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broken_clock

07/04/19 9:23 PM

#78421 RE: trader59 #78419

I appreciate your response. So let's "pretend" for a second: When the share purchase is announced will you be asking that PWC gets sued because as you put it:

"And now the conspiracy theory saying that PWC has played the company, played 2 federal courts/judges, and played all the creditors with millions at stake, and all because there seems to be some denial in play that a company that goes out of business, gets liquidated, and has unpaid debt once all the proceeds are distributed, that somehow it should have survived. And on top of that, add in a refusal to read what the judge wrote in the order and take what it says clearly and directly."

Just curious where you would stand on that issue "should" it happen.
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CSCS

07/04/19 9:40 PM

#78425 RE: trader59 #78419

Sorry, but there are so many elements that are patently false.
That is the REQUEST FOR BINDING OFFERS in the Second SISP.
You can either bid for THE ASSETS (Lot 1,2,3)
But if you do this you will be a non-qualified bidder.
In order to be a Qualified Bidder, you must meet certain conditions.
With respect to THE ASSETS (VISOLIS TRANSACTION) is D)
BUT when it comes to "With respect to the Recapitalisation" or condition E),

THIS CONDITION IS MANDATORY AND NOT "IF APPLICABLE"


LCY AND VISOLIS WERE QUALIFIED BIDDERS!
BUSINESS AS A WHOLE