News Focus
News Focus
Followers 159
Posts 40408
Boards Moderated 0
Alias Born 02/09/2013

Re: BBANBOB post# 733566

Friday, 08/30/2024 12:12:44 PM

Friday, August 30, 2024 12:12:44 PM

Post# of 749756
REORGANIZATION - Chapter 11
... try to do your homework together... you are on the right line...

I'll give you some hints; all documents/statements are posted in this board, try to find and understand them... connect them

A-L = 24 B
C/B 15B = 62,5%
Equity 9B = 37,5 % (biggest outcome in History)

Equity
Commons cancelled
Preffs/Prospectus cancelled
instead gettin' two types of securities
Serie S - 6B (17%! interest)
Serie T - 3B (17%! interest) (75/22,5/2,5)

Reorganization... Fair and Reasonable
Serie T - 3B- 2,5% - 75 million $ new Company
Equity 75 million = 37,5%
C/B 125 million = 62,5 % (look above)
with recieved interests acquired Nastionstar

Serie S - 6B 17% for 15,5 years
6B + 15.8 B interets (until now)
Feb Mor3 2012... equity has a claim - DCR -
Preffs 7.390 B
Commons 13.050 B (1.060 B Shares)
Federal Judgement Rate....
Preffs 1,3 - (10 B Preffs in Coop)
Commons 10$ per Share - (106 Million Shares Coop)
independently of accepting, releasing...

Serie T
Remains 2.925 B - 75 millions new Company
(75/22,5/2,5)
Preffs 2.250 B
Commons 0.675 B
only for releasing ones and last post stay healthy waiting for the fdic cyu next year

that was the REST OF THE STORY GLAD someone copied and saved it

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today