:0)

Or are they helping a BK company get back on its feet?

But why the sudden involvement now of all times... this thing has been around somany years and now, finish line in site... why are they getting involved...????????

CW

I wonder if it is this...

We offer fast cash for your claim
As one of the nation’s leading buyers of Bankruptcy Claims, JM Partners is prepared to purchase your claim immediately, freeing you from costly entanglement in the uncertain process, and providing you instant cash in hand. Once we close the purchase, we assume all risk and responsibility for the claim moving forward. You keep the purchase proceeds regardless of the outcome- even if JM Partners receives less than we paid for the claim, or nothing at all. In most cases, creditors are very likely to benefit more through a purchase agreement with JM Partners than through any other course of action.

CW

Hmmm... very interesting...

I wonder from which angle they are involved here...

https://www.jmpartnersllc.com/about-us.html

CW

I wonder if this is related to the Transfer of Claim thing...

These guys were added as a creditor yesterday...

JM Partners LLC
6800 Paragon Pl #202
Richmond, VA 23230
804-285-0807
Added: 08/31/2018
(Creditor)

They are listed right above Lanktree

JM Partners LLC
6800 Paragon Pl #202
Richmond, VA 23230
804-285-0807
Added: 08/31/2018
(Creditor)
Charles T. Lanktree
2 Ridgedale Avenue
Cedar Knolls, NJ 07927
Added: 02/27/2012
(Petitioning Creditor)

I will have to look them up and see what they do... and see what their connection is...

CW

I wondered that, too. I looked at the list of creditors...

the only one even close to having those initials was...

Nail Media Group
230 W 41 St #1300
New York, NY 10036

If a typo occurred, it could be this guy...

Nicholas Quear
3105 Estates Cir
Youngstown OH 44511

Not really sure...

CW

Ha!

I am not sure... but wanted to post it anyway in case someone else does. I think it just means one of the creditors changed names or something and filed that? I don't know but hopefully not a stall tactic as someone else suggested might happen.

Hopefully these are just loose ends being tied up so the judge can sign off once and for all...

CW

We have movement... not sure what it is or what it means but PACER has been updated with this...

Filing Date # Docket Text
08/30/2018 Receipt of Transfer of Claim Filing Fee - $25.00 by NG. Receipt Number 316896. (admin) (Entered: 08/30/2018)

CW

Whatever the reason... you got lucky!

CW

They have been posted in case you missed them. They are on the OTC site...

CW

Or maybe they will file 2nd Q financial by midnight tonight as requested in the extension request they submitted. And once that happens, they will then be current within a week to 10 days. And perhaps, once that happens, we begin to see meaningful updates ...

Just a perhaps...

CW

STOP has been upgraded to Limited Information

https://www.otcmarkets.com/stock/AZFL/disclosure

CW

Oh yes! Join the party...!!! Woohoo!

CW

Hopefully the band shows up... I am ready to dance!

CW

https://www.otcmarkets.com/stock/AZFL/disclosure

CW

Thumbs up, Mariner...

CW

Cheers to that!

CW

https://backend.otcmarkets.com/otcapi/company/financial-report/199993/content

Hi Mariner...

There is another tab choice when I first get into the case...
One is DOCKET REPORT which is from where I get most of the information...

But I clicked on the tab above that one that alludes to timelines and schedule...

It was in there that I saw the deadline posted...

CW

Mariner,

It shows on the first page of the document ...

CW

Each of the dockets has a file number... they are listed and you can click on them and it will show the file. This one is the name of what was filed in the report number 226

08/09/2018

226


(24 pgs) Chapter 7 Trustee's Final Account, Certification that the Estate has been Fully Administered and Application of Trustee to be Discharged filed on behalf of the Chapter 7 Trustee. The United States Trustee has reviewed the Final Account, Certification that the Estate has been Fully Administered and Application of Trustee to be Discharged. The United States Trustee does not object to the relief requested. Filed by U.S. Trustee Office of the US Trustee. Objection Deadline: 09/10/2018. (^UST17, SE) (Entered: 08/09/2018)

CW

Ah... ok then...

I did not pick up on that... still on my first cup of coffee...

:0)

CW

Good morning, Totffe...
That was the first one I posted, just the first and last page... this is all the financial transactions in-between...
Nothing we don't already know...
CW

Here is the full PACER Last BK document... I had to copy it to word then copy it here... it Ould be cleaned up a lot in terms of space usage... but here it is...

Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 1 of 24
§ American Scientific Resources, Inco § § § Debtor(s) §
CHAPTER 7 TRUSTEE’S FINAL ACCOUNT AND DISTRIBUTION REPORT CERTIFICATION THAT THE ESTATE HAS BEEN FULLY ADMINISTERED
AND APPLICATION TO BE DISCHARGED (TDR)
Marc P. Barmat, chapter 7 trustee, submits this Final Account, Certification that the Estate has been Fully Administered and Application to be Discharged.
1) All funds on hand have been distributed in accordance with the Trustee’s Final Report and, if applicable, any order of the Court modifying the Final Report. The case is fully administered and all assets and funds which have come under the trustee’s control in this case have been properly accounted for as provided by law. The trustee hereby requests to be discharged from further duties as a trustee.
2) A summary of assets abandoned, assets exempt, total distributions to claimants, claims discharged without payment, and expenses of administration is provided below:
Assets Abandoned: $9,710.00
(without deducting any secured claims)
Assets Exempt: NA
Claims Discharged Without Payment: NA
Total Distributions to Claimants:
Total Expenses of Administration:
$172,643.42 $387,571.53
3) Total gross receipts of $560,214.95 (see Exhibit 1), minus funds paid to the debtor(s) and third parties of $0.00 (see Exhibit 2), yielded net receipts of $560,214.95 from the liquidation of the property of the estate, which was distributed as follows:
UST Form 101-7-TDR (10/1/2010)
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 2 of 24

CLAIMS SCHEDULED
CLAIMS ASSERTED
CLAIMS ALLOWED
CLAIMS PAID
Secured Claims (from Exhibit 3)
$0.00
$0.00
$0.00
$0.00
Priority Claims:




