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Re: investor2004 post# 1002

Saturday, 04/13/2013 4:50:57 PM

Saturday, April 13, 2013 4:50:57 PM

Post# of 2194
investor2004, I bet that you will have your answer next week, by Friday, latest. The late 10-K must be filed, and it is the metric content of this report that should spell out whether ROHI was legitimately at the precipice of an involuntary CH VII or CH XI, or if the forfebearance/default and pre-arranged cozy BK was more a matter of choice/convenience/opportunity. J.T. is right, the auditors who are quality people will not sugar coat it and risk a shareholder action to taint their brand and reputation.

There is a reason why Wynnefield amassed those shares. Remember that a goodly chunk of them are held by that company's executive compensation fund, meaning their executives personal wealth is in no small way tied to the outcome being somehow positive for common shareholders.

I said earlier that watching this play out is a little like watching The Jerry Springer Show... I'm waiting for the brawl to ensue as the players peel away the facades and reveal their secrets.

Good luck. This is certain to get even more interesting.
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