HomeBanc Corp. (fka HMBNQ)

[Cuppy]

Seems pretty clear that we get nothing:

The Debtors' Bankruptcy Cases have proceeded as liquidating Chapter 11 cases since the Petition Date. As of the date of this Disclosure Statement, the Debtors believe that more funds are likely to exist after the prosecution, collection or settlement of certain causes of action if the Bankruptcy Cases continue in Chapter 11 than if the Banlauptcy Cases were converted to Chapter 7 for completion. Insufficient funds exist and no prospect of sufficient additional funds exist to allow for any payment to common shareholders regardless of whether the Bankruptcy Cases are completed under Chapter 11 or Chapter 7 of the Bankruptcy Code.

(I am more than happy to be proven wrong on this...)

One thing that puzzles me is the date on this document: April 30, 2008. Could it have been suppressed until yesterday?

Cuppy