Comments on: Nortel Sunk by Customer Concerns

By: yes4aapl

yes4aapl — Sat, 11 Jul 2009 10:59:53 +0000

I call Robert Verdun to testify about Nortel.
In my opinion it's critical to hear from him at that moment.
It would expose BoD tricks to fool investors so they lost all their money. NT stock=zero
Bob, where are you?
Mark Evans
Can you try your charm to ask Bob Verdun to post as a guest on this blog?
Bob is a busy man, he answered my call
He said
Robert Verdun" <bobverdun@rogers.com>
View contact details
To:
yes4aapl2007@yahoo.com
It's me you are looking for, but I gave up on Nortel a long time ago (about two years). I own no stock, and see no future for those guys!

Bob Verdun

By: yes4aapl

yes4aapl — Sat, 11 Jul 2009 06:59:53 +0000

By: Moose_Chaser

Moose_Chaser — Wed, 01 Jul 2009 08:14:28 +0000

George Riedl did FUKK ALL !

How much was he paid ?

MC

By: broadbandbill

broadbandbill — Wed, 01 Jul 2009 06:18:34 +0000

good point; M&A does require intestinal fortitude, which he has yet to show!..–bb

By: painful_truth

painful_truth — Wed, 01 Jul 2009 06:00:16 +0000

Hired to work the M side of the equation & “lack of strategy” ended up on the A side.

He still has a future if he decides to obtain a formal education at A&M before trying this in the real world….

By: broadbandbill

broadbandbill — Tue, 30 Jun 2009 19:16:08 +0000

Not the kind of M&A he wanted to be part of…–bb

By: broadbandbill

broadbandbill — Tue, 30 Jun 2009 17:21:06 +0000

That's the diference between men and boys; men know their weaknesses..–bb

By: Asset_Number_XXX

Asset_Number_XXX — Tue, 30 Jun 2009 15:47:00 +0000

It means that a chicken without head is running around the yard. It won't be long. What a mess!

By: painful_truth

painful_truth — Tue, 30 Jun 2009 15:03:06 +0000

What are you guys talking about, George Riedl is very active in M&A activities. Selling them……..

By: yes4aapl

yes4aapl — Tue, 30 Jun 2009 14:47:17 +0000

As you see creditors still don't have much to say.
Ch11 is the law to protect the company /Nortel/ against creditors claims.
Judge is just confirming that Ch11 can still keep creditors away.
Judge agreed with Nortel to sell CDMA and LTE in the stalking horse bidding.
Creditors think that it is not the way to get the most money from the process.
They would want Nortel to have a Plan to restructure and emerge from BK.
I guess next step would be to convert the debt into new shares...
problem is that Nortel cannot be restructured and almost everyone knows that so far /with the probability of any restructuring to fail again of 90%/
It looks that some creditors still don't know that.
They invested their money in the fraud company and they are much surprised today.