Bankruptcy Q Players

[the cork]

ABWTQ was the best of the Big Q's from 2008. That should have been so much better, the shareholders got totally screwed.

They somehow managed to value millions of acres of standing timber at Zero, shielded over 130 million in collected funds from the court's "accounting" for August's liquidity purposes, sold non core asses off below low bid, "settled" a 500 million dollar hydro project dispute for 130 million, paid a lying SOB valuation firm 60 million to make it seem plausible, had three profitable quarters leading into the court date where they then argued they were hopelessly insolvent, and the concluded equity was out of the money.

Oh yes, almost forgot they managed to give current ass holes in management 8.5% of the reorganized company.

I sold some at .42 but obviously should have sold more.

Fucking dishonorable Judge Carey was in contempt of his own office.

But to answer your question, no, not any more.