I would say it is more than fair value but when we have a gun to our head with BK luming we don't have much choice. The way I figure it those of us who have been shareholders for a long time will get the biggest screwing.
At the current share price the new debt holders will get about the same value as people buying shares at .20 when the settlement is done.
If I had any money left I would be buying the debt as well. Well done Teut.
I have a question about the settlement.
We are a lawsuit right now. I assume that if we went to the end we would get what ever amount was awarded but we would still have all the data. The new debt holders will get the bonus based on the settlement. If the Chinese or whom ever took over would we still keep all the money from selling the data?