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Re: MrchntDeth post# 3558

Monday, 05/02/2011 4:14:34 PM

Monday, May 02, 2011 4:14:34 PM

Post# of 8307
You don't have to check any box regarding releases, but if you want to elect stock in lieu of cash (if we win @ trial in Sept.) then you must file this form with your broker indicating such election. If you do not want stock then there is no need to file at this time unless you want to release these SB’S from their fiduciary liability.
My question:
Does anyone know the difference in item3 OPTIONAL Exchange Election Between?’
Check the Box I: Elect to receive Reorganized Common Stock in lieu of Creditor Cash
And
Check the box 2: Elect to receive Reorganized Common Stock in lieu of Cash to be received on account of Liquidating Trust Interests.

Is this either or, or can you choose both? I called the Kurtzman number and either got double talk or someone pretending to know but had no clue???

Thanks in advance!
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