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Re: LGL8054 post# 40983

Thursday, 03/15/2018 10:39:10 AM

Thursday, March 15, 2018 10:39:10 AM

Post# of 60154
......the original FCNCA SEC filing was for 200,000 shares............then the SHELF REGISTRATION for 800,000 shares followed...........those were simply broad filings...................submitting SEC forms is loosey-goosey.............wiggle room..........it's not like filing information with the FDIC - - that is serious biz..........no F/-ing around with those ladies...........................

.......and since the UWBI project is in litigation, FC isn't required to disclose much, if any information, to the SEC..............sorry..........

.....and FC is only going to REMIT or CONVERT its stock to uwbi cusip holders IN AN AMOUNT agreed to by the BK TRUSTEE and the purchaser of the DEBTOR's assets.......................

.......for example, assume FC agreed to buy the uwbi entities for $178.83mm...............that's the deal........pay the PRIORITY claimants $53mm....................and the balance in STOCK, or CASH to uwbi cusip holders........................FC pays in stock.........$125mm........288,000 shares............1/98...........THE END................crystal clear.............................







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