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Re: 12yearplan post# 63019

Sunday, 03/16/2014 3:51:45 PM

Sunday, March 16, 2014 3:51:45 PM

Post# of 66390
Why is Horizon hell bent on making sure the bankruptcy judge chooses chapter 7 over 11 on March 20th? In my view, Horizon and affiliates want Cereplast and all that goes with it! Why didn't Horizon take the 2.8 mil that was offered to pay off the loan? Because Horizon knows Cereplast's current worth and future potential! Cereplast defaulted on the loan and the terms of the loan state all Cereplast assets are Horizon's! Horizon is going after Cereplast to "cash in!"

Based on my interpretation of the current state of affairs, if Horizon wants Cereplast that bad, then investors should too! If Cereplast avoids chapter 7 on the 20th, which I believe they will, then there will be a major run!
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