.....too many legal under-currents to handicap this corpse..........at present.......the preliminary hearing on the 1st BK pleading was moved back to August......the 11 will have to be amended to a 7, etc........there are angry priority BK claimants..........$65mm worth, although there was $100mm in that bogus BOD CRP letter prior to the seizure............
......FDIC CONTROLS 100% of whatever happens with FNBCQ, imo......100%, other than the specifics of the NOL pricing, but the free market determines much of that........89% of the max corporate tax rate.......5 years of losses available and 5 years to capture........EZ MATH............
.....my suggestion: give the FDIC back its $3.50mm and sign a retainer agreement with VENABLE LLP, a law firm out of DC.........file suit against the FDIC, if venable LLP supports.............PLAY HARDBALL WITH THESE AHs................or your FNBC stock will soon = x.xx.......per........
...........tons have to happen before any payout............get a chunk of this offal, cheap......put it in a drawer and forget about it for a couple of years........................aimho................
.....off the record, if the uwbi TRUSTEE wins the income tax refund back from the FDIC................FNBCQ could spike up to 50-cents per.......FNBCQ ITR = $100mm and few legal hoops to get.........NOL sale is a monster, legally and logistically...........aimho.........
