AgFeed Industries Inc. (fka FEEDQ)

[mrholty]

Wall- I had a long response written up that got rejected.

Why do you use the claims register? I had the register @ $127M.

I have been using what they had used when they filed which had $22M at the parent company, and $63M at the subsidiary. Assuming the cash on hand $4.5M pays for professional fees and I assume that $8M in cash from China will pay for some Chinese debtors and nothing else. The whole issue at this point is the claims.

I am starting to lean toward your assumption in the fact that originally AF Sellco was $8.2M and in the claims register it was $8.6M and I had a note that Farm Credit was $58M not the $69.6M in the claims register. Even assuming most of the small claims are for stockholders which will be denied.

Since you've been at the table let me ask a question. Who reviews the claims in detail (math, leases, etc)?