Chapter 7 Admin. Fees and Charges (from Exhibit 4)
NA
$387,571.53
$387,571.53
$387,571.53
Prior Chapter Admin. Fees and Charges (from Exhibit 5)
NA
$0.00
$0.00
$0.00
Priority Unsecured Claims?(From Exhibit 6)
$171,000.00
$75,485.55
$52,035.55
$52,035.56
General Unsecured Claims (from Exhibit 7)
$2,822,434.57
$11,527,259.7 6
$6,168,357.77
$120,607.86
Total Disbursements
$2,993,434.57
$11,990,316.8 4
$6,607,964.85
$560,214.95
4). This case was originally filed under chapter 7 on 02/27/2012. The case was pending for 77 months.
5). All estate bank statements, deposit slips, and canceled checks have been submitted to the United States Trustee.
6). An individual estate property record and report showing the final accounting of the assets of the estate is attached as Exhibit 8. The cash receipts and disbursements records for each estate bank account, showing the final accounting of the receipts and disbursements of estate funds is attached as Exhibit 9.
Pursuant to Fed R Bank P 5009, I hereby certify, under penalty of perjury, that the foregoing report is true and correct.
Dated: 07/11/2018
By: /s/ Marc P. Barmat /Ma Trustee?rc?P.
Bar mat
STATEMENT: This Uniform Form is associated with an open bankruptcy case, therefore, Paperwork Reduction Act exemption 5 C.F.R. § 1320.4(a)(2) applies.
UST Form 101-7-TDR (10/1/2010)
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 3 of 24
EXHIBIT 1 – GROSS RECEIPTS
EXHIBITS TO FINAL ACCOUNT
DESCRIPTION UNIFORM AMOUNT TRAN. CODE RECEIVED
Inventory 1129-000 $900.00
Office Equipment, furnishings, supplies 1129-000 $100.00
Royalties - Brooklands, Inc 1223-000 $559,214.95
TOTAL GROSS RECEIPTS $560,214.95
The Uniform Transaction Code is an accounting code assigned by the trustee for statistical reporting purposes.
EXHIBIT 2 – FUNDS PAID TO DEBTOR & THIRD PARTIES
NONE
EXHIBIT 3 – SECURED CLAIMS
NONE
EXHIBIT 4 – CHAPTER 7 ADMINISTRATIVE FEES and CHARGES
PAYEE UNIFORM CLAIMS CLAIMS CLAIMS CLAIMS TRAN. CODE SCHEDULED ASSERTED ALLOWED PAID
Marc P. Barmat, 2100-000 NA $31,260.75 $31,260.75 $31,260.75 Trustee
Marc P. Barmat, 2200-000 NA $836.48 $836.48 $836.48 Trustee
Green Bank 2600-000 NA $24,919.33 $24,919.33 $24,919.33
Attorney for Trustee 3110-000 NA $164,620.00 $164,620.00 $164,620.00
Attorney for Trustee 3120-000 NA $6,093.61 $6,093.61 $6,093.61
DAVID A CARTER, 3210-600 NA $6,765.00 $6,765.00 $6,765.00 ESQ., Special Counsel?for Trustee
Accountant for 3410-000 NA $151,560.50 $151,560.50 $151,560.50 Trustee
Accountant for 3420-000 NA $1,515.86 $1,515.86 $1,515.86 Trustee
TOTAL CHAPTER 7 ADMIN. FEES AND NA $387,571.53 $387,571.53 $387,571.53 CHARGES
EXHIBIT 5 – PRIOR CHAPTER ADMINISTRATIVE FEES and CHARGES
NONE
EXHIBIT 6 – PRIORITY UNSECURED CLAIMS
CLAIM CLAIMANT UNIFORM CLAIMS CLAIMS CLAIMS CLAIMS NUMBER TRAN. CODE SCHEDULED ASSERTED ALLOWED PAID
UST Form 101-7-TDR (10/1/2010)
Case 12-14640-JKO Doc 226
Filed 08/09/18 Page 4 of 24
1P Marc Massoglia
8p Tirotta, Chris 31P Robert T. Faber 32P Jason M Roth 33P Daniel Levy 41P Morrissey,
Patrick W
INTERNAL REVENUE SERVICE Federal Withholding (Employee)
INTERNAL REVENUE SERVICE Medicare (Employee)
INTERNAL REVENUE SERVICE Social Security (Employee)
Brandon, Jim
Faber, Robert
FL DEPT OF REVENUE State Unemployment (Employer)
INTERNAL REVENUE SERVICE Federal Unemployment (Employer)
INTERNAL REVENUE SERVICE Medicare (Employer)
INTERNAL REVENUE SERVICE Social Security (Employer)
5300-000 5300-000 5300-000 5300-000 5300-000 5300-000
5300-000
5300-000
5300-000
5800-000 5800-000 5800-000
5800-000
5800-000
5800-000
$0.00 $0.00 $0.00
$120,000.00 $18,000.00 $5,000.00
$0.00
$0.00
$0.00
$3,000.00 $25,000.00 $0.00
$0.00
$0.00
$0.00
$11,725.00 $11,725.00 $11,725.00 $11,725.00 $11,725.00 $11,725.00
$0.00
$0.00
$0.00
$0.00
$0.00 $1,266.30
$281.40
$680.05
$2,907.80
$11,725.00 $11,725.00 $0.00 $0.00 $11,725.00 $11,725.00
$0.00
$0.00
$0.00
$0.00
$0.00 $1,266.30
$281.40
$680.05
$2,907.80
$7,545.04 $7,545.04 $0.00 $0.00 $7,545.04 $7,545.04
$13,132.00
$680.05
$2,907.80
$0.00
$0.00 $1,266.31
$281.40
$680.04
$2,907.80
TOTAL PRIORITY UNSECURED CLAIMS $171,000.00 $75,485.55 $52,035.55 $52,035.56
EXHIBIT 7 – GENERAL UNSECURED CLAIMS
CLAIM CLAIMANT UNIFORM CLAIMS CLAIMS CLAIMS CLAIMS NUMBER TRAN. CODE SCHEDULED ASSERTED ALLOWED PAID
1U Marc Massoglia 7100-000 $60,000.00 $83,275.00 $83,275.00 $1,641.54
UST Form 101-7-TDR (10/1/2010)
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 5 of 24
2 United Parcel 7100-000 $0.00 $7,249.76 $7,249.76 $0.00 Service (Freight)
United States 7100-001 $0.00 $0.00 $0.00 $142.91 Bankruptcy Court?(Claim No. 2;?United Parcel
Service (Freight))
3 United Parcel 7100-000 $0.00 $638.39 $638.39 $0.00 Service
United States 7100-001 $0.00 $0.00 $0.00 $12.58 Bankruptcy Court?(Claim No. 3;?United Parcel
Service)
4 R3 Accounting 7100-000 $2,575.00 $3,700.00 $3,700.00 $72.94 LLC
5 Brenner & Elsea- 7100-000 $134,014.60 $152,246.76 $152,246.76 $3,001.16 Mandojana LLC
6 ELAN 7100-000 $0.00 $0.00 $0.00 $0.00 FINANCIAL
SERVICES
7 Martin E Janis 7100-000 $37,600.91 $37,985.81 $37,985.81 $0.00 &
Company, Inc.
United States Bankruptcy Court (Claim No. 7; Martin E Janis & Company, Inc.)
7100-001
$0.00 $0.00
$0.00 $748.79
8U Tirotta, Chris 7100-000 $40,000.00 $475,950.81 $475,950.81 $9,382.16
9 David Sherer 7100-000 $0.00 $35,000.00 $35,000.00 $689.94
10 Tirotta, Robert 7100-000 $0.00 $30,466.00 $30,466.00 $600.56
11 Mark R. Behr 7100-000 $0.00 $30,466.00 $30,466.00 $600.56
12 Tirotta, Conni 7100-000 $0.00 $543,758.90 $267,921.23 $5,281.39
13 Harold Wrobel 7100-000 $0.00 $490,000.00 $490,000.00 $9,659.10
14 John Madril 7100-000 $0.00 $42,077.80 $0.00 $0.00
15 John Madril 7100-000 $100,000.00 $178,621.91 $178,621.91 $3,521.08
16 Parvine Sadeghi 7100-000 $100,000.00 $86,622.49 $86,622.49 $1,707.54
17 Technimed 7100-000 $0.00 $3,000,000.00 $0.00 $0.00
18 Technimed 7100-000 $0.00 $276,299.80 $276,299.80 $0.00
United States 7100-001 $0.00 $0.00 $0.00 $5,446.55 Bankruptcy Court?(Claim No. 18;?Technimed)
