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Re: newcomerFCPG post# 6978

Tuesday, 07/12/2011 1:17:27 PM

Tuesday, July 12, 2011 1:17:27 PM

Post# of 14551
It seems that the answer is very simple.

Some analytical posters gave already the right interpretation! There are two companies involved in this banruptcy but only one set of money from Dish. The first company gets paid a certain amount of money and the rest will go to the company that is listed--that's us.
We do not know right know what amount of money comes to TSTRQ and how much will be left after secured creditors get paid. That will be determined around July 25, I think.

The bankruptcy of TSTRQ is separate from the one that just took place.

I was advised by Attorney Preis (and I hope I understood properly)to look at information filed after the bankrutcy hearing so that it can be understood what is coming next. I am providing the link he was kind enough to email me and I hope that one or more of you can search and hopefully find a good answer for all of us!

http://www.terrestarinfo.com/maincase.php

One more thing. In my opinion, if some big shareholder or investment company knew the answer we WOULD have seen today 30 million shares traded and the price would have gone either up a lot or down a lot. NO ONE REALLY HAS AN ANSWER RIGHT NOW!!LUCK OF THE DRAW?????WHO KNOWS?
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