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1manband

12/09/16 12:34 PM

#956 RE: stallion #954

There is ZERO chance of that happening. It is utterly ridiculous.

First of all, common shareholders only get what is left after debtors and creditors get 100% of what they are owed. In SFX's case, they didn't even come close to satisfying that requirement. Even if the judge somehow reversed his decision, there is simply nothing there. And if they do find some assets that were missed, it will go to the creditors, not the old common shareholders. That is the LAW.

And second, the reorganization is done. It cannot, and will not, be reopened. It is a finished.

Fantasies are not fact.