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Post# of 83058
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FFF

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FFF

Re: mickeybritt post# 71189

Wednesday, 02/23/2011 8:51:17 AM

Wednesday, February 23, 2011 8:51:17 AM

Post# of 83058
Mickey,

The Settlement Agreement is not a buyout of CPRKQ. It is the framework for Altus, or anyone else, to buy out the claims of the Secured Creditors. Even if Altus goes through with this and buys out the Secureds, the company will still be in Chapter 11. The only thing that would change is that Altus would now be the secured creditor instead of the multiple secured creditors we currently have.

FFF

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