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Re: gophilipgo post# 30627

Tuesday, 01/11/2011 3:57:18 PM

Tuesday, January 11, 2011 3:57:18 PM

Post# of 42851
No, she just thrive a bone to us instead. 5B NOLs is bookvalue, it is probably worth 1.1B market value. So, Preferrds are worth roughly 10-20% of FV.

Instead ruling 4B deposit favor to us, she let JPig gone. Otherwise, JPig would contribute additional 4B in exchange of release. Then, we are in FV.
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