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Re: goodietime post# 91410

Wednesday, 11/18/2020 9:57:48 AM

Wednesday, November 18, 2020 9:57:48 AM

Post# of 111179
I do not know / remember why they were removed. I can remember the dissapointment and price dropping from 50-60 cent range to below 20 cent range after this and even to 5 cent levels. I guess it was in 2010 or so. There was also some quite big instituional holder who sold immediately CTs after this, I think Italians. I also remember that first version of POR was actually designed as actual reorganization and after hedge funds in creditor comitee did not support it then second and third version of POR where already so called liquidation PORs.

Just old memories. Please note that this all is over my pay grade. Just hanging in there. I'm no expert.

Funny thing if I started today searhcing those first versions of POR from Epiq with phrases like "Plan of Reorganization" and similar then I got only dockets with November 2011 or newer. Did not found those 1st and 2nd versions from 2010. Maybe I was searching with wrong phrases. I think Joseph and Rex should certainly look for those old versions. Might help with the appeal.

Just my 2 cents.
Cheers, Stay safe!
Slim