At this point, this is a good thing(in my view) here is why:
First,
UPDV, HTOG, CNFU own some very nice assets. The former management of these companies had good plan and did acquire great assets.
second
They did mis-manage the plan and were obviously dishonest (understatement). The default on to Sheridan and vendors, probably caused the companies and personal assets of officers to be seized by debtors. This was probably a good event for shareholders as it took the companies OUT OF THE HANDS OF THE CROOKS well over a year ago. Since the debtors have a lot invested in these companies, they would try hard to recoup investment. In my view this is what they have been working on(in any case this seems logical progression of events).
Third
With oil over $100, it seems the assets are now MORE VALUABLE
Fourth
The CROOKS have been taken out of the picture.
Fifth
These companies are under the microscope of the FBI and SEC, this is a good thing for us BAGHOLDERS, as whoever is running the show now will be compelled to deal fairly with shareholders
In my view it is a matter of time (hopefully sooner rather than later) before the facts are revealed and the shareholders will see clearly what the situation is. YES, I was sucked in by the plan and went ALL IN on these stocks---I am hoping that justice will prevail in the end for us shareholders as well. I my view, with Oil at $100, and gas assets in demand, and honest parties now in control, shareholders have reason to be hopeful.
Yours TRULY
ALL IN bagholder
