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Re: capital gain post# 2536

Wednesday, 12/04/2013 3:51:38 PM

Wednesday, December 04, 2013 3:51:38 PM

Post# of 2548
I wouldn't ignore the 5 Cent trade of the 7 Cent IHCH warrants back in February in what might occur on a restructure and basis for lowered valuation and higher dilution at a lower warrant price.

I was concerned and posted that concern on why they took a loss on that trade and whether it belies any future buyout consideration price. No, not suggesting that 5 cents is the price, only a valuation mark against current (old) structure/dilution by the buyout parties. Maybe they did that specific transaction with IHCH (to sell and buy) to get that trade on the record (rather than an internal trade in that fund).

BTW....I'm seeing evidence of another legal settlement in progress beyond the legal settlements discussed in the 13-D/A by Silver Point that operates (may factor in) as part of the Step 1 buyout price. I think Chaudhuri is trying to tie-up all the loose ends before he and Silver Point takeover.

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