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justthefactsmam

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justthefactsmam

Re: Large Green post# 16298

Saturday, 01/26/2019 4:16:03 PM

Saturday, January 26, 2019 4:16:03 PM

Post# of 37346
what eddie will purchase, if his bid is ok'd by judge, will be purchased in the name of transform holdco.

i believe that what will then be left of shldq will be converted from a chapt 11 bankruptcy case to a chapt 7 liquidation and there will probably be a trustee appointed to oversee that mess.

it's my bet the common shareholders will not be wiped out but i do believe the existing shares will be cancelled and new shares issued in whatever name transform holdco becomes.

it sounds like we both are of the opinion the common shareholders will survive in some way.
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