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Re: AKAPAK post# 4784

Wednesday, 12/29/2010 4:27:06 PM

Wednesday, December 29, 2010 4:27:06 PM

Post# of 4858
No answer. I did a little more digging, and Mellon seems to be trustee for certain other interests, not ours. The other interests held the big loans, which held the equity in Aleritas.

Still......

The indication is that sales commissions are being paid out under the collective aggreement. That should mean that Brooke Companies are getting a pro-rata distribution of Aleritas money after the creditors are paid. We can certainly hope, but it might be a long, long wait.

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