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Re: ItsMyOption post# 27868

Friday, 11/18/2016 9:56:09 AM

Friday, November 18, 2016 9:56:09 AM

Post# of 30990
Thanks to you, pheman, 4 mark and you and others for research. Your thought about someone getting the IP for pennies is really the result I want to avoid. A brief run down of what we've learned:

Rule 2002 applies to getting all notices of the procedure. You would get all notices, motions, objections and other proceedings. It might be voluminous and, from what I gather, you might need an attorney to figure out what applies to you (us).

There is a form called proof of claim that I found after 4 mark's 2002 info. It looks like you fill out a claim to say you should get some money, and you'd be in line after all the creditors get their money.

For a small fee you can go to the site pheman found and have access to what is going on. www.pacer.psc.uscourts.gov.

Realistically, the IP will be sold to someone. I don't think I have the know-how to do all the above except maybe file a proof of claim. But that will do no good if someone gets the IP for pennies. The question is, is there any way we can prevent that? Other than actually upbidding the stalking horse bid, do we have any affordable course of action? By the way, I wish I could say there was a way that Dr. Mullan could be our ally in this, but I don't see any scenario where he would have any motivation to help us, especially if Archer were to bid on the IP.
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