Penn Traffic Co. (fka PTFCQ)

[Mukphly]

Sure would like too know why the value of the NOL & shell weren't recognized as an asset. Had to be enough value there to make the effort of liquidating them worthwhile.

That's the part that pisses me off, for I thought the shell & NOL package was our safety net against what has now passed. The judge eliminated millions of dollars that should have went towards the company's debts & did so w/o any explanation why. (that I am aware of anyhow) If anyone ever comes across a given explanation for this please, PLEASE, post a copy of it here.

Take care everyone. Hope the write off is helpful come mid April & better luck w/ future plays.