InvestorsHub Logo
Followers 0
Posts 144
Boards Moderated 0
Alias Born 10/19/2009

Re: Eclipse70 post# 5175

Friday, 10/01/2010 7:35:19 PM

Friday, October 01, 2010 7:35:19 PM

Post# of 7206
The Equity Committee would never just pull their plan unless they felt they would be able to get value by working with the Debtor plan. And, this must be the case.

Perhaps the valuation of the Company will be adjusted or the warrants will be amended.

In any event, as stated, this is far from over.

Let's remember that several members of the EQ are holding many shares and they are not just going to roll over and play dead.

I have to think that a reasonable compromise has been or can be worked out between the Debtor plan and the EC plan that the EC is able to accept on behalf of shareholders.

Let's see what plays out in the days ahead.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TROX News