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jhdf51

12/29/10 9:06 PM

#266825 RE: Yanik #266824

Yep..good point! If Susman and Co can't come up with proper valuations after all the help some super intelligent shareholders have sent them....god help us! lol

This thing is being won by the shareholders...not Susman...so far...or it seems.lol
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fsshon

12/29/10 10:45 PM

#266827 RE: Yanik #266824

I informed awhile back the reason the letters take awhile to get recorded is because of the delay in the amount of time the clerks need to read the letters, discern the info contained within and take their contents to chambers (if need be) for THJMW to know about. Larger letters take much more time than 2 page ones.

As for why the letters tend to get lost for awhile. The Court is aware of cetain shareholders who are writing letters with substance in them. The Judge wants her clerks to read the letters and inform her of the ones they feel she should take a look at.

I wrote a letter (shareholder meeting) and it took 4 weeks before it was recorded, the clerks are aware of certain shareholders in this case and THJMW is very aware of what is going on.

Also it is the Holidays and the courts are running on a "skeleton crew."

An NOL New Year is a Coming.

~Don~
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JMac9

12/30/10 9:24 AM

#266848 RE: Yanik #266824

I agree that SS is holding his PJS play close to the vest, and it makes sense it would be unveiled in a competing/new POR.

I don't know Rosen's next move, but I suspect he may somehow avoid the ruling on this POR if he believes JMW will rule against it, just like with the SJ. I don't know how he would/could do this. It might not be possible. I'm not a lawyer. Is he trapped yet?

What I'd like to see if settlement to include equity is not reached first is the POR denied and JMW state her ruling on certain matters. Rule on the SJ, the tax returns, BOLI/COLI ownership, NOL clarification, the interest rate issue, and that securities be valued at current market prices, for starters. I would like her to ask about valuation of the wind farms, real estate under WMI, the art, and intellectual property. If she rules according to law before she asks about these valuations, then it should be clear for all to see there is plenty of money to put equity 'in the money' by far.