JD is going to pony up a cool quarter mill to help fund the reorg plan.....straight from the court docket.
A. FUNDING THE PLAN The Plan shall be funded by a cash payment of $250,000 payment made by J.D. McGraw on the Effective Date ("Plan Deposit"). The Plan Deposit shall be used to make payments to Creditors with Allowed Administrative Claims and to make payments to Creditors with Allowed Unsecured Cliams in Class 1 under the Plan.
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