Yes Warlander is his new hedge fund I believe that will be early next year Tepper is backing him. The night I found the filing I started digging. With him owning 11.7% common shares I feel extremely confident this is a new beginning of UPL with a clean slate
Yes I posted a lot of DD a week or more ago. He is currently working for Tepper and he has specialized in distressed and BK companies for others.., his background is very impressive.
I am thinking they might plan a take over or buy out. The conference I posted states UPL is prime for either of the 2 a buyout for 2 billion with a complete debt free money making company is cheap for someone such as Eric.
The lenders not working with UPL on the debt was a bad move on their part and will likely cost them. Even the judge was shocked at the amount of debt and hesitated but with lenders not budging he had no choice.
There is still a risk here no doubt but not nearly as much as the potential with this stock. I feel confident holding here.
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