Re: sge, points agreed, except i would have thought the junior debt holder

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Re: sge, points agreed, except i would have thought the junior debt holder

posted on Mar 01, 2007 06:46AM

A judgement does them no good if the entity decides to go CH11; and CH 11 really does no good for the junior. The normal negotiations that go along with a CH11 are highly expensive and time-cosnuming. Examining their options, the junior decided to take this deal as its best hope of greatest recovery ----- happens all the time when all the cards are laid on the table and reality sets in. mo

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