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56Chevy

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56Chevy

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Re: seismic post# 352

Monday, 05/06/2013 3:58:19 PM

Monday, May 06, 2013 3:58:19 PM

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Plan for the worse and hope for the best!

Agree. That is all we can do.

When it’s all said and done the reorganized company may only have one asset left.

A reorganization would require a plan to reorganize...and so far we have had no such plan put forth by anyone.

The closest thing to a "plan" we have is a 363 Sale put forth by the DIP Lenders. This 363 sale will have the same result as a CH 7 liquidation...only much quicker.

I wish all of this wasn't so...this is NOT what I wanted to see happen...but these are the realities.


Learn something new every time you invest...and take it with you to the next opportunity.

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