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Levronefullblown

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Levronefullblown

Re: hinchback post# 2674

Monday, 10/26/2015 5:52:43 PM

Monday, October 26, 2015 5:52:43 PM

Post# of 2832
Only 1.65 million shares are held as short. That's a little over 1% of the total shares, even if they were to all cover, don't think it would have much of an impact. If it wasn't for the bondholders voting, then it pretty much would've been over. Everything depends on them. 2/3 of them must agree with the plan, and in the plan they're expected to get about 10% the value of their claims. I expect they will vote no on the plan, only a fool would vote yes if they knew what this company was worth.
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