Southeast Banking Corporation (fka STBPQ)

[Yukii]

Hellooooo anybody here? Anything new?

[AKAPAK]

Thanks for update. Anything for shareholders?

[Enterprising Investor]

STBPQ remains in Chapter 7 (1/13/16)

On January 11, 2016, Second Pioneer Corporation (“Second Pioneer”), an indirectly wholly-owned non-debtor subsidiary of Southeast Banking Corporation (“SEBC”), closed on a sale of the “Belfort” property – an undeveloped parcel of real property – to Rimrock Devlin Development LLC, for a total cash purchase price of $2,000,000. After expenses and other closing costs, the proceeds of the sale upstreamed to the SEBC estate were $1,859,838.90.

After the closing of the Belfort sale, the last remaining material non-cash assets of SEBC are the interests of its wholly-owned nondebtor subsidiaries Southeast Properties, Inc. and SWQ Holdings, Inc. (the “Non-Debtor Subsidiaries”) in undeveloped real property and other related property interests (“Southwest Quadrant”) owned 70% by the Non-Debtor Subsidiaries and 30% owned by a partnership not affiliated with SEBC, the Southwest Quadrant Joint Venture (“SQJV”).

By order entered on September 9, 2015, the Bankruptcy Court authorized SEBC to proceed with the sale of the Non-Debtor Subsidiaries’ real and other related property interests in the Southwest Quadrant to Kent Schmidt and James H. Efstathion (who are the joint venture partners in SQJV) or their successors, assigns or designees (“Purchasers”), for a total cash purchase price of $3 million, plus half of all closing costs and assumption of all ongoing obligations (the “SQJV Sale”). Under the terms of the sale contract as amended, the Purchasers have made a non-refundable deposit of $25,000 and an additional refundable deposit of $100,000 with the inspection period to expire February 8, 2016. Assuming the Purchasers do not elect to cancel on or prior to February 8, 2016, the Purchasers have until March 9, 2016 to close.

If the SQJV Sale closes, the Trustee will then begin to take the necessary steps to wind up the SEBC Chapter 7 bankruptcy case, prepare his final report, and make distribution to creditors of the funds to which they are entitled. The choice of the mechanics of making such distribution will be explored and discussed with the constituents, United States Trustee and, as appropriate, the Court.

As of January 12, 2016, and including the proceeds of the Belfort sale, the SEBC estate has cash on hand of approximately $13,635,556.75. If the SQJV Sale closes, the SEBC estate expects to receive additional cash of approximately $2,700,000, resulting in approximately $16,335,556.75 in cash on hand. Projected expenses to close the case, including payment of trustee and professional fees, as well as a conservative contingency reserve, are approximately $2,335,717.85, resulting in estimated projected funds available for distribution to creditors of approximately $14,000,000. See attached chart. Preliminary estimates of projected distributions are set forth in the attached table, along with Exhibit A thereto. The foregoing amounts are estimates only and could vary materially.

As indicated above, the mechanics of making distributions to creditors will be discussed with various parties and has not been determined. Given the logistics involved in making distributions to holders of six different bond issues, including two issues of EuroNotes and the need to prepare and file final tax returns and to comply with other requirements of winding down the estate, the Trustee anticipates that it will take several months following the closing of the Southwest Quadrant property before final distributions can be made and the SEBC Chapter 7 case can be closed.

[nsomniyak]

nope

[Yukii]

Almost a year from my last post and still quite in here. Anybody got any new updates at all?

[Yukii]

Oh I get you now buddy I will also do the same myself. Thanks for everything and good luck to you it's been a while I hope we get something

[sidedraft]

No, my publicly trading shares of STBPQ are gone forever. But I am known to the Trustee as an owner of units in the trust. There is nothing I can do but wait on a possible distribution from the trust. But I do have a loss for 2014 tax purposes.

and you still have the shares and can trade them again.

[Yukii]

Ya buddy that would be nice as I still own 50k. So you called your broker they declared them worthless and you still have the shares and can trade them again. So new to this thanks

[sidedraft]

I had my broker declare them as worthless last month.

