Luminent Mtg Cap Inc (fka LUMC)

[b3]

And the $45M REIT dividend,which was due all the shareholders from last year, plus any additional amounts for 2008, goes where? In paid Fed Taxes, instead of to shareholders? When you convert a long-standing REIT with undistributed dividends into BK, while simultaneously driving the stock value down, do you then allow this new LLC to steal all the value? If the company was really worth nothing, then why the new LLC??
A BK should be a BK for everyone. Shareholders deserve a piece of any new company emerging from the ashes of LUM.