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Re: MGTY1 post# 4218

Thursday, 05/17/2012 11:17:40 AM

Thursday, May 17, 2012 11:17:40 AM

Post# of 4759
yes, it did. I believe that was paid back via the asset purchase. Malone's sole remaining exposure is his prior purchase of wrspq debt, but no one knows for how much (cents on the dollar, but how many cents?). If they liquidate, the judge will distribute the remaining cash to the creditors, including Malone. Of course, that's chump change now. Your supposition that Liberty is going to come in for the rescue, to fend off liquidation is certainly possible...as I said earlier today. Anything could happen. NOLs exist, and may have value to Liberty. I still have shares just in case!
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