Spectrum Brands Holdings Inc (SPB)

[bman007]

100% of note holders needed to approve BK restructure plan. So far, only 70% have approved. Where is the other 30% and why did HUSSEY announce the BK before he had 100% and before he had completed financials. All very fishy IMO!!!!

We get ANY hint that some will not go along or some of the institutional shareholders start filing objections to restructure, and we'll spike to at least .10 or better. We may bounce up there with no news, just the fact that 30% of the required note holders are absent from approving the restructure. Could be mighty fun this week!!!!! : )