TCR_Public/150825.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, August 25, 2015, Vol. 19, No. 237

                            Headlines

99 CENTS: Bank Debt Trades at 5% Off
ALLIANCE ONE: May Issue 560,000 Shares Under Incentive Plan
ALLONHILL LLC: Files Ch. 11 Plan Following Sale of Assets
AMERICAN APPAREL: Standard General Reports 0.9% Equity Stake
AMERICAN EAGLE ENERGY: Panel, Others Object to Proposed Asset Sale

AMERICAN LIBERTY: Dismissal of Chapter 11 Case Sought
AMERICAN MEDIA: Reports First Quarter Fiscal Year 2016 Results
AMSCO STEEL: Section 341 Meeting Scheduled for October 9
ANACOR PHARMACEUTICALS: Petitions Filed to Invalidate Patents
ARCH COAL INC: Bank Debt Trades at 43% Off

ARMETTA LLC: Files for Chapter 11 Bankruptcy Protection
ARRAY BIOPHARMA: May Issue 600,000 Common Shares Under Stock Plan
ARRAY BIOPHARMA: Posts $9.4 Million Net Income for Fiscal 2015
ATLANTIC & PACIFIC: Judge Approves Sale of Pharmacy Assets
BBB INDUSTRIES: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable

BG MEDICINE: Empery Asset Reports 9.5% Equity Stake
BOOMERANG SYSTEMS: Delays Q2 Form 10-Q for Review
BR ENTERPRISES: Wants Plan Exclusivity Period Extended to Nov. 25
BRAND ENERGY: Bank Debt Trades at 4% Off
CAESARS ENT: Enters Into Bank Restructuring Support Agreement

CAESARS ENTERTAINMENT INC: 2017 Bank Debt Trades at 14% Off
CAESARS ENTERTAINMENT INC: 2020 Bank Debt Trades at 5% Off
CAESARS ENTERTAINMENT: General Counsel Gets $200K Retention Bonus
CAESARS ENTERTAINMENT: Plan for Unit Has Top Lender Support
CAESARS ENTERTAINMENT: Pushes Ch. 11 Plan Ahead with Lender Support

CANCER GENETICS: Finalizes APA with Response Genetics
CATASYS INC: Reports Second Quarter 2015 Financial Results
CLIFFS NATURAL: May Issue 10 Million Shares Under 2015 Stock Plan
COATES INTERNATIONAL: Signs Conv. Note Facility with Investor
CONTINENTAL BUILDING: Moody's Raises CFR to B1, Outlook Positive

CORINTHIAN COLLEGES: ED Wants Investigation Deadline Extended
CORINTHIAN COLLEGES: Panel Investigation Termination Date Extended
DOMARK INTERNATIONAL: Announces Change of Control
DOMARK INTERNATIONAL: Terminates Form S-8 Prospectus
DUNE ENERGY: Sept. 17 Hearing on Plan and Disclosure Statement

ENERGY FUTURE: Dec. 14 Asbestos Claims Bar Date Set
ERF WIRELESS: Accepts Resignation of Interim CFO
ESTERLINA VINEYARDS: Section 341 Meeting Set for Sept. 18
FILMED ENTERTAINMENT: Gets Court Approval to Hire Prime Clerk
FILMED ENTERTAINMENT: Has Until Sept. 8 to File Schedules

FILMED ENTERTAINMENT: Obtains Court Order Enforcing Automatic Stay
FINANCIAL HOLDINGS: Gets Final Approval to Obtain $70K Loan
FLOATEL INTERNATIONAL: Bank Debt Trades at 25% Off
FORTESCUE METALS: Bank Debt Trades at 18% Off
FRAC TECH: Bank Debt Trades at 33% Off

FRANK NAZAR: Shuts Down Gino's Surf Banquet Hall & Luna Kai Bar
FRESH PRODUCE: Has Until August 24 to Decide on 7 Leases
FRONTIER COMMUNICATIONS: Moody's Rates Sr. Secured Term Loan Ba2
GELTECH SOLUTIONS: Issues $200,000 Convertible Note to Mr. Reger
GENERAL STEEL: Posts $1 Billion Net Loss for Second Quarter

GENIUS BRANDS: Files Preliminary Form S-1 Prospectus with SEC
GLYECO INC: Elects Varengo's Charles Trapp as Director
GLYECO INC: Reports Fiscal Second Quarter Financial Results
GT ADVANCED: Aristeia, Latigo, New Generation Among DIP Lenders
GT ADVANCED: Shareholders Fail to Show Panel Necessary, UST Says

GUIDED THERAPEUTICS: Advances LuViva PMA Application with FDA
GUIDED THERAPEUTICS: Submits Plan to Boost Cancer Screening Rates
GULFMARK OFFSHORE: S&P Cuts Corp. Credit Rating to 'B-'
HILLVIEW, KY: S&P Lowers Rating on GO Debt to 'B-'
IMH FINANCIAL: Reports Second Quarter 2015 Results

INSITE VISION: Considers Unsolicited Purchase Proposal Superior
IRONSTONE GROUP: Incurs $66,000 Net Loss in Second Quarter
ISTAR FINANCIAL: Changes Name to "iStar Inc."
ITUS CORPORATION: Incurs $1.6 Million Net Loss in June 30 Qtr.
J. CREW: Bank Debt Trades at 18% Off

KATANGIAN INVESTMENT: Voluntary Chapter 11 Case Summary
KB HOME: Fitch Affirms 'B+' IDR & Sr. Unsecured Rating
KU6 MEDIA: Fails to Comply with Nasdaq's Minimum Bid Price Rule
LIME ENERGY: May Issue 178,575 Common Shares Under Incentive Plan
LUCA INTERNATIONAL: Gets Approval to Hire CRO, Financial Adviser

M. JULIA HOOK: 10th Circ. Affirms Dismissal of Tax Suit
MCCLATCHY CO: Announces Stock Repurchase Program
MEDICURE INC: Elliott International Reports 10.4% Equity Stake
MIDSTATES PETROLEUM: Fails to Comply with NYSE Listing Standard
N&H INVESTMENTS: 2 Suits on Hold Pending Dismissal Bid Ruling

NET TALK.COM: Amends Second Quarterly Form 10-Q
NET TALK.COM: Incurs $1 Million Net Loss in Second Quarter
NIRVANA INC: Harris Beach Files Rule 2019 Statement
OPTIM ENERGY: Proposes Sept. 9 Disclosure Statement Hearing
OXYSURE SYSTEMS: Incurs $1.2 Million Net Loss in Second Quarter

PATRIOT COAL: Tavenner & Beran Okayed as Committee's Local Counsel
PEABODY ENERGY: Bank Debt Trades at 24% Off
PHOTOMEDEX INC: No!No! Hair Breaks Sales Record in UK
PRESCOTT VALLEY EVENTS: Section 341 Meeting Set for Sept. 22
PRESSURE BIOSCIENCES: Transfers 1MM Restricted Shares to Everest

QUALITY DISTRIBUTION: Trustee Releases Liens Securing Notes
RELATIVITY FASHION: Has Interim OK to Pay Prepetition Residuals
RETROPHIN INC: May Issue 4.2 Million Shares Under Incentive Plan
SAINT MICHAEL'S MEDICAL: Gets Court Approval to Hire Prime Clerk
SAINT MICHAEL'S MEDICAL: Judge Orders Appointment of Ombudsman

SALADWORKS LLC: Plan Filing Exclusivity Extended to Sept. 17
SANDY CREEK: Bank Debt Trades at 2% Off
SANDY CREEK: Moody's Affirms Ba3 Sr. Sec. Rating, Outlook Negative
SANTA CLARA CITY: Moody's Affirms Ba1 Rating on 2006 Revenue Bonds
SEADRILL LTD: Bank Debt Trades at 27% Off

SEITEL INC: S&P Cuts Corp. Credit Rating to 'B-', Outlook Negative
SERVICEMASTER CO: S&P Raises Corp. Credit Rating to 'B+'
SIDEWINDER DRILLING: Moody's Lowers CFR to Caa3, Outlook Negative
SIGNAL INT'L: EJC, Bayard File Rule 2019 Statement
SIGNAL INT'L: Gets Approval to Borrow $4-Mil. from Pension Funds

SIGNAL INT'L: Latham, Bayard File Rule 2019 Statement
SIGNAL INT'L: Manatt, Bayard File Rule 2019 Statement
SIGNAL INT'L: Wants Authority to Assume Plan Support Agreement
SKYMALL LLC: Obtains Court Confirmation of Liquidation Plan
STEARNS HOLDINGS: S&P Puts 'B+' Issuer Credit Rating on Watch Neg

TECHNOLOGY GROUP: "Jegen" Suit Remanded to Bankruptcy Court
TERVITA CORP: Bank Debt Trades at 11% Off
THORNTON & CO: Section 341 Meeting Scheduled for Sept. 4
TN-K ENERGY: Incurs $77,000 Net Loss in March 31 Quarter
TRANS-LUX CORP: Amends Preliminary Prospectus with SEC

TRANSGENOMIC INC: Files Amendment 2 to 2014 Annual Report
TRONOX INC: Bank Debt Trades at 4% Off
VERSO PAPER: Extends Exchange Offers Expiration Date
VERSO PAPER: Facility Closure to Strain Liquidity, Moody's Says
VERTICAL COMPUTER: Posts $961,000 Net Loss for Second Quarter

VIRTUAL PIGGY: Issues $100,100 Promissory Note
VISANT HOLDING: S&P Revises Outlook to Neg. & Affirms 'B' CCR
VISUALANT INC: Issues 22,980 Common Shares
VUZIX CORP: Provides Business Update and Q2 2015 Operating Results
WESCO AIRCRAFT: S&P Lowers Corp Credit Rating to B+, Outlook Stable

WEST COAST: Wants Authority to Use Cash Until August 31
WPCS INTERNATIONAL: Completes Sale of Interest in China Operations
ZUCKER GOLDBERG: Gets Approval to Hire BMC as Balloting Agent
ZUCKER GOLDBERG: May Make Payments to Corelogic
[^] Large Companies with Insolvent Balance Sheet


                            *********

99 CENTS: Bank Debt Trades at 5% Off
------------------------------------
Participations in a syndicated loan under which 99 Cents Only Store
is a borrower traded in the secondary market at 94.94
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents a decrease of 0.42 percentage points from
the previous week, The Journal relates.  99 Cents pays 350 basis
points above LIBOR to borrow under the facility.  The bank loan
matures on January 13, 2019. Moody's rates the loan 'B2' and
Standard & Poor's gave a 'B' rating to the loan.  The loan is one
of the biggest gainers and losers among 259 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, August 7.


ALLIANCE ONE: May Issue 560,000 Shares Under Incentive Plan
-----------------------------------------------------------
Alliance One International, Inc., filed with the Securities and
Exchange Commission a Form S-8 registration statement for the
purpose of registering 560,000 additional shares of common stock of
the Company issuable under its Amended and Restated 2007 Incentive
Plan.  The proposed maximum aggregate offering price is $11.8
million.  A copy of the prospectus is available for free at:

                        http://is.gd/GilBnD

                         About Alliance One

Alliance One International is a leading global independent leaf
merchant.  Visit the Company's Web site at http://www.aointl.com/

Alliance One reported a net loss of $15.6 million on $2.10 billion
of sales and other operating revenues for the year ended March 31,
2015, compared to a net loss of $87 million on $2.3 billion of
sales and other operating revenues for the year ended March 31,
2014.

As of June 30, 2015, the Company had $1.8 billion in total assets,
$1.6 billion in total liabilities and $217.6 million in total
equity.

                            *    *    *

As reported by the TCR on Feb. 12, 2015, Moody's Investor Service
downgraded the Corporate Family Rating of Alliance One
International, Inc. (AOI) to Caa1 from B3.  The downgrade of AOI's
CFR to Caa1 reflects Moody's expectation that credit metrics will
remain weak over the next 12 - 18 months.

The TCR reported on April 13, 2015, that Standard & Poor's Ratings
Services lowered its corporate credit rating on Morrisville,
N.C.-based Alliance One International Inc. to 'CCC+' from 'B-'.


ALLONHILL LLC: Files Ch. 11 Plan Following Sale of Assets
---------------------------------------------------------
Allonhill, LLC, filed with the U.S. Bankruptcy Court for the
District of Delaware a Chapter 11 Plan of Reorganization and
accompanying disclosure statement following the sale of
substantially all of its assets to Stewart Lender Services, Inc.

The Plan contemplates reorganization of the Debtor as the
Reorganized Debtor, the cancellation of existing Class A membership
interests in the Debtor and reissuance of common interests by the
Reorganized Debtor to the Debtor's Class A members.  Class C
membership interests in the Debtor will be cancelled and the
holders thereof are entitled under the Plan to payment of the value
of their interests in pro rata proportion, subject to the
priorities provided for in the Plan; more specifically, after
satisfaction in full of the Claims of Creditors of all prior
Classes and subject to and in accordance with the Debtor's
Operating Agreement.

The funds necessary for execution of the Plan will be provided by
the liquidation of the remaining assets of the Debtor, including
the successful prosecution of any Causes of Action, which will be
preserved by the Plan and held, investigated and prosecuted by the
Reorganized Debtor, by the release of the SLS Escrow and by
Contributions to be made by the Debtor's Principals.

A hearing will be held on Sept. 24, 2015, at 3:00 p.m., prevailing
Eastern Time, to consider entry of an order finding that the
Disclosure Statement contains "adequate information" within the
meaning contained in Section 1125 of the Bankruptcy Code.
Responses or objections to the approval of the Disclosure Statement
must be filed on or before Sept. 17.  If no objection or other
response to the Disclosure Statement is timely filed, the Court may
enter an order approving the Disclosure Statement without further
notice or a hearing.

A full-text copy of the Disclosure Statement is available at
http://bankrupt.com/misc/ALLONHILLds0817.pdf

                     About Allonhill LLC

Allonhill LLC, a professional services firm based in Denver,
Colorado, that previously provided loan due diligence and credit
risk management services for institutions that invest in, sell,
securitize or service mortgage loans, sought protection under
Chapter 11 of the Bankruptcy Code on March 26, 2014.  The case is
In re Allonhill, LLC, Case No. 14-bk-10663 (Bankr. D. Del.).

The Debtor's General Counsel is HOGAN LOVELLS US LLP.  The Debtor's
Local Counsel is Neil B. Glassman, Esq., Justin R. Alberto, Esq.,
and Evan T. Miller, Esq., at BAYARD, P.A., in Wilmington, Delaware.
Upshot Services LLC serves as the Debtor's Claims and Noticing
Agent.

The Debtor disclosed $19,205,062 in assets and $32,918,294 in
liabilities as of the Chapter 11 filing.

Roberta A. DeAngelis, U.S. Trustee for Region 3, notified the
Bankruptcy Court that she was unable to appoint an official
committee of unsecured creditors in the case of Allonhill, LLC.
The U.S. Trustee said there were insufficient response to the
communication/contact for service on the committee.


AMERICAN APPAREL: Standard General Reports 0.9% Equity Stake
------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Standard General L.P. that as of Aug. 17, 2015, it
beneficially owned 1,540,000 shares of common stock of American
Apparel, Inc., which represents 0.9 percent of the shares
outstanding.

On Aug. 17, 2015, Capital One Business Credit Corp. assigned its
rights and obligations as a lender under the Company's $50 million
asset-backed credit facility with Capital One to a syndicate of
lenders that included certain of the Company's existing creditors,
including Reporting Persons.  Wilmington Trust, National
Association also replaced Capital One as administrative agent.
Additionally, on Aug. 17, 2015, the Capital One Credit Facility was
amended by the Company, the new syndicate of lenders (including
Reporting Persons) and Wilmington Trust.

The Company, on Aug. 17, 2015, entered into Amendment No. 3 to the
Credit Agreement, dated as of May 22, 2013, among the Company and
the Master Fund as lender.  Amendment No. 3 amends certain
provisions of the Standard General Loan Agreement to permit
transactions contemplated by the Wilmington Trust Credit Facility
and provides for the payment of consent fees and certain releases
and equity registration rights in favor of the Reporting Persons.

A full-text copy of the regulatory filing is available at:

                        http://is.gd/6YXKIK

                      About American Apparel

American Apparel is a vertically-integrated manufacturer,
distributor, and retailer of branded fashion basic apparel based
in downtown Los Angeles, California.  As of Sept. 30, 2014,
American Apparel had approximately 10,000 employees and operated
245 retail stores in 20 countries including the United States and
Canada.  American Apparel also operates a global e-commerce site
that serves over 60 countries worldwide at
http://www.americanapparel.com. In addition, American Apparel


operates a leading wholesale business that supplies high quality
T-shirts and other casual wear to distributors and screen
printers.

Amid liquidity problems and declining sales, American Apparel in
early 2011 reportedly tapped law firm Skadden, Arps, Slate,
Meagher & Flom and investment bank Rothschild Inc. for advice on a
restructuring.

In April 2011, American Apparel said it raised $14.9 million in
rescue financing from a group of investors led by Canadian
financier Michael Serruya and private equity firm Delavaco Capital
Corp., allowing the casual clothing retailer to meet obligations
to its lenders for the time being.  Under the deal, the investors
were buying 15.8 million shares of common stock at 90 cents
apiece.  The deal allows the investors to purchase additional
27.4 million shares at the same price.

American Apparel reported a net loss of $68.8 million in 2014, a
net loss of $106 million in 2013 and a net loss of $37.3
million in 2012.

As of March 31, 2015, the Company had $271 million in total
assets, $416 million in total liabilities and a $144 million total
stockholders' deficit.

                           *     *     *

Troubled Company Reporter , Aug 14, 2015 ( Source: TCR)

Moody's Investors Service downgraded ratings of American Apparel,
Inc., including the Corporate Family rating, which was downgraded
to Caa3 from Caa2, and left the ratings on review for further
downgrade.

The TCR reported on Nov. 21, 2013, that Moody's Investors Service
downgraded American Apparel Inc.'s corporate family rating to
Caa2.  The clothing retailer's probability of default was also
lowered one level and the outlook is negative.

As reported by the TCR on Sept. 2, 2014, Standard & Poor's Ratings
Services lowered its corporate credit rating on Los Angeles-based
American Apparel Inc. to 'CCC-' from 'CCC'.  The outlook is
negative.


AMERICAN EAGLE ENERGY: Panel, Others Object to Proposed Asset Sale
------------------------------------------------------------------
BankruptcyData reports that multiple parties -- including the
Office of Natural Resources Revenue, Miller Oil Company,
Halliburton Energy Services, Jacam Chemical, the official committee
of unsecured creditors, Murex Petroleum Corporation, Crescent Point
Energy U.S. and Power Crude Transport -- filed with the U.S.
Bankruptcy Court separate objections to American Eagle Energy's
motion for entry of order approving the sale of assets and granting
related relief.

According to the report, the official committee of unsecured
creditors asserts, "It is clear that this case was filed in order
to enable the Noteholders to use this Court as a vehicle to conduct
a private foreclose sale on the Debtors' assets that would
otherwise have to be accomplished through compliance with the
technical and due process requirements of a North Dakota judicial
foreclosure Proceeding, subject to the attendant delay and
uncertainty of all contested litigation. . . .  In other words, the
Noteholders must provide some meaningful premium in order to use
the bankruptcy court as a substitute mechanism to obtain the
Debtors' assets compared to the requirements that would otherwise
be afforded to creditors under state law in order to accomplish the
same objective. . . . The Noteholder Response is clearly a slap in
the face to the Committee and to this Court. The Noteholder
Response contemplates only that unsecured creditors sue themselves
for preferences and divide the net proceeds (in which proceeds the
Noteholders do not have a security interest) that will mostly inure
to the benefit of the Noteholders under Ad Hoc Group's proposed
sharing arrangement. . . .  The fact that the Noteholders have
belatedly realized the bid chilling effect of their unlimited
credit bid rights at the end stage of the sale process is too
little too late in terms of attracting bidders to invest the
necessary due diligence to prepare and submit a competing bid by
the September 2, 2015 bid deadline. Moreover, the Noteholders still
refuse to cap their credit bid and retain the ability to increase
their now-reduced opening bid up to the full amount of the
Noteholders' alleged claim. This will likely have the same chilling
effects on the Debtors' flawed sale process in terms of attracting
competing offers to ascertain the fair market value of the Debtors'
assets, and only serves to increase the amount of any deficiency
claim."

As reported by the Troubled Company Reporter on Aug. 19, 2015, the
Bankruptcy Court in Colorado has authorized American Eagle Energy
to enter into a stalking horse purchase agreement with an ad hoc
group of bondholders, approved bidding and auction procedures in
connection with the sale of the assets, and established a sale
hearing date, which is currently set for Sept. 10, 2015.

In July 2015, less than three months after the Petition Date,
American Eagle Energy agreed to terms with four bondholders, who
collectively own or manage in excess of 50% of the par value of the
Bonds to enter into an agreement related to the proposed sale of
substantially all of the Company's oil and gas properties and
related assets for $70 million. On July 23, 2015, the Bankruptcy
Court approved the order authorizing the entry into the Stalking
Horse Purchase Agreement, approved the bidding and auction
procedures in connection with the sale of the assets, and
established the sale hearing date.

Upon the entry by the Bankruptcy Court of such order, the parties
contemporaneously entered into the Stalking Horse Purchase
Agreement.

"With the assistance of our financial advisors, we will solicit
additional qualified bids for these assets, consistent with the
bidding and auction procedures approved by the Bankruptcy Court. A
qualified bid is one that is not less than $250,000 in excess of
the $70 million stalking horse bid. The deadline for submitting
qualifying bids is September 2, 2015," the Company said.

                    About American Eagle Energy

Littleton, Colorado-based American Eagle Energy Corporation is
engaged in the acquisition, exploration and development of oil and
gas properties.  The Company is primarily focused on extracting
proved oil reserves from those properties.

American Eagle Energy Corporation and its wholly-owned subsidiary,
AMZG, Inc., filed on May 8, 2015, voluntary petitions (Bankr. D.
Colo., Case No. 15-15073).  The case is assigned to Judge Howard
R.
Tallman.  On May 13, 2015, Judge Tallman granted the Debtors'
request for joint administration.

On May 11, 2015, the Company received notice from the NYSE MKT LLC
that the NYSE MKT had suspended the Company's common stock from
trading immediately and determined to commence proceedings to
delist the Company's common stock. Prior to being delisted, the
Company's common stock traded on the NYSE MKT under the trading
symbol "AMZG."  On May 12, the Company's common stock commenced
trading over-the-counter on the OTC Markets Group Inc.'s OTC
Pink(R) marketplace, under the trading symbol "AMZGQ".

The Debtors are represented by Elizabeth A. Green, Esq., at Baker
&
Hostetler LLP, in Orlando, Florida.

The U.S. Trustee has appointed an official committee of unsecured
creditors.


AMERICAN LIBERTY: Dismissal of Chapter 11 Case Sought
-----------------------------------------------------
One of the Wynne brothers who formed the general partner of
American Liberty Oil Company LP asked a federal judge to dismiss
the company's Chapter 11 case.

In his motion, James Wynne asked U.S. Bankruptcy Judge Stacey
Jernigan to dismiss the case, saying it was filed by an "alleged
manager" of American Liberty Oil Company, LLC who did not have
authority to file the case.

Mr. Wynne also said the company "has no likelihood of
rehabilitation because the chief goal of the bankruptcy is to incur
debt."

"The filing of the current bankruptcy was done in bad faith in
attempt by debtor to obtain an alternative forum for pending state
court lawsuits and proceedings to debtor's benefit," Mr. Wynne
further said in the court filing.

                      About American Liberty

Kaufman, Texas-based American Liberty Oil Company, LP filed a
Chapter 11 bankruptcy petition (Bankr. N.D. Tex. Case No. 15-32019)
on May 6, 2015.  The petition was signed by Wreno S. Wynne, Jr., as
managing partner of ALOC LLC.  

The Hon. Stacey G. Jernigan presides over the case.  Quilling,
Selander, Lownds, Winslett & Moser, P.C., serves as the Debtor's
counsel.


AMERICAN MEDIA: Reports First Quarter Fiscal Year 2016 Results
--------------------------------------------------------------
American Media, Inc., disclosed that:

  * Company posted revenues of $56.1 million and Adjusted EBITDA
    of $17.2 million for the first quarter of FY 2016.

  * True cash EBITDA is $15.2 million for the first quarter of FY
    2016, which is $5.1 million, or 50%, higher than the prior
    year period.

* Investment highlights are no future digital investments
   required after spending $48 million over the last 7 years.

* Newsstand unit sales have stabilized for the celebrity market
   over the last 48 consecutive weeks.

* Chairman, President and CEO David Pecker reconfirmed Full
   Fiscal Year 2016 guidance of $230 to $235 million of Revenue
   and $80 to $85 million of Adjusted EBITDA resulting in $25 to
   $30 million of free cash flow.

Mr. Pecker said, "Our first quarter results show how successful we
have been in extending our brands and content across multiple
platforms.  Our six point strategy for digital growth, the stable
sales our celebrity titles are experiencing on the newsstand and
the outstanding performance of Men's Fitness all provide a solid
foundation for AMI's future."

Traffic growth has been the driving force behind AMI's digital
advertising revenue of $3.4 million for the three months ended June
30, 2015, which is up $1.4 million, or 70%, over the prior year
period.  In July 2015, AMI generated 50 million unique visitors and
348 million page views across its 14 sites and their platforms, up
43% and 30%, respectively, over the prior year.

Men's Fitness continued its strong performance through the first
quarter of fiscal Year 2016, with advertising revenue of $4
million, up $600,000, or 17%, over the prior year period.

Star and OK! generated $5.0 million of print ad revenue, which was
up 6% over the prior year.  RadarOnline's strong operational
performance continued during the quarter ended June 30, 2015, with
digital advertising revenue of $2.0 million, up 4% versus the prior
year period.

AMI fully implemented its $22 million Management Action Plan for
Fiscal Year 2016.  Over the previous seven years, AMI has reduced
its total expenses by $180 million.

                       About American Media

Based in New York, American Media, Inc., publishes celebrity
journalism and health and fitness magazines in the U.S.  These
include Star, Shape, Men's Fitness, Fit Pregnancy, Natural Health,
and The National Enquirer.  In addition to print properties, AMI
manages 14 different Web sites.  The company also owns
Distribution Services, Inc., an in-store magazine merchandising
company.

American Media, Inc., and 15 units, including American Media
Operations, Inc., filed for Chapter 11 protection in Manhattan
(Bankr. S.D.N.Y. Case No. 10-16140) on Nov. 17, 2010, with a
prepackaged plan.  The Debtors emerged from Chapter 11
reorganization in December 2010, handing ownership to former
bondholders.  The new owners include hedge funds Avenue Capital
Group and Angelo Gordon & Co.

American Media reported a net loss of $54.3 million on
$344 million of total operating revenues for the fiscal year ended
March 31, 2014, following a net loss of $56.2 million on $349
million of total operating revenues for the year ended March 31,
2013.

                           *     *     *

As reported in the Jan. 9, 2015 edition of the TCR, American Media
carries a 'Caa1' corporate family rating from Moody's.  American
Media's Caa1 CFR reflects the company's elevated total debt to
EBITDA leverage that Moody's expect will rise to the 8-9x range
(Moody's adjusted) over the rating horizon from about 7x as of
Sept. 30, 2014 as a result of lower EBITDA performance that
stems from a reduction in circulation sales associated with the
bankruptcy filing of AMI's second largest publications wholesaler,
Source Interlink Distribution ("Source").  The rating also captures
AMI's weak liquidity profile and deteriorating EBITDA cushion under
the revolver's first-lien leverage covenant resulting from the
lower circulation revenue aggravated by the Source bankruptcy,
which required temporary covenant relief through an amendment to
the credit facility.

As reported in the Jan. 14, 2015 edition of the TCR, Standard &
Poor's Ratings Services said that its ratings on U.S. magazine
publisher American Media Inc., including the 'CCC' corporate credit
rating, are not affected by the company's announcement that it is
exchanging $32 million of its first-lien 11.5% notes due 2017 for
$39 million in new second-lien 7% notes due 2020.  The negative
rating outlook remains unchanged.


AMSCO STEEL: Section 341 Meeting Scheduled for October 9
--------------------------------------------------------
A meeting of creditors in the bankruptcy case of AMSCO Steel
Company, LLC will be held on Oct. 9, 2015, at 9:30 a.m. at FTW 341
Rm 7A24.  Proofs of claim are due by Jan. 7, 2016.

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

All creditors are invited, but not required, to attend.  This
meeting of creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

AMSCO Steel Company, LLC and Pyndus Steel & Aluminum Co., Inc.
filed Chapter 11 petitions (Bankr. N.D. Tex. Case Nos. 15-43239 and
15-43240, respectively) on Aug. 10, 2015.  The petitions were
signed by Stephen Sikes as member.  The Debtors estimated assets
and debts of $10 million to $50 million.  Forshey & Prostok, LLP
has been tapped as the Debtors' counsel.  Hon. Russell F. Nelms
presides over the cases.


ANACOR PHARMACEUTICALS: Petitions Filed to Invalidate Patents
-------------------------------------------------------------
A hedge fund, acting with affiliated parties and proceeding under
the name of the Coalition for Affordable Drugs X LLC, filed
petitions with the Patent Trial and Appeal Board of the U.S. Patent
and Trademark Office seeking to institute inter partes review
proceedings to invalidate Anacor Pharmaceuticals, Inc.'s Orange
Book-listed U.S. Patents Nos. 7,582,621 and 7,767,657 covering
KERYDIN (tavaborole) topical solution, 5%.

If one or more of CFAD's IPR petitions are accepted by the PTAB,
the Company will have three months to file its preliminary
responses.  Upon receipt of the Company's preliminary responses,
the PTAB will have another three months in which to institute or
deny the IPR proceedings.  If the IPR proceedings are instituted by
the PTAB, CFAD will have an opportunity to challenge the validity
of some or all of the claims in the Kerydin Orange Book Patents
before the PTAB.

The Company is currently reviewing CFAD's IPR petitions and intends
to vigorously oppose the institution of the IPR proceedings and, if
the IPR proceedings are instituted, to vigorously defend the
Kerydin Orange Book Patents.

                    About Anacor Pharmaceuticals

Palo Alto, Calif.-based Anacor Pharmaceuticals (NASDAQ: ANAC) is a
biopharmaceutical company focused on discovering, developing and
commercializing novel small-molecule therapeutics derived from its
boron chemistry platform.  Anacor has discovered eight compounds
that are currently in development.  Its two lead product
candidates are topically administered dermatologic compounds -
tavaborole, an antifungal for the treatment of onychomycosis, and
AN2728, an anti-inflammatory PDE-4 inhibitor for the treatment of
atopic dermatitis and psoriasis.

Anacor reported a net loss of $87.1 million on $20.7 million of
total revenues for the year ended Dec. 31, 2014, compared with net
income of $84.8 million on $17.2 million of total revenues for the
year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $195.7 million in total
assets, $125.5 million in total liabilities, $4.9 million in
redeemable common stock and $65.2 million in total stockholders'
equity.


ARCH COAL INC: Bank Debt Trades at 43% Off
------------------------------------------
Participations in a syndicated loan under which Arch Coal Inc. is a
borrower traded in the secondary market at 57.46
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents an increase of 1.52 percentage points from
the previous week, The Journal relates.  Arch Coal Inc. pays 500
basis points above LIBOR to borrow under the facility.  The bank
loan matures on May 17, 2018. Moody's rates the loan 'Caa1' and
Standard & Poor's gave a 'B-' rating to the loan.  The loan is one
of the biggest gainers and losers among 259 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, August 7.


ARMETTA LLC: Files for Chapter 11 Bankruptcy Protection
-------------------------------------------------------
Armetta, LLC, filed for Chapter 11 bankruptcy protection (Bankr. D.
Conn. Case No. 15-31399) on Aug. 19, 2015, estimating its assets at
up to $50,000 and its debts at between $1 million and $10 million.
The petition was signed by Antonia Armetta, managing member.  

Ambar Espinoza, writing for RIPR.org, reports that the Company has
shut down.

"Earlier this week the property owner sought to place Armetta in
receivership in state court, and a temporary receiver was
appointed.  We also recently learned that Armetta filed a Chapter
11 petition in U.S. bankruptcy in Connecticut," RIPR.org quoted
Interim Westerly Town Manager Amy Grzybowski as saying.

According to the report, Ms. Grzybowski said that the bankruptcy
filing may have an impact on the state receivership.

RIPR.org relates that the town wants to ensure the property owner
continues to meet a consent agreement that includes measures for
controlling dust from migrating off the property.  The report
recalls that the Company agreed to settle a fine in 2014 for
violating federal environmental standards.

Judge Julie A. Manning presides over the case.

Ronald Chorches, Esq., at the Law Offices of Ronald I. Chorches,
LLC, serves as the Company's bankruptcy counsel.

                         About Armetta

Armetta, LLC -- fdba Copar Industries, LLC, Copar Quarries of
Westerly, LLC, Copar Trucking, LLC, Copar Quarries of RI, LLC,
Copar Quarries of Lisbon, LLC -- is headquartered in Middletown,
Connecticut.  It operates a quarry in Westerly.


ARRAY BIOPHARMA: May Issue 600,000 Common Shares Under Stock Plan
-----------------------------------------------------------------
Array BioPharma Inc. filed with the Securities and Exchange
Commission a Form S-8 registration statement to register 600,000
shares of common stock issuable under the Company's Employee Stock
Purchase Plan for a proposed maximum aggregate offering price of
$3.25.  A copy of the prospectus is available for free at:

                      http://is.gd/ziiJ0J

                      About Array Biopharma

Boulder, Colo.-based Array BioPharma Inc. is a biopharmaceutical
company focused on the discovery, development and
commercialization of targeted small-molecule drugs to treat
patients afflicted with cancer and inflammatory diseases.  Array
has four core proprietary clinical programs: ARRY-614 for
myelodysplastic syndromes, ARRY-520 for multiple myeloma, ARRY-797
for pain and ARRY-502 for asthma.  In addition, Array has 10
partner-funded clinical programs including two MEK inhibitors in
Phase 2: selumetinib with AstraZeneca and MEK162 with Novartis.

As of June 30, 2015, the Company had $198.2 million in total
assets, $155.55 million in total liabilities and $42.65 million in
total stockholders' equity.


ARRAY BIOPHARMA: Posts $9.4 Million Net Income for Fiscal 2015
--------------------------------------------------------------
Array BioPharma Inc. filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing net income of
$9.4 million on $51.9 million of total revenue for the year ended
June 30, 2015, compared to a net loss of $85.25 million on $42.07
million of total revenue for the year ended June 30, 2014.

As of June 30, 2015, the Company had $198.2 million in total
assets, $155.55 million in total liabilities and $42.65 million in
total stockholders' equity.

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

                        http://is.gd/Cx8xFx

                      About Array Biopharma

Boulder, Colo.-based Array BioPharma Inc. is a biopharmaceutical
company focused on the discovery, development and
commercialization of targeted small-molecule drugs to treat
patients afflicted with cancer and inflammatory diseases.  Array
has four core proprietary clinical programs: ARRY-614 for
myelodysplastic syndromes, ARRY-520 for multiple myeloma, ARRY-797
for pain and ARRY-502 for asthma.  In addition, Array has 10
partner-funded clinical programs including two MEK inhibitors in
Phase 2: selumetinib with AstraZeneca and MEK162 with Novartis.


ATLANTIC & PACIFIC: Judge Approves Sale of Pharmacy Assets
----------------------------------------------------------
Joseph Checkler, writing for Dow Jones' Daily Bankruptcy Review,
reported that Judge Robert Drain of the U.S. Bankruptcy Court for
the Southern District of New York authorized Great Atlantic &
Pacific Tea Co. to sell pharmacy assets at 12 of its in-store
pharmacies to Rite Aid Corp. for $8.1 million.

According to the report, Judge Drain's approval means the closings
of the pharmacies will begin Aug. 25 and last through the beginning
weeks of September.

                    About Atlantic & Pacific

Based in Montvale, New Jersey, The Great Atlantic & Pacific Tea
Company, Inc., and its affiliates are one of the nation's oldest
leading supermarket and food retailers, operating approximately 300
supermarkets, beer, wine, and liquor stores, combination food and
drug stores, and limited assortment food stores across six
Northeastern states.  The primary retail operations consist of
supermarkets operated under a variety of well known trade names, or
"banners," including A&P, Waldbaum's, SuperFresh, Pathmark, Food
Basics, The Food Emporium, Best Cellars, and A&P Liquors.  The
Company employs approximately 28,500 employees, over 90% of whom
are members of one of twelve local unions whose members are
employed by the Debtors under the authority of 35 separate
collective bargaining agreements.

Then with 429 stores, A&P and its affiliates filed Chapter 11
petitions (Bankr. S.D.N.Y. Case No. 10-24549) on Dec. 12, 2010,
and in 2012 emerged from Chapter 11 bankruptcy as a privately held
company with 320 supermarkets.

On July 19, 2015, with 300 stores, A&P and 20 affiliated debtors
each filed a Chapter 11 petition (Bankr. S.D.N.Y.) after reaching
deals for the going concern sales of 120 stores.  The Debtors are
seeking joint administration under Case No. 15-23007.

As of Feb. 28, 2015, the Debtors reported total assets of $1.6
billion and liabilities of $2.3 billion.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel, Evercore
Group L.L.C., as investment banker, FTI Consulting, Inc., as
financial advisor, Hilco Real Estate, LLC, as real estate advisor,
and Prime Clerk LLC, as claims and noticing agent.

The U.S. Trustee for Region 2 appointed seven creditors of The
Great Atlantic & Pacific Tea Co. to serve on the official committee
of unsecured creditors.


BBB INDUSTRIES: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
-------------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B' corporate
credit rating to Alabama-based BBB Industries US Holdings Inc.  The
outlook is stable.

At the same time, S&P withdrew its 'B' corporate credit rating on
BBB Industries Lux Holdings S.ar.l., which is the guarantor of BBB
Industries US Holdings Inc.'s debt.

Additionally, S&P withdrew all of its ratings on BBB Industries
LLC, including S&P's 'B' corporate credit rating, which was
acquired by Pamplona Capital Management LLP in November 2014.

"The rating reflects our view of the company's highly leveraged
capital structure and its relatively small position in the
intensely competitive automotive aftermarket," said Standard &
Poor's credit analyst Naomi Dsouza.  BBB Industries' business is
mostly concentrated in North America, and the company has been
working to improve its customer diversity.  However, its top three
customers (primarily warehouse distributors, independent retailers,
and big box retailers) contributed over 50% of its total revenues
in 2014.  The company has taken steps to diversify its revenue
stream away from rotating electrical products by entering the
steering and caliper markets.  Still, BBB Industries currently
relies on its rotating electrical (primarily starters and
alternators) segment for over 50% of its sales.  S&P will continue
to evaluate the company's ability to expand into adjacent markets
going forward.

The stable outlook reflects S&P's expectation that the company's
debt-to-EBITDA metric will remain greater than 5x and that its free
operating cash flow generation will at least break even over the
next 12 months.

S&P could lower its ratings on BBB Industries if the company's
EBITDA declines by more than S&P expects in 2015 -- because of
competitive or operational difficulties -- causing the company's
leverage to increase substantially above 5x, or if its free
operating cash flow remains negative on a sustained basis.

S&P could raise its ratings on BBB Industries if the company's
leverage falls below 5x and its free operating cash flow-to-debt
ratio remains above 5% on a sustained basis.  However, S&P would
not likely raise its corporate credit rating on the company above
'B+', given its private-equity ownership and the potential that it
could be recapitalized or eventually sold to another financial
sponsor.



BG MEDICINE: Empery Asset Reports 9.5% Equity Stake
---------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Empery Asset Management, LP, Ryan M. Lane and Martin D.
Hoe disclosed that as of Aug. 13, 2015, they beneficially owned:

  * 1,050,000 shares of common stock;

  * 184,346 shares of common stock issuable upon exercise of
    Prefunded Warrants; and

  * 617,173 shares of Common Stock issuable upon exercise of
    Warrants of BG Medicine, inc., representing 9.5 percent of the
    shares outstanding.

Pursuant to the terms of the Reported Warrants, the Reporting
Persons cannot exercise the Reported Warrants to the extent the
Reporting Persons would beneficially own, after any such exercise,
more than 4.99% of the outstanding shares of Common Stock, and the
percentage for each Reporting Person gives effect to the Blockers.
Consequently, the Reporting Persons were not able to exercise all
of the Reported Warrants due to the Blockers.

A copy of the regulatory filing is available for free at:

                        http://is.gd/yYJffV

                         About BG Medicine

Waltham, Mass.-based BG Medicine is a diagnostics company focused
on the development and commercialization of novel cardiovascular
diagnostic tests to address significant unmet medical needs,
improve patient outcomes and contain healthcare costs.  The
Company is currently commercializing two diagnostic tests, the
first of which is the BGM Galectin-3 test, a novel assay for
measuring galectin-3 levels in blood plasma or serum for use as an
aid in assessing the prognosis of patients diagnosed with heart
failure.  The Company's second diagnostic test is the CardioSCORE
test, which is designed to identify individuals at high risk for
near-term, significant cardiovascular events, such as heart attack
and stroke.

BG Medicine reported a net loss of $8.06 million in 2014, a
net loss of $15.8 million in 2013 and a net loss of $23.8 million
in 2012.

Deloitte & Touche LLP, in Boston, Massachusetts, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company's recurring
losses from operations, recurring cash used in operating activities
and accumulated deficit raise substantial doubt about its ability
to continue as a going concern.


BOOMERANG SYSTEMS: Delays Q2 Form 10-Q for Review
-------------------------------------------------
Boomerang Systems, Inc., was unable to file its quarterly report on
Form 10-Q for the fiscal quarter ended June 30, 2015, within the
prescribed period because of a delay in completing the required
review of the financial information for this period as a result of
management requiring additional time to compile and verify the data
required to be included in the report.  The Company expects to file
within the extension period.

The Company estimates that its results of operations for the fiscal
quarter ended June 30, 2015, as reflected in its consolidated
statements of operations to be included in its Form 10-Q for the
fiscal year ended June 30, 2015, will reflect the following
changes:

For the three months ended June 30, 2015, the Company expects to
report revenues of approximately $1.37 million compared to revenues
of approximately $1.50 million for the three months ended June 30,
2014.  For the three months ended June 30, 2015, the Registrant
expects to report that it incurred a net loss of approximately
$4.15 million, compared to a net loss of approximately $4.05
million for the three months year ended
June 30, 2014.

For the nine months ended June 30, 2015, the Company expects to
report revenues and a net loss of approximately $3.72 million and
$19.3 million, respectively, compared to revenues and net income of
approximately $4.84 million and $1.24 million, respectively, for
the nine months ended June 30, 2014.

                      About Boomerang Systems

Headquartered in Morristown, New Jersey, Boomerang Systems, Inc.
(Pink Sheets: BMER) through its wholly owned subsidiary, Boomerang
Utah, is engaged in the design, development, and marketing of
automated racking and retrieval systems for automobile parking and
automated racking and retrieval of containerized self-storage
units.

