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Re: BBANBOB post# 40583

Thursday, 01/11/2018 10:08:18 AM

Thursday, January 11, 2018 10:08:18 AM

Post# of 59391
......entire settlement process is on course..............ITR dispute caused the delays, but we understand will be settled soon..............

.......and, if the FC to uwbi conversion amounts are set (unfortunately, that 1/150, total)...................our payouts are increasing along with the stock.......................

.......looks like about $2.80 per, +/-, assuming $400 p/s of frankie's hot and steaming packed fudge........(but our stock is actually worth $440 per, so we're ok)............

.......problem is GUY may have locked in a conversion amount in our "pre-packaged" BK...................looked good at the time...........

......would be some missing funds, however......$178.2mm in sale proceeds, $53mm to priority claimants.........leaving a balance of $125mm, BUT WE ARE ONLY GETTING ABOUT $80mm worth of fudge...............we might still get the $40mm, in cash, but very doubtful, imo............dudes who set up this deal are too shrewd.........................aimho......................








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