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Re: RJM427 post# 23908

Thursday, 08/08/2013 5:42:42 PM

Thursday, August 08, 2013 5:42:42 PM

Post# of 59608
RJM427,

To reply to your questions:
"The Board was opposed to filing the NOA, it was filed only for the purpose of the trustee given time to review the case"

"The government will not settle any case of this type", "there in no settlement".


"I have reviewed everything with the trustee AND....BS,... we have areas where we are trying to get assets "pushed" into the estate, I cannot state there will be assets moving to equity or any class. However the same 62 million you state as claimants in class 1-7, in the chapter 11 are not necessarily claimants in chap 7. They need to have proof of claims to recover at all. (Ques regarding having to submit claim), "I cannot give you any legal advice."

"There is no way the government would settle this or any other similar case"

All of the above are considered non-public info that are material to this ongoing bk case since it may influence the decision of a claimant, a share seller, a holder, a buyer or other.
eg. The appeal has been withdrawn - this is public info.

Anyone, please correct me if I am wrong. [IMHO]



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