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Re: toogoodfella post# 89122

Tuesday, 06/30/2020 12:15:00 PM

Tuesday, June 30, 2020 12:15:00 PM

Post# of 110848
All I am saying is that there are clauses and garanties in the prospectus that state amongst other things that:

1- CTs cannot be discharged, even in a bankruptcy.
2- The interests cannot be witheld for more than 20 quarters.

It has been many more than 20 quarters that the interests have not been paid to the CTs which is a disrespect of the covenant.

If on top of that they discharge the CTs then this would be a total breach of the contrat. I just cannot understand why these facts are just being ignored and that we are sitting in class 10-B and that our distributions are being funneled up to the higher classes.