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benosufan

11/24/21 9:45 AM

#30258 RE: meidiot #30257

You would have to talk with the receiver. The filings list all of the loans but only give little detail of each. Looks like NDA's were signed by truly interested parties who were given access to "data room". Looking forward to this portfolio being sold next year and maybe this ticker eventually sold. IDK...potentially a lot of stuff for the buyer to sort through before selling. But maybe the receiver already knows where the ITKH assets are located (if any left) and their value...let's hope.

1. Sale of the Loan Portfolio

In September 2021, the Receiver engaged B. Riley to facilitate the sale of the loan portfolio. B. Riley prepared marketing materials and sent solicitations to its extensive network of financial professionals and potential purchasers to participate in the sales process. These parties
included investors, hedge funds, and private equity firms. Thirty-nine investors expressed interest in the opportunity, and twenty-four ultimately executed Non-Disclosure Agreements (“NDA”) and were given access to the data room. Seventeen potential investors continue to conduct due diligence on the loan portfolio in preparation for the bidding process. The Receiver and his counsel have met with prospective purchasers upon request to answer their due diligence inquiries where appropriate. The Receiver plans to set final bidding rules and deadlines in the next few weeks.