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Re: Madclown post# 3694

Tuesday, 06/29/2010 4:55:13 AM

Tuesday, June 29, 2010 4:55:13 AM

Post# of 7206
madclown, I already understood the equity capital raising is for bondholders who are accredited investors.

My question (just a confirmation) was that the $105M raised buys 70% of the new common shares.

I also didn't see the backstop investors named (I'm sure it is there and I haven't read it yet), but is there any chance they will let bondholders act as a backstop for more than their prorata share in bonds?
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