TCR_Public/080517.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

             Saturday, May 17, 2008, Vol. 12, No. 116

                             Headlines

AMERICAN HOME: AHMHI Files February 2008 Operating Report
AMERICAN HOME: AHMV Files February 2008 Operating Report
AMERICAN HOME: Great Oak Files February 2008 Operating Report
AMERICAN HOME: Homegate Files February 2008 Operating Report
AMP'D MOBILE: Posts August 2007 Income of $2,818,766

AMP'D MOBILE: Posts September 2007 Income of $7,399,850
BUFFETS HOLDINGS: Hometown Leasing's Schedules of Assets & Debts
BUFFETS HOLDINGS: OCB Leasing Files Schedules of Assets and Debts
BUFFETS HOLDINGS: Tahoe Joe's Files Schedules of Assets and Debts
BUFFETS HOLDINGS: Tahoe Joe's Leasing Files Schedules

DELPHI CORP: Incurs $426 Mil. Net Loss in February and March 2008
DUNMORE HOMES: Files Amended Schedules of Assets and Liabilities
DURA AUTOMOTIVE: Posts $10,729,000 Net Loss in March 2008
FORTUNOFF: Files Operating Report for Month Ended March 7, 2008
INTERSTATE BAKERIES: Posts $12.2 Mil. Loss in Month Ended March 8

LEVITT AND SONS: Submits March 2008 Monthly Operating Report
MOVIE GALLERY: Has $49,817,000 Net Loss for Period Ended April 6
PLASTECH ENGINEERED: Files Schedules of Assets & Debts
PLASTECH ENGINEERED: Exterior Files Schedules of Assets and Debts
PLASTECH ENGINEERED: Frenchtown Files Schedules of Assets & Debts

PLASTECH ENGINEERED: LDM Unit Files Schedules of Assets and Debts
PLASTECH ENGINEERED: Romulus Files Schedules of Assets and Debts
SEA CONTAINERS: Posts $12,429,636 After-Tax Loss in March 2008
SEA CONTAINERS: SeaCon Services Files March 2008 Operating Report
SHARPER IMAGE: Incurs $2,099,392 Net Loss in February 2008

SHARPER IMAGE: Incurs $4,091,912 Net Loss in March 2008
VESTA INSURANCE: Florida Select Files March 2008 Operating Report
WELLMAN INC: Posts $15,300,000 Net Loss in February 2008
WELLMAN INC: Posts $2,400,000 Net Loss in March 2008

                             *********

AMERICAN HOME: AHMHI Files February 2008 Operating Report
---------------------------------------------------------
American Home Mortgage Holdings Inc., debtor-affiliate of American
Home Mortgage Investment Corp. submitted its monthly operating
report for February 2008.

              American Home Mortgage Holdings, Inc.
                Statement of Financial Condition
                     As of February 29, 2008

Assets:
   Cash and cash equivalents                              $1,000
   Accounts receivable                                   134,546
   Intercompany receivable                           133,036,104
   Investment in subsidiaries                       (519,293,834)
   Other assets                                                -
                                                    ------------
      Total Assets                                 ($386,122,184)
                                                    ============

Liabilities and Stockholders' Equity

   Liabilities:
      Junior subordinated note                      $304,214,000
      Accrued expenses & other liabilities             4,733,871
      Intercompany payable                                     2
                                                    ------------
         Total Liabilities                           308,947,873

   Stockholders' Equity
      Additional paid-in capital                      94,597,810
      Retained earnings                             (789,667,867)
                                                    ------------
         Total Stockholders' Equity                 (695,070,057)
                                                    ------------
Total Liabilities & Stockholders' Equity           ($386,122,184)
                                                    ============

American Home Mortgage Holdings, Inc., discloses that its cash as
of Feb. 1, 2008, was $1,000.  Since there were no cash receipts
and disbursements for February, AHM Holdings' cash at the end of
the month is $1,000.

                        About American Home

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage  
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors. Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent. The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

The U.S. Bankruptcy Court for the District of Delaware extended
the exclusive periods for American Home Mortgage Investors Corp.
and its debtor-affiliates to file a plan of reorganization through
June 2, 2008; and solicit and obtain acceptances for that plan
through July 31, 2008.

(American Home Bankruptcy News, Issue No. 35; Bankruptcy
Creditors' Service, Inc., Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


AMERICAN HOME: AHMV Files February 2008 Operating Report
--------------------------------------------------------
American Home Mortgage Ventures LLC, debtor-affiliate of American
Home Mortgage Investment Corp. submitted its monthly operating
report for February 2008.

              American Home Mortgage Ventures, LLC
                Statement of Financial Condition
                     As of February 29, 2008

Assets:
   Cash and cash equivalents                            $613,049
   Intercompany receivable                                     -
   Premises and equipment, net                             2,200
   Other assets                                                -
                                                    ------------
      Total Assets                                      $615,249
                                                    ============

Liabilities and Stockholders' Equity

   Liabilities:
      Accrued expenses & other liabilities                 ($568)
      Intercompany payable                               157,007
                                                    ------------
         Total Liabilities                               156,439

   Stockholders' Equity
      Additional paid-in capital                         395,500
      Retained earnings                                   63,310
                                                    ------------
         Total Stockholders' Equity                      458,810
                                                    ------------
Total Liabilities & Stockholders' Equity                $615,249
                                                    ============

              American Home Mortgage Ventures, LLC
                       Statement of Income
                  Month Ended February 29, 2008

Non Interest Income:
   Fee income                                             $1,125
                                                    ------------
      Non-interest income                                  1,125

Expenses
   Salaries, commissions & benefits, net                       1
   Occupancy and equipment                                   233
   Data processing and communications                         92
   Marketing and promotion                                   250
   Travel and entertainment                                   (1)
   Professional fees                                         500
   Other                                                  14,921
                                                    ------------
      Total expenses                                      15,996

Loss before income taxes                                 (14,871)
Income taxes                                                   -
                                                    ------------
Net loss                                                ($14,871)
                                                    ============

American Home Mortgage Ventures, LLC, discloses that its cash as
of February 1, 2008, was $613,049.  Since there was no cash
receipts and disbursements for February, AHM Ventures' cash at
the end of the month is still $613,049.

                        About American Home

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage  
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors. Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent. The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

The U.S. Bankruptcy Court for the District of Delaware extended
the exclusive periods for American Home Mortgage Investors Corp.
and its debtor-affiliates to file a plan of reorganization through
June 2, 2008; and solicit and obtain acceptances for that plan
through July 31, 2008.

(American Home Bankruptcy News, Issue No. 35; Bankruptcy
Creditors' Service, Inc., Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


AMERICAN HOME: Great Oak Files February 2008 Operating Report
-------------------------------------------------------------
Great Oak Abstract Corp., debtor-affiliate of American Home
Mortgage Investment Corp. submitted its monthly operating report
for February 2008.

                    Great Oak Abstract Corp.
                Statement of Financial Condition
                     As of February 29, 2008

Assets:
   Cash and cash equivalents                            $380,941
   Accounts receivable                                    36,615
   Intercompany receivable                               693,132
   Premises and equipment, net                             5,339
   Other assets                                          104,800
                                                    ------------
      Total Assets                                    $1,220,827
                                                    ============

Liabilities and Stockholders' Equity

   Liabilities:
      Accrued expenses & other liabilities               $76,743
                                                    ------------
         Total Liabilities                                76,743

   Stockholders' Equity
      Additional paid-in capital                          95,520
      Retained earnings                                1,048,564
                                                    ------------
         Total Stockholders' Equity                    1,144,084
                                                    ------------
Total Liabilities & Stockholders' Equity              $1,220,827
                                                    ============

Great Oak Abstract Corp. reports that its cash at the start of
February was $287,809.  Since there was no transaction for the
whole month, its cash is still $287,809 as of February 29, 2008.

Great Oak's Monthly Operating Report reflected Parent-Only
Statement of Income, which disclosed zero amounts.

                        About American Home

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage  
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors. Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent. The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

The U.S. Bankruptcy Court for the District of Delaware extended
the exclusive periods for American Home Mortgage Investors Corp.
and its debtor-affiliates to file a plan of reorganization through
June 2, 2008; and solicit and obtain acceptances for that plan
through July 31, 2008.

(American Home Bankruptcy News, Issue No. 35; Bankruptcy
Creditors' Service, Inc., Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


AMERICAN HOME: Homegate Files February 2008 Operating Report
------------------------------------------------------------
Homegate Settlement Services Inc., debtor-affiliate of American
Home Mortgage Investment Corp. submitted its monthly operating
report for February 2008.

               Homegate Settlement Services, Inc.
                Statement of Financial Condition
                     As of February 29, 2008

Assets:
   Cash and cash equivalents                            $209,659
   Restricted cash                                             -
   Intercompany receivable                                     -
   Premises and equipment, net                           233,715
   Other assets                                                -
                                                    ------------
      Total Assets                                      $443,374
                                                    ============

Liabilities and Stockholders' Equity

   Liabilities:
      Accrued expenses & other liabilities            $2,552,889
      Intercompany payable                             9,027,111
      Income taxes payable                                 3,671
                                                    ------------
         Total Liabilities                            11,583,671

   Stockholders' Equity
      Additional paid-in capital                         250,000
      Retained earnings                              (11,390,297)
                                                    ------------
         Total Stockholders' Equity                  (11,140,297)
                                                    ------------
Total Liabilities & Stockholders' Equity                $443,374
                                                    ============

               Homegate Settlement Services, Inc.
                       Statement of Income
                  Month Ended February 29, 2008

Non-interest income:
   Tax service income (fees)                                   -
                                                    ------------
      Non-interest income                                      0

Expenses:
   Salaries, commissions and benefits, net                     -
   Data processing and communications                          -
   Marketing and promotion                                     -
   Professional fees                                        $500
   Other                                                       -
                                                    ------------
      Total expenses                                         500

Income (Loss) before income taxes                           (500)
Income taxes                                                   -
                                                    ------------
Net loss                                                   ($500)
                                                    ============

Homegate Settlement Services, Inc., discloses that its cash as of
Feb. 1, 2008, was $234,599.  Since it transferred $24,940 to DIP
accounts, Homegate Settlement's cash at the end of the month was
$209,659.

                        About American Home

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage  
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors. Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent. The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

The U.S. Bankruptcy Court for the District of Delaware extended
the exclusive periods for American Home Mortgage Investors Corp.
and its debtor-affiliates to file a plan of reorganization through
June 2, 2008; and solicit and obtain acceptances for that plan
through July 31, 2008.

(American Home Bankruptcy News, Issue No. 35; Bankruptcy
Creditors' Service, Inc., Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


AMP'D MOBILE: Posts August 2007 Income of $2,818,766
----------------------------------------------------

                         Amp'd Mobile Inc.
                          Balance Sheet
                        At August 31, 2007

Assets
  Current Assets
   Cash
     Bank of America                                    $41,921
     Silicon Valley Bank                               (254,570)
     Merchant Account                                         0
     Bank Account (Retail)                              168,047
     Merchant Account (Retail)                                0
     Petty Cash                                             544
     SVB Regulatory Tax Filing                          (13,226)
     SVB Tax Account                                  1,680,733
     Wells Fargo  General                                35,374
                                                    -----------
   Total Cash                                         1,658,822


   Total Short Term Investment                        1,854,531

   Accounts Receivable
    Accounts Receivable                             152,452,527
    AR Subscriber                                             0
    AR Retail                                        11,517,340
    AR Retail Netting Clearing                          (13,130)
    AR Other                                            184,130
    AR Rebates                                           95,509
    AR MTV Equity                                             0
                                                    -----------
   Total Accounts Receivable                        164,236,376

  Total Bad Debt Subscriber                        (117,230,583)
  Total AR Return Reserve                           (16,949,651)

  Inventory
   Inventory - Handset                                3,468,605
   Inventory  Accessories                             2,513,580
   Match not received                                 1,738,169
                                                    -----------
   Total Inventory                                    7,720,353

   Total Inventory Return Reserve                    16,949,651

  Other Current Assets
   Due from Stockholders                                 88,000
   Deposit                                            1,203,246
   Employee Advances                                          0
   Prepaid                                            5,184,166
   Prepaid MTV Funds Series                           3,050,000
                                                    -----------
   Total Other Current Assets                         9,525,412
                                                    -----------
  Total Current Assets                               67,764,912
  
  Long Term Assets
   Net Fixed Assets
    Leasehold Improvements                              831,655
    Automobile                                          473,788
    Office Equipment & Furniture                      1,260,702
    Software                                          4,068,225
    Computer Equipment                                2,588,528
    Construction in Progress                            926,541
    Accumulated Depreciation                                  0
    A/D Leasehold                                      (607,581)
    A/D Automobile                                     (258,680)
    A/D Office Equip & Furniture                       (691,047)
    A/D Software                                     (1,476,985)
    A/D Computer Equipment                             (674,559)
                                                    -----------
   Total Net Fixed Assets                             6,440,586

  Investments
   Investments                                          336,285
   Investment: Ninja Mobile                             319,222
                                                    -----------
   Total Long Term Investments                          655,508

  Total Long Term Assets                              7,096,094
                                                    -----------
Total Assets                                        $74,861,005
                                                    ===========

Liabilities
  Current Liabilities
  Accounts Payable
   AP Trade                                        ($10,310,825)
   Prepetition Liabilities - Priority               (12,711,021)
   Prepetition Liabilities - Secured                (29,832,503)
   Prepetition Liabilities - Unsecured             (172,485,728)
   Prepetition Liabilities Unsecured                 11,441,607
                                                    -----------
   Total Accounts Payable                          (213,898,470)

  Accrued Liabilities
   AP Accrual                                          (866,417)
   Athelete Accrual                                     (45,375)
   Rebates Payable                                     (152,266)
   Handset Insurance Payable                           (274,637)
   Handset Insurance RMA Payable                            214
   Vacation Accrual                                           0
   401K Liability                                        37,721
   Deferred Revenue                                    (609,830)
   AP MTV Equity                                              0
                                                    -----------
   Total Accrued Liabilities                         (1,910,589)

   Total Intercompany Payables                          425,000
   Total Taxes Payable                               (3,251,274)
                                                    -----------
   Total Current Liabilities                       (218,635,333)

   Long Term Liabilities                                      0

   Total Other Liabilities                              (74,219)
                                                    -----------
   Total Liabilities                               (218,709,552)

  Equity
   Stock
    Preferred Stock Series A                        (13,593,184)
    Preferred Stock Series B                        (13,962,870)
    Preferred Stock Series C                        (28,940,172)
    Common Stock                                      1,148,809
                                                    -----------
   Total Stock                                      (55,347,417)

  Other Equity
   Equity                                          (255,091,658)
   Equity MTV                                       (24,474,886)
   Prepetition Equity                               475,158,932
   Additional Paid in Capital                        (1,699,052)
   Dividends                                           (832,347)
   Opening Balance Equity                            (1,193,025)
   Undistributed Retained Bar                         7,327,998
                                                    -----------
   Total Other Equity                               199,195,963
                                                    -----------
   Total Equity                                     143,848,546
                                                    -----------
Total Liabilities and Equity                       ($74,861,006)
                                                    ===========

                        Amp'd Mobile, Inc.
                     Statement of Operations
                   Month Ended August 30, 2007

Revenue
   Postpaid Voice Revenue
     Revenue                                                 $0
     Airtime-Postpaid                                   649,459
     Voice Customer Credits                              80,900
     PTT - Postpaid                                           0
     Customer Credits                                      (150)
                                                    -----------
   Total Postpaid Voice Revenue                         730,209

   Total Prepaid Voice Revenue                                0

   Total Postpaid Content                                25,885
   Total Prepaid Content                                      0
   Total Post Paid Data                                       0
   Total Activation Fees                                 (2,031)

   Handset
     Handset -Postpaid                                     (510)
     Handset -Prepaid                                         0
     Hardware - Customer Credit                             349
     Handset Subsidy                                          0
     Revenue Return Reserve                                   0
                                                    -----------
  Total Handset                                            (161)

  Total Accessories                                           0
  Total Other Revenue (Rebate)                                0
                                                    -----------
     Total Sales                                        753,903

Cost of Sales
   Voice                                                 26,574
   Content                                               46,721
   Data                                                       0
   Handset                                                    0
   Accessories                                                0
   Retail Distribution                                        0
   Billing Expense                                      480,414
   Logistics                                              4,579
   Bad Debt                                                   0
   Finance Charges

     Collections Commissions                                  0
     Bank Service Charges                                17,489
     Lockbox fees                                             0
     Merchant Service fee                                     0
     Credit Check Fees                                   11,663
   Other                                                 
     COS Prepaid                                              0
     Fraud                                                    0
     Taxes, Surcharges, Other                                 0
                                                    -----------
   Total Cost of Sales                                  587,440

Gross Margin                                          1,341,343

  Operating Expenses
     Salaries                                           251,587
     Bonus                                                8,333
     Other Benefits                                     120,660
     Consulting Expenses                                 (3,139)
     Media and Promo                                     21,035
     Retail Marketing                                         0
     Production Development
         Network Integration                           (205,300)
         Billing Enhancements                                 0
         Prod Dev. Live Events                           81,564
     Insurance, Taxes & Fees                                  0
     Office Equipment                                   210,345
     Office Supply                                          496
     Professional Fee
         Legal                                          718,670
         Other                                           15,250
         Development                                          0
     Customer Care                                            0
     Telecommunications                                  96,459
     Travel and Entertainment                             4,015
     Miscellaneous                                       (6,903)
     Rent & Utility                                     177,964
     Amortization                                             0
     Depreciation Expense                                     0
     Other Income/ Expense                                    0
     Interest Income                                    (13,612)
     Income Expense Taxes                                     0
                                                    -----------
   Total Operating Expenses                           1,477,423
                                                    -----------
Total Net Income                                     $2,818,766
                                                    ===========

                        About Amp'd Mobile

Headquartered in Los Angeles, California, Amp'd Mobile Inc. aka
Amp'D Mobile LLC -- http://www.ampd.com/-- is a mobile virtual   
network operator that provides voice, text and entertainment
content to subscribers who contract for cellular telephone
service. The company filed for chapter 11 protection on June 1,
2007 (Bankr. D. Del. Case No. 07-10739). Steven M. Yoder, Esq.,
Eric M. Sutty, Esq. and Mary E. Augustine, Esq. at The Bayard
Firm, represent the Debtor in its restructuring efforts.  
Attorneys at Otterbourg, Steindler, Houston & Rosen, P.C. and
Klehr, Harrison, Harvey, Branzburg & Ellers, LLP, represent the
Official Committee of Unsecured Creditors.  In its schedules filed
with the Court, the Debtor listed total assets of $47,603,629 and
total debts of $164, 569,842.  The Debtor's exclusive period to
file a plan expired on Sept. 29, 2007.  The Debtor is in the
process of selling various assets. (Amp'd Mobile Bankruptcy News,
Issue No. 25; Bankruptcy Creditors' Services Inc.
http://bankrupt.com/newsstand/or 215/945-7000).


