Saturday, July 09, 2022 8:46:08 AM
I am not sure how any using any COMMON SENSE OR LOGIC, could even suggest that the following WILL NOT BE PAID FIRST ...
1.BOND HOLDERs not paid yet
2.TPS not paid yet
3. P's not paid yet
4. K's not paid yet
BUT LO AND BEHOLD THE COMMONS WILL BE PAID giving them PRIORITY over the most SECURE PRIORITY OBLIGATIONS a company can issue.............
THINGS THAT MAKE ME GO HMMMMMMMMMMMMMMMMMMMMMMMMMMMM
Does this make any sense to you??????????????????
NOW speaking out of the other side of my mouth
IMHO this is EXACTLY WHY the 75/25 WAS IN FACT INSTIGATED and PUT IN FORCE in case there was not enough to go around, THESE WERE imho the exact words used and for ALLOWING this compromise is WHY imho the 75/25 % is to the end..................
IN SHORT
ONE DOES NOT GIVE UP An (AP)ABSOLUTE PRIORITY POSITION and get NOTHING IN RETURN for doing so
MAKES NO SENSE
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