Spansion Inc. (CODE)

[Madclown]

SPSNQ - Interesting Items from the March Billings

I am new to this stock and am trying to do some DD. I don’t know if the information I found is old news or not. Your thoughts are appreciated.

Upon reviewing the March 2009 billings submitted by the attorneys (Latham & Watkins) for reimbursement I came across multiple references to “Neutron” and “Marconi” Asset Purchase Agreements. There was also a reference to the “Electrum” proposal and a reference to the “Potential sale of Cerium.” (See PDF pages 88 – 99) of the link below.

http://chapter11.epiqsystems.com/viewdocument.aspx?DocumentPk=f0285708-1ed5-42e7-b966-b2214424d85f


In reviewing the KPMG billings there were also references to “Marconi M & A Transaction” as well as other references to prospective buyers. (See PDF pages 30-32 of the link below.

http://chapter11.epiqsystems.com/viewdocument.aspx?DocumentPk=ff403869-2101-438f-85fd-6ce461485a68


In the Morgan Stanley billings there were references to “39 prospective buyers” as well as a March 2, 2009 conference with Latham and Watkins regarding a “Debt for Debt exchange”

http://chapter11.epiqsystems.com/viewdocument.aspx?DocumentPk=e186d6d1-02cb-4ab3-bf55-e41e9210be31


Madclown