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Re: None

Wednesday, 08/20/2014 10:22:34 AM

Wednesday, August 20, 2014 10:22:34 AM

Post# of 59900
...FCNCA/p pooling with UWBKQ, captures NOL...................

...this is my final answer..........and not one 'involved' party has denied my prognostication nor any similar arrangement........

...tons of complications and as with other publicly-traded stocks, in BK FCNCA/p and UWBI must dance around the IRS and the SEC........and in our case, the FDIC and OCC.............................there two '18-month' provisions in the NOL and the like-kind stock pooling.........one of the 18-month rules applies to a time limit - - the stock pooling, we understand, must occur within 18 months of the closing date for Claimants............................the other 18-month rule pertains to debtors must have had the qualified debt for 18 months prior to the BK filing.....................

...bottom line: we are nearing the 15th month from the 2nd call for claimants...............and there is probably a 30-day +/- window from the announcement to the closing..................so WE - WE have fewer than 60 days to CLOSE THE DEAL.......................and the FDIC wants the deal closed...............................

...there it is.........someone's OPINION........only........







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