"I don't doubt the the new debt holders will reap some of the benifits of our settlement when our case is settled but to suggest they will get all the settlement has no chance of happening."

JJ.....I very much hope you are correct. That's why I'm continuing to hold on to this POS even though I'm down 90% in my investment. I was stupid and greedy to hold on for so long but that's the reality.

I believe the only thing Fung has been good at is printing more shares and selling KRY debt but my overall concern is that Silent Bob won't be able to do that this time and that KRY will not be able to avoid bankruptcy. Very few companies in a hole this deep are able to climb out. The clock is ticking. And, unfortunately, I find no comfort in rumor and hearsay that KRY is close to a refi deal. We also heard KRY was thisclose to the permit and thisclose to the Chinese JV deal. etc etc. Sadly KRY's previous assurances have brought us all nothing but false hope.

I've waited since 1999 for this thing to pay off so I can continue to wait longer- six months or so. We should know within 6 months if Fung can keep this company alive through arbitration.

Thanks for your post.

Cividale