Replies to post #66265 on Copper King Mining Corporation fka CPRKQ

[billyboy11]

The case will made that current management will never be able to make cprk profitable and that assets should be liquidated quickly to mitigate damages to secured lenders. They will point to past failures, deceit, lack of experience, fraudulent appraisals, misuse of funds and so on... They will suggest that allowing reorganization under current management would further harm their positions and draw out the inevitable. If the judge does not grant their request they will make a second motion to bring in their own management team and oust Waltey and the rest of the bums.