AMP'D MOBILE: Posts September 2007 Income of $7,399,850
-------------------------------------------------------

                         Amp'd Mobile Inc.
                          Balance Sheet
                       At September 30, 2007

Assets
  Current Assets
   Cash
    Bank of America                                     $41,184
    Silicon Valley Bank                                (213,539)
    Bank Account (Retail)                                  (738)
    Petty Cash                                                0
    SVB Regulatory Tax Filing                           (13,226)
    SVB - Tax Account                                 1,736,166
    Wells Fargo General                                  98,696
                                                    -----------
  Total Cash                                          1,648,542

   Total Short Term Investment                          438,804

   Accounts Receivable
    Accounts Receivable                             151,813,246
    AR Retail                                        11,517,340
    AR Retail Netting Clearing                          (13,130)
    AR Other                                            184,130
    AR Rebates                                           95,509
                                                    -----------
   Total Accounts Receivable                        163,597,095

   Total Bad Debt Reserve                          (117,230,584)
   Total AR Return Reserve                          (16,949,651)

  Inventory
   Inventory - Handset                                3,468,605
   Inventory - Accessories                            2,513,580
   Match not received                                 1,738,169
                                                    -----------
   Total Inventory                                    7,720,353

   Total Inventory Return Reserve                    16,949,651

  Other Current Assets
   Due from Stockholders                                 88,000
   Deposit                                            1,203,246
   Prepaid                                            5,184,167
   Prepaid MTV Funds Series D                         3,050,000
                                                    -----------
   Total Other Current Assets                         9,525,413
                                                    -----------
  Total Current Assets                               65,699,623

  Long Term Assets
   Net Fixed Assets                                           
    Leasehold Improvements                                    0
    Automobile                                          473,788
    Office Equipment & Furnitures                             0
    Software                                                  0
    Computer Equipment                                        0
    Construction in Progress                                  0
    A/D Leasehold                                             0
    A/D Automobile                                     (258,680)
    A/D Office Equip & Furniture                              0
    A/D Software                                              0
    A/D Computer Equipment                                    0
                                                    -----------
   Total Net Fixed Assets                               215,108

  Investments
   Investments                                          336,285
   Investment: Ninja Mobile                             319,222
                                                    -----------
   Total Long Term Investments                          655,508
                                                    -----------
Total Assets                                        $66,570,239
                                                    ===========

Liabilities
  Current Liabilities
  Accounts Payable
   AP Trade                                         (10,574,507)
   Prepetition Liabilities - Priority               (12,711,021)
  Prepetition Liabilities - Secured                 (29,067,339)
  Prepetition Liabilities - Unsecured              (172,485,728)
  Prepetition Payments  Unsecured                    11,479,328
                                                    -----------
   Total Accounts Payable                          (213,359,265)

  Accrued Liabilities
   AP Accrual                                          (628,141)
   Athelete Accrual                                     (45,375)
   Rebates Payable                                     (152,266)
   Handset Insurance Payable                           (123,479)
   Handset Insurance RMA Payable                            214
   401K Liability                                             0
   Deferred Revenue                                    (609,830)
                                                    -----------
   Total Accrued Liabilities                         (1,558,877)

   Total Intercompany Payables                          425,000
   Total Taxes Payable                               (3,251,274)
                                         
   Total Other Long Term Liabilities                    (74,219)

   Total Liabilities                               (217,818,635)

Equity
  Stock
   Preferred Stock Series A                         (13,593,184)
   Preferred Stock Series B                         (13,962,870)
   Preferred Stock Series C                         (28,940,172)
   Common Stock                                       1,148,809
                                                    -----------
   Total Stock                                      (55,347,417)

  Other Equity
   Equity                                          (255,091,658)
   Equity MTV                                       (24,474,886)
     Prepetition Equity                             475,158,933
   Additional Paid in Capital                        (1,699,052)
   Dividends                                           (832,347)
   Opening Balance Equity                            (1,193,025)
   Undistributed Retained Earnings                   14,727,849
                                                    -----------
   Total Equity                                     206,595,814
                                                    -----------
Total Liabilities and Equity                       ($66,570,239)
                                                    ===========
                  
                        Amp'd Mobile, Inc.
                     Statement of Operations
                   Month Ended September 30, 2007

Revenue
    Total Postpaid Voice Revenue                             $0
    Total Prepaid Voice Revenue                               0
    Total Post Paid Content                                   0
    Total Upfront Activation Fee                              0
    Total Handset                                             0
    Total Accessories                                         0
    Total Other Revenue                                       0
                                                    -----------
   Total Revenue                                              0

Cost of Sales
    Voice                                                     0
    Content                                                   0
    Handsets                                                  0
    Billing Expense                                      81,561
    Logistics                                                 0
    Other                                                     0
    Finance Charges                                       1,000
                                                    -----------
   Total Cost of Sales                                   82,562

Gross Margin                                             82,562

   Operating Expenses
     Salaries                                           119,109
     Bonus                                                    0
     Other Benefits                                           0
     Consultants & Temporary                             16,225
     Media & Promo                                        3,326
     Retail Marketing                                         0
     Production Development                                   0
     Insurance, Taxes & Fees                             73,185
     Office Equipment                                    26,591
     Office Supply                                            0
     Professional Fees
       Recruitment                                            0
       Accounting                                             0
       Content                                                0
       Marketing                                              0
       Finance                                                0
       IT Supplies                                            0
       Legal Fees                                       927,570
       Other                                                  0
       Development                                            0
     Customer Care                                       71,397
     Telecommunications                                  11,761
     Travel & Entertainment                               1,648
     Miscellaneous                                       10,312
     Rent & Utilities                                   146,112
     Amortization                                             0
     Depreciation Expense                                     0
     Other Income/Expense                             5,910,053
                                                    -----------
Total Operating Expenses                              7,317,289
                                                    -----------
Total Net Income                                     $7,399,850
                                                    ===========

                        About Amp'd Mobile

Headquartered in Los Angeles, California, Amp'd Mobile Inc. aka
Amp'D Mobile LLC -- http://www.ampd.com/-- is a mobile virtual   
network operator that provides voice, text and entertainment
content to subscribers who contract for cellular telephone
service. The company filed for chapter 11 protection on June 1,
2007 (Bankr. D. Del. Case No. 07-10739). Steven M. Yoder, Esq.,
Eric M. Sutty, Esq. and Mary E. Augustine, Esq. at The Bayard
Firm, represent the Debtor in its restructuring efforts.  
Attorneys at Otterbourg, Steindler, Houston & Rosen, P.C. and
Klehr, Harrison, Harvey, Branzburg & Ellers, LLP, represent the
Official Committee of Unsecured Creditors.  In its schedules filed
with the Court, the Debtor listed total assets of $47,603,629 and
total debts of $164, 569,842.  The Debtor's exclusive period to
file a plan expired on Sept. 29, 2007.  The Debtor is in the
process of selling various assets. (Amp'd Mobile Bankruptcy News,
Issue No. 25; Bankruptcy Creditors' Services Inc.
http://bankrupt.com/newsstand/or 215/945-7000).


BUFFETS HOLDINGS: Hometown Leasing's Schedules of Assets & Debts
----------------------------------------------------------------
Hometown Leasing Co., debtor-affiliate of Buffets Holdings Inc.
submitted to the United States Bankruptcy Court for the District
of Delaware its schedules of assets and liabilities, disclosing:
        
A.   Real Property                                           $0

B.   Personal Property
B.29 Equipment and Supplies for Business        
        Equipment Costs                               9,938,365
        Equipment Cost Clearing                         156,440
        Accumulated CIP Cost Clearing                   75,879
        Accumulated depreciation  equipment          (3,573,702)
B.35 Other Personal Property                    
        Leasehold costs                                   3,393
        Accumulated amortization                            (54)

        TOTAL SCHEDULED ASSETS                       $6,600,320
       ========================================================
                
C.   Property Claimed as Exempt                              $0

D.   Creditors Holding Secured Claims   
        Credit Suisse                               582,663,500

E.   Creditors Holding Unsecured Priority Claims              0

F.   Creditors Holding Unsecured Non-priority Claims
        Buffets, Inc.                                 1,033,016
        OCB Restaurant Company, LLC                      38,491

        TOTAL SCHEDULED LIABILITIES                $583,735,007
        =======================================================

Headquartered in Eagan, Minnesota, Buffets Holdings Inc. --
http://www.buffet.com/-- is the parent company of Buffets,
Inc., which operates 626 restaurants in 39 states, comprised of
615 steak-buffet restaurants and eleven Tahoe Joe's Famous
Steakhouse restaurants, and franchises sixteen steak-buffet
restaurants in six states.  The restaurants are principally
operated under the Old Country Buffet, HomeTown Buffet, Ryan's and
Fire Mountain brands.  Buffets, Inc. employs approximately 37,000
team members and serves approximately 200 million customers
annually.

The company and all of its subsidiaries filed Chapter 11
protection on Jan. 22, 2008 (Bankr. D. Del. Case Nos. 08-10141 to
08-10158).  Joseph M. Barry, Esq., and Pauline K. Morgan, Esq., at
Young Conaway Stargatt & Taylor LLP, represent the Debtors in
their restructuring efforts.  The Debtors selected Epiq Bankruptcy
Solutions LLC as claims and balloting agent.  The U.S Trustee for
Region 3 appointed seven creditors to serve on an Official
Committee of Unsecured Creditors.  The Committee selected
Otterbourg Steindler Houston & Rosen PC as counsel.  The Debtors'
balance sheet as of Sept. 19, 2007, showed total assets of
$963,538,000 and total liabilities of $1,156,262,000.

As reported in the Troubled Company Reporter on Feb. 26, 2008,
the Court granted on February 22, 2008, final approval of the
Debtors' debtor-in-possession credit facility, consisting of
$85 million of new funding and $200 million carried over from the
company's prepetition credit facility.  The Debtors exclusive plan
filing period expires on May 21, 2008.  (Buffets Holdings
Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


BUFFETS HOLDINGS: OCB Leasing Files Schedules of Assets and Debts
-----------------------------------------------------------------
OCB Leasing Co., debtor-affiliate of Buffets Holdings Inc.
submitted to the United States Bankruptcy Court for the District
of Delaware its schedules of assets and liabilities, disclosing:
  
A.   Real Property                                           $0
          
B.   Personal Property
B.29 Equipment and Supplies for Business                      0
      Equipment costs                                39,693,580    
      Equipment cost  clearing                          696,030   
      Equipment CIP cost  clearing                      948,526   
      Accumulated depreciation  equipment           (12,474,221)
B.35 Other Personal Property                    
      Leasehold cost  clearing                            4,634
      Accumulated amortization                             (870)
                
      TOTAL SCHEDULED ASSETS                        $28,867,679   
      =========================================================

C.   Property Claimed as Exempt                              $0

D.   Creditors Holding Secured Claims   
        Credit Suisse                               582,663,500

E.   Creditors Holding Unsecured Priority Claims              0

F.   Creditors Holding Unsecured Non-priority Claims    
        Accounts Payable  Buffets, Inc.               5,963,909
        OCB Restaurant Company, LLC                     227,905
        Tahoe Joe's Leasing Company                      59,890
       
      TOTAL SCHEDULED LIABILITIES                  $588,915,204
      =========================================================

Headquartered in Eagan, Minnesota, Buffets Holdings Inc. --
http://www.buffet.com/-- is the parent company of Buffets,
Inc., which operates 626 restaurants in 39 states, comprised of
615 steak-buffet restaurants and eleven Tahoe Joe's Famous
Steakhouse restaurants, and franchises sixteen steak-buffet
restaurants in six states.  The restaurants are principally
operated under the Old Country Buffet, HomeTown Buffet, Ryan's and
Fire Mountain brands.  Buffets, Inc. employs approximately 37,000
team members and serves approximately 200 million customers
annually.

The company and all of its subsidiaries filed Chapter 11
protection on Jan. 22, 2008 (Bankr. D. Del. Case Nos. 08-10141 to
08-10158).  Joseph M. Barry, Esq., and Pauline K. Morgan, Esq., at
Young Conaway Stargatt & Taylor LLP, represent the Debtors in
their restructuring efforts.  The Debtors selected Epiq Bankruptcy
Solutions LLC as claims and balloting agent.  The U.S Trustee for
Region 3 appointed seven creditors to serve on an Official
Committee of Unsecured Creditors.  The Committee selected
Otterbourg Steindler Houston & Rosen PC as counsel.  The Debtors'
balance sheet as of Sept. 19, 2007, showed total assets of
$963,538,000 and total liabilities of $1,156,262,000.

As reported in the Troubled Company Reporter on Feb. 26, 2008,
the Court granted on February 22, 2008, final approval of the
Debtors' debtor-in-possession credit facility, consisting of
$85 million of new funding and $200 million carried over from the
company's prepetition credit facility.  The Debtors exclusive plan
filing period expires on May 21, 2008.  (Buffets Holdings
Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


BUFFETS HOLDINGS: Tahoe Joe's Files Schedules of Assets and Debts
-----------------------------------------------------------------
Tahoe Joe's Inc., debtor-affiliate of Buffets Holdings Inc.
submitted to the United States Bankruptcy Court for the District
of Delaware its schedules of assets and liabilities, disclosing:

A.     Real Property                                         $0

B.     Personal Property
B.1    Cash on hand                                      28,300
B.2    Financial Accounts
          Wells Fargo Depository Account                126,833
B.3    Security Deposits                                  
          Prepaid rent deposits                           8,268
          Deposits                                          200
B.16   Accounts Receivable                                          
          Credit Card Receivables
             Visa sales                                 252,891
             Master Card sales                          116,042
             Discover sales                               7,701
             Amex sales                                  57,599
             Debit sales                                    463
          Accounts Receivables
             Restaurant level                            14,959
             Gift card                                   54,125
             Tour tickets                                 3,579
B.22   Intellectual Property                          4,089,744
B.23   Licenses and Other Intangibles               
          Leasehold interest                             64,193
          Liquor licenses                               426,805
          Goodwill                                      987,969
B.28   Office Equipment and Supplies
          Equipment                        
             HVAC                                       763,825
             Kitchen Equipment                          561,854
             Shelving                                   168,620
             Cabinet division bars                      122,929
          Leasehold
             Shell rough carpentry/lab                  754,722
             Overhead development                       697,341
             Building plumbing                          650,709
             Misc. general conditions                   647,695
             Building electrical                        510,955
             Finished carp labor                        433,004
             Building concrete                          382,520
             Architectural                              367,071
             Building masonry                           323,282
             Supervision                                285,508
             Tile                                       256,969
             Building/MPE permits                       220,781
             Site demo/excavation                       212,535
             Interior rough carp                        205,582
             Electrical engineering                     204,788
             Interior painting                          185,345
             Structural steel/bar                       170,788
             Doors frames hardware                      166,257
             Paving/striping & signage                  141,179
             Capitalized interest                       139,909
             Utilities/site electrical                  138,997
             Sprinkler System                           137,808
             Landlord contribution                      134,528
             Site concrete                              126,304
             Acoustical ceiling                         115,056
             Flat Roofing                               113,024
             Exterior painting                          108,724
             Metal studs & drywall                      107,511
             Others                                   2,752,820
B.30   Inventory                                                      
          Food                                          351,901
          Smallwares                                    492,156
B.35   Other Personal Property                              
          Prepayments
           Other-- sales-related professional fee       195,877
           Other -- THJ Corp.                            84,109
           Minimum rent                                  18,406
           Other -- restaurant level                     10,728
           LL CAM                                         3,856
           LL property tax escrow                         1,068
           LL insurance escrow                              417
           Car lease                                        209
           LL advertising escrow                             16
                                                
       TOTAL SCHEDULED ASSETS                       $19,707,355
       ========================================================

C.     Property Claimed as Exempt                            $0

D.     Creditors Holding Secured Claims
          Credit Suisse                             582,663,500

E.     Creditors Holding Unsecured Claims
          Active Employees as of Jan. 21, 2008                0
          Payroll Tax Authorities                             0
          Personal Property Tax                               0
          Sales and Use Tax                                   0

F.     Creditors Holding Unsecured NonPriority
        Claims                                        3,980,375
       See http://ResearchArchives.com/t/s?2bff
              
       TOTAL SCHEDULED LIABILITIES                 $586,643,875
       ========================================================

Headquartered in Eagan, Minnesota, Buffets Holdings Inc. --
http://www.buffet.com/-- is the parent company of Buffets,
Inc., which operates 626 restaurants in 39 states, comprised of
615 steak-buffet restaurants and eleven Tahoe Joe's Famous
Steakhouse restaurants, and franchises sixteen steak-buffet
restaurants in six states.  The restaurants are principally
operated under the Old Country Buffet, HomeTown Buffet, Ryan's and
Fire Mountain brands.  Buffets, Inc. employs approximately 37,000
team members and serves approximately 200 million customers
annually.

The company and all of its subsidiaries filed Chapter 11
protection on Jan. 22, 2008 (Bankr. D. Del. Case Nos. 08-10141 to
08-10158).  Joseph M. Barry, Esq., and Pauline K. Morgan, Esq., at
Young Conaway Stargatt & Taylor LLP, represent the Debtors in
their restructuring efforts.  The Debtors selected Epiq Bankruptcy
Solutions LLC as claims and balloting agent.  The U.S Trustee for
Region 3 appointed seven creditors to serve on an Official
Committee of Unsecured Creditors.  The Committee selected
Otterbourg Steindler Houston & Rosen PC as counsel.  The Debtors'
balance sheet as of Sept. 19, 2007, showed total assets of
$963,538,000 and total liabilities of $1,156,262,000.

