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Cotton & Western Mining In CWRN
Posted On: 05/29/2013 12:49:22 AM
Post# of 8059
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Posted By: microcaps
Re: masscommuter #4151

Other times, the company's creditors become the new owners of the business; this especially happens when one or more creditors have had their debt completely discharged.


sounds like creditors gained controlling interest in return for discharging/eliminating the debt or much of it


so the bank, whoever the bank is, not necessarily an actual bank, may have received bob/sharons 2 billion insider shares in return for 4-5 million debt and additional consideration to Bob and Sharon to allow them to pay their debts and have something to live on or even retire on


how do they determine future value of amount Ca court may award to CWRN or is that insulated or not part of the deal -havent figured yet














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