AXQ allco max securities and mortgage trust

kinghorn, page-5

  1. 260 Posts.
    Heres my plan

    face value of loans 912m
    Sell at 7.5% discount 843m
    Pay off liabs 763m
    Excess cash 68.4m
    shares on issue 172m
    Cash to each holder 0.40cents

    some of the loans are due in >2 year, and if they are GOOD CREDIT RISKS. Why woulnt they pay off or rearrange and get the discount

    I KNOW i'm dreamin but it sounds like a plan
 
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