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Madclown

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Madclown

Re: ankitgu post# 202

Thursday, 05/06/2010 12:57:23 AM

Thursday, May 06, 2010 12:57:23 AM

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Correct. Based on the financial position of the company and the results of operations as per the SEC filings in addition to the pricing of the bonds and the equity, any effort to form an equity committee will meet stiff headwinds. At this point in the case, an EC movant would have to prove that a "substantial recovery" is in the offing. I just don't see it happening.

http://www.chemturaresearch.blogspot.com/
http://tronoxequity.blogspot.com/
http://migpreferred.blogspot.com/



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