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tchalla

08/25/10 1:26 PM

#10789 RE: HDOGTX #10707

did you ask him why they haven't paid the unsecured creditors? why didn't you ask him that? you do realize that unsecured creditors AND preferred holders come before commons, right? lol i suspect he would be excited about coming out of bk, but that does not have to mean squat for the common shareholder. he is the CEO. he keeps his job and gets shares regardless of how this flushes out. you keep trying to equate them emerging from bk as automatically good for commons, yet you cannot or should i say will not address the issue of the unsecured creditors and preferred note holders. what equity is left for commons if these guys are not getting paid at 100%?