I-man, like I keep telling you guys, and you keep refusing to hear me. Get the US trustee to approve an Equity Committee or Class 12's (common shares) are toast in the bankruptcy.
ESPECIALLY,,,,ESPECIALLY with this judge. Same judge that screwed McDermott shareholders on March 12. MDRIQ was only in a pre-packaged chapter 11 for 2 months. One confirmation hearing, ALL shareholder objections overruled, PLAN rubberstamped and APPROVED by,,,,Judge David R. Jones.
I was hoping you wouldnt get this guy, but you did. Bad news for shareholders. He is bigtime shareholder unfriendly, and all FOR letting BODS/CEOS get away with big bonuses and other fraudulent behavior. You think Soltau and her cronies are bad (they are), MDRIQ CEO david small dickson and his lackies got $105 million in bonuses, plus 'new shares' of the reorganized McDermott.
Soltau is trying to follow the same model. Notice the company koolaid talking point for a QUICK EXIT from the bankruptcy? They want all their crimes rubberstamped and blessed by the BK court, so the status-quo can continue. YOU GUYS NEED the case to take as looooooooong as it can. DRAG IT OUT as best you can! Only way class 12 ever sees a recovery.
And for you dreamers that will say Im 'LYING' and this is 'FAKE NEWS' like Lion,,,,,I guess you didnt read the reorganization plan details pertaining to you, CLASS 12. In FACT JCPNQ wont even guarantee a recovery for UNSECURED CREDITORS, classes 5, 6, and 7. So you better start filing objections and raising so hell in the BK court. Screaming and parroting koolaid and pumper BS on this board wont help you in the end.
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