Replies to post #5148 on Corus Bankshares Inc. (fka CORSQ)

[hang ten]

just a little bit more insight into that last paragraph, we've already established that we need a large shareholder/s ie Mr Big on our side, so this is interesting:

(2) the shareholders and creditors of the old corporation own at least 50% of the total voting power and value of the stock of the corporation after the ownership change as a result of being shareholders and creditors before the change."

so in a bk, even after 'old and cold' creditors have been awarded equity, the shareholders and creditors of the old Corus Bankshares must own 50% votes and value of the stock after the ownership change. So Mr Big would have needed to be in CORS before bk, imo.

[rmanton]

"HT" thanks ... did reread that research but guess I just needed someone to make in BOLDtype the part that defines the concern.

I believe you have your eye on a small private island and a sailing ship to get you there.

Others speak of fancy cars and expensive vacations.

How I hope all those dreams come true. Certainly it appears the duck are lining up in our favor.

Take care,

Ralph