Seventy Seven Energy Inc. (fka SVNT)

[kaufmaga]

You have warrants (lotto tix), thus, if new co. exceeds EV of 1.7B and 2.5B then your warrants hit strike price and you make really good money.

Lock em up under the mattress for a few years, I'm confident they'll pay off.

Remember, SSE employees owned a TON of stock many of whom counted on it for their retirement. Jarvis said 20% was given from new company for their sake. Most CH11 wipe out altogether or give less than 3% of new company (see HERO case study). Thus, this was very kind of bond holders to offer 20% . WIth fresh start accounting and eventual oil increase SSE is bound to crush 5+ years from now.

GL all, G