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Re: AZCowboy post# 631794

Thursday, 08/20/2020 11:19:19 AM

Thursday, August 20, 2020 11:19:19 AM

Post# of 749756
According to this:
“The escrow CUSIP number shall only represent the right of such holder to receive potential future distributions under the Plan on account of the old or cancelled securities.”
KEY WORDS: “the right of such holder to receive potential future distributions under the Plan”
Note the term: “under the Plan”
Which never meant: What the underlying “old or cancelled security” used to be able to receive before the bankruptcy and the approval of POR 7 aka “the Plan”

So, “under the Plan” means 75/25 Class 19 Preferred/Class 22 Commons, because that is what “the Plan” states in the Terms and Conditions.

Thanks for clarifying that!

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