Saturday, May 15, 2010 2:33:49 PM
Your item #2: Somebody correct me if I'm wrong but I believe the 24th is the day the judge could grant approval for the BOD to go out and try to gain enough support/votes in support of this particular plan only. We will hopefully have all the Hedge Fund attorney's present making excellent arguments against this plan to prevent the judge from allowing it to be voted on.
If the Judge allows it to remain then the BOD goes out and tries to get majority to go with this plan. On June 29th if the BOD has enough support (majority) then the judge has the power to approve it and then commons is finsihed.
If the Judge allows it to remain then the BOD goes out and tries to get majority to go with this plan. On June 29th if the BOD has enough support (majority) then the judge has the power to approve it and then commons is finsihed.
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