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Re: cottonisking post# 23224

Monday, 05/06/2013 5:56:30 PM

Monday, May 06, 2013 5:56:30 PM

Post# of 111126
cotton:

<<Their debt claims are expunged when they are converted to class 12 equity interest.>>

I don't know what you are stating here, cotton.

Are you saying the Lehman Estate pays debtors 9% to 100% as per the POR and the remaining debtor positions are converted to equity and lose their senior debt position over unsecured creditors if not expunged?

I'd have to see more confirmation of this somehow.