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Tuesday, December 31, 2013 11:54:37 AM
i have closely traded and seen what bankruptcy looks like CEDC,SVNT,PCX .All of it was case of bankrupcy.So in all those cases,common holders had a beer and returned home.
In this case,it is DIP but not bankruptcy filing.Which means it is a takeover by force.Like DROP assets,stationary,we get to belong to MSLP and will be dealt with.
The logic of screen going down on the 8th Jan,2014 is absurd.And so you presume all the share holders are even seeing the DROP trade because they are averaging down ?:):)No Sir.Please...
The management (even if) they allow DIP,would negotiate terms for the share holders .Yes,I agree with you on one thing.We will not have the right to fight the compensation.Even if it is going to be 1000 DROP to 1 MSLP,we are scape goat and like BZNE,we could go legal but....
DROP common holders will be compensated/converted/diluted/flushed out by one or the other means BUT never "0".With the FUSE potential,I see a decent deal for the commoners.
Patience pays!!!
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