“K&M are looking for an offer to satisfy the top 2 secured creditors requiring ~ $230M. Yes it's a rosy outlook but where's the offers? “
We have no idea whether there are offers at this point in the proceedings.
It’s all guess work. Nothing is set in concrete. What we do know is that the 2 secured creditors need $230m & in May 2017
FH generated a form letter suggesting there would nothing left for shareholders.
All over done and dusted, page-266
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