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Hugodrax

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Hugodrax

Re: hawkmd post# 31434

Monday, 12/12/2016 9:20:50 AM

Monday, December 12, 2016 9:20:50 AM

Post# of 36208
You have no idea what you are talking about.

The converts are trading at 3 cents on the dollar because they are likely getting wiped as well - as they are under the DIP, secured, and first and second lien bonds. They are pari passu with the contingent claims as well.

________________________________________________________

Caller: But why did you back away from your prior guidance?

Eric Kelly: I am sorry? Hello?

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