/raid1/www/Hosts/bankrupt/TCR_Public/181116.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, November 16, 2018, Vol. 22, No. 319

                            Headlines

215 HEMPSTEAD: Unsecureds to Get $6,000 Per Month for 12 Months
5437 S. WABASH: Unsecured Claimants be Paid 100% Plus 5% Interest
7202 LLC: Voluntary Chapter 11 Case Summary
AAC HOLDINGS: Moody's Lowers CFR to Caa2, Outlook Negative
ABACUS INVESTMENT: Dec. 20 Plan Confirmation Hearing

ABC FAMILY DENTAL: Amends Plan Language on Issuance of New Shares
AC I NEPTUNE: Sale of Property to Pinellas for $5.8MM to Fund Plan
AINA LE'A: Seeks Court Approval of Proposed Plan Outline
AIR MEDICAL: $14MM Bank Debt Trades at 3% Off
AIR MEDICAL: $19MM Bank Debt Trades at 4% Off

AIR METHODS: S&P Cuts Issuer Credit Rating to 'B-', Outlook Stable
ALAMO TOWERS: Partner's Buying San Antonio Property for $15M
ALGODON GROUP: CEO Mathis is "Excited About the Future"
ALGOMA STEEL: S&P Gives Prelim. 'B-' LongTerm ICR, Outlook Stable
ALL-STATE FIRE: Closing Augusta Property Sale to Smiths for $86K

ALTA MESA: Reports Q3 2018 Financial and Operational Results
ARCIMOTO INC: Signs Commercial Lease Agreement with TEJ Enterprises
ARCTIC CATERING: Hires May Potenza Baran as Counsel
ASTOR EB-5: Case Summary & 20 Largest Unsecured Creditors
ATLANTIC AVIATION: Moody's Assigns Ba3 CFR, Outlook Stable

ATLANTIC AVIATION: S&P Assigns 'BB-' Long-Term ICR, Outlook Stable
BAKER AND SONS: Taps Benjamin Martin as Legal Counsel
BARTLETT MANAGEMENT: Sets Sale Procedures for All Assets
BIOSCRIP INC: May Issue 16.4 Million Shares Under 2018 Plan
BIOSCRIP INC: May Issue Additional 1.5 Million Shares Under ESPP

BLACK BOX: Will be Acquired by AGC for $1.08 Per Share in Cash
BOSS REAL ESTATE: AZ 3-16 to Receive 7% Interest Under New Plan
BOSSLER ROOFING: Unsecured Claimants to Receive 3% of Allowed Claim
BRIGHT MOUNTAIN: Signs Note Exchange Agreement with CEO Speyer
BROWNLEE FARM: Hires Stone & Baxter as Attorney

BTH QUITMAN: Mohegan Buying Substantially All Assets for $4M
BTO TRUCKING: PUEFC Prohibits the Use of Cash Collateral
CAJ SOUTHWAY: U.S. Trustee Seeks Amendment of Plan and Disclosures
CALIFORNIA CDA: Moody's Reviews B1 on 2007 A-2 Bonds for Downgrade
CALVIN GILL: Dec. 4 Plan Confirmation Hearing

CARAVAN TRANSPORTATION: Case Summary & 6 Unsecured Creditors
CELADON GROUP: Expects Net Loss in Quarter Ended Sept. 30, 2018
CELLECTAR BIOSCIENCES: FDA Lifts Import Alert for CLR 131
CELLECTAR BIOSCIENCES: Reports Third Quarter Net Loss of $5.3-Mil.
CENGAGE: Bank Debt Trades at 9% Off

CENTURY III MALL: Hires Stephen S. Stallings as Special Counsel
CHESTNUT FIRM: Hires Bennett Thrasher as Accountant
CHOBANI GLOBAL: Bank Debt Trades at 4% Off
CNX RESOURCES: Moody's Affirms B1 CFR & Alters Outlook to Positive
CONCORDIA INTERNATIONAL: Will Seek OK of Change of Company Name

COTTON PATCH: Dec. 12 Plan Confirmation Hearing
COVIA HOLDINGS: Bank Debt Trades at 18% Off
CREATIVE FOODS: Voluntary Chapter 11 Case Summary
CSM BAKERY: Bank Debt Trades at 6% Off
CWGS GROUP: $25MM Bank Debt Trades at 6% Off

CWGS GROUP: $93MM Bank Debt Trades at 6% Off
CYTORI THERAPEUTICS: Posts $4.8M Q3 Loss Allocable to Stockholders
CYTOSORBENTS CORP: Posts Third Quarter Revenue of $5.7 Million
DELTA DUCK: Taps Stewart Robbins as Legal Counsel
DELUXE FILM: $20MM Bank Debt Trades at 14% Off

DELUXE FILM: $60MM Bank Debt Trades at 14% Off
DIFFUSION PHARMACEUTICALS: Reports Q3 Net Loss of $6.71 Million
DJO FINANCE: Incurs $29.5 Million Net Loss in Third Quarter
DOWLING COLLEGE: Plan Confirmation Hearing Set for Dec. 17
DPW HOLDINGS: Amends Report on $50 Million Purchase Order

ENSTAR GROUP: Fitch Rates New Series E Preference Shares 'BB+'
ENSTAR GROUP: S&P Assigns BB+ Rating on Series E Preferred Shares
ERNEST VICKNAIR: Freemin Buying Thibodaux Property for $30K
EVANGELICAL HOMES: Fitch Affirms BB+ Rating on 2013 Revenue Bonds
EXCO RESOURCES: Plan Confirmation Hearing Set for Dec. 10

FC GLOBAL: Plans to Convert State of Incorporation Into Maryland
FC GLOBAL: Will Merge With Real Estate Company Gadsden Growth
FIELDPOINT PETROLEUM: Incurs $139K Net Loss in Third Quarter
FORTERRA INC: Bank Debt Trades at 7% Off
GCI LLC: S&P Places 'B' Issuer Credit Rating on Watch Negative

GENTRY VU MD: Case Summary & 4 Unsecured Creditors
GLYECO INC: Incurs $1.33 Million Net Loss in Third Quarter
GOMEZ RENTALS: Sandton Buying Properties for $4.3 Million
GREGORY JOHN TE VELDE: Trustee Selling Lost Valley Farm Livestock
GROM SOCIAL: Incurs $1.13 Million Net Loss in Third Quarter

GROUP GOLF OF PALM COAST: Taps Scott W. Spradley as Legal Counsel
GULF FINANCE: Bank Debt Trades at 19% Off
HC2 HOLDINGS: S&P Affirms 'B-' Rating on New Senior Secured Notes
HESS INFRASTRUCTURE: Fitch Affirms BB LT IDR, Outlook Negative
HH & JR: Unsecureds to Get $1,300 Quarterly for 5 Years

HOUGHTON MIFFLIN: Bank Debt Trades at 7% Off
HUDSON TECH: Enters Into Extension Letter Related to Waiver
IDEANOMICS INC: Reports $7.44 Million Net Loss for Third Quarter
IMPERIAL MERGER: Moody's Assigns B3 CFR, Outlook Stable
INNA DANCE: Unsecured Creditors to Get $3,600 Over 3 Years

JAMES W. GAMBLE, JR.: Heritage Buying 10K Bank Shares for $40K
JENNIE STUART: Fitch Affirms BB+ IDR, Outlook Stable
JEP REALTY: The Reisig Buying Lexington Property for $93K
JIT INDUSTRIES: Secured Creditors to Get 100% Over 60 Months
JOHN DAILEY: McGraw Buying Wilcox Property for $150K

KBR INC: S&P Affirms 'B+' Rating on Senior Secured Credit Facility
KIK CUSTOM: Bank Debt Trades at 2% Off
LAKE BRANCH: U.S. Trustee Unable to Appoint Committee
LAMINGTON ROAD: Voluntary Chapter 11 Case Summary
LIZANDRA LLC: Case Summary & 2 Unsecured Creditors

LOUIS TELERICO: Novak Buying Aurora Property for $150K
LUBY'S INC: Reports Q4 Loss from Continuing Operations of $1.9M
M & G USA: Unsecured Claimants' Projected Recovery Decreases to 4%
MARKPOL DISTRIBUTORS: Unsecured Creditors to Get 10% Under Plan
MARRONE BIO: Incurs $4.4 Million Net Loss in Third Quarter

MARRONE BIO: Trims First Quarter Net Loss to $4.4 Million
MCCLATCHY CO: Top Executives Will Get $4.5-Mil. Retention Bonuses
MCGRAW-HILL GLOBAL: Bank Debt Trades at 6% Off
MEEKER NORTH: Unsecured to Get 100% Plus 5% in 60 Months
MEGHA LLC: BancorpSouth Seeks Ch. 11 Trustee Appointment

MESOBLAST LIMITED: US$55.1 Million in Cash as of Sept. 30, 2018
MICHAEL HAGHIGHI: Selling Jacksonville Property Interest for $365K
MIDATECH PHARMA: Completes Midatech Pharma US Sale
MIDWAY OILFIELD: U.S. Trustee Forms 3-Member Committee
MONITRONICS INTERNATIONAL: Bank Debt Trades at 4% Off

MONTE L. MASINGALE: Selling Buying Greenacres Property for $360K
MULTIMEDIA PLATFORMS: Dec. 19 Plan Confirmation Hearing
NATGASOLINE LLC: S&P Assigns 'BB-' Rating on 3 New Debt Issuances
NEIMAN MARCUS: Bank Debt Trades at 8% Off
NEOVASC INC: Will Release Its Q3 Financial Results on Nov. 14

ONCOBIOLOGICS INC: Advances ONS-5010 Into Wet AMD Clinical Trial
ONCOBIOLOGICS INC: BioLexis Has 78.1% Stake as of Nov. 7
ONCOBIOLOGICS INC: Receives Commitment for $20M Equity Financing
OPEN ROAD: Court Approves Bid Procedures for Assets Sale
PALADIN HOSPITALITY: U.S. Trustee Unable to Appoint Committee

PANIOLO CABLE: Involuntary Chapter 11 Case Summary
PETROQUEST ENERGY: $50MM Exit Facility to Fund Chapter 11 Plan
PETSMART INC: Bank Debt Trades at 14% Off
PG&E CORP: Could See Financial Hit if Found Liable for Camp Fire
PLATTE COUNTY, MO: S&P Cuts 2007 Bond Rating to 'CC', Outlook Neg.

PRESSURE BIOSCIENCES: Posts $3.23 Million Net Loss in Third Quarter
PRO LOGGING INC: Seeks to Transfer Real Estate Title to Pro South
PROMISE HEALTHCARE: U.S. Trustee Forms 7-Member Committee
PURADYN FILTER: Posts Third Quarter Net Income of $89.8K
QUANTUM CORP: Delays Form 10-Q Over Misstatements & Investigation

QUOTIENT LIMITED: May Issue 550,000 Ordinary Shares Under 2014 Plan
REIGN SAPPHIRE: Incurs $1.40 Million Net Loss in Third Quarter
RENNOVA HEALTH: Issues $1.24 Million Additional Debentures
RENNOVA HEALTH: Nov. 12 Is the New Reverse Split Effective Date
RENNOVA HEALTH: Posts Third Quarter Net Income of $97.2 Million

RENTPATH INC: Bank Debt Trades at 17% Off
RICHARD HOWARD: Inline Communities Buying Dallas Parcels for $9.7K
RMWM PARTNERS: Nov. 28 Plan Status Hearing
SAM MEYERS: JPC Buying Substantially All Assets for $324K
SANDRA W RUTHERFORD: Voluntary Chapter 11 Case Summary

SEASONS PROPERTY: Case Summary & Unsecured Creditor
SEATTLE PROTON: Case Summary & 2 Unsecured Creditors
SHARING ECONOMY: Incurs $18.6 Million Net Loss in Third Quarter
SOLBRIGHT GROUP: Signs $5-Mil. Note Purchase Agreement with AIP
SONNEBORN HOLDINGS: S&P Places 'B' ICR on CreditWatch Positive

SOUTHEASTERN HOSPITALITY: U.S. Trustee Unable to Appoint Committee
SOUTHERN SANDBLASTING: Dec. 12 Hearing on Plan and Disclosures
SOUTHWEST SAFETY: Taps Vidrine & Vidrine as Legal Counsel
SPRING TREE: J. Marshall's $394K Claim Added to Unsecured Class
SRC ENERGY: Moody's Upgrades CFR to B1, Outlook Stable

STARION ENERGY: Case Summary & 20 Largest Unsecured Creditors
SUMMIT HME: Taps Anthony Hervol as Legal Counsel
SUPER QUALITY: Unsecured Creditors to Get 1% Under Amended Plan
TACO BUENO: Unsecureds to Get Nothing Under Joint Prepackaged Plan
TAPMASTERS CHELSEA: Unsecureds to Recoup 13-29% Under Plan

TENET CONCEPTS: Unsecureds to Get 100% in 79 Monthly Payments
THOMAS OVATION: U.S. Trustee Unable to Appoint Committee
TITUS INDUSTRIAL: Taps Leonard K. Welsh as Legal Counsel
TOMMIE LINGENFELTER: Colt Buying Macon Property for $45K
TOWERSTREAM CORP: Incurs $2.6 Million Net Loss in Third Quarter

TSC BAYVIEW: Schiffers Buying Shady Side Property for $355K
US SILICA: Bank Debt Trades at 10% Off
VFH PARENT: S&P Affirms 'B+' Issuer Credit Rating, Outlook Stable
VIP RESORT: Unsecured to Get 100% 90 Days from Effective Date
VIRTU FINANCIAL: Fitch Affirms BB- IDR & Alters Outlook to Negative

WOODBRIDGE GROUP: Selling Sachs' Carbondal Property for $180K
WOODBRIDGE GROUP: Selling Sachs' Carbondale Property for $180K
YOUNG KEUN PARK: Trustee Sellinig La Palma Property for $4.1M
YUMA ENERGY: Incurs $5.88 Million Net Loss in Third Quarter
ZACKY & SONS: Case Summary & 20 Largest Unsecured Creditors

[*] Jim Franks Joins FTI Consulting's EPP Practice in Dallas

                            *********

215 HEMPSTEAD: Unsecureds to Get $6,000 Per Month for 12 Months
---------------------------------------------------------------
215 Hempstead Realty Corp., filed an amended disclosure statement
explaining its plan of reorganization to disclose that the Debtor's
principal, Nadide Cakici, owns and operates unrelated business
entities in which funding for the Plan will be derived from.

The first, Mirabella, Inc., was formed in 2017 in New York.
Mirabella, Inc. is a tenant at the Debtor's property located at 215
Hempstead Avenue, West Hempstead, New York and operates the U-Haul
rental and convenience store at the property. Mirabella, Inc. pays
to the Debtor monthly income for renting at the property.

In addition, Ms. Cakici owns and operates Anker Group Yachting,
Ltd. formed and operating in Turkey as a yachting and brokerage
agency, providing technical yachting services, tax-free fueling
services, transport, customs, and shipping services.

The third company, Izzy Express Auto Repair, is owned by Ms.
Cakici's brother, Izzet Cakici, however, Ms. Cakici is operating
under a New York Power of Attorney as her brother resides in
Turkey. Izzy Express Auto Repair rents the mechanics bays located
at the Debtor's property and pays rental income to the Debtor.

The Plan will be financed from income derived from: (i) funds
contributed from Ms. Cakici in the approximate amount of $300,000
for the sale of her individual property in Turkey, which funds are
to be paid out over two years commencing January 2019; (ii) funds
contributed from the Debtor's principal's yachting business located
in Turkey, Anker Marina, in the approximate amount of $250,000 for
broker fees earned, which the Debtor will have access to no later
than January, 2019; and (iii) monthly rental income from two
tenants of the Debtor's property located at 215 Hempstead Avenue,
West Hempstead, New York in the amount of $10,000 per month.

Class I consists of the secured claim of Vincent J. Fischetti in
the approximate amount of $549,289.  The secured claim of Fischetti
will be paid as follows:

   (1) The Debtor has already paid a one lump-sum payment of
$160,000 on February 22, 2018 against the arrears on the mortgage;

   (2) The Debtor will continue to make the monthly mortgage
payments of $6,766.48 per month on the first of each month for 59
months from the Effective Date, as such amount has been approved by
the Court as monthly adequate protection payments to Fischetti in
the case, and which amount is the monthly mortgage rate set forth
in the loan documents between the Debtor and Fischetti. This
monthly amount is inclusive of principal and interest toward the
mortgage; and

   (3) To the extent there is a balance due to Fischetti after 59
months, or in lesser time frame wherein Fischetti's claim is paid
in full, a final lump sum payment will be made by the Debtor paying
Fischetti's claim in full. The Debtor will pay Fischetti's claim in
full in an amount not to exceed the total amount remaining on the
mortgage, inclusive of principal, interests, costs and fees.

The Class I creditor shall retain its lien against the Debtor and
its property to the same extent that existed pre-petition until
paid in full.

Class II consists of the allowed claims of the general unsecured
creditors.  The amount of general unsecured claims totals
approximately $72,212.  The claims of general unsecured creditors
will be paid in full commencing on the Effective Date of the
Debtor's Plan in equal monthly payments over 12 months in the
amount of $6,017.67 each month.

Class III consists of the interests of the Debtor's insider
shareholder, Ms. Cakici. The claims of the Debtor's insider will be
subordinated to the claims of the general unsecured creditors and
will receive no distribution under the Plan, however, the insider
will retain her equity interests in the Debtor to the same extent,
validity and priority as existed pre-petition. The Debtor's insider
is the Plan proponent and is deemed to have voted in favor of the
plan.

A redlined version of the Amended Disclosure Statement is available
at https://tinyurl.com/y8r9xmyo from PacerMonitor.com at no
charge.

                    About 215 Hempstead Realty

215 Hempstead Realty Corp. is a corporation formed in 2013 and is
in the business of holding and managing real property.  It operates
its business from a primary business location of 215 Hempstead
Avenue, West Hempstead, New York.

215 Hempstead Realty previously sought protection under Chapter 11
of the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 17-70755) on Feb.
10, 2017.

215 Hempstead Realty Corp. filed a Chapter 11 petition (Bankr.
E.D.N.Y. Case No. 17-74474) on July 24, 2017.  The petition was
signed by Nadide Cakici, its president. At the time of the filing,
the Debtor estimated assets of less than $1 million and liabilities
of less than $500,000.

The Debtor hired McBreen & Kopko as its bankruptcy counsel, and
George E. Milhim, CPA, as its accountant.



5437 S. WABASH: Unsecured Claimants be Paid 100% Plus 5% Interest
-----------------------------------------------------------------
5437 S. Wabash LLC filed with the U.S. Bankruptcy Court for the
Northern District of Illinois, Eastern Division, a modified
disclosure statement explaining its modified Chapter 11 plan dated
October 31, 2018.

The Amended Disclosure Statement provides that Class 4-A consisting
of General Unsecured Claims will be paid 100% of their allowed
claims or any non-disputed unsecured claim scheduled ($87.74) with
5% interest.  The Debtor will pay this claim by paying the entire
amount of the claim upon the sale of the property, at the closing,
approved first by the Bankruptcy Court, unless another payment
method is approved by the Bankruptcy Court.  This class is not
impaired.  The prior Plan proposed to pay holders of Class 4-A
claims 100% with no interest and deemed the class impaired.

The Amended Disclosure Statement further provides that Class 3-A
consists of a secured claim of Newline Holdings, LLC, via tax lien.
The secured claim of Newline is based upon a tax lien for real
estate taxes purchased for tax years 2013-2015 by Newline.  The
Debtor will treat this claim by paying Newline at the closing of
the sale of the real estate or refinance or any other method to
resolve Newline, by the Closing Deadline, shall be computed as
follows: 1) The Proof of Claim of Newline ($118,391.17); plus 2)
Interest at 12% on $89,878.80 from the date of filing (4/27/2018)
through the effective date of a confirmed Chapter 11 Plan; 3)
Newline’s attorney’s fees and costs plus 4) a 35% penalty of
the total of the first two items which is assessed on the effective
date of when the Chapter 11 Plan is confirmed.  This class is
Impaired.

The Debtor's funds for implementation of the Plan will be derived
from the Debtor's liquidation of its real property interests and
the sale or refinance of the commercial property known as 5437 S.
Wabash, which has more than enough equity to fund the entire plan
upon closing and approval of the U.S. Bankruptcy Court, or
alternatively through the refinance of the equity in the real
property if such a refinance results in the funding of the entire
Plan that would have the same effect as the sale of the real
property.

The Debtor shall have until March 31, 2018, to liquidate the real
property and fund the Plan, per the terms stated herein.  Pearson
Realty Group has been employed as the realtor and the property has
been listed in accordance with the terms set forth in the motion to
employ and associated affidavit of Kirby Pearson.

Pearson Realty Group will provide monthly reports on the status of
the listing, including any showings and any offers on the property,
whether pending or turned down.  This will not interfere with the
debtor in possessions sole right to accept or reject any offers
subject to the right of first refusal to Newline contained in
Section 2.7 of the Plan.  The Debtor will maintain any current
security systems that the current businesses that occupy the real
property currently maintain.  Further the Debtor will maintain
insurance and to keep the Illinois LLC in good standing as well as
not remove any fixtures and provide notice of the removal of any
personal property.  Should the Debtor start receiving income from
the property and file tax returns they will make a copy of any such
filed tax return available to any creditor upon reasonable written
request.

A copy of the Amended Disclosure Statement is available at
https://tinyurl.com/ybofd35k from PacerMonitor.com at no charge.

            About 5437 S. Wabash LLC

5437 S. Wabash LLC owns a real property, which is its principal
asset, located at 5437 S. Wabash, Chicago, Illinois.

5437 S. Wabash sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ill. Case No. 18-12476) on April 27, 2018.  In
the petition signed by Dylan Reeves, managing member, the Debtor
estimated assets of less than $1 million and liabilities of less
than $500,000.

Judge Janet S. Baer presides over the case.  The Debtor tapped
Benjamin Brand LLP as its legal counsel.


7202 LLC: Voluntary Chapter 11 Case Summary
-------------------------------------------
Debtor: 7202, LLC
        7202 Fort Hamilton Parkway
        Brooklyn, NY 11228

Business Description: 7202, LLC is a privately held lessor of
                      real estate headquartered in Brooklyn, New
                      York.

Chapter 11 Petition Date: November 14, 2018

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Case No.: 18-46619

Judge: Hon. Elizabeth S. Stong

Debtor's Counsel: Steven Amshen, Esq.
                  PETROFF AMSHEN, LLP
                  1795 Coney Island Ave, 3rd Floor
                  Brooklyn, NY 11230
                  Tel: (718) 336-4200
                  Fax: 718-336-4242
                  E-mail: bankruptcy@lawpetroff.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Moshe Feller, principal.

The Debtor stated it has no unsecured creditors.

A full-text copy of the petition is available for free at:

           http://bankrupt.com/misc/nyeb18-46619.pdf


AAC HOLDINGS: Moody's Lowers CFR to Caa2, Outlook Negative
----------------------------------------------------------
Moody's Investors Service downgraded the ratings of AAC Holdings,
Inc., parent company of American Addiction Centers, Inc. Downgrades
include the Corporate Family Rating to Caa2 from B3, the
Probability of Default Rating to Caa2-PD from B3-PD and the senior
secured rating to Caa2 from B3. Moody's also downgraded the
Speculative Grade Liquidity Rating to SGL-4 from SGL-3. The outlook
is negative.

The downgrade to Caa2 reflects AAC's very weak third quarter
results and lower guidance for the rest of 2018. The significant
reduction in earnings will lead to leverage exceeding 10x (as per
Moody's definition, which differs from the credit agreement
calculation) by the end of 2018 - an unsustainably high level. The
company's weak results, while potentially temporary, highlight the
significant volatility in the company's earnings. Further, it
creates uncertainty around AAC's strategy, and its longer-term
earnings and cash flow. The downgrade also reflects the company's
weak liquidity and Moody's view that AAC will need to seek
liquidity relief in the near-term. As reflected in the downgrade to
SGL-4, Moody's believes a covenant breach is likely within the next
several quarters. Further, with only $15.5 million of net revolver
availability and $5 million of cash at September 30, 2018, Moody's
has concerns about the company's liquidity runway given free cash
flow will likely remain negative for the next several quarters.
Given these issues, Moody's is concerned with the sustainability of
AAC's capital structure if operating performance does not improve
significantly and rapidly from current levels. Hence the downgrade
also reflects the increased probability that AAC will need to
pursue a transaction that Moody's would consider a distressed
exchange, and hence a default under Moody's definition.

Ratings downgraded:

AAC Holdings, Inc.

Corporate Family Rating, to Caa2 from B3

Probability of Default Rating, to Caa2-PD from B3-PD

Senior Secured First Lien Revolver, to Caa2 (LGD3) from B3 (LGD3)

Senior Secured First Lien Term Loan, to Caa2 (LGD3) from B3 (LGD3)


Speculative Grade Liquidity Rating, to SGL-4 from SGL-3

Outlook is Negative

RATINGS RATIONALE

The Caa2 Corporate Family Rating reflects the company's very high
leverage, persistently negative free cash flow and weak liquidity.
If the company is not able to significantly improve its earnings
from current levels, then AAC's capital structure will become
unsustainable. The company is also highly reliant on internet
marketing and search engines to generate patient admissions at its
facilities. Additional scrutiny or regulatory changes focused on
the addiction treatment industry, such as advertising and marketing
practices, could negatively impact AAC. The rating also reflects
risks associated with the company's rapid expansion and evolving
strategy. The ratings are supported by favorable underlying demand
trends as addiction treatment in the US becomes increasingly
accepted by patients and payors. The ratings are also supported by
the company's ownership of a substantial portion of its real
estate.

The negative outlook reflects the risk that AAC is unable to
improve its operating performance and liquidity in the near term.
It also reflects the risks that these challenges could induce it to
pursue a transaction that Moody's would consider a distressed
exchange, and hence a default.

The ratings could be downgraded if AAC's operating performance does
not improve, or liquidity further deteriorates. Ratings could also
be downgraded if for any reason the probability of default
increases.

AAC's ratings could be upgraded if the company's liquidity improves
and it shows improvement in revenue and earnings such that Moody's
believes the company will sustainably generate at least breakeven
free cash flow.

AAC Holdings, Inc., headquartered in Brentwood, TN, provides
substance abuse treatment services for individuals with drug and
alcohol addiction. As of September 30, 2018 the company operated 11
residential substance abuse treatment facilities and 26 standalone
outpatient centers as well as five sober living facilities. AAC
Holdings is publicly traded and generates over $300 million of
revenue.

The principal methodology used in these ratings was Business and
Consumer Service Industry published in October 2016.


ABACUS INVESTMENT: Dec. 20 Plan Confirmation Hearing
----------------------------------------------------
Judge Catherine Peek McEwen of the U.S. Bankruptcy Court for the
Middle District of Florida, Tampa Division, conditionally approved
the amended disclosure statement explaining Abacus Investment
Group, Inc.'s Chapter 11 plan and fixed December 20, 2018, at 4:00
p.m., as the hearing on final approval of the disclosure statement,
and for the hearing on confirmation of the Plan.

No later than seven (7) days before the date of the Confirmation
Hearing is the deadline for filing with the Court objections to the
disclosure statement or plan confirmation.

                  About Abacus Investment Group

Abacus Investment Group, Inc.'s principal assets are located at
Hillsborough & Pinellas County, Tampa, Florida.  Herb Miller owns
100% of the company's common stock.  The company was founded in
2010.

Abacus Investment Group sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 17-10224) on Dec. 9,
2017.  In the petition signed by CFO Donna Steenkamp, the Debtor
disclosed $1.74 million in assets and $3.89 million in liabilities.

Judge Catherine Peek McEwen presides over the case.  Peter Berkman
Attorney, PLLC, is presently serving as the Debtor's legal counsel,
after replacing Palm Harbor Law Group, P.A.


ABC FAMILY DENTAL: Amends Plan Language on Issuance of New Shares
-----------------------------------------------------------------
ABC Neighborhood Dental & Orthodontics, P.C. d/b/a/ ABC Family
Dental & Orthodontics filed an amendment to its amended plan of
reorganization, dated July 2, 2018, and amended disclosure
statement.

1. Paragraph 9.16 of the Plan is amended to read as follows:

9.16 - Issuance of New Shares. In the event that Class 7 votes to
reject the Plan and the interests held by Class 8 are cancelled,
the provisions in this paragraph shall govern the issuance of new
interests in each Debtor. On the effective date of the Plan new
interests in the Debtor shall be issued to any qualified party in
interest who elects to provide the Debtor with a minimum of $20,000
in cash or property and exchange any claim for such Interest. Any
qualified party in interest may elect this choice by providing
notice to the affected Debtor through its counsel on or before the
hearing on confirmation of the Plan. In the event that multiple
parties elect to provide funds to purchase shares, the shares will
be prorated among those providing funds, however the minimum amount
each party must provide will be $20,000. All funds used to purchase
shares shall be distributed first to Unclassified Priority Claims,
then to Class 7 claimants.

Section VII.5 of the Disclosure Statement is amended to read as
follows:

5. General Unsecured Claims.

Class 7 claimants shall receive a pro-rata distribution of $1,500
per month for period of five (5) years ("Class 7 Distribution") set
aside $1,500 in a segregated account. Each time three months
payments have been set aside, the Debtor shall make the Class 7
Distribution to Class 7 creditors on a pro-rata basis. The Debtor
intends to object to the claims of SNAP Advances and National
Funding, Inc. ("National Funding"). If the claims of SNAP Advances
and National Funding are disallowed, the total amount of allowed
Class 7 claims shall be approximately $576,375.44, and Class 7
claimants shall receive approximately 15.6% of their allowed claims
over five (5) years. If the claims are allowed in full, the total
amount of allowed Class 7 claims shall be approximately
$843,688.62, and Class 7 claimants shall receive approximately
10.7% of their allowed claims over five years.

A copy of the Plan's Amendment is available for free at:

     http://bankrupt.com/misc/cob17-21637-174.pdf

     About ABC Neighborhood Dental & Orthodontics P.C.

ABC Neighborhood Dental & Orthodontics, P.C., is a dental clinic
located at 1250 S Buckley Road, Aurora, Colorado.  The company's
gross revenue amounted to $938,213 in 2016 and $882,106 in 2015.
ABC Family Dental is 100% owned by Michael Shifman.

ABC Neighborhood sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 17-21637) on Dec. 26,
2017.  Michael Shifman, its owner, signed the petition.  At the
time of the filing, the Debtor disclosed $92,521 in assets and
$1.21 million in liabilities.  Judge Kimberley H. Tyson presides
over the case.  

The Debtor hired Kutner Brinen, P.C., as its bankruptcy counsel,
and Hristopoulos & Company, P.C., as its accountant.


AC I NEPTUNE: Sale of Property to Pinellas for $5.8MM to Fund Plan
------------------------------------------------------------------
AC I Neptune, LLC, filed with the U.S. Bankruptcy Court for the
Southern District of New York a disclosure statement in connection
with its proposed plan of reorganization dated Nov. 6, 2018.

Under the plan, each holder of an Allowed Class 3 General Unsecured
Claim will receive a Cash distribution out of the Net Sale Proceed
equal to the full Allowed amount of their Allowed General Unsecured
Claims on the later of: (i) 10 days after the Closing Date or (ii)
three business days after such Claim becomes an Allowed Claim, not
to exceed payment in full, plus interest at the legal rate.

The means of implementation of the Plan is the sale of the New
Jersey Property to Pinellas Gateway, LLC for $5,800,000. The Debtor
believes that the proceeds generated by the sale will pay all
allowed claims of creditors with a significant return to equity.

A copy of the Disclosure Statement is available for free at:

     http://bankrupt.com/misc/nysb18-20007-49.pdf

                  About AC I Neptune

AC I Neptune LLC is a real estate company whose principal assets
are located at 3501 Route 66 Neptune, New Jersey.

AC I Neptune sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 18-12420) on Aug. 9, 2018.  On Aug.
10, 2018, the case was transferred from the Manhattan Divisional
Office to the White Plains Divisional Office and was assigned a
new
case number (Case No. 18-20007).    

At the time of the filing, the Debtor estimated assets of $1
million to $10 million and liabilities of $1 million to $10
million.  

Judge Stuart M. Bernstein presides over the case.


AINA LE'A: Seeks Court Approval of Proposed Plan Outline
--------------------------------------------------------
Aina Le'a, Inc., filed a motion asking the U.S. Bankruptcy Court
for the District of Hawaii to approve its disclosure statement in
support of its plan of reorganization dated Nov. 6, 2018.

The Debtor also requests that the Court schedule a confirmation
hearing ideally on April 16 and 17, 2019.

According to the Debtor, the proposed Disclosure Statement contains
the requisite information regarding the classification and
treatment of creditors, a detailed description of the history of
the Debtor, its assets and liabilities, and summary of
post-petition developments, tax implications, and the means for
implementation of the Plan. The Disclosure Statement satisfies the
standard for adequacy under section 1125(b) of the Bankruptcy Code.


Generally, the Plan contemplates that, prior to the Effective Date,
the Debtor will raise not less than $2,500,000 through the DIP/Exit
Facility. Following the Effective Date, the Debtor projects
sufficient future cash flows generated from sales in the Lulana
Gardens Development Project alone to be sufficient to pay nearly --
if not all -- amounts owing by the Debtor under the Plan to all
Creditors.

The Lulana Gardens Development Project calls for the development of
the 38 acres on Parcel D-1-B-2 commonly known as Lulana Gardens
through construction of 432 townhouse units thereon designed to
meet local housing needs and earn the Debtor at least 385
affordable housing credits. Construction of the Lulana Gardens
Development Project will commence following satisfaction of all
Governmental Development Conditions, which is expected within six
to twelve months following the Effective Date.

Funds to develop the Lulana Gardens Development Project are
projected to be advanced through two separate financings (the "New
LG Loans"). One of the projected New LG Loans is a construction
loan to be executed following the lifting of the Tolling Order and
satisfaction of other Governmental Development Conditions to
thereby enable the Reorganized Debtor to borrow up to $45 million
for purposes of funding the construction of the Lulana Gardens
Development Project (the "New LG Construction Loan").

The Company projects that the New LG Construction Loan will be
obtained through a debt facility with Summit Financial and
Investment Group ("Summit"), a direct lender and investment banking
institution that provides construction financing for complex real
estate development projects like the Lulana Gardens Development
Project. Closing of the New LG Construction Loan is projected to
result in the payoff of the balance due under the DIP/Exit Facility
and the Allowed Class 2A Secured Claim of Romspen.

The second of the projected New LG Loans is a loan following the
lifting of the Tolling Order and satisfaction of other Governmental
Development Conditions to thereby enable the Reorganized Debtor to
borrow up to $65 million for the construction of 160 of the 432
townhouses at the Lulana Gardens Development Project through a loan
guaranteed by the United States Department of Housing and Urban
Development ("New LG HUD-Guaranteed Loan").

The Company projects that this capital will be obtained through a
debt facility with Bellwether Enterprise Real Estate Capital, LLC
("Bellwether"), a national, full-service commercial real estate and
multi-family mortgage banking company with an integrated servicing
platform.

Based on advice provided by the Company's financial advisor,
Imperial Capital, LLC ("Imperial") and the Company's own
discussions with multiple potential lending sources, the Company
believes a $45 million New LG Construction Loan through Summit and
a $65 million New LG HUD-Guaranteed Loan will provide the most
favorable terms for obtaining the necessary construction funding
for the Lulana Gardens Development Project.

Class 3A Allowed General Unsecured Claims, including all interest
accruing on the principal balance after the Effective Date at 6%
per annum, will be paid on the tenth anniversary of the Effective
Date.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y8fk8jun from PacerMonitor.com at no charge.

                        About Aina Le'a

Aina Le'a has approximately 500 shareholders and is a voluntary
SEC
reporting company. It was initially formed by DW Aina Le'a
Development, LLC ("DW") as a Nevada limited liability company Aina
Le'a, LLC on April 1, 2009, and converted into Aina Le'a, Inc., a
Delaware corporation, on February 6, 2012. From its formation 2009
through February 2012, Aina Le'a was owned by DW.

Aina Le'a, Inc. filed a Chapter 11 bankruptcy petition (Bankr. D.
Hawaii Case No. 17-00611) on June 22, 2017.  In its petition, the
Debtor estimated $100 million to $500 million in assets and $10
million to $50 million in liabilities.  The petition was signed by
Robert Wessels, its CEO.

Choi & Ito represents the Debtor as bankruptcy counsel and
Robbins,
Salomon & Patt, Ltd. as co-counsel. Nixon Peabody, LLP, as special
corporate counsel. The Debtor employed Imperial Capital LLC as
investment banker.

On July 17, 2017, the Office of the U.S. Trustee appointed an
Unsecured Creditors' Committee in this case, consisting of
TrueStyle Pacific Builders L.L.C., Macias Gini & O'Connell, LLP
and
Clifford & Company, Inc.  The U.S. Trustee expanded the Committee
on July 20, 2017 to add E.M. Rivera & Sons, Inc. and Engineering
Partners, Inc.  The Committee hired Case Lombardi & Pettit as
attorney.


AIR MEDICAL: $14MM Bank Debt Trades at 3% Off
---------------------------------------------
Participations in a syndicated loan under which Air Medical Group
Holdings Inc. is a borrower traded in the secondary market at 97.10
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.81 percentage points from the
previous week. Air Medical pays 425 basis points above LIBOR to
borrow under the $14 million facility. The bank loan matures on
March 14, 2025. Moody's rates the loan 'B1' and Standard & Poor's
gave a 'B' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
November 9.


AIR MEDICAL: $19MM Bank Debt Trades at 4% Off
---------------------------------------------
Participations in a syndicated loan under which Air Medical Group
Holdings Inc. is a borrower traded in the secondary market at 96.09
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.79 percentage points from the
previous week. Air Medical pays 325 basis points above LIBOR to
borrow under the $19 million facility. The bank loan matures on
April 28, 2022. Moody's rates the loan 'B1' and Standard & Poor's
gave a 'B' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
November 9.


AIR METHODS: S&P Cuts Issuer Credit Rating to 'B-', Outlook Stable
------------------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Air Methods
Corp. to 'B-' from 'B'. The outlook is stable.

S&P said, "At the same time, we lowered our issue-level rating on
the company's senior secured credit facility, which comprises a
$125 million revolving credit facility due in 2024 and a $1.25
billion senior secured term loan B due in 2024 to 'B' from 'B+',
with a '2' recovery rating. We also lowered our rating on the $500
million senior unsecured notes due in 2025 to 'CCC' from 'CCC+'.
The '2' and '6' recovery ratings on the first-lien debt and senior
unsecured debt, respectively, remains unchanged.

"The downgrade reflects our lowered projections following
underperformance year-to-date, stemming from unfavorable payer-mix
trends, lost business opportunities from resource constraints,
adverse weather, and reduced bases due to loss of contracts." Given
the highly-fixed cost structure (about 85%), Air Methods was hit by
significant pressures on EBITDA margins and a material increase in
adjusted elevated leverage. The downgrade also reflects a greater
appreciation of volatility of profitability.

The stable outlook on Air Methods reflects S&P Global Ratings'
expectation that the company's operation will moderately improve in
2019 and that it will effectively manage through inherent business
volatility, consistently generating at least modestly positive free
cash flow.



ALAMO TOWERS: Partner's Buying San Antonio Property for $15M
------------------------------------------------------------
Alamo Towers-Cotter, LLC, asks the U.S. Bankruptcy Court for the
Western District of Texas to authorize the sale of the real
property located at 901 and 909 N.E. Loop 410, San Antonio, Texas,
commonly known as the "Alamo Towers," together with all structures,
buildings, improvements and fixtures affixed or attached thereto
and all easements and rights appurtenant thereto, to Partner's
Investors, LLC for $14.85 million.

The Debtor owns and operates Property.  The Property is a two
nine-story commercial real estate office buildings with surrounding
parking facilities.  This is a single asset real estate, in which
the Debtor's primary asset is the Property.  The current occupancy
rate for the Property is approximately 59.83%.

The secured lender MF-CFC 2007-7 NE Loop 410, LLC c/o LNR Partners,
LLC filed a fully secured proof of claim in the amount of
$11,485,887.  The ad valorem property taxes assessed against the
properties are current.  In addition, the Debtor lists $120,001
which would be potentially due to mechanic's lien claimants and
judgment holders, and $177,921 to unsecured creditors (both
priority and general unsecured).

The Debtor filed the case asking to reorganize its debts under
Chapter 11 of the Bankruptcy Code through a liquidating plan.  It
has an essential need to sell the Alamo Towers properties and
payoff MF-CFC, the ad valorem property taxes, and other valid liens
encumbering the property.  The Debtor's representative also
believes there is sufficient equity in the property to payoff other
creditors who may hold allowed claims in this bankruptcy case with
funds remaining to be administered for the benefit of the equity
holder of the Debtor, being the Estate of James F. Cotter,
Deceased.  It is anticipated that a sale will facilitate the
complete administration of the bankruptcy estate.

On Feb. 16, 2018, the Debtor retained Cushman & Wakefield as Real
Estate Broker.  Pursuant to the terms of the Listing Agreement,
Cushman marketed the Property employing a thorough and time-tested
sales process that commenced on Jan. 15, 2018, and ended on or May
1, 2018.

Cushman set a timeline for potential buyers to make bids on the
Property.  After receiving updated bids, three potential buyers
were selected to be interviewed by Cushman and a representative of
the Debtor.  At the conclusion of the sales and marketing process,
it was determined that the best and final bid was made by an heir
of the Cotter Estate in the amount of $15.2 million.  On June 4,
2018, Cushman advised the proposed buyer's representative of the
winning bid.

On Aug. 17, 2018, the Debtor filed its Sale Procedures Motion.  A
hearing was held on the Sale Procedures Motion on Sept. 5, 2018.
Thereafter, the Court entered an Interim Order on Sept. 10, 2018 to
assist in the expeditious and efficient conclusion of a sale of the
Property.  It set minimum parameters for any potential purchase and
sale agreement which the Court found to be reasonable and
appropriate in this case, and ordered that such an agreement be
executed on Oct. 5, 2018.  The Court further ordered Cushman to
contact each of the three interested buyers identified.  It
continued the matter for a final hearing so that Cushman could
obtain the responses and present them to the Court for
consideration.

On Sept. 17, 2018, the Court conducted a hearing and considered the
information obtained from the potential buyers for the Property.
On Sept. 26, 2018, the Court entered a final Order with respect to
the Sale Procedures Motion.  In the Final Order, the Court ordered
Debtor's representative to enter into a purchase and sale agreement
under the parameters identified therein with either of the
alternate buyers identified at the hearing on the Sale Procedures
Motion for the reasons noted in the Final Order.

As such, the Debtor's representative selected a $14.85 million
offer from the Buyer, which was the next highest bid for the
Property.  On Oct. 5, 2018, a Motion to Modify the Final Order was
filed but was later withdrawn.

The counsel for the Buyer and the Estate of James F. Cotter
negotiated and executed an Agreement for Purchase and Sale on Oct.
5, 2018, in compliance with the Final Order.  The parameters of the
Agreement comply with the Court's ruling in both the Interim Order
and Final Order on the Sale Procedures Motion.  The Debtor proposes
to sell the Property free and clear of liens, claims, encumbrances
and interests.

These liens, claims, encumbrances and interests are known to exist
against the Property or have been identified by Heritage Title
Company of Austin, Inc. in a report issued in connection with its
Commitment for Title Insurance:

     a. Ad valorem property taxes owed to Bexar County and the
entities for which it collects such taxes.

     b. Filing dated Feb. 28, 2007, recorded in Volume 12724, Page
1408, Real Property Records of Bexar County, Texas, executed by
Alamo Towers-Cotter, LLC, a Delaware limited liability company,
securing payment of one note of even date therewith in the
principal sum of $12.72 million, payable to the order of PNC Bank,
National Association, as therein provided;

     c. Mechanic's Lien Affidavit executed by Texas Chiller System
Contractor, dated October 11, 2017, recorded in Volume 18791, Page
457, Real Property Records of Bexar County, Texas, claiming the sum
of $19,198;

     d. Mechanic's Lien Affidavit executed by SPG Moquette, Inc.,
doing business as Carpet Management, as Contractor, dated Dec. 14,
2016, recorded in Volume 18257, Page 592, Real Property Records of
Bexar County, Texas, claiming the sum of $7,938;

     e. Abstract of Judgment recorded on Oct. 20, 2017, recorded
under Volume 18805, Pages 1617-1618, Real Property Records of Bexar
County, Texas, in favor of Mary K. Viegelahn, in her capacity as
the Chapter 13 Trustee for the Western District of Texas-San
Antonio Division, in the amount of $43,696 plus $414 in costs. On
July 12, 2018, the Estate of James F. Cotter, Deceased, purchased
the Judgment and rights incident thereto in connection with
obtaining a release for another entity against whom the Judgment
was abstracted.  Therefore, the Judgment is now owned by the same
entity that owns the Debtor.

The Debtor's counsel has ensured that each of the foregoing
creditors are listed on the certificate of service attached to the
Motion and will receive notice of the Motion.

The Debtor asks an order authorizing it to transfer the Property to
the Buyer, and such transfer be deemed to (a) constitute a legal,
valid, binding and effective transfer of the Property, (b) vest the
Buyer with title to the Property and (c) upon the Debtor's receipt
of the Purchase Price, be free and clear of all liens, claims,
encumbrances and other interests of any kind or nature whatsoever,
including but not limited to, successor or successor-in-interest
liability and claims.

It further asks an order that such liens, including mechanics,
materialmen and subcontractor liens and rights to receive payment
of trust funds, claims and other interests will attach to the
proceeds of the Sale.

Notwithstanding the foregoing, the Debtor also asks that the Sale
Order provides that at Closing, the Title Company closing the Sale
will pay the full amount of taxes or assessments due and owing to
the Bexar County, pro-rated to the date of closing.  It also asks
that the Sale Order provides that at Closing, the Title Company
closing the Sale will pay the full amount due and owing to MF-CFC.

Finally, the Debtor asks that the Court orders that the Sale Order
will take effect immediately and will not be stayed pursuant to
Bankruptcy Rules 6004(h), 6006(d), 7062, 9014, Federal Rule of
Civil Procedure 62(a) or otherwise, and that the Debtor and the
Buyer are authorized to close the Sale immediately upon entry of
the Order.

A copy of the Agreement attached to the Motion is available for
free at:

   http://bankrupt.com/misc/Alamo_Towers_119_Sales.pdf

The Purchaser:

          PARTNERS INVESTORS, LLC
          8500 Village, Suite 300
          San Antonio, TX 78217
          Telephone: (210) 444-1400
          E-mail: cbrown@primepartners.com
                  bwilson@@primepartners.com

The Purchaser is represented by:

          John Mosley, Esq.
          3834 Spicewood Springs Road, Suite 202
          Austin, TX 78759
          Telephone: (512) 327-7777
          E-mail: john@rjmosley.com

                 About Alamo Towers - Cotter

Alamo Towers - Cotter, LLC, owns an eight-story low-rise building
in San Antonio, Texas.  Located in the heart of the north central
office market, Alamo Towers is centrally accessible to all key
activities in the city.  The 198,452 sq. ft. facility features easy
access to San Antonio's major highways, panoramic views and ample
parking space.  

Alamo Towers - Cotter filed a Chapter 11 petition (Bankr. W.D. Tex.
Case No. 17-52599) on Nov. 6, 2017.  In the petition signed by
Marcus P. Rogers, as Ind. Adm. Of the Est. of James F. Cotter,
Dec'd, the Debtor estimated assets and liabilities at $10 million
to $50 million each.

The case is assigned to Judge Craig A. Gargotta.

The Debtor is represented by Anthony H. Hervol, Esq., of the Law
Office of Anthony H. Hervol.  

No trustee or examiner has been appointed in the Debtor's Chapter
11 case.

Employ Cushman & Wakefield was appointed by the Court as real
estate broker on April 5, 2018.


ALGODON GROUP: CEO Mathis is "Excited About the Future"
-------------------------------------------------------
Algodon Group, Inc. sent a letter from its Chief Executive Officer
and President, Scott Mathis, to its stockholders and business
associates on Nov. 7, 2018, as follows:

Dear Algodon Stockholders,

Algodon Group's mission is to increase our scale in reach, in
revenues and in profitability.  We believe our goal of becoming the
LVMH of South America (Moet Hennessy Louis Vuitton SE) can help us
to achieve that.  To that end, this year we created and brought to
reality the e-commerce driven, high-end fashion and leather
accessories brand called Gaucho - Buenos Aires, which we believe
offers the potential for immediate revenues and growth/scale on a
global basis.

Navigating the storm of doing business in Argentina, and the peso
devaluation

It certainly has not been easy weathering the storm of the rapid
peso devaluation that started earlier in the year, but that
negative has brought some equivalent positives.  The IMF is
recently back on board with an approved 57 Billion USD loan
package, Morgan Stanley (MSCI) has upgraded Argentina from a
Frontier Market to Emerging Market status, and as was recently
published in Forbes magazine, Argentina's Perfect Storm Creates a
Buying Opportunity.
(https://www.forbes.com/sites/thomaslandstreet/2018/08/03/argentina-a-perfect-storm-creates-a-buying-opportunity/#3ced68ce6438)

Algodon Group is in the process of pivoting operations to focus
primarily on e-commerce sales, in addition to our wines which also
serve as ambassador to our substantial 4,138 acre wine and real
estate development.  We believe that our pivot and ongoing
restructuring of our Argentine operations can have a positive
impact and overall improvement on our business in 2019.

As previously reported, we have completed infrastructure on many
lots that allow us to recognize revenues, and we anticipate the
infrastructure will be complete on 97 lots by Q2 2019.

Through the efforts of our US wine importer, Seaview Imports, our
US wine distribution continues to grow through many retail channels
across the US.

Our goal for 2019 is to focus on actions that can result in
immediate revenues, such as e-commerce, continued deeding of lots
and real estate sales and greater distribution of our wines by
supporting our importer and their network partners.

Gaucho - Buenos Aires Press Launch

For those who were not able to join us for the live streaming of
Gaucho - Buenos Aires' media launch on October 28, you can watch a
few videos of the event at the links below.

If you haven't already followed @gauchobuenosaires on Instagram,
please take this opportunity to do so!

Judging by the feedback of the Argentine press and media that
attended, our inaugural PR launch at Algodon Mansion was successful
in generating an early buzz about our brand, our designers, and our
soon to launch e-commerce platform.

We are very pleased that our launch created a significant amount of
press and interest, and has provided a generous amount of content
for our social media and marketing team.

CLICK HERE TO VIEW OUR PR REPORT AND MEDIA COVERAGE FROM THE EVENT.
https://www.algodongroup.com/Gaucho_Media_Nov_2018.pdf

https://www.facebook.com/gauchobuenosaires/videos/323484811568808/

Over the last several days, we've seen nearly a 1000% increase in
our social media follower base, which continues to grow daily.  For
this, we thank all those who have shared news of our arrival to the
world fashion scene to their social platforms, including social
media influencer Neels Visser, our designers Santiago Gallo and
Carmen Vils, and numerous Argentine and International celebrities
that attended the launch (see the list below).

Among others, some notable celebrity attendees of the launch
include:

   * Neels Visser (World Famous Social Media Influencer with 2.7
     Million followers on Instagram)

   * Rosella Della Giovampaola (Argentine/International Actress)

   * Carla Quevedo (Argentine Actress with 62.5k followers on
     Instagram)

   * Ferro Toto (Argentine Actor - Star of "El Angel" - with 250k
     followers on Instagram)

   * Emilia Attias (Argentine Actress with 1.1 Million followers
     on Instagram)

   * Michel Noher (Argentine Actor with 352k followers on
     Instagram)

Significant press mentions from the launch include:

    * Nista.com.ar (http://www.nista.com.ar/inside/el-espiritu-
      argentino-by-gaucho-buenos-aires)

    * Loqueva.com (https://loqueva.com/llego-gaucho-buenos-aires-
      una-nueva-marca-de-lujo- argentino/)

    * Numeral.com.ar (https://www.numeral.com.ar/gaucho-el-
      espiritu-de-la-argentina/)

We have also been interviewed by Forbes Argentina as well as El
Cronista, one of the largest business publications in Argentina (we
hope to share both articles with you soon), and we look forward to
more press on Gaucho in the days ahead.

Gaucho - Buenos Aires Retail Location

Over the next few weeks we are working hard to secure a location in
Punta Del Este, Uruguay to set up a short-term (1 month lease or
less) retail store (commonly referred to as pop-up) for the summer
high season (during our winter).

Our future goal of course is to also secure pop-up locations in
several targeted US cities, such as NYC, LA, Chicago, Aspen,
Dallas, Houston and Miami.

Pre-Sale Orders Available Soon

Additionally, we are planning a Family and Friends "discounted"
holiday pre-sale of early production items, which we hope will be
available for online ordering by mid-November or early December.
This pre-sale opportunity gives us a solid foundation to sell
inventory and subsequently collect and analyze sales data.  This
early market action may help to inform subsequent decisions on
target demographics, sizes, quantities, and styles, as well as
branding and website development.  Furthermore, these sales
channels can provide a platform for Gaucho - Buenos Aires to expand
on its media content for digital distribution.

US Trademark Process

We are currently in the process of solidifying US trademarks on our
name and logo.  Please follow this link (on Trademarkia.com) to
view our progress.
(https://www.trademarkia.com/gaucho—buenos-aires—87743647.html)

We are excited about the future, and we are very happy that you are
with us on this journey.

There are no guarantees in life, but we think that Gaucho - Buenos
Aires has the potential to be a global brand.  If we are able to
achieve that, then the effort and time will likely be well worth
it.  We are witnessing the power and potential of this brand.  The
inherent brand recognition associated with the word "Gaucho", not
just in Argentina or the US, but all over the world, is a built-in
asset that should not be underestimated.

Sincerely,

Scott L. Mathis
Chairman & Founder
(212) 739-7650
smathis@algodongroup.com
www.AlgodonGroup.com

                      About Algodon Group

Through its wholly-owned subsidiaries, Algodon Group, Inc.,
formerly known as Algodon Wines & Luxury Development Group, Inc. --
http://www.algodongroup.com/-- invests in, develops and operates
real estate projects in Argentina.  Based in New York, Algodon
operates a hotel, golf and tennis resort, vineyard and producing
winery in addition to developing residential lots located near the
resort.  The activities in Argentina are conducted through its
operating entities: InvestProperty Group, LLC, Algodon Global
Properties, LLC, The Algodon - Recoleta S.R.L, Algodon Properties
II S.R.L., and Algodon Wine Estates S.R.L.  AWLD distributes its
wines in Europe through its United Kingdom entity, Algodon Europe,
LTD.

Algodon Wines reported a net loss attributable to common
stockholders of $8.25 million for the year ended Dec. 31, 2017,
compared to a net loss attributable to common stockholders of
$10.04 million for the year ended Dec. 31, 2016.  As of June 30,
2018, the Company had $5.39 million in total assets, $4.67 million
in total liabilities, $9.02 million in series B convertible
preferred stock, and a total stockholders' deficiency of $8.30
million.

Marcum LLP, in New York, the Company's auditor since 2013, issued a
"going concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2017, citing that the
Company has incurred significant losses and needs to raise
additional funds to meet its obligations and sustain its
operations.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.


ALGOMA STEEL: S&P Gives Prelim. 'B-' LongTerm ICR, Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings assigned its 'B-' preliminary long-term issuer
credit rating to Canada-based Algoma Steel Inc. The outlook is
stable.

At the same time, S&P Global Ratings assigned its 'B-' preliminary
issue-level rating and '4' preliminary recovery rating to the
company's proposed US$300 million term loan due 2025. The '4'
preliminary recovery rating reflects S&P's expectation for average
(30%-50%; rounded estimate 35%) recovery in its simulated default
scenario.

S&P said, "Final ratings will depend on the successful execution of
the proposed financing and emergence from The Companies' Creditors
Arrangement Act (CCAA) on terms consistent with our current
assumptions. We expect Algoma's emergence from CCAA protection at
the end of November or thereabouts. If the terms on which the
company emerges are materially different from our assumptions, we
reserve the right to withdraw or amend our ratings on Algoma."

The preliminary issuer credit rating on Algoma primarily reflects
the company's limited operating breadth as a single site commodity
steel producer, and historically volatile margins and credit
measures. S&P expects the company's prospective credit measures
will mainly benefit from materially lower debt levels at emergence
from CCAA protection, and strong steel prices that it assumes will
persist over the next 12 months. However, the rating incorporates
the potential that margins, leverage, and liquidity could
materially weaken from a relatively modest decline in steel prices,
which are near cycle-peak levels.

S&P said, "The stable outlook reflects the material reduction in
Algoma's estimated debt levels following the company's emergence
from creditor protection, and our expectation that favorable steel
prices over the next 12 months will limit downside risk to its
liquidity. We estimate adjusted debt-to-EBITDA of below 3x in
fiscal 2019 with relatively stable liquidity, but assume leverage
will increase in fiscal 2020 mainly from lower steel margins.

"We could downgrade the company over the next 12 months if earnings
and liquidity were to weaken beyond our expectations. In our view,
this could result from a sharp decline in steel prices (without an
offsetting removal of tariffs) or higher-than-expected input costs.
In this scenario, we would expect EBITDA interest coverage to
decline below 2x, and likely consider the company's capital
structure unsustainable."

Upside to the rating is considered unlikely over the next 12
months, based on Algoma's limited operating breath and high
sensitivity to steel price fluctuations. S&P said, "Nevertheless,
we could raise the ratings if we expect adjusted debt-to-EBITDA to
remain below 3x. In our view, this could result from steel prices
that exceed our expectations for a protracted period. We would also
expect the company to generate positive free cash flow to an extent
that meaningfully improves its liquidity position."


ALL-STATE FIRE: Closing Augusta Property Sale to Smiths for $86K
----------------------------------------------------------------
Raymond S. Gibler, an affiliate of All-State Fire Protection, Inc.,
asks the U.S. Bankruptcy Court for the District of Colorado to
authorize him to close on the Installment Contract for Deed with
Cleve Smith and Jaime Smith, in connection with the sale of the
real property located at 1211 SW 110th Street, Augusta, Kansas; and
to accept payment of $85,623 as amounts owed to Debtor under the
Contract.

The Debtor owns a 100% interest in All-State.  His bankruptcy case
is being jointly administered with All-State's bankruptcy case.

The Debtor asks approval to effectuate a sale of the Augusta
Property.  The Augusta Property consists of approximately 50 acres
on which there is a house, two barns, and a garage.

In June 2007, the Debtor entered into the Contract with the Smiths.
At the time the Contract was executed, an Affidavit of Equitable
Interest was recorded with the Butler County, Kansas Register of
Deeds office.  Additionally, Gibler executed a Joint Tenancy
Warranty Deed conveying the Property to the Smiths, and that
Warranty Deed was placed in escrow pending full performance under
the Contract.

The Contract provides for a purchase price if $258,700, which
included $161,000 that was owed at that time to the holder of a
first mortgage on the Property, CitiMortgage, Inc., plus an
additional $97,700 to the Debtor.  CitiMortgage subsequently
conveyed the mortgage to Ditech Financial, LLC, which currently
holds the mortgage against the Property.

The Smiths were required to pay a monthly amount to Gibler equal to
the monthly amounts due on the mortgage which varied based upon the
amount of real estate taxes and insurance.  The amount owed to
Gibler was to be amortized over 30 years with an interest rate of
6.75% per annum.  The Smiths paid all real estate taxes and
insurance, through monthly installment payments to
CitiMortgage/Ditech.

The Contract permits the Smiths to prepay Gibler and the mortgage
holder at any time in order to take full legal ownership of the
Property.  As of the date of this Motion, Ditech is owed
approximately $126,019.  As of the date of the Motion, Gibler and
the Smiths agree that Gibler is owed approximately $85,627 under
the Contract.

The Debtor does not believe the Contract is executory.  So long as
the Smiths performed, Gibler merely had to accept payments.  Upon
payment of the Purchase Price, in full, the escrow agent has
instructions to record the Warranty Deed that conveys legal title
to the Property from Gibler to the Smiths.

Disputes have arisen between Debtor and the Smiths as to the true
nature of the Contract under Kansas law.  The Debtor asserts that
he still owns the Augusta Property and the Smiths have an equitable
interest in the Augusta Property to purchase the property pursuant
to the terms of the Contract.  The Smiths assert that Debtor
conveyed his equitable interest in the Augusta Property to them
under the Contract so that the Smiths are the true owners with the
Debtor holding an equitable lien against the Augusta Property to
secure the Smiths’ obligations due under the Contract.

Either way, the Smiths wish to prepay the amounts due and owing
under the Contract to the Debtor and DiTech to finalize the
purchase of the Augusta Property.  However because Debtor asserts
that he still owns the Augusta Property, the Debtor is asking
approval to effectuate a sale of the Augusta Property to the
Smiths.

The Debtor is asking Court authorization to close on the Contract,
and at closing pay the outstanding balance on the secured debt owed
to DiTech; accept $85,627 as the balance due to Debtor under the
Contract; and instruct the escrow agent to record the Warranty Deed
held in escrow.

The Debtor asks that any sale of the Augusta Property to the Smiths
be free and clear of all liens, claims, and encumbrances.  The
recorded liens (DiTech mortgage and arguably the Debtor's equitable
lien) on the Augusta Propelty will be paid at closing.  The only
other known claims to the Augusta Property are the Debtor's and the
Smith's equitable interests, who both consent to a closing on the
Augusta Property pursuant to the terms of the Contract.

There is a sound business reason to complete the sale of the
Augusta Property to the Smiths pursuant to the terms of the
Contract.  First, the Debtor and the Smiths agree that the Contract
is controlling as to their interests in the Augusta Property and
that the Debtor and the Smiths have properly recorded their
equitable interests in the Augusta Property under Kansas law.  The
Smiths have the right to prepay their obligations under the
Contract to the Debtor and Ditech and upon payment in full of the
Purchase Price, to have the Warranty Deed recorded.  More
important, the sale will eliminate Gib1er’s obligation to Ditech
and provide him with capital that will assist with his
reorganization.

A copy of the Contract attached to the Motion is available for free
at:

    http://bankrupt.com/misc/All-State_Fire_424_Sales.pdf

                About All-State Fire Protection

All-State Fire Protection, Inc., based in Wiggins, Colo.,
specializes in the installation of fire sprinkler systems for
residential and commercial clients.

All-State Fire Protection filed a Chapter 11 petition (Bankr. D.
Colo. Case No. 17-15844) on June 23, 2016, estimating $1 million to
$10 million in assets and liabilities. The petition was signed by
Raymond Gibler, president.

The Hon. Thomas B. McNamara presides over the case.

Kenneth J. Buechler, Esq., at Buechler & Garber, serves as
bankruptcy counsel to the Debtor.


ALTA MESA: Reports Q3 2018 Financial and Operational Results
------------------------------------------------------------
Alta Mesa Resources, Inc., announced third quarter 2018 unaudited
consolidated financial results and certain financial and
operational results for its subsidiaries, Alta Mesa Holdings, LP
and Kingfisher Midstream, LLC.

Highlights:

   * Q3-18 net production of approximately 33,400 BOE per day (50%
     oil, 72% liquids), up over 30% from Q2-18, September average
     was approximately 36,800 BOE per day

   * Oil volumes for Q3-18 were approximately 16,700 Bbls per day,
     up over 35% from Q2-18

   * Production guidance for full-year 2018 reaffirmed at 29,000
     to 31,000 BOE per day, 2018 exit rate guidance reaffirmed at
     38,000 to 40,000 BOE per day

   * Kingfisher Midstream Q3-18 system gas volumes of 116 MMcf per
     day, up over 20% from Q2-18

   * Kingfisher Midstream EBITDA guidance for Q4-18 of $14 to $16
     million

   * Alta Mesa Resources completed the transfer of the produced
     water business from Alta Mesa Upstream to Kingfisher
     Midstream, effective Oct 1, 2018

   * Alta Mesa Resources repurchased and retired approximately 3.1
     million of its Class A common shares under its stock buy-back
     program at a weighted average price of $4.76 per share

Hal Chappelle, Alta Mesa Resources' president and chief executive
officer, stated, "We have continued to execute at a high level of
excellence in the field, bringing over 50 wells on production this
quarter while controlling capital costs.  With over 20 new
multi-well patterns being brought onto production in 2018, we have
significantly expanded our understanding of the optimal development
strategies for our asset base.  We are leveraging this expanded
understanding to continue to refine our development plans for 2019
and beyond with a focus on maximizing capital efficiency and
shareholder returns."

Third Quarter 2018 Financial Summary

Net income, attributable to Alta Mesa Resources' stockholders,
during the third quarter of 2018 was $7.1 million or $0.04 per
basic and diluted share.  Adjusted earnings before interest, income
taxes, depreciation, depletion and amortization and exploration
costs and other items was $83.8 million for the third quarter of
2018.  Alta Mesa Upstream had a net income during the third quarter
2018 of $17.8 million, and Adjusted EBITDAX of $73.4 million.
Kingfisher Midstream had a net income during the third quarter of
$2.1 million, and adjusted earnings before interest, income taxes,
depreciation, depletion and amortization and other items of $10.9
million.  For the third quarter of 2018, the produced water
business remains in the Alta Mesa Upstream results.

Alta Mesa Upstream Operational Results

Total production for the third quarter of 2018 was 3,077 MBOE, an
average of 33,400 BOE per day, up over 30% from the second quarter
of 2018.  September 2018 average production was 36,800 BOE per day
which is up by more than 80% from the 2017 exit rate.  Alta Mesa
Upstream is reaffirming its previously published full year 2018
production guidance of 29,000 to 31,000 BOE per day and reaffirms
its expected 2018 production exit rate of 38,000 to 40,000 BOE per
day.

In the third quarter, Alta Mesa Upstream had eight rigs and four
frac crews working to complete the drilling of 46 wells and bring
53 wells onto production.  Two of the wells brought on production
were funded under the joint development agreement with BCE-STACK
Development LLC.  In 2018, through the end of the third quarter,
Alta Mesa Upstream has drilled 128 horizontal wells in the STACK.

Kingfisher Midstream and Produced Water Business Update

Kingfisher Midstream's system gas volumes for the third quarter of
2018 were 10.7 BCF, an average of 116 MMcf per day, up over 20%
from the second quarter of 2018.  September 2018 system gas volumes
averaged 123 MMcf per day compared to 82 MMcf per day at the time
of the business combination in early February 2018.

Alta Mesa Resources has completed the transfer of the produced
water business from Alta Mesa Upstream to Kingfisher Midstream for
a value of approximately $90 million, subject to closing
adjustments and will be funded under the Kingfisher Midstream
revolving credit facility.  The transaction closed Nov. 9, 2018
with an effective date of Oct. 1, 2018.  Produced water volumes for
the third quarter 2018 averaged approximately 75,000 barrels of
water per day.  This purpose-built and expanding system currently
consists of over 200 miles of permanently installed gathering
pipeline and 20 produced water disposal wells. Concurrently, Alta
Mesa Upstream entered a new 15-year produced water gathering and
disposal agreement with Kingfisher Midstream that includes all
current and future Alta Mesa Upstream acreage in select counties
including Kingfisher and Major county.

Craig Collins, chief operating officer of Kingfisher Midstream,
stated, "We are excited to mark a strategic milestone for
Kingfisher Midstream by having recently completed the transfer of
the produced water business from Alta Mesa Upstream.  The produced
water business further supports our efforts to provide
differentiated services at competitive rates that will establish
long term, multi-stream, fee-based growth for our midstream
business."  Collins added, "Continuing to execute on growing
volumes in all three product lines, gas, oil and produced water, is
a key focus as we exit 2018 and begin 2019."

Updated 2018 Guidance for Kingfisher Midstream

Kingfisher Midstream issued EBITDA guidance of $14 to $16 million
for Q4-2018 and updated full year 2018 EBITDA guidance to $36 to
$38 million.  These amounts include revenue generated in Q4-2018
from the newly transferred produced water business as if the
business was owned on Oct. 1, 2018.  This implies annualized
Q4-2018 Kingfisher Midstream EBITDA of $56 to $64 million.

Share Repurchase Program Update

The Company repurchased and retired approximately 3.1 million
shares of Class A common stock at a weighted average price of $4.76
per share under the previously announced $50 million share
repurchase program.  Repurchases are done at the company's
discretion in accordance with applicable securities laws from time
to time in open market or private transactions.

Management Update

The Company announced that Michael A. McCabe, Alta Mesa vice
president, chief financial officer and assistant secretary is
retiring from the Company.  To help ensure an orderly transition,
Mr. McCabe will remain with Alta Mesa while the company conducts a
search to fill the Chief Financial Officer position.

Mr. McCabe joined the company twelve years ago and has served as
the chief financial officer during a transformational period of
growth from a diversified private upstream company to a focused
pure play STACK company with integrated upstream and midstream
operations.  Hal Chappelle, Alta Mesa Resources' president and
chief executive officer, stated, "On behalf of the entire Board,
management team and Alta Mesa employees I want to thank Mike for
his dedication and valuable contributions during his more than a
decade at Alta Mesa.  Mike has played a significant role in the
evolution of the Company and its preparation for becoming public
via the business combination earlier this year.  I am deeply
appreciative that Mike will remain with the Company to help
facilitate a smooth leadership transition and wish him all the best
in his retirement."

"It has been a privilege to work alongside the talented and
dedicated Alta Mesa team," said McCabe.  "I am proud of the team we
have built and the asset base we have assembled.  The team and
assets are well positioned to deliver capital efficient growth for
years to come.  I am committed to working with Hal and the full
management team to ensure a smooth transition."

                       About Alta Mesa

Headquartered in Houston, Texas, Alta Mesa Holdings, LP --
http://www.altamesa.net/-- is an independent energy company
focused on the development and acquisition of unconventional oil
and natural gas reserves in the Anadarko Basin in Oklahoma and
provides midstream energy services, including crude oil and gas
gathering, processing and marketing to producers in the STACK play
region through Kingfisher Midstream, LLC.

Alta Mesa reported a net loss of $77.66 million for the year ended
Dec. 31, 2017, compared to a net loss of $167.9 million for the
year ended Dec. 31, 2016.  As of June 30, 2018, Alta Mesa had $2.81
billion in total assets, $769.70 million in total liabilities and
$2.04 billion in partners' capital.


ARCIMOTO INC: Signs Commercial Lease Agreement with TEJ Enterprises
-------------------------------------------------------------------
Arcimoto, Inc., entered into a Standard Industrial/Commercial
Single-Tenant Lease-Net with TEJ Enterprises, LLC on Oct. 18, 2018.
Pursuant to the Lease, the Company will lease approximately 4491
square feet of space located at 630 Tenth Avenue, San Diego, CA
from the Landlord, which the Company expects to use as a rental
center for its Fun Utility Vehicles, among other general retail,
dispatching, parking and charging services for electrical vehicles.
The Lease, which began on Nov. 1, 2018, has a term of five years.
Annual base rent under the Lease is approximately $8,982.00 per
month, plus a 5% management fee.

On Oct. 18, 2018, pursuant to an amendment to the Lease, the
Company sublet the Premises to Hula Holdings, Inc.  Pursuant to the
Lease Amendment, Hula has agreed to pay the Landlord 65% of the
annual base rent and associated costs under the Lease. However,
upon an event of default under the Lease, including the failure to
pay rent (subject to a cure period and duty to mitigate), the
Landlord may, among other things, terminate the Lease and require
the Company to surrender possession of the Premises and pay all
rent due and payable for the balance of Lease's term.

                      About Arcimoto, Inc.

Headquartered in Eugene, Oregon, Arcimoto, Inc. (NASDAQ: FUV) --
http://www.arcimoto.com/-- is engaged primarily in the design and
development of ultra-efficient three-wheeled electric vehicles.
Over the course of its first ten years, the Company designed built
and tested eight generations of prototypes, culminating in the Fun
Utility Vehicle.  The Fun Utility Vehicle is a pure electric
solution that is approximately a quarter of the weight, takes up a
third of the parking space of, and is dramatically more efficient
than the average passenger car in the United States.

The report from the Company's independent accounting firm
DBBMckennon, the Company's auditor since 2016, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company has suffered
recurring losses from operations and has earned limited revenues
from its intended operations, which raises substantial doubt about
its ability to continue as a going concern.

Arcimoto incurred a net loss of $3.31 million in 2017 and a net
loss of $1.91 million in 2016.  As of June 30, 2018, Arcimoto had
$14.30 million in total assets, $2.54 million in total liabilities
and $11.75 million in total stockholders' equity.


ARCTIC CATERING: Hires May Potenza Baran as Counsel
---------------------------------------------------
Arctic Catering, Inc., seeks authority from the United States
Bankruptcy Court for the District of Arizona (Phoenix) to hire May
Potenza Baran & Gillespie P.C. as its Chapter 11 counsel.

Professional services MPBG will render are:

     a. prepare pleadings and applications and conducting of
examinations incidental to estate administration

     b. advise the Debtor of its rights, duties, and obligations
under Chapter 11 of the Bankruptcy Code;

     c. take any and all other necessary action incident to the
proper preservation and administration of this Chapter 11 estate

     d. advise the Debtor in the formulation and presentation of a
sale and/or a plan pursuant to Chapter 11 of the Bankruptcy Code,
the disclosure statement and concerning any and all matters
relating to the case.

Hourly fees MPBG will charge are:

     Grant L. Cartwright            $395
     Andrew A. Harnisch             $395
     Elizabeth Luna (paralegal)     $165

Andrew A. Harnisch, partner with the law firm of May, Potenza,
Baran & Gillespie, P.C., attests that his firm is a "disinterested
person," as that term is defined in Section 101(14) and does not
hold an interest adverse to the estate.

