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trader59

02/01/20 2:02 PM

#99162 RE: fireballka7 #99144

What does that even mean? No answer to these questions?

Why did the monitor and 2 federal judges say in their court documents that the sale of the assets was for $4.34M if that is not true?

Why is a theory fabricated from stitched together snippets of information more believable than court documents from bankruptcy proceedings?

Who established that value for a plant that was grossly unprofitable?



Here's more:

How on earth would a stock be worth $4.17 that had been delisted at 15 cents from the NYSE and TSX prior to the bankruptcy? Why would anybody pay that?

How does a plant that cost, what, $140M or so to build, and had a book value of less than that, but that never made a profit EVER, suddenly become worth $540M???

Why did a company that the Twitter DD Fabrication Team says is worth $540M and that only had $100M of debt and other liabilities go bankrupt in the first place??? Couldn't they just borrow against their net value and stay in business(or sell stock)?