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Gold/Mining/Energy : ATPG Shareholders -- Ignore unavailable to you. Want to Upgrade?

To: lite9876 who wrote (107)	8/27/2012 9:30:57 PM
From: billgatesisevil	Respond to of 3620

First and foremost take care of yourself. I had to have a PIC line thrown in to give IV antibiotics at home after I had an infection. Not something to be played with in the least. Not saying you shouldn't go, but put your health ahead of everything else. You can always replace things, you can never replace people. While I urged you folks to get on it early, "early" in this game is within the first couple of months, not weeks. Alert might remember how long it was before the MIR EC was formed. So far the first and second lien folks do not have an official committee appointed yet either.

To: lite9876 who wrote (107)	8/27/2012 9:43:35 PM
From: alertmeipp	Respond to of 3620

Thanks for keeping track of the count. Please remind folks to update us if you sold out or add to their positions. Health always no. 1. The best and most important things in life are (usually) free.

To: lite9876 who wrote (107)	8/27/2012 11:09:22 PM
From: mrpanick	Read Replies (2) \| Respond to of 3620

I don't own any ATPG, but own about 3,000 ATPGP. Both ATPG and ATPGP are "equity". This is why I'm participating here. It's rather unlikely that the judge would approve 2 equity committees for the different classes of equity. If a committee gets formed by the court it's going to represent both. You folks should look for some ATPGP holders to support an EQ as well as ATPG holders. There is no way that one class of equity is going to get a settlement without the other getting one. The interests are more or less aligned. The pref is more senior than the common and would probably get a slightly better settlement that than the 4.5X shares of common it's convertible to. On the other hand it's not like the pref has to get paid at par 100 before the common gets anything as some have suggested in other forums. It's also not correct that the bonds must get 100 cents on the dollar for the equity to get a settlement. In the Trump case where a former employer of mine was co-chair of the equity committee secured bondholders got about 90 cents on the dollar and the equity still ended up getting about $3 / share in the settlement. A key factor in that case was that a valuable asset (the casino license as it happened) was held at the holding co level and not available to creditors. There are some strong similarities with ATPG where you have the UK subsidiary not participating in the bankruptcy.