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Thanks for the update toogoodfella!
Git er Done!
Awwww that's too bad, here's your hat and coat Joe, let me get that door fer ya...what's yer rush? Ok now buh bye...oh sorry, didn't mean to clip your ankle like that! Anyways, you take care now and we'll see you down the road.
Way to go Argus! Nice find sir.
Confused me? No sir. I’m not confused.
mates, is there a point you're attempting to make with the reposting of this 2009 article?
Cheers!
just an FYI sharing with the fine and loyal folks on this board...
Hi Jim,
It was active at one point and serves as the domain for our emails. To my knowledge the site is no longer current or available to access. However it will remain an asset of the Estate.
The Estate uses Epiq as its public communication platform.
www.lehman-docket.com
Yours
Kim
Kimberly Macleod
LBHI
office: 646-285-9215
cell: 917-587-0069
kmacleod@lehmanholdings.com
On Sep 24, 2020, at 4:40 PM, James ***** <*******@gmail.com> wrote:
Hi Kimberly,
I just read the latest press release and noticed your email address with lehmanholdings.com as a domaine. I checked into it but nothing from lehmanholdings.com appears when i type it into google chrome.
Is there a lehmanholdings.com site?
Cheers!
Jimbo ****
thank you joyceschoice!
nice article...
I've been involved in Bitcoin and Cryptocurrencies since 2013 and it appears this fintech category is slowly being structured and regulated by tradition institutions like NYSE, CHASE and many others...
I read recently that regulators just passed a rule that ALL USA banks can now custody cryptos...just a matter of time before the dollar (and all other paper fiats) go away and this new form of currency takes its place. I do hope LBHI is involved in this transition to the new economy...that would be so ironic for the bank that is blamed for the collapse to be involved in the rise from the ashes...
Cheers!
Yeah that would be big!
And if you take the right drugs you can use your vomit bag as a golf club! Keep dreaming!
Your "prayers" have actually already been answered...
The "miracle" has already occurred...
Now you/we must simply wait for the revelation (i.e. beautiful news)...
The coming tsunami is near. keep the faith and buy all you can afford.
good luck!
LOL...that's in my dreamland scoreoneortwo...
only in my head.
wouldn't that be great though? LBHI rises from ashes to resume full operations BUT does NOT accept US Dollars...only CryptoCurrency.
Check this out and read the article...
https://medium.com/goldencurrency/in-1988-the-economist-predicted-golden-currency-in-2018-e57009c9aa1d
https://bitcoin.com.au/1988-economist-magazine-prediction-come-true/
"IT IS HEREBY STIPULATED AND AGREED, by and among counsel for the parties
hereto, that this Action is hereby dismissed against the Defendant with prejudice, with each
party to bear its own costs and attorneys’ fees.
Dated: New York, New York
August 24, 2020 "
the 5 year extension is scary for these open cases, so they are settling in droves now...
I wouldn't want 5 more years of legal fees...
wasn't that the point of LBHI Plan Trust?
to separate it from LBHI in order to liquidate the assets and ultimately, the plan trust? It says so IN THE PLAN TRUST! LOL...
Otherwise why separate it and make the Plan Trust...when you could have just liquidated to the bare bones like that Rug and Carpet dealer does all the time...80% off...Everything must go!
LBHI would have finished that in 2010! But no...it's 2020 now and LBHI want to RETURN to bidness and open a Cryptocurrency Bank. That would be so cool. Bitcoin invented 2008 > LBHI bankruptcy 2008 > LBHI rises from ashes 2020 > Bitcoin and Crypto banking system established with LBHI 2021!
Git r Done
A VERY positive and noteworthy gesture of goodwill and faith from KW & PW here from BIEL financials...
NOTE 4 – COVID-19
In March 2020, The World Health Organization declared the outbreak of a novel coronavirus
(COVID-19), as a pandemic which continues to spread throughout the world. BioElectronics was
forced to curtail its manufacturing, shipping and distribution operations in the second quarter, like
many medical device companies with a global logistics network, due to COVID-19. Furthermore,
the global slowdown in retail consumer demand severely restricted sales operations for many of our
distributors, resulting in their postponement of scheduled device re-orders. Regulatory operations
across the medical device industry were suspended, delaying our efforts to renew our CE mark.
While COVID-19 continues to negatively impact operations, and it is difficult to project the future
impact, we are experiencing some positive trends toward normalcy (see Note 16 – Subsequent
Events). As a result of the financial uncertainty presented by COVID-19, and with their commitment
to grow BioElectronics into a profitable enterprise, two of the Company's largest stakeholders, IBEX
LLC and St. John's LLC, have decided to forgo interest on their convertible notes for 2020, reducing
the Company's interest expense by $393,796 through June 30,
2020. Additionally, the CEO, Kelly
Whelan, has forgone $67,500 in deferred compensation during the six months ending June 30, 2020.
yes good point! cancellations are a very good thing...keep scratching stuff off the list.
