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Real McCoy

01/23/20 12:36 PM

#98749 RE: kevroc #98748

This is not correct because the company was still publicly traded after the bankruptcy was filed. The monitor and courts have an absolute duty to disclose all material information up until the deletion.

trader59

01/23/20 12:37 PM

#98750 RE: kevroc #98748

LOL!!

Nope. Everything material is disclosed in the bankruptcy proceedings, nothing was "shrouded" whatsoever, save the customary non-disclosures that are common in any bidding process until a bid is accepted and the transaction closed. Then, just like here, everything is disclosed.

The Crane lawsuit and all the claims of secret "shrouded" stuff happening during the proceedings have happened simply because some shareholders don't like the facts and truth that are disclosed in those documents, and others, the Twitter DD Fabrication Team in particular, saw an opportunity to flip the stock.

Everything that happened to this company has been disclosed. It was liquidated, everything of value was sold, went out of business, and the proceeds from all sources barely made a dent in its debt. It is not a buyout candidate, and the one attempt to sell it failed when there were no bids during the SISP.