i believe i understand yesterday's announcemnt, page-3

Well. The company come out with the statement saying that they have lost all the monies, especially the loan subordinate notes provide to the company.. and yet we are suppose to believe that? these are only estimate at this point in time, who know within 4 weeks these could be worth less or more, an event can happen and change their value suddently. The bank will now proceed to stealing these assets and a few years down the road, they will make a BIG profit out of it. I'd rather note holders get nothing now. Better than a few years down the road, the bank make BIG PROFIT out of these assets.. Are we to believe management and the bankers? who knows? they could collude and bribe each other to con noteholders out of our monies.

What. just by releasing a statement saying that our portion of the equity is wiped out. Whilst their portion of debt is still intact and we noteholders must accept it.. no. no way.. if we go down we'll take them with us. Bankers, noteholders we all die together. We got to teach these bullying bankers a lesson. Least we can do is to prevent the bank from profit from our misfortune, because if they do profit. It will be like rubbing salt to open wound.