Young Broadcasting Inc. Class A (fka YBTVQ)

[RonnieD]

this is possibly worth holding here, or buying at .005 or less, with a long term horizon.
Consider what Silver Point gave the Granite shareholders.

Company Notes
Note=12-11-06 company filed petition under Chapter XI of the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. Case No. 06-12984 (ALG). Plan of Reorganization effective 6-4-07: holders of 12.75% Exchangeable Pfd to receive 0.99812353 sh New Com & 2.49530882 shs New Class A Warrants for each Pfd sh held; holders of Class B Com to receive 0.00508283 sh New Com, 0.01270708 sh New Class A Warrant, and 0.01270708 sh New Class B Warrant for each sh Com held; holders of 9.75% Senior Secured Notes due 12-1-10 to receive 20.36220751 shs New Com per $1,000 face amt.