Replies to post #3587 on BB Liquidating Inc. (BLIAQ)

[realfast95]

This will be over before mid August one way or another.
Even though the debt holders gave them until 8/15 the payment is due 7/31 (7/30).

The choices are:
(I)
Chapter 11 with a loan from somebody to reorganize. 2014 Debt holders get the business and common plus 2012 debt holders wiped out.

(II)
Someone (probably 2012 debt holders) gives them equity money. Then the Equity givers and bondholders get the vast majority of the company. Common A and B still have some equity but not much.
The new majority votes for a Reverse and re-lists on the NYSE.

[Arnold25764]

Yup, maybe a good buying opportunity?