Boomerang Systems reported a net loss of $2.66 million for the
fiscal year ended Sept. 30, 2014, a net loss of $11.2 million for
the year ended Sept. 30, 2013 and a net loss of $17.4 million for
the year ended Sept. 30, 2012.

As of March 31, 2015, the Company had $6 million in total assets,
$19.5 million in total liabilities, and a $13.5 million total
stockholders' deficit.


BR ENTERPRISES: Wants Plan Exclusivity Period Extended to Nov. 25
-----------------------------------------------------------------
BR Enterprises asks the United States Bankruptcy Court for Eastern
District of California, Sacramento Division, for an extension of
its exclusive period to confirm of a plan of reorganization to
November 25, 2015.

The Debtor explains that its estate is not an insubstantial one,
involving the management of the 3,100 acre Ranch in addition to
other assets, and partial liquidation thereof.  A significant asset
-- the $4.2 million receivable (enough to pay all Debtor's
estimated liabilities in full) -- is tied up in the Shasta
Enterprises bankruptcy, in which no plan has yet been proposed,
causing uncertainty when it came to projecting cash flow.

According to the Debtor, the new protocols and cost-saving measures
had to be evaluated and implemented which resulted in some
necessary delays in formulating a reorganization plan, but also in
the positive cash flow referenced in the latest monthly operating
report.  The Debtor's new management required extra time to observe
and evaluate Debtor's operations, along with the Shasta Enterprises
liquidation before it could formulate its own plan -- eventually
assuming for purposes of cash flow analysis that there would be no
dividend paid by the Shasta Enterprises Trustee during the sixty
month "Plan Term" proposed by Debtor.

The Debtor tells the Court that its case is still in its infancy.
The Debtor is paying all post-petition obligations as they come due
and has substantial net funds on deposit to fund the plan.  The
Debtor has been reluctant to negotiate with creditors unless and
until a Disclosure Statement has been approved.  The Debtor is
current on all operating reports and other disclosure required
under the Bankruptcy Code and has been working cooperatively with
its creditors on operational matters.  The Debtor assures the Court
that it is not seeking the extension to pressure creditors to
submit to any demands.  Rather, the goal is to minimize expenses to
the estate and to streamline the confirmation process.

BR Enterprises is represented by:

          George C. Hollister, Esq.
          HOLLISTER LAW CORPORATION
          655 University Avenue, Suite 200
          Sacramento, CA 95825
          Telefax: (916) 488-3400
          Email: hollisterlaw@earthlink.net

                    About BR Enterprises

BR Enterprises, a California Partnership, owns 20.17 acres of
undeveloped ranch located at East of Interstate 5 and South of Lake
California Drive, 2600 acres of undeveloped ranch property located
in Cottonwood California in Tehama County; and 278 acres of
contiguous parcels along HWY I-5.  

The Company sought Chapter 11 protection (Bankr. E.D. Cal. Case No.
15-21575) on Feb. 27, 2015.  A related entity, Shasta Enterprises,
sought bankruptcy protection (Case No. 14-30833) on Oct. 31, 2014.

The Debtor disclosed $14,422,236 in assets and $6,961,492 in
liabilities as of the Chapter 11 filing.

Judge Michael S. McManus presides over the case.  George C.
Hollister, Esq., at Hollister Law Corporation, represents the
Debtor in its restructuring effort.

According to the docket, the deadline for filing claims by
governmental entities is Aug. 26, 2015.


BRAND ENERGY: Bank Debt Trades at 4% Off
----------------------------------------
Participations in a syndicated loan under which Brand Energy &
Infrastructure Services is a borrower traded in the secondary
market at 95.75 cents-on-the-dollar during the week ended Friday,
August 7, 2015, according to data compiled by LSTA/Thomson Reuters
MTM Pricing and reported in the August 11, 2015, edition of The
Wall Street Journal. This represents a decrease of 0.50 percentage
points from the previous week, The Journal relates.  Brand Energy &
Infrastructure Services pays 375 basis points above LIBOR to borrow
under the facility.  The bank loan matures on November 12, 2020.
Moody's rates the loan 'B1' and Standard & Poor's gave a 'B' rating
to the loan.  The loan is one of the biggest gainers and losers
among 259 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended Friday, August 7.


CAESARS ENT: Enters Into Bank Restructuring Support Agreement
-------------------------------------------------------------
Caesars Entertainment Corporation and Caesars Entertainment
Operating Company, Inc. have entered into a Bank Restructuring
Support Agreement.

The agreement, which is effective immediately, secures the support
of CEOC's largest and most senior creditor constituencies and
represents a key milestone in Caesars Entertainment and CEOC's
efforts to implement a consensual restructuring of CEOC.  CEOC's
restructuring is now supported by CEOC's First Lien Bank Lenders
and First Lien Bondholders, which represent the most senior $12
billion of CEOC's capital structure.

Caesars Entertainment and CEOC continue to engage in discussions
with junior creditors to build additional support for the
previously announced Second Lien Restructuring Agreement in an
effort to complete the restructuring consensually.  However, the
senior creditors' support of today's agreement paves the way toward
a confirmable plan for the restructuring of CEOC.  

The Bank RSA is substantially similar to the previously announced
Bond RSA.  The Bank RSA and a summary of the transaction are
available in the Media Resources section of the CEOC Restructuring
Web site at http://www.ceocrestructuring.com/media-resources/

                    About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.,
is one of the world's largest casino companies.  Caesars casino
resorts operate under the Caesars, Bally's, Flamingo, Grand
Casinos, Hilton and Paris brand names.  The Company has its
corporate headquarters in Las Vegas.  Harrah's announced its
re-branding to Caesar's in mid-November 2010.

In January 2015, Caesars Entertainment and subsidiary Caesars
Entertainment Operating Company, Inc., announced that holders of
more than 60% of claims in respect of CEOC's 11.25% senior secured
notes due 2017, CEOC's 8.5% senior secured notes due 2020 and
CEOC's 9% senior secured notes due 2020 have signed the Amended and
Restated Restructuring Support and Forbearance Agreement, dated as
of Dec. 31, 2014, among Caesars Entertainment, CEOC and the
Consenting Creditors.  As a result, The RSA became effective
pursuant to its terms as of Jan. 9, 2015.

Appaloosa Investment Limited, et al., owed $41 million on account
of 10% second lien notes in the company, filed an involuntary
Chapter 11 bankruptcy petition against CEOC (Bankr. D. Del. Case
No. 15-10047) on Jan. 12, 2015.  The bondholders are represented by
Robert S. Brady, Esq., at Young, Conaway, Stargatt & Taylor, LLP.

CEOC and 172 other affiliates -- operators of 38 gaming and resort
properties in 14 U.S. states and 5 countries -- filed Chapter 11
bankruptcy petitions (Bank. N.D. Ill.  Lead Case No. 15-01145) on
Jan. 15, 2015.  CEOC disclosed total assets of $12.3 billion and
total debt of $19.8 billion as of Sept. 30, 2014.

Delaware Bankruptcy Judge Kevin Gross entered a ruling that the
bankruptcy proceedings will proceed in the U.S. Bankruptcy Court
for the Northern District of Illinois.

Kirkland & Ellis serves as the Debtors' counsel.  AlixPartners is
the Debtors' restructuring advisors.  Prime Clerk LLC acts as the
Debtors' notice and claims agent.  Judge Benjamin Goldgar presides
over the cases.

The U.S. Trustee has appointed seven noteholders to serve in the
Official Committee of Second Priority Noteholders and nine members
to serve in the Official Unsecured Creditors' Committee.

The U.S. Trustee appointed Richard S. Davis as Chapter 11
examiner.



CAESARS ENTERTAINMENT INC: 2017 Bank Debt Trades at 14% Off
-----------------------------------------------------------
Participations in a syndicated loan under which Caesars
Entertainment Inc is a borrower traded in the secondary market at
86.38 cents-on-the-dollar during the week ended Friday, August 7,
2015, according to data compiled by LSTA/Thomson Reuters MTM
Pricing and reported in the August 11, 2015, edition of The Wall
Street Journal. This represents an increase of 0.63 percentage
points from the previous week, The Journal relates.  Caesars
Entertainment Inc pays 875 basis points above LIBOR to borrow under
the facility.  The bank loan matures on March 1, 2017. Moody's
rates the loan 'WR' and Standard & Poor's gave a 'D' rating to the
loan.  The loan is one of the biggest gainers and losers among 259
widely quoted syndicated loans with five or more bids in secondary
trading for the week ended Friday, August 7.


CAESARS ENTERTAINMENT INC: 2020 Bank Debt Trades at 5% Off
----------------------------------------------------------
Participations in a syndicated loan under which Caesars
Entertainment Inc. is a borrower traded in the secondary market at
94.70 cents-on-the-dollar during the week ended Friday, August 7,
2015, according to data compiled by LSTA/Thomson Reuters MTM
Pricing and reported in the August 11, 2015, edition of The Wall
Street Journal. This represents an increase 1.58 percentage points
from the previous week, The Journal relates.  Caesars Entertainment
Inc pays 600 basis points above LIBOR to borrow under the facility.
The bank loan matures on September 24, 2020. Moody's rates the
loan 'B2' and Standard & Poor's gave a 'CCC+' rating to the loan.
The loan is one of the biggest gainers and losers among 259 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended Friday, August 7.


CAESARS ENTERTAINMENT: General Counsel Gets $200K Retention Bonus
-----------------------------------------------------------------
In order to help retain Timothy Donovan, executive vice president,
general counsel and chief regulatory and compliance officer of
Caesars Entertainment Corporation, Mr. Donovan was awarded a
special one-time retention bonus with a value of up to $200,000 in
accordance with the terms set forth in a letter agreement,
according to a regulatory filing with the Securities and Exchange
Commission.  

The Retention Bonus is payable in two equal installments of
$100,000 on each final regular payroll day of calendar year 2015
and calendar year 2016.  If Mr. Donovan's employment is terminated
for any reason prior to either payment date, he will forfeit any
portion of the Retention Bonus that has not yet been paid as of
such termination date.  The Retention Letter does not modify or
amend Mr. Donovan's employment agreement, dated April 2, 2009,
which remains in effect.

Meanwhile, on Aug. 19, 2015, CEC and Caesars Entertainment
Operating Company, Inc., a majority owned subsidiary of CEC,
announced that they extended for 30 days, from Aug. 19, 2015, to
Sept. 18, 2015, the date by which the conditions to effectiveness
must be satisfied for the Restructuring Support and Forbearance
Agreement, dated as of July 20, 2015, among CEC, CEOC and certain
holders of claims in respect of CEOC's 12.75% Second-Priority
Senior Secured Notes due 2018, 10.00% Second-Priority Senior
Secured Notes due 2018 and 10.00% Second-Priority Senior Secured
Notes due 2015.  As a result of the Extension, creditors holding
Second Lien Bond Claims have until Sept. 18, 2015, to sign the
Second Lien Bond RSA, which will become effective upon the signing
of the Second Lien Bond RSA by creditors holding at least 50.1% of
the Second Lien Bond Claims.

                     About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.,
is one of the world's largest casino companies.  Caesars casino
resorts operate under the Caesars, Bally's, Flamingo, Grand
Casinos, Hilton and Paris brand names.  The Company has its
corporate headquarters in Las Vegas.  Harrah's announced its
re-branding to Caesar's in mid-November 2010.

In January 2015, Caesars Entertainment and subsidiary Caesars
Entertainment Operating Company, Inc., announced that holders of
more than 60% of claims in respect of CEOC's 11.25% senior secured
notes due 2017, CEOC's 8.5% senior secured notes due 2020 and
CEOC's 9% senior secured notes due 2020 have signed the Amended
and Restated Restructuring Support and Forbearance Agreement,
dated as of Dec. 31, 2014, among Caesars Entertainment, CEOC and
the Consenting Creditors.  As a result, The RSA became effective
pursuant to its terms as of Jan. 9, 2015.

Appaloosa Investment Limited, et al., owed $41 million on account
of 10% second lien notes in the company, filed an involuntary
Chapter 11 bankruptcy petition against CEOC (Bankr. D. Del. Case
No. 15-10047) on Jan. 12, 2015.  The bondholders are represented
by Robert S. Brady, Esq., at Young, Conaway, Stargatt & Taylor
LLP.

CEOC and 172 other affiliates -- operators of 38 gaming and resort
properties in 14 U.S. states and 5 countries -- filed Chapter 11
bankruptcy petitions (Bank. N.D. Ill.  Lead Case No. 15-01145) on
Jan. 15, 2015.  CEOC disclosed total assets of $12.3 billion and
total debt of $19.8 billion as of Sept. 30, 2014.

Delaware Bankruptcy Judge Kevin Gross entered a ruling that the
bankruptcy proceedings will proceed in the U.S. Bankruptcy Court
for the Northern District of Illinois.

Kirkland & Ellis serves as the Debtors' counsel.  AlixPartners is
the Debtors' restructuring advisors.  Prime Clerk LLC acts as the
Debtors' notice and claims agent.  Judge Benjamin Goldgar presides
over the cases.

The U.S. Trustee has appointed seven noteholders to serve in the
Official Committee of Second Priority Noteholders and nine members
to serve in the Official Unsecured Creditors' Committee.

The U.S. Trustee appointed Richard S. Davis as Chapter 11
examiner.

                         *     *     *

The Troubled Company Reporter, on April 27, 2015, reported that
Fitch Ratings has affirmed and withdrawn the Issuer Default
Ratings (IDR) and issue ratings of Caesars Entertainment Operating
Company (CEOC).  These actions follow CEOC's Chapter 11 filing on
Jan. 15, 2015.  Accordingly, Fitch will no longer provide ratings
or analytical coverage for CEOC.

In addition, Fitch has affirmed the IDR and issue rating of
Chester Downs and Marina LLC (Chester Downs) and the ratings have
been simultaneously withdrawn for business reasons.


CAESARS ENTERTAINMENT: Plan for Unit Has Top Lender Support
-----------------------------------------------------------
Luna J. Keller at Bloomberg Business reports that Caesars
Entertainment Corp. said top lenders to its bankrupt unit Caesars
Entertainment Operating Co. have agreed to support the Company's
plan to turn the unit into a real estate investment trust.

Caesars Entertainment and CEOC have entered into a bank
restructuring support agreement.  The agreement, which is effective
immediately, secures the support of CEOC's largest and most senior
creditor constituencies and represents a key milestone in Caesars
Entertainment and CEOC's efforts to implement a consensual
restructuring of CEOC.  CEOC's restructuring is now supported by
CEOC's first lien bank lenders and first lien bondholders, which
represent the most senior $12 billion of CEOC's capital structure.

The Bank RSA is substantially similar to the previously announced
Bond RSA.  The Bank RSA and a summary of the transaction are
available in the Media Resources section of the CEOC Restructuring
Web site at http://www.ceocrestructuring.com/media-resources/.

Caesars Entertainment and CEOC continue to engage in discussions
with junior creditors to build additional support for the
previously announced second lien restructuring agreement in an
effort to complete the restructuring consensually.  However, the
senior creditors' support of the agreement paves the way toward a
confirmable plan for the restructuring of CEOC.  

Bloomberg Business relates that the agreement reached would allow
the Company to focus on getting support from the last major group
holding out on its restructuring plan.  According to the report,
the plan would cut the unit's $19.9 billion of obligations almost
in half and create a complex web of new companies, each holding new
debt.  

                   About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.,
is one of the world's largest casino companies.  Caesars casino
resorts operate under the Caesars, Bally's, Flamingo, Grand
Casinos, Hilton and Paris brand names.  The Company has its
corporate headquarters in Las Vegas.  Harrah's announced its
re-branding to Caesar's in mid-November 2010.

In January 2015, Caesars Entertainment and subsidiary Caesars
Entertainment Operating Company, Inc., announced that holders of
more than 60% of claims in respect of CEOC's 11.25% senior secured
notes due 2017, CEOC's 8.5% senior secured notes due 2020 and
CEOC's 9% senior secured notes due 2020 have signed the Amended
and Restated Restructuring Support and Forbearance Agreement,
dated as of Dec. 31, 2014, among Caesars Entertainment, CEOC and
the Consenting Creditors.  As a result, The RSA became effective
pursuant to its terms as of Jan. 9, 2015.

Appaloosa Investment Limited, et al., owed $41 million on account
of 10% second lien notes in the company, filed an involuntary
Chapter 11 bankruptcy petition against CEOC (Bankr. D. Del. Case
No. 15-10047) on Jan. 12, 2015.  The bondholders are represented
by Robert S. Brady, Esq., at Young, Conaway, Stargatt & Taylor
LLP.

CEOC and 172 other affiliates -- operators of 38 gaming and resort
properties in 14 U.S. states and 5 countries -- filed Chapter 11
bankruptcy petitions (Bank. N.D. Ill.  Lead Case No. 15-01145) on
Jan. 15, 2015.  CEOC disclosed total assets of $12.3 billion and
total debt of $19.8 billion as of Sept. 30, 2014.

Delaware Bankruptcy Judge Kevin Gross entered a ruling that the
bankruptcy proceedings will proceed in the U.S. Bankruptcy Court
for the Northern District of Illinois.

Kirkland & Ellis serves as the Debtors' counsel.  AlixPartners is
the Debtors' restructuring advisors.  Prime Clerk LLC acts as the
Debtors' notice and claims agent.  Judge Benjamin Goldgar presides
over the cases.

The U.S. Trustee has appointed seven noteholders to serve in the
Official Committee of Second Priority Noteholders and nine members
to serve in the Official Unsecured Creditors' Committee.

The U.S. Trustee appointed Richard S. Davis as Chapter 11
examiner.

                         *     *     *

The Troubled Company Reporter, on April 27, 2015, reported that
Fitch Ratings has affirmed and withdrawn the Issuer Default
Ratings (IDR) and issue ratings of Caesars Entertainment Operating
Company (CEOC).  These actions follow CEOC's Chapter 11 filing on
Jan. 15, 2015.  Accordingly, Fitch will no longer provide ratings
or analytical coverage for CEOC.

In addition, Fitch has affirmed the IDR and issue rating of
Chester Downs and Marina LLC (Chester Downs) and the ratings have
been simultaneously withdrawn for business reasons.


CAESARS ENTERTAINMENT: Pushes Ch. 11 Plan Ahead with Lender Support
-------------------------------------------------------------------
Laura J Keller, writing for Bloomberg News, reported that Caesars
Entertainment Corp. said it reached a deal with the most-senior
lenders to its bankrupt unit, allowing the casino operator to focus
on getting support from the last major group holding out on its
restructuring plan.

According to the report, the agreement, announced on Aug. 21,
requires the lenders to approve Caesars' plan to reorganize its
main operating subsidiary, the bankrupt Caesars Entertainment
Operating Co.  The pact is effective immediately, meaning a
majority of the loan holders have signed it, the report said.
Caesars' plan would cut the unit's $19.9 billion of obligations
almost in half and create a complex web of new companies, each
holding new debt, the report related.

                   About Caesars Entertainment

Caesars Entertainment Corp., formerly Harrah's Entertainment Inc.,
is one of the world's largest casino companies.  Caesars casino
resorts operate under the Caesars, Bally's, Flamingo, Grand
Casinos, Hilton and Paris brand names.  The Company has its
corporate headquarters in Las Vegas.  Harrah's announced its
re-branding to Caesar's in mid-November 2010.

In January 2015, Caesars Entertainment and subsidiary Caesars
Entertainment Operating Company, Inc., announced that holders of
more than 60% of claims in respect of CEOC's 11.25% senior secured
notes due 2017, CEOC's 8.5% senior secured notes due 2020 and
CEOC's 9% senior secured notes due 2020 have signed the Amended
and Restated Restructuring Support and Forbearance Agreement,
dated
as of Dec. 31, 2014, among Caesars Entertainment, CEOC and the
Consenting Creditors.  As a result, The RSA became effective
pursuant to its terms as of Jan. 9, 2015.

Appaloosa Investment Limited, et al., owed $41 million on account
of 10% second lien notes in the company, filed an involuntary
Chapter 11 bankruptcy petition against CEOC (Bankr. D. Del. Case
No. 15-10047) on Jan. 12, 2015.  The bondholders are represented
by Robert S. Brady, Esq., at Young, Conaway, Stargatt & Taylor
LLP.

CEOC and 172 other affiliates -- operators of 38 gaming and resort
properties in 14 U.S. states and 5 countries -- filed Chapter 11
bankruptcy petitions (Bank. N.D. Ill.  Lead Case No. 15-01145) on
Jan. 15, 2015.  CEOC disclosed total assets of $12.3 billion and
total debt of $19.8 billion as of Sept. 30, 2014.

Delaware Bankruptcy Judge Kevin Gross entered a ruling that the
bankruptcy proceedings will proceed in the U.S. Bankruptcy Court
for the Northern District of Illinois.

Kirkland & Ellis serves as the Debtors' counsel.  AlixPartners is
the Debtors' restructuring advisors.  Prime Clerk LLC acts as the
Debtors' notice and claims agent.  Judge Benjamin Goldgar presides
over the cases.

The U.S. Trustee has appointed seven noteholders to serve in the
Official Committee of Second Priority Noteholders and nine members
to serve in the Official Unsecured Creditors' Committee.

The U.S. Trustee appointed Richard S. Davis as Chapter 11
examiner.

                         *     *     *

The Troubled Company Reporter, on April 27, 2015, reported that
Fitch Ratings has affirmed and withdrawn the Issuer Default
Ratings (IDR) and issue ratings of Caesars Entertainment Operating
Company (CEOC).  These actions follow CEOC's Chapter 11 filing on
Jan. 15, 2015.  Accordingly, Fitch will no longer provide ratings
or analytical coverage for CEOC.

In addition, Fitch has affirmed the IDR and issue rating of
Chester Downs and Marina LLC (Chester Downs) and the ratings have
been simultaneously withdrawn for business reasons.


CANCER GENETICS: Finalizes APA with Response Genetics
-----------------------------------------------------
Cancer Genetics, Inc., previously announced that it had entered
into an agreement, in principle, dated Aug. 9, 2015, to act as the
"stalking horse bidder" in connection with its purchase of
substantially all the assets and assumption of certain liabilities
of Response Genetics, Inc. in connection with Response's filing of
a chapter 11 petition for bankruptcy in the Delaware Bankruptcy
Court.  The agreement, in principle, was subject to finalization of
the schedules and exhibits to the agreement.

On Aug. 20, 2015, the parties agreed that the schedules and
exhibits to the agreement were now final and the agreement was
fully binding.  The Agreement was amended and restated on Aug. 14,
2015, and then further amended on August 17 to extend the date for
finalization to August 20.

The Amended and Restated Asset Purchase Agreement does not change
any of the material terms of the transaction.  It still provides
that the Company will purchase substantially all of Response's
assets and assume certain liabilities of Response related to
existing agreements with employees, customers, vendors, suppliers
and trade creditors for an aggregate purchase price, subject to
certain adjustments, of $14,000,000, comprised of a 50-50 split of
$7,000,000 in cash and 788,584 shares of the Company's common
stock, with the common stock being valued at $7,000,000 at the date
of the original agreement, in principle.  All shares of common
stock included in the purchase price will be restricted shares
issued directly to certain of Response's secured lenders.
    
As the sale of the assets and assumption of liabilities is
occurring in connection with a chapter 11 filing by Response in the
Bankruptcy Court, the Company, as the "stalking horse," anticipates
having the benefit of a bid protection order, once such bid
protection order is adopted, but will also be subject to the
bidding process set forth in any such bid protection order, so that
the Company's proposal is subject to a higher and better offer.

The agreement also remains subject to the satisfaction of certain
closing conditions, including Bankruptcy Court approval and the
absence of certain material adverse events.  No assurance can be
given that the proposed transaction with Response will be
consummated at all or, if consummated, will be consummated on the
terms and conditions set forth in the agreement.

                       About Cancer Genetics

Rutherford, N.J.-based Cancer Genetics, Inc., is an early-stage
diagnostics company focused on developing and commercializing
proprietary genomic tests and services to improve and personalize
the diagnosis, prognosis and response to treatment (theranosis) of
cancer.

Cancer Genetics reported a net loss of $16.6 million in 2014, a net
loss of $12.4 million in 2013 and a net loss of $6.66 million in
2012.

As of June 30, 2015, the Company had $39.8 million in total assets,
$13 million in total liabilities and $26.7 million in total
stockholders' equity


CATASYS INC: Reports Second Quarter 2015 Financial Results
----------------------------------------------------------
Catasys, Inc., reported second quarter financial results for the
period ended June 30, 2015.

For the second quarter ended June 30, 2015, total revenues
increased by 51% to $472,000, compared to $312,000 for the second
quarter 2014.  The Company also reported $853,000 in deferred
revenue, an increase of $338,000 or 65% compared to $515,000 for
the first quarter of 2015.  Depending on the customer, deferred
revenue is either recognized over the course of the 52 week program
when fees are received in advance, or annually when savings
calculations are completed in cases where fees are subject to
achieving savings at least equal to program fees.  Catasys has been
able to record its deferred revenue as actual revenue during the
course of the business cycle, except for limited cases where
members terminated from the program early.  Total revenue increases
were driven by an expansion of the Company's customer base and
health plan populations covered under its program.

The Company reported a net loss of $587,000, or ($0.02) per basic
and diluted share for the second quarter ended June 30, 2015,
compared to a net loss of $27.4 million, or ($1.27) per basic and
diluted share, for the second quarter of the prior year.

Total operating expenses for the second quarter 2015 were $2.98
million compared to $2.0 million for same quarter last year,
primarily due to the higher cost of healthcare services based on
increasing enrollment and non-cash general and administrative
expenses.

General and administrative expense increased to $2.4 million for
the three months ended June 30, 2015, compared to $1.7 million
during the same period in 2014.  This was primarily due to non-cash
compensation expense for stock option grants to the members of the
board of directors.

Rick Anderson, president and COO said, "Our second quarter
continued to generate top line growth, showing a 51% increase
year-over-year.  We are also pleased to report 102% sequential
growth in enrollment in the second quarter of 2015 over our first
quarter of 2015.  Enrollment growth is anticipated to translate to
increased revenue and deferred revenue in future quarters as the
Company receives monthly fees or fee-for-service payments for these
members throughout their term of enrollment.  This was a result of
expanding our OnTrak program into Illinois with a new health
insurer, enrolling members suffering from anxiety disorder into our
OnTrak program in Kansas and growth in enrollment for customers
launched within the last year.  During the quarter, we released
results from a one-year retrospective cohort study in which we
collaborated with Humana.  The study found that our integrated
substance abuse treatment program led to higher enrollment, fewer
ER visits and inpatient hospitalizations and lower health care
costs.  Lastly, with the announcement of our warrant exchange, we
eliminated an associated liability of approximately $38 million
associated with those warrants.  This represents an important step
in moving the Company towards our goal of meeting the stockholders'
equity test for listing on a national exchange. We look forward to
keeping our shareholders updated on this progress."

                         About Catasys Inc.

Based in Los Angeles, California, Hythiam, Inc., n/k/a Catasys,
Inc., is a healthcare services management company, providing
through its Catasys(R) subsidiary specialized behavioral health
management services for substance abuse to health plans.

Catasys reported a loss of $27.3 million on $2.03 million of
healthcare services revenues for the 12 months ended Dec. 31, 2014,
compared to a loss of $4.67 million on $754,000 of healthcare
services revenues for the 12 months ended Dec. 31, 2013.

As of March 31, 2015, the Company had $1.33 million in total
assets, $41.8 million in total liabilities and a $40.4 million
total stockholders' deficit.

Rose, Snyder & Jacobs LLP, in Encino, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has continued
to incur significant operating losses and negative cash flows from
operations during the year ended Dec. 31, 2014.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.


CLIFFS NATURAL: May Issue 10 Million Shares Under 2015 Stock Plan
-----------------------------------------------------------------
Cliffs Natural Resources Inc. filed a Form S-8 prospectus with the
Securities and Exchange Commission relating to the registration of
10,000,000 shares of common stock of the Company issuable under the
Company's 2015 Employee Stock Purchase Plan.  The proposed maximum
aggregate offering price is $35.6 million.  A copy of the
registration statement is available at http://is.gd/alJIvc

                 About Cliffs Natural Resources

Cliffs Natural Resources Inc. --
http://www.cliffsnaturalresources.com/-- is a mining and natural
resources company.  The Company is a major supplier of iron ore
pellets to the U.S. steel industry from its mines and pellet plants
located in Michigan and Minnesota.  Cliffs also produces
low-volatile metallurgical coal in the U.S. from its mines located
in West Virginia and Alabama.  Additionally, Cliffs operates an
iron ore mining complex in Western Australia and owns two
non-operating iron ore mines in Eastern Canada.  Driven by the core
values of social, environmental and capital stewardship, Cliffs'
employees endeavor to provide all stakeholders operating and
financial transparency.

On Jan. 27, 2015, Bloom Lake General Partner Limited and certain of
its affiliates, including Cliffs Quebec Iron Mining ULC commenced
restructuring proceedings in Montreal, Quebec, under the Companies'
Creditors Arrangement Act (Canada).  The initial CCAA order will
address the Bloom Lake Group's immediate liquidity issues and
permit the Bloom Lake Group to preserve and protect its assets for
the benefit of all stakeholders while restructuring and sale
options are explored.

The Company reported a net loss of $8.31 billion in 2014 following
net income of $362 million in 2013.

As of June 30, 2015, the Company had $2.60 billion in total assets,
$4.30 billion in total liabilities and a $1.70 billion total
deficit.

                          *    *     *

As reported by the TCR on Feb. 3, 2015, Standard & Poor's Ratings
Services said it lowered its corporate credit rating on Cliffs
Natural Resources Inc. to 'B' from 'BB-'.  The downgrade of
Cleveland-based Cliffs Natural Resources is driven by a revision
of the company's financial risk profile to "highly leveraged" from
"aggressive" as a result of S&P's lowered iron ore price
assumptions.  The 24% cut to $65 per metric ton marked the
third downward revision since early 2014, when S&P's forecast
prices were more than $100 per metric ton.

The TCR reported in March 2015 that Moody's Investors Service
downgraded Cliffs Natural Resources Inc. Corporate Family Rating
and Probability of Default Rating to 'B1' and 'B1-PD'
respectively.  "The downgrade in the CFR to 'B1' reflects
expectations for a weaker performance in the Asia Pacific iron ore
(APIO) segment, which has a greater exposure to the movement of
iron ore prices in the seaborne market," said Carol Cowan, Moody's
senior vice president.


COATES INTERNATIONAL: Signs Conv. Note Facility with Investor
-------------------------------------------------------------
Coates International, Ltd., entered into a 9.75% convertible note
facility agreement with an investor on Aug. 14, 2015, according to
a regulatory filing with the Securities and Exchange Commission.
The Agreement provides that the investor will fund up to $631,500,
including an initial tranche of $211,500, which was funded at the
closing of the Agreement and eight additional tranches of $52,500
each.

All tranches mature 18 months after the date of the Agreement.  The
Agreement provides that the entire outstanding balance under the
Agreement, along with a required 25% prepayment penalty, may be
paid to the investor at the option of the Company, in whole, at any
time.  The investor may convert the convertible notes at any time
beginning six months after funding, into shares of the Company's
common stock at a fixed rate of $0.045 per share.  In addition,
there are mandatory monthly conversions beginning 180 days after
funding.  Each monthly conversion amount will generally be equal to
one-twelfth of the $631,500 amount of the note facility, plus
accrued interest and any other fees or penalties assessed in
accordance with the Agreement.  The Company may, at its option, pay
all or any portion of a mandatory note conversion in cash, or a
combination of cash and conversion shares, without penalty,
provided it makes a timely election to do so.  The number of shares
of common stock to be initially delivered upon conversion will be
equal to the dollar amount being converted divided by the variable
conversion price.  The variable conversion price is the lesser of
$0.045 per share, or 70% of the average of the three lowest daily
volume weighted average prices over the 15 trading day period prior
to the date of conversion.  The number of shares of the Company's
common stock required to be issued to the investor upon any
mandatory conversion may be subsequently adjusted upward in the
event that the recalculated variable conversion price on the 23rd
trading day following the date of conversion is lower than the
calculated variable conversion price on the date of conversion.  In
that case, the Company would be required to deliver the incremental
number of shares to the investor, determined based on the
recalculated variable conversion price.  The Company has reserved
50 million shares of its unissued common stock for potential
conversion of the convertible notes under this convertible note
facility.

The investor anticipates that upon any conversion, the shares of
stock it receives from the Company will be freely tradable in
compliance with Rule 144 of the U.S. Securities and Exchange
Commission.

                           About Coates

Based in Wall Township, N.J., Coates International, Ltd.
(OTC BB: COTE) -- http://www.coatesengine.com/-- was
incorporated on August 31, 1988, for the purpose of researching,
patenting and manufacturing technology associated with a spherical
rotary valve system for internal combustion engines.  This
technology was developed over a period of 15 years by Mr. George
J. Coates, who is the President and Chairman of the Board of the
Company.

The Coates Spherical Rotary Valve System (CSRV) represents a
revolutionary departure from the conventional poppet valve.  It
changes the means of delivering the air and fuel mixture to the
firing chamber of an internal combustion engine and of expelling
the exhaust produced when the mixture ignites.

As of June 30, 2015, the Company had $2.4 million in total assets,
$7.5 million in total liabilities and a stockholders' deficit of
$5.1 million.

In its report on the consolidated financial statements for the
year ended Dec. 31, 2014, Cowan, Gunteski & Co., P.A., expressed
substantial doubt about the Company's ability to continue as a
going concern, citing that the Company continues to have negative
cash flows from operations, recurring losses from operations, and a
stockholders' deficiency.


CONTINENTAL BUILDING: Moody's Raises CFR to B1, Outlook Positive
----------------------------------------------------------------
Moody's Investors Service upgraded Continental Building Products
LLC's Corporate Family Rating to B1 from B2 and revised its rating
outlook to positive from stable, based on Moody's expectation that
operating performance will continue to benefit from end market
growth.  In related rating actions, Moody's upgraded Continental's
Probability of Default Rating to B1-PD from B3-PD and upgraded the
ratings assigned to the company's first lien facility to B1 from
B2.  Moody's also changed Continental's Speculative Grade Liquidity
Rating to SGL-1 from SGL-2, supported by solid free cash flow and
availability under its revolving credit facility.

These ratings were affected by this action:

  Corporate Family Rating upgraded to B1 from B2;

  Probability of Default Rating upgraded to B1-PD from B3-PD;

  Senior Secured Revolving Credit Facility upgraded to B1 (LGD4)
   from B2 (LGD3);

  Senior Secured Term Loan upgraded to B1 (LGD4) from B2 (LGD3),
   and;

  Speculative Grade Liquidity Rating revised to SGL-1 from SGL-2.

RATINGS RATIONALE

The upgrade of Continental's Corporate Family Rating to B1 from B2
and the rating outlook change to positive from stable reflect
operating performance better than Moody's previously anticipated.
Continental continues to delever its balance sheet with excess free
cash flow, resulting in better key credit metrics.  Moody's expects
these debt payments to continue and now projects debt leverage to
approach 2.0x by FYE16 from 3.2x at 2Q15, with free cash
flow-to-debt projected to reach 34% over the same time horizon from
22.8% for LTM 2Q15 (all ratios incorporate Moody's standard
adjustments).  Earnings growth resulting from sustained strength in
key end markets and operating margin expansion has also bolstered
Continental's performance.

Moody's estimates new housing starts will be in the 1.15 million
range for 2015, a 15% increase from the 2014 total of about 1.0
million starts.  The National Association of Home Builders
Remodeling Market Index increased to 58.8 in 2Q15 from 56.6 in the
previous quarter, supporting continued growth in the repair and
remodeling market.  Operating leverage from higher shipment volumes
and favorable raw material costs both drive Continental's recent
expansion in its EBITA margin, which Moody's projects to reach 18%
through 2016 from about 17.25% for the twelve months through June
30, 2015.

The revision of Continental's Speculative Grade Liquidity Rating to
SGL-1 from SGL-2 reflects its improved liquidity profile, supported
by free cash flow generation and availability under its revolving
credit facility.  Moody's projects Continental will generate close
to $80 million in free cash flow over the next twelve months, which
should allow the company to continue to reduce balance sheet debt.
Continental's $50 million revolving credit facility, expected to
remain undrawn, provides additional liquidity for a potential
shortfall in cash flows.

The upgrades of Continental's $50.0 million senior secured
revolving credit facility and $330 million (originally $415
million) senior secured term loan to B1 from B2 both result
directly from the higher Corporate Family Rating, a key driver in
Moody's Loss Given Default analysis.

A rating upgrade could take place if Continental continues to
benefit from the strength in its key end markets, resulting in
improved operating performance and a continued reduction in balance
sheet debt that validates Moody's forecasts.  Higher ratings could
be considered if performance results in these credit metrics
(ratios incorporate Moody's standard adjustments):

   -- Debt-to-EBITDA sustained near 2.0x (3.2x at 2Q15)
   -- EBITA-to-interest expense above 5.5x (2.9x at LTM 2Q15)

Negative rating actions could occur if Continental's operating
performance falls below Moody's expectations, resulting in these
credit metrics (ratios incorporate Moody's standard adjustments)
and characteristics:

   -- Debt-to-EBITDA remaining above 4.0x
   -- EBITA-to-interest sustained below 2.0x
   -- Deterioration in the company's liquidity profile

Continental Building Products LLC, headquartered in Reston, VA,
manufactures gypsum wallboard and related products for use in
residential and commercial construction, as well as for repair and
remodeling applications.  It operates in the Eastern United States
and Eastern Canada.  Lone Star Funds, through its affiliates, is
the largest shareholder of Continental.  Revenues for the 12 months
through June 30, 2015 totaled approximately $440 million.

The principal methodology used in these ratings was Global
Manufacturing Companies published in July 2014.



CORINTHIAN COLLEGES: ED Wants Investigation Deadline Extended
-------------------------------------------------------------
The United States Government, on behalf of the Department of
Education, asks the United States Bankruptcy Court for the District
of Delaware for an extension of the investigation termination date
to the effective date of Corinthian Colleges, Inc., et al.'s second
amended and modified combined disclosure statement and chapter 11
plan of liquidation plan or the effective date of any other
modified or amended plan confirmed by the court.

ED tells the Court that it is concerned that the Debtors'
liquidation will be funded by federal student loan disbursements
that are held in trust for the United States and are not part of
the Debtors’ estate.  ED says it needs additional time to trace
those funds through the Debtors' numerous bank accounts to
determine whether the Debtors' accounts still contain trust funds
and, if so, how much.  An extension of the deadline will enable ED
with time to work with the Debtors and the Administrative Agent,
Bank of America, N.A., to avoid costly litigation.

Corinthian Colleges, Inc., Pegasus Education, Inc., and 23
affiliated entities
   
          Mark D. Collins, Esq.
          Michael J. Merchant, Esq.
          Marisa A. Terranova, Esq.
          Amanda R. Steele, Esq.
          RICHARDS, LAYTON & FINGER, P.A.
          920 N. King Street
          Wilmington, DE 19801
          Tel: (302) 651-7700
          Fax: (302) 651-7701
          Email: collins@rlf.com
                 merchant@rlf.com
                 terranova@rlf.com
                 steele@rlf.com

United States, on behalf of its Department of Education is
represented by:

          Benjamin C. Mizer, Esq.
          Charles M. Oberly, III, Esq.
          Ellen Slights, Esq.
          Ruth A. Harvey, Esq.
          Tracy J. Whitaker, Esq.
          Llyod H. Randolph, Esq.
          John R. Kreese, Esq.
          Danielle A. Pham, Esq.
          U. S. DEPARTMENT OF JUSTICE
          Civil Division
          P. O. Box 875
          Ben Franklin Station
          Washington, D.C. 20044-0875
          Tel: (202) 307-0356

                     About Corinthian Colleges

Corinthian Colleges, Inc., Pegasus Education, Inc., and 23
affiliated entities filed voluntary Chapter 11 petitions (Bankr. D.
Del. Lead Case No. 15-10952) on May 4, 2015, to complete an orderly
wind down of its operations.  The cases are jointly administered
Case No. 15-10952.

Judge Kevin J. Carey presides over the case.  Richards, Layton &
Finger, P.A., represents the Debtors in their restructuring
efforts; FTI Consulting, Inc., serves as restructuring advisors and
Rust Consulting/Omni Bankruptcy serves as claims and noticing
agent.

Corinthian Colleges, Inc., disclosed $721,596,789 in assets and
$2,929,448,278 in liabilities as of the Chapter 11 filing.

The Debtor filed with the Court a first amended and modified
combined disclosure statement and plan of liquidation.  The
Combined Plan incorporates a compromise between the Debtors, the
Official Committee of Unsecured Creditors, the Student Committee
and the Prepetition Secured Parties as to the Distribution of the
Debtors' assets already liquidated or to be liquidated over time to
the Holders of Allowed Claims in accordance with the terms of the
Combined Plan and Disclosure Statement and the priority of claims
provisions of the Bankruptcy Code.

The U.S. Trustee for Region 3 appointed five creditors to serve on
the official committee of unsecured creditors.  Cooley LLP serves
as its lead counsel, Foley & Mansfield, PLLP serves as its local
counsel, and Province Inc. serves as its financial advisor.


CORINTHIAN COLLEGES: Panel Investigation Termination Date Extended
------------------------------------------------------------------
Judge Kevin J. Carey of the United States Bankruptcy Court for the
District of Delaware approved a stipulation entered into by and
between The Official Committee of Unsecured Creditors appointed in
the Chapter 11 cases of Corinthian Colleges, Inc., et al., and Bank
of America, N.A., in its capacity as administrative agent for the
prepetition first lien lenders, to further extend the investigation
termination date relating to the prepetition liens and prepetitions
secured obligations of the prepetition secured parties and other
claims.

Pursuant to the Stipulation, the investigation termination date and
all of the rights of the Committee and the Prepetition Secured
Parties of the CCO are extended and reserved until the effective
date of the second modified plan, as may be further amended or
modified with the consent of the administrative agent.  In
avoidance of doubt, if the second modified plan is not confirmed or
is confirmed but does not become effective, the investigation
termination date, and the right of a Chapter 7 trustee to file and
prosecute challenges in the event that these cases are converted to
chapter 7 of the Bankruptcy Code will not be deemed to have expired
or been otherwise waived.

