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Re: Joe Stocks post# 69350

Monday, 08/22/2016 12:02:15 PM

Monday, August 22, 2016 12:02:15 PM

Post# of 111238

What 15.2 basically says is that if LBHI owns some assets they can be packaged in an entity and have shares issued. Those shares would then have a value placed on them and then distributed to creditors as to the plan.



You must be kidding??
Right?

And why don't they simply liquidate those " assets" instead of "packing" it in an entity, issue shares and distribute to creditors?