Brooke Corporation (fka BXXXQ)

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temp luvs amy Free

02/23/12 1:25 AM

Post #806

Re: #805: @AKAPAK - Thanks for updates. Own both but 10x

It's purely a statistical observation of court calendars which suggests that these issues will be resolved in a more current timeframe.

That is to say, we'll know soon enough, and not any sooner. I am estimating that these issues are about to resolve in another few months, based on the activity. The WaMu case made significant strides in the last month, and our calendar is sequentially relevant.

AKAPAK

02/22/12 2:16 PM

Post #805

Re: #804: @temp luvs amy - It doesn't look good for Brooke holders, but

Thanks for updates. Own both but 10x more Aleritas.

Any recovery would be nice :)

temp luvs amy Free

02/22/12 2:03 PM

Post #804

Re: #803: @AKAPAK - Thanks for the heads-up.

It doesn't look good for Brooke holders, but I think I remember you from Aleritas, so I replied to you and triggered your email.

According to one article, the trustee has collected $10 million in funds to pay $100 million in claims on the Brooke accounts.

I figure that most of the collected funds were found in Aleritas, and that Aleritas stockholders will be entitled to a distribution. Approximately 60% of the Aleritas stock was held by Brooke.

I am keeping my fingers crossed, but the math looks good. If $10 million is the 60% which passes through to Brooke, then Aleritas is quite substantial. If Aleritas only gets 40% of 10 million, It still ain't half bad for those who bought cheap.

They haven't exactly been "transparent" on any disclosures to the public, and there are still lots of suits on the calendar.

AKAPAK

02/17/12 5:43 PM

Post #803

Re: #802: @temp luvs amy - Court decisions are showing up on the web.

Thanks for the heads-up.

temp luvs amy Free

02/17/12 12:10 PM

Post #802

Re: #794: @AKAPAK - WAKE UP - trade @ .045 and some

Court decisions are showing up on the web.

http://www.leagle.com/xmlResult.aspx?xmldoc=In%20BCO%2020120202842.xml&docbase=CSLWAR3-2007-CURR

rgard32

02/27/10 4:44 PM

Post #801

Re: #800: @temp luvs amy - Did you owe money to Brooke, or is

brooke sold everything before they filed bankruptcy.and released us from everything..BUT didnt tell the bank..

NOW the bank/banks are suing ALL THE FRANCHISEES NATIONWIDE!

temp luvs amy Free

02/21/10 4:12 PM

Post #800

Re: #799: @rgard32 - Anyone being sued by the banks that hold

Did you owe money to Brooke, or is it an unrelated lawsuit?

rgard32

02/21/10 11:55 AM

Post #799

Anyone being sued by the banks that hold brookes loans???

im being sued by dz bank

Stock

11/16/09 1:38 PM

Post #798

Final filing April 17, 2009 by BROOKE CORP CIK#: 0000834408

http://www.sec.gov/Archives/edgar/data/834408/000000000009020229/0000000000-09-020229-index.htm

http://www.sec.gov/Archives/edgar/data/834408/000000000009020229/filename1.pdf

Via Facsimile and U.S. Mail

Mail Stop 6010

April 17, 2009

Mr. Travis W. Vrbas
Brooke Corporation
Chief Financial Officer
8500 College Boulevard
Overland Park, KS 66210
Re: Brooke Corporation
Item 4.01 Form 8-K
Filed September 25, 2008
File No. 001-31698

Dear Mr. Vrbas:

We issued comments to you on the above captioned filing on September 26, 2008.

As of the date of this letter, these comments remain outstanding and unresolved. We
expect you to contact us by May 1, 2009 to provide a substantive response to this
comment or to advise us why you are unable to respond and when you will be able to do
so.

If you do not respond to the outstanding comment or contact us by May 1, 2009,
we will, consistent with our obligations under the federal securities laws, decide how we
will seek to resolve material outstanding comments and complete our review of your
filing and your disclosure. Among other things, we may decide to release publicly,
through the agency’s EDGAR system, all correspondence, including this letter, relating to
the review of your filing, consistent with the staff’s decision to release publicly comment
letters and response letters relating to disclosure filings it has reviewed. You can find
more information about the staff’s decision to release filing correspondence at
http://www.sec.gov/news/press/2004-89.htm and http://www.sec.gov/news/press/2005-72.htm .

You may contact Tabatha Akins, Staff Accountant, at (202) 551-3658 or Joel
Parker, Accounting Branch Chief, at (202) 551-3651 if you have any questions regarding
the comments. In this regard, do not hesitate to contact me, at (202) 551-3679.

