New doc 155 on pacer filed by company, shows new valuations that have the shareholders "in the money" MUCH higher then the initial 7 mm valuation. I cant figure out how to do a PDF, but here is a snipnet Should be on the restructuring site later today.
[color=red]DIP Financing?s Benefit To Estates.
34. The estates are benefited greatly after spending the DIP funds. The value of the estate increases from $21,129,105 today [Exhibit ?C? to the Appendix] to between $74,468,490 and $83,285,848 [Exhibit ?M? to the Appendix]. Two methods were used to value the Debtors? estates after the DIP financing has been approve[/color]
