MOMO'S BREAKOUT BOARD

[TraderAI]

EU Approves JCP Purchase Amazon Places Bid COTRP UP!



Board link: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159146370

A foreign conglomerate with USA & European presence could not bid on JC Penney until the EU ruled in favor of the sale of US Company JC Penney. This company is Amazon. The EU ruled yesterday that Amazon could go ahead with their purchase and bid for JC Penney as a whole.

COTRP is a corporate backed $25 3rd BOND set in a JC Penney trust.

COTRP has a higher class (7) than JCPNQ (11) common share stock. This means COTRP gets paid before JCPNQ common stock shares because they are part of the (Un)secured Credit Committee when the sale is complete.

Bankruptcy law states that these types of secured and unsecured bonds must be paid in full. In this case, COTRP must be paid in full at $25 dollars per share before JCPNQ will see any of the cash overflow.

COTRP Is Where Buyout & Smart $ Goes First. Good place to park your estimated due tax this year.

COTRP is a third party corporate backed trust worth $100,000,000 with a 4M O/S which means the bonds at full face is $25.