Replies to post #2044 on Fibertower Corp fka FBBT

[wellitmaybeton]

I would suggest all those parties effected to take 20 minutes and watch this video in its entirety. Notice something about the players/lawyeers involved here? (they are nearly identical shuffled) Your thoughts are being monitored on this board. Luckily someone was gracious enough to spell it out in video format. They're leaving quite the trail.

[condoe3]

Let's face it, the statement that the bankruptcy process was an opportunity for shareholders to express their concerns ........ is laughable based the history of the parties involved in this bankruptcy filing.

from forbes article 10/14/2016


The practical reality, however, is that unlike the large and sophisticated lenders that are often repeat players in large bankruptcies, shareholders rarely have the financial resources necessary to support giving them a recognizable voice and a fighting chance to influence the negotiations that will ultimately determine whether equity is wiped out entirely or receives a recovery through the bankruptcy.