Sincerely,

Jim B. Rosenberg
Senior Assistant Chief Accountant

Stock

11/16/09 9:46 AM

Post #796

Re: #795: @scion - 34-61004 Nov. 16, 2009 Brooke Corporation and Brooke Capital Corporation

No surprise. Thanks for posting that.

scion

11/16/09 9:45 AM

Post #795

Re: #788: @Stock - Revoked? Not as far as I know.

34-61004 Nov. 16, 2009 Brooke Corporation and Brooke Capital Corporation

Accordingly, it is hereby ORDERED, pursuant to Section 12(j) of the Exchange
Act, that the registration of each class of securities of Brooke and Brooke Capital which are
registered pursuant to Section 12 of the Exchange Act be, and hereby are, revoked.

By the Commission.
Elizabeth M. Murphy Secretary

http://www.sec.gov/litigation/admin/2009/34-61004.pdf

AKAPAK

11/03/09 3:08 PM

Post #794

Re: #791: @lifegear - did they just cancel that trade or change

WAKE UP - trade @ .045 and some @ .02 today. What'a up?

Estrella

11/03/09 3:08 PM

Post #793

BXXXQ @ .045!
wink

Estrella

09/25/09 7:23 AM

Post #792

Re: #791: @lifegear - did they just cancel that trade or change

They change it to .004 according to Bigcharts. Witch is good for the chart. But my portfolio was pretty for some mins, lol.

Nice to see you Life!
;)

lifegear

09/24/09 10:32 PM

Post #791

Re: #784: @Estrella - BXXXQ @ .40! On 690 shares...

did they just cancel that trade or change it to .004?

Stock

09/24/09 6:52 PM

Post #790

Re: #789: @lifegear - there was a trading suspension earlier together with

I didn't know that. Or maybe I did and forgot. Either way, sorry I wasn't much help

lifegear

09/24/09 6:50 PM

Post #789

Re: #788: @Stock - Revoked? Not as far as I know.

there was a trading suspension earlier together with ARTA, maybe it started trading again

Stock

09/24/09 5:27 PM

Post #788

Re: #787: @lifegear - wasn't this revoked? why is it trading again?

Revoked? Not as far as I know.

Still bankrupt, however.

OTCBB and Other-OTC System Changes - 10/31/2008

12:30 BXXXQ Brooke Corporation Common Stock 11/3/2008 Y 100 From G (BXXX)**

lifegear

09/24/09 5:21 PM

Post #787

Re: #781: @Stock - I see this was already posted

wasn't this revoked? why is it trading again?

Estrella

09/24/09 1:49 PM

Post #786

Re: #785: @sidedraft - Must have been a fat finger, the price

The portfolio was looking great for a couple of minutes, lol!
;)

sidedraft

09/24/09 1:42 PM

Post #785

Re: #784: @Estrella - BXXXQ @ .40! On 690 shares...

Must have been a fat finger, the price was changed to .004, with the same volume.

Estrella

09/24/09 12:56 PM

Post #784

BXXXQ @ .40! On 690 shares...
;)

temp luvs amy Free

08/29/09 4:22 AM

Post #783

Re: #780: @Stock - umm, no. I doubt it. The FBI still

"The FBI still has this situation in hand"

It's almost September 2009. How many arrests have they made?
How many cases did they file?

Are they planning a future episode of "Cold Case" around it yet?

temp luvs amy Free

08/29/09 4:05 AM

Post #782

All I know is that the firm who is handling the Chapter 7 has hundreds of Lawyers across the country.

Who is watching the henhouse?

Any of you guys in bankruptcy court know how to file with the SEC? I have heard that you can't disclose certain rulings, but isn't the rest supposed to be public, and disclosed via 8K to maintain a registration?

I saw a company make disclosures and keep the registration alive. I saw this one as toast, but see a possibility in the subsidiary.

Stock

08/28/09 7:02 PM

Post #781

Re: #780: @Stock - umm, no. I doubt it. The FBI still

I see this was already posted

http://www.insurancejournal.com/news/midwest/2009/08/14/103029.htm

The IJ keeps up with their story as well as anybody probably

http://www.insurancejournal.com/search/?q=brooke

Stock

08/28/09 6:52 PM

Post #780

Re: #779: @sidedraft - What if the halt is the precursor to

umm, no. I doubt it. The FBI still has this situation in hand as far as I know.

There was a dismissed lawsuit recently, but that's not the end of it.

sidedraft

08/28/09 6:52 PM

Post #779

Re: #778: @Stock - I figured this would happen eventually.

What if the halt is the precursor to being cashed out? It wouldn't bother me if it no longer trades, just give me the money.

Stock

08/28/09 6:40 PM

Post #778

Re: #776: @scion - Trading Suspensions 34-60579 Aug. 28, 2009 Brooke Corporation

I figured this would happen eventually.

