RE:RE:RE:RE:RE:Does this mean we get wiped out????
Bucala wrote: Yes, captain obvious, you have a grip on everything we already know... I doubt you have anything invested here as you hang on to your GBL board and peek over here from time to time...
As part of the proposal, MBC consolidates 2.5:1 with GBL but don't know what it will trade at when the smoke clears. And now Stonegate is involved as well. Does anyone know the final outcome? I doubt it unless you're a deal maker. Perhaps part of the deal is a claim to all three stocks. It is very strange how all this is going down. And perhaps they could all be sold as a package deal?
Zaff is out money until something falls into place. You can bet there is more to the plan when all is said and done
Bucala with all due respect you need to take a step back and realize it's over.
3.3% of nothing = nothing.
Look at Q2 shareholder equity is one quarter away from being a negative value.
They literally spent 1.5 years to negotiate bankruptcy and continue to collect paycheques. Are we to be believe that the best bid was only 3.3% of the value remaining? Worst management on the planet bar none.
Sadly so many here believed Old_Dog knew what he was talking about...wrong on all fronts..