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56Chevy

06/15/10 8:19 PM

#1674 RE: Enterprising Investor #1673

Review objections to disclosure statement filed by various equity holders and request for appointment of equity committee on 5/11/10.

Right on...that would be everyones letters! They had to like what they were seeing!

SK spent a great deal of time on Plan and Disclosure Statement tasks. Fees for this segment of work was $47,966.50. Total billings for May was $110,092.

Man are you underpaid!

drsandcrs

06/16/10 2:47 AM

#1678 RE: Enterprising Investor #1673

Since liquidation will provide $1.11 cash per share

and book value is north of $2.50 per share ...

how much will the competing plan being considered by SK offer current equity holders per share ......

if SK presents or recommends anything less in a competing plan than liquidation value, in cash, for all equity shareholders, they should refund their legal fees immediately ....

IMO, MMPI is on its way out of BK, equity intact at $2.50 less legal fees ....

not quite sure the legal fees being paid are worth it at this stage ....

still prepared to get longer MMPI as the opportunity presents itself from here ....

good luck to all IHUB posters, readers and followers



LouMannheim

06/21/10 8:20 AM

#1743 RE: Enterprising Investor #1673

The letter campaign must have played a role the appointment of the OEC. Has a large shareholder or third party contacted you directly?