It would be nice to get a slice of this:

The estate has cash on hand of $8,569,778 as of August 20, 2014.

http://www.sebcglobalsettlement.com/faq.htm#Q65

[Yukii]

Anybody home? I think I'm holding these shares I'm going to call etrade to wipe them out of my account and get a tax write off

[flyboy9]

Not really following it beyond logging into my trading account and seeing a huge pile of worthless shares......

[Yukii]

Anybody home? Wish we had something to chew on here. Anybody following this anymore

[Yukii]

Anybody hear or see anything lately has been a while. Gl all

[Yukii]

Ya I feel you buddy. Been here to long and would like this to end good Good i hope or bad. Gl

[AKAPAK]

Waiting in the dark, no $$$ to turn on the lights.

[Yukii]

Anybody home?

[Yukii]

Hello everyone!!!! Anything new here in the past little bit or still waiting for something

[flyboy9]

lost cause so far....but I have not done any research at all.

[Yukii]

I know eh isn't that crazy. I would quit this job in the oil sands freezing my Nutz off and head to Florida or anywhere warm. Do you have a clue if anything is going on or is this still a list cause? Thanks buddy

[flyboy9]

I have something like 88,000 shares x 28.4 *0.85 = $2.1 million after taxes.....

[Yukii]

Hey flyboy my friend saw the same thing on his strafe also and he was calling me off the hook. Got home that night and logged in and the dream was list lol. Man I would of sh*t my pants if that was true. I still own 50k shares. Good luck too us

[flyboy9]

Etrade had this stock quoted at $28.40 yesterday.....you could imagine my surprise. I then logged into scottrade and it was still worthless. Did anyone else see this oddity?

[Yukii]

Hey guys just checking in and seeing if we have any news of what is going on lately. Still hold about 50k shares and hope to see something out of them.

[sidedraft]

I did correspond with the Trustee law firm, issuing of certs is not possible.

Sucks big time: lawyers 1, unit holders 0

[sidedraft]

A couple of filings in the past few months:

Trustee’s Report of Sale of Non-Debtor Subsidiary Real Property
http://www.sebcglobalsettlement.com/pleadings/SEBC6033.pdf

Trustee's Motion to Convert Case to Chapter 7, and to Set Deadline For Filing of Chapter 11 Administrative Expense Claims and Schedule Hearing Thereon
http://www.sebcglobalsettlement.com/pleadings/DE%206034%20Mtn%20to%20Convert.pdf

http://www.sebcglobalsettlement.com/pleadings.htm

[Enterprising Investor]

What would need to transpire in order for stockholders to receive any distribution in the SEBC case? (6/29/12)

In order for stockholders to receive any distribution in the SEBC case, SEBC would either (1) need to realize value from its remaining assets in excess of the amount of remaining unpaid post-petition interest due to creditors, or (2) engage in an equity infusion transaction of the type proposed in the Chapter 11 plan.

As noted in previous FAQs ( see #46, #48, #49, #50, #51, #53, #54, #55, #57 and #59), despite the efforts of the Trustee and his professionals since 2009, the Trustee has been unable to locate an investor for an equity infusion transaction. The Trustee believes that the prospect of an equity infusion transaction is very remote and, for that reason, as indicated in response to the immediate prior question, the Trustee will be moving to convert the case to Chapter 7. With respect to the ability to realize value from SEBC’s remaining assets in excess of the amount of remaining unpaid post-petition interest due to creditors, the Trustee believes that the prospect of realizing such value is nil given the amount of post petition interest remaining to be paid to creditors.

