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1manband

03/28/19 11:34 PM

#66642 RE: broken_clock #66641

It IS all gone.

The extension is because, at the time, the two secured creditors had not agreed to the split of the $4.3 million.

And the other reason is that PwC needs to hold their nose and deal with that insane motion filed by that insane nutjob on Facebook who owns $18 worth of stock and claims his "DD" says the contracts are worth billions of dollars. It is very sad that the court has to waste their time, and PwC waste the creditor's money, hearing the motion filed by that lunatic on an ego trip.
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I-Glow

03/29/19 5:31 PM

#66695 RE: broken_clock #66641

The secured creditors aren't made whole so the May 2019 time is for the secured creditors to agree on how the assets will distributed.

The unsecured creditors - get nothing and the Equity holders will have their shares canceled.

A few posted a old document from May 2018 - that was quickly exposed as a attempt to create false security - but only novice investors were fooled.

IG