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Re: None

Wednesday, 04/25/2012 5:56:53 PM

Wednesday, April 25, 2012 5:56:53 PM

Post# of 111194
Just some thoughts on the until all allowed claims are paid it full...Just throwing it out there....Lehman's exit was to IPO Archstone...Now some cash and shares in Archstone would cover the allowed debt...I do feel if Lehman IPO's Archstone...The Seniors will get a combination of cash and shares to pay off allowed claims...The juniors will most likely get shares with no cash...It seems things are on the fast track right now...Once Lehman has 100% Archstone..That 100% is generating revenue and I think things will move pretty quick into IPO...My Guess mid May..Archstone IPO...Upon that event...Seniors will be made whole in Cash and shares...The trust will be canceled and the Trust will become Junior Debt...As it stands now...Before JPM gets cash on the Junior debt...The trust must be paid in full of allowed claims...We are in allowed claims..Ours just went to Seniors...GLTA Just some thoughts


Also I have a feeling we'll be senior preferred equity if we get shares