19 Sichen a Ross 7100-000 $0.00 $5,462.50 $5,462.50 $107.68 Friedman LLP
20 Leonard C 7100-000 $0.00 $79,562.00 $79,562.00 $0.00 Ludwig
United States 7100-001 $0.00 $0.00 $0.00 $1,568.36
UST Form 101-7-TDR (10/1/2010)
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 6 of 24
Bankruptcy Court (Claim No. 20; Leonard C Ludwig)
21 Felix Reznik 7100-000 $0.00 $89,702.62 $89,702.62 $1,768.26
22 Boris & 7100-000 $0.00 $44,851.31 $0.00 $0.00 Svetlana Reznick
23 Boris & Svetlana 7100-000 $0.00 $44,851.31 $40,277.40 $0.00 Reznick
United States 7100-001 $0.00 $0.00 $0.00 $793.97 Bankruptcy Court?(Claim No. 23;?Boris & Svetlana
Reznick)
24 Andrew Goldin 7100-000 $0.00 $89,702.62 $89,702.62 $1,768.26
25 Omrani & Taub 7100-000 $50,000.00 $89,702.62 $89,702.62 $0.00
United States 7100-001 $0.00 $0.00 $0.00 $1,768.26 Bankruptcy Court?(Claim No. 25;?Omrani & Taub)
26 Goldin, Alex & 7100-000 $200,000.00 $358,810.48 $358,810.48 $7,073.04 Mira
27 Gols Associated 7100-000 $350,000.00 $1,448,662.47 $0.00 $0.00
28 Yeskoo Hogan 7100-000 $0.00 $110,253.47 $110,253.47 $2,173.37 & Tamlyn,
LLP
29 Justin Di Rezze 7100-000 $0.00 $50,776.67 $50,776.67 $1,000.93
30 US Bank NA dba 7100-000 $0.00 $6,093.71 $6,093.71 $120.12 US Bank
Equipment Finance
31U Robert T. Faber 7100-000 $0.00 $13,275.00 $0.00 $0.00
32U Jason M Roth 7100-000 $0.00 $108,275.00 $0.00 $0.00
33U Daniel Levy 7100-000 $0.00 $6,275.00 $6,275.00 $123.70
34 Mammoth West 7100-000 $24,063.00 $27,101.00 $27,101.00 $534.23 Corporation d/b/a
Mammoth Corporation
35 Concorde Capital 7100-000 $35,000.00 $442,559.18 $442,559.18 $8,723.93 Limited
36 Andrew Goldin 7100-000 $50,000.00 $50,000.00 $0.00 $0.00
37 Charles T. 7100-000 $0.00 $774,000.00 $774,000.00 $15,257.44 Lanktree
38 Leonard C. 7100-000 $50,000.00 $50,000.00 $0.00 $0.00 Ludwig
39 Peter F Lordi Jr. 7100-000 $0.00 $199,000.00 $199,000.00 $0.00
United States 7100-001 $0.00 $0.00 $0.00 $3,922.78 Bankruptcy Court?(Claim No. 39;?Peter F Lordi Jr.)
UST Form 101-7-TDR (10/1/2010)
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 7 of 24
40 Nicholas Quear 7100-000 $5,000.00 $43,000.00 $43,000.00 $847.64
41U Morrissey, 7100-000 $0.00 $13,228.14 $13,228.14 $260.76 Patrick W
42 Donald 7100-000 $0.00 $5,800.00 $5,800.00 $114.33 Weidenfeld
43 Nixon Peabody 7100-000 $0.00 $4,869.00 $4,869.00 $95.98 LLP
44A Walgreen Co 7100-000 $0.00 $0.00 $0.00 $0.00
45 Langtree 7100-000 $724,000.00 $885,290.00 $762,090.63 $15,022.68 Consulting Corp
46 Southridge 7100-000 $0.00 $43,425.00 $25,646.58 $505.56 Partners II, LP
47 Daniel J. 7100-000 $0.00 $59,780.00 $59,780.00 $1,178.41 Schreiber
48 Granite Financial 7100-000 $242,420.00 $355,117.23 $355,117.23 $7,000.23 Group LLC
49 Michael George 7100-000 $25,000.00 $25,000.00 $25,000.00 $0.00 Pension Plan
United States 7100-001 $0.00 $0.00 $0.00 $492.81 Bankruptcy Court?(Claim No. 49;?Michael George
Pension Plan)
50 Schaffner Family 7100-000 $50,000.00 $50,000.00 $50,000.00 $985.62 Foundation
51 Hal B. Howard 7100-000 $0.00 $50,000.00 $50,000.00 $0.00
United States 7100-001 $0.00 $0.00 $0.00 $985.62 Bankruptcy Court?(Claim No. 51;?Hal B. Howard)
52 Taconic 7100-000 $0.00 $17,768.00 $17,768.00 $0.00
United States 7100-001 $0.00 $0.00 $0.00 $350.25 Bankruptcy Court?(Claim No. 52;?Taconic)
53 Longside 7100-000 $4,762.00 $4,762.00 $4,762.00 $0.00 Ventures
United States 7100-001 $0.00 $0.00 $0.00 $93.87 Bankruptcy Court?(Claim No. 53;?Longside
Ventures)
54 Magna Group, 7100-000 $53,350.00 $53,350.00 $0.00 $0.00 LLC
55 Lucosky 7100-000 $57,802.00 $92,302.00 $92,302.00 $1,819.50 Brookman LLP
56 Materna, Dr. 7100-000 $53,580.00 $53,580.00 $41,635.48 $820.74 Thomas
57 Bennett, Don 7100-000 $31,600.00 $78,356.00 $41,635.48 $820.73
58 Donald Bennett 7200-000 $0.00 $78,356.00 $0.00 $0.00
UST Form 101-7-TDR (10/1/2010)
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 8 of 24
59 Marital Trust u/w 7200-000 $0.00 $50,000.00 $50,000.00 $0.00 James T. Pyle
, 7100-000 $75,000.00 $0.00 $0.00 $0.00
5 L's 7100-000 $50,000.00 $0.00 $0.00 $0.00
Action Stock 7100-000 $1,865.00 $0.00 $0.00 $0.00 Transfer Corp
AT&T 7100-000 $520.89 $0.00 $0.00 $0.00
Barton 7100-000 $2,762.50 $0.00 $0.00 $0.00 Consulting LLC
Broadrldge 7100-000 $14,259.12 $0.00 $0.00 $0.00
Business Wire 7100-000 $3,490.00 $0.00 $0.00 $0.00
CBIZ Goldstein 7100-000 $2,915.00 $0.00 $0.00 $0.00 Lewin
CHS Business 7100-000 $16,000.00 $0.00 $0.00 $0.00 Assoc LLC
Federal Express 7100-000 $1,518.91 $0.00 $0.00 $0.00
FN 7100-000 $720.00 $0.00 $0.00 $0.00 Implementation &?Fin Partners
FPL 7100-000 $269.56 $0.00 $0.00 $0.00
Gibraltar Pvt 7100-000 $25,802.37 $0.00 $0.00 $0.00 Bank & Trust
Global 7100-000 $296.14 $0.00 $0.00 $0.00 Experience?Specialists
Greenwood 7100-000 $63,402.98 $0.00 $0.00 $0.00 Group
Miller, Mark 7100-000 $10,000.00 $0.00 $0.00 $0.00
Nail Media Group 7100-000 $2,250.00 $0.00 $0.00 $0.00
PR Newswire 7100-000 $8,245.00 $0.00 $0.00 $0.00
Premium 7100-000 $11,481.59 $0.00 $0.00 $0.00 Assignment
Reznick Law, 7100-000 $8,450.00 $0.00 $0.00 $0.00 PLLC
Rosenberg Rich 7100-000 $42,418.00 $0.00 $0.00 $0.00 & Co
TOTAL GENERAL UNSECURED CLAIMS $2,822,434.57 $11,527,259.7 $6,168,357.7 $120,607.86 67
UST Form 101-7-TDR (10/1/2010)
Case No.:?Case Name:?For the Period Ending:
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO 7/11/2018
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 9 of 24
FORM 1?INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT ASSET CASES
Page No:
Trustee Name:?Date Filed (f) or Converted (c): §341(a) Meeting Date:?Claims Bar Date:
1
Exhibit 8
Marc P. Barmat 02/27/2012 (f) 08/28/2012 11/26/2012
1
2
3
4
5
6
Asset Description (Scheduled and Unscheduled (u) Property)
Petition/ Unscheduled Value
Estimated Net Value (Value Determined by Trustee,?Less Liens, Exemptions, and Other Costs)
Property
Abandoned?OA =§ 554(a) abandon.
Sales/Funds Received by the Estate
Asset Fully Administered (FA)/ Gross Value of Remaining Assets
Ref. #

