TCR_Public/160822.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, August 22, 2016, Vol. 20, No. 235

                            Headlines

187 COTTAGE: Case Summary & 20 Largest Unsecured Creditors
7 BAY CORP: Needs Until Nov. 30 to Obtain Plan Acceptances
A PLUS SEWER: Seeks to Hire Sencer as Appraiser
ACTIVECARE INC: Posts $3.34 Million Net Income for Third Quarter
ADVANCEPIERRE FOODS: Moody's Hikes Corporate Family Rating to B1

AFFORDABLE ROLL-OFF: Hires Bud Kirk as Attorney
AIRFASTTICKETS INC: Taps BMC Group as Administrative Agent
ALLWAYS EAST: Can Get Capital Solutions Financing on Interim Basis
ANDY LOPES BUILDING: Case Summary & 20 Top Unsecured Creditors
APPLIED MINERALS: Reports Second Quarter 2016 Financial Results

ARIZONA ACADEMY: Case Summary & 20 Largest Unsecured Creditors
ARMADA WATER: U.S. Trustee Forms 2-Member Creditors' Committee
ARMSTRONG ENERGY: S&P Lowers CCR to 'CCC+', Outlook Negative
BBROUS2 INVESTMENTS: Taps Weinstein & St. Germain as Legal Counsel
BLUESTEM BRANDS: S&P Affirms 'B+' CCR, Off CreditWatch Negative

BON-TON STORES: Reports Second Quarter Fiscal 2016 Results
BON-TON STORES: S&P Raises CCR to 'CCC+', Outlook Remains Negative
BONANZA CREEK: S&P Lowers CCR to 'D' on Missed Interest Payment
CAESARS ENTERTAINMENT: Settles Litigation With Frederick Danner
CEETOP INC: Incurs $92,200 Net Loss in Second Quarter

CHESAPEAKE ENERGY: Fitch Affirms 'B-' IDR, Outlook Negative
CITIZENS FINANCIAL: Fitch Affirms 'BB-' Pref. Stock Rating
CLAIRE'S STORES: S&P Lowers CCR to 'CC', On CreditWatch Negative
COATES INTERNATIONAL: Issues $41K Promissory Note to GW Holdings
CODA OCTOPUS: Incurs $1.8 Million Net Loss in Fiscal 2010

COMPANION DX: Hires Fuquay as Chief Restructuring Officer
CUSTOM ECOLOGY: S&P Affirms 'CCC+' CCR, Off CreditWatch
CWS ENTERPRISES: Plan Administrator Taps Coldwell as Broker
D&H MACHINE SERVICE: Can Get Up to $60K Credit From Brian Hillard
DIFFUSION PHARMACEUTICALS: Effects 1-for-10 Reverse Stock Split

DIGIPATH INC: CEO Reports 11.8% Equity Stake as of June 21
DOMINION STEEL: Case Summary & 20 Largest Unsecured Creditors
EFT HOLDINGS: Incurs $1.16 Million Net Loss in Second Quarter
ELBIT IMAGING: Approves New Buyback Programs Totaling NIS 50M
ELBIT IMAGING: Reports NIS 31.4 Million Net Loss for Q2

EMERY RESOURCE: Taps Diaz & Larsen as Legal Counsel
EMMAUS LIFE: Incurs $3.14 Million Net Loss in Second Quarter
FARMACIAS PUERTO RICO: Ordered to Vacate Hato Rey Center Premises
FOUNDATION HEALTHCARE: Reports Second Quarter Financial Results
FPMI SOLUTIONS: Can Get Western Alliance DIP Financing

FTE NETWORKS: Amends Q2 Form 10-Q to Correct Numerial Errors
FULLCIRCLE REGISTRY: Delays Filing of June 30 Form 10-Q
GIBSON BRANDS: Moody's Cuts CFR to Caa2, Outlook Negative
GREAT BASIN: Enters Into Waiver Agreements With Noteholders
GREAT BASIN: Had 46.1M Outstanding Common Shares as of Aug. 19

GREENSHIFT CORP: Posts $3.21 Million Net Income for Second Quarter
GUIDED THERAPEUTICS: Incurs $2.17-Mil. Net Loss in Second Quarter
GUIDED THERAPEUTICS: Reports Q2 2016 Financial Results
HAMPSHIRE GROUP: Delays Filing of June 30 Quarterly Report
HAMPSHIRE GROUP: Inks Forbearance Agreement With Salus

HCSB FINANCIAL: Awards 27M Restricted Shares to Executive Officers
HEBREW HEALTH: Aug. 30 Meeting Set to Form Creditors' Panel
HILLSIDE OFFICE: Seeks to Hire C&H as Environmental Consultant
ICAGEN INC: May Issue 1.6 Million Shares Under Plans
ICAGEN INC: May Issue 1.6 Million Shares Under Plans

ITUS CORP: Incurs $1.10 Million Net Loss in Third Quarter
LABORATORIO ACROPOLIS: Hires Soto as Accountant
LAREDO WO: Taps Ronald W. Hagauer as Special Counsel
LDI MANAGEMENT: Taps Curtis Castillo as Legal Counsel
LEAP FORWARD: Cash Collateral Use Approved on Final Basis

LEGACY HOLDINGS-CA: Case Summary & Unsecured Creditor
LEVEL ACRES: $125K Unsecured Financing From Chilcote OK
LIQUIDMETAL TECHNOLOGIES: Extends Follow-On Investment Deadline
LONGHORN MIDCO II: S&P Raises Rating on Sr. Sec. Debt to 'B+'
MCNEILL GROUP: Aug. 30 Meeting Set to Form Creditors' Panel

MEDIANEWS GROUP: Opposes Sale of Monster Worldwide to Randstad
MERCHANTS BANKCARD: Case Summary & 20 Largest Unsecured Creditors
MGM RESORTS: Tracinda Corp Reports 16.1% Stake as of Aug. 16
MICHAEL DOMINIC SYLVESTER: Hearing on Disclosures Set For Sept. 13
MINDEN AIR: Case Summary & 8 Unsecured Creditors

MUSCLEPHARM CORP: Needs More Capital to Continue as Going Concern
NATIONAL CINEMEDIA: Unit Closes $250M Private Placement Financing
NEPHROS INC: Expects Commercial Sale of Filters by October
NET ELEMENT: Amends 2.3 Million Shares Resale Prospectus with SEC
NORTHERN OIL: CEO Reports 5.57% Stake as of Aug. 17

NORTHWEST MANAGEMENT: Wants to Use Monty Titling Trust II Cash
NOVELIS CORP: $1.5BB Unsec. Notes Issue No Impact Moody's B1 CFR
OBERFIELD PRECAST: Can Use Cash Collateral, Pay Wages
PARAGON OFFSHORE: Needs Until Oct. 31 to File Plan
PHILLIPS-MEDISIZE: Moody's Puts B3 CFR Under Review for Upgrade

PIONEER ENERGY: Copy of Presentation at EnerCom Conference
PLANDAI BIOTECHNOLOGY: Incurs $1.09M Net Loss in March 31 Quarter
PLY GEM HOLDINGS: Offering $200 Million Worth of Securities
POSITIVEID CORP: Closes $435K Note Purchase Agreements
PREMO AUTO BODY: Taps Timothy McGary as Legal Counsel

QUALITY FLOAT: Can Use FC Market Place Cash on Interim Basis
QUALITY FLOAT: Can Use First Midwest Cash on Interim Basis
QUOTIENT LIMITED: Recurring Losses Casts Going Concern Doubt
ROGER ALLEN MCCRACKEN: Brock Mansfield Joins Creditors' Committee
SANCTUARY REVOCABLE: U.S. Trustee Unable to Appoint Committee

SCPD GRAMERCY: Taps Pick & Zabicki as Legal Counsel
SEANERGY MARITIME: Annual Meeting Set for September 28
SEQUENOM INC: Preliminary Injunction Hearing Set for Sept. 1
SHORE PKWY II: Can Solicit Acceptances Through Oct. 10
SIDNEY TRANSPORTATION: Taps Kentner Sellers as Accountant

SONDIAL PROPERTIES: Hires Geeslin as Counsel
SOUTHCROSS ENERGY: Holdings, et al., Own 66.8% of Common Units
SPANISH BROADCASTING: AAA Trust Files Schedule 13D With SEC
SPANISH BROADCASTING: CBS Radio, et al., No Longer Own CL-A Shares
SRS PROPERTY: Disclosures Okayed; Plan Hearing Set for Sept. 15

STEPHCHRIS OF MISSOURI: Can Use Midwest Regional Bank
STERLING MID-HOLDINGS: S&P Lowers Issuer Credit Rating to 'SD'
STRATA SKIN: Posts $498,000 Net Income for Second Quarter
SUBMARINA INC: Hearing on Disclosures Scheduled for Sept. 28
SUBODH NAIK: Suhas Naik Seeks to Block Plan Outline Approval

SUNPOWER BY RENEWABLE ENERGY: Taps Schwartz as Legal Counsel
TDQ LLC: Hires Steinberg Nutter as General Bankruptcy Counsel
TLO LLC: TransUnion Obtains Favorable Ruling in IDI IP Dispute
TOTAL HOCKEY: Creditors' Panel Hires Cooley LLP as Lead Counsel
TOTAL HOCKEY: Panel Hires Lewis Rice as Missouri Counsel

UNIVERSAL SOFTWARE: Taps R.J. Augustine as Accountant
V DIIORIO & SON: Names John Bracaglia as Counsel
VANGUARD NATURAL: S&P Hikes CCR to CCC- on Unsecured Note Exchange
VOICEPULSE INC: Taps Koehler & Company as Accountant
VUZIX CORP: Provides Business Update

VYCOR MEDICAL: Insufficient Cash Raises Going Concern Doubt
WAVE SYSTEMS: Ch.11 Trustee Hires Global IP as Consultants
WEST MIFFLIN AREA SD: Moody's Cuts GO Rating to Ba1
WESTERN INDUSTRIAL: Taps James G. Murphy as Auctioneer
WISPER II: Unsecureds To Be Paid in Full Under Plan

WPCS INTERNATIONAL: Iroquois Mater, et al, Hold 9.7% Stake
WPCS INTERNATIONAL: Joshua Silverman Fills Board Vacancy
YRC WORLDWIDE: Files August 2016 Investor Presentation
[*] John McCabe Joins Weltman Weinberg's Bankruptcy Group in Ohio
[^] BOND PRICING: For the Week from August 15 to 19, 2016


                            *********

187 COTTAGE: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: 187 Cottage Avenue Corp.
           dba Chester Hill Adult Home
        187 Cottage Avenue
        Mount Vernon, NY 10550

Case No.: 16-23133

Nature of Business: Single Asset Real Estate

Chapter 11 Petition Date: August 19, 2016

Court: United States Bankruptcy Court
       Southern District of New York (White Plains)

Judge: Hon. Robert D. Drain

Debtor's Counsel: Jeffrey A. Reich, Esq.
                  REICH REICH & REICH, P.C.
                  235 Main Street, Suite 450
                  White Plains, NY 10601
                  Tel: (914) 949-2126
                  Fax: (914) 949-1604
                  E-mail: reichlaw@aol.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by David Grant, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/nysb16-23133.pdf


7 BAY CORP: Needs Until Nov. 30 to Obtain Plan Acceptances
----------------------------------------------------------
7 Bay Corp asks the U.S. Bankruptcy Court for the District of
Massachusetts, Eastern Division, to extend the times within which
it has the exclusive right to obtain acceptances of a Plan of
Reorganization through and including Nov. 30, 2016.

The Debtor relates that it has agreed to amend its Disclosure
Statement and Plan after its senior secured lender, UB Properties,
LLC, and the U.S. Trustee have expressed several objections to the
Disclosure Statement and Plan of Reorganization filed on June 14,
2016.

The Plan will be funded from the construction and sale of the
Debtor's property as well as the new value contribution by the
Debtor's principals, or entities controlled by the Debtor's
principal.

The Debtor owns the remaining development rights for nine units in
a fully permitted waterfront condominium parcel of real property
located on 7 Bay Street in Hull, Massachusetts.

The Debtor will continue to sell the remaining units of the
project, pay the secured lenders, and distribute the proceeds and
pay claims.  The Reorganized Debtor will establish a Plan Fund
upon
the sale of the last unit.  Upon the sale of the last unit, and
after payment in full of all allowed secured claims,
administrative
and priority claims, Reorganized Debtor will deposit the excess
proceeds from the sale of the last unit into the Plan Fund in
order
to pay allowed holders of Class 6 - general unsecured claims.
Class 6 Claimants will share pro-rata in the Plan Fund. The
Debtor's counsel will be entitled to a payment of $500, plus costs
for administration of the Plan Fund.  Debtor will continue to make
payments on the secured claims pursuant to this Plan.

A full-text copy of the Disclosure Statement is available at
http://bankrupt.com/misc/mab15-14885-234.pdf

The Debtor is represented by:

          John M. McAuliffe, Esq.
          MCAULIFFE & ASSOCIATES
          430 Lexington Street
          Newton, MA 02466
          Tel: (617) 558-6889
          E-mail: john@jm-law.net

               About 7 Bay Corp

7 Bay Corp, based in Hull, Massachusetts, filed a Chapter 11
petition (Bankr. D. Mass. Case No. 15-14885) on Dec. 17, 2015.
Judge Frank J. Bailey presides over the case.  John M. McAuliffe,
Esq., at MCAULIFFE & ASSOCIATES, P.C., serves as the Debtor's
counsel.  In its petition, 7 Bay estimated $1 million to $10
million in both assets and liabilities.  The petition was signed by
Steven Buckley, president.


A PLUS SEWER: Seeks to Hire Sencer as Appraiser
-----------------------------------------------
A Plus Sewer & Water Co. seeks approval from the U.S. Bankruptcy
Court for the District of Utah to hire Sencer Appraisal Associates,
Inc.

A Plus tapped the firm to conduct a desktop appraisal of its
property which, the company says, will help facilitate the
confirmation of its restructuring plan.

Sencer will receive a fee of $2,500.  The firm's standard hourly
rate of $200 will apply in case it is required to provide
additional services.

Garrett Schwartz, an appraiser employed with Sencer, disclosed in a
court filing that the firm does not have any interest adverse to A
Plus' estate.

Sencer can be reached through:

     Garrett Schwartz
     Sencer Appraisal Associates, Inc.
     92 Reid Avenue
     Port Washington, NY 11050
     Phone (516) 944-9456
     www.AllEquipmentAppraisal.com

                       About A Plus Sewer

A Plus Sewer & Water Co. filed for Chapter 11 bankruptcy protection
(Bankr. D. Utah Case No. 15-29123) on Sept. 29, 2015.  Matthew K.
Broadbent, Esq., at Vannova Legal, PLLC, serves as the Debtor's
bankruptcy counsel.


ACTIVECARE INC: Posts $3.34 Million Net Income for Third Quarter
----------------------------------------------------------------
ActiveCare, Inc. filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing net income of $3.34
million on $2.17 million of revenues for the three months ended
June 30, 2016, compared to a net loss of $3.06 million on $2.03
million of revenues for the three months ended June 30, 2015.

For the nine months ended June 30, 2016, the Company reported a net
loss of $7.74 million on $5.86 million of revenues compared to a
net loss of $6.81 million on $5.09 million of revenues for the nine
months ended June 30, 2015.

As of June 30, 2016, ActiveCare had $1.91 million in total assets,
$21.01 million in total liabilities and a total stockholders'
deficit of $19.10 million.

"We have financed operations primarily through the sale of equity
securities, long-term debt and short-term debt.  Until revenues are
sufficient to meet our needs, we will continue to attempt to secure
financing through equity or debt securities.  We continue to incur
negative cash flows from operating activities and net losses.  We
had minimal cash, negative working capital, and negative total
equity as of June 30, 2016 and September 30, 2015, and are in
default with respect to certain debt.  We determined that our
goodwill of $825,894 was impaired during the fourth fiscal quarter
of 2015, and it was expensed.  These factors, among others, raise
substantial doubt about our ability to continue as a going
concern.

"In order for us to eliminate substantial doubt about our ability
to continue as a going concern, we must achieve profitability,
generate positive cash flows from operating activities and obtain
the necessary debt or equity funding to meet our projected capital
investment requirements.  Our management's plans with respect to
this uncertainty consist of raising additional capital by issuing
debt or equity securities and increasing the sales of our products
and services.  There can be no assurance that we will be able to
raise sufficient additional capital or that revenues will increase
rapidly enough to offset operating losses.  If we are unable to
increase revenues or obtain additional financing, we will be unable
to continue the development of our products and services and may
have to cease operations," the Company stated in the report.

The Company's quarterly report on Form 10-Q is available from the
SEC website at https://is.gd/IAU20F

                      About ActiveCare

South West Valley City, Utah-based ActiveCare, Inc., develops and
markets products for monitoring the health of and providing
assistance to mobile and homebound seniors and the chronically
ill.

ActiveCare is organized into three business.  The Stains and
Reagents segment is engaged in the business of manufacturing and
marketing medical diagnostic stains, solutions and related
equipment to hospitals and medical testing labs.  The CareServices
segment is engaged in the business of developing, distributing and
marketing mobile health monitoring and concierge services to
distributors and customers.  The Chronic Illness Monitoring segment
is primarily engaged in the monitoring of diabetic patients on a
real time basis.

ActiveCare reported a net loss of $12.8 million on $6.59 million of
chronic illness monitoring revenues for the year ended Sept. 30,
2015, compared with a net loss of $16.4 million on $6.10 million of
chronic illness monitoring revenues for the year ended Sept. 30,
2014.

Tanner LLC, in Salt Lake City, Utah, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2015, citing that the Company has recurring losses,
negative cash flows from operating activities, negative working
capital, negative total equity, and certain debt that is in
default.  These conditions, among others, raise substantial doubt
about its ability to continue as a going concern.


ADVANCEPIERRE FOODS: Moody's Hikes Corporate Family Rating to B1
----------------------------------------------------------------
Moody's Investors Service upgraded the Corporate Family Rating
(CFR) of AdvancePierre Foods, Inc. (NYSE: APFH or "AdvancePierre")
to B1 from B2, as well as its Probability of Default Rating to
B1-PD from B2-PD. Concurrently, Moody's upgraded the company's $1.3
billion principal first lien term loan to B1 from B2. In addition,
Moody's assigned the company a Speculative Grade Liquidity Rating
of SGL-2. The rating outlook is stable. This action concludes the
rating review initiated on July 15, 2016 when the company's ratings
were placed under review for upgrade following the IPO of the
company.

The one notch upgrade of AdvancePierre's CFR reflects Moody's
expectation that credit metrics will be sustained at levels that
support a B1 rating and that the company will maintain a good
liquidity profile over the next twelve months. Pro forma for debt
repayment using proceeds from the IPO, the company's leverage as
measured by Moody's adjusted debt-to-EBITDA was approximately 4.6
times for the twelve months ended July 2, 2016. At the same time,
pro forma interest coverage as measured by Moody's adjusted
EBIT-to-interest was approximately 3.2 times. APFH's leverage has
continued to trend favorably over the last few years as a result of
both debt repayment and improving profitability, primarily driven
by net price realization, a reduction in expenses associated with
certain cost saving initiatives, and a deliberate mix shift towards
higher margin products.

According to Moody's AVP - Analyst Brian Silver, "AdvancePierre's
voluntary debt repayment using IPO proceeds strengthened its credit
metrics, and we expect the company's profitability will continue to
improve over the next 12 to 18 months and drive additional
deleveraging, albeit at a more measured pace than the last few
years."

"We anticipate the company will continue to make bolt-on
acquisitions in the fragmented food production industry in which it
competes, while continuing to focus on organic margin enhancement
in its core foodservice, retail and convenience segments," Moody's
said.

The following rating has been assigned at AdvancePierre Foods,
Inc.:

   -- Speculative Grade Liquidity Rating of SGL-2

The following ratings have been upgraded at AdvancePierre Foods,
Inc.:

   -- Corporate Family Rating to B1 from B2;

   -- Probability of Default Rating to B1-PD from B2-PD;

   -- $1.3 billion principal senior secured first lien term loan B

      due 2023 to B1 (LGD4) from B2 (LGD4).

   -- The rating outlook is stable

RATINGS RATIONALE

AdvancePierre Foods, Inc.'s (NYSE: APFH) B1 Corporate Family Rating
(CFR) is reflective of the company's elevated leverage profile and
moderate interest coverage. APFH's leverage as measured by Moody's
adjusted debt-to-EBITDA (including capitalization of operating
leases), pro forma for the July 2016 IPO of the company and
associated debt repayment, was approximately 4.6 times during the
twelve months ended July 2, 2016 (the LTM period). The company
remains exposed to volatile raw material costs, seasonal working
capital needs, and competition from other protein suppliers. The B1
CFR acknowledges APFH's benefits from its healthy size and scale,
good diversity of product offerings and sales channels, moderate
degree of customer concentration, and its ability to pass-through a
significant portion of its raw material costs through a dynamic
pricing model. Also, the company maintains a good liquidity profile
highlighted by the expectation for positive free cash flow
generation and access to its ABL.

The stable outlook reflects Moody's expectation that the company
will continue to generate positive free cash flow of which a
portion will be used for bolt-on acquisitions and the remainder for
debt repayment. The rating agency expects leverage (Moody's
adjusted debt-to-EBITDA) to approach 4.0 times over the next 12 to
18 months.

The ratings could be upgraded if APFH is successful in growing its
top-line while continuing to deleverage and generate positive free
cash flow. Also, Moody's would expect the company to improve its
product mix and segment diversification while maintaining at least
a good liquidity profile. Quantitatively, Moody's adjusted
debt-to-EBITDA will need to be sustained below 4.5 times and
RCF-to-net debt sustained above 15% prior to any ratings upgrade.
Alternatively, the ratings could be downgraded if liquidity
deteriorates and ABL borrowings increase beyond our expectations.
In addition, if Moody's adjusted debt-to-EBITDA increases and is
sustained above 5.5 times and/or if Moody's adjusted
EBIT-to-interest falls below 2.0 times the ratings could face
pressure.

The principal methodology used in these ratings was Global Packaged
Goods published in June 2013.

AdvancePierre Foods, Inc. (NYSE: APFH or "AdvancePierre"),
headquartered in Cincinnati, OH, is a producer and marketer of
value-added protein and hand-held convenience items serving the
foodservice, retail and convenience and vending store channels. Key
products include packaged sandwiches, fully-cooked burgers, Philly
steaks, stuffed chicken breasts and country fried chicken. Oaktree
Capital Management LP (Oaktree) has owned the company since Pierre
Foods, Inc. emerged from bankruptcy in 2008 and remains the
majority shareholder via its OCM Principal Opportunities Fund IV
following the IPO. Net sales for the twelve months ended July 2,
2016 were approximately $1.56 billion.


AFFORDABLE ROLL-OFF: Hires Bud Kirk as Attorney
-----------------------------------------------
Affordable Roll-Off, Inc., seeks authority from the U.S. Bankruptcy
Court for the Western District of Texas to employ E.P. Bud Kirk as
attorney to the Debtor.

Affordable Roll-Off requires Kirk to:

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

  -- assist the Debtor in formulation and negotiation of a Plan
     with its creditors in these proceedings;

  -- review the transactions of the Debtor prior to the filing of
     the Chapter 11 proceedings to determine what further
     litigation, if any, pursuant to the Bankruptcy Code, or
     otherwise, should be filed on behalf of the estate;

  -- examine all tax claims filed against the Debtor, to contest
     any excessive amounts claimed therein, and to structure a
     payment of the allowed taxes which conforms to the
     Bankruptcy Code and Rules; and

  -- perform all other legal services of the Debtor, as Debtor-
     in-Possession, which may be necessary herein.

Kirk will be paid at these hourly rates:

     E.P. Bud Kirk, Attorney                 $300
     Kathryn A. McMillan, Paralegal          $90
     Maura Casas, Paralegal                  $90
     Vanessa Narro, Paralegal                $90

A retainer of $3,283 was paid to Kirk prior to the filing of the
case. Prior to filing, $2,000 was paid to Kirk by the Debtor, for
pre-bankruptcy services actually rendered.

Kirk will also be reimbursed for reasonable out-of-pocket expenses
incurred.

E.P. Bud Kirk, member of the law firm E.P. Bud Kirk, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Kirk can be reached at:

     E.P. Bud Kirk, Esq.
     E.P. BUD KIRK
     Terrace Gardens
     600 Sunland Park Drive
     Bldg. Four, Suite 400
     El Paso, TX 79912
     Tel: (915) 584-3773

                       About Affordable Roll-Off

Affordable Roll-Off, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Tex. Case No. 16-31202) on Aug. 3, 2016.  Judge H.
Christopher Mott presides over the case.


AIRFASTTICKETS INC: Taps BMC Group as Administrative Agent
----------------------------------------------------------
Airfasttickets, Inc. seeks approval from the U.S. Bankruptcy Court
for the Southern District of New York to hire BMC Group, Inc. as
its administrative agent.

The firm will assist the Debtor in the solicitation and tabulation
of votes on its proposed liquidating plan; prepare reports and
ballot certification; and facilitate distributions to creditors.

BMC Group will receive a retainer of $10,000 for its services.  The
firm has agreed to waive its monthly database maintenance fee,
website set-up fee, monthly website hosting fee and physical
document storage fees.  Moreover, its top hourly billed rate will
be reduced and capped at $175 while its average hourly billable
rate across the life of the case will be capped at $110.

Tinamarie Feil, president of Client Services at BMC Group,
disclosed in a court filing that the firm is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

BMC Group can be reached through:

     Tinamarie Feil
     BMC Group, Inc.
     600 1st Avenue, Suite 623
     Seattle, WA 98104
     Tel: 206.499.2169
     Fax: 206.374.2727
     Email: tfeil@bmcgroup.com

The Debtor is represented by:

     George V. Utlik, Esq.
     Arent Fox LLP
     1675 Broadway
     New York, NY 10019
     Tel: (212) 484-3900
     Fax: (212) 484-3990
     Email: george.utlik@arentfox.com

          - and -

     Aram Ordubegian, Esq.
     Andy S. Kong, Esq.
     Arent Fox LLP
     555 West Fifth Street, 48th Floor
     Los Angeles, CA 90013
     Tel: (213) 629-7400
     Fax: (213) 629-7401
     Email: aram.ordubegian@arentfox.com
     Email: andy.kong@arentfox.com

                      About Airfasttickets

Airfasttickets, Inc., was founded in 2011 by Nikoloas Koklonis, who
served as the Debtor's sole director, sole officer, and controlling
stockholder from its formation until December 2014.  

Airfasttickets is a Delaware corporation that had its headquarters
in New York, New York, and operated a multi-national business,
together with several of its wholly-owned foreign subsidiaries,
Fast Group Deutschland AG (Germany), Airfasttickets, Ltd. (United
Kingdom), Air Fast Tickets Spolka z.o.o. (Poland), Air Fast Tickets
Ltd. (Hong Kong), and Fast Group S.A. (Greece).  It operated a
multi-national business, together with several of its wholly-owned
foreign subsidiaries.  None of the subsidiaries are a debtor in
this case.  Airfasttickets had an administrator appointed in the
United Kingdom.

Certain of Airfasttickets' creditors filed an involuntary petition
(Bankr. S.D.N.Y. Case No. 15-11951) against the Debtor seeking an
order for relief under Chapter 7 of the Bankruptcy Code on July 27,
2015.  

Pursuant to the summons issued in conjunction with the involuntary
petition, the Debtor had until Aug. 21, 2015, to respond to the
involuntary petition.  On Aug. 20, 2015, the petitioning creditors
filed a stipulation with the court extending the Debtor's time to
respond to the involuntary petition, through and including Sept.
21, 2015.  

On Sept. 21, 2015, the Debtor filed an answer, consenting to the
entry of an order for relief under the Bankruptcy Code.  The Debtor
also filed its motion to convert the Chapter 7 case to Chapter 11.
The motion to convert was filed to accomplish the Debtor's intent
to effectuate the sale at issue in the motion under Chapter 11.  On
Oct. 27, 2015, the court entered an order converting the Debtor's
case to Chapter 11 of the Bankruptcy Code.


ALLWAYS EAST: Can Get Capital Solutions Financing on Interim Basis
------------------------------------------------------------------
Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern
District of New York authorized Allways East Transportation, Inc.,
to obtain debtor-in-possession financing in the form of accounts
receivable factoring from Capital Solutions Bancorp on an interim
basis.

The Debtor was authorized to receive advances from the sale of
accounts receivable to Capital Solutions only for purposes of
attempting to renew the Yonkers contract and satisfy the El Jebel
II, LLC lien, in the maximum aggregate amount of $500,000.

Capital Solutions was granted a perfected security interest and
first priority lien in the Debtor's accounts receivable, with the
exception of its accounts receivable relating to the Debtor's
Duchess County contract.

The Debtor was authorized to use cash collateral and make payments
to Capital Solutions pursuant to the DIP Loan Documents.

In order to effectuate its reorganization, the Debtor sought to
renew its services contract with the City of Yonkers for
transportation services.  As a condition of Yonkers renewing its
services contract, the Debtor was required to post a performance
bond, for which the interim financing approved by the Court is
necessary.

Judge Drain acknowledged that it is in the best interests of the
Debtor’s estate and creditors that the Debtor be allowed to
finance its operations under the terms and conditions set forth in
the Court's Interim Order.  He further acknowledged that obtaining
a performance bond from Endurance Insurance, Inc. is necessary for
the Debtor to obtain the renewal of the Yonkers Contract.

A further hearing on the remaining issues presented in the Debtor's
Motion is scheduled on Sept. 14, 2016 at 10:00 a.m.

A full text copy of the Interim Order, dated Aug. 18, 2016, is
available at https://is.gd/kxbuW5   

                  About Allways East Transportation

Headquartered in Yonkers, New York, Allways East Transportation
Inc. filed for Chapter 11 bankruptcy protection (Bankr. S.D.N.Y.
Case No. 16-22589) on April 28, 2016, estimating its assets and
liabilities at between $1 million and $10 million each.  The
petition was signed by Marlaina Koller, vice president.

Judge Robert D. Drain presides over the case.

Erica Feynman Aisner, Esq., and Julie Cvek Curley, Esq., at
Delbello Donnellan Weingarten Wise & Wiederkehr, LLP, serves as the
Debtor's bankruptcy counsel.

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


ANDY LOPES BUILDING: Case Summary & 20 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: Andy Lopes Building Corp.
        3 South Stone Avenue
        Elmsford, NY 10523

Case No.: 16-23134

Chapter 11 Petition Date: August 19, 2016

Court: United States Bankruptcy Court
       Southern District of New York (White Plains)

Judge: Hon. Robert D. Drain

Debtor's Counsel: Michael G. McAuliffe, Esq.
                  THE LAW OFFICE OF MICHAEL G. MCAULIFFE
                  68 South Service Road, Suite 100
                  Melville, NY 11747
                  Tel: (631) 465-0044
                  Fax: (631) 465-0045
                  E-mail: mgmlaw@optonline.net

Total Assets: $1.03 million

Total Liabilities: $1.78 million

The petition was signed by Adriano Lopes, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/nysb16-23134.pdf


APPLIED MINERALS: Reports Second Quarter 2016 Financial Results
---------------------------------------------------------------
Applied Minerals, Inc., has provided financial results for the
three and six months ended June 30, 2016.

During the second quarter of 2016, the Company generated record
revenue of $1.1 million, an increase of $1.0 million when compared
to the second quarter of 2015.  The increase was driven primarily
by $1.0 million of sales of AMIRON iron oxide as part of a $5.0
million take-or-pay supply agreement entered into on Nov. 2, 2015.
Also contributing to revenue during the quarter were sales of
DRAGONITE for use in a specialty zeolite application and for use as
an additive in plastics.

On a GAAP basis, the Company incurred an operating loss of $1.1
million for the three months ended June 30, 2016, a significant
improvement when compared to the operating loss of $2.8 million in
the second quarter of 2015.  This improvement was driven by the
aforementioned increase in revenue, as well as a decrease of $0.7
million in total operating expense when compared to the second
quarter of 2015.

On a Non-GAAP basis, the Company incurred an adjusted operating
loss of $0.5 million during the second quarter of 2016, an
improvement of $1.8 million when compared to an adjusted operating
loss of $2.3 million in the second quarter of 2015.  This
improvement was driven by the aforementioned increase in revenue,
as well as a decrease of $0.8 million in adjusted total operating
expenses when compared to the second quarter of 2015.

Net loss for the quarter was $3.2 million, an increase of $0.5
million when compared to the second quarter in 2015.  The increase
in net loss was due primarily to a $0.3 million increase in PIK
Note interest expense, which the Company historically has elected
to pay in additional PIK Notes, and a $2.1 million reduction in the
non-cash gain on the revaluation of the PIK Note derivative
liability.  The PIK Notes have a conversion feature, which created
a derivative liability when the PIK Notes were issued.  The
derivative liability is revalued each quarter.  For the three
months ended June 30, 2015, the revaluation of the derivative
liability resulted in a gain of $1.3 million due to a drop in the
Company's stock price over the period.  For the three months ended
June 30, 2016 the revaluation of the derivative liability resulted
in a loss of $0.7 million due to the increase in the Company’s
stock price during the period.  The increase in net loss resulting
from the increase in interest expense and the revaluation of the
PIK Note derivative liability were partially offset primarily by a
$1.7 decrease in the Company’s operating loss.

Net loss for the six months ended June 30, 2016, was $3.7 million,
an improvement of $3.2 million when compared to the comparable
period in 2015.  The improvement in net loss was driven primarily
by a $3.1 million decline in operating loss, the absence of $0.5
million of a one-time PIK Note-related penalty expense, $0.2
million of one-time income items, partially offset by an increase
in PIK Note interest expense of $0.6 million, which the Company
historically has elected to pay in additional PIK Notes.

The overall decrease in operating expense realized during both the
three and six months ended June 30, 2016 was due primarily to a
decline in cash costs related both to the completion of certain
underground exploration activities at the Company's Dragon Mine
property during 2015 and a continued focus by management to reduce
overhead expenses at the Company's New York operations.  Management
expects further cash cost savings at its New York operation to be
realized over the coming months. Certain operating expenses related
to the fulfillment of the Company's $5.0 million take-or-pay
contract (e.g. additional labor and energy) partially offset the
cost reductions during the quarter at the Company's Utah operation.


                       Business Review

The Company believes that it is as far advanced as it has ever been
with respect to the commercialization of its DRAGONITE and AMIRON
product lines.  The Company's past product development and
marketing efforts, in conjunction with its decision to engage
top-tier distribution partners Horn, Brandt Technologies and Azelis
(formerly KODA Distribution Group), has advanced of a number of
near-term and intermediate-term commercial projects with large
customers involving applications for use in the catalyst, molecular
sieve, oilfield services, construction products, paints and
coatings, and polymer composite industries.  Certain applications,
such as DRAGONITE-based catalysts and zeolites, have a history of
commercial use.

Based on customer guidance, a number of the above-mentioned
projects present multi-million dollar revenue opportunities for the
Company. The Company believes the recent $1.64 million capital
raise, anchored by its Japanese distribution partner, Fimatec LTD,
along with its current business, provides ample liquidity to
convert certain of these large opportunities over the next 12-18
months.  If converted, these commercial opportunities have the
potential to create significant value for the Company's
stakeholders.

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

                     https://is.gd/BdM4Ya

                    About Applied Minerals

New York City-based Applied Minerals, Inc. (OTC BB: AMNL) is a
leading global producer of halloysite clay used in the development
of advanced polymer, catalytic, environmental remediation, and
controlled release applications.  The Company operates the Dragon
Mine located in Juab County, Utah, the only commercial source of
halloysite clay in the western hemisphere.  Halloysite is an
aluminosilicate clay that forms naturally occurring nanotubes.

Applied Minerals reported a net loss of $10.3 million in 2014, a
net loss of $13.06 million in 2013 and a net loss of $9.73 million
in 2012.

As of June 30, 2016, the Company had $7.75 million in total assets,
$25.10 million in total liabilities and a total stockholders'
deficit of $17.3 million.


ARIZONA ACADEMY: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Arizona Academy of Science and Technology, Inc.
        PO Box 13606
        Phoenix, AZ 85002

Case No.: 16-09573

Chapter 11 Petition Date: August 18, 2016

Court: United States Bankruptcy Court
       District of Arizona (Phoenix)

Judge: Hon. Scott H. Gan

Debtor's Counsel: Aubrey Laine Thomas, Esq.
                  DAVIS MILES MCGUIRE GARDNER, PLLC
                  9 W. Cherry Avenue, Suite B
                  Flagstaff, AZ 86001
                  Tel: 928-779-1173
                  Fax: 877-715-7366
                  E-mail: athomas@davismiles.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Grant Creech, director.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/azb16-09573.pdf


ARMADA WATER: U.S. Trustee Forms 2-Member Creditors' Committee
--------------------------------------------------------------
Judy A. Robbins, the U.S. Trustee for the Southern District of
Texas, on Aug. 18 appointed two creditors of Armada Water Assets,
Inc., et al., to serve on the official committee of unsecured
creditors.

The committee members are:

     (1) Pac-Van, Inc.
         Attn: Mike Hill
         75 Remittance Drive, Suite 3300
         Chicago, IL 60675-3300
         Tel: (317) 489-4793
         Fax: (317) 644-3135
         E-mail: mhill@pacvan.com

         Pac-Van is represented by:

         Sylvia Mayer, Esq.
         P.O. Box 6542
         Houston, TX 77265
         Tel: (713) 893-0339
         Fax: (713) 661-3738
         E-mail: smayer@smayerlaw.com

     (2) M & M Excavation Inc.
         Attn: Tamara McCurry
         1979 Three Eagles Way
         Loma, CO 81524
         Tel: (970) 216-8497
         E-mail: ironmaidencustom@outlook.com

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                       About Armada Water Assets

Armada Water Assets, Inc., and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Texas Lead
Case No. 16-60056) on May 23, 2016.  The petition was signed by Tom
Breen, chief restructuring officer.

