money, you guys lost me on this one?? why would the bondholders take anything less than 100% of what they are owed? the arbitration case and a little bit of equipment are pretty much the only assets that kry has at this point.

if kry does'nt secure financing (i think they will) could'nt the bondholders just push kry into Bk and get handed the arb case??? i dont really see where the bondholders are at risk for anything unless kry somehow did violate the MOC and we're not aware of it...i'm sure the bondholders/BK judge could sell the arb case for $100mil+ pretty quickly...

right now the market is putting a price tag of about $160mil on the arbitration case imo...