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Re: BKfinancier post# 278

Saturday, 08/27/2011 12:12:59 PM

Saturday, August 27, 2011 12:12:59 PM

Post# of 461
The litigation assets are the most likely source of value for shareholders and unsecured creditors. I do believe that this alternative is much preferable to the last POR that was out there. We just went through 4 months of silence following the Judge handing the EC a "hammer". I can't imagine the EC or the UCC would sit idly by for that long and hold out for a less favorable outcome. I believe this outcome strips the DIP lenders of the windfall profits they thought thet were going to receive at our expense.

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