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Re: None

Wednesday, 04/17/2019 10:10:35 AM

Wednesday, April 17, 2019 10:10:35 AM

Post# of 2603
.....imo, bottom line: long, long road of legal wranglings.........first off, FDIC wants that $3.5mm returned................awaiting POR (?) plan which will become a POL.................BK process is underway, outside of the overall POR/POL..............................then the $105mm ITR could be processed as part of amended income tax returns.........ITR WHICH GOES TO THE FDIC, per the uwbkq ITR prcedent currently at SCOTUS..................

.....and the FDIC, imo, controls whomever even wants to buy the HOLDCO NOLs, which can only be HANCOCK-WHITNEY BANK.............which is the entity, via WHITNEY, that bought the failed bank from the FDIC......and the purchase price, imo, is only like 18% of the face of 5-years' worth of losses................

.....need lots of patience for this MONSTER.....................and the FDIC SEIZED the bank which had a lot of problems.........tax credit lendings which soured, bigtime..........

..............sure, pick up at least a few hundred thousand shares while you still can...............I PERSONALLY might have a chunk, but my advice is to AVOID.........don't buy any, but don't sell if you have some...........









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