Replies to post #4046 on Capital Growth Systems, Inc.(fka CGSYQ)

[kennypooh]

do you ackowledge the fact that pivotal at least has an interest in the common shares staying intact?

I honestly doubt it! Pivotal won't own any common shares and the debentures and warrants are exchangeable for shares of a worthless BK shell...so what do they gain by keeping it intact?

Anything of value placed into the bk shell would require dilution. Any new business would be saddled with the remaining debenture debt. It would likely have to be cleaned up to make it attractive for any R/M IMO. Commons usually get the low end of the tote.