Recap choices are-----yes vote/NO VOTE1 ----- No vote(limp on 4...

Recap choices are-----yes vote/NO VOTE

1 ----- No vote(limp on 4 another 18 mo)Maybe sell/maybe not sell some assets and Bank trading profits to equity and wait for a better business/plant selling market(what management have been doing uptil now)Cop price rises and increasing profits on the way.Reduce debt..A lot changes in 18mo

2 ----- No vote(directors declare insolvent-everyone including lenders/hedgefunds loose)

3 ------No vote(Lenders get 75% support of lenders syndicate to seek control of company from court---claiming we're unable to meet commitments----just as bad/even worse for them as above as assets will be sold by court appointed administrator)

4 ------Yes vote preserving existing equity for shareholders(50c/share)Hedge funds get their share for nothing by having paid 65c in the dollar,swopping 20% to equity and still making 20-25% cash on value of owned debt.i.e paying 65c getting debt of 80c paying over 10% effective interest on 65c cost and a large share in the company for NIX all within 12 months.Company able to refinance debt with banks once again.

I figure option 4 is the smartest and quickest payout for all concerned.YOU GET MY VOTE FOR 50 cents----But NOT FOR 18
and its a MAJOR yes vote they need for any real profitable solution.It won't be a 50% er vote that's for sure.

Buy and stock up on votes now if you have a mind to--if not like me -hold and get ready for the barrage to come telling you why you have to vote for this and why you have no choice with your vote and your vote and share is only worth so much

The Truth is always ----- YOU DO --- and its worth more or they wouldn't be interested in having it(its all pork barrel politics when all said and done----what's your price)

Don't forget the election---you get what you vote for--greater accountability for all reps was that result--