it appears to me that if the bk judge doesnt cancel the preferreds, and minnie mouse gets the shell, the shell will still owe that money to the preferred shareholders...
lets see, 5 years of accrued interest at 6% and just how many preferred series III's are out there?
lets see, Mr. Chinese company... you will now be a publicly traded pink sheet company in the US, that owes $ _________ million dollars to previous shareholders...please sign on the dotted line and hand over a check for said amount.. great deal, huh?
xylan, do you know how many preferred series III's there are?