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stockbum9

02/03/15 12:46 PM

#53153 RE: memesphere #53148

The CTs prospectus states that equity-based stock (OBS) will not receive any payment unless the CTs are satisfied, including back interest. I also own preferred shares that are in the OBS, so I'm rooting for the OBS to make out huge also!

There are a LOT of equity holders that are ex-Lehman employees/directors who own RSU (restricted stock units, also in the OBS). If they get anything, which I am also rooting for, then the CTs would have been made whole by that point, or at least been made an offer for redemption IMO...

Good luck to you/us!

onco

02/03/15 2:18 PM

#53155 RE: memesphere #53148

the lack of enforcement is the problem the guarantee is valid