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Re: trader59 post# 65436

Monday, 03/18/2019 1:10:19 AM

Monday, March 18, 2019 1:10:19 AM

Post# of 146834
They were liquidated? Really? Under what approval? If liquidated court would be done and no stay necessary?

Also "company can restructure at any time during stay"

Sooo....if there is a stay of proceedings nothing has been finalized......because if anything was finalized.....a stay of proceedings wouldnt be in place.....:O

But please do correct me

Also bid of 4 mil approved by PWC on a bid from a former PWC member.....Conflict of interest....Visalis...LYC....stall of time for restructuring purposes . ....Debts settled with cash and share restructuring......stay of proceedings granted until all parties happy with cash/share distribution
.......only thing that makes sense for a sale worth 4 mill.

And PWC involved meaning less mentioned in monitor reports the better for PWC home run / grand slam
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