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And what happens if the trustee agrees to

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Eli's Gone Member Level  Friday, 07/27/18 12:54:57 PM
Re: BenK post# 48886
Post # of 50559 
And what happens if the trustee agrees to your "extension"---and the FDA says "go fish"--and AS is then worth the same as a '47 Packard hood ornament?...

the trustee, in consultation with Shannon and the Marshalls, agreed to allow the company to continue to the point where the next step is out of their hands---to "bet" on a positive outcome at that point is not in his purview and a dereliction of his duty...and yes, the current value of the asset depreciates every day as admin claims mount..

creditors can petition a Chapter 7 change to an 11---tell Eddie to get a DIP funder and go for it--he started this sh!t...

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