details just announced.
4 years, no pay increase, LBFO accepted.
Union has tail between legs.
How do you know that. You do not know what value the judge will place on assets vs Debt.
This is the reason I balled.
The preferreds are better at this time.
LNCO was not created for this.
In fact LNCO was created for IRA's etc.
It has existed for several years.
VZ owns it, they can do with it, what they want.
How stupid can the union get
still the same thing.
Cannot give anything to the common, before the preferreds.
Must give something for debt, so the prederreds still win out.
I am not an account, but that is how I see it.
Preferred stock gets paid in BK before common. Cannot cancel the preferred stock, and give something to the common.
The lawsuit after that would re-BK BBEP.
Lowell, has the union by the short and curlies.
He is not going to budge.
The union #$%$, are losing more each day, and will be replaced soon.
No union, and wireline is much easier to sell.
that is what scared me.
If they say the assets are worth less in BK, then there is CODI. Let say 1.25 per say, you would owe taxes on 375K
That would suck even more.
keep posting does not make it true.
CWA #$%$, much lower then SCABs.
CWA is too stupid to know what a scab is.
Then the scab p00ped, and out came a CWA member.
God bemoaned the fact, he allowed the CWA, and then flooded the earth.
Unfortunately, one of Noah's sons (shem), married a descendant of the CWA, and they a alive until this day.
The brains, are much smaller then the scabs, and all the CWA knows how to say is gimme, gimme, gimme.
Some day God will do away will all CWA #$%$. We can just hope it is soon.
Union members have also been arrested.
you have court orders against you thuggery, and illegal actions.
My guess, is the union is about to be disbanded by a judge, and they all members canned.
I also say a video on this.
VZ, is not going to cave.
If you want your jobs back, the union will have to cave.
YOU LOSE Troll.
The stock is still be traded.
I do not think this will affect options, until the stock is cancelled (if and when).
If the stock is not cancelled, I think the options would still be in play