Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[thelionwarrior]

Here's the deal. Sussberg has never been on the side of investors. If you remember the judge side barred with them to explain why he was allowing the EC. My guess is that conversation was basically hey guys this is a small fee to pay to keep some of the pressure off of you guys while you are doing this. Gives them someone to talk to. Then when Sussberg was asked a question in court, the judge immediately answered for Sussberg claiming he knew what Sussberg would say. Basically giving him no choice but to agree with the judge. I mean this is literally the guy who has been planning this BK for over a year before it happened. He and JCP purposely put us in this position when it is obvious it could have been avoided. So it makes no sense to me why anyone would think JCP and Sussberg would save us. They are all doing this together. Our only hope was for the EC to find something to legally use against them and so far that has been unfruitful. He doesnt know who he represents because he was not hired to represent us to go against the judge and JCP. He was hired simply to be a liaison between them and us. Now they are saying they believe they have found "long term value". To me that's going to be very hard to prove. What we need is proof that there is value now for us to get a piece of the pie. Long term value means there isn't value now but maybe there will be in the future. So I am definitely not comforted by the EC. If he is able to provide a reason to force the judge to make it a fully recognized EC then great. I have a feeling the judge will be like well we tried to do it this way but it's not working out. Not gonna force them to put out more money for something that's not working. Clearly he does not want to be bombarded with what people really think of this scam. He simply wants to do his job which is uphold the BK laws and move on. Who can really blame him for just doing his job? It would take someone more special than this judge to have the guts to stand up to companies like this that are purposely screwing common investors. This judge is too set in his ways and clearly doesnt care since it doesnt directly affect him.