As reported in the Troubled Company Reporter on Feb. 26, 2008,
the Court granted on February 22, 2008, final approval of the
Debtors' debtor-in-possession credit facility, consisting of
$85 million of new funding and $200 million carried over from the
company's prepetition credit facility.  The Debtors exclusive plan
filing period expires on May 21, 2008.  (Buffets Holdings
Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


BUFFETS HOLDINGS: Tahoe Joe's Leasing Files Schedules
-----------------------------------------------------
Tahoe Joe's Leasing Co., debtor-affiliate of Buffets Holdings Inc.
submitted to the United States Bankruptcy Court for the District
of Delaware its schedules of assets and liabilities, disclosing:

A.   Real Property                                           $0

B.   Personal Property  
B.29 Equipment and Supplies for Business       
        Equipment - booths                              105,265
        Equipment - signage                              54,671
        Equipment - lighting                             56,799
        Equipment - shelving                             73,839
        Equipment - table tops                           48,812
        Equipment - flurry unit                         160,009
        Equipment - water heater                         29,238
        Equipment - outdoor signs                        45,759
        Equipment - u2013 dish room equipment            39,011
        Equipment - water softener                       10,644
        Equipment - miscellaneous equipment, 3 yrs.      18,188
        Equipment - miscellaneous equipment, 5 yrs.      70,147
        Equipment - miscellaneous equipment, 10 yrs.    104,384
        Equipment - refrigerated unit                    66,426
        Equipment - computer and printer                 74,187
        Equipment - kitchen equipments, 5 yrs.           48,282
        Equipment - table bases & legs                   20,121
        Equipment - coolers or freezers                  44,738
        Equipment - dining room chairs                   55,807
        Equipment - kitchen equipments, 10 yrs.         725,316
        Equipment - cabinet division bars                29,845
        Equipment - artwork and decorative equipment     58,149
        Equipment - cash register and coin dispenser     82,232
        Equipment - music system or pagers               61,685
        Others                                           33,484

         TOTAL SCHEDULED ASSETS                      $2,117,038
         ======================================================

C.   Property Claimed as Exempt                              $0

D.   Creditors Holding Secured Claims   
        Credit Suisse, as administrative agent  
        to the Debtors' prepetition lenders          582,663,500

E.   Creditors Holding Unsecured Priority Claims              0
                
F.   Creditors Holding Unsecured Non-priority Claims    
        Buffets, Inc.                                   791,984
        Buffets Leasing Company, LLC                      1,389
        Tahoe Joe's, inc.                                 9,857

       TOTAL SCHEDULED LIABILITIES                 $582,663,500
       ========================================================

       *** Tahoe Joe's Leasing reports Total Scheduled
           Liabilities of $582,663,500.  However, the actual
           computation reflects Total Scheduled
           Liabilities of $583,466,730.

Headquartered in Eagan, Minnesota, Buffets Holdings Inc. --
http://www.buffet.com/-- is the parent company of Buffets,
Inc., which operates 626 restaurants in 39 states, comprised of
615 steak-buffet restaurants and eleven Tahoe Joe's Famous
Steakhouse restaurants, and franchises sixteen steak-buffet
restaurants in six states.  The restaurants are principally
operated under the Old Country Buffet, HomeTown Buffet, Ryan's and
Fire Mountain brands.  Buffets, Inc. employs approximately 37,000
team members and serves approximately 200 million customers
annually.

The company and all of its subsidiaries filed Chapter 11
protection on Jan. 22, 2008 (Bankr. D. Del. Case Nos. 08-10141 to
08-10158).  Joseph M. Barry, Esq., and Pauline K. Morgan, Esq., at
Young Conaway Stargatt & Taylor LLP, represent the Debtors in
their restructuring efforts.  The Debtors selected Epiq Bankruptcy
Solutions LLC as claims and balloting agent.  The U.S Trustee for
Region 3 appointed seven creditors to serve on an Official
Committee of Unsecured Creditors.  The Committee selected
Otterbourg Steindler Houston & Rosen PC as counsel.  The Debtors'
balance sheet as of Sept. 19, 2007, showed total assets of
$963,538,000 and total liabilities of $1,156,262,000.

As reported in the Troubled Company Reporter on Feb. 26, 2008,
the Court granted on February 22, 2008, final approval of the
Debtors' debtor-in-possession credit facility, consisting of
$85 million of new funding and $200 million carried over from the
company's prepetition credit facility.  The Debtors exclusive plan
filing period expires on May 21, 2008.  (Buffets Holdings
Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


DELPHI CORP: Incurs $426 Mil. Net Loss in February and March 2008
-----------------------------------------------------------------

                    Delphi Corporation, et al.
               Unaudited Consolidated Balance Sheet
                       As of March 31, 2008
                          (In Millions)

ASSETS
Current assets:
   Cash and cash equivalents                                $47
   Restricted cash                                          125
   Accounts receivable, net:
      General Motors and affiliates                         900
      Other third parties                                   708
      Non-Debtor affiliates                                 245
   Notes receivable from non-Debtor affiliates              449
   Inventories, net                                         795
   Other current assets                                     342
   Assets held for sale                                     422
                                                       --------
Total current assets                                      4,033

Long-term assets:
   Property, net                                          1,347
   Investments in affiliates                                329
   Investments in non-Debtor affiliates                   2,067
   Goodwill                                                 152
   Notes receivable from non-Debtor affiliates            1,172
   Other                                                    487
                                                       --------
Total long-term assets                                    5,554
                                                       --------
Total assets                                             $9,587
                                                       ========

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities not subject to compromise:
   Current portion of long-term debt                      3,231
   Accounts payable                                         898
   Accounts payable to non-Debtor affiliates                654
   Accrued liabilities                                    1,275
   Liabilities held for sale                                193
                                                       --------
Total current liabilities not subject to compromise       6,251
                                                       --------
Long-term liabilities not subject to compromise:
   Long-term debt                                            23       
   Employee benefit plan obligations and other              932
Liabilities subject to compromise                        16,441
                                                       --------
Total liabilities                                        23,647
                                                       --------

Stockholders' deficit:
Total stockholders' deficit                             (14,060)
                                                       --------
Total liabilities and stockholders' deficit              $9,587
                                                       ========

                    Delphi Corporation, et al.
          Unaudited Consolidated Statement of Operations
                 Two Months Ended March 31, 2008
                          (In Millions)

Net sales:
   General Motors and affiliates                           $774
   Other customers                                          714
   Non-Debtor affiliates                                     70
                                                       --------
Total net sales                                           1,558

Operating expenses:
   Cost of sales,                                         1,643
   U.S. employee workforce transition program
      charges                                                29
   Depreciation and amortization                             79
   Selling, general and administrative                      138
                                                       --------
Total operating expenses                                  1,889
                                                       --------

Operating loss                                             (331)
   Interest expense (contractual interest
      expense was $71 million and $111 million,
      respectively)                                         (52)
   Other income, net                                          2
   Reorganization items, net                                (89)
   Income tax expense                                        (3)
   Equity income from non-consolidated affiliates,
      net of tax                                              1
                                                       --------
Loss from continuing operations before
discontinued operations and equity income from
non-Debtor affiliates                                      (472)
                                                       --------

Loss from discontinued operations, net of tax               (60)
Equity income from non-Debtor affiliates,
net of tax                                                  106
                                                       --------
Net loss                                                  ($426)
                                                       ========

                    Delphi Corporation, et al.
          Unaudited Consolidated Statement of Cash Flows
                 Two Months Ended March 31, 2008
                          (In Millions)

Cash flows from operating activities:
   Net cash used in operating activities                  ($326)

Cash flows from investing activities:
   Capital expenditures                                     (79)
   Proceeds from sale of property                             8
   Proceeds from sale of business                            38
   Proceeds from notes receivable from non-debtor
      affiliates                                            100
   Other                                                     (6)
   Investing cash flows used in discontinued
      operations                                            (34)
                                                       --------
Net cash provided by investing activities                    27
                                                       --------
Cash flows from financing activities:
   Proceeds from debtor-in-possession credit
      facility                                              302
   Other                                                     (4)
                                                       --------
Net cash provided by financing activities                   298
                                                       --------
Decrease in cash and cash equivalents                        (1)
Cash and cash equivalents at beginning of period             48
                                                       --------
Cash and cash equivalents at end of period                  $47
                                                       ========

A full-text copy of Delphi's operating report for the two-months
ended March 31, 2008, is availability for free at:

      http://bankrupt.com/misc/Delphi_MOR_Mar2008.pdf

                        About Delphi Corp.

Based in Troy, Michigan, Delphi Corporation (PINKSHEETS: DPHIQ) --
http://www.delphi.com/-- is the single supplier of vehicle     
electronics, transportation components, integrated systems and
modules, and other electronic technology.  The company's
technology and products are present in more than 75 million
vehicles on the road worldwide.  Delphi has regional headquarters
in Japan, Brazil and France.

The company filed for Chapter 11 protection on Oct. 8, 2005
(Bankr. S.D.N.Y. Lead Case No. 05-44481).  John Wm. Butler Jr.,
Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden,
Arps, Slate, Meagher & Flom LLP, represent the Debtors in their
restructuring efforts.  Robert J. Rosenberg, Esq., Mitchell A.
Seider, Esq., and Mark A. Broude, Esq., at Latham & Watkins LLP,
represents the Official Committee of Unsecured Creditors.  As of
March 31, 2007, the Debtors' balance sheet showed $11,446,000,000
in total assets and $23,851,000,000 in total debts.

The Court approved Delphi's First Amended Joint Disclosure
Statement and related solicitation procedures for the solicitation
of votes on the First Amended Plan on Dec. 20, 2007.  The Court
confirmed the Debtors' First Amended Plan on Jan. 25, 2008.

(Delphi Bankruptcy News, Issue No. 127; Bankruptcy Creditors'
Service Inc., http://bankrupt.com/newsstand/or 215/945-7000)


DUNMORE HOMES: Files Amended Schedules of Assets and Liabilities
----------------------------------------------------------------
Dunmore Homes, Inc., delivered to the U.S. Bankruptcy Court for
the Eastern District of California an amended Schedule of Assets
and Liabilities.  Among others, the total amounts for the Debtor's
scheduled unsecured priority and unsecured non-priority claims
were modified:

  Schedule                       Original Amt.    Amended Amt.
  --------                       -------------    ------------
  E-Creditors Holding Unsecured       $208,154        $213,930
    Priority Claims

  F-Creditors Holding Unsecured   $239,367,507    $274,187,346
    Non-Priority Claims

The Amended Schedules also include specific notes in addition to
the general notes originally submitted and an additional portion
of Schedule F on intercompany transfers.

A full-text copy of the Amended Schedules is available for free at  
http://bankrupt.com/misc/AmendedScheds.pdf

                        About Dunmore Homes

Based in Granite Bay, California, Dunmore Homes Inc. is a
privately-owned homebuilder.  The company filed for Chapter 11
protection on Nov. 8, 2007 (Bankr. S.D.N.Y. Case No. 07-13533).  
Maria A. Bove, Esq., and Debra I. Grassgreen, Esq., at Pachulski
Stang Ziehl & Jones LLP, represent the Debtor in its restructuring
efforts.  The Official Committee of Unsecured Creditors has
selected Morrison & Foerster LLP as its counsel in this bankruptcy
proceeding.

In January 2008, the U.S. Bankruptcy Court for the Southern
District of New York ordered the transfer of Debtor's Chapter 11
case to the U.S. Bankruptcy Court for the Eastern District of
California, Sacramento Division.  

The Debtor disclosed $20,743,147 in total assets and $250,252,312
in total debts in its schedules of assets and liabilities filed
with the Court.  On April 22, 2008, the Debtor filed its amended
plan of liquidation, the confirmation hearing of which is still to
be set.  (Dunmore Bankruptcy News, Issue No. 15; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or  
215/945-7000).


DURA AUTOMOTIVE: Posts $10,729,000 Net Loss in March 2008
---------------------------------------------------------

         DURA Automotive Systems, Inc., and Subsidiaries
               Condensed Consolidated Balance Sheet
                      As of March 30, 2008
                   (In thousands of dollars)

                             ASSETS

Current assets:
  Cash and cash equivalents                             $6,050
  Accounts receivable, net
     Trade                                              99,437
     Other                                               6,809
     Non-Debtor subsidiaries                            33,551
  Inventories                                           46,302
  Other current assets                                  30,586
                                                    ----------
     Total current assets                              222,735
                                                    ----------

Property, plant and equipment, net                     123,395
Goodwill, net                                                -
Notes receivable from Non-Debtors subsidiaries         191,512
Investment in Non-Debtors subsidiaries                 790,647
Other noncurrent assets                                  7,715
                                                    ----------
Total Assets                                        $1,344,004
                                                    ==========

        LIABILITIES AND NET LIABILITIES IN LIQUIDATION

Current liabilities:
  Debtors-in-possession financing                     $175,890   
  Accounts payable                                      41,846
  Accounts payable to Non-Debtors subsidiaries           2,509
  Accrued Liabilities                                   75,016
                                                    ----------
     Total current liabilities                         295,261
                                                    ----------
Long-term Liabilities:
  Notes Payable to Non-Debtors subsidiaries             10,271
  Other noncurrent liabilities                          45,442
Liabilities Subject to Compromise                    1,309,940
                                                    ----------
Total Liabilities                                    1,660,914

Stockholders' Investment                              (316,910)
                                                    ----------
Total Liabilities and Stockholders' Investment      $1,344,004
                                                    ==========

         DURA Automotive Systems, Inc., and Subsidiaries
     Condensed Unaudited Consolidated Statement of Operations
             For the Five Weeks Ended March 30, 2008
                   (In thousands of dollars)

Total sales                                            $67,141
Cost of sales                                           61,756
                                                    ----------
Gross (loss) profit                                      5,385

Selling, general and administrative expenses             5,512
Facility consolidation, asset impairment                 
  and other charges                                        577   
Amortization expense                                        19
                                                    ----------
Operating (loss) income                                   (723)
Interest expense, net                                    4,545
                                                    ----------
Loss before reorganization items and income taxes       (5,268)
Reorganization items                                     5,226
                                                    ----------
Loss before income taxes                               (10,494)
Provision for income taxes                                 235
                                                    ----------
Loss from continuing operations                        (10,729)
Loss from discontinued operations                            -
                                                    ----------
Net Income (Loss)                                     ($10,729)
                                                    ==========

         DURA Automotive Systems, Inc., and Subsidiaries
   Condensed Unaudited Consolidated Statements of Cash Flows
             For the Five Weeks Ended March 30, 2008
                   (In thousands of dollars)

Operating Activities:
Net Income (loss)                                     ($10,729)
Adjustments to reconcile net loss to net cash used
  in operations activities:
     Depreciation, amortization & asset impairment       2,265
     Amortization of deferred financing fees               952
Facility consolidation and other charges                   577   
      (Gain)/Loss on sale of assets                        (18)
     Reorganization items                                5,226
Changes in other operating items:
  Accounts receivable                                    7,505
  Inventories                                           (1,331)
  Other current assets                                     269
  Noncurrent assets                                         59
  Accounts payable                                      (4,496)
  Accrued liabilities                                   (8,726)
  Noncurrent liabilities                                  (257)
  Current intercompany transactions                        716  
                                                    ----------
Net cash provided by operating activities               (7,988)

Investing Activities:
Purchases of property, plant & equipment                (1,279)
Proceeds from sale of business                           1,998
Proceeds from sales of assets                               23   
                                                    ----------
Net cash (used in) provided by
   investing activities                                    742

Financing Activities:
  DIP borrowings                                        10,222
  DIP Term repayments                                        -
  Debt issuance costs                                        -
                                                    ----------
Net cash used in financing activities                   10,222
Net Increase (Decrease) in Cash & Equivalents           (2,976)
Cash Flows from Discontinued Operations                      -

Cash & Cash Equivalent, Beginning Balance                3,074
                                                    ----------
Cash & Cash Equivalent, Ending Balance                  $6,050
                                                    ==========

                       About DURA Automotive

Rochester Hills, Mich.-based DURA Automotive Systems Inc. (Nasdaq:
DRRA) -- http://www.DURAauto.com/-- is an independent designer        
and manufacturer of driver control systems, seating control
systems, glass systems, engineered assemblies, structural door
modules and exterior trim systems for the global automotive
industry. The company is also a supplier of similar products to
the recreation vehicle and specialty vehicle industries. DURA
sells its automotive products to North American, Japanese and
European original equipment manufacturers and other automotive
suppliers.

The company has three locations in Asia -- China, Japan and Korea.
It has locations in Europe and Latin-America, particularly in
Mexico, Germany and the United Kingdom.

The Debtors filed for chapter 11 petition on Oct. 30, 2006,
(Bankr. D. Del. Case No. 06-11202). Marc Kieselstein, P.C., Esq.,
Roger James Higgins, Esq., and Ryan Blaine Bennett, Esq., at
Kirkland & Ellis LLP are lead counsels for the Debtors' bankruptcy
proceedings. Daniel J. DeFranseschi, Esq., and Jason M. Madron,
Esq., at Richards Layton & Finger, P.A. Attorneys are the Debtors'
co-counsels. Baker & McKenzie acts as the Debtors' special
counsel.  Togut, Segal & Segal LLP is the Debtors' conflicts
counsel.  Miller Buckfire & Co., LLC is the Debtors' investment
banker.  Glass & Associates Inc., gives financial advice to the
Debtor.  Kurtzman Carson Consultants LLC handles the notice,
claims and balloting for the Debtors and Brunswick Group LLC acts
as their Corporate Communications Consultants for the Debtors.

As of Jan. 31, 2008, the Debtor had $1,503,682,000 in total
assets and $1,623,632,000 in total liabilities.

On April 3, 2008, the Court approved the Debtors' revised
Disclosure Statement explaining their revised Chapter 11 plan of
reorganization.  

(Dura Automotive Bankruptcy News, Issue No. 54; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or   
215/945-7000).


