SK will not have "refund risk" ... what?
Can you please explain your entire post .... as quite frankly, i didn't understand any part of your post ...
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SK will not have "refund risk".
All plans should provide value that is competitive. How each gets there may differ. The most important thing is a quick conformation process. Secured creditor support is crucial to success.
New capital infusions need not be large.
Now if only someone could help me get my portion of principal, interest and the $1.5 million bonus for accepting the plan, I can redeploy my funds!
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IMO, liquidation value in cash is $1.10 per share
Book value is $2.50 per share
Please explain clearly what your fellow equity holders can expect per share from "all plans should provide vaue that is competitive". More value? and value to who? and in what form?
how will a competing plan provide us either $1.10 per share or $2.50 per share ..... or more ...
or are you just talking about the potential short term daily stock price fluctuation ... of MMPI
IMO, any competing plan will most likely be dilutive to current equity holders ... not good in the long term
just trying to stay focused where i need to be ....
good luck to everyone
