It's safe to hold at this price. JMW granted $9M is cash plus new equity plus possibly $10M extra. While the value of the new equity is debatable as is the $10M, $9M/110M outstanding shares = $.082/sh assuming everything else is worth $0, which it won't be, particularly the new equity.
JMW will NOT overturn her ruling by choice. That's not been her way thus far. There would need to be an outside judge intervene or this thing will be worth exactly the figures she's already disclosed, $.082-$.24/share, depending on the variables.
The likely path is an appeal to either judge block in d.c or another appeals court. The couple of attys who've posted probably had $50K in each at $.70 (completely my own estimate) hoping for $2.80. Neither will let $50K go (much less the potential for $200K) without a fight. They have a lot to personally lose and the skills and contacts to challenge this ruling at some level.
Not saying a rise to $3.00 is likely. Just reiterating that I see no point in selling BELOW the stated minimum recovery price.
Best of luck to all...
