Thank you sporty for that summary of key points! Love it when you state : NO DILUTION FOR THE NEXT 47 DAYS! And also when you state: should there be any dilution afterwards, it is purely negligible. On to big silver!
Great outline Sportynorty, thanks for posting this. The current churning of the pps at a consistent level leads me to think that the market is liking what they see so far and waiting for updates from BRTXQ to take the pps to new levels.
BRTXQ:Fully-agreed.Tried many-times to-show-difference between 4.3c (i) and (ii).
Desmarais and Coventry were the only ones to vote NO and declined to participate in the new equity for new debt scenario, which was their choice between 4.3c (i) and (ii)
Majority was needed on that 4.3 (ii) as it was one of Auctus conditions precedent to the effective date of the plan.
Glad to see that the misunderstanding about those 33% has been cleared also.
I gave up posting DD here, cuz not many seems to know the exact steps of a BK Play.... Too much confusion came from people with agendas on both sides: + & -