Private,
Not to be a buzz kill, but I have dealt with these types before. I will believe it when I see it. IMO, 3 months from now, posters will be discussing how Mr. Bryant, and Southworth offered false hope that led them down a path they would not have taken had they known the truth. Facts are, they really didn't tell us much of anything that we didn't already know. We already knew Southworth does not want to wipe out the shareholders. Problem is, though he will be "a part of the process" (whatever that means), in coming up with a plan, he most likely will have little say in what it actually ends up looking like. Then, the senior creditors have to vote and approve. After listening to the call, I certainly hope, but am not so naive as to believe. I learned my lesson on investing on a hope it works out basis. Good luck to the shareholders. These next few months are going to be a roller coaster ride, let's hope the tracks dont run out.