MPBG can be reached through:

     Grant L. Cartwright, Esq.
     Andrew A. Harnisch, Esq.
     MAY, POTENZA, BARAN & GILLESPIE, P.C.
     201 N. Central Avenue, Suite 2200
     Phoenix, AZ 85004-0608
     Tel: (602) 252-1900
     Fax: (602) 252-1114
     E-mail: gcartwright@maypotenza.com
             aharnisch@maypotenza.com

                     About Arctic Catering

Founded in 1973, Arctic Catering, Inc. --
https://arcticcatering.com/ -- provides food services, lodging
operations, and camp management.

Based in Scottsdale, Arizona, Arctic Catering filed for bankruptcy
relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz.
Case no. 18-13118) on October 25, 2018.  In the petition signed by
David Gonzales, president/CEO, the Debtor estimates $1 million to
$10 million in assets and liabilities.  Andrew A. Harnisch, Esq. at
May Potenza Baran & Gillespie P.C., represents the Debtor.


ASTOR EB-5: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Astor EB-5, LLC
        14 NE 1 Ave., #1400
        Miami, FL 33132

Business Description: Astor EB-5, LLC is a Florida limited
                      liability company doing business as Hotel
                      Astor.  Located a few blocks from the beach,
                      this art deco boutique hotel with original
                      1930s terrazzo floors offers modern rooms,
                      private terraces with courtyard, and
                      on-site pools, among other amenities.  Visit
                      http://hotelastor.comfor more information.

Chapter 11 Petition Date: November 14, 2018

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Case No.: 18-24170

Judge: Hon. Jay A. Cristol

Debtor's Counsel: Paul L. Orshan, Esq.
                  ORSHAN, P.A.
                  701 Brickell Avenue Suite 2000
                  Miami, FL 33131
                  Tel: 305-529-9380
                  Fax: 305-402-0777
                  E-mail: paul@orshanpa.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by David J. Hart, manager.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 20 largest unsecured creditors is available
for free at:

            http://bankrupt.com/misc/flsb18-24170.pdf


ATLANTIC AVIATION: Moody's Assigns Ba3 CFR, Outlook Stable
----------------------------------------------------------
Moody's Investors Service assigned a Ba3 Corporate Family Rating
and a Ba3-PD Probability of Default Rating to Atlantic Aviation
FBO, Inc. Concurrently, Moody's assigned a Ba3 rating to the
company's proposed senior secured credit facility comprised of a
$300 million revolving credit facility and a $1,025 million term
loan. Proceeds from the facility will be used to refinance existing
indebtedness and to make a $350 million distribution to Atlantic's
parent company, Macquarie Infrastructure Corporation. The rating
outlook is stable.

RATINGS RATIONALE

The Ba3 CFR balances Atlantic's well-established network of
fixed-base operator (FBO) locations and healthy profitability and
cash flow metrics against high financial leverage and heavy
exposure to cyclical business jet and general aviation markets.
Moody's recognizes Atlantic's position as the second largest FBO
company within the US and the scale advantages that arise from its
geographically diverse footprint of 70 locations, many of which are
situated in high traffic metropolitan locations. Atlantic's strong
profitability speaks to its good competitive standing within the
highly fragmented FBO industry where the company benefits from its
position as either the sole or joint provider of FBO services in
the majority of its locations. Meaningful barriers to entry
including long-dated leases and sometimes-limited developable land
at FBO airports add further credit support. These positive factors
are tempered by the cyclical nature of general aviation markets
that are prone to earnings and cash flow pressures during an
economic downturn. An aggressive financial policy involving high
financial leverage (pro forma Moody's adjusted debt-to-EBITDA is
about 5x) along with Moody's expectations that substantially most
free cash flow will be upstreamed to Atlantic's parent rather than
be used for debt reduction also act as tempering considerations.

Moody's expects substantially all of Atlantic's cash flow to be
upstreamed to its parent MIC. MIC owns a portfolio of 4
infrastructure-related operating companies (including Atlantic),
all of which send the majority of their cash flow to MIC in order
to fund on-going dividends at the MIC (parent) level. Moody's notes
that debt incurred by the various operating companies is not
cross-collateralized or cross-guaranteed and that the operating
companies do not guarantee MIC debt. The rating favorably considers
the covenant protections that are expected to be in place including
a restricted payment covenant that limits upstreaming to MIC if
Atlantic's leverage exceeds 4.5x as well as an excess cash flow
sweep that comes into effect if leverage is greater than 4.5x.
Moody's also recognizes Atlantic's good stand-alone cash generative
capabilities and Moody's anticipates that the company will generate
healthy levels of free cash in 2019.

The stable rating outlook reflects Moody's expectations that
Atlantic's good competitive positioning combined with a favorable
near term operating environment will support a stable operating
profile in 2019.

Moody's expects Atlantic to maintain an adequate liquidity profile
over the next 12 months. The company has a relatively long-dated
capital structure with no principal obligations due until 2025
(assuming no draws under the revolver) and mandatory amortization
on term debt is modest at around $10 million per year. Moody's
anticipates relatively healthy levels of cash generation with free
cash flow (before dividends) expected to be in excess of $100
million in 2019. In keeping with historical practices, Moody's
expects that substantially most of this free cash will be
upstreamed to Atlantic's parent company MIC. External liquidity is
provided by a $300 million revolving credit facility that expires
in 2023. The revolver is expected to include a maintenance-based
total leverage ratio of 5.5x and Moody's anticipates comfortable
compliance with the covenant. The term loan is not expected to
contain any financial covenants.

Upward rating momentum is unlikely in the near-term given
Atlantic's high financial leverage and the company's relatively
modest size on an absolute basis. The ratings could be upgraded if
Moody's adjusted Debt-to-EBITDA was expected to remain in the low
3x range. Any upgrade would be predicated on strong operating
performance and the maintenance of good liquidity with FCF-to-Debt
(before dividends) expected to be sustained around 10%.

The ratings could be downgraded if Moody's expects Debt-to-EBITDA
to remain above 5.25x. A weakening liquidity profile such that
FCF-to-Debt was expected to deteriorate meaningfully, a growing
reliance on revolver borrowings or other external sources of
financing, or a potential breach of financial covenants would
create downward rating pressure. An expectation of a weakening in
general aviation traffic volumes or a large-sized leveraging
acquisition could also cause a ratings downgrade. A weakening of
MIC's overall credit profile such that MIC was expected to provide
diminished parental support to Atlantic could also cause downward
rating pressure.

The following is a summary of the rating actions:

Issuer: Atlantic Aviation FBO, Inc.:

Corporate Family Rating, assigned Ba3

Probability of Default Rating, assigned Ba3-PD

Gtd Senior Secured bank credit facility, assigned Ba3 (LGD3)

Outlook, assigned Stable

Atlantic Aviation FBO, Inc., headquartered in Plano, Texas, has
fixed base operator locations at 70 general aviation airports in
the US. The company's FBOs provide fueling and fuel related
services, aircraft parking, and hangar services to owners/operators
of jet aircraft, primarily in the general aviation sector of the
air transportation industry, but also to commercial, military,
freight and government aviation customers. Through an intermediate
holding company, Atlantic is owned by Macquarie Infrastructure
Corporation. Gross revenues for the twelve months ended June 2018
were approximately $900 million.

The principal methodology used in these ratings was Business and
Consumer Service Industry published in October 2016.


ATLANTIC AVIATION: S&P Assigns 'BB-' Long-Term ICR, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' long-term issuer credit
rating to Plano, Texas-based FBO provider Atlantic Aviation FBO
Inc. The outlook is stable.

S&P said, "At the same time, we assigned our 'BB' issue-level
rating and '2' recovery rating to the company's proposed $300
million revolving credit facility and $1.025 billion term loan B.
The '2' recovery rating indicates our expectation for substantial
(70%-90%; rounded estimate: 80%) recovery in the event of a payment
default.

"Our 'BB-' issuer credit rating on Atlantic reflects the company's
long-dated leases that provide it with high competitive barriers,
its good market position as the second largest FBO in the U.S., its
high exposure to fuel sales and the cyclical U.S. aviation market,
and its aggressive debt leverage, which we expect it will sustain
in the high 4x to low 5x range.

"The stable outlook on Atlantic reflects our expectation that the
company's revenue will increase by 2.5% and its reported EBITDA
margins will be in the mid-to-high 20% area in 2019. We expect the
company to maintain or increase its market share as it optimizes
and upgrades its airport network while sustaining leverage in the
high 4.0x to low 5.0x range over the next 12-24 months.

"We could lower our ratings on Atlantic if its adjusted leverage
approaches the mid-5x area. The key risks for the rating include a
larger-than-anticipated debt-funded acquisition or dividend, a
material cyclical economic downturn, or high volatility in fuel
prices that depresses business jet utilization. We forecast that a
5% drop in landings in 2019 could lead us to downgrade the company
given its current dividend policy. We could also lower the rating
if government regulations unexpectedly limit Atlantic's operations,
pricing policies, or industry economics, or if the company pursues
a more aggressive financing policy.

"We could consider raising our ratings on Atlantic if it commits to
a stricter leverage commitment of less than 4x. We could also
consider an upgrade if the company profitably expands its market
share and/or diversifies its revenues and product offerings."





BAKER AND SONS: Taps Benjamin Martin as Legal Counsel
-----------------------------------------------------
Baker and Sons Air Conditioning, Inc., seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire the Law
Offices of Benjamin Martin as its legal counsel.

The firm will assist the Debtor in the preparation of a plan of
reorganization; review claims of creditors; and provide other legal
services related to its Chapter 11 case.  

The firm will charge an hourly fee of $300 for attorney's time, and
$100 for travel time by Benjamin Martin, Esq., the attorney who
will be handling the case.

William Baker, the Debtor's principal, paid the firm the sum of
$8,000, of which $1,900 was utilized for its pre-bankruptcy
services.  The balance of $6,100 will be used as retainer.  The
firm also received $1,717 for the filing fee.

Mr. Martin neither represents nor holds any interest adverse to the
Debtor and its bankruptcy estate, according to court filings.

The firm can be reached through:

     Benjamin G. Martin, Esq.
     Law Offices of Benjamin Martin
     1620 Main Street, Suite 1
     Sarasota, FL 34236
     Phone: (941) 951-6166
     Email: skipmartin@verizon.net

              About Baker and Sons Air Conditioning

Baker and Sons Air Conditioning, Inc., sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
18-09333) on Oct. 30, 2018.  At the time of the filing, the Debtor
estimated assets of less than $500,000 and liabilities of less than
$1 million.  The Debtor tapped the Law Offices of Benjamin Martin
as its legal counsel.


BARTLETT MANAGEMENT: Sets Sale Procedures for All Assets
--------------------------------------------------------
Bartlett Management Services, Inc., and its debtor-affiliates ask
the U.S. Bankruptcy Court for the Central District of Illinois to
authorize the bidding procedures in connection with the sale of
substantially all assets to

At the time they commenced their Cases, the Debtors consisted of 39
franchises of KFC Corp., the franchisor of the Kentucky Fried
Chicken quick-service restaurant chain.  Each of the Debtors is a
distinct KFC franchisee, with each restaurant subject to its own,
substantially similar, franchise agreement.

Since the filing of the Cases, the Debtors have rejected or
terminated eight of the original 35 leases.  Thus, as of the date
of the Motion, they're operating 31 locations (27 of which are
leased), located in Central Illinois, the Northern Illinois
(Rockford)/Southern Wisconsin region, and Indianapolis, Indiana.

The Debtors, in consultation with the Committees and their
principal secured lender, Heartland and Trust Company Bank ("HBT"),
decided to explore either (a) obtaining post-petition or
post-confirmation financing that would infuse sufficient cash into
the Debtors to enable them to engage a financial department and
administrative team that could operate companies of their size; or
more likely (b) sell their businesses as going concerns.  And
having a sale as an option ensures that to the extent landlord
negotiations can be completed and locations made profitable, the
Debtors' locations will be able to continue as going concerns,
which will (a) enable the Debtors to pay their administrative
expenses, (b) save hundreds of jobs, (c) avoid the bankruptcy of
some of their largest suppliers as well as many of their landlords
(who depend on the income from their leases with the Debtors), and
(d) provide a return for their unsecured creditors.

The Debtors engaged with Equity Partners HG, LLC in an extended
search for a qualified investment banker and business broker to
find financing or a going concern sale of their assets.  Because of
the limited time frame at issue, Equity Partners' commitment to a
successful process, and its confidence in the Debtors' counsel,
Equity Partners already has commenced the preliminary marketing
process with respect to a potential Sale, subject to the Court's
approval of the Bid Procedures for which approval is sought in the
Motion.

With respect to KFCC, because the Debtors; businesses are currently
operating as KFC restaurants, any party who wishes to purchase the
Debtors' assets and continue to operate as KFCs will need the
consent and approval of the Franchisor.  And although this
requirement may limit the scope of potential Qualified Bidders,
Equity Partners, along with the Debtors, are confident that it will
locate multiple investors in and/or purchasers of the Debtors'
businesses that will satisfy KFCC and enable the Debtors to proceed
with a Sale.

Accordingly, the time has arrived for the Debtors to obtain the
Court's approval of specific bidding (and concurrent lease
assignment) procedures at an auction, with a sale approval hearing
to take place on a date certain shortly after the auction (and a
closing shortly thereafter).

By the Motion, and subject to the possibility that the Debtors may
receive offers for cash infusions other than purchase offers, the
Debtors ask entry of two (2) orders:

     (a) A Bid Procedures Order that would: (i) authorize the
Debtors to pursue a Sale of substantially all of their assets free
and clear of all interests, including liens, claims, and
encumbrances, at a public auction, with any liens to attach to the
sale proceeds; (ii) establish the Bid Procedures in connection with
the sale of their assets free and clear of all interests, including
(among other things) overbid protection and a break-up fee; (iii)
approve the Contract Assignment Procedures for the assumption and
assignment of the Contracts and Leases and to resolve any
objections or disputes regarding their assignment of them to the
Successful Bidder (or Bidders) arising from the Bid Procedures;
(iv) shorten notice of the Sale to the extent necessary to comply
with the dates and deadlines requested by this Motion; and (v) set
a hearing date to consider final approval of the Sale.

    (b) A Sale Approval Order, to be entered following the approval
hearing requested, that would: (i) approve the Sale of the various
of the Debtors' assets to the Successful Bidder at the Auction (or
to a Back-Up Bidder if the Successful Bid is not approved or fails
to close the sale), free and clear of all liens, claims,
encumbrances and interests, with any liens to attach to the
proceeds of the Sale; and (ii) approve their assumption and
assignment of the Contract and Leases that the Successful Bidder
(and the Backup Bidder) seek to acquire through the Sale.

The Debtors have included in the Virtual Data Room a form Asset
Purchase Agreement ("FAPA"), for bidders to use as a form for
submitting bids for their assets.

The FAPA are:

     a. allows interested parties to bid on all, or only a portion
of, the Debtors' roughly 30 locations, and all, or only a portion
of, the equipment and other assets at each of these locations;

     b. provides for bidding on the Debtors' non-location-specific
assets, such as its stored equipment and its vehicles;

     c. provides for the allocation of the offered purchase price
among assets that are subject to liens of different secured
lenders, some of which already have been found to be valid and
perfected, while others remain subject to challenge subsequent to
the Sale; and

     d. provides for the allocation of the offered purchase price
among the three Debtors based on the locations that prospective
bidders seek to acquire.

The Debtors desire to effectuate the Sale of their assets on the
terms and conditions set forth in the FAPA, or on higher or
otherwise better terms pursuant to a competitive marketing process
and the Auction.  During the bidding process leading up to the
Auction, the Debtors will consider bids for some or all of its
assets, and reserve the right to sell separate assets or groups of
assets to various
bidders in order to maximize the value generated for their
estates.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Dec. 4, 2018 at 4:30 p.m. at (CDT) subject to
the Debtors' right to accept late bids

     b. Initial Bid: The consideration proposed by the Bid will
include only cash, except that a Credit Bid will be deemed
equivalent to cash consideration so long as the Debtors, in their
sole discretion, determine that the Credit Bidder possesses a bona
fide basis for asserting a perfected lien on the property for which
the Credit Bidder is making its Credit Bid.

     c. Deposit: 10% of the Bid made payable to Equity Partners HG,
LLC

     d. Auction: Dec. 12, 2018 at 1:00 p.m. (CDT) at the President
Abraham Lincoln Doubletree Hotel, 701 E. Adams Street, Springfield,
Illinois 62701, Telephone (217) 544-8800

     e. Bid Increments: $100,000

     f. Sale Hearing: To be set by the Court

     g. Closing: Dec. 28, 2018 or as soon as reasonably practicable
after the Sale Approval Hearing

     h. Each Secured Creditor will be entitled to credit bid on the
assets as to which it purports to hold a valid and protected lien,
for an amount up to the value of its perfected security interest in
the asset of the Debtor on which it possesses such lien.

     i. Overbid Protection: $200,000

     j. Break-Up Fee: 50% of the amount of the Overbid Protection

     k. Sale Objection Deadline: At least 24 hours prior to the
Sale Approval Hearing

A copy of the list of Landlords and the list of store locations
attached to the Motion is available for free at:

    http://bankrupt.com/misc/Bartlett_Management_408_Sales.pdf

Within 24 hours of the Debtors' selection of the Successful Bid and
the Backup Bid, they will file and serve on the Contract
Counterparties whose contracts or leases have been identified for
assignment and assumption by the Successful Bidder or Backup
Bidder, the identify of such bidders and the terms of their bids.
The Objection to Assumption and/or Assignment of Contracts and
Leases Deadline is at least 48 hours prior to the Sale Approval
Hearing.

The Debtors' cash resources are declining -- on account of the
delay in finalizing their lease negotiations pending the outcome of
the sale process, and the attendant increase in Chapter 11
expenses.  Thus, they are asking a hearing on the Motion at the
earliest date available, and a waiver of the 14-day stay periods,
so that the dates for the Bid Deadline, the Auction and the Sale
Approval Hearing can be set as soon as possible, and then the sale
consummated as soon as possible following the latter hearing.

               About Bartlett Management Services

Bartlett Management Services, Inc., Bartlett Management
Indianapolis, Inc., and Bartlett Management Peoria, Inc., owned 33
current franchises of KFC Corporation, the franchisor of the
Kentucky Fried Chicken quick-services restaurant chain that
provides a diverse menu of chicken and related side dishes and
desserts.  As of Feb. 28, 2018, Bartlett are operating 32
locations, 28 of which are leased.

Bartlett Management Services and its affiliates sought Chapter 11
protection (Bankr. C.D. Ill. Lead Case No. 17-71890) on Dec. 5,
2017.  The Debtors have sought joint administration of the cases
under Case No. 17-71890.

In the petitions signed by Robert E. Clawson, president, Bartlett
estimated $1 million to $10 million in assets and $10 million to
$50 million in liabilities.

The Hon. Mary P. Gorman presides over the cases.

Jonathan A Backman, Esq., at the Law Office of Jonathan A. Backman,
serves as bankruptcy counsel to the Debtors.  The Debtors tapped
Valenti Florida Management, Inc., as accountant and financial
advisor; Steven A. Nerger of Silverman Consulting, Inc., as chief
restructuring officer; and Equity Partners HG LLC as its investment
banker and business broker.
  
On Jan. 8, 2018, the Office of the United States Trustee appointed
an unsecured creditors' committee in each of the three cases.  On
Jan. 19, 2018, counsel filed appearances on behalf of all three
committees.  Goldstein & McClintock LLLP is representing the
committees.

On Oct. 9, 2018, the Court appointed Equity Partners HG, LLC as
investment banker and business broker.


BIOSCRIP INC: May Issue 16.4 Million Shares Under 2018 Plan
-----------------------------------------------------------
BioScrip, Inc. has filed with the Securities and Exchange
Commission a Form S-8 registration statement to register 16,406,939
shares of common stock, par value $0.0001 per share, of the
Company, authorized for issuance under the BioScrip, Inc. 2018
Equity Incentive Plan.  At the 2018 Annual Meeting of Stockholders
held on May 3, 2018, upon the recommendation of the Company's Board
of Directors, the Company's stockholders approved the 2018 Plan.  A
full-text copy of the Form S-8 prospectus is available for free at
https://is.gd/42s2qb

                       About BioScrip, Inc.

Headquartered in Denver, Colo., BioScrip, Inc. --
http://www.bioscrip.com/-- is an independent national provider of
infusion and home care management solutions, with approximately
2,100 teammates and nearly 70 service locations across the U.S.
BioScrip partners with physicians, hospital systems, payors,
pharmaceutical manufacturers and skilled nursing facilities to
provide patients access to post-acute care services.  BioScrip
operates with a commitment to bring customer-focused pharmacy and
related healthcare infusion therapy services into the home or
alternate-site setting.

BioScrip reported a net loss attributable to common stockholders of
$74.27 million for the year ended Dec. 31, 2017, compared to a net
loss attributable to common stockholders of $51.84 million for the
year ended Dec. 31, 2016.

As of Sept. 30, 2018, the Company had $579.17 million in total
assets, $615.50 million in total liabilities, $3.12 million in
series A convertible preferred stock, $87.22 million in series C
convertible preferred stock, and a total stockholders' deficit of
$126.68 million.

                           *    *    *

As reported by the TCR on Aug. 1, 2018, Moody's Investors Service
upgraded BioScrip Inc's Corporate Family Rating to 'Caa1' from
'Caa2'.  BioScrip's Caa1 Corporate Family Rating reflects the
company's very high leverage and weak liquidity.

Also in August 2018, S&P Global Ratings raised its issuer credit
rating on BioScrip Inc. to 'CCC+' from 'CCC'.  "The rating upgrade
reflects our belief that BioScrip will be able to meet its debt
obligations for at least the next 12 months."


BIOSCRIP INC: May Issue Additional 1.5 Million Shares Under ESPP
----------------------------------------------------------------
BioScrip, Inc. has filed a Form S-8 registration statement with the
Securities and Exchange Commission for the purpose of registering
1,500,000 additional shares of common stock, par value $0.0001 per
share), of the Company to be offered to participants under the
Company's Employee Stock Purchase Plan.  The Company previously
registered 750,000 shares of its Common Stock, available for grant
of awards under the Plan.  The registration of those shares of
Common Stock was filed on a Form S-8 Registration Statement filed
with the SEC on April 2, 2013 in accordance with the Securities Act
of 1933, as amended.  On May 3, 2018, the Company's stockholders
approved an amendment to the Plan to increase the number of shares
of Common Stock reserved and available for grant of awards by
1,500,000 shares.  A full-text copy of the Form S-8 prospectus is
available for free at:

                     https://is.gd/5MJ0cd

                      About BioScrip, Inc.

Headquartered in Denver, Colo., BioScrip, Inc. --
http://www.bioscrip.com/-- is an independent national provider of
infusion and home care management solutions, with approximately
2,100 teammates and nearly 70 service locations across the U.S.
BioScrip partners with physicians, hospital systems, payors,
pharmaceutical manufacturers and skilled nursing facilities to
provide patients access to post-acute care services.  BioScrip
operates with a commitment to bring customer-focused pharmacy and
related healthcare infusion therapy services into the home or
alternate-site setting.

BioScrip reported a net loss attributable to common stockholders of
$74.27 million for the year ended Dec. 31, 2017, compared to a net
loss attributable to common stockholders of $51.84 million for the
year ended Dec. 31, 2016.

As of Sept. 30, 2018, the Company had $579.2 million in total
assets, $615.50 million in total liabilities, $3.12 million in
series A convertible preferred stock, $87.22 million in series C
convertible preferred stock, and a total stockholders' deficit of
$126.68 million.

                           *    *    *

As reported by the TCR on Aug. 1, 2018, Moody's Investors Service
upgraded BioScrip Inc's Corporate Family Rating to 'Caa1' from
'Caa2'.  BioScrip's Caa1 Corporate Family Rating reflects the
company's very high leverage and weak liquidity.

Also in August 2018, S&P Global Ratings raised its issuer credit
rating on BioScrip Inc. to 'CCC+' from 'CCC'.  "The rating upgrade
reflects our belief that BioScrip will be able to meet its debt
obligations for at least the next 12 months."


BLACK BOX: Will be Acquired by AGC for $1.08 Per Share in Cash
--------------------------------------------------------------
A wholly-owned subsidiary of global solutions integrator AGC
Networks Ltd (BSE/NSE: AGCNET), AGC Networks Pte. Ltd. in Singapore
and Black Box Corporation have entered into a definitive merger
agreement under which AGC Singapore would acquire all the
outstanding shares of Black Box for $1.08 per share in cash,
subject to customary closing conditions and regulatory approvals.
The Black Box Board of Directors unanimously approved the merger
agreement following a thorough review of the full range of
available strategic, financial and capital structure alternatives,
which Black Box commenced and announced on Feb. 6, 2018.  The
transaction is expected to close prior to the end of the calendar
year.

The combination with Black Box will provide a substantial increase
in AGC's presence and offerings in North America.  In addition, AGC
will enhance its footprint in providing technologies and services
throughout six continents.  The acquisition will be significant for
AGC, expected to add over $600 million in annual revenue and
approximately 3,000 team members serving clients worldwide.

"We have known Black Box for many years and believe that its
skilled teams and strong client relations with world-class
enterprises and partners will allow us to better serve our global
clients," said Sanjeev Verma, executive director and CEO of AGC
Networks.  "The merger of our two companies will create a unique
organization that has the scale to deliver world-wide technical
solutions to the largest organizations."

"We were looking for a partner that could provide us with the
resources to grow our services and products businesses in a way
that benefitted clients and employees," said Joel Trammell, CEO of
Black Box.  "As we visited in depth with the AGC team, it became
obvious that the fit was very strong and that the combination would
make our company more exceptional.  I look forward to working with
Sanjeev and his team to build a world class global technology
services company."

Under the terms of the merger agreement, an indirect wholly owned
U.S. subsidiary of AGC Singapore will commence a tender offer to
purchase all of the outstanding shares of Black Box common stock
for $1.08 per share in cash.  Upon the successful completion of the
tender offer, the U.S. subsidiary of AGC Singapore would acquire
all remaining shares of common stock not tendered in the offer for
$1.08 per share through a second-step merger.  The tender offer and
the second-step merger are subject to customary conditions,
including the tender of a majority of the outstanding shares of
Black Box common stock.  The U.S. subsidiary of AGC Singapore is
financing the merger through a combination of equity and debt.
Pathlight Capital will serve as administrative agent for the senior
credit facilities.

Strategic Rationale

The transaction brings together two global IT solutions providers
that share a "client focus" approach and are committed to
accelerating their clients’ business.  AGC brings its strong
presence in India, the Middle East and Pacific Rim to complement
Black Box's services focus in the Americas and Europe, while also
enhancing the presence in other global markets.  Both companies
provide full managed services capabilities in Unified
Communications and Collaboration, Cloud, Data Center and Edge
Technologies.  AGC adds its expertise in digital applications and
cybersecurity to Black Box's strong infrastructure and mobility
background.  The transaction will enhance their technology vendor
partners' reach in global markets, verticals and clients.  The
Black Box products business will continue to offer its full
portfolio of products directly and through channel partners.

Advisors

Raymond James & Associates is acting as financial adviser to Black
Box and Jones Day is serving as legal counsel with Morris Nichols
Arsht & Tunnell LLP as special Delaware counsel.  SunTrust Robinson
Humphrey is serving as financial adviser to AGC and Alston & Bird
is serving as legal counsel.  GLC Advisors and Rubin Capital are
serving AGC as financial advisers in arranging capital.

The full-text copy of the Agreement and Plan of Merger is available
for free at https://is.gd/9G7TRO

                      About AGC Networks

AGC Networks is a global technology integrator that architects,
deploys, manages and secures IT environment through customized
solutions and services.  AGC partners with the world's best brands
in Unified Communications, Data Center & Edge IT, Cyber Security
(CYBER-i) and Digital Transformation & Applications.  For more
information log on to www.agcnetworks.com.

                        About Black Box

Black Box Corporation -- http://www.blackbox.com/-- is a digital
solutions provider dedicated to helping customers design, build,
manage, and secure their IT infrastructure.  Offerings under the
Company's services platform include unified communications, data
infrastructure and managed services.  Offerings under the Company's
products platform include IT infrastructure, specialty networking,
multimedia and keyboard/video/mouse ("KVM") switching.  The Company
employed 3,264 and 3,488 employees as of March 31, 2018 and March
31, 2017, respectively.

Black Box reported a net loss of $100.09 million for the year ended
March 31, 2018, compared to a net loss of $7.05 million for the
year ended March 31, 2017.  As of June 30, 2018, Black Box had
$366.85 million in total assets, $330.08 million in total
liabilities and $36.77 million in total stockholders' equity.

The audit opinion included in the company's Annual Report on Form
10-K for the year ended March 31, 2018 contains a going concern
explanatory paragraph expressing substantial doubt about the
Company's ability to continue as a going concern.  BDO USA, LLP,
the Company's auditor since 2005, noted that the Company has
suffered recurring losses from operations, has negative operating
cash flow and is dependent upon raising additional capital or
refinancing its debt agreement to fund operations that raise
substantial doubt about its ability to continue as a going concern.


BOSS REAL ESTATE: AZ 3-16 to Receive 7% Interest Under New Plan
---------------------------------------------------------------
Boss Real Estate Holdings, LLC, filed a second amended plan of
reorganization to modify:

     -- the secured claim of Bank 34 pursuant to an agreement
reached during the pendency of the Chapter 11 case; and

     -- the interest rate to be paid to AZ 3-16 Fund, LLC, from
5.25% to 7%.

A copy of the Second Amended Plan is available at
https://tinyurl.com/ycmk8ga3 from PacerMonitor.com at no charge.

            About Boss Real Estate Holdings

Boss Real Estate Holdings, LLC, based in Gilbert, Arizona, filed a
Chapter 11 petition (Bankr. D. Ariz. Case No. 17-03716) on April
10, 2017.  In its petition, the Debtor estimated $1 million to $10
million in both assets and liabilities. The petition was signed by
Michael Harris, member and manager.

Judge Brenda Moody Whinery presides over the case.  Ronald J.
Ellett, Esq., at Ellet Law Offices, P.C., serves as bankruptcy
counsel.

The Debtor's primary asset is certain real property located at
2816
South Country Club Drive and 2828 South Country Club Drive, Mesa,
Arizona 85210, where the Debtor operates a car wash, a lube shop,
and a small convenience store -- the Mesa Car Wash.

No official committee of unsecured creditors has been appointed in
the Debtor's case.


BOSSLER ROOFING: Unsecured Claimants to Receive 3% of Allowed Claim
-------------------------------------------------------------------
Bossler Roofing, Inc., filed with the U.S. Bankruptcy Court for the
Southern District of Florida, West Palm Beach Division, a
disclosure statement explaining its Chapter 11 plan.

According to the Disclosure Statement, Class 8 is also known as
Allowed Unsecured Claims Under $9,000 & Less Than $350 Dividend.
Class 8 consists of the Allowed Unsecured Claims of all creditors
with Allowed Unsecured Claims totaling under $9,000 and who are
receiving less than $350 as a total dividend under the Plan with
respect to all Allowed Claims in all classes payable to each
particular creditor.  The purpose of this class is to reduce the
administrative cost and burden of making many small periodic
distributions on account of smaller Allowed Unsecured Claims over
the number of years contemplated by the Plan.  Instead, these
claimants will receive a lump sum dividend.

Class 8 consists of the Allowed Unsecured Claims of Waste
Management (Claim 12-1), Western World Insurance Group (Claim
14-1), Star Indemnify & Liability Company (Claim 13-1) and all
bifurcated Unsecured Claims from any creditor affected in the
foregoing Classes 1-7 whose total Unsecured Claims in this case do
not exceed $9,000 and would receive less than a $350 dividend with
respect to all Allowed Claims in all classes payable to each
particular creditor.  The Debtor estimates the total of these
claims to be $15,992.61 after anticipated bifurcation based on the
claims filed as of the filing of the Plan.

Each such creditor will receive 3% of the amount of each creditor's
Allowed Unsecured Claim as a lump sum dividend under the Plan.
This obligation will be paid in full on or before the Effective
Date.  The Class 8 Claim is an Impaired Class.  The Class 8
Claimholder is entitled to vote to accept or reject the Plan.

Class 9 consists of Allowed General Unsecured Claims that are not
entitled to a lump sum payment under Class 8.  Without accounting
for preferences and any failure to turnover preferences, as filed,
Class 9 claims total approximately $552,652.91 after anticipated
bifurcation.  The Debtor demanded turnover of preferential
transfers (totaling $20,000) made to SRS Distribution, Inc., within
the 90 days prior to the Petition Date made on account of an
antecedent debt for which no new value was provided.

As of this filing, SRS has not turned over any amount of the
preferential transfers it received; nor has it agreed to do so.
Accordingly, the Debtor maintains that SRS' claim should be
disallowed and that SRS should not be entitled to vote on the Plan,
whereupon Class 9 claims would total approximately $319,262.91
after bifurcation.

Claimholders with Allowed General Unsecured Claims that are not
entitled to a lump sum payment under Class 8 will receive 3% of the
amount of each creditor's Allowed General Unsecured Claim as a
dividend under the Plan, provided that (i) American Express' total
dividend under this Plan shall be deemed satisfied to the extent of
the $1,056.44 refund American Express received on or about December
27, 2017, and (ii) to the extent SRS' claim is allowed, SRS' total
dividend under this Plan shall be deemed satisfied by up to and
including the $20,000 preferential transfer SRS received.  This
obligation will be payable in 20 equal quarterly installments over
a 5-year period, commencing on the Effective Date.  

The Debtor proposes that Christopher Bossler, who has a 100%
interest in the Debtor retain all of his interests.  Christopher
Bossler has agreed to contribute new capital to the Debtor on the
Effective Date of the Plan in an amount not less than $2,000.  In
addition, Christopher Bossler has agreed to guarantee the Debtor's
professional fees and expenses owed to Debtor's counsel in this
case and to secure that guaranty by a second mortgage on
Christopher Bossler's homestead property.

A copy of the Disclosure Statement is available at
https://tinyurl.com/ydyeas7z from PacerMonitor.com at no charge.

             About Bossler Roofing

Bossler Roofing, Inc., is a Lake Worth, Florida-based roofing
company owned by Christopher Bossler.  The company offers
installation services of all roofing systems, concrete roof tile
restoration, attic radiant and reflective roof coating energy
saving applications, concrete tile and asphalt shingle "Cool Roof"
energy star installations, Henry Roof Certified waterproofing (flat
roof installation) services, Poly-Foam Certified (Metro-Dade County
approved concrete and clay roof tile adhesive application)
installations, and all commercial and residential roof repairs,
from minor to major leak penetrations.

Bossler Roofing, Inc., filed a Chapter 11 petition (Bankr. S.D.
Fla. Case No. 17-24798) on Dec. 12, 2017.  In the petition signed
by Christopher Bossler, its president, the Debtor disclosed
$567,055 in assets and $1.06 million in liabilities.  This case is
assigned to Judge Paul G. Hyman, Jr.  Craig I. Kelley, Esq., at
Kelley & Fulton, P.L., is the Debtor's general counsel.


BRIGHT MOUNTAIN: Signs Note Exchange Agreement with CEO Speyer
--------------------------------------------------------------
Bright Mountain Media, Inc., entered into a Note Exchange Agreement
with Kip W. Speyer, the Company's CEO and member of its Board of
Directors on Nov. 7, 2018, pursuant to which the Company
exchanged:

   * $1,075,000 principal amount and accrued but unpaid interest
     due Mr. Speyer under 12% Convertible Promissory Notes
     maturing between Sept. 26, 2021 and April 10, 2022 for
     2,177,233 shares of its newly created Series F-1 Convertible
     Preferred Stock in full satisfaction of those notes;

   * $660,000 principal amount and accrued but unpaid interest due
     Mr. Speyer under 6% Convertible Promissory Notes maturing
     between April 19, 2022 and July 27, 2022 for 1,408,867 shares
     of its newly created Series F-2 Convertible Preferred Stock
     in full satisfaction of those notes; and

   * $300,000 principal amount and accrued but unpaid interest due
     Mr. Speyer under 10% Convertible Promissory Notes maturing
     between Aug. 1, 2022 and Aug. 30, 2022 for 757,197 shares of
     its newly created Series F-3 Convertible Preferred Stock in
     full satisfaction of those notes.

On Nov. 5, 2018 the Company filed Articles of Amendment to its
Amended and Restated Articles of Incorporation, as amended, which:

   * returned 1,000,000 shares of previously designated 10% Series
     B Convertible Preferred Stock, 2,000,000 shares of previously
     designated 10% Series C Convertible Preferred Stock and
     2,000,000 shares of previously designated 10% Series D
     Convertible Preferred Stock to the status of authorized but
     undesignated and unissued shares of its blank check preferred
     stock as there were no shares of any of these series
     outstanding and no intention to issue any such shares in the
     future; and

   * created three new series of preferred stock, 12% Series F-1
     Convertible Preferred Stock consisting of 2,177,233 shares,
     6% Series F-2 Convertible Preferred Stock consisting of
     1,408,867 shares, and 10% Series F-3 Convertible Preferred
     Stock consisting of 757,917 shares.

The designations, rights and preferences of the Series F-1, Series
F-2 and Series F-3 are identical, other than the dividend rate,
liquidation preference and date of automatic conversion into shares
of the Company's common stock.

The Series F-1 pays dividends at the rate of 12% per annum and
automatically converts into shares of our common stock on
April 10, 2022.  The Series F-2 pays dividends at the rate of 6%
per annum and automatically converts into shares of its common on
July 27, 2022.  The Series F-3 pays dividends at the rate of 10%
per annum and automatically converts into shares of its common
stock on Aug. 30, 2022.  Additional terms of the designations,
rights and preferences of the Series F-1, Series F-2 and Series F-3
include:

   * the shares have no voting rights, except as may be provided
     under Florida law;

   * the shares pay cash dividends subject to the provisions of
     Florida law at the dividend rates set forth above, payable
     monthly in arrears;

   * the shares are convertible at any time at the option of the
     holder into shares of the Company's common stock on a 1:1
     basis.  The conversion ratio is proportionally adjusted in
     the event of stock splits, recapitalization or similar
     corporate events.  Any shares not previously converted will
     automatically convert into shares of its common stock on the
     dates set forth above;

   * the shares rank junior to the Company's 10% Series A
     Convertible Preferred Stock and the Company's 10% Series E
     Convertible Preferred Stock;

   * in the event of a liquidation or winding up of the Company
     company, the shares have a liquidation preference of $0.50
     per share for the Series F-1, $0.50 per share for the Series
     F-2 and $0.40 per share for the Series F-3; and

   * the shares are not redeemable by the Company.

                      About Bright Mountain

Based in Boca Raton, Fla., Bright Mountain Media, Inc. --
http://www.brightmountainmedia.com/-- is a digital media holding
company whose primary focus is connecting brands with consumers as
a full advertising services platform.  Bright Mountain Media's
assets include an ad network, an ad exchange platform and 25
websites (owned and/or managed) that provide content, services and
products.  The websites are primarily geared for a young, male
audience with several that focus on active, reserve and retired
military audiences as well as law enforcement and first
responders.

Bright Mountain reported a net loss attributable to common
shareholders of $3.01 million for the year ended Dec. 31, 2017,
compared to a net loss attributable to common shareholders of $2.94
million for the year ended Dec. 31, 2016.  The Company's balance
sheet as at June 30, 2018, shows $3.38 million in total assets,
$2.95 million in total liabilities and $432,617 in total
shareholders' equity.

The report from the Company's independent accounting firm Liggett &
Webb, P.A., in Boynton Beach, Florida, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company sustained a net loss
of $2.99 million and used cash in operating activities of $1.73
million for the year ended Dec. 31, 2017.  The Company had an
accumulated deficit of $11.82 million at Dec. 31, 2017.  These
factors raise substantial doubt about the Company's ability to
continue as a going concern.


BROWNLEE FARM: Hires Stone & Baxter as Attorney
-----------------------------------------------
Brownlee Farm Center, Inc., seeks authority from the United States
Bankruptcy Court for the Middle District of Georgia (Valdosta) to
hire Stone & Baxter, LLP  as attorneys for Debtor.

Professional services to be rendered by Stone & Baxter are:

     (a) give Debtor legal advice with respect to its powers and
duties as Debtor -in-Possession in the continued operation of its
business and management of its property;

     (b) prepare on behalf of Debtor, as Debtor-in-Possession,
necessary applications, motions, answers, reports, and other legal
papers;

     (c) continue existing litigation to which Debtor-in-Possession
may be a party, and to conduct examinations incidental to the
administration of Debtor’s estates;

     (d) take any and all necessary action for the proper
preservation and administration of the estate;

     (e) assist Debtor-in-Possession with the preparation and
filing of a Statement of Financial Affairs and schedules and lists
as are appropriate;

     (f) take whatever action is necessary with reference to the
use by Debtor of its property pledged as collateral, including cash
collateral, to preserve the same for the benefit of Debtor and
secured creditors in accordance with the requirements of the
Bankruptcy Code;

     (g) assert, as directed by Debtor, claims that Debtor may have
against others;

     (h) assist Debtor in connection with claims for taxes made by
governmental units; and

     (i) perform other legal services for Debtor, as
Debtor-in-Possession, which may be necessary.

Stone & Baxter's standard hourly rates range between $220.00 and
$505.00 for each attorney, and $135.00 per hour for research
assistants and paralegals.

Ward Stone, Jr., a partner in the firm of Stone & Baxter, LLP,
attests that his firm does not hold or represent any interest
adverse to Debtor, Debtor's estate, Debtor's creditors, any other
party-in-interest in this Bankruptcy Case and is a "disinterested
person" under 11 U.S.C. Sec. 101(14).

The counsel can be reached at:

     Ward Stone, Jr., Esq.
     STONE & BAXTER, LLP
     577 Mulberry Street, Suite 800
     Macon, GA 31201
     Tel: 478-750-9898
     Fax: 478-750-9899
     E-mail: wstone@stoneandbaxter.com

                       About Brownlee Farm

Brownlee Farm Center and Gypsum Supply are engaged in the building
rental business and buying and selling various agricultural
products, principally gypsum and fertilizer, from and to dealers in
Georgia, Florida, and Alabama.

Brownlee Farm Center and Gypsum Supply each filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Ga.
Case Nos. 18-71300 and 18-71301) on Oct. 29, 2018.

In the petition signed by Kenneth Brownlee, president, Brownlee
Farm estimated $500,000 to $1 million in assets and $1 million to
$10 million in liabilities.

Ward Stone, Jr., Esq. at Stone & Baxter, LLP, represents the
Debtor.    



BTH QUITMAN: Mohegan Buying Substantially All Assets for $4M
------------------------------------------------------------
BTH Quitman Hickory, LLC and affiliates ask the U.S. Bankruptcy
Court for the District of Nevada to finally authorize their Asset
Purchase Agreement dated Oct. 22, 2018 with Mohegan Renewable
Energy (MS), LLC in connection with the sale of substantially all
assets for $4 million.

The Debtors collectively own a wood pellet plant located in
Quitman, Mississippi.  During BTHQH's Chapter 11 case, the assets
of all Debtors were thoroughly marketed and an auction sale of
those assets occurred in the U.S. Bankruptcy Court for the District
of Nevada on Oct. 22, 2018.

On Oct. 22, 2018, the Debtors entered into the APA with MRE for the
sale of substantially all of their assets to MRE for $4 million.
The sale is scheduled to close on Nov. 23, 2018.  MRE is acquiring
the Debtors' assets free and clear of any lien, claim or
encumbrance.

The Debtors are informed and believe that all of their secured
creditors support the proposed sale to MRE.  They believe the sale
to MRE is fair, equitable and a sound business decision.  They
further believe the sale is in the best interests of the creditors
and the estate.

Based on the foregoing, the Debtors respectfully ask the Court to
approve Hickory Leasing, LLC's assumption of the APA and the sale
contemplated by the APA.  They further ask the Court to waive the
14-day stay on the order granting the Motion under Fed. R. Bankr.
P. 6004(h), so the sale may close on Nov. 23, 2018, as required by
the APA.

A hearing on the Motion is set for Nov. 13, 2018 at 11:00 a.m.

A copy of the APA attached to the Motion is available for free at:

   http://bankrupt.com/misc/BTH_QUITMAN_331_Sales.pdf

The Purchaser:

         MOHEGAN RENEWABLE ENERGY (MS), LLC
         Attn: Mark D. Boivin
         13 Crow Hill Road
         Uncasville, CT 06382

The Purchaser is represented by:

         Darren Azman, Esq.
         MCDERMOTT WILL & EMERY LLP
         340 Madison Avenue
         New York, NY 10173

                  - and -

         THE MOHEGAN TRIBE
         Attn: Attorney General
         13 Crow Hill Road
         Uncasville, CT 06382

                   About BTH Quitman Hickory

BTH Quitman Hickory LLC, based in Quitman, Mississippi, is a
privately-held provider of torrefied wood pellets designed to offer
pellets of varying energy content to meet the diverse needs of
potential buyers.  The company's wood pellets focus on innovative
and renewable energy source that can be produced on a commercial
scale, enabling businesses to meet the needs of the present without
compromising the ability of future generations to meet their own
needs.  BTH Quitman Hickory LLC operates as a subsidiary of New
Biomass Holding LLC.

BTH Quitman Hickory filed for Chapter 11 bankruptcy protection
(Bankr. D. Nev. Case No. 17-51375) on Dec. 10, 2017.  In the
petition signed by Neal Smaler, president of managing member BTH
Quitman, LLC, the Debtor disclosed $4.22 million in total assets
and $59.46 million in total liabilities.  Judge Bruce T. Beesley
presides over the case.  Kevin A. Darby, Esq., at Darby Law
Practice, serves as the Debtor's bankruptcy counsel.


BTO TRUCKING: PUEFC Prohibits the Use of Cash Collateral
--------------------------------------------------------
People's United Equipment Finance Corp. ("PUEFC") asks the U.S.
Bankruptcy Court for the District of South Carolina to prohibit BTO
Trucking, LLC form using PUEFC's cash collateral, or in the
alternative, order the Debtor to provide PUEFC with immediate
adequate protection for use of any such cash collateral.

PUEFC is a secured creditor of the Debtor.  As of the Petition
Date, the Debtor owes PUEFC the aggregate sum of $395,686 plus
additional interest, additional late charges, any modification to
the computation of the applicable prepayment premium, costs and
fees, including, without limitation, reasonable attorneys' fees and
expenses, as well as all other charges authorized by law or
contract, all which claims are hereby reserved and preserved.

From Feb. 14, 2018, through and including the Petition Date, the
Debtor has been -- and continues to be -- indebted to PUEFC as
evidenced by certain loan documents, including, but not necessarily
limited to, the following:

     a. On Feb. 14, 2018, the Debtor executed and delivered a
written promissory note in the original amount of $445,861 in favor
of PUEFC.  The Note provides that the Debtor shall, among other
things, including repaying the indebtedness, pay PUEFC's costs,
expenses and reasonable attorneys' fees incurred in enforcing
and/or collecting the Note.

     b. To secure its obligations to PUEFC, the Debtor gave to
PUEFC on Feb. 14, 2018 a written Security Agreement.  The
Certificated
Collateral is listed on Schedule A to the Security Agreement.

     c. On Feb. 14, 2018, the Debtor gave to PUEFC its UCC-1
Financing Statement, and PUEFC filed such statement on Feb. 21,
2018 with the Office of the Secretary of State of South Carolina as
File ID Number 180221-1628201, thereby perfecting PUEFC's first
lien security interest in the Blanket Personal Property and the
Certificated Collateral.

     d. To further perfect its first lien security interest in the
Certificated Collateral, PUEFC caused its lien to be thereafter
duly noted on the South Carolina Certificate of Title issued with
respect to each of the twelve units of vehicular and equipment
collateral comprising the Certificated Collateral.

     e. On Oct. 22, 2018, PUEFC filed its Proof of Claim with the
Court, describing its secured claim in detail and attaches true and
correct copies of the Note, Security Agreement, Financing
Statement, and SC Certificates of Title.

PUEFC has a security lien interest in cash collateral.
Specifically, its cash collateral includes, but is not necessarily
limited to, the Debtor's deposit accounts, accounts, accounts
receivable as well as the proceeds of the Blanket Personal
Property.  The Debtor may not use PUEFC's cash collateral without
PUEFC's consent.

On Oct. 19, 2018 -- two days after the Petition Date -- PUEFC
informed the Debtor's counsel that it was not consenting to the use
of PUEFC's cash collateral.  Its counsel has also discussed with
the Debtor's counsel that PUEFC does not consent to use of any cash
collateral.   If the Debtor should file any motion for authority to
use cash collateral prior to the hearing on the Motion, PUEFC
specifically reserves its right to object to such motion within the
prescribed period.

PUEFC asks the Court to (i) prohibit the Debtor from using any of
PUEFC's cash collateral; and (ii) require the Debtor to segregate,
and to provide current and continuing accountings as to all PUEFC's
Certificated Collateral and Blanket Personal Property, including
cash collateral.

Alternatively, if the Court should not grant PUEFC's request to
prohibit the Debtor's use of cash collateral, PUEFC asks the Court
to enter an order adequately protecting the interest of PUEFC in
all its cash collateral, including, but not necessarily limited to,
an order requiring the Debtor:

     a. To immediately segregate and provide to PUEFC current and
periodic accountings for all cash collateral that is now, or has
been, in the Debtor’s possession, custody, or control as of and
at all times after the Petition Date;

     b. To pay to PUEFC, immediately upon receipt, all cash
proceeds necessary to liquidate amounts due and owing to PUEFC for
each item of its collateral sold (although the Debtor has been and
is by virtue of the Security Agreement, prohibited from selling any
of the collateral against which PUEFC holds a first priority lien
security interest);

     c. To continue segregating and providing weekly accountings of
all cash collateral of PUEFC that comes into the Debtor's
possession, custody, or control and that is not immediately
delivered to PUEFC;

     d. To give PUEFC access to all books and records and access to
key employees of the Debtor related to or who may have knowledge of
PUEFC’s Certificated Collateral and Blanket Personal Property,
including collateral and cash collateral;

     e. To maintain a separate deposit account with a financial
institution acceptable to PUEFC and into which any cash collateral
not immediately remitted to PUEFC will be placed pending payment to
PUEFC; and

     f. To provide periodic cash payments to PUEFC for the Debtor's
use of PUEFC's cash collateral.

PUEFC further asks the Court to order the Debtor to provide to
PUEFC proof of adequate insurance on PUEFC's Certificated
Collateral and Blanket Personal Property, procured at the Debtor's
expense, naming PUEFC as loss payee under such insurance policy.

If the Court should determine that PUEFC is oversecured, and PUEFC
specifically reserves such right to seek oversecured status, PUEFC
be allowed the opportunity to submit any Section 506 fee
application relating to the recovery of reasonable attorneys' fees,
costs,
and expenses.

Counsel for PUEFC:

         Rory D. Whelehan, Esq.
         WHELEHAN LAW FIRM, LLC
         200 North Main Street, Suite 301-D
         Greenville, SC 29601
         Telephone: (864) 908-3917
         Cellular: (864) 414-5216
         E-mail: rwhelehan@whelehanlaw.com

Counsel for Debtor:

         Rory D. Whelehan, Esq.
         WHELEHAN LAW FIRM, LLC
         200 North Main Street, Suite 301-D
         Greenville, SC 29601
         Telephone: (864) 908-3917
         Cellular: (864) 414-5216
         E-mail: rwhelehan@whelehanlaw.com

                       About BTO Trucking

BTO Trucking, LLC, sought Chapter 11 protection (Bankr. D.S.C. Case
No. 18-05250) on Oct. 17, 2018.  In the petition signed by Deldrick
King, principal, the Debtor estimated assets in the range of $0 to
$50,000 and $100,001 to $500,000 in debt.  The Debtor tapped
Michael Drose, Esq., at Drose Law Firm, as counsel.  



CAJ SOUTHWAY: U.S. Trustee Seeks Amendment of Plan and Disclosures
------------------------------------------------------------------
The U.S. Trustee filed an objection to CAJ Southway Plaza LLC's
disclosure statement, dated Oct. 5, 2018, referring to its plan of
reorganization.

The UST complains that the proposed disclosure statement fails to
provide adequate and meaningful information concerning the proposed
plan of reorganization of even date. In support, the UST says the
caption to the disclosure statement and plan should be amended to
indicate a joint disclosure statement and plan between the Debtor
and each identified Proponent.

The disclosure statement should also include financial information
that demonstrates the ability of the Reorganized Debtor/Proponents
to make the payments due on the Effective Date and over time, to
identify each party to the solar contract with AED, and attach a
copy of such contract.

A copy of the UST's Objection is available for free at:

     http://bankrupt.com/misc/mab18-12631-74.pdf

The Troubled Company Reporter previously reported that the Debtor
will sell the Property to Lykos Properties, LLC, whose sole member
is the son of the current owner of the Debtor. The purchase price
will be sufficient to pay the secured creditors in full, in cash,
on the Effective Date, whether or not the Debtor is successful in
reducing their claims as part of the claim objection process. The
buyer will also assume the unsecured debt, and pay it in full, in
equal monthly installments over 24 months. The sale of the shopping
plaza is subject to financing to be provided by The Cape Cod
Cooperative Bank.

A full-text copy of the Disclosure Statement is available for free
at:

     http://bankrupt.com/misc/mab18-12631-49.pdf  

                 About CAJ Southway Plaza

CAJ Southway Plaza, LLC, is a single asset real estate limited
liability company that owns and operates Southway Plaza, a
106,000-square-foot retail shopping center located at 340-400
Rhode
Island Boulevard, Fall River, Massachusetts.

CAJ Southway Plaza sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 18-12631) on July 10,
2018.  At the time of the filing, the Debtor estimated assets of
$1,000,001 to $10 million and liabilities of $1 million to $10
million.  Judge Joan N. Feeney presides over the case.


CALIFORNIA CDA: Moody's Reviews B1 on 2007 A-2 Bonds for Downgrade
------------------------------------------------------------------
Moody's Investors Service has placed the B1 rating on California
Statewide Communities Development Authority's (CDA) Taxable Pension
Obligation Bonds 2007 Series A-2 on review for downgrade. The
review affects $12.3 million par value in rated debt.

RATINGS RATIONALE

The review is prompted by the potential change in the credit
quality of the largest pool participant, the Town of Paradise,
which has been nearly destroyed by the Camp Fire. Given the unusual
extent of the damage to the town, its review will particularly
focus on the likelihood and timeline for rebuilding and recovery.

The pool participants' respective, current shares of the pool are
as follows: Paradise at 45.2%, the city of Palm Springs at 22.8%,
and the city of Port Hueneme at 32.0%. Paradise has a declining
share of the pool over time, but remains a material share through
final maturity in 2031.

In consideration of the small size of the pool and absence of
cross-collateralization among the participants, the rating is based
its weak-link-plus approach to pooled obligations. This approach
allows for a lift of up to two notches above the lowest rated
participant's individual obligation. The uplift cannot exceed the
weighted average credit quality of the pool participants, with the
weights being each participant's current proportionate share of the
debt service. If one of the participants has a speculative-grade
rating, the rating cannot exceed Ba1.

LEGAL SECURITY

The bonds are unconditional obligations of the participating
municipalities, payable from any legally available funds. There are
no cross collateralization or cross default provisions. No pool
participant is responsible for the payments of any other
participant. A default by one participant would not constitute
default of any other participant. Additionally, the general funds
of the California Statewide Communities Development Authority are
not pledged for payment of the bonds. There is no debt service
reserve fund.

This contractual pledge by the participants is notably weaker than
a general obligation (GO) bond pledge, which provides the baseline
for its estimate of the credit quality of the pool participants.
Under California law, a local government's GO bonds are secured by
an unlimited ad valorem property tax pledge. The local government
must raise property taxes by whatever amount necessary to repay the
GO bonds, irrespective of its general financial position. In
contrast, a pledge to repay a debt issued to finance pension
liabilities is on parity with any unsecured obligations.

Under the terms of separate trust indentures, the participating
municipalities make debt service payments to a trustee. The terms
in the agreements are similar except for the debt service
schedules. Payments sufficient to pay the municipality's
proportionate share of principal and interest on the bonds are due
on August 1 each year, four months in advance of the first payment
date (interest only) and ten months in advance of the second
payment date (principal and interest). Once the funds are received
by the trustee they are deposited into a bond fund, where there are
held until they are transferred to principal and interest accounts
for payment to bondholders. If any funds remain after full debt
service has been paid, those funds will be returned to the
appropriate municipality by the trustee. Failure to pay principal
and/or interest by August 1 constitutes a default under the trust
agreement. If a default occurs, the municipality is given a 60-day
period by the trustee to cure the default.

PROFILE

The California Statewide Communities Development Authority's
Pension Obligation Bond Program provides an opportunity for local
governments in California to finance their unfunded pension
liabilities. Each of the local governments issued pension
obligation bonds, which were sold to the authority to finance all
or a portion of their unfunded pension liability.


CALVIN GILL: Dec. 4 Plan Confirmation Hearing
---------------------------------------------
Judge Jerry C. Oldshue of the U.S. Bankruptcy Court for the
Southern District of Alabama approved the disclosure statement with
respect to Calvin Gill Construction Services, LLC's Chapter 11
plan.

The Confirmation Hearing is scheduled to be conducted on December
4, 2018, at 9:30 a.m.  Objections to confirmation of the Plan must
be filed on or before November 20, 2018.

The Troubled Company Reporter previously reported that unsecured
creditors will recoup 100% at 5% under the plan.

Payments and distributions under the Plan will be funded by the
private construction financing and new value contributions by
Calvin Gil Sr., the Debtor's manager and sole member.

A full-text copy of the Disclosure Statement is available at:

      http://bankrupt.com/misc/alsb17-04724-83.pdf

Mobile, Alabama-based Calvin Gill Construction Services, LLC, filed
for Chapter 11 bankruptcy protection (Bankr. S.D. Ala. Case No.
17-04724) on Dec. 16, 2017, estimating its assets and liabilities
at between $100,001 and $500,000. Kevin M. Ryan, Esq., at Ryan
Legal Services, Inc., serves as the Debtor's bankruptcy counsel.



CARAVAN TRANSPORTATION: Case Summary & 6 Unsecured Creditors
------------------------------------------------------------
Debtor: Caravan Transportation, Inc.
        2 Thornwood Drive
        Flossmoor, IL 60422

Business Description: Caravan Transportation, Inc. is a privately
                      held Michigan corporation in the
                      local transportation rental business.

Chapter 11 Petition Date: November 12, 2018

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Case No.: 18-31724

Judge: Hon. Benjamin A. Goldgar

Debtor's Counsel: Mitchell Elliot Jones, Esq.
                  JONES LAW OFFICES
                  516 Keeney Street
                  Evanston, IL 60202
                  Tel: 312 282-7849
                  Email: mej@joneslaw.org

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Earnest Aldridge, president.

A full-text copy of the Debtor's list of six unsecured creditors is
available for free at:

    http://bankrupt.com/misc/ilnb18-31724_creditors.pdf

A full-text copy of the petition is available for free at:

            http://bankrupt.com/misc/ilnb18-31724.pdf


CELADON GROUP: Expects Net Loss in Quarter Ended Sept. 30, 2018
---------------------------------------------------------------
Celadon Group, Inc., has filed with the Securities and Exchange
Commission a Form 12b-25 notifying the delay in the filing of its
quarterly report on Form 10-Q for the period ended Sept. 30, 2018.

As the Company previously disclosed, the Company has determined
that its previously filed financial statements for the fiscal years
ended June 30, 2014, 2015, and 2016, including the unaudited
quarterly financial statements for such fiscal years, and the
fiscal quarters ended Sept. 30, 2016 and Dec. 31, 2016, should no
longer be relied upon.  The Company is currently working to restate
certain historical periods and prepare financial statements for
currently unfiled periods that conform with U.S. generally accepted
accounting principles and Securities and Exchange Commission rules.
The Company believes that these processes will result in financial
statement impacts for the fiscal quarter ended Sept. 30, 2018 and
those impacts have not been definitively determined at this time.
Accordingly, the Company's filing of financial statements for its
first fiscal quarter ended Sept. 30, 2018, will be delayed.  The
Company's continued evaluation of the matters noted above will
cause these financial statements to be filed after the expiration
of the five calendar day extension period provided by Rule 12b-25.

The Company presently expects to report a net loss for the fiscal
quarter ended Sept. 30, 2018.  Because of the Company's continued
evaluation of the matters, it is not in a position to give more
detailed estimated results for the period.

Celadon has yet to file its Form 10-Q for the first fiscal quarter
ended Sept. 30, 2017; Form 10-Q for the second fiscal quarter ended
Dec. 31, 2017; Form 10-Q for the third fiscal quarter ended March
31, 2018; and Form 10-K for the fiscal year ended June 30, 2018.

                       About Celadon

Celadon Group, Inc. -- http://www.celadongroup.com/-- provides
long haul, regional, local, dedicated, intermodal,
temperature-protect, and expedited freight service across the
United States, Canada, and Mexico.  The Company also owns Celadon
Logistics Services, which provides freight brokerage services,
freight management, as well as supply chain management solutions,
including logistics, warehousing, and distribution.  The Company is
headquartered in Indianapolis, Indiana.

In a press release dated April 2, 2018, Celadon stated that based
on issues identified in connection with the Audit Committee
investigation and management's review, financial statements for
fiscal years ended June 30, 2014, 2015, 2016, and the quarters
ended Sept. 30 and Dec. 31, 2016, will be restated.  Celadon's new
senior management team, led by the Company's new chief financial
officer and new chief accounting officer, commenced a review of the
Company's current and historical accounting policies and
procedures.  The internal investigation and management review have
identified errors that will require adjustments to the previously
issued 2014, 2015, 2016, and 2017 financial statements.     

On March 30, 2018, the Company entered into an Eighth Amendment to
its Amended and Restated Credit Agreement.  The Amendment extended
the existing financial covenant relief through April 30, 2018, with
the principal purpose of permitting the Company and the revolving
lenders to evaluate the recently received refinancing proposal.

On April 18, 2018, Peter Elkins, lead analyst at the New York Stock
Exchange LLC, filed a Form 25 with the Securities and Exchange
Commission notifying the removal from listing or registration of
Celadon's common stock on the Exchange.


CELLECTAR BIOSCIENCES: FDA Lifts Import Alert for CLR 131
---------------------------------------------------------
The U.S. Food and Drug Administration (FDA) has granted an
exemption to the Import Alert placed on the Centre for Probe
Development and Commercialization (CPDC), the sole supplier of the
CLR 131.  The exemption for CLR 131 is effective immediately for
all hematology studies and, in response, Cellectar Biosciences,
Inc. is preparing to dose patients in the second fractionated dose
cohort of the Phase 1 relapsed refractory (R/R) multiple myeloma
study and the Phase 2 study for R/R hematologic malignancies.  The
company awaits authorization from the FDA for any future shipments
in connection with its Phase 1 study of pediatric patients with
neuroblastoma, sarcomas, lymphomas (including Hodgkin's lymphoma)
and malignant brain tumors.

"Yesterday, we were pleased to share that the FDA granted an Import
Alert exemption for our CLR 131 hematology programs which allows
for immediate patient enrollment in our Phase 1 and 2 clinical
trials for relapsed/refractory multiple myeloma and hematology
malignancies," said James Caruso, president and CEO of Cellectar
Biosciences.  "In this past quarter we announced positive data from
both our Phase 1 and 2 hematology trials including results from the
first fractionated dose cohort of our Phase 1 trial and an increase
in patient overall survival in our single-dose cohorts to 19.4
months and counting.  We were similarly pleased to report positive
interim data observed from the Phase 2 trial for DLBCL and exciting
efficacy results from a challenging LPL case study."

"We thank the FDA for their diligence and for providing this
exemption for CLR 131 hematology studies.  Our ability to advance
our clinical trials and achieve stated business objectives remains
our top priority," Mr. Caruso said.  "I also want to recognize our
team for their outstanding execution in support of a rapid
resolution."

In its efforts to obtain an exemption for CLR 131 from the Import
Alert in hematology and pediatrics, Cellectar has collaborated with
the various divisions within the FDA that oversee the company's
investigational new drug applications evaluating CLR 131 in
multiple indications.  Cellectar executed a series of actions
requested by the FDA to obtain an exemption to the Import Alert for
its hematology programs.  Similarly, the company continues to work
with the appropriate division of the FDA to secure an exemption for
the pediatric program.

As background, on Aug. 10, 2018, Cellectar announced that CPDC was
informed of an FDA Import Alert that prohibited CPDC from supplying
CLR 131.  While the Import Alert disrupted CLR 131 supply, the
basis of the Import Alert was not related to CLR 131 specifically,
or to CPDC's production facility associated with CLR 131.  The
company actively supported CPDC's efforts to have the Import Alert
lifted as quickly as possible.  The FDA subsequently initiated
direct talks with Cellectar concerning a possible exemption for CLR
131 from the Import Alert.

                    About Cellectar Biosciences

Cellectar Biosciences -- http://www.cellectar.com/-- is focused on
the discovery, development and commercialization of drugs for the
treatment of cancer.  The Company plans to develop proprietary
drugs independently and through research and development
collaborations.  The core drug development strategy is to leverage
our PDC platform to develop therapeutics that specifically target
treatment to cancer cells.  Through R&D collaborations, the
Company's strategy is to generate near-term capital, supplement
internal resources, gain access to novel molecules or payloads,
accelerate product candidate development and broaden its
proprietary and partnered product pipelines.  The Company's lead
PDC therapeutic, CLR 131, is in a Phase 1 clinical study in
patients with R/R MM and a Phase 2 clinical study in R/R MM and a
range of B-cell malignancies.  The Company plans to initiate a
Phase 1 study with CLR 131 in pediatric solid tumors and lymphoma
and is planning a second Phase 1 study in combination with external
beam radiation for head and neck cancer.  The Company's product
pipeline also includes two preclinical PDC chemotherapeutic
programs (CLR 1700 and 1900) and partnered assets include PDCs from
multiple R&D collaborations.  Its headquarters are located in
Madison, Wisconsin.

The report from the Company's independent accounting firm Baker
Tilly Virchow Krause, LLP, in Madison, Wisconsin, on the
consolidated financial statements for the year ended Dec. 31, 2017,
includes an explanatory paragraph stating that the Company has
suffered recurring losses from operations and has a net capital
deficiency that raise substantial doubt about its ability to
continue as a going concern.

Cellectar reported a net loss attributable to common stockholders
of $15.01 million for the year ended Dec. 31, 2017, following a net
loss attributable to common stockholders of $9.36 million for the
year ended Dec. 31, 2016.  As of Sept. 30, 2018, the Company had
$19.54 million in total assets, $2.66 million in total liabilities
and $16.88 million in total stockholders' equity.


CELLECTAR BIOSCIENCES: Reports Third Quarter Net Loss of $5.3-Mil.
------------------------------------------------------------------
Cellectar Biosciences, Inc. has filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss attributable to common stockholders of $5.25 million for
the three months ended Sept. 30, 2018, compared to a net loss
attributable to common stockholders of $3.47 million for the three
months ended Sept. 30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss attributable to common stockholders of $11.65 million
compared to a net loss attributable to common stockholders of $9.48
million for the same period during the prior year.

As of Sept. 30, 2018, the Company had $19.54 million in total
assets, $2.66 million in total liabilities and $16.88 million in
total stockholders' equity.

Cash and cash equivalents as of Sept. 30, 2018 were $16.4 million,
compared with $10.0 million as of Dec. 31, 2017.  During the third
quarter the Company raised net proceeds of approximately $15.0
million in connection with a public offering.  Consistent with
prior guidance, the Company believes its cash on hand is adequate
to fund operations into the first quarter of 2020.

Research and development expenses for the third quarter of 2018
were $2.0 million, compared with $2.3 million for the third quarter
of 2017.  Research and development expenses for the first nine
months of 2018 were $5.8 million, compared with $6.4 million for
the first nine months of 2017.  The year-over-year decreases are
attributable to lower clinical project costs and lower
manufacturing-related costs.  Research and development expenses for
the three and nine months ended Sept. 30, 2018 included a charge of
approximately $0.3 million in in connection with the
decommissioning of the Company's former manufacturing facility.

General and administrative expenses for the third quarter of 2018
were $1.1 million, compared with $1.2 million for the third quarter
of 2017, and were $3.6 million for the first nine months of 2018,
compared with $3.1 million for the first nine months of 2017.  The
year-over-year increases are attributable to higher consulting
expenses.

The Company stated, "Our cash requirements have historically been
for our research and development activities, finance and
administrative costs, capital expenditures and overall working
capital.  We have experienced negative operating cash flows since
inception and have funded our operations primarily from sales of
common stock and other securities.  As of September 30, 2018, we
had an accumulated deficit of approximately $93,761,000.

"We believe our cash on hand is adequate to fund operations into
first quarter of 2020.  However, our future results of operations
involve significant risks and uncertainties."

A full-text copy of the Form 10-Q is available for free at:

                       https://is.gd/6ZXjCH

                    About Cellectar Biosciences

Cellectar Biosciences -- http://www.cellectar.com/-- is focused on
the discovery, development and commercialization of drugs for the
treatment of cancer.  The Company plans to develop proprietary
drugs independently and through research and development
collaborations.  The core drug development strategy is to leverage
our PDC platform to develop therapeutics that specifically target
treatment to cancer cells.  Through R&D collaborations, the
Company's strategy is to generate near-term capital, supplement
internal resources, gain access to novel molecules or payloads,
accelerate product candidate development and broaden its
proprietary and partnered product pipelines.  The Company's lead
PDC therapeutic, CLR 131, is in a Phase 1 clinical study in
patients with R/R MM and a Phase 2 clinical study in R/R MM and a
range of B-cell malignancies.  The Company plans to initiate a
Phase 1 study with CLR 131 in pediatric solid tumors and lymphoma
and is planning a second Phase 1 study in combination with external
beam radiation for head and neck cancer.  The Company's product
pipeline also includes two preclinical PDC chemotherapeutic
programs (CLR 1700 and 1900) and partnered assets include PDCs from
multiple R&D collaborations.  Its headquarters are located in
Madison, Wisconsin.

The report from the Company's independent accounting firm Baker
Tilly Virchow Krause, LLP, in Madison, Wisconsin, on the
consolidated financial statements for the year ended Dec. 31, 2017,
includes an explanatory paragraph stating that the Company has
suffered recurring losses from operations and has a net capital
deficiency that raise substantial doubt about its ability to
continue as a going concern.

Cellectar reported a net loss attributable to common stockholders
of $15.01 million for the year ended Dec. 31, 2017, following a net
loss attributable to common stockholders of $9.36 million for the
year ended Dec. 31, 2016.


CENGAGE: Bank Debt Trades at 9% Off
-----------------------------------
Participations in a syndicated loan under which Cengage (fka
Thomson Learning) is a borrower traded in the secondary market at
91.38 cents-on-the-dollar during the week ended Friday, November 9,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 1.52 percentage points from
the previous week. Cengage pays 425 basis points above LIBOR to
borrow under the $17 million facility. The bank loan matures on
June 7, 2023. Moody's rates the loan 'B2' and Standard & Poor's
gave a 'B' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
November 9.


CENTURY III MALL: Hires Stephen S. Stallings as Special Counsel
---------------------------------------------------------------
Century III Mall PA, LLC, seeks authority from the United States
Bankruptcy Court for the Western District of Pennsylvania
(Pittsburgh) to hire Attorney Stephen S. Stallings and the law firm
of The Law Offices of Stephen S. Stallings, Esq.

The Debtor has been represented by Attorney Stephen S. Stallings in
the appellate action filed by the Debtor against Sears Roebuck &
Co. in the United States Court of Appeals for the Third Circuit,
docketed at No. 17-2284, as well as the cross-appeal docketed at
No. 17-2759.

The counsel will give the Debtor legal advice with respect to the
Appeal matters in the normal course of its business.

The firms hourly rates as of January 1, 2018, are:

     Stephen S. Stallings, Partner  $500
     KM, Associate                  $200
     GS, Paralegal                  $125

The counsel can be reached at:

     Stephen S. Stallings, Esq.
     The Osterling Building
     228 Isabella Street
     Pittsburgh, PA 15212
     Tel: (412) 322-7777
     Fax: (412) 322-7773
     Email: attorney@stevestallingslaw.com

                 About Century III Mall PA LLC

Century III Mall PA LLC -- http://www.centuryiiimall.com-- owns
the Century III Mall shopping center located in West Mifflin,
Pennsylvania.

Century III Mall PA sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 18-23499) on Sept. 3,
2018.  In the petition signed by Edward Sklyaroff, president, the
Debtor estimated assets of $1 million to $10 million and
liabilities of $1 million to $10 million.  The Debtor tapped Kirk
B. Burkley, Esq., at Bernstein-Burkley, P.C., as its legal counsel.


CHESTNUT FIRM: Hires Bennett Thrasher as Accountant
---------------------------------------------------
Chestnut Firm, LLC, seeks authority from the U.S. Bankruptcy Court
for the Northern District of Georgia to hire Bennett Thrasher, LLP
as accountants in this case to assist the Debtor in the filing of
its 2015, 2016 and 2017 federal and state tax returns, assist the
Debtor in the filing of its 2016 and 2017 FICA and FUTA returns,
and assist the Debtor with its general accounting and financial
needs during the course of Debtor's case.

Accountant is a disinterested person as that term is defined in 11
U.S.C. Sec. 101(14).

The firm's ordinary rates ranges from $90-$460. The Accountant has
requested a retainer of $17,000.00 to begin preparation of Debtor's
2016-2017 federal and state tax returns and rectifying any
outstanding issues regarding 2016 and 2017 payroll taxes.

Michael McCord, CPA, accountant with the firm of Bennett Thrasher,
LLP, attests that his firm is a "disinterested person," as defined
in Bankruptcy Code section 101(14). Moreover, Accountant does not
have an interest materially adverse to the interests of the
Debtor's estate.

