Replies to post #989 on Vantage Drilling Company Common Shares (VTGDF)

[Alpha1974]

Hi Chico,

There are two sides, VTGDF(VDC) and VDI.

VTGDF(VDC) was the controlling company of the Trust, which had VDI(at that time they were OGIL)as a subsidiary. Now VDI is the controlling company of the Trust and VTGDF is a subsidiary.

VTGDF will be in the trust after they get out of Liquidation as a subsidiary to VDI.

Since VTGDF is in Liquidation right now and do not have any apparent liabilities or assets, because they are in Liquidation the only liabilities they could not sign over to VDI is the common shares.

Common Shares are the only thing they will have to compensate for.

Thanks to the VDI's paper trail of SEC filings we can see the actual assets that VTGDF have and what the potential payout will be.

KPMG/VTGDF are joined at the hip right now in Liquidation and do not update share holders via SEC reporting, so the only way we can see what VTGDF has is by reading the SEC filings of VDI.

I do not trust KPMG, for the simple reason they do not post SEC filings.

Hope this helps, feel free to ask any other questions you might have.

BTW sorry for the long explanation.