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

[W3Research]

$JCPNQ FAM #1692! When EC4 Hired CR3 I was excited because of the 2 important BK's Snyder worked Pilgrim’s Pride & Mirant, yes Snyder has done 100's, But these 2 case are important case Law & well known in the BK community. for both cases Snyder provided critical analysis, conducted a valuation & for each & testified that each were not hopelessly insolvent Both lead to a ROP & Equity for SH

Snyders “sum of the parts” & NOLV Appraisals are brilliant! He used JCP Inventory & numbers & Cushman & Wakefield appraisal. "The sum of the value of cash, inventory & real estate, the “hard assets,” is straightforward & not assumptions by CR3 & totals $6.5 B, The real estate props & e-commerce could be sold independent of the brick & mortar ops & provide more value for parties in interest than the proposed sale"

" ALL creditors would receive a significant, if not full, recovery just from hard asset value"

Now we need the press to spread this story & to keep the pressure on

GLTA Godspeed!

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