The accountant can be reached through:

     Michael McCord, CPA
     Bennett Thrasher, LLP
     Riverwood 200
     3300 Riverwood Parkway, Suite 700
     Atlanta, GA 30339
     Tel: 770-396-2200
     Fax: 770-390-0394

                               About Chestnut Firm

Chestnut Firm, LLC, is private law firm in Atlanta, Georgia.
Chestnut Firm, LLC, filed a Chapter 11 petition (Bankr. N.D. Ga.
Case No. 18-56014) on April 9, 2018.  In the petition signed by
Christopher Chestnut, manager, the Debtor estimated up to $50,000
in total assets and $1 million to $10 million in total liabilities.
Cameron M. McCord, Esq., at Jones & Walden, LLC, is the Debtor's
counsel.


CHOBANI GLOBAL: Bank Debt Trades at 4% Off
------------------------------------------
Participations in a syndicated loan under which Chobani Global
Holdings Inc. is a borrower traded in the secondary market at 95.75
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.79 percentage points from the
previous week. Chobani Global pays 350 basis points above LIBOR to
borrow under the $81 million facility. The bank loan matures on
October 10, 2023. Moody's rates the loan 'B1' and Standard & Poor's
gave a 'B' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
November 9.


CNX RESOURCES: Moody's Affirms B1 CFR & Alters Outlook to Positive
------------------------------------------------------------------
Moody's Investors Service changed the rating outlook for CNX
Resources Corporation to positive from stable. Moody's also
affirmed CNX's B1 Corporate Family Rating, B1-PD Probability of
Default Rating and its B3 senior unsecured ratings. Moody's
concurrently downgraded CNX's Speculative Liquidity Rating to SGL-3
from SGL-1. Moody's affirmed CNX Midstream Partners LP B1 Corporate
Family Rating and B1-PD Probability of Default Rating and its B3
senior unsecured ratings. The outlook on CNXM's ratings remains
stable.

"The positive outlook on CNX's ratings reflects Moody's expectation
that the company will be able to maintain improving momentum in
cash margins and capital returns, as it accelerates production
growth," commented Elena Nadtotchi, Moody's Vice President - Senior
Credit Officer. "CNXM's credit profile is helped by the
strengthening of the sponsor company's operating performance,
however its ratings remain constrained by the relatively small size
of the MLP's operations."

Downgrades:

Issuer: CNX Resources Corporation

Speculative Grade Liquidity Rating, Downgraded to SGL-3 from SGL-1


Outlook Actions:

Issuer: CNX Resources Corporation

Outlook, Changed To Positive From Stable

Affirmations:

Issuer: CNX Resources Corporation

Probability of Default Rating, Affirmed B1-PD

Corporate Family Rating, Affirmed B1

Senior Unsecured Notes, Affirmed B3 (LGD5)

Outlook Actions:

Issuer: CNX Midstream Partners LP

Outlook, Remains Stable

Affirmations:

Issuer: CNX Midstream Partners LP

Probability of Default Rating, Affirmed B1-PD

Corporate Family Rating, Affirmed B1

Senior Unsecured Notes, Affirmed B3 (LGD5)

RATINGS RATIONALE

The positive outlook on CNX's ratings reflects Moody's expectation
that CNX will establish a track record of tangible improvement in
operating margins and capital returns and will maintain lower
leverage as it continues to invest and grow its production. The
positive outlook also reflects Moody's expectation that CNX will
adopt a measured approach to managing shareholder distributions.

CNX's ratings may be upgraded if the company establishes a clear
path to FCF neutrality and maintains lower leverage with RCF/debt
above 30%. Sustainable improvement in profitability and capital
returns amid expected growth in production, with LFCR maintained
above 1.5x, will be also required to achieve an upgrade of the
rating.

Deteriorating cash margins, capital returns and operating cash flow
or a substantial increase in leverage amid higher than expected
negative FCF generation or distributions to the shareholders may
lead to the downgrade of CNX's rating. Weaker leverage, with
RCF/debt declining below 20% and weaker liquidity may lead to the
downgrade of CNX's B1 rating.

CNX's B1 CFR is defined by its plan to develop its substantial
natural gas reserves base and significantly grow production, while
maintaining a solid leverage profile. Taking into account the high
pace of production growth, backed by relatively high level of
capital spending, Moody's expects the company to continue
generating substantial negative free cash flow (FCF) in 2019.
Earlier divestments and repayment of debt at the time of the split
from the coal business in 2017 created some headroom to fund the
growth. Moody's expects CNX to maintain a solid leverage profile,
with debt/production at $10,000/ boe and RCF/debt at around 35% in
2019, underpinned by its existing hedging arrangements.

The B1 rating also reflects CNX's single basin concentration in
Appalachia, subjecting its natural gas production to material basis
differentials and by CNX's relatively weak margins when compared to
sector averages. The company's negative free cash flow generation
and share repurchase program will continue to weigh on its credit
profile in 2019.

The affirmation of CNXM's B1 CFR reflects its modest size and high
degree of geographical and counterparty concentration to its
sponsor, CNX. Long term fixed fee contracts between the sponsor and
its MLP will limit commodity and commercial risks for CNXM, while
it retains some exposure to volume risks, mitigated in part under
CNX's minimum well drilling obligations that last through 2022.

CNXM is set to benefit from accelerated growth in natural gas
production, targeted by its sponsor in 2019-2020. CNXM will need to
make significant capital investment in the development of its
facilities to deliver planned growth in earnings in 2019. Moody's
expects CNXM to borrow to fund its investment plans. The company's
starting leverage is modest, with projected debt/EBITDA exceeding
3x in 2019. CNXM will need to deliver strong growth EBITDA in 2019
to maintain its lower leverage, which depends on its investment and
successful execution of the production growth plans by CNX.

CNXM's size and stand-alone credit profile supports the B1 CFR.
Taking into account the high degree of operational integration and
co-dependence with its sponsor, as well as joint executive
management of the two companies and that the substantial majority
of CNXM's EBITDA comes from CNX, CNXM's CFR is unlikely to be rated
higher than CNX.

CNXM's stable outlook reflects the expectation that the company's
operations will grow but will remain relatively small, when
measured by the size of the assets or EBITDA.

CNXM's ratings may be upgraded if CNX ratings are upgraded and if
the MLP improves its business profile by achieving larger scale
including adding new third party business, while maintaining
conservative leverage with debt/EBITDA below 3.5x and distribution
coverage of 1.2x. CNXM's ratings may be downgraded if the company
accelerates its borrowing ahead of growth in earnings, leading to
debt/EBITDA above 5x and distribution coverage below 1x. The
downgrade of CNX's ratings would likely lead to the downgrade of
the CNXM.

CNX SGL-3 rating reflects its adequate liquidity with significant
negative FCF. Liquidity is supported by its $2.1 billion committed
secured revolver facility that matures on March 8, 2023. The
borrowing base is $2.5 billion, providing opportunity for future
increases in borrowing capacity and limiting downside risk to the
committed capacity in future redeterminations. Moody's expects CNX
to remain in compliance with the two financial covenants (a maximum
net leverage ratio of 4.0x and a minimum current ratio of 1x) in
its credit facility though 2019. Although CNX may raise additional
liquidity from asset sales, substantially all of its assets have
been pledged to the revolver lenders.

Moody's views CNXM's liquidity as adequate as reflected in its
SGL-3 rating. CNXM has a separate $600 million senior secured
revolving facility that also matures on March 8, 2023. The facility
has several leverage covenants, including debt/EBITDA not exceeding
5.5x, secured debt/EBITDA not exceeding 3.5x and minimum interest
coverage of at least 2.5x. Moody's expects the MLP company to
maintain good headroom for future compliance with these covenants
in 2019. The partnership has limited alternative liquidity given
its assets are encumbered.

CNX benefits from extended maturity profile. Its first maturity of
the senior notes is in 2022, while CNXM's notes will mature in
2026.

CNX's senior unsecured notes are rated B3, in accordance with
Moody's Loss Given Default Methodology. The rating is two notches
below the CFR level, given the significant size of the secured
credit facility in the capital structure that has a priority claim
and security over substantially all of the company's assets. The
senior notes are unsecured and guaranteed by subsidiaries (other
than CNXM) on a senior unsecured basis.

The B3 rating assigned to CNXM's senior notes is two notches below
the CFR, reflecting the high proportion of secured debt in the
corporate structure. The revolving credit facility is senior
secured and has a priority claim to substantially all of CNXM's
assets. The senior notes are unsecured and guaranteed by
subsidiaries on a senior unsecured basis.

CNX Resources Corp. is a publicly traded sizable independent
exploration and production company operating in the Appalachian
basin. It controls substantial resources of approximately 540,000
net acres and 600,000 net acres respectively in Marcellus and Utica
Shale. CNX's production as of September 30, 2018 stood at 225
mboe/d.

CNX Midstream Partners LP (CNXM) is a publicly traded growth
orientated MLP formed by CNX to own, operate and develop midstream
facilities in the Marcellus Shale and Utica Shale basins. Its
assets include natural gas gathering pipelines and compression,
dehydration facilities, as well as condensate gathering pipelines
and separation and stabilization facilities and are well integrated
with producing and developing assets of CNX. CNX owns 100% of
CNXM's general partner (GP), CNX Midstream GP LLC, including all
the incentive distribution rights (IDRs) of the GP. CNX also is the
majority shareholder in the MLP's Development companies that hold
and develop the midstream assets.

The principal methodology used in rating CNX Resources Corporation
was Independent Exploration and Production Industry published in
May 2017. The principal methodology used in rating CNX Midstream
Partners LP was Midstream Energy published in May 2017.


CONCORDIA INTERNATIONAL: Will Seek OK of Change of Company Name
---------------------------------------------------------------
Concordia International Corp. has notified holders of its limited
voting shares that a special meeting will be held at the offices of
Fasken Martineau DuMoulin LLP, in the Rideau/St. Lawrence Room, Bay
Adelaide Center, Suite 2400, 333 Bay St., Toronto, Ontario, M5H
2T6, at 10:00 a.m. (EST) on Nov. 29, 2018 for the following
purposes:

   (a) to consider and if thought advisable to pass, with or
       without variation, a special resolution to authorize the
       board of directors of the Corporation to amend the
       Corporation's articles to effect the change of name of the
       Corporation to "Advanz Pharma Corp.", or such other name as

       may be accepted by the relevant regulatory authorities and
       approved by the Board, as more fully described in the
       accompanying Circular; and

   (b) to transact such further and other business as may properly
       come before the Meeting or the reconvening of any
       adjournment or postponement thereof.

The Board has fixed the close of business on Oct. 30, 2018 as the
record date for the determination of Shareholders entitled to
notice of and to vote at the Meeting and at any adjournment or
postponement thereof.

                       About Concordia

Based in Ontario, Canada, Concordia -- http://www.concordiarx.com/
-- is an international specialty pharmaceutical company with a
diversified portfolio of more than 200 patented and off-patent
products, and sales in more than 90 countries.  Going forward, the
Company is focused on becoming a leader in European specialty,
off-patent medicines.  Concordia operates out of facilities in
Mississauga, Ontario and, through its subsidiaries, operates out of
facilities in Bridgetown, Barbados; London, England and Mumbai,
India.

Concordia reported a net loss of US$1.59 billion for the year ended
Dec. 31, 2017, compared to a net loss of US$1.31 billion for the
year ended Dec. 31, 2016.  As of June 30, 2018, Concordia had
US$2.12 billion in total assets, US$4.25 billion in total
liabilities and a total shareholders' deficit of US$2.13 billion.

The audit opinion included in the Company's Annual Report on Form
10-K for the year ended Dec. 31, 2017 contains a going concern
explanatory paragraph.  PricewaterhouseCoopers LLP, the Company's
auditor since 2015, stated that the Company has commenced a court
proceeding under the Canada Business Corporation Act (CBCA) to
restructure certain debt obligations.  The commencement of the CBCA
proceedings has resulted in events of default under certain of the
Company's credit facilities and a termination event under the cross
currency swap agreement, which defaults are subject to the stay of
proceedings granted by the court.  These events raise substantial
doubt about the Company's ability to continue as a going concern.


COTTON PATCH: Dec. 12 Plan Confirmation Hearing
-----------------------------------------------
Judge Brenda Moody Whinery of the U.S. Bankruptcy Court for the
District of Arizona approved the disclosure statement with respect
to the joint Chapter 11 plan of reorganization of Cotton Patch,
Salcot Planting Co., Charles Wm. Salmons and Christine A. Salmons.

The Confirmation Hearing is scheduled to be conducted on December
12, 2018, at 10:00 a.m.
Objections to confirmation of the Plan must be filed on or before
December 5, 2018.  Any party desiring to object to confirmation of
the Plan must file a written objection with the Court via the
Electronic Court Filing System or, if the objecting party is not an
authorized user of the System, then by delivering the objection to
the Court Clerk of the Court.

The sources of payment for unsecured creditors will be the
operation of the businesses and the salaries of Bill and Christine
Salmons. Bill Salmons is a general partner in Cotton Patch. Bill
and Christine Salmons are general partners in Salcot. The Court
may
have to determine whether a substantive consolidation is
implicated
by the Plan and whether the issue is raised by objections to the
Plan, if any. Since the vast majority of creditors for Bill and
Christine Salmons are the same as Cotton Patch and Salcot and no
creditors are adversely affected, the Debtors reserve the right to
seek substantive consolidation of Bill and Christine Salmons with
Salcot and Cotton Patch.

It is anticipated that the total amount of unsecured and
undersecured creditors, classified in Class 8, is $2,100,000.  The
Class 8 allowed claims will share pro rata in funds contributed by
the Debtors on the Effective Date of $10,000.  The Debtors will
make distributions to the unsecured claims from Bill and Christine
Salmons' disposable income and 50% of the net proceeds of the
Reorganized Debtors after operating expenses and reorganization
payments with $10,000 to be distributed on April 15th each year
and
any amount of the 50% of net proceeds above the $10,000 to be
distributed on October 31st each year, but not less than $20,000
per year for five years following the Effective Date. Class 8
Claims holders will receive the same treatment as Class 9 claim
holders. It is anticipated that the recovery for all creditors in
Class 8 and 9 will be between $100,000 to $275,000 depending on
whether there is a contested confirmation.

A copy of the Disclosure Statement is available at
https://tinyurl.com/ycmnn7zz from PacerMonitor.com at no charge.

                   About Cotton Patch and Salcot
                           Planting Co.

Cotton Patch and Salcot Planting Co. farm approximately 1,100
acres
in Pinal County, Arizona, consisting of six separate leaseholds.
Cotton Patch, is the lessee of two Arizona State Land Department
agricultural leases.  Cy W. Salmons, Aaron M. Salmons, Charles Wm.
Salmons, and Christine A. Salmons own all of the equity of Salcot
Planting and they are the only members of the general partnership.

Both companies have no employees and they now primarily grow
cotton.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Ariz. Case Nos. 18-04037 and 18-04038) on April
17,
2018.  In the petitions signed by Cy W. Salmons, general partner,
the Debtors each had estimated assets of $1 million to $10 million
and liabilities of $1 million to $10 million.

Judge Brenda Moody Whinery presides over the cases.


COVIA HOLDINGS: Bank Debt Trades at 18% Off
-------------------------------------------
Participations in a syndicated loan under which Covia Holdings
Corporation is a borrower traded in the secondary market at 81.75
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.92 percentage points from the
previous week. Covia Holdings pays 375 basis points above LIBOR to
borrow under the $16 million facility. The bank loan matures on
June 1, 2025. Moody's rates the loan 'Ba3' and Standard & Poor's
gave a 'BB' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
November 9.


CREATIVE FOODS: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Creative Foods, LLC a New Mexico Limited Liability Company
        6100 Seagul Street Suite B-103
        Albuquerque, NM 87109

Business Description: Creative Foods, LLC operates a restaurant in
                      Albuquerque, New Mexico.

Chapter 11 Petition Date: November 13, 2018

Court: United States Bankruptcy Court
       District of New Mexico (Albuquerque)

Case No.: 18-12837

Debtor's Counsel: Don F. Harris, Esq.
                  NM FINANCIAL LAW, P.C.
                  320 Gold Avenue SW, Suite 1401
                  Albuquerque, NM 87102
                  Tel: 505-503-1637
                  E-mail: nmfl@nmfinanciallaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Robert Stacy Williams, chief operating
officer.

The Debtor failed to include in the petition a list of its 20
largest unsecured creditors.

A full-text copy of the petition is available for free at:

             http://bankrupt.com/misc/nmb18-12837.pdf


CSM BAKERY: Bank Debt Trades at 6% Off
--------------------------------------
Participations in a syndicated loan under which CSM Bakery
Solutions is a borrower traded in the secondary market at 93.83
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 2.32 percentage points from the
previous week. CSM Bakery pays 400 basis points above LIBOR to
borrow under the $15 million facility. The bank loan matures on
July 30, 2020. Moody's rates the loan 'B3' and Standard & Poor's
gave a 'B-' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
November 9.


CWGS GROUP: $25MM Bank Debt Trades at 6% Off
--------------------------------------------
Participations in a syndicated loan under which CWGS Group LLC is a
borrower traded in the secondary market at 94.33
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.91 percentage points from the
previous week. CWGS Group pays 275 basis points above LIBOR to
borrow under the $25 million facility. The bank loan matures on
November 18, 2023. Moody's rates the loan 'B1' and Standard &
Poor's gave a 'BB+' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, November 9.


CWGS GROUP: $93MM Bank Debt Trades at 6% Off
--------------------------------------------
Participations in a syndicated loan under which CWGS Group LLC is a
borrower traded in the secondary market at 94.33
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.91 percentage points from the
previous week. CWGS Group pays 275 basis points above LIBOR to
borrow under the $93 million facility. The bank loan matures on
November 8, 2023. Moody's rates the loan 'B1' and Standard & Poor's
gave a 'BB+' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
November 9.


CYTORI THERAPEUTICS: Posts $4.8M Q3 Loss Allocable to Stockholders
------------------------------------------------------------------
Cytori Therapeutics has filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q reporting a net loss
allocable to common stockholders of $4.81 million on $858,000 of
product revenues for the three months ended Sept. 30, 2018,
compared to a net loss allocable to common stockholders of $4.80
million on $467,000 of product revenues for the three months ended
Sept. 30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss allocable to common stockholders of $12.88 million on
$2.24 million of product revenues compared to a net loss allocable
to common stockholders of $18.39 million on $2.02 million of
product revenues for the same period during the prior year.

As of Sept. 30, 2018, Cytori had $25.53 million in total assets,
$19.39 million in total liabilities and $6.13 million in total
stockholders' equity.

Q3 2018 net loss was $2.3 million, or $0.27 per share.  Operating
cash burn for Q3 was approximately $2.6 million.  Cytori ended Q3
with approximately $6.8 million of cash and cash equivalents.

Cytori is developing its lead chemotherapy drug, ATI-0918, a
generic version of pegylated liposomal doxorubicin hydrochloride,
with the goal of submitting a Marketing Authorization Application
(MAA) to the European Medicines Agency (EMA) next year.  The
Company previously completed a bioequivalence study against the
European reference drug and are in the process of completing
manufacturing-related activities to support the MAA.  The Company
also continues to evaluate potential commercial partnering
opportunities for ATI-0918 with a focus on Europe, which has a
current estimated market size of over $120 million.  

Cytori is also developing another chemotherapy drug, ATI-1123, a
patented, albumin-stabilized pegylated liposomal docetaxel.  The
Company recently received an orphan drug designation from the U.S.
FDA for small cell lung cancer and intends to pursue FDA's
505(b)(2) new drug application (NDA) pathway in the U.S. which may
offer accelerated and lower cost development.

In the first half of 2019, Cytori expects a 1-year data readout
from the 45 patient, multi-center, potential pivotal clinical trial
in stress urinary incontinence conducted in Japan called ADRESU.

Later in 2018, Cytori expects a 6-month data readout from the 40
patient, French SCLERADEC II clinical trial in scleroderma
patients.

Cytori is actively conducting the U.S. Phase I RELIEF trial in
thermal burn injury trial sponsored by BARDA.  Cytori completed a
successful In-Process Review meeting with BARDA this past June.

Commercially, Cytori is focusing its efforts in Japan and continues
to see favorable growth trends in the use of its cell therapy
products approved under the Regenerative Medicine Law in the
aesthetic and orthopedic markets.  The Company remains on track to
see continued double digit year-over-year growth in Celution System
consumable utilization.

Finally, Cytori recently received the first $1.0 million royalty
milestone from Bimini Technologies, LLC (Bimini).  In 2013, Cytori
divested the Puregraft product line that includes periodic royalty
payments of up to $10.0 million and certain other economic benefits
based on Bimini achieving gross profits milestones.

"A key corporate objective is to complete manufacturing support
activities and seek European marketing authorization for ATI-0918,
our lead oncology drug product.  Furthermore, we have recently
expanded development activities for the ATI-1123 phase II oncology
program and its potential 505(b)(2) acceptability," said Dr. Marc
Hedrick, president and chief executive officer of Cytori.  "In cell
therapy, we are focused on continued revenue growth based on
positive quarter-over-quarter and year-over-year consumable
utilization trends.  In the meantime, we are awaiting pivotal
clinical data from our Japanese stress urinary incontinence
trial."

Q3 2018 and year-to-date Financial Performance

   * Q3 2018 and year-to-date operating cash burn was $2.6 million

     and $9.5 million, compared to $4.0 million and $13.9 million
     for the same periods in 2017, respectively.

   * Q3 2018 and year-to-date product revenues were $0.9 million
     and $2.2 million, compared to $0.5 million and $2.0 million
     for the same periods in 2017, respectively.

   * Q3 2018 and year-to-date contract revenues were $0.5 million
     and $2.3 million, compared to $1.3 million and $2.9 million
     for the same periods in 2017, respectively.

   * Q3 2018 and year-to-date consumable utilization in Japan grew

     by approximate 90% and 70%, when comparing to the same
     periods in 2017, respectively.

   * Cash and debt principal balances at Sept. 30, 2018 were
     approximately $6.8 million and $13.0 million, respectively.

   * Q3 2018 adjusted net loss was $4.0 million or $0.45 per
     share, compared to a net loss of $4.8 million or $1.39 per
     share for the same period in 2017.  The adjusted net loss
     excludes a non-cash beneficial conversion feature (a non gaap

     measure) related to the issuance of the Company's Series C
     convertible preferred shares in the third quarter of 2018 of
     $2.5 million, as well as a credit of $1.7 million related to
     a change in fair value of warrant liability (a non gaap
     measure).

   * Year-to-date 2018 adjusted net loss was $12.1 million or
     $1.73 per share, compared to $18.4 million or $6.22 per share

     for the same period in 2017.  The adjusted net loss excludes
     a non-cash beneficial conversion feature (a non gaap measure)

     related to the issuance of the Company's Series C convertible

     preferred shares in the third quarter of 2018 of $2.5
     million, as well as a credit of $1.6 million related to a
     change in fair value of warrant liability (a non gaap
     measure).  Year-to-date 2018 net loss allocable to common
     stockholders was $12.9 million, or $1.85 per share.

Selected Key Anticipated Milestones:

   * Complete ATI-0918 development and manufacturing required to
     prepare and file a MAA with the EMA.

   * Seek FDA 505(b)(2) pathway applicability for ATI-1123  
     product.

   * Obtain Japan MHLW Class III approval for Celution System
     consumables.

   * Report 1-year Japanese ADRESU pivotal clinical trial data for

     post-surgical male stress urinary incontinence.

   * Enrollment update in the BARDA-funded U.S. RELIEF clinical
     trial.

   * Report French investigator initiated SCLERADEC II clinical
     trial data in scleroderma hand dysfunction.

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/AiEn8N

                         About Cytori

Based in San Diego, California, Cytori -- http://www.cytori.com/--
is developing, manufacturing, and commercializing
nanoparticle-delivered oncology drugs and autologous
adipose-derived regenerative cell (ADRC) therapies within its
Nanomedicine and Cell Therapy franchises, respectively.  Cytori
Nanomedicine is focused on the liposomal encapsulation of
anti-neoplastic chemotherapy agents, which may enable the effective
delivery of the agents to target sites while reducing systemic
toxicity.  The Cytori Nanomedicine product pipeline consists of
ATI-0918 pegylated liposomal doxorubicin hydrochloride for breast
cancer, ovarian cancer, multiple myeloma, and Kaposi's sarcoma, a
complex/hybrid generic drug, and ATI-1123 patented
albumin-stabilized pegylated liposomal docetaxel for multiple solid
tumors.  Cytori Cell Therapy, prepared within several hours with
the proprietary Celution System and administered to the patient the
same day, has been shown in preclinical and clinical studies to act
principally by improving blood flow, modulating the immune system,
and facilitating wound repair.  As a result, Cytori Cell Therapy
may provide benefits across multiple disease states and can be made
available to the physician and patient at the point-of-care.

Cytori reported a net loss of $22.68 million for the year ended
Dec. 31, 2017, compared to a net loss of $22.04 million for the
year ended Dec. 31, 2016.  As of June 30, 2018, Cytori had $22.67
million in total assets, $17.92 million in total liabilities and
$4.75 million in total stockholders' equity.

The audit report of the Company's independent registered public
accounting firm BDO USA, LLP, in San Diego, California, covering
the Dec. 31, 2017 consolidated financial statements contains an
explanatory paragraph that states that the Company's recurring
losses from operations, liquidity position, and debt service
requirements raises substantial doubt about its ability to continue
as a going concern.


CYTOSORBENTS CORP: Posts Third Quarter Revenue of $5.7 Million
--------------------------------------------------------------
CytoSorbents Corporation reports financial and operational results
for the quarter ending Sept. 30, 2018.

Third Quarter 2018 Financial Highlights:

   * Q3 2018 total revenues, which includes both product sales and
     grant income, increased 50% to $5.7 million, up from $3.8
     million in Q3 2017

   * Q3 2018 product sales were $5.1 million, a 48% increase from
     $3.4 million in Q3 2017, primarily driven by an increase in
     direct sales from both new customers, repeat orders from
     existing customers, and an increase in distributor sales

   * Product gross margins for Q3 2018 were 72%, compared to 69%
     for Q3 2017

   * Trailing twelve month product sales at the end of Q3 2018
     were $19.1 million, compared to $11.7 million a year ago

   * Ended Q3 2018 with $24.9 million in cash and cash
     equivalents, expected to provide sufficient working capital
     to fund operations into the second half of 2020

Third Quarter 2018 Operational Highlights:

   * More than 51,000 CytoSorb treatments have been cumulatively
     delivered, up from 31,000 a year ago

   * CytoSorb is distributed in a total of 53 countries worldwide

   * Transition of CytoSorb manufacturing to the new production
     facility has gone smoothly, with all Q4 2018 production being

     driven from the new plant

   * Switzerland assigned a dedicated procedure code to CytoSorb,
     effective Jan. 1, 2019, and is awaiting payment designation

   * The REFRESH 2 - AKI trial has now enrolled 20 patients, and
     is recruiting in 14 active centers, following recent FDA
     approval and trial site ethics committee approvals of the
     protocol amendment.  An additional 6 sites are finalizing
     contracts and are pending initiation, and another 5 sites are

     in start-up activities

   * The German government-funded REMOVE Endocarditis trial has
     enrolled 62 patients in 9 active centers, with the potential
     future addition of 4 more sites, and is planning an interim
     analysis on the first 50 patients focused on inflammation
     biomarkers such as cytokines

   * Partner Aferetica and CytoSorbents debuted the PerLife Organ
     Preservation System for organ transplantation, which utilizes

     CytoSorbents' proprietary sorbent technology

   * National Heart, Lung and Blood Institute (NHLBI) awarded the
     company up to $3M in matching SBIR Phase IIB bridge funding
     to accelerate FDA approval and commercialization of the
     HemoDefend-RBC blood transfusion filter

   * Commemorated World Sepsis Day through sponsorship of the
     Sepsis Alliance's Sepsis Heroes Gala, and the Roger Bone
     Award for Excellence in Sepsis Research

Dr. Phillip Chan, chief executive officer of CytoSorbents stated,
"We grew significantly with $19.1 million in trailing 12-month
product sales, up 63% from a year ago, and healthy blended gross
margins of 72%.  Quarterly product sales were up 48% from last
year, driven by record CytoSorb shipments, and if not for a decline
in the Euro during the quarter, Q3 2018 product sales would have
been slightly higher than those achieved from an already strong Q2
2018.  That said, our track record of 25 consecutive quarters of
year-over-year sales increases remains well-intact."

"We believe our Q3 2018 results could have been even stronger.  For
many companies with European exposure, the third quarter is often
challenging as workers and customers go on extended summer
vacations during July and August, and business slows down in
Europe.  This was the first quarter that we have seen this slowdown
in our financial results. However, this was countered by increases
in distributor sales, which were at an all-time high."

Dr. Chan continued, "Turning to our clinical programs, I am pleased
that our REFRESH 2-AKI pivotal trial has been making excellent
progress.  As we discussed in the prior earnings call, at the
recommendation of our key clinical advisors, we submitted a
protocol amendment to facilitate enrollment and to broaden the
applicable market for CytoSorb, if approved.  As we waited for FDA
and ethics committee approvals at trial sites of the amendment, our
clinical team worked diligently to bring on-board 14 active
clinical sites to drive a "step-function" increase in enrollment.
With good feedback from trial sites on the ability to enroll
patients under the revised inclusion criteria, we have now enrolled
20 patients in a relatively short period of time and expect
enrollment to further accelerate as we bring on-board a total of 25
active trial sites in the near future.


"The REMOVE endocarditis trial is also moving forward, adding an
additional 22 patients since the last earnings call, currently with
62 patients enrolled out of a 250-patient target. An interim
analysis on inflammatory mediators such as cytokines will be
conducted on the first 50 patients, planned in the next several
months.  Meanwhile, we continue to work with NHLBI to help fund and
prepare our HemoDefend-RBC pivotal study in the U.S. that is
designed to support U.S. FDA approval, with the goal of starting
this trial in early 2019."

"Going forward, we believe we are at the beginning of a significant
multi-year growth opportunity, targeting billion dollar markets in
sepsis, cardiac surgery, liver disease, trauma, and many other
conditions.  Heading into what is traditionally a strong quarter,
we have refined our guidance that we expect Q4 2018 product sales
to be higher than Q3 2018 product sales.  In addition, we continue
to target achievement of quarterly operating profitability (which
excludes non-cash expenses and clinical trial costs) in Q4 2018."

                      About CytoSorbents

Based in Monmouth Junction, New Jersey, CytoSorbents Corporation is
engaged in critical care immunotherapy commercializing its CytoSorb
blood purification technology to reduce deadly uncontrolled
inflammation in hospitalized patients around the world, with the
goal of preventing or treating multiple organ failure in
life-threatening illnesses.  The Company, through its subsidiary
CytoSorbents Medical Inc. (formerly known as CytoSorbents, Inc.),
is engaged in the research, development and commercialization of
medical devices with its blood purification technology platform
which incorporates a proprietary adsorbent, porous polymer
technology.

Cytosorbents reported a net loss attributable to common
shareholders of $8.79 million on $15.15 million of total revenue
for the year ended Dec. 31, 2017, compared to a net loss
attributable to common shareholders of $11.76 million on $9.52
million of total revenue for the year ended Dec. 31, 2016.  As of
Sept. 30, 2018, Cytosorbents had $34.24 million in total assets,
$14.17 million in total liabilities and $20.07 million in total
stockholders' equity.

The Company's independent registered public accountants' report for
the year ended Dec. 31, 2017 includes an explanatory paragraph that
expresses substantial doubt about the Company's ability to continue
as a "going concern."  WithumSmith+Brown, PC, in East Brunswick,
New Jersey, stated that the Company sustained net losses for the
years ended December 31, 2017, 2016 and 2015.  Further, the Company
believes it will have to raise additional capital to fund its
planned operations for the twelve month period through March 2019.
These matters raise substantial doubt regarding the Company's
ability to continue as a going concern.


DELTA DUCK: Taps Stewart Robbins as Legal Counsel
-------------------------------------------------
Delta Duck Farms LLC seeks approval from the U.S. Bankruptcy Court
for the Middle District of Louisiana to hire Stewart Robbins &
Brown, LLC, as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code, the continued operations of its business and the
management of its property, and will provide other legal services
related to its Chapter 11 case.

Stewart Robbins will charge these hourly fees:

     P. Douglas Stewart, Jr.     $395
     Brandon Brown               $385
     William Robbins             $385
     Brooke Altazan              $355
     Paralegals                  $120

Paul Douglas Stewart Jr., a partner at Stewart Robbins, disclosed
in a court filing that his firm is "disinterested" as defined in
Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Paul Douglas Stewart, Jr., Esq.        
     William S. Robbins, Esq.     
     Brandon A. Brown, Esq.
     Stewart Robbins & Brown, LLC
     301 Main Street, Suite 1640
     P.O. Box 2348       
     Baton Rouge, LA  70821-2348       
     Phone: (225) 231-9998        
     Fax: (225) 709-9467  
     E-mail: dstewart@stewartrobbins.com
     E-mail: wrobbins@stewartrobbins.com
     E-mail: bbrown@stewartr obbins.com

                    About Delta Duck Farms

Delta Duck Farms LLC is a privately-held company in Baton Rouge,
Louisiana, in the hunting and trapping industry.  Its principal
assets are located at 510 Lee County Rd., 911 Moro, Arkansas.

Delta Duck Farms sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. La. Case No. 18-11268) on Nov. 5,
2018.  At the time of the filing, the Debtor estimated assets of $1
million to $10 million and liabilities of $1 million to $10
million.  

The Debtor tapped Stewart Robbins & Brown, LLC as its legal
counsel.


DELUXE FILM: $20MM Bank Debt Trades at 14% Off
----------------------------------------------
Participations in a syndicated loan under which Deluxe Film is a
borrower traded in the secondary market at 86.46
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.66 percentage points from the
previous week. Deluxe Film pays 550 basis points above LIBOR to
borrow under the $20 million facility. The bank loan matures on
February 28, 2020. Moody's rates the loan 'B2' and Standard &
Poor's gave a 'B-' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, November 9.


DELUXE FILM: $60MM Bank Debt Trades at 14% Off
----------------------------------------------
Participations in a syndicated loan under which Deluxe Film is a
borrower traded in the secondary market at 86.46
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.66 percentage points from the
previous week. Deluxe Film pays 550 basis points above LIBOR to
borrow under the $60 million facility. The bank loan matures on
February 28, 2020. Moody's rates the loan 'B2' and Standard &
Poor's gave a 'B-' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, November 9.


DIFFUSION PHARMACEUTICALS: Reports Q3 Net Loss of $6.71 Million
---------------------------------------------------------------
Diffusion Pharmaceuticals Inc. has filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss attributable to common stockholders of $6.71 million for
the three months ended Sept. 30, 2018, compared to net income
attributable to common stockholders of $2.89 million for the three
months ended Sept. 30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss attributable to common stockholders of $21.05 million
compared to a net loss attributable to common stockholders of $4.06
million for the same period during the prior year.

As of Sept. 30, 2018, the Company had $23.59 million in total
assets, $2.68 million in total liabilities, and $20.90 million in
total stockholders' equity.

The Company has not generated any revenues from product sales and
has funded operations primarily from the proceeds of public
offerings, convertible debt and convertible preferred stock.
Substantial additional financing will be required by the Company to
continue to fund its research and development activities.  No
assurance can be given that any such financing will be available
when needed or that the Company's research and development efforts
will be successful.

The Company said it regularly explores alternative means of
financing its operations and seeks funding through various sources,
including public and private securities offerings, collaborative
arrangements with third parties and other strategic alliances and
business transactions.  On Jan. 22, 2018, the Company closed an
underwritten public offering of 15,000,000 shares of the Company's
common stock, par value $0.001 per share and warrants to purchase
15,000,000 shares of Common Stock.  At the closing, the Company
also issued warrants to purchase an additional 1,970,625 shares of
Common Stock pursuant to the underwriter's partial exercise of its
overallotment option.  The shares of Common Stock and warrants were
sold at a combined public offering price of $0.80 per share and
warrant for total proceeds of approximately $10.8 million.  The
warrants have an exercise price of $0.80 per share and a term of
five years from the date of issuance.  In addition, at the closing,
the Company issued to designees of the underwriter of the offering
warrants to purchase up to 750,000 shares of Common Stock.  The
underwriter's warrants have an exercise price of $1.00, a term of
five years from the date of issuance and otherwise substantially
similar terms to the form of investor warrant.  As a result of the
offering, all outstanding shares of the Company's Series A
convertible preferred stock converted into 21,006,918 shares of
Common Stock (including accrued dividends paid-in-kind and issuance
of shares in respect of the "make-whole" adjustment feature
thereof).

The Company currently does not have any commitments to obtain
additional funds and may be unable to obtain sufficient funding in
the future on acceptable terms, if at all.

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/aY5zex

                 About Diffusion Pharmaceuticals

Based in Charlottesville, Virginia, Diffusion Pharmaceuticals Inc.
-- http://www.diffusionpharma.com-- is a clinical-stage
biotechnology company focused on extending the life expectancy of
cancer patients by improving the effectiveness of current
standard-of-care treatments including radiation therapy and
chemotherapy.  Diffusion is developing its lead product candidate,
trans sodium crocetinate (TSC), for use in the many cancers where
tumor hypoxia (oxygen deprivation) is known to diminish the
effectiveness of SOC treatments.  TSC targets the cancer's hypoxic
micro-environment, re-oxygenating treatment-resistant tissue and
making the cancer cells more vulnerable to the therapeutic effects
of SOC treatments without the apparent occurrence of any serious
side effects.

Diffusion incurred a net loss attributable to common stockholders
of $2.61 million in 2017 compared to a net loss attributable to
common stockholders of $18.03 million in 2016.  As of June 30,
2018, Diffusion had $29.94 million in total assets, $2.64 million
in total liabilities and $27.30 million in total stockholders'
equity.

On March 2, 2018, Diffusion received a written notice from the
staff of the Listing Qualifications Department of the Nasdaq Stock
Market LLC indicating the Company was not in compliance with Nasdaq
Listing Rule 5550(a)(2) because the bid price for the Company's
common stock had closed below $1.00 per share for the previous 30
consecutive business days.  In accordance with Nasdaq Listing Rule
5810(c)(3)(A), the Company has 180 calendar days from the date of
such notice, or until Aug. 29, 2018, to regain compliance with the
minimum bid price requirement.  On Aug. 30, 2018, the Company
received a written notice from the Staff providing that, although
the Company had not regained compliance with the Minimum Bid Price
Rule by Aug. 29, 2018, in accordance with Nasdaq Listing Rule
5810(c)(3)(F), the Staff had determined that the Company is
eligible for an additional 180 calendar days from the date of such
notice, or until Feb. 25, 2019, to regain compliance with the
Minimum Bid Price Rule.


DJO FINANCE: Incurs $29.5 Million Net Loss in Third Quarter
-----------------------------------------------------------
DJO Finance LLC has filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
attributable to the Company of $29.49 million on $294.05 million of
net sales for the three months ended Sept. 30, 2018, compared to a
net loss attributable to the Company $22.69 million on $290.87
million of net sales for the three months ended Sept. 30, 2017.

For the nine months ended Sept. 29, 2018, the Company reported a
net loss attributable to the Company of $60.75 million on $891.51
million of net sales compared to a net loss attributable to the
Company of $97.04 million on $874.01 million of net sales for the
nine months ended Sept. 30, 2017.

As of Sept. 39, 2018, DJO Finance had $2.01 billion in total
assets, $2.86 billion in total liabilities and a total deficit of
$853.81 million.

Business Transformation

   * The business transformation that began in early 2017
     continues to drive profitability, with Adjusted EBITDA    
     margins (excluding the impact of ASC 606 adoption) up 118
     basis points, or 92 basis points on a constant currency
     basis, in the third quarter of 2018 compared to the prior
     year.  Year-to-date Adjusted EBITDA margin was 23.6%
    (excluding the impact of ASC 606 adoption), up 211 basis
     points from the prior year period.

   * Including $20.6 million in future annual run-rate savings
     from transformation actions taken to date, Adjusted EBITDA
     for the twelve months ended September 29, 2018 was $313.8
     million.

"Our growth initiatives are working," said Brady Shirley, DJO's
president and chief executive officer.  "We're seeing revenue
growth return in key segments and ongoing margin expansion,
evidence that our efforts are driving results, and we continue to
anticipate a stronger trajectory for the remainder of our fiscal
year."

Mike Eklund, chief financial officer and chief operating officer of
DJO, added, "We have made such great progress in our transformation
journey.  Productivity was strong again in the quarter, as it has
been the last several quarters, with Adjusted EBITDA for the
quarter increasing 8.1%, or 2.9 times the growth in revenue, and
margins improving about 120 basis points."

On Jan. 1, 2018, DJO adopted Accounting Standards Update 2014-09,
Revenue From Contracts with Customers, ("ASC 606").  Under ASC 606,
in the third quarter the Company reclassified $5.0 million of costs
from selling, general and administrative costs to net sales.

Sales Results

Net sales for DJOFL for the third quarter of 2018 were $299.0
million, an increase of 2.8% from the prior year period, or $294.1
million with the adoption of ASC 606.  On a constant currency
basis, sales increased 3.4%.  For the nine months ending Sept. 29,
2018, net sales increased 3.2% to $901.9 million, or $891.5 million
with the adoption of ASC 606.  On a constant currency basis, net
sales for the first nine months of 2018 increased 1.9% over net
sales in the first nine months of 2017.  The number of selling days
in the quarter was the same as in the prior year period.

Net sales for DJO's Surgical Implant segment grew 14.6% in the
quarter to $53.4 million.  There was strong double-digit growth
across all three implant product lines compared to the same quarter
in the prior year.  For the nine months ending Sept. 29, 2018, the
Surgical Implant segment grew 10.1% over the prior year period to
$160.9 million.

Net sales for DJO's International segment grew 1.6% in the third
quarter to $78.2 million, or 3.9% on a constant currency basis.
There was strong growth in France and Australia, partially offset
by market conditions in the Benelux region and in the United
Kingdom.  For the nine months ending Sept. 29, 2018, the
International segment revenue was $253.8 million, an increase of
8.1%, or 3.1% on a constant currency basis.

Net sales for DJO's Recovery Sciences segment declined 3.5% in the
third quarter to $38.0 million, or $35.8 million with the adoption
ASC 606. Strong growth in the segment's Regeneration CMF product
line was offset by softness in the Chattanooga product line
compared to the prior year period.  For the nine months ending
Sept. 29, 2018, the Recovery Sciences segment declined 4.5% to
$111.3 million, or $109.2 million with the adoption of ASC 606.

Net sales for DJO's Bracing and Vascular segment grew 1.2% to
$129.5 million in the third quarter, or $126.6 million with the
adoption of ASC 606.  There was strong growth in the segment's
DonJoy product line, partially offset by weakness in the Dr.
Comfort footwear product line.  Strength in acute care, demand for
new products, and continued progress in transformation initiatives
to improve service levels contributed to the results.  For the nine
months ending Sept. 29, 2018, Bracing and Vascular net sales were
$375.9 million, a slight decline of 0.1% from the first nine months
of 2017, or $367.6 million with the adoption of ASC 606.

Earnings Results

Operating income was $19.9 million in the quarter compared to $21.8
million in the prior year period.  For the nine months ending Sept.
29, 2018, operating income was $89.1 million compared to $37.5
million in the prior year period, an increase of 138.0%. Net loss
attributable to DJOFL was $29.5 million in the quarter compared to
$22.7 million in the prior year period.  For the nine months ended
Sept. 29, net loss was $60.8 million compared to $97.0 million in
the nine months ended Sept. 30, 2017.

Adjusted EBITDA for the third quarter was $72.2 million, an
increase of 8.1% from the prior year period, or 7.5% based on
constant currency rates.  For the nine months ended Sept. 29, 2018,
Adjusted EBITDA was $212.7 million, up 13.3% from the prior year,
or 12.0% on a constant currency basis.  Including projected future
run-rate savings of $20.6 million from cost savings programs
currently underway as permitted under our credit agreement and the
indentures governing our outstanding notes, Adjusted EBITDA for the
twelve months ended Sept. 29, 2018 was $313.8 million.

Net cash provided by continuing operating activities was $51.2
million for the nine months ended Sept. 29, 2018 compared to $61.7
million for the nine months ended Sept. 30, 2017.  The change in
cash flow was primarily attributable to higher inventory balances
to allow for the modernization and consolidation of distribution
facilities as part of the Company's transformation initiatives, and
to the payment in 2018 of certain non-recurring costs accrued in
2017 offset by the reduced net loss recognized during the period.

The Company defines Adjusted EBITDA as net (loss) income
attributable to DJOFL plus net interest expense, income tax
provision (benefit), and depreciation and amortization, further
adjusted for certain non-cash items, non-recurring items and other
adjustment items as permitted in calculating covenant compliance
under the Company's secured term loan and revolving credit
facilities and the indentures governing its 8.125% second lien
notes and its 10.75% third lien notes.

A full-text copy of the Form 10-Q is available for free at:

                       https://is.gd/15vAxS

                        About DJO Finance

Vista, California-based DJO Finance LLC --
http://www.DJOglobal.com/-- is a global developer, manufacturer
and distributor of medical devices with a broad range of products
used for rehabilitation, pain management and physical therapy.  The
Company's products address the continuum of patient care from
injury prevention to rehabilitation after surgery, injury or from
degenerative disease, enabling people to regain or maintain their
natural motion.

DJO Finance reported a net loss of $35.09 million in 2017 compared
to a net loss of $285.7 million in 2016.  As of June 30, 2018, the
Company had $2.02 billion in total assets, $2.84 billion in total
liabilities and a total deficit of $824.15 million.

                           *    *    *

In April 2018, Moody's Investors Service affirmed its 'Caa1'
Corporate Family Rating of DJO Finance LLC.  The affirmation of
DJO's 'Caa1' CFR reflects that, while the company's overall
liquidity profile has improved, the company remains highly
leveraged with debt/EBITDA in excess of 9.0x.  Further, the company
faces significant refinancing risk as the majority of its debt
comes due in 2020.


DOWLING COLLEGE: Plan Confirmation Hearing Set for Dec. 17
----------------------------------------------------------
Bankruptcy Judge Robert E. Grossman approved Dowling College's
modified first amended disclosure statement for its first amended
plan of reorganization.

The Confirmation Hearing will be held before the Honorable Robert
E. Grossman, United States Bankruptcy Judge, at the United States
Bankruptcy Court for the Eastern District of New York, Alfonse M.
D'Amato Federal Courthouse, 290 Federal Plaza, Courtroom 860,
Central Islip, New York 11722, on Dec. 17, 2018 at 1:30 p.m.
(prevailing Eastern time), as such date may be continued or
adjourned by the Court.

Written objections to the plan must be filed and served no later
than Dec. 10, 2018 at 4:00 p.m. (prevailing Eastern time).

Under the first amended plan, each Holder of an Allowed General
Unsecured Claim will receive one or more distributions from the
Unsecured Creditor Trust, on a pro rata basis, up to one 100% of
such Allowed General Unsecured Claim. Distributions to holders of
Class 7 General Unsecured Claims will be made solely from the
Unsecured Creditor Trust from Unsecured Creditor Trust Assets, and
neither the Debtor nor ACA or the Prepetition Bond Trustees will
have any responsibility to pay any portion of any Allowed General
Unsecured Claim.

As of the filing of this Disclosure Statement, approximately 630
parties have filed or otherwise hold scheduled Class 7 Claims in
the aggregate amount of approximately $35 million. The Debtor
estimates that after reconciliation of such claims is complete and
either negotiations or objections are concluded, the aggregate
amount of Class 7 Claims will be between approximately $16 million
and $20 million, excluding Deficiency Claims which total
approximately $26.4 million.

A copy of the First Amended Disclosure Statement is available for
free at:

     http://bankrupt.com/misc/nyeb8-16-75545-641.pdf

                About Dowling College

Dowling College was founded in 1955 as part of Adelphi College's
outreach to Suffolk County, New York. Dowling College became the
first four-year, degree-granting liberal arts institution in the
county. It purchased the former W.K. Vanderbilt estate in Oakdale
in 1962.

Dowling College sought Chapter 11 bankruptcy protection (Bankr.
E.D.N.Y. Case No. 16-75545) on Nov. 30, 2016, estimating assets of
$100 million to $500 million and debt of less than $100 million.

The Debtor tapped Klestadt Winters Jureller Southard & Stevens,
LLP, as bankruptcy counsel; Ingerman Smith, LLP and Smith &
Downey, PA, as special counsel; Robert Rosenfeld of RSR Consulting,
LLC,
as chief restructuring officer; and Garden City Group, LLC, as
claims
and noticing agent.  The Debtor has also hired FPM Group, Ltd., as
consultants; Eichen & Dimeglio, PC, as accountants; A&G Realty
Partners, LLC and Madison Hawk Partners, LLC, as real estate
advisors; and Hilco Streambank and Douglas Elliman serve as
brokers.

Judge Robert E. Grossman presides over the Debtor's bankruptcy
case.

The Office of the U.S. Trustee on Dec. 9, 2016, appointed three
creditors of Dowling College to serve on an official committee of
unsecured creditors.  The Committee retained SilvermanAcampora LLP
as its counsel.


DPW HOLDINGS: Amends Report on $50 Million Purchase Order
---------------------------------------------------------
DPW Holdings, Inc., has filed with the Securities and Exchange
Commission an amendment No. 1 on Form 8-K/A to its Current Report
on Form 8-K (then known as Digital Power Corporation) originally
filed with the SEC on March 20, 2017.  Its sole purpose is to
include the Purchase Order as an exhibit hereto, including its
related "MTIX Limited Purchase Order Terms and Conditions" which is
attached to the Purchase Order.

On March 14, 2017, Digital Power Corporation and MTIX Ltd. entered
into a three year, US$50 million purchase order to manufacture,
install and service fabric treatment machines that utilize MTIX’s
proprietary Multiplexed Laser Surface Enhancement (MLSE) system.

The purchase order calls for a number of fabric treatment machines
to be assembled over a three year period.  The first two machines
are to be installed by the end of Dec. 31, 2017 with the number of
machines to be assembled increasing each year and due by the end of
August for each calendar year 2018 and 2019.

The first two machines calls for the assembly of the machines for
costs plus a fixed fee due to the Company.  Thereafter, the
purchase order calls for the machines to purchased for a fix price,
subject to changes under certain conditions.

The purchase order contains customary terms and conditions
regarding payment milestones, quality control, warranties, and
delivery requirements.  Further, as customary in purchase orders,
the purchase order may be cancelled by MTIX at anytime, subject to
payments to the Company for time and material costs incurred to
date and cancellation fees.

The full-text copy of the Purchase Order is available for free at:

                         https://is.gd/eOjN9r

                         About DPW Holdings

Headquartered in Fremont, California, DPW Holdings, Inc., formerly
known as Digital Power Corp. -- http://www.DPWHoldings.com/-- is a
diversified holding company that, through its wholly owned
subsidiary, Coolisys Technologies, Inc., is dedicated to providing
technology-based solutions where innovation is the main driver for
mission-critical applications and lifesaving services.  Through its
wholly owned subsidiaries and strategic investments, the company
provides mission-critical products that support a diverse range of
industries, including defense/aerospace, industrial,
telecommunications, medical, crypto-mining, and textiles.

DPW Holdings incurred a net loss of $10.89 million in 2017
following a net loss of $1.12 million in 2016.  As of June 30,
2018, DPW Holdings had $53.44 million in total assets, $21.90
million in total liabilities and $31.53 million in total
stockholders' equity.

The report from the Company's independent accounting firm Marcum
LLP, in New York, on the consolidated financial statements for the
year ended Dec. 31, 2017, includes an explanatory paragraph stating
that the Company has a significant working capital deficiency, has
incurred significant losses and needs to raise additional funds to
meet its obligations and sustain its operations.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.


ENSTAR GROUP: Fitch Rates New Series E Preference Shares 'BB+'
--------------------------------------------------------------
Fitch Ratings has assigned a 'BB+' rating to Enstar Group Limited's
new issuance of perpetual non-cumulative preference shares, series
E. The new preference shares rank pari passu with Enstar's existing
$400 million series D preference shares issued in June 2018, and
are thus rated equivalent. Net proceeds from this new issue will be
used for general corporate purposes, including funding for
acquisitions, working capital and other business opportunities.

KEY RATING DRIVERS

Under Fitch's rating methodology, the new non-cumulative perpetual
preference shares receive 100% equity credit in evaluating
financial leverage. Fitch considers the preference shares to have
'minimal' non-performance risk with notching set two below the
Issuer Default Rating (IDR) based on 'Poor' recovery expectations,
with no additional notching for non-performance.

Enstar's financial leverage ratio (FLR) was a modest 9.2% at Sept.
30, 2018 and declines to approximately 8.9% to 8.7% pro forma for a
$100 million - $200 million preference share issuance. Enstar's
debt at Sept. 30, 2018 includes $46.5 million outstanding
borrowings under a revolving credit facility and $350 million of
senior notes issued in 2017. Pro forma debt plus preferred equity
to total capital increases to 20.3% - 22.0% from 18.4% at Sept. 30,
2018.

Enstar's operating earnings-based fixed-charge coverage was
favorable, averaging a very strong 12.8x from 2013 to 2017, with
8.2x for 9M18. Fitch expects annual fixed-charge coverage to be at
least a strong 6x - 8x following the preferred share issuance.

The new securities are expected to receive 100% credit in Fitch's
capital adequacy ratio as Tier 2 qualifying regulatory capital by
the Bermuda Monetary Authority.

RATING SENSITIVITIES

Key rating sensitivities that could lead to an upgrade include
maintaining a FLR at or below 20%, fixed-charge coverage of at
least 10.0x, sustained risk-adjusted capital growth with a
capitalization score under Fitch's Prism factor-based model of at
least 'Very Strong' and a net leverage ratio at or below 2.5x.

Any potential future upgrade would likely be limited to one notch,
however, due to the nature of the company's business model in
acquiring large blocks of runoff business, that can materially
alter the company's balance sheet. While this risk has been managed
well to date, it adds potential capital, earnings and
business/exposure mix variability at levels greater than
experienced by most insurance companies operating under more
traditional business models.

Key rating sensitivities that could result in a downgrade include
the following:

  -- Failure to generate continued material levels of favorable
non-life runoff reserve development;

  -- Additional capital needs to support the current runoff
business;

  -- Significant new transaction(s) that Fitch views as materially
increasing the overall risk profile;

  -- Net leverage ratio above 3.5x;

  -- Declines in the financial strength of the active business due
to sizeable underwriting losses or other factors;

  -- FLR approaching 30%; and

  -- Fixed-charge coverage below 5.0x.

Enstar's preference share ratings could also be lowered by one
notch to reflect higher non-performance risk should Fitch view
Bermuda's regulatory environment as becoming more restrictive in
its supervision of (re)insurers with respect to hybrid features.

FULL LIST OF RATING ACTIONS

Fitch assigns the following rating:

Enstar Group Limited

  -- Preference shares, series E 'BB+'.

Fitch currently rates Enstar as follows:

Enstar Group Limited

  -- Long Term Issuer Default Rating 'BBB'; Rating Outlook:
Positive;

  -- $400 million 7.0% fixed-to-floating rate preference shares,
series D 'BB+';

  -- $350 million 4.5% senior unsecured notes due 2022 'BBB-';

  -- Senior shelf registration 'BBB-'.


ENSTAR GROUP: S&P Assigns BB+ Rating on Series E Preferred Shares
-----------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB+' issue-level rating to
Enstar Group Ltd.'s (BBB/Stable/--) fixed-rate series E
non-cumulative perpetual preferred shares.

The rating on the preferred shares is linked to the issuer credit
rating on Enstar but is two notches lower to reflect the issue's
subordination and the dividend-deferral features. The company
anticipates using the net proceeds from this offering for general
corporate purposes, including funding prospective growth
opportunities, working capital, and other business opportunities.
Therefore, S&P expects this issuance to have a modest impact on pro
forma financial metrics, with financial leverage expected to remain
less than 25% and fixed-charge coverage above 8x over the next 24
months.

Enstar can redeem the preferred shares after five years, subject to
certain conditions. In addition, it may call for an early
redemption before the first call date under some circumstances like
corporate, regulatory and legal events, rating agency, or tax
events. However, S&P considers the preference shares issued to be a
permanent part of Enstar's capital structure. As the preference
shares are noncumulative in nature, Enstar does not have any
obligation to pay deferred dividends. The preference shares are
subordinated to existing and new senior notes as well as to the
policyholders' claims of its insurance subsidiaries. At the same
time, they rank pari passu with the existing series D
non-cumulative perpetual preference shares.In addition, this
issuance will receive Tier 2 capital credit under the relevant
rules of the Bermuda Monetary Authority. S&P thus expects to
classify the preferred shares as having intermediate equity content
under its hybrid capital criteria.

  RATINGS LIST
  Enstar Group Ltd.
   Issuer credit rating                          BBB/Stable/--

  Ratings Assigned
  Fixed-rate, series E
   non-cumulative perpetual preferred shares     BB+



ERNEST VICKNAIR: Freemin Buying Thibodaux Property for $30K
-----------------------------------------------------------
Patrick J. Gros, the Disbursing Agent of Ernest A. Vicknair, Jr.,
asks the U.S. Bankruptcy Court for the Eastern District of
Louisiana to authorize the sale of the real property located at 404
West 3rd Street, Thibodaux, Louisiana to Freemin Brothers Rental
for $30,000.

Article V of the Debtor's Plan of Reorganization provides, in
relevant part, that the Disbursing Agent is to market and sell the
non-exempt assets of the Debtor's estate identified on Exhibit 2 to
the Plan including the West 3rd Property, and is authorized to
retain appropriate professionals to carry out his duties under the
Plan.

The Plan provides, in relevant part, with respect to the treatment
of the Class 4 of Mississippi River Bank as follows:  In the event
the net proceeds from the sale of the US Gold Coin Collection are
not sufficient to pay Mississippi River Bank in full, Mississippi
River Bank will receive the net proceeds from the sale of its
remaining collateral, which includes the 154 acres located near
9515 Peterson Rd, St. Francisville, LA 70775 and West 3rd Property,
until Mississippi River Bank is paid in full.  The assets to be
sold will be sold free and clear of all liens, encumbrances, and
interests, including the security interest of Mississippi River
Bank.  Upon receipt of the full amount due to Mississippi River
Bank, Mississippi River Bank will execute and record/file all
documents necessary to release all collateral securing the secured
claim of Mississippi River Bank.

Although the Plan only references the West 3rd Property,
identifying it as "Immovable Property To Be Sold," a review of the
mortgage records of Lafourche Parish indicates that Mississippi
River Bank holds a first mortgage on the immovable properties
encompassing both 404 and 406 West 3rd Street, by virtue of a Nov.
19, 2014 Act of Assignment and Notarial Endorsement of Promissory
Note and Collateral by Synergy Bank to Mississippi River Bank.

On Sept. 10, 2018, the Disbursing Agent filed the Supplemental
Application for Authority to Employ Realtor Nunc Pro Tunc to Aug.
1, 2018 asking authority to employ Kathy Neugent as realtor for
purposes of listing the West 3rd Property for sale.  The Order
granted that Supplemental Application to employ Ms. Neugent on Oct.
3, 2018.

The West 3rd Property was appraised in December 2017 at $25,000 and
listed by the Disbursing Agent for sale for $30,000.  Pursuant to
the Purchase Agreement, the Disbursing Agent accepted an offer from
the Purchaser for the West 3rd Property in the amount of $30,000,
free and clear of liens, claims, and interests, with liens, claims,
and interests attaching to the proceeds.

If the proposed sale is approved by the Court, Ms. Neugent as
realtor would be entitled to a 6% commission on the sale, or
$1,800, pursuant to the terms of the Oct. 3, 2018 Order of the
Court.

The Disbursing Agent proposes and asks authority to disburse the
net proceeds of the sale of the West 3rd Property to Mississippi
River Bank pursuant to the terms of the Plan and the fact that
Mississippi River Bank is the sole lienholder on the West 3rd
Property.

The net proceeds of the Sale will be calculated by taking the gross
amount of each Sale indicated above and deducting all usual and
customary closing costs, the realtor's commission due and payable,
and the pro rata share of each Sale's portion of the Quarterly Fee
due to the Office of the United States Trustee based upon the total
gross amount of the Sale.  Specifically, the Disbursing Agent will
receive from the Sale of the West 3rd Property a total of $650
toward the payment of the applicable Quarterly Fee.

Finally, the Disbursing Agent asks the Court to waive the 14-day
stay imposed under Bankruptcy Rule 6004(h).

A copy of the Contract attached to the Motion is available for free
at:

   http://bankrupt.com/misc/Ernest_Vicknair_417_Sales.pdf   

The Creditor:

          MISSISSIPPI RIVER BANK
          8435 Hwy 23
          Belle Chasse, LA 70037

Ernest A. Vicknair, Jr., sought Chapter 11 protection (Bankr. E.D.
La. Case No. 17-11059) on April 27, 2017.  The Debtor tapped Eric
J. Derbes, Esq., at The Derbes Law Firm, LLC, as counsel.

On April 9, 2018, the Court confirmed the Debtor's Plan of
Reorganization as of Dec. 4, 2017 with Immaterial Modifications as
of Feb. 28, 2018, recognizing and appointing Patrick J. Gros as the
Disbursing Agent.


EVANGELICAL HOMES: Fitch Affirms BB+ Rating on 2013 Revenue Bonds
-----------------------------------------------------------------
Fitch Ratings has affirmed the 'BB+' ratings on the following
revenue bonds issued by the Michigan Strategic Fund and Economic
Development Corporation of the City of Saline on behalf of the
Evangelical Homes of Michigan Obligated Group:

  -- $23,910,000 Michigan Strategic Fund, series 2013;

  -- $10,470,000 Economic Development Corporation of the City of
Saline (MI), series 2013.

The Rating Outlook is Stable.

SECURITY

The bonds are secured by a pledge of unrestricted receivables of
the Obligated Group, a mortgage on the revenue-generating property
and structures on the three campuses, and two separate debt service
reserve funds.

KEY RATING DRIVERS

STABLE OPERATING PROFILE: The service area is generally favorable
and demand is stable. While there are senior living competitors in
Washtenaw County, EHM OG operates the only rental community
full-service CCRC around Saline, MI. Occupancy remains well above
90%.

MIXED FINANCIAL PROFILE: Liquidity ratios are mixed, with modest
cash on hand of 95 days at fiscal year-end 2018 (125 days at
unaudited July 31, 2018). It is common for rental-oriented CCRCs to
have thinner days cash. Cash-to-debt at 35% at fiscal year-end 2018
is more in-line with below investment-grade peers, as are EMH OG's
operating ratio and net operating margin (NOM). Maximum annual debt
service (MADS) coverage - revenue only of 1.0x in fiscal 2018 is
also adequate for a non-investment-grade CCRC.

SOUND LONG-TERM LIABILITY PROFILE: EHM OG's debt burden is
favorably low as MADS as a percentage of revenue measured 4.9% in
fiscal 2018, well below the non-investment-grade median. Debt
equivalents are manageable. Debt-to-net available, however,
measured a high 16.3x in fiscal 2018.

RATING SENSITIVITIES

LIQUIDITY PROFILE: Weaker liquidity metrics could pressure EHM OG's
rating, particularly if compounded by more volatile occupancy and
lower profitability. Conversely, if EHM OG sustains a favorable
operating ratio and improves liquidity materially, upward rating
movement may be warranted.

CREDIT PROFILE

Headquartered in Farmington, MI, the EHM OG operates a skilled
nursing facility (SNF), a rehabilitation center (the Redies
Center), and a rental contract retirement community (Brecon
Village), all in Saline, MI. Additional operations include home
care and home support, senior housing, hospice care and memory
support services in southeastern Michigan. The EHM OG operated an
additional SNF in Sterling Heights, but that property was sold
during the fourth quarter of fiscal 2018.

EHM Senior Solutions (the consolidated system of which EHM OG is
the primary member) also includes non-obligated entities, namely
LifeChoice Solutions. LifeChoice operates the only functioning
"CCRC at home" model in Michigan.

Obligated group performance is cited throughout this press release.
EHM OG's total operating revenue measured just over $50 million in
fiscal 2018.

STABLE OPERATING PROFILE

The service area around Saline, MI is stable and the broader
Washtenaw County area is favorable, leading to Fitch's expectation
that demand for EHM OG's services will remain robust. Population
growth and median household incomes in Washtenaw County exceed the
state and U.S. averages and the unemployment rate in the county is
below average.

As a rental property, EHM OG is less dependent on local housing
trends. Nevertheless, according to Zillow, the median home values
in Saline and Ann Arbor are roughly $270,000 and $360,000,
respectively, both of which exceed the U.S. average. Zillow's
one-year home value price forecast for Saline and Ann Arbor are
nearly 8% and over 5%, respectively.

While competition is present, EHM OG's Brecon Village is the only
rental-based non-entrance fee full service senior living community
around Saline. There are service line competitors, with independent
living (IL) facilities and SNFs in the market. The only other
full-service CCRC is Glacier Hills, which operates an entrance fee
model facility in Ann Arbor. EHM OG's occupancy rates remain well
above 90% for IL, assisted living (AL), and SNF.

MIXED FINANCIAL PROFILE

Operating metrics are somewhat mixed as EHM OG generally records a
favorable operating ratio of near or below 100%. The operating
ratio was 100.3% in fiscal 2018 and averaged 98.6% between fiscal
2014 and fiscal 2018 (below investment-grade median is 101.6%).
Likewise, EHM OG's NOM measured 3.2% in fiscal 2018 and averaged
4.7% between fiscal 2014 and fiscal 2018 (the below
investment-grade median is 5.1%). Even after the sale of Sterling
Heights, SNF services account for over 60% of EHM OG's operating
revenues, which limits upside profitability potential compared to
organizations that have a higher share of AL units.

Management is implementing expense savings efforts in fiscal 2019
and the new Redies outpatient center is expected to open later in
November 2018, both of which are expected to drive improved
profitability. Failure to sustain an operating ratio reasonably
in-line with below investment-grade peers could pressure the
rating.

Liquidity ratios are mixed with modest cash on hand of 95 days at
audited fiscal year-end 2018 (April 30 year end) (125 days at
unaudited July 31, 2018), which lags the non-investment-grade
median of 292 days. Fitch notes that rental-oriented senior living
communities tend to have much more modest days cash than
communities with material entrance fees. More favorably,
cash-to-debt at 35% at fiscal year-end 2018 is in-line with the
non-investment-grade median of 32%.

MADS coverage of 0.9x in fiscal 2018 is just below the below
investment-grade median of 1.3x, but MADS coverage - revenue only
of 1.0x is comparatively more favorable (the below investment-grade
median is 0.8x).

Routine capital spending in the coming years is manageable, with
approximately $1.5 million-$2.0 million targeted per year. EHM OG's
average age of plant measured 10.4 years at fiscal year-end 2018.

EHM Senior Solutions is still evaluating its options regarding the
31 acre site that it acquired in Farmington Hills, MI. While scope,
timing, phasing and financing/fundraising for the project are yet
to be determined, a development similar to Brecon Village may be
considered. The project is likely to be outside the EHM OG
obligated group. Fitch has not considered this project in the
formal rating at this time given the wide potential range of scope
and cost.

SOUND LONG-TERM LIABILITY PROFILE

EHM OG's debt burden is favorable for the sector. MADS as a
percentage of revenue measured 4.9% in fiscal 2018, well below the
non-investment-grade median of 16.5%. Debt-to-net available,
however, measured a high 16.3x in fiscal 2018.

Debt equivalents are manageable. EHM Senior Solutions has a defined
benefit (DB) pension plan. The DB plan was frozen in 2003. While
the plan was only 31% funded at fiscal year-end 2018, the absolute
values of the projected benefit obligation (PBO) ($10.3 million)
and underfunded status ($7.0 million) are manageable, especially
considering the system's operating leases are not burdensome
(operating lease expense was just over $120,000 in fiscal 2018).


EXCO RESOURCES: Plan Confirmation Hearing Set for Dec. 10
---------------------------------------------------------
Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas approved the disclosure statement explaining EXCO
Resources, Inc. and its debtor affiliates' plan of reorganization
and will consider confirmation of the Plan on Dec. 10, 2018, at
9:00 a.m., Prevailing Central Time, at 515 Rusk Street in Houston,
Texas.  Objections to the confirmation of the Debtors' Plan, if
any, are due no later than 4:00 p.m., Prevailing Central Time, on
Dec. 3, 2018.

Deadline to vote to accept or reject the Debtors' Plan is on Dec.
6, 2018, at 4:00 p.m., Prevailing Central Time.

Plan supplement deadline is scheduled on November 26, 2018.

December 3, 2018, at 4:00 P.M. is the deadline for filing of
objections to the confirmation of the plan or requests for
modification to the plan; while, December 7 is the schedule for the
confirmation objection response deadline.

Likewise, the confirmation brief deadline will be on December 7.

Pursuant to the Plan, Class 1, composed of Other Secured Claims,
are any Secured Claim against any of the Debtors other than (a) 1.5
Lien Notes Claims, classified under Class 3, (b) 1.75 Lien Term
Loan Facility Claims classified under Class 4, and (c) Second Lien
Term Loan Facility Claims, classified under Class 5. The Debtors
assume the balance for the allowed Other Secured Claims will total
$3 million, with 100% projected recovery under the Plan.

The 1.5 Lien Notes Claims are allowed in an amount equal to $324.1
million, while 1.75 Lien Term Loan Facility Claims and Second Lien
Term Loan Facility Claims are allowed in an amount equal to $742.2
million and $18.5 million, respectively.

Overall, the secured claims under Classes 1, 3, 4, and 5 amount to
$1,087,724.00

The Unsecured Notes Claims are allowed in an amount equal to $206.5
million. This includes estimated Claim amounts for the 2018
Unsecured Notes and the 2022 Unsecured Notes.

A full-text copy of the Disclosure Statement is available at:

        http://bankrupt.com/misc/txsb18-30155-1233.pdf

                   About EXCO Resources

EXCO Resources, Inc. (otc pink:XCOO) --
http://www.excoresources.com/-- is an oil and natural gas
exploration, exploitation, acquisition, development and production
company headquartered in Dallas, Texas, with principal operations
in Texas, North Louisiana and the Appalachia region.  EXCO's
headquarters are located at 12377 Merit Drive, Suite 1700, Dallas,
Texas.

EXCO Resources, Inc., and 14 of its affiliates sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 18-30155) on Jan. 15,
2018.  EXCO disclosed total assets of $829.1 million and total debt
of $1.355 billion as of Sept. 30, 2017.

The Debtors' cases have been assigned to the Honorable Marvin
Isgur.

The Debtors tapped Gardere Wynee Sewell LLP, and Kirkland & Ellis
LLP, as bankruptcy counsel; PJT Partners LP as financial advisor;
Alvarez & Marsal North America, LLC, as restructuring advisor; and
Epiq Bankruptcy Solutions, LLC, as claims agent.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors.  The committee is represented by lawyers at
Jackson Walker LLP and Brown Rudnick LLP.  Intrepid Partners LLC
and Jefferies LLC serve as the committee's investment bankers.


FC GLOBAL: Plans to Convert State of Incorporation Into Maryland
----------------------------------------------------------------
The board of directors of FC Global Realty Incorporated adopted a
plan of conversion on Nov. 8, 2018, to change FC Global's state of
incorporation from Nevada to Maryland by way of a conversion of FC
Global into a Maryland corporation to be named Gadsden Properties,
Inc., pursuant to Section 92A.105 of the Nevada Revised Statutes
and Section 3-901 of the Maryland General Corporation Law. Pursuant
to the Plan of Conversion, the issued and outstanding shares of FC
Global's common stock will automatically be converted into the same
number of shares of GPI's common stock.  In addition, all options,
rights or warrants to purchase shares of FC Global's common stock
outstanding immediately prior to the conversion will thereafter
entitle the holder to purchase a like number of shares of GPI's
common stock on the same terms without any action on the part of
the holder.  FC Global's business, directors and management will
continue to be the same as immediately before the Conversion.

Completion of the Conversion is subject to a number of conditions,
including (i) approval of the Plan of Conversion by the affirmative
vote of holders of at least a majority of the issued and
outstanding shares of FC Global's voting stock and (ii) the filing
and effectiveness of a registration statement on Form S-4 with the
Securities and Exchange Commission -- https://is.gd/PTRBfp -- in
connection with the offer and issuance of GPI's securities to be
issued pursuant to the Conversion.  FC Global plans to complete the
Conversion immediately prior to the Merger.

                         Merger Agreement

On Nov. 8, 2018, FC Global entered into an agreement and plan of
merger with FC Merger Sub, Inc., a Maryland corporation and wholly
owned subsidiary of FC Global ("FC Merger Sub"), Gadsden Growth
Properties, Inc., a Maryland corporation and Gadsden Growth
Properties, L.P., a Delaware limited partnership, pursuant to
which, subject to the terms and conditions of the Merger Agreement,
FC Merger Sub will merge with and into Gadsden, with Gadsden
surviving the merger as a wholly owned subsidiary of FC Global,
which will have been converted into GPI.  The board of directors of
FC Global, FC Merger Sub and Gadsden, respectively, have
unanimously approved the Merger Agreement and the Merger.

