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FIERCE

08/08/17 8:07 PM

#1532 RE: MPLuvJoes #1530

It's too far in the future. They need to put together the plan of reorganization and get it approved by the courts!

$IRGTQ is still intact now and will be for quite a while!

Emergence with Commons intact is dependent on the negotiating of Tilman Fertitta now. :-)
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Monte_Cristo

08/08/17 8:58 PM

#1544 RE: MPLuvJoes #1530

Depends how profitable the restructuring is (and whether court approves the plan). If things continue to go badly (unlikely, IMO, given Mr. Billionaire's recent involvement), then we may lose it all when things have to be liquidated to pay off creditors. Other alternative is conversion into new shares. That's quite complex and can go either way. Again, the biggest factor here is Tilman's involvement. Great discount opportunity here if you got the ballocks to handle it.