Wednesday, August 08, 2012 12:48:35 PM
Jshuey's reply to your post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78302358
Your rebuttal to Jshuey: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78305472
The sub bond is debt. It is not equity, nor has it been classified or reclassified as equity. You are wrong.
Someone shows you are wrong and you won't admit it.
Now you change your story and say "subordinate bonds and 1 common share are part of the LBHI Plan Trust that is a holding pool for equity securities, that are the last in line to get paid, equity - class 12"
That is wrong as well. See below:
So with your (old argument and) new argument, you are still wrong.
sub debt is Class 10. commons and prefferds stock of LBHI are Class 12.
The above states: "Plan states that in the event that all Allowed Claims in LBHI Classes 1 through 11 have been satisfied in full in accordance with the Bankruptcy Code and the Plan, each holder of an Equity Interest in LBHI"
So, Sub debt, Class 10, is NOT on the LBHI Plan Trust which consists of ONLY Class 12. So, you are still wrong.
Good day.
imo
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM