| Re: RF Dividend?
Ron - I received the latest correspondence and request for info on 6-Mar-08. Quick receipt considering it was mailed (airmail) from AUS on 3-Mar-08. The latest letter from Richard Cauchi mentions "I confirm that I have now realised sufficient assets in order to declare a first and final dividend to unsecured creditors of the company...." The dividend is to be paid 16-Apr-08.
This latest letter contains a form 548 (Formal proof of debt or claim) and it also requests we provide (again?!?!) "Formal Proof of Debt or Claim (General Form), together with supporting documentation substantiating your claim. I filled out the new form 548 and simply re-sent the orignal documents sent nearly two years ago.
My expectation was zero recovery. However, now I'm guessing we'll get pennies on the dollar. Who knows, the letter did not indicate amount.
Ron - please feel free to contact me directly. I can send you the latest correspondence if you'd like.
Mitch
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Mitch D |