B. Tuttle: Shareholders fight back!
Link for sharing: https://www.gofundme.com/anvshareholders
Please help us bring justice to this case.
Allied Nevada share holders are fighting back to receive a true valuation based on the real value of the Debtor's estate. A website is in the process of being set up at http://www.AlliedNevadaFraud.com with complete details. Please add yourself to our email list to stay up to date with this case. You can unsubscribe at any time by following the link in the email.
History
The judge assigned to this case has agreed to the debtors without understanding exactly what the debtors are claiming. The judge further did not know the details about the warrants.
In the final hearing, towards the last five minutes, the judge stated something to the effect of "They are receiving warrants right?". This shows that Judge Walrath is clueless into what plan the debtors truely have for current Allied Nevada Shareholders.
Based on that fact alone, we must appeal.
The true value of stockholder equity, should be, if according to the debtor's own words, between 200 and 300M, plus about 450M more of fraudulent write downs in attempt to destroy stockholder equity.
If we can show a judge that these fraudulent bad faith transactions are taking place, and the valuation of the Allied Nevada estate is only $650M to $750M, then the share price of allied nevada would be $650M divided by 126,000,000 outstanding shares = $5.15 per share to $5.95 per share.
Please help hold the reins in this case by donating. Many people have their life savings at stake!
Thank you!
http://www.AlliedNevadaFraud.com
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