All of the Spongees are deathly afraid of Hays because of his unquestioned competence and expertise. In the end, it will be Chap 7.
because they see whats coming now .. the company is worthless and they all refuse to discus and even whisper what chapter 11 will deliver .. total wipe out of the common share holders .. no way will the courts every approve of any plans with the company holding 3 billion outstanding shares .. no trustee would ever consider such an plan either .. no matter who it was
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