Corinthian Colleges, Inc., Pegasus Education, Inc., and 23
affiliated entities
   
          Mark D. Collins, Esq.
          Michael J. Merchant, Esq.
          Marisa A. Terranova, Esq.
          Amanda R. Steele, Esq.
          RICHARDS, LAYTON & FINGER, P.A.
          920 N. King Street
          Wilmington, DE 19801
          Tel: (302) 651-7700
          Fax: (302) 651-7701
          Email: collins@rlf.com
                 merchant@rlf.com
                 terranova@rlf.com
                 steele@rlf.com

Official Committee of Unsecured Creditors is represented by:

          Frederick B. Rosner, Esq.
          Julia B. Klein, Esq. (DE 5198)
          THE ROSNER LAW GROUP LLC
          824 Market Street, Suite 810
          Wilmington, DE 19801
          Tel: (302) 777-1111
          Email: rosner@teamrosner.com
                 klein@teamrosner.com

             -- and --
   
          H. Jeffrey Schwartz, Esq.
          Bennett S. Silverberg, Esq.
          BROWN RUDNICK LLP
          Seven Times Square
          New York, NY 10036
          Tel: (212) 209-4800
          Email: jschwartz@brownrudnick.com
                 bsilverberg@brownrudnick.com

Bank of America, N.A. is represented by:

          Jeremy W. Ryan, Esq.
          POTTER ANDERSON & COROON LLP
          1313 North Market Street, Sixth Floor
          P.O. Box 951
          Wilmington, DE 19899-0951
          Tel: (302) 984-6000
          Email: jryan@potteranderson.com

             -- and --

          Jennifer C. Hagle, Esq.
          Anna Gumport, Esq.
          SIDLEY AUSTIN LLP
          555 West Fifth Street, Suite 4000
          Los Angeles, CA 90013
          Tel: (213) 896-6000
          Email: jhagle@sidley.corn
                 agumport@sidley.com

                      About Corinthian Colleges

Corinthian Colleges, Inc., Pegasus Education, Inc., and 23
affiliated entities filed voluntary Chapter 11 petitions (Bankr. D.
Del. Lead Case No. 15-10952) on May 4, 2015, to complete an orderly
wind down of its operations.  The cases are jointly administered
Case No. 15-10952.

Judge Kevin J. Carey presides over the case.  Richards, Layton &
Finger, P.A., represents the Debtors in their restructuring
efforts; FTI Consulting, Inc., serves as restructuring advisors and
Rust Consulting/Omni Bankruptcy serves as claims and noticing
agent.

Corinthian Colleges, Inc., disclosed $721,596,789 in assets and
$2,929,448,278 in liabilities as of the Chapter 11 filing.

The Debtor filed with the Court a first amended and modified
combined disclosure statement and plan of liquidation.  The
Combined Plan incorporates a compromise between the Debtors, the
Official Committee of Unsecured Creditors, the Student Committee
and the Prepetition Secured Parties as to the Distribution of the
Debtors' assets already liquidated or to be liquidated over time to
the Holders of Allowed Claims in accordance with the terms of the
Combined Plan and Disclosure Statement and the priority of claims
provisions of the Bankruptcy Code.

The U.S. Trustee for Region 3 appointed five creditors to serve on
the official committee of unsecured creditors.  Cooley LLP serves
as its lead counsel, Foley & Mansfield, PLLP serves as its local
counsel, and Province Inc. serves as its financial advisor.


DOMARK INTERNATIONAL: Announces Change of Control
-------------------------------------------------
Domark International, Inc. issued to Andrew Ritchie, the Company's
chief executive officer and sole director, and Thomas Crompton, the
Company's chief financial officer, a total of 1,950,000 shares of
its Series B Convertible Preferred Stock.  The Company issued
1,170,000 shares of Series B Convertible Preferred Stock to Mr.
Ritchie in full payment of $365,708 in accrued compensation owed to
him and $70,000 in advances that Mr. Ritchie had made to the
Company.  The Company issued Mr. Crompton 780,000 shares of Series
B Convertible Preferred Stock in full payment of $203,121 in
accrued compensation and $30,732 in advances to the Company.

Because of the majority voting rights afforded by the Series B
Convertible Preferred Stock, the Board of Directors determined that
a change of control occurred on Aug. 13, 2015, with control of the
Company shifting from those shareholders holding a majority of the
voting control of the Company to Mr. Ritchie and Mr. Crompton.

Mr. Ritchie intends to vote all shares to which he is entitled to
vote in favor of himself as a director at the Company's next
meeting for the election of directors.  As the Company's sole
director, Mr. Ritchie also intends to maintain himself as chief
executive officer of the Company.

                  Unregistered Sale of Securities

Beginning July 21, 2015, Domark International borrowed an
additional $130,000 pursuant to convertible promissory notes
previously entered into with several institutional investors. These
monies are convertible into the Company's common stock at a
discount to the stock's trading price.

                        Amendments to Bylaws

On Aug. 11, 2015, the Company filed two Certificates of Designation
with the Secretary of State of Nevada creating two series of
preferred stock: Class A Convertible Preferred Stock and Class B
Convertible Preferred Stock.  These designations were accepted by
the Secretary of State of Nevada and became effective on Aug. 13,
2015.

Class A Convertible Preferred Stock has voting rights of 1,000 per
share of preferred stock and is convertible into 1,000 shares of
common stock per share of preferred stock at the election of the
holder.

Class B Convertible Preferred Stock has voting rights equal to 51%
of the voting power of the Company.  Each share of Class B
Convertible Preferred Stock is convertible into 8,000 shares of
common stock at the election of the holder.

                    About Domark International

Based in Lake Mary, Florida, DoMark International, Inc., was
incorporated under the laws of the State of Nevada on March 30,
2006.  The Company was formed to engage in the acquisition and
refinishing of aged furniture using exotic materials and then
reselling it through interior decorators, high-end consignment
shops and online sales.  The Company abandoned its original
business of exotic furniture sales in May of 2008 and pursued the
acquisition of entities to best bring value to the company and its
shareholders.

For the nine months ended Feb. 28, 2015, the Company reported a net
loss of $1.86 million on $0 of sales compared to a net loss of
$2.34 million on $0 of sales for the same period a year ago.

As of Feb. 28, 2015, the Company had $1.33 million in total assets,
$3.53 million in total liabilties and a $2.19 million total
stockholders' deficit.

The Company said it has inadequate working capital to maintain or
develop its operations, and is dependent upon funds from private
investors, promissory notes from lenders, and the support of
certain stockholders.  These factors raise substantial doubt about
the ability of the Company to continue as a going concern,
according to the Company's quarterly report for the period ended
Feb. 28, 2015.


DOMARK INTERNATIONAL: Terminates Form S-8 Prospectus
----------------------------------------------------
Domark International, Inc., filed a post-effective amendment to its
Form S-8 registration statement solely to deregister any and all
securities previously registered under the Registration Statement
with respect to the 2015 Stock Compensation Plan.  The Company has
not issued any shares pursuant to that plan and wishes to terminate
the effectiveness of the Registration Statement.  A copy of the
prospectus is available at http://is.gd/LV1yaX

                   About Domark International

Based in Lake Mary, Florida, DoMark International, Inc., was
incorporated under the laws of the State of Nevada on March 30,
2006.  The Company was formed to engage in the acquisition and
refinishing of aged furniture using exotic materials and then
reselling it through interior decorators, high-end consignment
shops and online sales.  The Company abandoned its original
business of exotic furniture sales in May of 2008 and pursued the
acquisition of entities to best bring value to the company and its
shareholders.

For the nine months ended Feb. 28, 2015, the Company reported a net
loss of $1.86 million on $0 of sales compared to a net loss of
$2.34 million on $0 of sales for the same period a year ago.

As of Feb. 28, 2015, the Company had $1.33 million in total assets,
$3.53 million in total liabilties and a $2.19 million total
stockholders' deficit.

The Company said it has inadequate working capital to maintain or
develop its operations, and is dependent upon funds from private
investors, promissory notes from lenders, and the support of
certain stockholders.  These factors raise substantial doubt about
the ability of the Company to continue as a going concern,
according to the Company's quarterly report for the period ended
Feb. 28, 2015.


DUNE ENERGY: Sept. 17 Hearing on Plan and Disclosure Statement
--------------------------------------------------------------
BankruptcyData reports that Dune Energy filed with the U.S.
Bankruptcy Court a Chapter 11 Plan and related Disclosure
Statement.

According to the Disclosure Statement, "Except to the extent that
the holder of a particular Administrative Claim has agreed to a
different treatment of its Claim, the Plan provides that
Administrative Claims shall be paid in full on the Effective Date;.
. .  With respect to holders of Priority Unsecured Non-Tax Claims,
the Plan provides that, that absent agreement, holders of Allowed
Priority Unsecured Non-Tax Claims shall receive Cash in the amount
of their Priority Unsecured Non-Tax Claims. . . .  With respect to
a Secured Claim (including a Claim that that would otherwise be a
Priority Unsecured Tax Claim, but for the secured status of the
claim), the holder of that Claim will receive on account of such
Claim either . . . a Distribution equal to 100% of its claim in
cash on the Effective Date. . . .  Confirmation of the Plan is not
likely to be followed by the liquidation or the need for further
financial reorganization of the Debtors or any successor to the
Debtors under the Plan, unless such liquidation or reorganization
is proposed in the Plan."

The Disclosure Statement further notes, "Without the First Lien
Lenders' agreement to allow the use of their Cash Collateral to
fund the chapter 11 Bankruptcy Cases and the Plan, there is likely
no source of funding to confirm the Plan, and the Debtors'
Bankruptcy Cases might be converted to chapter 7 if no other
funding sources are available. In such case, the Debtors believe it
is highly unlikely that holders of General Unsecured Claims would
receive any significant Distribution on their Claims because the
First Lien Lenders and the Second Lien Noteholders hold claims
totaling approximately $112.3 million and such Claimholders were
granted security interests in and liens against substantially all
of the Debtors' assets prepetition."

The Court scheduled a September 17, 2015 to consider both the
Disclosure Statement and Plan.

                       About Dune Energy

Dune Energy, Inc. (OTCMKTS: DUNR) is an independent energy company
based in Houston, Texas.  Since May 2004, the Company has been
engaged in the exploration, development, acquisition and
exploitation of natural gas and crude oil properties, with
interests along the Louisiana/Texas Gulf Coast.  The Company's
properties cover over 90,000 gross acres across 27 producing oil
and natural gas fields.

Affiliates Dune Energy, Inc. (Bankr. W.D. Tex. Case No. 15-10336),
Dune Operating Company (Bankr. W.D. Tex. Case No. 15-10337), and
Dune Properties, Inc. (Bankr. W.D. Tex. Case No. 15-10338) filed
separate Chapter 11 bankruptcy petitions on March 8, 2015.  The
petitions were signed by James A. Watt, president and chief
executive officer.

Judge Christopher H. Mott presides over the case.  Charles A.
Beckham, Jr., Esq., Kourtney P. Lyda, Esq., and Kelli M.
Stephenson, Esq., at Haynes And Boone, LLP, serve as the Debtors'
bankruptcy counsel.  Deloitte Transactions And Business Analytics
LLP is the Debtors' restructuring advisors.  Parkman Whaling LLC
is the Debtors' sale professionals.

The Debtors listed $229 million in total assets and $144 million
in total debts as of Sept. 30, 2014.  In their schedules, Dune
Energy Inc., et al., disclosed $263,337,172 in assets and
$107,981,306 in liabilities.

The U.S. trustee overseeing the Chapter 11 case of Dune Energy
appointed three creditors to serve on the official committee of
unsecured creditors.  The Committee is represented by Hugh M.
Ray, Esq., at McKool Smith, P.C.


ENERGY FUTURE: Dec. 14 Asbestos Claims Bar Date Set
---------------------------------------------------
UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE

Power Plant Employees and Contractors

If you or a family member ever worked at a power plant, you could
have been exposed to asbestos.

To keep your right to compensation if you become ill in the future
(or have asbestos-related illness today), you must submit a claim
by December 14, 2015, at 5:00 p.m., prevailing Eastern Time

A bankruptcy has been filed by Energy Future Holding Corp., Ebasco
Services, Inc. EECI, Inc. and certain subsidiaries ("EFH").  EFH
owned, operated, maintained, or built power plants across the
United States and in other countries where asbestos may have been
present.  Workers at these power plants (and family members and
others who came into contact with these workers) may have been
exposed to asbestos.

Under the supervision of the Court, EFH is seeking a "clean start"
by restructuring its debts.  As part of this process, the Court has
decided that anyone who has a claim today against EFH for
asbestos-related illness or who may develop asbestos-related
illness in the future, must submit a claim by December 14, 2015, at
5:00 p.m., prevailing Eastern Time to be eligible for compensation
now or in the future (the "Asbestos Bar Date")

Which power plants are included?
Power plants related to EFH in which asbestos exposure may have
occurred were located across the United States and in foreign
countries.  The list of included power plants is provided at the
end of this notice.

How could this affect me?
You could have been exposed to asbestos if you or a family member
worked at any of the included power plants as an employee, a
contractor or in any other role.  You also could have been exposed
by coming in contact with another person who worked at a power
plant (for example, if asbestos was brought home on your spouse or
parent's clothing).  You may also file a claim on behalf of a
deceased family member.

What are my options?
If you believe that you or a family member may have been exposed to
asbestos at an included plant, submit a claim by December 14, 2015,
at 5:00 p.m., prevailing Eastern Time.  Even if you have not
been diagnosed with disease or experienced symptoms, you must make
a claim to preserve your right to compensation if you develop
asbestos-related illness in the future.  You can submit a claim
yourself or you can ask a lawyer to help you.

If you do not submit a claim by December 14, 2015, at 5:00 p.m.,
prevailing Eastern Time and later develop asbestos-related disease,
you will not be eligible for compensation.

This notice explains your options regarding the Court's order
related to asbestos claims ("Asbestos Bar Date Order"), how to
submit an asbestos claim and the consequences of doing nothing.

                 About Energy Future Holding Corp.

Energy Future Holdings Corp., formerly known as TXU Corp., is A
privately held diversified energy holding company with a Portfolio
of competitive and regulated energy businesses in Texas.

Oncor, an 80 percent-owned entity within the EFH group, is the
Largest regulated transmission and distribution utility in Texas.

The Company delivers electricity to roughly three million delivery
points in and around Dallas-Fort Worth.  EFH Corp. was created in
October 2007 in a $45 billion leverage buyout of Texas power
company TXU in a deal led by private-equity companies Kohlberg
Kravis Roberts & Co. and TPG Inc.

On April 29, 2014, Energy Future Holdings and 70 affiliated
companies sought Chapter 11 bankruptcy protection (Bankr. D. Del.
Lead Case No. 14-10979) after reaching a deal with some key
financial stakeholders to keep its businesses operating
whilereducing its roughly $40 billion in debt.

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi (CSS).  The Debtors are seeking to have their cases jointly
administered for procedural purposes.

As of Dec. 31, 2013, EFH Corp. reported assets of $36.4 billion in
book value and liabilities of $49.7 billion.  The Debtors have $42
billion of funded indebtedness.

EFH's legal advisor for the Chapter 11 proceedings is Kirkland &
Ellis LLP, its financial advisor is Evercore Partners and its
restructuring advisor is Alvarez & Marsal.  The TCEH first lien
lenders supporting the restructuring agreement are represented by
Paul, Weiss, Rifkind, Wharton & Garrison, LLP as legal advisor, and
Millstein & Co., LLC, as financial advisor.

The EFIH unsecured creditors supporting the restructuring agreement
are represented by Akin Gump Strauss Hauer & Feld LLP, as legal
advisor, and Centerview Partners, as financial advisor.  The EFH
equity holders supporting the restructuring agreement are
represented by Wachtell, Lipton, Rosen & Katz, as legal advisor,
and Blackstone Advisory Partners LP, as financial advisor.  Epiq
Systems is the claims agent.

Wilmington Savings Fund Society, FSB, the successor trustee for the
second-lien noteholders owed about $1.6 billion, is represented by
Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A.
Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq.,
Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey,
Esq., and Howard L. Siegel, Esq.

An Official Committee of Unsecured Creditors has been appointed in
the case.  The Committee represents the interests of the unsecured
creditors of ONLY of Energy Future Competitive Holdings Company
LLC; EFCH's direct subsidiary, Texas Competitive Electric Holdings
Company LLC; and EFH Corporate Services Company, and of no other
debtors.  The Committee has selected Morrison & Foerster LLP and
Polsinelli PC for representation in this high-profile energy
restructuring.  The lawyers working on the case are James M. Peck,
Esq., Brett H. Miller, Esq., and Lorenzo Marinuzzi, Esq., at
Morrison & Foerster LLP; and Christopher A. Ward, Esq., Justin K.
Edelson, Esq., Shanti M. Katona, Esq., and Edward Fox, Esq., at
Polsinelli PC.



ERF WIRELESS: Accepts Resignation of Interim CFO
------------------------------------------------
ERF Wireless, Inc. received and accepted the resignation of Greg
Smith as director, executive vice president, and interim chief
financial officer in order to enable Mr. Smith to accept a
consulting position with an independent restructuring team
providing financial and restructuring advisory services to ERF
Wireless and its subsidiaries.

Mr. Smith has served in various executive officer positions with
ERF Wireless including initial chief executive officer and chief
financial officer, executive vice president over Mergers,
Acquisitions, and Strategic Planning since Aug. 1, 2004.

                        About ERF Wireless

Based in League City, Texas, ERF Wireless, Inc., provides secure,
high-capacity wireless products and services to a broad spectrum of
customers in primarily underserved, rural and suburban parts of the
United States.

ERF Wireless reported a net loss attributable to the company of
$7.26 million in 2013, a net loss of $4.81 million in 2012, and a
net loss of $3.37 million in 2011.

As of Sept. 30, 2014, the Company had $3.59 million in total
assets, $10.4 million in liabilities, and a $6.84 million
shareholders' deficit.


ESTERLINA VINEYARDS: Section 341 Meeting Set for Sept. 18
---------------------------------------------------------
There's a meeting of creditors in the bankruptcy case of  Esterlina
Vineyards & Winery, LLC on Sept. 18, 2015, at 11:00 a.m. at Santa
Rosa U.S. Trustee Office.  Proofs of claim are due by Dec. 17,
2015.

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

All creditors are invited, but not required, to attend.  This
meeting of creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

Esterlina Vineyards & Winery, LLC filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Calif. Case No. 15-10841) on Aug. 12, 2015.
Eric Sterling signed the petition as president.  The Debtor
estimated assets of $10 million to $50 million and liabilities of
at least $1 million.  The Law Offices of Provencher & Flatt LLP
serves as the Debtor's counsel.  The case is assigned to Judge
Thomas E. Carlson.


FILMED ENTERTAINMENT: Gets Court Approval to Hire Prime Clerk
-------------------------------------------------------------
Filmed Entertainment Inc. received court approval to hire Prime
Clerk LLC as its official claims and noticing agent effective as of
Aug. 10, 2015.

The order, issued by U.S. Bankruptcy Judge Shelley Chapman of the
U.S. Bankruptcy Court for the Southern District of New York,
authorized Prime Clerk to perform noticing services and to
administer the proofs of claim filed in the company's bankruptcy
case.

Prime Clerk was also authorized to serve as the custodian of court
records and was designated as the authorized repository for all
proofs of claim.

The firm is entitled to indemnification pursuant to its engagement
agreement with Filmed Entertainment, according to the court
filing.

                    About Filmed Entertainment

Filmed Entertainment Inc. owns and operates the "Columbia House DVD
Club," a direct-to-customer distributor of movies and television
series in the United States. FEI conducts its business through
physical catalogues and through the http://www.columbiahouse.com/
Web site.  FEI was historically active in the musical compact disc
business, but exited the music business in 2010.  Founded in 1955
as a division of CBS Inc. to sell vinyl records and cassette tapes,
FEI is a unit of Pride Tree Holdings, Inc., which acquired FEI in
December 2012.

On Aug. 10, 2015 FEI filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. S.D.N.Y.
Case No. 15-12244) in Manhattan, New York.  The case is pending
before the Honorable Shelley C. Chapman.

The Debtor tapped Griffin Hamersky P.C. as counsel, and Prime Clerk
LLC as claims and noticing agent.

The Debtor estimated assets of $1 million to $10 million and debt
of $50 million to $100 million.


FILMED ENTERTAINMENT: Has Until Sept. 8 to File Schedules
---------------------------------------------------------
Judge Shelley C. Chapman of the U.S. Bankruptcy Court for the
Southern District of New York extended until Sept. 8, 2015, the
time within which Filmed Entertainment, Inc., must file its
schedules of assets and liabilities and statement of financial
affairs.

                    About Filmed Entertainment

Filmed Entertainment Inc. owns and operates the "Columbia House DVD
Club," a direct-to-customer distributor of movies and television
series in the United States.  FEI conducts its business through
physical catalogues and through the http://www.columbiahouse.com/
Web site.  FEI was historically active in the musical compact disc
business, but exited the music business in 2010.  Founded in 1955
as a division of CBS Inc. to sell vinyl records and cassette tapes,
FEI is a unit of Pride Tree Holdings, Inc., which acquired FEI in
December 2012.

On Aug. 10, 2015 FEI filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. S.D.N.Y.
Case No. 15-12244) in Manhattan, New York.  The case is pending
before the Honorable Shelley C. Chapman.

The Debtor tapped Griffin Hamersky P.C. as counsel, and Prime Clerk
LLC as claims and noticing agent.

The Debtor estimated assets of $1 million to $10 million and debt
of $50 million to $100 million.


FILMED ENTERTAINMENT: Obtains Court Order Enforcing Automatic Stay
------------------------------------------------------------------
A federal judge granted Filmed Entertainment Inc.'s bid to enforce
the so-called automatic stay to protect its assets.

The order, issued by U.S. Bankruptcy Judge Shelley Chapman of the
U.S. Bankruptcy Court for the Southern District of New York,
enjoins creditors of Filmed Entertainment from taking or continuing
any action against the company or its property.  The court order
also restrains anyone from terminating or modifying his contracts
with Filmed Entertainment as a result of the company's bankruptcy
filing.

                    About Filmed Entertainment

Filmed Entertainment Inc. owns and operates the "Columbia House DVD
Club," a direct-to-customer distributor of movies and television
series in the United States. FEI conducts its business through
physical catalogues and through the http://www.columbiahouse.com/
Web site.  FEI was historically active in the musical compact disc
business, but exited the music business in 2010.  Founded in 1955
as a division of CBS Inc. to sell vinyl records and cassette tapes,
FEI is a unit of Pride Tree Holdings, Inc., which acquired FEI in
December 2012.

On Aug. 10, 2015 FEI filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. S.D.N.Y.
Case No. 15-12244) in Manhattan, New York.  The case is pending
before the Honorable Shelley C. Chapman.

The Debtor tapped Griffin Hamersky P.C. as counsel, and Prime Clerk
LLC as claims and noticing agent.

The Debtor estimated assets of $1 million to $10 million and debt
of $50 million to $100 million.


FINANCIAL HOLDINGS: Gets Final Approval to Obtain $70K Loan
-----------------------------------------------------------
A federal judge approved a $70,000 financing to get Financial
Holdings Inc. through bankruptcy.

Judge Gregory Schaaf of U.S. Bankruptcy Court for the Eastern
District of Kentucky gave final approval to the loan to be provided
by WPBAFB, LLC.

In exchange for the loan, WPBAFB will get an administrative expense
claim.  The loan will also be secured by Financial Holdings' shares
of common stock in American Founders Bank Inc.

The company, which obtained interim approval in June to get a loan
from WPBAFB, did not receive objections to the financing, according
to court filings.

                     About Financial Holdings

Financial Holdings, Inc., is a bank holding company, organized
under the laws of the Commonwealth of Kentucky, that owns 100% of
the common stock of two subsidiaries: (i) American Founders Bank,
Inc. and (ii) American Founders Statutory Trust I.  The Bank, in
turn, owns 100% of the voting common stock of American Founders
Loan Corporation.

Financial Holdings sought Chapter 11 protection (Bankr. E.D. Ky.
Case No. 15-51187) on June 16, 2015, in Lexington, Kentucky.  The
Bank, Statutory Trust, and AFLC, are not debtors in the Chapter 11
case.

The Debtor disclosed total assets of $11.9 million and total
liabilities of $40.6 million.

The case is assigned to Judge Gregory R. Schaaf.

The Debtor tapped Stoll Keenon Ogden, PLLC, as counsel, and Austin
Associates, LLC, as financial advisors.

Counsel to the proposed purchaser, WPB-AFB, LLC, are Michael G.
Dailey, Esq., Uday Gorrepati, Esq., and Susan Zaunbrecher, Esq., at
Dinsmore & Shohl, LLP, in Cincinnati, Ohio.


FLOATEL INTERNATIONAL: Bank Debt Trades at 25% Off
--------------------------------------------------
Participations in a syndicated loan under which Floatel
International AB is a borrower traded in the secondary market at
74.70 cents-on-the-dollar during the week ended Friday, August 7,
2015, according to data compiled by LSTA/Thomson Reuters MTM
Pricing and reported in the August 11, 2015, edition of The Wall
Street Journal. This represents a decrease of 0.35 percentage
points from the previous week, The Journal relates.  Floatel
International AB pays 500 basis points above LIBOR to borrow under
the facility.  The bank loan matures on May 16, 2020. Moody's rates
the loan 'B2' and Standard & Poor's gave a 'B' rating to the loan.
The loan is one of the biggest gainers and losers among 259 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended Friday, August 7.


FORTESCUE METALS: Bank Debt Trades at 18% Off
---------------------------------------------
Participations in a syndicated loan under which Fortescue Metals
Group Ltd is a borrower traded in the secondary market at 82.47
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents an increase of 0.69 percentage points from
the previous week, The Journal relates.  Fortescue Metals Group Ltd
pays 275 basis points above LIBOR to borrow under the facility.
The bank loan matures on June 13, 2019. Moody's rates the loan 'Ba1
and Standard & Poor's gave a 'BB+' rating to the loan.  The loan is
one of the biggest gainers and losers among 259 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, August 7.


FRAC TECH: Bank Debt Trades at 33% Off
--------------------------------------
Participations in a syndicated loan under which Frac Tech Services
Ltd is a borrower traded in the secondary market at 67.40
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents a decrease of 2.67 percentage points from
the previous week, The Journal relates.  Frac Tech Services Ltd
pays 475 basis points above LIBOR to borrow under the facility.
The bank loan matures on April 3, 2021. Moody's rates the loan
'Caa2' and Standard & Poor's gave a 'CCC+' rating to the loan.  The
loan is one of the biggest gainers and losers among 259 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended Friday, August 7.


FRANK NAZAR: Shuts Down Gino's Surf Banquet Hall & Luna Kai Bar
---------------------------------------------------------------
Frank Nazar and his son Frank Nazar Jr., which filed for Chapter 11
bankruptcy protection in May 2015, shut down their Gino's Surf
banquet hall and adjoining Luna Kai tiki bar in Harrison Township,
Michigan, this month, court records show.

The owners, who listed up to 49 creditors and estimated liabilities
of up to $50,000, said in a court filing, "Incurred large startup
costs to open and stock the business to operate properly;
collateral payments; sales tax."

A court document filed on Friday shows that the businesses had
operating losses of tens of thousands of dollars in June and July,
totaling about $85,255.

Mitch Hotts at The Macomb Daily reports that the Nazars are
represented by Birmingham-based attorney, Elias Xenos, Esq.


FRESH PRODUCE: Has Until August 24 to Decide on 7 Leases
--------------------------------------------------------
Judge Michael E. Romero of the United States Bankruptcy Court for
the District of Colorado, at the behest of Fresh Produce Holdings,
LLC, et al., extended through and including August 24, 2015, the
time for the Debtors to assume or reject leases for seven stores in
various locations.

On July 23, 2015, the Court entered an order permitting Tiger
Capital Group, LLC, to conduct store-closing sales at certain of
the Debtors' lease locations through August 15, 2015.  The Debtors
sought a brief extension of the deadline imposed by Section
365(d)(4)(A) of the Bankruptcy Code through the end of August 24,
to conclude the store closing sales in accordance with the Court's
May 22 Order, at which time they will be deemed rejected.

The Debtors explained that they and the Purchasers are current on
their lease obligations, and the extension requested is limited in
time so that the Debtors and Purchaser may liquidate the inventory
at those locations subject to the leases.  None of the affected
landlords oppose the requested extension.  Once the Liquidators
conclude the store closing sales on August 24, 2015, the Debtors
will have completed their obligations under the Store Closing
Orders.  The Debtors have determined in their business judgment
that continuing their performance under the leases past August 24
would be burdensome for the estate.

Fresh Produce Holdings, LLC, et al. are represented by:

          Michael J. Pankow, Esq.
          Joshua M. Hantman, Esq.
          Rafael R. Garcia-Salgado, Esq.
          BROWNSTEIN HYATT FARBER SCHRECK, LLP
          410 17th Street, Suite 2200
          Denver, Colorado 80202
          Tel: (303) 223-1100
          Fax: (303) 223-1111
          Email: mpankow@bhfs.com
                 jhantman@bhfs.com
                 rgarcia@bhfs.com

                     About Fresh Produce Holdings

Fresh Produce Holdings, LLC, and five separate entities filed
Chapter 11 petitions in the U.S. Bankruptcy Court for the District
of Colorado on April 4, 2015. Fresh Produce Holdings, LLC is the
parent company, and the various related or subsidiary entities
include: Fresh Produce Retail, LLC, Fresh Produce Sportswear, LLC,
Fresh Produce of St. Armands, LLC, FP Brogan-Sanibel Island, LLC,
and Fresh Produce of Coconut Point, LLC.  All of the cases are
jointly administered under Case No. 15-13485.

Headquartered in Boulder, Colorado Fresh Produce --
http://www.freshproduceclothes.com/-- designs, develops and
markets women's apparel and accessories.  The company says its
collections of tops, pants, skirts and dresses feature a signature
garment dye process with more than 80 percent produced in the
United States.  It says products are available in 26 company-owned
boutiques located across the United States, as well as 400
independent retail locations.

Fresh Produce Holdings disclosed $15,657,041 in assets and
$13,320,303 in liabilities as of the Chapter 11 filing.

The Debtors are represented by Michael J. Pankow, Esq., at
Brownstein Hyatt Farber Schreck, in Denver. The bankruptcy cases
are assigned to Judge Sidney B. Brooks.

The Debtor's subsidiary earlier commenced bankruptcy cases on April
2, 2015: FP Brogan-Sanibel Island, LLC (Case No. 15-13420), Fresh
Produce Coconut Point, LLC (Case No. 15-13421), Fresh Produce of
St. Armands, LLC (Case No. 15-13417), Fresh Produce Retail, LLC
(15-13415), and Fresh Produce Sportswear, LLC (15-13416).

The U.S. Trustee for Region 19 amended the membership of the
Official Committee of Unsecured Creditors.  The Committee consists
of four unsecured creditors.


FRONTIER COMMUNICATIONS: Moody's Rates Sr. Secured Term Loan Ba2
----------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to Frontier
Communications Corporation's senior secured term loan A.
Concurrently, Moody's affirmed Frontier's Ba3 Corporate Family
Rating, Ba3-PD Probability of Default Rating, Ba3 senior unsecured
notes rating and SGL-1 Speculative Grade Liquidity Rating.
Frontier's outlook remains stable.

Proceeds from the new term loan A will be used to help finance the
purchase of Verizon Communications, Inc.'s local wireline assets in
the states of Florida, Texas, and California.

Ratings Assigned:

Issuer: Frontier Communications Corporation

  Senior Secured Term Loan A, assigned Ba2, LGD3

Ratings Affirmed:

Issuer: Frontier Communications Corporation

  Corporate Family Rating (Local Currency), Affirmed Ba3
  Probability of Default Rating, Affirmed Ba3-PD
  Speculative Grade Liquidity Rating, Affirmed SGL-1
  Senior Unsecured Notes, Affirmed Ba3, LGD4
  Underlying Senior Unsecured Notes, Affirmed Ba3, LGD4

Issuer: New Communications Holdings Inc. (assumed by Frontier
Communications Corporation)

  Backed Senior Unsecured Notes, Affirmed Ba3, LGD4

Outlook Actions:

Issuer: Frontier Communications Corporation

  Outlook; Remains Stable

RATINGS RATIONALE

Frontier's Ba3 CFR reflects its large scale of operations, its
strong and predictable cash flows and high margins.  Following the
acquisition of Verizon's assets in Florida, Texas and California,
Frontier will dramatically improve its scale and acquire valuable
assets that are strongly positioned versus the incumbent cable
competitors.  These factors are offset by the company's challenged
competitive position versus cable operators in its legacy Frontier
territories, its weak revenue trend and the possibility that the
company may not have the discipline to continue to adequately
invest in network modernization.

Moody's projects Frontier's leverage to be around 4.1x (Moody's
adjusted) at year end 2017 before falling further in 2018 due to
expected debt repayment and synergy realization.  Moody's
anticipates approximately $2.75 billion of the $10 billion purchase
price of these assets to be funded with previously raised equity
capital, $1.5 billion funded with the new senior secured term loan
A and the remaining $6 billion to be funded with to be issued
unsecured debt.

The acquisitions will double Frontier's size to over $11 billion in
revenues, adding nearly 6.1 million additional households and about
2.2 million additional broadband connections.  Moody's expects
Frontier's consolidated revenue over the next several years to
remain approximately flat as the growth within the acquired Verizon
wireline properties offsets the low single digit percentage decline
at the legacy Frontier business.  The Verizon acquisition is
positive to Frontier's cash flow profile given the high margins of
the acquired wireline business and the high penetration of FiOS
within the footprint resulting in favorable capital intensity.

The ratings for the debt instruments reflect both the probability
of default of Frontier, on which Moody's maintains a PDR of Ba3-PD,
and individual loss given default assessments.  The senior secured
term loan is rated Ba2 (LGD3), one notch above the company's Ba3
CFR due to its enhanced collateral.

The secured debt will benefit from a pledge of 100% of the stock of
Frontier North, Inc.  Approximately $700 million of existing
unsecured debt and the company's $750 million revolving credit
facility will be granted the same security as the new secured term
loan, based on the terms governing these existing borrowings.  In
addition, Frontier North is the issuer of $200 million of unsecured
notes, which will remain structurally senior to the collateral.
Although it is likely that Frontier North will remain largely
unencumbered due to the terms governing the new credit facility,
Moody's assigns less value to an all-stock pledge relative to an
all-assets pledge and does not consider Frontier's secured debt to
be fully collateralized by this stock pledge. Moody's currently
rates Frontier's senior unsecured debt at Ba3 (LGD4), in line with
the CFR as the unsecured debt continues to represent the vast
majority of the company's debt obligations.  The ratings
incorporate the pro forma capital structure, including Frontier's
planned issuance of additional unsecured debt which will complete
the financing required to purchase Verizon's CA, FL and TX assets.

The stable outlook is based upon Moody's view that Frontier will
successfully integrate the acquired assets, maintain stable margins
and produce free cash flow after dividends of about 2-3% of total
debt.  The outlook also assumes that Frontier will repay debt at
maturity with operating cash flows for the next two to three
years.

Moody's could raise Frontier's ratings if leverage were to be
sustained comfortably below 3.75x (Moody's adjusted) and free cash
flow to debt were in the mid-single digits percentage range.
Moody's could lower Frontier's ratings if leverage were to exceed
4.25x (Moody's adjusted) or free cash flow turns negative, on a
sustained basis.  Also, the ratings could be lowered if the
company's liquidity becomes strained or if capital spending is
reduced below the level required to sustain the company's market
position.

Frontier Communications Corp. is an Incumbent Local Exchange
Carrier ("ILEC") headquartered in Stamford, CT.  For the last
twelve month ended March 31, 2015, the company generated
approximately $5 billion of revenue.

The principal methodology used in these ratings was Global
Telecommunications Industry published in December 2010.  Other
methodologies used include Loss Given Default for Speculative-Grade
Non-Financial Companies in the U.S., Canada and EMEA published in
June 2009.



GELTECH SOLUTIONS: Issues $200,000 Convertible Note to Mr. Reger
----------------------------------------------------------------
GelTech Solutions, Inc., issued Mr. Reger a $200,000 7.5% secured
convertible note in consideration for a $200,000 loan, according to
a regulatory filing with the Securities and Exchange Commission.  

The note is convertible at $0.77 per share and matures on Dec. 31,
2020.  Repayment of the note is secured by all of the Company's
assets including its intellectual property and inventory in
accordance with a secured line of credit agreement between the
Company and Mr. Reger.  Additionally, the Company issued Mr. Reger
129,871 two-year warrants exercisable at $2.00 per share.

All of the securities were issued without registration under the
Securities Act of 1933 in reliance upon the exemption provided in
Section 4(a)(2) and Rule 506(b) thereunder.

                           About GelTech

Jupiter, Fla.-based GelTech Solutions. Inc., is a Delaware
corporation organized in 2006.  The Company markets four products:
(1) FireIce(R), a water soluble fire retardant used to protect
firefighters, structures and wildlands; (2) Soil2O(R) 'Dust
Control', its new application which is used for dust mitigation in
the aggregate, road construction, mining, as well as, other
industries that deal with daily dust control issues; (3)
Soil2O(R), a product which reduces the use of water and is
primarily marketed to golf courses, commercial landscapers and the
agriculture market; and (4) FireIce(R) Home Defense Unit, a system
for applying FireIce(R) to structures to protect them from
wildfires.

GelTech incurred a net loss of $7.1 million for the year ended June
30, 2014, compared to a net loss of $5.2 million for the year ended
June 30, 2013.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended June 30, 2014, citing that the Company has a net
loss and net cash used in operating activities in 2014 of
$7,111,945 and $5,132,019 respectively and has an accumulated
deficit and stockholders' deficit of $35,133,578 and $1,898,315,
respectively, at June 30, 2014.  These matters raise substantial
doubt about the Company's ability to continue as a going concern.


GENERAL STEEL: Posts $1 Billion Net Loss for Second Quarter
-----------------------------------------------------------
General Steel Holdings, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $1.03 billion on $529 million of total sales for the
three months ended June 30, 2015, compared to a net loss of $16.5
million on $588 million of total sales for the same period during
the prior year.

For the six months ended June 30, 2015, the Company reported a net
loss of $1.11 billion on $857 million of total sales compared to a
net loss of $86.1 million on $1.18 billion of total sales for the
same period a year ago.

As of June 30, 2015, the Company had $1.29 billion in total assets,
$2.96 billion in total liabilities and total deficiency of $1.67
billion.

As of June 30, 2015, the Company had cash and restricted cash
aggregating $267 million, of which
$230 million was restricted.

"The steel business is capital intensive and as a normal industry
practice in PRC, the Company is highly leveraged.  Debt financing
in the form of short term bank loans, loans from related parties,
financing sales, bank acceptance notes, and capital leases have
been utilized to finance the working capital requirements and the
capital expenditures of the Company.  As a result, the Company's
debt to equity ratio as of June 30, 2015 and December 31, 2014 were
(1.8) and (5.6), respectively.  As June 30, 2015, the Company's
current liabilities exceed current assets (excluding non-cash item)
by $1.5 billion, which together with the gross loss from operations
raises substantial doubt about its ability to continue as a going
concern," according to the regulatory filing.

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

                      http://is.gd/TdIF0Q

                 About General Steel Holdings

General Steel Holdings, Inc., headquartered in Beijing, China,
produces a variety of steel products including rebar, high-speed
wire and spiral-weld pipe.  General Steel --
http://www.gshi-steel.com/-- has operations in China's Shaanxi and
Guangdong provinces, Inner Mongolia Autonomous Region and Tianjin
municipality with seven million metric tons of crude steel
production capacity under management.

General Steel reported a net loss of $78.3 million on $1.9 billion
of sales for the year ended Dec. 31, 2014, compared with a net loss
of $42.6 million on $2 billion of sales for the year ended Dec. 31,
2013.

Friedman LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
Dec. 31, 2014, citing that the Company has an accumulated deficit,
has incurred a gross loss from operations, and has a working
capital deficiency at Dec. 31, 2014.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


GENIUS BRANDS: Files Preliminary Form S-1 Prospectus with SEC
-------------------------------------------------------------
Genius Brands International, Inc., filed with the Securities and
Exchange Commission a Form S-1 registration statement relating to
the offering of units, each Unit consisting of one share of common
stock and one warrant to purchase one share of common stock.

The Company's common stock is quoted on the OTCQB under the symbol
"GNUS".  On Aug. 20, 2015, the last reported sale price for the
Company's common stock on the OTCQB was $2.08 per share.  The
Company intends to apply to list its common stock on the NASDAQ
Capital Market under the symbol "___".  No assurance can be given
that its application will be approved.

Each warrant is exercisable for one share of common stock.  The
warrants are immediately exercisable upon issuance in this public
offering at an initial exercise price of  ______ % of the public
offering price of one Unit in this offering.  The warrants will
expire on the ___ year anniversary of the date of issuance.

The shares of common stock issuable from time to time upon the
exercise of the warrants are also being offered pursuant to this
prospectus.

A full-text copy of the Form S-1 is available for free at:

                        http://is.gd/qWr4ix

                        About Genius Brands

Beverly Hills, Calif.-based Genius Brands International, Inc.,
creates and distributes music-based products which it believes are
entertaining, educational and beneficial to the well-being of
infants and young children under its brands, including Baby Genius
and Little Genius.

Genius Brands reported a net loss of $3.72 million in 2014, a net
loss of $7.21 million in 2013, a net loss of $2.06 million in
2012 and a net loss of $1.37 million in 2011.

As of March 31, 2015, the Company had $17.5 million in total
assets, $4.44 million in total liabilities and $13.09 million in
total equity.


GLYECO INC: Elects Varengo's Charles Trapp as Director
------------------------------------------------------
The Board of Directors of GlyEco, Inc. appointed Charles F. Trapp
to serve as a member of the Board, effective Aug. 17, 2015.

Mr. Kneller, 57, is currently the chief operating officer of
Verengo Solar, a leading residential solar installation business
that was founded in 2008 and grew rapidly to be a top 5 installer
by 2014.  

From 2010 to 2014, Mr. Kneller served as the vice president of
Sales & Operations at Sears Holding Company, where he led sales and
operations with full profit and loss responsibility of $1.3B, 740+
corporate stores, six franchise stores, multiple call centers, and
over 12,000 associates.  From 2007 to 2010, he served as the chief
executive officer of Aquion Water Treatment Products, a $250M
global manufacturer and marketer of water treatment equipment and
water quality solutions, where he was selected by the board to lead
the revitalization of the company and was responsible for a total
reorganization of the business.

Mr. Kneller will be compensated as a Board member in accordance
with the Company's FY2015 Director Compensation Plan.

                          About GlyEco, Inc.

Phoenix, Ariz.-based GlyEco, Inc., is a green chemistry company
formed to roll-out its proprietary and patent pending glycol
recycling technology that transforms waste glycols, a hazardous
material, into profitable green products.

As of March 31, 2015, the Company had $16.6 million in total
assets, $2.48 million in total liabilities and $14.09 million in
total stockholders' equity.

Glyeco reported a net loss attributable to common shareholders of
$8.73 million on $5.89 million of net sales for the year ended Dec.
31, 2014, compared with a net loss of $4 million on $5.53 million
of net sales for the year ended Dec. 31, 2013.

Semple, Marchal & Cooper, LLP, in Phoenix, Arizona, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has yet to
achieve profitable operations and is dependent on its ability to
raise capital from stockholders or other sources to sustain
operations and to ultimately achieve viable operations. These
factors raise substantial doubt about the Company's ability to
continue as a going concern.


