Yes , you are right. Obviously they did that because they knew very well that all hidden assets would have to go down to the Equity, first the Ps & Ks and then to Commons, according to APR, after all Sr. Debt-holders were paid. This they did as they did not anticipate that they would be caught for 'Insider-trading' by Nate. Once they got caught, they had to 'dis-gorge' some of their Ps & Ks (and that's when I bought them luckily...because during their 'disgorgement', Ps value fell all the way down to $9.00 level! I could not anticipate that low figure but I did load up in the $15s range, and Ks..,in the $.70 range)...But still because EC did not really take their Insider-trading prosecution to the logical End, they got off lightly, still holding the majority of Escrows of ALL flavors. I was blind to their "Insider DEalings" but obviously once they made their "Side Deal" with MW to let them 'off-the-hook', and since they knew he held a TON of Commons, they 'gorged' on the Commons, with their ill-gotten wealth of 'dis-gorging' a sliver of their Ps & Ks for quite high prices compared to when they originally acquired their Ps & Ks! And they 'deliberately' set Panic in the minds of Retail Commons Escrow-holders by sending their Henchman (Everyone knows which cat I am talking about) to this very Message Board to spread rumors that the Commons are done for!
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