Replies to post #8593 on Octave Specialty Group Inc (OSG)

[Chimaera1950]

sorry, duplicate post

[Chimaera1950]

Kurupt, can you briefly explain "secured" and "unsecured" claims
concerning ABKFQ and the settlement case, please?

I bought and sold 1000 shares, roughly, in November, 2008, and I am curious as to the meaning as it applies to the payment.

From what I glean from reading lawyer-talk, it appears to me the common shares that were injured at that time will get 11% or less,
as a settlement. But, of course, I'd take that as, "a hundred bucks is a hundred bucks".

Also, your reference to Dec. 8 as a court date seems too far in the future, is that correct?

Thank you for your time and considerations!

C

[AugustaFriends]

ABKFQ - This could be the reason the PPS has risen past week.

Please someone check my understanding of Lawsuits documents which are 110% confusing; Any lawyers here?

We will know if Current Shares will be honor on the

-- Bankruptcy Court hearing relating to the confirmation of the Plan has been rescheduled for February 15, 2012.

There was a major Lawsuit Against the NOTICE OF FILING OF EXHIBIT G TO THE SECOND AMENDED CHAPTER 11 PLAN OF AMBAC FINANCIAL GROUP, INC.

It appears that the Biggest OBJECTION against has been withdrawn. FILED on the 12th of JANUARY 2012 - next day PPS rises 66%



Notice of Withdrawal re: Notice of Shareholder Motion for Entry of an Order to Overturn the Court's Order of 10/5/11 Approving the Second Amended Disclosure Statement Filed by AFGI on 9/30/2011

http://www.kccllc.net/documents/1015973/1015973120112000000000001.pdf



This is the proposed Share / Warrant by the company - (from what I understand the current shareholders will be able to turn their shares into the NEW STOCK. There will Also be warrants issued, that with certain time can be converted to Common Shares.

http://www.kccllc.net/documents/1015973/1015973111005000000000003.pdf