Well management shares worth nothing and now will be jobless. Can't say I feel bad for them, they engineered this catastrophe. Such a shame. Sounds like banks will boot management, re-instate, turn the ship themselves as they believe the business can make money, bundle up and sell off. Can't believe that sgh was still confident of reaching a deal with the banks. Lie after lie after lie.
100% equity to Lenders, page-17
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