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Jade2010

01/23/13 9:17 AM

#113194 RE: RSPennyStocks #113192

Note on page 56, 6% is the %
to Class 3. See pg. 59 which states,
"if rejected, the recovery to Class 3 Unsecured Creditors under a alternative plan or liquidation will likely result in little or no distribution to Class 3 Unsecured creditors."

Facsimile & electronic transmissions acceptable as well.
Even @ 6%, what is it a percentage of, without knowing, how can we object?

Chiron

01/23/13 9:24 AM

#113197 RE: RSPennyStocks #113192

Remember, the BOD here is corrupt to the core.

goroyce

01/23/13 9:27 AM

#113199 RE: RSPennyStocks #113192

In my opinion there is NO chance that we won't get anything. I think this deal reprensents the "rock bottom" deal for us and if we send our Objections to the court then we could see a different outcome. If this plan is approved by the court then our vote is redundant because this plan will pass even if we all vote no. Our only chance is to convince the judge that our objections are valid for many of the same reasons the SEC objected in the first place. We can not wait on the SEC or FBI because our money is affected by this NOW. If you read the filing prior to this one it limits the remedies that we could recieve if we do not object to this plan. It also states that each attorney representative must recive a copy of the objection along with the court and that you MUST be present at the hearing. If you are in the New York area then I am begging you to file an objection with the court. I also ask that each one of us file objections even if it is impossible for you to attend the hearing so that the Judge can hear our voice. Yes they are being investigated but the outcome of that could be a very long time from now. We must act!