Sunday, June 17, 2018 1:47:18 PM
Differing opinions supported by court filed documents tells more truth than conjecture and unsupported conclusions.
The idea that the NOL was gone has been found to be wrong and not supported but swept under the rug.
The idea that common equity owns the estate is also not supported by POR 7 but this claim persists. The documents clearly states 75/25% all the way.
MW got a sweet deal for commons. TPS - 30%, PQ - 30%, KQ - 5% & UQ - 25%.
Here's a simple challenge provide the documentation proof that UQ gets the entire estate.
Commons can get everything left if preferred gets face value plus back dividends. Am totally good to go but that is not supported because immediately the shares were cancelled in POR 7 the dividends contracts were also extinguished.
Nobody is hating on common shares holders, so don't go that defense route.
GLTY TPS, PQ, KQ & UQ.
PS: No need to divide and conquer.
For Ye shall know the truth, and the truth shall set you free
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