Replies to post #2746 on Aegean Marine Petroleum Network Inc (fka ANWWQ)

[jet101]

Shares as you know them now is set to be wiped out, but you will receive 1 LTU Class B share for each common you now own. At least that's how it stands right now. Someone can correct me if I'm wrong.

[makinezmoney]

$ANWWQ: Depends on what Mercuria decides on.


Mercuria about to own 100% of the NEW Company.

If they want to continue to be listed and stay public, they offer a stake to existing shareholders.

Otherwise, Existing shareholders get compensated.

Mercuria owns 30% of commons so it impacts them as well.


Main thing is that everyone gets made whole with the Litigation Claim
process via the slush fund.


Its Mercuria's prerogative on what they want to do in the future.

In the meantime, their Plan of REORG has been accepted and
Litigation filings are coming thru.

This window of opportunity won't be available for ever so
time is of the essence. Given Mercurias track record in previous
M&A's, I would think that they will want a clean break and a
fresh new start so they will make sure that everyone is properly
taken care of.


Getting ready for some Major Announcements very very soon.


GO $ANWWQ