InvestorsHub Logo
Followers 0
Posts 4053
Boards Moderated 0
Alias Born 09/06/2011

Re: Argus63 post# 79611

Thursday, 07/12/2018 2:16:30 PM

Thursday, July 12, 2018 2:16:30 PM

Post# of 111021
Docket 55796 .pg. 41 of original report. This is the BS filing and not da closing sub filing lol....da devil threw da goobers a curve ball...HEHEHAHA....go figure...devil


Wind Down Expenses

The estimates herein assume that costs will continue to be incurred to monetize remaining financial assets, resolve outstanding litigations and disputed claims, and to execute the wind-down of operations. As the inventory of remaining assets is reduced, the Company expects that it will continue to focus on the management and resolution of claims, pursuit of outstanding litigations, and administrative winddown activities. This continued focus is reflected in these Post-D12 Cash Flow Estimates for Compensation & Benefits and Professional Fees for litigation, claims resolution, and wind-down activities. The estimates herein reflect the assumption that although the preponderance of final asset dispositions, resolution of remaining disputed claims, pursuit of outstanding litigations, remaining collections from Non-Controlled Affiliates, corporate entity dissolutions, and financial and tax reporting requirements will be completed by the end of 2019, these Post-D12 Cash Flow Estimates include an estimate for residual activities that may extend beyond 2019.

Post D12 numbers are estimates on expenses that they will need post final financial and tax reporting. These are most likely immaterial litigation that can last post 2019 and longer. Most likely, if we win these cases, the winnings and remaining assets post D12 will be donated. Da devil was told someone also tried to take the wind down and donations out of context as well. So, goobers do your DD. All of it.....and read and be patient......go figure...devil
- hide quoted text -

On Thursday, July 12, 2018 at 10:30:26 AM UTC-5, littlede...

it was on this board on the other thread that got locked. Scroll down.

On Thursday, July 12, 2018 at 12:51:57 AM UTC-5, swissch...

LD what i the name of the other board you posted the nov/19 date on? trying to find it, thanks

On Monday, July 9, 2018 at 4:56:14 PM UTC-7, littlede...

Seys...da devil is here...in all da plays da devil is in...da devil DDed....dat it.....if da devil dinks its unworthy...da devil will not even waste a second on it....trifecta goobers...mark it...judge it...da devil stand by it....good luck...to us all....in fnf and here....fnf is hitting up on some rocks...both plays can use some news.....fnf needs some good news too....otherwise.....back to sleep....go figure....devil


On Monday, July 9, 2018 at 6:09:28 PM UTC-5, seysmont wrote:

LD, your words into God's ears. I have to play Devil's advocate to see holes in the argument.

On Monday, July 9, 2018 at 4:09:32 PM UTC-4, littlede...

All you can do is play da risk reward. All this you said about the trustee is the same for da conservator. That is why there is risks. Those averages are with other trustees that might have had their CTs placed more favorably and it also includes trustees that submitted to a clamdowns. It is an average. My DD tells me at 1.2 billion I can make RV in a NOL play. And with da sub debt reissue at less than RV da devil is looking at 5-10% averages....could be less no doubt...but seysmont....there will be a payment, if there is any value after the discharge....Da devil will take da risk reward gamble here from da low end (subdebt reissue) of 2 million to RV of 25 million or anywhere in between.....heck...at a dollar, current pps is at .065 is more than what the unlimited commons will make LOL definitely more than the 50s or 25s.....% wise....nice chatting goober....risk reward....go figure...devil