Wednesday, August 08, 2012 3:26:26 AM
"At this time it is not anticipated that any distribution will be made to the LBHI Plan Trust or to any beneficiary of the LBHI Plan Trust."
"To any beneficiary", means more that one equity holder of the LBHI Plan Trust other than the 1 common share.
Now, I see how you keep this topic going by playing with words:
"Wow, jshuy posts information that supports my assertion that sub bonds are debt and not part of the 1 share equity which proves you wrong."
1) One would say "not part of the 1 share equity plan trust?" But that would prove me right. Well, you want to play with words.
2) Nothing else can be part of a "1 share equity" because it is not a trust.
3) Preferreds, commons, and your subordinate bonds are a part of the LBHI plan Trust. The 1 common share is only one equity component of the LBHI Plan Trust.
I only responded because I like to pick information apart.
Have a nice day and keep up the good work! I am glad that we are on the gray market and not trading. We are locked in for keeps. LOL
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