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Re: althegambler post# 4094

Sunday, 02/24/2019 2:01:07 PM

Sunday, February 24, 2019 2:01:07 PM

Post# of 4273
Troy's document states he met with 8 companies. The main document states that access to the data room was offered to 131 companies, but does not state how many took advantage of the offer.

There is no information regarding bids. As far as we know no company offered a bid other than the Stalking Horse. But, we should hear officially tomorrow. If there is more than one bidder, then the auction will be held on Tuesday.

Given the preparation of plan B by the ad hoc committee, it appears there are no bidders and the auction will be cancelled and the Stocking Horse bid accepted and the shareholders loosing totally. If this is announced tomorrow before the bell, the stock will immediately go to zero. If it is not announced, the panic will probably drive the price to near zero.

Trouble and more trouble.

Opti

Hebrews 11:6 And without faith it is impossible to please Him, for he who comes to God must believe that He is and that He is a rewarder of those who seek Him.

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