[Enterprising Investor]

What is the latest status of the SEBC bankruptcy case? (6/29/12)

Despite the Trustee’s continued efforts to locate a counter-party to a business transaction similar to that embodied in the March 13, 2009 confirmed Chapter 11 plan, or a counter-party to any reasonable business transaction which would benefit SEBC and its stakeholders, no transaction has been proposed by an investor to date. The Trustee has, however, continued to actively market the real estate owned by subsidiaries of the SEBC estate, and on March 27, 2012, the Bankruptcy Court entered an Order authorizing the Trustee to exercise the estate’s interest in one of its subsidiaries to effectuate a sale of certain real estate for a minimum purchase price of $4,200,000. By motion filed on June 18, 2012, the Trustee sought approval of certain modifications to the contract for the sale of this real property. That motion is scheduled for hearing on July 3, 2012. In the event that motion is granted, the Trustee anticipates closing on the sale of the real property by July 20, 2012.

After the real estate sale closes, and in light of the inability to consummate the Chapter 11 Plan, the Trustee intends on moving to convert this case back to a case under Chapter 7 of the Bankruptcy Code in order to liquidate SEBC’s remaining assets. In determining to pursue this course of action, the Trustee has engaged in continuous dialogue with the Confidentiality Parties regarding available options for winding up this case and liquidating SEBC’s remaining assets. After considering several options – including modification to the Chapter 11 Plan under 11 U.S.C. §1127(b) and conversion to Chapter 7 – and discussing those options with the Confidentiality Parties, and in accordance with his business judgment, the Trustee believes that conversion to Chapter 7 is in the best interests of the Estate and its creditors at this time. The Trustee believes that the disposition of the remaining real estate parcels can be accomplished in an orderly fashion after the case is converted to Chapter 7. Because the Trustee believes that the prospect of any form of reorganization is very remote, the administration of the case under Chapter 7 is more appropriate and preserves all possible avenues for realization of value for the SEBC estate.

[sidedraft]

Has anyone looked into getting certs for the shares still held?
My shares are with a broker I can't trust, and are nontransferable.

Even though the chances are slim, they might be worth a few dollars, someday.

[Yukii]

Hey guys wondering if anything new has popped up with this play. It's being a while since i have seen anyone type anything.

[sidedraft]

Nothing from Harvey yet.

[flyboy9]

Any news. I am still waiting for my $10/share * 105000 shares = no more mortgage.

[whodathunkit]

I meant no offense to Jerry Markowitz. My point was simply Beck was successful in obtaining the suspension of obligations and responsibilities of legal representative for holders of SEBC common shares.

At any rate, along with Sidedraft, I'd sure be tickled to see a $10 offer!

[Enterprising Investor]

Jerry Markowitz represented SEBC holders.

Beck is trustee.

[sidedraft]

A tender offer for $10/share would suit me.

And none of this charity stuff, give notice for 30 days, then whoever shows up with shares split the prize.

[whodathunkit]

The order that hurts us peon investors:

12/20/2011 5998 Order Granting Motion Suspending Obligations and Responsibilities of Legal Representative For Holders of SEBC Common Stock (Re: # 5975) (Adam, Lorraine) (Entered: 12/20/2011)

This in effect removes Beck as shareholder representative... But then... what representation did we ever have anyway?

Now I'm having dejavu watching all the lawyers and laywers of lawyers and acountantants and what not fileing for fees just as what happened in July and August of 2010!

I'm glad to see some Without Prejudice Denials of these 'fees'....

[whodathunkit]

Now we see where funds have gone...

Thanks for the link sidedraft

Other Receipts:
Merril Lynch - 500,000.00

Other Oerating Expenses:
Legal/Consulting fees $ - $ 99,621.94
Miscellaneous - 30.75
Bond premium - 86,667.72
Costs to secure/maintain property - 200,347.88
Reversal of bank error-federal interest withheld - 0
Trustee fees & expenses-Ch 7 - 135,312.02
Trustee fees & expenses-Ch 11 - 2,859,498.35
Professional fees & expenses-Ch 7 - 473,790.89
Professional fees & expenses-Ch 11 - 7,036,369.20
Other professional fees and expenses - 3,505,040.00
Other expenses - 20,699.44
Tax interest & penalties - 24,302.01
Courier - 616.26
Annual report - 3,193.75
Storage - 33,736.04

Total Current Period Operating Expenses - $ 2 ,798.45
Total Case Conversion to Date - $ 14,479,226.25

[flyboy9]

Nice find. I like it.