Pursuant to the Merger Agreement, at the effective time of the
Merger, shares of each class of Gadsden stock issued and
outstanding immediately prior to the Effective Time will be
automatically converted into the equivalent class of GPI stock.
Each share of Gadsden common stock will be automatically converted
into 21.529 shares of GPI common stock, each share of Gadsden 7%
Series A Cumulative Convertible Perpetual Preferred Stock will be
automatically converted into 1 share of GPI 7% Series A Cumulative
Convertible Perpetual Preferred Stock (with rights of equal tenor
to the Gadsden 7% Series A Cumulative Convertible Perpetual
Preferred Stock), each share of Gadsden Series B Non-Voting
Convertible Preferred Stock will be automatically converted into 1
share of GPI Series B Non-Voting Convertible Preferred Stock (with
rights of equal tenor to the Gadsden Series B Non-Voting
Convertible Preferred Stock), and each share of Gadsden Series C
Participating Convertible Preferred Stock will be automatically
converted into 1 share of GPI Series C Participating Convertible
Preferred Stock (with rights of equal tenor to the Gadsden Series C
Participating Convertible Preferred Stock), each subject to certain
adjustments to be made at the Effective Time as more fully
described in the Merger Agreement (the shares of GPI stock issuable
in connection with the Merger is referred to as the "Merger
Consideration").  Following the Merger, all shares of GPI Series B
Non-Voting Convertible Preferred Stock issued in the Merger will be
automatically converted into shares of GPI common stock in
accordance with the automatic conversion provision of the GPI
Series B Non-Voting Convertible Preferred Stock.  It is expected
that, immediately after completion of the Merger, the former
stockholders of Gadsden will own up to approximately 94% of the
outstanding GPI common stock (on a fully-diluted basis), subject to
adjustment as provided for in the Merger Agreement.

The Merger Agreement contains customary representations and
warranties of FC Global, FC Merger Sub, Gadsden and the Operating
Partnership relating to their respective businesses, in each case
generally subject to materiality and "Material Adverse Effect"
qualifiers.  Additionally, the Merger Agreement provides for
customary pre-closing covenants of the parties, including a
covenant to conduct their respective businesses in the usual,
regular and ordinary course substantially consistent with past
practice and to refrain from taking certain actions without the
other parties' consent.  The parties have also agreed not to
solicit proposals relating to specified "Competing Transactions"
or, subject to certain exceptions relating to the receipt of
unsolicited offers that may be deemed to be "Superior Competing
Transaction" (as defined in the Merger Agreement), enter into
discussions concerning or provide information in connection with
Competing Transactions.

Consummation of the Merger is subject to various conditions,
including, among others, customary conditions relating to:

   * adoption of the Merger Agreement by the vote of Gadsden's
     stockholders holding two-thirds of the outstanding shares of
     Gadsden common stock and Gadsden 7% Series A Cumulative
     Convertible Perpetual Preferred Stock entitled to vote
     thereon (on an as-converted basis) and the approval of the
     issuance of GPI stock in connection with the Merger by a
     majority of votes cast by FC Global's stockholders;

   * effectiveness of a registration statement on Form S-4 that
     will include a joint proxy statement of FC Global and Gadsden
     and that will also constitute a prospectus of GPI;

   * absence of injunction by any court or other tribunal of
     competent jurisdiction and absence of law that prevents,
     enjoins, prohibits or makes illegal the consummation of the
     Merger;

   * receipt of all consents, approvals and authorizations legally

     required to be obtained to consummate the Merger; and

   * receipt of customary legal opinions from counsel to FC Global
     and Gadsden.  

In addition, FC Global must have completed all actions required by
that certain remediation agreement, dated Sept. 24, 2018, by and
among FC Global, Opportunity Fund I-SS, LLC, and Dr. Dolev Rafaeli,
Dennis M. McGrath and Dr. Yoav Ben-Dror.  The obligation of each
party to consummate the Merger is also conditioned upon the other
party's representations and warranties being true and correct
(subject to certain materiality exceptions), the other party having
performed in all material respects its obligations under the Merger
Agreement, and the absence of a material adverse effect on each
party.

In addition, the obligation of Gadsden and the Operating
Partnership to complete the Merger is subject to the satisfaction
(or waiver, to the extent permitted by applicable law) of the
following conditions: Gadsden shall have agreed with FC Global
regarding the calculation of Closing NAV (as defined in the Merger
Agreement) and Closing NAV of FC Global shall not be less than $7.5
million; Gadsden shall be satisfied with the results of its due
diligence investigation of FC Global and its subsidiaries; the
stockholders of FC Global that constitute at least 70% of the total
voting power of FC Global shall have approved the Conversion and
the Stock Issuance; FC Global shall have, on a consolidated basis,
not less than $1.5 million of unrestricted cash; and FC Global
shall have received a letter of resignation from each member of its
board of directors, other than the directors who are to be members
of the board after the Merger. The obligation of FC Global to
complete the Merger is also subject to the satisfaction (or waiver,
to the extent permitted by applicable law) of the following
condition: FC Global shall have agreed with Gadsden regarding the
calculation of Closing NAV and Closing NAV of Gadsden shall not be
less than $80 million.

The Merger Agreement may be terminated at any time prior to the
completion of the Merger, whether before or after FC Global
Stockholder Approval or Gadsden Stockholder Approval, in any of the
following ways: (i) by mutual written consent of FC Global and
Gadsden; (ii) by either Gadsden or FC Global if the Merger shall
not have occurred on or prior to March 31, 2019; provided, that a
party that has materially failed to comply with any obligation of
such party set forth the Merger Agreement shall not be entitled to
exercise its right to terminate; (iii) by Gadsden upon a breach of
any representation, warranty, covenant or agreement on the part of
FC Global or FC Merger Sub set forth in the Merger Agreement, or if
there shall have been a Gadsden material adverse effect or if the
Joint Proxy Statement/Prospectus is not declared effective by the
SEC on or prior to Dec. 28, 2018; (iv) by FC Global upon a breach
of any representation, warranty, covenant or agreement on the part
of Gadsden or the Operating Partnership set forth in the Merger
Agreement, or if there shall have been a FC Global material adverse
effect; (v) by either Gadsden or FC Global if any order by any
governmental entity of competent authority preventing the
consummation of the Merger shall have become final and
nonappealable; (vi) by either Gadsden or FC Global if either FC
Global Stockholder Approval or the Gadsden Stockholder approval
shall not have been obtained; (vii) by either Gadsden or FC Global
prior to obtaining the Gadsden Stockholder Approval or FC Global
Stockholder Approval if Gadsden or FC Global has delivered a notice
of a Superior Competing Transaction (provided that for the
termination to be effective, such party shall have paid the
applicable termination fee); (viii) by Gadsden if (a) FC Global's
board of directors shall have withdrawn, qualified or modified in a
manner adverse to Gadsden its recommendation to approve the Stock
Issuance, or shall recommend that FC Global's stockholders approve
or accept a Competing Transaction, or if FC Global shall have
delivered a notice of a Superior Competing Transaction or shall
have publicly announced a decision to take any such action, or (b)
FC Global shall have knowingly and materially breached its
obligation under the Merger Agreement to call or hold its
stockholder meeting or to cause the Joint Proxy
Statement/Prospectus to be mailed to its stockholders in advance of
the meeting (it being agreed that Gadsden shall not have any right
to terminate unless Gadsden shall have satisfied its obligations in
connection with the Joint Proxy Statement/Prospectus and shall have
provided all information and other materials required in connection
therewith, and further agreed that Gadsden shall not have any right
to terminate as a result of FC Global's failure to act as soon as
practicable (or to satisfy similar obligations), as a result of any
delay as a result of the SEC review process, or as a result of the
need to take actions to comply with the federal securities laws);
or (ix) By FC Global if (a) Gadsden's board of directors shall have
withdrawn, qualified or modified in a manner adverse FC Global its
recommendation to approve the Merger Agreement, or shall recommend
that Gadsden's stockholders approve or accept a Competing
Transaction, or if Gadsden shall have delivered a notice of a
Superior Competing Transaction or shall have publicly announced a
decision to take any such action, or (b) Gadsden shall have
knowingly and materially breached its obligation under the Merger
Agreement to call or hold its stockholder meeting or to cause the
Joint Proxy Statement/Prospectus to be mailed to its stockholders
in advance of the meeting (it being agreed that FC Global shall not
have any right to terminate unless FC Global shall have satisfied
its obligations in connection with the Joint Proxy
Statement/Prospectus and shall have provided all information and
other materials required in connection therewith, and further
agreed FC Global shall not have any right to terminate as a result
of Gadsden's failure to act as soon as practicable (or to satisfy
similar obligations), as a result of any delay as a result of the
SEC review process, or as a result of the need to take actions to
comply with the federal securities laws).

Gadsden is required to pay a termination fee of $200,000 if the
Merger Agreement is terminated: by Gadsden at any time prior to the
receipt of Gadsden Stockholder Approval upon delivery of a notice
of a Superior Competing Transaction; by FC Global upon any of the
events described in subsection (ix) of the preceding paragraph; or
by FC Global if Gadsden Stockholder Approval shall not have been
obtained and (i) prior to such termination, a person has made any
bona fide written proposal relating to a Competing Transaction
which has been publicly announced prior to the Gadsden’s
stockholder meeting and (ii) within twelve months of any such
termination, Gadsden or any subsidiary of Gadsden shall consummate
a Competing Transaction, or enter into a written agreement with
respect to a Competing Transaction that is ultimately consummated
with any person.

FC Global is required to pay a termination fee of $250,000 if the
Merger Agreement is terminated: by FC Global at any time prior to
the receipt of FC Global Stockholder Approval upon delivery of a
notice of a Superior Competing Transaction; by Gadsden upon any of
the events described in subsection (viii) of the paragraph above
regarding termination; by Gadsden, upon a breach of certain
representations, warranties, covenants or agreements on the part of
FC Global or FC Merger Sub set forth in Merger Agreement; or by
Gadsden if FC Global Stockholder Approval shall not have been
obtained and (i) prior to such termination, a person has made any
bona fide written proposal relating to a Competing Transaction
which has been publicly announced prior to FC Global’s
stockholder meeting and (ii) within twelve months of any such
termination, FC Global or any subsidiary of FC Global shall
consummate a Competing Transaction, or enter into a written
agreement with respect to a Competing Transaction that is
ultimately consummated with any person.

If the Merger Agreement is validly terminated, the Merger Agreement
will terminate (except that the confidentiality agreement between
Gadsden and FC Global, and the provisions described Section 5.2
(Access to Information; Confidentiality and Confidentiality
Agreement), Section 7.1 (Termination), Section 7.2 (Break-Up Fees
and Expenses), Section 7.3 (Effect of Termination) and Article VIII
(Survival of Representations and Warranties, Indemnification) and
Article IX (General Provisions) of the Merger Agreement, which
provisions shall survive such termination), and there will be no
other liability on the part of either party to the other except for
the termination fees and expenses described above; provided, that
no party will be relieved from liability for fraud or a willful
breach, or FC Global's failure to pay the Merger Consideration upon
satisfaction of the conditions to closing set forth in the Merger
Agreement, in which case the aggrieved party will be entitled to
all rights and remedies available at law or in equity.

Voting Agreement

Concurrently with the execution of the Merger Agreement, FC Global
and Gadsden entered into a voting agreement with each company's
executive officers and directors and certain significant
stockholders of each company.  FC Global's common stock
beneficially owned by the Voting Agreement Stockholders subject to
the Voting Agreement constituted approximately 26.1% of the total
issued and outstanding FC Global's common stock as of Nov. 6, 2018.
The Gadsden common stock and Gadsden 7% Series A Cumulative
Convertible Perpetual Preferred Stock beneficially owned by the
Voting Agreement Stockholders subject to the Voting Agreement
constituted approximately 62.7% of the total issued and outstanding
Gadsden common stock (on an as-converted basis) as of Nov. 6,
2018.

Pursuant to the Voting Agreement, each Voting Agreement Stockholder
irrevocably and unconditionally agreed that at any meeting (whether
annual or special and each postponement, recess, adjournment or
continuation thereof) of Gadsden stockholders or FC Global
stockholders, such Voting Agreement Stockholder shall (i) appear at
such meeting or otherwise cause all of his or her Gadsden stock or
FC Global common stock, as applicable, as of the date of the Voting
Agreement, and all other Gadsden stock or FC Global common stock,
as applicable, over which he or she has acquired beneficial or
record ownership and the power to vote or direct the voting thereof
after the date of the Voting Agreement and prior to the applicable
record date to be counted as present thereat for purposes of
calculating a quorum and (ii) vote or cause to be voted all of his
or her Voting Shares in favor of (a) the adoption of the Merger
Agreement (in the case of Gadsden Voting Agreement Stockholders),
(b) the adoption of the Conversion and Stock Issuance (in the case
of FC Global Voting Agreement Stockholders) and (c) any proposal to
adjourn or postpone such meeting to a later date if there are not
sufficient votes to approve the foregoing.

Further, the Voting Agreement Stockholders have agreed to vote
against (i) any action or proposal in favor of a Competing
Transaction, (ii) any action or proposal that could reasonably be
expected to interfere with or delay the timely consummation of the
Conversion and the Merger and (iii) any amendments to Gadsden or FC
Global's articles or bylaws if such amendment would reasonably be
expected to prevent or delay the consummation of the closing of the
Conversion and the Merger.  Each Voting Agreement Stockholder
agreed not to enter into any other Voting Agreement or voting trust
with respect to his or her Voting Shares until the Voting Agreement
is terminated.

In addition, (i) each FC Global Voting Agreement Stockholder
irrevocably and unconditionally granted, and appointed, Gadsden or
any designee of Gadsden as such Voting Agreement Stockholder’s
proxy and attorney-in-fact (with full power of substitution), for
and in the name, place and stead of such Voting Agreement
Stockholder, to vote or cause to be voted (including by proxy or
written consent, if applicable) the Voting Shares as of the
applicable record date in accordance with the foregoing in certain
circumstances and (ii) each Gadsden Voting Agreement Stockholder
irrevocably and unconditionally granted, and appointed, FC Global
or any designee of FC Global as such Voting Agreement Stockholder's
proxy and attorney-in-fact (with full power of substitution), for
and in the name, place and stead of such Voting Agreement
Stockholder, to vote or cause to be voted (including by proxy or
written consent, if applicable) the Voting Shares as of the
applicable record date in accordance with the foregoing in certain
circumstances.

Pursuant to the Voting Agreement, each FC Global Voting Agreement
Stockholder agreed that he or she will not, without the prior
written consent of Gadsden, sell, transfer, assign, pledge, give,
tender in any tender or exchange offer or similarly dispose of any
of his or her Voting Shares, or any interest therein, including the
right to vote any of his or her Voting Shares, as applicable,
subject to exceptions for (i) estate planning or philanthropic
purposes or (ii) surrendering his or her Voting Shares to FC Global
in connection with the vesting, settlement or exercise of equity
awards to satisfy any withholding for the payment of taxes incurred
in connection with such vesting, settlement or exercise, or, in
respect of options, the exercise price thereon.

Likewise, each Gadsden Voting Agreement Stockholder agreed that he
or she will not, without the prior written consent of FC Global,
sell, transfer, assign, pledge, give, tender in any tender or
exchange offer or similarly dispose of any of his or her Voting
Shares, or any interest therein, including the right to vote any of
his or her Voting Shares, as applicable, subject to exceptions for
(i) estate planning or philanthropic purposes or (ii) surrendering
his or her Voting Shares to Gadsden in connection with the vesting,
settlement or exercise of equity awards to satisfy any withholding
for the payment of taxes incurred in connection with such vesting,
settlement or exercise, or, in respect of options, the exercise
price thereon.

A full-text copy of the Agreement and Plan of Merger is available
for free at https://is.gd/VrkZ7f

                       About Gadsden Growth

Gadsden Growth Properties, Inc. is a Maryland corporation that was
formed on Aug. 11, 2016.  Gadsden's business strategy will focus on
the acquisition, development and management of property across
retail, medical office and mixed-use investment segments in
secondary and tertiary cities in the United States, initially in
California, Connecticut, and Utah.  Gadsden intends to capitalize
on the market mispricing in smaller properties, including
under-capitalized, under-developed, distressed, or mismanaged
properties, using the long-standing relationships that its senior
management team has cultivated in the commercial real estate
industry.  Gadsden is a privately-held corporation and its
securities do not trade on any marketplace.  Additional information
about Gadsden may be found online at www.GadsdenREIT.com.

                       About FC Global Realty

Formerly known as PhotoMedex, Inc., FC Global Realty Incorporated
(and its subsidiaries) founded in 1980, is transitioning from its
former business as a skin health company to a company focused on
real estate development and asset management, concentrating
primarily on investments in high quality income producing assets,
hotel and resort developments, residential developments and other
opportunistic commercial properties.  The company is headquartered
in New York.

As of June 30, 2018, the Company had $5.89 million in total assets,
$6.22 million in total liabilities, $2.54 million in redeemable
convertible preferred stock series B, and a total stockholders'
deficit of $2.87 million.

The report from the Company's independent accounting firm Fahn
Kanne & Co. Grant Thornton Israel, in Tel Aviv, Israel, on the
consolidated financial statements for the year ended Dec. 31, 2017,
includes an explanatory paragraph stating that the Company has
incurred net losses for each of the years ended Dec. 31, 2017 and
2016 and has not yet generated any revenues from real estate
activities.  As of Dec. 31, 2017, there is an accumulated deficit
of $134.45 million.  These conditions, along with other matters,
raise substantial doubt about the Company's ability to continue as
a going concern.


FC GLOBAL: Will Merge With Real Estate Company Gadsden Growth
-------------------------------------------------------------
FC Global Realty Incorporated and Gadsden Growth Properties, Inc.,
a privately-held real estate corporation, have signed a definitive
agreement to combine their two companies.  Under the terms of the
Merger Agreement, FC Global will convert from a Nevada corporation
to a Maryland corporation.  Once the merger is complete, the
resulting company will be a publicly traded real estate investment
trust (REIT) that is estimated to have more than $175 million in
gross assets of real estate investments and shareholder equity of
more than $100 million.

Gadsden shareholders will own approximately 94% of the FC Global
outstanding shares, on a fully diluted basis, if all certain
scheduled real estate acquisition opportunities of Gadsden are
completed, subject to adjustments as provided in the Merger
Agreement.  The merger is anticipated to close around year-end,
subject to the approval of shareholders from both companies,
applicable regulatory requirements including that the registration
statement and proxy filed by FC Global on Nov. 9, 2018 is declared
effective, and customary closing conditions.

"FC Global has been in the process of developing and refining its
focus in the real estate business since our conversion to a real
estate investment operation in mid-2017," stated Michael R.
Stewart, chief executive officer, FC Global Realty Incorporated.
"Our goal is to maximize shareholder value through strategic real
estate investments, and we believe merging with Gadsden is the best
way to achieve that goal."  Mr. Stewart continued, "It is expected
that this transaction will create a newly formed company with a
solid and flexible balance sheet, with growing cash flows that are
anticipated to support sustainable earnings growth."

"Teaming with FC Global allows Gadsden a unique opportunity to
become a publicly traded REIT and continue our strategic real
estate investments," stated John E. Hartman, chief executive
officer of Gadsden Growth Properties, Inc.  "The combination of
these two companies is anticipated to create a more expansive
investment vehicle to acquire, and manage real estate assets
concentrated in the commercial and multi-family sectors across the
U.S."  Mr. Hartman continued, "We plan to utilize Gadsden's real
estate and business experience to create a quality real estate
portfolio, which we believe will create long-term shareholder
value."

The Merger Agreement provides, among other matters, that Gadsden
will continue to pursue certain scheduled real estate investments.
Closing of the merger transaction will result in:

  * Gadsden security holders receiving up to approximately 443
    million shares of FC Global common stock on a fully diluted
    basis, subject to adjustments as described in the Merger
    Agreement, including stock that will be issued on account of
    scheduled investments; and

  * FC Global having $1.5 million unrestricted cash at closing,
    subject to a completion of a prior investment commitment by a
    private fund.

More information regarding the merger and related transactions, FC
Global and Gadsden are available in the registration statement that
was filed by FC Global on Nov. 9, 2018.

National Securities Corporation, member FINRA/SIPC, a wholly owned
subsidiary of National Holdings, Inc. (NASDAQ: NHLD), a leading
full-service independent brokerage, investment banking and asset
management firm, acted as the exclusive financial adviser to
Gadsden.

                  About Gadsden Growth Properties

Gadsden Growth Properties, Inc. is a Maryland corporation that was
formed on Aug. 11, 2016.  Gadsden's business strategy will focus on
the acquisition, development and management of property across
retail, medical office and mixed-use investment segments in
secondary and tertiary cities in the United States.  Gadsden is a
privately-held corporation and its securities do not trade on any
marketplace.  Additional information about Gadsden Growth
Properties, Inc. may be found online at
http://www.gadsdenreit.com/

                    About FC Global Realty

Formerly known as PhotoMedex, Inc., FC Global Realty Incorporated
(and its subsidiaries) founded in 1980, is transitioning from its
former business as a skin health company to a company focused on
real estate development and asset management, concentrating
primarily on investments in high quality income producing assets,
hotel and resort developments, residential developments and other
opportunistic commercial properties.  The company is headquartered
in New York.

As of June 30, 2018, the Company had $5.89 million in total assets,
$6.22 million in total liabilities, $2.54 million in redeemable
convertible preferred stock series B, and a total stockholders'
deficit of $2.87 million.

The report from the Company's independent accounting firm Fahn
Kanne & Co. Grant Thornton Israel, in Tel Aviv, Israel, on the
consolidated financial statements for the year ended Dec. 31, 2017,
includes an explanatory paragraph stating that the Company has
incurred net losses for each of the years ended Dec. 31, 2017 and
2016 and has not yet generated any revenues from real estate
activities.  As of Dec. 31, 2017, there is an accumulated deficit
of $134.45 million.  These conditions, along with other matters,
raise substantial doubt about the Company's ability to continue as
a going concern.


FIELDPOINT PETROLEUM: Incurs $139K Net Loss in Third Quarter
------------------------------------------------------------
FieldPoint Petroleum Corporation has filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss of $139,462 on $597,649 of total revenue for the three
months ended Sept. 30, 2018, compared to net income of $901,105 on
$701,141 of total revenue for the same period during the prior
year.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $170,972 on $1.69 million of total revenue compared to
net income of $2.23 million on $2.43 million of total revenue for
the nine months ended Sept. 30, 2017.

As of Sept. 30, 2018, Fieldpoint Petroleum had $7.33 million in
total assets, $5.69 million in total liabilities and $1.63 million
in total stockholders' equity.

The Company expects that it will continue to experience operating
losses and negative cash flow for so long as commodity prices
remain depressed.  The audit report of the Company's independent
registered public accountants covering its financial statements for
the fiscal years ended Dec. 31, 2017 and 2016, include an
explanatory paragraph expressing substantial doubt as to our
ability to continue as a going concern.  

"Our ability to continue as a going concern is dependent on raising
additional capital to fund our operations and ultimately on
generating future profitable operations.  There can be no assurance
that we will be able to raise sufficient additional capital or have
positive cash flow from operations to address all of our cash flow
needs.  If we are not able to find alternative sources of cash or
generate positive cash flow from operations, our business and
shareholders may be materially and adversely affected," the Company
said in the SEC filing.

The Company was delisted from the NYSE American on Nov. 16, 2017,
which could have a significant adverse impact on its ability to
raise additional capital since the Company is no longer eligible to
register securities on Form S-3 or undertake at-the-market
offerings under Rule 415.  Fieldpoint's shares are now traded on
the over-the-counter market under the symbol FPPP which is more
volatile than the Exchange and may result in a continued diminution
in value of its shares and resulted in the loss of other advantages
to an exchange listing, including marginability, blue sky
exemptions and others.

In the nine months ended Sept. 30, 2018, the Company sold its net
interest in the Buchanan wells in the Spraberry field that were not
economic to its interests.  The gross proceeds for the wells was
$370,000 and the Company recognized a gain of $345,399.  The
Company used $176,500 of the proceeds to pay toward the principal
balance of its line of credit.  During the nine months ended
Sept. 30, 2017, the company sold non-producing and non-economic
assets and used $3,115,000 of the proceeds to pay toward the
principal balance of its line of credit.

Cash flow used in operating activities was $166,748 for the nine
months ended Sept. 30, 2018, as compared to $462,104 of cash flow
used in operating activities in the comparable 2017 period.  The
decrease in cash flows used in operating activities was primarily
due to the decrease in gain on sale of oil and natural gas
properties during the nine months ended Sept. 30, 2018.

Cash flow provided by investing activities was $215,967 for the
nine months ended Sept. 30, 2018, due to proceeds from sale of oil
and natural gas properties of $370,000 offset by additions to oil
and natural gas properties and equipment of $154,033.  Cash flow
provided by investing activities was $2,995,931 for the nine months
ended Sept. 30, 2017, which included proceeds of $3,345,000 from
the sale of oil and natural gas properties, offset by $349,069 in
additions to oil and natural gas properties and equipment.

Cash flow used in financing activities was a payment of $176,500
principal on the Company's credit facility during the nine months
ended Sept. 30, 2018.  Cash flow used in financing activities was
$2,927,780 primarily due to payment of $3,115,000 principal on the
line of credit that was partially offset by proceeds of $187,220
from the sale of common stock during the nine months ended
Sept. 30, 2017.

The Company stated, "We are out of compliance with the current
ratio, leverage ratio, and interest coverage ratio required by our
line of credit as of September 30, 2018, and are in technical
default of the agreement. In October 2016, we executed a sixth
amendment to the original Loan Agreement and a Forbearance
Agreement, which provided for Citibank's forbearance from
exercising remedies relating to the current defaults, including the
principal payment deficiencies. The Forbearance Agreement ran
through January 1, 2018, and required that we make a $500,000 loan
principal pay down by September 30, 2017, and adhere to other
requirements including weekly cash balance reports, quarterly
operating reports, monthly accounts payable reports and that we pay
all associated legal expenses.  Furthermore, under the Forbearance
Agreement Citibank may sweep any excess cash balances exceeding a
net amount of $800,000 less equity offering proceeds, which will be
applied towards the outstanding principal balance."

A full-text copy of the Form 10-Q is available for free at:

                        https://is.gd/QUwJIR

                     About FieldPoint Petroleum

Based in Austin, Texas, FieldPoint Petroleum Corporation (NYSE:FFP)
-- http://www.fppcorp.com/-- is engaged in oil and natural gas
exploration, production and acquisition, primarily in Louisiana,
New Mexico, Oklahoma, Texas and Wyoming.

Fieldpoint Petroleum reported net income of $2.66 million in 2017
compared to a net loss of $2.47 million in 2016.  As of June 30,
2018, the Company had $7.44 million in total assets, $5.67 million
in total liabilities and $1.77 million in total stockholders'
equity.

Moss Adams LLP, in Dallas, Texas, the Company's auditor since 2017,
issued a "going concern" qualification in its report on the
consolidated financial statements for the year ended Dec. 31, 2017,
stating that the Company has suffered recurring losses from
operations and has a net capital deficiency that raise substantial
doubt about its ability to continue as a going concern.


FORTERRA INC: Bank Debt Trades at 7% Off
----------------------------------------
Participations in a syndicated loan under which Forterra
Incorporated is a borrower traded in the secondary market at 93.30
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.49 percentage points from the
previous week. Forterra Incorporated pays 300 basis points above
LIBOR to borrow under the $10 million facility. The bank loan
matures on October 25, 2023. Moody's rates the loan 'B3' and
Standard & Poor's gave a 'B-' rating to the loan. The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, November 9.


GCI LLC: S&P Places 'B' Issuer Credit Rating on Watch Negative
--------------------------------------------------------------
S&P Global Ratings placed all of its ratings on Anchorage,
Alaska-based GCI LLC, including the 'B' issuer credit rating, on
CreditWatch with negative implications.

The CreditWatch listing follows GCI's announcement that the FCC has
decided to reduce the rates paid to the company under the RHC
Program, which could lower its EBITDA by $28 million annually. S&P
believes this EBITDA loss, which represents about 10% of the
company's total adjusted EBITDA, could increase GCI's leverage to
at least 9x--from about 7.3x LQA at June 30, 2018--without a
proportionate reduction in its debt. If GCI chose to, they could
sell the equity stakes in other business that it received as part
of its acquisition by Liberty Interactive Corp. and use the
proceeds to pay down its debt, although the likelihood of this type
of transaction is highly uncertain.

S&P said, "In resolving the CreditWatch negative placement, we will
meet with management to discuss the company's appeal of the FCC's
decision in regard to its timing and the potential for a reversal.
We will also discuss the potential for any offsetting reduction in
its debt using the proceeds from a sale of its equity stakes. We
could lower our rating on GCI by no more than one notch depending
on our leverage expectations for the company."



GENTRY VU MD: Case Summary & 4 Unsecured Creditors
--------------------------------------------------
Debtor: Gentry Vu Md Inc.
        534 E Maple St
        Stockton, CA 95204

Business Description: Stockton, California-based Gentry Vu Md Inc.
                      operates a medical clinic specializing in
                      obstetrics & gynecology.  The Company is
                      owned by Dr. Gentry Vu, an obstetrician-
                      gynecologist and is affiliated with St.
                      Joseph's Medical Center.

Chapter 11 Petition Date: November 13, 2018

Court: United States Bankruptcy Court
       Eastern District of California (Sacramento)

Case No.: 18-27128

Judge: Hon. Christopher D. Jaime

Debtor's Counsel: Tien D. Duong, Esq.
                  LAW OFFICE OF TIEN DUONG
                  6665 Stockton Blvd Suite 9
                  Sacramento, ca 95823
                  Tel: 916-421-5536
                  E-mail: tienduonglaw@gmail.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Gentry Vu, president.

A copy of the Debtor's list of four unsecured creditors is
available for free at:

        http://bankrupt.com/misc/caeb18-27128_creditors.pdf

A full-text copy of the petition is available for free at:

           http://bankrupt.com/misc/caeb18-27128.pdf


GLYECO INC: Incurs $1.33 Million Net Loss in Third Quarter
----------------------------------------------------------
GlyeCo, Inc., has filed with the Securities and Exchange Commission
its Quarterly Report on Form 10-Q reporting a net loss of $1.33
million on $2.89 million of net sales for the three months ended
Sept. 30, 2018, compared to a net loss of $2.05 million on $3.28
million of net sales for the three months ended Sept. 30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $3.70 million on $9.36 million of net sales compared to
a net loss of $4.06 million on $8.49 million of net sales for the
nine months ended Sept. 30, 2017.

As of Sept. 30, 2018, the Company had $12.09 million in total
assets, $11.28 million in total liabilities, and $806,467 in total
stockholders' equity.

For the nine months ended Sept. 30, 2018 and 2017, net cash used in
operating activities was $1,075,116 and $1,709,809, respectively.
The decrease in cash used in operating activities in the nine
months ended Sept. 30, 2018 is due to the significant period over
period changes in accounts receivable, inventories and accounts
payable and accrued expenses.

For the nine months ended Sept. 30, 2018, the Company used $240,908
in cash for investing activities, compared to $816,719 used in the
nine months ended Sept. 30, 2017.  These amounts were comprised of
capital expenditures for equipment.

For the nine months ended Sept. 30, 2018, net cash provided by
financing activities was $1,428,851, which was comprised of
$2,100,000 in gross proceeds from notes payable, offset by payments
made on other notes payable and capital lease obligations.  For the
nine months ended Sept. 30, 2017, $1,240,083 was provided by
financing activities.

As of Sept. 30, 2018, the Company had $2,019,409 in current assets,
including $230,771 in cash, $1,043,465 in accounts receivable and
$546,543 in inventories.  Cash increased from $111,302 as of Dec.
31, 2017 to $230,771 as of Sept. 30, 2018, primarily due to the
timing of payments.

As of Sept. 30, 2018, the Company had total current liabilities of
$7,486,489, consisting primarily of accounts payable and accrued
expenses of $3,439,931, contingent acquisition consideration of
$1,503,113, and the current portion of notes payable of $2,063,228.
As of Sept. 30, 2018, the Company had total non-current
liabilities of $3,802,816, consisting primarily of the non-current
portion of its notes payable and capital lease obligations.
  
                         Going Concern

In its report dated April 2, 2018 with respect to the Company's
consolidated financial statements for the years ended Dec. 31, 2017
and 2016, KMJ Corbin & Company LLP, the Company's independent
registered public accounting firm, expressed substantial doubt
about the Company's ability to continue as a going concern as a
result of its recurring losses from operations and its dependence
on our ability to raise capital, among other factors.  As of Sept.
30, 2018, the Company has yet to achieve profitable operations and
is dependent on its ability to raise capital from stockholders or
other sources to sustain operations and to ultimately achieve
profitable operations.  These factors continue to raise substantial
doubt about the Company's ability to continue as a going concern
for at least one year from the date of this filing.

The Company said, "Our plans to address these matters include
achieving profitable operations, raising additional financing
through offering our shares of the Company's capital stock in
private and/or public offerings of our securities and through debt
financing if available and needed.  We plan to achieve profitable
operations through the implementation of operating efficiencies at
our facilities and increased revenue through the offering of
additional products and the expansion of our geographic footprint
through acquisitions, broader distribution from our current
facilities and/or the opening of additional facilities.  We also
believe that we can raise adequate funds through the issuance of
equity or debt as necessary to continue to support our planned
expansion.  There can be no assurances, however, that the Company
will be able to achieve profitable operations or be able to obtain
any financings or that such financings will be sufficient to
sustain our business operation or permit the Company to implement
our intended business strategy."

A full-text copy of the Form 10-Q is available for free at:

                     https://is.gd/vMh5Xj

                       About GlyEco, Inc.

GlyEco, Inc. -- http://www.glyeco.com/-- is a developer,
manufacturer and distributor of performance fluids for the
automotive, commercial and industrial markets.  The Company
specializes in coolants, additives and complementary fluids.  The
Company's network of facilities, develop, manufacture and
distribute products including a wide spectrum of ready to use
anti-freezes and additive packages for the antifreeze/coolant, gas
patch coolants and heat transfer fluid industries, throughout North
America.  The Company is headquartered in Rock Hill, South
Carolina, and operates six facilities in the U.S.

Glyeco incurred a net loss of $5.18 million for the year ended Dec.
31, 2017, compared to a net loss of $2.26 million for the year
ended Dec. 31, 2016.  As of June 30, 2018, the Company had $12.73
million in total assets, $10.72 million in total liabilities and
$2.01 million in total stockholders' equity.


GOMEZ RENTALS: Sandton Buying Properties for $4.3 Million
---------------------------------------------------------
Gomez Rentals, LLC, asks the U.S. Bankruptcy Court for the District
of Idaho to authorize its sale procedures and its Asset Purchase
Agreement with Sandton Credit Solutions Master Fund III, L.P., as
successor-in-interest to Wells Fargo Bank, in connection with the
sale of the real property located in Twin Falls County, Idaho for
$1.6 million and the real property located in McKenzie County,
North Dakota for $2.7 million, together with any and all
appurtenances and water and water rights related to such real
property, and all fixtures currently located on the premises,
subject to higher and better offers.

After strategic analysis and negotiations, the Debtor identified
the Purchaser's bid for the assets as the proposal presenting the
greatest benefit to the interests of its creditors.  After
extensive negotiations regarding the terms and conditions thereof,
the Debtor and the Purchaser have executed the Stalking Horse APA,
which remains subject to the Court's approval.

The Sale is the only viable option that effectively addresses the
Debtor's financial situation.  A non-expedited process allowing for
a longer auction period would lend little to no net value to the
Debtor's estate and could indeed prove futile.  The Debtor has
already attempted to market the property, and the Stalking Horse
Offer is a full-appraisal value offer.  Therefore, an expedited
process designed to consummate the Sale within 30–45 days, while
also providing an opportunity for other bidders to participate and
demonstrate their willingness to close on higher and better terms
than the Purchaser, achieves the overarching objectives of the
Debtor: preserving the remaining assets for the benefit of its
creditors.

The Debtor asks approval to sell certain real property in Idaho and
North Dakota, in separate transactions, which may or may not
include assumption and assignment of certain leases as more
particularly described in the Stalking Horse APA.  The assets being
sold are all of the Debtor's assets, properties, rights and
interests of any nature whatsoever, in the Stalking Horse APA.

The transactions proposed in the Sale Motion will result in a
significant return to the Debtor's creditors.  The major elements
of the proposed transactions with the Purchase include the
following:

     a. The Purchaser will pay to Debtor the Purchase Price of $1.6
million for the Twin Falls Property and $2.7 million for the North
Dakota Property, as defined in and subject to the terms as set
forth in the Stalking Horse APA, either by credit or by cash.  The
Purchaser's purchase price will be sufficient to satisfy the Prior
Lien Holders Farmer's National Bank on the Twin Falls Property, and
Edward and Charlotte A. Schilke on the North Dakota Property and
existing tax liens, if any, as defined and set forth in the
Stalking Horse APA.

     b. The Purchaser will acquire the assets from the Debtor free
and clear of all liens, encumbrances and interests, and with any
such liens, encumbrances and interest attaching to the net proceeds
of the sale received by the estate.

     c. The Purchaser may or may not assume the leases related to
the Debtor's Twin Falls Property and its North Dakota Property, as
defined and set forth in the Stalking Horse APA.

The Sale requires a purchaser that is adequately capitalized and is
familiar with the Debtor's business.  The Debtor believes that the
universe of such purchasers is limited and that it has already
approached these potential purchases.  The Purchaser meets these
requirements.

The Debtor proposes the following timeline relative to the relief
sought in the Motion:

     a. Objection deadline for Sale Procedures portion of the
Motion - 7 days after Motion filed

     b. Hearing on Sale Procedures portion of the Motion - 7 days
after Motion filed

     c. Deadline for competing bids - 2 days before the Auction

     d. Auction - 20 - 25 days after entry of the Sale

     e. Procedures Order Hearing on the remainder of the Sale
Motion - Immediately following the Auction

Finally, the Debtor asks that the stay imposed by Bankruptcy Rule
6004(h) be waived under the circumstances of the case.  It is in
the interest of the Debtor's creditors and estate that the Sale be
consummated as quickly as possible without any stay pending
appeal.

A copy of the Stalking Horse APA attached to the Motion is
available for free at:

    http://bankrupt.com/misc/Gomez_Rentals_50_Sales.pdf

The Purchaser is represented by:

Randall A. Peterman, Esq.
GIVENS PURSLEY LLP
601 W. Bannock St.
Boise, ID 83702
E-mail: rap@givenspursley.com

                     About Gomez Rentals LLC

Gomez Rentals, LLC is a lessor of real estate that owns in fee
simple 40 acres of land in Waftord City, North Dakota, valued at
$2.2 million and multiple parcels of land at 299 Addison Ave. W.,
Twin Falls, Idaho, valued at $1.19 million.

Gomez Rentals sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Idaho Case No. 18-40503) on June 11, 2018.  In the
petition signed by John J. Gomez, member, the Debtor disclosed
$3.67 million in assets and $4.64 million in liabilities.  Judge
Joseph M. Meier presides over the case.



GREGORY JOHN TE VELDE: Trustee Selling Lost Valley Farm Livestock
-----------------------------------------------------------------
Randy Sugarman, the Chapter 11 Trustee for Gregory John te Velde,
asks the U.S. Bankruptcy Court for the Eastern District of
California to authorize the sale of the livestock herd at the "Lost
Valley Farm" by public action.

The Debtor is an individual who owned and operated three large
dairies as of the Petition Date, one of which was located in
Boardman, Oregon, and is known as the Lost Valley Farm.  Among the
assets of the Estate associated with the Lost Valley Farm is a
large dairy herd.  The size and makeup of the herd fluctuates over
time, but as of Oct. 15, 2018, it consisted of approximately 7,000
Jersey, Jersey X, & Holstein Milking & Dry Cows and 3,500 Jersey,
Jersey X, & Holstein Replacement Heifers.

The Trustee has determined that it is in the best interests of the
Estate to sell the LVF Livestock at public auction.  Among other
things, the LVF Livestock generates a large amount of effluent
which must be properly processed through a complex waste management
system to comply with applicable environmental laws and
regulations.  He has further determined that the only practical way
for this to occur is to liquidate the LVF Livestock to eliminate
further effluent while the system is being redesigned and rebuilt.

By the Motion, the Trustee asks authority to proceed with the
liquidation of the LVF Livestock in phases.  The first phase would
be the immediate sale of the 3,500 replacement Heifers.  It is in
the best interests of the Estate to immediately cull and sell these
animals because they are too immature to generate milk income for
the Estate, yet they require significant feed and labor expense to
maintain and, of course, contribute to the effluent problem.  The
Trustee also intends to promptly liquidate the older Milk Cows
coming to the end of their productivity.  This is an ongoing
process in the ordinary course of business of any dairy.  He
intends to sell the remaining, productive LVF Livestock in phases
between the date of any Order issued by the Court and Jan. 15,
2019.  He believes that this orderly liquidation is in the best
interests of the Estate for a number of reasons.

After consultation with LVF management, industry experts, and
representatives of certain secured creditors of the Estate, the
Trustee has determined that the best means to sell the LVF
Livestock is through public auction managed by Toppenish Livestock
Commission ("TLC").  He has previously filed an application to
employ TLC as auctioneer for the Estate, and that application is
set for hearing on Oct. 31, 2018.

The Trustee, in consultation with his management team and LVF,
intends to rely on TLC to determine the exact timing and manner
(live or video auction) of the LVF Livestock herd between the time
this Motion is granted and Jan. 15, 2019.  Subject to the Court's
ruling on the pending application to employ TLC, the Trustee asks
authority to compensate TLC for its services at the 4% commission
rate and pay other expenses directly from the auction proceeds.

The LVF Livestock may be subject to two distinct types of liens and
encumbrances.  First, a number of parties have asserted Oregon
state statutory Agricultural Services Liens against the LVF
Livestock pursuant to the provisions of Oregon Revised Statutes
("ORS") 87.146 et seq.  Second, the LVF Livestock is subject to a
number of UCC-1 Financing liens in favor of various parties.  The
Trustee believes that all of the ASLs and Consensual Liens on the
LVF Livestock are subject to a sale free and clear.

A description of these liens, along with the basis for treatment
under Section 363(f), is as follows:

     (i) An Oregon state statutory Agricultural Services Lien in
favor of Barton Laser Leveling, Inc., in the alleged amount of
$694,729 as evidenced by that certain "Notice of Claim of
Agricultural Services Lien" filed on Sept. 28, 2017, in the Office
of the Oregon Secretary of State as Document No. 91333636.  This
lien is subject to bona fide dispute.

     (ii) An Oregon state statutory Agricultural Services Lien in
favor of Custom Feed Services, LLC, in the alleged amount of
$728,939 as evidenced by that certain "Notice of Claim of
Agricultural Services Lien" filed on Dec. 8, 2017, in the Office of
the Oregon Secretary of State as Document No. 91398195.  This lien
is subject to bona fide dispute.

     (iii) An Oregon state statutory Agricultural Services Lien in
favor of Western Ag Improvements, Inc., in the alleged amount of
$44,487 as evidenced by that certain "Notice of Claim of
Agricultural Services Lien" filed on Feb. 16, 2018, in the Office
of the Oregon Secretary of State as Document No. 91462052.  This
lien is subject to bona fide dispute.

     (iv) An Oregon state statutory Agricultural Services Lien in
favor of Western Ag Improvements, Inc., in the alleged amount of
$63,767 as evidenced by that certain "Notice of Claim of
Agricultural Services Lien" filed on March 2, 2018, in the Office
of the Oregon Secretary of State as Document No. 91476087.  This
lien is subject to bona fide.

     (v) An Oregon state statutory Agricultural Services Lien in
favor of Medelez, Inc., in the alleged amount of $36,651 as
evidenced by that certain "Notice of Claim of Agricultural Services
Lien" filed on March 22, 2018, in the Office of the Oregon
Secretary of State as Document No. 91494403.  This lien is not
disputed.

     (vi) An Oregon state statutory Agricultural Services Lien in
favor of Cold Springs Veterinary Services, Inc., in the alleged
amount of $169,844 as evidenced by that certain "Notice of Claim of
Agricultural Services Lien" filed on April 19, 2018, in the Office
of the Oregon Secretary of State as Document No. 91522588.  This
lien is not disputed.

     (vii) An Oregon state statutory Agricultural Services Lien in
favor of Scott Harvesting, LLC, in the alleged amount of $117,915
as evidenced by that certain "Notice of Claim of Agricultural
Services Lien" filed on April 19, 2018, in the Office of the Oregon
Secretary of State as Document No. 91522866.  This lien is subject
to bona fide dispute.

     (viii) An Oregon state statutory Agricultural Services Lien in
favor of Wyatt Enterprises, LLC, in the alleged amount of $540,036
as evidenced by that certain "Notice of Claim of Agricultural
Services Lien" filed on March 30, 2018, in the Office of the Oregon
Secretary of State as Document No. 91504260.  This lien is subject
to bona fide dispute.

     (ix) An Oregon state statutory Agricultural Services Lien in
favor of Chaffey & Sons, Inc., in the alleged amount of $422,071 as
evidenced by that certain "Notice of Claim of Agricultural Services
Lien" filed on March 16, 2018, in the Office of the Oregon
Secretary of State as Document No. 91486543.  This lien is subject
to bona fide dispute.

     (x) A UCC-1 Financing Lien in favor of Rabobank, N.A., in the
approximate amount of $44 million, as evidenced by a UCC-1
Financing Statement filed on Sept. 23, 2010, in the Office of the
California Secretary of State as Document No. 10-7245872480 and
thereafter amended and continued.  This lien is junior to the noted
disputed Agricultural Servicing Liens, and the Trustee is informed
and believes that Rabobank consents to the sale, provided that it
is afforded adequate protection.

     (xi) A UCC-1 Financing Lien in favor of Federal Land Bank
Association of Kingsburg, FLCA aka Golden State Farm Credit in the
alleged amount of approximately $5,354,969, as evidenced by a UCC-1
Financing Statement filed on July 28, 2011, in the Office of the
California Secretary of State as Document No. 11-7279747510 and
thereafter amended and continued.  This lien is subject to bona
fide dispute because it does not extend to the Livestock pursuant
to either the subject Security Agreement or UCC-1 Financing
Statement.  If it does, it is junior to the noted disputed
Agricultural Servicing Liens, is disputed in amount, and is
cross-collateralized by other property of the Estate of a value
sufficient to pay it in full.

     (xii) A UCC-1 Financing Lien in favor of Boardman Tree Farm,
LLC, in the alleged amount of approximately $56 million, as
evidenced by a UCC-1 Financing Statement filed on Dec. 7, 2015, in
the Office of the California Secretary of State as Document No. 15
-7499465161.  This lien is subject to bona fide dispute.

     (xiii) A UCC-1 Financing Lien in favor of J.D. Heiskell
Holdings, LLC in the alleged amount of approximately $7.9 million,
as evidenced by a UCC-1 Financing Statement filed on Aug. 26, 2016
in the Office of the California Secretary of State as Document No.
16-543473131 and thereafter amended.  This lien is subject to bona
fide dispute.

     (xiv) A UCC-1 Financing Lien in favor of Overland Stock Yards,
Inc., in the alleged amount of approximately $1.7 million, as
evidenced by a UCC-1 Financing Statement filed on Oct. 11, 2017, in
the Office of the California Secretary of State as Document No.
17-91346140.  This lien is subjecto to bona fide dispute.

As adequate protection for the holder of the liens set forth, the
Trustee proposes that all net proceeds of sale remaining after the
payment of the costs of sale described above will be held in a
blocked account, with the liens identified to attach to the
proceeds with the same validity, extent, and priority claimed under
non-bankruptcy law, and said funds will not be disbursed absent
further Order(s) of the Court.

A hearing on the Motion is set for Nov. 14, 2018 at 1:30 p.m.

                 About Gregory John te Velde

Tipton, California-based Gregory John te Velde filed for Chapter 11
bankruptcy (Bankr. E.D. Cal. Case No. 18-11651) on April 26, 2018.
Mr. te Velde does business as GJ te Velde Dairy, Pacific Rim Dairy
and Lost Valley Farm.  He formerly did business as Willow Creek
Dairy.

In his Chapter 11 petition, the Debtor listed assets and
liabilities between $100 million and $500 million.

Judge Fredrick E. Clement oversees the bankruptcy case.

Mr. te Velde is represented by Riley C. Walter, Esq., who has an
office in Fresno, California.


GROM SOCIAL: Incurs $1.13 Million Net Loss in Third Quarter
-----------------------------------------------------------
Grom Social Enterprises, Inc. has filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss of $1.13 million on $2.05 million of sales for the three
months ended Sept. 30, 2018, compared to a net loss of $1.61
million on $2.19 million of sales for the three months ended Sept.
30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $3.58 million on $5.86 million of sales compared to a
net loss of $5.74 million on $5.67 million of sales for the nine
months ended Sept. 30, 2017.

As of Sept. 30, 2018, Grom Social had $18.90 million in total
assets, $13.21 million in total liabilities and $5.68 million in
total stockholders' equity.

On Sept. 30, 2018, the Company had $402,582 in cash.

During the nine months ended Sept. 30, 2018, net cash used in
operating activities was $816,635 compared to net cash used of
$969,229 during the same period in 2017.  The decrease of $152,594
in net cash used in operating activities for the nine-month period
ended Sept. 30, 2018 compared to the same nine month period in 2017
is primarily attributable changes in operating assets of
approximately $749,000 offset by a reduction of approximately
$627,000 in common stock and fees exchanged for services.

Net cash used in investing activities during the period ended Sept.
30, 2018 increased from $155,238 in the 2017 period, to $700,493 in
2018 an increase of approximately $545,073 compared to the same
period in 2017 and is directly attributable to a significant
increase in the purchase of fixed assets at TDH to build out their
infrastructure to enable TDH to accommodate higher growth levels.

Net cash provided by financing activities was $1,639,107 for the
nine months ended Sept. 30, 2018 compared to $1,418,000 for the
same period in 2017.  The increase in net cash provided by
financing activities of $221,107 is primarily due to additional
proceeds from the sale of convertible debentures and warrants in
2018 compared to 2017.

The Company's consolidated financial statements have been prepared
assuming the Company will continue as a going concern, which
contemplates realization of assets and the satisfaction of
liabilities in the normal course of business for the twelve-month
period following the date of these financial statements.  The
Company has incurred annual losses since inception and expects it
may incur additional losses in future periods.  Additionally, as of
Sept. 30, 2018, excluding related party payables to its officers
and principal shareholders which are not anticipated to be paid for
the foreseeable future, the Company had a working capital deficit
of $5,884,385.

The Company currently has a monthly consolidated cash operating
burn of approximately $150,000 including capital expenditures, or
approximately $1,800,000 per year.  In order to fund its
operations, the Company believes it will be required to raise
approximately $1,500,000.  For the nine months ended Sept. 30, 2018
the Company spent approximately $700,000 primarily to build its
infrastructure at TDH to enable higher levels of production and
revenue in 2019 and beyond.  There can be no assurance that
anticipated higher levels of revenue in 2019 revenues at TDH will
occur.  Capital expenditures in 2019 are expected to be materially
reduced compared to 2018 levels, to approximately $200,000 for the
full year 2019.

Additionally, the Company will be required to refinance or pay down
the $4,000,000 TDH Seller Debt due on July 1, 2018.  The Company is
engaged in discussions to pay down the debt or refinance the Seller
Debt.  The Company believes it will be successful in doing so prior
to the maturity date of the Seller Debt, however, there can be no
assurance it will be successful in doing so.  The failure to obtain
the financing necessary to allow the Company to continue to
implement its business plan will have a significant negative impact
on its anticipated results of operations.

"We expect to reduce our monthly cash operating loss through
improved profitability.  There can be no assurance we will be
successful.  Historically we have successfully funded our losses
through equity issuances, debt issuance and through officer loans.
We expect to be able to continue to fund our operating losses in a
similar manner and believe that we can secure capital on reasonable
terms, although there can be no assurances," the Company said in
the SEC filing.

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/IGZt2N

                       About Grom Social

Formerly known as Illumination America, Inc., Grom Social
Enterprises, Inc. -- http://www.gromsocial.com/-- operates five
subsidiaries, including Grom Social, a safe, social media platform
for kids between the ages of five and 16.  Since its beginnings in
2012, Grom Social has attracted kids and parents with the promise
of a safe and secure environment where their kids can be
entertained and can interact with their peers while learning good
digital citizenship.  The Company also owns and operates Top Draw
Animation, Inc., an award-winning animation company which produces
animated content for Grom Social and other high-profile media
properties such as Tom and Jerry, My Little Pony and Disney
Animation's Penn Zero: Part-Time Hero.  In addition, Grom
Educational Services provides web filter services up to an
additional two million children across 3,700 schools and libraries,
and Grom Nutritional Services is in the process of creating a line
of healthy nutritional supplements for children.

The report from the Company's independent accounting firm B F
Borgers CPA PC, on the consolidated financial statements for the
year ended Dec. 31, 2017, includes an explanatory paragraph stating
that the Company incurred recurring losses from operations, has net
current liabilities and an accumulated deficit that raise
substantial doubt about its ability to continue as a going
concern.

Grom Social reported a net loss of $6.04 million in 2017 compared
to a net loss of $10.71 million in 2016.  As of June 30, 2018, Grom
Social had $19.02 million in total assets, $12.88 million in total
liabilities and $6.14 million in total stockholders' equity.


GROUP GOLF OF PALM COAST: Taps Scott W. Spradley as Legal Counsel
-----------------------------------------------------------------
Group Golf of Palm Coast, LLC, seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire the Law
Offices of Scott W. Spradley, P.A. as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Spradley will charge an hourly fee of $300.

The firm does not have connection with any creditor of the Debtor
or any other party whose interests may be adverse to the Debtor,
according to court filings.

The firm can be reached through:

     Scott W. Spradley, Esq.
     Law Offices of Scott W. Spradley, P.A.
     109 South 5th Street
     P.O. Box 1
     Flagler Beach, FL 32136
     Phone: (386) 693-4935

                 About Group Golf of Palm Coast

Group Golf of Palm Coast, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-01581) on May 10,
2018.  Judge Paul M. Glenn presides over the case.  The Debtor
tapped the Law Offices of Scott W. Spradley, P.A. as its legal
counsel.


GULF FINANCE: Bank Debt Trades at 19% Off
-----------------------------------------
Participations in a syndicated loan under which Gulf Finance LLC is
a borrower traded in the secondary market at 81.40
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.81 percentage points from the
previous week. Gulf Finance pays 525 basis points above LIBOR to
borrow under the $11 million facility. The bank loan matures on
August 25, 2023. Moody's rates the loan 'B3' and Standard & Poor's
gave a 'B' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
November 9.


HC2 HOLDINGS: S&P Affirms 'B-' Rating on New Senior Secured Notes
-----------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' issue-level rating on HC2
Holdings Inc.'s proposed senior secured notes. The '4' recovery
rating remains unchanged, indicating S&P's expectation for average
(30%-50%; rounded estimate: 45%) recovery in the event of a
default.

S&P is affirming its issue-level rating on HC2's proposed notes
following the company's announcement that it will be downsizing the
issuance to $470 million (from $535 million originally) and
changing the maturity year to 2021 (from 2023). The company plans
to use the proceeds from these notes, along with the proceeds from
its planned offering of $55 million of convertible senior notes due
2022 (unrated) and cash on hand, to repay its $510 million notes
due 2019. Following the proposed debt issuances, S&P expects HC2's
credit measures to remain in line with its previous expectations,
including a loan-to-value (LTV) ratio of more than 60%.

S&P said, "Our ratings on HC2 reflect the company's investment
asset mix -- which comprises mostly unlisted companies -- the
concentration of its portfolio in a few assets, and the weak
overall credit quality of the portfolio. It also reflects our
expectation that HC2 will continue to maintain stretched debt
leverage metrics over the next year with a reported LTV ratio of
over 60%. The stable outlook reflects our expectation that the
company's liquidity will remain adequate."

ISSUE RATINGS--RECOVERY ANALYSIS

Key analytical factors

S&P said, "Our simulated default scenario contemplates a default
occurring in 2020 due to a severe downturn in its subsidiaries'
markets and the loss of some of their largest contracts. This would
result in significantly depressed earnings and cash
flow--constraining the company's ability to make interest payments
and service its holding company debt--and significantly weaken the
value of the company's portfolio. We assume the company would
default even if the value of its investment portfolio is greater
than its total debt due to the financial maintenance covenants
under its proposed notes.

"To resolve the default, we believe HC2 would sell its equity
position in its portfolio companies. In such a scenario, we would
expect a forced sale of equity interests. Given the private nature
of HC2's holdings and its lack of liquidity, we believe realization
rates would be depressed. Therefore, we apply a 35% haircut to the
book value of its portfolio under our discrete asset valuation
approach. This haircut is consistent with those that we have used
for other investment holding companies that lack liquid assets.
While the company's Global Marine subsidiary is foreign-domiciled,
we assume that HC2 would file for bankruptcy in the U.S. because
that is where its principal debt obligation was issued."

Simulated default assumptions

-- LIBOR of 250 basis points
-- All debt includes six months of accrued interest
-- Simulated year of default: 2020
-- Realization rate of portfolio value: 65%
-- Estimated gross enterprise value: $432 million

Simplified waterfall

-- Net value available to creditors (after 7% administrative
costs): $402 million
-- Collateral value available to secured debt: $214 million
-- Secured debt claims: $498 million
    --Recovery expectations: 30%-50% (rounded estimate: 45%)

  RATINGS LIST

  HC2 Holdings Inc.
   Issuer Credit Rating        B-/Stable/--

  Ratings Affirmed; Recovery Expectations Revised
                               To             From
  HC2 Holdings Inc.
   Senior Secured              B-             B-
    Recovery Rating            4(45%)         4(40%)



HESS INFRASTRUCTURE: Fitch Affirms BB LT IDR, Outlook Negative
--------------------------------------------------------------
Fitch Ratings has affirmed Hess Infrastructure Partners, LP's
Long-Term Issuer Default Rating at 'BB.' Fitch has also affirmed
HESINF's senior secured rating at 'BB+'/'RR1' and senior unsecured
rating at 'BB'/'RR4'. The Rating Outlook is Negative.

HESINF's Outlook mirrors the Hess Corporation's (HES/BBB-) Negative
Outlook. On March 9, 2018, Fitch affirmed the HES's 'BBB-' IDR and
revised the Outlook to Negative from Stable. Given the importance
of HES to HESINF, a change in the credit quality at HES will
generally be reflected in Fitch's view of HESINF's credit quality.

HESINF's operational condition is sound, which has been underscored
by the recent 3Q18 report from the master limited partnership that
HESINF sponsors, Hess Midstream Partners, LP. This report featured
full-year crude oil gathering volumes of 85,000 to 90,000 barrels
per day (bpd), an increase from the initial 2018 guidance of
75,000bpd to 85,000 bpd.

HESINF is a joint venture between HES and Global Infrastructure
Partners. The senior secured recovery rating of 'RR1' reflects an
expectation for a recovery of 91% to 100%, which reflects HESINF's
strength and certain terms of the senior secured credit facilities.
The senior unsecured recovery rating of 'RR4' reflects an
expectation for a recovery of 31% to 50%, which is level frequently
awarded for senior unsecured securities in the 'BB' ratings
category. The Recovery Ratings for both the senior secured and
senior unsecured debt reflect the gathering and processing
sub-sector's track record for recovery outcomes.

KEY RATING DRIVERS

HES Bakken Operations Solid: Contractually, HES subsidiaries are
the only recipients of all of HESINF's services. HES guarantees the
service obligations of these subsidiaries. The HES-HESINF
guaranteed contracts have fee mechanisms by which HES protects
HESINF from volume downsides and other risks. One type of
protection, Minimum Volume Commitments (MVCs), has from time to
time been triggered to determine the payment for some of HESINF's
services. Fitch views HES as a strong performer with a consistent
track record of strong reserve growth at economical costs. Within
the Bakken formation region, which HES states it gets first call on
capital among operated properties, the company continues to make
progress moving down the cost curve. Since 2017, HES's trend of
quarterly Bakken barrel of oil equivalent production has been
upward in an unbroken line. In June 2018, HES added a fifth Bakken
drilling rig, and in September the company added a sixth rig, which
Fitch sees as positive developments. HESINF is joint venturing to
construct the Little Missouri 4 natural gas processing plant. The
growth represented by the Little Missouri 4 plant is backstopped by
expected Bakken growth, which is contractually provided for under
the foundational HES/HESINF contracts.

Small Single-Basin Midstream Company: Fitch forecasts that HESINF
will post approximately $500 million in EBITDA in 2018 on a
consolidated basis. The level of $500 million is, in fact, a figure
that Fitch typically views as the boundary marker between
investment grade and high yield IDRs for midstream companies. Small
companies generally have less money-raising options when challenges
arise in a sector. In addition to being on the border between small
size and large size, the HESINF only serves a single producing
region of the U.S., the Bakken formation region of North Dakota.
The Bakken produces all seven hydrocarbons, but the primary target
is crude oil. Dating back to the late 2014 collapse in crude oil
prices, North Dakota has not been the largest or fastest growing
hydrocarbon-producing region. The last twelve months have seen the
resumption of impressive growth in North Dakota. Fitch acknowledges
that volume risk is largely mitigated by HESINF's contracts with
HES subsidiaries.

Contracts Provide Two-Fold Revenue Protection: HESINF is a 100%
fee-based business. Its unit-fees are subject to recalculation till
the expirations of the main contracts in 2023 (longer for the
Terminal and Export agreement). The re-calculation's objective is
to furnish HESINF with a set return, with such recalculation taking
into account changes to the cumulative ( until 2023) production
profile (among other things). At the end of 2017, the tariff was
updated to incorporate offsetting factors relative to assumptions
in the recalculation 12 months prior. The offsetting factors were
an increase in the forecast of capital investment (potential
impact: raises the unit-fee) and an increase in the forecast of
volumes (potential impact: lowers the unit fee). In addition to
this re-calculation structure, the suite of contracts provides that
near-term total revenues may be bolstered by MVCs. In the 2017 10-K
of HESINF investee HESM, it was disclosed that in 2017 minimum
volume shortfall fee payments of $61.6 million were earned (on a
consolidated basis). The setting of MVCs is also an annual
exercise. MVCs are established each year for the current year and
the two thereafter. MVCs, once set, cannot be re-set lower. HES, as
HESINF's counterparty, will bear high effective unit costs in a
downside volume scenario, by operation of the two revenue
protection mechanisms.

DERIVATION SUMMARY

Size is an important differentiating factor as Fitch rates
gathering and processing companies. Smaller gathering and
processing companies generally do not have a diverse portfolio of
assets, from which a choice asset can be sold during challenging
times in their production regions. Fitch expects HESINF to post
EBITDA of approximately $500 million in 2018. In 2017, HESINF's
peer EQT Midstream Partners (EQM; BBB-) posted approximately $700
million of EBITDA.

The basin served is also a factor in setting the rating for a
gathering and processing company. HES (BBB-/Negative) provide
strong revenue assurance terms in its subsidiaries' contracts with
HESINF. Since HES, which does business around the globe, credit
quality is partly driven by its operations in North Dakota, the
performance of this producing region is relevant. North Dakota's
Bakken formation overall (and HES is representative) has shown
solid growth since mid-2017. The outlook is good for continued
growth, as supported by the advent of adequate pipeline
transportation, and producer efficiencies. Yet the outlook is also
informed by the past production profile, and a recognition that
crude oil is a volatile international commodity. Of relevance is
the fact that from about the beginning of 2015 to mid-2017, Bakken
production fell for the industry. For the peer EQM, its basin, the
Marcellus basin, showed strong growth throughout a period of low
natural gas prices that began in 2012.

Leverage for HESINF and EQM have both historically been strong for
their ratings, with both companies in a range around 2.0x leverage
historically. Leverage is a lesser driver of ratings for companies
like these, compared to size and basin production track record.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Its Rating Case for the Issuer

  -- Fitch price deck for Brent crude oil, which includes a $65 per
barrel price for 2019.

  -- Oil gathering revenues reflect oil production that is at or
below the Oil gathering MVC level for 2019.

  -- Capital expenditures in the 2018-2020 period are generally for
additional well-connects. 2018 capital expenditures will encompass
construction of the Little Missouri 4 natural gas processing plant,
related compression, and well-connects.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action

  -- Positive rating action for HES.

  -- A significant acquisition which diversifies the company's
business risk, provided that leverage is commensurate with the
risks involved in the new business that is established.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action

  -- Negative rating action for HES.

  -- GIP exits HESINF and the new ownership structure vests in HES
all of HESINF's special board decisions.

  -- Adverse changes in certain terms in the array of HESINF's
contracts.

  -- Adjusted leverage rising above 4.0x on a sustained basis in
the context of HESINF maintaining its current size.

LIQUIDITY

HESINF has ample liquidity. Capital expenditure plans are expected
to support organic growth opportunities to its existing systems,
and management anticipates funding these cash on hand or using the
company's $600 million revolver due 2022. Maturities are
manageable, with the company's only obligation in the next five
years is to keep a step-up amortization schedule on the $200
million term loan of 0% in year one to 10% in year five.
Additionally, Hess Midstream Partners, LP, the publicly traded
entity within the Hess Infrastructure corporate structure,
maintains a $300 million Revolver that matures in March 2021, which
is another source of funding for capital expenditures and operating
activities for the same pool of assets. As of Sept. 30, 2018, this
facility remains undrawn. During its quarterly earnings call for
3Q18, HESM reported that it has maintained a very strong liquidity
profile and has not tapped its revolver, and is focused on funding
its growth capex plans primarily with retained cash.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

Hess Infrastructure Partners, LP

  -- Long-term IDR at 'BB';

  -- Senior secured term loan A at 'BB+'/'RR1';

  -- Senior secured revolving credit facility at 'BB+'/'RR1';

  -- Senior unsecured notes at 'BB'/'RR4'.

The Rating Outlook is Negative.



HH & JR: Unsecureds to Get $1,300 Quarterly for 5 Years
-------------------------------------------------------
HH & JR, INC. d/b/a One Stop, filed a plan of reorganization and
accompanying disclosure statement.

The Debtor owns and operates a convenience and check cashing store
located at 7459 South Military Trail, Suite A, Lake Worth, Florida
33463.

On June 28, 2017 the Debtor entered into an agreement to purchase a
retail liquor license to sell "package goods" for a total
consideration of $100,000 pursuant to the following terms:
$20,000.00 down and the balance of $80,000.00 at 12% interest,
amortized over 10 years with monthly payments of $1,147.77 until
July 1, 2022, at which a balloon payment of $52,745.53 becomes due.
The loan is secured by a UCC-1 filed against the liquor license.

The Debtor's Plan provides for an additional month’s payment of
$1,147.77 and then a balloon payment of $51,597.76 on August 1,
2022 (Class 1). This class is impaired.

Class 3 consists of all Allowed Unsecured Claims against the
Debtor. In full satisfaction of their claims, the unsecured
creditors will share pro rata quarterly payments of $1,300.00 for a
period of five years following the Effective Date, for a total of
$26,000.  The Debtor will pay $800.00 of the quarterly payment and
the Debtor's principal will pay $500 of the quarterly payment.

The Debtor borrowed approximately $263,000 from four "hard money
lenders" to finance his expansion of the business. In the original
bankruptcy, of the four lenders, only LG Funding, LLC filed a proof
of claim (POC-1) for $68,669.25. The claims of the four "hard money
lenders" (Capital Advance Services LLC; Rapid Advance; Richmond
Capital Group and LG Funding, LLC) were, and are again, all
scheduled as contingent, unliquidated and disputed. The President
of the Debtor has personally guaranteed all of these loans.

Included in the unsecured class is the claim of the US Trustee for
$89,000.00 for fees owed from the prior bankruptcy. The Debtor
could not afford to pay the quarterly fees when the rate increased
to 1% of disbursements for disbursements exceeding a million
dollars per quarter.

A copy of the Disclosure Statement is available at
https://tinyurl.com/ya44qncc from PacerMonitor.com at no charge.

                       About HH & JR, INC.

Headquartered in Lake Worth, Florida, HH & JR Inc., doing business
as One Stop, previously filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 17-19473) on July 27, 2017.

HH & JR Inc. again filed a Chapter 11 bankruptcy petition (Bankr.
S.D. Fla. Case No. 18-23132) on Oct. 23, 2018, disclosing under $1
million in both assets and liabilities.

Chad T. Van Horn, Esq., at Van Horn Law Group, P.A., serves as
bankruptcy counsel to the Debtor.



HOUGHTON MIFFLIN: Bank Debt Trades at 7% Off
--------------------------------------------
Participations in a syndicated loan under which Houghton Mifflin
Harcourt Publishers Inc. is a borrower traded in the secondary
market at 92.83 cents-on-the-dollar during the week ended Friday,
November 9, 2018, according to data compiled by LSTA/Thomson
Reuters MTM Pricing. This represents an increase of 1.26 percentage
points from the previous week. Houghton Mifflin pays 300 basis
points above LIBOR to borrow under the $80 million facility. The
bank loan matures on May 29, 2021. Moody's rates the loan 'Caa2'
and Standard & Poor's gave a 'B' rating to the loan. The loan is
one of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, November 9.


HUDSON TECH: Enters Into Extension Letter Related to Waiver
-----------------------------------------------------------
Hudson Technologies, Inc. on Nov. 14, 2018, disclosed that it has
entered into an additional Extension Letter related to its interim
Waiver and Second Amendment to its Term Loan Credit and Security
Agreement.  The Extension Letter extends to November 21, 2018 the
delivery deadline for the Company to provide the Term Loan Lenders
with a certificate setting forth the total leverage ratio as of the
four fiscal quarter period ended September 30, 2018.

Additional details regarding the Extension Letter can be found in
the Form 8-K to be filed with the Securities and Exchange
Commission.

                    About Hudson Technologies

Hudson Technologies, Inc. -- http://www.hudsontech.com/-- is a
provider of innovative and sustainable solutions for optimizing
performance and enhancing reliability of commercial and industrial
chiller plants and refrigeration systems.  Hudson's proprietary
RefrigerantSide [(R)] Services increase operating efficiency,
provide energy and cost savings, reduce greenhouse gas emissions
and the plant's carbon footprint while enhancing system life and
reliability of operations at the same time.  RefrigerantSide [(R)]
Services can be performed at a customer's site as an integral part
of an effective scheduled maintenance program or in response to
emergencies.  Hudson also offers SMARTenergy OPS [(R)], which is a
cloud-based Managed Software as a Service for continuous
monitoring, Fault Detection and Diagnostics and real-time
optimization of chilled water plants.  In addition, the Company
sells refrigerants and provides traditional reclamation services
for commercial and industrial air conditioning and refrigeration
uses.


IDEANOMICS INC: Reports $7.44 Million Net Loss for Third Quarter
----------------------------------------------------------------
Ideanomics, Inc. has filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q reporting a net loss
of $7.44 million on $43.70 million of revenue for the three months
ended Sept. 30, 2018, compared to a net loss of $3 million on
$30.22 million of revenue for the three months ended Sept. 30,
2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $19.86 million on $362.62 million of revenue compared
to a net loss of $5.30 million on $106.72 million of revenue for
the same period during the prior year.

As of Sept. 30, 2018, Ideanomics had $167.72 million in total
assets, $123.10 million in total liabilities $1.26 million in
convertible redemable preferred stock, and $43.35 million in total
equity.

Cost of revenues was $42.8 million for the quarter ended Sept. 30,
2018, as compared to $28.3 million for the quarter ended Sept. 30,
2017.  The Company's cost of revenues increased by $14.6 million,
which is in line with its increase in revenues.

Gross profit for the quarter ended Sept. 30, 2018 was approximately
$0.9 million, or 2.0%, as compared to a gross profit of $2.0
million, or 6.5%, during the same period in 2017, a decrease of
approximately $1.1 million, or -56%, mainly due to a decrease of
the gross profit ratio of the Company's consumer electronics
business as compared to the same period in 2017.

Selling, general and administrative expense for the third quarter
was $4.3 million as compared to $3.7 million for the same period in
2017, an increase of approximately $0.6 million or 18%.  The
majority of the increase was due to the Company's efforts in
building out its management team in the U.S. and investing in
establishing its fintech infrastructure as part of its
transformation year.

Professional fees for the three months ended Sept. 30, 2018 were
$1.9 million as compared to $0.8 million for the same period in
2017, an increase of approximately $1.1 million.  The increase was
related to public company reporting and governance expenses, as
well as legal fees related to the Company's business transformation
and expansion and the continued build out of its technology
ecosystem, establishing strategic partnerships, deal origination,
and strategic M&A activity.  The majority of the increase was due
to required professional services for legal, audit and tax.

Loss per share for the three months ended Sept. 30, 2018 was $0.10
per share, as compared to a loss per share for same period in 2017
of $0.05 per share.  As of Sept. 30, 2018, the company had cash of
$15.7 million, total assets of $167.7 million, total equity of
$43.4 million.

Over the past three quarters Ideanomics has been able to continue
its transformation from its legacy business, with a goal of
becoming a prominent player for fintech services and asset
digitization through establishing a global network of financial
technology, user community, and digital asset production.  The
Company's team of seasoned digital strategists and technology
leaders is key to the success of the Ideanomics transformation to
become further "Westernized," and the Company believes that this
will assist in unlocking blockchain related revenue for 2019.  The
Company has several signed customer revenue deals in its pipeline,
and its product and tech teams are diligently building out these
new digital products to unlock this revenue in the near term and
position the company towards a strong 2019.

"The strain on our bottom line performance is primarily a result of
the investments needed for our transformation, as well as a delay
in products we intended to release to the market in Q4 2018. We
have addressed the issues and believe we have positioned the
products for a successful launch in early 2019.

"We are committed to these successful product launches, which will
be done in a regulatory and compliant manner, while continuing to
enhance our deal origination and customer pipeline activities well
into 2019.  We believe that these deals have the potential to
derive significant revenues and prove the long-term viability of
our business model," said Ideanomics in a press statement.

During the third quarter, the Company continued to focus on
right-sizing the staffing levels of its legacy business, in
addition to hiring a best-in-class executive team capable of
positioning the business to be competitive and successful in the
continued evolution of its business in 2019.  Costs associated with
building out our U.S. infrastructure and hiring our new executive
team have put a strain on its bottom line performance, resulting in
its increased net loss for the third quarter of 2018 as compared to
the third quarter of 2017.  As a result of these factors, the
Company does not anticipate meeting its EBITDA guidance of $35
million for fiscal year 2018.