The cases are pending joint administration before Judge David R.
Jones under proposed Lead Case No. 16-60056.

The Debtors estimated both assets and liabilities in the range of
$10 million to $50 million.


ARMSTRONG ENERGY: S&P Lowers CCR to 'CCC+', Outlook Negative
------------------------------------------------------------
S&P Global Ratings said it lowered its corporate credit rating on
U.S.-based Armstrong Energy Inc. to 'CCC+' from 'B-'.  The outlook
is negative.

At the same time, S&P lowered its issue-level rating on Armstrong's
senior secured notes to 'CCC+' from 'B-'.  S&P also revised the
recovery rating on the debt to '4' from '3', indicating its
expectation for average (30% to 50%; lower end of the range)
recovery in the event of a payment default.

"The negative outlook reflects our view that the company is likely
to pursue a distressed exchange or debt restructuring within the
next 12 months," said S&P Global Ratings credit analyst Vania
Dimova.  "We anticipate that free operating cash flow will remain
negative, which will continue to erode liquidity, and the company
disclosed that it has retained strategic advisers to explore
restructuring its debt obligations."

S&P would lower the rating if the company pursued an exchange offer
or debt restructuring or if liquidity deteriorated such that S&P
anticipated a default within 12 months without an unforeseen
positive development.

S&P would revise the outlook to stable if it believed that the
company was no longer likely to pursue a debt restructuring and
liquidity remained adequate.  This could happen if end market
demand and prices materially improve from current levels.


BBROUS2 INVESTMENTS: Taps Weinstein & St. Germain as Legal Counsel
------------------------------------------------------------------
Bbrous2 Investments, LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Louisiana to hire Weinstein & St.
Germain LLC.

The firm will serve as the Debtor's legal counsel in connection
with its Chapter 11 case.

Tom St. Germain, Esq., at Weinstein, disclosed in a court filing
that the firm does not represent any interest adverse to the
Debtor.

The firm can be reached through:

     Tom St. Germain, Esq.
     Weinstein & St. Germain, LLC
     1414 NE Evangeline Thwy.
     Lafayette, LA 70501
     Fax: (337) 235-4020
     Email: info@weinlaw.com

                    About Bbrous2 Investments

Bbrous2 Investments, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W. D. La. Case No. 16-51136) on August 16,
2016.


BLUESTEM BRANDS: S&P Affirms 'B+' CCR, Off CreditWatch Negative
---------------------------------------------------------------
S&P Global Ratings affirmed its ratings on Eden Prairie,
Minn.–based Bluestem Brands Inc., including the 'B+' corporate
credit rating, and removed them from CreditWatch with negative
implications, where S&P placed them on June 23, 2016.  The outlook
is stable.

S&P also affirmed its 'B+' issue-level rating on the company's
first-lien term loan.  The '3' recovery rating on the debt is
unchanged, indicating S&P's expectations for meaningful recovery in
the event of default, at the higher end of the 50% to 70% range.

"The affirmation reflects our belief that Bluestem will have at
least a 15% cushion of covenant compliance over the next 12 months,
excluding any quarterly seasonal volatility," said credit analyst
Samantha Stone.  "We project debt leverage will be under 4x and the
company will have sufficient liquidity for operating needs despite
our expectation that operating performance will be weaker versus
last year.  Our base-case assumptions include our belief that the
company will manage costs in light of near term top line pressures
from increased competition.  We think operating performance could
modestly improve in 2017 as management benefits from strategic
initiatives implemented this year.  The rating action also
incorporates our view that Bluestem's parent, which has roughly
$180 million of balance sheet cash as of April 29, 2016, could
support the subsidiary if it needed additional liquidity.  Still,
this is not included in our base-case scenario assumptions because
we project positive cash flows for 2016."

The stable outlook reflects S&P's expectation that the company will
maintain adequate cushion of compliance under its financial
covenants, generate positive cash flows, and keep leverage below 4x
over the next 12 months.

S&P could lower the rating if operating performance meaningfully
declines such that free cash flow approaches negative territory or
debt leverage increases more than 4x; perhaps from unsuccessful
marketing efforts to acquire new customers and/or
higher-than-expected charge offs at Bluestem Brands, which would
reduce profit sharing in the credit portfolio.

Any rating upside is highly unlikely over the next 12 months given
S&P's view that operating performance will remain under pressure
and the inherent volatility of profits in the company's business
model.  However, if S&P believes the company can demonstrate
sustained growth and stable profitability from managing its credit
exposure, S&P could revise its comparable ratings analysis to
neutral from negative and this could lead to an upgrade.


BON-TON STORES: Reports Second Quarter Fiscal 2016 Results
----------------------------------------------------------
The Bon-Ton Stores, Inc. reported operating results for its fiscal
second quarter ended July 30, 2016, and reaffirmed its earnings
guidance for the full year fiscal 2016.

Kathryn Bufano, president and chief executive officer, commented,
"We made progress on a number of our strategic initiatives during
the second quarter, although the soft mall traffic trends continued
to negatively impact our business.  Importantly, we delivered sales
gains in our key growth categories and brands, and drove
accelerated double digit growth in our omnichannel business, with a
triple digit increase on our mobile site.  In addition, we
maintained careful inventory controls, as we reduced inventory by
6% with fewer markdowns.  We also continued to make progress on our
cost savings plan."

Ms. Bufano continued, "Looking ahead, we believe that the Fall
assortment will be our best to date.  We also expect that our
omnichannel business will continue to deliver strong performance.
While we are cognizant that the operating environment remains
difficult, we believe that we are well positioned for the back half
of the year with a strong merchandising assortment, a compelling
marketing program focused on new customer acquisition, and
continued discipline in inventory management and cost controls."

Comparable store sales in the second quarter of fiscal 2016
decreased 2.0%.  Total sales in the period decreased 2.4% to $542.4
million, compared with $555.4 million in the second quarter of
fiscal 2015.  Sales increases were achieved in Activewear, Big &
Tall, Denim, Young Men's, Young Contemporary Plus, Women's Better
Handbags, Hard Home and Furniture.

The Company achieved accelerated growth in omnichannel, which
reflects sales via its website, mobile site, and its Buy Online
Pick Up In-Store and Let Us Find It initiatives, as it continued to
successfully leverage its West Jefferson facility and expanded
store-fulfillment network.

Other income in the second quarter of fiscal 2016 was $16.3
million, an increase of $0.7 million over the comparable prior year
period.  The increase was largely the result of higher revenues
associated with the Company's proprietary credit card operations.
Proprietary credit card sales, as a percentage of total sales,
increased 390 basis points to 57.1% in the second quarter of fiscal
2016.

Gross profit decreased $6.5 million to $198.1 million in the second
quarter of fiscal 2016, primarily as a result of decreased sales
volume.  The gross margin rate in the second quarter of fiscal 2016
was 36.5% of net sales as compared to 36.8% in the same quarter
last year.

Selling, general and administrative expense in the second quarter
of fiscal 2016 decreased $3.3 million, or 1.5%, to $211.9 million,
compared to the second quarter of fiscal 2015.  This was largely
due to a benefit from a mid-single digit decline in non-customer
facing store expenses, partially offset by higher medical claims,
as well as severance costs and consulting expenses associated with
the Company's cost reduction initiatives.  The SG&A expense rate in
the second quarter of 2016 was 39.1% of net sales, an increase of
40 basis points over the prior year, primarily as a result of the
decreased sales volume in the period.  Excluding the severance and
consulting costs in the second quarter of fiscal 2016, as well as
the severance costs in the second quarter of fiscal 2015, SG&A
expense in the second quarter of fiscal 2016 decreased $6.9 million
from the comparable prior year period, and the SG&A expense rate
leveraged 40 basis points, to 38.2%.

As of July 30, 2016, the Company had approximately $225 million of
borrowing capacity under its revolving credit facility and expects
to decrease debt by approximately $40 million to $50 million by the
end of the year.

For fiscal 2016, loss per diluted share is expected to be in a
range of $0.95 to $1.45.  The Company continues to expect Adjusted
EBITDA in a range of $130 million to $140 million.

As announced earlier this week, the Company successfully closed a
new $150 million ABL Term Loan that replaces the existing $100
million A-1 Tranche of the Company's credit facility and increases
the total commitment under the facility to $880 million.  The
Company will use approximately $75 million of the net proceeds to
reduce all amounts currently outstanding under the existing A-1
Tranche of its credit facility which matures in December 2018.  The
balance of the net proceeds will be used to enhance the Company's
liquidity and retire the remaining approximately $57 million of its
Senior Notes due in July 2017.

Bon-Ton Stores reported a net loss of $38.73 million on $542.36
million of net sales for the 13 weeks ended July 30, 2016, compared
to a net loss of $39.56 million on $555.43 million of net sales for
the 13 weeks ended Aug. 1, 2015.

For the 26 weeks ended July 30, 2016, the Company reported a net
loss of $76.55 million on $1.13 billion of net sales compared to a
net loss of $73.63 million on $1.16 billion of net sales for the 26
weeks ended Aug. 1, 2015.

As of July 30, 2016, the Company had $1.48 billion in total assets,
$1.52 billion in total liabilities and a total shareholders'
deficit of $38.50 million.

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

                    https://is.gd/t5KxxS

                    About Bon-Ton Stores

The Bon-Ton Stores, Inc., with corporate headquarters in York,
Pennsylvania and Milwaukee, Wisconsin, operates 270 stores, which
includes nine furniture galleries and four clearance centers, in
26 states in the Northeast, Midwest and upper Great Plains under
the Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman,
Herberger's and Younkers nameplates.  The stores offer a broad
assortment of national and private brand fashion apparel and
accessories for women, men and children, as well as cosmetics and
home furnishings.  For further information, please visit the
investor relations section of the Company's Web site at
http://investors.bonton.com.        

Bon-Ton Stores reported a net loss of $57.05 million on $2.71
billion of net sales for the fiscal year ended Jan. 30, 2016,
compared to a net loss of $6.97 million on $2.75 billion of net
sales for the fiscal year ended Jan. 31, 2015.

                           *     *     *

As reported in the TCR on Dec. 4, 2015, Moody's Investors Service
downgraded Bon-Ton Stores's Corporate Family Rating to Caa1 from
B3. The company's Speculative Grade Liquidity rating was affirmed
at SGL-2.  The rating outlook is stable.  The downgrade considers
the continuing and persistent negative pressure on Bon-Ton's
revenue and EBITDA margins which has been accelerating during the
course of fiscal 2015.

As reported by the TCR on June 29, 2016, S&P Global Ratings lowered
its corporate credit rating on the York, Pa.-based The Bon-Ton
Stores Inc. to 'CCC' from 'CCC+'.  The outlook is negative.  "The
downgrade reflects our revision of the company's liquidity to weak,
increasing refinancing risk for an upcoming debt maturity in
mid-2017, and that a default is likely within 12 months absent an
meaningful turnaround in operating results," said credit analyst
Mathew Christy.  "Our view considers the June 20, 2016,
announcement that a previously agreed upon sales-leaseback of three
company-owned stores was terminated, which we believe suggests
sustained industry weakness and operating performance for Bon-Ton."


BON-TON STORES: S&P Raises CCR to 'CCC+', Outlook Remains Negative
------------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on the York,
Pa.-based The Bon-Ton Stores Inc. to 'CCC+' from 'CCC'.  The
outlook remains negative.  

At the same time, S&P raised the issue-level rating on the
company's second-lien senior secured notes to 'CCC' from 'CCC-',
commensurate with the corporate credit rating.  The '5' recovery
rating remains unchanged, indicative of S&P's expectation for
modest recovery toward the lower end of the 10% to 30% range in the
event of a payment default or bankruptcy.

"The upgrade reflects our view of Bon-Ton's somewhat improved
liquidity after refinancing its A-1 ABL term loan tranche with an
extended maturity to March 2021 and enhanced liquidity from the
additional $50 million in borrowing capacity to address upcoming
debt maturity in 2017.  We expect the negative secular competitive
trends to persist in the remainder of 2016 and in 2017, and that
the company will continue to generate meaningful negative free
operating cash flow," said credit analyst Mathew Christy. "However,
we believe the recent refinancing of the company's ABL term loan
facility somewhat improved the company's liquidity for the next 12
months and provides the ability to pay down the
$57 million of second-lien notes maturing in 2017."

The negative outlook reflects S&P's expectation that weak operating
performance will result in meaningful negative free operating cash
flow in fiscal 2016, that could hurt the company's liquidity and
increase refinancing risk for the 2018 debt maturities.

S&P could lower the ratings if the company's liquidity conditions
deteriorate and S&P envisions a specific default scenario occurring
over the next 12 months.  This could arise if the company's
liquidity deteriorates such that it increases reliance on its
revolver to about $550 million or more on a sustained basis,
leading to a potential that the fixed charge covenant is triggered
and lead S&P to believe the company could no longer service its
interest obligations going forward.  S&P would also consider a
lower rating if the company has not made meaningful progress in
refinancing or extending the maturity in 2017 to address the
maturity of the ABL in 2018, leading the company to seek a
restructuring of its capital structure.

A higher rating is unlikely in the next 12 months given the
declining operating performance trends, an unsustainable capital
structure, and S&P's view that the company does not generate
sufficient cash flows to support its operations, interest burden,
and refinancing needs.  A positive rating action would be
predicated on a significant turnaround in operating performance,
leading to a significant improvement in the company's cash flow
generation and liquidity position.


BONANZA CREEK: S&P Lowers CCR to 'D' on Missed Interest Payment
---------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
U.S.-based oil and gas exploration and production company Bonanza
Creek Energy Inc. to 'D' from 'CCC'.

At the same time, S&P lowered its issue-level ratings on the
company's senior unsecured notes to 'D' from 'CC'.  The recovery
rating on the senior unsecured notes remains '6', indicating S&P's
expectation of negligible (0% to 10%) recovery in the event of a
payment default.

The downgrade follows Bonanza Creek's announcement that it elected
not to make the Aug. 1, 2016, interest payment on the 5.75% senior
unsecured notes due 2023.  S&P do not expect the company to make
this interest payment before the end of the 30-day grace period and
we do not envision additional interest payments on the remaining
debt.



CAESARS ENTERTAINMENT: Settles Litigation With Frederick Danner
---------------------------------------------------------------
Caesars Entertainment Corporation, Caesars Entertainment Operating
Company, Inc., a majority owned subsidiary of CEC, and Frederick
Barton Danner, a holder of CEOC's 6.50% Senior Notes due 2016 and
the plaintiff in Frederick Barton Danner v. Caesars Entertainment
Corporation and Caesars Entertainment Operating Company, Inc., No.
14-cv-7973 (S.D.N.Y.), entered into a Settlement and Forbearance
Agreement with respect to claims that Danner has or may have
against the Caesars Parties.

Danner has agreed to, among other things, (a) support the
restructuring of CEOC's indebtedness and vote in favor of the
Debtors' Second Amended Joint Plan of Reorganization and, if
applicable, a Chapter 11 plan of reorganization for CEC, (b)
support the mutual release and exculpation provisions provided in
the Plans, (c) support CEOC's motion to enjoin certain litigation
against CEC, (d) not later than three business days after the date
upon which all conditions precedent to the effectiveness of the
Plans have been satisfied, seek to dismiss with prejudice the
Danner Lawsuit and (e) forbear from exercising any default-related
rights and remedies under the indenture governing the 2016 Notes.

CEOC has agreed to, among other things, amend the CEOC Plan so as
to require Danner's consent to modify the CEOC Plan in a manner
that is materially inconsistent with respect to the treatment of
recovery of the 2016 Notes under the CEOC Plan and the Agreement
and add Danner to the definition of a "Released Party" in the CEOC
Plan.  CEC has agreed to, among other things, pay, if Class H votes
to accept the CEOC Plan, on the Effective Date a fee in cash equal
to 6.38% of the face amount of 2016 Notes held by certain holders
who complete the applicable form and subject to certain other
conditions set forth in the Agreement.  In addition, CEC and Danner
have agreed to seek to mutually stay the prosecution of the Danner
Lawsuit no later than Aug. 28, 2016.

                   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 U.S. Bankruptcy Court for the Northern District of Illinois
approved the adequacy of the disclosure statement explaining the
second amended joint Chapter 11 plan of reorganization of Caesars
Entertainment Operating Company Inc. and its debtor-affiliates.

The Court set Oct. 31, 2016, at 4:00 p.m. (prevailing Central Time)
as last day for any holder of a claim entitle to vote to accept or
reject the Debtors' plan.   

A hearing is set for Jan. 17, 2017, at 10:30 a.m. (prevailing
Central Time) in Courtroom No. 642 in the Everett McKinley Dirksen
United States Courthouse, 219 South Dearborn Street, Chicago,
Illinois, to confirm the Debtors' plan.  Objections to
confirmation, if any, are due Oct. 31, 2016, at 4:00 p.m.
(prevailing Central Time).


CEETOP INC: Incurs $92,200 Net Loss in Second Quarter
-----------------------------------------------------
Ceetop Inc. filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q disclosing a net loss of $92,200 on
$0 of sales for the three months ended June 30, 2016, compared to a
net loss of $167,00 on $0 of sales for the three months ended June
30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $181,000 on $0 of sales compared to a net loss of $288,000
on $0 of sales for the same period last year.

As of June 30, 2016, Ceetop had $1.73 million in total assets,
$371,000 in total liabilities, all current and $1.36 million in
total stockholders' equity.

For the year ended Dec. 31, 2015, MJF& Associates, APC, in Los
Angeles, California, the Company's independent auditors, in their
report on the financial statements, have indicated that the Company
has experienced recurring losses from operations and may not have
enough cash and working capital to fund its operations beyond the
very near term, which raises substantial doubt about the Company's
ability to continue as a going concern.

The Company said it is in need of capital for the implementation of
its business plan, and it will need additional capital for
continuing our operations.  

"We do not have sufficient revenues to pay our expenses of
operations.  Unless the Company is able to raise working capital,
or generate sufficient revenues, it is likely that the Company
either will have to cease operations or substantially change its
methods of operations or change its business plan," the Company
said.

The Company's quarterly report on Form 10-Q is available from the
SEC Web site at https://is.gd/qoUwpS

                     About Ceetop Inc.

Oregon-based Ceetop Inc., formerly known as China Ceetop.com,
Inc., owned and operated the online retail platform before 2013.
Due to excessive competition in online retail, the Company has
transformed itself into an integrated supply chain services
provider, and focuses on B to B supply chain management and
related value-added services among enterprises.

Ceetop reported a net loss of $600,000 on $0 of sales for the year
ended Dec. 31, 2015, compared to a net loss of $1.41 million on
$362,000 of sales for the year ended Dec. 31, 2014.


CHESAPEAKE ENERGY: Fitch Affirms 'B-' IDR, Outlook Negative
-----------------------------------------------------------
Fitch Ratings has affirmed Chesapeake Energy Corporation's
(Chesapeake; NYSE: CHK) Long-Term Issuer Default Rating (IDR) at
'B-'.  Fitch also expects to rate the company's pending
$1.5 billion senior secured term loan due 2021 'BB-/RR1'.  The
Rating Outlook is Negative.

The 'BB-/RR1' expected rating on the $1.5 billion senior secured
term loan reflects its' pari-passu security with the existing
senior secured credit facility.  The expected rating also considers
the term loan's junior position in the collateral proceeds
waterfall to the senior secured credit facility.  Proceeds from the
pending issuance are intended to be used to finance the recently
announced debt tender offers for up to $1 billion in senior
unsecured and contingent convertible senior notes, with any
remaining proceeds used for further debt repayments and other
general corporate purposes.  The tender offers give priority to
notes maturing in 2017 and 2018, and place a cap on debt subject to
the tender based on maturity/priority.

Issuance of the senior secured term loan will unfavorably impact
recoveries at the unsecured level, but the estimated enterprise
value was sufficient to affirm the senior unsecured notes at
'B-/RR4'.  Fitch recognizes that the company may issue additional
secured debt in the future that further subordinates existing
second lien and unsecured debt classes, which could result in
additional rating actions.  As defined in its amended credit
agreement, the company can incur secured debt of up to $2.5
billion.

Fitch believes that the transactions should help to further improve
the company's near-term maturity profile following the repayment of
convertibles put in November 2015, a previous debt tender offer in
December 2015, a debt retirement in March 2016, and a series of
debt-for-equity swaps during the second quarter of 2016 (2Q16).
The actions executed since 3Q15 have reduced gross debt and
improved the five-year maturity profile by approximately $3
billion.

The Negative Outlook continues to reflect the heightened need for
and execution risk related to asset sales to help bridge through
the cycle.  Fitch continues to expect the company will use its
large, diversified asset base to manage its near- and medium-term
operational and financial obligations, including its elevated
maturity profile, currently providing a limited margin of safety at
the 'B-' level.  The 2016 asset sale target was recently raised to
$2 billion from $1.2 billion-$1.7 billion with selected Haynesville
acreage expected to be sold.  Management indicated their intent to
sell approximately 150,000 net acres (95 million cubic feet [mcf]
per day of production) of its existing roughly 430,000 net acre
position in the Haynesville.

                         KEY RATING DRIVERS

Chesapeake's ratings reflect its considerable size with the
potential for more liquids-focused production, substantial asset
base, and strong operational execution and flexibility with ongoing
improvements leading to competitive production and cost profiles.
Fitch views the company's focus on completion activities, instead
of drilling, in 2016 positively.  This more closely aligns current
capital spending with production and, as a consequence, with cash
flows.

These considerations are offset by the company's levered capital
structure; continued exposure to legacy drilling, purchase, and
overriding royalty interest obligations; natural gas-weighted
profile that results in lower netbacks per barrel of oil equivalent
(boe) relative to liquid peers; and weaker realized natural gas
prices after differentials are incorporated.  Fitch recognizes,
however, that Chesapeake has made significant progress in its
financial and operational deleveraging efforts since 2013,
including the recently announced Barnett Shale conveyance and
Mid-Continent renegotiation that management expects to improve
midstream gathering, processing, and transportation expenses,
albeit at an upfront cash cost of approximately $400 million.

The company reported year-end 2015 net proved reserves of over
1.5 billion boe, which is a year-over-year reduction of
approximately 39% mainly due to price-related reserve revisions.
Production continues to show activity- and asset sale-related
declines at approximately 658 thousand boe per day (mboepd; 25%
liquids) resulting in a quarter-over-quarter decline of 2%.

Fitch estimates Chesapeake's balance sheet debt/EBITDA to be
approximately 7.2x for the latest 12 months ended June 30, 2016,
compared to 3.9x and 2.6x for the years ended Dec. 31, 2015, and
2014, respectively.  Fitch calculated debt/flowing barrel metrics
were over $19,200 as of June 30, 2016.  Fitch's base case currently
forecasts debt/EBITDA of approximately 8.5x in 2016. This assumes
the completion of an additional $1 billion (total
$2 billion for 2016) in asset sales limiting the need for credit
facility borrowings.  Upstream leverage metrics are projected to
remain relatively steady through 2016.

                          KEY ASSUMPTIONS

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

   -- Base case WTI oil price that trends up from $42/barrel in
      2016 to a long-term price of $65/barrel;
   -- Base case Henry Hub gas that trends up from $2.35/mcf in
      2016 to a long-term price of $3.25/mcf;
   -- Production of approximately 625 mboepd and 547 mboepd in
      2016 and 2017, respectively;
   -- Liquids mix declines to 25% in 2016 followed by an
      improvement to 27% in 2017;
   -- Differentials are projected to exhibit improving trends over

      the near- and medium-term due to recent gathering,
      processing, and transportation cost relief and some
      Marcellus basis tightening;
   -- Capital spending is forecast to be $1.25 billion and $2
      billion in 2016 and 2017, respectively;
   -- Asset sales of $2 billion assumed to be completed in 2016
      followed by a robust level of asset sales over the next
      couple of years;
   -- Continued suspension of preferred and common dividends
      medium-term;
   -- No increase in long-term balance sheet debt assumed.

                      RATING SENSITIVITIES

Positive: No upgrades are currently contemplated given weakening
credit metrics associated with low oil & gas prices.  Future
developments that may, individually or collectively, lead to a
positive rating action include:

For an upgrade to 'B':

Maintenance of size, scale, and diversification of Chesapeake's
operations with some combination of these metrics:

   -- Mid-cycle balance sheet debt/EBITDA under 6.0x-7.0x on a
      sustained basis;
   -- Balance sheet debt/flowing barrel under $40,000 - $45,000 on

      a sustained basis;
   -- Continued progress in materially reducing adjusted debt
      balances and simplifying the capital structure;
   -- Improvements in realized oil & gas differentials.

To resolve the Negative Outlook at 'B-':

   -- Asset sale execution that alleviates the company's near-term

      reliance on its revolving credit facility to help fund FCF
      deficits;
   -- Improving oil & gas price environment and sufficient
      liquidity to help address escalating maturities profile;
   -- Mid-cycle balance sheet debt/EBITDA under 7.0x-8.0x on a
      sustained basis;
   -- Balance sheet debt/flowing barrel under $45,000 - $50,000 on

      a sustained basis.

Negative: Future developments that may, individually or
collectively, lead to a negative rating action include:

   -- Mid-cycle balance sheet debt/EBITDA above 8.0x on a
      sustained basis;
   -- Balance sheet debt/flowing barrel over $55,000 on a
      sustained basis;
   -- An unwillingness or inability to execute asset sales, if
      necessary, to help address forecasted FCF shortfalls and
      debt maturities;
   -- A persistently weak oil & gas pricing environment that
      impairs the longer-term value of Chesapeake's reserve base.

                            LIQUIDITY

Cash & equivalents, as of June 30, 2016, were approximately
$4 million.  Additional liquidity is provided by the company's
amended $4 billion senior secured credit facility ($3.1 billion
available as of June 30, 2016) due December 2019.  The next
borrowing base redetermination date was rescheduled and postponed
until June 2017.

Chesapeake, as of Aug. 4, 2016, has hedged about 75% of its
projected oil and natural gas production for the remainder of 2016,
or approximately 12.1 mmboe and 373 Bcf, at approximately
$46.60/barrel and $2.77/mcf, respectively.  The company has also
been adding 2017 oil and natural gas hedges for approximately 7.7
mmboe and 290 Bcf at approximately $47.79/barrel and $3/mcf,
respectively.

                    EVOLVING MATURITIES PROFILE

The company has an escalating maturities profile with approximately
$1.4 billion, $850 million, $1 billion, and
$1.1 billion due between 2017 and 2020.  These amounts include the
approximately $730 million and $315 million in contingent
convertible senior notes with holders' demand repurchase dates in
May 2017 and December 2018, respectively.  If oil & gas prices
remain depressed in the medium term, Fitch believes it is likely
that the contingent convertible senior notes holders will exercise
their demand rights for a cash repurchase given the five-year
demand repurchase date schedule and considerable spread between the
current stock price and conversion threshold.  The recently
announced debt tenders should help to further improve the company's
near-term maturity profile.

           SUSPENDED AND MODIFIED MAINTENANCE COVENANTS

Financial covenants, as defined in the amended credit facility
agreement, have been suspended until September 2017 with the
exception of the interest coverage ratio.  The coverage ratio was
reduced to 0.65x through March 2017, increasing to 0.7x through
June 2017, and reverting to 1.2x in September 2017 and to 1.25x
thereafter.  During the covenant suspension period, Chesapeake has
agreed to maintain a minimum liquidity amount of $500 million that
increases to $750 million if collateral coverage falls below 1.1x
as of Dec. 31, 2016.  Other customary covenants across debt
instruments restrict the ability to incur additional liens, make
restricted payments, and merge, consolidate, or sell assets, as
well as change in control provisions.  The company also has
amended, under the terms of the credit agreement, its ability to
incur secured debt to up to $2.5 billion.

FULL LIST OF RATING ACTIONS

Chesapeake Energy Corporation

   -- Long-Term IDR affirmed at 'B-';
   -- Senior secured bank facility affirmed at 'BB-/RR1';
   -- Senior secured term loan expected to rate at 'BB-/RR1';
   -- Senior secured second lien notes affirmed at 'B+/RR2';
   -- Senior unsecured notes affirmed at 'B-/RR4';
   -- Convertible preferred stock affirmed at 'CCC/RR6'.

The Rating Outlook is Negative.


CITIZENS FINANCIAL: Fitch Affirms 'BB-' Pref. Stock Rating
----------------------------------------------------------
Fitch Ratings has affirmed the Long-Term and Short-Term Issuer
Default Ratings of Citizens Financial Group, Inc. (CFG) and its
subsidiaries at 'BBB+' and 'F2', respectively.  The Rating Outlook
is Stable.  CFG's Viability Rating (VR) has also been affirmed at
'bbb+'.

KEY RATING DRIVERS

VRs, IDRs and Senior Unsecured Debt

The affirmation of CFG's IDR and VR is primarily supported by a
solid capital profile.  At June 30, 2016, CFG's estimated CET1 was
11.5%, around 70bps better than the large regional peer average.
The company has a CET1 target of 11%, which is considered
appropriate given weaker capital generation capabilities relative
to peers.  Over the long term, Fitch expects that the large
regionals banks will manage their CET1 to between 8% and 9.5%.
Fitch expects CFG's capital ratios will also decrease over time,
but believes the company will remain appropriately capitalized for
its risk profile.

CFG's ratings also incorporate the company's clearly articulated
and well-defined strategy, originally laid out in 2014.  The bank
continues to make progress towards meeting these initiatives.  As
an example, CFG now has a greater diversification between
commercial and consumer loans, with a 48%/52% split, compared to
45%/55% a few years ago.

CFG also reported that the bank is on track with its TOP II expense
initiative plan which is expected to deliver $95 million to $100
million in pre-tax earnings benefit in 2016, and recently announced
a new TOP III efficiency program focused on expense, revenue, and
tax initiatives.  Roughly a third of the TOP III savings will come
from staff reductions in non-revenue-generating areas.  CFG is
targeting a 2017 pre-tax run-rate benefit of $90 million to $110
million from TOP III.

Upward ratings momentum for CFG will emerge over time as the
company successfully executes on its strategic initiatives and
improves its operating performance.  Positively, quarterly ROA in
the second quarter 2016 (2Q16) improved 13bps from a year ago.

Despite this improvement, CFG's earnings profile remains a key
ratings constraint.  CFG's reported ROA in 2Q16 was 69bps, well
below the large regional peer median of approximately 100bps. CFG's
profitability lags its large regional peers primarily due to lower
loan yields, as well as lower relative fee income.

CFG's ability to align its fee revenue generation with those of its
large regional peers remains a key strategic focus.  Fitch notes
that CFG has taken steps to improve this metric, including growing
its capital markets and wealth management platforms.  In mid-May,
CFG rolled out broker-dealer capabilities, which also aided growth
in noninterest income from 1Q16.  Fitch expects fee revenue as a
percentage of total income to remain below the peer median at least
over the near term.  Following the recent movement on the long-end
of the curve, it also appears likely that rates will remain lower
longer, providing less hope for an earnings tailwind for
asset-sensitive banks, like CFG.

Incorporated in today's rating action, Fitch notes that CFG has
also significantly grown certain loan categories over the past
couple of years, including CRE and student lending, amidst a
competitive lending environment.

Some of the CRE loan growth is attributed to restrictions on CRE
lending placed on the company in the past by its former parent, The
Royal Bank of Scotland Group plc.  The company is also trying to
achieve a better balance in its loan mix, with less concentration
in consumer loans.  With 37% growth in CRE loans over the past two
years as of June 30, 2016, the loan mix is more evenly balanced
than in the past.  However, this level of loan growth outpaced
peers, and is in the context of relatively low economic growth.  To
date, credit quality in the CRE book remains manageable with less
than 1% on non-accrual status, but warrants monitoring, given its
growth.

Student lending continues as an area of growth management intends
to focus on.  Fitch notes education lending balances are growing
from smaller balances, and now comprise 5% of total loans.  CFG
offers both undergraduate primarily parent-guaranteed financing and
graduate loan refinancing products.  Credit risk remains benign.
Fitch expects that loan losses will deteriorate from their
unsustainably low levels for CFG, and the industry.

Automobile lending growth on average has also been strong, up 33%
over the past two years, though it has slowed somewhat over the
past 12 months.  CFG has recently identified automobile lending as
an area where it will reduce capital allocation, which Fitch views
as prudent given the very competitive environment in the asset
class.  Average auto loan balances increased 1.3% in 2Q16.  Through
June 30, 2016, annualized net charge-offs remained modest at just
41bps in 2Q16.

In terms of CFG's overall asset quality, CFG's nonperforming assets
are slightly higher than the large regional peer median, primarily
attributed to large balances of residential mortgage and home
equity problem assets.  Despite higher problem asset balances, loan
losses remain low, and in line with the peer median.

With regard to energy-related exposure, CFG's is modest at just
1.8% of total loans.  However, Fitch notes its reserves are among
the lowest of the peer group, while 77% of its energy portfolio is
rated below-investment grade.  Partially offsetting this, CFG's
forecasted loan losses under the Dodd-Frank severely adverse
scenario were the fourth lowest of the peer group, and Fitch views
limited credit risk in the securities portfolio, with over 90% of
the portfolio in either Treasury or Agency securities.

CFG's funding profile is roughly in line with peers, though does
include a higher loan-to-deposit ratio.  Fitch notes less reliance
on short-term borrowings from a year ago, and demonstrated access
to capital markets through several debt issuances since Fitch's
last review.  CFG maintains a strong presence in its core operating
footprint, ranking in the top 3 for deposit market share in Rhode
Island, New Hampshire, Massachusetts, and Pennsylvania.

Given the make-up of the large regional bank balance sheets, all 15
of the banks have relatively high liquidity subcomponents ratings,
with an implied midpoint floor of 'a-' for these institutions.  In
addition to strong deposit market shares in their operating
footprints, CFG, along with its peers, has multiple sources of
funding, including issuance in the capital markets, FHLB advances,
and brokered deposits.

Finally, as also reflected in the company's ratings, some legacy
regulatory matters have yet to be resolved.  Namely, the OCC
determined that CBNA no longer meets the specific conditions to own
a financial subsidiary, that the bank must be both well-capitalized
and well-managed.  CBNA was well-capitalized at
March 31, 2016.  CFG is in the process of remediating these
findings, but there has not yet been a further update.

                         SUPPORT RATING

The IDRs and VRs do not incorporate any support.  In Fitch's view,
CFG is not systemically important and therefore, the probability of
support is unlikely.

            SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

CFG's subordinated debt is notched one level below its VR of 'bbb+'
while CFG's preferred stock is notched five levels below its VR.
Subordinated debt is rated one notch below the VR for loss
severity, reflecting below average recoveries.  Preferred stock is
rated five notches below the VR, twice for loss severity,
reflecting poor recoveries as the instruments can be converted to
equity or written down well ahead of resolution.  In addition, they
are also notched down three times for non-performance risk,
reflecting fully discretionary coupon omission.

These ratings are in accordance with Fitch's criteria and
assessment of the instruments' non-performance and loss severity
risk profiles and have thus been affirmed due to the affirmation of
the VR.

              LONG- AND SHORT-TERM DEPOSIT RATINGS

The uninsured deposit ratings of Citizens Bank, N.A. and Citizens
Bank of Pennsylvania are rated one notch higher than CFG's IDR and
senior unsecured debt because U.S. uninsured deposits benefit from
depositor preference.  U.S. depositor preference gives deposit
liabilities superior recovery prospects in the event of default.

                         HOLDING COMPANY

The IDR and VR of CFG are equalized with its two operating
companies, Citizens Bank, N.A. and Citizens Bank of Pennsylvania,
reflecting its role as a bank holding company, which is mandated in
the U.S. to act as a source of strength for its bank subsidiaries.

                      RATING SENSITIVITIES

VR, IDRs and Senior Unsecured Debt

Fitch views CFG's VR as currently solidly situated, though we
expect more ratings upside over the medium- to long-term than
downside risk.

Positive rating momentum would be predicated on CFG improving
profitability commensurate with higher-rated large regional peers,
while maintaining disciplined growth and consistent underwriting
standards.

CFG may also be upgraded with greater execution on its strategic
priorities, along with greater seasoning in its recent loan growth
without incurring outsized loan losses that exceed peer or industry
averages.

Conversely, deterioration in asset quality or aggressively managing
down capital are factors that could lead to negative ratings
pressure.  Current ratings reflect Fitch's view that there will
continue to be some declines in CFG's capital profile, but that it
will be maintained at generally above peer levels to compensate for
lower capital generation capabilities.

It is not anticipated that CFG will pursue a large bank M&A
transaction, but any individual transaction would be evaluated for
its impact on the company's capital, and risk profile.

                             SUPPORT

Since CFG's Support and Support Rating Floors are now '5' and 'NF',
respectively, there is limited likelihood that these ratings will
change over the foreseeable future.

            SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

The ratings for CFG and its operating companies' subordinated debt
and preferred stock are sensitive to any change to CFG's VR.

               LONG- AND SHORT-TERM DEPOSIT RATINGS

The long-and short-term deposit ratings for Citizens Bank, N.A. and
Citizens Bank of Pennsylvania are sensitive to any change to CFG's
Long- and Short-Term IDR.

                          HOLDING COMPANY

Fitch could notch the holding company's ratings from the operating
companies if holding company liquidity were to deteriorate
materially and raise concerns as to the parent's ability to meet
its obligations.

The rating actions are:

Citizens Financial Group, Inc.
   -- Long-Term IDR affirmed at 'BBB+'; Outlook Stable;
   -- Short-Term IDR affirmed at 'F2';
   -- Viability rating affirmed at 'bbb+';
   -- Subordinated debt affirmed at 'BBB';
   -- Preferred stock affirmed at 'BB-';
   -- Senior debt affirmed at 'BBB+';
   -- Support rating affirmed at '5';
   -- Support rating floor affirmed at 'NF.'

