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Friday, June 15, 2012 10:49:16 PM
Chapter 11 protection and restructuring. They have to file a plan by 6/30/2012
The Company, just prior to the Chapter 11 filing, entered into a Plan Support Agreement with its senior lenders which will result in the filing of a plan of reorganization, on or before June 30, 2012. Such plan contemplates a redistribution of the assets and equity to creditors and existing equity holders.
YOU ALL ARE EQUITY HOLDERS
Could also be another attempt to get your shares.
Out of posts, sorry.
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