Ann: Agreement with Castlelake, LP, page-20

This thread is the reason why i have been coming here for a few yrs since having divested out of MAE.

A) Most of you don't even realise that unless you fit into a certain group you are very LAST on the pecking order to ever be owed a single cent from MAE, the Company. I'll let the relevant posters find that out for themselves because they have repelled every informative post i've given - the remainder of you already know your fate and the category that will get money back (if any), should that be the fate.

B) You haven't even found out how this Instrument of Tolerance works. A Forebearance Agreement is not a longer leash!! It is a tighter leash!!
It is the last thing you put on a dog when all else fails and normally the Deeds are agreed to be handed over in the case of failure to comply.

Basically, someone who makes decisions must have tried to wind-up some arrangement (possibly the company itself??) and the majority of lenders appealed for more time, as stated. Other parties assisted MAE as MAE themselves were obviously given up on. That dynamic worked and the Forebearance was agreed to.

Do you see where your assets will go if the company is wound up? If so, move on and give your heart a break. Stop living in an illusory world when terms have been set already under this Forebearance Agreement.

But what is the agreement?
What are the terms?
Did the company hand over what you believe is partly YOUR Deeds (to be forfeited if so)?

I am baffled at how anyone can come on here and talk about selling an asset that they may not even own in 6 wks time (which they barely own now and which currently they have no financial protection or default return on investement should that company wind up - unless they fit into that special category)

On another hypothetical level altogether, if this had all come about due to criminal or fraudulent activity, then the perpetrator would be liable, not the company and you may get some $$ then.

Just talking positively about something does nothing for your investment learning - the thing that makes you money.

MOST IMPORTANTLY, in order to find some sense of direction, find out from the company if the Deeds were handed over, to be actioned if the Forebearance Agreement is not met.