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Re: newflow post# 90257

Wednesday, 07/29/2020 11:49:03 PM

Wednesday, July 29, 2020 11:49:03 PM

Post# of 111356
LBHI eventually needs to issue the subordinated notes back to our Capital Trust through the Nasdaq or an exchange. They can either do that or redeem our preferred shares. The CTs are not dischargable.

If it were not for Waske and Wu, I truly believe LBHI and the Plan Administrator would have discharged the 10b claim without reissuing the subordinated debt back to us.


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