GLYECO INC: Reports Fiscal Second Quarter Financial Results
-----------------------------------------------------------
GlyeCo, Inc., reported a net loss of $1.1 million on $2.04 million
of net sales for the three months ended June 30, 2015, compared to
a net loss of $1.11 million on $1.6 million of net sales for the
same period during the prior year.

For the six months ended June 30, 2015, the Company reported a net
loss of $2.05 million on $3.38 million of net sales compared to a
net loss of $2.3 million on $3.26 million of net sales for the same
period in 2014.

As of June 30, 2015, the Company had $15.9 million in total assets,
$2.59 million in total liabilities and total stockholders' equity
of $13.3 million.

"We continue to make progress in our operations and our revenues in
the second quarter are consistent with our expectations for growth
as we add retail customers and refine our processes to deliver our
concentrated and blended products.  We have reduced the expenses
related to corporate and are becoming more efficient on our field
operations.  In our New Jersey, South Carolina, and Florida
facilities, we have experienced healthy revenue gains while showing
our growing pains related to meeting the volume demands of our new
customers.  We anticipate that we will settle down these higher
expenses related to this expansion in our business along with our
satellite sales and delivery development, which began in the second
quarter through the southern portions of the country.  We have a
lot of work to do, however, we are reducing the costs associated
with running our business and as we move forward we believe the
costs to operate and manage our growing business will fall in line
with our profit expectations. Two of our facilities generated
greater than 20% EBITDA margins, and we believe our footprint will
meet these goals as we refine our new processes," said Mr. David
Ide, GlyEco chief executive officer and president.  "Our team
worked exceptionally well to book and board new business through
the first six months of 2015, as we updated and deployed our
industry leading Quality Control and Assurance Program, deployed
our initial field operations technology, and expanded into new
markets.  Our team is focused on continued growth and
profitability."

                         About GlyEco, Inc.

Phoenix, Ariz.-based GlyEco, Inc., is a green chemistry company
formed to roll-out its proprietary and patent pending glycol
recycling technology that transforms waste glycols, a hazardous
material, into profitable green products.

Glyeco reported a net loss attributable to common shareholders of
$8.73 million on $5.89 million of net sales for the year ended Dec.
31, 2014, compared with a net loss of $4 million on $5.53 million
of net sales for the year ended Dec. 31, 2013.

Semple, Marchal & Cooper, LLP, in Phoenix, Arizona, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has yet to
achieve profitable operations and is dependent on its ability to
raise capital from stockholders or other sources to sustain
operations and to ultimately achieve viable operations. These
factors raise substantial doubt about the Company's ability to
continue as a going concern.


GT ADVANCED: Aristeia, Latigo, New Generation Among DIP Lenders
---------------------------------------------------------------
Akin Gump Strauss Hauer & Feld LLP and Drummond Woodsum filed with
the Bankruptcy Court a fourth amended verified statement pursuant
to Rule 2019 of the Federal Rules of Bankruptcy Procedure to
disclose that both firms represent certain unaffiliated holders of
obligations arising from:

     (a) 3% Convertible Senior Notes due 2017 issued pursuant to
(i) the Indenture dated as of September 28, 2012 -- Base Indenture
-- among GT Advanced Technologies Inc., as issuer, and U.S. Bank
National Association, as trustee, and (ii) the First Supplemental
Indenture to the Base Indenture, dated as of September 28, 2012,
among GTAT, as issuer, and the Trustee, with respect to the 2017
Notes, and

     (b) 3% Convertible Senior Notes due 2020 issued pursuant to
(i) the Base Indenture and (ii) the Second Supplemental Indenture
to the Base Indenture, dated as of December 10, 2013, among GTAT,
as issuer, and the Trustee, with respect to the 2020 Notes.

Specifically, Akin Gump and Drummond represent certain of the
Noteholders as lenders that provided the Debtors with a
postpetition financing facility pursuant to the Senior Secured
Superpriority Debtor-In-Possession Credit Agreement, dated as of
July 27, 2015.  Drummond also represented Fidelity Convertible
Securities Investment Trust as local counsel on a limited matter
that has now been concluded.

Akin Gump and Drummond do not represent the Noteholders as a
"committee" (as such term is employed in the Bankruptcy Code and
Bankruptcy Rules) and do not undertake to represent the interests
of, and are not fiduciaries for, any creditor, party in interest,
or entities other than the Noteholders. In addition, the
Noteholders do not represent or purport to represent any other
entities in connection with the chapter 11 cases.

The lenders and the nature and amount of their disclosable economic
interest are:

     * Advantage Capital Management
       1221 Brickell Ave., Unit 2660
       Miami, FL 33131

       $2,621,000.00 of 2017 Notes
       $1,120,000.00 of 2020 Notes
         $180,981.97 of DIP Loans

     * AQR Capital Management, LLC
          as investment manager on behalf of the funds
          and accounts it manages
       Two Greenwich Plaza, 3rd Floor
       Greenwich, CT 06830

       $6,705,000.00 of 2017 Notes
       $3,505,797.23 of DIP Loans

     * Aristeia Capital, LLC
       136 Madison Avenue, 3rd Floor
       New York, NY 10016

       $12,367,000.00 of 2017 Notes
       $23,175,000.00 of 2020 Notes
       $16,029,493.67 of DIP Loans

     * BNP Paribas Securities Corp.
       787 Seventh Avenue, 8th Floor
       New York, NY 10019

        $4,220,000.00 of 2017 Notes
       $11,275,000.00 of 2020 Notes
       Short position of 298,529 shares of common stock

     * Castle Creek Arbitrage LLC
       227 W. Monroe, Suite 3550
       Chicago, IL 60606

       $2,750,000.00 of 2017 Notes
       $3,500,000.00 of 2020 Notes

     * CNH Partners, LLC
         as investment manager on behalf of the funds
         and accounts it manages
       Two Greenwich Plaza, 3rd Floor
       Greenwich, CT 06830

       $1,215,000.00 of 2017 Notes

     * Jefferies LLC
       520 Madison Ave
       New York, NY 10022

       $2,000,000.00 of 2017 Notes
       $7,500,000.00 of 2020 Notes
       $5,227,810.03 of DIP Loans


     * Latigo Partners, L.P.
       450 Park Avenue, 12th Floor
       New York, NY 10022

        $9,000,000.00 of 2017 Notes
       $16,265,000.00 of 2020 Notes
        $4,524,549.36 of DIP Loans
       600,000 shares of common stock

     * New Generation Advisors, LLC
       49 Union St.
       Manchester, MA 01944

       $25,550,000.00 of 2017 Notes
       $11,400,000.00 of 2020 Notes
       $11,161,217.66 of DIP Loans

     * Pine River Capital Management L.P.
          on behalf of the funds and accounts it manages
       601 Carlson Parkway, Suite 330
       Minnetonka, MN 55305

       $11,848,000.00 of 2017 Notes
        $6,500,00.00 of 2020 Notes
        $6,953,684.94 of DIP Loans

     * Privet Fund Management LLC
       79 West Paces Ferry Road, 2nd Floor
       Atlanta, GA 30305

       $17,176,000.00 of 2017 Notes
       $10,938,000.00 of 2020 Notes
        $4,378,670.45 of DIP Loans

     * Putnam Investment Management, LLC
       The Putnam Advisory Company, LLC
       One Post Office Square
       Boston MA 02109

       $3,880,00.00 of 2020 Notes

     * Quantum Partners LP
       888 Seventh Avenue, 33rd Fl.
       New York, NY 10106

        $3,750,000.00 of 2017 Notes
       $17,738,000.00 of 2020 Notes
        $9,122,027.04 of DIP Loans
       889,120 shares of common stock
       Unsecured claims totaling $5,000,000

     * Scoggin Capital Management LLC
       660 Madison Avenue, 20th Floor
       New York, NY 10065

       $12,000,000.00 of 2017 Notes
       $4,350,000.00 of 2020 Notes
       Unsecured claims totaling $3,000,000.00

     * Whitebox Advisors LLC
       3033 Excelsior Boulevard, Suite 300
       Minneapolis, MN 55416

        $1,049,000.00 of 2020 Notes
       $13,633,136.04 of DIP Loans
       Unsecured claims totaling $3,406,024.39

     * Wilfrid Aubrey LLC
       405 Lexington Avenue, Suite 3503
       New York, NY 10174

       $3,000,000.00 of 2017 Notes
       $4,000,000.00 of 2020 Notes
         $750,135.42 of DIP Loans

     * Wolverine Flagship Fund Trading Limited
       c/o Wolverine Asset Management, LLC
       175 W. Jackson Blvd., Suite 340
       Chicago, IL 60604

       $30,400,000.00 of 2017 Notes
       $11,730,215.38 of DIP Loans
       Short position of 317,616 shares of common stock,
       long position in 3,553 put option contracts,
       net short position in 2,327 call option contracts

The firms may be reached at:

     Benjamin E. Marcus, Esq.
     Jeremy R. Fischer, Esq.
     DRUMMOND WOODSUM
     1001 Elm Street, #303
     Manchester, NH 03101
     Telephone: (603) 716-2895
     E-mail: bmarcus@dwmlaw.com
             jfischer@dwmlaw.com

          - and -

     Michael S. Stamer, Esq.
     Brad M. Kahn, Esq.
     AKIN GUMP STRAUSS HAUER & FELD LLP
     One Bryant Park
     New York, NY 10036
     Telephone: (212) 872-1000
     E-mail: bkahn@akingump.com

                     About GT Advanced

Headquartered in Merrimack, New Hampshire, GT Advanced
Technologies Inc. -- http://www.gtat.com/-- produces materials
and equipment for the electronics industry.  On Nov. 4, 2013,
GTAT announced a multiyear supply deal with Apple Inc. to produce
sapphire glass material for use in consumer electronics products.

Under the deal, Apple would provide GTAT with a prepayment of
approximately $578 million paid in four installments and,
starting in 2015, GTAT would reimburse Apple for the prepayment
over a five-year period.

GT is a publicly held corporation whose stock was traded on
NASDAQ under the ticker symbol "GTAT."  GTAT was de-listed from
the NASDAQ stock exchange in October 2014.

As of June 28, 2014, the GTAT Group's unaudited and consolidated
financial statements reflected assets totaling $1.5 billion and
liabilities totaling $1.3 billion.  As of Sept. 29, 2014, GTAT
had $85 million in cash, $84 million of which is unencumbered.

On Oct. 6, 2014, GT Advanced Technologies and eight affiliates
filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.H. Lead Case No. 14-11916).  GT says
that it has sought bankruptcy protection due to a severe
liquidity crisis brought about by its issues with Apple.

The Debtors have tapped Nixon Peabody LLP and Paul Hastings LLP
as attorneys and Kurtzman Carson Consultants LLC as claims and
noticing agent.

The U.S. Trustee has named seven members to the Official
Committee of Unsecured Creditors.  The Committee' professionals
are Kelley Drye as its bankruptcy counsel; Devine, Millimet &
Branch, Professional Association as local counsel; EisnerAmper LLP
as financial advisors; and Houlihan Lokey Capital, Inc. as
investment banker.

GTAT has reached a settlement with Apple.  The settlement gives
Apple an approved claim for $439 million secured by more than
2,000 sapphire furnaces that GT Advanced owns and has four years
to sell, with proceeds going to Apple.  In addition, Apple gets
royalty-free, non-exclusive licenses for GTAT's technology.

The bankruptcy case is assigned to Judge Henry J. Boroff.

An ad hoc group of equity holders has sought appointment of an
official equity holders committee.  The group is represented by
Jason A. Manekas, Esq., at BERNKOPF GOODMAN LLP; and David Barrack,
Esq., and Christopher A. Ward, Esq., at POLSINELLI PC.


GT ADVANCED: Shareholders Fail to Show Panel Necessary, UST Says
----------------------------------------------------------------
The United States Trustee told Judge Henry Boroff on Thursday that
an ad hoc group of equity holders in GT Advanced Technologies Inc.
failed to meet its burden of demonstrating under 11 U.S.C. Sec.
1102(a)(2) that a committee is necessary to assure adequate
representation of equity security holders' interests at this time.


The U.S. Trustee reminded the Court that appointment of an equity
security holders' committee is an extraordinary remedy.  To meet
its burden under 11 U.S.C. Sec. 1102(a)(2), the U.S. Trustee said,
the ad hoc group must demonstrate:

     (i) that there is a substantial likelihood that equity holders
will receive a meaningful distribution in the case under a strict
application of the absolute priority rule, and

    (ii) that equity holders are unable to represent their
interests in the bankruptcy case without an official committee.

There's an Aug. 27 hearing (10:00 a.m.) to consider the appointment
request.

As reported by the Troubled Company Reporter on Aug. 3, 2015, the
Ad Hoc Committee of Equity Interest Holders in the Chapter 11 case
of GT Advanced Technologies Inc., et al., asked the U.S. Bankruptcy
Court for the District of New Hampshire to direct the appointment
of an official committee of equity security holders.  According to
the Ad Hoc Committee, the Debtors have enjoyed the protection of
the Bankruptcy Code for over nine months but have failed to make
any material progress toward a reorganization or plan of
liquidation.  

Jason A. Manekas, Esq., at Bernkopf Goodman LLP, in Boston, said
there is significant evidence that the Debtors have undervalued
certain material assets by a substantial amount.  Using the
reasonable assumptions in the Equity Valuation, the Ad Hoc
Committee estimates that the midpoint of the fair market value of
the GTAT Group assets is $1.548 billion with liabilities in the
amount of $1.003 billion, with an approximate equity valuation of
$545 million.

Mr. Manekas explained that based on the absence of any progress in
these cases and the proposed DIP financing, there is clearly no
party protecting the interests of existing equity holders.  The
equity holders should be represented in these cases, which are
currently being run solely for the benefit of the professionals and
the existing Noteholders, he added.

The Ad Hoc Committee is represented by:

          Jason A. Manekas, Esq.
          BERNKOPF GOODMAN LLP
          2 Seaport Lane, 9th Floor
          Boston, Massachusetts 02210
          Tel: (617) 790-3000
          Fax: (617) 790-3300
          Email: jmanekas@bg-llp.com

             -- and --

          David Barrack, Esq.
          POLSINELLI PC
          900 Third Avenue, 21st Floor
          New York, NY 10022
          Tel: (212) 684-0199
          Fax: (212) 684-0197
          Email: dbarrack@polsinelli.com

             -- and --

          Christopher A. Ward, Esq.
          POLSINELLI PC
          222 Delaware Avenue, Suite 1101
          Wilmington, Delaware 19801
          Tel: (302) 252-0920
          Fax: (302) 252-0921
          Email:cward@polsinelli.com

                     About GT Advanced

Headquartered in Merrimack, New Hampshire, GT Advanced
Technologies Inc. -- http://www.gtat.com/-- produces materials
and equipment for the electronics industry.  On Nov. 4, 2013,
GTAT announced a multiyear supply deal with Apple Inc. to produce
sapphire glass material for use in consumer electronics products.

Under the deal, Apple would provide GTAT with a prepayment of
approximately $578 million paid in four installments and,
starting in 2015, GTAT would reimburse Apple for the prepayment
over a five-year period.

GT is a publicly held corporation whose stock was traded on
NASDAQ under the ticker symbol "GTAT."  GTAT was de-listed from
the NASDAQ stock exchange in October 2014.

As of June 28, 2014, the GTAT Group's unaudited and consolidated
financial statements reflected assets totaling $1.5 billion and
liabilities totaling $1.3 billion.  As of Sept. 29, 2014, GTAT
had $85 million in cash, $84 million of which is unencumbered.

On Oct. 6, 2014, GT Advanced Technologies and eight affiliates
filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.H. Lead Case No. 14-11916).  GT says
that it has sought bankruptcy protection due to a severe
liquidity crisis brought about by its issues with Apple.

The Debtors have tapped Nixon Peabody LLP and Paul Hastings LLP
as attorneys and Kurtzman Carson Consultants LLC as claims and
noticing agent.

The U.S. Trustee has named seven members to the Official
Committee of Unsecured Creditors.  The Committee' professionals
are Kelley Drye as its bankruptcy counsel; Devine, Millimet &
Branch, Professional Association as local counsel; EisnerAmper LLP
as financial advisors; and Houlihan Lokey Capital, Inc. as
investment banker.

GTAT has reached a settlement with Apple.  The settlement gives
Apple an approved claim for $439 million secured by more than
2,000 sapphire furnaces that GT Advanced owns and has four years
to sell, with proceeds going to Apple.  In addition, Apple gets
royalty-free, non-exclusive licenses for GTAT's technology.

The bankruptcy case is assigned to Judge Henry J. Boroff.


GUIDED THERAPEUTICS: Advances LuViva PMA Application with FDA
-------------------------------------------------------------
Guided Therapeutics, Inc., has presented the U.S. Food and Drug
Administration with a plan for advancing the pre-market approval
application for the LuViva Advanced Cervical Scan.  In its
"pre-submission" letter, the Company also requested a meeting with
the agency to finalize the plan.

At the suggestion of the FDA, the Company plans to collect
additional scans on patients within the context of new cervical
cancer screening guidelines recently published by the American
Cancer Society, the American Society for Colposcopy and Cervical
Pathology, and the American Society for Clinical Pathology.  The
letter provides a proposal for a confirmatory study to supplement
data previously provided to the agency.  In the meeting, the
company hopes to gain agreement from the FDA on the study design.

"As we finalize our plan for working with the FDA towards approval
and entry into the U.S. market, our major corporate focus has been
to grow international sales in markets where LuViva can be used as
the primary screening test," said Gene Cartwright, chief executive
officer of Guided Therapeutics.  "For example, we recently achieved
a major milestone with the announcement of a $10 million order for
the Turkish Ministry of Health, and we continue to work with other
governments to include LuViva in their national cervical cancer
screening programs."

"In the meantime, we will continue to pursue FDA approval and
believe that the plan we put forth to the FDA is solid, addresses
the agency's additional questions and will lead to approval," Mr.
Cartwright said.

The Company currently has regulatory approval to sell LuViva in
Europe with the Edition 3 CE mark, and has marketing approvals from
COFEPRIS in Mexico, Health Canada and the Singapore Health Sciences
Authority, among others.  Additionally, expansion efforts are
ongoing in the Middle East, Asia and Latin America.

                      About Guided Therapeutics

Guided Therapeutics, Inc. (OTC BB and OTC QB: GTHP)
-- http://www.guidedinc.com/-- is developing a rapid and painless
test for the early detection of disease that leads to cervical
cancer.  The technology is designed to provide an objective result
at the point of care, thereby improving the management of cervical
disease.  Unlike Pap and HPV tests, the device does not require a
painful tissue sample and results are known immediately.  GT has
also entered into a partnership with Konica Minolta Opto to
develop a non-invasive test for Barrett's Esophagus using the
LightTouch technology platform.

For the year ended Dec. 31, 2014, the Company reported a net loss
attributable to common stockholders of $10.03 million on $65,000 of
contract and grant revenue compared to a net loss attributable to
common stockholders of $10.39 million on $820,000 of contract and
grant revenue in 2013.

As of June 30, 2015, the Company had $4 million in total assets,
$6.7 million in total liabilities and a stockholders' deficit of
$2.7 million.


GUIDED THERAPEUTICS: Submits Plan to Boost Cancer Screening Rates
-----------------------------------------------------------------
Guided Therapeutics, Inc., in cooperation with its distributor,
Stem World Enterprises, is working with the Kenyan National
Ministry of Health to help achieve First Lady Margret Kenyatta's
Beyond Zero program goal of screening up to 12,000,000 Kenyan women
for cervical cancer.  President Uhuru Kenyatta himself has set a
target of screening half the female population for cervical cancer
each year.

The proposal to help achieve the national target, if adopted, is to
place approximately 100 LuViva Advanced Scans at all Level 4 and 5
hospitals, as described in an article in Kenya's Daily Nation.  The
plan is to screen more than 1,000,000 women in the first year, and
expand the program in years two, three and four. Additionally,
several counties that maintain their own hospitals would implement
a complementary screening program with LuViva.  The first county to
implement the program, if accepted, would be Nairobi County Health
Services Sector, which has plans to screen approximately 10,800
women per month.  The Company is awaiting the final response from
the government regarding the proposal.

"We are pleased to have made the proposal to the Ministry of
Health, Beyond Zero and the counties to bring the latest in early
cervical cancer detection technology to the women of Kenya," said
Gene Cartwright, CEO and president of Guided Therapeutics.
"President Kenyatta's goal of screening fifty percent of Kenyan
women annually will have a highly positive effect that will result
in a significant reduction in the rate of cervical cancer."

"This proposal is a real opportunity to bring new, impactful
technology that produces an instant result, while avoiding the
logistics issues that plague lab tests, so treatment can occur
immediately, if necessary," said Alphonce Omondi, CEO of Stem
World.  "The President's goal and First Lady's determination to
eradicate cervical cancer is something we are pleased to be a part
of and support."

Cervical cancer is the leading cause of cancer deaths among women
in Kenya, according to the MOH. According to the World Health
Organization, there are 10.32 million women in Kenya at risk of
developing cervical cancer. Every year, approximately 2,454 women
are diagnosed with cervical cancer and 1,676 die; the largest
proportion of deaths is concentrated in Nairobi County. It is
estimated that there are 15 new cases of cervical cancer diagnosed
each week in Nairobi alone.  These statistics mean that an
estimated 12.7 women out of every 100,000 are affected.

                     About Guided Therapeutics

Guided Therapeutics, Inc. (OTC BB and OTC QB: GTHP)
-- http://www.guidedinc.com/-- is developing a rapid and painless
test for the early detection of disease that leads to cervical
cancer.  The technology is designed to provide an objective result
at the point of care, thereby improving the management of cervical
disease.  Unlike Pap and HPV tests, the device does not require a
painful tissue sample and results are known immediately.  GT has
also entered into a partnership with Konica Minolta Opto to
develop a non-invasive test for Barrett's Esophagus using the
LightTouch technology platform.

For the year ended Dec. 31, 2014, the Company reported a net loss
attributable to common stockholders of $10.03 million on $65,000 of
contract and grant revenue compared to a net loss attributable to
common stockholders of $10.39 million on $820,000 of contract and
grant revenue in 2013.

As of June 30, 2015, the Company had $4 million in total assets,
$6.7 million in total liabilities and a stockholders' deficit of
$2.7 million.


GULFMARK OFFSHORE: S&P Cuts Corp. Credit Rating to 'B-'
-------------------------------------------------------
Standard & Poor's Ratings Services lowered its corporate credit
rating on Houston-based GulfMark Offshore Inc. to 'B-' from 'B+'.
The outlook is stable.

At the same time, S&P lowered the issue-level ratings on the
company's unsecured notes to 'B' (one notch above the corporate
credit rating) from 'B+'.  S&P revised the recovery rating on the
company's unsecured notes to '2' from '3', indicating its
expectation of substantial (high end of the 70% to 90% range)
recovery in the event of payment default.

"The downgrade on Gulfmark reflects our expectation that the
company's utilization and dayrates will remain very weak through at
least 2016 due to a global oversupply of offshore support vessels
as well as weaker demand for the vessels due to decreased offshore
drilling given the rapid decline in oil prices," said Standard &
Poor's credit analyst Stephen Scovotti.

As a result, S&P expects the company's credit measures in 2015 and
2016 to materially deteriorate in comparison to 2014.  The revision
of S&P's recovery ratings to '2' from '3' is a result of a
reduction in secured debt in front of unsecured debt in S&P's
default scenario, given the company's recent amendment to its
credit facility.

S&P considers GulfMark's business risk profile to be "fair" and its
financial risk profile to be "highly leveraged."  S&P views
liquidity as "adequate."

The stable outlook reflects S&P's expectation that although
industry conditions will remain weak through at least 2016, S&P
expects the company to maintain what it considers to be "adequate"
liquidity.

S&P could lower the ratings if it viewed liquidity as "less than
adequate" or S&P viewed the company's leverage as unsustainable,
such that S&P expected FFO to debt to remain well below 12% for an
extended period.  This could occur if dayrates and utilization for
the company's OSV's weaken beyond S&P's expectations.

S&P could raise the ratings if the company's leverage improves such
that S&P expects FFO to debt to be about 12%.  This could occur if
industry conditions improve, causing day rates and utilization to
improve.



HILLVIEW, KY: S&P Lowers Rating on GO Debt to 'B-'
--------------------------------------------------
Standard & Poor's Ratings Services said that it lowered its rating
on Hillview, Ky.'s general obligation (GO) debt five notches to
'B-' from 'BB+' and placed the rating on CreditWatch with negative
implications.

"The downgrade and CreditWatch placement follow the city's move to
file for Chapter 9 bankruptcy on Aug. 20, 2015," said Standard &
Poor's credit analyst Scott Nees.

Hillview's Chapter 9 filing stems from mounting costs related to an
adverse egal judgment against the city regarding a land sale to
Truck America Training.  In 2012, a Bullitt County Circuit Court
jury sided with Truck America and assessed damages against the city
of $11.4 million plus interest, a decision affirmed by the Kentucky
Court of Appeals in March 2014.  The city subsequently filed a
motion for discretionary appeal with the state supreme court.  The
court elected not to hear the case in March 2015, leaving the city
with no further legal recourse and precipitating the Chapter 9
filing.  The original $11.4 million settlement had been accruing
interest at a 12% annual rate, and S&P understands that the amount
the city owes has risen to approximately $15 million.  Carrying
charges on Hillview's outstanding GO debt total 6% of the city's
annual budget of approximately $2.6 million.

"The CreditWatch with negative implications reflects our view of
the situation as Hillview waits for the bankruptcy court to either
approve or deny the bankruptcy petition," said Mr. Nees.  If it
approves the petition, S&P will lower the rating as it would likely
increase the probability of default.  If the court does not approve
the petition, S&P will review the city's options for the liability
and take rating action as needed.  Standard & Poor's will continue
to monitor developments and take rating action as needed.

While Hillview's financial and economic position remain largely the
same as in S&P's last review in February 2015, given the changes
that have transpired with the bankruptcy filing, S&P considers the
city's access to the capital markets weaker, bringing its liquidity
score down to weak from adequate.



IMH FINANCIAL: Reports Second Quarter 2015 Results
--------------------------------------------------
IMH Financial Corporation has filed its quarterly report on Form
10-Q for the period ended June 30, 2015, with the Securities and
Exchange Commission on Aug. 13, 2015.  Adjusted EBITDA for the
three months ended June 30, 2015, was $7.5 million or $0.49 per
basic common share and $0.27 per diluted common share, compared to
adjusted EBITDA of $4.4 million or $0.28 per common share for the
same period in 2014.

"The Company had a strong second quarter," said Lawrence Bain, CEO
and Chairman of IMH, "exceeding both budget and prior year results.
While our hotel assets continue to contribute the bulk of our
operating revenues, we expect that the extensive renovation project
at our Sedona properties, which we scheduled to undertake during
the third quarter - typically the slowest season for those hotels
-- will adversely affect our revenues in that quarter. The
Company's second quarter results also reflect our successful
efforts to achieve significant recoveries from various loan
guarantors.  We are very pleased to recognize the fruits of our
enforcement and recovery efforts and are working to maximize the
monetization of these assets.  Finally, we have made substantial
progress in the development of our multifamily project in Minnesota
and are on track to complete construction and begin leasing by the
middle of the third quarter of 2015."

Net income attributable to common shareholders for the three months
ended June 30, 2015, was $3.5 million compared to a net loss
attributable to common shareholders of $1.5 million for the same
period in 2014.

As of June 30, 2015, the Company had $205.91 million in total
assets, $112.83 million in total liabilities, $28.46 million in
redeemable convertible preferred stock, and $64.62 million in total
stockholders' equity.

                        About IMH Financial

Scottsdale, Ariz.-based IMH Financial Corporation was formed from
the conversion of IMH Secured Loan Fund, LLC, or the Fund, a
Delaware limited liability company, on June 18, 2010.  The
conversion was effected following a consent solicitation process
pursuant to which approval was obtained from a majority of the
members of the Fund to effect the Conversion Transactions and
involved (i) the conversion of the Fund from a Delaware limited
liability company into a Delaware corporation named IMH Financial
Corporation, and (ii) the acquisition by the Company of all of the
outstanding shares of the manager of the Fund Investors Mortgage
Holdings Inc., or the Manager, as well as all of the outstanding
membership interests of a related entity, IMH Holdings LLC, or
Holdings on June 18, 2010.

IMH Financial reported a net loss attributable to common
shareholders of $39.5 million in 2014, a net loss attributable to
common shareholders of $26.2 million in 2013 and a net loss
attributable to common shareholders of $32.2 million in 2012.


INSITE VISION: Considers Unsolicited Purchase Proposal Superior
---------------------------------------------------------------
InSite Vision Inc. announced that its Board of Directors determined
that the previously announced unsolicited offer from a
multi-national pharmaceutical company to acquire InSite for $0.25
per share in an all-cash transaction constitutes a "Company
Superior Proposal" as defined in InSite's previously announced
definitive agreement with QLT Inc. dated as of June 8, 2015, as
amended.  Under the terms of the QLT merger agreement, QLT would
acquire InSite in an all-stock transaction in which shareholders of
InSite will receive 0.048 QLT shares for each InSite share they
hold.

At a special meeting on August 20, in good faith and after
consultation with its independent financial and legal advisors, the
InSite Board of Directors determined that the Bidder's unsolicited
offer of $0.25 per share was a Company Superior Proposal as defined
in the QLT merger agreement.  The Bidder supplemented its proposal
with a definitive merger agreement and definitive loan documents
that the Bidder has indicated it is prepared to execute upon
InSite's termination of the QLT merger agreement.  Under the loan
documents, the Bidder would lend InSite sufficient funds for InSite
to pay off its existing loan from QLT and to operate InSite's
business through the end date of the definitive merger agreement.

InSite has notified QLT of the Board of Directors' determination,
and pursuant to the QLT merger agreement, QLT has the option until
5:00 p.m. PDT, on Wednesday, Aug. 26, 2015, to negotiate a possible
amendment of that agreement to match or exceed the Bidder's offer.
InSite is required, and intends to, negotiate in good faith with
QLT during the Negotiation Period.  InSite is not permitted to
enter into the Bidder's merger agreement or to change its
recommendation in favor of the QLT transaction unless, at the end
of the Negotiation Period, the InSite Board of Directors has
determined that the Bidder's offer continues to be a “Company
Superior Proposal."  The Bidder has stated that its offer will
remain outstanding until the expiration of the Negotiation Period
and any additional days thereafter necessary for the Bidder and
InSite to enter into the definitive agreements provided by the
Bidder.

Under the QLT merger agreement, InSite would be required to pay a
$1,170,000 termination fee to QLT if the InSite Board of Directors
terminates the QLT merger agreement in favor of an agreement with
the Bidder.  The Bidder has agreed to pay the termination fee to
QLT on InSite's behalf in that event.  InSite would be required to
repay the Bidder for the QLT termination fee under certain
circumstances in which InSite would be required to pay a
termination fee to the Bidder in connection with a termination of
the Bidder's merger agreement.

At this time, InSite remains subject to the QLT merger agreement
and the InSite Board of Directors has not changed its
recommendation in support of the QLT transaction, the existing QLT
merger agreement, or its recommendation that InSite's stockholders
adopt the QLT merger agreement.  There can be no assurance that a
transaction with the Bidder will result from the Bidder's offer, or
that any other transaction will be consummated.  There can be no
assurance that QLT will seek to negotiate with InSite or will make
a revised offer.

                           InSite Vision

Based in Alameda, California, InSite Vision Incorporated (OTCBB:
INSV) -- http://www.insitevision.com/-- is committed to
advancing new and superior ophthalmologic products for unmet eye
care needs.  The company's product portfolio utilizes InSite
Vision's proven DuraSite(R) bioadhesive polymer core technology, a
platform that extends the duration of drug retention on the
surface of the eye, thereby reducing frequency of treatment and
improving the efficacy of topically delivered drugs.

Burr Pilger Mayer, Inc., in E. Palo Alto, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company's recurring losses from operations, available cash balance
and accumulated deficit raise substantial doubt about its ability
to continue as a going concern.

Insite Vision reported net income of $26.8 million in 2014 compared
to net income of $5.7 million in 2013.

As of June 30, 2015, the Company had $4.6 million in total assets,
$19.2 million in total liabilities and a $14.6 million total
stockholders' deficit.


IRONSTONE GROUP: Incurs $66,000 Net Loss in Second Quarter
----------------------------------------------------------
Ironstone Group, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $66,161 for the three months ended June 30, 2015, compared to a
net loss of $74,451 for the same period in 2014.

For the six months ended June 30, 2015, the Company reported a net
loss of $142,930 compared to a net loss of $133,975 for the same
period during the prior year.

As of June 30, 2015, the Company had $2.98 million in total assets,
$1.86 million in total liabilities and $1.12 million in total
stockholders' equity.

"[T]he Company has net losses and has a negative cash flow from
operations.  If necessary, the Company may seek to sell additional
debt or equity securities, or enter into new credit facilities. The
Company cannot make assurances that it will be able to complete any
financing or liquidity transaction, that such financing or
liquidity transaction will be adequate for the Company’s needs,
or that a financing or liquidity transaction will be completed in a
timely manner.  Furthermore, the Company may seek to sell its
marketable securities to meet its operating needs.  However, the
fair value of these marketable securities fluctuates and may not be
adequate for the Company's needs. Management also believes it will
be able to renew its line of credit with the lender with similar
terms to the recently expired line of credit.  If the line of
credit is not renewed, management may liquidate securities to
satisfy its obligations," according to the filing.

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

                        http://is.gd/DX5r5K

                       About Ironstone Group
  
San Francisco, Calif.-based Ironstone Group, Inc., and
subsidiaries have no operations but are seeking appropriate
business combination opportunities.

Ironstone reported a net loss of $259,000 for the year ended
Dec. 31, 2014, compared to a net loss of $170,000 for the year
ended Dec. 31, 2013.

Burr Pilger Mayer, Inc., in San Francisco, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company has recurring net losses and negative cash flows from
operations.  These factors raise substantial doubt about the
Company's ability to continue as a going concern.


ISTAR FINANCIAL: Changes Name to "iStar Inc."
---------------------------------------------
The company amended its charter on Aug. 17, 2015, to change its
name from iStar Financial Inc. to iStar Inc., according to a
regulatory filing with the Securities and Exchange Commission.

                        About iStar Financial

New York-based iStar Financial Inc. (NYSE: SFI) provides custom-
tailored investment capital to high-end private and corporate
owners of real estate, including senior and mezzanine real estate
debt, senior and mezzanine corporate capital, as well as corporate
net lease financing and equity.  The Company, which is taxed as a
real estate investment trust, provides innovative and value added
financing solutions to its customers.

iStar Financial reported a net loss allocable to common
shareholders of $33.72 million in 2014, a net loss allocable to
common shareholders of $155.76 million in 2013 and a net loss
allocable to common shareholders of $272.99 million in 2012.

As of June 30, 2015, iStar Financial had $5.6 billion in total
assets, $4.4 billion in total liabilities, $12.6 million in
redeemable noncontrolling interests, and $1.1 billion in total
equity.

                            *     *     *

As reported by the TCR on June 26, 2014, Fitch Ratings had
affirmed the Issuer Default Rating (IDR) of iStar Financial
at 'B'.  The 'B' IDR is driven by improvements in the company's
leverage, continued demonstrated access to the capital markets and
new sources of growth capital and material reductions in non-
performing loans (NPLs).

As reported by the TCR on Oct. 5, 2012, Standard & Poor's Ratings
Services affirmed its 'B+' long-term issuer credit rating on iStar
Financial.

In October 2012, Moody's Investors Service upgraded the corporate
family rating to 'B2' from 'B3'.  The current rating reflects the
REIT's success in extending near term debt maturities and
improving fundamentals in commercial real estate.  The ratings on
the October 2012 senior secured credit facility takes into account
the asset coverage, the size and quality of the collateral pool,
and the term of facility.


ITUS CORPORATION: Incurs $1.6 Million Net Loss in June 30 Qtr.
--------------------------------------------------------------
ITUS Corporation filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $1.60
million on $95,000 of total revenue for the three months ended July
31, 2015, compared to net income of $411,001 on $1.18 million of
total revenue for the same period a year ago.

For the nine months ended July 31, 2015, the Company reported a net
loss of $86,630 on $9.25 million of total revenue compared to a net
loss of $6.45 million on $2.29 million of total revenue for the
same period during the prior year.

As of July 31, 2015, the Company had $10.27 million in total
assets, $4.28 million in total liabilities and $5.99 million in
total stockholders' equity.

"Based on currently available information as of August 18, 2015, we
believe that our existing cash, cash equivalents, short-term
investments and expected cash flows from licensing and other
potential sources of cash flows will be sufficient to enable us to
continue our business activities for at least 12 months.  However,
our projections of future cash needs and cash flows may differ from
actual results.  If current cash on hand, cash equivalents, short
term investments and cash that may be generated from our business
operations are insufficient to satisfy our liquidity requirements
or if we elect to purchase assets or a business for cash, we may
seek to sell equity securities or obtain loans from various
financial institutions where possible.  The sale of additional
equity securities or convertible debt could result in dilution to
our stockholders.  

"We can give no assurance that we will generate sufficient cash
flows in the future to satisfy our liquidity requirements or
sustain future operations, or that other sources of funding, such
as sales of equity or debt, would be available, if needed, on
favorable terms or at all.  If we cannot obtain such funding if
needed or if we cannot sufficiently reduce operating expenses, we
would need to curtail or cease some or all of our operations," the
Company stated in the report.

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

                        http://is.gd/QZegBI

                      About ITUS Corporation

ITUS Corp. -- http://www.ITUScorp.com/-- develops and acquires
patented technologies for the purposes of patent monetization and
patent assertion.  The company currently has 10 patent portfolios
in the areas of Key Based Web Conferencing Encryption, Encrypted
Cellular Communications, E-Paper(R) Electrophoretic Display, Nano
Field Emission Display ("nFED"), Micro Electro Mechanical Systems
Display ("MEMS"), Loyalty Conversion Systems, J-Channel Window
Frame Construction, VPN Multicast Communications, Internet
Telephonic Gateway, and Enhanced Auction Technologies.

CopyTele changed its name to "ITUS Corporation" on Sept. 2, 2014,
to reflect the Company's change in its business operations.

ITUS Corporation reported a net loss of $9.60 million on $3.66
million of total revenue for the year ended Oct. 31, 2014, compared
to a net loss of $10.08 million on $389,000 of total revenue for
the year ended Oct. 31, 2013.  The Company also reported a net loss
of $4.25 million for the year ended Oct. 31, 2012, and a net loss
of $7.37 million for the year ended Oct. 31, 2011.


J. CREW: Bank Debt Trades at 18% Off
------------------------------------
Participations in a syndicated loan under which J. Crew is a
borrower traded in the secondary market at 82.19
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents an increase of 0.28 percentage points from
the previous week, The Journal relates.  J. Crew pays 300 basis
points above LIBOR to borrow under the facility.  The bank loan
matures on February 27, 2021. Moody's rates the loan 'B2' and
Standard & Poor's gave a 'B-' rating to the loan.  The loan is one
of the biggest gainers and losers among 259 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, August 7.


KATANGIAN INVESTMENT: Voluntary Chapter 11 Case Summary
-------------------------------------------------------
Debtor: Katangian Investment Properties, LLC
        1141 S. Taylor Avenue
        Montebello, CA 90640

Case No.: 15-23046

Chapter 11 Petition Date: August 19, 2015

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Debtor's Counsel: Eric S Pezold, Esq.
                  SNELL & WILMER L.L.P.
                  600 Anton Blvd Ste 1400
                  Costa Mesa, CA 92626
                  Tel: 714-427-7000
                  Fax: 714-427-7799
                  Email: epezold@swlaw.com

Estimated Assets: $1 million to $10 million

Estimated Debts: $1 million to $10 million

The petition was signed by John Katangian, managing member.

The Debtor did not include a list of its largest unsecured
creditors when it filed the petition.


KB HOME: Fitch Affirms 'B+' IDR & Sr. Unsecured Rating
------------------------------------------------------
Fitch Ratings has affirmed KB Home's (NYSE: KBH) Issuer Default
Rating (IDR) at 'B+' and senior unsecured rating at 'B+/RR4'. The
Rating Outlook is Stable.

KEY RATING DRIVERS

The ratings for KBH are based on the company's geographic
diversity, customer and product focus, conservative building
practices and effective utilization of return on invested capital
criteria as a key element of its operating model. The company did a
good job in reducing its inventory exposure and generating positive
operating cash flow during the severe industry downturn. Since its
peak in the third quarter of 2006 (3Q06), homebuilding debt has
been reduced from $7.89 billion to $2.82 billion.

Early in the recovery KBH was somewhat conservative in committing
to incremental land purchases. It has accelerated its spending more
recently but should not become stressed so long as it maintains its
minimum return parameters for real estate that it purchases. If the
economy and housing were to experience a downturn in 2015 or 2016,
KBH has access to the liquidity to sustain itself, primarily using
its current cash position and revolving credit facility (RCF).

The ratings and Outlook also reflect the following events: The
housing recovery has continued into 2015 and should persist through
the balance of this year and at least 2016; KBH is successfully
mining the trade-up market and more affluent first-time buyers
(note the 6.7% increase in average sales price so far in 2015); the
South Edge legal issues and liabilities have been dealt with;
operating comparisons so far in 2015 are improved (especially
deliveries, ASP and unit dollar backlog); and perhaps most
important the company has been successful in refinancing or paying
off the $1 billion of debt that was scheduled to mature in 2014 and
2015.

Despite the slow start to 2015, financial results should gain
considerable strength in the second half of the fiscal year leading
to improvement in profitability and leverage for the full year.
Nevertheless, the company does continue to lag its peers in certain
operational and financial categories.

The ratings reflect KBH's business model and marketing prowess. The
ratings also take into account its leadership role in constructing
energy-efficient homes, its reemphasis of the value-engineered Open
Series of home designs, its conservative building practices, its
capital structure and the cyclicality of the U.S. housing market.

THE INDUSTRY

Housing metrics increased in 2014 due to more robust economic
growth during the last three quarters of the year (prompted by
improved household net worth, industrial production and consumer
spending), and consequently acceleration in job growth (as
unemployment rates decreased to 6.2% for 2014 from an average of
7.4% in 2013), despite modestly higher interest rates, as well as
more measured home price inflation. A combination of tax increases
and spending cuts in 2013 shaved about 1.5pp off annual economic
growth, according to the Congressional Budget Office. Many
forecasters estimate the fiscal drag in 2014 was only about 0.25%.

Single-family starts in 2014 improved 4.8% to 648,000 as
multifamily volume grew 15.6% to 355,000. Thus, total starts in
2014 were 1.003 million. New home sales were up a modest 1.6% to
436,000, while existing home volume was off 2.9% to 4.940 million
largely due to fewer distressed homes for sale and limited
inventory.

New home price inflation moderated in 2014, at least partially
because of higher interest rates and buyer resistance. Average new
home prices, as measured by the Census Bureau, rose 6.4% in 2014,
while median home prices advanced approximately 5.4%.

