The key question is to ask why did the 25% not get cancelled and does our situation fit more closely with the 25% or the 75%?
I suspect a thorough study of previous BKs would indicate that shareholders most often survive only when there are undervalued assets AND a willingness on the part of the creditors to take less than a full loaf. I believe both to be the case with cprkq.
F18
Just my opinion and should not be considered as advice to buy or sell.
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