American Oriental Bioengineering Inc. (AOBI)

[today32]

Tahra Wright from the Loeb law firm called me back. The last time she spoke to the company was over the summer. Her expectation is the the fractional share payouts will get made, they are just waiting on the company to wire DTC the funds. I asked about the court-related stuff that was complicating things, but she said that she wasn't aware of any court proceedings that were holding up the process. I asked if there was a chance that the payment might not be made at all and she said that it was her "expectation" that it would be made.

So basically she said that:
1. DTC is still waiting on the company to wire them the funds
2. There's no hold up related to court proceedings.
3. She hasn't heard from the company since the summer.

Not terrible news, but it doesn't look like there's any end in sight unfortunately =(