Golden Mountain Financial Holdings Corp. (fka FNBCQ)

[investsen]

I don't think the naked shorting here is done for accumulation. Probably some inexperience traders are doing this in the hope that the shares will be wiped out. If shorting is done for accumulation, no one would try with heavy volume.

I am very much optimistic about this FNBCQ case. It is not like UWBK case. Here the FDIC did not challenge the debtor for the NOL. FDIC wants to use only 75 Million tax assets for ITR.

In the initial filing, The company had accumulated nearly 340 million tax assets through Dec. 31, 2016.Additionally, federal estimates suggest that First NBC's operating losses for 2017 are expected to exceed $700 million.

I am waiting to see some info on joint plan.