InvestorsHub Logo
icon url

MrchntDeth

10/21/11 7:16 PM

#2061 RE: NASCOW #2060

Hi NASCOW,

I just wanted to check in and confirm with you:

that letter was only for entertainment (i.e., ROFLMFAO type entertainment), right?
icon url

linda1

10/21/11 7:54 PM

#2063 RE: NASCOW #2060



What has that to do with the letter I mentioned?


The Equity Interests cannot get paid until the PIERS are paid both the PRINCIPLE and CONTRACT RATE.


If the PIERS have to pay the difference in the CONTRACT RATE and FJR for SENIORS then likewise so will the EQUTY INTERESTS have to pay the difference to the PIERS between their CONTRACT RATE and FJR - which is about a $ 160 M difference.