FORTUNOFF: Files Operating Report for Month Ended March 7, 2008
---------------------------------------------------------------

                 Source Financing Corp./Fortunoff
                          Balance Sheet

                                       As Of        Petition Date
                                    March 7, 2008   or Scheduled
                                    -------------   ------------

                              ASSETS
Current assets:
Unrestricted cash & equivalents      $1,546,137      $1,384,000
Restricted Cash & Cash equivalents    2,600,000               -
Accounts receivable                   2,588,167       3,111,000
Inventories                                   -      95,568,000

Prepaid expenses                              -       3,612,000
Profesional Retainers                   255,267               -
Other current assets                     70,033       6,332,000
                                   ------------    ------------
Total current assets                                110,007,000

Property & Equipment:
Real property & improvements                  -               0
Machinery & equipment                         -       5,915,000
Furniture, fixtures, & office equip.          -      20,582,000
Leashehold improvements                       -      28,251,000
Vehicles                                      -               0
Less:  Accumulated depreciation               -     (18,292,000)
                                   ------------    ------------
Total Property & Equipment                    -      36,456,000

Other Assets:
Amounts due from insiders                     -               0
Other assets - utility deposit                -      86,179,000
                                   ------------    ------------
Total other assets                            -      86,179,000
                                   ------------    ------------
Total Assets                         $7,059,604    $232,642,000
                                   ============    ============

                   LIABILITIES & OWNERS' EQUITY

Liabilities Subject to Compromise
(Postpetition):
Accounts Payable                      1,901,983               -
Taxes Payable                                 -               -
Wages Payable                                 -               -
Notes Payable                                 -               -
Rent/Leases - Building Equipment         67,765               -  
Secured Debt                                  -               -
Professional Fees                     1,992,829               -
Amounts Due to Insiders                       -               -
Other Postpetition Liabilities          467,182               -
                                   ------------    ------------
Total Postpetition Liabilities        4,429,759               -

Liabilities Subject to Compromise
(Prepetition):
Secured debt (Term D Loan)           19,708,000     $88,565,000
Priority debt (20-day claims)         9,023,482       9,023,482
Unsecured debt                       96,354,055     183,346,518
                                   ------------    ------------
Total Prepetition Liabilities       125,085,537     280,935,000
                                   ------------    ------------
Total Liabilities                  $129,515,296    $280,935,000

Owners' Equity:
Capital stock                                        77,412,000
Retained earnings - prepetition                    (125,705,000)
Retained earnings - postpetition                              -
                                   ------------    ------------
Net Owners' Equity                                  (48,293,000)
                                   ------------    ------------
Total Liabilities & Owners Equity                  $232,642,000
                                   ============    ============

                 Source Financing Corp./Fortunoff
                     Statement of Operations
                   February 4 to March 7, 2008

Revenues:
Gross Revenues, net                                 $24,319,182

Cost of Goods Sold:
Beginning inventory                                  93,604,000
Purchases                                            11,000,000
Less:  Ending inventory                             (90,904,000)
                                                   ------------
Cost of goods sold                                   13,700,000

Gross profit                                         10,619,182

Operating Expenses:
Advertising                                               6,284
Bad debts                                                (8,019)
Employee benefits programs                              812,110
Officer/insider compensation                             93,750
Insurance                                               615,819
Office expense                                           24,318
Repairs & maintenance                                   102,656
Rent & lease expense                                     52,970
Salaries/commissions/fees                             6,113,247
Supplies                                                247,036
Taxes - payroll                                         476,460
Taxes - real estate                                       7,014
Travel & entertainment                                   29,205
Others                                                  407,985
                                                    -----------
Total operating expenses before depreciation          8,980,835
Depreciation/depletion/amortization                     900,000
                                                    -----------
Net profit before other income & expenses               738,347

Other Income & Expenses:
Other income                                            533,646
Interest expense                                       (321,828)
                                                    -----------
Net profit before reorganization items                  950,165

Reorganization Items:
Professional fees                                     2,125,994
U.S. Trustee quarterly fees                              20,000
                                                    -----------
Total reorganization expenses                         2,145,994

Net profit (loss)                                   ($1,195,829)
                                                    ===========

                 Source Financing Corp./Fortunoff
              Schedule of Cash Receipts & Disbursement
                   February 4 to March 7, 2008

Cash - beginning of month                              $779,738

Receipts:
Cash sales                                           26,605,016
Loans & advances                                         99,159
Others                                                  266,178
                                                    -----------
Total receipts                                       26,970,353

Disbursements:
Net payroll                                           5,644,900
Payroll taxes & 401k contributions                    2,910,386
Sales, use, & other taxes                             1,836,309
Inventory purchases                                  11,902,485
Insurance                                             1,016,819
Others                                                2,739,890
Professional fees                                       153,165
                                                    -----------
Total disbursements                                  26,203,954
                                                    -----------
Net cash flow                                           766,399
                                                    -----------
Cash - end of month                                  $1,546,137
                                                    ===========

Substantially all of the assets of Fortunoff Fine Jewelry and
Silverware, L.L.C., and its affiliates, were sold to NRDC Equity
Partners LLC's H Acquisition LLC, now known as Fortunoff Holdings
LLC, on March 7, 2008.

                         About Fortunoff

New York-based Fortunoff Fine Jewelry and Silverware LLC --
http://www.fortunoff.com/-- is a family owned business since     
1922 founded by by Max and Clara Fortunoff.  Fortunoff offers
customers fine jewelry and watches, antique jewelry and silver,
everything for the table, fine gifts, home furnishings including
bedroom and bath, fireplace furnishings, housewares, and seasonal
shops including outdoor furniture shop in summer and enchanting
Christmas Store in the winter.  It opened some 20 satellite
stores in the New Jersey, Long Island, Connecticut and
Pennsylvania markets featuring outdoor furniture and grills
during the Spring/Summer season and indoor furniture (and in some
locations Christmas trees and decor) in the Fall/Winter season.

Fortunoff and two affiliates, M. Fortunoff of Westbury LLC and
Source Financing Corp., filed for chapter 11 petition on Feb. 4,
2008 (Bankr. S.D.N.Y. Case Nos. 08-10353 through 08-10355) in
order to effectuate a sale to NRDC Equity Partners LLC, --
http://www.nrdcequity.com/-- a private equity firm that bought         
Lord & Taylor from Federated Department Stores.   

Due to the U.S. Trustee's objection, Fortunoff is backing out of
its request to employ Skadden Arps Meagher & Flom LLC, as
bankruptcy counsel.  Fortunoff is hiring Togut Segal & Segal LLP,
as their general bankruptcy counsel, but Skadden Arps will
continue to serve the Debtors as special counsel in connection
with the sale the Debtors' assets.  Logan & Company, Inc., serves
as the Debtors' claims, noticing, and balloting agent.  FTI
Consulting Inc. are the Debtors' proposed crisis manager.

An Official Committee of Unsecured Creditors has been appointed in
this case.

In their schedules, Fortunoff Fine Jewelry listed $5,052,315 total
assets and $136,626,948 total liabilities; Source Financing Corp.
listed $154,680,100 total assets and $176,961,631 total
liabilities; and M. Fortunoff of Westbury LLC listed $6,300,955
total assets and $119,985,788 total liabilities.  The Debtors'
exclusive period to file a plan of reorganization ends on June 3,
2008.  (Fortunoff Bankruptcy News, Issue No. 11; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or       
215/945-7000)


INTERSTATE BAKERIES: Posts $12.2 Mil. Loss in Month Ended March 8
-----------------------------------------------------------------

        Interstate Bakeries Corporation and Subsidiaries
         Unaudited Consolidated Monthly Operating Report
                Four Weeks Ended March 8, 2008

REVENUE

Gross Income                                        $211,573,405
Less Cost of Goods Sold
   Ingredients, Packaging & Outside Purchasing        56,285,284
   Direct & Indirect Labor                            35,251,350
   Overhead & Production Administration               11,104,740
                                                   -------------
      Total Cost of Goods Sold                       102,641,374
                                                   -------------
          Gross Profit                               108,932,031
                                                   -------------

OPERATING EXPENSES

Owner-Draws/Salaries                                           0
Selling & Delivery Employee Salaries                  49,452,715
Advertising and Marketing                                229,332
Insurance (Property, Casualty, & Medical)              9,866,928
Payroll Taxes                                          4,170,793
Lease and Rent                                         2,963,505
Telephone and Utilities                                1,667,991
Corporate Expense (Including Salaries)                   817,386
Other Expenses                                        31,347,608
                                                   -------------
     Total Operating Expenses                        100,516,258
                                                   -------------
EBITDA                                                 8,415,773

Restructuring & Reorganization Charges                 9,660,217
Depreciation and Amortization                          5,016,487
Abandonment                                            1,614,217
Property & Equipment Impairment                          423,210
Other (Income)/Expense                                   (84,004)
Gain/Loss Sale of Property                                     0
Interest Expense                                       3,096,651
                                                   -------------
     Operating Income (Loss)                         (11,311,005)
Income Tax Expense (Benefit)                             968,604
                                                   -------------
NET Income (Loss)                                   ($12,279,609)
                                                   =============

CURRENT ASSETS
   Accounts Receivable at end of period             $135,138,176
   Increase (Dec.) in Accounts Receivable              1,457,375
   Inventory at end of period                         57,556,349
   Increase (Decrease) in Inventory for period         3,809,110
   Cash at end of period                              22,951,905
   Increase (Decrease) in Cash for period             (9,284,692)
   Restricted Cash                                    21,968,348
   Increase (Dec.) in Restricted Cash for period       1,046,619

LIABILITIES
   Increase (Decrease) in Liabilities
      Not Subject to Compromise                       (2,027,801)
   Increase (Decrease) in Liabilities
      Subject to Compromise                            3,775,694
   Taxes payable:
      Federal Payroll Taxes                            4,734,925
      State/Local Payroll Taxes                        5,436,345
      State Sales Taxes                                  721,304
      Real Estate and Personal Property Taxes          6,464,276
      Other                                            3,941,533
                                                   -------------
      Total Taxes Payable                            $21,298,383
                                                   =============

                     About Interstate Bakeries

Headquartered in Kansas City, Missouri, Interstate Bakeries
Corporation is a wholesale baker and distributor of fresh-baked
bread and sweet goods, under various national brand names,
including Wonder(R), Baker's Inn(R), Merita(R), Hostess(R) and
Drake's(R).  Currently, IBC employs more than 25,000 people and
operates 45 bakeries, as well as approximately 800 distribution
centers and approximately 800 bakery outlets throughout the
country.

The company and eight of its subsidiaries and affiliates filed for
chapter 11 protection on Sept. 22, 2004 (Bankr. W.D. Mo. Case No.
04 45814).  J. Eric Ivester, Esq., and Samuel S. Ory, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $1,626,425,000 in
total assets and $1,321,713,000 (excluding the $100,000,000 issue
of 6% senior subordinated convertible notes due Aug. 15, 2014) in
total debts.  The Debtors' filed their Chapter 11 Plan and
Disclosure Statement on Nov. 5, 2007.  Their exclusive period to
file a chapter 11 plan expired on November 8.  On Jan. 25, 2008,
the Debtors filed their First Amended Plan and Disclosure
Statement.  On Jan. 30, 2008, the Debtors received Court approval
of the First Amended Disclosure Statement.

IBC confirmed that it has not received any qualifying alternative
proposals for funding its plan of reorganization in accordance
with the Court-approved alternative proposal procedures.  As a
result, no auction was held on Jan. 22, 2008, as would have been
required under those procedures.  The deadline for submission of
alternative proposals was Jan. 15, 2008.

(Interstate Bakeries Bankruptcy News, Issue No. 96; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or             
215/945-7000).


LEVITT AND SONS: Submits March 2008 Monthly Operating Report
------------------------------------------------------------

                      Levitt & Sons, LLC
            Monthly Financial Report for Business
              For the Period March 1 - 31, 2008


Cash, beginning of period                            $3,696,617

Receipts:
  Cash sales                                                  0
  Collection on postpetition A/R                              0
  Collection on prepetition A/R                               0
  Other receipts                                        172,217
                                                 --------------
Total receipts                                          172,217

Total cash available for operations                   3,868,834

Disbursements:
  U.S. Trustee quarterly fees                                 0
  Net payroll                                            50,162
  Payroll taxes paid                                     27,575
  Sales and use taxes                                         0
  Other taxes                                                 0
  Rent                                                        0
  Other leases                                                0
  Telephone                                                   0
  Utilities                                                 648
  Travel & entertainment                                      0
  Vehicle expenses                                            0
  Office supplies                                             0
  Advertising                                                 0
  Insurance                                                   0
  Purchases of fixed assets                                   0
  Purchases of inventory                                      0
  Manufacturing supplies                                      0
  Repairs & maintenance                                       0
  Payments to secured creditors                               0
  Other operating expenses                              268,282
                                                 --------------
Total cash disbursements                                346,667
                                                 --------------
Ending Cash Balance                                  $3,522,167
                                                 ==============

                      About Levitt and Sons

Based in Fort Lauderdale, Florida, Levitt and Sons LLC --
http://www.levittandsons.com/-- is the homebuilding subsidiary of
Levitt Corporation (NYSE:LEV).  Levitt Corp. --
http://www.levittcorporation.com/-- together with its
subsidiaries, operates as a homebuilding and real estate
development company in the southeastern United States.  The
company operates in two divisions, homebuilding and land.  The
homebuilding division primarily develops single and multi-family
homes for adults and families in Florida, Georgia, Tennessee, and
South Carolina.  The land division engages in the development of
master-planned communities in Florida and South Carolina.

Levitt and Sons LLC and 38 of its homebuilding affiliates filed
for Chapter 11 protection on Nov. 9, 2007 (Bankr. S.D. Fla. Lead
Case No. 07-19845).  Paul Singerman, Esq. and Jordi Guso, Esq., at
Berger Singerman, P.A., represent the Debtors in their
restructuring efforts.  The Debtors chose AP Services, LLC as
their crisis managers, and Kurtzman Carson Consultants, LLC as
their claims and noticing agent.  Levitt Corp., the parent
company, is not included in the bankruptcy filing.

The Debtors' latest consolidated financial condition as of
Sept. 30, 2007 reflect total assets of $900,392,000, and total
liabilities of $780,969,000.  (Levitt and Sons Bankruptcy News,
Issue No. 19; Bankruptcy Creditors' Service Inc.;
http://bankrupt.com/newsstand/or 215/945-7000)


MOVIE GALLERY: Has $49,817,000 Net Loss for Period Ended April 6
----------------------------------------------------------------

                     Movie Gallery, Inc.
             Unaudited Consolidated Balance Sheet
             (Excluding International Operations)
                     As Of April 6, 2008

ASSETS
Current Assets
  Cash & Cash Equivalents                            $69,348,000
  Merchandise Inventory                              157,270,000
  Prepaid Expenses                                    35,596,000
  Store Supplies and Other                            28,216,000
                                                 ---------------
     Total Current Assets                            290,430,000

Rental inventory, net                                205,193,000
Property, furnishings and equipment, net              92,112,000
Other intangibles, net                                19,947,000
Deferred income tax asset, net                         1,153,000
Deposits and other assets                             24,299,000
Investment in subsidiaries                            22,868,000
                                                 ---------------
     Total Assets                                   $656,002,000
                                                 ===============

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
  Current maturities of long-term obligations       $887,225,000
  Accounts payable                                    42,182,000
  Intercompany payable                                (9,748,000)
  Accrued liabilities                                 57,302,000
  Accrued payroll                                     21,378,000
  Accrued interest                                     7,479,000
  Deferred revenue                                    37,979,000
                                                 ---------------
     Total Current Liabilities                     1,043,797,000
Other Accrued Liabilities                             14,563,000
                                                 ---------------
     Total Liabilities Not Subject to Compromise   1,058,360,000

Liabilities Subject to Compromise
  Accounts payable                                    35,392,000
  Accrued liabilities                                 14,964,000
  Accrued utilities                                    4,234,000
  Accrued interest                                    16,410,000
  Long-term obligations                              314,100,000
  Lease liability on closed stores                   109,811,000
                                                 ---------------
     Total Liabilities Subject to Compromise         494,911,000
                                                 ---------------
     Total Liabilities                             1,553,271,000

Stockholders' Deficit
  Preferred stock, $0.10 par value; 2000 shares
    authorized, no shares or issues outstanding                0
  Common stock, $0.001 par value; 65,000 shares
    authorized, 32,282 shares issued
    and outstanding                                       32,000
  Additional paid-in capital                         200,477,000
  Accumulated deficit                             (1,105,150,000)
  Accumulated other comprehensive income               7,372,000
                                                 ---------------
     Total Stockholders' Deficit                    (897,269,000)
                                                 ---------------
     Total Liabilities and Stockholders' Deficit    $656,002,000
                                                 ===============

                     Movie Gallery, Inc.
        Unaudited Consolidated Statement of Operations
              (Excluding International Operations)
               For The Period Ended April 6, 2008

Revenue
  Rentals                                           $108,909,000
  Product Sales                                       42,652,000
                                                 ---------------
                                                     151,561,000

Cost of Sales
  Cost of rental revenues                             36,048,000
  Cost of product sales                               32,730,000
                                                 ---------------
                                                      68,778,000

Gross Profit                                          82,783,000

Operating Costs and Expenses
  Store operating expenses                           165,222,000
  General and administrative                          14,430,000
  Amortization of intangibles                            256,000
                                                 ---------------
                                                     179,908,000
                                                 ---------------
Operating Income (Loss)                              (97,125,000)

  Interest Expense, net                                7,939,000
  Intercompany interest expense, net                           0
                                                 ---------------
     Income (loss) before reorganization items
     and income taxes                               (105,064,000)

Reorganization items, net                            (55,840,000)
                                                 ---------------
Income (loss) before income taxes                    (49,224,000)

Income taxes                                             469,000
                                                 ---------------
Net Income (Loss) from Continuing Operations         (49,693,000)
                                                 
Discontinued Operations:
Loss from discontinued operations                        124,000
Income taxes (benefit)                                         0
                                                 ----------------
Net loss from discontinued operations                    124,000
                                                 ----------------
Net Income (Loss)                                   ($49,817,000)
                                                 ================

                     Movie Gallery, Inc.
        Unaudited Consolidated Statement of Cash Flows
             (Excluding International Operations)
              For The Period Ended April 6, 2008

Operating Activities
   Net income (loss)                                ($49,817,000)

Adjustments to Reconcile Changes in Net Assets
to Net Cash Provided by Operating Activities:
   Rental Inventory Amortization                      26,802,000
   Purchases of Rental Inventory                     (11,713,000)
   Purchases of Rental Inventory-Base Stock              (35,000)
   Reorganization Items, net                         (61,876,000)
   Depreciation and Intangibles Amortization           3,947,000
   Loss on Closed Store Write-Offs                        54,000
   Amortization of Debt Issuance Cost                    462,000
   Stock based compensation                              408,000

Changes in Operating Assets and Liabilities
   Merchandise Inventory                              (7,601,000)
   Other Current Assets                                 (705,000)
   Deposits and Other Assets                            (957,000)
   Accounts Payable                                    4,571,000
   Accrued Interest                                      981,000
   Lease Liability on Closed Stores                  102,220,000
   Other Accrued Liabilities and Deferred Revenue     (2,919,000)
                                                 ---------------
Net Cash Provided by Operating Activities              3,822,000

Investing Activities
   Purchases of Property, Furnishings
   and Equipment, net                                   (577,000)
                                                 ---------------
Net Cash Used In Investing Activities                   (577,000)

Financing Activities
   Change in intercompany receivable                    (325,000)
   Repayment of capital lease obligations               (239,000)
   Principal payments on DIP credit facility             (64,000)
                                                 ---------------
Net Cash Used In Financing Activities                   (628,000)

Increase (Decrease) in Cash and Cash Equivalents       2,617,000
Cash and cash equivalents at beginning of period      66,731,000
                                                 ---------------
Cash and cash equivalents at end of period           $69,348,000
                                                 ===============

                       About Movie Gallery

Based in Dothan, Alabama, Movie Gallery Inc. --
http://www.moviegallery.com/-- is a home entertainment specialty
retailer.  The company owns and operates 4,600 retail stores that
rent and sell DVDs, videocassettes and video games.

