Replies to post #20239 on United Western Bancorp Inc (fka UWBKQ)

[maxoliver]

Yep, it's my money and I am not selling. I own xxx,xxx shares.

You are correct.

The point I was trying to make was the same due diligence that a BK trustee applies to a notice of dividend should be applied to all BK trustee driven correspondence with creditors.

I read some court rules a while back related to a post on this board about the notice of potential dividend that was issued by the BK court (probably early May timeframe) and the rules said the BK trustee needs to do their DD prior to issuing such notice.


Why waste money sending a notice of a revised claims bar date if there is no money to pay the 96 creditors. But like a few other posters said this is is the law and it's applied regardless.

Yet another great example of our inefficient govt wasting money and helping the BK Postal Service out.

AIMHO BWTFDIK...

[looking 4 a win]

Geez AZCowboy, I feel like I just got lectured by my grandfather about the value of a dollar.

Don't get me wrong, you do make good points, but after this amount of time and energy spent on this board, I don't care if your Guy himself! I'm not budging till I see the court doc.

Not for not, but the logic of risk and the market itself could be applied to ANY stock. The odds are just better here IMO.

Thanks