Replies to post #703 on World Health Alternatives, Inc.(fka WHAIQ)

[MasterBlastr]

pfrenz, you are welcome, the Stalking Horse and Section 363 asset sale (which is what this sounds like) is meant to attract other bidders. If the buyer assumes/pays the DIP loan and associated costs, we may indeed see .80/share, but we really don't know enough yet. the curtain lifts, and the show begins ...

I might have to upgrade to Premium membership if I run out of posts, lol.

[EZ2PLAYTUF2WINBIG]

I strongly suspected that there wasn't going to be another extension of the forbearance agreement and that an important announcement was imminent. I alluded to this in my last post by using the phrase " Bollinger Band's trumpeters". The key word was trumpeters and it was very meticulously chosen because it means: " one who proclaims or announces something loudly" - according to The American College Dictionary. At the time of that post, however, I did not know with certainty that the essence of the Feb. 20 proclamation was going to be WHAI declares Chapter 11.
I concur that calculating the ultimate net to shareholders at this time, without more specifics, is an excercise in guesstimating. What are "certain liabilites" ?; how many shares outstanding?;etc., etc.
What a surprise: Capital Source Finance providing the DIP financing. They would make great dairy farmers: they milk the cow until they have extracted the very last drop.
Think if the U.S.S. WHAI were going to wind up here, A&M would have been a better captain. That is water under the bridge now. Don't jump overboard, but man the lifeboats!

[Hoping180]

A stalking horse bid is usually sought to create a ''bottom'', worst case bid. Whether it goes much higher is debatable.

I feel the liabilities assumed in this PR do not include the Capsource debt.

I hope there is at least $5 million left for shareholders, but it's not certain I suppose.

DAMN.