"any 'cash' that may come from the LTI Trust -- along the 75/25% split defined between former preferreds and former commons"...
I find it amusing how much time, thought and effort went into getting this particular split amount determined. I'm no math expert, but after several hours with a scientific calculator I've come up with the following:
75% x $0.00 = $0.00
25% x $0.00 = $0.00
Now correct me if I'm wrong, but something fishy is going on here. I've put different numbers into the two equations and somehow come up with the same results for each. It appears that 75% and 25% have the same value!
WARNING!!! WARNING!!!
WE MAY HAVE CROSSED OVER INTO AN ALTERNATE UNIVERSE WHERE TIME, PHYSICS AND MATH ARE NOT WHAT WE THOUGHT THEY WERE!! TAKE PRECAUTIONS, BE AWARE, YOU'VE BEEN WARNED!!!!!!!!!!!!!!