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Re: A deleted message

Friday, 01/29/2016 10:30:16 AM

Friday, January 29, 2016 10:30:16 AM

Post# of 27169
Most of us expected some version of restructuring for the company. A sale of Anythingit or Weedhire, a merger, etc. So we now know a bit about what method they will use. The way I see it, they are going to use the money they raised via revs, stock, and some asset liquidation to handle all of their debts. Instead of just paying the debts outright, they are going to use an assignee to pay back the debts more efficiently and through negotiating, getting them much more bang for their buck. All while not destroying the stock. Some of their creditors may end up settling for much smaller amounts and by the end of the ABC, things could look much better here. Just as before, time will tell, blah blah blah...