I thought this (see below) was what started the frenzy.
Ilene Slatko?@DelShareholder
Re A: cont. Company for 256M and bring $350M more to invest in co. Creditors are assuming .61 cent payout.
2:00 PM - 11 Dec 12 · Embed this Tweet
Followed shortly afterward by:Kapla
Tuesday, December 11, 2012 2:26:07 PM
Re: None Post # of 17637
Quote:
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Ilene Slatko ?@DelShareholder
Re A: cont. And Wanxiang agreed further to absorb the claims instead of AONEQ
Followed by: patrun Tuesday, December 11, 2012 2:56:41 PM
Re: forreste1 post# 17129
Post # of 17638
When a buy out, you've to take all the liabilities and ongoing claims. that's the life
and: Kapla Tuesday, December 11, 2012 3:06:22 PM
Re: patrun post# 17155 Post # of 17639
$350 million?
Ilene Slatko ?@DelShareholder
Re A: Wanxiang director will testify shortly. Atty now explaining more about him and Wanxiang. Wanxiang is coming to closing w 350M cash...
Bunny then put all this together and the run of misinterpretation was on: bunnyb Tuesday, December 11, 2012 3:15:35 PM
Re: sharold post# 17165
Post # of 17640
Debt assumed by buyer. If so this IS a reorganization CH 11.
Do you know what that may mean?
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Opti
Hebrews 11:6 And without faith it is impossible to please Him, for he who comes to God must believe that He is and that He is a rewarder of those who seek Him.