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Re: LOCHUTE post# 196803

Friday, 06/26/2009 8:02:01 PM

Friday, June 26, 2009 8:02:01 PM

Post# of 203990
One would think the creditors/bondholders would approve the plan that offers them the best chance to get a ROI...as it appears the Chief Restructuring Officer has little chance of recouping the only asset the company had-the Nicosan license-it remains to be seen what he can offer them going forward...

and taking the short side in retrospect looks like a no brainer---especially knowing the equivalent of "Wrong Way Corrigan" was driving...

AMHO

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