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Re: PenelopePitstop post# 2157

Thursday, 01/07/2010 2:55:36 PM

Thursday, January 07, 2010 2:55:36 PM

Post# of 7698
Who owns the shell is still to be determined. However, to answer your question; that is what Linares, the BK attorney for PFOB/BooKoo holdings told me two months ago. She then went on to tell me it is up to the BK trustee to finalize it.

Due to the fact he saw no assets in PFOB, the shell, he closed/terminated the case. That is in the BK docs which are public.

Yaquinto/Linares confirmed it with Layla on Monday. The shell goes to the shareholders. I was not part of that conversation, but I trust Layla.

That is you and me. Whomever is the individual or group that has been buying these shares over the past couple of months have dibbs to the shell. That is what we are being told as of today.

Keep in mind, we are not making this up. We are only relaying to the thread what the BK Trustee and BK attorney has told us up to this point.

Management gave up all their rights to the BK trustee when they filed Chapter 7. It is the BK trustee's hands to decide what he wants to do with the shell.

As of Monday, he is turning it over to the shareholders. The one with the largest position gains control of the shell.

It is not that we don't want you to call the BK trustee to verify it all. We are as anxious as the next person to finalize the exchange of the shell.

If what we have all concurred to come to frution; you as a shareholder will actually own a piece of the shell.

When we see the actual transfer of the shell, that will validate all.

Don't shoot the messenger if it doesn't happen. I am only telling you what has been told to us. Unfortunately, it is the Docs we are waiting on to verify it all. None of this is insider info.

It is making calls to the BK trustee and BK attorney. Keep in mind, they are very, very, busy people. It tooks us hundreds of calls for them to even get back to us.
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