The last hurrah Today, the company announced some "material news" meaning that the common shareholders will be taken like cattle to the slaughterhouse, Chapter 11, that is, and the old shares will all be cancelled; the new shares will be issued to the creditors and the common shareholders will get nothing. At the same time Marret will write down a large part of the debt $55million, and the rest, I guess, will take over as equity. There will be a new control of the CMK ,they don't say by whom but I assume the current shareholders will have no part in it. Anyhow, the "recapitalization" will be going through the courts and the question I have is: in allocating the portion of the value of the assets to the creditors, the court, I would assume, would liquidate the assets, in fact the whole company. Will they? That is the question. If the creditors are to get their pound of flesh they must liquidate the company, unless they want to avoid that in which case they must come to some agreement with the common shareholders. Don't know; I am just speculating. There is no details in the news release addressing this issue. But what seems to me as certain is the fat lady has sang and time for the last hurrah!