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4Duxs

10/06/25 1:10 PM

#115017 RE: toogoodfella #115012

Thx TooGood, I appreciate your response. That is a bit reassuring. Hopefully, the operating group will also emerge, maybe the LAMCo group.
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SwissCheeseAccount

10/09/25 12:58 AM

#115035 RE: toogoodfella #115012

>>NOW ACCORDING TO THE AMENDMENT, FOUR TRUSTEES WILL GO AND THREE WILL REMAIN.THE FOUR TRUSTEES THEN WILL BE REPLACED BY >>LBHI DIRECTORS.
CERTIFICATE OF INCORPORATION WAS ALSO AMENDED TO ALLOW LESS THAN SEVEN DITECTORS.LBHI IS NOW IN CONTROL.

I am not sure on the entire chapter 11 process, but All of this + NOL preservation seems to be a bit much if LBHI's plan was to simply not pay all the creditors and close shop. I could be wrong, but to me personally this all seems to point to some end game reorganization.

JMHO
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indepth05

10/10/25 8:34 PM

#115081 RE: toogoodfella #115012

Connecting dots...To Da Moon....

1. LBHI won’t return as a traditional bank
• LBHI has been in wind-down mode for years.
• No regulatory capital, no retail or commercial banking licenses in operation.
• Any attempt to “restart” as a normal bank would require massive regulatory approval, recapitalization, and licensing—highly unlikely.

2. But a pivot to digital currencies is plausible
• Consider the pieces in place:
1. Solvent subsidiaries like LBIE ? can hold assets, trades, and contracts.
2. Existing trust structures ? allow controlled asset management and distributions.
3. Amended trustee structure ? LBHI directors can control operations behind the scenes.
• This setup is perfect for experimenting with digital assets, tokenized securities, or crypto-related financial operations, without the constraints of a traditional banking model.

3. How LBHI could “participate” in digital currencies
• Digital asset management: Using LBIE or trust assets as capital for tokenized investments.
• Settlement and clearing infrastructure: LBHI’s historic trading networks could be adapted for blockchain-based settlements.
• NOLs or tax attributes: Any retained tax assets could support a digital platform or fintech structure.
• Investor-facing entity: Could be a “digital trust” or regulated crypto fund instead of a bank.

4. Why Amendment 4 and trustee changes matter
• By reducing independent trustees and allowing LBHI directors in control, they can:
1. Make strategic decisions for asset deployment.
2. Integrate LBIE’s assets into digital ventures without waiting on creditor approval.
3. Preserve value while experimenting in fintech or crypto space