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Re: ajh16230 post# 58202

Tuesday, 01/21/2014 9:45:44 PM

Tuesday, January 21, 2014 9:45:44 PM

Post# of 66414
They wouldn't have gotten chapter 11 reorg plan approved. They didn't even have enough to cover daily operating expenses minus the debt payments. Chapter 7 liquidation was the only option but Scheer decided to not close shops and milk new unwary shareholders instead :)
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