DPincus

08/28/09 12:06 PM

Post #777

Re: #776: @scion - Trading Suspensions 34-60579 Aug. 28, 2009 Brooke Corporation

Thank you, Scion.
Unfortunate; I figured there was a filing issue, but I'd hoped there was another reason for halt.
DP

scion

08/28/09 11:59 AM

Post #776

Re: #775: @DPincus - NEWS: Trading Suspended by SEC

Trading Suspensions 34-60579 Aug. 28, 2009 Brooke Corporation

http://www.sec.gov/litigation/suspensions/2009/34-60579.pdf

See also Order
http://www.sec.gov/litigation/suspensions/2009/34-60579-o.pdf

http://www.sec.gov/litigation/suspensions.shtml

DPincus

08/28/09 11:33 AM

Post #775

NEWS: Trading Suspended by SEC
-- Anyone know why?

SEC Suspends Trading In Securities Of Brooke Corp
Aug 28, 2009 09:48:42 (ET)
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2400)
August 28, 2009 09:48 ET (13:48 GMT)

lifegear

08/13/09 6:42 PM

Post #774

Re: #773: @Arnold25764 - Lookin' any better after the lawsuit dismissal?

still chapter 7, ARTA might have some potential

Arnold25764 PremiumMember

08/13/09 6:36 PM

Post #773

Re: #772: @lifegear - Judge dismisses suit against bankrupt Brooke Corp.

Lookin' any better after the lawsuit dismissal?

lifegear

08/13/09 6:26 PM

Post #772

Re: #771: @Arnold25764 - No volume?

Judge dismisses suit against bankrupt Brooke Corp.
Judge dismisses lawsuit against bankrupt Brooke Corp. that accused insurer of racketeering
On Thursday August 13, 2009, 11:50 am EDT
Buzz up! 0 Print
Companies:Brooke Corporation
KANSAS CITY, Kan. (AP) -- A federal judge has dismissed a lawsuit accusing bankrupt Brooke Corp. and its financing arm of racketeering and fraud, saying the claims are not specific enough.

Related Quotes
Symbol Price Change
BXXXQ.PK 0.01 0.00

{"s" : "bxxxq.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Scores of insurance agents sued Overland Park, Kan.-based Aleritas Capital Corp. in April, claiming it and Brooke inflated the price of insurance agencies they sold to the plaintiffs around the country and tacked on fees for services they never provided.

The plaintiffs later added six banks as defendants, alleging that the banks took over Aleritas' loans to the agents and directed that they receive the agents' commissions.

U.S. District Judge Carlos Murguia on Wednesday tossed out the suit, determining that the lawsuit "contains broad and conclusory language insufficient to give defendants notice of the specific conduct alleged."

But Murguia did say the plaintiffs could fix the problems and resubmit the case.

As for the banks, the judge dismissed them from the suit, saying the plaintiffs' claims were conclusory and not linked to Aleritas.

Before filing for Chapter 11 bankruptcy protection in October, Brooke was one of the nation's largest franchisers of property and casualty insurance agencies, with 900 locations and almost 600 employees.

Founded in Phillipsburg, Kan., in 1986 by Robert Orr, the company set out to provide insurance services for small-town banks to sell to their customers. It later expanded into lending as it began selling its Brooke agency franchises, eventually moving to the Kansas City suburb of Overland Park and going public in 2003.

After filing for bankruptcy, the company planned to stay in operation while it sold its insurance business to two Kansas businessmen. But the deal fell apart, as did the company.

Its demise has left thousands of insurance agents across the U.S. in limbo, with many closing up shop. In addition, dozens of lenders have been left holding Brooke's rotten loans and securities.

A number of banks and other lenders have filed lawsuits against the company, including The Bank of New York Mellon, claiming Orr and other company officials diverted millions of dollars for their own benefit and attempted to destroy the evidence.

Lawyers for Orr have denied he did anything wrong, noting that he too lost millions of dollars and his ownership of the company while trying to save it.

The Kansas City Star reported in December that the FBI was investigating the company's finances.

Information from: The Kansas City Star, http://www.kcstar.com

Arnold25764 PremiumMember

07/28/09 9:25 PM

Post #771

No volume?

Estrella

07/28/09 2:41 PM

Post #770

Re: #769: @lifegear - I wonder if this could hit .25--the majority

.25 or higher!
;)

lifegear

06/29/09 8:29 PM

Post #769

Re: #768: @Estrella - BXXXQ @ .02!

I wonder if this could hit .25--the majority buyout price it was set at before bankruptcy filing

Estrella

06/22/09 12:42 PM

Post #768

BXXXQ @ .02!
;)

Fgbullard

06/19/09 5:19 PM

Post #767

Makes me go huummmmmmm!!!!!

