RE:Here is why.Meetoo - its a nice idea and I respect you for putting forward an obviously considered opinion. This is why you are wrong on several counts..... 1 - ad hoc debt committees for both secured and unsecured have been in discussion with the company for several months prior to the CBCA announcement 2 - do you honestly think the unsecured debt holders are going to take so much of a haircut that a 10 bagger for recent share buyers will occur? Really? There is no motivation whatsoever to throw a lifeline to existing shareholders. In your scenario unsecured would fare better with a court appointed monitor. They are higher up the capital structure and this company will be in default on the 20th of November. 3 - by your own estimation the EV of the company is 2 billion - that is the amount of unsecured debt they are trying to renegotiate.............. In summary - this stock is a zero................