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Re: trader59 post# 67385

Friday, 04/05/2019 10:03:56 PM

Friday, April 05, 2019 10:03:56 PM

Post# of 146248
That’s just simply incorrect on a couple of fronts .first off, the monitor only said there would be “no further value from the Ccaa “ . Let’s look at that phrase . That could mean There’s no value whatsoever. That could also mean that while there’s no further value “from the ccaa “, that it speaks nothing of what comes after it. It could even mean that there’s no further value from the ccaa (included in the ccaa being the nda?). It could mean a lot of things. Of course just letting the shares trade organically would fit both “no further value from ccaa” and this deal being “in all stakeholders best interests”/ “causing no hardship not outweighed by the benefits”. This would of course be in our best interest (all creditors shareholders aka stakeholders) as the value of shares would continue to rise while also not getting “any further value from the ccaa” as the value would come from increased pps after which would undoubtedly have benifits that far outweigh any hardships we had during the complex sales processes. Also there’s this “misconception” (is it really one though? Lol) that the NDA would be keeping anything from the judge. That’s laughable. It’s only being kept from us. Regardless what’s in it, any judge signing off would know exactly what’s in it. In this case, the judge (who we can all agree must know everything by THE LAWS) decided that this deal was IN ALL STAKEHOLDERS BEST INTEREST. If it had merely said “stakeholders” without the “all” I might be a little more worried. If it was just in stakeholders interest then one could argue that some stakeholders getting some small portion while everyone else left out in the cold was in some of those stakeholders best interest. However $0 is never better than $0 so if $4.3 was the whole deal this wouldn’t have even been in all creditors best interest much less all stakeholders. I haven’t added any. I haven’t sold any. I’ve slept very well throughout this. IMO we have about a 90% of making out very well here (something can always happen and shenanigans do happen). If not I can use the tax loss against massive gains on a CE stock many detractors on that board said I’d never see either.
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