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Alias Born | 12/14/2017 |
Tuesday, January 21, 2020 10:51:16 AM
So if you are a large shareholder or fund manager and held this joke from $10 down, you had best do whatever it takes to form a bankruptcy to represent all commons in the BK court. ALL it should take is the proper motion for the BK judge to approve of an EQ/CM.
An equity committee is much better than having hundreds of individual shareholders trying to 'wing it' alone against the creditor committee (basically who the company is now working for, truth told).
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