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Thursday, December 22, 2011 2:07:57 PM
What you are reading, so far, are the PROPOSED ballots, and the PROPOSED letters to go to everybody.
PLEASE stop asking where your "ballot" is.
By now, everybody ought to know the following process. We've been through this SEVERAL times so far.
1) Proposed POR
2) A Disclosure Statement, which is a 'summary' of the POR
2a) Perhaps revisions to the POR / DS
3) Objections to the DS
3b) Perhaps revisions to address objections
4) A Disclosure Statement Hearing
4b) Perhaps revisions to the DS then
5) An approval from the court on the Disclosure Statement
(UNTIL WE GET TO #5, there are NO BALLOTS GOING OUT)
{What you are reading so far are PROPOSED ballots -- part of the PROPOSED Disclosure Statement}
6) Ballots go out for voting
7) Ballots go to your broker, to you, and back from you to the broker
8) Ballots are summarized by your broker
10) Ballots go back to KCCLLC for summaries of all of them
11) KCCLLC gives a total of the ballots
12) Plan Confirmation objections
13) Plan Confirmation Hearing
14) Court Opinion / Ruling on the Plan
15) If a plan is approved, then exiting bankruptcy.
** NOBODY IS GOING TO GET ANY BALLOT UNTIL AFTER THE DISCLOSURE STATEMENT IS APPROVED -- AND THAT WILL NOT HAPPEN UNTIL THE DISCLOSURE STATEMENT HEARING, AND EVEN THEN, NOT UNTIL AFTER THE DISCLOSURE STATEMENT IS APPROVED BY THE COURT **
Chill folks.
...Catz
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