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PinkBu

02/02/15 2:30 PM

#1433 RE: MikeBK205 #1432

From the way CEO is talking, I think we will get a percentage of shares of Nextel when they exit bk and uplist. If that's not the case, we will hear it on an 8-k.

As far as how much, it all depends on the result of auction and price Nextel will trade on big board:

http://www.marketwatch.com/story/nii-holdings-announces-agreement-to-sell-nextel-mexico-2015-01-26

"We believe that the sale of Nextel Mexico represents an opportunity to reduce our operational risk, deliver value to our stakeholders and provide the liquidity that will position us to emerge from Chapter 11 reorganization with a healthy balance sheet and fund our business plan in Brazil. The sale also allows our Mexico team to continue to grow and thrive, capitalizing on the opportunities in the Mexican telecom market with the support of one of the largest telecom companies in the world," Shindler added.