Thats why a FULL AND FAIR auction is called for, as I and many others have said from the beginning. Shitberg keeps pluggin for this rushed fk job to get rid of equity in favor of his puppet masters. When fair value is in question, that is the only way.
If no one comes in and wants to pay more for the portfolio of stores than $600K per...then guess what...that’s what it is. ------ How does your statement hold up if, say, there happens to be a pandemic and no one TEMPORARILY wants to pay more until the pandemic's course is clearer? that would have nothing to do with the business in question... and it certainly raises questions about the timing of all this with regard to conducting a NORMAL bankruptcy.
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