Replies to post #1223 on Cal Dive International Inc (CDVIQ)

[FIERCE]

I totally agree... Every day it seems is a new filing

These lawyers mean business

[I-Glow]

When the POR is filed it unlikely that the Equity Interest (common and Preferred Shares) will survive.

Generally the company that provides the exit funding will be issued 100% of the stock in the new company.

The exit funding will become the senior note.

IG

[dinogreeves]

I love the how you metaphorically stated:

"Checking filings each day ... definitely a hold that will turn gold."

This was a P&D since SARA did what it did and you need to understand that, unless you are pumping it yourself.