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Post# of 60937
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litton51

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litton51

Re: throckmorton post# 60801

Wednesday, 09/10/2014 12:29:37 PM

Wednesday, September 10, 2014 12:29:37 PM

Post# of 60937
No. There is no time limit set by the court.

The "year and a half left" meme resulted from a roll-up of a corporation such as this taking a typical three years (Feb 2013 - ?? 2016). There is no such timetable in reality. It's up to the judge and the Receiver, who does not seem in the best of moods. Some of the remaining time will be given to alleged creditors filing claims. We stockholders? Bupkis, most likely. And Daic loses nine figures (ouch!)
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