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Wednesday, February 19, 2014 1:52:17 PM
But, I've identified earlier the problem with going towards 100% liquidation and waiting to do a new issue with cash, illiquid assets, NOLs and a skeleton staff of ex-bankers with no book of business.
The investment community is going to say, "What am I investing in with these new commons?"
So, the debtors better roll out the red carpet and find a deal to keep the business and business owners around.
mojo
“The ideas of debtor and creditor as to what constitutes a good time never coincide," P.G. Wodehouse, Love Among the Chickens
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