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JERSEYHAWG

08/29/17 4:22 AM

#74330 RE: JOVI #74329

Your very observant. Thank you for that.

Maybe ?
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JOVI

08/29/17 5:30 AM

#74331 RE: JOVI #74329

they always were Reorganized Debtors,
but why name change?

"Once a plan has been approved and confirmed, the debtor officially becomes a reorganized debtor."
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wayne49

08/29/17 12:15 PM

#74336 RE: JOVI #74329

I was on the understanding that the amount that was reallocated does not count in the RV if we are reclassed into Equity. In a conversion its all about RV so, it also dont matter if 30-40% is reallocated. Even at Redemption which is unlikely, it will not matter. The reallocation only matters in distribution. That is my understanding. Please comment.

Thanks,
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wayne49

08/29/17 12:17 PM

#74337 RE: JOVI #74329

I am not going to think too much of it but, if it is nothing, why change it? who knows. It could be nothing.