Sunday, July 26, 2020 2:30:42 PM
Let’s see, I’m paying attention to “JOVI”, He / She is up to date on the one remaining “debtor” ... and any remaining claims needing to be settled, would have pressure from the others to get it done ... everyone’s waiting
As far as lengthening the Holding Company’s Liquidation Trust timing, I don’t see that as any big deal ...
In my opinion, the “Implementation” of the Plan of Reorganization (POR) is the driver ... and if’ I were to guess, that could easily be done sooner rather than later ... or, by years end on the long side’ ... My Opinion
Equity class commons (OBS) will probably have a wait’ ... but ? In my opinion, once the POR is implemented, the market will take control of the price of a CT very, very, very, quickly ... their fixed income quarterly dividends will go back to normal, and as sinking funds, whatever cash has been, misappropriated, taken, miss used, used, whatever etc., doesn’t matter, ... those funds, if used, will need to be paid back to a “Pre POR Implementation” holder, like you (and me) ... and there’s ten years maximum plus interest to do that as well ... on top of the fixed income dividends and their $25.00 base values ...
AZ
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