Cheers!
what were they planning on chit chatting about mr. goodfella?
was it just a kaaauffee taaawlk?
maybe in URANUS?
the 5 year extension is likely a ploy to scare the crap out of any current litigants. I saw a few dockets the other day that indicated the ploy is working and settlements are moving fast. LBHI can wait another 5 years, but the opposition can not. very costly in time and money to fight another 5 years.
Lets get this thing wrapped up and get back to bidness without debt and no taxes until 2040! (est.)
Cheers
Am I almost RICH Toogoodfella?
Tell me we do NOT wait another 5 years!
That's a crazy curveball we didn't plan on...
5 year extension after the judge tells Wu this thing is wrapping up. What a joke...
if she allows a 5 year extension, she is a moron and not in control of her court. I realize LBHI told her it's already approved by IRS and they do not need her approval, but she should deny it and tell LBHI...wrap it up.
If she does not say that, I will be in the camp with the guys that say she is "corrupt"...sure smells like it.
Cheers
You are correct the guarantee states IF there is money in the trust, the CTs will be paid guaranteed 100% by LBHI.
But there is NO MONEY in the Trust.
LBHI has emerged from bankruptcy but as you are fully aware is still under the courts thumb to ensure they pay out all available funds to the waterfall.
Classes 10-12 will HOPEFULLY ONE DAY become reinstated with new shares in a Newco with NOLs for no corporate taxes for the next 20 years.
HOPEFULLY, that’s the way it turns out...but I have my doubts. Who would have thought they would ask for another 5 years! I hope Toogood is right and they only take a few months. They may be mucking with us...just because they can.
Yes please send me your invoice and I will pay it right away...go wait by your mailbox for my check. Have a good night! Thank you for the freebie WAG!
Would you be so kind to explain what this means?
“At $103B NOL, it zeros out for Common. “
Cheers!
that scenario sounds pretty amazing to me!
It is in fact the very reason I originally bought LBHI common shares in 2008,09 and 2012 before cancellation...
I had a FEELING LBHI would return...after all the Bankruptcy was 100% Bullshit...never should have happened and it will return, soon I hope.
tell me again how filthy rich i'm going to be toogoodfella?
I want to hear it at least weekly!
Gotcha, thanks for that!
Cheers
yes of course...agreed 100%
$50B NOL = $50B in future tax offset, so therefore worth $50B
WOW! very nice explanation toogoodfella...
Hopefully one day we celebrate this crazy thing with a Vegas party and we all get to meet in person and have a big belly laugh!
Joisey Boy is buying ALL the drinks ALL night long...
Cheers Brother!
Thanks! Any idea what it all means?
My conspiracy theory mindset is working overtime tonight!
nice interesting find newflow!
what is a "DST"again?
Cheers
I'm not so sure the Waske appeal will be heard by a judge before July 31, 2020 (30 days away), but that is the date rescheduled for the LBHI aid in execution...
cheers
hey brother toogood...
do you really believe the closing of the POR is being delayed due to the waske/wu hearings?
LBHI has rescheduled the aid in execution motion several/many times since 4th quarter 2019 and throughout 2020 with the last one rescheduled til end of July 2020. So it is due to these hearings?
asking for a friend...
cheers!
Agreed! Very nice work Slim!
Keep digging...
From 2012 thru 2018 there was nothing but zeros reported each year for each of those categories.
Cheers!
what should we read into not having a 2019 statement...yet?
the 75 days is long overdue. hoping it's a good thing and we find out what's what at the July 1, 2020 hearings in aid of execution...
LBHI Plan Trust Reporting
Pursuant to § 3.6(a)(i) of the Plan Trust Agreement, and the letter sent to each stockholder in
August and September of 2012, within seventy-five (75) days following the end of each calendar
year or as soon as practicable thereafter, the Trustees will annually furnish to each beneficiary a
separate statement setting forth the holder’s share of items of income, gain, loss, deduction, or
credit, if any, for U.S. federal income tax purposes by posting on our website, at www.lehmandocket.com and shall provide instructions to report such items on their federal income tax
returns.
our last statement...
GRANTOR AND BENEFICIARY STATEMENT
LEHMAN BROTHERS HOLDINGS INC. PLAN TRUST
277 PARK AVENUE, 46TH FLOOR
NEW YORK, NY 10172
FOR THE TAX YEAR ENDED DECEMBER 31, 2018
110% agreement
I hope it happens in 2020!
their employee company stock (commons) were "at risk" in the exact same way our commons shares were at risk.
They need to settle down and understand LBHI is coming back and they will be paid in new shares and they will be RICH...like me!
and I believe it will rise again...
Otherwise why go through all this Ch.11 bankruptcy complexity???
Of course it was to protect the NOL's and put them to good use in a NEWCO! I didn't expect it to take 12 long years, but what the heck...
If NEWCO happens later this year or in 2021 that's OK by me!
I say Git r' Done!
excellent explanation toogoodfella!
your English has greatly improved over the past DECADE! LOL
Please just remind me on a monthly basis how RICH i'm going to be one day!
Cheers