Since liquidation will provide $1.11 cash per share
and book value is north of $2.50 per share ...
how much will the competing plan being considered by SK offer current equity holders per share ......
if SK presents or recommends anything less in a competing plan than liquidation value, in cash, for all equity shareholders, they should refund their legal fees immediately ....
IMO, MMPI is on its way out of BK, equity intact at $2.50 less legal fees ....
not quite sure the legal fees being paid are worth it at this stage ....
still prepared to get longer MMPI as the opportunity presents itself from here ....
good luck to all IHUB posters, readers and followers
