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WM Amor Trading

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WM Amor Trading

Re: None

Sunday, 06/23/2013 11:42:48 AM

Sunday, June 23, 2013 11:42:48 AM

Post# of 6681
NY Times 2004 article reported that xide commons wiped out by judge with over 2B debts and around 1B assets...current bk company reports about .5B more in assets plus .5B in restrucuring loan...with Vernon opening, not sure what pieces of puzzle is missing.

I believe this is simply a play to buy the company some time to renegotiate some debt and to restructure and come out stronger. I am not worried about the clas action law suit...negatives is this could take two years to finalize as it did last time.

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