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Enterprising Investor

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Re: None

Friday, 05/24/2019 12:03:53 AM

Friday, May 24, 2019 12:03:53 AM

Post# of 386
Post-petition Accumulated Interest Income totals $6.7 million.

This includes only about $4.5 million of $30 million in certain Owner Trust residual interest distributions that may require Bankruptcy Court ruling to resolve ownership issues. To be conservative, TMST has not recorded a $25.5 million receivable or the related income.

Thus, there is the potential to recover up to $25.5 million towards the end of the case.

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

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