There is no going concern company. Nothing is emerging as Lehman 2.0 No NOL's can be applied to a business that doesn't exist. Creditors are at about 47% paid. You're not getting paid. Go figure...
Very Plausible IF LBHI bought up a TON of CTs, a portion of which they may then use, in addition to New Common Stock, as 'Currency' to 'satisfy Creditors', as part of the 'Close of the BK'.