Golden Mountain Financial Holdings Corp. (fka FNBCQ)

[fredscott36]

.......Mr. Vitok: best case, imo, would be 18 months to 2-years..........FDIC probably sues the D&Os for the bonding payment and the tax returns have to be re-filed............HANCOCK-WHITNEY has to be sold on the FDIC program........................the failed bank itself has standing to sue and probably will......................

......could be 3+ years....................but for four pennies per........still a great gamble...................

....also, the new OCC CHIEF, Joseph Otting, is a long-time banker who hated the FDIC (OCC is over the FDIC).............and "O-JOE" has already taken the fangs out of the FDIC...............and wants all aggressive FDIC/bank litigation CLOSED OUT........ASAP......................this might accelerate FNBCQ's plight.............but it could also close the door with no ITR and no NOL sale and a WIPE-OUT for common stockholders..........like TODAY.........

.....crap shoot.............dunno.....................aimho...........