Home > Boards > US OTC > Banking and Finance > KBK Capital Trust I 9.50% TruPS (KBKCP)

Canter Hanger LLP represents the trustees of the

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Enterprising Investor Member Level  Wednesday, 05/08/19 06:49:56 PM
Re: Enterprising Investor post# 23
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Canter Hanger LLP represents the trustees of the KBK Capital Trust I.

On 4/30/19, the firm sent letters on the trustees' behalf to holders of the TruPS in an attempt to locate all residual ownerships interests in an effort to ultimately wind up administration of the trust.

There is a response sheet to fill out and email or send back via a SASE.

The letter details that less than 10 percent of the original 1,725,00 TruPS remain beneficially owned by holders not affiliated with United States Growth Funds Corporation (fka KBK Capital Corporation).

Most importantly...

"If you are interested in initiating the process of exploring the sale of your interests to the Company, please let us know."

Finally, the financials are in the mail. The letter states 2017, but I think it would be 2018.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
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