The judge has absolutely no say. The confirmation is merely an order given by the judge to approve the reorganization of the business. The facts are clear as day. They are releasing Ceplene to Teper for nothing but a licensing deal that pays off what is owed. That deal is done and it doesn’t even need confirmation being a 363f sale. The Bert stalking horse bid begins at 6 million. That’s a joke. They will do that deal for what is owed to creditors. Any smart man knows that you don’t start a stalking bid at the bottom. They can choose with value, doesn’t matter, either way that bid isn’t going beyond why is owed. Shares have already been liquidated. Anyone buying now is simply buying air. But don’t say anything is up to that second circuit judge that actually supports lunacy. Lionel says it all. That judge will simply roll over and approve it all as they do. The judge does not in any way interfere with the sale process. This is sewn up tight. It’s done!!!!
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