Joe

[Joe @JShawshank]

@MetalDogMiner @JBHThree Uh, $gtt bonds trading at 10 cents or less on the dollar and RemainCo (after InfraCo sale) with debt/ebitda >10x and $0 of LFCF = chapter 11 and no recovery for equity. Next 24 - 72 hrs will be telling.

[Joe @JShawshank]

@Pdt4L You realize that $GTT got "deleted" from the Russell 3000 yesterday which led to their "addition" to the Russell Microcap, right? Usually that's not the direction companies want to move....

[Joe @JShawshank]

What You Need to Know About Your Vaccine Card https://t.co/UdbRQ0T0j6 Not all providers use the CDC card...Mayo Clinic, for example, does not and state of MN then sends a letter with vaccination record attached. There should be a universal standard.

[Joe @JShawshank]

And you wonder why the Catholic Church is hemorrhaging followers in the United States? So out of touch with the 21st century.

[Joe @JShawshank]

Targeting Biden, Catholic Bishops Advance Controversial Communion Plan https://t.co/hEOucV8FC0

[Joe @JShawshank]

@NadimEA3 @harvardzhang Lenders get partial pay down/maximize recovery with InfraCo sale in addition to prepack. It’s all linked.

[Joe @JShawshank]

@NadimEA3 @harvardzhang Also, InfraCo sale to close within 20 business days of restated financials = 1 month, per 8k on 05/17. Prepack Chapter 11 would be filed after.

[Joe @JShawshank]

@NadimEA3 @harvardzhang Also, per SPA for InfraCo, InfraCo is ~$160m EBITDA (13.2x for total purchase price of $2,150m) RemainCo takes on additional $20m expense for services from InfraCo to RemainCo (for fiber, etc 5 yr MSA min. $100m spend) so RemainCo EBITDA <$180m and Debt/ebitda 9-10x. Too high!

[Joe @JShawshank]

@NadimEA3 @harvardzhang You are assuming that they have a choice? If the banks and bond holders have formed ad hoc groups and are forcing weekly updates and biweekly meetings then the only answer is BK. No cash = no choice.

[The Economist @TheEconomist]

Conspiracy theories are not always harmless https://t.co/7jnMzlKIKk

[Joe @JShawshank]

Float plane with broken strut in East river!

[Joe @JShawshank]

@realDonaldTrump If you want to be #bigleague stop acting so small!

[Joe @JShawshank]

@nytimesworld Looks like envoy just promoted to full colonel http://t.co/H7qtwirXIg