The company and its debtor-affiliates filed for Chapter 11
protection on Oct. 16, 2007 (Bankr. E.D. Va. Case Nos. 07-33849 to
07-33853).  Anup Sathy, Esq., Marc J. Carmel, Esq., and Richard M.
Cieri, Esq., at Kirkland & Ellis LLP, represent the Debtors.
Michael A. Condyles, Esq., and Peter J. Barrett, Esq., at Kutak
Rock LLP, is the Debtors' local counsel.  The Debtors' claims &
balloting agent is Kurtzman Carson Consultants LLC.  When the
Debtors' filed for protection from their creditors, they listed
total assets of $891,993,000 and total liabilities of
$1,419,215,000.

The Official Committee of Unsecured Creditors has selected Robert
J. Feinstein, Esq., James I. Stang, Esq., Robert B. Orgel, Esq.,
and Brad Godshall, Esq., at Pachulski Stang Ziehl & Jones LLP, as
its lead counsel, and Brian F. Kenney, Esq., at Miles &
Stockbridge PC, as its local counsel.

The Debtors' spokeswoman Meaghan Repko said that the company does
not expect to exit bankruptcy protection before the second quarter
of 2008.  The Court confirmed the Debtors' Second Amended Chapter
11 Plan of Reorganization on April 9, 2008.  (Movie Gallery
Bankruptcy News Issue No. 27; Bankruptcy Creditors' Service Inc.;
http://bankrupt.com/newsstand/or 215/945-7000)


PLASTECH ENGINEERED: Files Schedules of Assets & Debts
------------------------------------------------------
Plastech Engineered Products Inc. submitted to the U.S. Bankruptcy
Court for the Eastern District of Michigan its schedules of assets
and liabilities, disclosing:

A.     Real Property                               
          Plant 40 - Maple Street, Ohio                $339,130

B.     Personal Property
B.1    Cash on hand                                      14,701
B.2    Bank Accounts                               
          Bank of America - Blocked Depository Account   48,051
          BofA Master Depository Account               (16,791)
          BofA Controlled Disbursement Account                0
          BofA General Payroll Disbursement                   0
          BofA Teachers' Insurance Disbursement               0
          BofA AR Cash Receipts & AP Disbursements        1,534
          Comerica Bank - Non-AR Cash Receipts and
             Utility Payments Account                     8,012
          Comerica Bank - ZBA Master Account                  0
          Comerica Bank - General Funding Account         4,707
          Comerica Bank - General Funding Account       252,714
          Comerica Bank - Inactive AR and Non-AR
             Receipts Account                                 0

B.3    Security Deposits                              3,236,418
          see http://bankrupt.com/misc/plastechB3.pdf
B.4    Household goods                                     None
B.5    Collectibles                                        None
B.6    Wearing apparel                                     None
B.9    Interests in Insurance Policies             Undetermined
B.12   Interests in IRA, ERISA or other Pension Plans   879,293
B.13   Business Interests and stocks                     47,933
B.14   Interests in partnerships                   Undetermined
B.15   Government and Corporate Bonds                      None

B.16   Accounts Receivable                        
          Andrew Nguyen - Loan                          182,618
          Paul Williams - Loan                          333,034
          Regina Greear - Loan                            8,413
          Dave LeBlanc - Loan                             3,063
          Travel Advances - Talon Court Location          7,975
          Affiliates Receivables - PHC                4,369,236
          Affiliates Interco. Receivables - Canada    6,386,402
          Affiliates Note Receivable - Canada        10,067,555
          Affiliate Interest Receivables - Canada     4,802,659
          Allowance for Bad Debts                   (11,997,586)
          Customer Debts                              2,047,528
          Customer Givebacks                            (47,649)
          Miscellaneous Recievables                 (16,236,585)
          Receivable - AEC                            5,489,362
          Receivable - HHT                              530,220
          Trade Receivable - Intercompany                22,452
          Trade Receivable - Tooling                  4,787,365
          Trade Receivable - U.S.                    18,444,708
          See http://bankrupt.com/misc/plastechB16.pdf

B.18   Other Liquidated Debts                              None
B.20   Other Contingent & Unliquidated Claims              None
B.21   Intellectual Property                          9,251,807
B.22   Patents                                     Undetermined
B.25   Vehicles                                         248,573
B.27   Aircraft and accessories                         381,493
B.28   Office equipment, furnishings and supplies     2,546,398
       See http://bankrupt.com/misc/plastechB28.pdf
B.29   Machinery                                     12,788,758
       See http://bankrupt.com/misc/plastechB29.pdf

B.30   Inventory                                     11,494,893

B.35   Other Personal Property
          Construction In Process                     4,242,217
          Prepaid Productivity                       10,197,589
          Prepaid Contracts                             412,419
          Prepaid Insurance                             452,620
          Prepaid Other                                  (9,283)
          Prepaid Personal Property Taxes               121,798
          Prepaid Real Estate Taxes                     210,312
          Prepaid Trucking Expense                      168,639
          Returnable Containers                         645,492
          Secondary Equipment                         1,277,479
          Unbilled Tooling Receivables                8,886,229

        TOTAL SCHEDULED ASSETS                      $97,333,908
        ========================================================

C.   Property Claimed as Exempt                              $0

D.   Secured Claim
        Bank of America - Revolver Credit Agreement  97,587,809
        BofA Standby Letter of Credit 68020422        1,600,000
        BofA Standby L/C 3023087                      1,021,233
        BofA Standby L/C 68022027                     1,540,000
        BofA Standby L/C 7404207                      1,300,000
        BofA Standby L/C 7410308                      6,300,000
        BofA Standby L/C 3055996                        445,000
        BofA Standby L/C 7403857                        410,000
        BofA Standby L/C 68019139                       319,319
        BofA Standby L/C 3008997                         87,000
        Goldman Sachs Credit - 1st Lien Term Loan   263,496,889
        Bank of New York - 2nd Lien Term Loan       100,331,305
        Birch Machinery Co. - Construction Lien         103,101
        Transformer Inspection - Construction Lien        2,476
        See http://bankrupt.com/misc/plastechScheduleD.pdf

E.   Unsecured Priority Claims
        Attorney General of Ohio - Taxes                  3,677
        Caddo-Shreveport - Sales and Use Taxes            2,182
        City of Chicago - Taxes                             172
        City of McAllen - Taxes                          22,677
        Louisiana Dept. of Revenue - Sales & Use Taxes    1,767
        United States Treasury - Taxes                    1,870
        United States Treasury - Income Taxes           200,000

F.   Unsecured Non-priority Claims                   85,692,128
     See http://bankrupt.com/misc/plastechScheduleF.pdf

        TOTAL SCHEDULED LIABILITIES                $560,468,608
        ========================================================

                    About Plastech Engineered

Based in Dearborn, Michigan, Plastech Engineered Products, Inc. --
http://www.plastecheng.com/-- is full-service automotive
supplier of interior, exterior and underhood components.  It
designs and manufactures blow-molded and injection-molded plastic
products primarily for the automotive industry.  Plastech's
products include automotive interior trim, underhood components,
bumper and other exterior components, and cockpit modules.  
Plastech's major customers are General Motors, Ford Motor Company,
and Toyota, as well as Johnson Controls, Inc.

Plastech is a privately held company and is the largest family-
owned company in the state of Michigan.  The company is certified
as a Minority Business Enterprise by the state of Michigan.  
Plastech maintains more than 35 manufacturing facilities in the
midwestern and southern United States.  The company's products are
sold through an in-house sales force.

The company and eight of its affiliates filed for Chapter 11
protection on Feb. 1, 2008 (Bankr. E.D. Mich. Lead Case No. 08-
42417).  Gregg M. Galardi, Esq., at Skadden Arps Slate Meagher &
Flom LLP, and Deborah L. Fish, Esq., at Allard & Fish, P.C.,
represent the Debtors in their restructuring efforts.  The Debtors
chose Jones Day as their special corporate and litigation counsel.  
Lazard Freres & Co. LLC serves as the Debtors' investment bankers,
while Conway, MacKenzie & Dunleavy provide financial advisory
services.  The Debtors also employed Donlin, Recano & Company as
their claims and noticing agent.  An Official Committee of
Unsecured Creditors has been appointed in the Debtors' cases and
is represented by Joel D. Applebaum, Esq., at Clark Hill PLC.  
(Plastech Bankruptcy News, Issue No. 19; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000)


PLASTECH ENGINEERED: Exterior Files Schedules of Assets and Debts
-----------------------------------------------------------------
Plastech Exterior Systems Inc., debtor-affiliate of Plastech
Engineered Products Inc., submitted to the U.S. Bankruptcy Court
for the Eastern District of Michigan its schedules of assets and
liabilities, disclosing:

A.     Real Property                               
          Plant 07 - Bryan Land                          $19,636
          Plant 07 - Bryan Land                          115,000
          Plant 07 - Bryan Land                           56,000
          Plant 08 - Kenton Land                          30,000
          Plant 08 - Kenton Land                          10,000
          Plant 08 - Kenton Building Addition             99,823
          Plant 12 - Winnsboro Land                       62,607
          Plant 12 - Winnsboro Building                  139,780
          Plant 12 - Winnsboro Building
                     Addition Paint Operation            380,991
          Plant 12 - Winnsboro Paint Plant Lab           107,161
          Plant 15 H&P Land                              160,062
          Plant 16 - Cleveland Land                      177,623
          Plant 16 - Cleveland Building                 (371,718)

B.     Personal Property
B.1    Cash on hand                                    
          Bryan                                            1,000
          Cleveland                                        1,500
          H&P Stamping                                     3,000
          Kenton                                           1,000
          Louisville One                                   2,000
          Louisville Two                                   2,500
          Winnsboro                                        1,000
B.2    Bank Accounts                               
          Bank of America - Heritage Engineering Services  9,187
B.3    Security Deposits                               
          Toledo L&L Realty Company - Lease Deposit        5,300
B.4    Household goods                             
B.5    Collectibles                                  
B.6    Wearing apparel                             
B.9    Interests in Insurance Policies              
B.12   Interests in IRA, ERISA or other Pension Plans
B.13   Business Interests and stocks              
          MBS Polymet, Inc.                         Undetermined
          Plastech Romulus, Inc.                    Undetermined
B.14   Interests in partnerships                   
B.15   Government and Corporate Bonds               
B.16   Accounts Receivable                         
          Customer Debits                                (63,644)
          Customer Givebacks                            (301,072)
                    Misc. Receivables                 (1,224,455)
                    Other Receivables                    (15,156)
          Trade Receivables - Interco                    (24,721)
          Trade Receivables - U.S.                    22,976,777
B.18   Other Liquidated Debts                        
B.20   Other Contingent & Unliquidated Claims          
          Potential Tax Refunds                     Undetermined
B.21   Intellectual Property                       
B.22   Patents         
B.25   Vehicles                                           73,333
B.27   Aircraft and accessories
B.28   Office equipment, furnishings and supplies        191,894
B.29   Machinery                                      25,271,894
B.30   Inventory                                    
          Finished Goods - Bryan 07                    3,621,522
          Finished Goods - Kenton 08                   2,279,044
          Finished Goods - H&P 09-15                   1,600,919
          Finished Goods - Winnsboro 12                4,276,317
          Finished Goods - Cleveland 16                2,997,977
          Finished Goods - Louisville 50               2,134,751
          Finished Goods - Louisville 51               2,712,157
B.35   Other Personal Property
          Construction In Process                      1,460,396
          Returnable Containers                        2,805,873
          Secondary Equipment                          1,916,328

        TOTAL SCHEDULED ASSETS                       $76,152,503
        ========================================================

C.     Property Claimed as Exempt                              0

D.     Secured Claim
          Bank of America - February 2007 Revolver
            Credit Agreement                          97,587,809
          Bank of America -
            Standby Letter of Credit 3008997              87,000
          Bank of America - Standby L/C 3023087        1,021,233
          Bank of America - Standby L/C 3055996          445,000
          Bank of America - Standby L/C 68019139         319,319
          Bank of America - Standby L/C 68020422       1,600,000
          Bank of America - Standby L/C 68022027       1,540,000
          Bank of America - Standby L/C 7403857          410,000
          Bank of America - Standby L/C 7404207        1,300,000
          Bank of America - Standby L/C 7410308        6,300,000
          Bank of New York- Second Lien Term Loan    100,331,305
          Goldman Sachs Credit - First Lien Loan     263,496,889

E.     Unsecured Priority Claims                    Undetermined
       http://ResearchArchives.com/t/s?2bfb

F.     Unsecured Non-priority Claims                Undetermined
       http://ResearchArchives.com/t/s?2bfc

        TOTAL SCHEDULED LIABILITIES                 $474,438,557
        ========================================================

                    About Plastech Engineered

Based in Dearborn, Michigan, Plastech Engineered Products, Inc. --
http://www.plastecheng.com/-- is full-service automotive
supplier of interior, exterior and underhood components.  It
designs and manufactures blow-molded and injection-molded plastic
products primarily for the automotive industry.  Plastech's
products include automotive interior trim, underhood components,
bumper and other exterior components, and cockpit modules.  
Plastech's major customers are General Motors, Ford Motor Company,
and Toyota, as well as Johnson Controls, Inc.

Plastech is a privately held company and is the largest family-
owned company in the state of Michigan.  The company is certified
as a Minority Business Enterprise by the state of Michigan.  
Plastech maintains more than 35 manufacturing facilities in the
midwestern and southern United States.  The company's products are
sold through an in-house sales force.

The company and eight of its affiliates filed for Chapter 11
protection on Feb. 1, 2008 (Bankr. E.D. Mich. Lead Case No. 08-
42417).  Gregg M. Galardi, Esq., at Skadden Arps Slate Meagher &
Flom LLP, and Deborah L. Fish, Esq., at Allard & Fish, P.C.,
represent the Debtors in their restructuring efforts.  The Debtors
chose Jones Day as their special corporate and litigation counsel.  
Lazard Freres & Co. LLC serves as the Debtors' investment bankers,
while Conway, MacKenzie & Dunleavy provide financial advisory
services.  The Debtors also employed Donlin, Recano & Company as
their claims and noticing agent.  An Official Committee of
Unsecured Creditors has been appointed in the Debtors' cases and
is represented by Joel D. Applebaum, Esq., at Clark Hill PLC.  
(Plastech Bankruptcy News, Issue No. 20; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000)


PLASTECH ENGINEERED: Frenchtown Files Schedules of Assets & Debts
-----------------------------------------------------------------
Plastech Frenchtown Inc., debtor-affiliate of Plastech Engineered
Products Inc., submitted to the U.S. Bankruptcy Court for the
Eastern District of Michigan its schedules of assets and
liabilities, disclosing:

A.     Real Property                                          $0

B.     Personal Property
B.1    Cash on hand                                    
          Frenchtown One                                   1,000
          Frenchtown Two                                   1,000
B.16   Accounts Receivable                         
              Customer Debits                           (133,643)
              Customer Givebacks                        (224,744)
              Misc. Receivables                        1,845,173
              Trade Receivable - U.S.                 12,468,395
B.21   Other contingent and unliquidated claims      Undetermined
B.28   Office equipment, furnishings and supplies         29,003
B.29   Machinery                                       7,793,915
B.30   Inventory                                    
          Frenchtown2 43 Finished Goods                3,945,548
          Frenchtown 38 Finished Goods                 2,499,752
B.35   Other Personal Property
          Construction in Process                        525,699
          Prepaid Personal Property Taxes               (175,037)
          Prepaid Real Estate Taxes                      268,992
          Returnable Containers                        1,279,443
          Secondary Equipment                          2,868,542

        TOTAL SCHEDULED ASSETS                       $32,993,043
        ========================================================

C.     Property Claimed as Exempt                           None

D.     Secured Claims
          Bank of America - February 2007 Revolver
            Credit Agreement                          97,587,809
          Bank of America -
            Standby Letter of Credit 3008997              87,000
          Bank of America - Standby L/C 3023087        1,021,233
          Bank of America - Standby L/C 3055996          445,000
          Bank of America - Standby L/C 68019139         319,319
          Bank of America - Standby L/C 68020422       1,600,000
          Bank of America - Standby L/C 68022027       1,540,000
          Bank of America - Standby L/C 7403857          410,000
          Bank of America - Standby L/C 7404207        1,300,000
          Bank of America - Standby L/C 7410308        6,300,000
          Bank of New York- Second Lien Term Loan    100,331,305
          Goldman Sachs Credit - First Lien Loan     263,496,889

E.     Unsecured Priority Claims                    Undetermined
       http://ResearchArchives.com/t/s?2bfd

F.     Unsecured Non-priority Claims                        None

        TOTAL SCHEDULED LIABILITIES                 $474,438,557
        ========================================================

                    About Plastech Engineered

Based in Dearborn, Michigan, Plastech Engineered Products, Inc. --
http://www.plastecheng.com/-- is full-service automotive
supplier of interior, exterior and underhood components.  It
designs and manufactures blow-molded and injection-molded plastic
products primarily for the automotive industry.  Plastech's
products include automotive interior trim, underhood components,
bumper and other exterior components, and cockpit modules.  
Plastech's major customers are General Motors, Ford Motor Company,
and Toyota, as well as Johnson Controls, Inc.

