Replies to post #1289 on Paragon Offshore plc (fka PGNPQ)

[JH Mcdough]

This won't stick... There will be law suits up the wazoo just watch . Existing shareholders will get something :)).

[Pisd]

"...Existing shareholders are not expected to receive a recovery under the New Plan...

Mr. Taylor commented, 'We are disappointed that we were unable to develop a plan of reorganization that preserves value for existing equity holders, especially after previous plans did so. Unfortunately, during the course of our most recent negotiations, it became clear that there was no viable way forward that included a recovery component for our current shareholders.'”

Well done SPARK, congrats, and thanks for your contributions here. See you on the next one maybe.

Was a good trader while it lasted