Replies to post #2712 on AgFeed Industries Inc. (fka FEEDQ)

[mrholty]

I just don't trust many sets. What the hell are they doing? Nothing of value. The US assets have been sold. The only thing left is China and none of them are over there.

Many on here don't like WallStreet but hes been on an EC and from what I have watched of BKs the lawyers do well irregardless of the company/debtors/everybody. This feels like they are doing a turn for their friends.

Auction of China assets - mid November.
Confirmation early December -
POR or conversion from Chapter 11 to 7 - mid January?

I bet these guys bill + debtors attny bill $5M bucks among them all for this case which is disgusting. Add in the amount for the exec's to get paid $.5M in bonuses on selling their failing business and its damn criminal.

[moneyman51]

Completely correct Disco on the use of the specialized lawyers. Am I still skeptical of lawyers? You bet your blank. But I understand the reason for the additional.