![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, October 18, 2022 10:41:10 AM
The "Interest" generation (not dividends), shows consistently, however it appears that the "interest" is able to be used by the holding company, as each individually listed distribution date per CT passes (4 CT's, 4 individual quarterly interests earned dates)
I don't think we will get back interest. The reason being they did pay the quarterly interest to the CTs but the monies were diverted to pay the senior creditors in the pecking order from Class 1-9.
Now, it seems like we are close to LBHI emerging out of Ch 11, there is a decent chance that the quarterly dividend gets assigned to the CTs and the monies will be flowing into the CT holders accounts. So, end of the last quarter and going into the new year is the new date I am going to propose we look forward to since that seems to be the case here for the past many years. Someone proposes a new date in the future and everyone gets their hopes up and waits for that date. Now, let's rally around my date of Jan 1st, 2023 LOL!
The CT's remain listed and their individual interest generation recorded' ...
my opinion is the same, ... once LBHI emerges from BK, and a "newco" is put together in order to facilitate the NOL's (common shares) moving forward ... the quarterly individual CT's interest earnings will begin to be issued back to the holders', instead of the holding company ...
AZ
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM