s162, I think you misunderstand my perspective.... Nowhere here have I said that the company, Mel, had any intentions of taking the company into BK. What I have said is that this deal is contingent on them getting the $250M, JPM Bank Debt taken care of. Either get it extended at reasonable (in this environment) terms, or find a way to pay it off. I also stated what is in front of us, not speculation. I stated that the May debt due date is irrelevant, and this Going Concern contingency on Malone / Liberty deal has moved it up to being taken care of before the March 17th, 10K file date. I have not raised these issues to cause "Fear", but rather to discuss the facts as they are being presented. There has been a good discussion....
The SP as .13 - .14 is as you say, waiting for the outcome... Today's trading was under 14M shares on an otherwise up day on the general markets... My take was to get 1/3 back in from what I took of the table Friday. I got back at .1302 yesterday. I still am concerned that this Deal Is NOT Done..... That is my opinion..... Regardless of how many times we see language in documents like this, It is This time and This Document that Malone's / Liberty money is on the line with... Mel and Company have managed to not get it done, just when we thought he had gotten it done.... until these bothersome details just happen to come out while filing his 10K extension.... NICE JOB MEL..... We are sitting here after all this time, waiting for Mel to get the May debt done... Great.... I'm not going to dispute that Mel is doing everything he needs to do to have a positive outcome.... but he doesn't have one yet....
Originally Posted by sl62
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