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Re: None

Friday, 10/07/2016 3:39:38 AM

Friday, October 07, 2016 3:39:38 AM

Post# of 1153
we should see some movement today:

from SIGA's latest FORM 8-K:

"Item 8.01 Other Events.

As previously disclosed on August 18, 2016, the United States Bankruptcy Court for the Southern District of New York approved a Joint Motion of Reorganized Debtor and PharmAthene, Inc. to Amend Debtor’s Third Amended Chapter 11 Plan to Extend PharmAthene Allowed Claim Treatment Date, which extended the deadline for SIGA Technologies, Inc. (“SIGA”) to satisfy the previously disclosed judgment (the “PharmAthene Judgment”) owed to PharmAthene, Inc . (“PharmAthene”) from October 19, 2016 to November 30, 2016, conditioned on SIGA’s payment to PharmAthene of $100 million on or prior to October 19, 2016, which payment would be applied against the PharmAthene Judgment. On October 5, 2016, SIGA completed payment to PharmAthene of such $100 million amount, thereby satisfying the required condition and extending the deadline for satisfaction of the remainder of the PharmAthene Judgment to November 30, 2016. "

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