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StockItOut

09/05/16 11:06 AM

#1126 RE: Imagineer66 #1125

Well, the 100% means all the unseured bond holders (100% of them), and the 90% means that all the unsecured bond holders will receive, will be converted to, 90% of Titan Energy's common equity. The Second Lien Holders get the other 10% of Titan Energy's common equity interests.
Read the Aug. 26th, Form 8-K.

You are correct, that delineation as to which bond holder, pre or post receivership flat-trading bond purchaser, will receive the unpaid accrued interest. I'm not sure there.