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You are welcome, Sir.
Joe, Why don't you talk to Dennis? ;)
http://www.milbank.com/attorneys/dennis-f-dunne.html
"Counsel for Committee of Unsecured Creditors"
HAZH....UP 100%
To Da Mooon!
$0.05?
From LEHNQ Prospectus:
When can the trust redeem the preferred securities?
The trust will redeem all of the outstanding preferred securities when the subordinated debentures are paid at maturity on January 18, 2054. In addition, if Holdings redeems any subordinated debentures before their maturity, the trust will use the cash it receives on the redemption of the subordinated debentures to redeem, on a proportionate basis, the preferred securities and the common securities.
Holdings can redeem the subordinated debentures before their maturity at 100% of their principal amount plus accrued and unpaid interest:
•
in whole or in part on one or more occasions any time on or after January 18, 2010; and
•
in whole at any time, if certain changes in tax or investment company laws occur (which are more fully described under "Certain Terms of the Preferred Securities—Special Event Redemption"), provided Holdings chooses to redeem within 90 days of the occurrence of such event.
How are the preferred securities guaranteed?
Holdings will fully and unconditionally guarantee, to the extent set forth in the accompanying prospectus on page 21:
•
amounts due on preferred securities to the extent the trust has funds available for payment of such distributions (the "guarantee"); and
•
its obligations under the declaration of trust and the subordinated indenture (the document governing the subordinated debentures).
Redemption
Holdings may redeem the subordinated debentures before their maturity:
•
in whole or in part on one or more occasions any time on or after January 18, 2010; and
•
in whole at any time, if certain changes in tax or investment company law occur (each of which is a "Special Event" and is described more fully under "—Special Event Redemption" below).
When Holdings pays off the subordinated debentures, either at maturity on January 18, 2054 or upon early redemption (as discussed above), the trust will use the cash it receives from the redemption of the subordinated debentures to redeem a like amount of the preferred and common securities. The redemption price for the subordinated debentures is 100% of their principal amount plus accrued and unpaid interest.
If less than all the preferred and common securities are redeemed, the aggregate liquidation amount of preferred and common securities to be redeemed will be allocated proportionately among the preferred and common securities, subject to the exceptions described under "—Subordination of Common Securities." The preferred securities to be redeemed will be redeemed on a proportionate basis by DTC if they are in book-entry-only form.
Special Event Redemption
If a tax event or an investment company event (as defined below) has occurred and is continuing, and Holdings cannot cure the event by some reasonable action, Holdings may redeem the subordinated debentures, within 90 days following the occurrence of the Special Event.
"Tax event" as used herein means the receipt by the trust of an opinion of independent tax counsel experienced in such matters, to the effect that, as a result of
•
any amendment to, change in or announced proposed change in the laws or regulations interpreting such laws of the United States or any political subdivision or taxing authority; or
•
any official administrative pronouncement, action or judicial decision interpreting or applying such laws or regulations;
where such amendment or change becomes effective, or proposed change, pronouncement, action or decision is announced on or after the date of this prospectus supplement, there is more than an insubstantial risk currently or within the 90 days following such opinion that:
•
the trust will be subject to United States federal income tax with respect to income received or accrued on the subordinated debentures;
•
interest payable by Holdings on the subordinated debentures will not be deductible by Holdings, in whole or in part, for United States federal income tax purposes; or
•
the trust will be subject to more than a de minimis amount of other taxes, duties or other governmental charges.
"Investment company event" means the receipt by the trust of an opinion of a nationally recognized independent counsel to the effect that, as a result of the occurrence of a change in law or regulation or a written change in interpretation or application of law or regulation by any legislative body, court, governmental agency or regulatory authority, there is more than an insubstantial risk that the trust will be considered an "investment company" under the Investment Company Act of 1940 that is required to be registered under this law.
If Holdings does not elect to redeem the subordinated debentures following a tax event or investment company event, the preferred securities will remain outstanding until the repayment of the subordinated debentures.
Redemption Procedures
The trust will give you at least 30 days' notice before any redemption of preferred securities. To the extent funds are available for payment, the trust will irrevocably deposit with DTC sufficient funds to pay the redemption amount for the preferred securities being redeemed. The trust will also give DTC irrevocable instructions, and authority to pay the redemption amount to the preferred securities holders. Any distribution to be paid on or before a redemption date for any preferred securities called for redemption will be payable to the registered holders on the record date for the distribution.
S-9
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Once notice of redemption is given and the redemption amount is irrevocably deposited, additional distributions on the preferred securities will cease to accumulate. In addition, all rights of the holders of the preferred securities called for redemption will cease, except for the right to receive distributions payable prior to the redemption date and the redemption amount.
