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drrugby

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drrugby

Re: drrugby post# 415

Saturday, 01/28/2012 4:25:40 PM

Saturday, January 28, 2012 4:25:40 PM

Post# of 465
Now.. This again proves the GMRRQ was a solvent debtor.

Thus.. All Senior and Junior Notes are subject to the federal judgement rate. Not contract interest rates..

FRJ is less than 1% at this current moment..

Oaktree Capital is in the house for $375M

http://biz.yahoo.com/e/120112/gmrrq.ob8-k.html

http://biz.yahoo.com/e/111221/gmrrq.ob8-k.html

Now since the Debtor is to be determined as a solvent debtor.

Again Equity must remain intact to get the NOL's.

Per the MOR.. 25m$ todate.

IMO: The derivative debt can be considered a loss.

GLTA..

GO GMRRQ..

DrR..



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