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Re: linda1 post# 2628

Tuesday, 12/21/2010 4:16:05 PM

Tuesday, December 21, 2010 4:16:05 PM

Post# of 111237
I don't remember clearly that the debtor's (or LAMCO)will issue new shares to equities only, not including creditors. Creditors' claims will be automatically expired from a setup terms (i.e. 3-5 years ???). Thank you for your confirmation.

However, the new plans from senior creditors want us included, and wipe out all equities. I think that is the reason that "J" went down fast. I think this the strategies that creditors want to leverage debtors to accept the new proposal, which reduced debtors' claim about 47B.