All true. The Dean Food confirmation hearing was on the same day as McDermotts. DFODQ only has 91m O/S, and some asset sales went a little better for them, so shareholders there can still get 9 cents right now.
MDRIQ still at 4 cents for now. I guess jones let the NovaScotia pension fund (HUGH MDRIQ shareholders, lied to by dickson back in late 2019 and told NOT to sell, all is well!) CRIMINAL LAWSUIT appeal continue. He didnt have the authority to kill it since it was filed before the bankruptcy.
IMO jones is a total arrogant prickboy. During the McDermott hearing, as HE MADE HIMSELF A WITNESS FOR,,REPEAT FOR the debtors (McDermott and all its scumbags trying to get CH 11 plan approved, and did),,,stood there and dressed down Michael VanDeleen (SP?) ,,shareholder that appeared pro se.
REFUSED to address the fraudulent statements and lowball valuations made by the debtors, would NOT allow him to question Spence and Dickson.
Jones' kept badgering him,,,'well what difference does it make, under THIS PLAN shareholders arent getting a distribution.' He kept using that to mask all the corporate fraud and malfeasance. "What would be any worse, how could it be any worse, you arent getting anything."
If I remember right, VanDeleen was frustrated and told Jones, 'well, I guess they could SHOOT ME, and I would be dead! That would be worse!' Jones blew a gasket at that point and had VanDeleen removed from the courtroom. Anyone else that was listening, do you remember that? Just a short 2 months ago.
