Exide Technologies fka EXTC

[big-yank]

Here is a convenient summary of the FACTS established about Exide's BK over the last few days.

1. Exide filed for bankruptcy because it is insolvent.
2. Exide has suffered major losses in client volume.
3. Exide has suffered huge cost increases from Pb escalation.
4. Exide has a large Interest payment due in Sept., 2013.
5. Exide has lost money in each of its last 4 fiscal quarters.
6. Exide's gross margins are in steady decline.
7. Exide has pending environmental remediation costs.
8. Exide also has pending class action legal costs.
9. Exide has no new institutional interest per Form 4's.
10.Exide shares have "little to no value" in reorganization, per
management statements.

Any questions?