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Re: penny.dreamer post# 35885

Thursday, 08/13/2020 3:22:14 PM

Thursday, August 13, 2020 3:22:14 PM

Post# of 41221
Chapter 11 is actually the next best option. Not only would it get rid of the TCA debt, but they would be able to reorganize the entire balance sheet and protect existing shareholders.

The capital raise that they’re currently pursuing is a lot more dilutive than the above stated scenario...

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