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Enterprising Investor

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Re: vpagano post# 6800

Wednesday, 05/02/2012 8:17:45 AM

Wednesday, May 02, 2012 8:17:45 AM

Post# of 6831
I hate to use iHub lingo, but...

the "multi-bagger" potential, if there is really is one, has and will always be in holding senior notes.

Trustee Sher is sitting on $107 million today. Cash will be needed to pursue the litigation, so there will be some burn. Each of those cases will most likely to settled, making the chances of getting every dollar sought highly unlikely and leaving all forms of equity out in the cold.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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