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Message: Re: Am I reading this right?
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Am I reading this right?

Tacomarome
Nov 20, 2008 02:05PM
Re: Am I reading this right?

stevenp
Nov 20, 2008 03:42PM
Re: Am I reading this right?

nssherlock
Nov 21, 2008 07:34AM

If only 200 mil are authorized, how can they issue more? That's a new one on me.

Look, we all know this is absurd... just absolutely untenable.

Somebody must have made a mistake in posting that on the company Web site.

Why would the note holders agree to let the number of authorized shares increase? Simply to take control of the company from Briscoe?

But is this plausible? I mean, why not just force LBSU to default and take the collateral (the claims) and be done with the whole group?

Re: Am I reading this right?

nssherlock
Nov 21, 2008 10:35AM
Re: Am I reading this right?

Darshan
Nov 21, 2008 01:14PM
Great upstarts take a beating. With luck perhaps we'll end up in the bargain bin

Darshan
Nov 23, 2008 09:23AM
Re: Great upstarts take a beating. With luck perhaps we'll end up in the bargain bin

dragonball
Nov 23, 2008 06:21PM
neighbors and greener grass...............

Darshan
Dec 04, 2008 04:37AM
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