Golden Mountain Financial Holdings Corp. (fka FNBCQ)

[fredscott36]

.....appears to me that DEBTOR/holding company is simply drawing a line in the sand to preserve the BK 510(b) subordination........AND beginning to set up compliance with IRS Rules 365/366 and 382 - - which allow for NOLs to be transferred.................................

.....imo, someone is on the ball.....................this stuff is very complicated and might be way beyond the skills of the FNBCQ BK counsel.................but, whatever..............................

.....ALL good for the FNBCQ shareholders................that $3.5mm that was taken out of the bank could become a problem...........FDIC wants this back................ASAP...................and doesn't want that money to become a claim in the BK, imo........................

.....ALL GOOD...................we have three more years of this stuff......................aimho..................