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GreenTea

12/05/09 10:14 AM

#10113 RE: Bsetzer #10112

The company hasn't mentioned issuing further shares (common or preferred), but it would make sense if they did to fund the pension shortfall. Just an educated guess by some on this board. When? Couldn't say, but management/union/gov't are considering the issue presently. We'll all have to wait and see. :)

GLTA!
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utmostbastard

12/05/09 10:20 AM

#10114 RE: Bsetzer #10112

They would be added after emergence from Chapter 11.

Share structures can't really be tampered with while wearing the Scarlett Q.

I have expected we will either be diluted or receive warrants upon emergence.

Either or from these levels seems like a big win if one can detach themselves monetarily from the day to day PPS fluctuation beatings this takes.



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nostocks

12/05/09 10:21 AM

#10115 RE: Bsetzer #10112

They cann't dilute until after they exit BK. There's several post about this if you have the time to search the board. With all Abis equity and less then 60mm shares I'll be happy to accept some diltion and keep my shares.