Replies to post #1341 on Golden Mountain Financial Holdings Corp. (fka FNBC

[LGL8054]

I agree, when UWB filed to reorg and after a few months change it to a full BK #7, They will still have to pay up to $53 Million for unsecured claimants as long as there is money to pay and then the shareholders may be paid.

NBC looks like they may have a NOL about 1 Billion and after the unsecured claimants get paid approx 100 Million then there may be approx $900,000,000 less cost for the shareholders.....But watch out for the Lawyers looking for a free lunch, they all follow the money.