Which is why getting the Equity Committee approved was a game changer. EC had best make damn sure the creditors dont steal away the new 'REIT business' like a thief in the night. You better damn, good, and well believe that is exactly what they're trying to do. They want to leave junior creditors and shareholders out of the money, or at best stuck with the 'new retail' business.
That wont be worth anymore than the current retail business IMO, a bigtime loser. Remember what landed you here in the first place.
SO IMO the best thing EC can do, along with as many PRO SE shareholders as possible, flood Jones with MOTIONS TO DISMISS. Immediate result if he approves and sends creditors crying,,,JCPNQ goes to .75 to $1.25 range, and goes back to ticker JCP for now.
He is creditor friendly so its a longshot, but it would cost very little to find out.
