Many of you have contacted the Receiver’s office to inquire about the final distribution of sale proceeds. A final distribution cannot occur until the claim process is completely resolved, and currently there are matters pending with the Court that would greatly assist in the completion of the claim process. Therefore, a date for the final distribution cannot be anticipated at this time. Keep in mind that the final distribution will be nominal in comparison to other partial distributions.</p>
If you have questions about how your involvement in LifeTime Capital Inc. will affect your taxes, please contact your own CPA or tax advisor. The Receiver or his staff cannot give tax advice.
The Receiver will update the website again by mid-February.</span>