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Technology Stocks : Allen-Vanguard Rescue Board

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To: CNSOF who wrote (476)10/19/2009 1:35:37 PM
From: kidl  Read Replies (2) of 724
 
>>>If Versa and Luxton successfully negotiate the current course of action they will avoid not only expenses associated with us shareholders but avoid having to pay severences to current employees.<<<

Are you sure about that? I am not!

The way I read the deal ... Versa is buying the existing VRS corporation. Not just selective assets via a "normal" bankruptcy.

Ya buy the corporation, ya get the good and the bad.

Am I wrong?
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