InvestorsHub Logo

cdhames

06/16/16 3:31 PM

#4380 RE: NicPlatoNic #4372

That's how I've interpreted the fallout also. I really think Sycamore was out to aggressively acquire ARO through a manufactured liquidation, which ARO was able to head off with the DIP. I'd like to think Sycamore could get over it and conduct business rationally now but that's just not human nature. They'll go for the gut if they still can, which, like I said may be good for us. Insiders still hold shares, the extremely swift timing of the restructure deadline, and the fact that the O/S is healthy as is, all bode well for us. We'll see. I think ARO will want to come out of this BK swinging and they'll want good publicity as someone else said, so we have a small chance of this working out favorably.

If they publish the Q, then we may get an advance heads-up prior to the mid-july deadline for the restructuring plan.