I wouldn't get all excited about mediation. As the plan is currently proposed, and all parties to the plan mediation have agreed, the only possible impediments, in the plan's current form, is to determine whether or not DIMEQ can vote, can appeal a ruling on the class litigation, and put a value on DIME's portion of the 30% allotment of newco.
Any other resolution is either provided for in the plan, or will blow the plan up (like a recovery provision for class 18).
I honestly don't think the debtors would be willing to give the LTW holders class 12 status in any amount that they would accept. The debtor's history is to disregard DIMEQ throughout the entire process. Only now, they put in treatment as equity. The only reason class 12 was ever in the equation is because the court established the reserve. The liquidation analysis didn't include DIMEQ as a possible class 12, or even a subordinated claim.
So all of a sudden they will pay? I don't think so. This mediation is for scraps. This is for the debtor to say, we think you're worth a nickel a share, but we may be gracious and give you an equity value that gives you 9 cents.
Just look at the plan construct that determines DIMEQ's percentage of pari passu recovery. 4 options, and none of them are correct. The EC has agreed to those 4. Art will not. Why? Because if DIMEQ is determined to be common stock, then the debtors would have to do the proper conversion that is provided for in the LTW Agreement. There is a specific mathematical equation that the debtors (and the BOD)would have to follow to make the conversion correct. The plan doesn't follow it. Therefore, the only way you get from point 'A' to point 'B' is by breaching the warrant agreement yet again.
Market Data 
Markets 
