That is my take on the meaning of "re-registration of securities". It is an interesting term and bodes well for us. If a D/E swap Tricadia would then own 25% of CBI. Would a R/M into Tricadia make sense? Time will tell. We need a company of that size to use the NOLS.
"I'm sure we would all approve dilution at this point." I would in a heartbeat. If we fell off of the news I'd also be adding all the way down. Just tell me common shares survive and I'd vote with whatever the 'group' says. :-D
Re-registration could just be for the transfer of ownership of the trups that tricadia bought. I think they're "re registered" on the books to a new owner.