Saturday, December 24, 2016 6:41:57 AM
People, the first proposed reorg plan has been filed. The common shares, plus the 2066 convertibles, are getting nothing.
While there could be some changes to the plan, the only way for the common shares to get anything, the 2066 convertibles would have to get something first, which is not going to happen.
The stock will be dead and gone way before end of 2017, once a final plan gets confirmed.
Louis J. Desy Jr.
Recent BTU News
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