Citizens Bank, NA
   -- Long-Term IDR affirmed at 'BBB+'; Outlook Stable;
   -- Short-Term IDR affirmed at 'F2';
   -- Viability rating affirmed at 'bbb+';
   -- Support rating affirmed at '5';
   -- Long-term deposits affirmed at 'A-';
   -- Senior unsecured affirmed at 'BBB+';
   -- Short-term deposits affirmed at 'F2';
   -- Support rating floor affirmed at 'NF.'

Citizens Bank of Pennsylvania
   -- Long-Term IDR affirmed at 'BBB+'; Outlook Stable;
   -- Short-Term IDR affirmed at 'F2';
   -- Viability rating affirmed at 'bbb+';
   -- Support rating affirmed at '5';
   -- Long-term deposits affirmed at 'A-';
   -- Short-term deposits affirmed at 'F2';
   -- Support rating floor affirmed at 'NF.'


CLAIRE'S STORES: S&P Lowers CCR to 'CC', On CreditWatch Negative
----------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
Florida-based Claire's Stores Inc. to 'CC' from 'CCC-' and placed
it on CreditWatch with negative implications.

S&P affirmed the 'C' issue-level rating on the senior secured
second-lien debt and senior unsecured debt facilities and placed
them on CreditWatch negative.  The recovery rating is '6',
indicating S&P's expectations for negligible recovery in the event
of a default.

S&P's 'CCC-' issue-level rating on the company's senior secured
first-lien debt facilities is unchanged.  The recovery rating
remains '3'.

"On Aug. 12, 2016, Claire's announced an exchange offer for any and
all of $450 million 8.875% senior secured second lien notes due
2019, $320 million 7.750% senior notes due 2020, and
$26.5 million 10.500% senior subordinated notes due 2017 for new
term loans that mature in 2021.  The company also plans to
refinance its existing $110 million U.S. revolving credit facility
due 2017 and extend the maturity to 2019," said credit analyst
Samantha Stone.  "The consummation of the exchange offer is subject
to among other factors, the completion of the U.S. revolver
refinancing and consent from the European revolving credit facility
lender or a refinancing of the facility.  The early participation
deadline is Aug. 25, 2016, with a final expiration date of Sept. 9,
2016, unless extended."

S&P is placing its ratings on CreditWatch with negative
implications because S&P expects to lower the issuer credit rating
to 'SD' and the rating on the affected debt facilities to 'D' upon
completion of the exchange offer.

Following the consummation of the exchange and downgrade to
default, S&P plans to re-assess the company's capital structure,
liquidity assessment, earnings profile and update the recovery
ratings profile.


COATES INTERNATIONAL: Issues $41K Promissory Note to GW Holdings
----------------------------------------------------------------
Coates International, Ltd. on Aug. 15, 2016, received proceeds of
$37,000, net of financing costs of $4,000, from a Securities
Purchase Agreement and related convertible promissory note, dated
Aug. 15, 2016, in the face amount of $41,000 issued to GW Holdings
Group LLC, an independent third party accredited investor.

The Promissory Note matures in August 2017 and provides for
interest at the rate of 10% percent per annum.  The Note may be
converted into unregistered shares of the Company's common stock,
par value $0.0001 per share, at the Conversion Price, as defined,
in whole, or in part, at any time beginning 180 days after the date
of the Note, at the option of the Holder.  All outstanding
principal and unpaid accrued interest is due at maturity, if not
converted prior thereto.

The Conversion Price will be equal to 62% multiplied by the Market
Price, as defined.  The Market Price will be equal to the lowest
trading price of the Company's common stock on the OTC Pink during
the 25 trading-day period ending one trading day prior to the date
of conversion by the Holder.  The Holder 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.

This note may be prepaid during the first six months by paying a
prepayment penalty 50%.  The Company has reserved 550,000,000
shares of its unissued common stock for potential conversion of the
convertible note.

The convertible promissory note was privately offered and sold to
the Holder in reliance on specific exemptions from the registration
requirements of the United States federal and state securities laws
which the Registrant believes are available to cover this
transaction based on representations, warranties, agreements,
acknowledgements and understandings provided to the Company by the
Holder.

                         About Coates

Based in Wall Township, N.J., Coates International, Ltd.
(OTC BB: COTE) -- http://www.coatesengine.com/-- was
incorporated on Aug. 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.

Coates International reported a net loss of $10.2 million on
$94,200 of total revenues for the year ended Dec. 31, 2015,
compared to a net loss of $12.8 million on $19,200 of
total revenues for the year ended Dec. 31, 2014.

As of March 31, 2016, Coates had $2.42 million in total assets,
$7.56 million in total liabilities, and a total stockholders'
deficiency of $5.14 million.

Cowan, Gunteski & Co., P.A., in Tinton Falls, New Jersey, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company continues to have negative cash flows from operations,
recurring losses from operations, and a stockholders' deficiency.
These conditions raise substantial doubt about its ability to
continue as a going concern.


CODA OCTOPUS: Incurs $1.8 Million Net Loss in Fiscal 2010
---------------------------------------------------------
Coda Octopus Group, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$1.77 million on $11.5 million of net revenue for the year ended
Oct. 31, 2010, compared to a net loss of $9.43 million on $13.2
million of net revenue for the year ended Oct. 31, 2009.

As of Oct. 31, 2010, Coda Octopus had $9.72 million in total
assets, $22.8 million in total liabilities and a total
stockholders' deficit of $13.03 million.

For the fiscal year ended Oct. 31, 2010, the Company had an
accumulated deficit of $59.3 million, negative working capital of
$16.9 million, a stockholders' deficit of $13.04 million and
generated a deficit in cash flow from operations of $256,415 in the
2010 period.  The Company has been dependent upon the ability to
generate revenue from the sale of its products and services and the
discretion of the note holder to release cash to cover operations
under the Cash Control Framework Agreement.  This facility provided
a debtor book financing package to allow the Company to obtain up
to $2.15 million in working capital against the security in and/or
over the receivables.  This agreement was terminated in March
2011.

The Company's Annual Report on Form 10-K is available from the SEC
Web site at https://is.gd/w2LIgv

                        About Coda Octopus

Headquartered in Lakeland, Florida, Coda Octopus Group, Inc., was
formed under the laws of the State of Florida in 1992.  The Company
is a developer of underwater technologies and equipment for
imaging, mapping, defense and survey applications.  The Company's
subsidiaries are based in Florida, Utah, United Kingdom, Australia
and Norway.


COMPANION DX: Hires Fuquay as Chief Restructuring Officer
---------------------------------------------------------
Companion DX Reference Lap, LLC, seeks authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ Wayne
Fuquay as chief restructuring officer to the Debtor.

Companion DX requires Fuquay to:

   a. act as the Debtor's CRO until further order of the Court;

   b. be the sole signatory on the Debtor's DIP Payroll Account,
      and the DIP Operating Account, and any other pre-petition
      or post-petition accounts of the Debtor until further order
      of the Court;

   c. take control of all passwords for any electronic banking of
      the Debtor, and to immediately changes such passwords so
      that the CRO is the only party who has access to the
      Debtor's electronic banking, such procedure to remain in
      effect pending further order of the Court;

   d. subject to the budget approved by the Court, and to pending
      further order of the Court, to exercise sole authority to
      manage the business affairs of the Debtor, including,
      without limitation:

      i.   make all decisions regarding the hiring and firing of  
           personnel;

      ii.  to make all decisions regarding the purchase of
           inventory, equipment and supplies, and the terms of
           disbursements made by the Debtor for same;

      iii. make all decisions regarding the expenses incurred by
           the Debtor, and the terms of disbursement made by the
           Debtor for same;

      iv.  make all decisions regarding the shipping, pricing and
           invoicing of finished project;

      v.   make all decisions regarding the maintenance of
           quipment and the Debtor's manufacturing facility;

   e. make all reasonable efforts to consult with the Debtor's
      chief financial officer, H. Rey Stroube IV, and Debtor's
      bankruptcy counsel and any committee of creditors appointed
      by the Court.

   f. make all reasonable efforts to present to the UST all
      information required for the Initial Debtor's Conference;

   g. make all reasonable effort to assist the Debtor and its
      bankruptcy counsel in preparing and filing Schedules and
      Statement of Financial Affairs on a timely basis; and

   h. make all reasonable efforts to assist the Debtor and its
      bankruptcy counsel in preparing and filing monthly
      operating reports on a timely basis; and

   i. cause the Debtor to pay all UST Quarterly fees on a timely
      basis.

Fuquay will be paid $18,000 per month and will receive a $25,000
bonus when the plan is funded. This bonus is to make up for the
difference in his hourly billing rate of $250 per hour.

Fuquay will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Wayne Fuquay assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Fuquay can be reached at:

     Wayne Fuquay
     Richmond, TX
     Tel: (281) 341-1727

                       About Companion DX Reference Lab, LLC

Companion DX Reference Lab, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. S.D.Tex. Case No. 16-33427) on July 5, 2016.  The
Hon. Marvin Isgur presides over the case. Pendergraft & Simon, LLP,
represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $10 million to $50 million in liabilities. The petition
was signed by Michael Stewart, chief executive officer.



CUSTOM ECOLOGY: S&P Affirms 'CCC+' CCR, Off CreditWatch
-------------------------------------------------------
S&P Global Ratings said that it has affirmed all of its ratings on
Mabelton, Ga.-based Custom Ecology Inc., including S&P's 'CCC+'
corporate credit rating, and removed the ratings from CreditWatch,
where S&P placed them with negative implications on June 16, 2016.
The outlook is negative.

Subsequently, S&P withdrew all of its ratings on the company
because S&P received a withdrawal request from the issuer and it
had concerns related to the timely receipt of relevant information.


CWS ENTERPRISES: Plan Administrator Taps Coldwell as Broker
-----------------------------------------------------------
David Flemmer seeks approval from the U.S. Bankruptcy Court for the
Eastern District of California to hire Coldwell Banker Commercial
Valley Brokers.

Mr. Flemmer, the official appointed as administrator under CWS
Enterprises Inc.'s court-approved restructuring plan, tapped the
firm in connection with the sale of a real property owned by the
company.

The property consists of 360 acres of agricultural land located
along Pennington Road in Live Oak, California.

The firm will get a commission of up to 6% of the sale price.

Coldwell Banker has no disqualifying connections preventing the
firm from representing the plan administrator, according to court
filings.  

Mr. Flemmer is represented by:

     Daniel L. Egan, Esq.
     Steven J. Williamson, Esq.
     Wilke, Fleury, Hoffelt, Gould & Birney LLP
     400 Capitol Mall, 22nd Floor
     Sacramento, CA 95814
     Tel: (916) 441-2430
     Fax: (916) 442-6664
     Email: degan@wilkefleury.com  
            swilliamson@wilkefleury.com

                      About CWS Enterprises

CWS Enterprises Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E. D. Calif. Case No. 09-26849) on April 2,
2009.  

On April 16, 2012, the court confirmed the Debtor's Chapter 11 plan
of reorganization.  David Flemmer was appointed as plan
administrator.


D&H MACHINE SERVICE: Can Get Up to $60K Credit From Brian Hillard
-----------------------------------------------------------------
Judge Suzanne H. Bauknight of the U.S. Bankruptcy Court for the
Eastern District of Tennessee authorized D&H Machine Service, Inc.
to obtain secured credit from its principal, Brian Hillard.

The Debtor was authorized to obtain a line-of-credit not to exceed
the amount of $60,000 from Mr. Hillard.  The line-of-credit will be
secured by all the Debtor's assets, including machinery, inventory,
work-in-process and accounts receivable, and cash, but subordinate
to prepetition liens, if any, reserving any issue to contest the
extent, validity, or priority of such lien.

A full text copy of the Order, dated Aug. 18, 2016, is available at
https://is.gd/TL56Zm

                   About D&H Machine Service

D&H Machine Service, Inc., filed a chapter 11 petition (Bankr. E.D.
Tenn. Case No. 16-30308) on Feb. 9, 2016.  The petition was signed
by Brian Hillard, president.  The Debtor is represented by Dean B.
Farmer, Esq., at Hodges, Doughty & Carson, PLLC.  The Debtor
estimated assets at $500,001 to $1 million and liabilities at
$100,001 to $500,000.


DIFFUSION PHARMACEUTICALS: Effects 1-for-10 Reverse Stock Split
---------------------------------------------------------------
Diffusion Pharmaceuticals Inc. filed a Certificate of Amendment to
its Certificate of Incorporation, as amended, with the Secretary of
State of the State of Delaware to effect a 1-to-10 reverse stock
split of the shares of the Company's common stock, par value $0.001
per share.  The Amendment became effective at 5:09 p.m. on Aug. 17,
2016.

As set forth in the Company's Current Report on Form 8-K filed with
the Securities and Exchange Commission on July 22, 2016, at the
Company's 2016 Annual Meeting of Stockholders on July 21, 2016, the
Company's stockholders approved the Amendment and the Reverse Stock
Split at a ratio of not less than 1-to-2 and not greater than
1-to-20, with the exact ratio and effective time to be determined
by the Company's Board of Directors, if at all. Thereafter, the
Board determined to effect the Reverse Stock Split at a ratio of
1-to-10 and authorized the filing of the Amendment.

As a result of the Reverse Stock Split, every ten shares of Common
Stock outstanding immediately prior to the Reverse Stock Split were
reclassified and combined into one share of Common Stock. Beginning
with the opening of trading on Aug. 19, 2016, the Common Stock was
available for trading on the OTC Markets Group on a Reverse Stock
Split adjusted basis with a new CUSIP number, 253748 206.

No fractional shares were issued in connection with the Reverse
Stock Split.  Stockholders who otherwise would have been entitled
to receive fractional shares of Common Stock had their holdings
rounded up to the next whole share.  Proportional adjustments will
be made to the Company's outstanding warrants, stock options and
other equity securities and to the Company's 2015 Equity Incentive
Plan, as amended, to reflect the Reverse Stock Split, in each case,
in accordance with the terms thereof.

                About Diffusion Pharmaceuticals

Diffusion Pharmaceuticals, as surviving entity in its merger with
RestorGenex, is a clinical stage biotechnology company focused on
extending the life expectancy of cancer patients by improving the
effectiveness of current standard-of-care treatments including
radiation therapy and chemotherapy.  Diffusion is developing its
lead drug, trans sodium crocetinate (TSC), for use in the many
cancer types in which tumor hypoxia (oxygen deprivation) is known
to diminish the effectiveness of current treatments.  TSC targets
the cancer's hypoxic micro-environment, re-oxygenating
treatment-resistant tissue and making the cancer cells more
vulnerable to the therapeutic effects of treatments such as
radiation therapy and chemotherapy, without the apparent addition
of any serious side effects.  TSC has potential application in
other indications involving hypoxia, such as stroke and
neurodegenerative diseases.

Diffusion reported a net loss of $23.8 million on $0 of revenues
for the year ended Dec. 31, 2015, compared to a net loss of $14.4
million on $0 of revenues for the year ended Dec. 31, 2014.

Deloitte & Touche LLP, in Chicago, Illinois, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company's recurring
losses from operations and its present financial resources raise
substantial doubt about its ability to continue as a going concern.


DIGIPATH INC: CEO Reports 11.8% Equity Stake as of June 21
----------------------------------------------------------
In a Schedule 13D filed with the Securities and Exchange
Commission, Joseph J. Biancom, chief executive officer of DigiPath,
Inc., disclosed that as of June 21, 2016, he beneficially owned
2,875,000 shares of common stock of DigiPath.  The Shares consist
of (i) 500,000 shares of Common Stock held by a corporation
wholly-owned by the Reporting Person, and (ii) 2,375,000 shares of
Common Stock currently issuable under the Option.  Based on
22,071,041 shares of Common Stock issued and outstanding as of Aug.
12, 2016, the 2,875,000 shares of Common Stock beneficially owned
by the Reporting Person constitute 11.8% of the outstanding shares
of Common Stock.  A full-text copy of the regulatory filing is
available for free at:

                   https://is.gd/bDRnyo

                      About DigiPath

DigiPath, Inc., was incorporated in Nevada on Oct. 5, 2010.
DigiPath and its subsidiaries support the cannabis industry's best
practices for reliable testing, cannabis education and training,
and brings unbiased cannabis news coverage to the cannabis
industry.

The Company reported a net loss of $4.33 million for the year ended
Sept. 30, 2015, compared to a net loss of $2.83 million for the
year ended Sept. 30, 2014.

As of June 30, 2016, DigiPath had $1.46 million in total assets,
$105,900 in total liabilities and $1.35 million in total
stockholders' equity.

Anton & Chia, LLP, in Newport Beach, CA, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2015, noting that the Company has recurring losses
and insufficient working capital, which raises substantial doubt
about its ability to continue as a going concern.


DOMINION STEEL: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Dominion Steel Specialties, Inc.
        5301 Polk St., Bldg. 18
        Houston, TX 77023

Case No.: 16-34107

Chapter 11 Petition Date: August 18, 2016

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Hon. David R Jones

Debtor's Counsel: Kimberly Anne Bartley, Esq.
                  WALDRON & SCHNEIDER, L.L.P.
                  15150 Middlebrook Drive
                  Houston, TX 77058
                  Tel: 281-488-4438
                  Fax: 281-488-4597
                  E-mail: kbartley@ws-law.com

Total Assets: $3.39 million

Total Liabilities: $3.09 million

The petition was signed by Robert R. Comeaux, Jr., president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/txsb16-34107.pdf


EFT HOLDINGS: Incurs $1.16 Million Net Loss in Second Quarter
-------------------------------------------------------------
EFT Holdings, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.16 million on $92,700 of net total revenues for the three
months ended June 30, 2016, compared to a net loss of $1.43 million
on $100,400 of net total revenues for the three months ended June
30, 2015.

As of June 30, 2016, EFT Holdings had $14.5 million in total
assets, $14.9 million in total liabilities and a total deficiency
of $429,000.

"The Company's products are sensitive to business and personal
discretionary spending levels and tend to decline or grow more
slowly during economic downturns, including downturns in any of the
Company's major markets.  The current worldwide downturn is
expected to adversely affect the Company's sales and liquidity for
the foreseeable future.  Although the Company has mitigated
decreases in sales by lowering its levels of inventory to preserve
cash on hand, the Company does not know when the downturn will
subside and when consumer spending will increase from its current
depressed levels.  Even if consumer spending increases, the Company
is not sure when consumer spending will increase for its products,
which will affect its liquidity.

"The global economy is currently undergoing a period of
unprecedented volatility, and the future economic environment may
continue to be less favorable than that of recent years.  This has
led, and could further lead, to reduced consumer spending, and
which may affect adversely spending on nutritional and beauty
products and other discretionary items, such as the Company's
products.  In addition, reduced consumer spending may force the
Company and its competitors to lower prices. These conditions may
adversely affect the Company's revenues and profits.  In addition,
the Company expects future operations to be affected by ToByTo'
marketing and distribution of EFT phones, eZGT's marketing of the
travel program and the Company's water bottling operations.

"There is substantial doubt about the Company's ability to continue
as a going concern as the continuation of the Company's business is
dependent upon obtaining further long-term financing. The issuance
of additional equity securities by the Company could result in a
significant dilution of the equity interests of its current
shareholders.  Obtaining commercial loans, assuming those loans
would be available, will increase the Company's liabilities and
future cash commitments," the Company said in the filing.

The Company's quarterly report on Form 10-Q is available from the
SEC website at https://is.gd/iH9H7L

                        About EFT Holding

California-based EFT Holdings, Inc., is primarily an e-Business
company designed around the "Business-to-Customer" concept, which
means that the Company's products are sold directly to customers
through its web site.  The Company's "Business-to-Customer" model
differs from the traditional "Business to Business" model where
products are sold to distributors who then sell the products to
ultimate customers.

EFT Holdings reported a net loss of $5.30 million on $968,000 of
net total revenues for the year ended March 31, 2015, compared to a
net loss of $20.3 million on $1.80 million of net total revenues
for the year ended March 31, 2014.


ELBIT IMAGING: Approves New Buyback Programs Totaling NIS 50M
-------------------------------------------------------------
Elbit Imaging Ltd. announced that its board of directors approved a
new program to repurchase up to NIS 50 million (approximately
$13.26 million) of Elbit's Notes, which are traded on the Tel Aviv
Stock Exchange in addition to the Current Program.  The Company's
board of directors has determined that until further notice, the
Company will purchase only Series H Notes under the New Program.
The repurchases will be made from time to time in the open market
on the Tel Aviv Stock Exchange, in privately negotiated
transactions or in a combination of the two.  The repurchases will
commence after the full execution of the Current Program, and the
New Program will remain in effect for a period of 12 months
commencing on the date of this announcement.  The New Program does
not require the Company to acquire any or a specific amount of
notes, and it may be modified, suspended, extended or discontinued
without prior notice.  Notes repurchase under The New Program
depends on factors such as market conditions and legal compliance.
Repurchased notes will be canceled and removed from trading.

In accordance with the existing loan agreement with Bank Hapoalim
(as amended), the Company will be required to prepay principal
amount of approximately NIS 7 million if the Notes buyback under
the New Program will be fully executed.

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

                  https://is.gd/xELqit

                  About Elbit Imaging

Tel-Aviv, Israel-based Elbit Imaging Ltd. (TASE, NASDAQ: EMITF)
holds investments in real estate and medical companies.  The
Company, through its subsidiaries, also develops shopping and
entertainment centers in Central Europe and invests in and manages
hotels.

Elbit Imaging reported a loss of NIS 186.15 million on NIS 1.47
million of revenues for the year ended Dec. 31, 2015, compared to
profit of NIS 1 billion on NIS 461,000 of revenues for the year
ended Dec. 31, 2014.  As of Dec. 31, 2015, Elbit Imaging had NIS
778.25 million in total assets, NIS 758.96 million in total
liabilities and NIS 19.28 million in shareholders' equity.

Since February 2013, Elbit has intensively endeavored to come to
an arrangement with its creditors.  Elbit has said it has been
hanging by a thread for more than five months.  It has encountered
cash flow difficulties and this burdens its day to day activities,
and it certainly cannot make the necessary investments to improve
its assets.  In light of the arrangement proceedings, and
according to the demands of most of the bondholders, as well as an
agreement that was signed on March 19, 2013, between Elbit and the
Trustees of six out of eight series of bonds, Elbit is prohibited,
inter alia, from paying off its debts to the financial creditors
-- and as a result a petition to liquidate Elbit was filed, and
Bank Hapoalim has declared its debts immediately payable,
threatening to realize pledges that were given to the Bank on
material assets of the Company -- and Elbit undertook not to sell
material assets of the Company and not to perform any transaction
that is not during its ordinary course of business without giving
an advance notice to the trustees.

Accountant Rony Elroy has been appointed as expert for examining
the debt arrangement in the Company.

In July 2013, Elbit Imaging's controlling shareholders, Europe-
Israel MMS Ltd. and Mr. Mordechay Zisser, notified the Company
that the Tel Aviv District Court has appointed Adv. Giroa Erdinast
as a receiver with regards to the ordinary shares of the Company
held by Europe Israel securing Europe Israel's obligations under
its loan agreement with Bank Hapoalim B.M.  The judgment stated
that the Receiver is not authorized to sell the Company's shares
at this stage.  Following a request of Europe-Israel, the Court
also delayed any action to be taken with regards to the sale of
those shares for a period of 60 days.  Europe Israel and
Mr. Zisser have also notified the Company that they utterly reject
the Bank's claims and intend to appeal the Court's ruling.


ELBIT IMAGING: Reports NIS 31.4 Million Net Loss for Q2
-------------------------------------------------------
Elbit Imaging Ltd. reported a net loss of NIS 31.4 million on
NIS 105 million of total revenues for the three months ended
June 30, 2016, compared to a net loss of NIS 70.91 million on
NIS 224.43 million of total revenues for the three months ended
June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of NIS 96.6 million on NIS 183 million of total revenues
compared to a net loss of NIS 201 million on NIS 267 million of
total revenues for the six months ended June 30, 2015.

As of June 30, 2016, Elbit had NIS 2.64 billion in total assets,
NIS 2.42 billion in total liabilities and NIS 220 million in
shareholders' equity.

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

                      https://is.gd/K5aHCP

Meanwhile, Elbit announced that it has placed an Investor Relations
Presentation on the Company's website at:
http://www.elbitimaging.com/under: "Investor Relations - Group
Presentations - Company Presentation".

                        About Elbit Imaging

Tel-Aviv, Israel-based Elbit Imaging Ltd. (TASE, NASDAQ: EMITF)
holds investments in real estate and medical companies.  The
Company, through its subsidiaries, also develops shopping and
entertainment centers in Central Europe and invests in and manages
hotels.

Elbit Imaging reported a loss of NIS 186.15 million on NIS 1.47
million of revenues for the year ended Dec. 31, 2015, compared to
profit of NIS 1 billion on NIS 461,000 of revenues for the year
ended Dec. 31, 2014.  As of Dec. 31, 2015, Elbit Imaging had NIS
778.25 million in total assets, NIS 758.96 million in total
liabilities and NIS 19.28 million in shareholders' equity.

Since February 2013, Elbit has intensively endeavored to come to
an arrangement with its creditors.  Elbit has said it has been
hanging by a thread for more than five months.  It has encountered
cash flow difficulties and this burdens its day to day activities,
and it certainly cannot make the necessary investments to improve
its assets.  In light of the arrangement proceedings, and
according to the demands of most of the bondholders, as well as an
agreement that was signed on March 19, 2013, between Elbit and the
Trustees of six out of eight series of bonds, Elbit is prohibited,
inter alia, from paying off its debts to the financial creditors
-- and as a result a petition to liquidate Elbit was filed, and
Bank Hapoalim has declared its debts immediately payable,
threatening to realize pledges that were given to the Bank on
material assets of the Company -- and Elbit undertook not to sell
material assets of the Company and not to perform any transaction
that is not during its ordinary course of business without giving
an advance notice to the trustees.

Accountant Rony Elroy has been appointed as expert for examining
the debt arrangement in the Company.

In July 2013, Elbit Imaging's controlling shareholders, Europe-
Israel MMS Ltd. and Mr. Mordechay Zisser, notified the Company
that the Tel Aviv District Court has appointed Adv. Giroa Erdinast
as a receiver with regards to the ordinary shares of the Company
held by Europe Israel securing Europe Israel's obligations under
its loan agreement with Bank Hapoalim B.M.  The judgment stated
that the Receiver is not authorized to sell the Company's shares
at this stage.  Following a request of Europe-Israel, the Court
also delayed any action to be taken with regards to the sale of
those shares for a period of 60 days.  Europe Israel and
Mr. Zisser have also notified the Company that they utterly reject
the Bank's claims and intend to appeal the Court's ruling.


EMERY RESOURCE: Taps Diaz & Larsen as Legal Counsel
---------------------------------------------------
Emery Resource Holdings LLC seeks approval from the U.S. Bankruptcy
Court for the District of Utah to hire Diaz & Larsen as its legal
counsel.

The firm will provide these services in connection with the
Debtor's Chapter 11 case:

     (a) advise the Debtor with respect to its rights and duties;

     (b) take all necessary actions to protect the Debtor's
         estate, including the prosecution of actions on its
         behalf;  

     (c) prepare legal papers; and

     (d) assist in presenting the Debtor's proposed Chapter 11
         plan of reorganization.     

The firm has received a retainer from the Debtor in the amount of
$27,000.

Diaz & Larsen does not have any interest adverse to the
Debtor and its creditors, according to court filings.

The firm can be reached through:

     Andres Diaz, Esq.
     Timothy J. Larsen, Esq.
     Diaz & Larsen
     307 West 200 South, Suite 2004
     Salt Lake City, UT 84101
     Tel: (801) 596-1661
     Fax: (801) 359-6803
     Email: courtmail@adexpresslaw.com

                      About Emery Resource

Emery Resource Holdings LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Utah Case No. 16-26511) on July 27,
2016.  The petition was signed by Craig C. Williams, managing
member of Willsbros Resource Holdings LLC, manager.  

The case is assigned to Judge R. Kimball Mosier.

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


EMMAUS LIFE: Incurs $3.14 Million Net Loss in Second Quarter
------------------------------------------------------------
Emmaus Life Sciences, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $3.14 million on $172,681 of net revenues for the three months
ended June 30, 2016, compared to a net loss of $1.65 million on
$144,336 of net revenues for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $7.60 million on $252,080 of net revenues compared to a net
loss of $4.89 million on $241,095 of net revenues for the six
months ended June 30, 2015.

As of June 30, 2016, Emmaus Life had $1.26 million in total assets,
$32.93 million in total liabilities and a total stockholders'
deficit of $31.7 million.

"Based on our losses to date, anticipated future revenue and
operating expenses, debt repayment obligations and cash and cash
equivalents balance of $0.3 million as of June 30, 2016, we do not
have sufficient operating capital for our business without raising
additional capital.  We incurred losses of $7.6 million for the six
months ended June 30, 2016 and $4.9 million for the six months
ended June 30, 2015.  We had an accumulated deficit at June 30,
2016 of $92.4 million.  We anticipate that we will continue to
incur net losses for the foreseeable future as we incur expenses
for submission of the NDA, the commercialization of our
pharmaceutical grade L-glutamine treatment of SCD, research costs
for the corneal cell sheets using CAOMECS technology and the
expansion of corporate infrastructure, including costs associated
with being a public reporting company and potentially additional
expenses that may be associated with an initial public offering. We
have previously relied on unregistered equity offerings, debt
financings and loans, including loans from related parties.  As
part of this effort, we have received various loans from officers,
stockholders and other investors as discussed below.  As of June
30, 2016, we had outstanding notes payable in an aggregate
principal amount of $22.5 million, consisting of $10.1 million of
non-convertible promissory notes and $12.4 million of convertible
notes. Of the $22.5 million aggregate principal amount of notes
outstanding as of June 30, 2016, approximately $16.3 million is
either due on demand or will become due and payable within the next
twelve months.  Our failure to raise capital as and when needed
would have a negative impact on our financial condition and our
ability to pursue our business strategies, including the
commercialization of our pharmaceutical grade L-glutamine treatment
for SCD and the development in the United States of CAOMECS-based
cell sheet technology.

"We have had recurring operating losses, have a significant amount
of notes payable and other obligations due within the next year and
projected operating losses including the expected costs relating to
the commercialization of our pharmaceutical grade L-glutamine
treatment for SCD that exceed both the existing cash balances and
cash expected to be generated from operations for at least the next
year.  In order to meet our expected obligations, management
intends to raise additional funds through equity and debt
financings and partnership agreements.  In addition, we may seek to
raise additional funds through collaborations with other companies
or financing from other sources.  As previously reported, we have
filed a draft registration statement with the SEC with respect to
an initial public offering.  Additional funding may not be
available in amounts or on terms which are acceptable to us, if at
all.  Due to the uncertainty of our ability to meet our current
operating and capital expenses, there is substantial doubt about
our ability to continue as a going concern.

"In addition, we currently estimate that we will need an additional
$1.1 million to submit a NDA to the FDA for our pharmaceutical
grade L-glutamine treatment for SCD. Our cash burn rate for the
first six months ending June 30, 2016 was approximately $0.7
million per month," the Company stated in the filing.

The Company's quarterly report on Form 10-Q is available from the
SEC website at https://is.gd/icoP5m

                       About Emmaus Life

Emmaus Life Sciences, Inc., is engaged in the discovery,
development, and commercialization of treatments and therapies
primarily for rare and orphan diseases.  This biopharmaceutical
company's headquarters is in Torrance, California.

Emmaus Life reported a net loss of $12.69 million on $590,114 of
net revenues for the year ended Dec. 31, 2015, compared to a net
loss of $21.75 million on $500,679 of net revenues for the year
ended Dec. 31, 2014.

SingerLewak LLP, in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations, its total liabilities exceed its
total assets and it has an accumulated stockholders' deficit.  This
raises substantial doubt about the Company's ability to continue as
a going concern.


FARMACIAS PUERTO RICO: Ordered to Vacate Hato Rey Center Premises
-----------------------------------------------------------------
In the case captioned IN RE: FARMACIAS PUERTO RICO, Debtor(s), CASE
NO. 16-03910 (Bankr. D.P.R.), Judge Brian K. Tester of the United
States Bankruptcy Court for the District of Puerto Rico granted SF
III PR, LLC's urgent motion for immediate surrender of Farmacias
Puerto Rico's premises.

Judge Tester ordered Farmacias to vacate the premises in Hato Rey
Center within 30 days.  The judge, however, did not yet determine
the matter of SF's breach of the parties' verbal lease agreement
through the blocking of the west side entrance of the premises, and
allowed the continuation of Farmacias' complaint  in adversary
proceeding 16-00142, but only as to the breach of contract claim,
and any monetary damages resulting therefrom.

A full-text copy of Judge Tester's August 16, 2016 opinion and
order is available at http://bankrupt.com/misc/prb16-03910-87.pdf

           About Farmacias Puerto Rico

Farmacias Puerto Rico filed a Chapter 11 bankruptcy petition
(Bankr. D.P.R. Case No. 16-03910) on May 16, 2016.  The Debtor is
represented by Carlos Rodriguez Quesada, Esq., at the Law Office of
Carlos Rodriguez Quesada.


FOUNDATION HEALTHCARE: Reports Second Quarter Financial Results
---------------------------------------------------------------
Foundation HealthCare, Inc., reported a net loss of $8.99 million
on $28.6 million of net revenues for the three months ended June
30, 2016, compared to net income of $5.79 million on $31.9 million
of revenues for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $10.7 million on $67.3 million of revenues compared to net
income of $6.07 million on $61.4 million of revenues for the six
months ended June 30, 2015.

As of June 30, 2016, Foundation Healthcare had $129 million in
total assets, $136 million in total liabilities, $6.96 million in
preferred non-controlling interest and a total deficit of $14.4
million.

"Patient care is our number one priority at Foundation and once
again our patient satisfaction scores demonstrate our clinical
teams continue to perform at a very high level," stated Stanton
Nelson, Foundation CEO.  While as a team we were not pleased with
the financial performance in the second quarter, we remain
confident in our business model and management has taken positive
actions to replace lost revenues and grow service volumes.  We have
significantly expanded our imaging services in El Paso adding four
new imaging centers with no significant capital outlay through a
joint venture arrangement.  We have also added retail pharmacy
services in El Paso to better serve our patients and grow pharmacy
revenues."

June service volumes at the Houston hospital were up 31% compared
to the average for the first five months of 2016 and patient
satisfaction scores at Houston have increased from 63% in 2015 to
97% since Foundation acquired the hospital.  Historically,
Foundation posts its strongest financial results in the third and
fourth quarters. We believe that trend will continue in 2016,"
added Nelson.

"As a result of our financial performance, we are currently in
default on our debt covenants.  Accordingly, all of the debt with
our senior lender has been classified as current on the
accompanying consolidated balance sheet.  We are in negotiations
with our banks to waive the default event and restructure the debt
covenants.  We remain confident the banks will waive the default
and if successful, the debt will be reclassified between current
and long term based on the original loan agreement," stated Hugh
King, Foundation CFO.

At June 30, 2016, cash and cash equivalents totaled $1.1 million,
compared to $5.1 million at Dec. 31, 2015.

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

                    https://is.gd/3CKVAC

                About Foundation Healthcare

Oklahoma-based Foundation Healthcare is a healthcare services
company primarily focused on owning controlling interests in
surgical hospitals and the inclusion of ancillary service lines.
The Company currently owns controlling and noncontrolling
interests in surgical hospitals located in Texas.  The Company
also owns noncontrolling interests in ambulatory surgery centers
("ASCs") located in Texas, Oklahoma, Pennsylvania, New Jersey,
Maryland and Ohio.

Additionally, the Company provides sleep testing management
services to various rural hospitals in Iowa, Minnesota, Missouri,
Nebraska and South Dakota under management contracts with the
hospitals.  The Company provides management services to a majority
of its Affiliates under the terms of various management
agreements.  Prior to Dec. 2, 2013, the Company's name was
Graymark Healthcare, Inc.

Foundation Healthcare reported net income attributable to the
Company's common stock of $5.19 million on $126.13 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
attributable  to the Company's common stock of $2.09 million on
$101.85 million of revenues for the year ended Dec. 31, 2014.


FPMI SOLUTIONS: Can Get Western Alliance DIP Financing
------------------------------------------------------
Judge Robert G. Mayer of the U.S. Bankruptcy Court for the Eastern
District of Virginia authorized FPMI Solutions, Inc. to obtain
postpetition financing from Western Alliance Bank, as successor in
interest to Bridge Bank, National Association, on a final basis.

The Debtor is indebted to Western Alliance in the amount of
$507,517, exclusive of attorneys' fees and expenses and other costs
due and payable under the Prepetition Loan Documents.  The
indebtedness is secured by a first-priority security interest and
lien on all the Debtor's personal property and any and all cash and
non-cash proceeds of such property.

Judge Mayer acknowledged that the Debtor has an immediate and
critical need to obtain postpetition financing to fund operating
expenses incurred in the ordinary course of business and other
costs and expenses of administering its bankruptcy proceedings.  He
further acknowledged that the Debtor's ability to finance its
operations, maintain its business relationships, pay its employees,
preserve its assets and otherwise maintain the value of its
business as a going concern requires the availability of working
capital from the DIP Credit Facility, the absence of which would
immediately and irreparably harm the Debtor and its bankruptcy
estate.

Western Alliance was granted a continuing, valid, binding,
enforceable, non-avoidable and automatically perfected security
interest in and liens on all of the Debtor's personal property.
The DIP Liens are junior only to Western Alliance's Prepetition
Liens and the Carve-Out.