Plastech is a privately held company and is the largest family-
owned company in the state of Michigan.  The company is certified
as a Minority Business Enterprise by the state of Michigan.  
Plastech maintains more than 35 manufacturing facilities in the
midwestern and southern United States.  The company's products are
sold through an in-house sales force.

The company and eight of its affiliates filed for Chapter 11
protection on Feb. 1, 2008 (Bankr. E.D. Mich. Lead Case No. 08-
42417).  Gregg M. Galardi, Esq., at Skadden Arps Slate Meagher &
Flom LLP, and Deborah L. Fish, Esq., at Allard & Fish, P.C.,
represent the Debtors in their restructuring efforts.  The Debtors
chose Jones Day as their special corporate and litigation counsel.  
Lazard Freres & Co. LLC serves as the Debtors' investment bankers,
while Conway, MacKenzie & Dunleavy provide financial advisory
services.  The Debtors also employed Donlin, Recano & Company as
their claims and noticing agent.  An Official Committee of
Unsecured Creditors has been appointed in the Debtors' cases and
is represented by Joel D. Applebaum, Esq., at Clark Hill PLC.  
(Plastech Bankruptcy News, Issue No. 20; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000)


PLASTECH ENGINEERED: LDM Unit Files Schedules of Assets and Debts
-----------------------------------------------------------------
LDM Technologies Inc., debtor-affiliate of Plastech Engineered
Products Inc., submitted to the U.S. Bankruptcy Court for the
Eastern District of Michigan its schedules of assets and
liabilities, disclosing:

A.     Real Property
          Plant 60 - Byesville Land                     $170,000
          Plant 60 - Byesville Building                  592,516
          Plant 62 - Clarkson Land                       380,000
          Plant 62 - Clarkson WLP Building               217,549
          Plant 63 - Croswell Stand Alone Shelter        161,217
          Plant 64 - Fowlerville Land                    600,000
          Plant 64 - Fowlerville Building              1,013,025
          Plant 65 - Franklin Land                       720,000
          Plant 65 - Franklin Building                 1,479,742
          Plant 66 - Hartland Land                       520,000
          Plant 66 - Hartland Building                 1,445,789
          Plant 67 - Kendallville Land                   240,000
          Plant 67 - Kendallville Building             1,113,258
          Plant 72 - PT Huron Lean To Shelter             55,996
B.     Personal Property
B.1    Cash on hand                                       19,000
B.2    Bank Accounts                                        None
B.3    Security Deposits
          Consumers Energy                                 3,390
          Gallatin Department of Electricity             125,000
          SEMCO                                           15,456
B.4    Household goods                                      None
B.5    Collectibles                                         None
B.6    Wearing apparel                                      None
B.9    Interests in Insurance Policies                      None
B.12   Interests in IRA, ERISA or other Pension Plans       None
B.13   Business Interests and stocks
          HPG Foreign Sales, Inc.                   Undetermined
          LDM Holding Canada, Inc.                  Undetermined
          LDM Holding Mexico, Inc.                  Undetermined
B.14   Interests in partnerships                            None
B.15   Government and Corporate Bonds                       None
B.16   Accounts Receivable
          Accounts Receivable - Employees                    730
          Intercompany receivable -- Canada              (27,449)
          Customer Debits                               (392,668)
          Customer Givebacks                          (1,107,511)
          Miscellaneous Recievables                      326,353
          Trade Receivable - Intercompany                  4,054
          Trade Receivable - U.S.                     51,058,112
B.18   Other Liquidated Debts                               None
B.20   Contingent & Non-contingent Interests
B.21   Other Contingent & Unliquidated Claims       Undetermined
B.22   Patents                                      Undetermined
B.25   Vehicles
          2008 Ford F350                                  28,092
          2007 Toyota Camry                               18,061
          2005 Ford F150                                   6,499
          2005 Ford Taurus SE                              1,014
          2000 Windstar                                      721
          2000 Blazer                                        607
          1992 2500 Pick-up Truck                            141
B.27   Aircraft and accessories                             None
B.28   Office equipment, furnishings and supplies        519,584
       http://ResearchArchives.com/t/s?2bf5

B.29   Machinery                                      39,233,470
       http://ResearchArchives.com/t/s?2bf6

B.30   Inventory                                      23,063,131
       http://ResearchArchives.com/t/s?2bf7

B.35   Other Personal Property
          Returnable Containers                        4,304,998
          Secondary Equipment                          3,826,887
          Construction In Process                      1,158,323
          Prepaid Real Estate Taxes                      266,340
          Prepaid Personal Property Taxes                130,394
         
        TOTAL SCHEDULED ASSETS                      $131,291,823
        ========================================================

C.     Property Claimed as Exempt                           None

D.     Secured Claim
          Bank of America -
             Revolver Credit Agreement               $97,587,810
          BofA - Standby L/C 68020422                  1,600,000
          BofA - Standby L/C 3023087                   1,021,233
          BofA - Standby L/C 68022027                  1,540,000
          BofA - Standby L/C 7404207                   1,300,000
          BofA - Standby L/C 7410308                   6,300,000
          BofA - Standby L/C 3055996                     445,000
          BofA - Standby L/C 7403857                     410,000
          BofA - Standby L/C 68019139                    319,319
          BofA - Standby L/C 3008997                      87,000
          Goldman Sachs Credit - 1st Lien Term Loan  263,496,889
          Bank of New York - 2nd Lien Term Loan      100,331,306
          Jerry Ables Electric -
            Construction Lien                             57,208
         Transformer Inspection - Construction Lien        2,476

E.     Unsecured Priority Claims                          13,205
       http://ResearchArchives.com/t/s?2bf9

F.     Unsecured Non-priority Claims                Undetermined
       http://ResearchArchives.com/t/s?2bfa

        TOTAL SCHEDULED LIABILITIES                 $474,511,446
        ========================================================

                    About Plastech Engineered

Based in Dearborn, Michigan, Plastech Engineered Products, Inc. --
http://www.plastecheng.com/-- is full-service automotive
supplier of interior, exterior and underhood components.  It
designs and manufactures blow-molded and injection-molded plastic
products primarily for the automotive industry.  Plastech's
products include automotive interior trim, underhood components,
bumper and other exterior components, and cockpit modules.  
Plastech's major customers are General Motors, Ford Motor Company,
and Toyota, as well as Johnson Controls, Inc.

Plastech is a privately held company and is the largest family-
owned company in the state of Michigan.  The company is certified
as a Minority Business Enterprise by the state of Michigan.  
Plastech maintains more than 35 manufacturing facilities in the
midwestern and southern United States.  The company's products are
sold through an in-house sales force.

The company and eight of its affiliates filed for Chapter 11
protection on Feb. 1, 2008 (Bankr. E.D. Mich. Lead Case No. 08-
42417).  Gregg M. Galardi, Esq., at Skadden Arps Slate Meagher &
Flom LLP, and Deborah L. Fish, Esq., at Allard & Fish, P.C.,
represent the Debtors in their restructuring efforts.  The Debtors
chose Jones Day as their special corporate and litigation counsel.  
Lazard Freres & Co. LLC serves as the Debtors' investment bankers,
while Conway, MacKenzie & Dunleavy provide financial advisory
services.  The Debtors also employed Donlin, Recano & Company as
their claims and noticing agent.  An Official Committee of
Unsecured Creditors has been appointed in the Debtors' cases and
is represented by Joel D. Applebaum, Esq., at Clark Hill PLC.  
(Plastech Bankruptcy News, Issue No. 20; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000)


PLASTECH ENGINEERED: Romulus Files Schedules of Assets and Debts
----------------------------------------------------------------
Plastech Romulus Inc., debtor-affiliate of Plastech Engineered
Products Inc., submitted to the U.S. Bankruptcy Court for the
Eastern District of Michigan its schedules of assets and
liabilities, disclosing:

A.     Real Property                                        None

B.     Personal Property
B.1    Cash on Hand                                       $3,000
B.3    Security Deposits                                 128,000
B.16   Accounts Receivable
          Trade receivable                             6,209,495
          Others                                         694,970
B.21   Other Contingent and Unliquidated Claims     Undetermined
B.28   Office Equipment                                   49,582
B.29   Equipment and Supplies for Business
          Storage racks                                   77,176
          Servo robot for 2200T husky                     54,660
          Rigging of 3450T Ube Press                     106,125
          30T Crane runway extension                      57,121
          40T Crane runway extension                      57,121
          Handling/cooling water systems                 102,700
          Husky 2200T                                    416,056
          (19) RJG Edart systems                         111,311
          Conveyor systems                               106,779
          Injection molding machines                     355,565
          Conair machines                                867,987
          Equipment                                      175,611
          (174) New "AN" racks                            64,040
          Robots for presses                              89,783
          Robots (Toshiba)                                69,154
          Auto Degater                                    67,279
          Work cell automation                            75,434
          16 Press addition                               94,005
          Secondary equipment                             62,723
          Electrical upgrades for NF/CM                   58,910
          Electrical changes for Plant                   145,932
          Electrical - POW-R-LINES                        78,861
          Lease buyout                                    54,505
          Fire protection - sprinkler                    392,000
          (18) Poweramp mechanical trailer                32,634
          Shot blast                                      44,151
          QSO Valve/500T                                  36,768
          2 Smart Conveyors for Ropak                     30,276
          Other equipment                                 49,710
          Ropak container                                 44,875
          Valve gate control                              49,333
          Robot for 390T                                  31,862
          Shelving system for C170                        35,459
          Relocate 2000T Ube machine                      48,516
          Equipment supplies                              41,670
          Relay module                                    31,692
          Circuit panels/hydraulics                       41,189
          Plastic stacking containers                     32,448
          Returnable assembly                             28,673
          Relocate 2000T Husky                            33,137
          Relocation of 2200T Husky                       47,112
          SR4040S5 Servo Robot                            39,266
          SR3051BCV Servo Robot                           45,266
          Racks for NF/CM assembly                        33,187
          Robot degator                                   40,740
          Others                                       2,954,730
B.30   Inventory
          Romulus inventory                            1,972,030
          Alabama inventory                            2,344,009
B.35   Other Personal Property
          Secondary equipment                          1,468,378
          Construction in process                        134,068
          Returnable containers                          919,626
          Others                                         215,401

        TOTAL SCHEDULED ASSETS                       $21,652,117
        ========================================================

C.     Property Claimed As Exempt                           None
       
D.     Secured Claims
          Bank of America - February 2007 Revolver
            Credit Agreement                          97,587,809
          Bank of America -
            Standby Letter of Credit 3008997              87,000
          Bank of America - Standby L/C 3023087        1,021,233
          Bank of America - Standby L/C 3055996          445,000
          Bank of America - Standby L/C 68019139         319,319
          Bank of America - Standby L/C 68020422       1,600,000
          Bank of America - Standby L/C 68022027       1,540,000
          Bank of America - Standby L/C 7403857          410,000
          Bank of America - Standby L/C 7404207        1,300,000
          Bank of America - Standby L/C 7410308        6,300,000
          Bank of New York- Second Lien Term Loan    100,331,305
          Goldman Sachs Credit - First Lien Loan     263,496,889

E.     Unsecured Priority Claims                    Undetermined
       http://ResearchArchives.com/t/s?2bfe

F.     Unsecured Non-priority Claims                        None

        TOTAL SCHEDULED LIABILITIES                 $474,438,557
        ========================================================

                    About Plastech Engineered

Based in Dearborn, Michigan, Plastech Engineered Products, Inc. --
http://www.plastecheng.com/-- is full-service automotive
supplier of interior, exterior and underhood components.  It
designs and manufactures blow-molded and injection-molded plastic
products primarily for the automotive industry.  Plastech's
products include automotive interior trim, underhood components,
bumper and other exterior components, and cockpit modules.  
Plastech's major customers are General Motors, Ford Motor Company,
and Toyota, as well as Johnson Controls, Inc.

Plastech is a privately held company and is the largest family-
owned company in the state of Michigan.  The company is certified
as a Minority Business Enterprise by the state of Michigan.  
Plastech maintains more than 35 manufacturing facilities in the
midwestern and southern United States.  The company's products are
sold through an in-house sales force.

The company and eight of its affiliates filed for Chapter 11
protection on Feb. 1, 2008 (Bankr. E.D. Mich. Lead Case No. 08-
42417).  Gregg M. Galardi, Esq., at Skadden Arps Slate Meagher &
Flom LLP, and Deborah L. Fish, Esq., at Allard & Fish, P.C.,
represent the Debtors in their restructuring efforts.  The Debtors
chose Jones Day as their special corporate and litigation counsel.  
Lazard Freres & Co. LLC serves as the Debtors' investment bankers,
while Conway, MacKenzie & Dunleavy provide financial advisory
services.  The Debtors also employed Donlin, Recano & Company as
their claims and noticing agent.  An Official Committee of
Unsecured Creditors has been appointed in the Debtors' cases and
is represented by Joel D. Applebaum, Esq., at Clark Hill PLC.  
(Plastech Bankruptcy News, Issue No. 20; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000)


SEA CONTAINERS: Posts $12,429,636 After-Tax Loss in March 2008
--------------------------------------------------------------

                      Sea Containers, Ltd.
                     Unaudited Balance Sheet
                      As of March 31, 2008

                             Assets

Current Assets
   Cash and cash equivalents                         $30,120,357
   Trade receivables, less allowances
      for doubtful accounts                              343,870
   Due from related parties                              739,774
   Prepaid expenses and other current assets             776,719
                                                    ------------
      Total current assets                            31,980,720

Fixed assets, net                                              -

Long-term equipment sales receivable, net                      -
Investments in group companies                       143,558,856
Intercompany receivables                                       -
Investment in equity ownership interests             214,837,980
Other assets                                           3,167,656
                                                    ------------
Total assets                                        $393,545,212
                                                    ============

              Liabilities and Shareholders' Equity

Current Liabilities
   Accounts payable                                   10,479,841
   Accrued expenses                                   76,355,062
   Current portion of long-term debt                 175,165,557
   Current portion of senior notes                   385,520,806
                                                    ------------
      Total current liabilities                      647,521,266

Total shareholders' equity                          (253,976,054)
                                                    ------------
Total liabilities and shareholders' equity          $393,545,212
                                                    ============

                      Sea Containers, Ltd.
                Unaudited Statement of Operations
               For the Month Ended March 31, 2008

Revenue                                              ($4,163,767)

Costs and expenses:
   Operating costs                                             -
   Selling, general and admin. expenses               (1,391,315)
   Professional fees                                  (4,454,919)
   Charges against intercompany accounts                (446,180)
   Impairment of investment in subsidy Co.                     -
   Forgiveness of intercompany debt                            -
   Depreciation and amortization                               -
                                                    ------------
      Total costs and expenses                        (6,292,414)
                                                    ------------

Gain or (Loss) on sale of assets                               -
                                                    ------------
Operating loss                                       (10,456,181)

Other income (expense)
   Investment income                                     475,181
   Foreign exchange gains or (losses)                     19,861
   Interest expense, net                              (2,286,597)
                                                    ------------
Loss before taxes                                    (12,247,736)
Income tax expense                                      (181,900)
                                                    ------------
Loss after taxes                                    ($12,429,636)
                                                    ============

                       About Sea Containers

Based in Hamilton, Bermuda, Sea Containers Ltd. --
http://www.seacontainers.com/-- provides passenger and freight
transport and marine container leasing. Registered in Bermuda,
the company has regional operating offices in London, Genoa, New
York, Rio de Janeiro, Sydney, and Singapore. The company is
owned almost entirely by United States shareholders and its
primary listing is on the New York Stock Exchange (SCRA and
SCRB) since 1974. On Oct. 3, the company's common shares and
senior notes were suspended from trading on the NYSE and NYSE
Arca after the company's failure to file its 2005 annual report
on Form 10-K and its quarterly reports on Form 10-Q during 2006
with the U.S. Securities and Exchange Commission.

Through its GNER subsidiary, Sea Containers Passenger Transport
operates Britain's fastest railway, the Great North Eastern
Railway, linking England and Scotland. It also conducts ferry
operations, serving Finland and Estonia as well as a commuter
service between New York and New Jersey in the U.S.
Sea Containers Ltd. and two subsidiaries filed for chapter 11
protection on Oct. 15, 2006 (Bankr. D. Del. Case No. 06-11156).
Edmon L. Morton, Esq., Edwin J. Harron, Esq., Robert S. Brady,
Esq., Sean Matthew Beach, Esq., and Sean T. Greecher, Esq., at
Young, Conaway, Stargatt & Taylor, represent the Debtors in
their restructuring efforts.

The Official Committee of Unsecured Creditors and the Financial
Members Sub-Committee of the Official Committee of Unsecured
Creditors of Sea Containers Ltd. is represented by William H.
Sudell, Jr., Esq., and Thomas F. Driscoll, Esq., at Morris,
Nichols, Arsht & Tunnell LLP. Sea Containers Services, Ltd.'s
Official Committee of Unsecured Creditors is represented by
attorneys at Willkie Farr & Gallagher LLP.

In its schedules filed with the Court, Sea Containers disclosed
total assets of $62,400,718 and total liabilities of
$1,545,384,083. (Sea Containers Bankruptcy News, Issue No. 41;
Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


SEA CONTAINERS: SeaCon Services Files March 2008 Operating Report
-----------------------------------------------------------------

                     Sea Containers Services
                     Unaudited Balance Sheet
                      As of March 31, 2008

                             Assets

Current Assets
   Cash and cash equivalents                             $32,017
   Trade receivables                                       2,344
   Due from related parties                               25,164
   Prepaid expenses and other current assets           1,388,682
                                                    ------------
      Total current assets                             1,448,207

Fixed assets, net                                         20,362

Investments                                            2,677,370
Intercompany receivables                              30,904,413
Other assets                                                   -
                                                    ------------
Total assets                                         $35,050,352
                                                    ============

              Liabilities and Shareholders' Equity

Current Liabilities
   Accounts payable                                     $900,732
   Accrued expenses                                    1,036,689
   Current portion of long-term debt                   1,513,795
                                                    ------------
      Total current liabilities                        3,451,215

Total shareholders' equity                            31,599,136
                                                    ------------
Total liabilities and shareholders' equity           $35,050,352
                                                    ============

                     Sea Containers Services
                Unaudited Statement of Operations
               For the Month Ended March 31, 2008

Revenue                                               $1,204,983

Costs and expenses:
   Operating costs                                             -
   Selling, general and admin. expenses                 (709,927)
   Professional Fees                                    (403,088)
   Other charges                                               -
   Depreciation and amortization                          (2,428)
                                                    ------------
      Total costs and expenses                        (1,115,443)
                                                    ------------

Gains on sale of assets                                      995
                                                    ------------
Operating income (loss)                                   90,535

Other income (expense)
   Interest income                                        34,678
   Foreign exchange gains (losses)                             -
   Interest expense, net                                 (15,168)
                                                    ------------
Income (Loss) before taxes                               110,045
Income tax credit                                              -
                                                    ------------
Net Income                                              $110,045
                                                    ============

                       About Sea Containers

Based in Hamilton, Bermuda, Sea Containers Ltd. --
http://www.seacontainers.com/-- provides passenger and freight
transport and marine container leasing. Registered in Bermuda,
the company has regional operating offices in London, Genoa, New
York, Rio de Janeiro, Sydney, and Singapore. The company is
owned almost entirely by United States shareholders and its
primary listing is on the New York Stock Exchange (SCRA and
SCRB) since 1974. On Oct. 3, the company's common shares and
senior notes were suspended from trading on the NYSE and NYSE
Arca after the company's failure to file its 2005 annual report
on Form 10-K and its quarterly reports on Form 10-Q during 2006
with the U.S. Securities and Exchange Commission.