[sidedraft]

The MOR(Monthly operating report) for November 2011

is HERE

[sidedraft]

Requests for payment being denied has to hurt:

12/20/2011 6000 Order Denying Without Prejudice Second Post Confirmation Supplement to Final Application For Compensation (Re: # 5979) Denying for Jeffrey H Beck (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 6001 Order Denying Without Prejudice Trustee's Second Motion For Authority to Pay Indenture Trustee Fees and Expenses and Ad Hock Commitee Substantial Contribution Claim (Re: # 5985) (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 6002 Order Denying Without Prejudice Second Post Confirmation Supplement to Final Application For Compensation (Re: # 5976) Denying for Mark D. Bloom (Adam, Lorraine) (Entered: 12/20/2011)

All three orders said basically the same thing, "For the reasons stated on the record, it is
ORDERED that the Application is denied without prejudice."

I have some STBP court documents stored HERE

[flyboy9]

looks like the lawyers are just sucking whatever value they can out of it. Typical.

[sidedraft]

whole lot more happening than I would have imagined.


Docket from PACER FOR 10/01-12/23/2011:

Filing Date # Docket Text
10/17/2011 5969 Debtor-In-Possession Monthly Operating Report for the Period of 9/1/2011 to 9/30/2011[Trustee's Monthly Financial Report] Filed by Trustee Jeffrey H Beck. (Grossman, Scott) (Entered: 10/17/2011)

11/02/2011 5970 Final Post Confirmation Fee Application for Compensation for Ross R Hartog, Other Professional, Period: 2/1/2010 to 11/2/2011, Fee: $10,250.00, Expenses: $21.57. Filed by Attorney Ross R Hartog. (^Hartog2, Ross) (Entered: 11/02/2011)

11/02/2011 5971 Final Post Confirmation Fee Application for Compensation for Jerry M. Markowitz, the Legal Representative for Holders of SEBC Common Stock, Other Professional, Period: 2/1/2010 to 11/2/2011, Fee: $19,350.00, Expenses: $0.00. Filed by Other Professional Jerry M. Markowitz, the Legal Representative for Holders of SEBC Common Stock. (^Markowitz1, Jerry) (Entered: 11/02/2011)

11/03/2011 5972 Notice of Filing Notice to Creditors of Filing Fee Applications, Filed by Other Professional Jerry M. Markowitz, the Legal Representative for Holders of SEBC Common Stock (Re: 5970 Application for Compensation, 5971 Application for Compensation). (^Hartog2, Ross) (Entered:
11/03/2011)

11/07/2011 5973 Third Supplment to Final Fee Application for Compensation for Soneet R. Kapila, Accountant, Period: 2/1/2010 to 10/31/2011, Fee: $104,093.80, Expenses: $930.38. Filed by Accountant Soneet R. Kapila. (Kapila, Soneet) (Entered: 11/07/2011)

11/10/2011 5974 Motion Modify Settlement - Trustee's Motion to Modify 1998 Southwest Quadrant Joint Venture Settlement Filed by Trustee Jeffrey H Beck. (Grossman, Scott) (Entered: 11/10/2011)

11/10/2011 5975 Motion Suspending Obligations and Responsibilities of Legal Representative - Trustee's Motion for Entry of an Order Suspending Obligations and Responsibilities of Legal Representative for Holders of SEBC Common Stock Filed by Trustee Jeffrey H Beck. (Grossman, Scott) (Entered: 11/10/2011)

11/10/2011 5976 Second Post-Confirmation Supplement to Final Application for Compensation and Reimbursement of Expenses for Mark D. Bloom Esq., Trustee's Attorney, Period: 2/1/2010 to 10/31/2011, Fee: $131157.50, Expenses: $7835.04. Filed by Attorney Mark D. Bloom Esq.. (Attachments: # 1 Exhibit Exhibit 3 Part 1# 2 Exhibit Exhibit 3 Part 2# 3 Exhibit Exhibit 3 Part 3) (Bloom, Mark) (Entered: 11/10/2011)

