Replies to post #38716 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[JP-Stockton]

Just says Much higher much better..Those Trust are golden

[TenKay]

Unless the competing bid is 3-4 times the current bid (and there is no chance it is) then equity won’t see anything. This is only the FIRST Tier minority lenders trying to get more of a very small pie, likely by bringing additional financing to the table.

It doesn’t change anything for equity.

But hope does spring eternal in the OTC.