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marayatano

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marayatano

Re: frankj post# 5451

Sunday, 05/19/2013 12:08:20 PM

Sunday, May 19, 2013 12:08:20 PM

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You should factor in the 35% of reorganized Patriot to the Union which might get higher and the conversion of (some or all the) note holders and possibly general claims holders.

Previous pie: all equity

New pie: 35% already cut. Who else is in line for a piece? Equity is last, the question is by the time it gets to equity, will there anything left, crumbs, or did the Union lick the plate and knife clean....

IMO
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