Further, Ideanomics announced it has received its new trading
letters.  Effective Nov. 14, 2018, the Company will trade on the
Nasdaq Capital Market under the ticker symbol "IDEX."

A full-text copy of the Form 10-Q is available for free at:

                    https://is.gd/mnoxrw

                      About Ideanomics

Ideanomics, formerly Seven Stars Cloud Group, Inc., seeks to become
a next generation fintech company by leveraging blockchain and
artificial intelligence technologies.  The Company is headquartered
in New York, NY, and has planned a "Fintech Village" Center for
Technology and Innovation in West Hartford, CT, and have offices in
London, Hong Kong and Beijing, China.

Seven Stars reported a net loss of $10.19 million for the year
ended Dec. 31, 2017, compared to a net loss of $28.50 million for
the year ended Dec. 31, 2016.  As of June 30, 2018, Seven Stars had
$153.57 million in total assets, $117.53 million in total
liabilities, $1.26 million in convertible redeemable preferred
stock, and $34.77 million in total equity.

B F Borgers CPA PC's report on the consolidated financial
statements for the year ended Dec. 31, 2017, contains an
explanatory paragraph expressing substantial doubt regarding the
Company's ability to continue as a going concern.  The auditors
stated that the Company incurred recurring losses from operations,
has net current liabilities and an accumulated deficit that raise
substantial doubt about its ability to continue as a going concern.


IMPERIAL MERGER: Moody's Assigns B3 CFR, Outlook Stable
-------------------------------------------------------
Moody's Investors Service assigned a B3 Corporate Family Rating to
Imperial Merger Sub, Inc. Imperial is an entity set up by private
equity firm Thoma Bravo to acquire publicly traded Imperva, Inc.
Moody's also assigned a B2 ratings to the company's proposed first
lien debt and a Caa2 to the company's proposed second lien debt.
The ratings outlook is stable.

Ratings Rationale

The B3 Corporate Family Rating reflects the company's very high
leverage at close, offset to some degree by the company's
leadership position across web application firewall, distributed
denial of service, and runtime application self-protection markets
and strong growth prospects. Moodys' calculated cash EBITDA based
leverage excluding certain one time historic costs is approximately
9x at closing but under 7x including expected cost reductions.
Traditional measures of leverage are substantially higher. Trailing
free cash flow is not sufficient to cover the proposed interest
expense. If not for the high growth prospects, the ratings would
likely be lower.

Given Imperva's high single digit or greater growth potential,
leverage could decline below 7x (on a cash EBITDA basis) and free
cash flow (before restricted stock payments) to debt could surpass
5% within 18-24 months of closing. The company has grown revenue at
approximately 14% CAGR since 2015. Imperva is a leading provider of
WAFs, DDoS and RASP security products. These cybersecurity markets
are expected to grow at high single digit or greater rates as the
number of corporate applications and databases that need to be
protected and the need to quickly analyze potential threats
continue to grow.

The stable ratings outlook is based on the expectation that growth
will continue and metrics will improve materially over the next
18-24 months. The ratings could be upgraded if the company
maintains its strong growth profile, cash based leverage is below
6x and free cash flow to debt is greater than 7%. The rating could
be downgraded if growth slows significantly, free cash flow is
expected to be negative or cash based leverage is greater than 8x
on other than a temporary basis.

Liquidity is expected to be good based on an estimated $195 million
of cash at closing, an undrawn $100 million revolver and breakeven
free cash flow. The company is effectively prefunding cash at close
to cover approximately $33 million of restricted stock units
payments that will vest each year over the next four years.

Assignments:

Issuer: Imperial Merger Sub, Inc.

Probability of Default Rating, Assigned B3-PD

Corporate Family Rating, Assigned B3

Senior Secured First Lien Term Loan, Assigned B2 (LGD3)

Senior Secured First Lien Revolving Credit Facility, Assigned B2
(LGD3)

Senior Secured Second Lien Term Loan, Assigned Caa2 (LGD5)

Outlook, Assigned Stable

The principal methodology used in these ratings was Software
Industry published in August 2018.

Imperva is provider of security products that protect applications
and databases from cyber-attacks. The company, based in Redwood
Shores, CA, had revenues of approximately $352 million for the
twelve months ended September 30, 2018.


INNA DANCE: Unsecured Creditors to Get $3,600 Over 3 Years
----------------------------------------------------------
Inna Dance Studio, Inc., filed with the U.S. Bankruptcy Court for
the Southern District of Florida, Fort Lauderdale Division, a
disclosure statement explaining its Chapter 11 plan.

Upon the effective date of the Plan, Inna Maor will remain a 100%
equity shareholder in the newly reorganized Debtor.  She will pay
$100 per month for the benefit of the general unsecured creditors,
pari passu, over a 36-month period starting on the Effective date
of the Plan.  The total of $3,600 will be distributed quarterly
over the three year length of the Plan.

Class 1 consists of the secured and impaired claim of Ally Bank.
Class 1 claim is secured by the Debtor’s 2012 Ford E350 Van.  The
Debtor proposes to treat said claim as totally secured in the
amount of $12,367.36.  Repayment shall be based upon the existing
contract, with interest rate of 6.79% with equal monthly principal
and interest payments of $344.62.  The maturity date is March 4,
2021.  Payments will made to Ally Bank, PO Box 78367, Phoenix, AZ
85062.  There are accrued finance charges of $57.24 which will be
paid in 2 monthly installments.

Class 3 consists of the 3 allowed unsecured general claims totaling
$20,912.  The Class 3 Creditors shall share a total prorate
distribution of $3,600, which shall be paid by the principal of the
Debtor, at the rate of $100 per month, which will be distributed
over three years in 12 quarterly payments totaling $300 per
quarter, with the first payment due on the first day of the month
following the Effective Date of the Plan, and continuing on the
first day of every quarter thereafter.

Based upon the distribution amount of $3,600, allowed unsecured
claimants will receive a distribution of approximately 17.21%.
This distribution is higher than what allowed general unsecured
claimants would receive in a hypothetical Chapter 7.

On the Effective Date, all property of the Debtor’s Estate,
including all real and personal property interests, shall vest in
the Debtor.

The funds to make the initial payments will come from the Debtor's
Bank account.  Funds to be used to make cash payments pursuant to
the Plan shall derive from the Debtor's income from the Debtor's
employment.

To the extent that the Debtor wishes to prepay any amounts due
under the Plan from exempt assets or other third party sources, the
Debtor reserves the right to do so without penalty and to seek the
entry of a final decree closing this case.  The Debtor, as
reorganized, will retain and will be revested in all property of
the Estate, excepting property which is to be sold or otherwise
disposed of as provided herein, executory contracts which are
rejected pursuant to the Plan and property transferred to Creditors
of the Debtor pursuant to the expressed terms hereof.  The retained
property shall be used by the Debtor in the ordinary course of the
Debtor's personal affairs.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y7n4jt8y from PacerMonitor.com at no charge.

            About Inna Dance Studio Inc.

Inna Dance Studio, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 17-24219) on November
29, 2017.  Inna Maor, its president, signed the petition.

At the time of the filing, the Debtor disclosed that it had
estimated assets and liabilities of less than $50,000.

Judge John K. Olson presides over the case.  Van Horn Law Group,
P.A. is the Debtor's bankruptcy counsel.


JAMES W. GAMBLE, JR.: Heritage Buying 10K Bank Shares for $40K
--------------------------------------------------------------
James Walter Gamble, Jr., asks the U.S. Bankruptcy Court for the
Eastern District of Tennessee to authorize the sale of 10,000
shares of stock of Heritage Community Bank to the Bank for
$40,000.

Gamble scheduled his ownership of 11,200 shares of stock in the
Bank and valued the shares at $36,600.  The 10,000 shares of Bank
stock secure a claim of the Bank, which has offered $40,000 for the
10,000 shares.  The Bank has custody of Gamble's Certificate for
10,000 shares of stock.

The Bank will apply the $40,000 sale proceeds as a credit against
Claim No. 10 filed in the amount of $324,876.  The sale will reduce
the Bank's secured claim against Gamble's residence, which Gamble
intends to sell.

Gamble believes the proposed sale is in the best interest of
creditors and the estate.

A hearing on the Motion is set for Nov. 20, 2018, at 9:00 a.m.

Counsel for the Debtor:

          Maurice K. Guinn
          GENTRY, TIPTON & MCLEMORE P.C.
          P.O. Box 1990
          Knoxville, TN 37901
          Telephone: (865) 525-5300
          E-mail: mkg@tennlaw.com

James Walter Gamble, Jr. sought Chapter 11 protection (Bankr. E.D.
Tenn. Case No. 17-51401) on Aug. 23, 2017.  The Debtor tapped
Maurice K. Guinn, Esq., at Gentry, Tipton & McLemore P.C., as
counsel.


JENNIE STUART: Fitch Affirms BB+ IDR, Outlook Stable
----------------------------------------------------
Fitch Ratings has assigned a 'BB+' Issuer Default Rating to Jennie
Stuart Medical Center, KY. Fitch has also affirmed the 'BB+' rating
for the following County of Christian, Kentucky, hospital revenue
bonds issued on behalf of Jennie Stuart Medical Center:

  -- $62.9 million hospital revenue series 2016.

The Rating Outlook is Stable.

SECURITY

The bonds are secured by a pledge of gross revenues, a first
mortgage lien on certain property and a debt service reserve fund.

ANALYTICAL CONCLUSION

The 'BB+' IDR and bond rating reflect JSMC's weaker leverage
position, which is in line with the below investment-grade rating
level. The weak balance sheet is partly offset by JSMC's leading
local market position, albeit in a challenging service area, and
recently improved operating performance driven by cost reduction
measures, Sole Community Hospital designation and Metropolitan
Service Area reclassification. Fitch believes that operations for
JSMC have stabilized though they are expected to continue to be
limited by modest revenue growth opportunities in an economically
challenged service area. Despite a high portfolio sensitivity due
to its asset allocation, JSMC's financial profile is adequate for
the current rating level under a forward-looking scenario where a
moderate economic disruption is applied.

KEY RATING DRIVERS

Revenue Defensibility: 'bbb'; Leading Market Position in
Challenging Service Area

JSMC's revenue defensibility is mid-range. The service area is
economically challenged, which is reflected in a payor mix where
Medicaid and self-pay totaled 28.3% of gross revenues as of Jun.
30, 2018. However, JSMC maintains a SCH designation and has a
leading market share of 63% in its primary service area (PSA),
which is significantly higher than its nearest competitor.

Operating Risk: 'bbb'; Improved Operating Performance

The midrange assessment reflects improved operating performance
since JSMC attained its SCH designation and reclassification into
the Nashville MSA, both occurring in fiscal 2016. In addition, JSMC
has been able to reduce expenses with implemented cost reduction
strategies starting in fiscal 2015. Average age of plant is
elevated and may increase further as capital spending is limited
going forward, although the lack of competition within the PSA
somewhat mitigates the concerns over the lower capital spending.

Financial Profile: 'bb'; Adequate Financial Profile throughout the
Cycle

JSMC's financial profile is assessed as weak with cash to adjusted
debt averaging 55% throughout the rating case and net adjusted debt
to adjusted EBITDA remaining positive (unfavorable) at about 3.4%
in the outer recovery years in Fitch's rating case. A main driver
of weakened financial performance during the rating scenario is
JSMC's aggressive asset allocation, which consists of 54% equites.

Asymmetric Additional Risk Considerations

No asymmetric factors were applied in this rating determination.

RATING SENSITIVITIES

BELOW INVESTMENT GRADE LEVERAGE METRICS: Fitch expects that Jennie
Stuart Medical Center will continue to operate at margins similar
to levels in fiscal 2017 and fiscal 2018 (annualized). Even at
these improved operating margin levels in the forward look, the
balance sheet continues to reflect a high debt burden that suggests
JSMC's overall IDR and revenue rating are likely to remain below
investment grade during the current outlook period. Although not
expected at this time, the operating risk would be assessed as
'weak' in the future if JSMC does not maintain operating EBITDA
margins of around 7%, which could pressure the current rating.
Additionally, any material capital outlays that exceed cash flow
and reduce cash may further pressure cash to adjusted debt and the
current rating.

CREDIT PROFILE

JSMC is a 194-licensed bed (139-staffed bed) inpatient acute care
hospital located in Hopkinsville, KY, approximately 70 miles north
of Nashville, TN and 40 miles south from Madisonville, KY. JSMC had
total operating revenues of $126.6 million in fiscal 2017.

Revenue Defensibility

JSMC's revenue source characteristics are consistent with a weak
assessment, as Medicaid accounted for 25.2% of the gross payor mix
and self-pay another 3.1% as of Sept. 30, 2018. Combined levels
have averaged about 27% since the state's Medicaid expansion in
2014.

JSMC received SCH status in April of 2016 and received approval for
reclassification into the Nashville MSA effective October 2016,
which increased its wage class index reimbursement level. These
changes have translated into an annual average of $1.2M in
additional net revenues.

Christian, Todd and Trigg Counties make up JSMC's primary service
area (PSA). In fiscal 2017, those counties accounted for
approximately 90% of JSMC's total admissions. JSMC's PSA market
share was a leading 63.2% in fiscal 2017, down slightly from 66.7%
in 2015 with JSMC experiencing further lower inpatient and
outpatient volume in 2017.

JSMC became a part of a clinically integrated network in Vanderbilt
Health Affiliated Network in 2016. JSMC works closely with
Vanderbilt Health and receives assistance with several specialty
service lines. Vanderbilt also helps JSMC with recruitment,
physician specialty programs, and provides future strategic
opportunities such as telemedicine.

Fitch believes that utilization will continue to be tempered by low
revenue growth opportunities in an area with modest population
declines. JSMC has been experiencing declining medical and surgical
utilization nine months into fiscal 2018 and has somewhat limited
opportunities to capture additional volume. As indicated by a 63.2%
market share in the PSA, the hospital is already capturing most of
the healthcare service in its market except for higher-acuity cases
that out-migrate to Nashville or Madisonville.

The primary service area for JSMC is within three counties in
southwestern Kentucky. The socioeconomic indicators are generally
weak; however, Fitch expects payor mix to remain stable as
evidenced by fairly consistent level of Medicaid and self-pay over
the last five years. In Christian County, median household income
is on par with the state average but below the national average,
and poverty rates are generally in-line with state averages.
Population of the county has declined 6% over the last five years.

Operating Risk

JSMC's operating EBITDA and EBITDA margins have averaged 5.0% and
7.6%, respectively, over the last four fiscal years and nine months
into fiscal 2018. However, financial results have improved since
fiscal 2015 as evidenced by operating EBITDA and EBITDA margins
averaging 6.3% and 9.4%, significantly above averages of 3.0% and
4.8% in fiscal years 2014 and 2015. Fitch believes that this higher
level of cash flow is sustainable.

Management's improvement efforts over the past two years have
primarily centered on cost reduction and service rationalization at
its employed medical group. Physician contracts were renegotiated
or restructured to reflect current market conditions and
productivity targets. A couple of physician contracts were not
renewed and the hospital is continuing to provide the same level of
clinical offerings with advanced practice providers where possible.
Management continues to focus on further improvement and will
budget with the goal of improving to break-even operations on a
consolidated basis in fiscal 2019. Initiatives for further
improvement are mainly operational and include more efficient
staffing and various quality improvements such as lowering
readmission rates.

JSMC continues to manage expenses of their physician group.
Currently JSMC employs 18 physicians and is focusing more on
stabilization and operations of the network rather than expansion.

JSMC's financial results also improved with the SCH designation
received in April 2016, which enhances Medicare payments and
reclassification into the MSA as of October 2016. These changes
have translated into approximately $1.2 million annually in
additional net revenues. SCH status is currently in effect until
2019; JSMC has re-applied for 2020 and the designation is expected
to be renewed. While Fitch views the designation as favorable given
the additional revenue, there continues to be long-term renewal
risk to these types of programs.

Capital Spending

JSMC has preserved its liquidity position in recent lean cash flow
years by significantly reducing capital spending. Capital spending
averaged approximately 60% of depreciation over the last five
fiscal years, resulting in an increase in the average age of plant
to about 16 years.

After years of low capital investment, JSMC is in the process of
financing two strategic capital initiatives with about $10 million
in remaining series 2016 bond proceeds. These initiatives include a
12-bed inpatient geriatric psych unit (new clinical line); the
project is completed and JSMC expects to admit its first patient by
the end of 2018. The other initiative was the addition of a second
radiation vault at the E.C. Green Cancer Center. The project at the
cancer center will be completed sometime in 2019. This was the
first expansion since construction of the facility in 1990; JSMC
hopes this will stem some of the outmigration of patients who
travel outside the service area for radiation oncology care.

Financial Profile

Fitch utilizes the annualized nine-month (June 30, 2018) interim
consolidated financials to estimate 2018 performance and as the
starting point for the forward look in Fitch's base case. JSMC's
leverage and liquidity metrics are adequate for the current rating
category with cash to adjusted debt of about 66% and net adjusted
debt to adjusted EBITDA of 1.8x in fiscal 2018 (annualized). Fitch
uses debt equivalents from the last audited fiscal-year-end (2017)
of $16.4 million for capitalized operating leases (calculated at a
5.0x multiple), and no additional pension liability as JSMC does
not have a defined benefit plan.

The base case assumes Fitch's expectations of operating EBITDA
margins for JSMC in the range of 7.0%. JSMC has roughly averaged
these margins over the last two years due to various cost reduction
strategies, attainment of the SCH designation, and reclassification
into the Nashville MSA. Fitch expects this range to be attainable
and reasonable for JSMC. Fitch would expect JSMC to maintain its
SCH designation and current MSA classification. However, if these
factors change this would negatively affect JSMC's future
performance. Fitch expects capital expenditures to average 109% of
depreciation throughout the base case. Fitch utilizes the remaining
$10 million of 2016 bond funds in fiscal 2019 in order to fund
capital expenditures, which is primarily for the radiation vault at
the E.C. Green cancer center.

The rating case assumes the standard stress to revenues (two points
lower than the base case year one revenue growth, one point lower
in year two, one point higher in year three and equal to the base
case in years four and five). However, to reflect a realistic
response to the revenue and portfolio stress, capital expenditures
are reduced by 25% from the base case in fiscal 2020 and 2021
reflecting flexibility to reduce or defer certain capital
expenditures during a stress scenario. Fitch believes that this is
reflective of JSMC's cost management practices over the last two
fiscal years. JSMC's investment portfolio experiences moderate
stress of negative 13.7% driven by an aggressive asset allocation
that includes 54% equities as of Aug. 31, 2018.

JSMC's balance sheet weakens during the rating case primarily due
to their aggressive asset allocation, cash to adjusted debt
averages 55% and net adjusted debt to adjusted EBITDA of averages
3.4x in the outer years during recovery.

Asymmetric Additional Risk Considerations

No asymmetric factors were applied in this rating determination.

JSMC had total debt outstanding of $69.5 million as of Sept. 30,
2018. The series 2016 bonds and two small taxable bank notes are
all fixed-rate. JSMC is not a party to any swap agreement or
defined benefit pension plan.


JEP REALTY: The Reisig Buying Lexington Property for $93K
---------------------------------------------------------
JEP Realty, LLC, asks the U.S. Bankruptcy Court for the Eastern
District of Kentucky to authorize the sale of the real property and
the fixtures/improvements thereon located at 275 Newtown Pike,
Lexington, Kentucky to The Reisig Group, LLC, pursuant to their
Offer to Purchase Real Estate Contract for $92,500, free and clear
of all liens, claims, interests, and encumbrances.

Postpetition, the Debtor continued discussions with the Proposed
Buyer that were in place a few months prior to filing.  The Debtor
believes it negotiated a fair price for the Property and it engaged
in offers and counteroffers with the Proposed Buyer to obtain the
current maximum price.  The Debtor has received no other offers or
interest in the Property.

The Property does not generate income for the estate and the sale
of the Property would alleviate the estate of the costs associated
with the Property which is not necessary for an effective
reorganization.

As part of the Proposed Sale, the Debtor asks authority to pay all
customary seller closing obligations as may come due as part of the
sale process.  

Upon information and belief, the Property is subject to or may be
subject to the following liens or interests: (i) Community Trust
Bank Inc. (Mortgage lien) - $ 45,418; (ii) Farm Credit Services of
Mid-America FLCA (Judgment lien- Fayette Co.) - $460,000; and (iii)
LFUCG (Abatement liens-Fayette Co.) - $5,600.

The Debtor proposes to pay creditors from the Purchase Price in
order of priority of liens.  If a title search reveals any prior ad
valorem liens, Debtor requests authority to pay those also 2018
property taxes will be prorated at closing as customary.  It asks
that the relief granted be without prejudice to a carve-out of the
sale proceeds for fees and expenses of its counsel if negotiated
and agreed with applicable liendholders.

The Debtor further asks shortened notice of hearing for the Court's
chapter 7 and chapter 12 docket hour on Nov. 8, 2018 at 9:30 a.m.
as there have been extensive sale negotiations prior to and after
the filing of the bankruptcy and the Proposed Buyer wants to close
as soon as feasible and the Proposed Sale is not opposed by
lienholders on the Property.  The Court's next chapter 11 motion
hour is not until Nov. 28, 2018 and such a delay might cause the
estate to lose the Proposed Sale.

Finally, as time is of the essence to the Proposed Sale, the Debtor
asks that the Court waives the automatic stay of any final order
granting the Motion and order that the final relief requested may
be immediately available upon the entry of the Order approving the
Proposed Sale.

A copy of the Contract attached to the Motion is available for free
at:

    http://bankrupt.com/misc/JEP_Realty_30_Sales.pdf

                        About JEP Realty

JEP Realty, LLC, is a privately held real estate agency in
Lexington, Kentucky.

JEP Realty filed a voluntary petition for relief with the Court
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Ky Case
No. 18-51712) on Sept. 20, 2018.  Judge Tracey N. Wise presides
over the case.  In the petition signed by John E. Pappas, member,
the Debtor estimated $1 million to $10 million in assets and
liabilities.  Jamie L. Harris, Esq., at DelCotto Law Group PLLC, is
the Debtor's counsel.



JIT INDUSTRIES: Secured Creditors to Get 100% Over 60 Months
------------------------------------------------------------
JIT Industries, Inc. filed with the U.S. Bankruptcy Court for the
Northern District of Alabama a first amended disclosure statement
explaining their Chapter 11 plan of reorganization.

Under the Plan, the creditors of the allowed secured claims under
Class 1 will be paid in full over the course of a 60-month term
with interest accruing at the federal default judgment rate, with a
standard amortization schedule for the term. The Debtor estimated a
monthly payment of $1,700.00 for an allowed secured claim of
$100,000.00. Class 1 consists of the secured claim of judgment
creditors Rod Hill, Philip Hill, and Danny Overbee.

On the other hand, the Debtor will begin making monthly payments of
$3,000.00, between all creditors under Class 2, classified as the
general unsecured claims, which will be split on a pro-rata basis
until the sum of 20% of the total allowed claims in this Class are
paid. The claims under Class 2 pertains to that of Harrison Gammons
& Rawlinson, P.C. and the unsecured portion of the Creditors Rod
Hill, Philip Hill, and Danny Overbee.

A full-text copy of the First Amended Disclosure Statement is
available at:

      http://bankrupt.com/misc/alnb18-80892-115.pdf

             About JIT Industries

JIT Industries, Inc., a company based in Hartselle, Alabama,
manufactures, repairs and services fluid power, process control,
mil-spec fasteners and aerospace hardware.

JIT Industries sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ala. Case No. 18-80892) on March 23, 2018.  In
the petition signed by Ginger McComb, president, the Debtor
estimated assets of less than $500,000 and liabilities of $1
million to $10 million.  Judge Clifton R. Jessup Jr. presides over
the case.

The Debtor is represented by Tazewell T. Shepard, Esq., at
Sparkman, Shepard & Morris, P.C., in Huntsville, Alabama.


JOHN DAILEY: McGraw Buying Wilcox Property for $150K
----------------------------------------------------
John R. Dailey, Sr., asks the U.S. Bankruptcy Court for the
Southern District of Alabama to authorize the sale of the tract of
real property located in Wilcox County, Alabama of approximately 3
acres commonly identified as Parcel No. 15020400000100330, to Edgar
McGraw for $150,000.

The Debtor is the owner of the property.  The property is pledged
as collateral securing a debt from the Debtor to Town and Country
National Bank.  Pursuant to his Adequate Protection Agreement with
Town and Country National Bank, the Debtor has listed the described
property for sale.

The Debtor currently has an offer to purchase the property for the
sum of $150,000.  The parties have executed Purchase and Sale
Agreement.  The Debtor believes the offer should be accepted and is
his best interests and his estate.  The property is being sold as
"as is, where is," and free and clear of any liens and
encumbrances.

Any distribution of debt funds from the sale would go toward the
debt of Town and Country National Bank.

A copy of the Contract attached to the Motion is available for free
at:

    http://bankrupt.com/misc/John_Dailey_162_Sales.pdf

John R. Dailey, Sr. and Peggy A. Dailey sought Chapter 11
protection (Bankr. S.D. Ala. Case No. 17-03033) on Aug. 14, 2017.
The Debtors tapped Robert M. Galloway, Esq., at Galloway Wettermark
Everest & Rutens, LLP, as counsel.


KBR INC: S&P Affirms 'B+' Rating on Senior Secured Credit Facility
------------------------------------------------------------------
S&P Global Ratings affirmed its 'B+' issue-level rating on KBR
Inc.'s senior secured credit facility and revised the recovery
rating to '3' from '4'. The '3' recovery rating indicates S&P's
expectation for meaningful (50%-70%; rounded estimate: 50%)
recovery in a default scenario. The facility comprises a $500
million revolving credit facility due 2023, a $500 million
performance LC facility due 2023, a $350 million delayed draw term
loan A due 2023, and an $800 million term loan B due 2025.

The improved recovery expectations reflect that S&P no longer
expects the company to fully draw the $350 million delayed draw
term loan A, which they are using primarily to fund additional
costs on the troubled Ichthys project, resulting in a lower level
of secured debt.

KBR now plans to use the proceeds from its new $350 million 2.5%
convertible senior notes due 2023 (not rated) to fund some of the
costs associated with Ichthys that it had previously intended to
fund with the term loan A. The company will also use the proceeds
from the convertible notes to pay down the outstanding debt on its
revolver and a portion of the term loan A. S&P said, "We expect
that the transaction will reduce KBR's cash interest rate while
increasing its proportion of fixed-rate debt. However, it will not
significantly affect our expectations for the company's peak debt
levels so there is no material impact on our forecasted credit
ratios over the next 12-24 months."

ISSUE RATINGS--RECOVERY ANALYSIS

Key analytical factors

-- S&P has completed its recovery analysis and revised the
recovery rating on KBR's first-lien credit facility to '3' from
'4'. The facility comprises a $500 million revolving credit
facility due 2023, a $500 million performance LC facility due 2023,
a $350 million delayed draw term loan A due 2023, and an $800
million term loan B due 2025. The 'B+' issue-level rating remains
unchanged.

-- Pro forma for the convertible notes issuance, the company's
capital structure will include the $350 million unsecured
convertible notes and our analysis assumes that KBR will draw $243
million on the delayed draw term loan A.

-- S&P has valued the company on a going-concern basis using a
5.0x multiple of our projected emergence EBITDA. Other key
assumptions at default include:

-- LIBOR of 2.5% and the revolver is 85% drawn.
-- Simulated default scenario:
-- Simulated year of default: 2022
-- EBITDA at emergence: $197 million
-- EBITDA multiple: 5.0x

Simplified waterfall:

-- Net enterprise value (after 5% admin. expenses): $790 million
-- Valuation split (obligors/nonobligors): 60%/40%
-- Estimated first-lien claims: $1.48 billion
    --Recovery expectations: 50%-70% (rounded estimate: 50%)
-- Total unsecured claims: $1.15 billion

  RATINGS LIST

  KBR Inc.
   Issuer Credit Rating         B+/Stable/--

  Issue-level Ratings Affirmed; Recovery Ratings Revised
                                To                 From
  KBR Inc.
   Senior Secured               B+                 B+
    Recovery Rating             3(50%)             4(45%)


KIK CUSTOM: Bank Debt Trades at 2% Off
--------------------------------------
Participations in a syndicated loan under which KIK Custom Products
is a borrower traded in the secondary market at 97.60
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.88 percentage points from the
previous week. KIK Custom pays 400 basis points above LIBOR to
borrow under the $80 million facility. The bank loan matures on May
15, 2023. Moody's rates the loan 'B1' and Standard & Poor's gave a
'B-' rating to the loan. The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended Friday, November 9.


LAKE BRANCH: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 cases of Lake Branch II, LLP and Roger & Merle
Nickerson Farms, LLP as of Nov. 14, according to a court docket.

                      About Lake Branch II
                       and Roger & Merle

Lake Branch II, LLP and Roger & Merle Nickerson Farms, LLP are
privately-held real estate lessors based in Wauchula, Florida.
Lake Branch is the fee simple owner of a property located at 7160
E. County Line Road, Bowling Green, Florida, valued by the company
at $2.80 million.  Roger & Merle owns in fee simple a property
located at 3176 Platt Road, Wauchula, Florida, valued by the
company at $360,000.

Lake Branch II and Roger & Merle filed voluntary petition under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case Nos.
18-08539 and Case No. 18-08540, respectively) on Oct. 5, 2018.  In
the petitions signed by Kelly L. Nickerson, general partner, Lake
Branch II disclosed $2,800,887 in assets and $2,785,877 in
liabilities.  Roger & Merle disclosed $360,112 in assets and
$2,780,877 in liabilities.  

Buddy D. Ford, P.A., led by founding partner Buddy D. Ford, serves
as counsel to the Debtors.


LAMINGTON ROAD: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Two affiliates that have filed voluntary petitions seeking relief
under Chapter 11 of the Bankruptcy Code:

    Debtor                                             Case No.
    ------                                             --------
    Lamington Road Designated Activity Company         18-12615
      fka Lamington Road Limited
    Grand Canal House
    2nd Floor Palmerston House
    Fenian Street
    Dublin, Ireland

    White Eagle General Partner, LLC                   18-12614  
    c/o AMS Limited
    The Continental Building
    25 Church St., PO Box Hm265
    Hamilton, Bermuda

Business Description: Lamington Road Designated Activity Company
                      is an Irish section 110 limited company that
                      had been established to acquire, from time
                      to time directly or indirectly, life
                      insurance policies.  The sole shareholder in
                      Lamington Road is Markley Asset Portfolio,
                      LLC.  Lamington Road holds 100% interests in
                      White Eagle General Partner, LLC and
                      99.9% interests in White Eagle Asset
                      Portfolio, LP.  The portfolio of life
                      insurance policies owned by WEAP had a
                      fair value of approximately $568 million as
                      at June 30, 2018.

Chapter 11 Petition Date: November 14, 2018

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Case No.: 18-12615

Judge: Hon. Kevin Gross

Debtor's Counsel: Colin R. Robinson, Esq.
                  PACHULSKI STANG ZIEHL & JONES LLP
                  919 North Market Street, 17th Floor
                  Wilmington, DE 19801
                  Tel: 302-778-6426
                       302-652-4100
                  Fax: 302-562-4400
                  Email: crobinson@pszjlaw.com

Lamington Road's
Estimated Assets: $100 million to $500 million

Lamington Road's
Estimated Liabilities: $100 million to $500 million

White Eagle's
Estimated Assets: $500,000 to $1 million

White Eagle's
Estimated Liabilities: $0 to $50,000

The petitions were signed by Miriam Martinez, chief financial
officer.

Each of Lamington Road and White Eagle stated it has no unsecured
creditors.

Full-text copies of the petitions are available for free at:

          http://bankrupt.com/misc/deb18-12615.pdf
          http://bankrupt.com/misc/deb18-12614.pdf


LIZANDRA LLC: Case Summary & 2 Unsecured Creditors
--------------------------------------------------
Debtor: Lizandra LLC
        801 North Main Street Ext
        Wallingford, CT 06492

Business Description: Lizandra LLC is the fee simple owner of four
                      properties at Powder Horn Condominium
                      having a total total current value of $3.1
                      million.

Chapter 11 Petition Date: November 13, 2018

Court: United States Bankruptcy Court
       District of Connecticut (New Haven)

Case No.: 18-31870

Judge: Hon. Ann M. Nevins

Debtor's Counsel: Joseph J. D'Agostino, Jr., Esq.
                  ATTORNEY JOSEPH J. D'AGOSTINO, JR., LLC
                  1062 Barnes Road, Suite 108
                  Wallingford, CT 06492
                  Tel: (203) 265-5222
                       203-265-5222
                  Fax: 203-265-5236
                  Email: joseph@lawjjd.com

Total Assets: $3,100,000

Total Liabilities: $3,588,000

The petition was signed by Frank Cotrona, member.

A full-text copy of the petition containing, among other items, a
list of the Debtor's two unsecured creditors is available for free
at:

          http://bankrupt.com/misc/ctb18-31870.pdf


LOUIS TELERICO: Novak Buying Aurora Property for $150K
------------------------------------------------------
Louis Anthony Telerico asks the U.S. Bankruptcy Court for the
Northern District of Ohio to authorize the sale of the estate's
interest in a vacant parcel of real property located at 132 Bristol
Drive, Aurora, Ohio, identified by permanent parcel number
03-016-00-00-177-000, to Craig Novak for $150,000.

The Debtor is the Trustee of the Louis A. Telerico 2010 Amended and
Restated Revocable Trust Indenture dated Feb. 1, 2010.  The Trust
amended and restated the Debtor's 2007 Amended and Restated
Revocable Trust dated April 30, 2007, which itself amended and
restated the Debtor's Elaine J. Telerico Revocable Trust dated Nov.
4, 1992.  Under the 2010 Trust indenture all property of the prior
trusts became property of the Trust.

Among the assets titled in the Trust is a house and approximately 2
acres of land at 545 Bristol Dr., Aurora Ohio, identified by
permanent parcel number 03-016-00-00-173-003 and used by the Debtor
as his residence, and three adjacent parcels of land one at the
Bristol Parcel, and Lot 130-A, 130-R, and 133 Glengarry Drive,
Aurora, Ohio 44202 and identified by permanent parcel numbers
03-016-00-00-173-001 and 03-016-00-00-173-002.

The Home has an appraised value of $4 million and the Parcels have
an appraised value collectively of $473,000.  Brad Cromes, the
Treasurer for Portage County Ohio, has a real estate tax lien
against the home in the amount of $424,793 that is a first priority
lien against the Home, a real estate tax lien against the Glengarry
Parcels in the amount of $10,911 and $13,065 that is a first
priority lien against them, and a real estate tax lien against the
Bristol Parcel in the amount of $4,052 that is a first priority
lien against it.

On July 25, 2001, the Debtor executed a promissory note payable to
Bank of America NA ("BOA") in the principal amount of $3 million.
To secure repayment of the Note on or about the same date the Trust
as mortgagor gave to BOA a mortgage interest in the House that is a
second priority lien against it.  On March 31, 2017 BOA filed proof
of claim no. 11 in the Debtor's bankruptcy case asserting that
$3,732,925 was owed on the BOA Note.

On Dec. 4, 2009 the Debtor executed a promissory note payable to
Stifel in the principal amount of up to $400,000.  To secure
repayment of the Note on or about the same date the Trust as
mortgagor gave to Stifel a deed of trust granting it a mortgage
interest in the Real Estate that is a second priority lien against
the Parcels although a third priority mortgage against the House.
On June 14, 2017, Stifel filed two proofs of claim: (i) a secured
claim in the amount of $430,415 for amounts outstanding on the
Stifel Note; secured and perfected by a deed of trust on the Real
Estate, as more fully described in proof of claim number 20 and
related exhibits; and (ii) an unsecured claim in the amount of
$125,157 for amounts outstanding on a promissory note and related
advanced tax payments as more fully described in proof of claim
number 21 and related exhibits.

On Aug. 23, 2011, BOA filed a foreclosure proceeding against the
Debtor in the Portage County Court of Common Pleas styled Bank of
America Nat'l Banking Assoc. v. Louis A. Telerico, et al., Case No.
2011-CV-1105, seeking to foreclose on the BOA Mortgage against the
Home.  In 2013 Stifel filed a motion for summary judgment in the
Foreclosure Action on the Stifel Note which was granted on March 4,
2015.

On Jan. 25, 2018 the Debtor file an adversary proceeding Louis A.
Telerico, Debtor-in-Possession v. Portage County Treasurer et al.
Adv. No. 18-5008.  In the Adversary, the Debtor seeks to determine
the extent, validity and priority of various liens and interests in
the Real Estate, and in particular alleged that with regard to the
Stifel Note and Mortgage his claims exceeded the amount due on the
Stifel Note.

On Feb. 26, 2018, Stifel filed a motion to dismiss the Adversary as
to it based in part on the judgment it obtained in the Foreclosure
Action.  The Debtor opposed Stifel's motion on March 15, 2018 and
it remains pending with the Court.  On June 12, 2018 the Debtor
filed his Plan of Reorganization Version 1.3 of the Debtor.  On
Aug. 2, 2018, Stifel submitted a ballot rejecting the Plan.

In a separate Motion of Louis A. Telerico Debtor and Debtor in
Possession for Authority to Compromise Controversies with Stifel,
Nicolas & Company, Inc., the Debtor asks that the Court approves as
a compromise with Stifel for $125,000 as described in the proposed
settlement agreement attached to the Compromise Motion.  The
proposed compromise will be paid from the net proceeds of sale of
the Parcels, one of which is the subject of the Motion as set forth
and another similar pending motion to sell the lot at Glengary
130-A for $75,000.

The Stifel liens will be released against (i) the Home upon
approval of the proposed compromise and Stifel's receipt of 50% of
the settlement payment; and (ii) the Parcels upon approval of the
proposed compromise and Stifel's receipt of 100% of the settlement
payment.  In addition the Debtor and the estate will release Stifel
from any and all claims, including but not limited to those raised
in the Arbitration, and Stifel will be dismissed from the Adversary
with prejudice pursuant to an agreed upon judgment in the form
attached to the settlement agreement.

In return, Stifel will release the estate from any other claim
other than the $125,000, the Stifel Mortgage will be avoided in its
entirety against the Home (upon receipt of 50% of the settlement
payment), and the Stifel Mortgage in excess of $125,000 against the
Parcels will be avoided upon Stifel's receipt of 100% of the
settlement payment.  The Plan will be modified to reflect these
agreements and Stifel will vote to accept the modified plan.

The Debtor proposes to sell the Bristol Parcel for $150,000, free
and clear of all liens, claims and encumbrances, on the terms and
conditions set forth in the offer to purchase from the Buyer who
seeks to purchase the Bristol Parcel in good faith.  The title to
the Bristol Parcel is in the name of the Trust.  The Debtor is both
the trustee and settlor of the Trust which is revocable at the
Debtor's discretion.

The only interest superior to the Stifel Mortgage in the Bristol
Parcel is the lien for real estate taxes.  The Bristol Parcel has
been listed for sale with a broker since May 2017.  The Portage
County Auditor's 2017 market appraisal is $157,000, and his
proposed fair market appraisal for the Bristol Parcel for 2018 is
$189,000.  Stifel as holder of the superior mortgage against the
Bristol Parcel, consents to the sale free of its interest.

Many of the interests in the Bristol Parcel are in bona fide
dispute.  As the remaining interests are junior in priority to the
Stifel Mortgage, the holder of any interest in the Bristol Parcel
may be compelled in a legal or equitable proceeding to accept a
money satisfaction of such interest.

In order to provide adequate protection of any interest in the
Bristol Parcel, the real estate taxes through the date of closing
will be paid to Portage County Treasurer.  There is also due a real
estate broker commission of 7% and the usual and customary closing
costs and prorations.

After payment of these amounts the remaining amount will be paid to
Stifel to satisfy any remaining balance due it under the Compromise
Motion.  All other interests in the Bristol Parcel will be
determined by a later order of the Court, in accordance with the
respective rights and priorities of the holders of any interest in
the Bristol Parcel, as such right appears and is entitled to be
enforced against the Bristol Parcel, the Estate or the Debtor under
the Bankruptcy Code or applicable non-bankruptcy law.  Therefore
the Bristol Parcel may be sold free of any interest of any other
entity.

A copy of the Contract attached to the Motion is available for free
at:

   http://bankrupt.com/misc/Louis_Telerico_172_Sales.pdf

Louis Anthony Telerico sought Chapter 11 protection (Bankr. N.D.
Ohio Case No. 17-50236) on Feb. 5, 2017.  The Debtor tapped
Frederic P. Schwieg, Esq., as counsel.



LUBY'S INC: Reports Q4 Loss from Continuing Operations of $1.9M
---------------------------------------------------------------
Luby's, Inc., announced unaudited financial results for its 52-week
fiscal year 2018 and its twelve-week fourth quarter fiscal 2018,
which ended on Aug. 29, 2018.

Fiscal Year 2018 Summary:

   * Total sales were $365.2 million, including $332.5 million in
     restaurant sales, compared to total sales of $376.0 million,
     including $350.8 million in restaurant sales, in fiscal 2017.

   * Total same-store sales decreased 0.5%, including a 1.5% sales

     increase at the Luby's Cafeterias and a 3.6% sales decrease
     at Fuddruckers.

   * Culinary contract services revenue increased $7.8 million, or

     43.7%, to $25.8 million compared to fiscal 2017.

   * Loss from continuing operations was $33.0 million, or $1.10
     per diluted share, in fiscal 2018, compared to a loss of
     $22.8 million, or $0.77 per diluted share, in fiscal 2017.
     Excluding special items, loss from continuing operations was
     $19.4 million, or $0.65 per diluted share, in fiscal 2018,
     compared to a loss of $5.8 million, or $0.19 per diluted
     share, in fiscal 2017.

   * Adjusted EBITDA was less than $0.1 million in fiscal 2018
     compared to $13.3 million in fiscal 2017.

   * The company announced an asset sales program of $25 million
     in April 2018 and expanded this program up to $45 million in
     July 2018, with the goal of reducing our debt balance.  Ten
     owned property locations were sold in fiscal 2018 (eight
     after the announcement of the program) generating $14.8
     million in net cash proceeds.

   * 21 underperforming company-owned restaurants were closed in
     fiscal 2018 and nine were closed in fiscal 2017.  These
     restaurants accounted for $3.3 million in pre-tax loss, or
     $2.4 million in after-tax loss, from continuing operations,
     in fiscal 2018.  These same 30 restaurants accounted for
     $21.6 million in restaurant sales in fiscal 2018 and $38.6
     million in fiscal 2017.

Chris Pappas, president and CEO, commented, "While we are not
pleased with our financial results in the quarter or the fiscal
year, we are taking actions to improve our financial results and
restaurant operating performance.  Over the past several months we
have embarked on a number of significant changes.

"We continued our plan to pay down our debt significantly, by
selling company-owned restaurants whose property values exceeded
the unit economics of continued restaurant operations at the
locations.  We sold 10 properties in fiscal 2018 generating $14.6
million in proceeds, which is approximately 25% of the value of the
assets in our asset sales program.  As we execute on the asset
sales program, we are also pursuing a refinancing of our debt under
a new credit facility.

"We continually review our portfolio of owned and leased restaurant
locations, evaluating them on profitably.  Based on that metric we
have closed 21 restaurants in fiscal 2018.  Along with the
restaurant closures, asset sales program and pending refinancing,
we have also made reductions in certain corporate support staffing
in the fourth quarter.

"Last month we announced an important executive management change,
with the promotion of Todd Coutee to the position of Chief
Operating Officer.  Todd has over 30 years of experience in food
service.  He started at Luby's as a manager and through the years
has held leadership positions of SVP for Luby's Cafeterias,
Fuddruckers, and Culinary Contract Services.  He is a proven team
leader and sales builder of hospitality operations and we are
excited to have him in this role.

"We believe the right team and leadership are in place to grow our
sales and margins, improve our corporate costs, reduce our debt,
and enhance our returns.  Each step we are taking is with the goal
of establishing a foundation from which the company is poised for
future profitability."

Fourth Quarter Same-Store Sales:

   * Luby's Cafeterias same-store sales increased 3.9% in the
     fourth quarter.  A 10.3% increase in average spend per guest
     was partially offset by a 5.8% decrease in guest traffic.

   * Fuddruckers Restaurants same-store sales decreased 3.9% in
     the fourth quarter.  A 8.3% decrease in guest traffic was
     partially offset by a 4.8% increase in average spend per
     guest.

   * Combo location same-store sales (representing all six Combo
     locations) decreased 1.5% in the fourth quarter.

   * Cheeseburger in Paradise same-store sales (representing two
     Cheeseburger in Paradise locations) decreased 4.4% in the
     fourth quarter.

Fourth Quarter Total Restaurant Sales:

   * Restaurant sales in the fourth quarter decreased to $75.8
     million versus $79.1 million in the fourth quarter fiscal
     2017.  The decrease was due primarily to the closure of 21
     stores, partially offset by a 1.2% increase in same-store
     sales.

   * Store level profit, defined as restaurant sales plus vending
     revenue less cost of food, payroll and related costs, other
     operating expenses, and occupancy costs, was $8.2 million, or

     10.8% of restaurant sales, in the fourth quarter compared to
     $8.6 million, or 10.8% of restaurant sales, during the fourth

     quarter fiscal 2017.

   * Culinary Contract Services revenues increased to $6.4 million

     with 28 operating locations at the end of the fourth quarter
     compared to $5.8 million with 25 operating locations at the
     end of fourth quarter fiscal 2017.

   * Franchise revenue was approximately level at $1.6 million in
     the fourth quarter and in the fourth quarter fiscal 2017.
     The Company ended fiscal 2018 with a franchise network of 105
     locations; during fiscal 2018 four franchise locations opened

     and a twelve franchise locations ceased operations.

   * Selling, general and administrative expenses increased $1.2
     million, or 13.9%, to $9.5 million in the fourth compared to
     fourth quarter fiscal 2017.  This increase included one-time
     employee separation costs and higher professional and
     consulting fees related to our refinancing efforts.

   * Loss from continuing operations was $1.9 million, or a loss
     of $0.06 per diluted share, in the fourth quarter compared to

     a loss of $4.1 million, or $0.14 per diluted share, in the
     fourth quarter fiscal 2017.  Excluding special items, loss
     from continuing operations in the fourth quarter was $3.3
     million, or $0.11 per diluted share, compared to a loss of
     $1.5 million, or $0.05 per diluted share, in the fourth
     quarter fiscal 2017.

Balance Sheet and Capital Expenditures

The Company ended the fourth quarter with a debt balance
outstanding of $39.3 million, a decrease from $44.0 million at the
end of the third quarter fiscal 2018.  During the fourth quarter,
its capital expenditures were $1.5 million, compared to $2.4
million in the fourth quarter fiscal 2017.  For the full year,
capital expenditures were $13.2 million for fiscal 2018, compared
to $12.5 million for fiscal 2017.  At the end of the fourth
quarter, the Company had $3.7 million in cash and $112.6 million in
total shareholders' equity.

                          About Luby's

Houston, Texas- based Luby's, Inc. (NYSE: LUB) --
http://www.lubysinc.com/-- operates 146 restaurants nationally as
of Aug. 29, 2018: 84 Luby's Cafeterias, 60 Fuddruckers, two
Cheeseburger in Paradise restaurants.  Luby's is the franchisor for
105 Fuddruckers franchise locations across the United States
(including Puerto Rico), Canada, Mexico, the Dominican Republic,
Panama and Colombia.  Additionally, a licensee operates 36
restaurants with the exclusive right to use the Fuddruckers
proprietary marks, trade dress, and system in certain countries in
the Middle East. The Company does not receive revenue or royalties
from these Middle East restaurants.  Luby's Culinary Contract
Services provides food service management to 28 sites consisting of
healthcare, corporate dining locations, and sports stadiums.

Luby's reported a net loss of $23.26 million for the year ended
Aug. 30, 2017, compared to a net loss of $10.34 million for the
year ended Aug. 31, 2016.  As of June 6, 2018, the Company had
$208.95 million in total assets, $94.91 million in total
liabilities, and $114.03 million of total shareholders' equity.

The Company sustained a net loss of approximately $14.6 million and
approximately $31.7 million in the quarter ended and three quarters
ended June 6, 2018, respectively.  Cash flow from operations has
declined to a use of cash of approximately $4.9 million in the
three quarters ended June 6, 2018.  The working capital deficit is
magnified by the reclassification of the Company's approximate
$44.0 million debt under it's Credit Agreement from long-term to
short-term due to the debt's May 1, 2019 maturity date.  As of June
6, 2018, the Company was in default of certain of its Credit
Agreement financial covenants.

"The Company's continuation as a going concern is dependent on its
ability to generate sufficient cash flows from operations to meet
its obligations and obtain alternative financing to refund and
repay the current debt owed under it's Credit Agreement.  The above
conditions raise substantial doubt about the Company's ability to
continue as a going concern," Luby's stated in its Quarterly Report
for the period ended June 6, 2018.


M & G USA: Unsecured Claimants' Projected Recovery Decreases to 4%
------------------------------------------------------------------
M & G USA Corporation, et al., filed with the U.S. Bankruptcy Court
for the District of Delaware an amended disclosure statement and
amended joint Chapter 11 plan of liquidation.  

Among the salient changes in the Amended Plan, as contained in the
redline documents, include:

   * Claim No. 4 is now known as "Corpus Christi Mechanics' Lien
Reserve Claims."

   * Claim No. 5 is now known as "Comerica Claims" instead of the
previous name "Secured Comerica Claims."  The Comerica Claims shall
be Allowed in the aggregate amount of the Comerica Obligations, to
the extent not previously paid in Cash.  Each Holder of an Allowed
Comerica Claim will be entitled to: (1) such Holder's Pro Rata
share of the proceeds of the Comerica Collateral Accounts; (2) to
the extent that such Claims remain unsatisfied, such Holder's Pro
Rata share of the proceeds of the Comerica Adequate Protection
Liens, up to the amount of Diminution in Value suffered by such
Holder, as determined by the Bankruptcy Court; and (3) to the
extent that such Claims still remain unsatisfied, Cash paid by the
Estates in the amount of such Holder's Comerica Adequate Protection
Superpriority Claim, up to the amount of Diminution in Value
suffered by such Holder, as determined by the Bankruptcy Court;
provided that, to the extent the funds in the Estates are not
sufficient to pay the Comerica Adequate Protection Superpriority
Claim in full, the Comerica Adequate Protection Superpriority Claim
shall be paid from the Unsecured Claims Pool or, after the
Effective Date, the Litigation Trust Assets.  Comerica shall retain
all Liens, including the Comerica Adequate Protection Liens, and
Administrative Claims, including the Comerica Adequate Protection
Superpriority Claim, granted to it under the Comerica Credit
Documents and the Cash Collateral Final Order until the Comerica
Claims have been irrevocably paid and satisfied in full in Cash.
Until the Comerica Claims have been irrevocably paid and satisfied
in full in Cash, the provisions of, and the rights granted to
Comerica in, the Final Cash Collateral Order shall remain in full
force and effect, and the Comerica Collateral Accounts shall remain
under the exclusive custody and control of Comerica, in each case,
notwithstanding anything else in the Plan, Confirmation Order,
Litigation Trust Agreement or otherwise.

   * The estimated aggregate allowed amount for Claim No. 6 is now
$57,300, plus, to the extent not previously paid, monthly 9%
interest thereon commencing August 1, 2018.

   * The projected Plan recovery for Class 8 General Unsecured
Claims is now 4%.

   * Regarding Corpus Christi Mechanics' Lien Claims, in April
2013, the Debtors began construction on the Corpus Christi Plant.
Substantially all of the construction work on the Corpus Christi
Plant was furnished through one of two entities -- Sinopec or
Debtor Chemtex -- that contracted directly with M&G Resins.
Nevertheless, numerous other contractors, subcontractors and third
parties provided services, materials or labor in connection with
the construction of the Corpus Christi Plant, and together with
Sinopec and Chemtex, have asserted mechanics' and materialmen's
lien claims under Texas law for amounts allegedly owing and unpaid
as of the Petition Date.  For purposes of establishing the Corpus
Christi Mechanics' Lien Reserve more fully described in Section
IV.E.5.c, the U.S. Debtors estimated that the aggregate asserted
amount of such Claims, reconciled solely to eliminate duplicated
liabilities, is approximately $350 million, subject to any
counterclaims and defenses that the Estates may have with respect
thereto.

   * In connection with the sale of the Corpus Christi Plant,
however, CEC agreed to extend the maturity of the CEC DIP Facility
through the earlier of the closing of the sale and December 31,
2018.

   * For the avoidance of doubt, the resolution of any Corpus
Christi Cause of Action, whether by settlement or litigation
commenced during the 270 days after the Closing Date, but the
Purchaser in accordance with this Section V.B.8.b shall be binding
upon the Litigation Trust.

   * If the Purchaser does not commence litigation with respect to,
or otherwise resolve, any Corpus Christi Cause of Action against
Sinopec within 270 days of the Closing Date, such Corpus Christi
Cause of Action shall be automatically and irrevocably transferred
to the Litigation Trust in accordance with this Section V.B.8.b.
Thereafter, the Litigation Trust shall fund any prosecution of such
Corpus Christi Cause of Action against Sinopec and shall be
entitled to 100% of any net recovery thereon.

   * No assurance can be provided with respect to any possible
recovery to the U.S. Debtors' Estates from any Corpus Christi Cause
of Action asserted against Sinopec.  Any such litigation may be
expensive and protracted and may occur in a foreign jurisdiction.
The U.S. Debtors anticipate that such litigation likely would
involve numerous disputed issues of fact requiring extensive
discovery and potential expert testimony.  As a result, the U.S.
Debtors cannot predict with certainty the outcome of any such
litigation or any potential recoveries to the U.S. Debtors
Estates.

   * Pension Benefit Guaranty Corporation is a wholly owned United
States government corporation, and an agency of the United States,
that administers the defined benefit pension plan termination
insurance program under Title IV of the Employee Retirement Income
Security Act of 1974, 29 U.S.C. Sections 1301—1461, as amended
(2012 & Supp. IV 2016).  As of the Petition Date, Debtor M&G
Polymers sponsored the M&G Polymers USA LLC Hourly Pension Plan and
the M&G Polymers USA Salaried Employees' Retirement Plan & Trust
(the "Salaried Plan" and, together with the Hourly Plan, the
"Pension Plans").

   * The Pension Plans are single-employer defined benefit plans
insured by PBGC and covered under Title IV of ERISA, 29 U.S.C.
Sections 1301-1461.  The Pension Plans provide retirement benefits
to over 1,084 of the Debtors' employees and their beneficiaries.
The Pension Plans were subsequently terminated and on June 6, 2018,
PBGC was appointed trustee of the Pension Plans.

   * PBGC asserts that (1) each of the other Debtors is a
controlled group member with respect to the Pension Plans and (2)
as a result of the termination of the Pension Plans, each of the
Debtors and any non-Debtor controlled group member is jointly and
severally liable to PBGC for the Pension Plans' unfunded benefit
liabilities, any unpaid minimum funding contributions and any other
liabilities imposed by Title IV of ERISA.  In connection therewith,
PBGC filed the following Proofs of Claim against the Debtors: (1)
Claim Nos. 511 and 548 for estimated unpaid minimum funding
contributions in the amount of $986,845, with respect to the Hourly
Plan, and $146,082, with respect to the Salaried Plan; (2) Claim
Nos. 530 and 532 for termination premiums and post-petition
flat-rate and variable-rate premiums in the amount of
$3,754,977.75, with respect to the Hourly Plan and $440,615.25,
with respect to the Salaried Plan; and (3) Claim Nos. 531 and 549
for unfunded benefit liabilities in the amount of $7,482,668, with
respect to the Salaried Plan, and $25,217,231 with respect to the
Hourly Plan.  PBGC asserts administrative or priority status under
Sections 503(b)(1)(B) and/or 507(a)(1), (4) and (8) of the
Bankruptcy Code with respect to certain of the PBGC Claims.

   * Each of the PBGC Claims was filed against Debtor M&G USA but
deemed filed against every Debtor in the Chapter 11 Cases pursuant
to the Order Approving Stipulation by and Among the Debtors and the
Pension Benefit Guaranty Corporation (Docket No. 1071).

   * Regarding Amendments to the CEC and CCP DIP Facilities,
following the expiration of the CCP DIP Facility on October 2,
2018, the U.S. Debtors had an urgent need for financing pending the
closing of the Corpus Christi Sale and relatedly, confirmation of
the Plan.  The DIP Obligors thus approached the Purchaser to
negotiate an extension of the CCP DIP Facility through closing of
the Corpus Christi Sale, including an increase of the availability
thereunder.  The DIP Obligors were, however, ultimately unable to
reach a long term agreement with the Purchaser prior to October 2,
2018.  Instead, CEC agreed to provide the DIP Obligors with
emergency bridge financing, including by amending the CEC DIP
Facility to permit the DIP Obligors to borrow an additional $2
million of availability thereunder through October 15, 2018.  These
amendments to the CEC DIP Facility were approved by the Bankruptcy
Court on October 3, 2018.

   * Following entry of the Bridge Financing Order, the DIP
Obligors, CEC and the Pre-Petition First Lien Lender, the Purchaser
and the Creditors' Committee, among other parties, agreed to amend
the CCP DIP Facility (together with the CEC DIP Facility, the
Corpus Christi Asset Purchase Agreement and the Bid Support Term
Sheet, among other documents, as described in Section IV.E.3.c).
As amended, the availability under the CCP DIP Facility has been
increased to approximately $80 million, and the maturity of the CCP
DIP Facility has been extended through December 31, 2018.  On
October 19, 2018, the Bankruptcy Court entered an order approving
these amendments pursuant to a stipulation between the parties.

   * In addition to the Italian and Brazilian Settlement
Agreements, on October 9, 2018, the Bankruptcy Court entered an
order approving a settlement agreement between M&G Polymers and M&G
Finanziaria.  The MGF Settlement Agreement results in (1) the
setoff of claims between M&G Polymers and M&G Finanziaria, with a
resulting approximately $2.7 million claim in favor of M&G
Polymers, (2) M&G Polymers agreeing to accept a 10% recovery on
account of the Setoff Claim in M&G Finanziaria's proposed
arrangement with creditors in Italy, subject to certain adjustments
set forth in the MGF Settlement Agreement and (3) a release of
approximately $160,000 in intercompany claims that M&G Resins and
M&G Waters owe M&G Finanziaria.

   * On October 19, 2018, the Debtors filed a motion seeking
approval of the Mexican Settlement Agreement.  Among other things,
the Mexican Settlement Agreement contemplates the release of in
excess of (1) $600 million in scheduled, liquidated, undisputed and
non-contingent claims against the U.S. Debtors' estates and (2)
$105 million in scheduled liquidated, undisputed and non-contingent
claims against the Luxembourg Debtors' estates (plus the release of
the MGI Guarantee).  In exchange, (1) the U.S. Debtors have agreed
to release approximately $40 million in claims that they have
against the Mexican Affiliates and contribute M&G Holding's and M&G
USA's respective equity interests in the Mexican Affiliates to a
creditor trust to be established by the Mexican Affiliates for the
benefit of their non-affiliated creditors and (2) the Luxembourg
Debtors have agreed to release approximately $120 million in claims
that they have against the Mexican Affiliates.  The entry of an
order approving the Mexico Settlement will result in dismissal of
the Luxembourg Debtors' Chapter 11 Cases consistent with the Motion
to Dismiss Stipulation.

   * Regarding the Aetna Motion, it is a condition precedent to the
effectiveness of the Settlement Agreement that the Mexican
Affiliates obtain an irrevocable release on account of MGI's
guarantee of Polimeros' obligations in the amount of approximately
$80 million under that certain Credit Agreement between M&G
Polimeros Mexico, S.A. de C.V. and Banco Mercantil del Norte,
Sociedad Anonima, Institucion de Banca Multiple, Grupo Financiero
Banorte.

The deadline to file written objections to Confirmation of the Plan
is December 7, 2018, at 5:00 p.m.  The Confirmation Hearing will
commence on December 17, 2018, at 11:00 a.m.

A blacklined version of the Amended Disclosure Statement is
available for free at:

         http://bankrupt.com/misc/deb17-12307-2021.pdf

            About M & G USA Corporation

Founded in 1953, M&G Group is a privately owned chemical company in
Italy and is controlled through the holding company M&G Finanziaria
S.p.A.  The M&G Group -- specifically, its chemicals division, is a
producer of polyethylene terephthalate resin for packaging
applications.

M & G USA Corporation and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 17-12307) on Oct. 30, 2017.  In the
petition signed by CRO Dennis Stogsdill, the Debtors estimated $1
billion to $10 billion both in assets and liabilities.

Judge Brendan L. Shannon presides over the cases.

Jones Day is the Debtors' bankruptcy counsel. The Debtors hired
Pachulski Stang Ziehl & Jones LLP as conflicts counsel and
co-counsel; Crain Caton & James, P.C., as special counsel; Alvarez
& Marsal North America, LLC as restructuring advisor; Rothschild
Inc. and Rothschild S.p.A. as financial advisors and investment
bankers; and Prime Clerk LLC as administrative advisor.

On Nov. 13, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee retained
Milbank, Tweed, Hadley & McCloy LLP as its legal counsel; Cole
Schotz, as Delaware co-counsel; Berkeley Research Group, LLC, as
financial advisor; and Jefferies LLC, as investment banker.


MARKPOL DISTRIBUTORS: Unsecured Creditors to Get 10% Under Plan
---------------------------------------------------------------
Markpol Distributors, Inc., Kozyra Holdings, LLC-955 Lively LLC,
and Vistula Development, Incorporated, filed a joint plan of
reorganization and accompanying disclosure statement proposing to
pay holders of Allowed General Unsecured Claims against Vistula and
955 Lively in full and holders of Allowed General Unsecured Claims
against Markpol approximately 10% of their claims.

The Debtors intend to reorganize their businesses under the Plan by
executing deeds in lieu of foreclosure in favor of MB for the 955
Lively Property and the Schiller Park Property.  Markpol will lease
the 955 Lively Property from MB for a term of two years from the
date the bankruptcy case is closed with the option to extend the
955 Lively Lease for one additional year. During the term of the
955 Lively Lease, Markpol will continue to operate its business
from the 955 Lively Property and will make distributions to
Creditors from its revenues.

Class 3a consists of the Allowed General Unsecured Claims against
Markpol which are impaired under the Plan. Class 3a General
Unsecured Claims will be paid a total of $375,000, less the amount
of Class 2 Claims, in Cash from the proceeds of Markpol's
post-confirmation operations as follows: (i) $30,000 on or before
12 months after the Effective Date; (ii) $60,000 on or before 18
months after the Effective Date; (iii) $60,000 on or before 24
months after the Effective Date; (iv) $75,000 on or before 30
months after the Effective Date; (v) $75,000 on or before 36 months
after the Effective Date; and (vi) $75,000 on or before 42 months
after the Effective Date.

Class 2 Claims will receive the first priority Pro Rata
distributions from the Contributed Proceeds of Operations in
accordance with this schedule until Class 2 Claims are paid in full
and after Class 2 Claims are paid in full, Class 3a Claims will
receive Pro Rata distributions from the remaining Contributed
Proceeds of Operations.

The Debtors estimate that the Allowed General Unsecured Claims
against Markpol will not exceed $3,408,000.00 as of the Effective
Date. The estimated percentage of recovery of the Allowed General
Unsecured Claims against Markpol is 10%.

Class 3b consists of the Allowed General Unsecured Claims against
Vistula which are impaired under the Plan. Class 3b General
Unsecured Claims will be paid $25,633.41 within three months after
the Effective Date.

The Debtors estimate that the Allowed General Unsecured Claims
against Vistula will not exceed $25,633.41 as of the Effective
Date. The estimated percentage of recovery of the Allowed General
Unsecured Claims against Vistula is 100% over time.

Class 3c consists of the Allowed General Unsecured Claims against
955 Lively which are impaired under the Plan. Class 3c General
Unsecured Claims will be paid $26,300 within three months after the
Effective Date.

The Debtors estimate that the Allowed General Unsecured Claims
against 955 Lively will not exceed $26,300 as of the Effective
Date. The estimated percentage of recovery of the Allowed General
Unsecured Claims against 955 Lively is 100%.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y7czjjqm from PacerMonitor.com at no charge.

                    About Markpol Distributors

Markpol Distributors, Inc. -- http://markpoldistributors.com/-- is
a food distributor specializing in European grocery merchandise
imported from European exporters.  The Company's customers may
select an offering of 4 to 24 feet selection of assorted grocery
merchandise appealing to the American and European consumer.
Markpol is headquartered in Wood Dale, Illinois.

Markpol Distributors filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 18-06105) on March 2, 2018.  In the petition signed by CEO
Mark Kozyra, the Debtor estimated assets and liabilities at $1
million to $10 million.  Judge Benjamin A. Goldgar is the case
judge.

Shelly A. DeRousse, Esq., at Freeborn & Peters LLP, is the Debtor's
counsel.  Rally Capital Services, LLC, is the financial advisor.

Patrick S. Layng, U.S. Trustee for the Northern District of
Illinois, on March 15, 2018, appointed five creditors to serve on
an official committee of unsecured creditors.  The Committee
retained Goldstein & McClintock LLLP as counsel.



MARRONE BIO: Incurs $4.4 Million Net Loss in Third Quarter
----------------------------------------------------------
Marrone Bio Innovations, Inc. has provided its financial results
for the third quarter ended Sept. 30, 2018.

Management Commentary

"I am pleased to announce our strong third quarter financial
results and continued operational execution throughout our
business," said Dr. Pam Marrone, founder and CEO of Marrone Bio
Innovations.  "I am excited about what I am seeing regarding the
market's acceptance of biologicals in integrated programs with
large growers.  We continued to strengthen our commercial team as
well through the addition of key hires, which when paired with
customer education initiatives aimed at the integration of our
brands into traditional programs while increasing our share in the
organic market, we expect to drive continued growth as we move into
2019.

"On the financial front, we grew revenue 29% over last year to a
third quarter record of $5.4 million, which is notable as the third
quarter is traditionally one of our slowest times of year. In
addition, our gross margins improved to a record 48.3%, while
further trimming operating expenses 19% to $6.8 million.  As a
result of all of these factors, our cash usage from operations was
the lowest in our history as a public company.

"On the technology front, we continue to be recognized throughout
the industry for innovation.  Venerate was recently named the Best
New Biological Product at the prestigious Agrow Awards 2018, while
we were awarded the renowned 2018 Bernard Blum Award for a Novel
Biocontrol Solution by the International Biocontrol Manufacturers
Association.  When one considers our history of product
introductions, as well as our recent EPA submission of our novel
bioherbicide, MBI-014, and what we have in our pipeline for the
near future, I believe we will continue to lead the integration of
biologicals within the agricultural industry.

"We continue to see encouraging trends throughout our business,
particularly in our three core areas of focus: growing revenues,
increasing gross margins over the long term and diligently managing
operating expenses.  I believe we are well positioned to continue
to execute upon our business plan, creating long-term value for our
shareholders," concluded Marrone.

Q3 2018 Financial Summary

   * Revenues grew to $5.4 million in the third quarter of 2018,
     compared to $4.2 million in the third quarter of 2017.
       
   * Due to the adoption of the ASC 606 accounting standard
    (Revenue From Contracts With Customers), 2018 over 2017
     reported revenues are not strictly an apples to apples
     comparison.
       
   * Gross margins in the third quarter of 2018 increased
     significantly to 48.3%, compared to 40.9% in the third
     quarter of 2017.
       
   * Operating expenses in the third quarter of 2018 declined 19%
     to $6.8 million, compared to $8.3 million in the third
     quarter of 2017.
       
   * Net loss in the third quarter of 2018 improved significantly
     to $4.4 million, compared to a net loss of $8.5 million in
     the third quarter of 2017.
       
   * Cash and cash equivalents, including restricted cash, totaled
     $22.1 million on Sept. 30, 2018 compared to $24.9 million on
     June 30, 2018, reflecting cash usage of $2.8 million in the
     third quarter of 2018.

Recent Operational Highlights

   * Submission of MBI-014 bioherbicide to the EPA.
       
   * Expanded MBI's international distribution network through new
     deals with Hop Tri Investment Corporation in Vietnam and
     Cambodia and with AMC/Agrimatco in Turkey.
       
   * Strengthened the sales team through the appointment of Barner

     Jones as the Director of National Sales and Account
     Management and Jenna Combs as the Sales Manager of the
     Northern California Territory.
       
   * Awarded the 2018 Bernard Blum Award for a Novel Biocontrol
     Solution by the International Biocontrol Manufacturers
     Association in Basel, Switzerland.
       
   * Venerate named Best New Biological Product at Agrow Awards
     2018 in London, United Kingdom.
       
   * Keith McGovern and Stuart Woolf, two major leaders in the
     agricultural industry, joined the Board of Directors; Formed
     Advisory Council to advise the Board and management's
     strategic vision for the Company.
       
   * Nominated as a finalist for the 2018 Agrow Awards in the
     categories of Best R&D Pipeline, Best New Biological Product
     and Best Industry Collaboration.
       
   * Launched a series of grower education initiatives aimed at
     increasing awareness among both conventional and organic
     farmers and the food channel.
       
   * Among the many positive trial data around the globe, received

     positive results with Grandevo and Venerate on almonds,
     walnuts, tomatoes, peppers and cotton in California as well
     as on cannabis in Canada, with Regalia in Brazil, Panama,
     Argentina and Tunisia, Majestene in Europe and with Stargus
     in California and Canada.

                About Marrone Bio Innovations

Based in Davis, California, Marrone Bio Innovations, Inc. --
http://www.marronebio.com/-- discovers, develops and sells
innovative biological products for crop protection, plant health
and waterway systems treatment.  MBI has screened over 18,000
microorganisms and 350 plant extracts, leveraging its in-depth
knowledge of plant and soil microbiomes enhanced by advanced
molecular technologies to rapidly develop seven effective and
environmentally responsible pest management products to help
customers operate more sustainably while uniquely improving plant
health and increasing crop yields.  Supported by a robust portfolio
of over 400 issued and pending patents around its superior natural
product chemistry, MBI's currently available commercial products
are Regalia, Grandevo, Venerate, Majestene, Haven Stargus and
Amplitude, Zelto and Zequanox.

The Company incurred a net loss of $30.92 million in 2017 and a net
loss of $31.07 million in 2016.  As of June 30, 2018, Marrone Bio
had $55.14 million in total assets, $33.17 million in total
liabilities and $21.96 million in total stockholders' equity.

The report from the Company's independent accounting firm Ernst &
Young LLP, the Company's auditor since 2008, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company's historical
operating results and negative working capital indicate substantial
doubt exists about the Company's ability to continue as a going
concern.


MARRONE BIO: Trims First Quarter Net Loss to $4.4 Million
---------------------------------------------------------
Marrone Bio Innovations, Inc., has filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss of $4.43 million on $5.42 million of total revenues for
the three months ended Sept. 30, 2018, compared to a net loss of
$8.53 million on $4.21 million of total revenues for the same
period during the prior year.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $12.20 million on $15.50 million of total revenues
compared to a net loss of $23.54 million on $14.84 million of total
revenues for the nine months ended Sept. 30, 2017.

As of Sept. 30, 2018, Marrone Bio had $50.54 million in total
assets, $32.49 million in total liabilities and $18.04 million in
total stockholders' equity.

Marrone Bio stated, "Our historical operating results indicate
substantial doubt exists related to our ability to continue as a
going concern.  We believe that our existing cash and cash
equivalents of $20.5 million at September 30, 2018, expected
revenues and the net proceeds from equity financing ... will be
sufficient to fund operations as currently planned through at least
one year from the date of the issuance of these financial
statements.  We believe that the actions discussed above are
probable of occurring and mitigate the substantial doubt raised by
our historical operating results.  However, we cannot predict, with
certainty, the outcome of our actions to grow revenues or manage or
reduce costs.  We have based this belief on assumptions and
estimates that may prove to be wrong, and we could spend our
available financial resources less or more rapidly than currently
expected.  We may continue to require additional sources of cash
for general corporate purposes, which may include operating
expenses, working capital to improve and promote our commercially
available products, advance product candidates, expand our
international presence and commercialization, general capital
expenditures and satisfaction of debt obligations.  We may seek
additional capital through debt financings, collaborative or other
funding arrangements with partners, or through other sources of
financing.  Should we seek additional financing from outside
sources, we may not be able to raise such financing on terms
acceptable to us or at all.  If we are unable to raise additional
capital when required or on acceptable terms, we may be required to
scale back or to discontinue the promotion of currently available
products, scale back or discontinue the advancement of product
candidates, reduce headcount, file for bankruptcy, reorganize,
merge with another entity, or cease operations."

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/SJMGU7

                 About Marrone Bio Innovations

Based in Davis, California, Marrone Bio Innovations, Inc. --
http://www.marronebio.com/-- discovers, develops and sells
innovative biological products for crop protection, plant health
and waterway systems treatment.  MBI has screened over 18,000
microorganisms and 350 plant extracts, leveraging its in-depth
knowledge of plant and soil microbiomes enhanced by advanced
molecular technologies to rapidly develop seven effective and
environmentally responsible pest management products to help
customers operate more sustainably while uniquely improving plant
health and increasing crop yields.  Supported by a robust portfolio
of over 400 issued and pending patents around its superior natural
product chemistry, MBI's currently available commercial products
are Regalia, Grandevo, Venerate, Majestene, Haven Stargus and
Amplitude, Zelto and Zequanox.

The Company incurred a net loss of $30.92 million in 2017 and a net
loss of $31.07 million in 2016.  As of June 30, 2018, Marrone Bio
had $55.14 million in total assets, $33.17 million in total
liabilities and $21.96 million in total stockholders' equity.

