I had E-mailed Edgar early last week with regards to the settlement, he just responded to say the following. He asked that I relay the message, but I need those with accounts at other boards to disseminate there, if you could. Thank you.
The EC has received a large number of requests for information from shareholders. We are preparing responses to the most common questions in Q&A format, a process which is taking a few days longer than it would otherwise because of the holidays. When we have finalized the document, we will be posting it on the KCC site or some other Internet site. I would very much appreciate it if you could let the shareholder community know that we are working on this and will have it available within the next few days, certainly long before any of them must make final decisions on supporting the plan or granting releases.
Happy New Year,
Edgar Sargent
------------------------------------------------------------------
If this is truly a genuine Nate Thoma. posting, then it appears to me (And I'm reading between the lines) that Sargent is saying our initial fears a lousy settlement are without merit, and that a full explanation of what was agreed to, and what the value may be going forward, is indeed better than the less-than-exciting scenario many have speculated it to be.
Again, if this is actually the real Nate posting, then what many have speculated: i.e. "There's More To Come", certainly looks to be the case.
All in all, Sargent's remarks have to be viewed as a positive. He is in essence telling us that the deal is better than what many originally thought.
Wonder if Susman will be putting out a similar explanation with his reasoning for agreeing to the deal?
The more info we get about what happened in meetings behind closed doors, the better we'll be at assessing the merits of what was agreed upon.
------------------------------------------------------------------
Si esto es verdad tal y como parece... creo que a partir 2 enero una vez haya NOL´s 2012 recibiremos transparencia y se calmará un poco las especulaciones. Al menos ya entienden la que se ha formado. Algo es algo.