EX-3
from 8-K
1 page
Estimated Recoveries to Classes Under the Plan Cash on Hand -- 10/10/03 $ 3,908,000 Additional Collections: Preference Recoveries 500,000 US Bank Holdback 1,050,000 US Bank Claims Unknown Iac/Gmac Lien Avoidance 50,000 Liquidation of Physical Assets 700,000 Collection of Tax and Other Receivables 550,000 Total Additional Collections 2,850,000 Total Cash for Distributions $ 6,758,000 Distributions To: Secured Bridge Lenders, Per Settlement $ 1,200,000 Pfc/Security Fees; Estimated Settlement 860,000 Class 1 Claims, Including on Going Administration Costs 1,200,000 Class 2 Claims 530,000 Class 3 Claims --- Class 4 Claims 1,622,500 Class 5 Claims 60,000 Class 6 Claims 240,000 Class 7 Claims 605,000 Class 8 Claims 440,500 Class 9 Claims --- Total Distributions $ 7,048,000
12/34/56
