Twin Butte Energy Ltd TBTEF

RE:RE:A message to my debenture holder friends

[Oldfart74]

2fast4uI wrote: F@rtMan,

1st you made excuses for the syndicate and their "good intentions"....

then you made excuses for FT........................and now you are making excuses for the AdNot and ButtJones?????????

Was outcome okay almost 2 years later???????????????????????????????  YES!!!!!!!!!!!!!!!!!!  

Was it what it should have been?  NNNNNNNNNNNOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It's been 15 months since the chinese bought TBE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  and FTI had the preceeding 5 months to prep things............................................................dont forget, there were 2 ibanks that sold TBE........NOT FTI...........................................

a very simple business for receivership.......................and once banks got fully paid,  all shlt broke loose.......................................................................................................

should it have dragged on????? EVERY RECEVERSHIP DOES!!!!!!!!!!!!!!   FOR THIS LONG????  NOT A F@CKN CHANCE.................................................

Ya know how much fees have gone up since FTI and AdNot BlowJones agreed on legal fees?????????   close to $3.5M!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  yeah, thanks alot................

Oldfart74 wrote: The whole Receivership process was conducted under the direction of the the court.  Be thankful for the work of FTI, Bennett Jones and ad hoc Committee.  You received a lot more than I expected.  A very favorable result!!

My friend, you have likely had much more experience dealing with receiverships than I due to your poor investing strategies.  When I was active in the business,  I was buying assets from the Receiver or Trustee.  Now that I’m retired, preservation of capital is important and I try to avoid the potential train wrecks.  Enjoy your day and don’t forget to claim the capital loss on your tax return.