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Re: Rustyhotrod post# 67812

Thursday, 04/11/2019 8:09:08 PM

Thursday, April 11, 2019 8:09:08 PM

Post# of 153977
Excellent deduction. And it will continue to trade in laughable numbers till the bankruptcy is terminated. And it is still in bankruptcy title 11 chapter 15 . As plainly spell out in the documents the Delaware court has the last say . Key words COMPANY PRECEDINGS .
Now the KERP fantasy is all the secured creditors are paid . Apparently nobody has told PWC .

Distribution and termination of CCAA Proceedings
46. Once all of the foregoing matters are resolved, the Monitor will seek an order of the Court to distribute
the remaining net proceeds of the Company to the respective Secured Claimants according to their
security and priority. Recognition of this order will also be sought in the Company’s proceedings under Chapter 15 of Title 11 of the United States Code in the U.S. Bankruptcy Court for the District of
Delaware.

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