InvestorsHub Logo

Value82

05/21/17 8:44 PM

#34695 RE: taniag #34694

That's what the proposed Plan states. It's what the senior creditors want the court to believe will happen. Of course, it's nowhere near what will actually happen, in reality, post emergence. Secured creditors are too smart to mark assets to market that could otherwise remain at book value with the tax assets to leverage. Well, they will until the Plan is approved and Yieldcos vote it up. I still have money on impaired creditors, and shareholders if they can pay their way by adding more value than they cost.