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Joe Stocks

09/23/14 1:57 PM

#49512 RE: daisyxu #49508

26% was it. You could not claim over $50,000 in bonds. It was designed to get rid of all the small bondholders. I happened to have $50k in three different accounts so I could go for class 6a on all three accounts, plus my business partner's account. Keep in mind they were saying the estimated recovery for class 3 was 21.1%. I jumped at getting 26%, plus I did not have to wait. Got my full payment on the 1st distribution.