AICI Capital Trust 9% Pfd (fka AICPQ)

[goldcanyon341]

I'm a little miffed by the number $1,426,235.17 as a distribution. The reason being that in docket 641 filed on 11/12/2019 the Trustee is clearly identifying Deutsche Bank Trust Company for a proposed payment of $1,729,616.30 at this time. That would leave a remaining balance of $75,234.26 in the Trust to cover operating expenses.

Deutsche Bank Trust filed claim #67 in the bankruptcy and its allowed claim is $119,704,189.92 or $31.5426 per each Trust Preferred share.

$1,729,616.30
-$1,426,235.17
______________
$303,381.13

We will have to wait and see what happened to the $303,381.13.