If any redemption date is not a business day, the redemption amount will be payable on the next business day, without any interest or other payment in respect of any such delay. However, if the next business day is in the next calendar year, the, redemption amount will be payable on the preceding business day.
Holdings or its affiliates may, at any time, purchase outstanding preferred securities by tender, in the open market or by private agreement.
Any preferred securities which are repurchased or redeemed will be cancelled.
Withholding
All payments of principal and interest will be made without withholding or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of the jurisdiction of incorporation of Holdings or any political subdivision thereof or any authority therein or thereof having power to tax unless the withholding or deduction of such taxes, duties, assessments or governmental charges is required by law (based on the advice of counsel).
Optional Liquidation of the Trust and Distribution of Subordinated Debentures
Holdings may dissolve the trust at any time, and after paying the creditors of the trust may cause the subordinated debentures to be exchanged for the preferred securities. Holdings will give holders of the preferred securities at least 10 business days' prior notice of such dissolution.
Assuming that the trust is not taxable as a corporation, a distribution of subordinated debentures upon a liquidation of the trust would not be a taxable event to holders of the preferred securities. If, however, the trust were subject to United States federal income tax with respect to income accrued or received on the subordinated debentures, the distribution of subordinated debentures by the trust would be a taxable event to the trust and you.
If Holdings elects to dissolve the trust, thus causing the subordinated debentures to be distributed in exchange for the preferred securities, Holdings will continue to have the right to redeem the subordinated debentures in certain circumstances. See "Certain Terms of the Subordinated Debentures—Redemption" for more information.
I didn't sell a single share for the past 2 years,
I know that less than 120K shares traded today, but I admit I don't like today's action.:(
Anyone?
Much appreciated.
Thank You.
Thank you Sir, I can see that.
I want Time & sales.
Can someone please post LHHMQ today's trades?
Tia
Change it to Day order, we'll take it.
Where the hell is LD?????
You think I better cancel my sell order @ 10 cents/share?
Ditto to that.
Definition of 'Non-Objecting Beneficial Owner - NOBO':
A beneficial owner who gives permission to a financial intermediary to release the owner's name and address to the company(ies) or issuer(s) in which they have bought securities. Companies and issuers request this personal information so they can contact the shareholder regarding important shareholder communications (such as proxies, circulars for rights offerings and annual/quarterly reports).
3) Security Information
Trading Symbol: EMJI
Exact title and class of securities outstanding: Common Stock
CUSIP: 29077P200
Par or Stated Value: $.0001
Total common shares authorized: 2,400,000,000 as of: 8/19/13
Total common shares outstanding: 4,980,087 as of: 8/19/13
Insider Holdings:
Robert P. Atwell, Chairman
2,500,000 Common Shares --50% of OS;
We were wrong!
I'd be more than happy if she covers @25$!!
FLY OR DIE
Ps. Please Fly!
I'm amazed that many don't know what form 211 is,
and who should fill it to Uplist!!!
http://www.otcbb.com/aboutotcbb/forms/formsindex.stm
Oh The Humanity...
2.95 mil shares @ 0.0001 ask eom
DAISY, If i were you, I'd consider selling LD 2.5mil common shares @ 0.01...and buy CT's with dat money.
You'll be holding 50K CT's & 2.6mil common shares...
1st one o default on divi is LHHMQ
last one to default is LEHKQ
Uplisting has nothing to do wid dat.
http://www.nasdaq.com/symbol/lhhmq/dividend-history
http://www.nasdaq.com/symbol/lehnq/dividend-history
http://www.nasdaq.com/symbol/lehlq/dividend-history
http://www.nasdaq.com/symbol/lehkq/dividend-history
547K shares traded so far, last 0.0012
Up 33.33%
HAZH, up 55% on unusual vol..eom
what's going on here? 370K Vol.
Up 55%!!
b]LEHLQ,LHHMQ, Prefd. Shares UPLISTED
from grey market to pink sheets, Up 100%
$25 FV, Possible $9 divi.
Life changing opportunity IMO
lol...
I admit its only Luck!
I sold P's for less than 0.50, and replaced it with 10X L's.
LEHLQ,LHHMQ, Prefd. Shares UPLISTED
from grey market to pink sheets, Up 100%
$25 FV, Possible $9 divi.
Life changing opportunity IMO
I own L's & M's only,
Lucky I guess!
inesdefilia post# 23803:
Hey! What was that you said to me?
Just say the word and I'd be free?
Yeah as the fire in the sky
It's Getting Better Man!
I'm betting on
TENDER OFFER.....
"Any company can make a tender offer for a class of its own equity securities"..
:)