11/10/2011 5977 Notice of Filing Additional Pages to Exhibit 3 of the Second Post-Confirmation Supplement to Final Chapter 11 Application for Compensation and Reimbursement of Expenses, Filed by Trustee Jeffrey H Beck (Re: 5976 Application for Compensation). (Attachments: # 1 Exhibit) (Bloom, Mark) (Entered: 11/10/2011)

11/10/2011 5978 Third Supplement to Third Interim and Final Application for Compensation and Reimbursement of Expenses (Smith Hulsey & Busey) for Smith Hulsey & Busey, Special Counsel, Period: 2/1/2010 to 10/31/2011, Fee: $5648.00, Expenses: $14.06. Filed by Special Counsel Smith Hulsey & Busey. (Grossman, Scott) (Entered: 11/10/2011)

11/14/2011 5979 Second Post-Confirmation Supplement to Final Application for Compensation and Reimbursement of Expenses for Jeffrey H Beck, Trustee Chapter 9/11, Period: 2/1/2010 to 10/31/2011, Fee: $143668.50, Expenses: $618.56. Filed by Trustee Jeffrey H Beck. (Attachments: # 1 Exhibit # 2 Exhibit) (Grossman, Scott) (Entered: 11/14/2011)

11/15/2011 5980 Notice of Hearing (Re: 5970 Final Post Confirmation Fee Application for Compensation for Ross R Hartog, Other Professional, Period: 2/1/2010 to 11/2/2011, Fee: $10,250.00, Expenses: $21.57. Filed by Attorney Ross R Hartog., 5971 Final Post Confirmation Fee Application for Compensation for Jerry M. Markowitz, the Legal Representative for Holders of SEBC Common Stock, Other Professional, Period: 2/1/2010 to 11/2/2011, Fee: $19,350.00, Expenses: $0.00. Filed by Other Professional Jerry M. Markowitz, the Legal Representative for Holders of SEBC Common Stock., 5973 Third Supplment to Final Fee Application for Compensation for Soneet R. Kapila, Accountant, Period: 2/1/2010 to 10/31/2011, Fee: $104,093.80, Expenses: $930.38. Filed by Accountant Soneet R. Kapila., 5974 Motion Modify Settlement - Trustee's Motion to Modify 1998 Southwest Quadrant Joint Venture Settlement Filed by Trustee Jeffrey H Beck., 5975 Motion Suspending Obligations and Responsibilities of Legal Representative - Trustee's Motion for Entry of an Order Suspending Obligations and Responsibilities of Legal Representative for Holders of SEBC Common Stock Filed by Trustee Jeffrey H Beck., 5976 Second Post-Confirmation Supplement to Final Application for Compensation and Reimbursement of Expenses for Mark D. Bloom Esq., Trustee's Attorney, Period: 2/1/2010 to 10/31/2011, Fee: $131157.50, Expenses: $7835.04. Filed by Attorney Mark D. Bloom Esq.., 5978 Third Supplement to Third Interim and Final Application for Compensation and Reimbursement of Expenses, 5979 Second Post-Confirmation Supplement to Final Application for Compensation and Reimbursement of Expenses for Jeffrey H Beck, Trustee Chapter 9/11, Period: 2/1/2010 to 10/31/2011, Fee: $143668.50, Expenses: $618.56. Filed by Trustee Jeffrey H Beck.) Hearing scheduled for 12/13/2011 at 09:30 AM at 1515 N Flagler Dr Room 801 Courtroom A, West Palm Beach. (Corrales, Vivian) (Entered: 11/15/2011)

11/15/2011 5981 Certificate of Service by Attorney Scott M. Grossman Esq. (Re: 5980 Notice of Hearing). (Grossman, Scott) (Entered: 11/15/2011)

