Replies to post #104 on ATPG Senior 11.875% 2nd Lien Bonds (fka ATPG.GE)

[56Chevy]

Do you think the court just might have a problem with bondholders like Bondholder “A”? Kind of makes you think about how many Bondholder “A’s” are out there and there total ownership position in this 1.5 billion of debt. Man I can see these folks being identified in court and the judge saying to these folks, gentlemen please take a seat in the back of the bus.

This is a rediculous assertion and I say that with no disrespect intended.

I'll ask you the same question I asked a friend regarding post filing bond value(s).

If you found a $10 dollar bill on the sidewalk and hadn't done any real manual labor to earn it...would it then only be worth $1?

No. Its still retains it's legal tender value of $10.

The point is someone lost that $10 bill on that sidewalk..it was real money...and there were alot of real people who lost over a billion dollars of real money on the sidewalks of ATP Oil & Gas. It's gone. But the claim value of the bond remains at $1,000 dollars..plus interest.

The holder of note..doesn't alter the value of the note. I think they call that prejudice ...and rightfully so it swings both ways.