False hope is one thing but so is false Despair. To say they have 6.2 billion in equity, isnt false hope because they state that on a signed financial statement by the new management. And they did file an 8k saying as of that date it was filed no fraud found, not to mention the investigation by the audit committee earlier this year. People invest the way they invest. We all have our own comfort levels as investors. As a libertarian I see right through all this FBI, SEC and Federal Bankruptcy court crap. Its just government pay to play taxation. It wont really mean anything. Whats gonna determine the outcome is the business. Not the bond price, not the OEC, not how good of an accountant you are and not some miracle. Just good old fashioned Supply and Demand, and Assets vs Liabilites. And as of may 31, they have 17 billion in assets and 11 billion in liabilities. But if you wanna listen to some consultant or a judge, go right ahead. Im going by what the company says and that doesnt mean their lawyers either.
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