The Carve-Out, which is in an aggregate amount not to exceed
$100,000, consists of:

     (a) unpaid fees to the Clerk of Court and the U.S. Trustee;

     (b) unpaid fees and expenses of the professionals of the
Debtor; and

     (c) any retainer or professional expense escrow account
established by the Debtor.

A full text copy of the Final Order, dated August 18, 2016, is
available at https://is.gd/btcHOT

Western Alliance Bank can be reached at:

          WESTERN ALLIANCE BANK
          55 Almaden Boulevard, Suite 100
          San Jose, CA 95113
          Attn: Lori Edwards, Executive Vice President
          E-mail: lori.edwards@bridgebank.com

Western Alliance Bank is represented by:

          Richard M. Kremen, Esq.
          C. Kevin Kobbe, Esq.
          DLA PIPER LLP (US)
          The Marbury Building
          6225 Smith Avenue
          Baltimore, MD 21209
          Telephone: (410) 580-3000
          E-mail: richard.kremen@dlapiper.com
                  kevin.kobbe@dlapiper.com

                   About FPMI Solutions

Headquartered in Alexandria, Virginia, FPMI Solutions, Inc., filed
for Chapter 11 bankruptcy protection (Bankr. E.D. Va. Case No.
16-12142) on June 20, 2016, estimating its assets and liabilities
at between $1 million and $10 million each.  The petition was
signed by R. Mark McLindon, chief executive officer.

Judge Robert G. Mayer presides over the case.

Paul Sweeney, Esq., at Ymkas, Vidmar, Sweeney & Mulrenin, LLC,
serves as the Debtor's bankruptcy counsel.



FTE NETWORKS: Amends Q2 Form 10-Q to Correct Numerial Errors
------------------------------------------------------------
FTE Networks, Inc., filed with the Securities and Exchange
Commission an amended quarterly report on Form 10-Q/A for the
period ended June 30, 2016, to amend certain numerical errors in
the Original Form 10-Q.  Those changes to the numbers as previously
reported in the Original Form 10-Q did not impact either total
assets, revenue, net loss or loss per share.

FTE Networks reported a net loss attributable to common
shareholders of $1.07 million on $3.16 million of revenues for the
three months ended June 30, 2016, compared to a net loss
attributable to common shareholders of $1.52 million on $4.07
million of revenues for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss attributable to common shareholders of $2.19 million on $5.25
million of revenues compared to a net loss attributable to common
shareholders of $2.27 million on $7.41 million of revenues for the
same period in 2015.

As of June 30, 2016, FTE Networks had $9.69 million in total
assets, $19.95 million in total liabilities, $437,380 in total
temporary equity, and a total stockholders' deficiency of $10.69
million.

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

                    https://is.gd/5M9m2R

Meanwhile, the Company furnished with the SEC a copy of an investor
presentation to be provided to future investors, which presentation
is available for free at https://is.gd/NY9Jhy

                   About FTE Networks, Inc.

FTE Networks, formerly known as Beacon Enterprise Solutions Group,
Inc., is a vertically integrated company with an international
footprint.  Since its inception, FTE Networks has steadily
advanced its management, operational and technical capabilities to
become a leading provider of services to the telecommunications
and wireless sector with a focus on turnkey solutions.  FTE
Networks provides a comprehensive array of services centered on
quality, efficiency and customer service.

FTE Networks reported a net loss attributable to common
shareholders of $3.63 million on $14.4 million of revenues for the
year ended Sept. 30, 2015, compared to net income of $436,000 on
$16.9 million of revenues for the year ended Sept. 30, 2014.


FULLCIRCLE REGISTRY: Delays Filing of June 30 Form 10-Q
-------------------------------------------------------
FullCircle Registry, Inc. was unable to file its quarterly report
on Form 10-Q for the period ended June 30, 2016, within the
prescribed time period due to its difficulty in completing and
obtaining required financial and other information without
unreasonable effort and expense.  The Company expects to file the
Form 10-Q within the time period permitted by this extension.

                  About FullCircle Registry

Shelbyville, Kentucky-based FullCircle Registry, Inc., targets the
acquisition of small profitable businesses.  FullCircle Registry,
Inc., has become a holding company with three subsidiaries.  They
are FullCircle Entertainment, Inc., FullCircle Insurance Agency,
Inc. and FullCircle Prescription Services, Inc.  Target companies
for future acquisition are those in search of exit plans for the
owners and are intended to continue autonomous operations as
current ownership is phased out over a period of 3-5 years.

FullCircle reported a net loss of $696,000 on $1.14 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
of $653,000 on $1.49 million of revenues for the year ended Dec.
31, 2014.

As of March 31, 2016, FullCircle had $5.22 million in total assets,
$6.43 million in total liabilities and a total stockholders'
deficit of $1.21 million.

Somerset CPAs, P.C., in Indianapolis, Indiana, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has suffered
recurring losses from operations and has a net capital deficiency
that raises substantial doubt about its ability to continue as a
going concern.


GIBSON BRANDS: Moody's Cuts CFR to Caa2, Outlook Negative
---------------------------------------------------------
Moody's Investors Service downgraded Gibson Brands, Inc.'s
Corporate Family Rating (CFR) to Caa2 from Caa1 due to increasing
concerns about the company's liquidity position. The rating outlook
is negative.

The downgrade reflects Moody's concerns about the company's ability
to meet all of its financial obligations in 2016 and 2017 that
include over $80 million due to a consumer electronics supplier and
$45 million in near-term outstanding indebtedness, if the ABL
revolving credit facility is not refinanced. The expiration date of
the ABL was recently accelerated to May 2017 from January 2018
because the company was in violation of a covenant. "However, we
expect that the company will be able to refinance the ABL based on
the strength of the underlying assets," said Kevin Cassidy, Senior
Credit Officer at Moody's Investors Service.

"We expect Gibson's operating performance to improve this year, but
remain below our original expectations." noted Cassidy "We think
the chances of some type of debt restructuring will increase as the
company approaches the August 2018 maturity of its $375 million
notes". Moody's said.

Ratings downgraded:

   -- Corporate Family Rating to Caa2 from Caa1;

   -- Probability of Default Rating to Caa2-PD from Caa1-PD;

   -- $375 million senior secured 2nd lien notes due 2018, to Caa3

      (LGD 4) from Caa2 (LGD 4)

RATINGS RATIONALE

Gibson's Caa2 Corporate Family Rating reflects the company's
untenable capital structure based on expected operating
performance, weak liquidity profile, soft credit metrics and the
highly discretionary nature of its musical instrument and consumer
electronics product lines. The ratings also reflect the company's
high leverage at over 10 times debt/EBITDA at March 31, 2016 and
concerns that there continues to be high turnover in the company's
senior financial management level. Gibson's ratings are supported
by the company's strong brand recognition in musical instruments
and market share for guitar products, and diversified product line
within guitars and related music areas. The ratings are also
supported by its geographic diversification.

Although the company has reported positive performance in the June
2016 quarter, the negative outlook reflects uncertainty about the
projected improvement in Gibson's operating performance and the
uncertainty about the company's ability to refinance its ABL
revolving credit facility.

The ratings could be lowered if the company does not successfully
address its upcoming debt maturities that include:

   -- $32 million of financial obligations to a consumer
      electronics supplier by December 2016, of which $25 million
      currently remain outstanding;

   -- Refinancing of a $75 million ABL facility (of which $45
      million is currently outstanding) maturing in May 2017;

   -- Over $50 million of additional financial obligations to a
      consumer electronics supplier by December 2017

While unlikely in the near term given the negative outlook, over
the longer term an upgrade could be considered if Gibson
successfully addresses its upcoming debt maturities and improves
and sustains its operating performance.

The principal methodology used in this rating was the Consumer
Durables Industry published in September 2014.

Headquartered in Nashville, Tennessee, Gibson Brands Inc. designs,
manufactures, markets, and globally distributes premium musical
instruments, consumer and professional audio and video products,
information products, and related accessories. The company's
product offerings are marketed under a portfolio of brands
including Gibson, Philips, Epiphone, Kramer, Baldwin, Onkyo, KRK,
and Stanton. Revenues were approximately $1.6 billion for the
twelve months ended June 30, 2016.



GREAT BASIN: Enters Into Waiver Agreements With Noteholders
-----------------------------------------------------------
Great Basin Scientific, Inc., entered into two waivers with
noteholders related to the filing of the S-1 on Aug. 15, 2016.

As previously disclosed on the Current Report on Form 8-K filed
with the SEC on Dec. 29, 2015, on Dec. 28, 2015, Great Basin
entered into a Securities Purchase Agreement in relation to the
issuance and sale by the Company to certain buyers as set forth in
the Schedule of Buyers attached to the December SPA of $22.1
million aggregate principal amount of senior secured convertible
notes and related Series D common stock purchase warrants
exercisable to acquire 3,503,116 shares of common stock.

On Aug. 17, 2016, the Company and certain 2015 Note Buyers holding
enough of the 2015 Notes and Series D Warrants to constitute the
required holders under Section 9(e) of the 2015 SPA and Section 19
of the 2015 Notes entered into waiver agreements to waive (i) the
breach by the Company of Section 4(n)(ii) of the 2015 SPA solely
with respect to (x) the Company's filing of the Registration
Statement on Form S-1 (No. 333-213144 ) related to an offering of
Units, (y) the Company's filing of amendments to the Registration
Statement on Form S-1 (No. 333-213144) to complete the offering of
Units and (z) the Company's consummation of the offering of Units
pursuant to the Registration Statement on Form S-1 (No. 333-213144)
no later than Sept. 30, 2016, and (ii) the event of default arising
under Section 4(a)(x) of the 2015 Notes due to the Company's
failure to comply with Section 4(n)(ii) of the 2015 SPA.

As previously disclosed on the Current Report on Form 8-K filed
with the SEC on June 29, 2016, on June 29, 2016, the Company into a
Securities Purchase Agreement in relation to the issuance and sale
by the Company to certain buyers as set forth in the Schedule of
Buyers attached to the 2016 SPA of $75 million aggregate principal
amount of senior secured convertible notes and related Series H
common stock purchase warrants exercisable to acquire 56,250,000
shares of common stock.

On Aug. 17, 2016, the Company and certain 2016 Note Buyers holding
enough of the 2016 Notes and Series H Warrants to constitute the
required holders under Section 9(e) of the 2016 SPA and Section 19
of the 2016 Notes entered into waiver agreements to waive (i) the
breach by the Company of Section 4(n)(ii) of the SPA solely with
respect to (x) the Company's filing of the Registration Statement
on Form S-1 (No. 333-213144 ) related to an offering of Units, (y)
the Company's filing of amendments to the Registration Statement on
Form S-1 (No. 333-213144) to complete the offering of Units and (z)
the Company's consummation of the offering of Units pursuant to the
Registration Statement on Form S-1 (No. 333-213144) no later than
Sept. 30, 2016 and (ii) the event of default arising under Section
4(a)(x) of the 2016 Notes due to the Company's failure to comply
with Section 4(n)(ii) of the 2016 SPA.

                         About Great Basin

Great Basin Scientific is a molecular diagnostic testing company
focused on the development and commercialization of its patented,
molecular diagnostic platform designed to test for infectious
disease, especially hospital-acquired infections.  The Company
believes that small to medium sized hospital laboratories, those
under 400 beds, are in need of simpler and more affordable
molecular diagnostic testing methods.  The Company markets a system
that combines both affordability and ease-of-use, when compared to
other commercially available molecular testing methods, which the
Company believes will accelerate the adoption of molecular testing
in small to medium sized hospitals.  The Company's system includes
an analyzer, which it provides for its customers' use without
charge in the United States, and a diagnostic cartridge, which the
Company sells to its customers.

Great Basin reported a net loss of $57.9 million in 2015 following
a net loss of $21.7 million in 2014.

As of March 31, 2016, Great Basin had $27.6 million in total
assets, $70.99 million in total liabilities, and a total
stockholders' deficit of $43.4 million.

Mantyla McReynolds, LLC, in Salt Lake City, Utah, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has incurred substantial losses from operations causing
negative working capital and negative operating cash flows.  These
issues raise substantial doubt about its ability to continue as a
going concern.


GREAT BASIN: Had 46.1M Outstanding Common Shares as of Aug. 19
--------------------------------------------------------------
On Aug. 16 and Aug. 17, certain holders of the 2015 Notes were
issued shares of Great Basin Scientific, Inc.'s common stock
pursuant to Section 3(a)(9) of the United States Securities Act of
1933, (as amended) in connection with the pre-installment amount
converted for the amortization date of Aug. 31, 2016.  In
connection with the pre-installments, the Company issued 3,000,685
shares of common stock upon the conversion of $1,171,468 principal
amount of 2015 Notes at a conversion price of $0.39.  In addition,
$236,527 was released from the restricted cash accounts for use by
the Company.

As of Aug. 19, 2016, a total principal amount of $15,797,152 of the
2015 Notes has been converted into shares of common stock and
$6,302,848 principal remains to be converted.  A total of $4.7
million has been released from the restricted cash accounts and
$7.1 million remains in the restricted accounts.

The Company previously filed an 8-K on Aug. 12, 2016, and reported
43,124,301 shares outstanding, therefore as of Aug. 19, 2016, there
are 46,124,986 shares of common stock issued and outstanding.

                       About Great Basin

Great Basin Scientific is a molecular diagnostic testing company
focused on the development and commercialization of its patented,
molecular diagnostic platform designed to test for infectious
disease, especially hospital-acquired infections.  The Company
believes that small to medium sized hospital laboratories, those
under 400 beds, are in need of simpler and more affordable
molecular diagnostic testing methods.  The Company markets a system
that combines both affordability and ease-of-use, when compared to
other commercially available molecular testing methods, which the
Company believes will accelerate the adoption of molecular testing
in small to medium sized hospitals.  The Company's system includes
an analyzer, which it provides for its customers' use without
charge in the United States, and a diagnostic cartridge, which the
Company sells to its customers.

Great Basin reported a net loss of $57.9 million in 2015 following
a net loss of $21.7 million in 2014.

As of March 31, 2016, Great Basin had $27.6 million in total
assets, $70.99 million in total liabilities, and a total
stockholders' deficit of $43.4 million.

Mantyla McReynolds, LLC, in Salt Lake City, Utah, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has incurred substantial losses from operations causing
negative working capital and negative operating cash flows.  These
issues raise substantial doubt about its ability to continue as a
going concern.


GREENSHIFT CORP: Posts $3.21 Million Net Income for Second Quarter
------------------------------------------------------------------
Greenshift Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $3.21 million on $1.49 million of revenue for the three months
ended June 30, 2016, compared to a net loss of $2.62 million on
$1.14 million of revenue for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported net
income of $1.77 million on $2.38 million of revenue compared to a
net loss of $4.08 million on $2.06 million of revenue for the six
months ended June 30, 2015.

As of June 30, 2016, Greenshift had $6.65 million in total assets,
$13.1 million in total liabilities, and a total stockholders'
deficit of $6.44 million.

The Company's primary source of liquidity during 2016 was cash
produced by its operations.  During the six months ended June 30,
2016, the Company produced about $748,000 in cash from its
operating activities, used about $1.2 million in its investing
activities, as well as about $402,000 in its financing activities,
primarily to repay debt to YA Global Investments, L.P., assignees.
During the June 30, 2015, the Company used about $200,000 in net
cash and its financing activities used about $229,000 (from
repayment of debentures).  The Company's cash balances at June 30,
2016, and Dec. 31, 2015, were about $993,000 and $1.9 million,
respectively.  The Company had a working capital deficit of about
$9.2 million at June 30, 2016; however, its current liabilities
included approximately that amount in obligations convertible into
Company common stock, including application of discounts and the
associated derivative liabilities.

"Our financial position and liquidity moving forward will be based
on our ability to generate cash flows from our operations, as well
as the level of our outstanding indebtedness and our debt service
obligations.  Our business is highly impacted by commodity price
volatility, primarily in the market for corn oil.  While demand for
extracted corn oil is strong in the biodiesel and multiple other
markets, decreases in the price of corn oil will have a negative
impact on the amount of cash we are able to produce from our
operating activities.  Moreover, to the extent that our existing
and potential new licensees are all corn ethanol producers, our
business is also subject to commodity price risk in the markets for
ethanol, distillers grain, corn and natural gas. These risks are
partially mitigated for us by the fact that use of our corn oil
extraction technologies will enhance the liquidity and financial
position of licensed ethanol producers and provide our licensees
with vitally important cash flows during periods of reduced ethanol
producer margins.  However, our ability to generate cash flow may
be adversely affected if, for example, a new licensee were forced
by a reduced crush spread to suspend operations prior to installing
a corn oil extraction system," the Company said in the filing.
       
                       Going Concern

The Company recorded income from operations of $477,000 for the six
months ended June 30, 2016.  As of June 30, 2016, the Company had
$993,000 in cash, and current liabilities exceeded current assets
by about $9.2 million, which included derivative liabilities of
$6.8 million and $1.5 million in convertible debentures.  Neither
of these items is required to be serviced out of the Company's
regular cash flows.

The Company's parent, Bitzio, Inc., paid $2.5 million to the
Company which was drawn from a loan of $2.9 million made to Bitzio
by TCA Global Credit Master Fund, LP.  The loan was made on
December 31, 2015, pursuant to a Senior Secured Revolving Credit
Facility Agreement, under which TCA may lend to Bitzio up to $5.0
million.  The Company and each of its subsidiaries, as well as each
of the other subsidiaries of Bitzio, have executed a Guaranty
Agreement dated Dec. 31, 2015, in favor of TCA.  In the Guaranty
Agreement, the Company and each of its subsidiaries guaranteed
payment of all amounts due to TCA under the Credit Agreement.  By
separate agreements, the Company and each subsidiary pledged all of
its assets to secure the guaranty to TCA.

These matters raise substantial doubt about the Company's ability
to continue as a going concern.

"Our ability to satisfy our obligations will depend on our success
in obtaining financing, our success in preserving current revenue
sources and developing new revenue sources, and our success in
negotiating with the creditors.  Management plans to resolve the
Company's working capital deficit by increasing revenue, reducing
debt and exploring new financing options.  There can be no
assurances that the Company will be able to eliminate its working
capital deficit and that the Company's historical operating losses
will not recur."

The Company's quarterly report on Form 10-Q is available from the
SEC Web site at https://is.gd/ZlsMKQ

                 About Greenshift Corporation

Headquartered in New York, GreenShift Corporation develops and
commercializes clean technologies designed to integrate into and
leverage established production and distribution infrastructure to
address the financial and environmental needs of its clients by
decreasing raw material needs, facilitating co-product reuse, and
reducing waste and emissions.

Greenshift reported net income of $15.8 million on $9.46 million of
revenue for the year ended Dec. 31, 2015, compared to net income of
$941,000 on $12.8 million of revenue for the year ended Dec. 31,
2014.

Rosenberg Rich Baker Berman & Company, in Somerset, New Jersey,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015, citing that
the Company has incurred operating losses, and current liabilities
exceeded current assets by approximately $11.4 million as of
Dec. 31, 2015.  In addition, the Company has guaranteed significant
debt of its parent company.  These conditions raise substantial
doubt about its ability to continue as a going concern.


GUIDED THERAPEUTICS: Incurs $2.17-Mil. Net Loss in Second Quarter
-----------------------------------------------------------------
Guided Therapeutics, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
attributable to common stockholders of $2.17 million on $129,000 of
sales for the three months ended June 30, 2016, compared with a net
loss attributable to common stockholders of $3 million on $103,000
of sales for the same period during the prior year.

For the six months ended June 30, 2016, the Company reported a net
loss attributable to common stockholders of $2.51 million on
$391,000 of sales compared to a net loss attributable to common
stockholders of $4.27 million on $229,000 of sales for the same
period last year.

As of June 30, 2016, Guided Therapeutics had $2.31 million in total
assets, $9.44 million in total liabilities, and a total
stockholders' deficit of $7.13 million.

"Since our inception, we have raised capital through the private
sale of preferred stock and debt securities, public and private
sales of common stock, funding from collaborative arrangements, and
grants.  At June 30, 2016, we had cash of approximately $22,000 and
working capital deficit of approximately $5.6 million.

"Our major cash flows in the quarter ended June 30, 2016, consisted
of cash out-flows of approximately $1.5 million from operations, no
cash inflow nor outflow from investing activities and a net change
from financing activities of $1.5 million, which primarily
represents the proceeds received from the issuance of convertible
notes.

"We will be required to raise additional funds through public or
private financing, additional collaborative relationships or other
arrangements, as soon as possible.  We cannot be certain that our
existing and available capital resources will be sufficient to
satisfy our funding requirements through the third quarter of 2016.
We are evaluating various options to further reduce our cash
requirements to operate at a reduced rate, as well as options to
raise additional funds, including loans.

"Substantial capital will be required to develop our products,
including completing product testing and clinical trials, obtaining
all required U.S. and foreign regulatory approvals and clearances,
and commencing and scaling up manufacturing and marketing our
products. Any failure to obtain capital would have a material
adverse effect on our business, financial condition and results of
operations," the Company stated in the filing.

At June 30, 2016, the Company had a working capital deficit of
approximately $5.9 million and the stockholders' deficit was
approximately $7.1 million, primarily due to recurring net losses
from operations and dividends on preferred stock, offset by
proceeds from the exercise of options and warrants and proceeds
from the sales of stock.

The Company's plans with respect to its liquidity management
include the following:

   * The Company has curtailed operations and reduced
     discretionary spending and staffing levels.

   * The Company is only pursuing activities where it has
     financial support.  However, there can be no assurance that
     such external financial support will be sufficient to
     maintain even limited operations.

   * The Company is seeking additional capital in the private
     and/or public equity markets to continue operations and build

     sales, marketing, and distribution.  The Company is currently
     evaluating additional equity and debt financing opportunities

     and may execute them when appropriate.  However, there can be
     no assurances that the Company can consummate such a
     transaction, or consummate a transaction at favorable
     pricing.
  
   * The Company is seeking additional sources of cash flow with
     strategic businesses.

   * The Company had warrants exercisable for approximately 369
     million shares of its common stock outstanding at June 30,
     2016, with exercise prices of $0.0042 to $105.00 per share.
     Exercises of these warrants would generate a total of
     approximately $6.3 million in cash, assuming full exercise,
     although the Company cannot be assured that holders will
     exercise any warrants

"The Company's consolidated financial statements have been prepared
and presented on a basis assuming it will continue as a going
concern.  The factors below raise substantial doubt about the
Company's ability to continue as a going concern.  The financial
statements do not include any adjustments that might be necessary
from the outcome of this uncertainty.  If the Company is unable to
continue operations, it may have to the extent practicable,
liquidate and/or file for bankruptcy protection," as disclosed in
the regulatory filing.

The Company's quarterly report on Form 10-Q is available from the
SEC Web site at https://is.gd/ozlMKn

                    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.

Guided Therapeutics reported a net loss attributable to common
stockholders of $9.50 million on $42,000 of contract and grant
revenue for the year ended Dec. 31, 2015, compared to a net loss
attributable to common stockholders of $10.03 million on $65,000
of contract and grant revenue for the year ended Dec. 31, 2014.


GUIDED THERAPEUTICS: Reports Q2 2016 Financial Results
------------------------------------------------------
Guided Therapeutics, Inc., announced financial results for the
second quarter 2016.

"We reached a milestone during the second quarter by shipping our
100th LuViva, which we sold to Nairobi County, Kenya, bringing to
102 the total number of devices sold," said Gene Cartwright, chief
executive officer of Guided Therapeutics.  "This pushed our sales
for the first six months to $391,000, an increase of 71% over the
same period in 2015."

"In addition to shipping units to Kenya, we shipped devices to
Bulgaria and the Dominican Republic.  Subsequent to the quarter,
LuViva was approved for sale in Costa Rica by the Ministry of
Health.  Additionally, we sold devices and related disposable
Cervical Guides to Russia and Bangladesh.  To date, we have shipped
more than 60,000 disposables," Mr. Cartwright added.

"During the quarter, we completed a licensing agreement for China
and other territories in Southeast Asia.  The terms of the
agreement provided for $200,000 in near-term cash payments, the
potential for up to $1.0 million to pay for advancing U.S. Food and
Drug Administration approval for LuViva, and funding to secure
Chinese regulatory approval of LuViva, and will provide us with a
royalty on disposables sold in the territories," he continued.

Sales Revenue, Cost of Sales and Gross Loss from Devices and
Disposables: Sales revenue from the sale of LuViva devices and
disposables for the six months ended June 30, 2016, was $391,000, a
71% increase compared to the same period in 2015.  Related costs of
sales and net realizable value expenses for the six months ended
June 30, 2016 were approximately, $101,000, which resulted in a
gross profit of approximately $290,000.  The increase in the first
six months of 2016 as compared to the first six months of 2015 was
related to additional sales of disposables with the Company's
primary distributor, which carry a higher profit margin than device
sales.

Research and Development Expenses: Research and development
expenses decreased to approximately $438,000 or the six months
ended June 30, 2016, compared to $677,000 for the same period in
2015.  The decrease, of approximately $239,000, or 35.0%, is
primarily due to a decrease in payroll expenses.

Sales and Marketing Expenses: Sales and marketing expenses were
approximately $203,000 during the six months ended June 30, 2016,
compared to $355,000 for the same period in 2015.  The decrease, of
approximately $152,000, or 43.0%, was primarily due to the
Company-wide expense reduction and cost\savings efforts.

General and Administrative Expenses: General and administrative
expenses decreased to approximately $1,677,000 during the six
months ended June 30, 2016, compared to approximately $1,982,000
for the same period in 2015.  The decrease of approximately
$305,000, or 15.0%, was primarily related to lower compensation and
option expenses incurred during the same period.

Other Income: Other income for the six months ended June 30, 2016,
was approximately $44,000, compared to other income of
approximately $290,000 for the six months ended June 30, 2015. The
decrease of approximately $246,000, or 85.0%, was primarily due to
$230,000 of accounts payable that were written off and $50,000 of
income recorded for a license agreement.

Interest Expense: Interest expense increased to approximately
$1,371,000 for the six months ended June 30, 2016, as compared to
approximately $815,000 for the same period in 2015. The increase of
approximately $556,000, or 68.0%, was primarily due to amortization
of debt discount, debt issuance costs and penalty on event default
of convertible loan that were higher than the same period in 2015.

Fair Value of Warrants Expense: Fair value of warrants expense
recovery was approximately $1,606,000 for the six months ended June
30, 2016, as compared to approximately $648,000 for the same period
in 2015.

Net loss was approximately $1,749,000 during the six months ended
June 30, 2016, compared to a net loss of $2,951,000 for the same
period in 2015.  The decrease in the net loss of $1,202,000, or
41.0%, was for the reasons outlined above.

As of June 30, 2016, the Company's cash position was $22,000, as
compared to approximately $35,000 at Dec. 31, 2015.  Net inventory
on hand at the end of the second quarter 2016, was approximately
$1.2 million.  The Company continues to manage cash and liquidity
with austerity.

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

                    https://is.gd/4IaXyb

                  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.

Guided Therapeutics reported a net loss attributable to common
stockholders of $9.50 million on $42,000 of contract and grant
revenue for the year ended Dec. 31, 2015, compared to a net loss
attributable to common stockholders of $10.03 million on $65,000
of contract and grant revenue for the year ended Dec. 31, 2014.


HAMPSHIRE GROUP: Delays Filing of June 30 Quarterly Report
----------------------------------------------------------
Hampshire Group filed with the Securities and Exchange Commission a
Form 12b-25 notifying the delay in the filing of its quarterly
report on Form 10-Q for the period ended June 30, 2016.

As previously reported, Hampshire Group was unable to timely file
its annual report on Form 10-K for the year ended Dec. 31, 2014,
and the quarterly reports on Form 10-Q for the first three quarters
of 2015 within the prescribed time periods because Company
management was addressing problems caused by labor issues, related
slowdowns and bottlenecks at West Coast shipping ports and
liquidity constraints caused by lower than expected fourth quarter
2014 results and the West Coast shipping ports problems.  Further,
in 2015, Company management addressed problems caused by liquidity
constraints that prompted it to realign its resources with its
operations, including the sale of Rio Garment S.A., amending its
New York Office lease and terminating a licensing agreement with
Sole Asset Holdings, Inc.  The Company's Audit Committee also
initiated an investigation in February 2015, which concluded in
July 2015.  As a result, significant management time and resources
were diverted from the Company's normal process of reviewing and
completing the Late Reports as well as the Company's Annual Report
on Form 10-K for the year ended Dec. 31, 2015, the Quarterly Report
on Form 10-Q for the quarter ended April 2, 2016 and the Quarterly
Report on Form 10-Q for the quarter ended July 2, 2016. Until all
of the Late Reports were completed and filed, the Company was not
able to begin preparation of its 2015 Form 10-K.

The Company filed the last of the Late Reports (the Quarterly
Report on Form 10-Q for the quarter ended Sept. 26, 2015) on March
24, 2016.  As a result, the Company has not been able to complete
the 2015 Form 10-K, the Q1 2016 Form 10-Q or the Q2 2016 Form 10-Q.
Until the Company completes the 2015 Form 10-K and the Q1 2016
Form 10-Q, it will not be able to complete and file the Q2 2016
Form 10-Q.  As a result, the Company cannot, without unreasonable
effort or expense, file its Q2 2016 Form 10-Q on or prior to the
prescribed due date of Aug. 16, 2016.

The Company intends to file the Q2 2016 Form 10-Q as soon as
reasonably practicable; however, at this time the Company
anticipates that it will not be able be able to do so within the
extension period of five calendar days provided under Rule 12b-25
of the Securities Exchange Act of 1934, as amended.

                     About Hampshire Group

New York-based Hampshire Group, Limited (OTC Markets: HAMP) is a
provider of fashion apparel across a broad range of product
categories, channels of distribution and price points.  As a
holding company, the Company operates through its wholly-owned
subsidiaries, Hampshire Brands, Inc. and Hampshire International,
LLC.  The Company completed the sale of Rio Garment S.A. effective
April 10, 2015.

The Company incurred a net loss of $28.8 million in 2014 following
a net loss of $16.04 million in 2013.

As of Sept. 26, 2015, Hampshire had $37.9 million in total assets,
$44.8 million in total liabilities and a $6.93 million total
stockholders' deficit.

Elliott Davis Decosimo LLC, in Greenville, South Carolina, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has suffered recurring losses and incurred negative cash
flows from continuing operations and its total liabilities exceed
its total assets at December 31, 2014.  In addition, the Company is
in default under its credit facility and has entered into a
forbearance agreement and amendment to the credit facility, which
among other items, changed the maturity date of the credit facility
to February 29, 2016.  The Company's lenders have indicated that
they will not renew the credit facility beyond that maturity date,
because they intend to exit this line of business. The Company is
in the process of attempting to obtain financing with a new lender.
These conditions, the auditors said, raise substantial doubt about
the Company's ability to continue as a going concern.


HAMPSHIRE GROUP: Inks Forbearance Agreement With Salus
------------------------------------------------------
Hampshire Group, Limited and certain of its subsidiaries entered
into a Forbearance Agreement dated Aug. 11, 2016, with Salus CLO
2012-1, Ltd. and Salus Capital Partners, LLC, as lenders, pursuant
to which, among other things:

   (i) the lenders agreed to forbear from exercising their rights
       under the Credit Agreement with the Borrowers through
       Nov. 7, 2016, as a result of the passage of the maturity
       and forbearance date of the Credit Agreement and with
       respect to certain specified defaults, provided that
       Borrowers are in compliance with the terms of the
       Forbearance Agreement and Credit Agreement;

  (ii) the Borrowers proposed a wind down budget for certain of
       their operations;

(iii) the lenders agreed to continue to finance the Borrowers
       through Nov. 7, 2016, subject to compliance with the wind
       down budget, the Forbearance Agreement and the Credit
       Agreement; and

  (iv) the revolving credit commitment under the Credit Agreement
       was reduced to $17.0 million effective as of the date of
       the Forbearance Agreement and will be reduced to $10.0
       million on Oct. 1, 2016.

                    About Hampshire Group

New York-based Hampshire Group, Limited (OTC Markets: HAMP) is a
provider of fashion apparel across a broad range of product
categories, channels of distribution and price points.  As a
holding company, the Company operates through its wholly-owned
subsidiaries, Hampshire Brands, Inc. and Hampshire International,
LLC.  The Company completed the sale of Rio Garment S.A. effective
April 10, 2015.

The Company incurred a net loss of $28.8 million in 2014 following
a net loss of $16.04 million in 2013.

As of Sept. 26, 2015, Hampshire had $37.9 million in total assets,
$44.8 million in total liabilities and a $6.93 million total
stockholders' deficit.

Elliott Davis Decosimo LLC, in Greenville, South Carolina, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has suffered recurring losses and incurred negative cash
flows from continuing operations and its total liabilities exceed
its total assets at December 31, 2014.  In addition, the Company is
in default under its credit facility and has entered into a
forbearance agreement and amendment to the credit facility, which
among other items, changed the maturity date of the credit facility
to February 29, 2016.  The Company's lenders have indicated that
they will not renew the credit facility beyond that maturity date,
because they intend to exit this line of business. The Company is
in the process of attempting to obtain financing with a new lender.
These conditions, the auditors said, raise substantial doubt about
the Company's ability to continue as a going concern.


HCSB FINANCIAL: Awards 27M Restricted Shares to Executive Officers
------------------------------------------------------------------
The Compensation Committee of the Board of Directors of HCSB
Financial Corporation awarded, effective as of Aug. 18, 2016, to
Jan H. Hollar, J. Rick Patterson, William J. McElveen, Jr., and
Jennifer W. Harris, 12,000,000; 7,500,000; 5,000,000; and 2,500,000
shares of restricted stock, respectively, under the HCSB Financial
Corporation 2016 Equity Incentive Plan.

Subject to earlier forfeiture or accelerated vesting under
circumstances described in the applicable Restricted Stock Award
Agreements, the Restricted Shares vest ratably over a five year
period, subject to the Company's achievement of certain
performance-based vesting conditions prior to the applicable
vesting date.  The performance-based conditions are (i) the removal
of the Consent Order issued to the Company's wholly owned
subsidiary, Horry County State Bank, by the FDIC and the South
Carolina Board of Financial Institutions, and (ii) the reporting of
two consecutive quarters of consolidated net income.

A full-text copy of the HCSB 2016 Equity Incentive Plan is
available for free at https://is.gd/pHj1V8

                     About HCSB Financial

Loris, South Carolina-based HCSB Financial Corporation was
incorporated on June 10, 1999, to become a holding company for
Horry County State Bank.  The Bank is a state chartered bank which
commenced operations on Jan. 4, 1988.  From its 13 branch
locations, the Bank offers a full range of deposit services,
including checking accounts, savings accounts, certificates of
deposit, money market accounts, and IRAs, as well as a broad range
of non-deposit investment services.  During the third quarter of
2011, the Bank closed its Covenant Towers branch located at Myrtle
Beach.  All deposits were transferred to the Bank's Myrtle Beach
branch and the Bank does not expect any disruption of service in
that market for its customers.

HCSB Financial reported a net loss available to common
shareholders
of $1.75 million on $13.7 million of total interest income for the
year ended Dec. 31, 2015, compared to a net loss available to
common shareholders of $1.40 million on $16.09 million of total
interest income for the year ended Dec. 31, 2014.

As of June 30, 2016, the Company had $382 million in total assets,
$345 million in total liabilities, and $37.3 million in total
shareholders' equity.

Elliott Davis Decosimo, LLC, in Columbia, South Carolina, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2015, citing that the
Company has suffered recurring losses that have eroded regulatory
capital ratios and the Company's wholly owned subsidiary, Horry
County State Bank, is under a regulatory Consent Order with the
Federal Deposit Insurance Corporation (FDIC) that requires, among
other provisions, capital ratios to be maintained at certain
levels.  As of December 31, 2015, the Company's subsidiary is
considered significantly undercapitalized based on its regulatory
capital levels.  These considerations raise substantial doubt about
the Company's ability to continue as a going concern.  The Company
also has deferred interest payments on its junior subordinated
debentures for 20 consecutive quarters as of December 31, 2015.
Under the terms of the debentures, the Company may defer payments
for up to 20 consecutive quarters without creating a default.
Payment for the 20th quarterly interest deferral period was due in
March 2016.  The Company failed to pay the deferred and compounded
interest at the end of the deferral period, and the trustees of the
corresponding trusts, have the right, after any applicable grace
period, to exercise various remedies, including demanding immediate
payment in full of the entire outstanding principal amount of the
debentures.  The balance of the debentures and accrued interest as
of December 31, 2015 were $6,186,000 and $901,000, respectively.
These events also raise substantial doubt about the Company's
ability to continue as a going concern as of Dec. 31, 2015.


HEBREW HEALTH: Aug. 30 Meeting Set to Form Creditors' Panel
-----------------------------------------------------------
Kim L. McCabe, acting United States Trustee for Region 2, will hold
an organizational meeting on Aug. 30, 2016, at 10:00 a.m. in the
bankruptcy cases of Hebrew Health Care, Inc., Hebrew Life Choices,
Inc., Hebrew Community Services, Inc., and Hebrew Home and
Hospital, Inc.

The meeting will be held at:

         Giaimo Federal Building
         150 Court Street
         1st Floor Conference Room
         New Haven, Connecticut 06510

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it represents.


HILLSIDE OFFICE: Seeks to Hire C&H as Environmental Consultant
--------------------------------------------------------------
Hillside Office Park, LLC seeks approval from the U.S. Bankruptcy
Court for the District of New Jersey to hire C&H Environmental as
its environmental consultant.

The Debtor is planning to sell a real property and needs assistance
from the firm to analyze environmental issues, which may impact the
potential sale of its property.

The firm requires an initial retainer of $2,500.  Fees will be paid
on an hourly basis.

