Hdonald
$TRKAQ
Let me put a pulse on doc 266 again real quick… When the Plan became effective, the old TRKA shares, warrants and ownership interests were cancelled… We know that and we know that didn’t automatically erase the corporation itself… And the Plan tells us that… Pull the doc and go to exhibit A, Article IV.C… META was given authority, “on or after the effective date,” to “merge or dissolve any Debtor.” Words are sooo key when reading these dockets… Notice the choice of words… merge OR dissolve... It doesn’t say every Debtor was automatically dissolved… I know, I know, Reds, that does NOT mean TRKA is merging… But…… The Plan specifically addresses a merger “with another Debtor,” yet the authority given to META simply says it “may merge or dissolve any Debtor.” It never says ONLY with another Debtor…. Doc 266….
Ask…. What META is legally allowed to do with the surviving corporate entity before this is finished… Hint…… Follow the value…. Not just the names…
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