11/18/2011 5982 Debtor-In-Possession Monthly Operating Report for the Period of 10/1/2011 to 10/31/2011[Trustee's Monthly Financial Report] Filed by Trustee Jeffrey H Beck. (Grossman, Scott) (Entered: 11/18/2011)

11/22/2011 5983 Notice to Withdraw Appearance Filed by Creditor Franklin Mutual Advisers Inc . (Perusso, Conce) (Entered: 11/23/2011)

11/22/2011 5984 Notice of Change of Address Filed by Creditor Franklin Mutual Advisers Inc . (Perusso, Conce) (Entered: 11/23/2011)

11/29/2011 5985 Second Motion for Payment of Indenture Trustee Fees and Expenses and Ad Hoc Committee Substantial Contribution Claim, in the Amount of Indenture Trustee Fees: $333,850.62; Ad Hoc Committee Substantial Contribution Claim: $12,413.66. Filed by Trustee Jeffrey H Beck. (Grossman, Scott) (Entered: 11/29/2011)

11/29/2011 5986 Ex Parte Motion to Shorten Time to Shorten Time for Hearing on Trustee's Second Motion for Authority to Pay Indenture Trustee Fees and Expenses and Ad Hoc Committee Substantial Contribution Claim Filed by Trustee Jeffrey H Beck. (Grossman, Scott) (Entered: 11/29/2011)

11/29/2011 5987 Notice of Hearing (Re: 5985 Second Motion for Payment of Indenture Trustee Fees and Expenses and Ad Hoc Committee Substantial Contribution Claim, in the Amount of Indenture Trustee Fees: $333,850.62; Ad Hoc Committee Substantial Contribution Claim: $12,413.66. Filed by Trustee Jeffrey H Beck.) Hearing scheduled for 12/13/2011 at 09:30 AM at 1515 N Flagler Dr Room 801 Courtroom A, West Palm Beach. (Corrales, Vivian) (Entered: 11/29/2011)

11/30/2011 5988 Order Granting Motion to Shorten Time for Hearing on Trustee's Second Motion for Authority to Pay Indenture Trustee Fees and Expenses and Ad Hoc Committee Substantial Contribution Claim (Re: #5986) The hearing on the Payment Motion will be held on December 13, 2011, at 9:30 a.m., at 1515 N. Flagler Drive, Waterview Building, Room 801, Courtroom A, West Palm Beach, Florida 33401. (Perusso, Conce) (Entered: 11/30/2011)

12/01/2011 5989 Order Setting Status Conference . Status hearing to be held on 12/13/2011 at 09:30 AM at 1515 N Flagler Dr Room 801 Courtroom A, West Palm Beach. (Adam, Lorraine) (Entered: 12/01/2011)

12/01/2011 5990 Certificate of Service by Attorney Scott M. Grossman Esq. (Re: 5987 Notice of Hearing, 5988 Order Shortening Time). (Grossman, Scott) (Entered: 12/01/2011)

12/01/2011 5991 Notice of Filing Thirtieth Notice of Addition to SEBC Global Settlement Website, Filed by Trustee Jeffrey H Beck. (Grossman, Scott) (Entered: 12/01/2011)

12/03/2011 5992 BNC Certificate of Mailing - PDF Document (Re: 5989 Order Setting Status Conference . Status hearing to be held on 12/13/2011 at 09:30 AM at 1515 N Flagler Dr Room 801 Courtroom A, West Palm Beach.) Notice Date 12/03/2011. (Admin.) (Entered: 12/04/2011)

12/16/2011 5993 Debtor-In-Possession Monthly Operating Report for the Period of 11/1/2011 to 11/30/2011[Trustee's Monthly Financial Report] Filed by Trustee Jeffrey H Beck. (Grossman, Scott) (Entered: 12/16/2011)