C&H does not represent any interest adverse to the Debtor's estate,
and is a "disinterested person" as defined in section 101(14) of
the Bankruptcy Code.

The firm may be reached at:

          C&H Environmental, Inc.
          224 Stiger Street
          PO Box 188
          Hackettstown, NJ 07840
          Phone: (908) 852-4855
          Fax: (908) 852-5275

               - and -

          C&H Environmental, Inc.
          104 West High Street
          Milford, PA 18337
          Phone: (570) 296-0382

                   About Hillside Office Park

Headquartered in Hillside, New Jersey, Hillside Office Park, LLC,
filed for Chapter 11 bankruptcy protection (Bankr. D. N.J. Case No.
16-19617) on May 17, 2016, estimating its assets and liabilities at
between $1 million and $10 million.  The petition was signed by
Glen A. Fishman, member of Maplewood Acquisition, LLC, member.

Judge Stacey L. Meisel presides over the case.

Donald F. Campbell, Jr., Esq., at Giordano Halleran & Ciesla, P.C.,
serves as the Debtor's bankruptcy counsel.


ICAGEN INC: May Issue 1.6 Million Shares Under Plans
----------------------------------------------------
Icagen, Inc., filed with the Securities and Exchange Commission a
Form S-8 registration statement to register a total of 1,590,770
shares of common stock issuable under 2005 Stock Option Plan and
2015 Stock Incentive Plan.  The proposed maximum aggregate offering
price is $5.64 million.  A full-text copy of the prospectus is
available for free at https://is.gd/aBQTKM

                        About Icagen

Icagen, Inc., formerly known as XRpro Sciences, Inc., is a
biopharmaceutical company, focuses on the discovery, development,
and commercialization of orally-administered small molecule drugs
that modulate ion channel targets.  Its drug candidates include
ICA-105665, a small molecule compound that targets specific KCNQ
ion channels for the treatment of epilepsy and pain, which is in
Phase II clinical trial stage; and a compound that targets the
sodium channel Nav1.7 for the treatment of pain, which is in Phase
I clinical trial stage.

Icagen reported a net loss applicable to common stock of $8.72
million on $1.58 million of sales for the year ended Dec. 31, 2015,
compared to a net loss applicable to common stock of $569,288 on
$541,794 of sales for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, Icagen had $12.9 million in total assets,
$11.2 million in total liabilities, $133,350 in convertible
redeemable preferred stock, and $1.57 million in total
stockholders' equity.

RBSM LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2015, citing that the Company has incurred recurring operating
losses, which has resulted in an accumulated deficit of
approximately $22.143 million at Dec. 31, 2015.  These conditions
among others raise substantial doubt about the Company's ability to
continue as a going concern.


ICAGEN INC: May Issue 1.6 Million Shares Under Plans
----------------------------------------------------
Icagen, Inc., filed with the Securities and Exchange Commission a
Form S-8 registration statement to register a total of 1,590,770  
shares of common stock issuable under 2005 Stock Option Plan and
2015 Stock Incentive Plan.  The proposed maximum aggregate offering
price is $5.64 million.  A full-text copy of the prospectus is
available for free at https://is.gd/aBQTKM

                        About Icagen

Icagen, Inc., formerly known as XRpro Sciences, Inc., is a
biopharmaceutical company, focuses on the discovery, development,
and commercialization of orally-administered small molecule drugs
that modulate ion channel targets.  Its drug candidates include
ICA-105665, a small molecule compound that targets specific KCNQ
ion channels for the treatment of epilepsy and pain, which is in
Phase II clinical trial stage; and a compound that targets the
sodium channel Nav1.7 for the treatment of pain, which is in Phase
I clinical trial stage.

Icagen reported a net loss applicable to common stock of $8.72
million on $1.58 million of sales for the year ended Dec. 31, 2015,
compared to a net loss applicable to common stock of $569,288 on
$541,794 of sales for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, Icagen had $12.9 million in total assets,
$11.2 million in total liabilities, $133,350 in convertible
redeemable preferred stock, and $1.57 million in total
stockholders' equity.

RBSM LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2015, citing that the Company has incurred recurring operating
losses, which has resulted in an accumulated deficit of
approximately $22.143 million at Dec. 31, 2015.  These conditions
among others raise substantial doubt about the Company's ability to
continue as a going concern.


ITUS CORP: Incurs $1.10 Million Net Loss in Third Quarter
---------------------------------------------------------
ITUS Corporation filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $1.10
million on $100,000 of total revenue for the three months ended
July 31, 2016, compared to a net loss of $1.60 million on $95,000
of total revenue for the three months ended July 31, 2015.

For the nine months ended July 31, 2016, the Company reported a net
loss of $3.96 million on $100,000 of total revenue compared to a
net loss of $86,630 on $9.25 million of total revenue for the nine
months ended July 31, 2015.

As of July 31, 2016, ITUS had $6.32 million in total assets, $4.60
million in total liabilities and $1.71 million in total
shareholders' equity.

"Based on currently available information as of August 19, 2016, we
believe that our existing cash, cash equivalents, short-term
investments and expected 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, 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.  Additionally, the sale of
equity securities or issuance of debt securities may be subject to
certain security holder approvals or may result in downward
adjustment of the exercise or conversion price of our outstanding
securities.  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 or
would be approved by our security holders, 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.

The Company's quarterly report on Form 10-Q is available from the
SEC Web site at https://is.gd/4OnShn

                      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 $1.37 million on $9.25
million of total revenue for the year ended Oct. 31, 2015, compared
to a net loss of $9.60 million on $3.66 million
of total revenue for the year ended Oct. 31, 2014.


LABORATORIO ACROPOLIS: Hires Soto as Accountant
-----------------------------------------------
Laboratorio Acropolis Inc., seeks authority from the U.S.
Bankruptcy Court for the District of Puerto Rico to employ Carlos
J. Soto Soto as accountant and business consultant to the Debtor.

Laboratorio Acropolis requires Soto to:

   a. provide assistance to the Debtor in preparing the Monthly
      Reports of Operation;

   b. prepare the necessary financial statements;

   c. assist the Debtor in preparing the cash flow projections
      and or any other projection needed for the Disclosure
      Statement;

   d. assist the Debtor in any/all financial and accounting
      pertaining to, or in connection with the administration of
      the estate;

   e. assist the Debtor in the preparation and filing of federal
      state and municipal tax returns; and;

   f. assist the Debtor in any other assignment that might be
      properly delegated.

Soto will be paid at these hourly rates:

     Carlos J. Soto Soto       $50

Soto will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Carlos J. Soto Soto, CPA, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

Soto can be reached at:

     Carlos J. Soto Soto
     Rd 129 Km 30.5
     Hatillo, PR 00659
     Tel: (787) 307-5403
     E-mail: cssaccounting129@gmail.com

                      About Laboratorio Acropolis

Laboratorio Acropolis, Inc., based in Hatillo, PR, filed a Chapter
11 petition (Bankr. D.P.R. Case No. 16-04609) on June 9, 2016.
Gloria Justiniano Irizarry, Esq., as bankruptcy counsel. In its
petition, the Debtor estimated assets of $0 to $50,000 and
estimated liabilities of $1 million to $10 million. The petition
was signed by Rebeca Maldonado Bidot, president.


LAREDO WO: Taps Ronald W. Hagauer as Special Counsel
----------------------------------------------------
Laredo WO, Ltd. seeks approval from the U.S. Bankruptcy Court for
the Western District of Texas to hire the Law Office of Ronald W.
Hagauer as its special counsel.

The firm will advise the Debtor in connection with the operation
and sale of a 1056-acre tract of land in Georgetown, Texas, called
the Water Oak.

Ronald Hagauer, Esq., will be paid $265 per hour for his services.

In a court filing, Mr. Hagauer disclosed that the firm does not
have any interest adverse to the Debtor's estate or its creditors.

The firm can be reached through:

     Ronald Hagauer, Esq.
     Law Office of Ronald W. Hagauer
     1602 N. Loop 1604 W., Suite LL-102
     San Antonio, TX 78248

                          About Laredo WO

Headquartered in San Antonio, Texas, Laredo WO, Ltd., a Texas
limited partnership, owns a fully entitled, 1056 acre real estate
development with approximately 2400 residential lots located in
Georgetown, Texas.  

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. W.D.
Tex. Case No. 16-51297) on June 6, 2016, listing $69.59 million in
total assets and $36.50 million in total debts.  The petition was
signed by Bradford A. Galo, CEO of Galo, Inc. (managing GP of ABG
Enterprises, Ltd.)  Judge Ronald B. King presides over the case.
Eric Terry, Esq., at Eric Terry Law, PLLC, serves as the Debtor's
bankruptcy counsel.


LDI MANAGEMENT: Taps Curtis Castillo as Legal Counsel
-----------------------------------------------------
LDI Management, Inc. seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Texas to hire Curtis Castillo PC as its
legal counsel.

The firm will provide these services in connection with the
Debtor's Chapter 11 case:

     (a) advise and consult with the Debtor concerning legal  
         questions arising in administering, reorganizing or
         liquidating its estate;

     (b) assist the Debtor in investigating its assets and
         liabilities and any other matters relevant to the case;

     (c) investigate and potentially prosecute preference,
         fraudulent transfer, and other causes of action;

     (d) take all necessary legal action to preserve and protect
         the Debtor's estate;

     (e) prepare legal papers; and

     (f) aid the Debtor in the reorganization process.

The firm's professionals and their hourly rates are:

     Shareholders         $425 - $500
     Senior attorneys     $175 - $395
     Associates           $175 - $395
     Junior Associates    $175 - $395
     Clerk/Paralegal       $95 - $150

Mark Castillo, Esq., at Curtis, disclosed in a court filing that
the firm is "disinterested" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Mark A. Castillo, Esq.
     Joshua L. Shepherd, Esq.
     Bryan C. Assink, Esq.
     Curtis Castillo PC
     901 Main Street, Suite 6515
     Dallas, TX 75202
     Tel: 214-752-2222
     Fax: 214-752-0709
     Email: mcastillo@curtislaw.net
     Email: jshepherd@curtislaw.net
     Email: bassink@curtislaw.net

                       About LDI Management

LDI Management, Inc. filed a chapter 11 petition (Bankr. E.D. Tex.
Case No. 16-60485-11) on Aug. 4, 2016.  The Debtor is represented
by Mark A. Castillo, Esq., Joshua L. Shepherd, Esq., and Bryan C.
Assink, at Curtis Castillo PC.

The Debtor provides medical services to certain residents of The
Linderian Company, Ltd., which operates a skilled nursing facility
in Longview, Texas by the name of Summer Meadows.


LEAP FORWARD: Cash Collateral Use Approved on Final Basis
---------------------------------------------------------
Judge Bruce T. Beesley of the U.S. Bankruptcy Court for the
District of Nevada authorized Leap Forward Gaming, Inc., to use
cash collateral on a final basis, and approved the terms and
conditions of the Cash Collateral Stipulation executed between the
Debtor, Macquarie Trading US, LLC, and MIHI, LLC.

Judge Beesley acknowledged that the approval of the Cash Collateral
Stipulation is necessary to allow the Debtor to continue to operate
its business and to facilitate the sale of the Debtor's business,
and thereby maximize creditor recoveries.

The Adequate Protection Liens granted pursuant to the Cash
Collateral Stipulation were deemed perfected, valid and
enforceable.

A full-text copy of the Order, dated Aug. 17, 2016, is available at
https://is.gd/y30tCr

                      About Leap Forward Gaming

Leap Forward Gaming, Inc., filed a chapter 11 petition (Bankr. D.
Nev. Case No. 16-50850) on July 8, 2016.  The petition was signed
by Darby Bryan, CFO/Controller.  The Debtors are represented by
Jeffrey L. Hartman, Esq., at Hartman & Hartman.  The case is
assigned to Judge Bruce T. Beesley.  The Debtor disclosed assets of
$2.46 million and debt of $26.02 million at the time of the filing.



LEGACY HOLDINGS-CA: Case Summary & Unsecured Creditor
-----------------------------------------------------
Debtor: Legacy Holdings-CA, LLC
        c/o Dal Lago Law
        999 Vanderbilt Beach Road, Suite 200
        Naples, FL 34108
        Tel: 239-571-6877

Case No.: 16-07107

Chapter 11 Petition Date: August 18, 2016

Court: United States Bankruptcy Court
       Middle District of Florida (Ft. Myers)

Debtor's Counsel: Michael R Dal Lago, Esq.
                  DAL LAGO LAW
                  999 Vanderbilt Beach Road, Suite 200
                  Naples, FL 34108
                  Tel: (239) 571-6877
                  E-mail: mike@dallagolaw.com

Total Assets: $4.33 million

Total Liabilities: $4.07 million

The petition was signed by John C. Brandt, sole member and chief
manager.

The Debtor lists The Carlysle at Bay Colony as unsecured creditor
holding a claim of $15,000.


LEVEL ACRES: $125K Unsecured Financing From Chilcote OK
-------------------------------------------------------
Judge Carl L. Bucki of the U.S. Bankruptcy Court for the Western
District of New York authorized Level Acres, LLC, to obtain
unsecured financing from Robert Chilcote in the amount of
$125,000.

Judge Bucki held that the unsecured financing will have unsecured
priority status pursuant to 11 U.S.C. Section 346(b).

A full text copy of the Final Order, dated Aug. 18, 2016, is
available at https://is.gd/9Q9zw8

                   About Level Acres

Level Acres, LLC, based in Wellsville, N.Y., filed a Chapter 11
bankruptcy petition (Bankr. W.D.N.Y. Case No. 16-10964) on May 13,
2016.  Hon. Carl L. Bucki presides over the case.  Mike Krueger,
Esq., at Dibble & Miller, P.C., serves as Chapter 11 counsel.  The
Debtor listed total assets of $939,000 and total liabilities of
$2.60 million.  The petition was signed by Kevin P. Clark, sole
member.


LIQUIDMETAL TECHNOLOGIES: Extends Follow-On Investment Deadline
---------------------------------------------------------------
Liquidmetal Technologies, Inc., has entered into an amendment to
its Securities Purchase Agreement, dated March 10, 2016, with
Liquidmetal Technology Limited, a company owned and controlled by
Professor Lugee Li.  Under the amendment, Liquidmetal Technologies
agreed to extend to Dec. 31, 2016, the deadline for the purchase by
Liquidmetal Technology Limited of the remaining 300,000,000 shares
under the Securities Purchase Agreement.  The original deadline for
the follow-on investment was Aug. 17, 2016, and the amendment will
enable Professor Li to complete the international funds transfer
process required for the remaining investment. Other than the
extension of the closing date, the amendment did not materially
modify the terms of the original Securities Purchase Agreement.

The Securities Purchase Agreement was entered into in March 2016 in
conjunction with a cross-licensing agreement with DongGuan EONTEC
Co., Ltd. (EONTEC), a global manufacturing company headquartered in
Hong Kong that specializes in the development of bulk metallic
glasses and other new materials.  In commenting on the partnership
with Professor Li and EONTEC, Thomas Steipp, the CEO of Liquidmetal
Technologies, stated, "Our partnership with Mr. Li and EON
continues to strengthen.  We are making excellent progress on
expanding the solutions available to our customers worldwide,
providing a wider range of part geometries, and attractive
manufacturing options.  We believe that the infusion of capital
from Professor Li will allow Liquidmetal to grow at a much faster
rate moving forward, allowing us to address a broader range of
customers and to expand operations in North America and Europe.  We
understand that transferring funds from China to the US can present
timing issues, and believe that this extension, which essentially
leaves all aspects of our original agreement in place, is clearly
in the best interest of our shareholders."

Professor Li, in commenting on the partnership and additional
investment, stated, "I have worked closely with the Liquidmetal
management team to shape a vision and a tactical plan for the
future that would not have been possible for either company on its
own.  I look forward to furthering our relationship and am excited
about the possibilities for 2017 and beyond."

                About Liquidmetal Technologies

Based in Rancho Santa Margarita, Cal., Liquidmetal Technologies,
Inc., and its subsidiaries are in the business of developing,
manufacturing, and marketing products made from amorphous alloys.
Liquidmetal Technologies markets and sells Liquidmetal(R) alloy
industrial coatings and also manufactures, markets and sells
products and components from bulk Liquidmetal alloys that can be
incorporated into the finished goods of its customers across a
variety of industries.  The Company also partners with third-
party licensees and distributors to develop and commercialize
Liquidmetal alloy products.

Liquidmetal reported a net loss and comprehensive loss of $7.31
million on $125,000 of total revenue for the year ended Dec. 31,
2015, compared to a net loss and comprehensive loss of $6.55
million on $603,000 of total revenue for the year ended Dec. 31,
2014.

As of June 30, 2016, Liquidmetal had $11.1 million in total
assets, $5.74 million in total liabilities and $5.36 million in
total shareholders' equity.

SingerLewak LLP, in Los Angeles, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, stating that the Company has suffered
recurring losses from operations, has negative cash flows from
operations and has an accumulated deficit.  This raises substantial
doubt about the Company's ability to continue as a going concern.


LONGHORN MIDCO II: S&P Raises Rating on Sr. Sec. Debt to 'B+'
-------------------------------------------------------------
S&P Global Ratings raised its issue-level rating on Longhorn Midco
II LLC's (herein referred to as CLEAResult), senior secured debt
(issued by CRCI Holdings Inc.), which consists of a five-year
$40 million revolving credit facility and a seven-year $284 million
first-lien term loan, to 'B+' from 'B'.  S&P is also revising the
recovery rating to '2' from '3', reflecting its expectation for
substantial (70% to 90%, low end of the range) recovery in the
event of a payment default.  The '2' recovery rating results from
the company's recent decision to downsize
its credit facility by approximately $46 million to $284 million
from $330 million (only the term loan B is being reduced) leading
to higher recovery value should a default occur.  CLEAResult's
corporate credit rating remains unchanged, as S&P is assessing only
the company's recovery prospects based on the material reduction to
its term loan B.  The company intends to make a smaller
distribution to its financial sponsor based on the revised terms of
the transaction.

S&P's ratings reflect CLEAResult's relatively small scale as a
niche player, narrow business focus providing energy efficiency
solutions to utility companies, and some customer concentration.
CLEAResult has relatively small scale, and it operates in a
fragmented and highly competitive industry, which has many smaller
players.  Furthermore, the financial sponsor's majority ownership
in the company currently constrains our view of the company's
financial risk profile.  Ownership is recapitalizing the company,
resulting in S&P Global adjusted debt to EBITDA in the mid- to
high-4x area, while paying a dividend.  Pro forma for the
refinancing transaction, S&P estimates CLEAResult's adjusted debt
to EBITDA totals about 4.8x, which S&P expects to improve to mid-4x
range over the next year, primarily reflecting EBITDA growth from
recent acquisitions.

RATINGS LIST

Longhorn Midco II LLC
Corporate Credit Rating                    B/Stable/--

Ratings Raised: Recovery Rating Revised
                                    To         From
CRCI Holdings, Inc.
Senior Secured                      B+         B
Recovery Rating                     2L         3H


MCNEILL GROUP: Aug. 30 Meeting Set to Form Creditors' Panel
-----------------------------------------------------------
Andy Vara, acting United States Trustee for Region 3, will hold an
organizational meeting on Aug. 30, 2016, at 2:00 p.m. in the
bankruptcy cases of McNeill Group, Inc. and McNeill Properties V,
LLC.

The meeting will be held at:

         Office of the United States Trustee
         833 Chestnut Street, Suite 501
         Philadelphia, PA 19107

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

                           About McNeill Group, Inc.

McNeill Group, Inc. and McNeill Properties V, LLC filed chapter 11
petitions (Bankr. E.D. Pa. Case Nos. 16-14943 and 16-14944) on
July
12, 2016. The petitions were signed by Edward J. McNeill, Jr.,
president.

The Debtors are represented by Albert A. Ciardi, III, Esq., at
Ciardi Ciardi & Astin, P.C. The cases are assigned to Judge Jean
FitzSimon (16-14943) and Judge Ashely M. Chan (16-14944).

The Debtors each estimated assets and liabilities of $10 million to
$50 million at the time of the filing.


MEDIANEWS GROUP: Opposes Sale of Monster Worldwide to Randstad
--------------------------------------------------------------
MediaNews Group, Inc., sent a letter to Monster Worldwide Inc.'s
Board of Directors disclosing an 11.6% ownership stake in Monster's
shares and voicing opposition to the Company's proposed sale to
Randstad North America, Inc.  MNG is one of the largest newspaper
companies in the country, with over $1 billion in revenue and over
240 properties in 12 states.  MNG also has intimate knowledge of
the job board space through its ownership of Jobs in the US, which
operates regionally focused job boards in New England.

As Monster's largest shareholder based on publicly available
information, MNG believes the $3.40 per share deal would represent
the textbook definition of "selling at the bottom."  In fact, less
than one year ago the Company was repurchasing stock at an average
price of $6.03, a 77.4% premium to the current offer.

In the letter, MNG urged shareholders not to tender their shares
and recommended that Monster explore all strategic options,
including an auction, a review of business operations and/or a
restructuring.

Additionally, MNG offered five recommendations based on both
extensive research and hands-on management experience:

   * Reduce expenses by $100-$150 million through implementation
     of operational best practices

   * Monetize non-core/underperforming assets that are not being
     valued at all in current stock price

   * Reduce capital expenditures to be more in-line with
     competitors and other digital companies

   * Simplify the product offering and increase sales productivity

   * Focus marketing efforts on B2B customer acquisition and
     candidate acquisition, with a focus on ROI, and execute a re-
     branding campaign to attract millennials

MNG believes Monster can achieve a stock price of $6-$8 over the
next 18 months, representing an upside of 76%-135% over
Randstad’s price, and it looks forward to a productive dialogue
with Monster's shareholders and the Board regarding these ideas and
potential next steps.

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

                    https://is.gd/xKPYy9

                 About MediaNews Group, Inc.

MediaNews Group, Inc. (d/b/a Digital First Media) is a leader in
local, multiplatform news and information, distinguished by its
original content and high quality, diversified portfolio of local
media assets.  Digital First Media is the second largest newspaper
company in the United States by circulation, serving an audience of
over 40 million readers on a monthly basis.  The Company's
portfolio of products includes 67 daily newspapers and 180
non-daily publications.  Digital First Media has a leading local
news audience share in each of its primary markets and its content
monetization platforms serve clients on both a national and local
scale.


MERCHANTS BANKCARD: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Merchants Bankcard Systems of America, Inc.
        70 East Falmouth Highway, Suite 1
        East Falmouth, MA 02536

Case No.: 16-13224

Chapter 11 Petition Date: August 18, 2016

Court: United States Bankruptcy Court
       District of Massachusetts (Boston)

Judge: Hon. Joan N. Feeney

Debtor's Counsel: David B. Madoff, Esq.
                  MADOFF & KHOURY LLP
                  124 Washington Street - Suite 202
                  Foxborough, MA 02035
                  Tel: 508-543-0040
                  Fax: 508-543-0020
                  E-mail: madoff@mandkllp.com
                          alston@mandkllp.com

Total Assets: $2.58 million

Total Liabilities: $4.20 million

The petition was signed by Philip Chait, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/mab16-13224.pdf


MGM RESORTS: Tracinda Corp Reports 16.1% Stake as of Aug. 16
------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Tracinda Corporation disclosed that as of Aug. 16,
2016, it beneficially owned 91,173,744 shares of common stock of
MGM Resorts International representing 16.1 percent of the shares
outstanding.  Anthony L. Mandekic also reported beneficial
ownership of 91,227,101 common shares.

On Aug. 16, 2016, Tracinda entered into a Share Purchase Agreement
under which Tracinda agreed to sell 4,000,000 shares of Common
Stock to Expert Angels Limited at a price of $25.00 per share. This
transaction is subject to customary closing conditions and is
expected to be completed during the third quarter of 2016.

"Tracinda continues to believe there is substantial value in the
assets of MGM Resorts and that the Company is a good long term
investment.  The entry into the Aug. 16, 2016, Share Purchase
Agreement is a product of Tracinda's ongoing evaluation of
alternatives and opportunities for an orderly disposition of its
position in the Common Stock, as directed in Kirk Kerkorian's
will," as disclosed in the filing.

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

                    https://is.gd/4Fa61P

                      About MGM Resorts

MGM Resorts International (NYSE: MGM) a global hospitality
company, operating a portfolio of destination resort brands
including Bellagio, MGM Grand, Mandalay Bay and The Mirage.  The
Company also owns 51% of MGM China Holdings Limited, which owns
the MGM Macau resort and casino and is in the process of
developing a gaming resort in Cotai, and 50% of CityCenter in Las
Vegas, which features ARIA resort and casino.  For more
information about MGM Resorts International, visit the
Company's Web site at www.mgmresorts.com.

MGM Resorts reported a net loss attributable to the Company of
$447.72 million in 2015, a net loss attributable to the Company of
$149.87 million in 2014 and a net loss attributable to the Company
of $171.73 milion in 2013.

As of Dec. 31, 2015, MGM Resorts had $25.21 billion in total
assets, $17.45 billion in total liabilities and $7.76 billion in
total stockholders' equity.

                           *     *     *

As reported by the TCR on Nov. 14, 2011, Standard & Poor's Ratings
Services raised its corporate credit rating on MGM Resorts
International to 'B-' from 'CCC+'.   In March 2012, S&P revised
the outlook to positive from stable.

"The revision of our rating outlook to positive reflects strong
performance in 2011 and our expectation that MGM will continue to
benefit from the improving performance trends on the Las Vegas
Strip," S&P said.

In March 2012, Moody's Investors Service affirmed its B2 corporate
family rating and probability of default rating.  The affirmation
of MGM's B2 Corporate Family Rating reflects Moody's view that
positive lodging trends in Las Vegas will continue through 2012
which will help improve MGM's leverage and coverage metrics,
albeit modestly. Additionally, the company's declaration of a $400
million dividend ($204 million to MGM) from its 51% owned Macau
joint venture due to be paid shortly will also improve the
company's liquidity profile. The ratings also consider MGM's
recent bank amendment that resulted in about 50% of its
$3.5 billion senior credit facility being extended one year from
2014 to 2015.

As reported by the TCR on Sept. 29, 2014, Fitch Ratings has
upgraded MGM Resorts International's (MGM) and MGM China Holdings
Ltd's (MGM China) IDRs to 'B+' from 'B' and 'BB' from 'BB-',
respectively.  Fitch's upgrade of MGM's IDR to 'B+' and the
Positive Outlook reflect the company's strong performance on the
Las Vegas Strip and in Macau as well as Fitch's longer-term
positive outlooks for these markets.


MICHAEL DOMINIC SYLVESTER: Hearing on Disclosures Set For Sept. 13
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Illinois has
scheduled for Sept. 13, 2016, at 10:30 a.m. the hearing to consider
the approval of the disclosure statement filed by Michael Dominic
Sylvester and Dawn Marie Sylvester.

Sept. 6, 2016, is the last day for creditors to vote upon the Plan.
Sept. 6 is also the last day for filing with the Court any
objection to the approval of the Disclosure Statement or objection
to the confirmation of the Plan.

The counsel for the Debtor will file a ballot report with regard to
the Plan by Sept. 9, 2016.

Michael Sylvester filed for Chapter 11 bankruptcy protection
(Bankr. N.D. Ill. Case No. 13-06990) on Feb. 24, 2013.


MINDEN AIR: Case Summary & 8 Unsecured Creditors
------------------------------------------------
Debtor: Minden Air Corp.
        2311 P-51 Court
        Minden, NV 89423

Case No.: 16-51033

Chapter 11 Petition Date: August 18, 2016

Court: United States Bankruptcy Court
       District of Nevada (Reno)

Judge: Hon. Bruce T. Beesley

Debtor's Counsel: Alan R Smith, Esq.
                  THE LAW OFFICES OF ALAN R. SMITH
                  505 Ridge St
                  Reno, NV 89501
                  Tel: (775) 786-4579
                  E-mail: mail@asmithlaw.com

Total Assets: $5.07 million

Total Liabilities: $883,504

The petition was signed by Leonard K. Parker, president.

A copy of the Debtor's list of eight largest unsecured creditors is
available for free at http://bankrupt.com/misc/nvb16-51033.pdf


MUSCLEPHARM CORP: Needs More Capital to Continue as Going Concern
-----------------------------------------------------------------
MusclePharm Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $4.20 million on $32.87 million of net revenue for the three
months ended June 30, 2016, compared to a net loss of $7.02 million
on $50.48 million of net revenue for the three months ended June
30, 2015.

For the six months ended June 30, 2016, compared to a net loss of
$10.80 million on $75.78 million of net revenue compared to a net
loss of $14.50 million on $91.80 million of net revenue for the
same period last year.

As of June 30, 2016, MusclePharm had $50.63 million in total
assets, $65.63 million in total liabilities, and a total
stockholders' deficit of $15 million.

As of June 30, 2016, the Company had approximately $13.1 million in
cash and $20.5 million in working capital deficit.

The Company has not established an ongoing source of revenue
sufficient to cover its operating costs for at least the next 12
months in order to continue as a going concern.  The ability of the
Company to meet its total liabilities of $65.5 million as of June
30, 2016, and to continue as a going concern is dependent on the
Company obtaining adequate capital to fund operating losses until
it becomes profitable.  The Company can give no assurances that any
additional capital that it is able to obtain, if any, will be
sufficient to meet its needs, or that any such financing will be
obtainable on acceptable terms.  If the Company is unable to obtain
adequate capital, it could be forced to cease operations or
substantially curtail its commercial activities.  These conditions
raise substantial doubt as to the Company's ability to continue as
a going concern.

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

                   http://bit.ly/2bhEGRr

                     About MusclePharm

Headquartered in Denver, Colorado, MusclePharm Corporation
(OTC BB: MSLP) -- http://www.muslepharm.com/-- is a healthy life-  
style company that develops and manufactures a full line of
National Science Foundation approved nutritional supplements that
are 100 percent free of banned substances.  MusclePharm is sold in
over 120 countries and available in over 5,000 U.S. retail outlets,
including GNC and Vitamin Shoppe.  MusclePharm products are also
sold in over 100 online stores, including bodybuilding.com,
Amazon.com and Vitacost.com.

MusclePharm Corporation reported a net loss of $13.8 million in
2014, a net loss of $17.7 million in 2013 and a net loss of $19
million in 2012.



NATIONAL CINEMEDIA: Unit Closes $250M Private Placement Financing
-----------------------------------------------------------------
National CineMedia, Inc.'s consolidated subsidiary, National
CineMedia, LLC, completed a private placement of $250 million
aggregate principal amount of 5.750% Senior Notes due 2026 to
qualified institutional buyers in reliance on Rule 144A under the
Securities Act of 1933, as amended, on Aug. 19, 2016.

The Notes were issued pursuant to an Indenture, dated as of
Aug. 19, 2016, by and between LLC and Wells Fargo Bank, National
Association, as trustee.  The Notes were issued at 100% of the face
amount thereof and are the senior unsecured obligations of LLC and
will be effectively subordinated to all existing and future secured
debt, including LLC's existing 6.00% Senior Secured Notes due 2022,
its senior secured credit facility and any future asset backed loan
facility.  The Notes will rank equally in right of payment with all
of LLC's existing and future senior indebtedness, including the
2022 Notes, LLC's existing senior secured credit facility, any
future asset backed loan facility and LLC’s existing 7.875%
Senior Notes due 2021, in each case, without giving effect to
collateral arrangements.  The Notes will be effectively
subordinated to all liabilities of any subsidiaries that LLC may
form or acquire in the future, unless those subsidiaries become
guarantors of the Notes. LLC does not currently have any
subsidiaries, and the Notes will not be guaranteed by any
subsidiaries that LLC may form or acquire in the future except in
very limited circumstances.

The Notes will mature on Aug. 15, 2026.  Interest on the Notes
accrues at a rate of 5.750% per annum and is payable semi-annually
in arrears on February 15 and August 15 of each year, commencing on
Feb. 15, 2017.  LLC is obligated to make each interest payment to
the holders of record of the Notes as of the immediately preceding
February 1 and August 1.

Prior to Aug. 15, 2021, LLC may redeem all or any portion of the
Notes, at once or over time, at 100% of the principal amount plus
the applicable make-whole premium, plus accrued and unpaid
interest, if any, to the redemption date.  LLC may redeem all or
any portion of the Notes, at once or over time, on or after
Aug. 15, 2021, at specified redemption prices, plus accrued and
unpaid interest, if any, to the redemption date.  In addition, at
any time prior to Aug. 15, 2019, LLC may on any one or more
occasions redeem up to 35% of the original aggregate principal
amount of Notes from the net proceeds of certain equity offerings
at a redemption price equal to 105.750% of the principal amount of
the Notes redeemed, plus accrued and unpaid interest, if any, to
the redemption date.

Upon the occurrence of a Change of Control, LLC will be required to
make an offer to each holder of Notes to repurchase all of such
holder's Notes for a cash payment equal to 101.00% of the aggregate
principal amount of the Notes repurchased, plus accrued and unpaid
interest, if any, to the date of repurchase.

The Indenture contains covenants that, among other things, restrict
LLC's ability and the ability of its restricted subsidiaries, if
any, to: (1) incur additional debt; (2) make distributions or make
certain other restricted payments; (3) make investments; (4) incur
liens; (5) sell assets or merge with or into other companies; and
(6) enter into transactions with affiliates.  All of these
restrictive covenants are subject to a number of important
exceptions and qualifications.  In particular, LLC has the ability
to distribute all of its quarterly available cash as a restricted
payment or as an investment, if it meets a minimum net senior
secured leverage ratio.

The Indenture provides for customary events of default (subject in
certain cases to customary grace and cure periods), which include
nonpayment with respect to the Notes, the breach of covenants
contained in the Indenture, payment defaults on other indebtedness
at maturity or acceleration of or foreclosure under other
indebtedness, the failure to pay certain judgments, failure of
liens securing the Notes to be enforceable or of the priority
required and certain events of bankruptcy, insolvency or
reorganization.  Generally, if an event of default occurs, the
Trustee or holders of at least 25% in aggregate principal amount of
the then outstanding Notes may declare the principal and accrued
but unpaid interest on all the Notes to be due and payable
immediately.  In the case of certain events of bankruptcy,
insolvency or reorganization, all outstanding Notes will become due
and payable immediately without further action or notice.

                 Registration Rights Agreement

In connection with the private placement of the Notes, LLC entered
into a Registration Rights Agreement, dated as of Aug. 19, 2016,
with J.P. Morgan Securities LLC, as representative of the Initial
Purchasers named therein.  Under the Registration Rights Agreement,
LLC has agreed to use its commercially reasonable best efforts to
file a registration statement with the Securities and Exchange
Commission with respect to an offer to exchange the Notes for
substantially identical notes that are registered under the
Securities Act.  LLC is required to use its commercially reasonable
best efforts to cause the exchange offer registration statement to
become effective, and to hold the exchange offer open for at least
20 business days.  In addition, under certain circumstances, LLC
will be required to file a registration statement for the resale of
the Notes. If the exchange offer is not completed (or, if required,
the shelf registration statement is not declared effective) on or
before 270 days after the date of the Registration Rights
Agreement, or if certain other events occur which constitute a
Registration Default (as defined in the Registration Rights
Agreement), LLC will be required to pay additional interest to the
holders of the Notes.

On Aug. 19, 2016, LLC called for redemption the entire $200.0
million aggregate principal amount of LLC's existing 7.875% Senior
Notes due 2021.  The redemption price for the 2021 Notes is
103.938% of the principal amount thereof plus accrued and unpaid
interest thereon, to but not including the redemption date. The
redemption date for the redemption transaction will be Sept. 19,
2016.  Simultaneously with the delivery of the redemption notice
for the 2021 Notes, LLC deposited funds with the trustee for the
2021 Notes in an amount that is sufficient for the trustee to pay
the full redemption price (including accrued and unpaid interest)
to the holders of the 2021 Notes on the redemption date.

                   About National CineMedia

National CineMedia, Inc., is the holding company of National
CineMedia, LLC.  NCM LLC operates the largest digital in-theatre
network in North America, allowing NCM to distribute advertising,
Fathom entertainment programming events and corporate events under
long-term exhibitor services agreements with American Multi-Cinema
Inc., a wholly owned subsidiary of AMC Entertainment Inc.; Regal
Cinemas, Inc., a wholly owned subsidiary of Regal Entertainment
Group; and Cinemark USA, Inc., a wholly owned subsidiary of
Cinemark Holdings, Inc.  NCM LLC also provides such services to
certain third-party theater circuits under "network affiliate"
agreements, which expire at various dates.

For the year ended Dec. 31, 2015, the Company reported net income
attributable to the Company of $15.4 million on $447 million of
revenue compared to net income of $13.4 million on $394 million of
revenue for the year ended Jan. 1, 2015.

As of June 30, 2016, National Cinemedia had $1.04 billion in total
assets, $1.21 billion in total liabilities, and a $166 million
total deficit.

                       *     *     *

As reported by the TCR on March 24, 2011, Standard & Poor's
Ratings Services raised its corporate credit ratings on
Centennial, Colorado-based National CineMedia Inc. and
operating subsidiary National CineMedia LLC (which S&P analyzes on
a consolidated basis) to 'BB-' from 'B+'.  "The 'BB-' corporate
credit rating reflects S&P's expectation that NCM's EBITDA growth
will enable the company to continue to de-lever over the
intermediate term despite its aggressive dividend policy," said
Standard & Poor's credit analyst Jeanne Shoesmith.


NEPHROS INC: Expects Commercial Sale of Filters by October
----------------------------------------------------------
Nephros, Inc., had a teleconference with the staff of the U.S. Food
and Drug Administration, including reviewers from both the
Infection Control Devices Branch and Renal Devices Branch,
regarding the Company's Special 510(k) submissions for the 10"
PathoGuardTM and 10" EndoPurTM filters.  

