We have the same concerns regarding current management.
I was only attempting to explain sections of the Debtor Plan which impacts equity.
A two-thirds vote from the Secured Creditors is still needed. It is clear to me how the majority of the Non-Settling Secured Creditors feel based on comments in court.
If you aren't an Enterprising Investor, become one—you'll love making money like Benjamin Graham.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.