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Re: GhengisJohn post# 45588

Tuesday, 10/02/2018 10:59:08 PM

Tuesday, October 02, 2018 10:59:08 PM

Post# of 153746

We don’t know what arrangements have been made, proposed, planned or signed off on.



Yes, we do. The Company has been liquidated. There is no reorganization, so there is no shares to be issued.

The creditors will be paid the money from the liquidation in order of priority. That is the LAW. And nothing will change that.

Common shareholders are, by LAW, always last in line. Only if everyone in front of them is fully satisfied in their claims will they receive anything. And that is not happening. It was abundantly clear before, but Mitsui's filing confirms it. They are the third secured creditor in line, and if there was enough money for common shareholders to be paid, they would be paid in full, and would have to object, would they?

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