As a result of this teleconference, the Company believes it
understands the additional testing and information requested by the
FDA to complete the submission package, and the Company expects to
be able to complete the additional testing and submit the
additional information before the end of October 2016.  Subject to,
and depending upon the timing of, FDA clearance, the Company
expects to begin commercial sales of these products before the end
of 2016.  The timing of commercial sales of these products may
delay the Company's achievement of positive cash flow into early in
the first quarter of fiscal 2017.

                       About Nephros

River Edge, N.J.-based Nephros, Inc., is a commercial stage medical
device company that develops and sells high performance liquid
purification filters.  Its filters, which it calls ultrafilters,
are primarily used in dialysis centers and healthcare facilities
for the production of ultrapure water and bicarbonate.

Nephros reported a net loss of $3.08 million on $1.94 million of
total net revenues for the year ended Dec. 31, 2015, compared to a
net loss of $7.37 million on $1.74 million of total net revenues
for the year ended Dec. 31, 2014.

As of June 30, 2016, Nephros had $3.99 million in total assets,
$2.32 million in total liabilities, $1.67 million in total
stockholders' equity.

Withum Smith+Brown, PC, in Morristown, New Jersey, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has incurred
negative cash flow from operations and recurring net losses since
inception.  These conditions, among others, raise substantial doubt
about its ability to continue as a going concern.


NET ELEMENT: Amends 2.3 Million Shares Resale Prospectus with SEC
-----------------------------------------------------------------
Net Element, Inc., filed an amended Form S-1 prospectus with the
Securities and Exchange Commission relating to the sale of up to
2,269,036 shares of common stock of the Company by ESOUSA Holdings,
LLC.  The Company amended the Registration Statement to delay its
effective date.

The prices at which the selling stockholder may sell the shares
will be determined by the prevailing market price for the shares or
in negotiated transactions.  The Company will not receive proceeds
from the sale of the shares by the selling stockholder. However,
the Company may receive proceeds of up to $10 million from the sale
of its common stock to the selling stockholder, pursuant to a
common stock purchase agreement entered into with the selling
stockholder on July 6, 2016, once the registration statement, of
which this prospectus is a part, is declared effective.

The selling stockholder is an "underwriter" within the meaning of
the Securities Act of 1933, as amended.  The Company will pay the
expenses of registering these shares, but all selling and other
expenses incurred by the selling stockholder will be paid by the
selling stockholder.

The Company's common stock is listed on the Nasdaq Capital Market
under the ticker symbol "NETE."  On Aug. 16, 2016, the last
reported sale price per share of the Company's common stock was
$1.92 per share.

A full-text copy of the amended prospectus is available for free at
https://is.gd/vqqrMw

                      About Net Element

Miami, Fla.-based Net Element International, Inc., formerly Net
Element, Inc., currently operates several online media Web sites
in the film, auto racing and emerging music talent markets.

Net Element reported a net loss of $13.3 million on $40.2 million
of total revenues for the year ended Dec. 31, 2015, compared to a
net loss of $10.2 million on $21.4 million of total revenues for
the year ended Dec. 31, 2014.

As of March 31, 2016, Net Element had $21.6 million in total
assets, $14.1 million in total liabilities and $7.55 million in
total stockholders' equity.

Daszkal Bolton LLP, in Fort Lauderdale, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company has sustained
recurring losses from operations and has working capital and
accumulated deficits that raise substantial doubt about its ability
to continue as a going concern.


NORTHERN OIL: CEO Reports 5.57% Stake as of Aug. 17
---------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Michael L. Reger disclosed that as of Aug. 17, 2016, he
beneficially owned 3,600,787 shares of common stock of
Northern Oil and Gas, Inc., representing 5.57 percent, based on
64,595,119 shares of Common Stock issued and outstanding as of Aug.
1, 2016 as reported in the Issuer's quarterly report on Form 10-Q
filed with the Securities and Exchange Commission on Aug. 5, 2016.

Mr. Reger is the former chairman and chief executive officer of
Northern Oil.

Of the shares of Common Stock reported as beneficially owned by Mr.
Reger, 1,649,621 are subject to contractual restrictions on
transfer and the possibility of forfeiture if Mr. Reger's
employment with the Issuer ends before the shares vest under
certain circumstances.  These restrictions, as well as the other
terms and conditions of the restricted stock awards by which these
shares were granted to Mr. Reger, are set forth in the applicable
award agreements governing these grants of restricted stock.

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

                       https://is.gd/MOKV4K

                        About Northern Oil

Northern Oil and Gas, Inc. is an exploration and production company
with a core area of focus in the Williston Basin Bakken and Three
Forks play in North Dakota and Montana.  More information about
Northern Oil and Gas, Inc. can be found at
http://www.NorthernOil.com/   

Northern Oil reported a net loss of $975 million in 2015 following
net income of $164 million in 2014.

As of June 30, 2016, Northern Oil had $465 million in total
assets, $895 million in total liabilities and a $430 million
total stockholders' deficit.


NORTHWEST MANAGEMENT: Wants to Use Monty Titling Trust II Cash
--------------------------------------------------------------
Northwest Management, LLC, asks the U.S. Bankruptcy Court for the
District of Minnesota for authorization to use cash collateral.

The Debtor relates that secured creditor Monty Titling Trust II,
has an interest in the rents in eight of its real properties
located in Hennepin County, Minnesota.  The Debtor further relates
that these properties secure its obligations to Monty Titling Trust
II with a balance owing in the claimed amount of $1,689,914.

The Debtor tells the Court that it also pledged a property at 13789
– 54th Avenue North, Plymouth, MN.   The Debtor further tells the
Court that the property, pursuant to Court authorization, has been
sold and the net proceeds will be paid to Monty Titling Trust II.
The Debtor adds that it has entered into purchase agreements for
other properties subject to the lien and mortgage of Monty Titling
Trust II and will be filing motions seeking authorization to sell
those properties.

The Debtor contends that it is indebted to Mark K. and Jean A.
Donnelly in the amount of $324,410.73, which are secured by two of
the Debtor's real properties located in Hennepin County,
Minnesota.

The Debtor tells the Court that it needs to use cash collateral to
meet its ordinary expenses and that it will suffer immediate and
irreparable harm if it is unable to use cash collateral.

The Debtor's six-month Cashflow Projection provides for total
expenses and cash outflows in the amount of $6,980 for the month of
September 2016 and $4,365 for the months of October 2016 through
February 2017.

The Debtor proposes to provide Monty Titling Trust II with adequate
protection in the form of a replacement lien, to the extent of the
Debtor's use of cash collateral, in postpetition rent receipts,
with such liens having the same priority, dignity, and effect as
enjoyed by the Secured Creditor on its prepetition lien.  The
Debtor also proposes to make monthly adequate protection payments
to Monty Titling Trust in the amount of $1,000.

The Debtor's Motion is scheduled for hearing on Aug. 31, 2016 at
9:30 a.m.

A full-text copy of the Debtor's Motion, dated Aug. 17, 2016, is
available at https://is.gd/mDq3FC

                   About Northwest Management

Northwest Management, LLC filed a chapter 11 petition (Bankr. D.
Minn. Case No. 15-44366) on Dec. 23, 2015.  The petition was signed
by Jerry Ritten, president.  The Debtor is represented by Stephen
B. Nosek, Esq., at Steven Nosek, P.A.  The case is assigned to
Judge Katherine A. Constantine.  The Debtor estimated assets and
liabilities at $1 million to $10 million at the time of the filing.


NOVELIS CORP: $1.5BB Unsec. Notes Issue No Impact Moody's B1 CFR
----------------------------------------------------------------
Moody's Investors Service said that Novelis Corporation's (a
wholly-owned subsidiary of Novelis Inc. -- "Novelis") issuance of
$1.15 billion of senior unsecured notes due 2024, increased from an
originally planned amount of $525 million, has no impact on its B2
senior unsecured rating or outlook nor on the ratings (CFR B1) or
outlook for Novelis. Proceeds will be used to tender for all of
Novelis' existing $1.1 billion 2017 senior unsecured notes. The
notes have a downstream guarantee from Novelis and are guaranteed
by all of Novelis' existing and future restricted subsidiaries in
the US and Canada and by certain of its foreign restricted
subsidiaries. Consequently the notes rank pari-passu with senior
unsecured debt at Novelis.

Headquartered in Atlanta, Georgia, Novelis is the world's largest
producer of aluminum rolled products. For the twelve months ended
June 30, 2016, Novelis generated approximately $9.5 billion in
revenue.


OBERFIELD PRECAST: Can Use Cash Collateral, Pay Wages
-----------------------------------------------------
Judge Paul Sala of the U.S. Bankruptcy Court for the District of
Arizona authorized Oberfield Precast, LLC, to use cash collateral
and pay prepetition wages.

The Debtor's use of cash collateral was limited to the necessary
expenses listed in its budget, which included Payroll, Payroll
Withholdings, Blue Cross Blue Shield Health, Cohills Concrete
Pigment, Portland Cement, and Wooden Shipping Pallets, among
others.  The expenses totaled $30,915.

The Debtor was authorized to pay prepetition wages, benefits and
withholdings in the amount of $15,000 for wages, $4,325 for
withholdings, and $2,100 for health insurance.

All the Debtor's secured creditors were granted replacement liens
upon all of the Debtor's post-petition personal property, including
accounts receivable, inventory, cash, and all their products and
proceeds, to the same extent, and with the same priority, validity,
and enforceability, as such secured creditors' liens had before the
Petition Date.  

A final hearing on the Debtor's use of cash collateral is scheduled
on Aug. 22, 2016 at 1:30 p.m.

A full-text copy of the Order, dated Aug. 17, 2016, is available at
https://is.gd/jvTpHW

Frederick G. Bensgton Family Trust, Bengston Family Trust and
Bengston Revocable Living Trust is represented by:

          Ryan J. Talamante, Esq.
          VAN COTT & TALAMANTE, PLLC
          3030 North Third Street, Suite 790
          Phoenix, AZ 85012

Arizona Bank and Trust is represented by:

          Scott B. Cohen, Esq.
          Bradley D. Pack, Esq.
          ENGELMAN BERGER, P.C.
          3636 North Central Avenue, Suite 700
          Phoenix, AZ 85012  
          
                About Oberfield Precast

Oberfield Precast, LLC dba Oberfield Precast fka Soutwest Castings,
LLC dba Architectural Precast Designs, LLC fka SAC Precast, LLC dba
Oberfield Architectural Precast filed a chapter 11 petition (Bankr.
D. Ariz. Case No. 16-08999) on August 5, 2016.  The petition was
signed by Robert Stephen Oberfield, manager.  The Debtor is
represented by Preston M. Gardner, Esq. and Pernell W. McGuire,
Esq., at Davis Miles Mcguire Gardner PLLC.  The case is assigned to
Judge Paul Sala.  The Debtor estimated assets at $500,000 to $1
million and liabilities at $1 million to $10 million at the time of
the filing.


PARAGON OFFSHORE: Needs Until Oct. 31 to File Plan
--------------------------------------------------
Paragon Offshore plc and its affiliated debtors seek from the U.S.
Bankruptcy Court for the District of Delaware further extension of
their exclusive periods for a period of 80 days until October 31,
2016, and a concomitant extension of the Exclusive Solicitation
Period through and including December 30, 2016.

The Debtors tell the Court that since the Petition Date they have
administered their Chapter 11 cases in an expeditious and
cost-efficient manner for the benefit of all economic stakeholders,
including stabilizing their business, reaffirming relationships
with key vendors, and implementing cost reduction measures.

The Debtors add that they have also solicited votes on, and sought
confirmation of, the Proposed Plan to, among other things, (a)
reduce their existing debt by over $1 billion, (b) eliminate the
potential risk of costly multi-party litigation, and (c) provide
for an ongoing interest for current equity holders.

The Debtors further tell the Court that following the initial
Confirmation Hearing dates, and during the extension granted under
the First Exclusivity Order, they continued to make good faith
progress towards reorganization by negotiating with the Plan
Support Parties and filing the Disclosure Supplement, the
Disclosure Supplement Motion, the PSA Amendment, and the Modified
Plan, which has the overwhelming support of the Voting Classes and
addresses concerns about the Debtors' ability to operate even if
the downturn continues into 2018.

In addition to plan confirmation related matters, the Debtors also
continued discussions with the U.S. Trustee, which culminated in
entry of an order extending the time to comply with Section 345 of
the Bankruptcy Code and the Debtors' notice establishing "cause"
for relief from the requirements under Section 345.

The Debtors assert that the extension of their Exclusive Periods
will enable them to avoid the disruption, expense and loss of value
inevitably attendant to a competing plan scenario, and will promote
a successful reorganization for the benefit of all economic
stakeholders. Based upon this factor alone, the requested
extensions are justified and appropriate, the Debtors further
assert.

Attorneys for Debtors and Debtors in Possession:

       Mark D. Collins, Esq.
       Amanda R. Steele, Esq.
       Joseph C. Barsalona II, Esq.
       RICHARDS, LAYTON & FINGER, P.A.
       One Rodney Square
       920 North King Street
       Wilmington, Delaware 19801
       Telephone: (302) 651-7700
       Facsimile: (302) 651-7701
       Email: collins@rlf.com
              steele@rlf.com
              barsalona@rlf.com

       -- and --

       Gary T. Holtzer, Esq.
       Stephen A. Youngman, Esq.
       Alfredo R. Pérez, Esq.
       WEIL, GOTSHAL & MANGES LLP
       767 Fifth Avenue
       New York, New York 10153
       Telephone: (212) 310-8000
       Facsimile: (212) 310-8007

             About Paragon Offshore

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a
global provider of offshore drilling rigs.  Paragon's operated
fleet includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semisubmersibles).  Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas.  Paragon is a public limited company registered in England
and Wales and its ordinary shares have been trading on the
over-the-counter markets under the trading symbol "PGNPF" since
December 18, 2015.

Paragon Offshore Plc, et al., filed separate Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-10385 to 16-10410) on Feb.
14, 2016, after reaching a deal with lenders on a reorganization
plan that would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total debt
of $2.96 billion as of Sept. 30, 2015.

The Debtors have engaged Weil, Gotshal & Manges LLP as general
counsel, Richards, Layton & Finger, P.A. as local counsel, Lazard
Freres & Co. LLC as financial advisor, Alixpartners, LLP as
restructuring advisor, and Kurtzman Carson Consultants as claims
and noticing agent.


PHILLIPS-MEDISIZE: Moody's Puts B3 CFR Under Review for Upgrade
---------------------------------------------------------------
Moody's Investors Service placed the ratings of Phillips-Medisize
Corporation ("Phillips") under review for upgrade, including the
company's B3 Corporate Family Rating and B3-PD Probability of
Default Rating. Instrument ratings placed under review for upgrade
include the B2 senior secured first lien credit facilities' rating
and Caa2 senior secured second lien term loan rating. This action
follows the announcement that Molex, LLC, a wholly-owned subsidiary
of Molex Electronic Technologies, LLC (Baa2 Stable) has entered
into a binding agreement to acquire Phillips. Financial terms of
the transaction were not disclosed.

The review for upgrade is based upon Moody's view that, should the
acquisition by Molex be consummated, that Phillips will become part
of an enterprise with a stronger overall credit profile (and hence
a potentially higher rating) than if Phillips remains a standalone
company. Molex is one of the world's leading providers of
electronic connectors and assemblies, with revenues of over $4
billion and a global presence in over 40 countries. Molex has
financial leverage of roughly 3 times, and is owned by privately
held Koch Industries, Inc. (unrated).

Moody's review will focus on the treatment of Phillips' debt within
Molex's capital structure, including the evaluation of any support
mechanisms related to Phillips' debt. In the event the debt is
repaid, Moody's will withdraw all of Phillips' ratings. If the debt
remains outstanding and Molex neither guarantees the debt nor
provides stand-alone financial information for Phillips, Moody's
would likely withdraw Phillips' ratings due to insufficient
financial information. Moody's understands that the transaction is
expected to close later in 2016, subject to customary closing
conditions.

The following ratings were placed under review for upgrade:

   Phillips-Medisize Corporation:

   -- Corporate Family Rating, B3

   -- Probability of Default Rating, B3-PD

   -- Senior secured first lien credit facilities, B2 (LGD 3)

   -- Senior secured second lien term loan, Caa2 (LGD 5)

RATINGS RATIONALE

Excluding the possible acquisition by Molex, Phillips-Medisize
Corporation's ("Phillips") B3 Corporate Family Rating reflects the
company's high financial leverage, limited coverage of interest
expense and modest free cash flow to debt. The rating also reflects
the company's small absolute size based on revenue, and
considerable concentration of revenue from its top customers and by
therapeutic category. Offsetting these factors, the rating is
supported by the company's good geographic diversity and solid
technical design and manufacturing capabilities. In addition,
providing stability to Phillips' business profile are the company's
long-standing customer relationships, high barriers to entry, and
significant switching costs for existing customers.

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

Based in Hudson, Wisconsin, Phillips-Medisize Corporation, through
its wholly-owned subsidiary, Phillips Plastics Corporation,
provides engineering design and contract manufacturing services to
the drug delivery, consumable diagnostic and specialty commercial
markets. Roughly two-thirds of Phillips' production revenue is
derived from medical device, diagnostic, specialty inhalation and
drug delivery-related products, with the remaining third derived
from commercial market products. Phillips is privately held by
financial sponsor, Golden Gate Capital, and the company generates
annual net sales of approximately $700 million, including recent
acquisitions.


PIONEER ENERGY: Copy of Presentation at EnerCom Conference
----------------------------------------------------------
From time to time, senior management of Pioneer Energy Services
meets with groups of investors and business analysts.  The Company
filed with the Securities and Exchange Commission copies of slides
that have been prepared in connection with management's
participation in those meetings and participation in the EnerCom
Oil and Gas Conference on Aug. 17, 2016.  The slides provide an
update on the Company's operations and certain recent developments,
which among others, include the following:

Drilling

  * July utilization was 36%; current utilization is 35% based on
    a total fleet of 31 rigs.
  * Two incremental rigs will mobilize from the Bakken to
    Appalachia in September, one of which will begin work on a
    one-year term contract.  Assuming currently working rigs
    remain working, then utilization for the fourth quarter will
    increase to approximately 42%.

Well Servicing

  * July utilization was 40% as compared to 40% in the prior
    quarter

Coiled Tubing
  
  * July utilization was 16% as compared to 20% in the prior
    quarter

The slides are available for free at https://is.gd/o4YtRs

                     About Pioneer Energy

Pioneer Energy Services Corp. provides land-based drilling services
and production services to a diverse group of independent and large
oil and gas exploration and production companies in the United
States and internationally in Colombia.  The Company also provides
two of its services (coiled tubing and wireline services) offshore
in the Gulf of Mexico.

Pioneer Energy reported a net loss of $155 million in 2015
following a net loss of $38 million in 2014.

As of March 31, 2016, Pioneer Energy had $787 million in total
assets, $471 million in total liabilities and $315 million in total
shareholders' equity.

                            *    *    *

As reported by the TCR on March 7, 2016, Moody's Investors Service,
on March 3, 2016, downgraded Pioneer Energy Services Corp.'s
Corporate Family Rating (CFR) to Caa3 from B2, Probability of
Default Rating (PDR) to Caa3-PD from B2-PD, and senior unsecured
notes to Ca from B3.

"The rating downgrades were driven by the material deterioration in
Pioneer Energy's credit metrics through 2015 and our expectation of
continued deterioration through 2016.  The demand outlook for
drilling and oilfield services is extremely weak, as witnessed by
the steep and continued drop in the US rig count" said Sreedhar
Kona, Moody's Vice President. "The negative outlook reflects the
deteriorating fundamentals of the services sector and the
likelihood of covenant breaches"

Pioneer Energy carries a "B+" corporate credit rating from
Standard & Poor's Ratings.


PLANDAI BIOTECHNOLOGY: Incurs $1.09M Net Loss in March 31 Quarter
-----------------------------------------------------------------
Plandai Biotechnology, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $1.09 million on $100,295 of revenues for the three months ended
June 30, 2016, compared to a net loss of $6.27 million on $21,700
of revenues for the same period in 2015.

For the nine months ended March 31, 2016, the Company reported a
net loss of $3.01 million on $198,000 of revenues compared to a net
loss of $8.14 million on $64,024 of revenues for the nine months
ended March 31, 2015.

As of March 31, 2016, Plandai had $6.62 million in total assets,
$17.1 million in total liabilities, and a stockholders' deficit of
$10.4 million.

                 Liquidity and Capital Resources

For the nine months ended March 31, 2016, the Company used cash in
operating activities totaling $828,813, which was primarily
attributable to a loss from operations of $3,015,116 offset against
several non-cash expense items such as depreciation of $394,000,
stock issued for services of $273,350, deferred lease obligation of
$251,000, and interest expense of $560,000 which was added to the
loan balance.  Additionally, the loss was offset by changes in
assets and liabilities accounts.  Cash used in investing activities
was $11,379, which consisted of the purchase of fixed assets.  Cash
provided by financing activities was $865,000 generated by third
party loans of $400,000, the issuance of $275,000 in convertible
debt, the sale of common stock of $293,660, and the issuance of a
note payable to a related party of $50,526, all of which was offset
by the repayment of long-term debt of $154,009.

As of March 31, 2016, the Company had current assets of $176,350
compared to current liabilities of $15.4 million.  Current
liabilities include accounts payable and accrued liabilities of
$476,349, and accrued interest of $598,410.  Included in current
liabilities is $13.9 million in notes payable, of which $4.69
million is long-term debt that has been reclassified as current due
to the Company being out of compliance with certain loan
covenants.

                         Plan of Operation

"The Company's long-term existence is dependent upon our ability to
execute our operating plan and to obtain additional debt or equity
financing to fund payment of obligations and provide working
capital for operations.  In April 2012, the Company through
majority-owned subsidiaries of Dunn Roman Holdings Africa (Pty)
Limited, executed final loan documents on a 100 million Rand
(approx. $6.5 million at current rate of exchange) financing with
the Land and Agriculture Bank of South Africa and began
rehabilitating the Senteeko Tea Estate so that it can begin
producing up to 20 metric tons of tea leaf per day commencing with
the September 2015 growing season.  The Company has also completed
construction of the factory and associated equipment necessary to
begin the extraction process on live botanical matter, including
green tea and citrus, with the factory becoming operational in
December 2014.  The facility commenced processing green tea
material for its Phytofare Catechin Complex in January 2015 and
sales commenced in May 2015.  In addition, the Company borrowed
$6,900,000 from an unrelated third party and sold shares of
restricted common stock to raise operating capital.  Management
anticipates that, over the coming several months, the Company will
continue to need additional investment in the form of either debt
or proceeds from the sale of stock until such time as it can
generate sufficient cash flow from the sale of its products."

The Company's quarterly report on Form 10-Q is available from the
SEC Web site at https://is.gd/uNvbQ6

                           About Plandai

Based in Goodyear, Arizona, Plandai Biotechnology, Inc., through
its recent acquisition of Global Energy Solutions, Ltd., and its
subsidiaries, focuses on the farming of whole fruits, vegetables
and live plant material and the production of proprietary
functional foods and botanical extracts for the health and
wellness industry.  Its principle holdings consist of land, farms
and infrastructure in South Africa.

Plandai reported a net loss of $10.07 million on $92,898 of
revenues for the year ended June 30, 2015, compared to a net loss
of $16.04 million on $265,735 of revenues for the year ended June
30, 2014.

Pritchett, Siler & Hardy P.C., in Farmington, Utah, issued a "going
concern" qualification on the consolidated financial statements for
the year ended June 30, 2015, citing that the Company Company
suffered a loss from operations during the years ended June 30,
2015 and 2014, has yet to establish a reliable, consistent and
proven source of revenue to meet its operating costs on an ongoing
basis and currently does not have sufficient available funding to
fully implement its business plan.  These factors raise substantial
doubt about its ability to continue as a going concern.


PLY GEM HOLDINGS: Offering $200 Million Worth of Securities
-----------------------------------------------------------
Ply Gem Holdings, Inc., filed a Form S-3 registration statement
with the Securities and Exchange Commission relating to the
Company's offer to sell debt securities, preferred stock, common
stock, depositary shares, warrants, purchase contracts and units
with an aggregate initial offering price of up to $200,000,000 (or
the equivalent in foreign currencies).  Certain of the Company's
selling stockholders may offer for sale, from time to time in one
or more offerings, up to an aggregate of 47,957,011 shares of the
Company's common stock.  The common stock of Ply Gem Holdings, Inc.
is listed on the New York Stock Exchange under the trading symbol
"PGEM."  A full-text copy of the regulatory filing is available for
free at https://is.gd/3uH4xq

                        About Ply Gem

Based in Cary, North Carolina, Ply Gem Holdings Inc. is a
diversified manufacturer of residential and commercial building
products, which are sold primarily in the United States and
Canada, and include a wide variety of products for the residential
and commercial construction, the do-it-yourself and the
professional remodeling and renovation markets.

Ply Gem reported net income of $32.3 million on $1.83 billion of
net sales for the year ended Dec. 31, 2015, compared to a net loss
of $31.3 million on $1.56 billion of net sales for the year ended
Dec. 31, 2014.

As of July 2, 2016, the Company had $1.29 billion in total assets,
$1.35 billion in total liabilities and a total stockholders'
deficit of $57.6 million.

                         *     *     *

In May 2010, Standard & Poor's Ratings Services raised its
(unsolicited) corporate credit rating on Ply Gem to 'B-' from
'CCC+'.  "The ratings upgrade reflects our expectation that the
Company's credit measures are likely to improve modestly over the
next several quarters to levels that we would consider more in
line with the 'B-' corporate credit rating," said Standard &
Poor's credit analyst Tobias Crabtree.


POSITIVEID CORP: Closes $435K Note Purchase Agreements
------------------------------------------------------
PositiveID Corporation closed a Securities Purchase Agreement with
GHS Investments, LLC, dated Aug. 11, 2016, providing for the
purchase of a Secured Convertible Promissory Note in the aggregate
principal amount of up to $330,000, with the first tranche funded
being in the amount of $50,000.  Subsequent tranches of $50,000
will be delivered to the Company bi-weekly and at the sole
discretion of GHS.  The GHS Note has a 10% original issuance
discount to offset transaction, diligence and legal costs.  The GHS
Note bears an interest rate of 10%, which is payable in the
Company's common stock based on the conversion formula, and the
maturity date for each funded tranche will be 12 months from the
date on which the funds are received by the Company.  The GHS Note
may be converted by GHS at any time into shares of Company's common
stock at a 37.5% discount to the lowest volume-weighted average
price for the Company's common stock during the 15 trading days
immediately preceding a conversion date.  The GHS Note is secured
by all property of the Company, however, is behind the security
interests previously in place with three other creditors as set
forth in the GHS SPA.

The GHS Note is a long-term debt obligation that is material to the
Company.  The GHS Note may be prepaid in accordance with the terms
set forth in the GHS Note.  The GHS Note also contains certain
representations, warranties, covenants and events of default
including if the Company is delinquent in its periodic report
filings with the Securities and Exchange Commission, and increases
in the amount of the principal and interest rates under the GHS
Note in the event of such defaults.  In the event of default, at
the option of GHS and in GHS's sole discretion, GHS may consider
the GHS Note immediately due and payable.

PositiveID closed a Securities Purchase Agreement with Crossover
Capital Fund I, LLC, dated Aug. 17, 2016, providing for the
purchase of two Convertible Redeemable Notes in the aggregate
principal amount of $105,264, with the first note having an
original principal balance of $52,632 and the second note having an
original principal balance of $52,632.  Crossover Note I has been
funded, with the Company receiving net proceeds of $50,000 (net of
original issue discount).  With respect to Crossover Note II,
Crossover issued a secured note to the Company in the same amount
as initial payment for Crossover Note II.

The funding of Crossover Note II is due by Feb. 17, 2017, and is
subject to certain conditions as described in the Company Secured
Note, including that the Company meets the "current information
requirements" of Rule 144 promulgated under the Securities Act of
1933, as amended.  Crossover is required to pay the principal
amount of the Company Secured Note in cash and in full prior to
executing any conversions under Crossover Note II.  The Crossover
Notes bear an interest rate of 10%, which is payable in the
Company's common stock based on the conversion formula, and are due
and payable before or on Aug. 17, 2017, provided that the holder of
the Crossover Notes may at any time send in a notice of conversion
to the Company for interest shares and the dollar amount converted
into interest shares shall be all or a portion of the accrued
interest calculated on the unpaid principal balance of the
applicable note on the date of such notice.  The Crossover Notes
(subject to funding in the case of Crossover Note II) may be
converted by Crossover at any time into shares of Company's common
stock at a price equal to the lower of (i) $0.10 per share or (ii)
a 37.5% discount to the lowest closing bid price of the Company's
common stock as reported on the OTCQB for the 15 prior trading days
including the day upon which a notice of conversion is received by
the Company or its transfer agent.

The Crossover Notes are long-term debt obligations that are
material to the Company.  The Crossover Notes may be prepaid in
accordance with the terms set forth in the Crossover Notes.  The
Crossover Notes also contain certain representations, warranties,
covenants and events of default including if the Company is
delinquent in its periodic report filings with the Securities and
Exchange Commission, and increases in the amount of the principal
and interest rates under the Crossover Notes in the event of such
defaults.  In the event of default, at the option of Crossover and
in Crossover's sole discretion, Crossover may consider the
Crossover Notes immediately due and payable.

                      About PositiveID

Delray Beach, Fla.-based PositiveID Corporation has historically
developed, marketed and sold RFID systems used for the
identification of people in the healthcare market.  Beginning in
early 2011, the Company has focused its strategy on the growth of
its HealthID business, including the continued development of its
GlucoChip, its Easy Check breath glucose detection device, its
iglucose wireless communication system, and potential strategic
acquisition opportunities of businesses that are complementary to
its HealthID business.

PositiveID reported a net loss attributable to common stockholders
of $11.5 million on $2.94 million of revenues for the year ended
Dec. 31, 2015, compared with a net loss attributable to common
stockholders of $8.22 million on $945,000 of revenues for the year
ended Dec. 31, 2014.

As of March 31, 2016, PositiveID had $3.61 million in total assets,
$17.9 million in total liabilities, and a total stockholders'
deficit of $14.3 million.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2015, citing that the Company reported a
net loss, and used cash for operating activities of approximately
$11,404,000 and $4,507,000 respectively, in 2015.  At Dec. 31,
2015, the Company had a working capital deficiency, a stockholders'
deficit and an accumulated deficit of approximately $10,694,000,
$11,842,000 and $144,161,000 respectively.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern.


PREMO AUTO BODY: Taps Timothy McGary as Legal Counsel
-----------------------------------------------------
Premo Auto Body, Inc. seeks approval from the U.S. Bankruptcy Court
for the Western District of Virginia to hire a legal counsel.

The Debtor proposes to hire Timothy McGary to provide legal
services in connection with its Chapter 11 case.  He will be paid
$250 per hour for his services and will receive reimbursement for
work-related expenses.

Mr. McGary has no connection with the Debtor or its creditors,
according to court filings.

Mr. McGary's contact information is:

     Timothy J. McGary, Esq.
     8609 Westwood Center Drive, Suite 203
     Vienna, VA 22182
     Tel: (703) 352-4985
     Fax: (703) 352-5938
     Email: tjm@mcgary.com

                      About Premo Auto Body

Premo Auto Body Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W. D. Va. Case No. 16-61648) on August 16,
2016.


QUALITY FLOAT: Can Use FC Market Place Cash on Interim Basis
------------------------------------------------------------
Judge Deborah L. Thorne of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Quality Float Works, Inc.,
to use cash collateral belonging to FC Market Place, LLC, on an
interim basis.

The Debtor was ordered to deposit all monies collected in
connection with the collateral in its Debtor in Possession account,
or temporarily deposit funds from credit card payments into its
existing account and then sweep the funds into its Debtor in
Possession account.  The accounts will be held at First Midwest
Bank.

The Debtor was directed to make monthly adequate protection
payments to FC Market Place in the amount of $1,000 no later than
Sept. 8, 2016 or upon entry of a final order approving the use of
cash collateral.

A status and final hearing on the Debtor's use of cash collateral
is scheduled on Sept. 6, 2016 at 10:00 a.m.

A full-text copy of the Order, dated Aug. 17, 2016, is available at
https://is.gd/Rcnbgk

                      About Quality Float Works

Quality Float Works, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N. D. Ill. Case No. 16-25753) on Aug.
11, 2016.  The Debtor is represented by Robert R. Benjamin, Esq.,
Beverly A. Berneman, Esq., and Matthew P. Bachochin, Esq., at Golan
& Christie LLP.  The case is assigned to Judge Deborah L. Thorne.


QUALITY FLOAT: Can Use First Midwest Cash on Interim Basis
----------------------------------------------------------
Judge Deborah L. Thorne of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Quality Float Works, Inc.,
to use cash collateral belonging to First Midwest Bank on an
interim basis.

The Debtor was directed to make monthly adequate protection
payments to First Midwest in the amount of $4,663 no later than
Aug. 23, 2016 or upon entry of a final order approving the use of
cash collateral.

First Midwest was granted a replacement lien upon the Debtor's
assets acquired after the Petition Date and their proceeds, to the
extent that the collateral is utilized.

A status and final hearing on the Debtor's use of cash collateral
is scheduled on Sept. 6, 2016 at 10:00 a.m.

A full-text copy of the Order, dated Aug. 17, 2016, is available at
https://is.gd/T6W70w

                   About Quality Float Works

Quality Float Works, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N. D. Ill. Case No. 16-25753) on Aug.
11, 2016.  The Debtor is represented by Robert R. Benjamin, Esq.,
Beverly A. Berneman, Esq., and Matthew P. Bachochin, Esq., at Golan
& Christie LLP.  The case is assigned to Judge Deborah L. Thorne.


QUOTIENT LIMITED: Recurring Losses Casts Going Concern Doubt
------------------------------------------------------------
Quotient Limited filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss loss of
$16.23 million on $5.72 million of total revenue for the quarter
ended June 30, 2016, compared to a net loss $10.15 million on $4.85
million of total revenue for the same period last year.

As of June 30, 2016, the Company had $102.08 million in total
assets, $74.23 million in total liabilities and $27.86 million in
total shareholders' equity.

The Company has incurred net losses and negative cash flows from
operations in each year since it commenced operations in 2007 and
had an accumulated deficit of $124.5 million as of June 30, 2016.
At June 30, 2016 the Company had cash holdings of $22.4 million and
had covenants in place with lenders to maintain cash holdings above
$10 million.  The Company has expenditure plans over the next
twelve months that exceed its current cash holdings, raising
substantial doubt about its ability to continue as a going concern.


The Company expects to fund its operations in the near term,
including the continued development of MosaiQTM to
commercialization, from a combination of funding sources, including
through the use of existing cash balances and the issuance of new
equity or debt.  The Company's Directors are confident in the
availability of these funding sources and accordingly have prepared
the financial statements on the going concern basis.  However,
there can be no assurance the Company will be able to obtain
adequate financing when necessary and the terms of any financings
may not be advantageous to the Company and may result in dilution
to its shareholders.  

A full-text copy of the company's quarterly report is available for
free at:

                    http://bit.ly/2aX7RKi

Quotient Limited is a commercial-stage diagnostics company
committed to reducing healthcare costs and improving patient care
through the provision of innovative tests within established
markets. The Company's initial focus is on blood grouping and donor
disease screening, which is commonly referred to as transfusion
diagnostics.  Blood grouping involves specific procedures performed
at donor or patient testing laboratories to characterize blood,
which includes antigen typing and antibody identification. Disease
screening involves the screening of donor blood for unwanted
pathogens using two different methods, a serological approach
(testing for specific antigens or antibodies) and a molecular
approach (testing for DNA or RNA).  The company is headquartered in
Midlothian, United Kingdom.



ROGER ALLEN MCCRACKEN: Brock Mansfield Joins Creditors' Committee
-----------------------------------------------------------------
Brock Mansfield has joined the official committee of unsecured
creditors in the Chapter 11 case of Roger Allen McCracken.

The committee members are:

     (1) Tom Reese
         Pacific Continental Bank
         805 S.W. Broadway, Suite 780
         Portland, OR 97205
         Tel: (503) 350-5340
         Fax: (503) 796-0101
         E-mail: tom.reese@therightbank.com

     (2) Randy Burke
         13563 S.E. 27th Place
         Bellevue, WA 98005
         Tel: (425) 644-0351
         Cell: (425) 985-0284
         E-mail: rburke@burkeelectric.com

     (3) Brock Mansfield
         Keeler Investments Group
         2448 76th Avenue SE, Suite 220
         Mercer Island, WA 98040
         Tel: (206) 778-7095
         E-mail: brock@keelerinvestments.com

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                  About Roger Allen McCracken

Roger Allen McCracken sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 16-13561) on July 6,
2016.  The Debtor is represented by Jamie J. McFarlane, Esq., at
The Tracy Law Group PLLC.


SANCTUARY REVOCABLE: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Sanctuary Revocable Trust.

Headquartered in Oldsmar, Florida, Sanctuary Revocable Trust filed
for Chapter 11 bankruptcy protection (Bankr. M.D. Fla. Case No.
16-06149) on July 19, 2016.  Scott A. Stichter, Esq., at Stichter,
Riedel, Blain & Postler, P.A., serves as the Debtor's bankruptcy
counsel.

In its Petition, the Debtor estimated its assets and liabilities at
between $500,001 and $1 million each.


SCPD GRAMERCY: Taps Pick & Zabicki as Legal Counsel
---------------------------------------------------
SCPD Gramercy 1 Holding LLC and SCPD Gramercy 1 LLC filed separate
applications seeking court approval to hire a legal counsel in
connection with their Chapter 11 cases.

