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10/24/16 4:04 PM

#2033 RE: Uranium #2032

So in your opinion you think this is over here? Is that what you are saying?

floatingt

10/24/16 4:12 PM

#2034 RE: Uranium #2032

I'm not sure how cramdown comes in to play when assets are comfortably larger than liabilities.

Ed Dantes

10/24/16 4:32 PM

#2041 RE: Uranium #2032

That is beyond disingenuous and you don't understand and are misrepresenting Cram Down...That is something the Judge can do IF he backs the debtors plan and others won't agree. It is CLEAR from this case that the Judge doesn't believe that they have been honest about anything. nor have they even been willing to submit an actual plan. Again folks, 2 important clues to follow this far:

1) The letter from the SEC
2) The subsequent ruling from the bench immediately approving the formation of an EC after hearing the expert from the EC's valuation.

Those things alone give you a good indicator of what the judge thinks and it's laughable if you think he is going to "cram down" any garbage plan laid forth by the crooks at Brietburn and their creditors.

So people can make their bets accordingly, I know where mine is and taking the stock down by manipulating it or having tons of people from the shops that are in line with the debtors and creditors come on and try to flood message boards and scare people isn't something you should fall for. Again do your own DD. There is a TWO BILLION DOLLAR difference in valuation from what the debtors are trying to hide vs. an independent expert who has over 30 years says. We aren't talking about 200,000. We are talking TWO BILLION.