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Re: BluSkies post# 16280

Sunday, 12/09/2012 3:10:45 PM

Sunday, December 09, 2012 3:10:45 PM

Post# of 22017
That's the big question. I can't but think the debts would be assumed. After-all wanx was willing to pay much more in August, if you add the debt you get 256+ 370 = 626. My thoughts are the debt gets restructured/refinanced somewhat and gets paid back under the new terms. Why would debt holders take 69 cents on the dollar when they can now be owed by a healthy company (wanx) with deep pockets, a very deep commitment, and are very likely to pay back every dollar.

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