In their applications, the Debtors asked for approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire Pick
& Zabicki LLP to provide these legal services:

     (a) advise the Debtors with respect to their rights and
         duties;

     (b) advise and assist the Debtors in preparing financial
         documents;

     (c) prepare legal papers and represent the Debtors at all
         hearings;

     (d) prosecute and defend litigated matters that may arise
         during the Debtors' bankruptcy cases;

     (e) assist the Debtors in the formulation and negotiation of
         a plan of reorganization; and

     (f) assist the Debtors in analyzing the claims of creditors.

The hourly rates of Pick & Zabicki partners range from $350 to
$425.  Meanwhile, the firm's associates and paraprofessionals
charge $250 per hour and $125 per hour, respectively.

Douglas Pick, Esq., at Pick & Zabicki, disclosed in a court filing
that the firm is a "disinterested person" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

      Douglas J. Pick, Esq.
      Pick & Zabicki LLP
      369 Lexington Avenue, 12th Floor
      New York, NY 10017
      Tel: (212) 695-6000
      Fax: (212) 695-6007
      Email: dpick@picklaw.net

                        About SCPD Gramercy

SCPD Gramercy 1 LLC and SCPD Gramercy 1 Holding LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S. D.
N.Y. Case Nos. 16-11886 and 16-11885) on June 30, 2016.  The
petitions were signed by Arnold Cariaso, authorized signor on
behalf of the manager SC Property Development, LLC.  

The cases are assigned to Judge Sean H. Lane.

At the time of the filing, the Debtors estimated their assets and
debts at $0 to $50,000.


SEANERGY MARITIME: Annual Meeting Set for September 28
------------------------------------------------------
Seanergy Maritime Holdings Corp. notified its shareholders that an
annual meeting will be held at the Company's executive offices at
16 Grigoriou Lambraki Street, 2nd Floor, 16674 Glyfada, Athens,
Greece, on Sept. 28, 2016, at 6:00 p.m. local time.

At the Meeting, holders of shares of the Company's common stock
will consider and vote upon the following proposals:

  1. To elect two Class A Directors to serve until the 2019 Annual

     Meeting of Shareholders;

  2. To approve the appointment of Ernst & Young (Hellas)
     Certified Auditors - Accountants S.A. to serve as the
     Company's independent auditors for the fiscal year ending
     Dec. 31, 2016; and

  3. To transact other such business as may properly come before
     the Meeting or any adjournment thereof.

Adoption of Proposal One requires the vote of a plurality of the
votes cast at the Meeting.  Adoption of Proposal Two requires the
vote of the holders of a majority of the stock represented and
entitled to vote at the Meeting.

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

                    https://is.gd/h1xIUN

                       About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet
of seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as
well as bauxite, phosphate, fertilizer and steel products.

For the year ended Dec. 31, 2015, the Company reported a net loss
of US$8.95 million on US$11.22 million of net vessel revenue
compared to net income of US$80.34 million on US$2.01 million of
net vessel revenue for the year ended Dec. 31, 2014.

As of March 31, 2016, the Company had US$206 million in total
assets, US$185 million in total liabilities, and US$21.09 million
in stockholders' equity.


SEQUENOM INC: Preliminary Injunction Hearing Set for Sept. 1
------------------------------------------------------------
A putative class action lawsuit was filed on Aug. 17, 2016, by a
single plaintiff in the United States District Court for the
Southern District of California (Case No. 3:16-cv-02084-JAH-KSC)
against Sequenom and individual members of Sequenom's Board of
Directors.  The action, styled Shikha Gupta v. Sequenom, Inc., et
al., alleges that (i) Sequenom and individual members of Sequenom's
Board of Directors violated Sections 14(e) and 14(d)(4) of the
Exchange Act and Rule 14D-9 thereunder by, knowingly or with
deliberate recklessness, misrepresenting and/or omitting disclosure
of material information in the Recommendation Statement regarding
the consideration offered to shareholders via the tender offer, the
intrinsic value of Sequenom and potential conflicts of interest on
the part of Sequenom's individual directors and financial advisor
and (ii) individual members of Sequenom's Board of Directors
violated Section 20(a) of the Exchange Act as controlling persons
who had the ability to prevent the issuance of the Recommendation
Statement or to cause it to not be materially false or misleading.

The plaintiff seeks (i) an order certifying the action as a class
action and appointing plaintiff as the class representative, (ii)
an injunction against the closing of the Offer and the consummation
of the proposed merger of Sequenom with Purchaser, unless or until
Sequenom discloses the requested information or, in the
alternative, to rescind the sale of Sequenom and award plaintiff
and the class rescissory damages, (iii) an accounting of all
damages suffered as a result of the individual defendants' alleged
wrongdoing in an unspecified amount, (iv) an award of the costs of
this action, including reasonable attorneys' and experts' fees and
(v) such other and further equitable relief as the court deems just
and proper.

On Aug. 18, 2016, the plaintiff in the Gupta action filed a motion
to enjoin the proposed merger.  On Aug. 19, 2016, the court in the
Gupta action issued an order setting a briefing schedule for
defendants' response to the Motion for Preliminary Injunction and
scheduling a hearing on the motion for Sept. 1, 2016.

                        About Sequenom

Sequenom, Inc. (NASDAQ: SQNM) -- http://www.sequenom.com/-- is a
life sciences company committed to improving healthcare through
revolutionary genetic analysis solutions.  Sequenom develops
innovative technology, products and diagnostic tests that target
and serve discovery and clinical research, and molecular
diagnostics markets.  The company was founded in 1994 and is
headquartered in San Diego, California.

Sequenom reported a net loss of $16.3 million on $128 million of
total revenues for the year ended Dec. 31, 2015, compared to net
income of $1.01 million on $152 million of total revenues for the
year ended Dec. 31, 2014.

As of June 30, 2016, Sequenom had $97.3 million in total assets,
$152 million in total liabilities and a $54.5 million total
stockholders' deficit.


SHORE PKWY II: Can Solicit Acceptances Through Oct. 10
------------------------------------------------------
Judge Nancy Hershey Lord of the U.S. Bankruptcy Court for the
Eastern District of New York has extended Shore PKWY II Realty
Inc.'s exclusive plan filing period through and including August
11, 2016, and the exclusive solicitation period through and
including October 10, 2016.

The Troubled Company Reporter has earlier reported that the Debtor
has asked the Court to extend the exclusive periods saying that
while its case may not be a particularly large one, the issues
facing it require a lot of time and attention to resolve.  In that
regard, the Debtor said it has been making a good faith effort to
resolve those issues, most notably with the mortgagee.  The Debtor
added that is current on all of its filing, has established a bar
date and is vigorously prosecuting its Chapter 11 case.  The Debtor
said it needs more time to continue resolving its issues with its
lender.

The Debtor tells the Court that it believes that it has worked
diligently over the past three months to foster negotiations in
order to work out the remaining issues with the mortgagee.  

                 About Shore PKWY II

Shore PKWY II Realty Inc. filed for Chapter 11 bankruptcy
protection (Bankr. E.D.N.Y. Case No. 16-40147) on Jan. 13, 2016.
The Debtor is represented by Vogel Bach & Horn, P.C., which can be
reached at:

      VOGEL BACH & HORN, LLP
      Eric H. Horn, Esq.
      Heike M. Vogel, Esq.
      1441 Broadway, Suite 5031
      New York, New York 10018
      Tel. (212) 242-8350
      Fax (646) 607-2075

No official committee has been appointed in the Chapter 11 Case by
the U.S. Trustee for the Eastern District of New York.


SIDNEY TRANSPORTATION: Taps Kentner Sellers as Accountant
---------------------------------------------------------
Sidney Transportation Services, LLC seeks approval from the U.S.
Bankruptcy Court for the Northern District of Ohio to hire Kentner
Sellers LLP as its accountant.

The firm will provide these services in connection with the
Debtor's Chapter 11 case:

     (a) assist in the completion of the Debtor's monthly
         operating reports;

     (b) consult with and aid in the preparation of financial
         reports and exhibits to the disclosure statement and plan

         of reorganization;

     (c) assist the Debtor in reviewing claims of creditors;

     (d) assist the Debtor in the preparation of tax returns; and

     (e) aid the Debtor in all accounting matters related to its
         bankruptcy case.

The firm's professionals and their hourly rates are:

     Marvin  Homan         $265
     Gregg DeVilbiss       $265
     Nick Barley           $150
     Cari Frame            $180
     Ryan Christmann       $108
     Jeri Evendeen         $120
     Christina Stastny      $90
     Danielle Antos         $90
     Theresa Smith         $154

Marvin Homan disclosed in a court filing that the members of his
firm do not hold any interest adverse to the Debtor's estate or its
creditors.

The firm can be reached through:

     Marvin J. Homan
     Kentner Sellers LLP
     801 Falls Creek Drive
     Vandalia, OH 45377

                  About Sidney Transportation

Sidney Transportation Services, LLC sought protection under Chapter
11 of the Bankruptcy Code (Bankr. N. D. Ohio Case No. 16-32270) on
July 18, 2016.  The petition was signed by Steven Woodruff,
owner/managing member.  

The case is assigned to Judge John P. Gustafson.

At the time of the filing, the Debtor estimated its assets at
$500,000 to $1 million and debts at $1 million to $10 million.


SONDIAL PROPERTIES: Hires Geeslin as Counsel
--------------------------------------------
Sondial Properties, LLC, seeks authority from the U.S. Bankruptcy
Court for the Northern District of Georgia to employ George M.
Geeslin as counsel to the Debtor.

Sondial Properties requires Geeslin to:

   (a) advise Debtor with respect to its rights, powers, duties,
       and obligations as Debtor-in-Possession in the
       administration of this case, the operation of its
       business, and the management of its property;

   (b) prepare pleadings, applications, and conduct examinations
       incidental to administration;

   (c) advise and represent Applicant in connection with all
       applications, motions, or complaints for reclamation,
       adequate protection, sequestration, relief from stays,
       appointment oftrustee or examiner, and all other similar
       matters;

   (d) develop the relationship of the status of Debtor-in-
       Possession to the claims of the creditors in these
       proceedings;

   (e) advise and assist the Debtor-in-Possession in the
       formulation and presentation of a Plan of Reorganization
       pursuant to Chapter 11 of the Bankruptcy Code and
       concerning any and all matter relating thereto; and

   (f) perform any and all other legal services incident and
       necessary herein.

Geeslin will be paid at an hourly rate of $350.  Geeslin will be
paid a retainer in the amount of $14,500.

Geeslin has been paid $3,000.00 ($1,717.00 for Chapter 11 filing
fee and $1,283.00 for pre-petition attorney fees). The source of
these funds is from a separate business account maintained by Al
Waters, principal of the Debtor.

George M. Geeslin assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estate.

Geeslin can be reached at:

     George M. Geeslin, Esq.
     Two Midtown Plaza, Suite 1350
     1349 West Peachtree Street
     Atlanta, GA 30309
     Tel: (404) 841-3464
     Fax: (866) 253-2313
     E-mail: george@gmgeeslinlaw.com

                     About Sondial Properties

Sondial Properties, LLC filed a chapter 11 petition (Bankr. N.D.
Ga. Case No. 16-63236) on Aug. 1, 2016.  The petition was signed by
Alphonso Waters, managing member. The Debtor is represented by
George M. Geeslin, Esq., in Atlanta, Georgia.  The Debtor estimated
assets and liabilities at $10 million to $50 million at the time of
the filing.


SOUTHCROSS ENERGY: Holdings, et al., Own 66.8% of Common Units
--------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Southcross Holdings GP LLC, Southcross Holdings LP,
Southcross Holdings Intermediary LLC, Southcross Holdings Guarantor
GP LLC, Southcross Holdings Guarantor LP, Southcross Holdings
Borrower GP LLC, and Southcross Holdings Borrower LP disclosed that
as of Aug. 10, 2016, they beneficially owned 44,030,950 common
units representing limited partner interests in Southcross Energy
Partners, L.P. representing 66.8% of the Units outstanding.  A
full-text copy of the regulatory filing is available for free at
https://is.gd/DaonZW

               About Southcross Energy Partners

Southcross Energy Partners, L.P. is a master limited partnership
that provides natural gas gathering, processing, treating,
compression and transportation services and NGL fractionation and
transportation services.  It also sources, purchases, transports
and sells natural gas and NGLs.  Its assets are located in South
Texas, Mississippi and Alabama and include four gas processing
plants, two fractionation plants and approximately 3,100 miles of
pipeline.  The South Texas assets are located in or near the Eagle
Ford shale region. Southcross is headquartered in Dallas, Texas.
Visit www.southcrossenergy.com for more information.

Southcross Energy reported a net loss attributable to partners of
$51.4 million on $698 million of total revenues for the year ended
Dec. 31, 2015, compared to a net loss attributable to partners of
$36.7 million on $849 million of total revenues for the year ended
Dec. 31, 2014.  

As of June 30, 2016, Southcross had $1.23 billion in total assets,
$617 million in total liabilities, and $615 million in total
partners' capital.

                             *    *    *

As reported by the TCR on April 5, 2016, Standard & Poor's Ratings
Services said it lowered its corporate credit and senior secured
rating on Southcross Energy Partners L.P. to 'CCC+' from 'B-'.

The TCR reported on Jan. 13, 2016, that Moody's Investors Service
downgraded Southcross Energy Partners, LP's Corporate Family Rating
to Caa1 from B2.  "Southcross' Caa1 CFR reflects its high financial
leverage, limited scale, concentration in the Eagle Ford Shale and
our expectation of continued high leverage and challenging industry
conditions into 2017," according to the report.


SPANISH BROADCASTING: AAA Trust Files Schedule 13D With SEC
-----------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, AAA Trust disclosed that as of Aug. 8, 2016, it
beneficially owned 760,000 shares (represents 380,000 shares of
Series C Preferred Stock, each of which is convertible into two
shares of Class A Common Stock).  The Shares represent 10.3% of the
fully diluted shares of Class A Common Stock and Class B Common
Stock upon conversion of the Series C Preferred Stock and 2.7% of
the voting power of the fully diluted Class A Common Stock, Class B
Common Stock and Series C Preferred Stock (which is entitled to two
votes per share) voting together as a single class.

Raul Alarcon also reported beneficial ownership of 3,119,913 shares
(includes 2,286,503 shares of Class B Common Stock held in Mr.
Alarcon's own name and 53,500 shares of Class B Common Stock held
by the Alma Alarcon Trust of which Mr. Alarcon is the trustee.  The
shares of Class B Common Stock are convertible into the same number
of shares of Class A Common Stock, but are entitled to ten votes
per share).  The Shares represent 43.8% of the fully diluted Class
A Common Stock and Class B Common Stock upon conversion of the
Series C Preferred Stock and 85.4% of the voting power of the fully
diluted Class A Common Stock, Class B Common Stock and Series C
Preferred Stock (which is entitled to two votes per share) voting
together as a single class.

Mr. Alarcon is the trustee of AAA Trust and may be deemed to
control, and beneficially own securities owned or held by AAA
Trust.  Mr. Alarcon is the Chairman of the Board, Chief Executive
Officer and President of the Company.  The Company owns and
operates 17 radio stations located in the top U.S. Hispanic
markets, operates AIRE Radio Networks, and owns Mega TV, a
television operation with over-the-air, cable and satellite
distribution and affiliates through the U.S. and Puerto Rico.  The
Company also produces live concerts and events and owns multiple
bilingual websites.

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

                     https://is.gd/jWpavO

                   About Spanish Broadcasting

Headquartered in Coconut Grove, Florida, Spanish Broadcasting
System, Inc. -- http://www.spanishbroadcasting.com/-- owns and
operates 21 radio stations targeting the Hispanic audience.  The
Company also owns and operates Mega TV, a television operation
with over-the-air, cable and satellite distribution and affiliates
throughout the U.S. and Puerto Rico.  Its revenue for the twelve
months ended Sept. 30, 2010, was approximately $140 million.

                          *     *     *

In November 2010, Moody's Investors Service upgraded the corporate
family and probability of default ratings for Spanish Broadcasting
System, Inc., to 'Caa1' from 'Caa3' based on improved free cash
flow prospects due to better than anticipated cost cutting and the
expiration of an unprofitable interest rate swap agreement.
Moody's said Spanish Broadcasting's 'Caa1' corporate family rating
incorporates its weak capital structure, operational pressure in
the still cyclically weak economic climate, generally narrow
growth prospects (though Spanish language is the strongest growth
prospect) given the maturity and competitive pressures in the
radio industry, and the June 2012 maturity of its term loan
magnify this challenge.

As reported by the TCR on May 25, 2016, S&P Global Ratings said
that it lowered its corporate credit rating on U.S.
Spanish-language broadcaster Spanish Broadcasting System Inc.
(SBS) to 'CCC' from 'CCC+'.


SPANISH BROADCASTING: CBS Radio, et al., No Longer Own CL-A Shares
------------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, CBS Radio Media Corporation, CBS Radio Inc., CBS
Broadcasting Inc., Westinghouse CBS Holding Company, Inc., CBS
Corporation, National Amusements, Inc., and Sumner M. Redstone
disclosed that as of Aug. 8, 2016, they ceased to beneficially own
shares of Class A Common Stock, par value $.0001 per share, of
Spanish Broadcasting System, Inc.

The amendment was filed to report the disposition on Aug. 18, 2016,
of all of the Series C Shares beneficially owned by the Reporting
Persons pursuant to a stock purchase agreement dated Aug. 8, 2016,
among CRMC, the Issuer, Mr. Raul Alarcon and AAA Trust, a Florida
trust, of which Mr. Alarcon is the trustee.

As a result of the sale on Aug. 18, 2016, of the Series C Shares
pursuant to the Stock Purchase Agreement, the Reporting Persons
have disposed of all of the Series C Shares beneficially owned by
them and do not own any shares of the Issuer.

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

                    https://is.gd/FP4MsT

                 About Spanish Broadcasting

Headquartered in Coconut Grove, Florida, Spanish Broadcasting
System, Inc. -- http://www.spanishbroadcasting.com/-- owns and
operates 21 radio stations targeting the Hispanic audience.  The
Company also owns and operates Mega TV, a television operation
with over-the-air, cable and satellite distribution and affiliates
throughout the U.S. and Puerto Rico.  Its revenue for the twelve
months ended Sept. 30, 2010, was approximately $140 million.

As of June 30, 2016, Spanish Broadcasting had $443 million in total
assets, $556 million in total liabilities and a total stockholders'
deficit of $113 million.

                          *     *     *

In November 2010, Moody's Investors Service upgraded the corporate
family and probability of default ratings for Spanish Broadcasting
System, Inc., to 'Caa1' from 'Caa3' based on improved free cash
flow prospects due to better than anticipated cost cutting and the
expiration of an unprofitable interest rate swap agreement.
Moody's said Spanish Broadcasting's 'Caa1' corporate family rating
incorporates its weak capital structure, operational pressure in
the still cyclically weak economic climate, generally narrow
growth prospects (though Spanish language is the strongest growth
prospect) given the maturity and competitive pressures in the
radio industry, and the June 2012 maturity of its term loan
magnify this challenge.

As reported by the TCR on May 25, 2016, S&P Global Ratings said
that it lowered its corporate credit rating on U.S.
Spanish-language broadcaster Spanish Broadcasting System Inc.
(SBS) to 'CCC' from 'CCC+'.


SRS PROPERTY: Disclosures Okayed; Plan Hearing Set for Sept. 15
---------------------------------------------------------------
The Hon. Robert N. Opel, II, of the U.S. Bankruptcy Court for the
Middle District of Pennsylvania has approved SRS Property
Investment, Inc.'s first amended disclosure statement dated May 5,
2016, referring its First Amended Plan dated May 5, 2016.

A hearing to consider the confirmation of the Debtor's First
Amended Plan is scheduled for Sept. 15, 2016, at 9:30 a.m.

Aug. 31, 2016, is fixed as the last day for submitting written
acceptances or rejections of the First Amended Plan to the Debtor's
counsel.  Aug. 31 is also the last day for filing and serving
written objections to confirmation of the First Amended Plan.

Sept. 8, 2016, is fixed as the last day for filing with the Court a
tabulation of ballots accepting or rejecting the First
Amended Plan.

Headquartered in Stroudsburg, Pennsylvania, SRS Property
Investment, Inc, filed for Chapter 11 bankruptcy protection (Bankr.
M.D. Pa. Case No. 15-01167) on March 24, 2015.

Judge Robert N. Opel II presides over the case. Erik Mark Helbing,
Esq., at the Law Offices of Erik M. Helbing serves as the Debtor's
bankruptcy counsel.

The Debtor didn't indicate in its Petition the amount of its assets
and liabilities.  The petition was signed by Nicholas Revella,
president.


STEPHCHRIS OF MISSOURI: Can Use Midwest Regional Bank
-----------------------------------------------------
Judge Kathy A. Surratt-States of the U.S. Bankruptcy Court for the
Eastern District of Missouri authorized StephChris of Missouri,
LLC, to use cash collateral on a final basis.

The Debtor is indebted to Midwest Regional Bank, its primary
secured lender, in the amount of $1,900,000 as of the Petition
Date.  Midwest asserted that it holds a  first priority security
interest and lien on substantially all of the Debtor's assets,
including, but not limited to, Debtor's building and equipment, and
a junior mortgage on certain real estate located in Caseyville,
Illinois.

The Debtor contended that in order to continue the operation of its
business, the Debtor must use the proceeds of the Pre-Petition
Collateral, some of which may constitute the cash collateral in
which Midwest claims an interest.  The Debtor further contended
that without such funds, it will be unable to pay wages and other
operating expenses, or to otherwise purchase equipment and
supplies.

The Debtor was authorized to use cash collateral in the ordinary
course of its operations, consistent with the original budget
attached to its Motion, and can continue to do so until after the
expiration of the period covered by the budget.

Midwest was granted a replacement lien in all of the Debtor's
post-petition accounts receivable, inventory and untitled personal
property, superior to all other security interests and liens in
such property, subject to Carve-Out.

The Carve-Out consists of:

     (a) fees payable to the United States Trustee;

     (b) any fees payable to the Clerk of Court; and

     (c) fees and costs allowed by the Court for attorneys,
accountants, and other professionals retained in the Chapter 11
case by the Debtor.

The Debtor was directed to make monthly adequate protection
payments to Midwest in the amount of $6,000.

A full-text copy of the Order, dated Aug. 17, 2016, is available at
https://is.gd/glqkpE

StephChris of Missouri, LLC, is represented by:

          A. Thomas DeWoskin, Esq.
          DANNA MCKITRICK, PC
          7701 Forsyth Blvd., Suite 800
          St. Louis, MO 63105
              
                     About StephChris of Missouri

StephChris of Missouri, LLC, filed a chapter 11 petition (Bankr.
E.D. Mo. Case No. 16-45026-659) on July 15, 2016.  The Debtor is
represented by A. Thomas DeWoskin, Esq., at Danna McKitrick, PC.


STERLING MID-HOLDINGS: S&P Lowers Issuer Credit Rating to 'SD'
--------------------------------------------------------------
S&P Global Ratings said it lowered its issuer credit rating on
Sterling Mid-Holdings Ltd. to 'SD' (selective default) from 'CC'
and lowered the ratings on the senior notes to 'D' (default) from
'C'.  

"The rating action follows Sterling's completion of its exchange
offer for DFC Finance Corp.'s existing senior secured notes," said
S&P Global Ratings credit analyst Gaurav Parikh.  "The company
exchanged 92.4%, or $739.3 million, of its outstanding 10.5% senior
notes due in 2020 for 12% PIK toggle notes due in 2020."  Of such
principal amount, $225.2 million was tendered by its private-equity
owner, Lone Star Funds.  Under new terms, LoneStar is expected to
buy back at least $50 million of aggregate principal, of which $30
million has been repurchased, either through open-market
transactions or tender offer over the next few months.  If LoneStar
fails to buy back debt, the consenting bondholders are required to
tender their holdings at 0.65/dollar, which is currently above the
market price."

Additionally, according to the contribution commitment letter, over
the next two years, LoneStar must inject $75 million of equity into
Sterling, of which at least $20 million must be made each year.  If
the sponsor fails to make these contributions, it is required to
deliver an evergreen irrevocable letter of credit for the deficit.
According to the turnover agreement, in an event of bankruptcy,
LoneStar will bear the first loss on $50 million of the new notes.
Sterling expects to make cash interest payments of about 1% on its
new notes (11% PIK) and full interest payments at 10.50% on its
existing senior notes.

Following the exchange offer, the company will have about
$60.7 million of senior notes outstanding.  Recently, the company
borrowed an extra $40 million by drawing an additional $10 million
on its securitization facility for a total outstanding balance of
$110 million.  The remaining $30 million was injected by LoneStar
through $21 million in equity and $9 million in notes payable on
demand.

S&P looks to raise the issuer credit rating and issue rating on the
senior notes from 'SD' and 'D', respectively, in as early as one
business day.  Over the next two years, S&P expects the company to
PIK its interest, which will improve its existing cash interest
coverage ratio to above 0.5x.  While improved, the ratio till
points to the unsustainability of the situation for Sterling absent
future equity injections from LoneStar.  Over the longer term, the
debt obligations on the new notes are expected to increase above
$900 million, at which point the company will have to pay cash
interest unless it further restructures its capital structure.


STRATA SKIN: Posts $498,000 Net Income for Second Quarter
---------------------------------------------------------
Strata Skin Sciences, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
of $498,000 on $7.73 million of revenues for the three months ended
June 30, 2016, compared to a net loss of $7.84 million on $611,000
of revenues for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $939,000 on $15.4 million of revenues compared to a net
loss of $15.1 million on $692,000 of revenues for the same period
last year.

As of June 30, 2016, Strata Skin had $44.4 million in total assets,
$27.1 million in total liabilities and $17.3 million in total
stockholders' equity.

As of June 30, 2016, the Company had an accumulated deficit of
$208,000 and has incurred losses and negative cash flows from
operations since inception.  To date, the Company has dedicated
most of its financial resources to research and development, sales
and marketing, and general and administrative expenses.

The Company has been dependent on raising capital from the sale of
securities in order to continue to operate and to meet its
obligations in the ordinary course of business.  Management
believes that its cash and cash equivalents as of June 30, 2016
combined with the anticipated revenues from the sale of the
Company's products will be sufficient to satisfy its working
capital needs, capital asset purchases, outstanding commitments and
other liquidity requirements associated with its existing
operations through the third quarter of 2017.

The Company's quarterly report on Form 10-Q is available from the
SEC Web site at https://is.gd/WuD5XA

                   About STRATA Skin Sciences

STRATA Skin Sciences (formerly MELA Sciences, Inc.) is a medical
technology company focused on the therapeutic and diagnostic
dermatology market.  Its products include the XTRAC laser and VTRAC
excimer lamp systems utilized in the treatment of psoriasis,
vitiligo and various other skin conditions; and the MelaFind system
used to assist in the identification and management of melanoma.

Strata Skin reported a net loss attributable to common stockholders
of $27.9 million on $18.5 million of revenues for the year ended
Dec. 31, 2015, compared to a net loss of $16.03 million on $915,000
of revenues for the year ended Dec. 31, 2014.


SUBMARINA INC: Hearing on Disclosures Scheduled for Sept. 28
------------------------------------------------------------
Submarina, Inc., and jointly administered debtor Kerensa Investment
Fund, LLC, filed with the U.S. Bankruptcy Court for the District of
Nevada a first amended disclosure statement to Submarina's plan of
reorganization on July 27, 2016, which proposes that payments and
distributions under the Plan will be funded by operating income and
by the collections paid by the collection of judgments or
settlements at or before the end of 10 years.

Hearing on the First Amended Disclosure Statement is set for Sept.
28, 2016, at 9:30 a.m.

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

           http://bankrupt.com/misc/nvb12-22097-466.pdf

As reported by the Troubled Company Reporter on Aug. 11, 2016, the
Debtor filed a Chapter 11 plan of reorganization that proposes to
pay general unsecured claims in full.  According to the First
Amended Disclosure Statement dated July 26, 2016, the Plan proposes
that Class 6 non-insider general unsecured creditors will be paid
in full, without interest, from the judgments collected from
franchisees, or will receive equal monthly installments of all
amounts collected from the judgments for a period of 120 months.

Submarina is represented by:

     Matthew L. Johnson, Esq.
     Russell G. Gubler, Esq.
     Johnson & Gubler, P.C.
     Lakes Business Park
     8831 W. Sahara Ave.
     Las Vegas, NV 89117
     Tel: (702) 471-0065
     Fax: (702) 471-0075
     E-mail: mjohnson@mjohnsonlaw.com

                      About Submarina Inc.

Submarina, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Nev. Case No. 12-22097) on Oct. 25,
2012.  The petition was signed by Bruce N. Rosenthal, president and
CEO.  

The case is assigned to Judge Mike K. Nakagawa.

At the time of the filing, the Debtor estimated its assets and
debts at $1,000,001 to $10,000,000.


SUBODH NAIK: Suhas Naik Seeks to Block Plan Outline Approval
------------------------------------------------------------
Suhas Naik filed with the U.S. Bankruptcy Court for the Northern
District of Texas an objection to the approval of the disclosure
statement describing Subodh Naik's plan of reorganization.  The
Creditor claims that the Disclosure Statement contains inadequate
information.

The Debtor owed the Creditor approximately $174,788.30 as of the
Petition Date as a result of an unrelated business transaction.
Based upon the terms of the judgment obtained by Creditor
pre‐petition, this sum is increasing at the rate of $23.80 per
day.

As reported by the Troubled Company Reporter on Aug. 11, 2016, the
Debtor filed the Disclosure statement describing the Debtor's plan
of reorganization, which proposes to make monthly payments
commencing on the Effective Date of $750 into an unsecured
creditors pool.

The Debtor asserts that he owns a 100% interest in a 1.226 acre
parcel of undeveloped land located at 1625 East Interstate Highway
30 in Garland Texas, and fully described as Faulkner Point North 2
REP, Block 1, Lot 4B, an addition to the City of Garland, Dallas
County, Texas.  The Creditor asserts that the Debtor owns only a
partial interest in the Property and, on April 8, 2016, filed an
adversary proceeding seeking to establish that the Property is in
fact owned 1/3 by the Debtor, 1/3 by Creditor, and 1/3 by Rasik
Patel.  The adversary proceeding -- assigned cause number
16‐03052‐HDH by the Clerk of the Court -- is currently
scheduled to be heard in September 2016.

The Creditor claims that the Disclosure Statement does not provide
adequate information to enable creditors to make reasonably
informed decisions on the Debtor's Plan.  The Disclosure Statement
is deficient in these ways:

     a) no details, analysis or information is provided to support

        or explain the estimated value of the Property.  Creditor
        believes that the true value of said Property could be in
        excess of $600,000;

     b) the projections attached to the Disclosure Statement
        contain no information as to the assumptions upon which
        those projections are based.  For example, the Debtor
        assumes that his income will remain stable for at least
        the next twelve months (from September 2016 through and
        including August 2018).  There is no explanation for how
        these income numbers were derived or for why the Debtor
        believes that the income will remain stable.  Nor is
        there any information beyond the twelve month period
        covered by the projections.  This is highly problematic
        given the fact that the Plan proposes a repayment term of
        as long a fifteen years as to Creditor's claim;

     c) the projections attached to the Disclosure Statement are
        curious as, they are not consistent with the actual
        revenue, or lack thereof, reflected in the Debtor's
        monthly operating reports;

     d) as the Debtor's plan is potentially dependent upon his
        ability to sell the Property, it is problematic that the
        Disclosure Statement provides no information regarding
        efforts to market the Property for sale.  Nor is any
        information provided regarding the probable time‐frame
        needed to realize the sale;

     e) as for projected expenses reflected in the projections
        attachment to the Disclosure Statement, there is no way to

        determine whether the expenses are reasonable because
        there is no information provided as to the assumptions
        used by the Debtor in compiling such list of projected
        expenses;

     f) the disclosure statement and its attachments appear to
        mischaracterize the return to creditors available in the
        event of a Chapter 7 liquidation.  On page three of his
        Disclosure Statement the Debtor indicates that "it is
        anticipated that in a Chapter 7 liquidation, the Debtor's
        creditors, other than the secured creditors, would receive

        nothing."  Exhibit C to the Disclosure Statement
        additionally reflects a "0%" dividend to unsecured
        creditors in the event of a Chapter 7 liquidation.  This
        analysis is apparently predicated upon a resolution to the

        pending Adversary Proceeding which finds that the Debtor
        owns only a 1/3 interest in the Property.  However, even
        in the event that the Adversary Proceeding results in such

        a finding, the Debtor's schedules still reflect an
        additional $155,000 of non‐exempt assets which would be
        available to satisfy allowed claims in the event of
        conversion to Chapter 7.  The Debtor's existing
non‐exempt
        cash would generate something far greater than a 0%
        dividend to unsecured creditors in the event of conversion.

        In the event of a resolution of the pending Adversary
        Proceeding which is more favorable to the Debtor, an even
        greater dividend for creditors would be expected.  The
        misleading nature of the liquidation analysis contained in

        the disclosure statement makes it difficult for creditors
        of the estate to assess the plan's ability to comply with
        the provisions of 11 U.S.C. Sections 1129(a)(7) and
        1129(b); and

     g) the Plan contemplates payments to Creditor over a period
        Of time which greatly exceeds the time period of the
        projections.  Without further financial projections,
        Creditor does not have adequate information.

The Creditor is represented by:

     Robert T. DeMarco, Esq.
     Michael S. Mitchell, Esq.
     DeMarcoMitchell, PLLC
     1255 W. 15th Street, 805
     Plano, TX 75075
     Tel: (972) 578‐1400
     Fax (972) 346‐6791
     E-mail robert@demarcomitchell.com
            mike@demarcomitchell.com

Subodh Naik filed for Chapter 11 bankruptcy protection (Bankr.
N.D.
Tex. Case No. 16-30155) on Jan. 5, 2016.  Eric A. Liepins, Esq., at
Eric A. Liepins, P.C., serves as the Debtor's counsel.


SUNPOWER BY RENEWABLE ENERGY: Taps Schwartz as Legal Counsel
------------------------------------------------------------
Sunpower By Renewable Energy Electric, Inc. seeks approval from the
U.S. Bankruptcy Court for the District of Nevada to hire Schwartz
Flansburg PLLC as its legal counsel.

The firm will provide these services in connection with the
Debtor's Chapter 11 case:

     (a) advise the Debtor with respect to its powers and duties;

     (b) attend meetings and negotiate with representatives of
         creditors and other parties;

     (c) take all necessary action to protect and preserve the
         Debtor's estate, including the prosecution of actions on

         its behalf;

     (d) prepare legal papers;

     (e) negotiate and prepare a plan of reorganization and take
         any necessary action to obtain confirmation of the plan;

     (f) advise the Debtor in connection with any sale of assets;
         and

     (g) appear before the bankruptcy court, any appellate courts,

         and the U.S. trustee.

The firm's hourly rates range from $260 to $550 for attorneys, and
$90 to $205 for legal assistants and support staff.

Samuel Schwartz, Esq., at Schwartz Flansburg, disclosed in a court
filing that the firm's attorneys are "disinterested persons" as
defined in section 101(14) of the Bankruptcy Code.

Schwartz Flansburg can be reached through:

     Samuel A. Schwartz, Esq.
     Bryan A. Lindsey, Esq.
     Schwartz Flansburg PLLC
     6623 Las Vegas Blvd. South, Suite 300
     Las Vegas, NV 89119
     Tel: (702) 385-5544
     Fax: (702) 385-2741

               About Sunpower by Renewable Energy

Sunpower by Renewable Energy Electric, Inc. filed a chapter 11
petition (Bankr. D. Nev. Case No. 16-14459-led) on August 12, 2016.
The Debtor is represented by Samuel A. Schwartz, Esq. and Bryan A.
Lindsey, Esq., at Schwartz Flansburg PLLC.

The Debtor is a solar energy company and provides solar energy
services, including the assessment and installation of solar panels
to residential and commercial customers in Nevada, Arizona and
California.


TDQ LLC: Hires Steinberg Nutter as General Bankruptcy Counsel
-------------------------------------------------------------
TDQ, LLC seeks authorization from the U.S. Bankruptcy Court for the
Central District of California to employ Steinberg, Nutter & Brent,
Law Corporation as general bankruptcy counsel.

The Debtor requires Steinberg Nutter to:

   (a) assist the Debtor in the administration of the estate and
       to facilitate matters concerning administrative duties,
       which is the responsibility of a debtor-in-possession.
       Steinberg Nutter's duties will include counseling the
       Debtor with regard to the U.S. Trustee requirements and the

       providing of information and documentation to the U.S.
       Trustee's Office as required under the Local Bankruptcy
       Rules and the U.S. Trustee Guidelines; and

   (b) facilitate the Debtor's performance of other administrative

       mattes which are its responsibilities under the Bankruptcy
       Code. These matters include the hiring of professionals to
       allow the Debtor to function in the Chapter 11 proceeding,
       and assisting in the preparation and filing of a disclosure

       statement and plan of reorganization and all manners of
       matters which involve the Debtor.

Steinberg Nutter will be paid at these hourly rates:

       Partners                $450
       Associates              $275
       Paralegals              $125
       Clerks                  $95

Steinberg Nutter will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Steinberg Nutter received a retainer of $10,717.

Paul M. Brent, member of Steinberg Nutter, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Steinberg Nutter can be reached at:

       Paul M. Brent, Esq.
       STEINBERG, NUTTER &
       BRENT, LAW CORPORATION
       23801 Calabasas Road, Suite 2031
       Calabasas, CA 91302
       Tel: (818) 876-8535
       Fax: (818) 876-8536
       E-mail: snb300@aol.com

TDQ, LLC, filed a Chapter 11 bankruptcy petition (Bankr. C.D. Cal.
Case No. 16-19218) on July 12, 2016.  The Debtor is represented by
Paul M. Brent, Esq.