The report from the Company's independent accounting firm Ernst &
Young LLP, the Company's auditor since 2008, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company's historical
operating results and negative working capital indicate substantial
doubt exists about the Company's ability to continue as a going
concern.


MCCLATCHY CO: Top Executives Will Get $4.5-Mil. Retention Bonuses
-----------------------------------------------------------------
The Compensation Committee of the Board of Directors of The
McClatchy Company approved the 2018 Senior Executive Retention Plan
to incentivize certain senior executive officers including some of
the named executive officers for their continued dedicated service
to the Company.  Under the Retention Plan, Participants who
continuously remain employees of the Company or a subsidiary of the
Company during the period beginning on the Effective Date through
and including each of the following dates shall be eligible to
receive one-third (1/3) of their applicable cash award on each of
(i) June 30, 2019, (ii) Dec. 31, 2019, and (iii) June 30, 2020.
The Committee will administer the Retention Plan and determine
whether the criteria for receipt of payments under the Retention
Plan have been satisfied.

The following named executive officers are eligible to receive
retention awards in the following amounts:

                                                     Retention
Participants/Title                                 Cash Award
------------------                                 ----------
Craig Forman, President, Chief Operating Officer   $2,000,000
Mark Zieman, Vice President, Operations            $1,059,000
Elaine Lintecum, VP, Finance and CFO                 $733,875
Billie McConkey, VP, HR, Gen Counsel and Secretary   $727,500

If the conditions set forth in the Retention Plan are met, the
retention awards will be payable, less applicable withholding tax,
to the Participant entitled to such payment as soon as reasonably
practicable following the applicable Vesting Date and the
Committee's certification that the Participant has become entitled
to the payment; provided, further, that in no event will payment of
the retention award be delayed to a date later than March 15th of
the calendar year following the calendar year in which the Vesting
Date occurs.  In order to receive the retention award, a
Participant must remain employed by the Company or a subsidiary of
the Company through the applicable Vesting Date, but the retention
award will be paid earlier if the Participant's employment is
terminated due to (i) death, (ii) disability (as defined in the
Retention Plan), or (iii)(A) an involuntary termination without
"cause" or resignation for "good reason" (each as defined by the
Retention Plan), provided the Participant (B) executes, delivers
and does not revoke a waiver and release agreement within 45 days
of the termination date.

A full-text copy of The McClatchy Company 2018 Senior Executive
Retention Plan is available for free at https://is.gd/bxLAwX

                         About McClatchy

The McClatchy Company operates 30 media companies in 14 states,
providing each of its communities with news and advertising
services in a wide array of digital and print formats.  McClatchy
is a publisher of iconic brands such as the Miami Herald, The
Kansas City Star, The Sacramento Bee, The Charlotte Observer, The
(Raleigh) News & Observer, and the (Fort Worth) Star-Telegram.
McClatchy is headquartered in Sacramento, Calif., and listed on the
New York Stock Exchange American under the symbol MNI.

McClatchy incurred a net loss of $332.4 million for the year ended
Dec. 31, 2017, following a net loss of $34.19 for the year ended
Dec. 25, 2016.  As of Sept. 30, 2018, McClatchy had $1.30 billion
in total assets, $149.76 million in total current liabilities,
$1.39 billion in total non-current liabilities, and a stockholders'
deficit of $241.22 million.

                           *    *    *

In March 2018, S&P Global Ratings lowered its corporate credit
rating on The McClatchy Co. to 'CCC+' from 'B-'.  The rating
outlook is stable.  "The downgrade reflects our view that
McClatchy's capital structure is unsustainable at current leverage
and discretionary cash flow (DCF) levels.  Still, we don't expect a
default to occur during the next 12 months.  McClatchy has no
imminent liquidity concerns, full availability on its $65 million
revolving credit facility due 2019, low capital expenditures, and
it generates positive DCF.

McClatchy continues to hold Moody's Investors Service's "Caa1"
corporate family rating.  In December 2015, Moody's affirmed the
"Caa1" corporate family rating rating and changed the rating
outlook to stable from positive due to continued weakness in the
print advertising market and the ongoing pressure on the company's
operating cash-flow.  McClatchy's "Caa1" Corporate Family Rating
reflects persistent revenue pressure on the company's newspaper and
print operations, reliance on cyclical advertising spending, and
its high leverage including a large underfunded pension.


MCGRAW-HILL GLOBAL: Bank Debt Trades at 6% Off
----------------------------------------------
Participations in a syndicated loan under which McGraw-Hill Global
Education Holdings LLC is a borrower traded in the secondary market
at 94.50 cents-on-the-dollar during the week ended Friday, November
9, 2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 1.01 percentage points from
the previous week. McGraw-Hill Global pays 400 basis points above
LIBOR to borrow under the $15 million facility. The bank loan
matures on May 2, 2022. Moody's rates the loan 'B1' and Standard &
Poor's gave a 'B+' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, November 9.


MEEKER NORTH: Unsecured to Get 100% Plus 5% in 60 Months
--------------------------------------------------------
Meeker North Dawson Nursing, LLC, filed with the U.S. Bankruptcy
Court for the Northern District of Georgia, Atlanta Division, a
disclosure statement dated October 22, 2018, explaining its Chapter
11 plan.

The Plan provides that Class 2A consists of the claims held by
unsecured creditors that are in an amount up to $1,000 and any
unsecured claims held by unsecured creditors that elect on the
ballot to reduce their claim to $1,000 to be treated as Class 2A
claimant instead of treatment as a general unsecured creditor under
Class 2B.  Holders of Allowed Convenience Claims shall receive
payment in full in Cash on account of each holder's Allowed
Convenience Claim on or before the Effective Date.  Class 2A is
also known as Convenience Claims.

Class 2B consists of General Unsecured Claims.  All Allowed
Unsecured Claims not separately classified shall be paid 100% of
each Allowed Claim with regular quarterly payments beginning the
first Business Day of the month, 30 days following the Effective
Date.  Holders of Allowed Unsecured Claims not separately
classified under the Plan shall receive payments in cash in an
amount equal to 100% of each holder's Allowed Unsecured Claim plus
interest accruing at the rate of 5% APR payable in quarterly
payments beginning the first Business Day of the month 30 days
following the Effective Date until the earlier of (a) five years
after the Effective Date, or (b) until the Allowed Unsecured Claims
is paid in full plus interest at the rate of 5% APR.

All payments under the Plan which are due on the Effective Date
will be funded from the Cash on hand, and operating revenues.

The funds necessary to ensure continuing performance under the Plan
after the Effective Date will be (or may be) obtained from:

   (a) any and all remaining Cash retained by the Reorganized
Debtor after the Effective Date; and

   (b) Cash generated from the post-Effective Date operations of
the reorganized Debtor; and

   (c) any other contributions or financing (if any) which the
Reorganized Debtor may obtain on or after the Effective Date.

A copy of the Disclosure Statement is available at
https://tinyurl.com/ydg6dcjc from PacerMonitor.com at no charge.

             About Meeker North Dawson Nursing

Meeker North Dawson Nursing, LLC, sought protection under Chapter
11 of the Bankruptcy Code (Bankr. N.D. Ga. Case No. 18-56883) on
April 24, 2018.  In the petition signed by Christopher F. Brogdon,
managing member, the Debtor estimated assets of less than $50,000
and liabilities of less than $1 million.  

Theodore N. Stapleton P.C. serves as its legal counsel; and Synergy
Healthcare Resources, LLC, as its financial advisor.

Daniel M. McDermott, the U.S. Trustee for Region 21, appoints
William J. Whited as the patient care ombudsman in the Chapter 11
case of Meeker North Dawson Nursing, LLC.


MEGHA LLC: BancorpSouth Seeks Ch. 11 Trustee Appointment
--------------------------------------------------------
BancorpSouth Bank asks the U.S. Bankruptcy Court for the Western
District of Louisiana to enter an order appointing a Chapter 11
trustee for Megha, LLC.

The Debtor's business is a hotel named, Hampton Inn & Suite. On
January 24, 2017, the Debtor received $960,629.62 in settlement
proceeds from the BP Settlement Trust arising out of the Hotel's
economic loss claim with respect to the Deepwater Horizon oil
spill.

Meanwhile, BancorpSouth, a petitioning creditor, submits that the
settlement proceeds received by the Debtor represent lost business
profits, and accordingly are considered to be its cash collateral.
BancorpthSouth further contends that it has no confidence in the
Debtor's ability to manage its affairs or provide direction in an
organized, unified manner, such that the appointment of a trustee
is needed.

                  About Megha LLC

Megha, LLC, filed as a Single Asset Real Estate as defined in 11
U.S.C. Sec. 101(51B).  The company has full ownership of lots 4 and
5 of Spanish Town Center known as the Hampton Inn and Suites New
Iberia with an appraisal value of $6.6 million.

Megha, LLC, filed a Chapter 11 petition (Bankr. W.D. La. Case No.
18-51147) on Sept. 11, 2018.  In the petition signed by Jay
Sachania, manager, the Debtor disclosed $8,137,429 in assets and
$6,529,035 in liabilities.  The case is assigned to Judge John W.
Kolwe.  Bradley L. Drell, Esq., at Gold, Weems, Bruser, Sues &
Rundell, serves as counsel to the Debtor.


MESOBLAST LIMITED: US$55.1 Million in Cash as of Sept. 30, 2018
---------------------------------------------------------------
Mesoblast Limited has filed with the U.S. Securities and Exchange
Commission its Quarterly report for entities subject to Listing
Rule 4.7B for the period ended Sept. 30, 2018.

At the beginning of the quarter, Mesoblast had US$37.76 million.
During the quarter, net cash used in operating activities was
US$19.54 million, net cash used in investing activities was
US$39,000, and net cash from financing activities was US$37.10
million.  As of Sept. 30, 2018, Mesoblast had US$55.14 million.

Additionally US$40.0 million in gross cash proceeds were received
from Tasly Pharmaceutical Group on Oct. 11, 2018 pursuant to a
Development and Commercialization Agreement (US$20.0m) and an
Investment Agreement (US$20.0m) signed on July 17, 2018.

On March 6, 2018, Mesoblast entered into a Loan and Security
Agreement with Hercules Capital, Inc. for a US$75.0 million secured
four-year credit facility.  Mesoblast drew the first tranche of
US$35.0 million on closing.  An additional US$15.0 million may be
drawn during Q4 CY2018, and a further US$25.0 million may be drawn
prior to or during Q3 CY2019, in each case as certain milestones
are met.

At closing date, the interest rate was 9.45%.  On Sept. 27, 2018,
in line with the increase in the U.S. prime rate, the interest rate
on the loan increased to 10.20%.

Loan facility with NovaQuest Capital Management, L.L.C.

On June 29, 2018, Mesoblast entered into a Loan and Security
Agreement with NovaQuest Capital Management, L.L.C. for a
non-dilutive US$40.0 million secured eight-year term loan.
Mesoblast drew the first tranche of US$30.0 million of the loan on
closing. An additional US$10.0 million from the loan will be drawn
on marketing approval of remestemcel-L by the United States Food
and Drug Administration (FDA).

Prior to maturity in July 2026, the loan is only repayable from net
sales of remestemcel-L (MSC-100-IV) in the treatment of pediatric
patients who have failed to respond to steroid treatment for acute
Graft versus Host Disease (aGvHD), in the United States and other
geographies excluding Asia.  Interest on the loan will accrue at a
rate of 15% per annum with the interest only period lasting 4
years.  Interest payments will be deferred until after the first
commercial sale.  The financing is subordinated to the senior
creditor, Hercules Capital.

On Oct. 12, 2018 the Company announced the completion of a
strategic cardiovascular alliance with Tasly Pharmaceutical Group
in China.  On Oct. 11, 2018, the Company received gross cash
proceeds of US$40.0 million, comprising an upfront technology
access fee of US$20.0 million and a US$20.0 million share
issuance.

Mesoblast is in advanced negotiations with selected pharmaceutical
companies with respect to potential partnering of certain Tier 1
product candidates.  Mesoblast does not make any representation or
give any assurance that such a partnering transaction will be
concluded.

Up to an additional US$50.0 million is available to Mesoblast,
subject to achievement of certain milestones, under the financing
arrangements with Hercules Capital and NovaQuest.

Mesoblast established an equity facility in 2016 with Kentgrove
Capital for up to A$120 million/US$90 million over the next 9
months to be used at its discretion to provide additional funds as
required.

A full-text copy of the Quarterly Report is available for free at:

                    https://is.gd/DIaWhv

                       About Mesoblast

Headquartered in Melbourne, Australia, Mesoblast Limited (ASX:MSB;
Nasdaq:MESO) -- http://www.mesoblast.com/-- is a global developer
of innovative cell-based medicines.  The Company has leveraged its
proprietary technology platform to establish a broad portfolio of
late-stage product candidates with three product candidates in
Phase 3 trials - acute graft versus host disease, chronic heart
failure and chronic low back pain due to degenerative disc disease.
Through a proprietary process, Mesoblast selects rare mesenchymal
lineage precursor and stem cells from the bone marrow of healthy
adults and creates master cell banks, which can be industrially
expanded to produce thousands of doses from each donor that meet
stringent release criteria, have lot to lot consistency, and can be
used off-the-shelf without the need for tissue matching.  Mesoblast
has facilities in Melbourne, New York, Singapore and Texas and is
listed on the Australian Securities Exchange (MSB) and on the
Nasdaq (MESO).

Mesoblast reported a net loss attributable to the owners of
Mesoblast of US$35.29 million for the year ended June 30, 2018,
compared to a net loss attributable to the owners of Mesoblast of
US$76.81 million for the year ended June 30, 2017.  As of June 30,
2018, Mesoblast had US$692.4 million in total assets, US$146.4
million in total liabilities and US$546.0 million in total equity.

PricewaterhouseCoopers, in Melbourne, Australia, the Company's
auditor since 2008, issued a "going concern" opinion in its report
on the consolidated financial statements for the year ended June
30, 2018.  The auditors noted that the Company has suffered
recurring losses from operations that raise substantial doubt about
its ability to continue as a going concern.


MICHAEL HAGHIGHI: Selling Jacksonville Property Interest for $365K
------------------------------------------------------------------
Michael Haghighi asks the U.S. Bankruptcy Court for the Middle
District of Florida to authorize the private sale of interest in
the real property located at 3554 Waterchase Way E., Jacksonville,
Florida to to Christopher C. Buchanan and Angela J. Hackney for
$365,000.

In his Schedule A/B filed with the Court, the Debtor listed the
Property.  The Debtor holds a joint tenant interest in the
Property, and the Property was not claimed exempt by the Debtor.

By the Motion, the Debtor asks the entry of an Order approving the
sale of the his interest in the Property to the Buyers, a married
couple.  The proposed contract sales price is $365,000.  The Debtor
has undertaken efforts to solicit offers from third parties and
this is the best and highest offer for the Property.  The parties
have entered into their Purchase and Sale Agreement.  The Property
will be sold by Warranty Deed.  The closing will occur as soon as
practicable following the entry of an Order approving the Motion.

There are two mortgages encumbering the Property.  The first
mortgage in favor of Branch Banking and Trust Co. ("BB&T") has an
approximate payoff balance of $299,759.  The second mortgage
holder, BBVA Compass Bank, which had a secured claim in the amount
of $236,496 as of the petition date, has agreed to a reduced payoff
of $20,894, or net proceeds (whichever is greater), in satisfaction
of its claim against the Property.

The Debtor is asking that the Brokers' commissions be approved by
the Court and be paid at closing.

The Purchase Price is the highest and best offer received for the
Property and will relieve the Debtor of a substantial financial
burden, which would increase the ability of the Debtor to propose a
feasible Plan of Reorganization.

In order to carry out this provision, the Debtor asks that the
Order granting the Motion be effective as to the sale to any
alternate buyer if: (i) the Buyer is unable to or does not close
the sale of the Property, (ii) the Debtor files a notice with the
Court that states the Buyer was unable to or did not close on the
sale of the Property, (iii) the notice identifies the material
terms of the sale of the Property to an alternative buyer and
attaches the Order and relevant documents related to the sale of
the Property to the alternative buyer along with a statement the
alternative buyer is disinterested, (iv) the Alternative Buyer
Notice sets forth that the sale to the alternative buyer is on
substantially the same terms and conditions as set forth in the
Motion and describes any material differences between the sale to
an alternative buyer and the sale under the Motion, and (v) there
is no objection filed with the Court in response to the Alternative
Buyer Notice within 14 days after filing said notice.

Such provision will allow the sale to move forward with a sale to
an alternate buyer without the need for filing a renewed motion in
the event the present Buyer is unable to close.  Based on the
representations, the sale of the Property is in the best interests
of the Debtor, the estate, and the creditors in the case.  

Therefore, the Debtor respectfully asks that the Court: (a) waives
the 14-day stay pursuant to Rule 6004(h), deem the sale order
enforceable immediately upon entry, and authorizes the Debtor to
sell the Property immediately upon entry of the Sale Order; (b)
adjudicate all claims, controversies and/or disputes arising from
or related to the proposed sale; (c) authorizes the Debtor to pay
the professional fees as outlined in the Motion and Settlement
Statement; and (d) authorizes the sale of the Property to alternate
third parties under the terms and conditions outlined.

A cpy of the PSA attached to the Motion is available for free at:

    http://bankrupt.com/misc/Michael_Haghighi_99_Sales.pdf

Counsel for Debtor:

          Jerrett M. McConnell, Esq.
          MCCONNELL LAW GROUP, P.A.
          6100 Greenland Rd., Unit 603
          Jacksonville, FL 32258
          Telephone: (904) 570-9180
          E-mail: jmcconnell@mcconnelllawgroup.com

Michael Haghighi sought Chapter 11 protection (Bankr. M.D. Fla.
Case No. 17-03112) on Aug. 24, 2017.  The Debtor tapped Jerrett M.
McConnell, Esq., at McConnell Law Group, as counsel.



MIDATECH PHARMA: Completes Midatech Pharma US Sale
--------------------------------------------------
Midatech Pharma Plc said that the proposed sale of Midatech Pharma
US Inc. to Kanwa Holdings, LP has now completed.  Kanwa Holdings,
LP, is a limited partnership established for the purposes of
acquiring MTP US.  It is owned by Funds managed by or through
Barings LLC.
                  
As previously disclosed, Midatech Pharma had entered into an
agreement with Kanwa Holdings, an investment vehicle affiliated
with Barings LLC, a financial services firm, to sell Midatech
Pharma US Inc. for total consideration of up to $19.0 million.
Midatech Pharma US is the Group's US commercial operation, with
four cancer supportive care products.

For more information, please contact:

Midatech Pharma PLC
Craig Cook, CEO
+44 (0)1235 888300
www.midatechpharma.com

Panmure Gordon (UK) Limited (Nominated Adviser and Broker)
Corporate finance: Freddy Crossley/Emma Earl
Corporate broking: James Stearns
+44 (0)20 7886 2500

Consilium Strategic Communications (Financial PR)
Mary Jane Elliott/Nicholas Brown/Angela Gray
+44 (0)20 3709 5700
midatech@consilium-comms.com

Westwicke Partners (US Investor Relations)
Chris Brinzey
+1 339 970 2843
chris.brinzey@westwicke.com

Barings LLC
Kelly Smith - Global Head of Media Relations
+1 980 417 5648
Kelly.smith@barings.com

                        About Barings

Barings is a global financial services firm dedicated to meeting
the evolving investment and capital needs of its clients.  Barings
builds lasting partnerships that leverage its distinctive expertise
across traditional and alternative asset classes to deliver
innovative solutions and exceptional service.  Part of MassMutual,
Barings maintains a strong global presence with over 1,900
professionals and offices in 16 countries.  Learn more at
www.barings.com.

                     About Midatech Pharma

Midatech Pharma PLC -- http://www.midatechpharma.com/-- is an
international specialty pharmaceutical company focused on the
research and development of a pipeline of medicines for oncology
and immunotherapy.  Midatech is headquartered in Oxfordshire, with
an R&D facility in Cardiff and a manufacturing operation in Bilbao,
Spain.

The report from the Company's independent accounting firm BDO LLP,
in Reading, United Kingdom, the Company's auditor since 2014, on
the consolidated financial statements for the year ended Dec. 31,
2017, includes an explanatory paragraph stating that the Company
has suffered recurring losses from operations and has an
accumulated deficit that raise substantial doubt about its ability
to continue as a going concern.

Midatech reported a loss before tax of GBP17.32 million in 2017
following a loss before tax of GBP29.32 million in 2016.  As of
Dec. 31, 2017, Midatech had GBP$49.22 million in total assets,
GBP14.54 million in total liabilities and GBP34.67 million in total
equity.


MIDWAY OILFIELD: U.S. Trustee Forms 3-Member Committee
------------------------------------------------------
The Office of the U.S. Trustee on Nov. 14 appointed three creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 case of Midway Oilfield Constructors, Inc.

The committee members are:

     (1) Buffalo Gap Instrumentation & Electric Co. Inc.
         Attention: Daniel H. Schwarzenbach
         Telephone: (337) 550-2145  
         Email: dhschwarzenbach@sunlandconstruction.com

         Attorney: Benjamin Kadden, Lugenbuhl, Wheaton,
         Peck, Ranitin & Hubbard  
         Telephone: (504)568-1990  
         Email: bkadden@lawla.com

     (2) Sun Coast Resources, Inc.
         Attention: Mike Stoner
         Telephone: (713)844-9600  
         Email: mstoner@suncoastresources.com

         Attorney: Eva Engelhart, Esq.
         Telephone: (713) 626-7200  
         Email: eengelhart@rossbanks.com

     (3) Baldwin Redi-Mix Co., Inc.
         Attention: Lee T. Bishop
         Telephone: (337)923-4955  
         Email: leeb6765@yahoo.com

         Attorney: Holly Hamm, Snow, Spence Green, LLP
         Telephone: (713) 335-4808  
         Email: hollyhamm@snowspencelaw.com

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense. They may investigate the debtor's business and financial
affairs. Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

              About Midway Oilfield Constructors Inc.

Midway Oilfield Constructors, Inc., provides construction services
to the upstream, midstream, and downstream sectors of the oil and
gas industry.  Based out of Midway, Texas, Midway provides services
across the State of Texas and Oklahoma.

On Aug. 15, 2018, Midway Oilfield Constructors filed its voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (S.D.
Tex. Case No. 18-34567).  The Debtor estimated $1 million to $10
million in assets and $10 million to $50 million in liabilities.
Judge Marvin Isgur is the case judge.  The Debtor tapped Hoover
Slovacek LLP as its legal counsel.  Hrdlicka White Williams &
Aughtry, is the special tax counsel.


MONITRONICS INTERNATIONAL: Bank Debt Trades at 4% Off
-----------------------------------------------------
Participations in a syndicated loan under which Monitronics
International Inc. is a borrower traded in the secondary market at
95.58 cents-on-the-dollar during the week ended Friday, November 9,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 1.71 percentage points from
the previous week. Monitronics International pays 550 basis points
above LIBOR to borrow under the $11 million facility. The bank loan
matures on September 30, 2022. Moody's rates the loan 'Caa1' and
Standard & Poor's gave a 'CC' rating to the loan. The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, November 9.


MONTE L. MASINGALE: Selling Buying Greenacres Property for $360K
----------------------------------------------------------------
Monte L. Masingale and Rosana D. Masingale ask the U.S. Bankruptcy
Court for the Eastern District of Washington to authorize the sale
of the real property commonly known as 18009 and 18111 E. Appleway
Avenue, Greenacres, Washington to Strong Family Revocable Living
Trust for $360,000.

The Debtors propose to sell the Property free and clear of all
liens and encumbrances, including the liens and claims of Spokane
County, State of Washington unpaid real estate tax and Numerica
Credit Union, pursuant to loan and deed of trust dated Oct. 24,
2008 and recorded Oct. 27, 2008 covering Appleway Real Estate.

The Debtors ask the Court to direct that the disbursement of sales
proceeds will occur only after additional Notice to Creditors.
They ask the Court to authorize the payment of a 6% real estate
commission at closing to be divided between Berkshire Hathaway Home
Services First Look RE, Listing Agency, Terry McAleer, Listing
Broker and Keller Williams Realty Spokane, Brandon L. Marchand,
Selling Broker.

Finally, they ask the Court to shorten the time period to object to
their Motion to a period equal to 12 days from mailing notice of
the Motion.

Monte L. Masingale and Rosana D. Masingale filed for Chapter 11
bankruptcy protection (Bankr. E.D. Wash. Case No. 15-03276) on
Sept. 28, 2015.


MULTIMEDIA PLATFORMS: Dec. 19 Plan Confirmation Hearing
-------------------------------------------------------
Judge Raymond B. Ray of the U.S. Bankruptcy Court for the Southern
District of Florida approved the disclosure statement with respect
to Multimedia Platforms Worldwide, Inc.'s Chapter 11 plan.

The Confirmation Hearing is scheduled to be conducted on December
19, 2018, at 10:00 a.m.  Objections to confirmation of the Plan
must be filed on or before December 5, 2018.

The Debtors were never able to properly restart their business
operations. In an effort to salvage whatever value remained of the
Debtors' assets, the Debtors negotiated an agreement with White
Winston Select Asset Funds, LLC:

(a) agreed upon the appointment of a chief restructuring officer;
(b) agree to negotiate on a plan of reorganization; (c) stipulated
to the collateral securing any obligations owed to White Winston;
(d) agreed to a sale of substantially all of the Debtors' assets
in
the absence of a plan of reorganization; (e) stipulated to the
amount of White Winston's secured claim subject to the Debtors
reserving rights to dispute the claim asserted by White Winston;
and (f) agreed upon a general release in favor of White Winston.

In accordance with the first settlement, the Debtors and White
Winston subsequently engaged in discussions regarding a plan of
reorganization and a sale of substantially all of the Debtors'
assets, including potential issues identified in connection with a
sale of assets relating to the ability of White Winston to credit
bid. In the meantime, the Debtors engaged in discussions with a
potential plan sponsor. The potential plan sponsor had expressed
interest in sponsoring a plan of reorganization, which was one of
the reasons for entering the first settlement agreement with White
Winston. Eventually, the potential plan sponsor elected not to
proceed. Consequently, the Debtors and White Winston decided to
enter into a second settlement agreement. The second settlement
agreement which provides the bases of the Plan.
  
Class 4 under the plan consists of the Allowed Unsecured Claims
against any of the Debtors. Each holder of an Allowed Class 4
Claim
will receive the following:

(i) such holder's Pro Rata share of beneficial interests in the
Trust, which will entitle each holder of an Allowed Unsecured
Claim
to receive such holder's Pro Rata share of Distributions of Net
Proceeds of Trust Assets; and (ii) such holder’s Pro Rata
share
of New Equity in the Reorganized Debtor. In calculating each such
holder’s Pro Rata share of New Equity in the Reorganized
Debtor,
the total amount of Allowed Class 4 Claims will be added to the
total amount of the Allowed Class 2 Claim (as of the Effective
Date) and the Allowed Class 5 Claims.

Distributions under the Plan will be made from the White Winston
Advance, Net Proceeds of Actions, and Net Proceeds of D&O Claims
available for Distributions in accordance with the Plan. It is
anticipated that either (a) one or more of the Debtors will be
dissolved under the Plan, or (b) the Debtors will be merged with
only one of the Debtors surviving by merger, which shall be the
Reorganized Debtor. The Reorganized Debtor will prosecute Actions
(other than D&O Claims) and Net Proceeds of Actions shall be
distributed in accordance with the Plan.

The Creditor Trustee will be entitled and otherwise authorized to
investigate and prosecute D&O Claims. The Net Proceeds of D&O
Claims will be distributed in accordance with the Plan. White
Winston will pay all litigation costs and expenses in connection
with the prosecution of the D&O Claims. Likewise, as part of the
Plan, White Winston will contribute any and all claims it has
against the Debtors' former or current officers and directors.
Such
claims will be prosecuted by the Creditor Trustee and Net Proceeds
distributed in accordance with the Plan.

The Debtors have concluded that substantive consolidation of all
of
the Debtors' estates into one estate is in the best interests of
the Debtors' creditors. In the event of substantive consolidation,
(i) all Assets and liabilities of the Debtors are merged so that
all Assets of the Debtors will be available to pay Allowed Claims
under the Plan; (ii) no Distributions shall be made under the Plan
on account of intercompany Claims existing between the Debtors,
(iii) all guarantees by the Debtors of the obligations of any
other
Debtor will be eliminated so that any Claim against any Debtor and
any guarantee thereof executed by any other Debtor will be one
obligation, and (iv) each and every Claim filed or Allowed, or to
be filed or Allowed, in the Case of any of the Debtors will be
deemed filed and Allowed against all other Debtors.

A full-text copy of the Disclosure Statement is available for free
at:

     http://bankrupt.com/misc/flsb8-17-09328-78.pdf

            About Multimedia Platforms Worldwide

Multimedia Platforms, Inc. (OTCQB: MMPW) is a publicly traded
multiplatform publishing and technology company that creates,
curates, aggregates and distributes compelling, advertiser-friendly
content to the LGBT community.  MPI was created following the
merger between Sports Media Entertainment Corp., a Nevada
corporation, and Multimedia Platforms, LLC, a Florida limited
liability company, on Jan. 29, 2015.

MPI currently produces 5 iconic print brands: Florida Agenda,
Frontiers Media, WiRld City Guides, Next (New York), and Next
(South Florida).  The MPI brands currently represent 7.5 million
readers and 4+ million online visitors annually, and represents
three of America's most populous LGBT markets: California, New York
and Florida.

Multimedia Platforms Worldwide, Inc., Multimedia Platforms, Inc.,
and New Frontiers Media Holdings, LLC, filed for Chapter 11
protection (Bankr. S.D. Fla. Lead Case No. 16-23603) on Oct. 4,
2016.  The petitions were signed by Bobby Blair, CEO.  The cases
are assigned to the Judge Raymond B. Ray.  At the time of filing,
MPW estimated assets at $0 to $50,000 and liabilities at $1 million
to $10 million.

The Debtors are represented by Michael D. Seese, at Seese, P.A.  

An Official Committee of Unsecured Creditors has not yet been
appointed in the Chapter 11 case.



NATGASOLINE LLC: S&P Assigns 'BB-' Rating on 3 New Debt Issuances
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' project finance rating and
'1' recovery rating to Beaumont, Texas-based Natgasoline LLC's
three new issuances. The outlook is stable. The '1' recovery rating
reflects S&P's expectation of very high (90%-100%; rounded
estimate: 95%) in the event of default.

S&P siad, "Furthermore, we withdrew the 'BB-' and '1' recovery
rating on Natgasoline's series 2016 tax exempt bonds, which will be
replaced by the new series 2018 tax exempt bonds.

"We assess the operations phase stand-alone credit profile at
'bb-'. This project is subject to significant market risk,
specifically regarding natural gas and methanol pricing. Though
methanol prices have rebounded from lows in 2016 and are currently
comparatively high due to shorter-term supply imbalances, the
market remains highly volatile. This is likely to be an ongoing
risk to the project, even though the issuer has entered into
strategic natural gas hedges (it currently has hedges for portions
of its required feedstock through 2024).

"The stable outlook on Natgasoline reflects our expectation that
the project, having completed construction in mid-2018, will
continue to ramp up operations during the next six to 12 months; we
anticipate DSCRs exceeding 3x during the first full year of
operations.

"An upgrade would stem from demonstration of high availability and
operating costs that are in line with our initial expectations for
the operations phase. We also anticipate that the market for
methanol will remain resilient during this period, though we
anticipate in our operating phase business assessment that market
volatility will be high, thus necessitating higher DSCRs, possibly
exceeding 4x throughout the entirety of the asset life."

A downgrade could occur if the ramp up to full availability takes
materially longer than originally expected, or the methanol market
weakens substantially such that minimum DSCRs fall beneath 2.5x.


NEIMAN MARCUS: Bank Debt Trades at 8% Off
-----------------------------------------
Participations in a syndicated loan under which Neiman Marcus Group
Inc. is a borrower traded in the secondary market at 92.33
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.55 percentage points from the
previous week. Neiman Marcus pays 325 basis points above LIBOR to
borrow under the $29 million facility. The bank loan matures on
October 25, 2020. Moody's rates the loan 'Caa2' and Standard &
Poor's gave a 'CCC-' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, November 9.


NEOVASC INC: Will Release Its Q3 Financial Results on Nov. 14
-------------------------------------------------------------
Neovasc, Inc., will report financial results for the quarter and
nine months ended Sept. 30, 2018 and host a conference call and
webcast at 4:30 p.m. Eastern Time on Wednesday, Nov. 14, 2018.

Conference Call & Webcast

Wednesday, November 14th @ 4:30 p.m. Eastern Time
Domestic:                                 855-283-1097
International:                            323-794-2575
Passcode:                                 7885315
Webcast: http://public.viavid.com/index.php?id=131832

Replays available through November 28th:
Domestic:                                 844-512-2921
International:                            412-317-6671
Conference ID:                            7885315

                       About Neovasc Inc.

Based in Richmond, British Columbia, Neovasc Inc. --
http://www.neovasc.com/-- is a specialty medical device company
that develops, manufactures and markets products for the rapidly
growing cardiovascular marketplace.  Its products include the
Neovasc Reducer, for the treatment of refractory angina, which is
not currently available in the United States and has been available
in Europe since 2015, and the Tiara, for the transcatheter
treatment of mitral valve disease, which is currently under
clinical investigation in the United States, Canada and Europe.

Neovasc reported a net loss of US$22.91 million for the year ended
Dec. 31, 2017, compared to a net loss of US$86.49 million for the
year ended Dec. 31, 2016.  As of June 30, 2018, Neovasc had
US$23.88 million in total assets, US$28.04 million in total
liabilities and a total deficit of US$4.15 million.

Grant Thornton issued a "going concern" opinion in its report on
the consolidated financial statements for the year ended Dec. 31,
2017, stating that the Company incurred a consolidated net loss of
US$24.86 million during the year ended Dec. 31, 2017, and, as of
that date, the Company's consolidated current liabilities exceeded
its current assets by US$6.06 million.  The auditors said these
conditions, along with other matters, indicate the existence of a
material uncertainty that casts substantial doubt about the
Company's ability to continue as a going concern.


ONCOBIOLOGICS INC: Advances ONS-5010 Into Wet AMD Clinical Trial
----------------------------------------------------------------
Oncobiologics, Inc., said it has begun dosing patients in its first
clinical trial for ONS-5010, a proprietary ophthalmic bevacizumab
product candidate, in patients with wet age related macular
degeneration (wet AMD).

This first clinical study for ONS-5010, the Company's lead product
candidate, is being conducted outside of the United States and is
designed to serve as the first of two adequate and well controlled
studies for wet AMD.  The U.S. portion of the second study is
scheduled to begin in early 2019 upon the submission of an
investigational new drug (IND) application.  The Company's wet AMD
clinical program was reviewed at a successful end of Phase 2
meeting held with the U.S. Food and Drug Administration (FDA)
conducted earlier in 2018.  If the program is successful, it will
support the Company's plans to submit for regulatory approval in
multiple markets in 2020.  The Company is developing ONS-5010 as an
innovative therapy and not using the biosimilar drug development
pathway.

"The commencement of the ONS-5010 clinical program targeting
ophthalmic indications is a major achievement and I am extremely
proud of the team for reaching this key milestone so quickly," said
Lawrence A. Kenyon, president, CEO and CFO.  "We were able to enter
the clinic in less than 12 months from the start of the project.
ONS-5010 presents an exciting opportunity to meet the need for
affordable critical therapeutic options for patients and we are
planning to build on the progress achieved to date."

                     About Oncobiologics

Oncobiologics, Inc. -- http://www.oncobiologics.com/-- is a
clinical-stage biopharmaceutical company focused on identifying,
developing, manufacturing and commercializing complex biosimilar
therapeutics.  The Cranbury, New Jersey-based Company's current
focus is on technically challenging and commercially attractive
monoclonal antibodies, or mAbs, in the disease areas of immunology
and oncology.

Oncobiologics reported a net loss attributable to common
stockholders of $40.02 million for the year ended Sept. 30, 2017,
compared to a net loss attributable to common stockholders of
$63.13 million for the year ended Sept. 30, 2016.

As of June 30, 2018, Oncobiologics had $34.08 million in total
assets, $43.35 million in total liabilities, $3.93 million in
series A convertible preferred stock, and a total stockholders'
deficit of $13.19 million.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Sept. 30, 2017, citing that the
Company has incurred recurring losses and negative cash flows from
operations since inception and has an accumulated deficit at Sept.
30, 2017 of $186.2 million, $13.5 million of senior secured notes
due in December 2018 and $4.6 million of indebtedness that is due
on demand, which raises substantial doubt about its ability to
continue as a going concern.


ONCOBIOLOGICS INC: BioLexis Has 78.1% Stake as of Nov. 7
--------------------------------------------------------
BioLexis Pte. Ltd., Ghiath M. Sukhtian and Arun Kumar Pillai
disclosed in a Schedule 13D/A filed with the Securities and
Exchange Commission that as of Nov. 7, 2018, they beneficially own
99,296,382 shares of common stock of Oncobiologics, Inc., which
represents 78.1% of the shares outstanding.  The percentage was
calculated based upon 72,198,468 Shares outstanding as set forth in
the Issuer's Quarterly Report on Form 10-Q for the period ending
June 30, 2018, as filed with the SEC on Aug. 14, 2018, plus (1) the
8,577,248 Shares acquired by BioLexis Pte. Ltd. on Nov. 7, 2018,
(2) warrants to purchase an aggregate of 37,262,820 Shares, and (3)
9,128,931 Shares underlying the Preferred Stock.

Tenshi Life Sciences Private Limited, a private investment vehicle
of Kumar, and GMS Pharma (Singapore) Pte. Limited, a private
investment company and wholly-owned subsidiary of GMS Holdings, a
private investment company, are the 50:50 beneficial owners of
BioLexis in which each of Tenshi and GMS Pharma owns 50% of the
outstanding voting shares.  Kumar, a natural person, is the holder
of a controlling interest in Tenshi.  Sukhtian, a natural person,
is the holder of a controlling interest in GMS Holdings, which is
the holder of a controlling interest in GMS Pharma.

On Nov. 5, 2018, BioLexis entered into a purchase agreement with
Oncobiologics pursuant to which BioLexis agreed to purchase, in a
private placement, up to $20.0 million of Shares.  On Nov. 7, 2018,
the Issuer closed the initial sale of 8,577,248 Shares to BioLexis
for an aggregate purchase price of $8.0 million, and amended its
Investor Rights Agreement with BioLexis.  The remaining $12.0 will
fund in three equal tranches on each of
Dec. 3, 2018, Jan. 3, 2019 and Feb. 1, 2019, subject to customary
closing conditions and achievement of certain funding milestones as
set forth in the November 2018 Purchase Agreement.  The source of
funds for such purchases was the working capital of BioLexis and
capital contributions made to BioLexis.

Oncobiologics intends to use the net proceeds from the Private
Placement primarily for (i) clinical trials for its lead product
candidate, ONS-5010, and (ii) for working capital and general
corporate purposes, including the agreed repayments on the senior
secured notes.

A full-text copy of the regulatory filing is available at:

                     https://is.gd/5vFPiv

                      About Oncobiologics

Oncobiologics, Inc. -- http://www.oncobiologics.com/-- is a
clinical-stage biopharmaceutical company focused on identifying,
developing, manufacturing and commercializing complex biosimilar
therapeutics.  The Cranbury, New Jersey-based Company's current
focus is on technically challenging and commercially attractive
monoclonal antibodies, or mAbs, in the disease areas of immunology
and oncology.

Oncobiologics reported a net loss attributable to common
stockholders of $40.02 million for the year ended Sept. 30, 2017,
compared to a net loss attributable to common stockholders of
$63.13 million for the year ended Sept. 30, 2016.

As of June 30, 2018, Oncobiologics had $34.08 million in total
assets, $43.35 million in total liabilities, $3.93 million in
series A convertible preferred stock, and a total stockholders'
deficit of $13.19 million.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Sept. 30, 2017, citing that the
Company has incurred recurring losses and negative cash flows from
operations since inception and has an accumulated deficit at Sept.
30, 2017 of $186.2 million, $13.5 million of senior secured notes
due in December 2018 and $4.6 million of indebtedness that is due
on demand, which raises substantial doubt about its ability to
continue as a going concern.


ONCOBIOLOGICS INC: Receives Commitment for $20M Equity Financing
----------------------------------------------------------------
Oncobiologics Inc. said it has received an equity financing
commitment for $20 million and restructured and extended the
maturity of its senior secured notes that were previously scheduled
to mature on Dec. 22, 2018.  In combination with these improvements
to its balance sheet, the Company has committed to reduce expenses,
sell or license the rights to some or all of its clinical stage
biosimilar assets and to explore strategic options for its
manufacturing plant.

On Nov. 5, 2018, Oncobiologics entered into a purchase agreement
with BioLexis Pte. Limited (formerly known as "GMS Tenshi Holdings
Pte. Limited"), the Company's strategic business partner and
largest investor, providing for the private placement of $20.0
million of shares of its common stock at $0.9327 per share, the
Nasdaq "minimum price" on that date.  The closing of the sale of
the first tranche of this private placement for an aggregate of
8,577,248 shares of Oncobiologics' common stock for aggregate cash
proceeds of $8.0 million is expected to occur on or about Nov. 7,
2018, subject to customary closing conditions.  The remaining $12.0
will fund in three equal tranches on each of Dec. 3, 2018, Jan. 3,
2019 and Feb. 1, 2019, as set forth in the purchase agreement.
Oncobiologics intends to use the net proceeds from the private
placement primarily for clinical trials for its lead product
candidate, ONS-5010, and for working capital and general corporate
purposes, including the agreed repayments on the senior secured
notes.

Also on Nov. 5, 2018, Oncobiologics reached an agreement with the
holders of its senior secured notes to extend the maturity of the
senior secured notes, which have a face value of $13.5 million, up
to 12 months, or until Dec. 22, 2019, in exchange for making
several payments of principal and interest through Aug. 31, 2019,
subject to meeting additional capital raising commitments, with an
initial payment of $2.2 million payable upon initial closing of
sale of shares to BioLexis.  In addition, Oncobiologics agreed to
make the senior secured notes convertible into common stock at a
price of 1.11924 per share (120% of the price per share paid by
BioLexis under the purchase agreement) and reduced the strike price
of the warrants held by such holders to $1.50 and extended the
expiration of these warrants by three years.  Oppenheimer & Co.
Inc. acted as financial advisor to Oncobiologics in connection with
the restructuring of its senior secured notes.

Oncobiologics also undertook to take such steps as may be
reasonably necessary to amend the exercise price to $1.50 and
further extend the expiration date of its outstanding Series A
warrants (NASDAQ: ONSIW) by three years.

"We appreciate the expanded investment by our partner, BioLexis,
and the continued engagement by our long term senior secured note
investors to improve and extend our ability to fund and advance the
ONS-5010 program," continued Mr. Kenyon.  "This capital commitment
and debt restructuring are important steps towards our goal to
remove all debt from our balance sheet by the end of 2019. We are
also exploring all possible opportunities to monetize past
investments to support future growth at Oncobiologics."

                     About Oncobiologics

Oncobiologics, Inc. -- http://www.oncobiologics.com/-- is a
clinical-stage biopharmaceutical company focused on identifying,
developing, manufacturing and commercializing complex biosimilar
therapeutics.  The Cranbury, New Jersey-based Company's current
focus is on technically challenging and commercially attractive
monoclonal antibodies, or mAbs, in the disease areas of immunology
and oncology.

Oncobiologics reported a net loss attributable to common
stockholders of $40.02 million for the year ended Sept. 30, 2017,
compared to a net loss attributable to common stockholders of
$63.13 million for the year ended Sept. 30, 2016.

As of June 30, 2018, Oncobiologics had $34.08 million in total
assets, $43.35 million in total liabilities, $3.93 million in
series A convertible preferred stock, and a total stockholders'
deficit of $13.19 million.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Sept. 30, 2017, citing that the
Company has incurred recurring losses and negative cash flows from
operations since inception and has an accumulated deficit at Sept.
30, 2017 of $186.2 million, $13.5 million of senior secured notes
due in December 2018 and $4.6 million of indebtedness that is due
on demand, which raises substantial doubt about its ability to
continue as a going concern.



OPEN ROAD: Court Approves Bid Procedures for Assets Sale
--------------------------------------------------------
BankruptcyData.com reported that the Court hearing the Open Road
Films case approved (a) bid and sale procedures relating to the
sale of the Debtors' assets (including stalking horse protections
and a proposed timeline) and (b) a form of asset purchase agreement
between the Debtors and any potential stalking horse bidder.

All bids must be accompanied by a deposit equal to 10% of the
proposed purchase price and must include a commitment to close the
sale by November 16, 2018. Bids at auction must be made in minimum
increments of $1 million. The following general timeline was
approved: (i) a bid deadline of November 2, 2018, (ii) an auction
to be held on November 7, 2018, with objections due by November 9,
2018, (iii) a sale hearing to be held on November 9, 2018, with
objections by November 2, 2018 and (iv) a deadline to close the
sale transaction of November 16, 2018.

                         About Open Road

Open Road Films, LLC, together with its affiliated debtors, is an
independent distributor of motion pictures in the United States and
licenses motion pictures in ancillary markets, principally to home
entertainment, pay television, subscription and transactional
video-on-demand, free television, and other non-theatrical
entertainment distribution markets.

Open Road Films, LLC, and its affiliates sought Chapter 11
protection (Bankr. D.Del. Lead Case No. 18-12012) on Sept. 6, 2018.
Open Road estimated assets and debt of $100 million to $500
million.

The Hon. Laurie Selber Silverstein is the case judge.

Young Conaway Stargatt & Taylor, LLP, led by Robert F. Poppiti,
Jr., Esq., Michael R. Nestor, Esq., Sean M. Beach, Esq., Ian J.
Bambrick, Esq. serves as counsel to the Debtors.  Klee, Tuchin,
Bogdanoff & Stern LLP, led by Michael L. Tuchin, Esq., Jonathan M.
Weiss, Esq., Sasha M. Gurvitz, Esq. also serves as counsel to the
Debtors.  FTI Consulting, Inc. acts as restructuring advisors and
Donlin Recano & Company is claims and noticing agent to the
Debtors.


PALADIN HOSPITALITY: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Paladin Hospitality, LLC as of Nov. 14,
according to a court docket.

             About Paladin Hospitality

Paladin Hospitality, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 18-67292) on Oct. 12,
2018.  In the petition signed by Earl E. Cloud, III, owner, the
Debtor estimated assets of less than $50,000 and debts of less than
$1 million.  The Debtor tapped William Anderson Rountree, Esq., at
Rountree & Leitman, LLC, as counsel.


PANIOLO CABLE: Involuntary Chapter 11 Case Summary
--------------------------------------------------
Alleged Debtor:        Paniolo Cable Company, LLC
                       77-808 Kamehameha Hwy
                       Mililani, HI 96789

Business Description:  Paniolo Cable Company, LLC owns a fiber
                       optic network connecting five major
                       Hawaiian Islands.

Case Number:           18-01319

Involuntary
Chapter 11
Petition Date:         November 13, 2018

Court:                 United States Bankruptcy Court
                       District of Hawaii (Honolulu)

Judge:                 Hon. Robert J. Faris

Petitioners' Counsel:  Andrew V. Beaman, Esq.
                       CHUN KERR LLP
                       999 Bishop Street, Suite 2100
                       Honolulu, HI 96813
                       Tel: 808.528.8200
                       Fax: 808.536.5869
                       E-mail: abeaman@chunkerr.com

                          - and -

                       Toby L. Gerber, Esq.
                       NORTON ROSE FULBRIGHT US LLP
                       2200 Ross Avenue, Suite 3600
                       Dallas, TX 75201
                       Tel: 214.855.8000
                       Fax: 214.855.8200
                       E-mail: toby.gerber@nortonrosefulbright.com

List of petitioners:

  Name                               Nature of Claim  Claim Amount
  ----                               ---------------  ------------
HSBC Securities (USA), Inc.             Principal &   $199,143,920
452 Fifth Avenue                      Interest Owed
New York, NY 10018                       on Notes

Sunrise Partners Limited Partnership    Principal &    $10,000,000
2 American Way                        Interest Owed
Greenwich, CT 06831                      on Notes

Deutsche Bank Trust Company Americas, Fees & Expenses      $24,557
as Agent, c/o Deutsche Bank National
Trust Company
100 Plaza One
Jersey City, NJ 07311-3901

A full-text copy of the Involuntary Petition is available for free
at:

             http://bankrupt.com/misc/hib18-01319.pdf


PETROQUEST ENERGY: $50MM Exit Facility to Fund Chapter 11 Plan
--------------------------------------------------------------
PetroQuest Energy, Inc. and affiliates filed with the U.S.
Bankruptcy Court for the Southern District of Texas a disclosure
statement for their proposed chapter 11 plan of reorganization
dated Nov. 6, 2018.

After extensive arm's-length negotiations, the Debtors, the
Prepetition Term Loan Lenders and certain of the Combined
Prepetition Second Lien Noteholders were able to agree on the terms
of a comprehensive restructuring transaction. The key terms of this
transaction are embodied in the Restructuring Support Agreement,
which was signed on Nov. 6, 2018 by the Debtors, the Prepetition
Term Loan Lenders, and a group of Combined Prepetition Second Lien
Noteholders holding approximately 85% of the face value of the
Prepetition Second Lien Notes.

The Debtors entered into the Restructuring Support Agreement only
after a robust review process by the members of the Board. Based
upon regular updates to the Board regarding the status of
negotiations between the parties in the period leading up to the
commencement of the Chapter 11 Cases, and upon rigorous review and
negotiation of the Restructuring Support Agreement and the Plan by
the Board, the Debtors determined that the terms of the
Restructuring Support Agreement and the Plan represent the best
transaction available and will maximize value to all stakeholders.

The Restructuring Support Agreement contemplates that certain
restructuring transactions will be implemented in accordance with
terms consistent with the Plan. The key elements of the Plan
include:

   * Combined Prepetition Second Lien Noteholders receive the New
Equity and New Second Lien PIK Notes. The Combined Prepetition
Second Lien Noteholders will receive 100% of the New Equity,
subject to (i) dilution by the awards related to New Equity issued
under the Management Incentive Plan and (ii) the Put Option
Premium, and $80 million of New Second Lien PIK Notes.

   * Restructuring takes place on an agreed schedule. The
restructuring transactions will be conducted under a timeline set
forth in the Restructuring Support Agreement, which requires the
Debtors to File the Plan by November 6, 2018 and the Effective Date
to occur no later than December 31, 2018.

   * Releases and Exculpation. The Plan includes mutual releases in
favor of (a) the Debtors and their related persons, professionals,
and entities, and (b) the Consenting Creditors and their related
persons, professionals, and entities. The Plan will also provide
for the exculpation of the Debtors and their related persons,
professionals, and entities.

Each  Holder of an Allowed General Unsecured Claim in Class 7 will
receive its Pro Rata share of the General Unsecured Claims
Distribution on the Effective Date; provided, however, that to the
extent that Class 7 votes to accept the Plan, the Holders of Second
Lien Notes Claims will not receive any distribution on account of
their Allowed Second Lien Deficiency Claims.

On the Effective Date, or as soon as reasonably practicable
thereafter, the Reorganized Debtors, with the consent of the
Requisite Creditors, shall undertake the Restructuring
Transactions, including: (1) the execution and delivery of any
appropriate agreements or other documents of merger, consolidation,
restructuring, conversion, disposition, transfer, dissolution, or
liquidation containing terms that are consistent with the terms of
the Plan, and that satisfy the requirements of applicable law and
any other terms to which the applicable Entities may agree (2) the
execution and delivery of appropriate instruments of transfer,
assignment, assumption, or delegation of any asset, property,
right, liability, debt, or obligation on terms consistent with the
terms of the Plan and having other terms for which the applicable
Entities agree; and (3) the filing of appropriate certificates or
articles of incorporation, reincorporation, merger, consolidation,
conversion, or dissolution pursuant to applicable state law.

The Reorganized Debtors will fund distributions under the Plan
through issuance and distribution of new equity, new second lien
PIK notes, and exit facility.

Terms of the Exit Facility to include:

   i. Borrower: New Parent

  ii. Guarantors: Each subsidiary of New Parent

iii. Principal Amount: $50 million

  iv. Term: 5 years

   v. Interest Rate: LIBOR + 750 bps (subject to a 1.00% floor)

  vi. Security: Secured by a first lien security interest in the
equity of each subsidiary of New Parent on the same collateral that
secures the Prepetition Term Loan Agreement

A full-text copy of the Disclosure Statement is available for free
at:

     http://bankrupt.com/misc/txsb18-36322-19.pdf

PetroQuest Energy, Inc. -- http://www.petroquest.com -- is an
independent oil and gas companies engaged in the exploration,
development, acquisition and operation of oil and gas properties in
Texas and Louisiana, primarily in the Cotton Valley, Gulf Coast
Basin, and Austin Chalk plays. The Debtors maintain offices in
Lafayette, Louisiana and The Woodlands, Texas. The Debtors
currently employ 64 people and utilize the services of an
additional eight specialized and trained field workers and
engineers through third- party service providers.  

Petroquest along with its seven affiliates filed for chapter 11
bankruptcy protection (Bankr. S.D. Tex. 18-36322 to 28) on Nov. 6,
2018, and are represented by John F. Higgins, Esq., Joshua W.
Wolfshohl, Esq., and M. Shane Johnson, Esq. of Porter Hedges LLP.
The petition was signed by Charles T. Goodson, chief executive
officer and president.
                  
Petroquest listed its estimated assets at $1 million to $10 million
and estimated liabilities at $100 million to $500 million.

Judge David R. Jones presides over the case.                       
      


PETSMART INC: Bank Debt Trades at 14% Off
-----------------------------------------
Participations in a syndicated loan under which Petsmart
Incorporated is a borrower traded in the secondary market at 86.04
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.34 percentage points from the
previous week. Petsmart Incorporated pays 300 basis points above
LIBOR to borrow under the $42 million facility. The bank loan
matures on March 10, 2022. Moody's rates the loan 'B3' and Standard
& Poor's gave a 'CCC' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, November 9.


PG&E CORP: Could See Financial Hit if Found Liable for Camp Fire
----------------------------------------------------------------
San Francisco-based utility giant PG&E Corp. and subsidiary Pacific
Gas and Electric Company said in a regulatory filing that their
insurance wouldn't be enough to cover the cost if PG&E is found
responsible for one of the worst wildfires in California history.

"While the cause of the Camp Fire is still under investigation, if
the Utility's equipment is determined to be the cause, the Utility
could be subject to significant liability in excess of insurance
coverage," PG&E said in a document filed with the Securities and
Exchange Commission on Nov. 13.  This would "have a material impact
on PG&E Corporation's and the Utility's financial condition,
results of operations, liquidity, and cash flows."

                            Camp Fire

PG&E said that on Nov. 8, 2018, a wildfire began near the city of
Paradise, Butte County, California, located in the service
territory of the Utility.  The California Department of Forestry
and Fire Protection's Camp Fire Incident Report dated Nov. 13,
2018, 7:00 a.m. Pacific Time, indicated that the Camp Fire had
consumed 125,000 acres and was 30% contained.  Cal Fire estimates
in the incident report that the Camp Fire will be fully contained
on November 30, 2018.  In the incident report, Cal Fire reported 42
fatalities.  The incident report also disclosed:

     * structures threatened, 15,500;
     * single residences destroyed, 6,522;
     * single residences damaged, 75;
     * multiple residences destroyed, 85;
     * commercial structures destroyed, 260;
     * commercial structures damaged, 32; and
     * other minor structures destroyed, 772.

The cause of the Camp Fire is under investigation.  On Nov. 8,
2018, PG&E subsidiary Pacific Gas and Electric Company submitted an
electric incident report to the California Public Utilities
Commission indicating that "on November 8, 2018 at approximately
0615 hours, PG&E experienced an outage on the Caribou-Palermo 115
kV Transmission line in Butte County.  In the afternoon of November
8, PG&E observed by aerial patrol damage to a transmission tower on
the Caribou-Palermo 115 kV Transmission line, approximately one
mile north-east of the town of Pulga, in the area of the Camp Fire.
This information is preliminary."  Also on Nov. 8, acting governor
Gavin Newsom issued an emergency proclamation for Butte County, due
to the effect of the Camp Fire.

During the third quarter of 2018, PG&E Corporation and the Utility
renewed their liability insurance coverage for wildfire events in
an aggregate amount of approximately $1.4 billion for the period
from August 1, 2018 through July 31, 2019.

While the cause of the Camp Fire is still under investigation, if
the Utility's equipment is determined to be the cause, the Utility
could be subject to significant liability in excess of insurance
coverage that would be expected to have a material impact on PG&E
Corporation's and the Utility's financial condition, results of
operations, liquidity, and cash flows.

                       Bankruptcy Concerns

PG&E shares had dropped 64 percent since Nov. 7, 2018, amid
concerns that it would be held liable for a catastrophic wildfire
that has killed more than 50 people, destroyed thousands of homes
and scorched over 140,000 acres.  But PG&E shares rallied as much
as 49 percent in extended trading Nov. 15 after the head of the
CPUC said he can't imagine allowing the state's largest utility to
go into bankruptcy as it faces billions of dollars in potential
liability from the wildfires.

"It's not good policy to have utilities unable to finance the
services and infrastructure the state of California needs," PUC
President Michael Picker said in an interview, according to
Bloomberg News.  "They have to have stability and economic support
to get the dollars they need right now."

According to Bloomberg, PG&E hasn't said it plans to file for
bankruptcy, and is still rated investment grade.  But some
analysts, Bloomberg reports, say it may have to eventually
reorganize under court protection to clear its fire-linked
liabilities.

                        Revolving Credit

As of Nov. 13, 2018, Pacific Gas, and PG&E Corporation have
aggregate borrowings outstanding under their respective revolving
credit facilities of $3.0 billion and $300 million, respectively.
The Utility's aggregate borrowings under its revolving credit
facility includes $2.85 billion of revolving credit loans,
approximately $105 million of letters of credit outstanding, and
$10 million of commercial paper.  No additional amounts are
available under the Utility's and PG&E Corporation's respective
revolving credit facilities.

With these borrowings, PG&E Corporation and the Utility's balance
of cash and cash equivalents increased to approximately $356
million and $3.1 billion, respectively, at Nov. 13, 2018.  PG&E
Corporation and the Utility made the borrowings under their
respective revolving credit facilities for greater financial
flexibility.  PG&E Corporation and the Utility plan to invest the
cash proceeds from the borrowings in highly liquid short-term
investments and to use them for general corporate purposes,
including upcoming debt maturities.

                         About PG&E Corp

PG&E Corporation is a holding company that holds interests in
energy based businesses.  The Company's holdings include a public
utility operating in northern and central California that provides
electricity and natural gas distribution, electricity generation,
procurement, and transmission, and natural gas procurement,
transportation, and storage.

PG&E's balance sheet as of Sept. 30, 2018, showed $71.39 billion in
assets and $51.69 billion in liabilities.



PLATTE COUNTY, MO: S&P Cuts 2007 Bond Rating to 'CC', Outlook Neg.
------------------------------------------------------------------
S&P Global Ratings lowered its rating to 'CC' from 'B-' on the
Platte County Industrial Development Authority, Mo.'s series 2007
transportation refunding and improvement revenue bonds (Zona Rosa
Retail Project), issued for Platte County. The outlook is
negative.

"The downgrade reflects the county's recently filed petition for
declaratory relief that, along with the County Board of
Commissioners' public statements at an August 2018 board meeting
expressing unwillingness to continue appropriating for the series
2007 Zona Rosa bonds, increases the likelihood of default on the
2007 bonds, in our view, to near certainty within the next 18
months, and as soon as Dec. 1, 2018," said S&P Global Ratings
credit analyst Blake Yocom.

The 2007 Zona Rosa bonds are special obligations of the Platte
County Industrial Development Authority payable solely from a
portion of the Transportation Development District (TDD) sales tax
revenues appropriated by the district and amounts appropriated in
each fiscal year by Platte County from legally available funds. The
series 2007 bonds refunded the series 2003 bonds, financed the
construction of an 802-space multilevel parking garage, funded
capitalized interest, and funded a debt service reserve (DSR). The
bonds mature on Dec. 1, 2032.

"The negative outlook on the county's series 2007 Zona Rosa bonds
reflects our view that following depletion of the debt service
reserve and other funds on hand, which we believe will occur within
18 months, the intended payment source revenue streams will likely
be insufficient to fully support future principal and interest
payments without a county appropriation," added Mr. Yocom. S&P
said, "In this scenario, we view a default as a certainty and will
lower the rating to 'D' following default. If county-elected
officials unexpectedly change their viewpoint on supporting the
bonds, withdraw their litigation, and demonstrate a commitment to
annually appropriate for the series 2007 Zona Rosa bonds through
2032 by authorizing the county's previous budget appropriation to
pay the trustee the Dec. 1, 2018 payment in full, renew the LOC,
and reverse their previous public statements indicating a lack of
support, we would no longer view default as a virtual certainty and
we would revise the rating accordingly. However, based on the
county commissioners' public statements and actions, we currently
view that possibility as extremely unlikely."



PRESSURE BIOSCIENCES: Posts $3.23 Million Net Loss in Third Quarter
-------------------------------------------------------------------
Pressure Biosciences, Inc. has filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss attributable to common stockholders of $3.23 million on
$521,766 of total revenue for the three months ended Sept. 30,
2018, compared to a net loss attributable to common stockholders of
$2.34 million on $646,061 of total revenue for the three months
ended Sept. 30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss attributable to common stockholders of $18.58 million on
$1.77 million of total revenue compared to a net loss attributable
to common stockholders of $7.88 million on $1.73 million of total
revenues for the same period during the prior year.

As of Sept. 30, 2018, the Company had $2.25 million in total
assets, $7.47 million in total liabilities, and a total
stockholders' deficit of $5.21 million.

Pressure Biosciences stated, "The accompanying financial statements
have been prepared assuming that the Company will continue as a
going concern, which contemplates the realization of assets and the
liquidation of liabilities in the normal course of business.
However, we have experienced negative cash flows from operations
with respect to our pressure cycling technology business since our
inception.  As of September 30, 2018, we do not have adequate
working capital resources to satisfy our current liabilities and as
a result, there is substantial doubt regarding our ability to
continue as a going concern."  

The Company has experienced negative cash flows from operations
with respect to its pressure cycling technology business since its
inception.  As of Sept. 30, 2018, the Company did not have adequate
working capital resources to satisfy its current liabilities and as
a result.

"We have been successful in raising cash through debt and equity
offerings in the past and ... we received $6.0 million in net
proceeds from loans and $1.3 million in net proceeds from sales of
preferred stock in the nine months ended September 30, 2018.  We
have efforts in place to continue to raise cash through debt and
equity offerings.

"We will need substantial additional capital to fund our operations
in future periods.  If we are unable to obtain financing on
acceptable terms, or at all, we will likely be required to cease
our operations, pursue a plan to sell our operating assets, or
otherwise modify our business strategy, which could materially harm
our future business prospects," the Company added.

Net cash used in operations for the nine months ended September 30,
2018 was $3,615,582 as compared to $3,089,767 for the nine months
ended Sept. 30, 2017.  The Company agreed to issue 110,833
additional shares of common stock at $2.50 per share to an
investor.  The fair value was recorded as other charge of $340,257.
The Company also issued 110,833 additional warrants with an
exercise price of $3.50 and an expiration period of five years from
the original issue date.  The fair value was recorded as other
charges of $312,637.  The Company also recorded $335,132 in gains
on debt extinguishment.  The Company also paid interest toward
loans in 2018.

Net cash used in investing activities for the nine months ended
Sept. 30, 2018 was none compared to $16,617 in the prior period.
Cash capital expenditures in the prior year included laboratory
equipment and IT equipment.

Net cash provided by financing activities for the nine months ended
Sept. 30, 2018 was $3,540,468 as compared to $2,986,744 for the
same period in the prior year.  The cash from financing activities
in the period ended Sept. 30, 2018 included $1,255,463 net proceeds
from sales of preferred stock, $460,000 from its Revolving Note and
$3,848,484 from convertible debt, net of fees and less payment on
convertible debt of $2,097,750.  The Company also received
$1,595,901 from non-convertible debt, net of fees, less payment on
non-convertible debt of $1,579,130.  Related parties also lent the
Company $116,100 in short-term non-convertible loans of which the
Company repaid $58,600.  The cash from financing activities in the
period ending Sept. 30, 2017 included $2,070,000 from the Company's
Revolving Note and $140,215 from warrant exercises.  The Company
also received $2,400,752 from non-convertible debt, net of fees,
less payment on non-convertible debt of $783,682 and payment on
convertible debt of $840,541.

A full-text copy of the Form 10-Q is available for free at:

                        https://is.gd/1n8tUz

                    CEO Provides Business Update

On Nov. 14, 2018, an interview with Richard T. Schumacher, the
chief executive officer and president of Pressure BioSciences, Inc.
was posted to the website of Uptick Newswire and released to the
public by a press release in the U.S. and Canada.  In this
interview, Mr. Schumacher disclosed that the Company believes that
utilizing its technology platform of combining ultra-high pressure
and shearing (which the Company calls Ultra Shear Technology),
Cannabidiol plant oil can be made water soluble.  In addition, on
the same day, Mr. Schumacher conducted the Company's regular
quarterly financial results and business update conference call. On
that call, Mr. Schumacher disclosed that the Company had used its
Ultra Shear Technology to make CBD plant oil water soluble.  On
that call, Mr. Schumacher further disclosed that on Nov. 15, 2018,
the Company would issue a press release on that achievement, which
is expected to have an embedded link to a video describing the
Ultra Shear Technology process and showing it make CBD plant oil
water soluble.

                      About Pressure Biosciences

South Easton, Massachusetts-based Pressure BioSciences --
http://www.pressurebiosciences.com/-- is engaged in the
development and sale of innovative, broadly enabling,
pressure-based solutions for the worldwide life sciences industry.
The Company's products are based on the unique properties of both
constant (i.e., static) and alternating (i.e., pressure cycling
technology) hydrostatic pressure.  PCT is a patented enabling
technology platform that uses alternating cycles of hydrostatic
pressure between ambient and ultra-high levels to safely and
reproducibly control bio-molecular interactions.

Pressure Biosciences incurred a net loss of $10.71 million in 2017
compared to a net loss of $2.70 million in 2016.

In their report dated April 2, 2018 with respect to the Company's
consolidated financial statements for the years ended Dec. 31,
2017, MaloneBailey, LLP, in Houston, Texas, the Company's
independent registered public accounting firm since 2015, expressed
substantial doubt about the Company's ability to continue as a
going concern.  The auditors stated that the Company has a working
capital deficit, has incurred recurring net losses and negative
cash flows from operations.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.



PRO LOGGING INC: Seeks to Transfer Real Estate Title to Pro South
-----------------------------------------------------------------
Pro Logging, Inc., asks the U.S. Bankruptcy Court for the Northern
District of Mississippi to authorize it to transfer title to any
and all real estate owned to Pro South, Inc. to Pro South.

The Debtor is owned by Russell Stites, who also owns Pro South.
Pro South has been approved for a real estate loan and the proceeds
will be used to satisfy in full Pro South's current lender,
Region's Bank, as well as liens filed by the Internal Revenue
Service.  In addition, this loan will satisfy Region's Bank
security interest in equipment owned by Pro Logging, Inc.

A title search performed on the real estate revealed that part of
the real estate to be used as collateral for the loan is titled to
the Debtor.  The transaction cannot be completed without transfer
of title from the Debtor to Pro South.  The loan proceeds will
exceed the amount owed to Region's Bank (under the current
forbearance agreement) and the Internal Revenue Service.

The Debtor asks the approval of the Court to transfer title of the
real estate owned by the Debtor to Pro South so the loan can be
finalized.  It believes the transfer is in the best interests of
the estate and creditors.  The transfer of title will provide a
greater recovery for the estate and its creditors than could be
achieved by any other available alternative.

Because of the need to close the loan as promptly as possible, the
Debtor asks that the Court orders and directs that the order
approving the Motion will not be automatically stayed for 14 days.

                      About Pro Logging

Pro Logging, Inc., filed a Chapter 11 petition (Bankr. N.D. Miss.
Case No. 18-12388) on June 20, 2018.  In the petition signed by
Russell Stites, president, the Debtor estimated less than $50,000
in assets and less than $1 million in liabilities.  Schneller &
Lomenick, P.A., led by name partner Karen B. Schneller, is the
Debtor's counsel.


PROMISE HEALTHCARE: U.S. Trustee Forms 7-Member Committee
---------------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on Nov. 14 appointed
seven creditors to serve on the official committee of unsecured
creditors in the Chapter 11 cases of Promise Healthcare Group, LLC
and its affiliates.

The committee members are:

     (1) HEB Ababa
         Ronaldoe Guiterrez and Yolanda Penney
         Attn: Joseph Antonelli, Esq.
         Law office of Joseph Antonelli
         14758 Pipeline Avenue, Suite E, 2nd floor
         Chino Hills, CA 91709
         Phone: 909-393-0223
         Fax: 909-393-0471

     (2) Cardinal Health
         Attn: Tyronza Walton
         7000 Cardinal Pl.
         Dublin, OH 43017
         Phone: 614-553-3154
         Fax: 614-652-4117   

     (3) Wound Care Management, LLC
         d/b/a MEDCENTRIS
         Attn: Pete Hartley
         16065 Lamonte Drive
         Hammond, LA 70403
         Phone: 965-692-7070

     (4) Freedom Medical, Inc.
         Attn: Eric Wenzel
         219 Welsh Pool Road
         Exton, PA 19341
         Phone: 610-903-0200
         Fax: 610-903-0177

     (5) Morrison Management Specialists, Inc.
         Attn: Jerry Carpenter
         4721 Morrison Drive, Suite 300
         Mobile, AL 36609
         Phone: 251-461-3020
         Fax: 251-461-3193

     (6) Efficient Management Resources Systems, Inc.
         Attn: William Palley
         19830 West Split Oak Road
         Chatsworth, CA 91311
         Phone: 818-307-6380

     (7) Surgical Program Development
         Attn: Brendan Bakir
         18000 Studebaker Road, Suite 700
         Cerritos, CA 90703
         Phone: 310-748-8800
         Fax: 310-861-5001

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense. They may investigate the debtor's business and financial
affairs. Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                     About Promise Healthcare

Established in 2003, Promise Healthcare is a specialty post-acute
care health company headquartered in Boca Raton, Florida.

Promise Healthcare Group, LLC and its affiliates sought bankruptcy
protection on November 4, 2018 (Bankr. D. Del. Lead Case No. Case
No. 18-12491). The petition was signed by Andrew Hinkelman, chief
restructuring officer.

The Debtors have total estimated assets of $0 to $50,000 and total
estimated liabilities of $50 million to $100 million.

The Debtors tapped DLA Piper LLP and Waller Lansden Dortch & Davis,
LLP as general counsel; FTI Consulting, as financial and
restructuring advisor; Houlihan Lokey and MTS Health Partners,
L.P., as investment bankers; and Prime Clerk LLC as claims agent.


PURADYN FILTER: Posts Third Quarter Net Income of $89.8K
--------------------------------------------------------
Puradyn Filter Technologies Incorporated has filed with the
Securities and Exchange Commission its Quarterly Report on Form
10-Q reporting net income of $89,755 on $1.30 million of net sales
for the three months ended Sept. 30, 2018, compared to a net loss
of $294,339 on $515,846 of net sales for the same period during the
prior year.

For the nine months ended Sept. 30, 2018, the Company reported net
income of $61,884 on $3.34 million of net sales compared to a net
loss of $852,908 on $1.78 million of net sales for the nine months
ended Sept. 30, 2017.

As of Sept. 30, 2018, Puradyn Filter had $2.08 million in total
assets, $10.87 million in total liabilities and a total
stockholders' deficit of $8.79 million.

Puradyn Filter had cash on hand of $98,910 and a working capital
deficit of $1.457 million at Sept. 30, 2018 as compared to cash on
hand of $54,438 and a working capital deficit of $9.471 million at
Dec. 31, 2017.  The Company's current ratio (current assets to
current liabilities) was 0.50 to 1 at Sept. 30, 2018 as compared to
0.08 to 1 at Dec. 31, 2017.  The decrease in negative working
capital is primarily attributable to the Company's Executive
Chairman extending the maturity date of his working capital loans
to Dec. 31, 2019, thereby reclassifying these amounts from current
liabilities to long-term liabilities, together with increases in
inventory and accounts receivable which were offset by decreases in
deferred compensation, sales incentives cash and increase in
accounts payable.  The Company does not currently have any
commitments for capital expenditures.

The Company said, "Historically, we have been materially reliant on
working capital advances from our Executive Chairman to address our
liquidity and working capital issues through the utilization of the
borrowing agreement with him.  In 2018 we have borrowed an
additional $325,000 from him under short term demand notes and
$26,273 under a previous line, and at September 30, 2018 we owed
him an aggregate of $8,314,622.  We do not have the funds necessary
to satisfy these obligations.  While he has continued to fund our
working capital needs and extend the due date of the obligation, he
is under no contractual obligation to do so.  During 2017 he
advised us he does not expect to continue to provide working
capital advances to us at historic amounts.  If we are unable to
meet our obligation to Mr. Vittoria prior to maturity, he has
advised us that he may forgive all, or substantially all, of this
obligation.  However, he is under no obligation to do so.

