wayne I think / I hope you are right. I have commons and yes CTs will probably do better than equity. The restricted cash is 21 bill claims. If this money is the newco and creditors will use the nols... creditors 10.5 bill equity (50.1%) 10.5 bill
equity includes: ecaps appr. 1.7 bill CTs 2.8 bill OBS preferred 5.8 bill the rest is for OBS common stock 0.3 bill
CTs 25 USD commons 0.4 USD
but maybe newco will be smaller or bigger. nols are 50-200 bill. nols market value is lets say 10%. nols market value is 5-20 bill.