Housing activity is likely to ratchet up more sharply in 2015 with
the support of a steadily growing economy throughout the balance of
the year. Considerably lower oil prices should restrain inflation
and leave American consumers with more money to spend. The
unemployment rate should continue to move lower (average 5.3% in
2015). Credit standards should steadily, moderately ease throughout
2015.

Demographics should be more of a positive catalyst. More of those
younger adults who have been living at home should find jobs and
these 25-35-year-olds should provide some incremental elevation to
the rental and starter home markets. Single-family starts are
forecast to rise about 12.5% to 729,000 in 2015 as multifamily
volume expands 7.3% to 381,000. Total starts would be in excess of
1.1 million. New home sales are projected to increase 20% to
523,000. Existing home volume is expected to approximate 5.152
million, up 4.3%.

New home price inflation should further taper off with higher
interest rates and the mix of sales shifting more to first-time
homebuyer product. Average and median home prices should increase
3.0%-3.5%.

Challenges remain, including the potential for higher interest
rates and restrictive credit qualification standards.

SLOW START TO 2015

KBH's total revenues expanded 18.4% to $1.203 billion in 1H15.
Homebuilding revenues increased 18.6% to $1.199 billion as home
deliveries rose 5.8% to 3,380 and the average selling price
increased 6.7% to $334,200. Homebuilding gross profit margins
(excluding land option charges) dropped 312 basis points (bps) to
15.25% during 2015. The sharp year-over-year (YOY) decline in the
housing gross profit margin was primarily due to higher land and
construction costs, increased pricing pressure in certain markets,
start-up field costs associated with new community openings, and an
increase in the amortization of previously capitalized interest.
SG&A expense as a percentage of homebuilding sales declined from
13.14% to 12.48% for the first six months of 2015.

The company reported homebuilding operating income, before real
estate charges, of $33.2 million in 2015, which compares to a
profit of $52.8 million for the first two quarters of 2014.
Corporate pretax income (before charges) was $24.2 million for 1H15
vs. a profit of $38.5 million during the same period in 2014.
Leverage (debt-to-LTM EBITDA) rose to 11.2x at May 31, 2015 from
10x at Nov. 30, 2014. Interest coverage at the end of 2Q15 was
1.4x, down from 1.5x at year-end 2014.

LIQUIDITY AND CAPITAL ISSUES

The company ended 2Q15 with $439.92 million in unrestricted cash
and equivalents and $27.21 million in restricted cash.

As of May 31, 2015, the company had a $200 million senior unsecured
RCF that was to mature on Mach 12, 2016. The credit facility
contained an uncommitted accordion feature under which its
aggregate principal amount could be increased up to $300 million
under certain conditions and the availability of additional bank
commitments, as well as a sublimit of $100 million for the issuance
of letters of credit (LOC), which may be used in combination with
or to replace KBH's LOC facilities. As of May 31, 2015, there were
no cash borrowings. LOCs outstanding under the credit facility was
$0.2 million. KBH had $199.8 million available for cash borrowings,
and up to $100 million of that amount available for the issuance of
LOCs.

On Aug. 7, 2015, KBH entered into an amended and restated revolving
loan agreement that increased the commitment under the unsecured
RCF from $200 million to $275 million and extended its maturity
from March 2016 to August 7, 2019. The amended facility contains an
accordion feature under which the aggregate principal amount of
available loans may be increased to up to $450 million under
certain circumstances, so long as additional lender commitments are
obtained. The amended credit facility includes a $137.5 million
sublimit for LOCs. At the closing, KBH had approximately $2.6
million in LOCs and no loans outstanding under the existing credit
facility.

KBH maintains LOC facilities with various financial institutions to
obtain LOCs in the ordinary course of operating KBH's business. As
of May 31, 2015, the company had $26.8 million outstanding under
the LOC facilities.

KBH had $2.82 billion of debt outstanding as of May 31, 2015. The
company's debt maturities are well-laddered, with about 20% of its
senior notes (as of May 31, 2015) maturing through 2018.
Shareholders' equity totaled $1.62 billion at the end of 2Q15.

The company regularly accesses the capital markets and on Feb. 17,
2015 KBH completed a public issuance of $250 million in aggregate
principal amount of 7.625% senior notes due 2023. The company used
a portion of the net proceeds of approximately $247 million from
this issuance to retire the remaining $199.9 million in aggregate
principal amount of its 6.25% senior notes due 2015 at their
maturity on June 15, 2015. KBH also did a public issuance of
7,986,111 shares of common stock for net cash proceeds of $137
million during the May 2014 quarter. Proceeds from these offerings
were used for general corporate purposes, including land
acquisition and land development.

HOMEBUILDING

KBH is primarily a single-family homebuilder, and ranked as the
fifth largest homebuilder in the U.S. in 2008 through 2013, based
on home closings. It ranked sixth in 2014. KBH operates in four
regions comprising 10 states serving 40 major markets. The company
delivered its first homes in California in 1963, Nevada in 1993,
Colorado in 1994, Texas in 1996, Arizona in 1998, Florida in 2001,
North Carolina in 2003, and greater Washington D.C.
(Maryland/Virginia) in 2005. At present, the company is most
heavily weighted to the California and Texas markets.

KBH has typically focused on entry-level homebuyers and, to a
lesser extent, on first-step move-up buyers in the U.S. In 2014 and
so far in 2015, trade-up buyers and more affluent first-time buyers
dominated the sales mix; 56% of buyers were first time in 2Q15. The
1H15 average price was $334,200 for 3,380 homes delivered. The
average price varies considerably by market, ranging from $237,900
in the Central region to $565,500 on the West Coast (California)
during 1H15.

KBH employs what it calls its KBnxt operational business model.
This strategy includes regular detailed product preference surveys,
primarily acquiring partially or fully developed and entitled land
in markets with high growth potential. Construction is generally
begun only after a purchase contract has been signed, establishing
an even flow of production, pricing homes to compete with existing
homes and using design centers to customize homes to the
preferences of homebuyers. KBH strives to be among the top five
builders or, in very large markets, top 10 homebuilders, in order
to have access to the best land and subcontractors.

REAL ESTATE

At the end of 2Q15, KBH controlled 49,905 lots, down 13% from the
end of 2Q14 and a 74.7% drop from a peak of 197,000 lots at the end
of 1Q06 (February 2006). Based on latest 12 month (LTM) closings,
the company controlled 6.7 years of land (up from 5.1 years at the
end of 2005); KBH has 5.6 years of owned land. The current options
share of total lots controlled (17.5%) is down sharply from the
peak of 53.7% (4Q05).

The company is expected to maintain substantial land spending this
year. KBH spent $454.7 million on land and development for the
first six months of the year, down from $859.6 million spent the
year earlier. For the full year Fitch estimates that the company
will expend approximately $1.1 billion - $1.2 billion on real
estate and development activities. KBH invested $1.46 billion in
land and development activities in 2014, $1.14 billion in 2013, and
$564.9 million in 2012.

Unlike most other builders within its coverage, Fitch expects KBH
could be cash flow positive in 2015. The company was negative CFFO
by $48.9 million in the May 2015 quarter and on an LTM basis was
CFFO negative by $212.1 million. In 2014, 2013, 2011 and 2010, the
company was negative CFFO by $630.6 million, $443.4 million, $347.5
million and $134 million, respectively. KBH reported positive CFFO
of $34.6 million in 2012. Fitch currently expects the company will
be CFFO neutral to positive $50 million in 2015.

Although KBH will again spend heavily on land and development
activities this year, expenditures could decline about $300 million
vs. 2014 levels. In the years ahead, KBH may again step-up its
spending as the up-cycle in housing persists.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for the issuer
include:

-- Industry single-family housing starts improve 12.5%, while new

    and existing home sales grow 20% and 4.3%, respectively, in
    2015;

-- KB Home's homebuilding revenues increase in excess of 25%.
    Although homebuilding EBITDA margins erode 125 bps - 150 bps
    this year due to higher expenses (especially land costs) and
    lesser home price inflation, nevertheless EBITDA increases
    10.5% - 12.0%;

-- The company's debt/EBITDA approximates 9.2x and interest
    coverage reaches about 1.6x by year-end 2015;

-- KBH spends approximately $1.1 billion-$1.2 billion on land
    acquisitions and development activities this year;

-- The company maintains an adequate liquidity position (above
    $500 million) with a combination of unrestricted cash and
    revolver availability.

RATING SENSITIVITIES

Future ratings and Outlooks will be influenced by broad housing
market trends as well as company-specific activity, such as trends
in land and development spending, general inventory levels,
speculative inventory activity (including the impact of high
cancellation rates on such activity), gross and net new order
activity, debt levels, free cash flow trends and uses, and the
company's cash position.

KBH's ratings are constrained in the intermediate term because of
relatively high leverage metrics. However, a positive rating action
may be considered if the recovery in housing is meaningfully better
than Fitch's current outlook, KBH shows continuous improvement in
credit metrics, and maintains a healthy liquidity position
(combination of cash and equivalents and availability on the credit
facility). In particular, debt-to-EBITDA would need to approach 4x,
debt-to-capitalization should approximate 55%, and interest
coverage would need to exceed 4x in order to take a positive rating
action.

Negative rating actions could be triggered if the industry recovery
dissipates or if there is a meaningful shortfall in KBH's
financials (revenues, profitability) and the company maintains an
overly aggressive land and development spending program that
meaningfully diminishes its liquidity position (i.e. to below $300
million).

FULL LIST OF RATINGS ACTIONS

Fitch has affirmed the following ratings for KB Home (NYSE: KBH):

-- Long-term IDR at 'B+';

-- Senior unsecured debt 'B+/RR4'.

The Rating Outlook is Stable.

RECOVERY RATING

The Recovery Rating (RR) of 'RR4' on KBH's senior unsecured notes
indicates average recovery prospects for holders of these debt
issues. KBH's exposure to claims made pursuant to performance bonds
and joint venture debt and the possibility that part of these
contingent liabilities would have a claim against the company's
assets were considered in determining the recovery for the
unsecured debtholders. Fitch applied a going concern valuation
analysis for this RR.



KU6 MEDIA: Fails to Comply with Nasdaq's Minimum Bid Price Rule
---------------------------------------------------------------
Ku6 Media Co., Ltd., disclosed that on Aug. 18, 2015, the Company
received a letter from The NASDAQ Stock Market LLC notifying it
that for the prior 30 consecutive business days, the Company's
listed securities failed to maintain a minimum bid price of US$1
per share.  Consequently, the Company failed to comply with the
requirement for continued listing pursuant to NASDAQ Listing Rule
5450(a)(1).

NASDAQ further stated that in accordance with NASDAQ Listing Rule
5810(c)(3)(A), the Company will be provided 180 calendar days, or
until Feb. 16, 2016, to regain compliance with the MBP Rule. NASDAQ
will deem the Company to have regained compliance under the MBP
Rule if at any time before Feb. 16, 2016, the closing bid price for
the Company's securities is at least US$1 for a minimum of ten
consecutive business days.

As previously disclosed by the Company, on Aug. 13, 2015, the
Company received a letter from NASDAQ notifying it that for the
prior 30 consecutive business days, the Company's listed securities
failed to maintain a minimum market value of US$50,000,000, and the
Company's publicly held securities failed to maintain a minimum
market value of US$15,000,000, respectively. Consequently,
deficiencies exist with regard to the requirements for continued
listing pursuant to NASDAQ Listing Rule 5450(b)(2)(A) and NASDAQ
Listing Rule 5450(b)(2)(C).

NASDAQ further stated that in accordance with NASDAQ Listing Rules
5810(c)(3)(C) and 5810(c)(3)(D), the Company will be provided 180
calendar days, or until Feb. 9, 2016, to regain compliance with the
MVLS Rule and the MVPHS Rule.  NASDAQ will deem the Company to have
regained compliance under the MVLS Rule if at any time before Feb.
9, 2016, the market value of the Company's listed securities closes
at US$50,000,000 or more for a minimum of ten consecutive business
days.  NASDAQ will deem the Company to have regained compliance
under the MVPHS Rule if at any time before Feb. 9, 2016, the market
value of the Company's publicly held securities closes at
US$15,000,000 or more for a minimum of ten consecutive business
days.

These notifications do not impact the listing and trading of the
Company's securities at this time.  However, the NASDAQ letters
also state that, if the Company does not regain compliance with the
MBP Rule by Feb. 16, 2016, or the MVLS Rule or the MVPHS Rule by
Feb. 9, 2016, the Company will receive written notification from
NASDAQ that the Company's securities are subject to delisting.  The
Company is reviewing its options for regaining compliance with the
MBP Rule, the MVLS Rule and MVPHS Rule.  There can be no assurance
that the Company will be able to regain compliance with the MBP
Rule, the MVLS Rule, MVPHS Rule or any other Nasdaq continued
listing requirements in a timely fashion.

                      About Ku6 Media Co., Ltd.

Ku6 Media Co., Ltd. -- http://ir.ku6.com/-- is an Internet video
company in China focused on User-Generated Content.  Through its
premier online brand and online video Web site,
http://www.ku6.com/,Ku6 Media provides online video uploading and
sharing service, video reports, information and entertainment in
China.Through its premier online brand and online video website,
www.ku6.com, Ku6 Media provides online video uploading and sharing
service, video reports, information and entertainment in China.

Ku6 Media reported a net loss of $10.7 million in 2014 following a
net loss of $34.4 million in 2013.

As of March 31, 2015, the Company had US$8.6 million in total
assets, US$13.5 million in total liabilities and a US$4.9 million
total shareholders' deficit.

PricewaterhouseCoopers Zhong Tian LLP, in Shanghai, the People's
Republic of China, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2014,
citing that the Company's recurring losses, negative working
capital, net cash outflows, and uncertainties associated with
significant changes made, or planned to be made, in respect of the
Company's business model, raise substantial doubt about the
Company's ability to continue as a going concern.


LIME ENERGY: May Issue 178,575 Common Shares Under Incentive Plan
-----------------------------------------------------------------
Lime Energy Co. filed a Form S-8 registration statement with the
Securities and Exchange Commission for the purpose of registering
an additional 178,575 shares of common stock, $0.0001 par value, of
the Company that may be offered pursuant to the Company's 2008
Long-Term Incentive Plan.  The proposed maximum aggregate offering
price is $617,869.  A copy of the prospectus is available at:

                       http://is.gd/85NmLO

                        About Lime Energy

Headquartered in Huntersville, North Carolina, Lime Energy Co. --
http://www.lime-energy.com/-- is engaged in planning and
delivering clean energy solutions that assist its clients in their
energy efficiency and renewable energy goals.  The Company's
solutions include energy efficient lighting upgrades, energy
efficient mechanical and electrical retrofit and upgrade services,
water conservation, building weatherization, on-site generation
and renewable energy project development and implementation.  The
Company provides energy solutions across a range of facilities,
from high-rise office buildings, distribution facilities,
manufacturing plants, retail sites, multi-tenant residential
buildings, mixed use complexes, hospitals, colleges and
universities, government sites to small, single tenant facilities.

Lime Energy reported a net loss available to common stockholders of
$5.6 million in 2014, a net loss available to common stockholders
of $18.5 million in 2013 and a net loss of $31.8 million in 2012.

As of March 31, 2015, the Company had $53.81 million in total
assets, $38.04 million in total liabilities, $9.38 million in
contingently redeemable series C preferred stock, and $6.38 million
in total stockholders' equity.


LUCA INTERNATIONAL: Gets Approval to Hire CRO, Financial Adviser
----------------------------------------------------------------
Luca Intemational Group, LLC, received court approval to hire a
chief restructuring officer and financial adviser.

The order, issued by U.S. Bankruptcy Judge David Jones of the U.S.
Bankruptcy Court for the Southern District of Texas, authorized
Luca Intemational to hire Loretta Cross of Stout Sirius Ross in
connection with the Chapter 11 cases of the company and its
affiliated debtors.

As CRO and financial adviser, Ms. Cross is tasked to:

   (1) Act as the companies' sole manager;

   (2) Be the sole signatory on the companies' debtor-in-
       possession payroll account and operating accounts;

   (3) Take control of all passwords for any electronic banking of

       the companies;

   (4) Exercise sole authority to manage the business affairs of
       the companies to the exclusion of any control being
       exercised by the sole member, manager, and president
       Bingqing Yang, including, without limitation:

       * To make all decisions regarding the hiring and firing of
         personnel;

       * To make all decisions regarding the expenses incurred by
         the companies and the terms of disbursements made by the
         companies for same;

       * To issue joint interest billings to working interest
         owners and to collect same;

       * To authorize the repairs and maintenance of estate
         assets;

       * To issue Authorization for Expenditures for the purpose
         of conducting workovers or drilling new wells.

   (5) Consult all secured creditors, unsecured creditors,
       parties-in-interest, the U.S. trustee, the Securities
       Exchange Commission, any committee of creditors appointed
       by the court;

   (6) Present to the U.S. trustee all information required for
       the initial conference;

   (7) Assist bankruptcy counsel in preparing and filing
       schedules, statements of financial affairs and monthly
       operating reports;

   (8) Investigate and pursue all available chapter 5 causes of
       action and non-chapter 5 causes of action against        
       creditors, whether they be insiders or non-insiders,
       members and other potential defendants;

   (9) Cause the companies to pay all quarterly fees of the U.S.
       trustee; and

  (10) Assist bankruptcy counsel in preparing and filing the
       companies' plan and disclosure statement.

Luca Intemational will pay the CRO $495 per hour for her services.
Ms. Cross will be assisted by SRR personnel John Baumgartner and
Andrew Masotta.

Mr. Baumgartner will receive $395 per hour for his services while
the other personnel will receive $225 per hour, according to court
filings.

                     About Luca International

Luca International Group LLC and Luca Operation, LLC, and their
affiliates are engaged in the exploration and production of natural
gas, petroleum and related hydrocarbons.  The primary assets are
located in Iberville and Ascension Parishes in Louisiana.  These
assets include 3 operating oil and gas wells -- Belle Grove 1,
Dugas & Leblanc 1 and Jumonville 2.  In addition, the assets
include a water disposal well, Acosta 1, and a shut-in-oil and gas
well, Jumonville 1.  The Luca entities also own oil and gas leases
in Texas and working interests in various locations.  The Luca
entities are owned by Bingqing Yang.

Luca International Group and 11 related entities sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 15-34221) in Houston,
Texas, on Aug. 6, 2015.  The cases are assigned to Judge David R
Jones.

The Debtors tapped Hoover Slovacek, LLP, and BMC Group, Inc.

Luca International estimated $50 million to $100 million in assets
and debt.

The petitions were signed by Loretta R. Cross, the CRO.


M. JULIA HOOK: 10th Circ. Affirms Dismissal of Tax Suit
-------------------------------------------------------
The United States Court of Appeals for the Tenth Circuit, in an
order and judgment dated August 19, 2015, affirmed a district
court's dismissal of an action M. Julia Hook and her husband, David
L. Smith, brought to challenge their federal income tax
liabilities.  The case is M. JULIA HOOK, Plaintiff-Appellant, and
DAVID L. SMITH, Plaintiff, v. UNITED STATES OF AMERICA,
Defendant-Appellee, NO. 15-1022 (10th Circ.).  A full-text copy of
the Decision is available at http://is.gd/zrDukbfrom Leagle.com.


MCCLATCHY CO: Announces Stock Repurchase Program
------------------------------------------------
The McClatchy Company's board of directors approved a share
repurchase program that authorizes the Company to purchase up to
$15 million of the Company's Class A common stock through Dec. 31,
2016.  This authorization replaces a limited repurchase program of
$7 million, which was announced on April 24, 2015, and covered the
same time period.  The stock purchases may be made from time to
time in the open market or in privately negotiated transactions, in
compliance with applicable state and federal securities laws. The
timing and amounts of any purchases will be based on market
conditions and other factors including price, regulatory
requirements and capital availability.  The program does not
require the purchase of any minimum number of shares and may be
suspended, modified or discontinued at any time without prior
notice.

Pat Talamantes, McClatchy's president and chief executive officer,
said, "As we have reviewed our strategies for investing in digital
ventures, our stock price presents us with an attractive
opportunity to invest in our growth markets and digital operations
through a stock buyback program.  At McClatchy we have strategies
to move our company forward in this ever-changing media environment
and have faith in our future as a leading local digital media
company in 28 strong markets across the nation.  We are excited
about our ability to purchase McClatchy shares at attractive prices
and return value to existing shareholders."

The Company also announced that on Aug. 17, 2015, it received a
notice from the New York Stock Exchange that the Company's common
stock is not in compliance with the NYSE's continued listing
standard which requires that the average closing price of a listed
company's common stock remain above $1.00 per share, calculated
over a period of consecutive 30 trading-days.  The NYSE
notification does not affect the Company's business operations or
its Securities and Exchange Commission reporting requirements and
does not conflict with or cause an event of default under any of
the Company's material debt agreements.

Under the NYSE standards, the Company can regain compliance if,
during the six-month period following receipt of the NYSE notice,
on the last trading-day of any calendar month, the Company's common
stock has a closing price per share and a 30 trading-day average
closing share price of at least $1.00.  Further, if the Company
determines that it will take a curative action that requires
shareholder approval, the six-month period described above will
extend to shortly after such annual meeting.

The Company intends to cure the price deficiency and return to
compliance with the NYSE continued listing requirement within the
applicable cure period.  As required by the NYSE, the Company will
notify the NYSE of its intent to cure.  During this period, the
Company's common stock will continue to be traded on the NYSE,
subject to compliance with other continued NYSE listing
requirements.

                     About The McClatchy Company

Sacramento, Cal.-based The McClatchy Company (NYSE: MNI)
-- http://www.mcclatchy.com/-- is a media company that provides
both print and digital news and advertising services.  Its
operations include 30 daily newspapers, community newspapers,
websites, mobile news and advertising, niche publications, direct
marketing and direct mail services.  Its owned newspapers include,
among others, the (Fort Worth) Star-Telegram, The Sacramento Bee,
The Kansas City Star, the Miami Herald, The Charlotte Observer,
and The (Raleigh) News & Observer.  The Company holds interest in
digital assets which include CareerBuilder, LLC, Classified
Ventures, LLC, HomeFinder, LLC, and Wanderful Media.

McClatchy Co reported net income of $374 million on $1.14 billion
of net revenues for the year ended Dec. 28, 2014, compared with net
income of $18.8 million on $1.21 billion of net revenues for the
year ended Dec. 29, 2013.

As of June 28, 2015, the Company had $1.9 billion in total assets,
$1.7 billion in total liabilities and $201.9 million in
stockholders' equity.

                           *     *     *

McClatchy carries a 'Caa1' corporate family rating from Moody's
Investors Service.  In May 2011, Moody's changed the rating
outlook from stable to positive following the company's
announcement that it closed on the sale of land in Miami for
$236 million.  The outlook change reflects Moody's expectation
that McClatchy will utilize the net proceeds to reduce debt,
including its underfunded pension position, which will reduce
leverage by approximately half a turn and lower required
contributions to the pension plan over the next few years.

As reported by the TCR on April 2, 2014, Standard & Poor's Ratings
Services affirmed all ratings on U.S. newspaper company The
McClatchy Co., including the 'B-' corporate credit rating, and
revised the rating outlook to stable from positive.  The outlook
revision to stable reflects S&P's expectation that the
timeframe for a potential upgrade lies beyond the next 12 months,
and could also depend on the company realizing value from its
digital minority interests.


MEDICURE INC: Elliott International Reports 10.4% Equity Stake
--------------------------------------------------------------
Elliott International, L.P. and Elliott International Capital
Advisors Inc. disclosed in a Schedule 13G filed with the Securities
and Exchange Commission on Aug. 19, 2015, that they beneficially
owned 1,492,669 common shares of Medicure, Inc., which represents
10.4 percent based upon 14,355,025 shares of Common Stock
outstanding as of June 30, 2015.  A copy of the regulatory filing
is available at http://is.gd/X9AsOJ

                         About Medicure Inc.

Medicure -- http://www.medicure.com/-- is a specialty
pharmaceutical company focused on the development and
commercialization of therapeutics for the U.S. hospital market.
The primary focus of the Company and its subsidiaries is the
marketing and distribution of AGGRASTAT (tirofiban HCl) for non-ST
elevation acute coronary syndrome in the United States, where it is
sold through the Company's U.S. subsidiary, Medicure Pharma, Inc.

Ernst & Young LLP expressed substantial doubt about the Company's
ability to continue as a going concern, citing that the Company has
experienced losses and has accumulated a deficit of C$127 million
since incorporation and has a working capital deficiency of
C$503,000 as at Dec. 31, 2014.

The Company reported net income of C$1.2 million on C$5.26 million
in revenue for the year ended Dec. 31, 2014.  As of June 30, 2015,
the Company had C$12 million in total assets, C$10.2 million in
total liabilities and C$1.7 million in total equity.


MIDSTATES PETROLEUM: Fails to Comply with NYSE Listing Standard
---------------------------------------------------------------
Midstates Petroleum Company, Inc., received notice from the New
York Stock Exchange on Aug. 13, 2015, that the Company's market
capitalization and last reported stockholders equity had fallen
below the NYSE's continued listing standards.  The NYSE requires
that a listed company's total market capitalization not be less
than $50 million for a period of over 30 consecutive trading days
and that its last reported stockholder equity not be less than $50
million.

In accordance with NYSE procedures, the Company has 45 days from
its receipt of the notice to submit a business plan to the NYSE
demonstrating how it intends to regain compliance with the NYSE's
continued listing standards within 18 months.  The Company intends
to develop and submit a business plan to bring it into compliance
with the listing standards within the required timeframe.  The
Listings and Compliance Committee of the NYSE will then review the
business plan for final disposition.

In the event the Committee accepts the plan, the Company will be
subject to quarterly monitoring for compliance with the business
plan and the Company's compliance with other NYSE continued listing
requirements.  In the event the Committee does not accept the
business plan, the Company will be subject to delisting procedures
and suspension by the NYSE.

The NYSE notification does not affect the Company's business
operations or its SEC reporting requirements and does not conflict
with or cause an event of default under any of the Company's
material debt or other agreements.

                 About Midstates Petroleum Company

Midstates Petroleum Company, Inc. --
http://www.midstatespetroleum.com/-- is an independent exploration
and production company focused on the application of modern
drilling and completion techniques in oil and liquids-rich basins
in the onshore U.S. Midstates' drilling and completion efforts are
currently focused in the Mississippian Lime oil play in Oklahoma
and Anadarko Basin in Texas and Oklahoma.  The Company's operations
also include the upper Gulf Coast tertiary trend in central
Louisiana.

Midstates reported net income of $117 million on $794 million of
total revenues for the year ended Dec. 31, 2014, compared to a net
loss of $344 million on $470 million of total revenues for the year
ended Dec. 31, 2013.

As of Dec. 31, 2014, the Company had $2.47 billion in total assets,
$2 billion in total liabilities and $466 million in total
stockholders' equity.

The Company's independent auditor, Deloittee & Touche LLP, in
Houston, Texas, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2014,
citing that Midstates' projected debt covenant violation and
resulting lack of liquidity raise substantial doubt about its
ability to continue as a going concern.

                             *    *    *

Midstates Petroleum carries a 'B' corporate credit rating from
Standard & Poor's Ratings Services.

As reported by the TCR on April 8, 2013, Moody's Investors Service
affirmed Midstates Petroleum's 'B3' Corporate Family Rating.


N&H INVESTMENTS: 2 Suits on Hold Pending Dismissal Bid Ruling
-------------------------------------------------------------
Judge William J. Lafferty III of the United States Bankruptcy Court
for the Norther District of California, Oakland Division,
recommended that the District Court delay any hearings on or
determinations of the motions to withdraw reference currently
before it with respect to two adversary proceedings pending the
bankruptcy judge's decision on the motion to dismiss N&H
Investments LLC's Chapter 11 case.

The first adversary proceeding is Hung Nguyen, N&H Investments,
LLC, Plaintiffs, v. John Richard Till, et al., Defendants, ADV.
PRO. NO. 15-05050 (Bank. N.D. Calif.).  A full-text copy of Judge
Lafferty's Decision with respect to this adversary proceeding is
available at http://is.gd/KIWuE4from Leagle.com.

The second adversary proceeding is Mimi Nguyen, et al., Plaintiffs,
v. Hung Nguyen, et al., Defendants, ADV. PRO. NO. 15-05058 (Bankr.
N.D. Calif.).  A full-text copy of Judge Lafferty's Decision with
respect to this adversary proceeding is available at
http://is.gd/RKaITefrom Leagle.com.

The bankruptcy case is In re N&H Investments LLC, Chapter 11,
Debtor, NO. 15-51552 (Bankr. N.D. Calif.).


NET TALK.COM: Amends Second Quarterly Form 10-Q
-----------------------------------------------
Net Talk.Com, Inc., has amended its quarterly report on Form 10-Q
for the period ended June 30, 2015, which was originally filed with
the Securities and Exchange Commission on Aug. 19, 2015, to:

   (i) amend the statements of cash flows in the financial
       statements;

  (ii) amend note 13 to the financial statements;

(iii) update the status of the MagicJack Vocaltec Ltd. litigation
       in the legal proceedings section and note 14 to the
       financial statements; and

  (iv) amend the XBRL exhibits.

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

                        http://is.gd/CGOwI1

                        About Net Talk.com

Based in Miami, Fla., Net Talk.com, Inc., is a telephone company,
that provides, sells and supplies commercial and residential
telecommunication services, including services utilizing voice
over internet protocol technology, session initiation protocol
technology, wireless fidelity technology, wireless maximum
technology, marine satellite services technology and other similar
type technologies.

Net Talk.Com reported a net loss of $2.84 million on $5.06 million
of net revenues for the year ended Dec. 31, 2014, compared to a net
loss of $4.78 million on $6.02 million of net revenues for the year
ended Dec. 31, 2013.

As of March 31, 2015, the Company had $4.13 million in total
assets, $13.6 million in total liabilities and a $9.51 million
total stockholders' deficit.

Zachary Salum Auditors P.A., in South Miami, Florida, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company has incurred significant recurring losses from operations,
its total liabilities exceeds its total assets, and is dependent on
outside sources of funding for continuation of its operations.
These factors raise substantial doubt about the Company's ability
to continue as a going concern.


NET TALK.COM: Incurs $1 Million Net Loss in Second Quarter
----------------------------------------------------------
Net Talk.com, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.02 million on $1.09 million of net revenues for the three
months ended June 30, 2015, compared to a net loss of $379,960 on
$1.27 million of net revenues for the same period during the prior

year.

For the six months ended June 30, 2015, the Company reported a net
loss of $1.57 million on $2.26 million of net revenues compared to
a net loss of $991,011 on $2.45 million of net revenues for the
same period in 2014.

As of June 30, 2015, the Company had $3.7 million in total assets,
$13.9 million in total liabilities and stockholders' deficit of
$10.2 million.

"We have never sustained profits and our losses could continue.
Without sufficient additional capital to repay our indebtedness as
it matures, we may be required to significantly scale back our
operations, significantly reduce our headcount, seek protection
under the provisions of the U.S. Bankruptcy Code, and or
discontinue many of our activities which could negatively affect
our business and prospects.  Our current efforts to raise capital
may not be successful on terms satisfactory to the Company, or at
all," the Company said in the report.

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

                       http://is.gd/pyIVZS

                        About Net Talk.com

Based in Miami, Fla., Net Talk.com, Inc., is a telephone company,
that provides, sells and supplies commercial and residential
telecommunication services, including services utilizing voice
over internet protocol technology, session initiation protocol
technology, wireless fidelity technology, wireless maximum
technology, marine satellite services technology and other similar
type technologies.

Net Talk.Com reported a net loss of $2.84 million on $5.06 million
of net revenues for the year ended Dec. 31, 2014, compared to a net
loss of $4.78 million on $6.02 million of net revenues for the year
ended Dec. 31, 2013.

Zachary Salum Auditors P.A., in South Miami, Florida, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company has incurred significant recurring losses from operations,
its total liabilities exceeds its total assets, and is dependent on
outside sources of funding for continuation of its operations.
These factors raise substantial doubt about the Company's ability
to continue as a going concern.


NIRVANA INC: Harris Beach Files Rule 2019 Statement
---------------------------------------------------
Harris Beach PLLC disclosed in a court filing that it represents
Comsource Inc. and Excellus Health Plan Inc. in the Chapter 11
cases of Nirvana Inc. and its affiliated debtors.

Comsource is a secured creditor of Nirvana while Excellus is a
possible creditor of the company or one of its affiliated debtors,
according to the New York-based law firm.

Harris Beach further disclosed that it does not represent any
indenture trustee or committee in Nirvana's bankruptcy case.

The firm made the disclosure pursuant to Rule 2019 of the Federal
Rules of Bankruptcy Procedure.

Harris Beach can be reached at:

   Lee E. Woodard, Esq.
   Wendy A. Kinsella, Esq.
   Harris Beach PLLC
   333 W. Washington St., Ste. 200
   Syracuse, NY 13202
   Telephone: (315) 423-7100
   Facsimile: (315) 422-9331
   Email: lwoodard@harrisbeach.com
          wkinsella@harrisbeach.com
          bkemail@harrisbeach.com

                         About Nirvana Inc.

Nirvana Inc. is a manufacturer and bottler of spring water that is
captured from four natural springs on 1,600 acres of property
located in the foothills of the Adirondack Mountains at Forestport,
New York. Nirvana says its water is exceptionally pure and flows
naturally to the surface at a temperature of 42 degrees Fahrenheit.


Nirvana is a closely-held New York corporation with a principal
office located at One Nirvana Plaza, Forestport, New York. Nirvana
was formed on June 2, 1995 by Mozafar Rafizadeh and his brother,
Mansur Rafizadeh.  

Nirvana, Inc., and three affiliates -- Nirvana Transport, Inc.,
Nirvana Warehousing, Inc. and Millers Wood Development Corp. --
sought Chapter 11 bankruptcy protection (Bankr. N.D.N.Y. Lead Case
No. 15-60823) in Utica, New York, on June 3, 2015. The cases are
assigned to Judge Diane Davis.  

The Debtor disclosed $12,498,533 in assets and $35,518,829 in
liabilities as of the Chapter 11 filing.

According to the docket, the Debtors' Chapter 11 plan and
disclosure statement are due Oct. 1, 2015. The deadline for filing
claims by governmental units is Nov. 30, 2015.  

The Debtors tapped Bond, Schoeneck & King, PLLC, as general
counsel, and Teitelbaum & Baskin, LLC, as special counsel.


OPTIM ENERGY: Proposes Sept. 9 Disclosure Statement Hearing
-----------------------------------------------------------
Optim Energy, LLC, et al., asked the U.S. Bankruptcy Court for the
District of Delaware to convene a hearing on Sept. 9, 2015, at
10:30 a.m. (ET), to consider approval of the disclosure statement
explaining the First Amended Chapter 11 Joint Plan of Liquidation
for Optim Energy, LLC and Optim Energy Twin Oaks, LP, OEM 1, LLC,
Optim Energy Marketing, LLC, Optim Energy Generation, LLC, and
Optim Energy Twin Oaks GP, LLC.

The Debtors also propose the following plan confirmation schedule:

   Disclosure Statement
   Objection Deadline                       September 2, 2015

   Reply in Support of
   Disclosure Statement                     September 4, 2015

   Disclosure Statement Hearing             September 9, 2015

   Voting Record Date                       September 9, 2015

   Plan Supplement Filing Deadline          September 30, 2015

   Voting Deadline                          October 7, 2015

   Plan Objection Deadline                  October 7, 2015

   Deadline to File Confirmation Brief      October 9, 2015

   Deadline to File Voting Report           October 9, 2015

   Confirmation Hearing                     October 14, 2015

The Plan incorporates a plan support agreement entered into among
the Debtors, Cascade Investment, L.L.C. and ECJV Holdings, LLC,
Black Walnut Mining, LLC, Lonestar Generation LLC, Major Oak Power,
LLC, The Blackstone Group L.P., and Walnut Creek Mining Company.
The PSA, among other things, contemplates giving Blackstone (i) a
Cash payment of $3,121,899 in full satisfaction of the WC 503(b)(9)
Claim; and (ii) an Allowed General Unsecured Claim in the amount of
$3,932,376 for which it will receive a total Cash payment of
$1,478,101 in full satisfaction of the Blackstone General Unsecured
Claims.

Under the PSA, Blackstone's $190 million WC Rejection Damages Claim
will receive no recovery, and will be discharged under the terms of
the Plan.  Blackstone's Appeals will be held in abeyance pending
confirmation and consummation of the Third Amended Plan and the new
Plan contemplated by the PSA.  Once the Plan is effective, the
Appeals will be dismissed with prejudice.

A full-text copy of the First Amended Disclosure Statement dated
Aug. 21, 2015, is available at http://is.gd/LQn9Xi

                       About Optim Energy

Optim Energy, LLC, and its affiliates are power plant owners
principally engaged in the production of energy in Texas's
deregulated energy market.  Optim owns and operates three power
plants in eastern Texas: the Twin Oaks plant in Robertson County,
Texas, the Altura Cogen plant in Harris County, Texas and the
Cedar Bayou plant in Chambers County, Texas.  The Altura and Cedar
Bayou plants are fueled by natural gas, and the third is
coal-fired.

Optim Energy and its affiliates sought Chapter 11 protection from
creditors (Bankr. D. Del. Lead Case No. 14-10262) on Feb. 12,
2014.

The Debtors have tapped Bracewell & Giuliani LLP and Morris,
Nichols, Arsht & Tunnell LLP as attorneys; Protiviti Inc. as
restructuring advisors; and Prime Clerk LLC as claims agent.

The Debtors' attorneys can be reahed at:

         MORRIS, NICHOLS, ARSHT & TUNNELL LLP
         Robert J. Dehney, Esq.
         Eric D. Schwartz, Esq.
         Erin R. Fay, Esq.
         1201 North Market Street, 16th Floor
         P.O. Box 1347
         Wilmington, DE 19899
         Tel: (302) 658-9200
         Fax: (302) 658-3989
         E-mail: rdehney@mnat.com
                 eschwartz@mnat.com
                 efay@mnat.com

Optim Energy, LLC scheduled $6.95 million in assets and $717
million in liabilities.  Optim Energy Cedar Bayou 4, LLC, disclosed
$184 million in assets and $718 million in liabilities as of the
Chapter 11 filing.  The Debtors have $713 million of outstanding
principal indebtedness.

The U.S. Trustee for Region 3 was unable to appoint an official
committee of unsecured creditors in the Debtors' cases.

Walnut Creek is represented by Michael W. Yurkewicz, Esq., at
Klehr Harrisison Harvey Branzburg LLP, in Wilmington, Delaware;
Paul M. Basta, P.C., Esq., Joshua A. Sussberg, P.C., Esq., and
Matthew Kapitanyan, Esq., at Kirkland & Ellis LLP, in New York; and
James A. Stempel, Esq., at Kirkland & Ellis LLP, in Chicago,
Illinois.

Cascade Investment, L.L.C., and ECJV Holdings are represented by
Margaret Whiteman Greecher, Esq., Pauline K. Morgan, Esq., and
Patrick A. Jackson, Esq., at Young Conaway Stargatt & Taylor LLP,
in Wilmington, Delaware; and Lindsee P. Granfield, Esq., and Jane
VanLare, Esq., at Cleary Gottlieb Steen & Hamilton LLP, in New
York.

                            *     *     *

Judge Brendan Linehan Shannon of the U.S. Bankruptcy Court for the
District of Delaware on July 30, 2015, issued a findings of fact,
conclusions of law and order confirming the Third Amended Joint
Plan of Reorganization of Optim Energy Altura Cogen, LLC, and Optim
Energy Cedar Bayou 4, LLC.

The Reorganizing Debtors owned interests in and operated, in whole
or in part, three power plants in eastern Texas -- one coal-fired
power plant (the Twin Oaks Plant) and two gas-fired power plants
(the Altura Cogen Plant and the Cedar Bayou Plant).

Judge Shannon, on May 19, approved the Disclosure Statement
explaining the Reorganization Plan, which provides that holders of
Allowed General Unsecured Claims are being offered Cash equal to
75% of their Allowed Claims if the Class of Claims accepts the
applicable Subplan, and an additional 20% in Cash for any holders
that do not opt out of the release contained in Section 10.03 of
the Third Amended Plan.  The potential for 25% impairment cannot be
characterized as artificial.  There are approximately 60 to 70
holders of General Unsecured Claims against Altura Cogen (totaling
approximately $800,000 to $900,000) and two holders of General
Unsecured Claims against Cedar Bayou (totaling approximately
$400,000 to $500,000). Each Estate has non-insider creditor
classes.


OXYSURE SYSTEMS: Incurs $1.2 Million Net Loss in Second Quarter
---------------------------------------------------------------
Oxysure Systems, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.25 million on $1.04 million of net revenues for the three
months ended June 30, 2015, compared to a net loss of $319,508 on
$678,111 of net revenues for the same period in 2014.

For the six months ended June 30, 2015, the Company reported a net
loss of $2.59 million on $1.67 million of net revenues compared to
a net loss of $695,828 on $1.03 million of net revenues for the
same period during the prior year.

As of June 30, 2015, the Company had $5.28 milllion in total
assets, $2.28 million in total liabilities and $2.99 million in
total stockholders' equity.

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

                         http://is.gd/12t89G

                        About OxySure Systems

Frisco, Tex.-based OxySure Systems, Inc. (OTC QB: OXYS) is a
medical technology company that focuses on the design, manufacture
and distribution of specialty respiratory and emergency medical
solutions.  The company pioneered a safe and easy to use solution
to produce medically pure (USP) oxygen from inert powders.  The
Company owns nine issued patents and patents pending on this
technology which makes the provision of emergency oxygen safer,
more accessible and easier to use than traditional oxygen
provision systems.

Oxysure Systems reported a net loss of $2.75 million in 2014
following a net loss of $712,000 in 2013.

Sadler, Gibb & Associates, LLC, in Salt Lake City, UT, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2014, citing that the
Company had accumulated losses of $18.0 million as of Dec. 31, 2014
which raises substantial doubt about its ability to continue as a
going concern.


PATRIOT COAL: Tavenner & Beran Okayed as Committee's Local Counsel
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia
authorized the Official Committee of Unsecured Creditors in the
Chapter 11 cases of Patriot Coal Corporation, et al., to retain
Tavenner & Beran, PLC, as its local counsel.

Tavenner & Beran is expected to, among other things:

  a) assist, advise and represent the Committee in analyzing
the Debtors' assets and liabilities, investigating the extent and
validity of liens and participating in and reviewing any proposed
asset sales, any asset dispositions, financing arrangements and
cash collateral stipulations or proceedings;

   b) assist, advise and represent the Committee in any manner
relevant to reviewing and determining the Debtors' rights and
obligations under leases and other executory contracts;

   c) assist, advise and represent the Committee in investigating
the acts, conduct, assets, liabilities and financial condition of
the Debtors, the Debtors' operations and the desirability of the
continuance of any portion of those operations, and any other
matters relevant to these cases or to the formulation of a
plan.

The Committee has been advised that the rates of Tavenner & Beran
for the services rendered in the cases will be at the same rates
charged to its clients for non-bankruptcy work.  The firm's
services will be provided at rates in the range of $395 and $410
per hour for partners and $100 to $105 for paralegals.  