1
Bank Accounts
$0.00
$0.00

$0.00
FA
2
FPL Deposit
$250.00
$0.00

$0.00
FA
3
Investments Limited Lease Deposit
$6,360.00
$0.00

$0.00
FA
4
Worker's Compensation Insurance Refund
$3,000.00
$0.00

$0.00
FA
5
Trademarks and Brand Names
$0.00
$0.00

$0.00
FA
6
Office Equipment, furnishings, supplies
$1,000.00
$100.00

$100.00
FA
7
Machinery, Fixtures, etc.
$100.00
$0.00

$0.00
FA
8
Inventory
$146,750.00
$900.00

$900.00
FA
Asset Notes: Sold with Asset #6
9
Royalties - Brooklands, Inc (u)
$150,000.00
$559,214.95

$559,214.95
FA
Asset Notes: Court Order entered 05/20/13 ECF#123; Court Order entered 08/26/13 ECF#130 amending balance of settlement.
TOTALS (Excluding unknown value)
Major Activities affecting case closing:
$307,460.00
$560,214.95
$560,214.95
Gross Value of Remaining Assets $0.00
04/27/2017
05/01/2016 04/27/2015
The Trustee just resolved all claims objections in this case and all final fee applications have now been filed. The Trustee is in the process of preparing the TFR which should be filed within the next 60 days.
Claims: All claims have been resolved.
A final tax return has been filed.?The only matter pending in this case is the resolution of the claims. Objections were filed and many of the objections were resolved. However, there are still several claims objections pending resolution. The remaining objections have a deadline of May 11, 2016.?All assets in this case have been fully administered. The only remaining matter is the resolution of the claims. Many of the claims are from investors and there are complex issues over the interest calculations and whether the notes violate NY Usury laws. An initial analysis was completed by the accountants for the Trustee. Counsel is completing a review of the claims and will file all appropriate objections.
Case No.:?Case Name:?For the Period Ending:
FORM 1?INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT ASSET CASES
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO 7/11/2018
Page No: 2
Trustee Name:?Date Filed (f) or Converted (c): §341(a) Meeting Date:?Claims Bar Date:
Exhibit 8
Marc P. Barmat 02/27/2012 (f) 08/28/2012 11/26/2012
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 10 of 24
1
2
3
4
5
6
Asset Description (Scheduled and Unscheduled (u) Property)
Petition/ Unscheduled Value
Estimated Net Value (Value Determined by Trustee,?Less Liens, Exemptions, and Other Costs)
Property
Abandoned?OA =§ 554(a) abandon.
Sales/Funds Received by the Estate
Asset Fully Administered (FA)/ Gross Value of Remaining Assets
04/28/2013
Current Status: A court approved settlement was entered into between the Trustee and Brooklands Incorporated wherein Brooklands was required to pay the Trustee an initial payment of $130,000.00 followed by monthly payments, determined by a formula, due quarterly through 2017 (DE 123). Thereafter, the court approved a modified settlement between the Trustee and Brooklands (DE 130) which required Brooklands to pay the Trustee $300,000 in a lump sum, followed by 3 quarterly payments in the amount of $25,000, with the last payment due on or before May 31, 2014. All payments, with the exception of the $25,000 payment due on May 31, 2014, have been received. Once the last payment is received, the claims will have to be reviewed and objected to, if appropriate.
The Trustee hired David Carter, PA and Eugene Kennedy as special counsel to investigate various securities issues. Special counsel determined that there was no actionable damages to the debtor for which recovery could be sought by the Trustee.
CBD: 11/01/2012 - Claims have not been reviewed at this time. Tax Returns: The estate is current.
Professionals: Rachlin LLP - Accountants for the Trustee Furr and Cohen, PA - Counsel to the Trustee
Initial Projected Date Of Final Report (TFR): 12/31/2015 Current Projected Date Of Final Report (TFR): 12/31/2017
/s/ MARC P. BARMAT MARC P. BARMAT
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 11 of 24
Page No: 1?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
03/26/2013
(9)
Brooklands Inc
Pursuant to Court Order entered 05/20/13 ECF#123
1223-000
$14,214.95

$14,214.95
03/29/2013

Green Bank
Bank Service Fee
2600-000

$3.69
$14,211.26
04/30/2013

Green Bank
Bank Service Fee
2600-000

$22.19
$14,189.07
05/31/2013

Green Bank
Bank Service Fee
2600-000

$24.37
$14,164.70
06/06/2013
(9)
Brooklands Inc
Pursuant to Court Order entered 05/20/13 ECF#123
1223-000
$130,000.00

$144,164.70
06/11/2013
101
Alan R. Barbee
Interim Fees and Costs per Court Order entered 01/25/13 ECF#107
*

$51,659.04
$92,505.66



$(51,440.40)
3410-000


$92,505.66



$(218.64)
3420-000


$92,505.66
06/11/2013
102
Furr and Cohen, PA
Interim Fees and Costs per Court Order entered 01/23/13 ECF#104
*

$36,858.34
$55,647.32



$(36,454.00)
3110-000


$55,647.32



$(404.34)
3120-000


$55,647.32
06/28/2013

Green Bank
Bank Service Fee
2600-000

$98.19
$55,549.13
07/03/2013

Brooklands Inc
Report of Sale filed 07/17/13 ECF#126
*
$1,000.00

$56,549.13

{6}

$100.00
1129-000


$56,549.13

{8}

$900.00
1129-000


$56,549.13
07/31/2013

Green Bank
Bank Service Fee
2600-000

$91.04
$56,458.09
08/04/2013
(9)
Brooklands Inc
Pursuant to Court Order entered 05/20/13
1223-000
$40,000.00

$96,458.09
08/30/2013

Green Bank
Bank Service Fee
2600-000

$155.28
$96,302.81
09/30/2013

Green Bank
Bank Service Fee
2600-000

$140.36
$96,162.45
10/10/2013
(9)
Brooklands Inc
Pursuant to Court Order entered 08/26/13 ECF#130
1223-000
$50,000.00

$146,162.45
10/31/2013

Green Bank
Bank Service Fee
2600-000

$209.83
$145,952.62
11/19/2013
(9)
Brooklands Inc
Pursuant to Court Order entered 08/26/13 ECF#130
1223-000
$250,000.00

$395,952.62
11/29/2013

Green Bank
Bank Service Fee
2600-000

$391.68
$395,560.94
12/04/2013
(9)
Brooklands Inc
Pursuant to Court Order entered 08/26/13 ECF#130
1223-000
$25,000.00

$420,560.94
SUBTOTALS $510,214.95
$89,654.01
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 12 of 24
Page No: 2?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
12/18/2013
103
Furr and Cohen, PA
Interim fees and costs pursuant to Court Order entered 12/17/13 ECF#142
*

$61,026.12
$359,534.82



$(59,180.00)
3110-000


$359,534.82



$(1,846.12)
3120-000


$359,534.82
12/30/2013
104
Alan R. Barbee
Pursuant to Court Order entered 12/19/13 ECF#144 - Interim Fees and Costs
*

$29,294.32
$330,240.50



$(28,961.60)
3410-000


$330,240.50



$(332.72)
3420-000


$330,240.50
12/31/2013

Green Bank
Bank Service Fee
2600-000

$624.27
$329,616.23
01/31/2014

Green Bank
Bank Service Fee
2600-000

$567.74
$329,048.49
02/28/2014

Green Bank
Bank Service Fee
2600-000

$479.59
$328,568.90
03/31/2014

Green Bank
Bank Service Fee
2600-000

$496.00
$328,072.90
04/24/2014
(9)
Brooklands Inc
Pursuant to Court Order entered 08/26/13 ECF#130
1223-000
$25,000.00

$353,072.90
04/30/2014

Green Bank
Bank Service Fee
2600-000

$520.14
$352,552.76
05/30/2014

Green Bank
Bank Service Fee
2600-000

$587.26
$351,965.50
06/30/2014

Green Bank
Bank Service Fee
2600-000

$531.32
$351,434.18
07/21/2014
105
DAVID A CARTER, ESQ.
Pursuant to Court Order entered 07/11/14 ECF#151
3210-600

$6,765.00
$344,669.18
07/31/2014

Green Bank
Bank Service Fee
2600-000

$566.05
$344,103.13
08/29/2014

Green Bank
Bank Service Fee
2600-000

$573.19
$343,529.94
09/29/2014
(9)
Brooklands Inc
Pursuant to Court Order entered 0/26/13 ECF#130
1223-000
$12,500.00

$356,029.94
09/30/2014

Green Bank
Bank Service Fee
2600-000

$519.89
$355,510.05
10/31/2014

Green Bank
Bank Service Fee
2600-000

$610.69
$354,899.36
11/05/2014
(9)
Brooklands Inc
Pursuant to Court Order entered 08/26/14 ECF#130
1223-000
$12,500.00

$367,399.36
11/28/2014

Green Bank
Bank Service Fee
2600-000

$534.19
$366,865.17
12/31/2014

Green Bank
Bank Service Fee
2600-000

$592.00
$366,273.17
01/30/2015

Green Bank
Bank Service Fee
2600-000

$610.12
$365,663.05
02/27/2015

Green Bank
Bank Service Fee
2600-000

$532.96
$365,130.09
03/31/2015

Green Bank
Bank Service Fee
2600-000

$570.20
$364,559.89
SUBTOTALS $50,000.00
$106,001.05
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 13 of 24
Page No: 3?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
04/30/2015

