Hey I and many others asking same thing. Look at JC Penney now, filed C11 without notice, now ticker JCPNQ, and Shareholder meeting there set for today now postponed??? THEY Got an entire financing deal on books, wiped out most debts in fact, put assets in major REIT managed now by the lenders, then Top Execs got $10M advanced bonuses to stay on, then they paid $17 Million note pmt due last Friday afternoon, and late on Friday night last week, they announced they filed CII...??? !!!
Nothing makes sense anymore out there...
In fact JCP within 3 day period last week, already achieved what FELP still has not with courts or a Judge over many months still! In fact, Last Saturday Judge came in to establish 1st hearing already. Very nice and cozy and unbelievably speedy like nobody ever saw before... Many want investigation into entire matter...
