Ok so I have a few things to pick at. First off the data I have for the assets is closer to 7.55 billion, not 5, which does make a difference in this instance. As for the NOL's, last I checked the current value available due to the restrictions lifted in chapter 11 bankruptcy totals around 5 billion. Your debt number is spot on at 11 billion, however, when you add up your NOL's and assets you come out with 12.5 billion in assets against 11 billion in debt. While I do think Eddie would prefer to drop the 11 billion in debt and just run with what he has, it would be an overwhelmingly bad PR move when he could still take responsibility of the liabilities that are there and come out with more money than he started with. Currently, and THIS IS MY OPINION, Eddie has two choices. Take the money and run with very little hope of being able to over come the bad PR and end up right were he is now, or take the buyout, make money, and look like a hero. He's working on a solid business model that would see sales rise, and the fact that he's now working with amazon's alexa means there are at least talk between him and Jeff Bezos or someone else of authority in the company. These billionaires don't play the short term profits game and stay billionaires. Stocks are every bit public opinion as they are hard facts and data and I think we've all now seen this first hand with this one in particular. Data wise, Eddie wants the NOL's, and he currently has the assets. He really only has two choices to make, both of which he still makes money. It comes down to how he wants to be viewed going forward.
