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Thank you ferrot for your balanced and accurate

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BenK Member Level  Wednesday, 08/01/18 12:19:49 PM
Re: ferrot post# 48924
Post # of 50255 
Thank you ferrot for your balanced and accurate presentation of the present realities.

To your closing line,

"The only things he will hear are things like "Add me to the list of Chapter 7 bidders," or "I have enough money to put the company back on its feet, so let's put it back into Chapter 11." "

I would add one more thing: or "I have $200K to fund Shannon's lab work until the FDA work is complete, so I request an extension of the sale date of four additional months to maximize company value before a Ch. 7 auction or a Ch. 11 reorganization."


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