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MPTIU82

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MPTIU82

Re: raam08 post# 3032

Wednesday, 12/03/2008 12:27:59 PM

Wednesday, December 03, 2008 12:27:59 PM

Post# of 6451
Hearings in Santa Ana Court do not begin until 10 AM PT. That is in 38 minutes. Nothing known yet.

Tentative rulings prior to case hearing are not final rulings. Change of BK attorney to Hauser representing Cobalis principals and shareholders will allow Hauser and Cobalis management to present new plan to court for Cobalis to repay debtor Cornell (asssmed negotiated settlement) per a plan, and outline Cobalis plan for funding source to begin manufacture and sale of Pre-Histin as a viable commecial entity going forward. If is a negotiated settlement to repay Cornell debt and plan is approved, should allow dismisal of conversion from BK 11 to BK 7 by court.

Again no news as the hearing has not even begun yet.
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