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Re: broken_clock post# 54944

Thursday, 12/27/2018 2:04:05 PM

Thursday, December 27, 2018 2:04:05 PM

Post# of 147131
I’ll never understand what’s so hard to wrap this statement around their minds
“A plant that was built 3 years ago valuing at $140M was purchased for 4.3 million” Now if this was the case this would cause hardship for everyone. To say that the Visolis bid was better than the second bidder if their is not a second transaction is ridiculous. Once the stay is over, no matter how many stays they continue to add, the 338h10 election will be revealed and shareholders will be rewarded. $4.3M dollars minus $1.5M for fees plus the DIP lender got paid. Now is it really that hard to split up the remaining money or is LCY raising money for a share purchase
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