they are not old , was making a point that community repionse is intense and vernon may .... in the link you sent
"In one case, a battery recycler in Vernon whose lead and arsenic emissions have, according to air quality regulators, endangered the health of residents in southeast Los Angeles County, has been smelting batteries for decades with only a temporary permit."
shows that one agency does not care about other. i am aware of thee links. the meeting on 15th is to tighten screw on exide even more, it is not positive.
"The city has now decided it does have authority on which to act, citing existing city codes as the basis for its compliance order. The city claims the lead-acid battery recycler has violated city codes prohibiting the unlawful dumping of hazardous waste in the city and for failing to properly dispose of hazardous materials"
they have to find a solution to dump batteries where they want to or relocate the plant but you cannot argue with lead and arsenic exposure of residents to a dumping problem. can you? you will have to find a solution to dumping and not create a health problem or a perceived one, imo.
look, i have done more work on this stock than anyone here, just because it looks interesting. no risk no gain. but at this point i am not convinced. as i said that even if commons are not canceled, maximum value as per me is between $0.003 and $0.04 due to cost, exide’s senior secured notes and unsecured convertible senior subordinated notes ( trading at approximately 69 and 10.5 cents on the dollar) need to be paid in full and many other liabilities, ceo sold tons of his shares. so even if I were to buy at this price and it could slip easily and deep, it would be a big mistake. even if it was trading at $0.04, i am not sure i would buy it unless some more things get cleared up.
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