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Re: fsshon post# 327105

Wednesday, 08/10/2011 12:35:16 PM

Wednesday, August 10, 2011 12:35:16 PM

Post# of 749756
Fish, IMO the only reason the EC has not made the move is that they believe that the BK court can totally disallow or subordinate the SNH claims thereby freeing up about $2.1B down the waterfall.

Thereby given total control of the case to Equity. Even if we go to DC right now, we have the debtors working to sabotage the process by holding a shareholders meeting with the same SNH guys taking control of the cheap share price and controlling the BOD.

I would prefer the BK Judge rule on the $4B Deposit, the Tax refunds and disallow the SNH claims for IT and then we can move to DC to fight for more bigger cash.

For Ye shall know the truth, and the truth shall set you free

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