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Re: private_wealth post# 65719

Tuesday, 06/08/2010 1:05:28 PM

Tuesday, June 08, 2010 1:05:28 PM

Post# of 83048
So is that what it comes down to similarities!!!! I can point out thousands of Qs since 2002 and I will also say there are none that are similar in any way shape or form. Each and every bankrupt co has it own set of circumstances, they are all set to different obstacles. Some are not even bankrupt, they are just crooks out to get rid of the equity holders. Each and every case is decided on its own merits by the courts and the judge has the final say. It is the courts responibility to find truth, however the big winners are the lawyers appointed by the courts. Ultimately the equity holders must, in almost every case put up the biggest fight to try to recover any value and the sooner the fight begins the better chance we have.The biggest thing we have to remember now is that John Byran and his cronies are not our friends, they are here for the money,plain and simple. We, the equity holders are at the bottom of pole, we are last to be paid. Jb and his group will try to prove liabilities far exceed assets in order to get the smallest % payout possible to all creditors. We , as the equity holders must prove assets are far greater than liabilities, firstly to avoid cancellation and then to get approved equity committee so we have some say in the restructuring.If we do not get an EC then we have no say and no protection at any time. No CPRKQ is not similar to any others,this one will be a hard fight for the shareholders all the way. JMHO

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