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Thursday, September 26, 2019 4:03:07 PM
Brian Rosen: …someone might oppose that application to close the case under the theory that there are in fact additional assets available for distribution. You and i and others have talked at, round and round, several times over. We are unaware of any additional assets, although people keep talking about that. But, we would like to bring that to closure and we would like to close the case.
This is so funny!!!!!!!
Hosen, we know there is no money, but instead of settling for 65k in cash, we will give him 65k shares in class 22.....There is no money....so why give cash whne we can just give certificates that are worthless. something for nothing........What hosen is not saying is, "Your Judge Mattress, LTI has no more money to give out....since all the lawyers will milk the remaining 25m or just hand what is left in bonuses to all LTI personnel....."
So think about it, why are people settling for certificates in P or U's and not cash.....
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