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Tool_power

07/10/10 11:37 AM

#62697 RE: jaxstraw #62689

The gloves have come off. I think the Debtors under-estimated Mr. Goffman because previous to the first POR he didn't file anything against the company, he simply urged the court to consider things.

Now he's gonna dig in and hopefully Judge Gerber sees the virtues of his arguments.

Btw, when is the next court hearing scheduled?

Thanks for all you've done Jax, you're obviously a big part of why we're still in this game. Mr. Jacks and CMM too.
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novachem

07/10/10 12:47 PM

#62712 RE: jaxstraw #62689

Interesting offer $1.01 per share?
Must read:
Page 30 - Equity Offering

http://www.kccllc.net/documents/0911233/0911233100709000000000032.pdf
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symmetric_prime

07/12/10 10:14 AM

#62791 RE: jaxstraw #62689

Does the EC's POR not ask for reinstatement of the 2023 bonds? If not, can someone explain to me why not? (I am not carping about the EC's plan; indeed I see that without the EC stockholders would certainly have fleeced by Rogerson. I just want to understand the difference between these bonds and the 2016 bonds, because from a market perspective it is even more unreasonable to let the 2023 bonds suddenly get paid off 13 years early).
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Majic

07/12/10 12:56 PM

#62828 RE: jaxstraw #62689

Sorry if this has been asked/answered, but, When is the Court expected to rule on these motions?