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Re: trader59 post# 21674

Sunday, 09/06/2020 11:34:03 AM

Sunday, September 06, 2020 11:34:03 AM

Post# of 63384
All old, out-of-date "DD." lol! Each point being made is short an important, redeeming aspect. For example: "then they just (might) end up wih a bankrupt company again." Okay, let's say I'm a creditor. What are my options (ie: what do I hope the judge rules?). I can take .08 on the dollar NOW... OR, I can take those shares (the # of which will be lessened if the pps is higher) and very likely get most if not all of my loan $$$ back. AT THE WORST, I get .08 on the dollar a year from now. LET'S SEE, WHAT SHALL I CHOOSE! lolol!
And that's answering just one of the points you make.
In any case, whenever you speak of the creditors... THEY HAVE ALREADY AGREED TO THE NEW PLAN!! So please stop "arguing their case".
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