Green Bank
Bank Service Fee
2600-000

$569.31
$363,990.58
05/29/2015

Green Bank
Bank Service Fee
2600-000

$587.37
$363,403.21
06/30/2015

Green Bank
Bank Service Fee
2600-000

$567.50
$362,835.71
07/31/2015

Green Bank
Bank Service Fee
2600-000

$623.28
$362,212.43
08/31/2015

Green Bank
Bank Service Fee
2600-000

$546.79
$361,665.64
09/30/2015

Green Bank
Bank Service Fee
2600-000

$564.79
$361,100.85
10/26/2015
106
Furr and Cohen, PA
Interim fees and costs pursuant to Court Order entered 10/21/15 ECF#186
*

$29,701.59
$331,399.26



$(26,462.00)
3110-000


$331,399.26



$(3,239.59)
3120-000


$331,399.26
10/30/2015

Green Bank
Bank Service Fee
2600-000

$593.77
$330,805.49
11/30/2015

Green Bank
Bank Service Fee
2600-000

$499.38
$330,306.11
12/31/2015

Green Bank
Bank Service Fee
2600-000

$533.01
$329,773.10
01/29/2016

Green Bank
Bank Service Fee
2600-000

$532.15
$329,240.95
02/29/2016

Green Bank
Bank Service Fee
2600-000

$497.01
$328,743.94
03/31/2016

Green Bank
Bank Service Fee
2600-000

$530.49
$328,213.45
04/29/2016

Green Bank
Bank Service Fee
2600-000

$529.63
$327,683.82
05/31/2016

Green Bank
Bank Service Fee
2600-000

$511.72
$327,172.10
06/30/2016

Green Bank
Bank Service Fee
2600-000

$510.92
$326,661.18
07/29/2016

Green Bank
Bank Service Fee
2600-000

$527.13
$326,134.05
08/31/2016

Green Bank
Bank Service Fee
2600-000

$526.28
$325,607.77
09/30/2016

Green Bank
Bank Service Fee
2600-000

$542.38
$325,065.39
10/31/2016

Green Bank
Bank Service Fee
2600-000

$490.71
$324,574.68
11/30/2016

Green Bank
Bank Service Fee
2600-000

$506.87
$324,067.81
12/30/2016

Green Bank
Bank Service Fee
2600-000

$522.94
$323,544.87
01/31/2017

Green Bank
Bank Service Fee
2600-000

$522.10
$323,022.77
02/28/2017

Green Bank
Bank Service Fee
2600-000

$470.81
$322,551.96
03/31/2017

Green Bank
Bank Service Fee
2600-000

$554.08
$321,997.88
SUBTOTALS $0.00
$42,562.01
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 14 of 24
Page No: 4?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
04/28/2017

Green Bank
Bank Service Fee
2600-000

$469.32
$321,528.56
05/31/2017

Green Bank
Bank Service Fee
2600-000

$518.85
$321,009.71
06/30/2017

Green Bank
Bank Service Fee
2600-000

$534.72
$320,474.99
07/31/2017

Green Bank
Bank Service Fee
2600-000

$483.78
$319,991.21
01/30/2018

Internal Revenue Service
Claim #: ; Amount Claimed: 3,869.24; Amount Allowed: 3,869.24; Dividend: 1.20; Distribution Dividend: 100.00; Account Number: ; Notes: ;
5800-000

$3,869.24
$316,121.97
01/30/2018

Internal Revenue Service
Claim #: ; Amount Claimed: 16,719.84; Amount Allowed: 16,719.84; Dividend: 5.22; Distribution Dividend: 100.00; Account Number: ; Notes: ;
5300-000

$16,719.85
$299,402.12
01/30/2018
107
Furr and Cohen, PA
Claim #: ; Amount Claimed: 164,620.00; Amount Allowed: 164,620.00; Dividend: 13.28; Distribution Dividend: 100.00; Account Number: ; Notes: ;
3110-000

$42,524.00
$256,878.12
01/30/2018
108
Furr and Cohen, PA
Claim #: ; Amount Claimed: 6,093.61; Amount Allowed: 6,093.61; Dividend: 0.18; Distribution Dividend: 100.00; Account Number: ; Notes: ;
3120-000

$603.56
$256,274.56
01/30/2018
109
Marc P. Barmat
Trustee Expenses
2200-000

$836.48
$255,438.08
01/30/2018
110
Marc P. Barmat
Trustee Compensation
2100-000

$31,260.75
$224,177.33
01/30/2018
111
Marcum LLP
Claim #: ; Amount Claimed: 151,560.50; Amount Allowed: 151,560.50; Dividend: 22.23; Distribution Dividend: 100.00; Account Number: ; Notes: ;
3410-000

$71,158.50
$153,018.83
01/30/2018
112
Marcum LLP
Claim #: ; Amount Claimed: 1,515.86; Amount Allowed: 1,515.86; Dividend: 0.30; Distribution Dividend: 100.00; Account Number: ; Notes: ;
3420-000

$964.50
$152,054.33
01/30/2018
113
Internal Revenue Service
Claim #: ; Amount Claimed: 1,266.31; Amount Allowed: 1,266.31; Dividend: 0.39; Distribution Dividend: 100.00; Account Number: ; Notes: ;
5800-000

$1,266.31
$150,788.02
01/30/2018
114
Marc Massoglia
Claim #: 1; Amount Claimed: 11,725.00; Amount Allowed: 11,725.00; Dividend: 2.35; Distribution Dividend: 100.00; Account Number: ; Notes: ;
5300-000

$7,545.04
$143,242.98
SUBTOTALS $0.00
$178,754.90
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 15 of 24
Page No: 5?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
01/30/2018
115
Marc Massoglia
Claim #: 1; Amount Claimed: 83,275.00; Amount Allowed: 83,275.00; Dividend: 0.51; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$1,641.54
$141,601.44
01/30/2018
116
United Parcel Service (Freight)
Claim #: 2; Amount Claimed: 7,249.76; Amount Allowed: 7,249.76; Dividend: 0.04; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$142.91
$141,458.53
01/30/2018
117
United Parcel Service
Claim #: 3; Amount Claimed: 638.39; Amount Allowed: 638.39; Dividend: 0.00; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$12.58
$141,445.95
01/30/2018
118
R3 Accounting LLC
Claim #: 4; Amount Claimed: 3,700.00; Amount Allowed: 3,700.00; Dividend: 0.02; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$72.94
$141,373.01
01/30/2018
119
Brenner & Elsea-Mandojana LLC
Claim #: 5; Amount Claimed: 152,246.76; Amount Allowed: 152,246.76; Dividend: 0.93; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$3,001.16
$138,371.85
01/30/2018
120
Martin E Janis & Company, Inc.
Claim #: 7; Amount Claimed: 37,985.81; Amount Allowed: 37,985.81; Dividend: 0.23; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$748.79
$137,623.06
01/30/2018
121
Tirotta, Chris
Claim #: 8; Amount Claimed: 11,725.00; Amount Allowed: 11,725.00; Dividend: 2.35; Distribution Dividend: 100.00; Account Number: ; Notes: ;
5300-000

$7,545.04
$130,078.02
01/30/2018
122
Tirotta, Chris
Claim #: 8; Amount Claimed: 475,950.81; Amount Allowed: 475,950.81; Dividend: 2.93; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$9,382.16
$120,695.86
01/30/2018
123
David Sherer
Claim #: 9; Amount Claimed: 35,000.00; Amount Allowed: 35,000.00; Dividend: 0.21; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$689.94
$120,005.92
01/30/2018
124
Tirotta, Robert
Claim #: 10; Amount Claimed: 30,466.00; Amount Allowed: 30,466.00; Dividend: 0.18; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$600.56
$119,405.36
SUBTOTALS $0.00
$23,837.62
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 16 of 24
Page No: 6?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
01/30/2018
125
Mark R. Behr
Claim #: 11; Amount Claimed: 30,466.00; Amount Allowed: 30,466.00; Dividend: 0.18; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$600.56
$118,804.80
01/30/2018
126
Tirotta, Conni
Claim #: 12; Amount Claimed: 543,758.90; Amount Allowed: 267,921.23; Dividend: 1.65; Distribution Dividend: 1.97; Account Number: ; Notes: ORDER SUSTAINING OBJECTION TO CLAIMS ENTERED 10/06/15 ECF#181.;
7100-000