"We also owe certain of our employees $1,593,724 and $1,626,003,
respectively in deferred cash compensation at September 30, 2018
and December 31, 2017, which represents 55% and 16%, respectively
of our current liabilities on that date.  Since 2005, Mr. Kroger,
our President and COO, has deferred a portion of his compensation
to assist us in managing our cash flow and working capital needs.
Two other employees, who no longer receive a salary, are receiving
regular payments from their deferred compensation.  As there is no
written agreement with these employees which memorializes the terms
of salary deferral, only an election to do so, it is possible the
employees could demand payment in full at any time. We do not have
sufficient funds to satisfy these obligations.

"We do not have any external sources of liquidity at this time, and
our discussions over the past few years with third parties for
potential investments have not been successful.  We historically
have encountered resistance from potential investors on a variety
of fronts, including our operating losses, and the amount of debt
due Mr. Vittoria.  In an effort to improve our ability to raise
capital, on November 11, 2016 he converted $6,100,000 of principal
and interest due him into shares of our common stock at a
conversion price which was a premium to the market value of our
common stock.  However, following such conversion, the hoped-for
change in our potential financing sources looked at our company and
risks associated with it have not changed.  There can be no
assurance we will be able to raise additional capital or generate
enough to repay our debt holders, and it is possible that
stockholders could lose their entire investment in our company."

A full-text copy of the Form 10-Q is available for free at:

                     https://is.gd/oJjDQS

                      About Puradyn Filter

Boynton Beach, Fla.-based Puradyn Filter Technologies Incorporated
(OTC BB: PFTI) -- http://www.puradyn.com/-- designs, manufactures,
markets and distributes worldwide the Puradyn bypass oil filtration
system for use with substantially all internal combustion engines
and hydraulic equipment that use lubricating oil.

Puradyn Filter incurred a net loss of $1.23 million in 2017
compared to a net loss of $1.44 million in 2016.  As of June 30,
2018, Puradyn Filter had $2.02 million in total assets, $10.92
million in total liabilities, and a total stockholders' deficit of
$8.89 million.

The report from the Company's independent accounting firm Liggett &
Webb, P.A. on the consolidated financial statements for the year
ended Dec. 31, 2017, includes an explanatory paragraph stating that
the Company has experienced net losses since inception and negative
cash flows from operations and has relied on loans from related
parties to fund its operations.  These factors raise substantial
doubt about the Company's ability to continue as a going concern.


QUANTUM CORP: Delays Form 10-Q Over Misstatements & Investigation
-----------------------------------------------------------------
Quantum Corporation has determined that it is unable to file its
Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2018
by Nov. 9, 2018, the original due date for such filing, without
unreasonable effort or expense due to certain circumstances.

As previously disclosed, the Company received a subpoena from the
Securities and Exchange Commission regarding its accounting
practices and internal controls related to revenue recognition for
transactions commencing April 1, 2016, which was subsequently
revised in discussions with the SEC to include transactions
commencing Jan. 1, 2015.  In response to the subpoena, the Company
has produced certain documents and provided certain information to
the Staff of the SEC.  Following receipt of the SEC subpoena, as
previously disclosed, the audit committee of the Company's Board of
Directors began an independent investigation of the Company's
accounting practices and internal control over financial reporting
related to revenue recognition for transactions commencing on
Jan. 1, 2016 with the assistance of independent advisors.
Subsequently, a special committee of the Board consisting of two
members of the Audit Committee undertook to continue the
investigation.

The Company previously announced in its Current Report on Form 8-K
filed with the SEC on Sept. 14, 2018 that the Special Committee has
substantially completed and finalized its principal findings with
respect to its investigation.  The principal findings include a
determination that the Company engaged in certain business and
sales practices that may undermine the Company's historical
accounting treatment for transactions with several key distributors
and at least one end customer.  The identified transactions
potentially affected by those practices date from at least the
fourth quarter of fiscal 2015 through the fourth quarter of fiscal
2018.  The Special Committee also found that these business and
sales practices may have resulted in the Company recognizing
revenue for certain transactions prior to satisfying the criteria
for revenue recognition required under U.S. Generally Accepted
Accounting Principles.

On Sept. 14, 2018 and as previously disclosed, the Board concluded
that the Company's previously issued consolidated financial
statements and other financial data for the fiscal years ended
March 31, 2015, March 31, 2016 and March 31, 2017 contained in its
Annual Reports on Form 10-K, and its condensed consolidated
financial statements for the quarters and year-to-date periods
ended June 30, 2015, Sept. 30, 2015, Dec. 31, 2015, June 30, 2016,
Sept. 30, 2016, Dec. 31, 2016, June 30, 2017 and Sept. 30, 2017
contained in its Quarterly Reports on Form 10-Q should no longer be
relied upon because of misstatements.  The Board also determined
that the Company's disclosures related to those financial
statements and related communications issued by or on behalf of the
Company with respect to the Non-Reliance Periods, including
management's assessment of internal control over financial
reporting and disclosure controls and procedures, should no longer
be relied upon.  The determination by the Board  was made upon the
recommendation of the Audit Committee, as a result of the
investigation described above and after consultation with the
Company's management team.

The Company has determined that the accounting treatment
historically applied by the Company for certain transactions
occurring during the Non-Reliance Periods was not appropriate and
inconsistent with the business and sales practices identified in
the investigation, which resulted in the Company recognizing
revenue for those transactions prior to satisfying the criteria for
revenue recognition required under GAAP.  Revenue recognized
prematurely will be recognized in different historical periods or,
where the criteria for recognition of revenue under GAAP have not
yet been satisfied, may be recorded in future periods upon
satisfaction of the criteria required by GAAP.  Based on its
preliminary analysis, which is subject to change, the Company
estimates that: (i) as of Sept. 30, 2017, the end of the last
fiscal quarter publicly reported by the Company, there was between
approximately $25 million and $35 million of prematurely recognized
revenue in the historical periods that may be recognized in periods
subsequent to that date upon satisfaction of the criteria required
by GAAP; and (ii) as of Septe. 30, 2018, the end of its most
recently completed fiscal quarter, there was between approximately
$15 million and $25 million of prematurely recognized revenue in
the historical periods that may be recognized in future periods
upon satisfaction of the criteria required by GAAP.  Additionally,
other known misstatements will be corrected in connection with the
restatement of the Company's historical financial statements.

The Company's management has retained separate advisors to assist
it with an assessment of the accounting matters related to the
Special Committee investigation, including the periods identified
by the Special Committee and prior to those covered by the SEC
subpoena, including the determination and quantification of
misstatements in these periods.  This assessment is ongoing, and
although sufficient information is available to support the
determination made by the Board, the Company has not yet made any
findings on the specific amounts to be set forth in the restated
results.

In addition, the Company is evaluating the impact of the
misstatements described above on its internal control over
financial reporting and disclosure controls and procedures, and
expects to report one or more material weaknesses in internal
control over financial reporting related to this matter and to
report that its internal control over financial reporting and
disclosure controls and procedures were not effective as of the
Non-Reliance Periods, as applicable, as well as in subsequent
periods until such material weakness or weaknesses are remediated.
The Company has begun to implement, will continue to implement and
will continue to evaluate additional remedial measures based on the
findings from the investigation.

In connection with the investigation, the Non-Reliance
Determination and the misstatements, the Company and its advisors
are performing additional work related to the periods included
within the Form 10-Q, which might result in adjustments to the
financial statements and related disclosures included therein.

As a result of these developments, the Company has been unable to
complete its preparation and review of its Form 10-Q in time to
file within the prescribed time period without unreasonable effort
or expense.  While the Company continues to work expeditiously to
conclude this review and file the Form 10-Q as soon as practicable,
the Company does not anticipate filing such Quarterly Report on
Form 10-Q within the five day extension provided by Rule 12b-25(b).
The Company will continue to devote the resources necessary to
address the Non-Reliance Determination and to complete the Form
10-Q, the Annual Report on Form 10-K for the fiscal year ended
March 31, 2018, including management's assessment of internal
control over financial reporting, and the Quarterly Reports on Form
10-Q for the fiscal quarter ended Dec. 31, 2017 and June 30, 2018,
as soon as practicable.

The Company has not filed its Quarterly Reports on Form 10-Q for
the fiscal quarters ended Dec. 31, 2017 and June 30, 2018, or its
Annual Report on Form 10-K for the year ended March 31, 2018.

The Company is unable to provide a reasonable estimate of its
results of operations for the quarter ended Sept. 30, 2018.

                      About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a scale-out tiered storage, archive
and data protection company, providing solutions for capturing,
sharing, managing and preserving digital assets over the entire
data lifecycle.  From small businesses to major enterprises, more
than 100,000 customers have trusted Quantum to address their most
demanding data workflow challenges.  Quantum's end-to-end, tiered
storage foundation enables customers to maximize the value of their
data by making it accessible whenever and wherever needed,
retaining it indefinitely and reducing total cost and complexity.

As of Sept. 30, 2017, Quantum Corp had $211.2 million in total
assets, $335.5 million in total liabilities, and a total
stockholders' deficit of $124.3 million.   

On Jan. 11, 2018, Quantum received a subpoena from the SEC
regarding its accounting practices and internal controls related to
revenue recognition for transactions commencing April 1, 2016.
Following receipt of the SEC subpoena, the Company's audit
committee began an independent investigation with the assistance of
independent advisors, which is currently in process.

On Feb. 15, 2018, the New York Stock Exchange notified Quantum
that it is not in compliance with the NYSE's continued listing
standard because the company has not timely filed its Form 10-Q for
its fiscal third quarter 2018 ended Dec. 31, 2017.  Quantum
received a five-month extension for continued listing and trading
of Quantum's common stock on the New York Stock Exchange.  The
extension, which is subject to review by the NYSE on an ongoing
basis, provides the Company until Jan. 15, 2019, to file its Form
10-K for the year ended March 31, 2018, and its Form 10-Qs for the
three months ended Dec. 31, 2017, and June 30, 2018, with the SEC.


QUOTIENT LIMITED: May Issue 550,000 Ordinary Shares Under 2014 Plan
-------------------------------------------------------------------
Quotient Limited has filed with the Securities and Exchange
Commission a Form S-8 registration statement to register 550,000
additional ordinary shares reserved for issuance under the Second
Amended and Restated 2014 Equity Incentive Plan.

Quotient Limited has registered an aggregate of 3,020,206 ordinary
shares for issuance under the Quotient Limited 2014 Stock Incentive
Plan, as adopted on March 31, 2014, amended and restated on Oct.
28, 2016 and further amended and restated on Oct. 31, 2018,
pursuant to Registration Statements on Form S-8 (Nos. 333-195507,
333-214483, 333-218462 and 333-225553) filed with the SEC on April
25, 2014, Nov. 7, 2016, June 2, 2017 and June 11, 2018,
respectively.

On Oct. 31, 2018, at the annual general shareholders meeting of the
Company, the shareholders of the Company approved the adoption of
the Second Amended and Restated 2014 Plan, which reflected
amendments to the Amended and Restated 2014 Plan to increase by
550,000 both the number of ordinary shares authorized for issuance
and the maximum number of ordinary shares that may be issued upon
the exercise of incentive stock options.

A full-text copy of the prospectus is available for free at:

                       https://is.gd/PsHzxG

                      About Quotient Limited

Penicuik, United Kingdom-based Quotient Limited is a
commercial-stage diagnostics company committed to reducing
healthcare costs and improving patient care through the provision
of innovative tests within established markets.  With an initial
focus on blood grouping and serological disease screening, Quotient
is developing its proprietary MosaiQTM technology platform to offer
a breadth of tests that is unmatched by existing commercially
available transfusion diagnostic instrument platforms.  The
Company's operations are based in Edinburgh, Scotland; Eysins,
Switzerland and Newtown, Pennsylvania.

As of Sept. 30, 2018, the Company had $154.53 million in total
assets, $169.27 million in total liabilities and a total
shareholders' deficit of $14.73 million.  Quotient reported a net
loss of $82.33 million for the year ended March 31, 2018, compared
to a net loss of $85.06 million for the year ended March 31, 2017.

The report from the Company's independent accounting firm Ernst &
Young LLP, in Belfast, United Kingdom, the Company's auditor since
2007, on the consolidated financial statements for the year ended
March 31, 2018, includes an explanatory paragraph stating that the
Company has recurring losses from operations and planned
expenditure exceeding available funding, and has stated that
substantial doubt exists about the Company's ability to continue as
a going concern.


REIGN SAPPHIRE: Incurs $1.40 Million Net Loss in Third Quarter
--------------------------------------------------------------
Reign Sapphire Corporation has filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss of $1.40 million on $540,631 of net revenues for the three
months ended Sept. 30, 2018, compared to a net loss of $3.07
million on $960,497 of net revenues for the three months ended
Sept. 30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $355,987 on $90,451 of net revenues compared to a net
loss of $1.49 million on $255,975 of net revenues for the same
period a year ago.

As of Sept. 30, 2018, Reign Sapphire had $1.86 million in total
assets, $4.54 million in total liabilities and a total
shareholders' deficit of $2.68 million.

Overall, the Company had a decrease in cash flows of $1,465 in the
nine months ended Sept. 30, 2018 resulting from cash used in
operating activities of $298,433, cash used in investing activities
of $6,439, and cash provided by financing activities of $303,407.

For the nine months ended Sept. 30, 2018, net cash used in
operating activities was $298,433.  Net cash used in operations was
primarily due to a net loss of $(1,402,686), offset partially by
the changes in operating assets and liabilities of $406,202,
primarily due to a net decrease in accounts receivable of $8,628,
accrued compensation - related party of $138,750, due to related
party of $380,121, inventory of $2,545, prepaid expenses of $1,336,
and other current liabilities of $5,903, offset primarily by
changes in accounts payable of $61,311, deferred revenue of
$60,839, and the estimated fair value of contingent payments, net,
of $8,931.  In addition, net cash used in operating activities was
offset primarily by adjustments to reconcile net loss from the loss
on extinguishment of debt of $548,425, the accretion of the debt
discount of $293,740, depreciation expense of $9,470, amortization
expense of $175,786, the estimated fair market value of stock
issued for services of $148,211, and the amortization of stock
issued for future services of $11,250, stock based compensation
issued to employees of $7,742, and stock based compensation -
related party of $2,390, offset primarily by the change in
derivative liabilities of $498,963.

For the nine months ended Sept. 30, 2018, net cash used in
investing activities was $860 for purchases of computer equipment
and $5,579 for website development costs.  For the nine months
ended Sept. 30, 2017, net cash used in investing activities was
$940 for purchases of computer equipment and $67,388 for website
development costs.

For the nine months ended Sept. 30, 2018, net cash provided by
financing activities was $303,407 due to proceeds from short term
convertible notes (net of issuance costs) of $250,000, proceeds
from short term notes (net of issuance costs) of $155,020, offset
primarily by repayments of short term notes of $101,613. For the
nine months ended Sept. 30, 2017, net cash provided by financing
activities was $121,632 due to proceeds from short term notes of
$147,504, offset primarily by repayments of $25,872.

"[W]e expect that our current working capital position, together
with our expected future cash flows from operations will be
insufficient to fund our operations in the ordinary course of
business, anticipated capital expenditures, debt payment
requirements and other contractual obligations for at least the
next twelve months.  However, this belief is based upon many
assumptions and is subject to numerous risks, and there can be no
assurance that we will not require additional funding in the
future.

"We have no present agreements or commitments with respect to any
material acquisitions of other businesses, products, product rights
or technologies or any other material capital expenditures.
However, we will continue to evaluate acquisitions of and/or
investments in products, technologies, capital equipment or
improvements or companies that complement our business and may make
such acquisitions and/or investments in the future. Accordingly, we
may need to obtain additional sources of capital in the future to
finance any such acquisitions and/or investments. We may not be
able to obtain such financing on commercially reasonable terms, if
at all.  Due to the ongoing global economic crisis, we believe it
may be difficult to obtain additional financing if needed. Even if
we are able to obtain additional financing, it may contain undue
restrictions on our operations, in the case of debt financing, or
cause substantial dilution for our shareholders, in the case of
equity financing," the Company stated in the SEC filing.

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/htHA7E

                      About Reign Sapphire

Reign Sapphire Corporation is a Beverly Hills-based,
direct-to-consumer, branded and custom jewelry company.  Reign
Sapphire was established as a vertically integrated "source to
retail" model for sapphires -- rough sapphires to finished jewelry;
a color gemstone brand; and a jewelry brand featuring Australian
sapphires.  Reign Sapphire is not an exploration or mining company
and is not engaged in exploration or mining activities.  Reign
Sapphire purchases rough sapphires in bulk, directly from
commercial miners in Australia.

For the year ended Dec. 31, 2017, Reign Corporation reported a net
loss of $4.25 million.  As of June 30, 2018, the Company had $1.93
million in total assets, $4.39 million in total liabilities and a
total shareholders' deficit of $2.46 million.

Hall & Company, in Irvine, California, the Company's auditor since
2015, issued a "going concern" opinion in its report on the
consolidated financial statements for the year ended Dec. 31, 2017,
citing that the Company has suffered losses from operations and
cash outflows from operating activities that raise substantial
doubt about its ability to continue as a going concern.


RENNOVA HEALTH: Issues $1.24 Million Additional Debentures
----------------------------------------------------------
Rennova Health, Inc. disclosed it has received proceeds of
$1,000,000 from the issuance of $1,240,000 senior secured original
issue discount convertible debentures due Sept. 19, 2019.

As previously announced, the Additional Issuance Agreements entered
into by Rennova Health on July 16, 2018 provided that, from time to
time on or before Dec. 31, 2018, in one or more closings, the
Company could request that the institutional investors party to the
Additional Issuance Agreements purchase up to $3,100,000 aggregate
principal amount of additional Convertible Debentures issuable
under the Additional Issuance Agreements.  As also previously
announced, on Aug. 2, 2018 the institutional investors purchased
$620,000 aggregate principal amount of additional Debentures, with
the Company receiving proceeds of $500,000 and on Sept. 6, 2018,
the institutional investors purchased $1,240,000 aggregate
principal amount of additional Debentures, with the Company
receiving proceeds of $1,000,000.

The Company requested that the institutional investors purchase
additional Debentures, and the investors agreed to purchase
$1,240,000 aggregate principal amount of Debentures.  The
Debentures were issued on Nov. 8, 2018.  After the issuances on
Aug. 2, 2018, Sept. 6, 2018 and Nov. 8, 2018, there is no further
availability under the Additional Issuance Agreements.

These Debentures were issued in reliance on the exemption from
registration contained in Section 4(a)(2) of the Securities Act of
1933, as amended, and by Rule 506 of Regulation D promulgated
thereunder as a transaction by an issuer not involving a public
offering.

              Amendments to Articles of Incorporation

On Nov. 9, 2018, the Company filed an Amendment to its Certificate
of Incorporation in order to effect a 1-for-500 reverse stock split
of the Company's shares of common stock effective on
Nov. 12, 2018.  As previously announced, on Aug. 22, 2018 the
holders of a majority of the total voting power of the Company's
securities approved an amendment to the Company's Certificate of
Incorporation to effect a reverse split of all of the Company's
shares of common stock at a specific ratio within a range from
1-for-200 to 1-for-500, and granted authorization to the Board of
Directors to determine in its discretion the specific ratio and
timing of the reverse split prior to Sept. 1, 2019.  The Board
approved the specific ratio and timing on Nov. 5, 2018.

As a result of the reverse stock split, every 500 shares of the
Company's pre-reverse split common stock have been combined and
reclassified into one share of the Company's common stock.
Proportionate voting rights and other rights of common stockholders
were not affected by the reverse stock split, other than as a
result of the cash payment for any fractional shares that would
have otherwise been issued.  Stockholders who would otherwise hold
a fractional share of common stock will receive a cash payment in
respect of such fraction of a share of common stock.  No fractional
shares will be issued in connection with the reverse stock split.

The reverse stock split became effective at 5:00 pm, Eastern Time,
on Nov. 12, 2018 and the Company's common stock continued to trade
on a post-split basis at the open of business on Nov. 13, 2018. The
Company's post-reverse split common stock has a new CUSIP number,
but the par value and other terms of the common stock were not
affected by the reverse stock split, except that, for the first 20
days after the reverse split, the common stock will trade under the
symbol "RNVAD".  Thereafter, it will trade under the Company's
existing symbol "RNVA".  Prior to the reverse split the Company had
approximately 7.65 billion shares of common stock outstanding,
which resulted in approximately 15.29 million post-split shares.

All outstanding preferred shares, stock options, warrants and
equity incentive plans immediately prior to the reverse stock split
have generally been appropriately adjusted by dividing the number
of shares of common stock into which the preferred shares, stock
options, warrants and equity incentive plans are exercisable or
convertible by 500 and multiplying the exercise or conversion price
by 500, as a result of the reverse stock split.

The Company's transfer agent, Computershare Inc., is acting as
exchange agent for the reverse stock split and will send
instructions to stockholders of record regarding the exchange of
certificates for common stock.

                       About Rennova Health

Rennova Health, Inc. -- http://www.rennovahealth.com/-- owns and
operates two rural hospitals in Tennessee and provides diagnostics
and supportive software solutions to healthcare providers,
delivering an efficient, effective patient experience and superior
clinical outcomes.  Beginning in 2018, the Company intends to focus
on and operate two synergistic divisions: 1) clinical diagnostics
through its clinical laboratories; and 2) hospital operations
through its Big South Fork Medical Center, which opened on Aug. 8,
2017, and a hospital in Jamestown Tennessee, including a doctor's
practice, the assets of which it expects to acquire in the second
quarter of 2018, pursuant to the terms of a definitive asset
purchase agreement that the Company entered into on Jan. 31, 2018.

Rennova Health reported a net loss attributable to common
shareholders of $108.5 million for the year ended Dec. 31, 2017,
compared to a net loss attributable to common shareholders of
$32.61 million for the year ended Dec. 31, 2016.

As of Sept. 30, 2018, the Company had $19.43 million in total
assets, $39.76 million in total liabilities, $5.83 million in
redeemable preferred stock I-1, $3.96 million in redeemable
preferred stock I-2, and a total stockholders' deficit of $30.13
million.

The report from the Company's independent accounting firm Green &
Company, CPAs, in Tampa, Florida, the Company's auditor since 2015,
on the consolidated financial statements for the year ended Dec.
31, 2017, includes an explanatory paragraph stating that the
Company has significant net losses, cash flow deficiencies,
negative working capital and accumulated deficit.  These conditions
raise substantial doubt about the company's ability to continue as
a going concern.


RENNOVA HEALTH: Nov. 12 Is the New Reverse Split Effective Date
---------------------------------------------------------------
Rennova Health, Inc. said that the effective time of the reverse
split announced Nov. 8, 2018, of 5:00 pm, Eastern Time, on Nov. 9,
2018, has been moved to 5:00 pm, Eastern Time, on Nov. 12, 2018, at
which point, the Company will effect a 1 for 500 reverse stock
split of its outstanding common stock.  The Company's common stock
will open for trading on Tuesday Nov. 13, 2018, on a post-split
basis.  This change was made following a recommendation made by
FINRA due to Monday November 12, being Veterans Day, a Federal
holiday.

As a result of the reverse stock split, every 500 shares of the
Company's common stock issued and outstanding on the Effective Time
will be consolidated into one issued and outstanding share, except
to the extent that the reverse stock split results in any of the
Company's stockholders owning a fractional share, which fractional
share will be in that case paid in cash.  In connection with the
reverse stock split, there will be no change in the nominal par
value per share of $0.0001.

Trading of the Company's common stock will continue, on a
split-adjusted basis, with the opening of the markets on Tuesday,
Nov. 13, 2018, under the existing trading symbol "RNVA" under a new
CUSIP number.  Based on the number of shares outstanding on Nov. 9,
2018, the reverse stock split will reduce the number of shares of
the Company's common stock outstanding from approximately 7.6
billion pre-reverse split shares to approximately 15.3 million
post-reverse split.

All outstanding preferred shares, stock options, warrants, and
equity incentive plans immediately prior to the reverse stock split
generally will be appropriately adjusted by dividing the number of
shares of common stock into which the preferred shares, stock
options, warrants and equity incentive plans are exercisable or
convertible by 500 and multiplying the exercise or conversion price
by 500, as a result of the reverse stock split.

The Company has retained its transfer agent, Computershare, Inc.,
to act as its exchange agent for the reverse stock split.
Computershare will provide stockholders of record as of the
Effective Time a letter of transmittal providing instructions for
the exchange of their stock certificates.  Stockholders owning
shares via a broker or other nominee will have their positions
automatically adjusted to reflect the reverse stock split, subject
to brokers' particular processes, and will not be required to take
any action in connection with the reverse stock split.

The reverse stock split was approved by the directors of the
Company, pursuant to a resolution adopted by written consent of the
holders of the majority of the total voting power of the Company's
securities on Aug. 22, 2018.

                     About Rennova Health

Rennova Health, Inc. -- http://www.rennovahealth.com/-- owns and
operates two rural hospitals in Tennessee and provides diagnostics
and supportive software solutions to healthcare providers,
delivering an efficient, effective patient experience and superior
clinical outcomes.  Beginning in 2018, the Company intends to focus
on and operate two synergistic divisions: 1) clinical diagnostics
through its clinical laboratories; and 2) hospital operations
through its Big South Fork Medical Center, which opened on Aug. 8,
2017, and a hospital in Jamestown Tennessee, including a doctor's
practice, the assets of which it expects to acquire in the second
quarter of 2018, pursuant to the terms of a definitive asset
purchase agreement that the Company entered into on Jan. 31, 2018.

Rennova Health reported a net loss attributable to common
shareholders of $108.5 million for the year ended Dec. 31, 2017,
compared to a net loss attributable to common shareholders of
$32.61 million for the year ended Dec. 31, 2016.

As of June 30, 2018, the Company had $16.24 million in total
assets, $138.32 million in total liabilities, $5.83 million in
redeemable preferred stock I-1, $2.03 million in redeemable
preferred stock I-2, and a total stockholders' deficit of $129.9
million.

The report from the Company's independent accounting firm Green &
Company, CPAs, in Tampa, Florida, the Company's auditor since 2015,
on the consolidated financial statements for the year ended Dec.
31, 2017, includes an explanatory paragraph stating that the
Company has significant net losses, cash flow deficiencies,
negative working capital and accumulated deficit.  These conditions
raise substantial doubt about the company's ability to continue as
a going concern.


RENNOVA HEALTH: Posts Third Quarter Net Income of $97.2 Million
---------------------------------------------------------------
Rennova Health, Inc. has filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q reporting net income
of $97.19 million on $5.03 million of net revenues for the three
months ended Sept. 30, 2018, compared to a net loss of $10.82
million on $810,088 of net revenues for the three months ended
Sept. 30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $3.85 million on $9.93 million of net revenues compared
to a net loss of $31.17 million on $1.56 million of net revenues
for the same period during the prior year.

As of Sept. 30, 2018, the Company had $19.43 million in total
assets, $39.76 million in total liabilities, $5.83 million in
redeemable preferred stock I-1, $3.96 million in redeemable
preferred stock I-2, and a total stockholders' deficit of $30.13
million.

The Company had a working capital deficit and an accumulated
deficit of $30 million and $191.0 million, respectively, at Sept.
30, 2018.  In addition, the Company had a loss from operations of
approximately $3.9 million and cash used in operating activities of
$7.1 million for the nine months ended Sept. 30, 2018.  The reduced
loss from operations was primarily driven by a positive change in
fair value of derivative instruments in the amount of $13.7 million
and a gain on bargain purchase in the amount of $7.7 million.  The
continued losses and other related factors raise substantial doubt
about the Company's ability to continue as a going concern for
twelve months from
Nov. 14, 2018.

According to Rennova, "There can be no assurance that the Company
will be able to achieve its business plan, raise any additional
capital or secure the additional financing necessary to implement
its current operating plan.  The ability of the Company to continue
as a going concern is dependent upon its ability to significantly
reduce its operating costs, increase its revenues, and eventually
regain profitable operations.  The accompanying consolidated
financial statements do not include any adjustments that might be
necessary if the Company is unable to continue as a going
concern."

                Liquidity and Capital Resources

For the nine months ended Sept. 30, 2018 and 2017, the Company
financed its operations primarily from the sale of its equity
securities, the issuance of debentures, short-term advances from
related parties, and the proceeds the Company received from
pledging certain of its accounts receivable in March 2016.  Future
cash needs for working capital, capital expenditures and potential
acquisitions will require management to seek additional equity or
obtain additional credit facilities.  As of Nov. 9, 2018, the
Company had enough authorized shares of common stock to issue
additional shares of common stock.  The sale of additional equity
will result in additional dilution to the Company's stockholders.
A portion of the Company cash may be used to acquire or invest in
complementary businesses or products or to obtain the right to use
complementary technologies.  From time to time, in the ordinary
course of business, the Company evaluates potential acquisitions of
such businesses, products or technologies.

At Sept. 30, 2018, the Company had no cash on hand from continuing
operations, a working capital deficit of $30 million and a
stockholders' deficit of $30.1 million.  In addition, the Company
incurred a loss from continuing operations before other income
(expense) and income taxes of $2.8 million and $8.9 million for the
three and nine months ended Sept. 30, 2018, respectively.  As of
Nov. 14, 2018, the Company's cash position is still deficient;
however, payments critical to its operations in the ordinary course
are being made.  The Company's fixed operating expenses include
payroll, rent, capital lease payments and other fixed expenses, as
well as the costs required to operate Big South Fork Medical
Center, which began operations on Aug. 8, 2017, and Jamestown
Regional Medical Center, which was acquired on June 1, 2018.  The
fixed operating expenses were approximately $2.6 and $2.1 million
per month for the three and nine months ended
Sept. 30, 2018, respectively.

On Feb. 9, 2018, the holders exercised their right to exchange a
portion of the September Debentures for shares of the Series I-2
Preferred Stock for the first time.  On that date, the holders
elected to exchange an aggregate of $1,384,556 principal amount of
September Debentures and the Company issued an aggregate 1,730.7
shares of its Series I-2 Preferred Stock.  On July 16, 2018, under
the Exchange Agreements with the holders of the Sept. Debentures,
the holders exchanged a portion of the September Debentures for
shares of the Company's Series I-2 Preferred Stock.  On that date,
the holders elected to exchange an aggregate of $1,741,580
principal amount of the September Debentures and the Company issued
an aggregate of 2,176.975 shares of its Series I-2 Preferred Stock.
In July 2018, the holder converted 538.137 shares of Series I-2
Preferred Stock into 1,764,927 shares of the Company's common
stock.

For the nine months ended Sept. 30, 2018, the Company issued an
aggregate of 142,667 shares of restricted stock to employees and
directors, based upon the recommendation of the Compensation
Committee of the Board.  The Company recognized stock-based
compensation in the amount of $477,933 for the grant of such
restricted stock based on a valuation of $3.35 per share.

The Company had 7,365,881 and 39,502 shares of common stock issued
and outstanding at Sept. 30, 2018 and Dec. 31, 2017, respectively.
During the nine months ended Sept. 30, 2018, the Company issued an
aggregate of 3,886,680 shares of its common stock upon conversion
of $6.7 million of the principal amount of the March 2017
Debentures.  The Company also issued 1,492,228 shares of common
stock upon exercise of 5,906,177 warrants, on a cashless basis and
40,000 shares of common stock upon the conversion of 50 shares of
its Series H Preferred stock.

On March 5, 2018, May 14, 2018, May 21, 2018 and June 28, 2018, the
Company closed offerings of $6,810,000 aggregate principal amount
of Senior Secured Original Issue Discount Convertible Debentures
due Sept. 19, 2019.  The Company received proceeds of $5,500,000 in
the offerings.  The terms of these debentures are the same as those
issued under the previously-announced Securities Purchase
Agreement, dated as of Aug. 31, 2017.  On July 16, 2018, Aug. 2,
2018, and Sept. 6, 2018, the Company entered into Additional
Issuance Agreements, with two existing institutional investors of
the Company.  Under the Issuance Agreements, the Company issued
$3.1 million aggregate principal amount of Senior Secured Original
Issue Discount Convertible Debentures due Sept. 19, 2019 and
received proceeds of $2.5 million.  The conversion terms of these
debentures are the same as those issued in September 2017 under the
Purchase Agreement with the exception of the floor conversion
price, which is $.052 per share.  These debentures may also be
exchanged for shares of the Company's Series I-2 Preferred Stock
under the terms of the Exchange Agreements.

A full-text copy of the Form 10-Q is available for free at:

                       https://is.gd/4SqXBT

                        About Rennova Health

Rennova Health, Inc. -- http://www.rennovahealth.com/-- owns and
operates two rural hospitals in Tennessee and provides diagnostics
and supportive software solutions to healthcare providers,
delivering an efficient, effective patient experience and superior
clinical outcomes.  Beginning in 2018, the Company intends to focus
on and operate two synergistic divisions: 1) clinical diagnostics
through its clinical laboratories; and 2) hospital operations
through its Big South Fork Medical Center, which opened on Aug. 8,
2017, and a hospital in Jamestown Tennessee, including a doctor's
practice, the assets of which it expects to acquire in the second
quarter of 2018, pursuant to the terms of a definitive asset
purchase agreement that the Company entered into on Jan. 31, 2018.

Rennova Health reported a net loss attributable to common
shareholders of $108.5 million for the year ended Dec. 31, 2017,
compared to a net loss attributable to common shareholders of
$32.61 million for the year ended Dec. 31, 2016.

As of June 30, 2018, the Company had $16.24 million in total
assets, $138.32 million in total liabilities, $5.83 million in
redeemable preferred stock I-1, $2.03 million in redeemable
preferred stock I-2, and a total stockholders' deficit of $129.9
million.

The report from the Company's independent accounting firm Green &
Company, CPAs, in Tampa, Florida, the Company's auditor since 2015,
on the consolidated financial statements for the year ended Dec.
31, 2017, includes an explanatory paragraph stating that the
Company has significant net losses, cash flow deficiencies,
negative working capital and accumulated deficit.  These conditions
raise substantial doubt about the company's ability to continue as
a going concern.


RENTPATH INC: Bank Debt Trades at 17% Off
-----------------------------------------
Participations in a syndicated loan under which RentPath
Incorporated [ex-Primedia Inc] is a borrower traded in the
secondary market at 82.81 cents-on-the-dollar during the week ended
Friday, November 9, 2018, according to data compiled by
LSTA/Thomson Reuters MTM Pricing. This represents an increase of
1.24 percentage points from the previous week. RentPath
Incorporated pays 475 basis points above LIBOR to borrow under the
$49 million facility. The bank loan matures on December 11, 2021.
Moody's rates the loan 'B3' and Standard & Poor's gave a 'B' rating
to the loan. The loan is one of the biggest gainers and losers
among 247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended Friday, November 9.


RICHARD HOWARD: Inline Communities Buying Dallas Parcels for $9.7K
------------------------------------------------------------------
Richard E. Howard and Joan B. Howard ask the U.S. Bankruptcy Court
for the Northern District of Georgia to authorize the sale of the
parcels of real property including, without limitation, 61.26 acres
at 878 Cole Creek Road, Dallas, Paulding County, Georgia to Inline
Communities, LLC or its assigns for $9,700, subject to higher and
better offers.

The Debtors are individuals and reside in the State of Georgia.
They own the Real Property.

The Debtors believe that Hamilton State Bank holds a first priority
lien on the Real Property as evidenced by that certain deed to
secure debt dated Sept. 13, 2006 recorded at deed book 2246 page
200 as collateral for a commercial loan.

The Buyer is willing to purchase the Real Property in accordance
with the terms and conditions set forth in the Agreement of
Purchase and Sale.  The Debtor anticipates that the requirements of
Section 363(t) of the Bankruptcy Code will be satisfied for the
proposed Sale of the Assets free and clear of Liens and Claims.
Any liens on the Assets will attach to the proceeds of the Sale.
Any sale of the Real Property will be on an "as is, where is" basis
and without representations or warranties of any kind, nature, or
description.

In the event Hamilton State Bank's three loans are cross
collateralized then the net proceeds will be remitted to Hamilton
State Bank.  In the event Hamilton State Bank's loans are not
cross-collateralized, then proceeds will be remitted to Hamilton
State Bank in satisfaction of its loan and any balance will be
remitted to Debtors to be held for payment of unsecured claims;
provided, however, the Debtors will be permitted to retain and use
$10,000 of the proceeds for payment of living expenses.

The Debtors also ask that the Court allows the sale to be
consummated immediately as authorized by Bankruptcy Rule 6004(g).
Time is of the essence.  They ask that the Court waives any rules
and requirements that prevent a sale of any assets during the
initial filing of the case.  Without a sale, there will be no hope
of a successful reorganization.  Additionally, they believe that
prospective purchasers are attempting to utilize the bankruptcy to
reduce the sale price.

A copy of the Agreement attached to the Motion is available for
free at:

   http://bankrupt.com/misc/Richard_Howard_122_Sales.pdf

Counsel for Debtor:

          M. Denise Dotson, Esq.
          M. DENISE DOTSON, LLC
          P.O. Box 435
          Avondale Estates, GA 30002
          Telephone: (404) 210-0166
          E-mail: denise@rnddotsonlaw.com

Richard E. Howard and Joan B. Howard sought Chapter 11 protection
(Bankr. N.D. Ga. Case No. 17-67284) on Oct. 2, 2017.  The Debtors
tapped J. Nevin Smith, Esq., at Smith Conerly LLP, as counsel.



RMWM PARTNERS: Nov. 28 Plan Status Hearing
------------------------------------------
A status hearing on RMWM Partners, LLC's Chapter 11 plan and
accompanying disclosure statement will be held on November 28,
2018, at 10:00 A.M.  Objections to confirmation of the Plan and
adequacy of the Disclosure Statement are due by November 21.

Class II consists of the Claim of Timbercreek Mortgage Servicing,
Inc., which was filed in the amount of $19,401,619.28.  

Class III consists of the Claim of Brightspot which provided
financing and was scheduled by the Debtor in the amount of
$1,800,000.  

The Debtor will make payment of all rental income received by the
Debtor from the Property, which is currently $193,258.42, to
Timbercreek Mortgage Servicing, Inc., servicer of the first
mortgage on the Property.  If Walmart exercises its option to
extend the Walmart Lease or negotiates a new lease, the Debtor
shall have a one year period from that date, while still making
payment of all of the rent from the Property to Timbercreek, to
sell or refinance the property with the proceeds first going to pay
the first mortgage in full, with the expected excess being used to
implement an agreed upon payment schedule for Brightspot pursuant
to which the Brightspot Allowed Claim shall be paid.

If Walmart elects not to extend or renegotiate the Walmart Lease,
the Debtor shall execute a deed in lieu for the benefit of
Timbercreek and Brightspot shall execute a release of its mortgage
and security interest and deliver them to Timbercreek.

Brightspot will be paid only after Timbercreek is paid in full and
as otherwise provided for in the Plan.  The Plan provides that
Brightspot shall be paid from the proceeds of any sale or
refinancing of the Property after Timbercreek is paid and shall be
paid pursuant to the Waterfall.

The Debtor is not aware of the existence of any priority creditors
or general unsecured creditors.  The current holder of the equity
in the Debtor has committed to paying any Class I Claims and Class
IV Claims that do exist as a new value contribution.  Similarly,
the current holder of the equity in the Debtor has committed to
paying Allowed Administrative Claims as a new value contribution.

To fund the Plan, the Debtor will pay to Timbercreek the rent that
it receives from Walmart and Sam's Club to pay the Allowed Claim of
Timbercreek.  Currently, the Debtor receives $193,258.42 per month
in rent from Walmart and Sam’s Club.  The amount of rent due from
Walmart and Sam's Club may change during the Holding Period.  The
rent received by the Debtor from Walmart and Sam's Club shall first
be used to pay interest to Timbercreek based on a 30-month loan
with interest as provided for in the Plan with the balance of the
monthly rent received by the Debtor and paid to Timbercreek to be
applied against the principal portion of the Allowed Claim of
Timbercreek and shall not be deemed to be a pre-payment of
interest.

Irrespective of the amount of rent received, the Reorganized Debtor
will continue to turn over the entire amount of the monthly rent it
receives to Timbercreek until the earliest to occur of: (i) the
Initial Property Turnover Date; (ii) the Second Property Turnover
Date; and (iii) the sale of the Property, the Sam's Club Parcel or
the Walmart Parcel is consummated pursuant to (x) the ROFR Purchase
Offer, (y) the Timbercreek Refusal Purchase Agreement, or (z) the
Brightspot Refusal Purchase Agreement.

If only the Sam's Club Parcel or the Walmart Parcel is sold, then
the Reorganized Debtor will continue to pay to Timbercreek the rent
the Reorganized Debtor receives on the remaining parcel until the
earlier to occur of the Allowed Claim of Timbercreek is paid in
full or the Second Property Turnover Date and if the Adjusted Sam's
Club Rent is $0, then the Reorganized Debtor shall make payments to
Timbercreek as provided for in Section 4.2 of the Plan.

Upon the sale of the Property, Timbercreek will be paid in full
from the proceeds of the sale.  Brightspot will be paid from the
excess proceeds of the sale after payment in full to Timbercreek up
to the amount of the Brightspot Allowed Claim.

To the extent that the Debtor or the Reorganized Debtor is required
to pay Allowed administrative expenses, such as quarterly fees to
the United States Trustee or attorneys' fees, or general unsecured
claims, those payments will be made by BC-29, the holder of all of
the equity in the Debtor as a new value contribution.

A copy of the Disclosure Statement is available at
https://tinyurl.com/ycj3ecjc from PacerMonitor.com at no charge.

            About RMWM Partners and RMWM Investors

RMWM Partners LLC owns in fee simple a real property located at
1460-70 Golf Road, Rolling Meadows, Illinois, valued by the company
at $24.30 million.

RMWM Partners and its affiliate RMWM Investors, LLC, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Ill. Case Nos. 18-12808 and 18-12812) on May 1, 2018.

In the petitions signed by Gus Dahleh, manager, RMWM Partners
disclosed $24.3 million in assets and $21.2 million in liabilities.
RMWM Investors disclosed $12.9 million in liabilities and zero
assets.

Judge Benjamin A. Goldgar presides over the cases.

David P. Lloyd, Ltd., is the Debtors' counsel.


SAM MEYERS: JPC Buying Substantially All Assets for $324K
---------------------------------------------------------
Sam Meyers, Inc., asks the U.S. Bankruptcy Court for the Western
District of Kentucky to authorize the bidding procedures in
connection with the sale of substantially all asssets to JPC
Holdings, LLC for $324,313, subject to overbid.

The Debtor continues to run its dry cleaning, garment restoration,
and wholesale formalwear business, including a formalwear retail
shop, out of its headquarters located at 3400 Bashford Ave Ct.
("Corporate Office").  In addition to the Corporate Office, the
Debtor also runs a formalwear shop at The Mall St. Matthews ("Mall
Shop") and runs two dry cleaning routes.  The Corporate Office,
Mall Shop, and Dry Cleaners employ all of the Debtor's employees.

On June 22, 2018, the Court entered its Order approving the sale of
the Debtor's Corporate Office to Louisville Sterling, LLC for $1.2
million.  The Debtor is leasing a much smaller space from
Louisville Sterling to utilize as its corporate office going
forward.

The Debtor has identified a purchaser for its remaining assets.
The Purchaser will operate the Mall Shop and Dry Cleaners as well
as work out of the Corporate Office.  The Debtor's assets are
comprised primarily of the Debtor's equipment, fixtures, inventory,
tangible and intangible property.  It desires to conduct an asset
sale with the goal of keeping the business in operation.

The Debtor has selected the Purchaser as the stalking horse bidder
for the purchase of its assets for the purpose of establishing a
minimum acceptable bid with which to begin bidding at the auction.
They have entered into Asset Purchase Agreement.

The Purchaser is a Kentucky limited liability company with its
principal place of business located in Louisville, Kentucky.  JPC
is owned by one of the five current shareholders of Debtor, James
P. Corbett, and his spouse.  The source of funds for the purchase
will not come from the Debtor.

The Debtor believes that an auction utilizing the APA from JPC as
the stalking horse bid for a sale of the Debtor is in the best
interest of its estate and creditors.  It also believes the sale is
in the best interest of the local community.

By the Motion, the Debtor asks that the Court enters the Procedures
Order approving the (i) Bidding Procedures for the Auction, (ii)
the setting of a hearing to authorize and approve the Asset Sal,
and (iii) the form of the Notice of Auction and Sale Hearing.  It
asks an expedited hearing on the Bidding Procedures Order.

The Debtor further asks that at the Sale Hearing, the Court enters
the Sale Order authorizing it to (i) sell substantially all of the
Assets, free and clear of all liens, claims, and interests (other
than certain specified assumed liabilities), on substantially the
terms set forth in the APA; (ii) assume certain of the executory
contracts and unexpired leases associated with its business; (iii)
assign the Assumed Contracts to JPC or the Successful Bidder; and
(iv) allow JPC or the Successful Bidder to pay the amounts, if any,
necessary to cure existing defaults or arrearages under the Assumed
Contracts.

The salient terms of the APA are:

     a. Purchase Price: On the Closing Date, JPC will (i) pay to
Debtor $324,313 upon closing of the sale and (ii) assume certain
liabilities of the Debtor.

     b. Assets: The proposed sale will include the Assets, which
comprise substantially all of the value of the Debtor.

     c. Sale Free and Clear: The Assets are to be transferred free
and clear of all Encumbrances ) other than the Assumed
Liabilities.

     d. Assumption of Executory Contracts and Leases: The Seller
will assume and assign to the Buyer all of the Seller's rights
under, title to, and interest in the Assumed Contracts.  JPC may on
any business day up to seven calendar days prior to the Bid
Deadline, provide written notice to Debtor of any Designated
Contract JPC desires to be an Assumed Contract.  JPC will cure any
past defaults under the Assumed Contracts to facilitate the
Debtor's assumption and assignment of same to JPC.

The salient terms of the Bidding Procedures are:

     a. Initial Bid: $10,000 more than JPC's bid:

     b. Auction: If the Debtor receives a Qualified Bid, it will
conduct the Auction at the offices of Kaplan Johnson Abate & Bird,
LLP, 710 W. Main Street, 4th Floor, Louisville, Kentucky 40202, on
the date determined by the Court at the Bidding Procedure Hearing.

     c. Bid Increments: $5,000

If the Debtor does not receive any Qualified Bids, the Debtor will
report same to the Court at the Sale Hearing and proceed with the
Asset Sale with JPC under the APA.

Based upon an analysis of the Debtor's ongoing and future business
prospects, the Debtor's management have concluded that, the best
way to maximize the value of its estate is to sell immediately its
assets as a going business concern, thereby preserving the
substantial goodwill of the business.  The Debtor submits that a
sale of the Assets pursuant to the APA will provide fair and
reasonable consideration to its estate.

A copy of the APA attached to the Motion is available for free at:

   http://bankrupt.com/misc/Sam_Meyers_45_Sales.pdf

The Purchaser:

         JPC HOLDINGS, LLC
         3400 Bashford Ave. Court
         Louisville, KY 40218

                     About Sam Meyers Inc.

Sam Meyers, Inc. -- http://sammeyers.com-- is a wholesale supplier
of men's formal wear and accessories.  It also owns and operates a
dry cleaning business in the Midwest.  In addition to its
Louisville locations, Sam Meyers owns a store in Nashville,
Tennessee, that specializes in costume rentals and sales in
addition to formal wear; a tuxedo store in Evansville, Indiana; and
a satellite warehouse in Boston, Massachusetts.  Sam Meyers' main
warehouse is located in Louisville.

Sam Meyers sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Ky. Case No. 18-31559) on May 17, 2018.  In the
petition signed by James P. Corbett, president, the Debtor
disclosed $1.8 million in assets and $2.91 million in liabilities.
Judge Alan C. Stout presides over the case.  KAPLAN JOHNSON ABATE &
BIRD LLP is the Debtor's counsel.

The Court has authorized Sam Meyers, Inc.'s sale of the real
property known as 3400 Bashford Avenue Court, Louisville, Kentucky,
to John P. Hollenbach, Sr. or his assignee for $1.2 million.


SANDRA W RUTHERFORD: Voluntary Chapter 11 Case Summary
------------------------------------------------------
Debtor: Sandra W. Rutherford Revocable Trust Agreement Dated
        May 2, 2005, As A Business Trust
        P. O. Box 22278
        Lexington, KY 40522

Business Description: The Debtor is a business trust in Lexington,
                      Kentucky.

Chapter 11 Petition Date: November 14, 2018

Court: United States Bankruptcy Court
       Southern District of West Virginia (Huntington)

Case No.: 18-30475

Judge: Hon. Frank W. Volk

Debtor's Counsel: Joseph W. Caldwell, Esq.
                  CALDWELL & RIFFEE
                  3818 MacCorkle Ave. S.E. Suite 101
                  P.O. Box 4427
                  Charleston, WV 25364-4427
                  Tel: 304-925-2100
                  Fax: (304) 925-2193
                  E-mail: joecaldwell@frontier.com &
                          chuckriffee@frontier.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Sandra W. Rutherford, trustee.

The Debtor stated it has no unsecured creditors.

A full-text copy of the petition is available for free at:

          http://bankrupt.com/misc/wvsb18-30475.pdf


SEASONS PROPERTY: Case Summary & Unsecured Creditor
---------------------------------------------------
Debtor: Seasons Property Management, LLC
        5 Doughty Blvd.
        Inwood, NY 11096

Business Description: Seasons Property Management, LLC
                      owns property, including a house, which is
                      used by its affiliate, Seasons Maryland LLC
                      for additional parking.  The Debtor is
                      seeking joint administration of its Chapter
                      11 case under the Lead Case No. 18-45284 of
                      Seasons Corporate, LLC, its affiliate.

Chapter 11 Petition Date: November 14, 2018

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Case No.: 18-46618

Judge: Hon. Carla E. Craig

Debtor's Counsel: Nathan Schwed, Esq.
                  ZEICHNER ELLMAN & KRAUSE LLP
                  1211 Avenue of the Americas
                  New York, NY 10036
                  Tel: (212) 826-5317
                  Fax: (212) 753-0396
                  Email: nschwed@zeklaw.com

Debtor's
Restructuring
Advisor:          GETZLER HENRICH & ASSOCIATES LLC
                  295 Madison Avenue, New York, New York 10017

Total Assets: $750,000

Total Debt: $9,400,000

The petition was signed by Joel Getzler, CRO.

The Debtor lists Bank United as its sole unsecured creditor holding
a claim of $8,800,000.

A full-text copy of the petition is available for free at:

         http://bankrupt.com/misc/nyeb18-46618.pdf


SEATTLE PROTON: Case Summary & 2 Unsecured Creditors
----------------------------------------------------
Three affiliates that have filed voluntary petitions for relief
under Chapter 11 of the Bankruptcy Code:

     Debtor                                        Case No.
     ------                                        --------
     Seattle Proton Center, LLC                    18-14380
        dba SCCA Proton Therapy Center
        fdba Seattle Procure Management, LLC
        fdba Procure Proton Therapy Center
     1570 N 115th Street
     Seattle, WA 98133

     Procure Seattle Holdings, LLC                 18-14381
     Seattle Proton Center Holdings                18-14382

Business Description: Seattle Proton Center, LLC owns a cancer
                      treatment center in Seattle, Washington
                      that uses highly targeted proton radiation
                      to treat cancer.  Proton therapy is
                      effective in treating many types of cancers,
                      including prostate and genitourinary, brain
                      and central nervous system, breast,
                      gastrointestinal, head & neck, lung and
                      thoracic, ocular (Uveal) melanoma and eye
                      tumors, sarcomas, gynecological, lymphoma,
                      and skin cancers.  For more information,
                      visit https://www.sccaprotontherapy.com.

Chapter 11 Petition Date: November 14, 2018

Court: United States Bankruptcy Court
       Western District of Washington (Seattle)

Judge: Hon. Timothy W. Dore

Debtors' Counsel: Armand J. Kornfeld, Esq.
                  BUSH KORNFELD LLP
                  601 Union St Ste 5000
                  Seattle, WA 98101
                  Tel: 206-292-2110
                  Email: jkornfeld@bskd.com

                     - and -

                  Aditi Paranjpye, Esq.
                  BUSH KORNFELD LLP
                  601 Union St., Suite 5000
                  Seattle, WA 98101
                  Tel: 206-292-2110
                  Email: aparanjpye@bskd.com

                    - and -

                  Aimee S. Willig, Esq.
                  BUSH KORNFELD LLP
                  601 Union St Ste 5000
                  Seattle, WA 98101
                  Tel: 206-292-2110
                  Email: awillig@bskd.com

Seattle Proton Center, LLC's
Total Assets: $49,777,854

Seattle Proton Center, LLC's
Total Liabilities: $173,408,587

The petition was signed by Anna Karin Andrews, president.

A full-text copy of  Seattle Proton Center, LLC's petition is
available for free at:

          http://bankrupt.com/misc/wawb18-14380.pdf

List of Seattle Proton Center, LLC's Two Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
IBA Proton Therapy, Inc. and        Amended IBA       $13,212,265
Ion Beam Applications, S.A.         Equipment
c/o Todd Bejian                     Service
2000 Edmund Halley                  Agreement
Dr.; Suite Reston, VA 20191         Replacement
David Swan                          SBLOC
Tel: 703 712 5365                   Replacement
Email: dswan@mcguirewoods.com       SBEB

Seattle Cancer Care Alliance        Amended SCCA       $1,995,754
c/o Bradley J. Berg                 Services
Foster Pepper PLLC                  Agreement
1111 3rd Ave., Suite 3400
Seattle, WA 98101
Bradley J. Berg
Tel: 206-447-8970
Email: brad.berg@foster.com


SHARING ECONOMY: Incurs $18.6 Million Net Loss in Third Quarter
---------------------------------------------------------------
Sharing Economy International Inc. has filed with the Securities
and Exchange Commission its Quarterly Report on Form 10-Q reporting
a net loss of $18.57 million on $2.51 million of revenues for the
three months ended Sept. 30, 2018, compared to a net loss of $4.25
million on $2.62 million of revenues for the three months ended
Sept. 30, 2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $29.46 million on $7.65 million of revenues compared to
a net loss of $4.91 million on $10.99 million of revenues for the
same period during the prior year.

As of Sept. 30, 2018, the Company had $59.80 million in total
assets, $9.46 million in total liabilities and $50.33 million in
total equity.

The net cash used in operations was approximately $3,204,000 for
the nine months ended Sept. 30, 2018.  During the three and nine
months ended Sept. 30, 2018, revenues, substantially all of which
are derived from the manufacture and sales of textile dyeing and
finishing equipment, decreased by 4.3% and 30.4% as compared to the
three and nine months ended Sept. 30, 2017, respectively.
Additionally, the Company recorded an impairment loss of
approximately $1,923,000 related to the write off of its patent use
rights and in September 2018.  Due to significance doubt about the
status and recoverability of the Company's equity method investment
in Shengxin, the Company fully impaired the value of its investment
in Shengxin.  Management believes that these matters raise
substantial doubt about the Company's ability to continue as a
going concern.  Management cannot provide assurance that the
Company will ultimately achieve profitable operations or become
cash flow positive or raise additional debt and/or equity capital.
Management believes that its capital resources are not currently
adequate to continue operating and maintaining its business
strategy for twelve months from the date of this report (Nov. 13,
2018).

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/eZzZQH

                      About Sharing Economy

Headquartered in Jiangsu Province, China, Sharing Economy
International Inc. -- http://www.seii.com/-- through its
affiliated companies, designs, manufactures and distributes a line
of proprietary high and low temperature dyeing and finishing
machinery to the textile industry.  The Company's latest business
initiatives are focused on targeting the technology and global
sharing economy markets, by developing online platforms and rental
business partnerships that will drive the global development of
sharing through economical rental business models.    

Throughout 2017, the Company made significant changes in the
overall direction of the Company.  Given the headwinds affecting
its manufacturing business, the Company is targeting high growth
opportunities and has established new business divisions to focus
on the development of sharing economy platforms and related rental
businesses within the company.  These initiatives are still in an
early stage.  The Company did not generate significant revenues
from its sharing economy business initiatives in 2017.

RBSM LLP's audit opinion included in the company's Annual Report on
Form 10-K for the year ended Dec. 31, 2017 contains a going concern
explanatory paragraph stating that the Company had a loss from
continuing operations for the year ended Dec. 31, 2017 and expects
continuing future losses, and has stated that substantial doubt
exists about the Company's ability to continue as a going concern.
RBSM has served as the Company's auditor since 2012.

Sharing Economy incurred a net loss of $12.92 million in 2017 and a
net loss of $11.67 million in 2016.  As of June 30, 2018, Sharing
Economy had $74.97 million in total assets, $9.83 million in total
liabilities and $65.13 million in total stockholders' equity.


SOLBRIGHT GROUP: Signs $5-Mil. Note Purchase Agreement with AIP
---------------------------------------------------------------
Solbright Group, Inc., has entered into a Note Purchase Agreement
with AIP Asset Management Inc., in its capacity as security agent,
and AIP Global Macro Fund L.P., in its capacity as a holder of a
Note, pursuant to which the Holders will purchase, under certain
circumstances, U.S. Libor + 10% Senior Secured Collateralized
Convertible Promissory Notes of the Company in the aggregate
principal amount of up to $5,000,000, at a purchase price of 100%
(par) per Convertible Note.

At the initial closing of the Note Purchase and Sale Transaction,
which occurred on Oct. 31, 2018, the Company sold a Holder a
Convertible Note in the principal amount of $2,500,000.  The net
proceeds from the Initial Closing, in the aggregate amount of
$2,261,616 (after deducting fees and expenses related to the
Initial Closing in the aggregate amount of $238,384 (including a
closing fee and a facility fee paid to the Security Agent, and
legal fees and expenses)), will be used by the Company for working
capital and general corporate purposes.

The Convertible Note issued in the Initial Closing has a principal
balance of $2,500,000, and a stated maturity date on the one-year
anniversary of the date of issuance.  The principal on the
Convertible Note bears interest at a rate of U.S. Libor + 10% per
annum, which is also payable on maturity.  Upon the occurrence of
an event of default, the interest rate will increase by an
additional 10% per annum.  Amounts due under the Convertible Note
may be converted into shares of the Company's common stock, $0.0001
par value per share, at any time at the option of the Holder, at a
conversion price of $1.50 per share.  Upon the occurrence of an
event of default under the terms of the Convertible Note, and the
passage of five business days following the Holder giving notice of
such event of default to the Company, the entire unpaid principal
balance of the Convertible Note, together with any accrued and
unpaid interest thereon, will become due and payable, without
presentment, demand, or protest of any kind.  The Security Agent
may also exercise all other rights given to the Security Agent and
Holder under the Purchase Agreement.  The Conversion Price and
number of Conversion Shares are subject to adjustment from time to
time for subdivision or consolidation of shares, or upon the
issuance by the Company of additional shares of Common Stock, or
common stock equivalents, while the Convertible Note is
outstanding, or other standard dilutive events.

As condition precedents to the Holder purchasing the Convertible
Note:

   * the Company granted to the Security Agent (on behalf of
     itself and the Holder) a first priority security interest in,

     and lien on, all now owned or hereafter acquired assets and
     property, real and personal, of the Company and its
     subsidiaries, to secure all of the Company's obligations
     under the Purchase Agreement and the Convertible Note,
     pursuant to the terms and conditions of a Security Agreement
     by and among the Company, the Subsidiaries, and the Security
     Agent;

   * the Company, and each Subsidiary, delivered to the Security
     Agent (on behalf of itself and the Holder) a notarized
     affidavit of Confession of Judgment to further secure all of
     the Company's obligations under the Purchase Agreement and
     the Convertible Note;

   * each Subsidiary executed and delivered to the Security Agent
    (on behalf of itself and the Holder) a Guarantee, guaranteeing

     all of the Company's obligations under the Purchase Agreement

     and the Convertible Note;

   * the Company pledged to the Security Agent (on behalf of
     itself and the Holder) all of the shares or membership
     interests (as applicable) of all of the Subsidiaries held by
     the Company; and

   * certain principals of the Company executed and delivered to
     the Security Agent (on behalf of itself and the Holder) a
     Lock-Up Agreement, which provided that each such shareholder
     will not sell or dispose of its equity securities in the
     Company at any time the Convertible Note is outstanding and
     for 60 days thereafter without the consent of the Security
     Agent.

The issuance of the Convertible Note in connection with the Note
Purchase and Sale Transaction is exempt from registration under
Section 4(a)(2) and/or Rule 506 of Regulation D as promulgated by
the SEC under of the Securities Act of 1933, as amended, as a
transaction by an issuer not involving any public offering.

                      About Solbright Group

Newark, New Jersey-based Solbright Group, Inc., formerly Arkados
Group, Inc. -- https://www.solbrightgroup.com/ -- is an industrial
AI, machine learning and energy management company providing
Internet of Things (IoT) solutions for commercial and industrial
facilities.

Solbright reported a net loss of $15.80 million for the year ended
May 31, 2018, compared to a net loss of $3.34 million for the year
ended May 31, 2017.  As of Aug. 31, 2018, Solbright had $15.03
million in total assets, $6.38 million in total current liabilities
and $8.64 million in total stockholders' equity.

The audit opinion included in the company's Annual Report on Form
10-K for the year ended May 31, 2018 contains a going concern
explanatory paragraph.  RBSM LLP, in New York, the Company's
auditor since 2016, stated that the Company has suffered recurring
losses from operations, will require additional capital to fund its
current operating plan, and has stated that substantial doubt
exists about the Company's ability to continue as a going concern.


SONNEBORN HOLDINGS: S&P Places 'B' ICR on CreditWatch Positive
--------------------------------------------------------------
S&P Global Ratings placed its ratings, including the 'B' issuer
credit rating, on U.S.-based specialty hydrocarbon provider
Sonneborn Holdings L.P. on CreditWatch with positive implications.

The CreditWatch placement follows HollyFrontier's (BBB-/Stable/--)
announcement that it entered into an equity purchase agreement to
acquire 100% of Sonneborn for cash consideration of $655 million,
including working capital with an estimated value of $72 million.
S&P expects the transaction to close in the first half of 2019.

S&P said, "We expect to resolve the CreditWatch once we gain
assurance that the transaction will close as expected. We would
likely raise our ratings on Sonneborn to bring them in line with
those of HollyFrontier. We would then withdraw our ratings on
Sonneborn, assuming its debt is fully repaid.

"If the transaction doesn't close as expected, we would likely
affirm the 'B' issuer credit rating, assuming Sonneborn's operating
performance and credit measures remain within our expectations."



SOUTHEASTERN HOSPITALITY: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Southeastern Hospitality LLC as of Nov. 14,
according to a court docket.

                  About Southeastern Hospitality

Southeastern Hospitality, LLC dba The Mercury is a
cocktail-focused, classic American eatery located in Ponce City
Market, Atlanta, Georgia. The Mercury sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga. Case No.
18-67291) on October 12, 2018.  In the petition signed by Earl E.
Cloud III, owner, the Debtor estimated assets of less than $50,000
and liabilities of less than $10 million.  The Debtor tapped
William Anderson Rountree, Esq., of Rountree & Leitman, LLC, as its
counsel.


SOUTHERN SANDBLASTING: Dec. 12 Hearing on Plan and Disclosures
--------------------------------------------------------------
Bankruptcy Judge Jeff Bohm issued an order conditionally approving
Southern Sandblasting & Coatings, Inc.'s second amended disclosure
statement describing its plan of reorganization dated Oct. 29,
2018.

Objections to the disclosure statement and ballots accepting or
rejecting the plan must be filed and served by Dec. 7, 2018, at
5:00 p.m.

The hearing on the final approval of the disclosure statement and
the confirmation of the plan is fixed for Dec. 12, 2018, at 10:30
a.m. in United States Federal Courthouse, Courtroom 600, 515 Rusk
Avenue, 6th Floor, Houston, Texas 77002.

Since filing the bankruptcy case, the Debtor has ceased all
operations. The Debtor's only
activity has been to collect the Receivable and to market and sell
the property located at 8458 FM 1960 E, Dayton, Texas 77535.  The
Debtor has since sold the 8458 Property pursuant to the Court's
order of July 12, 2018.  Less expenses and after payment of all
property taxes secured by the property, the Debtor obtained a net
amount of $665,133.26 from the sale. That amount has been deposited
with the court registry. The 8458 Property sold for less than
previously expected because of environmental issues that were
discovered on it

Class 14 consists of all unpaid, pre-petition, allowed, unsecured,
non-priority claims
against the Debtor.  The Debtor estimates that the total amount of
claims in this class is $2,326,203.  In addition, the Debtor
estimates that there will be unpaid secured claims from Classes 3-6
that will be treated as if they were claims in Class 14.  The
Debtor does not anticipate any funds for distribution to Class 14.

A copy of the Second Amended Disclosure Statement is available at
https://tinyurl.com/yb22q23d from PacerMonitor.com at no charge.

        About Southern Sandblasting & Coatings

Southern Sandblasting & Coatings, Inc., based in Humble, TX, filed
a Chapter 11 petition (Bankr. S.D. Tex. Case No. 17-30823) on
February 7, 2017. The Hon. Jeff Bohm presides over the case. Reese
W. Baker, Esq., at Baker & Associates, serves as bankruptcy
counsel.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities. The petition
was signed by Ernest W. Watson, Jr., president.


SOUTHWEST SAFETY: Taps Vidrine & Vidrine as Legal Counsel
---------------------------------------------------------
Southwest Safety Training, LLC, seeks approval from the U.S.
Bankruptcy Court for the Western District of Louisiana to hire
Vidrine & Vidrine as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

William Vidrine, Esq., managing partner at Vidrine and the attorney
who will be handling the case, charges an hourly fee of $250.

Mr. Vidrine disclosed in a court filing that he has no connection
with the Debtor, the creditors or any other "party in interest."

The firm can be reached through:

     William C. Vidrine, Esq.
     Vidrine & Vidrine
     711 West Pinhook Road
     Lafayette, LA 70503
     Phone: (337) 233-5195
     Fax: 337-233-3897

               About Southwest Safety Training

Southwest Safety Training, LLC, sought protection under Chapter 11
of the Bankruptcy Code (Bankr. W.D. La. Case No. 18-51439) on Nov.
6, 2018.  At the time of the filing, the Debtor disclosed that it
had estimated assets of less than $100,000 and liabilities of less
than $500,000.  Judge John W. Kolwe presides over the case.


SPRING TREE: J. Marshall's $394K Claim Added to Unsecured Class
---------------------------------------------------------------
Pacific Island Equity Corporation filed with the U.S. Bankruptcy
Court for the Northern District of Georgia, Atlanta Division, a
disclosure statement the amended Chapter 11 plan for Spring Tree
Lending, LLC, dated October 31, 2018.

Pacific Island revised the Plan to provide that it contemplates the
collection of the Debtor's material asset, its Portfolio of Retail
Installment Contracts, and the resolution of the outstanding Claims
against and Interests in the Debtor pursuant to sections 1129(b)
and 1123 of the Bankruptcy Code.  The Amended Disclosure Statement
also added language with respect to the Plan Administrator.

On October 4, 2018, John Marshall filed a proof of claim for an
unsecured claim based on
litigation pending in the United States District Court for the
Easter District of California, Case Number 2:17-cv-00820-KJMCKD,
styled as John Marshall v. Daniel P. Galvanoni.  Mr. Marshall's
$394,090 claim is added to the Class 6 General Unsecured Claims,
bringing the total amount of general unsecured claims to $762,778.
The prior Plan estimated the total of general unsecured claims at
$368,688.

The claims of DPG Golden Eagle LLC in the amount of $919,222, and
Spring Tree Fund 1, LLC, in the amount of $99,900, are added to
Class 7 Subordinate Unsecured Claims.

A copy of the Disclosure Statement dated October 31 is available at
https://tinyurl.com/yagk6txa from PacerMonitor.com at no charge.

A supplement to the Disclosure Statement dated October 22 is
available at https://tinyurl.com/yah9abx2 from PacerMonitor.com at
no charge.

            About Spring Tree Lending

Spring Tree Lending, LLC, engages in buying and servicing non-prime
auto loans from auto dealers and lenders.  The company was founded
in 2015 and is based in Atlanta, Georgia.

On March 28, 2018, creditor Pacific Island Equity Corporation filed
an involuntary proceeding against Spring Tree Lending (Bank. N.D.
Ga. Case No. 18-55171).  The case is assigned to Hon. Barbara
Ellis-Monro.   

The Debtor hired George M. Geeslin, Esq., as counsel.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.

Upon the application of the U.S. Trustee, the Court entered its
order approving the appointment of Mark A. Smith as Chapter 11
Trustee on June 19, 2018.


SRC ENERGY: Moody's Upgrades CFR to B1, Outlook Stable
------------------------------------------------------
Moody's Investors Service upgraded SRC Energy Inc.'s Corporate
Family Rating to B1 from B2 and its Probability of Default Rating
to B1-PD from B2-PD. Concurrently, Moody's affirmed the rating of
the senior unsecured notes at B3 and the Speculative Grade
Liquidity (SGL) rating at SGL-3. The rating outlook is stable.

The upgrades reflect Moody's expectation that SRC will continue to
grow production over the next 12-18 months as midstream capacity
constraints continue to be alleviated, while it maintains modest
leverage, solid interest coverage, and decreases capital outspend

Upgrades:

Issuer: SRC Energy Inc.

Probability of Default Rating, Upgraded to B1-PD from B2-PD

Corporate Family Rating, Upgraded to B1 from B2

Outlook Actions:

Issuer: SRC Energy Inc.

Outlook, Remains Stable

Affirmations:

Issuer: SRC Energy Inc.

Speculative Grade Liquidity Rating, Affirmed SGL-3

Senior Unsecured Regular Bond/Debenture, Affirmed B3 (LGD5)

RATINGS RATIONALE

SRC's B1 CFR reflects modest scale, basin concentration and a large
proportion of proved undeveloped reserves but also modest leverage,
good retained cash flow to debt, and solid interest coverage. As of
September 30, 2018, debt to average daily production measured
roughly $14,250 and debt-to-proved developed reserves measured
under $8. The company continues to grow production as it reinvests
in its business, the pace of which is experiencing constraints due
to midstream infrastructure that has reached capacity. However,
additional capacity has been brought online and more will follow,
which will further alleviate constraints. SRC is focused on the DJ
Basin in Colorado which exposes the company's performance to local
factors including regulatory risks which figured prominently in a
ballot initiative during the November elections. The potential for
the recurrence of ballot initiatives in the state seeking to
constrain drilling activities and/or legislation limiting
activities in the region poses continued risk. The company's
hedging activities partially protect cash flows from commodity
price volatility. The company has sizable basis differentials which
measured over $1 for natural gas and nearly $7 for oil during the
nine months ended September 30, 2018. However, the company still
generates solid retained cash flow to debt. Production mix garners
support from the portion that is comprised of oil (42% during the
third quarter of 2018) as it has higher cash margins than natural
gas.

The SGL-3 rating reflects Moody's expectation that SRC will
maintain adequate liquidity. As of September 30, 2018, the company
had $19 million of cash on the balance sheet. As of October 31,
2018, the company had $355 million available under its revolver
which expires in 2023.

SRC's $550 million of 6.25% senior unsecured notes due 2025 are
rated B3, two notches below the CFR, reflecting that they have
junior priority relative to the secured revolving credit facility
due 2023 (unrated). In October 2018, the borrowing base of the
revolver was increased to $650 million from $550 million (of which
it has elected commitments of $500 million).

The stable ratings outlook reflects Moody's expectation that the
company will grow production over the next 12-18 months while
maintaining adequate liquidity as it continues to reinvest in the
business and as midstream infrastructure constraints are further
alleviated, continuing to result in supportive credit metrics.

Factors that could lead to an upgrade include average daily
production approaching 85 Mboe/d; good liquidity and positive free
cash flow; retained cash flow (RCF) to debt sustained above 40%;
and maintaining a leveraged full cycle ratio (LFCR) above 1.5x.

Factors that could lead to a downgrade include declining
production; deterioration of liquidity, increasing negative free
cash flow, or RCF/debt decreasing towards 25%; debt-to-PD reserves
above $10; or debt-funded acquisitions or dividends.

The principal methodology used in these ratings was Independent
Exploration and Production Industry published in May 2017.

SRC, headquartered in Denver, Colorado, is a publicly traded
independent exploration and production company focused primarily in
the Wattenberg Field in the Denver-Julesburg (DJ) Basin of
Colorado. Average daily production for the quarter ended September
30, 2018 was 49 Mboe/d (42% oil).


STARION ENERGY: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Three affiliates that have filed voluntary petitions seeking relief
under Chapter 11 of the Bankruptcy Code:

     Debtor                                         Case No.
     ------                                         --------
     Starion Energy, Inc.                           18-12608
     PO Box 845
     Middlebury, CT 06762

     Starion Energy PA, Inc.                        18-12609
     Starion Energy NY, Inc.                        18-12611

Business Description: Founded in 2009, Starion Energy --
                      https://starionenergy.com -- is a supplier
                      of electricity and natural gas, offering
                      solutions to residential and business
                      customers in deregulated energy markets.
                      Based in Middlebury, Connecticut, Starion
                      Energy currently has operations in
                      Connecticut, Delaware, District of Columbia,

                      Illinois, Massachusetts, Maryland, New
                      Jersey, New York, Ohio, and Pennsylvania.
                      Starion Energy is a member of the
                      Retail Energy Supply Association (RESA).
                      
Chapter 11 Petition Date: November 14, 2018

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Case No.: 18-12608

Judge: Hon. Mary F. Walrath

Debtors' Counsel: Ronald S. Gellert, Esq.
                  GELLERT SCALI BUSENKELL & BROWN, LLC
                  1201 N. Orange Street, Suite 300
                  Wilmington, DE 19801
                  Tel: 302.425.5806
                       302.425.5800
                  Fax: 302.425.5814
                  Email: rgellert@gsbblaw.com

                     - and -

                  Evan Rassman, Esq.
                  GELLERT SCALI BUSENKELL & BROWN, LLC
                  1201 N. Orange Street, Suite 300
                  Wilmington, DE 19801
                  Tel: 302-416-3351
                  Fax: 302-425-5814
                  Email: erassman@gsbblaw.com

Starion Energy, Inc.'s
Total Assets: $26,888,675

Starion Energy, Inc.'s
Total Liabilities: $6,956,141

The petition was signed by Thomas Stiner, controller.

