nurse/others, there are overfunded claims, claims listed as assets and other listed in the final POR 7. If a claim is zero, then why would it be listed as an asset? There are tranches 5/6 to work through where there are issues. A claim could be one dollar or 25 billion dollars.
There is a 363 sale that is listed as a sale that has to be prosecuted in total and this alone is around 20.5 billion and possibly 6.23 percent interest over four years would amount to between 4 and 5 billion. There was a term sheet that was signed on March 11th, 2010 that may involed the 363 issues as after all it is listed as a sale.
Keep in mind there, is so much under seal along with two months worth of closed door mediation that none of us know what REALLY happened. The former Piers holders were on the hook for "colorable" insider trading (almost guilty) by the court and all of this has been expunged. Do you think Susman/Willingam would have agreed to this and not contested this for a handful of billion in tax attributes worth fifty cent a share in a shell company with hardly any success of using? Anybody on this board that says they know what is under seal and what happened in two months of closed door mediation CAN NOT BE TRUSTED!
Also, Piers are NOW CAPPED and NOT guaranteed at $10.51 cents a share with no overflow. Equity will now receive what the Piers were planning on receiving with ALL OF the OVERFLOW (this is HUGE-hence term sheet-other?) and this does require some common sense in order to understand.
After covering these crimes up for six years, does one really think they are going to put in HEADLINES that equity is going to receive BILLIONS on such and such a date? Let us look at the facts of this case and there has been virtually nothing that appeared to be reality that happened that way in reality so far.
So let me ask you again, what does the reality look like or appearance? Yes, I know a big goose egg! So now with the use of common sense, do your REALLY think this will end that way? I for one will say the ending will surprise 98 percent involved with this and for those who are not loaded with escrow shares and Piers instead...well they will fare the worst and they already have!!!