$5,281.39
$113,523.41
01/30/2018
127
Harold Wrobel
Claim #: 13; Amount Claimed: 490,000.00; Amount Allowed: 490,000.00; Dividend: 3.01; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$9,659.10
$103,864.31
01/30/2018
128
John Madril
Claim #: 15; Amount Claimed: 178,621.91; Amount Allowed: 178,621.91; Dividend: 1.10; Distribution Dividend: 1.97; Account Number: ; Notes: ORDER SUSTAINING OBJECTION TO CLAIMS ENTERED 04/29/16 ECF#201.;
7100-000

$3,521.08
$100,343.23
01/30/2018
129
Parvine Sadeghi
Claim #: 16; Amount Claimed: 86,622.49; Amount Allowed: 86,622.49; Dividend: 0.53; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$1,707.54
$98,635.69
01/30/2018
130
Technimed
Claim #: 18; Amount Claimed: 276,299.80; Amount Allowed: 276,299.80; Dividend: 1.70; Distribution Dividend: 1.97; Account Number: ; Notes: (18-1) Breach of Settlement Agreement;
7100-000

$5,446.55
$93,189.14
01/30/2018
131
Sichen a Ross Friedman LLP
Claim #: 19; Amount Claimed: 5,462.50; Amount Allowed: 5,462.50; Dividend: 0.03; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$107.68
$93,081.46
01/30/2018
132
Leonard C Ludwig
Claim #: 20; Amount Claimed: 79,562.00; Amount Allowed: 79,562.00; Dividend: 0.49; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$1,568.36
$91,513.10
01/30/2018
133
Felix Reznik
Claim #: 21; Amount Claimed: 89,702.62; Amount Allowed: 89,702.62; Dividend: 0.55; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$1,768.26
$89,744.84
SUBTOTALS $0.00
$29,660.52
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 17 of 24
Page No: 7?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
01/30/2018
134
Boris & Svetlana Reznick
Claim #: 23; Amount Claimed: 44,851.31; Amount Allowed: 40,277.40; Dividend: 0.24; Distribution Dividend: 1.97; Account Number: ; Notes: ORDER SUSTAINING OBJECTION TO CLAIMS ENTERED 10/06/15 ECF#182.;
7100-000

$793.97
$88,950.87
01/30/2018
135
Andrew Goldin
Claim #: 24; Amount Claimed: 89,702.62; Amount Allowed: 89,702.62; Dividend: 0.55; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$1,768.26
$87,182.61
01/30/2018
136
Omrani & Taub
Claim #: 25; Amount Claimed: 89,702.62; Amount Allowed: 89,702.62; Dividend: 0.55; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$1,768.26
$85,414.35
01/30/2018
137
Goldin, Alex & Mira
Claim #: 26; Amount Claimed: 358,810.48; Amount Allowed: 358,810.48; Dividend: 2.21; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$7,073.04
$78,341.31
01/30/2018
138
Yeskoo Hogan & Tamlyn, LLP
Claim #: 28; Amount Claimed: 110,253.47; Amount Allowed: 110,253.47; Dividend: 0.67; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$2,173.37
$76,167.94
01/30/2018
139
Justin Di Rezze
Claim #: 29; Amount Claimed: 50,776.67; Amount Allowed: 50,776.67; Dividend: 0.31; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$1,000.93
$75,167.01
01/30/2018
140
US Bank NA dba US Bank Equipment Finance
Claim #: 30; Amount Claimed: 6,093.71; Amount Allowed: 6,093.71; Dividend: 0.03; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$120.12
$75,046.89
01/30/2018
141
Daniel Levy
Claim #: 33; Amount Claimed: 11,725.00; Amount Allowed: 11,725.00; Dividend: 2.35; Distribution Dividend: 100.00; Account Number: ; Notes: ;
5300-000

$7,545.04
$67,501.85
01/30/2018
142
Daniel Levy
Claim #: 33; Amount Claimed: 6,275.00; Amount Allowed: 6,275.00; Dividend: 0.03; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$123.70
$67,378.15
SUBTOTALS $0.00
$22,366.69
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 18 of 24
Page No: 8?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
01/30/2018
143
Mammoth West Corporation d/b/a Mammoth Corporation
Claim #: 34; Amount Claimed: 27,101.00; Amount Allowed: 27,101.00; Dividend: 0.16; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$534.23
$66,843.92
01/30/2018
144
Concorde Capital Limited
Claim #: 35; Amount Claimed: 442,559.18; Amount Allowed: 442,559.18; Dividend: 2.72; Distribution Dividend: 1.97; Account Number: ; Notes: (35-1) Consulting fees - agreements attached;
7100-000

$8,723.93
$58,119.99
01/30/2018
145
Charles T. Lanktree
Claim #: 37; Amount Claimed: 774,000.00; Amount Allowed: 774,000.00; Dividend: 4.76; Distribution Dividend: 1.97; Account Number: ; Notes: (37-1) plus interest, costs and fees;
7100-000

$15,257.44
$42,862.55
01/30/2018
146
Peter F Lordi Jr.
Claim #: 39; Amount Claimed: 199,000.00; Amount Allowed: 199,000.00; Dividend: 1.22; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$3,922.78
$38,939.77
01/30/2018
147
Nicholas Quear
Claim #: 40; Amount Claimed: 43,000.00; Amount Allowed: 43,000.00; Dividend: 0.26; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$847.64
$38,092.13
01/30/2018
148
Morrissey, Patrick W
Claim #: 41; Amount Claimed: 11,725.00; Amount Allowed: 11,725.00; Dividend: 2.35; Distribution Dividend: 100.00; Account Number: ; Notes: ;
5300-000

$7,545.04
$30,547.09
01/30/2018
149
Morrissey, Patrick W
Claim #: 41; Amount Claimed: 13,228.14; Amount Allowed: 13,228.14; Dividend: 0.08; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$260.76
$30,286.33
01/30/2018
150
Donald Weidenfeld
Claim #: 42; Amount Claimed: 5,800.00; Amount Allowed: 5,800.00; Dividend: 0.03; Distribution Dividend: 1.97; Account Number: ; Notes: (42-1) funds advanced - see attached;
7100-000

$114.33
$30,172.00
01/30/2018
151
Nixon Peabody LLP
Claim #: 43; Amount Claimed: 4,869.00; Amount Allowed: 4,869.00; Dividend: 0.02; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$95.98
$30,076.02
SUBTOTALS $0.00
$37,302.13
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 19 of 24
Page No: 9?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
01/30/2018
152
Langtree Consulting Corp
Claim #: 45; Amount Claimed: 885,290.00; Amount Allowed: 762,090.63; Dividend: 4.69; Distribution Dividend: 1.97; Account Number: ; Notes: ORDER SUSTAINING OBJECTION TO CLAIMS ENTERED 10/06/15 ECF#179;
7100-000

$15,022.68
$15,053.34
01/30/2018
153
Southridge Partners II, LP
Claim #: 46; Amount Claimed: 43,425.00; Amount Allowed: 25,646.58; Dividend: 0.15; Distribution Dividend: 1.97; Account Number: ; Notes: (46-1) Promissory Notes
ORDER SUSTAINING OBJECTION TO CLAIMS ENTERED 11/04/15 ECF#191;
7100-000

$505.56
$14,547.78
01/30/2018
154
Daniel J. Schreiber
Claim #: 47; Amount Claimed: 59,780.00; Amount Allowed: 59,780.00; Dividend: 0.36; Distribution Dividend: 1.97; Account Number: ; Notes: (47-1) Promissory Notes;
7100-000

$1,178.41
$13,369.37
01/30/2018
155
Granite Financial Group LLC
Claim #: 48; Amount Claimed: 355,117.23; Amount Allowed: 355,117.23; Dividend: 2.18; Distribution Dividend: 1.97; Account Number: ; Notes: (48-1) Notes and Agreements;
7100-000

