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Re: None

Friday, 07/20/2012 10:33:23 AM

Friday, July 20, 2012 10:33:23 AM

Post# of 7508
obviously everyone has already read this:

http://www.patriotcoal.com/assets//files/PCX%20Chapter%2011%20FAQ%20-%20Investor.PDF

I know we are all taking a chance by holding our shares IF they decide to emerge from BK and start from scratch. It also states there is no word or guarantee any of the common share holders will be compensated for their current shares.

I understand those risks, but feel that IF this is to happen and we can get "screwed" out of the shares and get nothing from them, it won't be for at least 6 months to a year (if not longer).

However, I'm looking for an email address or someone to contact to see if anyone is fighting for us. I know we don't have a committee, or anything of that sort.

As others have mentioned, financial banks or other investment banks have also put money into PCX. I'm sure they are holding millions of shares. They appear to be in the same boat, but I don't think they will go down without fighting for their money back, or some sort of compensation.

Does anyone know, or heard of, a company that has personally paid those banks back, but never paid individual investors (such as us)?

I know its a long process and I'm going to wait it out for awhile. But just seeing if anyone knows a place we (investors of the commons) can voice our concerns and get some sort of feedback. Or are we just left in the dark and have to keep following all the dockets and court proceedings? Without much PR or updates by the company directly anymore (probably none at all) it will make it difficult to see where this is at

I'm still digging around to see if there is anyone we are able to get some sort of feedback from, but so far no luck.
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