Through its GNER subsidiary, Sea Containers Passenger Transport
operates Britain's fastest railway, the Great North Eastern
Railway, linking England and Scotland. It also conducts ferry
operations, serving Finland and Estonia as well as a commuter
service between New York and New Jersey in the U.S.
Sea Containers Ltd. and two subsidiaries filed for chapter 11
protection on Oct. 15, 2006 (Bankr. D. Del. Case No. 06-11156).
Edmon L. Morton, Esq., Edwin J. Harron, Esq., Robert S. Brady,
Esq., Sean Matthew Beach, Esq., and Sean T. Greecher, Esq., at
Young, Conaway, Stargatt & Taylor, represent the Debtors in
their restructuring efforts.

The Official Committee of Unsecured Creditors and the Financial
Members Sub-Committee of the Official Committee of Unsecured
Creditors of Sea Containers Ltd. is represented by William H.
Sudell, Jr., Esq., and Thomas F. Driscoll, Esq., at Morris,
Nichols, Arsht & Tunnell LLP. Sea Containers Services, Ltd.'s
Official Committee of Unsecured Creditors is represented by
attorneys at Willkie Farr & Gallagher LLP.

In its schedules filed with the Court, Sea Containers disclosed
total assets of $62,400,718 and total liabilities of
$1,545,384,083. (Sea Containers Bankruptcy News, Issue No. 41;
Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


SHARPER IMAGE: Incurs $2,099,392 Net Loss in February 2008
----------------------------------------------------------

                       Sharper Image Corp.
                          Balance Sheet
                     As of February 29, 2008

ASSETS

Current assets:
   Unrestricted Cash and Equivalents                ($1,981,397)
   Restricted Cash and Equivalents                            -
   Trade Accounts Receivable, net                     3,646,034
   Other Accounts Receivable                          1,882,262
   Notes Receivable                                           -
   Inventories                                       60,865,590
   Prepaid Expenses                                   4,090,051
   Deferred Income Taxes/Prepaid Income Taxes        17,249,277
                                                    -----------
Total current assets                                 85,751,817

Property and Equipment:
   Real Property and Improvements                     2,926,573
   Machinery and Equipment                                    -
   Furniture, Fixtures and Office Equipment         127,516,124
   Leasehold Improvements                            52,118,827
   Vehicles                                                   -
   Work In Progress                                   3,187,779
   Less: Accum Depreciation                        (121,358,312)
                                                    -----------
Total Property and Equipment                         64,390,990

Other assets:
   Loans to Insiders                                          -
   Other Assets                                      14,447,631   
                                                    -----------
Total Assets                                       $164,590,438
                                                    ===========

LIABILITIES AND OWNER'S EQUITY

Liabilities not subject to Compromise (Post)
   Accounts Payable                                    (820,867)
   Taxes Payable                                     (1,098,366)
   Wages Payable                                     (5,402,206)
   Notes Payable                                              -
   Rent/Leases- Building/Equipment                     (582,706)
   Secured Debt - Line of credit                    (37,239,935)
   Expense Accruals                                           -
   Other Reserves                                             -
   Amounts Due to Insiders                                    -
   Other Postpetition Liabilities                             -
                                                    -----------
Total Postpetition Liabilities                      (45,144,080)
                        
Liabilities not subject to Compromise (Pre)
   Secured Debt - Line of credit                              0
   Secured Debt - other                              (6,574,490)
   Priority Debt                                              -
   Unsecured Debt (Accounts Payable)                (44,774,048)
   Expense Accruals and Other Liabilities            (9,102,581)
   Short Term Liabilities                            (3,554,215)
   Rent/Leases-Building/Equipment                             -
   Deferred (GAAP) rent/landlord allowances etc     (24,162,858)
   Deferred Tax (Liability)/Asset                    73,259,173
   Deferred Revenue (Gift cards and Royalties)      (36,628,134)
   Sales Returns/Chargebacks Reserves               (16,745,967)
                                                    -----------
Total Prepetition Liabilities                       (68,283,120)
                                                    -----------
Total Liabilities                                  (113,427,200)

Owner's Equity
   Capital Stock                                       (152,132)
   Additional Paid-In Capital                      (116,534,285)
   Deferred Stock Compensation
     and Stock Repurchase                               176,465
   Retained Earnings - Prepetition                   63,247,322
   Retained Earnings - Postpetition                   2,099,392
                                                    -----------
Net Owner's Equity                                  (51,163,238)
                                                    -----------
Total Liabilities and Owner's Equity              ($164,590,438)
                                                    ===========

                       Sharper Image Corp.
                    Statement of Operations
               For Month Ended February 29, 2008

Revenues:
                                           
   Gross Revenues                                    $6,698,973
   Less: Returns and Allowances                        (682,033)
                                                    -----------
   Net Revenue                                        6,016,940
   
Cost of Goods Sold:
   Beginning Inventory                                        -
   Add: Purchases                                             -
   Add: Cost of Labor                                         -
   Add: Other Costs (attach schedule)                         -
   Less: Ending Inventory                                     -
   Cost of Goods Sold                                 3,597,198
                                                    -----------
   Gross Profit                                       2,419,743

Operating Expenses:
   Advertising                                          510,665
   Auto and Truck Expense                                     -   
   Bad Debts                                             (9,471)
   Contributions                                              -     
   Employee Benefit Programs                            140,933
   Insider Compensations                                      -
   Insurance                                             87,931
   Management Fees/Bonuses                               63,977
   Office Expense                                             -
   Pension & Profit-Sharing Plans                             -
   Repairs and Maintenance                               88,786
   Rent and Lease Expense                             1,407,260
   Salaries/Commissions/Fees                          1,405,104
   Supplies                                              72,272
   Taxes- Payroll                                       119,468
   Taxes- Real Estate                                         -
   Taxes- Other                                          40,634
   Travel and Entertainment                                 240
   Utilities                                            101,980
   Other                                                474,212
                                                    -----------
   Total Operating Expense Before Depr.               4,503,991

   Depreciation/Depletion/Amortization                  651,651
                                                    -----------
   Net Profit (Loss)
     Before Other Income & Expenses                  (2,735,900)

Other Income and Expenses:
   Licensing Income                                     104,700
   Interest Expense                                     (72,168)
   Other Expense                                         60,264
                                                    -----------
   Net Profit (Loss)
     Before Reorganization Items                     (2,643,103)

Reorganization Items:
   Professional Fees                                    765,000
   US Trustee Quarterly Fees                                  -
   Interest Earned on Accm Case                               -
   Gain (Loss) from sale of assets                            -
   Other Reorganization Expense                               -
                                                    -----------
   Total Reorganization Expenses                        765,000
                                                    -----------
   Net Profit (Loss)
     Before Income Taxes (Benefit)                   (3,408,103)
   Income Taxes (Benefit)                            (1,308,712)
                                                    -----------
   Net Profit (Loss)                                ($2,099,392)
                                                    ===========

                       Sharper Image Corp.
                     Statement of Cash Flows
                For Month Ended February 29, 2008

Opening Balance                                         983,689

Receipts
   Cash Sales (from stores)                             770,502
   Credit Card Settlements                            3,847,115
   Other Settlements                                     89,400
   Accounts Receivable                                  627,061
   Sale of Assets                                             -
   Mail Order/License Deposits, Other Deposits           47,395
                                                    -----------
   Total Receipts                                     5,381,474

Transfers

   Line of Credit Draw/Pay Down                      (1,356,050)
   Transfers from stores to deposit a/c - sweep               -
   Transfers from concentration to refunds                    -
   Transfers from concentration to payroll                    -
   Other Inter-account transfers                              -
   Transfers from Concentration to Disbursement               -
                                                    -----------
   Total Transfers                                   (1,356,050)
                                                    -----------
   Total Receipts & Transfers                         4,025,424

Disbursements
   Net Payroll                                        1,494,484
   Payroll Taxes                                        749,764
   401k                                                  54,786
   Sales, Use & Other Taxes                           1,012,037
   Inventory Purchases                                  781,498
   Secured/Rental/Leases                              2,398,805
   Insurance                                            162,608
   Administrative                                        47,887
   Selling                                                    -
   Bank/Credit Card Fees/Sales audit adjs                30,167
   Refund checks issued (net of stop payments)           50,561
   Other                                                      -
   Customs/Duties/Freight                               207,914
   Interest and LC fees                                       -
   Professional Fees                                          -
   US Trustee Quarterly Fees                                  -
   Court Costs                                                -
                                                    -----------
   Total Disbursements                                6,990,512
                                                    -----------
Net Cash Flow                                       ($2,965,088)
                                                    ===========

                       About Sharper Image

Based in San Francisco, California, Sharper Image Corp. --
http://www.sharperimage.com/-- is a multi-channel specialty
retailer.  It operates in three principal selling channels: the
Sharper Image specialty stores throughout the U.S., the Sharper
Image catalog and the Internet.  The company has operations in
Australia, Brazil and Mexico.  In addition, through its Brand
Licensing Division, it is also licensing the Sharper Image brand
to select third parties to allow them to sell Sharper Image
branded products in other channels of distribution.  

The company filed for Chapter 11 protection on Feb. 19, 2008
(Bankr. D.D., Case No. 08-10322).  Steven K. Kortanek, Esq. at
Womble, Carlyle, Sandridge & Rice, P.L.L.C. represents the Debtor
in its restructuring efforts.  An Official Committee of
UnsecuredCreditors has been appointed in the case.  When the
Debtor filed for bankruptcy, it listed total assets of
$251,500,000 and total debts of $199,000,000.  The Debtor's
exclusive plan filing period expires on June 18, 2008.  (Sharper
Image Bankruptcy News, Issue No. 9; Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000)


SHARPER IMAGE: Incurs $4,091,912 Net Loss in March 2008
-------------------------------------------------------

                       Sharper Image Corp.
                          Balance Sheet
                       As of March 31, 2008

ASSETS

Current assets:
   Unrestricted Cash and Equivalents                  ($186,124)
   Restricted Cash and Equivalents                            -
   Trade Accounts Receivable, net                     4,974,989
   Other Accounts Receivable                          3,625,006
   Notes Receivable                                           -
   Inventories                                       53,102,384
   Prepaid Expenses                                   5,153,974
   Professional Retainers                                     -
   Deferred Income Taxes/Prepaid Income Taxes        17,319,781
                                                    -----------
Total current assets                                 83,990,011

Property and Equipment:
   Real Property and Improvements                     2,926,573
   Machinery and Equipment                                    -
   Furniture, Fixtures and Office Equipment         127,511,342
   Leasehold Improvements                            52,118,827
   Vehicles                                                   -
   Work In Progress                                   3,197,403
   Less: Accum Depreciation                        (121,652,378)
                                                    -----------
Total Property and Equipment                         64,101,756

Other assets:
   Loans to Insiders                                          -
   Other Assets                                      14,701,141   
                                                    -----------
Total Assets                                       $162,792,918
                                                    ===========

LIABILITIES AND OWNER'S EQUITY

Liabilities not subject to Compromise (Post)
   Accounts Payable                                  (2,862,112)
   Taxes Payable                                     (1,240,814)
   Wages Payable                                     (5,517,508)
   Notes Payable                                              -
   Rent/Leases- Building/Equipment                     (563,266)
   Secured Debt - Line of credit                    (24,417,123)
   Other Reserves                                             -
   Liquidation (GOB Sales) Clearing Account         (12,093,695)
   Amounts Due to Insiders                                    -
   Other Postpetition Liabilities                             -
                                                    -----------
Total Postpetition Liabilities                      (46,694,519)
                        
Liabilities not subject to Compromise (Pre)
   Secured Debt - Line of credit                              0
   Secured Debt - other                              (6,600,382)
   Priority Debt                                              -
   Unsecured Debt (Accounts Payable)                (44,806,382)
   Expense Accruals and Other Liabilities           (11,888,165)
   Short Term Liabilities                            (3,554,215)
   Deferred (GAAP) rent/landlord allowances etc     (23,918,979)
   Deferred Tax (Liability)/Asset                    75,809,975
   Deferred Revenue (Gift cards and Royalties)      (37,196,814)
   Sales Returns/Chargebacks Reserves               (16,789,160)
                                                    -----------
Total Prepetition Liabilities                       (68,944,658)
                                                    -----------
Total Liabilities                                  (115,639,177)

Owner's Equity
   Capital Stock                                       (152,132)
   Additional Paid-In Capital                      (116,620,303)
   Deferred Stock Compensation
     and Stock Repurchase                               180,069
   Retained Earnings - Prepetition                   63,247,322
   Retained Earnings - Postpetition                   6,191,304
                                                    -----------
Net Owner's Equity                                  (47,153,740)
                                                    -----------
Total Liabilities and Owner's Equity              ($162,792,918)
                                                    ===========

                       Sharper Image Corp.
                     Statement of Operations
                  For Month Ended March 31, 2008

Revenues:
                                           
   Gross Revenues                                   $14,973,451
   Less: Returns and Allowances                       1,818,824  
                                                    -----------
   Net Revenue                                       13,154,627
   
Cost of Goods Sold:
   Beginning Inventory                                        -
   Add: Purchases                                             -
   Add: Cost of Labor                                         -
   Add: Other Costs (attach schedule)                         -
   Less: Ending Inventory                                     -
   Cost of Goods Sold                                 8,142,415
                                                    -----------
   Gross Profit                                       5,012,212

Operating Expenses:
   Advertising                                          829,596
   Auto and Truck Expense                                     -   
   Bad Debts                                             24,199
   Contributions                                              -     
   Employee Benefit Programs                            210,018
   Insider Compensations                                      -
   Insurance                                            237,992
   Management Fees/Bonuses                               94,638
   Office Expense                                             -
   Pension & Profit-Sharing Plans                             -
   Repairs and Maintenance                              171,579
   Rent and Lease Expense                             3,536,136
   Salaries/Commissions/Fees                          3,174,515
   Supplies                                              65,222
   Taxes- Payroll                                       272,289
   Taxes- Real Estate                                         -
   Taxes- Other                                          98,577
   Travel and Entertainment                              57,612   
   Utilities                                            199,299
   Other                                              1,448,974  
                                                    -----------
   Total Operating Expense Before Depr.              10,420,646

   Depreciation/Depletion/Amortization                  323,666
                                                    -----------
   Net Profit (Loss)
     Before Other Income & Expenses                  (5,732,100)

Other Income and Expenses:
   Licensing Income                                     303,068
   Interest Expense                                    (242,408)
   Other Expense                                            999
                                                    -----------
   Net Profit (Loss)
     Before Reorganization Items                     (5,670,441)

Reorganization Items:
   Professional Fees                                    972,273
   US Trustee Quarterly Fees                                  -
   Interest Earned on Accm Case                               -
   Gain (Loss) from sale of assets                            -
   Other Reorganization Expense                               -
                                                    -----------
   Total Reorganization Expenses                        972,273
                                                    -----------
   Net Profit (Loss)
     Before Income Taxes (Benefit)                   (6,642,714)
   Income Taxes (Benefit)                             2,550,802
                                                    -----------
   Net Profit (Loss)                                ($4,091,912)
                                                    ===========

                       Sharper Image Corp.
                     Statement of Cash Flows
                  For Month Ended March 31, 2008

Opening Balance                                      (1,981,397)

Receipts
   Cash Sales (from stores)                           2,204,184
   Credit Card Settlements                           11,373,145
   Other Settlements                                  1,433,008   
   Accounts Receivable                                  799,988
   Sale of Assets                                             -
   Interest/Divided Income                                  167
   Mail Order/License Deposits, Other Deposits        1,839,727
                                                    -----------
   Total Receipts                                    17,650,219

Transfers

   Line of Credit Draw/Pay Down                         291,146
   Transfers from stores to deposit a/c - sweep               -
   Transfers from concentration to refunds                    -
   Transfers from concentration to payroll                    -
   Other Inter-account transfers                              -
   Transfers from Concentration to Disbursement               -
                                                    -----------
   Total Transfers                                      291,146
                                                    -----------
   Total Receipts & Transfers                        17,941,365

Disbursements
   Liquidator Reimbursements                          2,749,183
   Net Payroll                                        2,767,092
   Payroll Taxes                                      1,130,671  
   401k                                                  74,599
   Employee Benefits                                    361,193  
   Sales, Use & Other Taxes                           1,058,568   
   Inventory Purchases                                1,833,021  
   Secured/Rental/Leases                              2,707,600
   Insurance                                                  -
   Administrative                                       728,944
   Selling                                              364,700     
   Bank/Credit Card Fees/Sales audit adjs                32,288
   Refund checks issued (net of stop payments)           69,894
   Other                                                      -
   Customs/Duties/Freight                             2,099,060  
   Interest and LC fees                                       -
   Professional Fees                                    169,278      
   US Trustee Quarterly Fees                                  -
   Court Costs                                                -
                                                    -----------
   Total Disbursements                               16,146,092
                                                    -----------
Net Cash Flow                                        $1,795,273
                                                    ===========

                       About Sharper Image

Based in San Francisco, California, Sharper Image Corp. --
http://www.sharperimage.com/-- is a multi-channel specialty
retailer.  It operates in three principal selling channels: the
Sharper Image specialty stores throughout the U.S., the Sharper
Image catalog and the Internet.  The company has operations in
Australia, Brazil and Mexico.  In addition, through its Brand
Licensing Division, it is also licensing the Sharper Image brand
to select third parties to allow them to sell Sharper Image
branded products in other channels of distribution.  

