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Re: BBANBOB post# 33785

Friday, 09/11/2020 2:28:06 PM

Friday, September 11, 2020 2:28:06 PM

Post# of 43522
Thanks Bbanbob...so now before ANYONE will possibly put a bid in there must be a signed 8K between today and Monday night.

Ok, so let us say the 8K comes Monday which then means there are 21 days to object and field any new bids. Now remember, why would ANYONE else bid on JCPNQ UNLESS the bid is not only better than the Debtor’s plan but SUPERIOR in all areas of the bid.

Because we know it is very, very hard to take the Debtor’s independence away in a Bk court so the bid must be something better such as the following.

1) The bid must be at least 2B to 2.2B plus bidder must take care of all debt, take the entire JCPNQ Enterprise Including 321M outstanding common shares while preserving the company and 70K jobs

2) If a bid such as this comes across the public scrutiny will limit the Judge’s power and will be forced to accept bid in my view

3) This bid must happen before end of September 2020 or the Judge will approve the slaughter of shareholders giving the JCP Enterprise to the Debtors for virtually nothing via new shares issued while equity is cancelled.




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