$7,000.23
$6,369.14
01/30/2018
156
Michael George Pension Plan
Claim #: 49; Amount Claimed: 25,000.00; Amount Allowed: 25,000.00; Dividend: 0.15; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$492.81
$5,876.33
01/30/2018
157
Schaffner Family Foundation
Claim #: 50; Amount Claimed: 50,000.00; Amount Allowed: 50,000.00; Dividend: 0.30; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$985.62
$4,890.71
01/30/2018
158
Hal B. Howard
Claim #: 51; Amount Claimed: 50,000.00; Amount Allowed: 50,000.00; Dividend: 0.30; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$985.62
$3,905.09
01/30/2018
159
Taconic
Claim #: 52; Amount Claimed: 17,768.00; Amount Allowed: 17,768.00; Dividend: 0.10; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$350.25
$3,554.84
SUBTOTALS $0.00
$26,521.18
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 20 of 24
Page No: 10?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
01/30/2018
160
Longside Ventures
Claim #: 53; Amount Claimed: 4,762.00; Amount Allowed: 4,762.00; Dividend: 0.02; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$93.87
$3,460.97
01/30/2018
161
Lucosky Brookman LLP
Claim #: 55; Amount Claimed: 92,302.00; Amount Allowed: 92,302.00; Dividend: 0.56; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-000

$1,819.50
$1,641.47
01/30/2018
162
Materna, Dr. Thomas
Claim #: 56; Amount Claimed: 53,580.00; Amount Allowed: 41,635.48; Dividend: 0.25; Distribution Dividend: 1.97; Account Number: ; Notes: ORDER SUSTAINING OBJECTION TO CLAIMS ENTERED 10/06/15 ECF#184;
7100-000

$820.74
$820.73
01/30/2018
163
Bennett, Don
Claim #: 57; Amount Claimed: 78,356.00; Amount Allowed: 41,635.48; Dividend: 0.25; Distribution Dividend: 1.97; Account Number: ; Notes: ORDER SUSTAINING OBJECTION TO CLAIMS ENTERED 11/30/15 ECF#197;
7100-000

$820.73
$0.00
02/12/2018
127
STOP PAYMENT: Harold Wrobel
Claim #: 13; Amount Claimed: 490,000.00; Amount Allowed: 490,000.00; Dividend: 3.01; Distribution Dividend: 1.97; Account Number: ;
Notes: CLAIMANT SEND EMAIL STATING HE NEVER RECIEVED HIS CHECK; STOP PAYMENT PLACED.
7100-004

($9,659.10)
$9,659.10
02/13/2018
155
STOP PAYMENT: Granite Financial Group LLC
Claim #: 48; Amount Claimed: 355,117.23; Amount Allowed: 355,117.23; Dividend: 2.18; Distribution Dividend: 1.97; Account Number: ; Notes: (48-1) Notes and Agreements;
7100-004

($7,000.23)
$16,659.33
02/13/2018
154
STOP PAYMENT: Daniel J. Schreiber
Claim #: 47; Amount Claimed: 59,780.00; Amount Allowed: 59,780.00; Dividend: 0.36; Distribution Dividend: 1.97; Account Number: ; Notes: (47-1) Promissory Notes;
7100-004

($1,178.41)
$17,837.74
SUBTOTALS $0.00
($14,282.90)
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 21 of 24
Page No: 11?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
02/14/2018
164
Harold Wrobel
Re-Issue Dividend Check#127 lost in transit per claimant; pro rata distribution on claim#13.
7100-000

$9,659.10
$8,178.64
02/14/2018
165
Granite Financial Group LLC
Re-Issue Dividend Check#155 lost in transit per claimant; pro rata distribution on claim#48.
7100-000

$7,000.23
$1,178.41
02/14/2018
166
Daniel J. Schreiber
Re-Issue Dividend Check#154 lost in transit per claimant; pro rata distribution on claim#47.
7100-000

$1,178.41
$0.00
03/12/2018
116
VOID: United Parcel Service (Freight)
Check returned - unable to locate.
7100-003

($142.91)
$142.91
03/12/2018
117
VOID: United Parcel Service
Check returned - unable to locate.
7100-003

($12.58)
$155.49
03/12/2018
120
VOID: Martin E Janis & Company, Inc.
Check returned - unable to locate.
7100-003

($748.79)
$904.28
03/12/2018
130
VOID: Technimed
Check returned - unable to locate.
7100-003

($5,446.55)
$6,350.83
03/12/2018
136
VOID: Omrani & Taub
Check returned - unable to locate.
7100-003

($1,768.26)
$8,119.09
03/12/2018
158
VOID: Hal B. Howard
Check returned - unable to locate.
7100-003

($985.62)
$9,104.71
03/12/2018
159
VOID: Taconic
Check returned - unable to locate.
7100-003

($350.25)
$9,454.96
03/12/2018
160
VOID: Longside Ventures
Check returned - unable to locate.
7100-003

($93.87)
$9,548.83
05/09/2018
113
VOID: Internal Revenue Service
Check returned due to payable to IRS instead of Department of Revenue because of software issue.
5800-003

($1,266.31)
$10,815.14
05/09/2018
167
Florida Department Of Revenue
Claim #: ; Amount Claimed: 1,266.31; Amount Allowed: 1,266.31; Dividend: 0.39; Distribution Dividend: 100.00; Account Number: ; Notes: ;
5800-000

$1,266.31
$9,548.83
05/29/2018
156
STOP PAYMENT: Michael George Pension Plan
Claim #: 49; Amount Claimed: 25,000.00; Amount Allowed: 25,000.00; Dividend: 0.15; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-004

($492.81)
$10,041.64
05/29/2018
146
STOP PAYMENT: Peter F Lordi Jr.
Claim #: 39; Amount Claimed: 199,000.00; Amount Allowed: 199,000.00; Dividend: 1.22; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-004

($3,922.78)
$13,964.42
SUBTOTALS $0.00
$3,873.32
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 22 of 24
Page No: 12?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
05/29/2018
134
STOP PAYMENT: Boris & Svetlana Reznick
Claim #: 23; Amount Claimed: 44,851.31; Amount Allowed: 40,277.40; Dividend: 0.24; Distribution Dividend: 1.97; Account Number: ; Notes: ORDER SUSTAINING OBJECTION TO CLAIMS ENTERED 10/06/15 ECF#182.;
7100-004

($793.97)
$14,758.39
05/29/2018
132
STOP PAYMENT: Leonard C Ludwig
Claim #: 20; Amount Claimed: 79,562.00; Amount Allowed: 79,562.00; Dividend: 0.49; Distribution Dividend: 1.97; Account Number: ; Notes: ;
7100-004

($1,568.36)
$16,326.75
07/11/2018

United States Bankruptcy Court
Unclaimed funds sent to bankruptcy Court - ECF#221
*

