REMEMBER FOLKS, THERE IS STILL UNPAID DEBT OF ABOUT 130B. SOME OF IT MAYBE DECLARED AS A LOSS, SOME OF IT MAYBE CONVERTED INTO EQUITIES AND SOME OF IT MAY STAY AS A DEBT IN A GOING CONCERN.
THE DECLARED LOSS IS ALSO A NOL IN ADDITION TO THE EXISTING 50B.
A DEBT WILL STAY AS A DEBT SO THE CTS WILL STAY AS A DEBT AGAINST THE TRUST. CTS ARE SAFE IN A GOING CONCERN.
All PREFERRED EQUITIES ARE SAFE AS LONG AS THE NOL IS PRESERVED.
COMMON WILL BE DILUTED SO HEAVY TO ALMOST NO VALUE.