Thats what I have been saying all day long. Rosen throws out 160million figure that blackstone has been touting from day one as the reorganized co value.
Remaining debtore and non debtor SUBS 4billion cash deposit Tax returns Huge NOLS remaining shares we hold in blue chips among other assets is what I think the EC and Sussman settled for.
Think about it. FDIC said in court they are not here for the money. ok.... I am guessing here that they will release there share of our tax refunds for a release and JPM will as well. Plus if we get about half of what I listed along with a bank/banker willing to merge/buyout our assets/nols ....( and I have a feeling people have already expressed interest to the EC and Sussman)
I aint fooled and I dont think most longs are. Today was the most amazing day yet in this case. Hearing from Rosens own mouth that classes 18-20 will be given stakes in the new Co. tells me everything I need to know.
Willingham and the EC having control of the trust and BOD decisions is just the cherry on the top.
I cant wait to see what kind of business we can grow over time or what our assets get bought out for.
I can tell you that I was not fooled for one sec. I even predicted before the articles came out today that they would tout the 160million value and leave out what the real value is. Fine with me. I aint greedy, but I really think those who have suffered with us for 3 years deserve the big payout thats coming and those who bother to take the time to understand things as well.
It takes a lot of time to read all the court docs and stay strong for so long. No matter what the uninformed penny pumpers and bashers say TODAY WAS A HUGE EPIC WIN!.
All in my opinion of course.
Time to pop the corks boys and girls its only a matter of time now.
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