$16,326.75
$0.00



$(142.91)
7100-001


$0.00



$(12.58)
7100-001


$0.00



$(748.79)
7100-001


$0.00



$(5,446.55)
7100-001


$0.00



$(1,568.36)
7100-001


$0.00



$(793.97)
7100-001


$0.00



$(1,768.26)
7100-001


$0.00



$(3,922.78)
7100-001


$0.00



$(492.81)
7100-001


$0.00



$(985.62)
7100-001


$0.00



$(350.25)
7100-001


$0.00



$(93.87)
7100-001


$0.00
SUBTOTALS $0.00
$13,964.42
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
2/27/2012 7/11/2018
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
$560,214.95 $0.00 $560,214.95 $0.00 $560,214.95
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 23 of 24
Page No: 13?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
$560,214.95 $0.00 $560,214.95 $0.00 $560,214.95
Exhibit 9
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
TOTALS:?Less: Bank transfers/CDs
Subtotal?Less: Payments to debtors
Net
$0.00
For the period of 2/27/2012 to 7/11/2018
Total Compensable Receipts: $560,214.95 Total Non-Compensable Receipts: $0.00 Total Comp/Non Comp Receipts: $560,214.95 Total Internal/Transfer Receipts: $0.00
Total Compensable Disbursements: $560,214.95 Total Non-Compensable Disbursements: $0.00 Total Comp/Non Comp Disbursements: $560,214.95 Total Internal/Transfer Disbursements: $0.00
For the entire history of the account between 03/26/2013 to 7/11/2018
Total Compensable Receipts: Total Non-Compensable Receipts: Total Comp/Non Comp Receipts: Total Internal/Transfer Receipts:
Total Compensable Disbursements: Total Non-Compensable Disbursements: Total Comp/Non Comp Disbursements: Total Internal/Transfer Disbursements:
$560,214.95 $0.00 $560,214.95 $0.00
$560,214.95 $0.00 $560,214.95 $0.00
Case No. Case Name:
Primary Taxpayer ID #: Co-Debtor Taxpayer ID #: For Period Beginning: For Period Ending:
12-14640-JKO?AMERICAN SCIENTIFIC RESOURCES, INCO **-***0954
Trustee Name: Bank Name:
Checking Acct #:?Account Title:?Blanket bond (per case limit): Separate bond (if applicable):
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 24 of 24
Page No: 14?Marc P. Barmat
Green Bank
******4001 Checking $73,967,000.00
Exhibit 9
FORM 2?CASH RECEIPTS AND DISBURSEMENTS RECORD
2/27/2012 7/11/2018
1
2
3
4
5
6
7
Transaction Date
Check / Ref. #
Paid to/ Received From
Description of Transaction
Uniform Tran Code
Deposit $
Disbursement $
Balance
TOTAL - ALL ACCOUNTS
NET DEPOSITS
$560,214.95
NET DISBURSE
$560,214.95
ACCOUNT BALANCES
$0.00
For the period of 2/27/2012 to 7/11/2018
Total Compensable Receipts: Total Non-Compensable Receipts: Total Comp/Non Comp Receipts: Total Internal/Transfer Receipts:
Total Compensable Disbursements: Total Non-Compensable Disbursements: Total Comp/Non Comp Disbursements: Total Internal/Transfer Disbursements:
For the entire history of the case between 02/27/2012 to 7/11/2018
$560,214.95 $0.00 $560,214.95 $0.00
$560,214.95 $0.00 $560,214.95 $0.00
Total Compensable Receipts: Total Non-Compensable Receipts: Total Comp/Non Comp Receipts: Total Internal/Transfer Receipts:
Total Compensable Disbursements: Total Non-Compensable Disbursements: Total Comp/Non Comp Disbursements: Total Internal/Transfer Disbursements:
/s/ MARC P. BARMAT
MARC P. BARMAT
$560,214.95 $0.00 $560,214.95 $0.00
$560,214.95 $0.00 $560,214.95 $0.00

I just noticed this when Looked at a different page on PACER...


Doc.
No. Deadline/Hearing Event
Filed Due/Set Satisfied Terminated Hearing Judge

217 Objection to Trustee Report 01/02/2018 01/23/2018 01/29/2018
226 Objection to Final Report 7 08/09/2018 09/10/2018

So that looks like it means anyone has until September 9th to object to the TFR...
Which confirms the TRF was the report filed yesterday which is really great news.... and confirms what we guessed.

And we have a timeline... one month for objections...

Then we may see the close on it soon after that....

CW

Here is the last page of the report... the rest of the pages just show the deposits and disbursements.

TOTAL - ALL ACCOUNTS

NET DEPOSITS
$560,214.95

NET DISBURSE
$560,214.95

ACCOUNT BALANCES
$0.00

For the period of 2/27/2012 to 7/11/2018

Total Compensable Receipts: Total Non-Compensable Receipts: Total Comp/Non Comp Receipts: Total Internal/Transfer Receipts:

Total Compensable Disbursements: Total Non-Compensable Disbursements: Total Comp/Non Comp Disbursements: Total Internal/Transfer Disbursements:

For the entire history of the case between 02/27/2012 to 7/11/2018

$560,214.95 $0.00 $560,214.95 $0.00
$560,214.95 $0.00 $560,214.95 $0.00

Total Compensable Receipts: Total Non-Compensable Receipts: Total Comp/Non Comp Receipts: Total Internal/Transfer Receipts:

Total Compensable Disbursements: Total Non-Compensable Disbursements: Total Comp/Non Comp Disbursements: Total Internal/Transfer Disbursements:

/s/ MARC P. BARMAT
MARC P. BARMAT

$560,214.95 $0.00 $560,214.95 $0.00


CW

I posted the "nutshell" version but here it is even more streamlined...

"Marc P. Barmat, chapter 7 trustee, submits this Final Account, Certification that the Estate has been Fully Administered and Application to be Discharged. "

By that statement, I believe, he is applying that the case be discharged from BK.

CW

So I think the 24 page document included the request to close the case. I am now wondering how it will take for the judge to sign off on it.
Any guesses?
CW

Well what do you know...

PACER UPDATE. 24 pages so I can't past it all here but this is a giant step forward...

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF FLORIDA FORT LAUDERDALE DIVISION
§ Case No. 12-14640-JKO
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 1 of 24
§ American Scientific Resources, Inco § § § Debtor(s) §
CHAPTER 7 TRUSTEE’S FINAL ACCOUNT AND DISTRIBUTION REPORT CERTIFICATION THAT THE ESTATE HAS BEEN FULLY ADMINISTERED
AND APPLICATION TO BE DISCHARGED (TDR)
Marc P. Barmat, chapter 7 trustee, submits this Final Account, Certification that the Estate has been Fully Administered and Application to be Discharged.
1) All funds on hand have been distributed in accordance with the Trustee’s Final Report and, if applicable, any order of the Court modifying the Final Report. The case is fully administered and all assets and funds which have come under the trustee’s control in this case have been properly accounted for as provided by law. The trustee hereby requests to be discharged from further duties as a trustee.
2) A summary of assets abandoned, assets exempt, total distributions to claimants, claims discharged without payment, and expenses of administration is provided below:
Assets Abandoned: $9,710.00
(without deducting any secured claims)
Assets Exempt: NA
Claims Discharged Without Payment: NA
Total Distributions to Claimants:
Total Expenses of Administration:
$172,643.42 $387,571.53
3) Total gross receipts of $560,214.95 (see Exhibit 1), minus funds paid to the debtor(s) and third parties of $0.00 (see Exhibit 2), yielded net receipts of $560,214.95 from the liquidation of the property of the estate, which was distributed as follows:
UST Form 101-7-TDR (10/1/2010)
Case 12-14640-JKO Doc 226 Filed 08/09/18 Page 2 of 24

I don't see it either...

CW

It is a roller coaster ride, William but we have nothing to lose by just waiting for a bit longer.

Why would they make so many updates to OTC?

Why would they bother with that?

I think they are hitting unexpected bumps with that but are trying to take care of them. Once that happens and the STOP is removed, maybe a PR will be released...

Here is to hoping...

CW

I just read through the list of PRs and there is not one lie in there...Not one... At the very worst, there are a few missed timelines which is not uncommon for companies taking on new things and do not have the experience to accurately represent how long things take to accomplish.
They never said they ended up using their Hemp for the oil...They said their product was carefully formulated to meet purity requirements. They said they sent their formulations out to be made by an outside company but hoped to be do that step in-house.

No lies at all...

CW

I fully agree with you, Tony...

CW

Cheers... Yes, I do...
Hopeful is the way to be...
Sooooonnnnn!!!!!!

CW

I am not so sure anymore though I appreciate the positive energy...

CW

https://backend.otcmarkets.com/otcapi/company/financial-report/198187/content

CW

5 billion?

CW

Because originally, Howard Taylor was on the board of RedHawk... and he was connected to ASFX... so it probably had something to do with the surprised BK filing...

CW

Would they do a reverse merger into RedHawk?

CW

So I wonder if Reznick helped RedHawk acquire the patents...

https://finance.yahoo.com/news/redhawk-acquire-needle-disintegrator-tm-141500006.html

This was from 2015

Or has something else transpired that involves Brooklands returning the patents to the public shell...

Who knows...?

Or does Brookands have the No-Contact Thermometer and RedHawk, now Independence Energy, have the NDD... Reznick helped with the NDD transfer to RedHawk...

CW