A full-text copy of Starion Energy, Inc.'s petition is available
for free at:

           http://bankrupt.com/misc/deb18-12608.pdf

List of Starion Energy, Inc.'s 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Alexandrea Isaac                                          $5,087
678 Cortland Circle
Cheshire, CT 06410

Ally Bank                                                $27,455
P.O. Box 49050
Clarlotte, NC 28277

Bank of America                                          $84,877
100 North Tryon Street
Suite 170
Charlotte, NC 28202

Commonwealth of Massachusetts                            $12,110
Department of Revenue
100 Cambridge Street
Boston, MA 02114

Dashmir Murtishi                                          $8,023
224 Hidden Pond Dr
Watertown, CT 06795

Destan Kupa                                             $200,000
14 Niagara Street
Staten Island, NY 10301

Fisnik Bizati                                           $285,000
147 Graham Ridge Road
Naugatuck, CT 06770

Fitor Mamudi                                              $8,023
17 Logging Trail Ln
Brookfield, CT 06804

Loanstars, LLC                                        $5,450,000
6 Weldon Woods Drive
New Fairfield, CT 06812

Nevzat Bizati                                           $285,000
143 Graham Ridge Road
Naugatuck, CT 06770

Petrit Bizati                                           $285,000
139 Grahan Ridge Road
Naugatuck, CT 06770

Robert Zappone                                            $8,023
323 Cedar Mountain Rd
Thomaston, CT 06787

Ruzhdi Dauti                                              $7,466
6 Weldon Woods Rd
New Fairfield, CT 06812

State of Connecticut                                     $10,026
Department of Revenue Services
450 Columbus Blvd, Ste 1
Hartford, CA 06102

State of New Jersey                                     $187,367
Division of Taxation
P.O. Box 046
Trenton, NJ 08646

State of New York                                        $17,687
NYS Assessment Receivables
P.O. Box 4127
Binghamton, NY 13902

State of New York                                         $5,000
NYS Assessment Receivables
P.O. Box 4127
Binghamton, NY 13902

State of Ohio                                             $8,691
Department of Taxation
P.O. Box 181140
Columbus, OH 43216

Todd Carew                                                $5,180
900 Bunker Hill Rd
Danbury, CT 06810

Commonwealth of Massachusetts                            Unknown
Office of Attorney General
One Ashburton Place
Boston, MA 02108


SUMMIT HME: Taps Anthony Hervol as Legal Counsel
------------------------------------------------
Summit HME, Inc., seeks approval from the U.S. Bankruptcy Court for
the Western District of Texas to hire the Law Office of Anthony H.
Hervol as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist the Debtor in the preparation of a plan of
reorganization; take actions to collect property of its bankruptcy
estate; and provide other legal services related to its Chapter 11
case.

The Debtor has agreed to pay the firm an hourly fee of $300, pay a
$15,000 retainer, and make a deposit of $1,717 for the filing fee
and other costs.  

Anthony Hervol, Esq., the attorney who will be handling the case,
disclosed in a court filing that he is "disinterested" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Anthony H. Hervol, Esq.
     Law Office of Anthony H. Hervol
     4414 Centerview Drive, Suite 200
     San Antonio, TX 78228
     Tel: (210) 522-9500
     Fax: (210) 522-0205
     Email: hervol@sbcglobal.net

                      About Summit HME Inc.

Summit HME, Inc. -- https://summithmeinc.com/ -- is a family-owned
supplier of home medical equipment in San Antonio, Texas.  Aside
from home medical equipment products, the company also provides
services such as insurance-billing, home delivery and setup,
clinical programs, emergency support and home evaluations and
installations of its accessibility product lines.  For more
information, visit

Summit HME sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Texas Case No. 18-52675) on Nov. 8, 2018.  In the
petition signed by Shawn R. McCormick, president and CEO, the
Debtor estimated assets of less than $1 million and liabilities of
$1 million to $10 million.  Judge Craig A. Gargotta presides over
the case.  The Debtor tapped the Law Office of Anthony H. Hervol as
its legal counsel.


SUPER QUALITY: Unsecured Creditors to Get 1% Under Amended Plan
---------------------------------------------------------------
Super Quality Cleaners, LLC, filed with the U.S. Bankruptcy Court
for the District of Colorado a disclosure statement explaining its
first amended Chapter 11 plan dated October 31, 2018.

The Debtor disclosed that it anticipates filing an objection to
Claim 2-1, Part 2, the priority wage claim portion of the $3.3
million claim filed by 11 Broadway. Upon information and belief, 11
Broadway represents the 21 plaintiffs in the federal case Canizalez
v. Super Quality, Case No. 1:16cv02246-MSK-STV (D. Colo)
represented by AndersonDodson, P.C.

Priority wage claims are wages, salaries, or commissions (up to
$12,850) earned within
180 days before the bankruptcy petition is filed under 11 U.S.C.
Section 507(a)(4). A group of plaintiffs in the federal case of
Canizalez v. Super Quality, Case No. 1:16-cv-02246-MSK-STV (D.
Colo.) have filed a Proof of Claim (Claim 9-1, Part 2) and assert a
priority wage claim of $51,400.  However, part 5 to the same proof
of claim asserts that the alleged damages were calculated with the
assumption that the wage practice at issue ended on February 17,
2017. This case was filed November 22, 2017, over nine months after
the alleged wrongful wage practice ended.  Accordingly, there were
no unpaid wages on the Petition Date earned within 180 days before
the bankruptcy petition was filed. The Debtor intends to object to
the allowance of Proof of Claim 9-1, Part 2.

The Debtor also projects that the return to unsecured creditors
will be higher through a plan of reorganization than a liquidation
sale. The Debtor estimates distributing $42,414.69 to Class 3
unsecured creditors or 1% of the unsecured claims.

A list of the Unsecured Claims is as follows:

   Erika Perez Merida - $135,217.65

   Carlos Jimenez - $107,278.45

   Luis Jimenez - $126,643.36

   11 Broadway - $3,327,963.47

A copy of the Amended Disclosure Statement is available at
https://tinyurl.com/y89r4tom from PacerMonitor.com at no charge.

            About Super Quality Cleaners, LLC

Super Quality Cleaners, LLC is a dry-cleaning plant located in
Colorado Springs, Colorado.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Colo. Case No. 17-20703) on November 21, 2017.  At
the time of the filing, the Debtor disclosed that it had estimated
assets and liabilities of less than $500,000.

Judge Michael E. Romero presides over the case.

The Debtor hired Wadsworth Warner Conrardy, P.C. as its bankruptcy
counsel and Waugh & Goodwin, LLP as its accountant.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Super Quality Cleaners, LLC as
of Jan. 24, according to a court docket.


TACO BUENO: Unsecureds to Get Nothing Under Joint Prepackaged Plan
------------------------------------------------------------------
Taco Bueno Restaurants, Inc. and affiliates filed with the U.S.
Bankruptcy Court for the Northern District of Texas a disclosure
statement for their joint prepackaged chapter 11 plan of
reorganization dated Nov. 6, 2018.

The Plan provides for a comprehensive restructuring of the Debtors'
approximately $130,912,500 in prepetition funded debt obligations
under the Prepetition Credit Agreement. Substantially all of the
Debtors' assets are subject to valid and perfected Liens held by
the Prepetition Lender, which require payment in full before other
distributions can be made. The Plan reflects the reality that,
based upon recent historical operating performance and cash flow
projections, the Debtors' enterprise value is significantly less
than the amount of secured debt under the Prepetition Credit
Agreement. The treatment of Class 3 - Prepetition Lender Secured
Claims is the product of extensive negotiations between the Debtors
and Taco Supremo as the Prepetition Lender.

In developing the Plan, the Debtors gave due consideration to
various factors developed in their sale process and other
restructuring alternatives. After a careful review of their current
operations and liquidity, prospects as an ongoing business, and
estimated recoveries to creditors in a forced sale scenario given
current market conditions, the Debtors concluded that they will
maximize recoveries to their stakeholders by reorganizing as a
going concern via the Restructuring embodied in the Plan. The
Debtors believe that any alternative to confirmation of the Plan,
such as liquidation, a partial sale of assets, or a sale of all or
substantially all of their assets, would result in materially lower
recoveries for stakeholders, significant delays, protracted
litigation, and greater administrative costs. For these reasons,
the Debtors believe that their business and assets have significant
value that would not be realized in a forced sale or a liquidation,
either in whole or in substantial part, and that the value of the
Debtors' estates is considerably greater as a going concern.

Holders of General Unsecured Claims under the plan will not receive
any distribution on account of such General Unsecured Claims. On
the Effective Date, all General Unsecured Claims will be canceled,
released, discharged, and extinguished.

On the Effective Date, or as soon as reasonably practicable
thereafter, with the consent of Taco Supremo, such consent not to
be unreasonably withheld, the Reorganized Debtors will undertake
the Restructuring Transactions, including: (1) the execution and
delivery of any appropriate agreements or other documents of
merger, consolidation, restructuring, conversion, disposition,
sale, transfer, dissolution, or liquidation containing terms that
are consistent with the terms of the Plan, and that satisfy the
requirements of applicable law and any other terms to which the
applicable Entities may agree; (2) the execution and delivery of
appropriate instruments of transfer, assignment, assumption, or
delegation of any asset, property, right, liability, debt, or
obligation on terms consistent with the terms of the Plan; (3) the
filing of appropriate certificates or articles of incorporation,
reincorporation, merger, consolidation, conversion, or dissolution
pursuant to applicable state law; (4) the issuance of securities,
including the New Common Stock, which will be authorized and
approved in all respects in each case without further action being
required under applicable law, regulation, order, or rule; (5) the
execution and delivery of Definitive Documentation not otherwise
included in the foregoing, if applicable; and (6) all other actions
that the Debtors determine, in consultation with Taco Supremo, to
be necessary or appropriate, including making filings or recordings
that may be required by applicable law.

The Reorganized Debtors will fund distributions under the Plan as
follows:

   -- All Cash necessary for the Reorganized Debtors to make
payments required pursuant to the Plan will be funded with Cash on
hand, including Cash from operations and the proceeds of the DIP
Facility.

   -- On the Effective Date, Reorganized Taco Bueno will be
authorized to and will issue the New Common Stock in accordance
with the terms of the Plan without the need for any further
corporate action. All of the New Common Stock, when so issued, will
be duly authorized, validly issued, fully paid, and
non-assessable.

A full-text copy of the Disclosure Statement is available for free
at:

     http://bankrupt.com/misc/txnb18-33678-11-22.pdf

                   About Taco Bueno

Founded in Abilene, Texas in 1967, Taco Bueno --
https://www.tacobueno.com -- is a quick service restaurant chain
offering Tex-Mex-style Mexican cuisine in a casual restaurant
environment.  Taco Bueno owns and operates 140 stores plus 29
franchised locations across Texas, Oklahoma.

Taco Bueno Restaurants, Inc., et. al., sought bankruptcy
protection
on November 6, 2018 (Bankr. N. D. Tex. Lead Case No. Case No.
18-33678).  The jointly administered cases are pending before
Judge
Hon. Stacey G. Jernigan.

The Debtor has total estimated assets of $10 million to $50
million
and total estimated liabilities of $100 million to $500 million.

The Debtors tapped Vinson & Elkins LLP as general counsel;
Houlihan
Lokey Capital, Inc, as investment banker; Berkeley Research Group
LLC as financial restructuring advisor; Jones LaSalle Americas,
Inc. as real estate advisor and Prime Clerk LLC as claims agent.


TAPMASTERS CHELSEA: Unsecureds to Recoup 13-29% Under Plan
----------------------------------------------------------
Tapmasters Chelsea, LLC, and Tapmasters Hoboken, LLC, filed a
Chapter 11 plan of liquidation and accompanying disclosure
statement.

The Debtor successfully litigated claims with its former
franchisor, World of Beer Franchising, LLC, which resulted in a
recovery of $630,000 for the Debtor's estate. In addition, a
related settlement resulted in the right to payment from an
affiliated entity in the amount of $99,207.36. These amounts, as
well as other potential recoveries by the Debtor will be used to
pay the holders of Allowed Claims.

Administrative and Priority Claims are expected to be paid in full.
Allowed Secured Claims are expected to receive a dividend of
approximately 65% of the value of their Secured Claims. General
Unsecured Claims are expected to receive a divided of approximately
13-29% of the value of their Allowed Claims. Holders of Equity
Interests will not recover under the Plan. The Debtor will cease
operating as a result of the Plan.

A copy of the Disclosure Statement is available at
https://tinyurl.com/yc8554eb from PacerMonitor.com at no charge.

Tapmasters Chelsea, LLC, and Tapmasters Hoboken, LLC, filed
voluntary Chapter 11 petitions (Bankr. S.D.N.Y. Lead Case No.
16-12541) on September 2, 2016.  The two cases are jointly
administered.  The Debtors are represented by Michael T. Conway,
Esq., at Shipman & Goodwin LLP, in New York.  At the time of
filing, the Debtors each disclosed $1 million to $10 million in
assets and liabilities.  The petitions were signed by Willie Mingo,
managing member.



TENET CONCEPTS: Unsecureds to Get 100% in 79 Monthly Payments
-------------------------------------------------------------
Tenet Concepts, LLC, filed a Chapter 11 plan and accompanying
disclosure statement proposing to pay general unsecured creditors
in full in 79 monthly payments.

Class 5 - General Unsecured Claims, estimated to total 326,401.83
to $657,401.83, will be paid in full in 79 monthly payments.  The
first payment being due on the first Business Day of the second
calendar month after the Initial Distribution Date applicable to
each such Allowed Class 5 Claim and a monthly payment being made in
the first day of each successive calendar month thereafter. Each
installment will include both principal and interest.  Each Allowed
Class 5 Claim will bear interest from and after the Effective Date
at the Plan Rate.

Class 3 - Hartford Claim, with an estimated amount of $241,636 as
of the Petition Date, but $205,636 as of October 2, 2018 because of
payments made by co-obligor, Principle, is impaired.  The Allowed
Claim of Hartford will be paid by the Debtor and/or Principle in
substantially equal monthly installments of $5,000 each until the
Allowed Hartford Claim is paid in full.  The Hartford Claim will
not be paid with the Monthly Plan Payment, but will be paid from
other funds of the Reorganized Debtor. As long as the Debtor and/or
Principle are current in the payment of the Hartford Claim in
accordance with this Plan, Hartford will take no action for the
collection of the Hartford Claim against Principle.  Estimated
Recovery: 100%.

Class 4 - Amazon Claim, estimated at $44,989, is impaired.
Amazon's Allowed Claim will be paid by the Debtor in substantially
equal monthly installments as may be agreed between the Debtor and
Amazon.  The Amazon Claim will not be paid with the Monthly Plan
Payment but will be paid from other funds of the Reorganized
Debtor.  Estimated Recovery: 100%.

Class 6 - Lines Lawsuit Claims, estimated at $0 to $800, is
impaired.  Lines will be paid his Allowed Claim, if any, in the
same manner as Class 5 General Unsecured Claims. The Lines Class
Claim is part of Class 6. Any Class 6 Creditor who fails to file a
timely proof of claim will not be entitled to any Distributions
pursuant to the Plan. To the extent it is an Allowed Claim, it will
be paid in the same manner as Class 5 General Unsecured Claims. The
Debtor believes all claims in Class 6 will be disallowed. Estimated
Recovery: 100%.

Class 7 - Mukes Lawsuit Claims, estimated at $0 to $21,200, is
impaired.  Mukes will be paid his Allowed Claim, if any, in the
same manner as Class 5 General Unsecured Claims. The Mukes Class
Claim is part of Class 7. Any Class 7 Creditor who fails to file a
timely proof of claim shall not be entitled to any Distributions
pursuant to the Plan. To the extent it is an Allowed Claim, it will
be paid in the same manner as Class 5 General Unsecured Claims. The
Debtor believes all claims in Class 7 will be disallowed.
Estimated Recovery: 100%.

Class 8 - Interests in the Debtor are unimpaired.  Interests in the
Debtor will be retained by the holders thereof, although subject to
the terms of this Plan.

The obligations under the Plan will be funded by future operations
of the business by the Reorganized Debtor. From and after the
Effective Date, the Reorganized Debtor will be managed in
accordance with applicable law. There will be no change in the
Debtor's management upon the Effective Date. The Reorganized Debtor
will continue to be managed by its current management.

A full-text copy of the Disclosure Statement dated November 7,
2018, is available at:

        http://bankrupt.com/misc/txnb18-1840270rfn11-143.pdf

Attorney for Debtor:

     J. Robert Forshey, Esq.
     Laurie Dahl Rea, Esq.
     FORSHEY & PROSTOK LLP
     777 Main St., Suite 1290
     Fort Worth, TX 76102
     Telephone: 817-877-8855
     Facsimile: 817-877-4151
     Email: bforshey@forsheyprostok.com
            lrea@forsheyprostok.com

        About Tenet Concepts

Tenet Concepts LLC -- http://www.tenetconcepts.com/-- is a  
privately-held company in Austin, Texas, in the freight
transportation arrangement business.  The company offers fleet
replacement, on-site dispatch, vehicle choice flexibility, hot
shot, warehousing, route work, scheduled deliveries, messenger
local pick-up, on-line order entry & tracking, and luggage
delivery
services.  The company serves the automotive, reprographics,
retail
delivery, home delivery, office delivery, and food delivery
industries.  Tenet Concepts has locations in Texas, California,
and
Illinois.

Tenet Concepts filed a Chapter 11 petition (Bankr. N.D. Tex. Case
No. 18-40270) on Jan. 25, 2018.  In the petition signed by
President/CFO David Scott Cass, the Debtor estimated its assets
and
liabilities at $1 million to $10 million.  The case is assigned to
Judge Russell F. Nelms.  Forshey & Prostok, LLP, is the Debtor's
legal counsel.


THOMAS OVATION: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Thomas Ovation, LLC as of Nov. 14, according
to a court docket.

                       About Thomas Ovation

Thomas Ovation, LLC, a real estate developer based in Newnan,
Georgi, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Ga. Case No. 18-12127) on Oct. 11, 2018.  The Debtor
previously sought bankruptcy protection (Bankr. N.D. Ga. Case No.
17-11046) on May 17, 2017.

In the petition signed by Stanley E. Thomas, manager, the Debtor
estimated assets of $50 million to $100 million and liabilities of
$50 million to $100 million.  The Debtor tapped Stone & Baxter, LLP
as its legal counsel.


TITUS INDUSTRIAL: Taps Leonard K. Welsh as Legal Counsel
--------------------------------------------------------
Titus Industrial Inc. seeks approval from the U.S. Bankruptcy Court
for the Eastern District of California to hire the Law Offices of
Leonard K. Welsh as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist the Debtor in the preparation of a plan of
reorganization; and provide other legal services related to its
Chapter 11 case.

Welsh received a pre-bankruptcy retainer of $25,000, of which
$5,912 was used to pay its services and costs incurred before the
Debtor's bankruptcy filing.

The firm does not hold any interest adverse to the Debtor,
according to court filings.

Welsh can be reached through:

     Leonard K. Welsh, Esq.
     Law Offices of Leonard K. Welsh
     4550 California Ave 2nd Floor
     Bakersfield, CA 93309
     Tel: 661-328-5328
     Fax: 661-760-9900
     Email: lwelsh@lkwelshlaw.com

                    About Titus Industrial Inc.

Titus Industrial, Inc. is a full-service general engineering
contractor specializing in equipment installation, fabrication,
retrofit, maintenance, specialty welding, process piping, water
jetting, machinery moving, alignments, excavation, grading,
turnarounds, and crane services.  It has the capability to custom
design and manufacture equipment for the clients' specific needs.

Titus Industrial sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Cal. Case No. 18-14414) on Oct. 30,
2018.  In the petition signed by Scott W. Hale, general manager and
authorized representative, the Debtor disclosed $689,071 in assets
and $1,038,121 in liabilities.  Judge Fredrick E. Clement presides
over the case.  The Debtor tapped the Law Offices of Leonard K.
Welsh as its legal counsel.


TOMMIE LINGENFELTER: Colt Buying Macon Property for $45K
--------------------------------------------------------
Tommie J. Lingenfelter and Judith R. Lingenfelter ask the U.S.
Bankruptcy Court for the Middle District of Georgia to authorize
the sale of their interest in the real property located at 2986
Avondale Mill Road, Macon, Georgia to Colt Properties, LLC, for
$45,000.

Respondent JPMCC 2002-CIBC4 Thomaston Retail, Limited Partnership
is a Georgia Limited partnership whose principal address is c/o LNR
Partners, LLC, 1601 Washington Avenue, Suite 800, Miami Beach,
Florida.  JPMCC claims an interest in the Property by virtue of a
judgment dated Aug. 21, 2015 and entered by the Superior Court of
Houston County, Georgia in the original amount of $1,494,160, and
recorded in the records of the Superior Court of Bibb County on
June 8, 2017 at Book 1165, Page 264.  The Movant is seeking to
avoid the Bibb County Judgment as a voidable preference in a
related Adversary Proceeding filed in the case.

Respondent Hon. Samuel Wade Mccord, Bibb County Tax Commissioner,
is the duly elected and serving as Tax Commissioner of Bibb County,
Georgia.  Respondent may be served at 188 Third Street, Macon,
Georgia 31201.  He may claim an interest in the Property for ad
valorem taxes owing on the Property.

Respondent JP Morgan Chase Bank, National Association may be served
via first class mail to its bankruptcy service center at 700 Kansas
Lane, Monroe, Louisiana.

The Motion is a Contested Matter under F.R.B.P. 9014.

On Oct. 18, 2018, the Debtors entered into the Purchase and Sale
Agreement with the Purchaser relating to the purchase and sale of
the Property.  In pertinent part, the Contract provides that the
Debtors will sell the Property to the Purchaser for a purchase
price of $45,000.  The closing date is set for the later of (i)
Nov. 30, 2018 or (ii) the Court approval of the sale.  

The brokerage fee, if any, due to Independent Realty of Central
Georgia, Inc. is payable out of the purchase price pursuant to an
Exclusive Seller Listing Agreement dated on Jan. 17, 2018, between
the Debtors and the Broker, and estimated to be $2,700.  The sale
will be free and clear of liens, claims, and interests, with such
liens, claims, and interests, if any, to attach to the net proceeds
of the sale.

The Debtors ask the Court to authorize the disbursal of the
proceeds of the sale as follows:

     i. pay liens for unpaid ad valorem taxes assessed against the
Property through the closing of the sale;

     ii. pay all usual, customary, and reasonable costs associated
with the sale as agreed in the Contract and the Listing Agreement;

     iii. pay to JP Morgan at closing the net proceeds necessary to
satisfy the JP Morgan indebtedness; and

     iv. pay to Debtors' undersigned attorneys at the closing the
remaining proceeds, with all of such remaining proceeds to be held
by Debtors' undersigned attorneys in escrow pending further order
of the Court or resolution of the Adversary Proceeding.

Finally, the Debtors ask that the Court waives the 14-day stay of
any order approving the Motion pursuant to F.R.B.P. 6004(h) and
6006(d).

A copy of the APA attached to the Motion is available for free at:

  http://bankrupt.com/misc/Tommie_Lingenfelter_153_Sales.pdf

                   About the Lingenfelters

Tommie J. Lingenfelter and Judith R. Lingenfelter sought Chapter 11
protection (Bankr. M.D. Ga. Case No. 17-51934) on Sept. 5, 2017.
The Debtors continue to operate their businesses and manage their
properties as debtors-in-possession pursuant to Sections 1107(a)
and 1108 of the Bankruptcy Code.

No creditors' committee has been appointed in the case.  No trustee
or examiner has been appointed.

The Debtors tapped David L. Bury, Jr., Esq., at Stone & Baxter,
LLP, as counsel.  On Feb. 23, 2018, the Court appointed Independent
Realty of Central Georgia, Inc., doing business as Washburn &
Associates, as broker.


TOWERSTREAM CORP: Incurs $2.6 Million Net Loss in Third Quarter
---------------------------------------------------------------
Towerstream Corporation has filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q reporting a net loss
of $2.58 million on $6.10 million of revenues for the three months
ended Sept. 30, 2018, compared to a net loss of $3.13 million on
$6.55 million of revenues for the three months ended Sept. 30,
2017.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss of $7.63 million on $18.76 million of revenues compared to
a net loss of $10.41 million on $19.64 million of revenues for the
same period a year ago.

As of Sept. 30, 2018, the Company had $19.57 million in total
assets, $41.47 million in total liabilities, and a total
stockholders' deficit of $21.89 million.

The Company has monitored and reduced certain of its operating
costs over the course of 2017 and into the first nine months of
2018.  Historically, the Company has financed its operations
through private and public placement of equity securities, as well
as debt financing and capital leases.  The Company's ability to
fund its longer term cash requirements is subject to multiple
risks, many of which are beyond its control.  The Company intends
to raise additional capital, either through debt or equity
financings or through the potential sale of the Company's assets in
order to achieve its business plan objectives.  Management believes
that it can be successful in obtaining additional capital; however,
no assurance can be provided that the Company will be able to do
so.  There is no assurance that any funds raised will be sufficient
to enable the Company to attain profitable operations or continue
as a going concern.  To the extent that the Company is
unsuccessful, the Company may need to curtail or cease its
operations and implement a plan to extend payables or reduce
overhead until sufficient additional capital is raised to support
further operations.  There can be no assurance that such a plan
will be successful.

In March 2018, the Company announced that its board of directors
had commenced an evaluation of strategic repositioning of the
Company as it moves to leverage its existing key assets in major
U.S. markets.  In conjunction with that announcement, the Company
began to focus on indirect and wholesale channels and retained Bank
Street Group LLC as its independent financial advisor to explore
strategic alternatives, including the sale of some or all of the
Company's business or assets.  There can be no assurances that the
process will result in a transaction.  Any potential strategic
alternative will be evaluated by the board.  The Company does not
intend to discuss developments with respect to the evaluation
process unless a transaction is approved, or further disclosure
becomes appropriate.

In May 2018, the Company adopted a management incentive plan
pursuant to which it will pay up to $2,000,000 in cash bonuses
(subject to withholding and deductions) to officers, directors and
employees upon either a sale of the Company or a sale of its assets
in each case that results in the payment in full of the obligations
due under the Loan Agreement.  Payments under the management
incentive plan will pay participants an aggregate of $1,000,000
upon a Triggering Sale plus up to an additional aggregate of
$1,000,000 to be earned proportionately for a Triggering Sale in
which the implied enterprise value of the Company based on the
consideration paid in such Triggering Sale increases from a minimum
of $45,000,000 to a maximum of $55,000,000.

                  Liquidity and Capital Resources

As of Sept. 30, 2018, the Company had cash and cash equivalents of
approximately $3.9 million and working capital deficiency of
approximately $35.4 million.  The Company has incurred significant
operating losses since inception and continue to generate losses
from operations and as of Sept. 30, 2018, the Company has an
accumulated deficit of $196.8 million.  The Company said these
matters raise substantial doubt about its ability to continue as a
going concern within one year after the date these financial
statements are issued.  Management has also evaluated the
significance of these conditions in relation to the Company's
ability to meet its obligations.  The condensed consolidated
financial statements do not include any adjustments relating to the
recoverability and classification of asset amounts or the
classification of liabilities that might be necessary should we be
unable to continue as a going concern.

A full-text copy of the Form 10-Q is available for free at:

                     https://is.gd/2Lkeh8

                      About Towerstream

Towerstream Corporation (OTCQB:TWER) -- http://www.towerstream.com
-- is a fixed-wireless fiber alternative company delivering
Internet access to businesses.  The Company offers broadband
services in twelve urban markets including New York City, Boston,
Los Angeles, Chicago, Philadelphia, the San Francisco Bay area,
Miami, Seattle, Dallas-Fort Worth, Houston, Las Vegas-Reno, and the
greater Providence area.

Towerstream reported a net loss attributable to common stockholders
of $14.37 million in 2017 and a net loss attributable to common
stockholders of $22.15 million in 2016.  As of June 30, 2018,
Towerstream had $21.44 million in total assets, $40.77 million in
total liabilities and a total stockholders' deficit of $19.33
million.

In their report dated April 2, 2018 with respect to the Company's
consolidated financial statements for the years ended Dec. 31,
2017, Marcum LLP, the Company's accounting firm since 2007, stated
that the Company has a significant working capital deficiency, has
incurred significant losses and needs to raise additional funds to
meet its obligations and sustain its operations.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.


TSC BAYVIEW: Schiffers Buying Shady Side Property for $355K
-----------------------------------------------------------
TSC Bayview Drive, LLC, asks the U.S. Bankruptcy Court for the
District of Maryland to authorize the sale of the single parcel of
real estate in Anne Arundel County known as 4913 Bayview Drive,
Shady Side, Maryland, to Erick Schiffer and Yvonne Schiffer for
$355,000.

The Debtor owns the property which is held for development and
sale.  The said property is valued in the Tax records of Baltimore
County at $372,000., and was valued by the Debtor in its Schedules
at $360,000.

The property is subject to a lien in favor of the Respondent Bank
of Glen Burnie ("BGB") as well as potential tax and other claims in
favor of Anne Arundel County, Maryland.  BGB has have filed a proof
of claim herein in respect to the Debtor.  It asserts a lien claim
in the amount of $280,030.  Anne Arundel County has not filed a
claim.  BGB's claim is subject to additional charges, interest and
fees.

The Debtor is simultaneously filing a Motion requesting authority
to employ Deanna Miller and Long & Foster Real Estate, Inc. for the
purpose of marketing the Subject Property.  

The Debtor proposes to enter into a contract with the Purchaser.
The agreement provides that Purchasers pay the sum of 355,000, free
and clear liens, subject to contingencies for financing, and
inspection and with no other conditions.  The Contract is subject
to Court Approval by operation of the Bankruptcy Code.

The Debtor proposes to pay real estate commissions to Deanna Miller
and Long & Foster Real Estate, Inc. in the amount of 5% pursuant to
the terms of the prior Order.  The Purchasers will pay any transfer
tax.

The Debtor proposes to pay the net proceeds of settlement to
secured creditors at settlement, and to retain any surplus for use
in its reorganization.  BGB has advised the Debtor that its
consents to the sale.

A copy of the Contract attached to the Motion is available for free
at:

   http://bankrupt.com/misc/TSC-Bayview_Drive_32_Sales.pdf

Counsel for Debtor:

         David W. Cohen, Esq.
         Suite 350 Blaustein Building
         1 North Charles Street
         Baltimore, MD 21201
         Telephone: (410) 837-6340
         E-mail: dwcohen79@jhu.edu

TSC Bayview Drive, LLC, sought Chapter 11 protection (Bankr. D. Md.
Case No. 18-19487) on July 18, 2018.


US SILICA: Bank Debt Trades at 10% Off
--------------------------------------
Participations in a syndicated loan under which US Silica
Corporation is a borrower traded in the secondary market at 89.77
cents-on-the-dollar during the week ended Friday, November 9, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.90 percentage points from the
previous week. US Silica pays 400 basis points above LIBOR to
borrow under the $12 million facility. The bank loan matures on May
1, 2025. Moody's rates the loan 'B1' and Standard & Poor's gave a
'B+' rating to the loan. The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended Friday, November 9.


VFH PARENT: S&P Affirms 'B+' Issuer Credit Rating, Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings said it affirmed its 'B+' issuer credit and
senior secured debt ratings and 'B-' senior secured second-lien
debt ratings on VFH Parent LLC (Virtu), an affiliate of Virtu
Financial Inc. The outlook remains stable.

The rating actions follow Virtu's announcement that it is acquiring
Investment Technology Group Inc. (ITG) for approximately $1
billion. To fund the acquisition and related fees, Virtu plans to
issue a $1.5 billion senior secured term loan, which will also
refinance its existing $400 million term loan. The transaction is
expected to close in the first quarter of 2019.   

S&P said, "The affirmation reflects our view of the potential
benefits of the transaction on Virtu's business, offset by the
erosion of its capital from acquisition goodwill. We believe that
the addition of ITG's successful customer securities execution
franchise should give Virtu critical mass in this business. Pro
forma for the acquisition, customer execution commissions increase
to just over a third of Virtu's adjusted net trading income, from
about 10% currently. ITG's executions business revenue has also
been more stable than Virtu's revenue, so it should also improve
Virtu's revenue stability. It will also boost earnings if Virtu is
able to realize its planned cost-cutting efforts as well as it did
for the KCG acquisition.

"However, we believe that this benefit is offset, at least over the
near term, by the erosion of Virtu's tangible capitalization from
the approximately $700 million of acquisition goodwill. This is
likely to return tangible equity to negative, erasing the
approximately half billion dollars of tangible equity the firm had
amassed through retained earnings and the sale of the BondPoint
platform since its 2017 acquisition of KCG.  

"We also believe there is significant integration risk given ITG's
customer focus, particularly given ITG's recent regulatory
settlements regarding its past treatment of customer orders and
confidential information. While Virtu managed this well with the
KCG acquisition, we believe there could be more risk of ITG
customer attrition.   

"The stable outlook on Virtu reflects our expectation that
integration and management's expense reduction targets will be
successful and the firm will maintain profitability with no
increase in risk or material operational losses. Further, we expect
that returns to shareholders will limit the building of capital,
and that this and management's focus on paying down debt will limit
the buildup of contingent liquidity."

S&P could lower ratings over next 12 months if:

-- Core earnings erode or the firm suffers material operational
risk or market risk losses; or

-- S&P expects liquidity to deteriorate materially.

While less likely over the same time horizon, S&P could raise the
ratings if the integration of ITG is successful, with limited
attrition from clients, and the firm:

-- Increases revenue diversification and improves revenue and
earnings stability, and

-- Builds tangible equity and contingent liquidity.



VIP RESORT: Unsecured to Get 100% 90 Days from Effective Date
-------------------------------------------------------------
VIP Resort, LLC, filed with the U.S. Bankruptcy Court for the
District of Nevada, a disclosure statement explaining its Chapter
11 plan.

The Plan states that Class 1 will be the Secured Claim of Philip T.
Rivera, which is Impaired, and will be paid in full over five years
from the Effective Date, in equal monthly principal payments of
$7,667 or such other monthly amounts as will pay the current
principal balance in full.

Class 2 will be the Secured Claim of LVREIS, Inc., which is
Unimpaired, and will receive payment in accordance with the terms
of the New Loan agreement.

Class 3 will be the General Unsecured Claims, which are Impaired,
and will be paid in full within 90 days of the Effective Date.

The Plan further provides that Equity Interest Holders are parties
who hold an ownership interest in the Debtor and are classified in
Class 4.  In this Chapter 11 case, the Debtor is a limited
liability company.  Upon the Effective Date of the Plan, the
Debtor's managing member will be retaining his Equity Interests in
exchange for contributions to the Debtor's estate to fund the Plan,
specifically, Williams made a contribution of $114,986.02 towards
the Class 2 claim and will make an additional $2,117 contribution,
which will be contributed to the Plan to help fund payment in full
to the Holder of the Class 3 Claim.  The Debtor's Equity Interests
are Impaired to the extent they must make the Equity Contribution
to retain their Equity Interests and will be entitled to vote to
accept or reject the Plan.  Should the Debtor's Equity Interest
Holders fail to make any portion of their respective Equity
Contribution, such Equity Interest Holders shall not retain any
Equity Interests in the Reorganized Debtor.

Pursuant to the New Loan with LVREIS, Inc., the Debtor's principal
Restructuring Transaction, the Debtor refinanced its Real Property
and paid the Claims of Creditors RB Avenue Trust and the Clark
County Assessor.

On the Effective Date, the Reorganized Debtor will issue the New
Equity Interests to the Debtor's members pursuant to the terms set
forth in the Plan.  The New Equity Interests will represent all of
the Equity Interests in the Reorganized Debtor as of the Effective
Date.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y9eest5o from PacerMonitor.com at no charge.

            About VIP Resort

VIP Resort LLC, formerly A-VIP Pet Resort --
http://www.a-vippetresort.com/-- is a privately owned provider of
dog & cat boarding services.  It is located in the heart of Las
Vegas, just minutes from both McCarran International Airport and
the famous Las Vegas Strip.

VIP Resort sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 17-16841) on Dec. 27, 2017.  In the
petition signed by Kurt Williams, its managing member, the Debtor
estimated assets and liabilities of $1 million to $10 million.  

Judge Laurel E. Davis presides over the case.  

Schwartz Flansburg PLLC is the Debtor's legal counsel.  J&L
Unlimited, LLC, is the Debtor's bookkeeper.


VIRTU FINANCIAL: Fitch Affirms BB- IDR & Alters Outlook to Negative
-------------------------------------------------------------------
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings of
Virtu Financial LLC and VFH Parent LLC, a debt issuing subsidiary
of Virtu, at 'BB-'. The Rating Outlook has been revised to Negative
from Stable.

On Nov. 7, 2018, Virtu announced that it had entered into a
definitive agreement to acquire Investment Technology Group, Inc.
(ITG), an institutional agency execution services provider. Virtu
intends to fund the transaction with new gross borrowings of $1.5
billion, which have been committed by Jefferies Finance LLC and
Royal Bank of Canada. Virtu intends to repay the $400 million
aggregate principal amount outstanding under its existing term
loan, resulting in $1.1 billion of incremental debt. The
transaction is expected to close within the next six months.

KEY RATING DRIVERS

IDRS AND SENIOR DEBT

The revision of the Outlook to Negative from Stable reflects
Fitch's view of elevated execution risk associated with the
acquisition in terms of integration, achievement of envisioned
synergies and deleveraging. Fitch believes these risks could result
in leverage remaining above 2.5x on a gross debt to EBITDA basis,
for an extended period of time, particularly in the event of a
sustained market disruption. Fitch also notes recent financial
underperformance and governance deficiencies at ITG, the latter of
which resulted in recent settlements with the SEC.

The risks are partially balanced against Virtu's gains in client
execution franchise, potentially reduced earnings volatility and
improved geographic diversification as a result of the
transaction.

The rating affirmation reflects Virtu's established market position
as a technology-driven market maker across various venues,
geographies and products, which was further enhanced by the
acquisition of KCG Holidings, Inc. (KCG) in July 2017. Virtue also
has good historic operating performance, a scalable business model,
an experienced management team, and strong execution against
financial objectives with respect to the KCG acquisition. Fitch
believes that Virtu's market-neutral trading strategies in highly
liquid products and extremely short holding periods minimize market
and liquidity risks. Additionally, the firm's risk controls are
believed to be robust, as evidenced by minimal instances of
material historical operational losses.

The affirmation also reflects Fitch's view that the acquisition of
ITG has the potential to materially expand Virtu's execution
franchise, increase geographic diversity and reduce earnings
volatility. For example, management expects client-driven execution
business revenues to increase to about 37% from the 10-15% and
non-U.S. revenues to increase to approximately 20-25% from 15% for
the trailing 12 months (TTM) ending 3Q18. Management also estimates
execution services revenues to be on average three times less
volatile than those from market making.

Pro forma for the $1.1 billion in incremental debt to be assumed in
connection with the acquisition, gross debt to adjusted EBITDA is
expected to increase to 3.2x from 1.75x for the TTM3Q18, excluding
any potential cost or capital synergies. Virtu expects to realise
$94 million in net cash synergies in the 18-24 months post-close.
Including the cost synergies, pro forma cash flow leverage measured
2.8x. Virtu also identified $125 million in capital synergies,
mostly in the form of reduced prudential capital requirements as a
result of optimization of overlapping regulated broker-dealer
subsidiaries. Should capital synergies be used to repay the debt,
Fitch estimates leverage would be 2.6x on a gross debt/adjusted
EBITDA basis. Virtu communicated a long-term leverage target of
2.0x-2.25x to be achieved by end-2020.

Interest coverage, as reflected in adjusted EBITDA to interest
expense was 6.6x for the TTM3Q18. Pro forma for the debt issuance
and repayment of $400 million term loan Fitch calculates interest
coverage to reduce to about 4.3x before synergies and 5.2x after
the cash cost synergies, which is around a midpoint of Fitch's 'bb'
quantitative benchmarking range for securities firms with low
balance sheet usage of 3x to 6x.

For the TTM3Q18, Virtu's EBITDA margins were strong at 35.8%, but
Fitch expects them to decrease by about four percentage points as a
result of the acquisition, due to lower margins at ITG. Virtu's
EBITDA margins could return to their current levels if cost
synergies are realized.

ITG has posted relatively weak financial results over the last
several years, recording a $43 million pre-tax loss in 2016 and a
weak $6.5 million pre-tax profit in 2017, which compares to about
$65 million prior to SEC settlements. For the TTM ending 3Q18, ITG
recorded $8 million in pre-tax profit. ITG has also experienced
several governance and internal control deficiencies. Most notably,
in 2015, ITG faced client attrition as a result of admitted
wrongdoing by operating a secret trading desk and misusing
confidential trading information of black pool subscribers,
according to SEC. In 2017, ITG agreed to pay more than $24.4
million to settle charges for violating U.S. federal securities
laws in when ITG prompted the issuance of American Depository
Receipts (ADRs) without possessing the underlying foreign shares.
During 9M18 ITG accrued $13 million in SEC settlement.

The secured term loan rating is equalized with VFH's IDR,
reflecting average recovery prospects.

The rating on the second-lien notes is one notch lower than VFH's
IDR reflecting structural subordination and weaker relative
recovery prospects.

RATING SENSITIVITIES

IDRS AND SENIOR DEBT

Negative rating actions could result from integration or execution
challenges associated with the ITG acquisition which results in
shortfalls in projected cost and capital synergies, an inability to
reduce leverage towards or below 2.5x on a gross debt/adjusted
EBITDA basis over the next 12-24 months or adverse legal or
regulatory actions against Virtu.

A rating downgrade could also result from material operational or
risk management failures, a failure to maintain Virtu's market
position in the face of evolving market structures and
technologies, and/or a material shift into trading less liquid
products.

Demonstrated progress in de-leveraging towards or below the
company's publicly-articulated long-term target of 2.0x-2.25x on a
gross debt/adjusted EBITDA basis, and successful execution against
stated business and financial objectives associated with the ITG
acquisition could lead to the Rating Outlook being revised back to
Stable.

Positive rating action, though likely limited to the 'BB' rating
category, given the significant operational risk inherent in
technology-driven trading, could be driven by more clearly
articulated long-term strategic objectives. Upward rating momentum
could also be supported by consistent operating performance and
minimal operational losses over a longer period of time while
maintaining cash flow leverage at-or-below 2.0x on a gross
debt/adjusted EBITDA basis. Increased funding flexibility,
including demonstrated access to third party funding through market
cycles, could also contribute to positive rating momentum.

The secured term loan rating and second lien note rating are
primarily sensitive to changes in Virtu's IDR, and secondarily, to
changes in Virtu's capital structure and/or changes in Fitch's
assessment of the recovery prospects for the various instruments.

Fitch has affirmed the following ratings:

Virtu Financial LLC

  -- Long-term IDR at 'BB-'.

VFH Parent LLC

  -- Long-term IDR at 'BB-'.

  -- Senior secured rating for term loan at 'BB-'.

  -- Senior second lien notes at 'B+'.

The Rating Outlook has been revised to Negative from Stable.


WOODBRIDGE GROUP: Selling Sachs' Carbondal Property for $180K
-------------------------------------------------------------
Woodbridge Group of Companies, LLC, and its affiliated debtors ask
the U.S. Bankruptcy Court for the District of Delaware to authorize
their Contract to Buy and Sell Real Estate dated as of Sept. 13,
2018, with Aaron Bevington and Michelle Bevington, in connection
with the sale of Debtor Sachs Bridge Investments, LLC's real
property located at 406 Crystal Canyon Drive, Carbondale, Colorado,
together with the Seller's right, title, and interest in and to the
buildings located thereon and any other improvements and fixtures
located thereon, and any and all of the Sellers' right, title, and
interest in and to the tangible personal property and equipment
remaining on the real property as of the date of the closing of the
sale, for $180,000.

The Property consists of an approximately 0.30 acre vacant lot.
The Seller purchased the Real Property in July 2016 for $120,000
with the intention of holding the lot for future sale as a vacant
lot or for future possible development.  Ultimately, the Debtors
determined that there would be no benefit to constructing a new
home on the Real Property given the existing inventory in the
community.

The Property has been listed on the multiple-listing service and
marketed for sale as a vacant lot since Sept. 6, 2018.  The
Purchasers' all cash offer under the Purchase Agreement is the
highest and otherwise best offer (and the only offer) the Debtors
have received for the Property.  Accordingly, the Debtors
determined that selling the Property on an "as is" basis to the
Purchasers is the best way to maximize the value of the Property.

On Sept. 14, 2018, the Purchasers made an all cash offer for the
Property in the amount of $150,000.  The Debtors countered their
offer at $225,000, which the Purchaser rejected.  On Oct. 18, 2018,
the Purchasers raised its offer to $180,000. The Debtors believe
that this all cash purchase price provides significant value, and
accordingly, the Seller countersigned the Purchase Agreement on
Oct. 18, 2018.

Under the Purchase Agreement, the Purchasers agreed to purchase the
Property for $180,000, with a $10,000 initial cash deposit, and the
balance of $170,000 to be paid in cash at closing, with no
financing contingencies.  The deposit is being held by Land Title
Guarantee Co. as escrow agent

Under the Purchase Agreement, the Purchaser agreed to purchase the
Property for $29.5 million, with an $885,000 initial cash deposit,
a loan in the amount of $10 million, and the balance to be paid as
a single cash down payment due at closing.  The deposit is being
held by A&A Escrow Services, Inc. as the escrow agent.

In connection with marketing the Property, the Debtors worked with
Aspen Snowmass Sotheby's International Realty, a non-affiliated
third-party brokerage company, as the transaction broker for both
parties.  The Broker Agreement provides Sotheby's with the
exclusive and irrevocable right to market the Property for a fee in
the amount of 5% of the contractual sale price, and authorizes the
Seller's broker to contribute up to 2.5% of the Seller's Broker Fee
to a cooperating broker.  The Purchase Agreement is signed by Laura
Gee of Sotheby's as the Seller's broker and Tommy Kearsey of Home
Waters Real Estate Group as the Purchasers' broker.

In addition to the Broker Fees, the Seller must also satisfy
certain required costs associated with the sale and transfer of
title of the Property to comply with the Purchase Agreement.  The
Other Closing Costs include, but are not limited to, recording
fees, title insurance policy costs, prorated property taxes, city
and county transfer taxes, and other items noted on the title
report for the Property.  They also rely on outside vendors for
escrow and title services in connection with property sales.  In
general, vendors are mutually agreed on by the applicable Debtors
and a purchaser prior to the acceptance of an offer.

All proceeds of the Sale (net of the Broker Fee and Other Closing
Costs) will be paid to the Debtors into the general account of
Debtor Woodbridge Group of Companies, LLC, and such net proceeds
will be disbursed and otherwise treated by the Debtors in
accordance with the Final DIP Order.

The Debtors ask that filing of a copy of an order granting the
relief sought in Garfield County, Colorado may be relied upon by
the Title Insurer to issue title insurance policies on the
Property.  They further ask authority to pay the Broker Fees out of
the sale proceeds by paying the Seller's Broker Fee in the amount
of up to 2.5% of gross sale proceeds and paying the Purchasers'
Broker Fee in the amount of up to 2.5% of gross sale proceeds.

Any delay in permitting the Debtors to close the Sale could
jeopardize the Sale with the Purchaser and therefore would be
detrimental to the Debtors, their creditors, and their estates.
Accordingly, and to successfully implement the foregoing, the
Debtors ask a waiver of the notice requirements under Bankruptcy
Rule 6004(a) and the 14-day stay of any order authorizing the use,
sale, or lease of property under Bankruptcy Rule 6004(h).  

A copy of the Agreements attached to the Motion is available for
free at:

   http://bankrupt.com/misc/Woodbridge_Group_2909_Sales.pdf

A hearing on the Motion is set for Nov. 20, 2018 at 10:00 a.m. (ET)
at 1:30 p.m. (ET).  The objection deadline is Nov. 9, 2018 at 4:00
p.m. (ET).

                   About The Woodbridge Group

Headquartered in Sherman Oaks, California, The Woodbridge Group
Enterprise -- http://www.woodbridgecompanies.com/-- is a
comprehensive real estate finance and development company.  Its
principal business is buying, improving, and selling high-end
luxury homes.  The Woodbridge Group Enterprise also owns and
operates full-service real estate brokerages, a private investment
company, and real estate lending operations.  The Woodbridge Group
Enterprise and its management team have been in the business of
providing a variety of financial products for more than 35 years,
and have been primarily focused on the luxury home business for the
past five years.  Since its inception, the Woodbridge Group
Enterprise has completed more than $1 billion in financial
transactions.  These transactions involve real estate, note buying
and selling, hard money lending, and alternative financial
transactions involving thousands of investors.

Woodbridge Group of Companies and certain of its affiliates filed
Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.
17-12560) on Dec. 4, 2017. Woodbridge estimated assets and
liabilities at between $500 million and $1 billion.  The Chapter 11
cases are being jointly administered.

Judge Kevin J. Carey presides over the case.

Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq.,
Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey,
Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher,
LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J.
Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway
Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

The Debtors' financial advisors are Larry Perkins, John Farrace,
Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman
at SierraConstellation Partners, LLC. Beilinson Advisory Group is
serving as independent management to the Debtors.  Garden City
Group, LLC, is the Debtors' claims and noticing agent.

Pachulski Stang Ziehl & Jones is counsel to the Official Committee
of Unsecured Creditors; and FTI Consulting, Inc., serves as its
financial advisor.

An official committee of unsecured creditors was appointed in the
Chapter 11 cases on Dec. 14, 2017. On Jan. 23, 2018, the Court
approved a settlement providing for the formation of an ad hoc
noteholder group and an ad hoc unitholder group.


WOODBRIDGE GROUP: Selling Sachs' Carbondale Property for $180K
--------------------------------------------------------------
Woodbridge Group of Companies, LLC, and its affiliated debtors ask
the U.S. Bankruptcy Court for the District of Delaware to authorize
the Contract to Buy and Sell Real Estate dated as of Sept. 13,
2018, with Aaron Bevington and Michelle Bevington, in connection
with the sale of Debtor Sachs Bridge Investments, LLC's real
property located at 406 Crystal Canyon Drive, Carbondale, Colorado,
together with the Seller's right, title, and interest in and to the
buildings located thereon and any other improvements and fixtures
located thereon, and any and all of the Sellers' right, title, and
interest in and to the tangible personal property and equipment
remaining on the real property as of the date of the closing of the
sale, for $180,000.

The Property consists of an approximately 0.30 acre vacant lot.
The Seller purchased the Real Property in July 2016 for $120,000
with the intention of holding the lot for future sale as a vacant
lot or for future possible development.  Ultimately, the Debtors
determined that there would be no benefit to constructing a new
home on the Real Property given the existing inventory in the
community.

The Property has been listed on the multiple listing service and
marketed for sale as a vacant lot since Sept. 6, 2018.  The
Purchasers' all cash offer under the Purchase Agreement is the
highest and otherwise best offer (and the only offer) the Debtors
have received for the Property.  Accordingly, the Debtors
determined that selling the Property on an "as is" basis to the
Purchasers is the best way to maximize the value of the Property.

On Sept. 14, 2018, the Purchasers made an all cash offer for the
Property in the amount of $150,000.  The Debtors countered their
offer at $225,000, which the Purchasers rejected.  On Oct. 18,
2018, the Purchasers raised its offer to $180,000.  The Debtors
believe that this all cash purchase price provides significant
value, and accordingly, the Seller countersigned the Purchase
Agreement on
Oct. 18, 2018.

Under the Purchase Agreement, the Purchasers agreed to purchase the
Property for $180,000, with a $10,000 initial cash deposit, and the
balance of $170,000 to be paid in cash at closing, with no
financing contingencies.  The deposit is being held by Land Title
Guarantee Co. as the escrow agent.

In connection with marketing the Property, the Debtors worked with
Aspen Snowmass Sotheby's International Realty, a non-affiliated
third-party brokerage company, as the transaction broker for both
parties.  The Broker Agreement provides Sotheby's with the
exclusive and irrevocable right to market the Property for a fee in
the amount of 5% of the contractual sale price, and authorizes the
Seller's broker to contribute up to 2.5% of the Seller's Broker Fee
to a cooperating broker.  The Purchase Agreement is signed by Laura
Gee of Sotheby's as the Seller's broker and Tommy Kearsey of Home
Waters Real Estate Group as the Purchasers' broker.

In addition to the Broker Fees, the Seller must also satisfy
certain required costs associated with the sale and transfer of
title of the Property to comply with the Purchase Agreement.  The
Other Closing Costs include, but are not limited to, recording
fees, title insurance policy costs, prorated property taxes, city
and county transfer taxes, and other items noted on the title
report for the Property.  They also rely on outside vendors for
escrow and title services in connection with property sales.  In
general, vendors are mutually agreed on by the applicable Debtors
and a purchaser prior to the acceptance of an offer.

All proceeds of the Sale (net of the Broker Fee and Other Closing
Costs) will be paid to the Debtors into the general account of
Debtor Woodbridge Group of Companies, LLC, and such net proceeds
will be disbursed and otherwise treated by the Debtors in
accordance with the Final DIP Order.

The Property is subject to a lien for the benefit of Woodbridge
Mortgage Investment Fund 2, LLC, which secures indebtedness of the
Seller to the Fund in connection with the purchase of the Property.
The Fund has consented to the Sale of the Property free and clear
of the Fund Lien.

The Debtors ask that filing of a copy of an order granting the
relief sought Garfield County, Colorado may be relied upon by the
Title Insurer to issue title insurance policies on the Property.
They further ask authority to pay the Broker Fees out of the sale
proceeds by paying the Seller's Broker Fee in the amount of up to
2.5% of gross sale proceeds and paying the Purchasers' Broker Fee
in the amount of up to 2.5% of gross sale proceeds.

Any delay in permitting the Debtors to close the Sale could
jeopardize the Sale with the Purchaser and therefore would be
detrimental to the Debtors, their creditors, and their estates.
Accordingly, and to successfully implement the foregoing, the
Debtors ask a waiver of the notice requirements under Bankruptcy
Rule 6004(a) and the 14-day stay of any order authorizing the use,
sale, or lease of property under Bankruptcy Rule 6004(h).  

A copy of the Agreements attached to the Motion is available for
free at:

   http://bankrupt.com/misc/Woodbridge_Group_2904_Sales.pdf

A hearing on the Motion is set for Nov. 20, 2018 at 2:00 p.m. (ET)
at 1:30 p.m. (ET).  The objection deadline is Nov. 9, 2018 at 4:00
p.m. (ET).

                     About Woodbridge Group

Headquartered in Sherman Oaks, California, The Woodbridge Group
Enterprise -- http://www.woodbridgecompanies.com/-- is a
comprehensive real estate finance and development company.  Its
principal business is buying, improving, and selling high-end
luxury homes.  The Woodbridge Group Enterprise also owns and
operates full-service real estate brokerages, a private investment
company, and real estate lending operations.  The Woodbridge Group
Enterprise and its management team have been in the business of
providing a variety of financial products for more than 35 years,
and have been primarily focused on the luxury home business for the
past five years. Since its inception, the Woodbridge Group
Enterprise has completed more than $1 billion in financial
transactions.  These transactions involve real estate, note buying
and selling, hard money lending, and alternative financial
transactions involving thousands of investors.

Woodbridge Group of Companies and certain of its affiliates filed
Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.
17-12560) on Dec. 4, 2017. Woodbridge estimated assets and
liabilities at between $500 million and $1 billion.  The Chapter 11
cases are being jointly administered.

Judge Kevin J. Carey presides over the case.

Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq.,
Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey,
Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher,
LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J.
Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway
Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

The Debtors' financial advisors are Larry Perkins, John Farrace,
Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman
at SierraConstellation Partners, LLC. Beilinson Advisory Group is
serving as independent management to the Debtors.  Garden City
Group, LLC, is the Debtors' claims and noticing agent.

Pachulski Stang Ziehl & Jones is counsel to the Official Committee
of Unsecured Creditors; and FTI Consulting, Inc., serves as its
financial advisor.

An official committee of unsecured creditors was appointed in the
Chapter 11 cases on Dec. 14, 2017.  On Jan. 23, 2018, the Court
approved a settlement providing for the formation of an ad hoc
noteholder group and an ad hoc unitholder group.


YOUNG KEUN PARK: Trustee Sellinig La Palma Property for $4.1M
-------------------------------------------------------------
Young Keun Park asks the U.S. Bankruptcy Court for the Central
District of California to authorize the bidding procedures in
connection with the sale of the real property commonly known as
6901 Walker Street, La Palma, California, to Susana Wai-Yin Cheng
Leung, Ilan Israely and Albert A. Barrios or their permitted
assignee, pursuant to their Commercial Property Purchase Agreement
dated Sept. 4, 2018, for $4.1 million.

A hearing on the Motion is set for Nov. 14, 2018 at 10:00 a.m.

The Trustee retained Lee & Associates | Industry as real estate
brokers to assist the Trustee in marketing and selling the Real
Property.  Lee, with the aid of the Trustee and her professionals,
have worked tirelessly to market the Real Property for sale since
that time and reached out and met with numerous potential buyers.

The Trustee and Lee continue to actively market the Real Property
to potential overbidders including those that had previously
expressed interest in the Real Property.  The Trustee contends that
since the Real Property will be sold in auction format as provided
below, the final purchase price offered for the Real Property at
the conclusion of the Auction will establish the fair market value
for the Real Property.

Subject to the Court's approval and subject to overbid, the Buyers
have agreed to purchase property of the Estate pursuant to the
terms and conditions of the Sale Agreement.  The Buyers have
deposited $129,000 into the escrow account.  They have waived all
contingencies, except as otherwise set forth in the Sale
Agreement.

Timothy J. Yoo, the chapter 11 trustee of the Onebada, Inc.
bankruptcy estate (Bankruptcy Case No. 2:18-bk-11855-BB ) has also
entered into a Business Purchase Agreement dated Sept. 25, 2018
with the Buyers to sell the Business.  Yoo Trustee will separately
file a sale motion concurrently with the Motion to sell the
Business to the Proposed Buyer or successful bidder.

The Real Property and the Business consists of the restaurant
business located at the Real Property known as "Bulgogi House" and
the personal property associated therewith.  The total purchase
price for the Combined Assets is $4.55 million which is broken down
as follows: $4.1 million for the Real Property and $450,000 for the
Business.  While the Trustee is prepared to consummate a sale of
the Real Property to the Buyers, the Trustee is also interested in
obtaining the maximum price for the Real Property.  Accordingly,
the Trustee required that any sale of the Real Property be subject
to better and higher bids and overbids must include that offers to
purchase the Combined Assets.

The Trustee proposes to sell the Real Property on an "as is where
is" (subject to overbid(s)) free and clear of liens, claims,
interests and encumbrances to the Buyers.  In an effort to ensure
that maximum value is obtained for the Real Property, the Trustee
is first asking approval of the Bidding Procedures.  Specifically,
any overbid must include offers to purchase both the Business and
the Real Property.  The Trustee respectfully submits that the
Court's approval of the Bidding Procedures is essential and in the
best interest of the Estate and the creditor body.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Nov. 9, 2018 at 12:00 p.m. (PDT)

     b. Minimum Overbid: The purchase price for the Combined Assets
in any Overbid must be in the sum of at least $4,565,000.

     c. Deposit: 3% of the Minimum Overbid

     d. Auction: The Trustee along with the Yoo Trustee will
conduct the Auction on Nov. 14, 2018, commencing at 10:00 a.m.,
(PDT) at the Court.

     e. Bid Increments: $10,000

The Trustee's analysis of the status of liens and encumbrances
affecting the Real Property indicate that the Real Property is
allegedly encumbered as follows, in alphabetical order (Total Liens
- $3,565,037):

     a. Bank of Hope / deed of trust - $3,484,684 (see Proof of
Claim No. 13-1)

     b. Orange County Treasurer and Tax Collector / taxes -
$56,162

     c. Orange County Treasurer and Tax Collector / taxes - $24,191


Two other liens appear on the preliminary title report;
specifically, a deed of trust to secure an indebtedness in the
principal amount of $250,000 held by Tae Wan Lim and another deed
of trust to secure an indebtedness in the principal amount of
$250,000 held by Quentin Meats, Inc.  However, both deeds of trust
were reconveyed on or about July 23, 2018 and as such there are no
amounts due to Tae Wan Lim or Quentin Meats, Inc.

With respect to the Total Liens, the Trustee submits that one or
more of the conditions set forth in Bankruptcy Code section 363(f)
will be satisfied with respect to the sale of the Real Property.
Further, any such lien, claim, or encumbrance will be adequately
protected by attachment to the net proceeds of the sale, subject to
any claims and defenses the Trustee may possess with respect
thereto.  Accordingly, the Trustee asks that the Real Property be
sold and transferred to the Successful Bidder free and clear of all
liens, claims, interests, and encumbrances.

The Trustee asks that the Court waives the 14-day stay period
imposed under Bankruptcy Rule 6004(h).

Young Keun Park sought Chapter 11 protection (Bankr. C.D. Cal. Case
No. 18-10891).  Elissa D. Miller is appointed by the Court as the
Chapter 11 Trustee.  On Aug. 16, 2018, the Court appointed Lee &
Associates | Industry as real estate brokers.


YUMA ENERGY: Incurs $5.88 Million Net Loss in Third Quarter
-----------------------------------------------------------
Yuma Energy, Inc. has filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q reporting a net loss
attributable to common stockholders of $5.88 million on $5.42
million of revenues for the three months ended Sept. 30, 2018,
compared to a net loss attributable to common stockholders of $3.62
million on $5.81 million of revenues for the same period during the
prior year.

For the nine months ended Sept. 30, 2018, the Company reported a
net loss attributable to common stockholders of $13.82 million on
$16.89 million of revenues compared to a net loss attributable to
common stockholders of $1.87 million on $19.51 million of revenues
for the nine months ended Sept. 30, 2017.

As of Sept. 30, 2018, the Company had $83.34 million in total
assets, $47.58 million in total current liabilities, $11.31 million
in total other noncurrent liabilities, and $24.44 million in total
equity.

                             Liquidity

As previously reported, the Company initiated several strategic
alternatives to mitigate its limited liquidity (defined as cash on
hand and undrawn borrowing base), its financial covenant compliance
issues, and to provide it with additional working capital to
develop its existing assets.

During the second quarter of 2018, the Company agreed to sell its
Kern County, California properties for $4.7 million in gross
proceeds and the buyer's assumption of certain plugging and
abandonment liabilities, and received a non-refundable deposit of
$275,000.  The sale did not close as scheduled, and the buyer
forfeited the deposit.  The Company currently anticipates that it
will close the sale with the same buyer in the fourth quarter of
2018 on re-negotiated terms.  Upon closing, the Company anticipates
that the majority of the proceeds will be applied to the repayment
of borrowings under the credit facility; however, there can be no
assurance that the transaction will close.

On Aug. 20, 2018, the Company sold its 3.1% leasehold interest
consisting of 9.8 net acres in one section in Eddy County, New
Mexico for $127,400.  On Oct. 23, 2018, the Company sold
substantially all of its Bakken assets in North Dakota for
approximately $1.16 million in gross proceeds and the buyer's
assumption of certain plugging and abandonment liabilities.  On
Oct. 24, 2018, the Company sold certain deep rights in undeveloped
acreage located in Grady County, Oklahoma for approximately
$120,000. Proceeds of $1.0 million from these non-core asset sales
were applied to the repayment of borrowings under the credit
facility in October 2018, bringing the current outstanding balance
and borrowing base under the credit facility to $34.0 million, with
the balance of the proceeds used for working capital purposes.

Additionally, the Company has reduced its personnel by nine
employees since Dec. 31, 2017, a 26% decrease.  This brings the
Company's headcount to 25 employees at Sept. 30, 2018.  Also, the
Company has taken additional steps to further reduce its general
and administrative costs by reducing subscriptions, consultants and
other non-essential services, as well as eliminating certain of its
capital expenditures planned for 2018.
  
The Company plans to take further steps to mitigate its limited
liquidity which may include, but are not limited to, further
reducing or eliminating capital expenditures; selling additional
assets; further reducing general and administrative expenses;
seeking merger and acquisition related opportunities; and
potentially raising proceeds from capital markets transactions,
including the sale of debt or equity securities.  There can be no
assurance that the exploration of strategic alternatives will
result in a transaction or otherwise improve the Company's limited
liquidity.

The Company has borrowings under its credit facility that require,
among other things, compliance with certain financial ratios and
covenants.  Due to operating losses the Company sustained during
recent quarters, at Sept. 30, 2018, the Company was not in
compliance under the credit facility with its (i) total debt to
EBITDAX covenant for the trailing four quarter period, (ii) current
ratio covenant, (iii) EBITDAX to interest expense covenant for the
trailing four quarter period, and (iv) the liquidity covenant
requiring the Company to maintain unrestricted cash and borrowing
base availability of at least $4.0 million.  Due to this
non-compliance, the Company classified its entire bank debt as a
current liability in its financial statements as of Sept. 30,
2018.

On Oct. 9, 2018, the Company received a notice and reservation of
rights from the administrative agent under its credit facility
advising that an event of default has occurred and continues to
exist by reason of the Company's noncompliance with the liquidity
covenant requiring it to maintain cash and cash equivalents and
borrowing base availability of at least $4.0 million.  As a result
of the default, the lenders may accelerate the outstanding balance
under the credit facility, increase the applicable interest rate by
2.0% per annum or commence foreclosure on the collateral securing
the loans.  As of Nov. 14, 2018, the lenders have not accelerated
the outstanding amount due and payable on the loans, increased the
applicable interest rate or commenced foreclosure proceedings, but
they may exercise one or more of these remedies in the future.  The
Company intends to commence discussions with the lenders under the
credit facility concerning a forbearance agreement or waiver of the
event of default; however, there can be no assurance that the
Company and the lenders will come to any agreement regarding a
forbearance or waiver of the event of default.

As of Sept. 30, 2018, the Company had outstanding borrowings of
$35.0 million under its credit facility, and its total borrowing
base was $35.0 million, leaving no undrawn borrowing base.  Due to
drilling activities and other factors, the Company had a working
capital deficit of $41.07 million (inclusive of the Company's
outstanding debt under its credit facility) and a loss from
operations of $6.89 million for the nine months ended Sept. 30,
2018.

The Company said the factors and uncertainties described above
raise substantial doubt about its ability to continue as a going
concern.  The consolidated financial statements have been prepared
on a going concern basis of accounting, which contemplates
continuity of operations, realization of assets, and satisfaction
of liabilities and commitments in the normal course of business.
The consolidated financial statements do not include any
adjustments that might result from the outcome of the going concern
uncertainty.

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/pn9esN

                       About Yuma Energy

Yuma Energy, Inc. -- http://www.yumaenergyinc.com/-- is an
independent Houston-based exploration and production company
focused on acquiring, developing and exploring for conventional and
unconventional oil and natural gas resources.  Historically, the
Company's operations have focused on onshore properties located in
central and southern Louisiana and southeastern Texas where it has
a long history of drilling, developing and producing both oil and
natural gas assets.  More recently, the Company has begun acquiring
acreage in Yoakum County, Texas, with plans to explore and develop
oil and natural gas assets in the Permian Basin.  The Company has
operated positions in Kern County, California, and non-operated
positions in the East Texas Woodbine and the Bakken Shale in North
Dakota.  Its common stock is listed on the NYSE American under the
trading symbol "YUMA."

Yuma incurred a net loss attributable to common stockholders of
$6.80 million in 2017 following a net loss attributable to common
stockholders of $42.65 million in 2016.  As of June 30, 2018, the
Company had $89.70 million in total assets, $48.25 million in total
current liabilities, $11.69 million in total other non-current
liabilities and $29.75 million in total equity.


ZACKY & SONS: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Zacky & Sons Poultry, LLC
          dba Zacky Farms
          dba Zacky
        13200 Crossroads Pkwy North, Suite 250
        City of Industry, CA 91746

Business Description: Zacky & Sons Poultry, LLC --
                      http://zackyfarms.com-- is a grower,
                      processor, distributor, and wholesaler of
                      poultry products.  It offers turkey and
                      chicken products such as sausages, franks,
                      and sliced meat.

Chapter 11 Petition Date: November 13, 2018

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Case No.: 18-23361

Judge: Hon. Robert N. Kwan

Debtor's Counsel: Todd M. Arnold, Esq.
                  LEVENE, NEALE, BENDER, YOO & BRILL L.L.P
                  10250 Constellation Blvd Ste 1700
                  Los Angeles, CA 90067
                  Tel: (310) 229-1234
                  Fax: (310) 229-1244
                  E-mail: tma@lnbyb.com

                    - and -

                  Ron Bender, Esq.
                  LEVENE, NEALE, BENDER, YOO & BRILL L.L.P
                  10250 Constellation Blvd Ste 1700
                  Los Angeles, CA 90067
                  Tel: 310-229-1234
                  E-mail: rb@lnbyb.com

                   - and -

                  Juliet Y. Oh, Esq.
                  LEVENE, NEALE, BENDER, YOO & BRILL L.L.P
                  10250 Constellation Blvd Ste 1700
                  Los Angeles, CA 90067
                  Tel: 310-229-1234
                  E-mail: jyo@lnbrb.com

Estimated Assets: $50 million to $100 million

Estimated Liabilities: $50 million to $100 million

The petition was signed by Lillian Zacky, managing member.

A full-text copy of the petition is available for free at:

          http://bankrupt.com/misc/cacb18-23361.pdf

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Western Milling                                         $8,300,000
31120 Nutmeg Road
31120 West Street
Goshen, CA 93227

Cuddy Farms Inc.                                        $1,279,500
28429 Center Rd.
RR#5
Canada N7G3H6
Strathroy, Ontraio CD

Packers Sanitation Services Inc.                          $560,099
P.O. Box 340
Kieler, WI 53812

Cascade Specialty PR Group                                $478,129
Kingsey Falls
404
Marie-Victorin
Quebec-Canada

Jennie-O Turkey Stor                                      $368,087
2505 Willmar Ave
SO/West
Wilmar, MN 56201

Cargill Meat Solutio                                      $275,004
151 N. Main Street
Wichita, KS 67202

Dreisbach Enterprise                                      $218,838

Viscofan USA, Inc.                                        $205,796

Chemstation                                               $195,325

Associated Feed & SU                                      $174,710

Central Valley Trail                                      $156,339

American Surveying & Mapping, Inc.                        $148,400

Shell Energy North America US LP                          $142,822

JCF Farm Labor Contractor                                 $135,780

Veritiv Corp                                              $125,994

CES Cleaning Cntrctr                                      $118,650

KTEC, Inc.                                                $117,540

Gene Hull Trucking                                        $110,142

Elite Supply Source                                       $109,720

Pacific Gas & Electric                                     $97,324


[*] Jim Franks Joins FTI Consulting's EPP Practice in Dallas
------------------------------------------------------------
FTI Consulting, Inc. on Nov. 12, 2018, disclosed that Jim Franks
has joined the firm's Energy, Power & Products ("EPP") practice as
a Senior Managing Director.  Based in Dallas, Mr. Franks will lead
Business Transformation efforts for the EPP practice and work
closely with Houston-based Managing Director and performance
improvement expert Stephen Hamilton, hired earlier this year.

Mr. Franks has over 25 years of experience providing operational,
financial and business process transformation services to global
energy companies.  He has deep industry experience in oil and gas
and utilities and has worked extensively in the North American,
European and Middle Eastern markets.  Mr. Franks' specific areas of
expertise include capital budgeting procure-to-pay, materials and
production planning, logistics operations, distribution operations,
demand management, strategic sourcing, supplier management and
digital procurement.  He has served in many interim management
positions, including Chief Administrative Officer, Chief
Procurement Officer and Chief of Supply Chain.

"More than ever, energy companies are facing complex challenges
that require multidisciplinary transformative solutions," said
Albert Conly, a Senior Managing Director and Leader of the EPP
practice at FTI Consulting.  "Jim brings extensive leadership
experience, a global perspective and a track record of success
delivering solutions across the business cycle.  His expertise
coupled with his deep industry knowledge will further enhance our
ability to unlock value for clients across the energy sector."

Prior to joining FTI Consulting, Mr. Franks was a Principal at EY,
where he served as the Americas Oil & Gas Lead.  Before that, he
was a Partner at Accenture. Mr. Franks is a member of the
Association of Supply Chain Management and the Institute of Supply
Chain Management.

"FTI Consulting's unique position in the marketplace is very
attractive to me, and the opportunity to join its global network of
business transformation experts is incredibly exciting,"
Mr. Franks said.  "I look forward to collaborating with the team to
deliver innovative and transformative solutions to energy clients
worldwide."

The addition of Mr. Franks builds on the growth and expansion of
FTI Consulting's Business Transformation practice, which unites
more than 600 professionals from across the firm.  These dedicated
experts focus on five major areas of the enterprise -- people,
revenue growth, operations, transactions and finance -- and deliver
solutions across the value chain, supporting transactions, driving
revenue growth, reducing operating and supply chain costs,
optimizing people and transforming finance functions and
processes.

                      About FTI Consulting

FTI Consulting, Inc. (NYSE: FCN) -- http://www.fticonsulting.com/
-- is a global business advisory firm dedicated to helping
organizations manage change, mitigate risk and resolve disputes:
financial, legal, operational, political & regulatory, reputational
and transactional.  With more than 4,600 employees located in 28
countries, FTI Consulting professionals work closely with clients
to anticipate, illuminate and overcome complex business challenges
and make the most of opportunities.  The Company generated $1.81
billion in revenues during fiscal year 2017.


                            *********

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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2018.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000.

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