For this engagement, the matter will be handled primarily by:

         Lynn L. Tavenner                   $410
         Paula S. Beran                     $395

Tavenner & Beran also will seek reimbursement of all out-of-pocket
disbursements.

To the best of the Committee's knowledge, Tavenner & Beran is a
"disinterested person" as that term is defined in Section 101(14 of
the Bankruptcy Code.

The firm can be reached at:

         Lynn L. Tavenner, Esq.
         Paula S. Beran, Esq.
         TAVENNER & BERAN, PLC
         20 North Eighth Street, Second Floor
         Richmond, VA 23219
         Tel: (804)783-8300
         Fax: (804) 783-0178

                        About Patriot Coal

Patriot Coal Corporation is a producer and marketer of coal in the
United States.  Patriot and its subsidiaries control 1.4 billion
tons of proven and probable coal reserves -- including owned and
leased assets in the Central Appalachia basin (in West Virginia
and Ohio) and Southern Illinois basin (in Kentucky and Illinois)
and their operations consist of eight active mining complexes in
West Virginia.

Patriot Coal first sought Chapter 11 protection on July 9, 2012,
and, on Dec. 18, 2013, won approval of its bankruptcy-exit plan
from the U.S. Bankruptcy Court for the Eastern District of
Missouri.  The plan turned over most of the ownership of the
company to bondholders that include New York hedge fund Knighthead
Capital Management LLC.  The linchpins of the plan were a global
settlement among the Debtors, the United Mine Workers of America,
and two third parties -- Peabody Energy Corporation and Arch Coal,
Inc. -- and a commitment by a consortium of creditors, led by
Knighthead, to backstop two rights offerings that funded the plan.

Patriot Coal Corporation and its subsidiaries commenced new
Chapter 11 cases (Bankr. E.D. Va. Lead Case No. 15-32450) in
Richmond, Virginia, on May 12, 2015.  The cases are assigned to
Judge Keith L. Phillips.

Patriot Coal estimated more than $1 billion in assets and debt.

The Debtors tapped Kirkland & Ellis LLP as counsel; Kutak Rock
L.L.P., as co-counsel; Centerview Partners LLC as investment
bankers; Alvarez & Marsal North America, LLC, as restructuring
advisors; and Prime Clerk LLC, as claims and administrative agent.

The U.S. trustee overseeing the Chapter 11 case of Patriot Coal
Corp. appointed seven creditors of the company to serve on the
official committee of unsecured creditors.  The Committee is
represented by Morrison & Foerster LLP as its counsel, and Tavenner
& beran, PLC, as its local counsel.  Jefferies LLC serves as its
investment banker.

The directed the U.S. Trustee to form an official committee of
retirees at the behest of Patriot Coal Non-Union Retiree VEBA.

                        *     *     *

The deadline to file bids for the Debtors' assets is Sept. 4, 2015,
at 5:00 p.m.  An auction will take place on Sept. 9, at 10:00 a.m.

Patriot Coal has filed with the Bankruptcy Court a letter of intent
for a proposed sale of a substantial majority of its operating
assets to Blackhawk Mining, LLC, as well as a motion outlining
bidding procedures.  Under the terms of the letter of intent,
Blackhawk would issue to Patriot's secured lenders new debt
securities totaling approximately $643 million plus Class B Units
providing them an ownership stake in Blackhawk.  In addition,
Blackhawk would assume or replace surety bonds supporting
reclamation and related liabilities associated with the purchased
assets.


PEABODY ENERGY: Bank Debt Trades at 24% Off
-------------------------------------------
Participations in a syndicated loan under which Peabody Energy
Power Corp is a borrower traded in the secondary market at 76.18
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents an increase of 0.48 percentage points from
the previous week, The Journal relates.  Peabody Energy Power Corp
pays 325 basis points above LIBOR to borrow under the facility.
The bank loan matures on September 20, 2020. Moody's rates the loan
'B1' and Standard & Poor's gave a 'BB-' rating to the loan.  The
loan is one of the biggest gainers and losers among 259 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended Friday, August 7.


PHOTOMEDEX INC: No!No! Hair Breaks Sales Record in UK
-----------------------------------------------------
PhotoMedex, Inc., announced that no!no! continues to break sales
records with the launch of the MICRO no!no!, the latest innovation.
These sales records continue to be broken even after seven years
on UK home shopping.

On August 16, home shopping consumers in the UK purchased more than
10,000 pieces of the latest generation of no!no! hair removal
technology, generating over GBP 1.1 million and representing a
record for no!no! as the fastest selling unit, and selling out in
only one and a half hours of live air time.  The Company notes that
the UK market is only 20% of the size of the U.S. market, making
these results even more impressive.

"August is traditionally a quiet period for home shopping sales,
and this sales achievement demonstrates continued awareness and
enthusiasm for the global brand," said Dr. Dolev Rafaeli, chief
executive officer of PhotoMedex and president of Radiancy, Inc.
"Live TV home shopping has been an incredibly important part of the
marketing and sales platform for the no!no! brand.  Our strategy to
focus on the unique benefits of no!no!, compared with other home
hair removal treatments proved to be a success.  We are very
pleased that eight years and hundreds of thousands of units later,
the brand is still generating strong sales," Dr. Rafaeli added.

As part of the one-day event, no!no! UK consumers were introduced
to a brand new, edition of the popular hair removal device.  The
MICRO, offered in three colors -- lipstick red, midnight black and
pure white -- is the latest and smallest offering in portable and
simplified home-use professional hair removal technology.

To date, nearly half a million no!no! Hair hair removal units have
been sold through this TV shopping channel in both the UK and U.S.
combined, and more than six million units have been sold worldwide.


                          About PhotoMedex

PhotoMedex, Inc., is a global health products and services company
providing integrated disease management and aesthetic solutions to
dermatologists, professional aestheticians, ophthalmologists,
optometrists, consumers and patients.  The Company provides
proprietary products and services that address skin conditions
including psoriasis, vitiligo, acne, actinic keratosis, photo
damage and unwanted hair, as well as fixed-site laser vision
correction services at our LasikPlus(R) vision centers.

PhotoMedex and its subsidiaries has entered into a second
amended and restated forbearance agreement with the lenders that
are parties to the credit agreement dated May 12, 2014, and with JP
Morgan Chase, as administrative agent for the Lenders pursuant to
which the Lender have agreed to forbear from exercising their
rights and remedies with respect to certain events of default from
Aug. 25, 2014, until April 1, 2016, or earlier if an event of
default occurs, according to a document filed with the Securities
and Exchange Commission in March 2015.

As of June 30, 2015, the Company had $67.7 million in total assets,
$23.9 million in total liabilities and $43.8 million in total
stockholders' equity.

                        Bankruptcy Warning

"If, in the future, PhotoMedex is required to obtain similar
forbearance agreements as a result of our inability to meet the
terms of the credit agreement, there can be no assurance that those
forbearance agreements will be available on commercially reasonable
terms or at all.  If, as or when required, we are unable to repay,
refinance or restructure our indebtedness under those credit
facilities, or amend the covenants contained therein, the lenders
could elect to terminate their commitments under the credit
facilities and institute foreclosure proceedings against our
assets.  Under such circumstances, we could be forced into
bankruptcy or liquidation.  In addition, any additional events of
default or declaration of acceleration under one of those
facilities or the forbearance agreement could also result in an
event of default under one or more of these agreements.  Such a
declaration would have a material adverse impact on our liquidity,
financial position and results of operations," the Company stated
in its 2014 annual report.


PRESCOTT VALLEY EVENTS: Section 341 Meeting Set for Sept. 22
------------------------------------------------------------
There's a meeting of creditors in the bankruptcy case of Prescott
Valley Events Center, LLC on Sept. 22, 2015, at 9:00 a.m. at US
Trustee Meeting Room, 230 N. First Avenue, Suite 102, in Phoenix,
Arizona.

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

All creditors are invited, but not required, to attend.  This
meeting of creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

                About Prescott Valley Events Center

Prescott Valley Events Center, LLC, was formed in 2005 to construct
and operate a multi-purpose sports and entertainment arena known as
the Prescott Valley Events Center in Prescott Valley, Arizona.  The
Center opened in 2006 and plays host to concerts, community events,
trades shows, and sporting events, including several high school
championships.  Until 2014, the Center served as the home of the
Arizona Sundogs (CHL) ice hockey team.  The Center's seating
capacity is 6,200 for concerts, 4,810 for hockey, and 5,100 for
basketball.

The original members of PVEC were Prescott Valley Signature
Entertainment, LLC, and Global Entertainment Corporation, which
each owned 50 percent of the membership interests in PVEC.

PVEC sought Chapter 11 protection in Prescott, Arizona (Bankr. D.
Ariz. Case No. 15-10356) on Aug. 14, 2015.  The case is assigned to
Judge Madeleine C. Wanslee.

The Debtor tapped Carolyn J. Johnsen, Esq., and William Novotny,
Esq., at Dickinson Wright PLLC, in Phoenix, as counsel.

The Debtor estimated $10 million to $50 million in assets and $50
million to $100 million in debt.


PRESSURE BIOSCIENCES: Transfers 1MM Restricted Shares to Everest
----------------------------------------------------------------
Pressure BioSciences Inc. closed its stock exchange agreement with
Everest Investments Holdings, S.A., according to a document filed
with the Securities and Exchange Commission.

Pursuant to the Exchange Agreement, on Aug. 12, 2015, the Company
transferred and delivered to Everest 1,000,000 restricted shares of
its common stock and Everest transferred and delivered to the
Company 601,500 shares of Everest Investments Holdings, S.A. valued
at $500,000 based on the last sale price on the Warsaw Stock
Exchange on the day prior to that transfer and delivery.  The
Closing Date was deemed to be Aug. 12, 2015, when the shares were
transferred and delivered to the respective parties.

Under the Exchange Agreement, the Company and Everest are subject
to mutual lock-up provisions which provide that, for the 12 month
period beginning on the date of the Exchange Agreement, each party
(i) will not transfer or agree to transfer the other party's
shares, (ii) will take all action reasonably necessary to prevent
creditors in respect of any pledge of shares from exercising their
rights under such pledge, and (iii) will not take any action that
would make any representations or warranties made under the
Exchange Agreement untrue or incorrect or prevent the respective
party from performing any material obligations under the Exchange
Agreement.

                    About Pressure Biosciences

Pressure BioSciences, Inc., headquartered in South Easton,
Massachusetts, holds 14 United States and 10 foreign patents
covering multiple applications of pressure cycling technology in
the life sciences field.

Pressure Biosciences reported a net loss applicable to common
shareholders of $6.25 million on $1.37 million of revenue for the
year ended Dec. 31, 2014, compared to a net loss applicable to
common shareholders of $5.24 million on $1.5 million of total
revenue for the year ended Dec. 31, 2013.

As of March 31, 2015, the Company had $1.5 million in total assets,
$4.72 million in total liabilities and a $3.22 million total
stockholders' deficit.

Marcum LLP, in Boston, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, noting that the Company has had recurring net
losses and continues to experience negative cash flows from
operations.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern, the auditors
said.


QUALITY DISTRIBUTION: Trustee Releases Liens Securing Notes
-----------------------------------------------------------
Quality Distribution, LLC, and QD Capital Corporation, each wholly
owned subsidiaries of Quality Distribution, Inc., deposited with
The Bank of New York Mellon Trust Company, N.A., as Trustee and as
Collateral Agent, an amount equal to the outstanding principal
amount of their 9.875% Second-Priority Senior Secured Notes due
2018, at a redemption price equal to 102.469%, together with
accrued and unpaid interest, if any, up to Nov. 1, 2015.  

The Notes were issued pursuant to that certain Indenture, dated
Nov. 3, 2010, by and among QD LLC, QD Capital, the Subsidiary
Guarantors from time to time party thereto and The Bank of New York
Mellon.  Upon the receipt of the Redemption Payment on
Aug. 18, 2015, (i) the Trustee acknowledged the satisfaction and
discharge of the Indenture whereby any remaining restrictive
covenants and events of default in the Indenture cease to have
effect and (ii) the Collateral Agent released all liens securing
the Notes under the Indenture.
                    
                Terminates Form S-8 Prospectus

On Aug. 18, 2015, Quality Distribution completed its merger with
Gruden Merger Sub, Inc. ("Merger Sub"), a wholly-owned subsidiary
of Gruden Acquisition, Inc. ("Parent"), pursuant to an Agreement
and Plan of Merger dated as of May 6, 2015, by and among the
Company, Merger Sub, and Parent.  As a result of the Merger, Merger
Sub merged with and into the Company, with the Company continuing
as the surviving corporation in the Merger, and the Company has
been acquired by and has become a wholly-owned subsidiary of
Parent.  The Merger became effective on Aug. 18, 2015.

In connection with the Merger, the Company terminated all offers
and sales of its securities registered pursuant to these
Registration Statements:

   1. Registration No. 333-182552, filed with the Securities and
      Exchange Commission on July 5, 2012, registering securities
      issuable pursuant Quality Distribution, Inc. 2012 Equity
      Incentive Plan;

   2. Registration No. 333-133408, filed with the Commission on
      April 19, 2006, registering Common Stock issuable pursuant
      to the MTL, Inc. 1998 Stock Option Plan, Quality
      Distribution, Inc. 2003 Stock Option Plan and Quality
      Distribution, Inc. 2003 Restricted Stock Incentive Plan; and

   3. Registration No. 333-31483, filed with the Commission on
      July 17, 1997, registering Common Stock issuable pursuant to

      the 1994 Incentive and Non-Statutory Stock Option Plan.

The Company removes from registration any and all securities
registered but unsold under the Registration Statements as of
Aug. 18, 2015.

                   About Quality Distribution

Quality Distribution, LLC, and its parent holding company, Quality
Distribution, Inc., are headquartered in Tampa, Florida.  The
company is a transporter of bulk liquid and dry bulk chemicals.
The company's 2010 revenues are approximately $686 million.
Apollo Management, L.P., owns roughly 30 percent of the common
stock of Quality Distribution, Inc.

As of June 30, 2015, the Company had $413 million in total assets,
$436 million in total liabilities and a $22.9 million total
shareholders' deficit.

                        Bankruptcy Warning

"We have substantial indebtedness and may not be able to make
required payments on our indebtedness.

We had consolidated indebtedness and capital lease obligations,
including current maturities of $351.3 million, as of December 31,
2014.  We must make regular payments under the ABL Facility,
including the Term Loan, thereunder, and our capital leases and
semi-annual interest payments under our 2018 Notes.

The ABL will mature at the earlier of November 2019 and the date
that is 91 days prior to the maturity of the Company's currently
outstanding 2018 Notes or any replacement notes if the outstanding
amount of such debt is above a certain threshold.  The Term Loan
matures on November 3, 2017 but we are subject to mandatory
prepayment of the principal amount of the Term Loan in equal
quarterly payments beginning as early as November 2015.  The
maturity date of the ABL Facility, including the Term Loan, may be
accelerated if we default on our obligations.  If the maturity of
the ABL Facility and/or such other debt is accelerated, we may not
have sufficient cash on hand to repay the ABL Facility and/or such
other debt or be able to refinance the ABL Facility and/or such
other debt on acceptable terms, or at all.  The failure to repay
or refinance the ABL Facility and/or such other debt at maturity
would have a material adverse effect on our business and financial
condition, would cause substantial liquidity problems and may
result in the bankruptcy of us and/or our subsidiaries.  Any actual
or potential bankruptcy or liquidity crisis may materially harm our
relationships with our customers, suppliers and independent
affiliates," the Company states in its 2014 annual report.

                           *     *     *

As reported in the TCR on June 28, 2013, Moody's Investors Service
upgraded Quality Distribution, LLC's Corporate Family Rating to
'B2' from 'B3' and Probability of Default Rating to 'B2-PD' from
'B3-PD'.

The upgrade of Quality's CFR to 'B2' was largely driven by the
expectation that credit metrics will improve over the next twelve
to eighteen months, through a combination of EBITDA growth and
debt paydowns, to levels consistent with the 'B2' rating level.
The company is in the process of integrating the bolt-on
acquisitions made in its Energy Logistics business sector since
2011.

As reported by the TCR on July 17, 2015, Standard & Poor's Ratings
Services said that it has lowered its corporate credit rating on
Tampa-based transportation and logistics provider Quality
Distribution Inc. to 'B-' from 'B' and removed the ratings from
CreditWatch, where S&P had placed them with negative implications
on May 8, 2015.  "The downgrade reflects Quality Distribution's
higher debt-leverage pro forma for its acquisition by Apax
Partners," said Standard & Poor's credit analyst Michael Durand.


RELATIVITY FASHION: Has Interim OK to Pay Prepetition Residuals
---------------------------------------------------------------
The Hon. Michael E. Wiles of the U.S. Bankruptcy Court for the
District of Southern New York issued an interim order authorizing
Relativity Fashion, LLC, et al.'s payment of prepetition residuals
and participations in the ordinary course of business.

The Court authorized the Debtors to make, in the ordinary course of
business, any and all residuals and participations payments,
notwithstanding that the residuals and participations payments may
be, in whole or in part, on account of prepetition claims, provided
that no payment will be made on account of prepetition residuals
and participations until a separate court order is entered
authorizing the use of cash collateral for this purpose.

All banks are authorized and directed to (a) receive, process,
honor, and pay any and all Debits, regardless of whether the debits
were issued before the Petition Date, and (b) rely on the interim
court Order and on the Debtors' representations as to which debits
are authorized to be honored.

Any payment to be made will also be subject to the terms,
conditions, requirements and budgets imposed on the Debtors under
the Debtors' postpetition financing agreements, any order governing
the Debtors' use of cash collateral and entry into the DIP
documents, and any other order entered by the Court concerning
payment of residuals or participations.

The final hearing on the Debtors' motion will be held on Aug. 25,
2015, at 11:00 a.m. (Prevailing Eastern Time).

                   About  Relativity Fashion

Based in New York, Relativity Fashion LLC dba M3 Relativity --
http://relativitymedia.com/-- is a privately-held entertainment
company with an integrated and diversified global media platform
that provides, among other things, film and television financing,
production and distribution. Relativity was founded in 2004 by Ryan
Kavanaugh as a films late cofinancier partnering with major studios
such as Sony and Universal.  In addition, the Company engages in
content production and distribution, including movies, television,
fashion, sports, digital and music.  

The Company and its affiliates filed for Chapter 11 protection on
July 30, 2015 (Bankr. S.D. N.Y. Lead case No. 15-11989).  Judge
Michael E. Wiles presides over the Debtors' Chapter 11 cases.

Craig A. Wolfe, Esq., Malani J. Cademartori, Esq., and Blanka K.
Wolfe, Esq., at SHEPPARD MULLIN RICHTER & HAMPTON LLP, and Richard
L. Wynne, Esq., Bennett L. Spiegel, Esq., and Lori Sinanyan, Esq.,
at JONES DAY, represent the Debtors in the bankruptcy cases.

The Debtors reported total assets of $559.9 million, and total
debts: $1.1 billion as of Dec. 31, 2014.


RETROPHIN INC: May Issue 4.2 Million Shares Under Incentive Plan
----------------------------------------------------------------
Retrophin, Inc. filed a Form S-8 registration statement with the
Securities and Exchange Commission for the purpose of registering
4,207,736 shares of common stock (par value $0.0001 per share), of
the Company issuable under its 2015 Equity Incentive Plan.  The
proposed maximum aggregate offering price is $117.7 million.  A
full-text copy of the prospectus is available at:

                        http://is.gd/ttBjlk

                         About Retrophin

Retrophin, Inc., develops, acquires and commercializes therapies
for the treatment of serious, catastrophic or rare diseases.  The
Company offers Chenodal(R), a treatment for gallstones;
Vecamyl(R), a treatment for moderately severe to severe essential
hypertension and uncomplicated cases of malignant hypertension;
and Thiola, for the prevention of kidney stone formation in
patients with severe homozygous cystinuria.

Retrophin reported a net loss of $111 million in 2014 following a
net loss of $34.6 million in 2013.

As of June 30, 2015, the Company had $425.1 million in total
assets, $274.3 million in total liabilities and $150.7 million in
total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
Dec. 31, 2014.  The accounting firm noted that the Company has
suffered recurring losses from operations, used significant amounts
of cash in its operations, and expects continuing future losses.
In addition, at Dec. 31, 2014, the Company had deficiencies in
working capital and net assets of $70.2 million and $37.3 million,
respectively.  Finally, while the Company was in compliance with
its debt covenants at Dec. 31, 2014, it expects to not be in
compliance with these covenants in 2015.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


SAINT MICHAEL'S MEDICAL: Gets Court Approval to Hire Prime Clerk
----------------------------------------------------------------
Saint Michael's Medical Center Inc. received court approval to hire
Prime Clerk LLC as its official claims and noticing agent effective
as of Aug. 10, 2015.

The order, issued by U.S. Bankruptcy Judge Vincent Papalia of the
U.S. Bankruptcy Court for the District of New Jersey, authorized
Prime Clerk to perform noticing services and to administer the
proofs of claim filed in the Chapter 11 cases of Saint Michael's
and its affiliated debtors.

Prime Clerk was also authorized to serve as the custodian of court
records and was designated as the authorized repository for all
proofs of claim.

The firm is entitled to indemnification pursuant to its services
agreement with Saint Michael's, according to the court filing.

               About Saint Michael's Medical Center

Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was acquired
from Cathedral Healthcare System Inc., a New Jersey nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation.
The immediate sole corporate member of SMMC is Maxis Health System,
a Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be jointly
administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as claims
and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.


SAINT MICHAEL'S MEDICAL: Judge Orders Appointment of Ombudsman
--------------------------------------------------------------
U.S. Bankruptcy Judge Vincent Papalia of the U.S. Bankruptcy Court
for the District of New Jersey ordered the U.S. trustee overseeing
the Chapter 11 cases of Saint Michael's Medical Center Inc. and its
affiliated debtors to appoint a patient care ombudsman.

The bankruptcy judge also designated the companies' bankruptcy
cases as "health care business cases" within the meaning of Section
101 (27A) of the Bankruptcy Code.

               About Saint Michael's Medical Center

Saint Michael's Medical Center, Inc., was incorporated in 2008 to
acquire St. Michael's Medical Center and 2 other now defunct
hospitals (Saint James Hospital and Columbus Hospital) was acquired
from Cathedral Healthcare System Inc., a New Jersey nonprofit.

SMMC is a second tier subsidiary of Trinity Health Corporation.
The immediate sole corporate member of SMMC is Maxis Health System,
a Pennsylvania not-for-profit corporation.

Established by the Franciscan Sisters of the Poor in 1867, St.
Michael's Medical Center is a 357- bed licensed regional
tertiary-care, teaching, and research center in the heart of
Newark, New Jersey's business and educational district and is
accredited by The Joint Commission.

On Aug. 10, 2015, SMMC Inc. and three affiliated debtors each filed
a voluntary petition for relief under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
New Jersey.  The cases are pending before the Honorable Vincent F.
Papalia, and the Debtors have requested that their cases be jointly
administered under Case No. 15-24999.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel;
EisnerAmper LLP as financial advisor; and Prime Clerk LLC as claims
and noticing agent.

SMMC estimated $100 million to $500 million in assets and debt.


SALADWORKS LLC: Plan Filing Exclusivity Extended to Sept. 17
------------------------------------------------------------
Judge Laurie Selber Silverstein of the U.S. Bankruptcy Court for
the District of Delaware extended SW Liquidation, LLC's exclusive
plan filing period through and including Sept. 17, 2015, and its
exclusive solicitation period through and including Nov. 13, 2015.

Judge Silverstein ruled that if the Court enters a final order
denying confirmation of the Debtor's Chapter 11 Plan of Liquidation
and the Debtor seeks to further extend the Exclusive Periods, the
Official Committee of Unsecured Creditors may either (i) seek to
terminate any further extended Exclusive Periods or (ii) object to
any request to further extend the Exclusive Periods, as applicable,
and have that motion or objection heard on a shortened notice.

                      About Saladworks, LLC

Developed in 1986, Saladworks, LLC, is the first and largest
fresh-salad franchise concept in the United States.  From its
beginning in the Cherry Hill Mall, Saladworks quickly expanded to
12 additional locations in area malls and soon thereafter began
franchising.  The company has franchise agreements with 162
different franchisees.  The equity owners are J Scar Holdings,
Inc., (70%) and JVSW LLC (30%).

Saladworks, LLC, sought Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 15-10327) on Feb. 17, 2015.  The case assigned to
Judge Laurie Selber Silverstein.

The Debtor has tapped Landis Rath & Cobb LLP as counsel; SSG
Advisors, LLC, as investment banker; EisnerAmper LLP, as financial
advisor; and Upshot Services LLC, as claims and noticing agent.

Saladworks, LLC, disclosed $2,303,632 in assets and $14,220,722 in
liabilities as of the Chapter 11 filing.

                         *     *     *

The Debtor, on Aug. 3, 2015, revised its Plan of Liquidation and
Disclosure Statement to resolve the formal and informal comments.
A blacklined version of the Amended Disclosure Statement is
available at http://bankrupt.com/misc/SWds0803.pdf


SANDY CREEK: Bank Debt Trades at 2% Off
---------------------------------------
Participations in a syndicated loan under which Sandy Creek Energy
Associates is a borrower traded in the secondary market at 97.83
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents a decrease of 0.63 percentage points from
the previous week, The Journal relates.  Sandy Creek Energy
Associates pays 400 basis points above LIBOR to borrow under the
facility.  The bank loan matures on November 6, 2020. Moody's rates
the loan 'Ba3' and Standard & Poor's gave a 'B+' rating to the
loan.  The loan is one of the biggest gainers and losers among 259
widely quoted syndicated loans with five or more bids in secondary
trading for the week ended Friday, August 7.


SANDY CREEK: Moody's Affirms Ba3 Sr. Sec. Rating, Outlook Negative
------------------------------------------------------------------
Moody's Investors Service has affirmed the Ba3 senior secured
rating of Sandy Creek Energy Associates, L.P. (SCEA).  Concurrent
with this rating action, Moody's revises the rating outlook for
SCEA to negative from stable.  The senior secured credit facilities
are comprised of a $1,025 million term loan due 2020 (approx.
$958.4 million outstanding), a $102 million letter of credit
facility due 2020 to backstop Tax-Exempt Variable Rate Notes, and a
$75 million working capital facility due 2020.  SCEA owns 64% of
the Sandy Creek Energy Station, a 945 MW single unit, once-through
super-critical cycle, pulverized coal-fired power generating
facility in Riesel, Texas.  SCEA is a bankruptcy-remote entity
owned by affiliates of LS Power (Sponsor).

RATINGS RATIONALE

The change in outlook to negative reflects the project's exposure
to weak merchant power prices and Moody's expectations of weaker
financial performance relative to Moody's base case projections at
the time of the initial rating (October 2013) due to the
deterioration in the wholesale energy markets in ERCOT.  Lower gas
and power prices are expected to severely depress SCEA merchant
energy margins.  This is likely to result in substantially lower
credit metrics and the possibility that cash flow could be
insufficient to fully cover debt service at some point in the
future, in the absence of some mitigating development.  In
addition, the lower merchant cash flows will result in less excess
cash flow that can be swept to de-lever the project, resulting in
higher refinancing risk when the debt matures in 2020.

The Ba3 rating affirmation and outlook change recognizes that a
substantial portion of the cash flows are contracted under
long-term (30 years) power purchase agreements (PPAs) with Brazos
Electric Power Cooperative (Brazos, unrated) and Lower Colorado
River Authority (LCRA, A2 stable), two Texas-based public power
entities, but that SCEA is also exposed to the weak ERCOT North
merchant energy market.  The rating acknowledges Brazos' 25%
ownership interest and LCRA's 11% ownership interest in Sandy
Creek, which supports credit quality for SCEA as interests of the
counterparties and the owners are better aligned.  SCEA also
currently benefits from additional power and gas hedges with highly
rated counterparties that provide for incremental hedged cash flow
through the end of 2015.  The rating also recognizes the solid
operational performance of the plant since reaching commercial
operation in June 2013.  Sandy Creek is an efficient coal plant
with the latest, commercially available environmental controls, and
can pass through fixed and variable costs associated with its PPAs
to the offtakers, including carbon emissions costs. The rating
further recognizes the high degree of leverage that exists at SCEA
along with refinancing risk.

SCEA's historical results have been solid to date with strong debt
service coverage (DSCR).  In 2014, the DSCR was still a strong
2.06x.  This was due to cash flows that benefitted from contracts
and hedges, as well as relatively stronger merchant power prices in
ERCOT.  Even in the 1st quarter of 2015, when the impact of weaker
merchant power prices started to present themselves, the coverage
ratio was 1.98x.  For all of 2015, the DSCR according to Moody's
calculation is expected to measure approximately 1.50x. However,
most of the existing hedges roll off at the end of 2015, and SCEA
will be even more exposed to weaker ERCOT North power prices.
Moody's calculates that SCEA could struggle to meet debt service at
some point in the future in the absence of some mitigating
development -- such as an improvement in wholesale markets, SCEA
entering into additional hedges, cost reductions, support from the
Sponsor and/or some other supporting development. The weaker
metrics also reduces the amount of cushion should there be an
unexpected outage.

Moody's understands that SCEA is currently in discussions with
potential hedge counterparties to enter into new hedging
arrangements for 2016.  Moody's also notes that Sandy has a high
capacity factor (around 80%), which suggests that it is running
even as a "merchant coal" plant in a market where gas is on the
margin.  Therefore, it should capture some merchant sales,
especially during peak pricing periods in the all-important 3rd
quarter of each year when temperatures in Texas are at their
highest.  If merchant margins are high enough, SCEA should be able
to cover the costs associated with that merchant power, including
the fixed costs of the plant that are not covered under the PPAs.
Moody's notes, however, that there is a lot of uncertainty and
volatility associated with merchant power prices in ERCOT.

Moody's intends to use the period of the negative outlook (6-12
months) to monitor the project's financial progress for the
remainder of 2015 and into 2016 to see if SCEA does enter into new
hedges, takes steps to reduce costs and/or takes other measures to
ensure that it can comfortably cover debt service going forward
with recovering financial metrics.  To the extent there is no
improvement in SCEA's prospects, and financial performance
continues to weaken, then SCEA's rating could come under downward
pressure by one or more notches.

In light of the negative outlook, limited prospects exist for the
rating to be upgraded in the short-run.  The rating outlook could
stabilize if power prices recover in ERCOT and/or financial hedges
are entered into such that Sandy Creek's metrics return to the
levels expected at the time of the rating in October 2013.

The rating could be downgraded if financial metrics do not improve
or Sandy Creek faces other challenges, including operating
problems.

The last rating action on Sandy Creek was on October 18, 2013, when
Moody's assigned a Ba3 rating.

The principal methodology used in these ratings was Power
Generation Projects published in December 2012.

Sandy Creek Energy Station is a greenfield nominal 945 MW single
unit super-critical coal-fired base load electric generating
station located near Riesel, Texas.  Ownership of the Project is
held 63.87% by Sandy Creek Energy Associates, LP (SCEA), a 25%
interest by Brazos Sandy Creek Electric Cooperative, Inc. (Brazos),
and an 11.13% interest by Lower Colorado River Authority (LCRA: A2,
Stable).



SANTA CLARA CITY: Moody's Affirms Ba1 Rating on 2006 Revenue Bonds
------------------------------------------------------------------
Moody's Investors Service has affirmed the Ba1 rating on the City
of Santa Clara, UT's Electric Revenue Bonds, Series 2006.  The
rating action affects $3.6 million in debt outstanding.

SUMMARY RATING RATIONALE

The rating affirmation primarily reflects the enterprise's improved
liquidity and debt service coverage to satisfactory levels in
recent years.  The rating also incorporates the continued reliance
on impact fees and other non-recurring resources.

OUTLOOK

Outlooks are usually not assigned to local government credits with
this amount of debt outstanding.

WHAT COULD MAKE THE RATING GO UP

   -- Sustained coverage increase with reduced impact fee
      dependency
   -- Improved timeliness of rate increases
   -- Significant growth in service area demand

WHAT COULD MAKE THE RATING GO DOWN

   -- Deteriorating coverage or liquidity
   -- Slowdown in service base growth

OBLIGOR PROFILE

The enterprise provides power services to its primarily residential
customer base within the city limits of Santa Clara, UT.

LEGAL SECURITY

The bonds are secured by the net revenues of the power system.



SEADRILL LTD: Bank Debt Trades at 27% Off
-----------------------------------------
Participations in a syndicated loan under which Seadrill Ltd is a
borrower traded in the secondary market at 72.96
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents a decrease of 1.60 percentage points from
the previous week, The Journal relates.  Seadrill Ltd pays 300
basis points above LIBOR to borrow under the facility.  The bank
loan matures on February 17, 2021. Moody's rates the loan 'Ba3' and
Standard & Poor's gave a 'BB-' rating to the loan.  The loan is one
of the biggest gainers and losers among 259 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, August 7.


SEITEL INC: S&P Cuts Corp. Credit Rating to 'B-', Outlook Negative
------------------------------------------------------------------
Standard & Poor's Ratings Services said it lowered its corporate
credit rating on Houston-based Seitel Inc. to 'B-' from 'B'.  The
outlook is negative.

At the same time, S&P lowered its issue-level ratings on the
company's senior unsecured notes to 'B-' from 'B'.  There is no
change to the '3' recovery rating on the unsecured notes,
indicating that creditors could expect meaningful (50% to 70%; at
the upper half of the range) recovery in the event of payment
default.

"The negative outlook reflects our view that Seitel's credit
measures could materially weaken if market conditions deteriorate
beyond our current expectations," said Standard & Poor's credit
analyst John Rogers.

Activity in the U.S. oil and natural gas exploration and production
(E&P) industry has sharply deteriorated in response to low oil
prices.  For year-end 2015, S&P estimates that E&P capital spending
for companies S&P rates will decline about $72 billion to $167
billion, or 30%, from actual spending of $239 billion in 2014.  As
a result, S&P now expects Seitel's credit measures to weaken due to
the bleak outlook for seismic data demand for the remainder of the
year and into 2016.  S&P now expects cash resales to decline by
approximately 60% to 65%, resulting in debt/EBITDA above 7x and
FFO/debt below 12%.

Seitel's "vulnerable" business profile reflects S&P's assessment of
its participation in the highly competitive and volatile
multi-client seismic subsector of the oilfield services industry,
limited product diversification, and smaller scale relative to its
key competitors.  S&P views Seitel's financial risk as "highly
leveraged" and liquidity as "adequate."

The negative outlook reflects S&P's expectation that Seitel's debt
to EBITDA will exceed 7x and FFO to debt will be well below 12%
over the next two years.  S&P expects the company to maintain
"adequate" liquidity while prudently managing the reduction in
seismic activity as a result of significant declines in E&P capital
spending programs.

S&P could lower the rating if it expected liquidity to deteriorate,
which would likely occur if seismic activity declined beyond S&P's
current expectations or it viewed debt leverage as unsustainable.

S&P could revise the outlook to stable if market conditions improve
such that S&P expects debt leverage to average less than 5x and
FFO/debt to be around 12% on a sustained basis.



SERVICEMASTER CO: S&P Raises Corp. Credit Rating to 'B+'
--------------------------------------------------------
Standard & Poor's Ratings Services said it raised its corporate
credit rating on Memphis-based The ServiceMaster Co. LLC to 'B+'
from 'B'.  The outlook is stable.

At the same time, S&P raised its issue-level rating on the
company's first-lien credit facilities to 'BB-' from 'B+'.  The
recovery rating on this debt remains '2', but recovery expectations
now fall at the lower half of the substantial (70% to 90%) recovery
range.  S&P also raised its issue-level ratings on the company's
unsecured notes to 'B+' from 'B-' and revised the recovery rating
on this debt to '4' from '5'.  The '4' recovery rating indicates
S&P's expectation for average (30% to 50%; lower half of the range)
recovery in the event of a payment default.

"The upgrade reflects the company's improving financial condition
from ongoing debt repayments," said Standard & Poor's credit
analyst Peter Deluca.

S&P's ratings on ServiceMaster incorporate its participation in
fragmented and highly competitive business segments and its narrow
business focus.  They also reflect the company's good market
position, diversified client base, and good client retention
experience.  S&P expects credit measures will improve over the next
12 months since the company will continue to reduce debt while
improving operational efficiency to drive EBITDA growth.

S&P's business risk assessment of "weak" reflects the company's
solid profitability, strong marketing and sales efforts, and solid
customer retention rates.

S&P views ServiceMaster's financial risk as "aggressive" and
liquidity as "strong," as defined in S&P's criteria.

The stable outlook reflects S&P's view that ServiceMaster's
operating performance will continue to improve and that credit
measures will also improve as a result of EBITDA growth and
permanent debt reduction.  S&P forecasts leverage will decline to
about 5x during the next year.

S&P could raise our ratings if the company's operating performance
or debt reductions result in leverage sustained below 4x.  For this
to occur, debt would need to decrease by about $850 million
(assuming current EBITDA levels) or if EBITDA improves 33%.

S&P could lower its ratings if it believes leverage will be
sustained above 5.5x, which could occur if there is poor execution
in the Terminix and American Home Shield businesses.  This could
also occur if the company's financial policy unexpectedly becomes
more aggressive than S&P currently expects, including debt
increasing by more than $75 million (assuming current levels of
EBITDA) or EBITDA falling 5%.



SIDEWINDER DRILLING: Moody's Lowers CFR to Caa3, Outlook Negative
-----------------------------------------------------------------
Moody's Investors Service downgraded Sidewinder Drilling Inc.'s
Corporate Family Rating (CFR) to Caa3 from B3, Probability of
Default Rating (PDR) to Caa3-PD from B3-PD, and senior unsecured
notes to Ca from Caa1.  In addition, the Speculative Grade
Liquidity (SGL) Rating was lowered to SGL-4 from SGL-3 and the
outlook remains negative.  Sidewinder provides contract land
drilling services to upstream oil and gas companies.

"Sidewinder's rating downgrades were driven by the sharp decline in
its 2015 earnings and the high likelihood of material deterioration
in its credit metrics due to the subdued North American drilling
activity," said Sreedhar Kona, Moody's Senior Analyst.  "The
negative outlook reflects our expectation of reduced availability
under the revolving credit facility through 2016 and weakening
Sidewinder's ability to service its debt."

Issuer: Sidewinder Drilling Inc.

  Corporate Family Rating, Downgraded to Caa3 from B3

  Probability of Default Rating, Downgraded to Caa3-PD from B3-PD

  Senior Unsecured Notes due 2019, Downgraded to Ca (LGD4) from
   Caa1 (LGD4)

  Speculative Grade Liquidity (SGL) Rating, Lowered to SGL-4 from
   SGL-3

  Outlook Negative

RATINGS RATIONALE

The downgrade of Sidewinder's Corporate Family Rating (CFR) to Caa3
from B3 is primarily driven by the expected sharp decline in EBITDA
and cash flow generation due to poor demand for drilling services
at least through 2016.  With no immediate signs of a commodity
price recovery or a meaningful increase in 2016 upstream capital
budgets, per Moody's projections, Sidewinder's debt to EBITDA ratio
will increase to 9x by yearend 2015 and to over 15x by yearend
2016, from 4.7x as of June 30, 2015.  The ratings also reflect
Sidewinder's limited operating history, small scale relative to
other rated peers, and an eroding backlog with customer and
geographic concentration risks.

The Ca rating on the $250 million 9.75% senior unsecured notes due
2019 reflects their subordinate position in the capital structure
relative to the potential senior secured claims, which results in
the notes being rated one notch below the Caa3 CFR.  The company
has a $100 million secured revolving credit facility that has a
first-lien claim to substantially all of Sidewinder's assets.

The SGL-4 rating reflects Moody's expectation for Sidewinder's weak
liquidity at least through 2016.  As of June 30, 2015 the company
had $9 million of cash and $57 million available under its $100
million revolving credit facility commitment that expires in July
2019 ($39 million of borrowings outstanding and $4 million of
letters of credit).  Revolver borrowings will increase in 2016 as
EBITDA generated will not be sufficient to fund $25 million-$27
million interest expense, capital expenditure needs and other
working capital swings.  Importantly, the credit facility is an
asset based lending facility that has no financial maintenance
covenants as long as revolver borrowings do not exceed $80 million.
In that event, the company would have to maintain a fixed charge
coverage ratio of 1.1x (as defined in the credit agreement).  The
company's borrowings are likely to remain under the $80 million
threshold through 2016, however the availability under the credit
facility may be reduced if the liquidation value of the rigs
continues to worsen or the size of the receivables amount reduces,
both of which govern the advances on the ABL facility.  The credit
facility has a first-lien on substantially all of Sidewinder's
assets; any asset sales are likely to repay revolver borrowings and
therefore won't be a source of cash.

The negative outlook reflects Moody's expectations for reduced
availability under the revolving credit facility and the potential
for a missed interest payment in the second half of 2016 due to
lack of liquidity.

If available borrowing capacity on the revolver were to decline
below $30 million, ratings could be downgraded.  An upgrade is
unlikely absent a meaningfully more supportive commodity price
environment and outlook for onshore drilling activity.  To be
considered for an upgrade to Caa2, Sidewinder will need to
demonstrate consistent operational performance resulting in EBITDA
to interest sustained above 1x.  In addition, the company should
maintain adequate liquidity for a ratings upgrade.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in December 2014.



SIGNAL INT'L: EJC, Bayard File Rule 2019 Statement
--------------------------------------------------
Equal Justice Center and Bayard P.A. disclosed that they represent
a group of claimants in the Chapter 11 cases of Signal
International Inc. and its affiliated debtors.

The group in August 2013 filed a lawsuit styled Kambala v. Signal
International, L.L.C. over an alleged scheme to traffic the
claimants into the United States to provide labor for the
companies, according to the filing.

Beginning in early 2013, EJC has represented the claimants in
connection with the lawsuit.  On or about July 8, 2015, Bayard
agreed to serve as local counsel for the group in Signal
International's bankruptcy cases.

EJC and Bayard made the disclosure pursuant to Rule 2019 of the
Federal Rules of Bankruptcy Procedure.

Bayard can be reached at:

         Evan T. Miller (No. 5364)
         222 Delaware Avenue Suite 900
         P.O. Box 25130
         Wilmington, Delaware 19899
         Telephone: (302) 429-4227
         Facsimile: (302) 658-6395
         E-mail: EMiller@bayardlaw.com

EJC can be reached at:

         Christopher J. Willett, Esq.
         510 S. Congress Ave., Ste. 206
         Austin, TX 78704
         Telephone: (512) 474-0007
         Facsimile: (512) 474-0008
         E-mail: cwillett@equaljusticecenter.org

                    About Signal International

Signal International Inc. -- http://www.signalint.com/-- primarily
engages in the business of offshore drilling rig overhaul, repair,
upgrade, and conversion, as well as new shipbuilding construction.
Additionally, Signal provides services to the general marine and
heavy fabrication markets for barges, power plants, and modular
construction.  

