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Re: toogoodfella post# 110853

Tuesday, 04/23/2024 9:43:36 AM

Tuesday, April 23, 2024 9:43:36 AM

Post# of 110983
RE: REMEMBER, THE GOAL IS TO DISTRIBUTE ALL ASSET UNTIL SATISFY IN FULL

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POR DID NOT SAY TO WAIT UNTIL LBIE, LPC CASES IS OVER TO SATISFY THE CREDITORS.

CREDITORS GOT ALL THE MONEY THEY DESERVE IN THE LAST DISTRIBUTIONS

NOW, LBHI IS BROKE AND WILL NEED A FRESH CAPITAL TO START.

POSSIBLY THE FRESH CAPITAL IS FROM THE CREDITORS THEMSELVES BECAUSE CREDITORS ARE REQUIRED TO SELL DOWN SOME OF THEIR CLAIMS IN ORDER TO QUALIFY FOR THE NOL EXEMPTIONS TO COD INCOME.