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Re: SwissCheeseAccount post# 84143

Thursday, 05/30/2019 3:40:46 PM

Thursday, May 30, 2019 3:40:46 PM

Post# of 111126
swiss,

You could also say CT coupons have been likely re-allocated to pay attorney fees listed as either Class #6A, 6B, 7 or 8.

We're hanging in there.

I think the subordinated debt re-allocation totals over $7.6B after 11 years.

Add all the other cumulative preferred coupons and it's deep sheep dip!

This is why I always hoped for a re-structuring with the business charter and not a liquidation.

Get the interested parties vested in a new capital structure going forward and get in business.

Get out of the Courts!

Additionally, I hoped the attorneys' bark would be worse than their bite as well as any POR "assumed to be rejected by equity holders."

What does everyone want now? Abscond with a new capital structure and pretend the sub debt was never there while impairing the shares since 2013?

They could have done a different deal.

They know and didn't.

Or they haven't revealed it yet.

What else is there to do?

What power do we have as shareholders in the Trust?

mojo