Digital Domain Media Group Inc. (fka DDMGQ)

[jaxstraw]

It appears that nobody even reads.

All the reading required is in the numbers......

Read the Schedules and Statement of Financial Affairs since you claim you read 'all' the court docs and show how to make the Assets and Liabilities switch value at this point.

All the rest is just window dressing.....

POP QUIZ.......if the numbers for Liabilities don't add up to greater than Assets then what do shareholders get ?

After reading all the submitted Schedules it appears that all the Debtors together are claiming only about $130mm in assets.

Yet all the liabilities are coming in at over $160mm .

Add in protracted legal costs and lawyer fees and that number keeps going up as this drags out for months.

Even if it is decided that the 'Make Whole' of $25mm needs to be reduced ( it won't be eliminated in it's entirety), or it is settled to a lower figure......

The numbers don't come up for any shareholder recovery based on what the Debtor has filed.