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yesmistermorningstar

10/05/12 7:29 PM

#11641 RE: xangon #11640

For two years Swarts, Mohawk, Aldo, Ray and others are filing documents in this court case to say the 1.4 GHz asset is undervalued. The RKF report as the FCC chairman as the recent sales of comparable spectrum prove the debtors wrong. The valuation by the debtors is even lower than what they bought it for many years ago when spectrum was still cheap. TSC should not be allowed by the judge to restructure with this undervaluated asset intact while kicking out the common shareholders. Everybody knows the 1.4 band is worth more then 177 million.