12/20/2011 5994 Order Granting Final Post-Confirmation Application For Compensation (Re: # 5970) for Ross R Hartog, fees awarded: $10250.00, expenses awarded: $21.57 (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 5995 Order Granting Third Supplement to Third Interim and Final Application For Compensation (Re: # 5978) for Smith Hulsey & Busey, fees awarded: $5648.00, expenses awarded: $14.06 (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 5996 Order Granting Final Post-Confirmation Application For Compensation (Re: # 5971) for Jerry M. Markowitz, the Legal Representative for Holders of SEBC Common Stock, fees awarded: $19350.00, expenses awarded: $ (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 5997 Order Granting Third Supplement to Final Application For Compensation (Re: # 5973) for Soneet R. Kapila, fees awarded: $104,093.80, expenses awarded: $930.38 (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 5998 Order Granting Motion Suspending Obligations and Responsibilities of Legal Representative For Holders of SEBC Common Stock (Re: # 5975) (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 5999 Order Granting Motion to Modify 1998 Southwest Quadrant Joint Venture Settlement (Re: # 5974) (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 6000 Order Denying Without Prejudice Second Post Confirmation Supplement to Final Application For Compensation (Re: # 5979) Denying for Jeffrey H Beck (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 6001 Order Denying Without Prejudice Trustee's Second Motion For Authority to Pay Indenture Trustee Fees and Expenses and Ad Hock Commitee Substantial Contribution Claim (Re: # 5985) (Adam, Lorraine) (Entered: 12/20/2011)

12/20/2011 6002 Order Denying Without Prejudice Second Post Confirmation Supplement to Final Application For Compensation (Re: # 5976) Denying for Mark D. Bloom (Adam, Lorraine) (Entered: 12/20/2011)

12/22/2011 6003 Certificate of Service by Attorney Scott M. Grossman Esq. (Re: 5994 Order on Application for Compensation, 5995 Order on Application for Compensation, 5996 Order on Application for Compensation, 5997 Order on Application for Compensation, 5998 Order on Miscellaneous Motion, 5999 Order on Miscellaneous Motion, 6000 Order on Application for Compensation, 6001 Order on Motion For Payment, 6002 Order on Application for Compensation). (Grossman, Scott) (Entered: 12/22/2011)

12/22/2011 6004 BNC Certificate of Mailing - PDF Document (Re: 5994 Order Granting Final Post-Confirmation Application For Compensation) Notice Date 12/22/2011. (Admin.) (Entered: 12/23/2011)

12/22/2011 6005 BNC Certificate of Mailing - PDF Document (Re: 5995 Order Granting Third Supplement to Third Interim and Final Application For Compensation) Notice Date 12/22/2011. (Admin.) (Entered: 12/23/2011)

12/22/2011 6006 BNC Certificate of Mailing - PDF Document (Re: 5996 Order Granting Final Post-Confirmation Application For Compensation) Notice Date 12/22/2011. (Admin.) (Entered: 12/23/2011)

12/22/2011 6007 BNC Certificate of Mailing - PDF Document (Re: 5997 Order Granting Third Supplement to Final Application For Compensation) Notice Date 12/22/2011. (Admin.) (Entered: 12/23/2011)

[whodathunkit]

This was posted by Harvey on another board:

I received papers from the BK court today.

I will discuus them with one of the most important and respected BK lawyers in all of South Florida. Yes about the SouthEast Banking Case. We will discuss what can be done to try and bring value to the shareholders.Please continue to add up the shareholder count In case a shareholder meeting is called.
ME100 Harvey

[flyboy9]

Any new news since last week?

[Yukii]

You said it buddy. I F@%KED up lots this year trying to work and play the market didn't work for me. I was wonderin if you know how much money is left in the company? I know they have some nice land still. Thanks again buddy and I won't annoy you anymore. Have a good one and thanks for the help.

[whodathunkit]

Your welcome Yukii and thanks! It would sure be a change in the outcome of other investments.... er... gambles I've made in 2011.

[Yukii]

Thanks buddy I really apreciate it. Also good luck too you and the rest that hold. I hope it makes my 2012 one to remember.

[whodathunkit]