The share price may mean nothing or be a heads up to a settlement with the bondholders.

If we have to give up a lot them we will get hammered.

JJ- I know this is going back about a week but don't you think that the PPS is already baked in to reflect the fact that we are in arbitration, we are borrowing to finance (the DIP) and we are in BK court limbo?

What I mean: Let's say a reasonable compromise is achieved which includes more for the bondholders and all the other small creditors sign off on the plan. This allows us to exit the BK process we are currently in, therefore diminishing the BK risk factor by a large amount. So IMO, the PPS would be offset, by agreeing to pay more but diminishing risk at the same time.

Of course I'm a shareholder! IMO the Bondholders are entitled to only what they were promised in the original agreement or bankrupcy statutes concerning interest.

GLTA