Signal International, LLC ("SI LLC"), was organized on Dec. 6,
2002, as a limited liability company after acquiring the assets of
the Offshore Division of Friede Goldman Halter from bankruptcy.  SI
Inc. was incorporated on Oct. 12, 2007, and began operations with
offshore fabrication and repair in Mississippi.  Today, Signal's
corporate headquarters are in Mobile, Alabama, with operations in
Alabama and Mississippi, and a sales office in Texas.

On Oct. 3, 2014, Signal International Texas, L.P., sold
substantially all of its assets to Westport Orange Shipyard, LLC,
in a partially seller-financed transaction for a total purchase
price of $35,900,000.  As part of the transaction, Westport
provided a down payment of $7,000,000 and delivered a promissory
note in the principal amount of $28,900,000 to SI Texas due on or
before Oct. 3, 2019 (the "Texas Note").

On July 12, 2015, SI Inc. and its direct and indirect wholly owned
subsidiaries, including SI LLC, commenced cases under chapter 11 of
title 11 of the United States Code (Bankr. D. Del. Lead Case No.
15-11498).

The Debtors tapped Young Conaway Stargatt & Taylor LLP as
bankruptcy counsel, Hogan Lovells US LLP as general corporate
counsel, GGG Partners, LLC, as financial and restructuring
advisors, and Kurtzman Carson Consultants LLC as claims and
noticing agent.

Signal International Inc. estimated $10 million to $50 million in
assets and $50 million to $100 million in debt.


SIGNAL INT'L: Gets Approval to Borrow $4-Mil. from Pension Funds
----------------------------------------------------------------
Signal International, Inc. got court approval to borrow up to $4
million from Alabama's employee pension funds to support its
operations.

The order, issued by U.S. Bankruptcy Judge Mary Walrath, allowed
the company to get an initial $4 million loan from the Teachers'
Retirement System of Alabama and the Employees' Retirement System
of Alabama until it gets final approval for its proposed $90
million loan.

An earlier ruling issued by the bankruptcy judge only allowed the
company to borrow up to $2.5 million.

Signal International will be in default under its loan agreement
with the pension funds if it fails to get final approval by August
31, according to the court filing.

A copy of the final loan agreement is available for free at
http://is.gd/NhWV9s

                    About Signal International

Signal International Inc. -- http://www.signalint.com/-- primarily
engages in the business of offshore drilling rig overhaul, repair,
upgrade, and conversion, as well as new shipbuilding construction.
Additionally, Signal provides services to the general marine and
heavy fabrication markets for barges, power plants, and modular
construction.  

Signal International, LLC ("SI LLC"), was organized on Dec. 6,
2002, as a limited liability company after acquiring the assets of
the Offshore Division of Friede Goldman Halter from bankruptcy.  SI
Inc. was incorporated on Oct. 12, 2007, and began operations with
offshore fabrication and repair in Mississippi.  Today, Signal's
corporate headquarters are in Mobile, Alabama, with operations in
Alabama and Mississippi, and a sales office in Texas.

On Oct. 3, 2014, Signal International Texas, L.P., sold
substantially all of its assets to Westport Orange Shipyard, LLC,
in a partially seller-financed transaction for a total purchase
price of $35,900,000.  As part of the transaction, Westport
provided a down payment of $7,000,000 and delivered a promissory
note in the principal amount of $28,900,000 to SI Texas due on or
before Oct. 3, 2019 (the "Texas Note").

On July 12, 2015, SI Inc. and its direct and indirect wholly owned
subsidiaries, including SI LLC, commenced cases under chapter 11 of
title 11 of the United States Code (Bankr. D. Del. Lead Case No.
15-11498).

The Debtors tapped Young Conaway Stargatt & Taylor LLP as
bankruptcy counsel, Hogan Lovells US LLP as general corporate
counsel, GGG Partners, LLC, as financial and restructuring
advisors, and Kurtzman Carson Consultants LLC as claims and
noticing agent.

Signal International Inc. estimated $10 million to $50 million in
assets and $50 million to $100 million in debt.


SIGNAL INT'L: Latham, Bayard File Rule 2019 Statement
-----------------------------------------------------
The law firms of Latham & Watkins LLP and Bayard P.A. disclosed in
a court filing that they represent a group of claimants in the
Chapter 11 cases of Signal International Inc. and its affiliated
debtors.

The claimants in May 2014 filed a lawsuit styled Achari v. Signal
International, L.L.C. over an alleged scheme to traffic them into
the United States to provide labor for the companies, according to
the filing.

Latham has represented the claimants in connection with the lawsuit
since 2012.  Meanwhile, Bayard agreed to serve as local counsel for
the claimants in the bankruptcy cases on or about July 7 this
year.

The law firms made the disclosure pursuant to Rule 2019 of the
Federal Rules of Bankruptcy Procedure.

Bayard can be reached at:

        Evan T. Miller, Esq.
        222 Delaware Avenue Suite 900
        P.O. Box 25130
        Wilmington, Delaware 19899
        Telephone: (302) 429-4227
        Facsimile: (302) 658-6395
        E-mail: EMiller@bayardlaw.com

Latham can be reached at:

        Mark Broude, Esq.
        Christopher Harris, Esq.
        Daniel Adams, Esq.
        David McElhoe, Esq.
        885 Third Avenue
        New York, NY, 10022
        Telephone: (212) 906-1200
        Facsimile: (212) 751-4864
        E-mail: mark.broude@lw.com
                christopher.harris@lw.com
                daniel.adams@lw.com
                david.mcelhoe@lw.com

                    About Signal International

Signal International Inc. -- http://www.signalint.com/-- primarily
engages in the business of offshore drilling rig overhaul, repair,
upgrade, and conversion, as well as new shipbuilding construction.
Additionally, Signal provides services to the general marine and
heavy fabrication markets for barges, power plants, and modular
construction.  

Signal International, LLC ("SI LLC"), was organized on Dec. 6,
2002, as a limited liability company after acquiring the assets of
the Offshore Division of Friede Goldman Halter from bankruptcy.  SI
Inc. was incorporated on Oct. 12, 2007, and began operations with
offshore fabrication and repair in Mississippi.  Today, Signal's
corporate headquarters are in Mobile, Alabama, with operations in
Alabama and Mississippi, and a sales office in Texas.

On Oct. 3, 2014, Signal International Texas, L.P., sold
substantially all of its assets to Westport Orange Shipyard, LLC,
in a partially seller-financed transaction for a total purchase
price of $35,900,000.  As part of the transaction, Westport
provided a down payment of $7,000,000 and delivered a promissory
note in the principal amount of $28,900,000 to SI Texas due on or
before Oct. 3, 2019 (the "Texas Note").

On July 12, 2015, SI Inc. and its direct and indirect wholly owned
subsidiaries, including SI LLC, commenced cases under chapter 11 of
title 11 of the United States Code (Bankr. D. Del. Lead Case No.
15-11498).

The Debtors tapped Young Conaway Stargatt & Taylor LLP as
bankruptcy counsel, Hogan Lovells US LLP as general corporate
counsel, GGG Partners, LLC, as financial and restructuring
advisors, and Kurtzman Carson Consultants LLC as claims and
noticing agent.

Signal International Inc. estimated $10 million to $50 million in
assets and $50 million to $100 million in debt.


SIGNAL INT'L: Manatt, Bayard File Rule 2019 Statement
-----------------------------------------------------
Manatt, Phelps & Phillips, LLP and Bayard P.A. disclosed that they
represent a group of claimants in the Chapter 11 cases of Signal
International Inc. and its affiliated debtors.

The group in October 2013 sued Signal International and its two
affiliates over an alleged scheme to traffic the claimants into the
United States to provide labor for the companies, according to the
filing.  The lawsuit is styled Devassy v. Signal International,
L.L.C.

Beginning in early 2013, Manatt has represented the claimants in
connection with the lawsuit.  Meanwhile, Bayard agreed to serve as
local counsel for the group in Signal International's bankruptcy
cases on or about July 8 this year.

The law firms made the disclosure pursuant to Rule 2019 of the
Federal Rules of Bankruptcy Procedure.

Bayard can be reached at:

        Evan T. Miller (No. 5364)
        222 Delaware Avenue Suite 900
        P.O. Box 25130
        Wilmington, Delaware 19899
        Telephone: (302) 429-4227
        Facsimile: (302) 658-6395
        E-mail: EMiller@bayardlaw.com

Manatt can be reached at:

        Stephen Raptis, Esq.
        Manatt, Phelps & Phillips, LLP
        1050 Connecticut Avenue, N.W., Suite 600
        Washington, D.C. 20036
        Telephone: (202) 585-6500
        Facsimile: (202) 585-6600
        E-mail: SRaptis@manatt.com

              - and -

        Anthony Staltari, Esq.
        Andrew C. Case, Esq.
        Manatt, Phelps & Phillips, LLP
        7 Times Square
        New York, New York 10036
        Telephone: (212) 790-4500
        Facsimile: (212) 790-4545
        E-mail: astaltari@Manatt.com
                ACase@Manatt.com

                    About Signal International

Signal International Inc. -- http://www.signalint.com/-- primarily
engages in the business of offshore drilling rig overhaul, repair,
upgrade, and conversion, as well as new shipbuilding construction.
Additionally, Signal provides services to the general marine and
heavy fabrication markets for barges, power plants, and modular
construction.  

Signal International, LLC ("SI LLC"), was organized on Dec. 6,
2002, as a limited liability company after acquiring the assets of
the Offshore Division of Friede Goldman Halter from bankruptcy.  SI
Inc. was incorporated on Oct. 12, 2007, and began operations with
offshore fabrication and repair in Mississippi.  Today, Signal's
corporate headquarters are in Mobile, Alabama, with operations in
Alabama and Mississippi, and a sales office in Texas.

On Oct. 3, 2014, Signal International Texas, L.P., sold
substantially all of its assets to Westport Orange Shipyard, LLC,
in a partially seller-financed transaction for a total purchase
price of $35,900,000.  As part of the transaction, Westport
provided a down payment of $7,000,000 and delivered a promissory
note in the principal amount of $28,900,000 to SI Texas due on or
before Oct. 3, 2019 (the "Texas Note").

On July 12, 2015, SI Inc. and its direct and indirect wholly owned
subsidiaries, including SI LLC, commenced cases under chapter 11 of
title 11 of the United States Code (Bankr. D. Del. Lead Case No.
15-11498).

The Debtors tapped Young Conaway Stargatt & Taylor LLP as
bankruptcy counsel, Hogan Lovells US LLP as general corporate
counsel, GGG Partners, LLC, as financial and restructuring
advisors, and Kurtzman Carson Consultants LLC as claims and
noticing agent.

Signal International Inc. estimated $10 million to $50 million in
assets and $50 million to $100 million in debt.


SIGNAL INT'L: Wants Authority to Assume Plan Support Agreement
--------------------------------------------------------------
Signal International, Inc., et al., seek authority from the United
States Bankruptcy Court for the District of Delaware to assume a
plan support agreement they entered into with certain of their
creditors and potential creditors.

The Debtors tell the Court that the PSA enjoys broad support from
their major creditor constituencies.  According to the Debtors, the
PSA provides a well-defined path towards approval of a disclosure
statement, solicitation of a Chapter 11 plan, the sale of their
assets, and confirmation of a Chapter 11 plan.  The twin goals of
the PSA are to (i) effectuate a sale of substantially all of the
Debtors' assets to the highest and/or otherwise best bidder to
permit the business to continue as a going concern, and (ii)
consummate a Chapter 11 plan that provides for a meaningful
distribution to the Debtors' unsecured creditors.

The Debtors relate that they entered into the PSA after vigorous
negotiations and a robust process that included input and direction
from their experienced restructuring professionals.  The Debtors
believe that the restructuring contemplated by the PSA is the best
possible outcome under the circumstances.  Importantly, however,
the PSA provides that, subject to providing a Fiduciary Out Notice
to the Supporting Parties, the Debtors may take any action, or to
refrain from taking any action, to the extent that taking that
action or refraining from taking that action would be inconsistent
with their fiduciary obligations under applicable law, the Debtors
tell the Court.

Signal International Inc., et al. are represented by:

          M. Blake Cleary, Esq.
          Kenneth J. Enos, Esq.
          Jaime Luton Chapman, Esq.
          Travis G. Buchanan, Esq.
          YOUNG CONAWAY STARGATT & TAYLOR, LLP
          Rodney Square
          1000 North King Street
          Wilmington, DE 19801
          Tel: (302) 571-6600
          Fax: (302) 571-1253
          Email: mbcleary@ycst.com
                 kenos@ycst.com
                 jchapman@ycst.com
                 tbuchanan@ycst.com

                     About Signal International

Signal International Inc. -- http://www.signalint.com/-- primarily
engages in the business of offshore drilling rig overhaul, repair,
upgrade, and conversion, as well as new shipbuilding construction.
Additionally, Signal provides services to the general marine and
heavy fabrication markets for barges, power plants, and modular
construction.  

Signal International, LLC ("SI LLC"), was organized on Dec. 6,
2002, as a limited liability company after acquiring the assets of
the Offshore Division of Friede Goldman Halter from bankruptcy.  SI
Inc. was incorporated on Oct. 12, 2007, and began operations with
offshore fabrication and repair in Mississippi.  

Today, Signal's corporate headquarters are in Mobile, Alabama, with
operations in Alabama and Mississippi, and a sales office in
Texas.

On Oct. 3, 2014, Signal International Texas, L.P., sold
substantially all of its assets to Westport Orange Shipyard, LLC,
in a partially seller-financed transaction for a total purchase
price of $35,900,000.  As part of the transaction, Westport
provided a down payment of $7,000,000 and delivered a promissory
note in the principal amount of $28,900,000 to SI Texas due on or
before Oct. 3, 2019 (the "Texas Note").

On July 12, 2015, SI Inc. and its direct and indirect wholly owned
subsidiaries, including SI LLC, commenced cases under chapter 11 of
title 11 of the United States Code (Bankr. D. Del. Lead Case No.
15-11498).

The Debtors tapped Young Conaway Stargatt & Taylor LLP as
bankruptcy counsel, Hogan Lovells US LLP as general corporate
counsel, GGG Partners, LLC, as financial and restructuring
advisors, and Kurtzman Carson Consultants LLC as claims and
noticing agent.

Signal International Inc. estimated $10 million to $50 million in
assets and $50 million to $100 million in debt.


SKYMALL LLC: Obtains Court Confirmation of Liquidation Plan
-----------------------------------------------------------
Tom Corrigan, writing for Dow Jones' Daily Bankruptcy Review,
reported that SkyMall LLC, which sold quirky products through its
in-flight catalogs for 25 years before filing for bankruptcy in
January, won final court approval of its plan to repay creditors,
exit chapter 11 and ultimately dissolve.

According to the report, following a hearing on Aug. 21, Judge
Brenda Martin of the U.S. Bankruptcy Court in Phoenix said she
would approve the company's liquidation plan, after an objection
from a government watchdog delayed her decision by several weeks.

As previously reported by The Troubled Company Reporter, Judge
Martin, in June, authorized SkyMall LLC to begin soliciting votes
on its plan to liquidate its assets and to distribute the proceeds
to creditors.  The Bankruptcy Court approved on March 27, 2015, the
$1.9 million sale of SkyMall LLC to C&A Marketing Inc., which,
along with $1 million in cash, issued a promissory note for
$900,000.

                        About SkyMall LLC

Headquartered in Phoenix, Arizona, SkyMall, LLC, is the company
behind the ubiquitous in-flight catalogs known for kitschy items
that include Bigfoot Garden Yeti statues, night glow toilet seats
and cat litter robots.

Affiliates SkyMall, LLC, fka SkyMall, Inc. (Bankr. D. Ariz. Case
No. 15-00679), Xhibit Corp., fka NB Manufacturing, Inc. (Bankr. D.
Ariz. Case No. 15-00680), Xhibit Interactive, LLC, fka Xhibit, LLC
(Bankr. D. Ariz. Case No. 15-00682), FlyReply Corp. (Bankr. D.
Ariz. Case No. 15-00684), SHC Parent Corp. (Bankr. D. Ariz. Case
No. 15-00685), SpyFire Interactive, LLC (Bankr. D. Ariz. Case No.
15-00686), Stacked Digital, LLC (Bankr. D. Ariz. Case No.
15-00687), and SkyMall Interests, LLC (Bankr. D. Ariz. Case No.
15-00688) filed separate Chapter 11 bankruptcy petitions on Jan.
22, 2014.  The petitions were signed by Scott Wiley, authorized
signatory.

Judge Brenda K. Martin presides over SkyMall, LLC's case, while
Judge Madeleine C. Wanslee presides over Xhibit Corp.'s and SHC
Parent Corp.'s cases.

John A. Harris, Esq., at Quarles & Brady LLP serves as the
Debtors' bankruptcy counsel.

Cohnreznick Capital Market Securities, LLC, is the Debtors'
financial advisor.

SkyMall, LLC, estimated its assets at between $1 million and $10
million, and its liabilities at between $10 million and $50
million.  Xhibit Corp. estimates its assets and liabilities at
between $100,000 and $500,000 each.  Xhibit Interactive, LLC,
estimates its assets and liabilities at up to $50,000 each.  SHC
Parent Corp. estimates its assets and liabilities at up to $50,000
each.


STEARNS HOLDINGS: S&P Puts 'B+' Issuer Credit Rating on Watch Neg
-----------------------------------------------------------------
Standard & Poor's Ratings Services said it placed its 'B+' issuer
credit and senior secured debt ratings on Stearns Holdings LLC on
CreditWatch with negative implications.

The CreditWatch placements follow the announcement that Stearns
reached an agreement with Blackstone Group L.P. to sell 70% of the
company to the financial sponsor.  "We view Stearns’ plan to be
controlled by a financial sponsor as a negative rating factor,"
said Standard & Poor's credit analyst Stephen Lynch.  S&P's
pessimistic view is based on the intrinsic characteristics and
aggressive nature of a financial sponsor's strategies, which
generally include short-term holding periods and the use of debt to
maximize shareholder returns.  Although Stearns' current indentures
limit additional indebtedness to a degree, S&P believes that, over
time, Blackstone could refinance the debt and increase the firm's
leverage.

The CreditWatch negative reflects the possibility that S&P could
lower its issuer credit and senior secured ratings on Stearns by up
to one notch once the transaction closes.  Since Stearns is now
planning to be controlled by Blackstone, S&P believes the company
could pursue a more aggressive financial posture than what the
current leverage might indicate.

At the same time, S&P will also assess Stearns' recent earnings,
which have generally exceeded S&P's expectations and lowered the
company's leverage over the past year.  S&P could therefore leave
the rating unchanged if it believes the current 'B+' rating fairly
reflects the firm's creditworthiness relative to similarly rated
peers.

S&P will look to resolve its CreditWatch listings following the
close of the acquisition, which S&P expects will occur by December
2015.



TECHNOLOGY GROUP: "Jegen" Suit Remanded to Bankruptcy Court
-----------------------------------------------------------
Judge Richard G. Andrews of the United States District Court for
the District of Delaware, in a memorandum order dated Aug. 3, 2015,
remanded to the bankruptcy court the class action lawsuit captioned
Leo Jegen, Vincent M. Monnier, Shih Leng Tan, and Len C. Villacres,
Appellants, v. Liquidation Trustee of the ZCO Trust, Appellee,
CIVIL ACTION NO. 14-1448-RGA (D. Del.), with instructions to vacate
the November 10, 2014 Order, and dismiss the Trustee's Motion to
Enforce the Stay.

The bankruptcy case is In re: ZCO Liquidating Corporation (f/k/a/
Technology Group, Inc.), BANKRUPTCY CASE NO. 13-13126-LSS (D.
Del.).

A full-text copy of Judge Andrews' Decision is available at
http://is.gd/WfW0rkfrom Leagle.com.

Leo Jegen, Appellant, represented by Brian E. Farnan, Esq. --
bfarnan@farnanlaw.com -- Farnan LLP, Nicholas I. Porritt, Esq., &
Rosemary Jean Piergiovanni, Esq. -- rpiergiovanni@farnanlaw.com --
Farnan LLP.

Vincent M. Monnier, Appellant, represented by Brian E. Farnan,
Farnan LLP & Rosemary Jean Piergiovanni, Farnan LLP.

Shih Leng Tan, Appellant, represented by Brian E. Farnan, Farnan
LLP & Rosemary Jean Piergiovanni, Farnan LLP.

Len C. Villacres, Appellant, represented by Brian E. Farnan, Farnan
LLP & Rosemary Jean Piergiovanni, Farnan LLP.

Liquidation Trustee of the ZCO Trust, Appellee, represented by
Dennis Anthony Meloro, Esq. -- melorod@gtlaw.com -- Greenberg
Traurig, LLP.


TERVITA CORP: Bank Debt Trades at 11% Off
-----------------------------------------
Participations in a syndicated loan under which Tervita Corp is a
borrower traded in the secondary market at 88.60
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents a decrease of 0.90 percentage points from
the previous week, The Journal relates.  Tervita Corp pays 500
basis points above LIBOR to borrow under the facility.  The bank
loan matures on January 24, 2018. Moody's rates the loan 'B3' and
Standard & Poor's gave a 'B-' rating to the loan.  The loan is one
of the biggest gainers and losers among 259 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, August 7.


THORNTON & CO: Section 341 Meeting Scheduled for Sept. 4
--------------------------------------------------------
A meeting of creditors in the bankruptcy case of Thornton & Co.,
Inc. has been set for Sept. 4, 2015, at 11:00 a.m. at Office of the
UST.  Creditors have until Dec. 3, 2015, to file their proofs of
claim.

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

All creditors are invited, but not required, to attend.  This
meeting of creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

                        About Thornton & Co.

Thornton & Co., Inc. is an international distributor, trader and
wholesaler of plastic resins, providing a full offering of
polyethylene and polypropylene products.  J. Paul Thornton, Jr.
founded TCI in 1994.  As of Aug. 1, 2015, TCI had 20 employees,
consisting of 12 people at its Southington, Connecticut
headquarters, and 8 sales representatives who work in various
locations.

Thornton & Co. sought Chapter 11 protection (Bankr. D. Conn. Case
No. 15-21416) on Aug. 10, 2015, in Hartford, Connecticut.  Judge
Ann M. Nevins presides over the case.

The Debtor estimated $10 million to $50 million in assets and
debt.

The Debtor has tapped Green & Sklarz LLC as counsel, and Gordian
Group as financial advisor.


TN-K ENERGY: Incurs $77,000 Net Loss in March 31 Quarter
--------------------------------------------------------
TN-K Energy Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $77,329 on $117,575 of total revenue for the three months ended
March 31, 2015, compared to a net loss of $98,852 on $12,886 of
total revenue for the same period during the prior year.

As of March 31, 2015, the Company had $1.8 million in total assets,
$3.9 million in total liabilities and a total stockholders' deficit
of $2.1 million.

At March 31, 2015, the Company had a working capital deficit of
$3,502,246 as compared to a working capital deficit of $3,433,981
at Dec. 31, 2014.

"We do not have any external sources of liquidity.  Our working
capital is not sufficient to fund our operations and pay our
obligations, many of which are past due, and may impede our ability
to further grow our company.  Although we need to raise additional
working capital, we do not have any commitments for capital from
third parties.  Given the small size of our company, the quotation
of our stock in the over-the-counter market and the significant
liabilities on our balance sheet, we expect to encounter
significant obstacles in raising equity or debit capital.  If we
are unable to access capital as needed, our ability to grow our
company is in jeopardy and absent a significant increase in our
revenues we may be unable to continue as a going concern," the
Company states in the regulatory filing.

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

                       http://is.gd/VqdJNk

                        About TN-K Energy

Crossville, Tenn.-based TN-K Energy Group, Inc., an independent
oil exploration and production company, engaged in acquiring oil
leases and exploring and developing crude oil reserves and
production in the Appalachian basin.

TN-K Energy reported a net loss of $674,000 on $196,000 of total
revenue for the year ended Dec. 31, 2014, compared with a net loss
of $184,000 on $585,000 of total revenue for the year ended Dec.
31, 2013.

Liggett, Vogt & Webb, P.A., in New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company has incurred recurring
operating losses and will have to obtain additional financing to
sustain operations.  These conditions raise substantial doubt about
the Company's ability to continue as a going concern.


TRANS-LUX CORP: Amends Preliminary Prospectus with SEC
------------------------------------------------------
Trans-Lux Corporation filed an amended Form S-1 registration
statement with the Securities and Exchange Commission relating to
the distribution, at no charge, to holders of the Company's common
stock non-transferable subscription rights to purchase up to [*]
shares of its Series B Convertible Preferred Stock, at a
subscription price of $[*] per share.  The Company amended the
registration statement to delay its effective date.

The Series B Preferred carries a 5.0% cumulative annual dividend on
the Stated Value of $[*] per share and will be convertible into
shares of the Company's common stock at an initial conversion price
of $[*] per share, representing a conversion ratio of
[approximately] [*] shares of common stock for each share of Series
B Preferred held at the time of conversion, subject to adjustment.

The subscription rights will expire if they are not exercised
before 5:00 p.m., Eastern Time, on [*], 2015, the expiration date
for the rights offering, unless the Company extends the rights
offering period.

The closing price of the Company's common stock on Aug. 17, 2015,
was $3.04.  The Company's common stock is quoted on the OTC Pink
under the symbol "TNLX."  The subscription rights issued in the
rights offering will not be listed for trading on any stock
exchange or market.

A full-text copy of the Form S-1/A is available for free at:

                       http://is.gd/DXvqH1

                  About Trans-Lux Corporation

Norwalk, Conn.-based Trans-Lux Corporation (NYSE Amex: TLX) is a
designer and manufacturer of digital signage display solutions for
the financial, sports and entertainment, gaming and leasing
markets.

Trans-Lux Corporation incurred a net loss of $4.62 million on $24.4
million of total revenues for the year ended Dec. 31, 2014,
compared with a net loss of $1.86 million on $20.9 million of total
revenues for the year ended Dec. 31, 2013.

As of June 30, 2015, the Company had $15 million in total assets,
$18.3 million in total liabilities and a $3.2 million total
stockholders' deficit.

BDO USA, LLP, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2014,
citing that the Company has suffered recurring losses from
operations and has a significant working capital deficiency that
raise substantial doubt about its ability to continue as a going
concern.  Further, the auditors said, the Company is in default of
the indenture agreements governing its outstanding 9 1/2%
Subordinated debentures which were due in 2012 and its 8 1/4%
Limited convertible senior subordinated notes which were due in
2012 so that the trustees or holders of 25% of the outstanding
Debentures and Notes have the right to demand payment immediately.
Additionally, the Company has a significant amount due to their
pension plan over the next 12 months.


TRANSGENOMIC INC: Files Amendment 2 to 2014 Annual Report
---------------------------------------------------------
Transgenomic, Inc., filed a second amendment to its annual report
on Form 10-K for the fiscal year ended Dec. 31, 2014, for the
purpose of updating the biographical information for Paul Kinnon.

Mr. Kinnon, age 51, has served as the Company's president and chief
executive officer and a director since September 2013 and as the
Company's interim chief financial officer since October 2014. Mr.
Kinnon has more than 20 years of global leadership experience in
innovative life science and diagnostics companies.  From January
through August 2013, he provided consulting services to the life
science sector as a Partner at Arch Global Research. During a
portion of this time, Mr. Kinnon provided consulting services to
the Company.

From January 2007 to December 2012, Mr. Kinnon was president, chief
executive officer and a director of ZyGEM Corporation Limited, a
biotechnology company, where he transformed the company from a
regional enzyme provider into a leader in integrated microfluidic
technologies for forensic and clinical diagnostic applications.
From May 2006 to June 2007, Mr. Kinnon was vice president & general
manager Environmental Diagnostics (later expanded to Applied
Markets) at Invitrogen Corporation (now Life Technologies), a high
growth life sciences and diagnostics firm, and from October 2004
until April 2006, he was vice president, Global Strategic Alliances
at Invitrogen.  Previously, Mr. Kinnon also held business, sales
and marketing roles of increasing responsibility at Guava
Technologies, Inc., Cellomics, Inc. and other life science
companies.  Mr. Kinnon earned his Bachelor of Sciences degree in
Applied Chemistry at Coventry University in the United Kingdom and
holds a Diploma of Marketing.  A petition in bankruptcy was filed
against ZyGEM Corporation Limited in April 2013.

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

                        http://is.gd/7JTFVO

                          About Transgenomic

Transgenomic, Inc. -- http://www.transgenomic.com/-- is a global
biotechnology company advancing personalized medicine in
cardiology, oncology, and inherited diseases through its
proprietary molecular technologies and world-class clinical and
research services.  The Company is a global leader in cardiac
genetic testing with a family of innovative products, including
its C-GAAP test, designed to detect gene mutations which indicate
cardiac disorders, or which can lead to serious adverse events.
Transgenomic has three complementary business divisions:
Transgenomic Clinical Laboratories, which specializes in molecular
diagnostics for cardiology, oncology, neurology, and mitochondrial
disorders; Transgenomic Pharmacogenomic Services, a contract
research laboratory that specializes in supporting all phases of
pre-clinical and clinical trials for oncology drugs in
development; and Transgenomic Diagnostic Tools, which produces
equipment, reagents, and other consumables that empower clinical
and research applications in molecular testing and cytogenetics.
Transgenomic believes there is significant opportunity for
continued growth across all three businesses by leveraging their
synergistic capabilities, technologies, and expertise.  The
Company actively develops and acquires new technology and other
intellectual property that strengthens its leadership in
personalized medicine.

Transgenomic reported a net loss available to common stockholders
of $15.1 million in 2014, a net loss available to common
stockholders of $16.7 million in 2013 and a net loss available to
common stockholders of $8.98 million in 2012.

As of June 30, 2015, the Company had $31.4 million in total assets,
$20.5 million in total liabilities and $10.9 million in
stockholders' equity.

Ernst & Young LLP, in Hartford, Connecticut, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2014, citing that the Company has recurring
losses from operations that raise substantial doubt about its
ability to continue as a going concern.


TRONOX INC: Bank Debt Trades at 4% Off
--------------------------------------
Participations in a syndicated loan under which Tronox Inc is a
borrower traded in the secondary market at 95.77
cents-on-the-dollar during the week ended Friday, August 7, 2015,
according to data compiled by LSTA/Thomson Reuters MTM Pricing and
reported in the August 11, 2015, edition of The Wall Street
Journal. This represents a decrease of 0.80 percentage points from
the previous week, The Journal relates.  Tronox Inc. pays 300 basis
points above LIBOR to borrow under the facility.  The bank loan
matures on March 15, 2020. Moody's rates the loan 'Ba3' and
Standard & Poor's gave a 'BBB-' rating to the loan.  The loan is
one of the biggest gainers and losers among 259 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, August 7.


VERSO PAPER: Extends Exchange Offers Expiration Date
----------------------------------------------------
Verso Paper Holdings LLC and Verso Paper Inc., wholly owned
subsidiaries of Verso Corporation, announced that they have
extended the expiration date for their exchange offers from 5:00
p.m., New York City time, on Thursday, Aug. 20, 2015, to 5:00 p.m.,
New York City time, on Tuesday, Aug. 25, 2015, unless further
extended.  All other terms, provisions and conditions of the
exchange offers will remain in full force and effect.

On July 22, 2015, the Issuers commenced their offers to exchange up
to $180,767,777 aggregate principal amount of their Second Priority
Adjustable Senior Secured Notes and related guarantees registered
under the Securities Act of 1933 for any and all of the outstanding
like principal amount of their Second Priority Adjustable Senior
Secured Notes and related guarantees, and $65,026,237 aggregate
principal amount of their Adjustable Senior Subordinated Notes and
related guarantees registered under the Securities Act for any and
all of the outstanding like principal amount of their Adjustable
Senior Subordinated Notes and related guarantees.

As of 5:00 p.m., New York City time, on Aug. 20, 2015, Wilmington
Trust, National Association, the exchange agent for the exchange
offers, has advised that $180,691,241 aggregate principal amount of
the outstanding Original Second Priority Notes had been tendered
for exchange, representing approximately 99.96% of those
outstanding notes, and that $64,924,687 aggregate principal amount
of the outstanding Original Subordinated Notes had been tendered
for exchange, representing approximately 99.84% of those
outstanding notes.

On July 21, 2015, the Securities and Exchange Commission declared
the Form S-4 registration statement filed by the Issuers regarding
the exchange offers effective under the Securities Act.  The
expiration date for the exchange offers is being extended to
provide time for the remaining outstanding Original Second Priority
Notes and Original Subordinated Notes to be exchanged.

                            About Verso

Verso is a North American producer of coated papers, including
coated groundwood and coated freesheet, and specialty products.
Verso is headquartered in Memphis, Tennessee, and owns three paper
mills located in Maine and Michigan.  Verso's paper products are
used primarily in media and marketing applications, including
magazines, catalogs and commercial printing applications such as
high-end advertising brochures, annual reports and direct-mail
advertising.  Additional information about Verso is available on
its Web site at http://www.versopaper.com/

Verso Paper reported a net loss of $356 million on $1.29 billion of
net sales for the year ended Dec. 31, 2014, compared with a net
loss of $111 million on $1.38 billion of net sales in 2013.

                            *    *    *

As reported by the TCR on July 3, 2015, Standard & Poor's Ratings
Services said it raised its corporate credit rating on Verso Paper
Holdings LLC and its parent Verso Paper Finance Holdings LLC to
'B-' from 'SD'.

The TCR reported on Jan. 16, 2015, that Moody's Investors Service
upgraded Verso Paper Holdings LLC's corporate family rating (CFR)
to B3 from Caa3 and changed the probability of default rating (PDR)
to B3-PD/LD from Caa3-PD.  Verso's B3 CFR primarily reflects
Moody's expectation that initial proforma leverage of about 9 times
can be brought down to mid-6 times through synergy cost savings and
cost improvements following the acquisition of NewPage, despite a
continuing structural decline in demand for coated paper.


VERSO PAPER: Facility Closure to Strain Liquidity, Moody's Says
---------------------------------------------------------------
Moody's Investors Service says Verso Paper Holdings LLC's (B3,
stable) announcement that it will shut down a pulp dryer and coated
paper machine and indefinitely idle a paper mill will further
strain the company's already weak liquidity position and adds
further uncertainty in the company's ability to achieve its synergy
target.  However, the optimization of the remaining capacity at the
company's Androscoggin mill in Maine should led to a reduction in
costs with the elimination of fixed charges and high cost peak
power consumption.


VERTICAL COMPUTER: Posts $961,000 Net Loss for Second Quarter
-------------------------------------------------------------
Vertical Computer Systems, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss available to common stockholders of $961,064 on $1.15
million of total revenues for the three months ended June 30, 2015,
compared to a net loss available to common stockholders of $187,265
on $2.94 million of total revenues for the same period during the
prior year.

For the six months ended June 30, 2015, the Company reported a net
loss available to common stockholders of $1.78 million on $2.21
million of total revenues compared to a net loss available to
common stockholders of $737,522 on $5.04 million of total revenues
for the same period in 2014.

As of June 30, 2015, the Company had $1.1 million in total assets,
$18.4 million in total liabilities, $9.9 million in convertible
cumulative preferred stock, and total stockholders' deficit of
$27.2 million.

At June 30, 2015, the Company had non-restricted cash-on-hand of
$18,891 compared to $117,866 at Dec. 31, 2014.

Net cash used in operating activities for the six months ended June
30, 2015, was $89,857 compared to net cash used in operating
activities of $31,963 for the six months ended June 30, 2014.

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

                       http://is.gd/HmTjII

                       About Vertical Computer

Richardson, Tex.-based Vertical Computer Systems, Inc., is a
multinational provider of Internet core technologies, application
software, and software services through its distribution network
with operations or sales in the United States, Canada and Brazil.

Vertical Computer reported a net loss applicable to common
stockholders of $2.07 million on $7.43 million of total revenues
for the year ended Dec. 31, 2014, compared to a net loss applicable
to common stockholders of $3.08 million on $6.05 million of total
revenues for the year ended Dec. 31, 2013.

MaloneBailey, LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company suffered net losses
and has a working capital deficiency, which raises substantial
doubt about its ability to continue as a going concern.


VIRTUAL PIGGY: Issues $100,100 Promissory Note
----------------------------------------------
Virtual Piggy, Inc. issued a $100,100 principal amount unsecured
promissory note to an accredited investor pursuant to a Promissory
Note Agreement.  The Investor also received a two-year Warrant to
purchase 20,000 shares of Company common stock at an exercise price
of $0.90 per share.

The Note bears interest at a rate of ten percent 10% per annum and
matures on the six month anniversary of the issuance date, or on
such earlier date that (i) the Company completes the closing of a
specified joint venture agreement or (ii) the Company completes the
sale of at least an additional $1 million of 10% Secured
Convertible Promissory Notes.  As an additional inducement, the
Investor will receive, on the Maturity Date, a commitment fee equal
to 7.5% of the original principal amount.

                 About Oink (Virtual Piggy, Inc.)

Virtual Piggy is the provider of Oink, a secure online and in-store
teen wallet.  Oink enables teens to manage and spend money within
parental controls, while gaining valuable financial management
skills.  The technology company also delivers payment platforms
designed for the Under 21 age group in the global market, and
enables online businesses the ability to function in a  manner
consistent with the Children's Online Privacy Protection Act and
similar international children's privacy laws.  The company, based
in Hermosa Beach, CA, is on the Web at: http://www.oink.com/and
holds three technology patents, US Patent No. 8,762,230, 8,650,621
and 8,812,395.

Virtual Piggy reported a net loss of $9.65 million in 2014, a net
loss of $16 million in 2013 and a net loss of $12.03 million in
2012.

As of June 30, 2015, the Company had $1.6 million in total assets,
$5.2 million in total liabilities, all current, and a stockholders'
deficit of $3.5 million.

Morison Cogen LLP, in Bala Cynwyd, PA, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2014, citing that the Company's losses from
development stage activities raise substantial doubt about its
ability to continue as a going concern.


VISANT HOLDING: S&P Revises Outlook to Neg. & Affirms 'B' CCR
-------------------------------------------------------------
Standard & Poor's Ratings Services said that it revised its rating
outlook on Armonk, N.Y.-based Visant Holding Corp. to negative from
stable and affirmed the 'B' corporate credit rating on the company.


At the same time, S&P raised its issue-level rating on the
company's 10% senior unsecured notes due 2017 to 'B-' from 'CCC+'
and revised the recovery rating to '5' from '6'.  The '5' recovery
rating indicates S&P's expectation for modest recovery (10%-30%;
lower half of the range) of principal in the event of a payment
default.  S&P also affirmed its 'BB-' issue-level rating and '1'
recovery rating on the company's senior secured credit facility.
The '1' recovery rating indicates S&P's expectation for very high
recovery (90%-100%) of principal in the event of payment default.

"The outlook revision reflects the risk that Visant may experience
difficulty refinancing its debts that are due in 2017 if it does
not have a credible plan to address those maturities by the second
quarter of 2016," said Standard & Poor's credit analyst Thomas
Hartman.  "The company's $775 million term loan matures in 2021,
but there is a July 2, 2017, springing maturity if more than $250
million of the company's existing $737 million senior secured notes
remain outstanding on that date.  In addition, the company's senior
secured notes are due in October 2017."

The 'B' corporate credit rating on Visant reflects S&P's
expectation that the company's core business (which consists of its
Scholastic and Memory Book segments) will generate flat to modest
revenue and EBITDA growth in 2015 and 2016.  S&P assess Visant's
business risk profile as "weak," given the company's good
competitive position, yet narrow product focus in a contracting
market.  S&P views Visant's financial risk profile as "highly
leveraged" because of its weak credit metrics and aggressive
financial policy.

Visant publishes school yearbooks and manufactures and sells school
class rings, as well as other graduation-related merchandise
(collectively known as "school affinity products"). The school
affinity product market has relatively high barriers to entry, and
Visant has a strong competitive position in this niche business.  A
major portion of Visant's revenues and EBITDA are seasonal and
highly dependent on the U.S. academic cycle.  Because of the
discretionary nature of purchases, Visant's operations are
vulnerable to weakness in the economy and gold price volatility.
Elevated gold prices have caused consumers to shift to lower-priced
metals for jewelry and affinity products.  Even with consumer
spending moving to a more solid footing, S&P is not convinced that
yearbooks and class rings have the same relevance to the current
generation of students.  However, S&P believes the company's
strategy to focus on its core business, through winning larger
yearbook accounts, introducing new products to its class ring
market, and divesting noncore business segments could result in
flat to modest revenue and EBITDA growth.

The negative rating outlook reflects S&P's expectation that it will
lower the rating on Visant one notch to 'B-' at the end of 2015 or
in early 2016 if the company does not make meaningful progress
towards addressing its 2017 maturities.  S&P could also lower the
rating if the company's operating performance weakens, causing
EBITDA declines and discretionary cash flow to debt to remain below
2%.  The company's leverage is currently at the high end of S&P's
rating threshold for the 'B' credit rating.

S&P could revise the outlook to stable if Visant addresses its 2017
maturities and if S&P expects leverage to improve to below 7x on a
sustained basis.  A stable outlook would also depend on S&P's
expectation that the company can continue to maintain its EBITDA
base in a declining market, and that discretionary cash flow to
debt is sustainable at greater than 2%.



VISUALANT INC: Issues 22,980 Common Shares
------------------------------------------
Visualant, Incorporated, issued a total of 22,980 shares of common
stock related to the conversion of $64,000 of debt and interest of
$2,560 pursuant to a Securities Purchase Agreement dated Jan. 27,
2015.  The shares were issued at an average of $2.785 per share,
with a low price of $2.50 per share.

The Company previously issued warrants to investors and partners
which contained a provision that would require an adjustment in the
exercise price if the Company issues common stock, warrants or
equity below the price that is reflected in the warrants.  These
warrants included the following:

  1. Series A Warrants to purchase a total of 348,685 shares of
     common stock at an exercise price of $22.50 per share.

  2. Series B Warrants to purchase a total of 348,685 shares of
     common stock at an exercise price of $30.00 per share.

  3. A warrant issued to IDMC to purchase 97,169 shares of common
     stock at an exercise price of $30.00 per share.

  4. Series C Warrants to purchase 23,334 shares of common stock
     at an exercise price of $30.00 per share.

  5. Series D Warrants to purchase 23,334 shares of common stock
     at an exercise price of $45.00 per share.

The conversion shares issued at $2.50 per share adjusted the
exercise price of the warrants detailed above to $2.50 per share.

                        About Visualant Inc.

Seattle, Wash.-based Visualant, Inc., was incorporated under the
laws of the State of Nevada on Oct. 8, 1998.  The Company
develops low-cost, high speed, light-based security and quality
control solutions for use in homeland security, anti-
counterfeiting, forgery/fraud prevention, brand protection and
process control applications.

Visualant reported a net loss of $1 million on $7.98 million of
revenue for the year ended Sept. 30, 2014, compared to a net loss
of $6.60 million on $8.57 million of revenue for the year ended
Sept. 30, 2013.

As of June 30, 2015, the Company had $2.6 million in total assets,
$5.6 million in total liabilities, all current, and a $3 million
total stockholders' deficit.

