Savient Pharmaceuticals Inc (fka SVNTQ)

[kg2931]

I attended and represented my filed objection at "the hearing" this morning by telecon. I'll mention a little on that in Yahoo today.

Don't understand your: "deals made for the debt owed, and there are some subsidiaries that are not part of the BK". Any/all proceeds from bankruptcy will go to creditors and like know shareholders last. So, how would other "deals" and "subsidiaries that are not part of the BK" have any entitlement to of the proceeds?

As of 6/30/13 Savient had 73M shrs of common stock outstanding. According to the 10/14 filing, there are still (were?) "debt securities held by more than 500 holders". So yeah, it is "interesting that more shares haven't traded" but I don't know how we find out how many shrs are still outstanding and/or how many of the "500 holders" are still holding. I know I'm still holding.

I hope that you are right in this case that, "rare that there aren't surprises in a BK case". I am sticking around and hoping for a miracle to return some of of the my investment on my now worthless shares ($98,200 CB!).