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camaro4me

07/18/13 6:18 PM

#27770 RE: winner79 #27767

"The distributions to CLASS 10B was being redirected to the senior creditors until the 53 Billion POR VALUE is satisfied in full. The remaning POR VALUE which maybe satisfied in full on September 2013 fourth distributions is presently more than 5 billion and 4 billion of which will be paid from the subsidiaries funds."

Comfort food.
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scoreoneortwo

07/19/13 8:41 PM

#27788 RE: winner79 #27767

Music to my ears. I will retire is preferred are paid also.

"LBHI has huge assets, CASH and PROPERTIES. There are more than enough assets to pay the CT's including the dividends with compounding interests, and the Preferred and Common stocks."
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rlinterests

07/21/13 2:55 PM

#27838 RE: winner79 #27767

The distributions to CLASS 10B was being redirected to the senior creditors until the 53 Billion POR VALUE is satisfied in full.



So, what is to say that LBHI has not already made payments in full to the CT"s {paid off], or will by September prior to the closing of the POR, and reallocated or will redirected these payments to senior creditors, thus, leaving them with no obligation at all to the CT's.