PMB Helin Donovan, LLP, in Seattle, Washington, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Sept. 30, 2014.  The independent auditors noted that
the Company has sustained a net loss from operations and has an
accumulated deficit since inception.  These factors, according to
the auditors, raise substantial doubt about the Company's ability
to continue as a going concern.


VUZIX CORP: Provides Business Update and Q2 2015 Operating Results
------------------------------------------------------------------
Vuzix Corporation provided an update on its business initiatives
and reported its second quarter financial results for the period
ended June 30, 2015.

Vuzix CEO and President Paul J. Travers said, "We are excited about
the many advances we made during the second quarter of 2015 that
position us for strong growth over time.  The decline in revenue in
the second quarter masks real strides that the Company has made in
driving recurring sales of Vuzix M100 Smart Glasses, which is our
top priority."

Mr. Travers continued, "The composition of our sales mix represents
a significant improvement compared to 2014, when the majority of
M100 sales were non-recurring and made to early adopters and
developers.  By comparison, now we have customers that are placing
larger orders and we expect the majority of these will be recurring
in nature as these customers expand their pilots to actual live-use
programs.  Because of the fixed cost nature of our business, once
sales start to build, we should see a meaningful positive impact on
our gross and operating margins, as well as our cash flow."

For the three months ended June 30, 2015, the Company reported a
net loss before preferred dividends of $2.40 million on $427,812 of
total sales compared to net income before preferred dividends of
$239,110 on $723,258 of total sales for the same period in 2014.

For the six months ended June 30, 2015, the Company reported a net
loss before preferred dividends of $7.49 million on $1.2 million of
total sales compared to net income before preferred dividends of
$1.75 million on $1.52 million of total sales for the same period
during the prior year.

As of June 30, 2015, the Company had $24.3 million in total assets,
$2.96 million in total liabilities and $21.36 million in total
stockholders' equity.

As of June 30, 2015, the Company had cash and short-term marketable
securities totaling of $20,047,989.  The Company had a positive
working capital position of $21,005,450 on June 30, 2015, versus a
negative working capital position of $1,427,139 as of Dec. 31,
2014.  The Company has paid down its accounts payable and is now
investing in inventory and components for the launch of its iWear
Video Headphones this fall.

A full-text copy of the press release is available at:

                       http://is.gd/HmTjII

                     About Vuzix Corporation

Vuzix -- http://www.vuzix.com/-- is a supplier of Video Eyewear
products in the consumer, commercial and entertainment markets.
The Company's products, personal display devices that offer users
a portable high quality viewing experience, provide solutions for
mobility, wearable displays and virtual and augmented reality.
Vuzix holds 33 patents and 15 additional patents pending and
numerous IP licenses in the Video Eyewear field.  Founded in 1997,
Vuzix is a public company with offices in Rochester, NY, Oxford,
UK and Tokyo, Japan.

The net loss for the year 2014 was $7.87 million versus a net loss
of $10.1 million in 2013.


WESCO AIRCRAFT: S&P Lowers Corp Credit Rating to B+, Outlook Stable
-------------------------------------------------------------------
Standard & Poor's Ratings Services said that it has lowered its
corporate credit rating on Wesco Aircraft Holdings Inc. to 'B+'
from 'BB-'.  The outlook is stable.

At the same time, S&P lowered its issue-level rating on Wesco
Aircraft Hardware Corp.'s (a subsidiary of Wesco Aircraft Holdings
Inc.) secured credit facility to 'B+' from 'BB-'.  The '3' recovery
rating on the facility is unchanged, reflecting S&P's expectation
that lenders would receive meaningful recovery (50%-70%; lower half
of the range) in a default scenario.

"Our downgrade of Wesco reflects the company's very tight
compliance with the leverage covenants on its revolving credit
facility and term loan A because of its weak earnings, which have
primarily declined due to increased costs and decreasing organic
revenue," said Standard & Poor's credit analyst Christopher
Denicolo.  S&P expects Wesco's margins to improve as the company
addresses its cost structure, increases its revenue, and repays
some of its debt with excess cash flow; however, this will barely
offset the leverage covenant step-downs over the next 12 months.
S&P now expects the company to post a debt-to-EBITDA metric of
4.5x-5.0x, a funds from operations (FFO)-to-debt ratio of 11%-15%,
and an operating cash flow (OCF)-to-debt ratio of 11%-15% in
fiscal-year 2015 (ending Sept. 30, 2015) before improving somewhat
in 2016.

The stable outlook on Wesco reflects that, although the company's
acquisition of Haas weakened some of its credit metrics, the
strength in the commercial aerospace market, management's cost
reduction efforts, and some debt repayment should cause Wesco's
credit ratios to gradually improve over the next 12 months.  S&P
expects the company to remain in compliance with the covenants on
its revolver and term loan A over the next year, although its
cushion will be very limited.

S&P could lower its rating on Wesco if the company is unable to
reduce its costs and increase it earnings, or if a
lower-than-expected level of debt repayment causes its FFO-to-debt
ratio to fall below 12% or its OCF-to-debt ratio to decline to less
than 10% for a sustained period.  S&P could also lower the rating
if the company violates the covenants on its debt and is unable to
get a waiver from its banks, further reducing its liquidity.

S&P could raise its rating on Wesco if better-than-expected
earnings or debt reduction improves the company's covenant cushion
to at least 15% while its EBITDA margins improve such that its
FFO-to-debt and OCF-to-debt ratios both rise above 15%.



WEST COAST: Wants Authority to Use Cash Until August 31
-------------------------------------------------------
West Coast Growers, Inc., Central Valley Community Bank, and
various growers ask the United States Bankruptcy Court for the
Eastern District of California, Fresno Division, to approve a
stipulation extending the Debtor's cash collateral budget to August
31, 2015.

The stipulation provides that the Debtor's costs of operation, not
including professional fees and costs, claims entitled to priority
under Section 503 (b)(9)claims and quarterly fees owed to the
United States Trustee, do not exceed $0.235/lb. per processed
pound.  The Court prohibited the Debtor from paying George
Salwasser, an insider from the Debtor's payroll, any compensation,
nor provide him with any other employee-related benefits, unless
subsequently approved by the Court.

West Coast Growers, Inc. is represented by:

          Hagop T. Bedoyan, Esq.
          Jacob L. Eaton, Esq.
          Lisa A. Holder, Esq.
          KLEIN, DENATALE, GOLDNER, COOPER,
             ROSENLIEB & KIMBALL, LLP
          5260 N. Palm Avenue, Suite 201
          Fresno, CA 93704
          Tel.: 559 438-4374
          Fax: 559 432-1847
          Email: hbedoyan@kleinlaw.com
                 jeaton@kleinlaw.com
                 lholder@kleinlaw.com

Central Valley Community Bank is represented by:

          Kurt F. Vote, Esq.
          Micaela L. Neal, Esq.
          WANGER JONES HELSLEY PC
          265 E. River Park Circle, Suite 310
          Fresno, CA 93720
          Tel: (559) 233-4800
          Fax: (559) 233-9330
          Email: kvote@wjhattorneys.com
                 mneal@wjhattorneys.com

Various Growers are represented by:

          Riley C. Walter, Esq.
          WALTER & WILHELM LAW GROUP
          The Tower
          205 E. River Park Circle, Suite 410
          Fresno, CA 93720
          Tel: (559) 435-9800
          Fax: (559) 435-9868
          Email: rileywalter@w2lg.com

                    About West Coast Growers

West Coast Growers, Inc., a Kerman, California-based processor and
distributor of California raisins, sought Chapter 11 bankruptcy
protection (Bankr. E.D. Cal. Case No. 15-11079) on March 20, 2015,
in Fresno, California.  The case is assigned to Judge W. Richard
Lee. Related entity Salwasser, Inc. (the 100% shareholder of WCG)
also sought bankruptcy protection on March 20, 2015 (Case No.
15-11080). Charlotte Ellen Salwasser filed a Chapter 11 petition
(Case No. 15-10705) on Feb. 26, 2015.  Ms. Salwasser and husband
George Salwasser are the principals and 50% shareholders of
Salwasser, Inc.  Mr. Salwasser is the president of WCG, and Ms.
Salwasser is the vice president and secretary of WCG.

West Coast Growers disclosed total assets of $10.1 million and
total liabilities of $59.6 million.

Hagop T. Bedoyan, Esq., Jacob L. Eaton, Esq., at Lisa A. Holder,
Esq., at Klein, Denatale, Goldner, Cooper, Rosenlieb & Kimball,
LLP, serve as West Coast Growers' attorneys.  Peter L. Fear, Esq.,
at Fear Law Group, P.C., represents Salwasser as counsel.

The U.S. Trustee for Region 17 appointed two creditors of West
Coast Growers Inc. to serve on the official committee of unsecured
creditors.  The Committee retains Blakeley LLP as its counsel.


WPCS INTERNATIONAL: Completes Sale of Interest in China Operations
------------------------------------------------------------------
WPCS International Incorporated announced that on Aug. 14, 2015, it
closed on the sale of its 60% joint venture and profit interest in
Tai'an AGS Pipeline Construction Co. Ltd., a contractual joint
venture established in accordance with the laws of the People’s
Republic of China, to Canada-based Halcyon Coast Investment Ltd. On
Aug. 5, 2015, the Company had received the requisite approval from
the Tai'an Bureau of Commerce and Industry, which enabled the
parties to finalize the transaction.

According to Interim CEO Sebastian Giordano, "Having recently
completed a $1,575,000 equity financing and secured a $1,000,000
line of credit, the remaining $1,150,000 of net proceeds from this
transaction improves our liquidity even further."

On June 3, 2015, the Company had entered into an agreement with HCI
to sell TAGS in an "as-is", all-cash transaction, for a total
purchase price of $1,500,000 and received a $150,000 refundable
deposit at signing.  Upon closing, the Company received the
remaining cash proceeds of $1,350,000, of which (i) it paid
approximately $100,000 in a broker's fee and (ii) $100,000 will be
held in escrow, for up to one year from the date of the closing,
pending a final determination by the Chinese government with
respect to any tax obligations arising from the transaction.
Otherwise, the transaction is not subject to any further
post-closing adjustments.

"I am very pleased to announce that this divestiture represents the
final step in the restructuring plan we initiated back in August
2013.  With our profitable Suisun Operation and the recent
announcement that we have retained WestPark Capital as the
Company's investment banker, we will be concentrating exclusively
on growing our business both organically and strategically, the
goal of which is to increase shareholder value," Giordano
concluded.

                About WPCS International Incorporated

WPCS -- http://www.wpcs.com/-- operates in two business segments
including: (1) providing communications infrastructure contracting
services to the public services, healthcare, energy and corporate
enterprise markets worldwide; and (2) developing a Bitcoin trading
platform.

WPCS reported a net loss attributable to the Company's common
shareholders of $11.3 million on $24.4 million of revenue for the
year ended April 30, 2015, compared with a net loss attributable to
the Company's common shareholders of $11.2 million on $15.7 million
of revenue for the year ended April 30, 2014.

As of April 30, 2015, the Company had $15.1 million in total
assets, $15.3 million in total liabilities and a $139,064 total
deficit.


ZUCKER GOLDBERG: Gets Approval to Hire BMC as Balloting Agent
-------------------------------------------------------------
Zucker Goldberg & Ackerman LLC sought and obtained authority from
the U.S. Bankruptcy Court for the District of New Jersey to hire
BMC Group Inc. as noticing and balloting agent.

As noticing and balloting agent, BMC will maintain the creditor
matrix and the core and master service lists, and prepare,
coordinate and serve miscellaneous notices and pleadings to all
creditors and parties-in-interest.

The company may pay BMC's fees without the need to file formal fee
applications, according to the court order signed by U.S.
Bankruptcy Judge Christine Gravelle.

                      About Zucker Goldberg

Zucker, Goldberg & Ackerman, LLC sought Chapter sought Chapter 11
bankruptcy for protection on Aug. 3, 2015 (Bankr. D. N.J., Case No.
15-24585).  The petition was signed by Michael S. Ackerman as
managing member.  The Debtor reported total assets of $11.5 million
and total liabilities of $53.3 million as of June 30, 2015.
Wasserman, Jurista & Stolz, P.C. serves the Debtor as counsel.
Brown, Moskowitz & Kallen, P.C. acts as the Debtor's litigation
counsel.  The Debtor's noticing and balloting agent is BMC Group,
Inc.  The case is assigned to Judge Christine M. Gravelle.


ZUCKER GOLDBERG: May Make Payments to Corelogic
-----------------------------------------------
The Hon. Christine M. Gravelle of the U.S. Bankruptcy Court for the
District of New Jersey authorized Zucker Goldberg & Ackerman, LLC,
to make payments to Corelogic Default Technology Group.

CoreLogic provides access to a web-based portal through which the
Debtor bills certain clients, including the Debtor's largest
client, Wells Fargo Bank, NA.  CoreLogic has indicated it will no
longer provide access to the portal without payment on certain
prepetition invoices.

The Debtor asserts that without CoreLogic's portal, the Debtor will
not be able to bill for its postpetition services, which will
significantly impair the Debtor's cash flow and postpetition
operations.  Accordingly, the Debtor reached an agreement with
CoreLogic providing for a structured payment of the outstanding
balance.

The official committee of unsecured creditors and the Office of the
U.S. Trustee will have rights reserved through Aug. 31, 2015, to
review and raise any issue with the payment.

                      About Zucker Goldberg

Zucker, Goldberg & Ackerman, LLC sought Chapter sought Chapter 11
bankruptcy for protection on Aug. 3, 2015 (Bankr. D. N.J., Case No.
15-24585).  The petition was signed by Michael S. Ackerman as
managing member.  The Debtor reported total assets of $11.5 million
and total liabilities of $53.3 million as of June 30, 2015.
Wasserman, Jurista & Stolz, P.C. serves the Debtor as counsel.
Brown, Moskowitz & Kallen, P.C. acts as the Debtor's litigation
counsel.  The Debtor's noticing and balloting agent is BMC Group,
Inc.  The case is assigned to Judge Christine M. Gravelle.


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------
                                               Total
                                              Share-      Total
                                   Total    Holders'    Working
                                  Assets      Equity    Capital
  Company         Ticker            ($MM)       ($MM)      ($MM)
  -------         ------          ------    --------    -------
ABSOLUTE SOFTWRE  OU1 GR           149.9       (13.1)      (8.1)
ABSOLUTE SOFTWRE  ALSWF US         149.9       (13.1)      (8.1)
ABSOLUTE SOFTWRE  ABT CN           149.9       (13.1)      (8.1)
ADV MICRO DEVICE  AMD* MM        3,381.0      (141.0)   1,052.0
ADVANCED EMISSIO  ADES US          106.4       (46.1)     (15.3)
ADVANCED EMISSIO  OXQ1 GR          106.4       (46.1)     (15.3)
ADVENT SOFTWARE   ADVS US          424.8       (50.1)    (110.8)
AEROJET ROCKETDY  AJRD US        1,898.1       (95.6)     143.6
AEROJET ROCKETDY  GCY TH         1,898.1       (95.6)     143.6
AEROJET ROCKETDY  GCY GR         1,898.1       (95.6)     143.6
AIR CANADA        AC CN         12,374.0      (388.0)     (53.0)
AIR CANADA        ACEUR EU      12,374.0      (388.0)     (53.0)
AIR CANADA        ADH2 TH       12,374.0      (388.0)     (53.0)
AIR CANADA        ACDVF US      12,374.0      (388.0)     (53.0)
AIR CANADA        ADH2 GR       12,374.0      (388.0)     (53.0)
AK STEEL HLDG     AKS* MM        4,335.4      (463.0)     863.4
ALLIANCE HEALTHC  AIQ US           566.4       (89.6)      50.1
AMER RESTAUR-LP   ICTPU US          33.5        (4.0)      (6.2)
AMYLIN PHARMACEU  AMLN US        1,998.7       (42.4)     263.0
ANGIE'S LIST INC  8AL TH           176.1       (21.6)     (26.0)
ANGIE'S LIST INC  ANGI US          176.1       (21.6)     (26.0)
ANGIE'S LIST INC  8AL GR           176.1       (21.6)     (26.0)
ARCADIA BIOSCIEN  RKDA US           19.4        (7.3)       0.3
ARCADIA BIOSCIEN  17D GR            19.4        (7.3)       0.3
ARIAD PHARM       ARIAEUR EU       543.0       (13.8)     209.9
ARIAD PHARM       APS GR           543.0       (13.8)     209.9
ARIAD PHARM       ARIA US          543.0       (13.8)     209.9
ARIAD PHARM       ARIACHF EU       543.0       (13.8)     209.9
ARIAD PHARM       ARIA SW          543.0       (13.8)     209.9
ARIAD PHARM       APS TH           543.0       (13.8)     209.9
ASPEN TECHNOLOGY  AST GR           315.4       (48.5)     (32.8)
ASPEN TECHNOLOGY  AZPN US          315.4       (48.5)     (32.8)
AUTOZONE INC      AZO US         8,032.4    (1,643.2)    (742.6)
AUTOZONE INC      AZOEUR EU      8,032.4    (1,643.2)    (742.6)
AUTOZONE INC      AZ5 TH         8,032.4    (1,643.2)    (742.6)
AUTOZONE INC      AZ5 GR         8,032.4    (1,643.2)    (742.6)
AVID TECHNOLOGY   AVID US          276.2      (338.1)    (147.2)
AVID TECHNOLOGY   AVD GR           276.2      (338.1)    (147.2)
AVINTIV SPECIALT  POLGA US       1,991.4        (3.9)     322.1
BARRACUDA NETWOR  CUDA US          400.4       (31.3)      36.9
BARRACUDA NETWOR  7BM GR           400.4       (31.3)      36.9
BARRACUDA NETWOR  CUDAEUR EU       400.4       (31.3)      36.9
BERRY PLASTICS G  BP0 GR         5,011.0       (74.0)     634.0
BERRY PLASTICS G  BERY US        5,011.0       (74.0)     634.0
BLUE BUFFALO PET  B6B TH           459.5       (33.7)     258.1
BLUE BUFFALO PET  BUFF US          459.5       (33.7)     258.1
BLUE BUFFALO PET  B6B GR           459.5       (33.7)     258.1
BRINKER INTL      EAT US         1,435.9       (78.5)    (228.8)
BRINKER INTL      BKJ GR         1,435.9       (78.5)    (228.8)
BURLINGTON STORE  BUI GR         2,683.1       (30.4)     161.9
BURLINGTON STORE  BURL US        2,683.1       (30.4)     161.9
BURLINGTON STORE  BURL* MM       2,683.1       (30.4)     161.9
CABLEVISION SY-A  CVY GR         6,712.1    (4,951.2)      61.0
CABLEVISION SY-A  CVCEUR EU      6,712.1    (4,951.2)      61.0
CABLEVISION SY-A  CVC US         6,712.1    (4,951.2)      61.0
CABLEVISION SY-A  CVY TH         6,712.1    (4,951.2)      61.0
CABLEVISION-W/I   CVC-W US       6,712.1    (4,951.2)      61.0
CABLEVISION-W/I   8441293Q US    6,712.1    (4,951.2)      61.0
CAMBIUM LEARNING  ABCD US          156.6       (75.1)     (16.2)
CASELLA WASTE     WA3 GR           657.5       (18.9)      (1.2)
CASELLA WASTE     CWST US          657.5       (18.9)      (1.2)
CEDAR FAIR LP     7CF GR         2,076.3        (3.5)     (89.1)
CEDAR FAIR LP     FUN US         2,076.3        (3.5)     (89.1)
CENTENNIAL COMM   CYCL US        1,480.9      (925.9)     (52.1)
CHARTER COM-A     CKZA GR       17,319.0       (31.0)  (1,180.0)
CHARTER COM-A     CKZA TH       17,319.0       (31.0)  (1,180.0)
CHARTER COM-A     CHTR US       17,319.0       (31.0)  (1,180.0)
CHOICE HOTELS     CHH US           702.6      (385.5)     195.9
CHOICE HOTELS     CZH GR           702.6      (385.5)     195.9
CINCINNATI BELL   CIB GR         1,509.6      (403.5)      (0.2)
CINCINNATI BELL   CBB US         1,509.6      (403.5)      (0.2)
CLEAR CHANNEL-A   CCO US         6,188.4      (263.3)     386.6
CLEAR CHANNEL-A   C7C GR         6,188.4      (263.3)     386.6
CLIFFS NATURAL R  CLF* MM        2,609.4    (1,740.2)     623.8
CLIFFS NATURAL R  CLF US         2,609.4    (1,740.2)     623.8
COLLEGIUM PHARMA  COLL US            5.1       (12.2)      (5.9)
COMVERSE INC      CNSI US          577.9        (7.2)      59.9
COMVERSE INC      CM1 GR           577.9        (7.2)      59.9
CORIUM INTERNATI  CORI US           59.3        (5.4)      31.2
CORIUM INTERNATI  6CU GR            59.3        (5.4)      31.2
CYAN INC          CYNI US          112.1       (18.4)      56.9
CYAN INC          YCN GR           112.1       (18.4)      56.9
DELEK LOGISTICS   D6L GR           352.0       (15.8)       5.5
DELEK LOGISTICS   DKL US           352.0       (15.8)       5.5
DIRECTV           DTV US        25,321.0    (3,463.0)   1,360.0
DIRECTV           DIG1 GR       25,321.0    (3,463.0)   1,360.0
DIRECTV           DTVEUR EU     25,321.0    (3,463.0)   1,360.0
DIRECTV           DTV CI        25,321.0    (3,463.0)   1,360.0
DOMINO'S PIZZA    DPZ US           597.9    (1,245.7)     135.3
DOMINO'S PIZZA    EZV GR           597.9    (1,245.7)     135.3
DOMINO'S PIZZA    EZV TH           597.9    (1,245.7)     135.3
DUN & BRADSTREET  DB5 GR         2,092.7    (1,217.9)    (412.7)
DUN & BRADSTREET  DNB1EUR EU     2,092.7    (1,217.9)    (412.7)
DUN & BRADSTREET  DNB US         2,092.7    (1,217.9)    (412.7)
DUN & BRADSTREET  DB5 TH         2,092.7    (1,217.9)    (412.7)
DUNKIN' BRANDS G  2DB GR         3,358.7       (87.9)     269.5
DUNKIN' BRANDS G  2DB TH         3,358.7       (87.9)     269.5
DUNKIN' BRANDS G  DNKN US        3,358.7       (87.9)     269.5
DURATA THERAPEUT  DTA GR            82.1       (16.1)      11.7
DURATA THERAPEUT  DRTXEUR EU        82.1       (16.1)      11.7
DURATA THERAPEUT  DRTX US           82.1       (16.1)      11.7
EDGEN GROUP INC   EDG US           883.8        (0.8)     409.2
ENERGIZER HOLDIN  ENR US         1,117.1      (296.9)     316.4
ENERGIZER HOLDIN  ENR-WEUR EU    1,117.1      (296.9)     316.4
ENERGIZER HOLDIN  EGG QT         1,117.1      (296.9)     316.4
EOS PETRO INC     EOPT US            1.2       (28.0)     (29.1)
EXELIXIS INC      EX9 TH           248.8      (188.2)      31.5
EXELIXIS INC      EX9 GR           248.8      (188.2)      31.5
EXELIXIS INC      EXELEUR EU       248.8      (188.2)      31.5
EXELIXIS INC      EXEL US          248.8      (188.2)      31.5
EXTENDICARE INC   EXETF US       2,167.5       (10.8)     (47.7)
EXTENDICARE INC   EXE CN         2,167.5       (10.8)     (47.7)
FENIX PARTS INC   9FP GR             0.9        (1.9)      (1.9)
FENIX PARTS INC   FENX US            0.9        (1.9)      (1.9)
FERRELLGAS-LP     FEG GR         1,592.9      (103.4)      23.7
FERRELLGAS-LP     FGP US         1,592.9      (103.4)      23.7
FREESCALE SEMICO  FSL US         3,165.0    (3,173.0)   1,257.0
FREESCALE SEMICO  FSLEUR EU      3,165.0    (3,173.0)   1,257.0
FREESCALE SEMICO  1FS GR         3,165.0    (3,173.0)   1,257.0
FREESCALE SEMICO  1FS TH         3,165.0    (3,173.0)   1,257.0
GAMING AND LEISU  2GL GR         2,516.0      (135.8)       5.9
GAMING AND LEISU  GLPI US        2,516.0      (135.8)       5.9
GARDA WRLD -CL A  GW CN          1,401.9      (325.2)      39.5
GARTNER INC       GGRA GR        1,861.0      (170.2)    (138.5)
GARTNER INC       IT US          1,861.0      (170.2)    (138.5)
GENESIS HEALTHCA  SH11 GR        6,103.4      (244.5)     228.5
GENESIS HEALTHCA  GEN US         6,103.4      (244.5)     228.5
GENTIVA HEALTH    GTIV US        1,225.2      (285.2)     130.0
GENTIVA HEALTH    GHT GR         1,225.2      (285.2)     130.0
GLAUKOS CORP      GKOS US           28.3        (4.4)      (4.9)
GLAUKOS CORP      6GJ GR            28.3        (4.4)      (4.9)
GLG PARTNERS INC  GLG US           400.0      (285.6)     156.9
GLG PARTNERS-UTS  GLG/U US         400.0      (285.6)     156.9
GOLD RESERVE INC  GRZ CN            16.3       (28.8)     (39.0)
GOLD RESERVE INC  GDRZF US          16.3       (28.8)     (39.0)
GRAHAM PACKAGING  GRM US         2,947.5      (520.8)     298.5
GYMBOREE CORP/TH  GYMB US        1,206.6      (352.8)      30.7
HCA HOLDINGS INC  HCAEUR EU     31,710.0    (5,955.0)   2,983.0
HCA HOLDINGS INC  2BH GR        31,710.0    (5,955.0)   2,983.0
HCA HOLDINGS INC  2BH TH        31,710.0    (5,955.0)   2,983.0
HCA HOLDINGS INC  HCA US        31,710.0    (5,955.0)   2,983.0
HD SUPPLY HOLDIN  HDS US         6,321.0      (498.0)   1,400.0
HD SUPPLY HOLDIN  5HD GR         6,321.0      (498.0)   1,400.0
HERBALIFE LTD     HOO QT         2,415.1      (196.4)     363.2
HERBALIFE LTD     HLFEUR EU      2,415.1      (196.4)     363.2
HERBALIFE LTD     HOO GR         2,415.1      (196.4)     363.2
HERBALIFE LTD     HLF US         2,415.1      (196.4)     363.2
HOVNANIAN-A-WI    HOV-W US       2,517.0      (146.3)   1,516.6
HUGHES TELEMATIC  HUTCU US         110.2      (101.6)    (113.8)
IHEARTMEDIA INC   IHRT US       13,626.9   (10,240.8)     816.5
INFOR US INC      LWSN US        6,778.1      (460.0)    (305.9)
INVENTIV HEALTH   VTIV US        2,154.4      (613.8)      84.5
IPCS INC          IPCS US          559.2       (33.0)      72.1
ISTA PHARMACEUTI  ISTA US          124.7       (64.8)       2.2
JUST ENERGY GROU  JE CN          1,229.2      (528.2)      (6.6)
JUST ENERGY GROU  JE US          1,229.2      (528.2)      (6.6)
JUST ENERGY GROU  1JE GR         1,229.2      (528.2)      (6.6)
L BRANDS INC      LTD QT         6,804.4      (646.2)     928.4
L BRANDS INC      LB US          6,804.4      (646.2)     928.4
L BRANDS INC      LTD TH         6,804.4      (646.2)     928.4
L BRANDS INC      LTD GR         6,804.4      (646.2)     928.4
L BRANDS INC      LB* MM         6,804.4      (646.2)     928.4
L BRANDS INC      LBEUR EU       6,804.4      (646.2)     928.4
LANTHEUS HOLDING  LNTH US          233.6      (195.6)      41.4
LANTHEUS HOLDING  0L8 GR           233.6      (195.6)      41.4
LEAP WIRELESS     LWI TH         4,662.9      (125.1)     346.9
LEAP WIRELESS     LEAP US        4,662.9      (125.1)     346.9
LEAP WIRELESS     LWI GR         4,662.9      (125.1)     346.9
LORILLARD INC     LO US          4,154.0    (2,134.0)   1,135.0
LORILLARD INC     LLV GR         4,154.0    (2,134.0)   1,135.0
LORILLARD INC     LLV TH         4,154.0    (2,134.0)   1,135.0
MAJESCOR RESOURC  MJXEUR EU          0.1        (3.2)      (3.2)
MANNKIND CORP     MNKDEUR EU       352.6      (115.5)    (196.4)
MANNKIND CORP     NNF1 TH          352.6      (115.5)    (196.4)
MANNKIND CORP     NNF1 GR          352.6      (115.5)    (196.4)
MANNKIND CORP     MNKD US          352.6      (115.5)    (196.4)
MARRIOTT INTL-A   MAR US         6,321.0    (3,033.0)  (1,611.0)
MARRIOTT INTL-A   MAQ TH         6,321.0    (3,033.0)  (1,611.0)
MARRIOTT INTL-A   MAQ QT         6,321.0    (3,033.0)  (1,611.0)
MARRIOTT INTL-A   MAQ GR         6,321.0    (3,033.0)  (1,611.0)
MCBC HOLDINGS IN  MCFT US           91.6       (44.8)     (38.2)
MCBC HOLDINGS IN  1SG GR            91.6       (44.8)     (38.2)
MDC COMM-W/I      MDZ/W CN       1,848.6      (273.8)    (394.7)
MDC PARTNERS-A    MD7A GR        1,848.6      (273.8)    (394.7)
MDC PARTNERS-A    MDCA US        1,848.6      (273.8)    (394.7)
MDC PARTNERS-A    MDZ/A CN       1,848.6      (273.8)    (394.7)
MDC PARTNERS-EXC  MDZ/N CN       1,848.6      (273.8)    (394.7)
MERITOR INC       MTOR US        2,453.0      (591.0)     360.0
MERITOR INC       AID1 GR        2,453.0      (591.0)     360.0
MERRIMACK PHARMA  MP6 GR           105.0      (143.1)     (33.7)
MERRIMACK PHARMA  MACK US          105.0      (143.1)     (33.7)
MICHAELS COS INC  MIM GR         1,922.7    (2,031.3)     471.7
MICHAELS COS INC  MIK US         1,922.7    (2,031.3)     471.7
MIDSTATES PETROL  MPO1EUR EU     1,796.2      (322.8)     117.4
MONEYGRAM INTERN  MGI US         4,464.6      (248.7)     (40.4)
MOODY'S CORP      DUT GR         4,999.5      (103.4)   1,939.2
MOODY'S CORP      MCO US         4,999.5      (103.4)   1,939.2
MOODY'S CORP      DUT QT         4,999.5      (103.4)   1,939.2
MOODY'S CORP      DUT TH         4,999.5      (103.4)   1,939.2
MOODY'S CORP      MCOEUR EU      4,999.5      (103.4)   1,939.2
MORGANS HOTEL GR  MHGC US          520.6      (251.8)      24.8
MPG OFFICE TRUST  1052394D US    1,280.0      (437.3)       -
NATIONAL CINEMED  NCMI US        1,010.5      (221.6)      73.0
NATIONAL CINEMED  XWM GR         1,010.5      (221.6)      73.0
NAVISTAR INTL     IHR GR         6,925.0    (4,744.0)     770.0
NAVISTAR INTL     IHR TH         6,925.0    (4,744.0)     770.0
NAVISTAR INTL     NAV US         6,925.0    (4,744.0)     770.0
NEFF CORP-CL A    NEFF US          668.9      (187.7)      10.4
NEW ENG RLTY-LP   NEN US           175.7       (29.1)       -
NORTHWEST BIO     NBYA GR           64.2       (76.2)     (95.3)
NORTHWEST BIO     NWBO US           64.2       (76.2)     (95.3)
NTELOS HOLDINGS   NTLS US          700.2       (14.3)     185.6
OMTHERA PHARMACE  OMTH US           18.3        (8.5)     (12.0)
OOMA INC          OOMA US           33.9        (8.3)      (6.0)
OREXIGEN THERAPE  OREX US          191.2        (4.2)     152.7
PALM INC          PALM US        1,007.2        (6.2)     141.7
PBF LOGISTICS LP  11P GR           417.8      (199.9)      18.7
PBF LOGISTICS LP  PBFX US          417.8      (199.9)      18.7
PHILIP MORRIS IN  4I1 QT        32,713.0   (11,798.0)  (1,614.0)
PHILIP MORRIS IN  PM FP         32,713.0   (11,798.0)  (1,614.0)
PHILIP MORRIS IN  PM1EUR EU     32,713.0   (11,798.0)  (1,614.0)
PHILIP MORRIS IN  PM1 TE        32,713.0   (11,798.0)  (1,614.0)
PHILIP MORRIS IN  4I1 TH        32,713.0   (11,798.0)  (1,614.0)
PHILIP MORRIS IN  4I1 GR        32,713.0   (11,798.0)  (1,614.0)
PHILIP MORRIS IN  PMI SW        32,713.0   (11,798.0)  (1,614.0)
PHILIP MORRIS IN  PM1CHF EU     32,713.0   (11,798.0)  (1,614.0)
PHILIP MORRIS IN  PM US         32,713.0   (11,798.0)  (1,614.0)
PLANET FITNESS-A  3PL TH           710.3       (44.5)     (10.2)
PLANET FITNESS-A  3PL GR           710.3       (44.5)     (10.2)
PLANET FITNESS-A  PLNT US          710.3       (44.5)     (10.2)
PLAYBOY ENTERP-A  PLA/A US         165.8       (54.4)     (16.9)
PLAYBOY ENTERP-B  PLA US           165.8       (54.4)     (16.9)
PLY GEM HOLDINGS  PG6 GR         1,312.8      (119.6)     258.1
PLY GEM HOLDINGS  PGEM US        1,312.8      (119.6)     258.1
POLYMER GROUP-B   POLGB US       1,991.4        (3.9)     322.1
PROTALEX INC      PRTX US            1.0       (12.6)       0.4
PROTECTION ONE    PONE US          562.9       (61.8)      (7.6)
PURETECH HEALTH   PRTC LN            -           -          -
PURETECH HEALTH   PRTCL PO           -           -          -
PURETECH HEALTH   PRTCGBX EU         -           -          -
QUALITY DISTRIBU  QLTY US          413.0       (22.9)     102.9
QUALITY DISTRIBU  QDZ GR           413.0       (22.9)     102.9
QUINTILES TRANSN  QTS GR         3,341.8      (701.7)     866.0
QUINTILES TRANSN  Q US           3,341.8      (701.7)     866.0
RAPID7 INC        RPD US            79.4       (42.0)     (14.6)
RAPID7 INC        R7S GR            79.4       (42.0)     (14.6)
RAYONIER ADV      RYAM US        1,261.0       (51.1)     188.6
RAYONIER ADV      RYQ GR         1,261.0       (51.1)     188.6
REGAL ENTERTAI-A  RETA GR        2,590.9      (890.9)    (107.2)
REGAL ENTERTAI-A  RGC* MM        2,590.9      (890.9)    (107.2)
REGAL ENTERTAI-A  RGC US         2,590.9      (890.9)    (107.2)
RENAISSANCE LEA   RLRN US           57.0       (28.2)     (31.4)
RENTECH NITROGEN  RNF US           328.0       (73.5)      43.7
RENTECH NITROGEN  2RN GR           328.0       (73.5)      43.7
RENTPATH INC      PRM US           208.0       (91.7)       3.6
REVLON INC-A      REV US         1,926.6      (629.2)     322.1
REVLON INC-A      RVL1 GR        1,926.6      (629.2)     322.1
RURAL/METRO CORP  RURL US          303.7       (92.1)      72.4
RYERSON HOLDING   7RY TH         1,855.4      (114.9)     681.2
RYERSON HOLDING   RYI US         1,855.4      (114.9)     681.2
RYERSON HOLDING   7RY GR         1,855.4      (114.9)     681.2
SALLY BEAUTY HOL  SBH US         2,189.6      (190.2)     819.6
SALLY BEAUTY HOL  S7V GR         2,189.6      (190.2)     819.6
SANCHEZ ENERGY C  13S TH         1,935.3       (53.1)     206.7
SANCHEZ ENERGY C  SN US          1,935.3       (53.1)     206.7
SANCHEZ ENERGY C  SN* MM         1,935.3       (53.1)     206.7
SANCHEZ ENERGY C  13S GR         1,935.3       (53.1)     206.7
SBA COMM CORP-A   SBAC US        7,751.9    (1,133.2)      30.4
SBA COMM CORP-A   SBJ GR         7,751.9    (1,133.2)      30.4
SBA COMM CORP-A   SBACEUR EU     7,751.9    (1,133.2)      30.4
SBA COMM CORP-A   SBJ TH         7,751.9    (1,133.2)      30.4
SBA COMM CORP-A   SBJ QT         7,751.9    (1,133.2)      30.4
SCIENTIFIC GAM-A  SGMS US        9,486.5      (260.1)     741.2
SCIENTIFIC GAM-A  TJW GR         9,486.5      (260.1)     741.2
SEARS HOLDINGS    SEE TH        13,186.0      (906.0)   2,092.0
SEARS HOLDINGS    SHLD US       13,186.0      (906.0)   2,092.0
SEARS HOLDINGS    SEE GR        13,186.0      (906.0)   2,092.0
SILVER SPRING NE  9SI TH           517.9      (104.9)     (38.1)
SILVER SPRING NE  9SI GR           517.9      (104.9)     (38.1)
SILVER SPRING NE  SSNI US          517.9      (104.9)     (38.1)
SIRIUS XM CANADA  SIICF US         297.1      (132.8)    (177.9)
SIRIUS XM CANADA  XSR CN           297.1      (132.8)    (177.9)
SPIN MASTER -SVC  SP9 GR           280.5       (52.3)    (156.7)
SPIN MASTER -SVC  TOY CN           280.5       (52.3)    (156.7)
SPORTSMAN'S WARE  SPWH US          305.8       (32.8)      77.8
SPORTSMAN'S WARE  06S GR           305.8       (32.8)      77.8
STINGRAY - SUB V  RAY/A CN         128.2       (17.8)     (41.0)
STINGRAY DIG-VSV  RAY/B CN         128.2       (17.8)     (41.0)
SUPERVALU INC     SJ1 TH         4,491.0      (561.0)     (77.0)
SUPERVALU INC     SJ1 GR         4,491.0      (561.0)     (77.0)
SUPERVALU INC     SVU US         4,491.0      (561.0)     (77.0)
SYNERGY PHARMACE  SGYPEUR EU       164.8       (21.9)     147.2
SYNERGY PHARMACE  S90 GR           164.8       (21.9)     147.2
SYNERGY PHARMACE  SGYP US          164.8       (21.9)     147.2
THERAVANCE        THRX US          462.1      (294.0)     231.7
THERAVANCE        HVE GR           462.1      (294.0)     231.7
THRESHOLD PHARMA  NZW1 GR           73.9       (26.3)      46.6
THRESHOLD PHARMA  THLD US           73.9       (26.3)      46.6
TRANSDIGM GROUP   TDG US         8,350.4    (1,169.0)   1,349.8
TRANSDIGM GROUP   T7D GR         8,350.4    (1,169.0)   1,349.8
TRINET GROUP INC  TNET US        1,557.0        (7.9)      50.7
TRINET GROUP INC  TNETEUR EU     1,557.0        (7.9)      50.7
TRINET GROUP INC  TN3 GR         1,557.0        (7.9)      50.7
TRINET GROUP INC  TN3 TH         1,557.0        (7.9)      50.7
UNISYS CORP       UISCHF EU      2,163.6    (1,455.9)     177.2
UNISYS CORP       UISEUR EU      2,163.6    (1,455.9)     177.2
UNISYS CORP       UIS1 SW        2,163.6    (1,455.9)     177.2
UNISYS CORP       USY1 TH        2,163.6    (1,455.9)     177.2
UNISYS CORP       USY1 GR        2,163.6    (1,455.9)     177.2
UNISYS CORP       UIS US         2,163.6    (1,455.9)     177.2
VECTOR GROUP LTD  VGR QT         1,462.8        (1.7)     514.4
VECTOR GROUP LTD  VGR GR         1,462.8        (1.7)     514.4
VECTOR GROUP LTD  VGR US         1,462.8        (1.7)     514.4
VENOCO INC        VQ US            598.9      (151.0)     207.6
VERISIGN INC      VRS TH         2,570.7      (994.3)     (15.0)
VERISIGN INC      VRSN US        2,570.7      (994.3)     (15.0)
VERISIGN INC      VRS GR         2,570.7      (994.3)     (15.0)
VERIZON TELEMATI  HUTC US          110.2      (101.6)    (113.8)
VERSEON CORP      VSN LN             -           -          -
VIRGIN MOBILE-A   VM US            307.4      (244.2)    (138.3)
WEIGHT WATCHERS   WW6 TH         1,341.2    (1,347.5)    (207.2)
WEIGHT WATCHERS   WW6 GR         1,341.2    (1,347.5)    (207.2)
WEIGHT WATCHERS   WTWEUR EU      1,341.2    (1,347.5)    (207.2)
WEIGHT WATCHERS   WTW US         1,341.2    (1,347.5)    (207.2)
WEST CORP         WSTC US        3,549.9      (625.9)     265.3
WEST CORP         WT2 GR         3,549.9      (625.9)     265.3
WESTERN REFINING  WNRL US          441.6       (27.7)      66.8
WESTERN REFINING  WR2 GR           441.6       (27.7)      66.8
WESTMORELAND COA  WME GR         1,777.6      (422.8)      40.1
WESTMORELAND COA  WLB US         1,777.6      (422.8)      40.1
WINGSTOP INC      WING US          117.4       (17.4)       6.0
WINGSTOP INC      EWG GR           117.4       (17.4)       6.0
WINMARK CORP      GBZ GR            45.3       (41.5)      11.5
WINMARK CORP      WINA US           45.3       (41.5)      11.5
WYNN RESORTS LTD  WYNN US        9,283.0      (110.7)     860.6
WYNN RESORTS LTD  WYNN SW        9,283.0      (110.7)     860.6
WYNN RESORTS LTD  WYNNCHF EU     9,283.0      (110.7)     860.6
WYNN RESORTS LTD  WYR GR         9,283.0      (110.7)     860.6
WYNN RESORTS LTD  WYR TH         9,283.0      (110.7)     860.6
WYNN RESORTS LTD  WYNN* MM       9,283.0      (110.7)     860.6
XACTLY CORP       XTLY US           52.7       (25.4)      (6.8)
XACTLY CORP       XT4Y GR           52.7       (25.4)      (6.8)
XERIUM TECHNOLOG  TXRN GR          578.2       (95.4)      75.9
XERIUM TECHNOLOG  XRM US           578.2       (95.4)      75.9
YRC WORLDWIDE IN  YRCW US        1,968.6      (445.2)     200.4
YRC WORLDWIDE IN  YEL1 GR        1,968.6      (445.2)     200.4
YRC WORLDWIDE IN  YEL1 TH        1,968.6      (445.2)     200.4


                            *********

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.

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
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2015.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***