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NASCOW

12/21/11 9:04 PM

#353176 RE: byrddog #353175

take a look over his posts on DIMEQ, they're there...interesting reading concerning death traps and NOLS
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wall_street61

12/21/11 9:17 PM

#353184 RE: byrddog #353175

Well, why don't you enlighten us about the two "death traps" so we can make sure to forward to the appropriate people? After all, if it's something the EC attorneys overlooked, wouldn't you feel better if it was addressed prior to thousands of people being screwed over? After all, you have been on an equity committee so it seems you can relate to the situation at hand. I'm sure you sparked the curiosity of some.

Byrd



Now be honest, would you believe it? Or you would suggest that I am 'spewing garbage'?

Forward to the appropriate people? Ha! They are the ones that agreed to it. This is a product of mediation. A mediation that produced a settlement, which on its face, looks good to equity.

Given dimeq's placement pari passu with wamuq, according to the plan, you're better off with a hole in your head than holding this without dimeq's resolution. Even if you got the full 30% and dime got squat, which is iffy, the newco's value would have to trade (if it even trades) at double the estimated plan value to break even holding commons at 7 cents.