RE:RE:RE:RE:83.5% of shares are held by former note and debenture holdermiketrike wrote: Also remember the board is controlled by the 83.5% as part of the recapitalization
"As part of the Recapitalization Transaction, and in accordance with the Plan of Arrangement, certain of Bellatrix’s directors resigned effective upon implementation of the Plan of Arrangement and four new directors have been appointed to the board of directors of Bellatrix pursuant to the Plan of Arrangement, resulting in a board of directors comprised of 7 individuals."
I don't think the board is going to approve anything that screws over the 83.5% that got them appointed!
why are you posting the same thing over and over again?
I agree with you that there is a lot of Schadenfreude on these boards (not only on BXE, but almost every other as well). Theres always people who love to say "I told you so".
That being said, whatever happens now with bxe is basically irrelevent, as in out of the hands of the people that write/read these boards...if you owned the stock you are stuck, in regard of whatever the future holds...if you don't own the stock, you are not going to be able to easy acquire any anyways.
If you did own the stock, sorry for your loss, I hope things play out like the way you been speculating in your last posts. That being said, this is all irrelevant speculation.