The Equity Shareholders Fund is the vehicle the court approved to raise money ($800,000) to fund the DIP loan which the ESF will give to Lee to fund the POR (plan of recovery). You have to be a current shareholder to participate. For every $1,000 invested in the ESF you get 500 shares of the new CPRK and 1000 shares of the ESF...you also get 2000 warrants (2X 1000) that you can excercise in the future. The ESF will be open to outside investors November 1, 2013. The PPS is expected to go up but you will be able to buy more shares at $1.00 per share....again....have to be a current shareholder to be a part of this.
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