echo iambroke. your info and take is more than of interest. any back up would definitely be nice to look at. many of us have been sitting and waiting for reasonable updates in such data and explanations of what has gone where and for what considerations/under what conditions. we have received nothing! the new pr's are encouraging as far as they go - namely, just to know that "someone" is doing "something". but the questions regarding the note(s), any likelihood of collection/payment and the form that would take, ownership and operation of the leases and properties formerly(?) held by PGPM, and the status of ACLY (and explanation of the reason for and purpose served by that company) remains absent and overdue. disclosure of ownership of any JV companies or companies trasacting with PGPM (vis' a' vis' principal owners of PGPM)would also be appropriate. as of now, all be have is a new kind of chatter, from a new (we assume) source, without any substance as far as explanations to the "outsider" shareholders of what we have, what we have lost and why, what is expected to be recovered and how, and a detailed business plan. these are the same questions which have been raised and gone unanswered for years - would you invest in a partnership without any of such information - and only upon used car salesman rhetoric? i think not. thank goodness that we will all be happy, "soon"! wish that mantra would work as well in my line of work (not really).
laz (the frustrated and skeptical, yet moronically still hopeful - at least for some genuine and meaningful answers).
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