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Re: toogoodfella post# 71222

Wednesday, 02/01/2017 3:29:02 PM

Wednesday, February 01, 2017 3:29:02 PM

Post# of 111202
Not true.These claims were allowed by the debtors.If any thing is distributable after the senior claims above class 10 are satisfied in full, these class 10 ABC have to be satisfied respectively before any stock distributions to the former owners of the company ie equity classes preferreds and commons.
To utilize the NOLs A>L, equity should survive and can't have ownership change for certain time.That means, former stock holders might get something in value.If that happens, these classes have to be satisfied in full as the claims were not disputed but allowed.