The company filed for Chapter 11 protection on Feb. 19, 2008
(Bankr. D.D., Case No. 08-10322).  Steven K. Kortanek, Esq. at
Womble, Carlyle, Sandridge & Rice, P.L.L.C. represents the Debtor
in its restructuring efforts.  An Official Committee of
UnsecuredCreditors has been appointed in the case.  When the
Debtor filed for bankruptcy, it listed total assets of
$251,500,000 and total debts of $199,000,000.  The Debtor's
exclusive plan filing period expires on June 18, 2008.  (Sharper
Image Bankruptcy News, Issue No. 9; Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000)


VESTA INSURANCE: Florida Select Files March 2008 Operating Report
-----------------------------------------------------------------
Florida Select Insurance Agency, debtor-affiliate of Vesta
Insurance Group Inc., submitted its monthly operating report for
March 2008.

                 Florida Select Insurance Agency
                        Income Statement
                   Month Ended March 31, 2008

Revenue from Total Sales                                     $0
Less:
   Cost of Sales                                              0
                                                   ------------
Gross Profit                                                  0

Less:
   Operating Expenses                                    23,845
                                                   ------------
Net Profit Operations                                   (23,845)


Non-Operating Income (Expenses)
   Interest Earned                                        5,507
   Miscellaneous Income                                       0
                                                  -------------
Net Profit (Loss)                                      ($18,338)
                                                   ============

                  Florida Select Insurance Agency
           Schedule of Cash Receipts and Disbursements
                    Month Ended March 31, 2008

Cash On Hand (Beginning)                             $2,039,908

Cash Receipts:
   Accounts Receivable                                        0
   Management Fees                                            0
   Loan Proceeds                                              0
   Sale of Property                                           0
   Interest Earned                                        5,507
   Miscellaneous Income                                       0
                                                   ------------
Total Receipts                                            5,507

Cash Disbursements:
   Business Disbursements Form BA-02(B)                  23,845
                                                   ------------
   Surplus Or Deficit                                  (18,338)
                                                   ------------
   Cash on Hand (End)                                $2,021,570
                                                   ============

                      About Vesta Insurance

Headquartered in Birmingham, Alabama, Vesta Insurance Group, Inc.
(Other OTC: VTAI.PK) -- http://www.vesta.com/-- is a holding
company for a group of insurance companies that primarily offer
property insurance in targeted states.

Wyatt R. Haskell, Luther S. Pate, UV, and Costa Brava Partnership
III, L.P., filed an involuntary chapter 7 petition against the
company on July 18, 2006 (Bankr. N.D. Ala. Case No. 06-02517).
The case was converted to a voluntary chapter 11 case on Aug. 8,
2006 (Bankr. N.D. Ala. Case No. 06-02517).  Eric W. Anderson,
Esq., at Parker Hudson Rainer & Dobbs, LLP, represents the Debtor.
R. Scott Williams, Esq., at Haskell Slaughter Young & Rediker,
LLC, represents the petitioning creditors.  In its schedules of
assets and liabilities, Vesta listed $14,919,938 in total assets
and $214,278,847 in total liabilities.

J. Gordon Gaines Inc. is a Vesta Insurance-owned unit that
manages the company's numerous insurance subsidiaries and employs
the headquarters workers.  The company filed for chapter 11
protection on Aug. 7, 2006 (Bankr. N.D. Ala. Case No. 06-02808).
Eric W. Anderson, Esq., at Parker Hudson Rainer & Dobbs, LLP,
represent the Debtor in its restructuring efforts.   In its
schedules of assets and liabilities, Gaines listed $19,818,094 in
total assets and $16,046,237 in total liabilities.

On Aug. 1, 2006, the District Court of Travis County, Texas
entered an order appointing the Texas Commissioner of Insurance
as Liquidator of Vesta Insurance's Texas-domiciled subsidiaries:
Vesta Fire Insurance Corporation; The Shelby Insurance Company;
Shelby Casualty Insurance Corporation; Texas Select Lloyds
Insurance Company; and Select Insurance Services, Inc.

Florida Select Insurance Agency Inc., an affiliate, filed for
chapter 11 protection on April 24, 2007 (Bankr. N.D. Ala. Case No.
07-01849).  Rufus Dorsey, IV, Esq., at Parker Hudson Rainer &
Dobbs LLP, represents Florida Select.  FSIA's exclusive period to
file a plan of reorganization expired Dec. 20, 2007.  (Vesta
Bankruptcy News, Issue No. 36; Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000)


WELLMAN INC: Posts $15,300,000 Net Loss in February 2008
--------------------------------------------------------

                           Wellman, Inc.
               Condensed Consolidated Balance Sheet
                            (Unaudited)
                     As of February 29, 2008

                              ASSETS

Current assets:
Cash & cash equivalents                              $3,100,000
Accounts receivable                                 130,700,000
Inventories                                          91,100,000
Prepaid expenses & other current assets              28,100,000
Current assets held for sale                                  -

Total current assets                                253,100,000

Property, plant, & equipment:
Land, buildings & improvements                       90,500,000
Machinery & equipment                               336,800,000
CIP                                                   6,000,000
                                                   ------------
                                                    433,200,000
Less accumulated depreciation                       192,800,000
                                                   ------------
Net property, plant & equipment                     240,400,000

Other assets                                          7,900,000
Noncurrent assets held for sale                               -
                                                   ------------
Total assets                                       $501,300,000

               LIABILITIES & STOCKHOLDERS' DEFICIT

Liabilities not subject to compromise
Current liabilities:
Accounts payable - trade                            $76,900,000
Accrued liabilities                                  15,800,000
Debtor in possession credit agreement               125,500,000
Other debt                                                    -
Current liabilities associated with assets
   held for sale                                              -
                                                   ------------
Total current liabilities                           218,200,000

First & Second Lien Debt                            448,300,000

Long-term debt                                                -
Deferred income taxes & other noncurrent
   liabilities                                       39,200,000
Noncurrent liabilities assoc. w/ assets
   held for sale                                              -
                                                   ------------
Total liabilities                                   705,700,000

Stockholders' Deficit:
Common stock                                                  -
Preferred stock                                     185,700,000
Paid-in capital                                     248,800,000
Common stock warrants                                 4,900,000
Accumulated other comprehensive loss                          -
Accumulated deficit                                (594,300,000)
Less common stock in treasury                       (49,500,000)
                                                   ------------
Total stockholders' deficit                        (204,400,000)
                                                   ------------
Total liabilities & stockholders' deficit          $501,300,000
                                                   ============

                           Wellman, Inc.
          Condensed Consolidated Statement of Operations
                            (Unaudited)
              For the Month Ended February 29, 2008

Net sales                                           $75,500,000
Cost of sales                                        77,800,000
                                                   ------------
Gross loss                                           (2,400,000)

Selling, general & administrative expenses            4,000,000
Other income                                            100,000
                                                   ------------
Operating loss                                       (6,400,000)

Interest expense, net                                 3,000,000
                                                   ------------
Loss from continuing operations
   before restructuring items & income taxes         (9,400,000)

Reorganization items, net                             5,900,000
                                                   ------------
Loss from continuing operations                     (15,300,000)
   before income taxes

Income tax expense                                            0
                                                   ------------
Loss from continuing operations                     (15,300,000)
Earnings from discontinued operations,                        0
   net of tax
                                                   ------------
Net loss                                           ($15,300,000)
                                                   ============

                           Wellman, Inc.
          Condensed Consolidated Statement of Cash Flows
                            (Unaudited)
              For the Month Ended February 29, 2008

Cash flow from operating activities:
Net loss                                           ($15,300,000)

Adjustments to reconcile net earnings (loss) to
   net cash used in operating activities:
Loss from discontinued operations, net of tax                 0
Depreciation                                          1,000,000
Amortization                                          1,400,000
Amortization in interest expense                        100,000
Deferred taxes on income                                      0
Reorganization items                                  5,900,000
Payment of reorganization items                      (5,900,000)

Changes in assets and liabilities:
Accounts receivable                                   1,800,000
Inventories                                          12,100,000
Prepaid expenses and other current assets             1,400,000
Other assets                                                  0
Accounts payable and accrued liabilities             10,200,000
Other liabilities                                             0
Other                                                         0
                                                   ------------
Net cash used by operating activities                (7,800,000)

Cash flows from investing activities:
Additions to property, plant and equipment (net)       (200,000)
                                                   ------------
Net cash used by investing activities                  (200,000)

Cash flows from financing activities:
Borrowings (Repayments) of long-term debt            14,500,000
Dividends paid on common stock                                0
Debt and equity issuance costs                       (3,900,000)
                                                   ------------
Net cash provided (used) by financing activities     10,600,000

Discontinued Operations:
Operating activities                                          0
Investing activities                                          0
Financing activities                                          0
                                                   ------------
Net cash provided (used) by discontinued
   operations                                                 0
                                                   ------------
Increase (decrease) in cash and cash                  2,600,000
   equivalents

Cash and cash equivalents, beginning                    500,000
                                                   ------------
Cash and cash equivalents, end                       $3,100,000
                                                   ============

Wellman, Inc., filed the MOR with the Court.  A copy of the MOR
is available for free at:

           http://bankrupt.com/misc/Wellman_MORFeb08.pdf

                           About Wellman

Headquartered in Fort Mill, South Carolina, Wellman Inc. --
http://www.wellmaninc.com/-- manufactures and markets packaging  
and engineering resins used in food and beverage packaging,
apparel, home furnishings and automobiles.  They manufacture
resins and polyester staple fiber a three major production
facilities.

The company and its debtor-affiliates filed for Chapter 11
protection on Feb. 22, 2008 (Bankr. S.D. N.Y. Case No. 08-10595).   
Jonathan S. Henes, Esq., at Kirkland & Ellis, LLP, in New York
City, represents the Debtors.

Wellman Inc., in its bankruptcy petition, listed total assets
of $124,277,177 and total liabilities of $600,084,885, as of
Dec. 31, 2007, on a stand-alone basis.  Debtor-affiliate ALG,
Inc., listed assets between $500 million and $1 billion on a
stand-alone basis at the time of the bankruptcy filing.  
Debtor-affiliates Fiber Industries Inc., Prince Inc., and
Wellman of Mississippi Inc., listed assets between $100 million
and $500 million at the time of their bankruptcy filings.  On a
consolidated basis, Wellman Inc., and its debtor-affiliates
listed $498,867,323 in assets and $684,221,655 in liabilities as
of Jan. 31, 2008.  The Debtors exclusive plan filing period
expires on June 21, 2008.  (Wellman Bankruptcy News, Issue No. 12;
Bankruptcy Creditors' Service Inc., http://bankrupt.com/newsstand/
or 215/945-7000)


WELLMAN INC: Posts $2,400,000 Net Loss in March 2008
----------------------------------------------------

                           Wellman, Inc.
               Condensed Consolidated Balance Sheet
                            (Unaudited)
                       As of March 31, 2008

                              ASSETS

Current assets:
Cash & cash equivalents                              $1,300,000
Accounts receivable                                 135,300,000
Inventories                                          85,200,000
Prepaid expenses & other current assets              25,400,000
Current assets held for sale                                  -
                                                   ------------
Total current assets                                247,200,000

"Property, plant, & equipment:
Land, buildings & improvements                       90,500,000
Machinery & equipment                               336,900,000
CIP                                                   6,300,000
                                                   ------------
                                                    433,700,000
Less accumulated depreciation                       193,900,000
                                                   ------------
Net property, plant & equipment                     239,800,000

Other assets                                         10,700,000
Noncurrent assets held for sale                               -
                                                   ------------
Total assets                                       $497,700,000
                                                   ============

               LIABILITIES & STOCKHOLDERS' DEFICIT

Liabilities not subject to compromise
Current liabilities:
Accounts payable - trade                            $71,000,000
Accrued liabilities                                  21,300,000
Debtor in possession credit agreement               124,900,000
Other debt                                                    -
Current liabilities associated with assets
   held for sale                                              -
                                                   ------------
Total current liabilities                           217,200,000

First & Second Lien Debt                            448,300,000

Long-term debt                                                -
Deferred income taxes & other noncurrent             
   liabilities                                       39,300,000    
Noncurrent liabilities assoc. w/ assets
   held for sale                                              -
                                                   ------------
Total liabilities                                   704,700,000

Stockholders' Deficit:
Common stock                                                  -
Preferred stock                                     185,700,000
Paid-in capital                                     248,500,000
Common stock warrants                                 4,900,000
Accumulated other comprehensive loss                          -
Accumulated deficit                                (596,700,000)
Less common stock in treasury                       (49,500,000)
                                                   ------------
Total stockholders' deficit                        (207,100,000)
                                                   ------------
Total liabilities & stockholders' deficit          $497,700,000
                                                   ============

                           Wellman, Inc.
          Condensed Consolidated Statement of Operations
                            (Unaudited)
               For the Month Ended March 31, 2008

Net sales                                           $86,600,000
Cost of sales                                        82,600,000
                                                   ------------
Gross profit                                          4,000,000

Selling, general & administrative expenses            2,700,000
Other income                                                  0
                                                   ------------
Operating loss                                        1,300,000

Interest expense, net                                   900,000
                                                   ------------
Loss from continuing operations                         400,000
   before restructuring items & income taxes

Reorganization items, net                             2,800,000
                                                   ------------
Loss from continuing operations                      (2,400,000)
   before income taxes

Income tax expense                                            0
                                                   ------------
Loss from continuing operations                      (2,400,000)
Earnings from discontinued operations,                        0
   net of tax
                                                   ------------
Net loss                                            ($2,400,000)
                                                   ============

                           Wellman, Inc.
          Condensed Consolidated Statement of Cash Flows
                            (Unaudited)
                For the Month Ended March 31, 2008

Cash flow from operating activities:
Net loss                                            ($2,400,000)

Adjustments to reconcile net earnings (loss) to
   net cash used in operating activities:
Loss from discontinued operations, net of tax                 0
Depreciation                                          1,000,000
Amortization                                          1,400,000
Amortization in interest expense                              0
Deferred taxes on income                                      0
Reorganization items                                  2,800,000
Payment of reorganization items                      (2,800,000)

Changes in assets and liabilities:
Accounts receivable                                  (4,700,000)
Inventories                                           6,000,000
Prepaid expenses and other current assets            (1,100,000)
Other assets                                           (200,000)
Accounts payable and accrued liabilities               (500,000)
Other liabilities                                      (300,000)
Other                                                         0
                                                   ------------
Net cash used by operating activities                  (800,000)

Cash flows from investing activities:
Additions to property, plant and equipment (net)       (400,000)
                                                   ------------
Net cash used by investing activities                  (400,000)

Cash flows from financing activities:
Borrowings (Repayments) of long-term debt              (600,000)
Dividends paid on common stock                                0
Debt and equity issuance costs                                0
                                                   ------------
Net cash provided (used) by financing activities       (600,000)

Discontinued Operations:
Operating activities                                          0
Investing activities                                          0
Financing activities                                          0
                                                   ------------
Net cash provided (used) by discontinued                      0
   operations
                                                   ------------
Increase (decrease) in cash and cash                 (1,800,000)
   equivalents

Cash and cash equivalents, beginning                  3,100,000
                                                   ------------
Cash and cash equivalents, end                       $1,300,000
                                                   ============

Wellman filed the monthly operating report with the Court.  A
copy of the MOR is available for free at:

     http://bankrupt.com/misc/WellmanMORMarch08.pdf

The figures presented in the MOR's Balance Sheet slightly differ
from those in the balance sheet in the Form 10-Q filed with the
Securities and Exchange Commission.  The Form 10-Q, which was
filed on the same date as the MOR, provides that as of March 31,
2008, Wellman had assets of $511,700,000, and debts of
$718,700,000, of which $531,100,000 is subject to compromise.

                           About Wellman

Headquartered in Fort Mill, South Carolina, Wellman Inc. --
http://www.wellmaninc.com/-- manufactures and markets packaging  
and engineering resins used in food and beverage packaging,
apparel, home furnishings and automobiles.  They manufacture
resins and polyester staple fiber a three major production
facilities.

The company and its debtor-affiliates filed for Chapter 11
protection on Feb. 22, 2008 (Bankr. S.D. N.Y. Case No. 08-10595).   
Jonathan S. Henes, Esq., at Kirkland & Ellis, LLP, in New York
City, represents the Debtors.

Wellman Inc., in its bankruptcy petition, listed total assets
of $124,277,177 and total liabilities of $600,084,885, as of
Dec. 31, 2007, on a stand-alone basis.  Debtor-affiliate ALG,
Inc., listed assets between $500 million and $1 billion on a
stand-alone basis at the time of the bankruptcy filing.  
Debtor-affiliates Fiber Industries Inc., Prince Inc., and
Wellman of Mississippi Inc., listed assets between $100 million
and $500 million at the time of their bankruptcy filings.  On a
consolidated basis, Wellman Inc., and its debtor-affiliates
listed $498,867,323 in assets and $684,221,655 in liabilities as
of Jan. 31, 2008.  The Debtors exclusive plan filing period
expires on June 21, 2008.  (Wellman Bankruptcy News, Issue No. 12;
Bankruptcy Creditors' Service Inc., http://bankrupt.com/newsstand/
or 215/945-7000)

                             *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.  
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
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related conferences are encouraged.  Send announcements to
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On Thursdays, the TCR delivers a list of recently filed chapter 11
cases involving less than $1,000,000 in assets and liabilities
delivered to nation's bankruptcy courts.  The list includes links
to freely downloadable images of these small-dollar petitions in
Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
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Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                             *********

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., Frederick, Maryland,
USA.  Shimero R. Jainga, Ronald C. Sy, Joel Anthony G. Lopez,
Cecil R. Villacampa, Melanie C. Pador, Ludivino Q. Climaco, Jr.,
Loyda I. Nartatez, Tara Marie A. Martin, Philline P. Reluya,
Joseph Medel C. Martirez, Ma. Cristina I. Canson, Christopher G.
Patalinghug, and Peter A. Chapman, Editors.

Copyright 2008.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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re-mailing and photocopying) is strictly prohibited without prior
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                    *** End of Transmission ***