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Re: LKat7 post# 1632

Tuesday, 10/26/2021 7:32:07 PM

Tuesday, October 26, 2021 7:32:07 PM

Post# of 1674
The lack of transparency from this company throughout the bankruptcy process has been ludicrous. I should have known when they canceled the auction that this could be toast, since the only upside at that time, there being no assets left as of the sale, would have been if a stalking horse bidder had sunk millions of equity into acquiring "the brand name."

I appreciate the chemist for creating a positive dialog here and for allowing us to see both sides of the coin all along.

Kudos to the former mod who apparently took the money and ran. His only "diligence" being that he'd apparently had a horrible misread of the Chapter 11 terminology, and that he somehow believed DEST would outlast its claimants but instead they blinked first.

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