Fgbullard

06/19/09 5:08 PM

Post #766

Re: #765: @lifegear - and it stuck there...nice

Yep something up ? Buy out!!!!!

lifegear

06/19/09 5:06 PM

Post #765

Re: #764: @Fgbullard - .03s are up

and it stuck there...nice

Fgbullard

06/19/09 10:31 AM

Post #764

.03s are up

Fgbullard

06/19/09 9:47 AM

Post #763

Ask is AT .03 now !!!!!

Fgbullard

06/19/09 8:40 AM

Post #762

Re: #761: @Estrella - BXXXQ @ .01!

Yep :)

Estrella

06/18/09 10:52 AM

Post #761

BXXXQ @ .01!
Some action today...
;)

sidedraft

06/17/09 9:35 PM

Post #760

Re: #759: @lifegear - is this the end of the road which

Or somebody want to get a bunch from others at .0001:

lifegear

06/17/09 9:13 PM

Post #759

Re: #758: @carnelsonG - Chapter 11 Trustee Seeks Conversion of Brooke Corp.

is this the end of the road which is why someone whacked the bid for 60k today?

carnelsonG Free

06/05/09 1:13 AM

Post #758

Re: #752: @stripus - This one was my top percentage performer today

Chapter 11 Trustee Seeks Conversion of Brooke Corp. Bankruptcy
Email
Written by netdockets on May-4-09 12:58am
From: www.netdocketsblog.com
The trustee appointed in Brooke Corporation's bankruptcy cases, Albert A. Riederer, filed a motion on Thursday requesting that the chapter 11 cases of Brooke Corp. and its affiliates be converted to cases under chapter 7 of the Bankruptcy Code. Brooke Corp. and its affiliates filed for bankruptcy protection on October 28 and November 28, 2008.

The trustee was obligated to seek conversion of the bankruptcy cases by April 30, 2009 pursuant to the terms of a settlement agreement that was approved by the bankruptcy court on March 13th. Beyond filing the motion to comply with his obligations under that agreement, the trustee further argues that conversion is appropriate because there is no prospect for reorganization and there are no significant actions left to be taken that could not be done under chapter 7. The motion further states that the United States Trustee has informed Mr. Riederer that he will also be appointed as the chapter 7 trustee for Brooke Corp.

******

galzeegal

05/30/09 2:10 PM

Post #757

Re: #756: @lifegear - finally someone showed the bidwhacker we can close

This has been the most ridiculous amount of games by the MMs this week. .0001 to .02-.03

lifegear

05/29/09 9:36 PM

Post #756

Re: #754: @stripus - Someone wants to keep this down to .0001

finally someone showed the bidwhacker we can close positively =)

Older

Brooke Corporation (fka BXXXQ)

Followers	8	Posters	58
Posts (Today)	0	Posts (Total)	806
Created	01/08/09	Type	Free
Moderators

http://www.brookebanker.com/

About Brooke Corporation

Brooke Corporation is a holding company listed on the Nasdaq Global Market under the symbol "BXXX". Brooke Corporation owns 100 percent of Brooke Bancshares, Inc., a banking organization with a federally-chartered thrift institution that operates an "agent bank". Brooke Corporation owns 62 percent of Aleritas Capital, a finance company specializing in insurance-related lending. Brooke Corporation owns 81 percent of Brooke Capital Corporation (Amex: BCP), an insurance organization with a life insurance company, an insurance agency franchisor and, subject to the closing of a merger with Delta Plus Holdings Inc., a non-standard auto insurance company.

About Generations Bank

Generations Bank is a thrift institution headquartered in Phillipsburg, Kan., with the authority to recruit banker agents throughout the country. As of June 30, 2008, Generations Bank's assets totaled more than $130 million and its equity capital totaled more than $14 million. Generations Bank is a wholly-owned indirect subsidiary of Brooke Corporation (NASDAQ: BXXX) and member of FDIC. For more information, visit www.generationsagentbank.com.

Brooke files for Chapter 11 bankruptcy protection

Wednesday, October 29, 2008 02:51ET

The abbreviated petition filed in U.S. Bankruptcy Court in Kansas City, Kan., listed assets of $512.9 million and liabilities of $447.4 million.

"If you've got a buyer, most buyers prefer to buy something out of bankruptcy court, where they get more protection," he said.

http://www.knobias.com/story.htm?eid=3.1.b19d1d8c2d7b7936ffa89504af9c151669c3695303e2b6c4f90eb1ff35fe5c00

Authorized Shares: 99,500,000
Source: Other ( 04/23/2004 )

Outstanding Shares: 14,519,001
Source: MGFS ( 08/15/2008 )

Per Reuters: Float 7.8M and Insiders control 46% of the stock

Transfer Agent

American Stock Transfer and Trust
59 Maiden Lane
New York, NY 10038
212-936-5100
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800-937-5449