RE: RE: This Mite Be The Right Guy!Nice work celerbom!
To me, the main issue of this situation is that OPTI went under creditor protection in order to complete the debt equity swap. But financially, OPTI did not actually have to go under creditor protection, if the transaction did not take place. But since we are now under creditor protection, we got screwed over unfairly and get no say in the buyout.
IF the debt equity swap was nulified, then so should have the creditor protection..........THAT is the major underhanded sitck up the a$$! I have never heard of or seen this before and I think this is the major issue that needs to get looked at.
Not to mention, part of the swap documentation stated that no other deal could take place if any stakeholders were to get less of a deal. Well we just did, so now they have contraviened thier initial transaction ammends.
Giver.