Replies to post #1027 on Aegean Marine Petroleum Network Inc (fka ANWWQ)

[SC777]

The trust isn't just the $40M, it's whatever proceeds are received from the various litigations.

There was already a $300M litigation filed, proceeds of which would go in the trust.

[Papalaka]

You tried, if people refuse to call the # and talk to the company, then that’s on them. I did, and the common shares ARE NOT INTACT

[prospector777x3]

This Post I'm responding to is the Truth concering your investment:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146879268

[Sage7243]

So, if Mercuria owns 30% of the Commons, why would they screw themselves? That sounds like a terrible deal. Seems to me like they'll cover the initial investment and then some.

[musicbynature]

Sounds like this is a payout for the folks who may have lost money before bankruptcy was filed. Much like a settlement? That shouldn’t affect the folks buying stock now (they wouldn’t received any of the money) but stock should be valued and traded as any other stock as usual.

New shareholders wouldn’t received any of the funds, but commons will not be canceled so, sounds like just another day at the office.

Assuming folks hold of course.

[Homebrew]

Thanks for the info ! Good Stuff

[SC777]

I suggest you read the Plan of Reorganization - which clearly states that on the effective date all holders of Aegean common 53m shares will get their pro rata distribution of Class B Litigation Trust Units - it will likely be. 1 for 1 like exchange in your brokerage account for a litigation trust ticker based on the fact that they are referring to them as “Units”.

https://document.epiq11.com/document/getdocumentbycode/?docId=3439319&projectCode=AES&source=DM