Replies to post #247 on Electroglas, Inc. (fka EGLSQ)

[hot-penguin]

Then why did you say just yesterday that there was at least 17 cents of equity per share?

[Oxonius]

I don't think equity holders have any say in the matter, but here are the key dates from the Court documents:

The Bankruptcy Court has fixed May 26, 2010 at 1:30 p.m. (prevailing Eastern time)
(the “Confirmation Hearing Date”), or as soon thereafter as counsel may be heard, as the date
and time for the hearing to consider confirmation of the Plan (the “Confirmation Hearing”). The
Confirmation Hearing will be before the Honorable Peter J. Walsh, United States Bankruptcy
Judge, in the United States Bankruptcy Court for the District of Delaware, 824 Market Street,
Sixth Floor, Wilmington, Delaware 19801. The Confirmation Hearing may be continued from
time to time by announcing such continuance in open court or in the agenda for such hearing,
and the Plan may be further modified, if necessary, pursuant to 11 U.S.C. § 1127 prior to, during,
or as a result of the Confirmation Hearing, without further notice to parties-in-interest.

http://omnimgt.com/CMSVol/CMSDocs/pub_861/163711_Electroglas,%20Inc.%20DKT%20525%20Notice%20of%20Confirmation%20Hearing.pdf