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silencedogood2011

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silencedogood2011

Re: None

Sunday, 11/07/2010 12:05:20 AM

Sunday, November 07, 2010 12:05:20 AM

Post# of 911

This is a BK play.

Some here on the board believe that commons will be cancelled. I have not read anywhere that they will. The initial BK filing has no information to the contrary. I have e-mailed Mr. Karp in hopes of clearing this up. Right now this is a BK play with a small share structure and 77% PPS downfall. As we know BK stocks can fly up or down. I believe we can all name a few. Also original reports of commons cancelled by any news agency has in cases been seen as misinterpretation of the facts so early in the process and indeed the shareholders retained their shares.

The reorganization plan will be the clincher here. Next month it will be sent for approval by Judge Walsh.

Right now this is a debt for equity BK. Not a liquidation. There is no trustee because the company will be operating with cash on hand.

Risking it all to obtain the reward, necessitates the motivation to succeed.

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