TLO LLC: TransUnion Obtains Favorable Ruling in IDI IP Dispute
--------------------------------------------------------------
IDI, Inc., a data and analytics company, on Aug. 19, 2016,
disclosed that on Aug. 18, the U.S. Bankruptcy Court for the
Southern District of Florida, West Palm Beach Division, issued an
order in the Company's pending litigation with TransUnion Risk and
Alternative Data Solutions, Inc., regarding a dispute over
ownership of certain intellectual property previously created by
IDI Chief Science Officer Ole Poulsen and currently being used to
power TransUnion's competitive product.  The litigation relates to
certain intellectual property created by Mr. Poulsen as a founder
of competitor TLO, LLC.  TransUnion acquired substantially all of
the assets of TLO, LLC in December 2013.  The Court's order, among
other things, deemed the intellectual property in dispute to be
owned by TLO, LLC and, thus, acquired by TransUnion.

Following the Court's order, CEO Derek Dubner stated, "While we are
disappointed with the Court's ruling, our primary focus remains on
serving our customers with our newly-developed, proprietary
technology platform, CORE(TM), and this ruling will have no bearing
on our ability to serve customers.  We are seeing extraordinary
demand for our newly-released investigative product, idiCORE(TM),
and we are working aggressively to evolve the product to meet
demand across multiple verticals.  While this case began as a
dispute over ownership and TransUnion's continued use of
intellectual property developed by Mr. Poulsen at a previous
company, it became readily apparent that this action was clearly a
part of a broader effort by TransUnion to use litigation to
preserve TransUnion's market position and to deter competition.  We
will explore all options, including filing an appeal."

The case is TransUnion Risk and Alternative Data Solutions, Inc. v.
The Best One, Inc. and Ole Poulsen, Case No. 13-20853, Adversary
Proceeding No. 14-01793, United States Bankruptcy Court, Southern
District of Florida, West Palm Beach Division.

                         About TLFO LLC

TLO LLC, a provider of risk-mitigation services, filed a petition
for Chapter 11 reorganization (Bankr. S.D. Fla. Case No.
13-bk20853) on May 9, 2013, in West Palm Beach, Florida, near the
company's headquarters in Boca Raton.  The petition was signed by
E. Desiree Asher as CEO.

Judge Paul G. Hyman, Jr., presides over the case.  Robert C. Furr,
Esq., and Alvin S. Goldstein, Esq., at Furr & Cohen, serve as the
Debtor's counsel.  Bayshore Partners, LLC is the Debtor's
investment banker.  Thomas Santoro and GlassRatner Advisory &
Capital Group, LLC are the Debtor's financial advisors.

Paul J. Battista, Esq., and Mariaelena Gayo-Guitian, Esq., at
Genovese, Joblove & Battista, P.A., represent the Official
Committee of Unsecured Creditors as counsel.

The Debtor disclosed assets of $46.6 million and liabilities of
$109.9 million, including $93.4 million in secured claims.  The
principal lender is Technology Investors Inc., owed $89 million.
TII is owned by the estate of Hank Asher, the company's primary
owner who died this year.  There is $4.6 million secured by
computer equipment.

                           *     *     *

On Dec. 13, 2013, the Court authorized the Debtor to sell its
assets to TransUnion Holding Co. Inc., which emerged as the winner
at an auction with a bid of $154 million.

The Court later authorized debtor TLO, LLC to amend its name to
TLFO, LLC, which name change was required under the purchase
agreement.

In May 2014, TLFO LLC won court approval for a liquidating Chapter
11 plan with at least $18.7 million for distribution to
shareholders, assuming the deceased founder's secured claim of
$91.1 million isn't knocked out.


TOTAL HOCKEY: Creditors' Panel Hires Cooley LLP as Lead Counsel
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Total Hockey, Inc.
and its debtor-affiliates seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of Missouri to retain
Cooley LLP as lead counsel of the Committee, nunc pro tunc to July
15, 2016.

The Committee requires Cooley LLP to:

   (a) attend the meetings of the Committee;

   (b) review financial and operational information furnished by
       the Debtors to the Committee;

   (c) analyze and negotiate the budget and the terms of the
       Debtors' use of cash collateral;

   (d) assist in the Debtors' efforts to sell their assets in a
       manner that maximizes value for creditors;

   (e) review and investigate the liens of purported secured
       parties;

   (f) review and investigate prepetition transactions in which
       the Debtors and/or their insiders were involved;

   (g) assist the Committee in negotiations with the Debtors and
       other parties in interest on any proposed Chapter 11 plan
       or exit strategy for these cases;

   (h) confer with the Debtors' management, counsel and financial
       advisor and any other retained professional;

   (i) confer with the principals, counsel and advisors of the
       Debtors' lenders and equity holders;

   (j) review the Debtors' schedules, statements of financial
       affairs and business plan;

   (k) advise the Committee as to the ramifications regarding all
       of the Debtors' activities and motions before this Court;

   (l) file appropriate pleadings on behalf of the Committee;

   (m) review and analyze the Debtors' financial advisors' work
       product and report to the Committee;

   (n) provide the Committee with legal advice in relation to the
       chapter 11 cases;

   (o) prepare various pleadings to be submitted to the Court for
       consideration; and

   (p) perform such other legal services for the Committee as may
       be necessary or proper in these proceedings.

The current regular hourly rates of the Cooley professionals
anticipated to be primarily staffed on this matter are:

       Jay R. Indyke, Partner              $1,115
       Jeffrey L. Cohen, Partner           $850
       Sarah A. Carnes, Associate          $495
       Evan M. Lazerowitz, Associate       $425
       Mollie Canby, Paralegal             $225

Cooley LLP will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Cooley has agreed to provide the Committee with a voluntary 10%
discount on fees throughout its engagement in the case, which shall
be reflected in any fee applications filed.

Jay R. Indyke, partner of Cooley LLP, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

Cooley LLP can be reached at:

       Jay R. Indyke, Esq.
       COOLEY LLP
       The Grace Building
       1114 Avenue of the Americas
       New York, NY 10036-7798
       Tel: (212) 479-6080
       Fax: (212) 479-6275
       E-mail: jindyke@cooley.com

                        About Total Hockey

Headquartered in Maryland Heights, Missouri, Total Hockey, Inc.,
Player's Bench Corporation and Hipcheck, LLC sell lacrosse and
hockey equipment in 32 retail store locations and three
distribution centers in 12 states including Chicago, Minneapolis,
Detroit, and Philadelphia.  The Debtors were formed in in 1999 as a
spin off from a local general sporting goods company.

The Debtors operate e-commerce sites at
http://www.totalhockey.com/,http://www.goalie.totalhockey.com/,
and http://www.lacrosse.totalhockey.com/ In  2015, the Debtors
generated 27% of their total sales, or approximately $17 million,
through e-commerce.

Each of the Debtors filed a voluntary petition under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. Mo. Lead Case No. 16-44815) on
July 6, 2016, estimating assets in the range of $10 million to $50
million and liabilities of up to $100 million.  The petition was
signed by Lee A. Diercks, the chief restructuring officer.

The Debtors have hired Polsinelli PC as bankruptcy counsel, Spencer
Fane LLP as conflicts counsel, Clear Thinking Group LLC as
investment banker, and Rust Consulting/Omni Bankruptcy as claims
and noticing agent.


TOTAL HOCKEY: Panel Hires Lewis Rice as Missouri Counsel
--------------------------------------------------------
The Official Committee of Unsecured Creditors of Total Hockey,
Inc., Player's Bench Corporation, and Hipcheck, LLC, seeks
authorization from the U.S. Bankruptcy Court for the Eastern
District of Missouri to retain Lewis Rice LLC as Missouri counsel
to the Committee, nunc pro tunc to July 19, 2016.

The Committee requires Lewis Rice to:

   (a) attend appropriate hearings and file appropriate pleadings
       on behalf of the Committee;

   (b) assist in providing legal advice and services to the
       Committee;

   (c) assist Cooley and the Committee in negotiations with
       Debtors and other parties in interest; and

   (d) perform such other legal services for the Committee as may
       be necessary or proper in these proceedings.

Lewis Rice will be paid at these hourly rates:

       John J. Hall, Partner         $475
       Larry E. Parres, Partner      $560
       Sara F. Melly, Partner        $300
       Justin Ladendorf, Associate   $225
       Liza Rice, Case Assistant     $145

Lewis Rice will also be reimbursed for reasonable out-of-pocket
expenses incurred.

John J. Hall, partner of Lewis, assured the Court that the firm is
a "disinterested person" as the term is defined in Section 101(14)
of the Bankruptcy Code and does not represent any interest adverse
to the Debtors and their estates.

Lewis Rice can be reached at:

       John J. Hall, Esq.
       LEWIS RICE LLC
       600 Washington Avenue, Suite 2500
       St. Louis, MO 63101
       Tel: (314) 444-7635
       Fax: (314) 612-7635
       E-mail: jhall@lewisrice.com

                        About Total Hockey

Headquartered in Maryland Heights, Missouri, Total Hockey, Inc.,
Player's Bench Corporation and Hipcheck, LLC sell lacrosse and
hockey equipment in 32 retail store locations and three
distribution centers in 12 states including Chicago, Minneapolis,
Detroit, and Philadelphia.  The Debtors were formed in in 1999 as a
spin off from a local general sporting goods company.

The Debtors operate e-commerce sites at
http://www.totalhockey.com/,http://www.goalie.totalhockey.com/,
and http://www.lacrosse.totalhockey.com/ In  2015, the Debtors
generated 27% of their total sales, or approximately $17 million,
through e-commerce.

Each of the Debtors filed a voluntary petition under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. Mo. Lead Case No. 16-44815) on
July 6, 2016, estimating assets in the range of $10 million to $50
million and liabilities of up to $100 million.  The petition was
signed by Lee A. Diercks, the chief restructuring officer.

The Debtors have hired Polsinelli PC as bankruptcy counsel, Spencer
Fane LLP as conflicts counsel, Clear Thinking Group LLC as
investment banker, and Rust Consulting/Omni Bankruptcy as claims
and noticing agent.

An Official Committee of Unsecured Creditors has been appointed in
the case and has retained Cooley LLP as lead counsel.


UNIVERSAL SOFTWARE: Taps R.J. Augustine as Accountant
-----------------------------------------------------
Universal Software Corp. seeks approval from the U.S. Bankruptcy
Court for the District of Massachusetts to hire an accountant in
connection with its Chapter 11 case.

The Debtor proposes to hire R.J. Augustine & Associates, Ltd. to
prepare and file its income tax returns and provide other
accounting services.

The Debtor will compensate the firm based on its normal
hourly rate, which is $275 for senior accountants and $175 for
junior staff members.

Richard Augustine, Sr., a certified public accountant, disclosed in
a court filing that the members of the firm are "disinterested
persons" as defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Richard J. Augustine, Sr.
     R.J. Augustine & Associates, Ltd.
     999 N. Plaza Drive, Suite 650
     Schaumburg, IL 60173-5493

                    About Universal Software

Universal Software Corporation filed for Chapter 11 protection
(Bankr. D. Mass. Case No. 16-40872) on May 18, 2016.  The petition
was signed by Kishore Deshpande, president.  The Hon. Christopher
J. Panos presides over the case.

The Debtor estimated assets of $1 million to $10 million and
estimated liabilities of $1 million to $10 million.


V DIIORIO & SON: Names John Bracaglia as Counsel
------------------------------------------------
V.DiIorio & Son, Inc. seeks authorization from the U.S. Bankruptcy
Court for the District of New Jersey to employ John F. Bracaglia,
Jr. as attorney.

The Debtor requires Mr. Bracaglia to provide legal representation
in the Chapter 11 bankruptcy.

Mr. Bracaglia will be compensated at $350 per hour and will also be
reimbursed for reasonable out-of-pocket expenses incurred.

Mr. Bracaglia, an associate of the firm Mauro, Savo, Camerino,
Grant & Schalk, P.A., assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

The attorney can be reached at:

       John F. Bracaglia, Jr., Esq.
       MAURO, SAVO, CAMERINO, GRANT & SCHALK
       77 North Bridge Street
       Somerville, NJ  08876
       Tel: (908) 526-0707
       E-mail: brokaw@maurosavolaw.com

V. DiIorio & Son, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. D.N.J. Case No. 16-24879) on August 2, 2016.  The Debtor is
represented by John F. Bracaglia, Jr., Esq.


VANGUARD NATURAL: S&P Hikes CCR to CCC- on Unsecured Note Exchange
------------------------------------------------------------------
S&P Global Ratings raised the corporate credit rating on
Houston-based exploration and production company Vanguard Natural
Resources LLC to 'CCC-' from 'SD'.  The outlook is negative.

S&P also raised the issue-level rating on the company's senior
unsecured debt to 'CCC-' from 'D', and revised S&P's recovery
rating to '4' from '5', indicating its expectation of an average
recovery (30% to 50%, lower half of the range) in the event of
default.

"The rating action follows Vanguard's partial exchange of its
7.875% unsecured notes maturing in 2020 for new 7% senior secured
second-lien notes maturing in 2023 at less than par," said S&P
Global Ratings analyst David Lagasse.  "We viewed this transaction
as a distressed exchange."

The ratings on Vanguard reflect S&P's assessment of the company's
modest-size reserve base, broad geographical diversity, high debt
leverage, weak liquidity, and current overdraft on its credit
facility.

The outlook is negative, reflecting the potential for a liquidity
shortfall if the company's borrowing base is lowered again in the
fall or if it breaches financial covenants and the facility becomes
due.  The outlook also reflects the potential for amendments to or
restructuring of debt obligations that S&P would consider
distressed.

S&P could lower the ratings if it expects liquidity to be
insufficient to fund interest expense or other obligations as they
come due, which would most likely occur if market conditions
remained weak and the company was unable to come to an agreement
with its banks.  In addition, S&P would lower the ratings if the
company commences a debt restructuring it views as distressed.

S&P could raise the ratings if the company improves liquidity and
S&P assess the likelihood of additional exchanges as low.  This
could occur if the company were able to maintain its current
borrowing base, obtain covenant relief, or execute additional asset
sales to pay down its credit facility, most likely in conjunction
with improved natural gas prices and cash flows.


VOICEPULSE INC: Taps Koehler & Company as Accountant
----------------------------------------------------
VoicePulse Inc. seeks approval from the U.S. Bankruptcy Court for
the District of New Jersey to hire Koehler & Company as its
accountant.

The firm will provide these services in connection with the
Debtor's Chapter 11 case:

     (a) assist the Debtor in preparing such analyses as the
         Debtor may request to assist in connection with its
         negotiations, meetings, and telephone conferences with
         creditors or other parties;

     (b) assist the Debtor in responding to discovery requests;

     (c) assist the Debtor in preparation and review of monthly
         operating reports for filing with the U.S. trustee;

     (d) assist the Debtor in the preparation of cash flow and
         financial projections;

     (e) assist the Debtor in valuation, insolvency and
         liquidation analysis;

     (f) assist the Debtor in the preparation of tax returns and
         amended tax returns; and

     (g) assist the Debtor and other professional advisors in
         preparing for appearances before the court and the U.S.
         trustee.

Dean Koehler, a certified public accountant employed with Koehler &
Company, will be paid $175 per hour.  Meanwhile, bookkeepers will
be paid $75 per hour.

In a court filing, Mr. Koehler disclosed that the firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Koehler & Company can be reached through:

     Dean Koehler
     Koehler & Company
     1260 South River Road
     Cranbury, NJ 08512-3327
     Phone: 609-655-4100
     Fax: 609-655-5273
     Email: info@cpakoehler.com

                      About VoicePulse Inc.
  
The case is In re VoicePulse, Inc. (Bankr. D.N.J. Case No.
16-25075).

Since April 2003, VoicePulse, Inc., has provided hosted phone
services to wholesale and business customers, as well consumer
customers. Ravi Sakaria is the president and sole shareholder.
VoicePulse is located at 1095 Cranbury South River Road, Unit 16,
Jamesburg, New Jersey.


VUZIX CORP: Provides Business Update
------------------------------------
Vuzix Corporation reported second quarter 2016 financial results
for the period ended June 30, 2016, and recent corporate
highlights.

The Company:

  * Introduced the VIP (Vuzix Industrial Partner) program to
    provide advance access to the next generation M300 to select
    VIP companies that were the most successful with the M100, and

    announced several of the first VIPs.

  * Commenced delivery of the first engineering samples of the
    next generation M300 Smart Glasses to VIP developers and
    customers.

  * Partnered with CyberTimez to improve the lives of people in
    the low vision and blind community through Vuzix Smart Glasses
    and CyberTimez applications.

  * Partnered with Sensory, a Silicon Valley-based company focused

    on improving the user experience and security of consumer
    electronics through state-of-the-art embedded voice and vision

    technologies, to deliver voice recognition on Vuzix M300 Smart

    Glasses to enhance efficiencies in the workplace.

  * Announced a partnership with the IDRA (International Drone  
    Racing Association) and sponsorship, with Amimon, of a drone
    racing team in this rapidly growing competitive sport.

  * Signed collaboration agreement with a global consumer
    electronics and mobile firm to develop and ultimately supply
    Vuzix see-through optics technologies

  * Closed on the sale of 1,150,000 shares of common stock at an
    offering price of $5.75 per share, including the full exercise
    of the over-allotment option granted to the underwriter to
    purchase an additional 150,000 shares, through Oppenheimer &
    Co. Inc. for total net proceeds of approximately $5,996,000
    after underwriting discounts and commissions and estimated
    offering expenses.

The Company's new M300 Smart Glasses, after receiving positive
feedback based on the first engineering production units shipped to
VIP developers, is now moving to the final round of design
verification preproduction units.  By early October, the Company
should commence volume manufacturing and commercial shipments to
our customers.  Additionally, it should complete the iWear's
transition from final manufacturing being performed in Rochester NY
to receiving the revised iWear Video Headphones with improved
optics and other refinements directly from our contractor
manufacturer in China this September, expected in time for the busy
fall selling season.

Vuzix' M3000 Smart Glasses based on its waveguides has been
released into the final production engineering and tooling phase.
And the Company's first waveguide based B3000 fashion glasses
product series are well into the design phase with initial release
of the electronics and industrial designs, and are on track to be
released in 2017.

"With the $5,996,000 we raised in our recent equity offering, we
are well positioned to support the launch of our soon to be
released M300 Smart Glasses, expand our waveguide volume production
capabilities and refine the planned 2017 launches of our M3000 and
B3000 binocular waveguide products," said Paul Travers, president
and chief executive officer of Vuzix.  "With our VIP partners
integrating their state of the art software into the M300, we
believe are on the path to take smart glasses to the next level of
productive deployment in enterprise."

Total revenues for the quarter ended June 30, 2016, rose by 31%
over the same period in 2015, primarily driven by increased sales
of engineering services, waveguide products and iWear Video
Headphones.

Total gross profit for the second quarter ending June 30, 2016, was
a negative $126,054 or -22% versus a gross profit of $35,264 or 8%
for the prior 2015 comparative period.  The overall decrease was
primarily the result of a $42,808 increase in direct manufacturing
overheads, a temporary $107,349 increase in air freight costs
solely due to the cost of transporting the new iWear product, which
is bulkier and heavier than prior products, and to a smaller extent
the lower gross margins on iWear.  The Company is moving to sea
transport later this summer to reduce iWear shipping costs . As
stated on prior calls, because of our relatively fixed amounts for
overheads, software amortization and minimum royalties costs, the
Company must increase our sales for our overall gross margins to be
positive.

Total research and development costs expensed for the quarter
ending June 30, 2016, increased by 128% or $936,552 over the 2015
period, primarily the result of spending on new product development
for the M300 Smart Glasses.  Further increased spending went to
expanded waveguide research and development and personnel
additions.

Selling and marketing costs for the quarter ending June 30, 2016,
increased by 89% or $306,285 over the same period in 2015 due to
higher personnel, trade show, website and PR costs.

General and administrative expenses for the quarter ending June 30,
2016, increased by 15% or $150,340 over the 2015 period, primarily
due to higher professional fees, compensation costs, rent costs,
and increased investor relations activities.

A full-text copy of the press release is available at:

                      https://is.gd/HO3vJQ  

                     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.

Vuzix Corporation reported a net loss attributable to common
stockholders of $14.94 million on $2.74 million of total
sales for the year ended Dec. 31, 2015, compared to a net loss
attributable to common stockholders of $7.86 million on $3.03
million of total sales for the year ended Dec. 31, 2014.

As of June 30, 2016, Vuzix had $12.9 million in total assets, $4.02
million in total liabilities and $8.85 million in total
stockholders' equity.


VYCOR MEDICAL: Insufficient Cash Raises Going Concern Doubt
-----------------------------------------------------------
Vycor Medical, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $305,363 on $379,406 of revenue for the three months ended June
30, 2016, compared to a net loss of $420,267 on $286,018 of revenue
for the three months ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported a net
loss of $832,923 on $779,492 of revenue compared to a net loss of
$1.14 million on $614,570 of revenue for the same period last
year.

As of June 30, 2016, Vycor had $1.68 million in total assets, $1.02
million in total liabilities and $657,827 in total stockholders'
equity.

The Company has incurred losses since its inception, including a
net loss of $823,923 for the six months ended June 30, 2016, and
the Company expects to continue to incur additional losses in the
future, including additional development costs, costs related to
marketing and manufacturing expenses. The Company has incurred
negative cash flows from operations since inception.  As of June
30, 2016 the Company had a stockholders' equity of $657,827 and
cash and cash equivalents of $87,709.  The Company believes it
would not have enough cash to meet its various cash needs unless
the Company is able to obtain additional cash from the issuance of
debt or equity securities.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.

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

                     http://bit.ly/2bqF4hJ

                      About Vycor Medical

Boca Raton, Fla.-based Vycor Medical, Inc. (OTC BB: VYCO)
-- http://www.VycorMedical.com/-- is a medical device company
committed to making neurological brain, spinal and other surgical
procedures safer and more effective.  The Company's flagship,
Patent Pending ViewSite(TM) Surgical Access Systems represent an
exciting new minimally invasive access and retraction system that
holds the potential for speedier, safer and more economical brain,
spinal and other surgeries and a quicker patient discharge.
Vycor's innovative medical instruments are designed to optimize
neurosurgical site access, reduce patient risk, accelerate
recovery, and add tangible value to the professional medical
community.

Vycor Medical reported a net loss available to common shareholders
of $2.25 million on $1.13 million of revenue for the year ended
Dec. 31, 2015, compared to a net loss available to common
shareholders of $4.04 million on $1.25 million of revenue for the
year ended Dec. 31, 2014.

The Company's auditors Paritz & Company, P.A., in Hackensack, New
Jersey, issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015.



WAVE SYSTEMS: Ch.11 Trustee Hires Global IP as Consultants
----------------------------------------------------------
David W. Carickhoff, the Chapter 11 Trustee of Wave Systems Corp.,
seeks authorization from the U.S. Bankruptcy Court for the District
of Delaware to employ Global IP Law Group, LLC as intellectual
property consultants to the Trustee, effective August 2, 2016.

Subject to the terms and conditions set forth the in the Engagement
Agreement, Global IP will help the Chapter 11 Trustee monetize the
Estate’s interest in the Patents by sale, transfer, assignment,
or any other means of realizing value of part or all of such
property. The Chapter 11 Trustee believes that the Patents may have
value to Estate and its stakeholders, and requires the expertise of
Global IP to realize such value.

In exchange, as set forth in the Engagement Agreement, Global IP
will be entitled to a contingent fee equal to 25% of all
Consideration the Estate receives as a result of monetizing one or
more of the Patents.

David Berten, founder and partner with Global IP, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

The Bankruptcy Court will hold a hearing on the application on
August 25, 2016, at 10:00 a.m.  Objections were due August 18,
2016.

Global IP can be reached at:

       David Berten
       GLOBAL IP LAW GROUP, LLC
       55 W. Monroe St., Suite 3400
       Chicago, IL 60603
       Tel: (312) 241-1502
       E-mail: dberten@giplg.com

                        About Wave Systems

Lee, Massachusetts-based Wave Systems Corp. (NASDAQ: WAVX)
--http://www.wave.com/--develops, produces and markets products  
for hardware-based digital security, including security
applications and services that are complementary to and work with
the specifications of the Trusted Computing Group, an industry
standards organization comprised of computer and device
manufacturers, software vendors and other computing products
manufacturers.

Wave Systems filed a Chapter 7 bankruptcy petition (Bankr. D. Del.
Case No. 16-10284) on Feb. 1, 2016.  On May 16, 2016, the case was
converted to a Chapter 11 proceeding.  The case is assigned to
Judge Kevin J. Carey.

David W. Carickhoff, was appointed as Chapter 11 trustee. Mr.
Carickhoff tapped Archer & Greiner P.C. as counsel. The Trustee
also tapped Miller & Company, LLC as accountants and financial
advisors, and UpShot Services LLC as the claims agent and
administrative agent.


WEST MIFFLIN AREA SD: Moody's Cuts GO Rating to Ba1
---------------------------------------------------
Moody's Investors Service has downgraded West Mifflin Area School
District's general obligation (GO) rating to Ba1 from Baa3. Moody's
has downgraded the district's post-default enhanced rating to Baa2
from Baa1 affecting $82 million debt outstanding. The outlook for
both the underlying and enhanced rating is negative.

The downgrade to Ba1 is indicative of the district's weak financial
position after multiple years of significant operating deficits,
elevated debt burden, limited tax base with below average
socioeconomic indicators, and a declining enrollment trend.

The downgrade to Baa2 post default enhanced rating reflects Moody's
assessment of each issuer participating in the programs pursuant to
the methodology, "State Aid Intercept Programs and Financings: Pre
and Post Default." Credit considerations include availability of
funds, timing of state aid payments, state aid trend, strength of
notification requirement, and timing between notification and
intercept. Additional credit factors include a debt service
coverage ratio and the underlying ratings of the individual school
districts. For additional information regarding Moody's recent
action regarding the Pennsylvania School District Intercepts,
please refer to our report dated August 15, 2016.

Rating Outlook

The negative outlook assigned to the district's underlying rating
incorporates the district's stressed financial position that is
challenged to improve absent significant expense reductions or
ongoing revenue increases excluding nonrecurring revenue.

The negative outlook on the enhanced rating follows this rule: For
underlying ratings at the post-default ceiling (A3) or higher, the
outlook is the same as the commonwealth's. For underlying ratings
one or two notches below the ceiling (Baa1 or Baa2), the outlook is
the lower of the outlook on the underlying or on the commonwealth.
For underlying ratings three notches below the ceiling (Baa3) or
lower, the outlook is the same as the underlying.

Factors that Could Lead to an Upgrade

   -- Restoration of structural balance

   -- Material increase in fund balance

   -- Significant growth in the tax base

   -- Material improvements in socioeconomic indicators

Factors that Could Lead to a Downgrade

   -- Another year of structural imbalance

   -- Increasingly negative fund balance in subsequent years

   -- Reduction in the size of the tax base

   -- Deterioration of existing socioeconomic indicators

Legal Security

Approximately 55% of the district's outstanding debt is secured by
the district's general obligation pledge as limited by Special
Session Act 1, which restricts the school district's ability to
increase property tax millage beyond an annual index without
seeking specific exemptions or voter approval. The remainder of
outstanding debt is secured by the district's unlimited property
tax pledge as debt service is exempt from Special Session Act 1
limitations.

Use of Proceeds

Not applicable.

Obligor Profile

West Mifflin ASD is located in the suburbs of Pittsburgh in
Allegheny County and serves 2,871 students through three
elementary, one middle, and one high school.

Methodology

The principal methodology used in this underlying rating was US
Local Government General Obligation Debt published in January 2014.
The principal methodology used in this enhanced rating was State
Aid Intercept Programs and Financings: Pre and Post Default
published in July 2013.


WESTERN INDUSTRIAL: Taps James G. Murphy as Auctioneer
------------------------------------------------------
The Chapter 11 trustee of Western Industrial, Inc. seeks approval
from the U.S. Bankruptcy Court for the Western District of
Washington to hire an auctioneer.

The Debtor proposes to hire James G. Murphy, Co. in connection with
the sale of its equipment.  The firm will receive a 10% commission,
plus payment of costs incurred.

James G. Murphy does not represent or hold an interest adverse to
the Debtor or its estate, according to court filings.

                    About Western Industrial

Western Industrial, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W. D. Wash. Case No. 16-13353) on June 24,
2016.  The petition was signed by Mark L. Jackson, president.  

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


WISPER II: Unsecureds To Be Paid in Full Under Plan
---------------------------------------------------
Wisper II, LLC, filed with the U.S. Bankruptcy Court for the
Western District of Tennessee a disclosure statement describing the
Debtor's plan of reorganization.

Under the Plan, holders of:

     a. Class 5 Pre-petition General Unsecured Non-Priority
        Claims of $5000 or less will be paid in full in three      
  
        annual installments from the Reorganized Debtor's future
        cash flow commencing on thirty days following the
        Effective Date;

     b. Class 6 Pre-petition General Unsecured Non-Priority
        Claims -- which consists of those General Unsecured Non-
        Priority Claims not included in Classes 4, 5 and 7
        including, but not limited to, pre-petition trade
        creditors; and unsecured creditors whose claims are listed

        in the Debtor's schedules but are not listed as disputed,
        contingent or unliquidated -- will be paid 100% in monthly

        installments from the future cash flow of the Reorganized
        Debtor commencing thirty days following the Effective Date

        until the claims are paid in full.  This class is
impaired;

     c. Class 7 Pre-petition General Unsecured Non-Priority
        Claim of GTP Structures, I, LLC -- which consists of the
        disputed general unsecured claim of GTP in the amount of
        $2,373,941.87 -- will be paid 100% in amount in monthly
        installments from the future cash flow of the Reorganized
        Debtor commencing 30 days after the Effective Date until
        the claim is paid in full.  GTP will have an allowed
        general unsecured claim in the amount of $1,107,499.74 or
        such other amount as may be allowed by the Court.  
        Class 7 is impaired.

The Debtor will continue to operate its business.  The Debtor will
make payments to each class of creditors under the Plan out of its
existing cash, future Cash Flow, and capital infusions, if any,
made to Debtor by a third party as necessary to satisfy Plan
payments.  Thomas P. Farrell will continue to serve as general
manager of the reorganized Debtor.

On the Effective Date, all property of the Estate shall revest in
the Debtor free and clear of all claims, liens, encumbrances, and
interests of creditors or Interest holders, except as provided in
the Plan, the Confirmation Order or other applicable order of the
Court.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/tnwb16-10594-42.pdf

The Plan was filed by the Debtor's counsel:

     Michael P. Coury, Esq.
     GLANKLER BROWN, PLLC
     6000 Poplar Avenue, Suite 400
     Memphis, TN 38119
     Tel: (901) 576-1886
     Fax: (901) 525-2389
     E-mail: mcoury@glankler.com

                         About Wisper II

Wisper II, LLC, filed for Chapter 11 bankruptcy protection (Bankr.
W.D. Tenn. Case No. 16-10594) on March 29, 2016.  The petition was
signed by Thomas P. Farrell, general manager.

The Debtor is a Tennessee limited liability company which is in the
business of providing wireless internet access service to customers
in a large area of West Tennessee.  Its principal place of business
is at 1378 N. Cavalier Drive, Alamo, Tennessee 38001.  

The Debtor's principal assets consist of its customer accounts,
leasehold interests relating to tower leases and ownership of
towers, and equipment related to providing wireless internet
service.

The Debtor is the successor to a Tennessee Limited Liability
Company Wisper, LLC, formed on Sept. 21, 2009.  It filed for
Chapter 11 bankruptcy protection in 2013.  On Jan. 27, 2014, the
Court confirmed a Plan of Reorganization filed by certain
creditors.  Pursuant to the confirmed Plan, Wisper II was formed
and certain unsecured creditors converted all or part of their
unsecured claims into membership interests in Wisper II.  Wisper II
started its operations on Feb 5, 2014.

The Debtor is represented by Michael P. Coury, Esq., at Glankler
Brown PLLC.  The case is assigned to Judge Jimmy L. Croom.

The Debtor estimated both assets and liabilities in the range of
$1 million to $10 million.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Wisper II, LLC.


WPCS INTERNATIONAL: Iroquois Mater, et al, Hold 9.7% Stake
----------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Iroquois Mater Fund Ltd., et al., disclosed that as of
Aug. 15, 2016, they beneficially owned 277,839 shares of common
stock of WPCS International Incorporated, representing 9.7 percent
of the shares outstanding.

An aggregate of 2,133,353 Shares underlying certain preferred stock
and warrants have been excluded from the Reporting Persons'
beneficial ownership due to a conversion cap that precludes the
conversion of such preferred stock or exercise of such warrants
held by the Reporting Persons to the extent that the Reporting
Persons would, after that conversion or exercise, beneficially own
in excess of 9.99% of the Shares outstanding.

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

                    https://is.gd/zJZTFb

           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 International reported a net loss attributable to common
shareholders of $8.27 million on $14.6 million of revenue for the
year ended April 30, 2016, compared to a net loss attributable to
common shareholders of $11.32 million on $24.41 million of revenue
for the year ended April 30, 2015.

As of April 30, 2016, the Company had $5.80 million in total
assets, $3.57 million in total liabilities and $2.22 million in
total equity.


WPCS INTERNATIONAL: Joshua Silverman Fills Board Vacancy
--------------------------------------------------------
Effective as of Aug. 15, 2016, the Board of Directors of WPCS
International Incorporated appointed Joshua Silverman to fill a
newly created vacancy on the Board.

Mr. Silverman was appointed pursuant to a Nomination, Standstill
and Voting Agreement between the Company and the persons and
entities listed in Schedule A to the Agreement (the "Iroquois
Group").  Under the Agreement, the Company agreed to appoint Mr.
Silverman as a member of the Board to fill a newly created vacancy
and agreed to include him in its slate of nominees for election as
directors of the Company at the 2016 annual meeting of
stockholders.  The Iroquois Group agreed to refrain from certain
activities at the 2016 Annual Meeting and until such time as Mr.
Silverman is no longer serving as a member of the Board and further
agreed to vote for the Company slate of directors and according to
the Company's recommendation for other items of business at the
2016 Annual Meeting, subject to certain exceptions.

From 2003 until July 2016, Mr. Silverman served as the managing
partner and co-chief investment officer of Iroquois Capital
Management LLC and as managing member of Iroquois Capital
Investment Group LLC.  Based upon a Schedule 13D/A filed Aug. 2,
2016, Mr. Silverman and other members of the Iroquois Group were a
"group" for purposes of Section 13(d)(3) of the Securities Exchange
Act of 1934, as amended, consisting of Iroquois Capital, ICIG,
Iroquois Master Fund, Ltd., American Capital Management, LLC,
Richard Abbe, and Kimberly Page.

On July 15, 2015, the Company entered into a Securities Purchase
Agreement with each of IMF, ICIG, and American Capital, pursuant to
which the Company issued to each of IMF, ICIG, and American
Capital, Series H-1 preferred shares and certain warrants to
purchase shares of the Company's common stock, with an exercise
price of $1.66 per share of common stock.

On June 30, 2015, the Company entered into Amendment, Waiver and
Exchange Agreements with each of IMF and American Capital. Pursuant
to the terms of the Exchange Agreements, IMF and American Capital
each agreed to exchange all of the Company's then-existing
indebtedness to each of IMF and American Capital, and in return,
the Company agreed to issue Series H preferred shares to each of
IMF and American Capital.

On Nov. 20, 2014, the Company entered into Amendment, Waiver and
Exchange Agreements with each of IMF and American Capital. Pursuant
to the terms of the November Exchange Agreements, each of IMF and
American Capital exchanged (i) senior secured convertible notes
under that certain 2012 Securities Purchase Agreement, dated Dec.
4, 2012, for Series F-1 preferred shares, (ii) Series E preferred
shares for promissory notes and Series G-1 preferred shares, and
(iii) certain warrants to acquire shares of the Company's common
stock for Series G-1 preferred shares.

There are no family relationships between any of the Company's
directors or officers and Mr. Silverman.

For his services as a member of the Board, Mr. Silverman will
receive $24,000 per year.  He will also be entitled to receive
discretionary cash bonuses and stock options under the Company's
stock option plans as determined by the Board.

              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 International reported a net loss attributable to common
shareholders of $8.27 million on $14.6 million of revenue for the
year ended April 30, 2016, compared to a net loss attributable to
common shareholders of $11.32 million on $24.41 million of revenue
for the year ended April 30, 2015.

As of April 30, 2016, the Company had $5.80 million in total
assets, $3.57 million in total liabilities and $2.22 million in
total equity.


YRC WORLDWIDE: Files August 2016 Investor Presentation
------------------------------------------------------
YRC Worldwide Inc. will meet with investors commencing Aug. 18,
2016.  A copy of the materials to be presented at the meetings is
available at the Securities and Exchange Commission's Web site at
https://is.gd/eYYlza

                      About YRC Worldwide

Headquartered in Overland Park, Kan., YRC Worldwide Inc. (NASDAQ:
YRCW) -- http://www.yrcw.com/-- is a holding company that offers  

its customers a wide range of transportation services.  These
services include global, national and regional transportation as
well as logistics.

YRC Worldwide reported net income attributable to common
shareholders of $700,000 on $4.83 billion of operating revenue for
the year ended Dec. 31, 2015, compared to a net loss attributable
to common shareholders of $85.8 million on $5.06 billion of
operating revenue for the year ended Dec. 31, 2014.

As of June 30, 2016, YRC had $1.88 billion in total assets, $2.24
billion in total liabilities and $359.8 million total stockholders'
deficit.

                            *    *    *

As reported by the TCR on Feb. 18, 2014, Moody's Investors Service
had upgraded the Corporate Family Rating for YRC Worldwide from
'Caa3' to 'B3', following the successful closing of its
refinancing transactions.

In the Aug. 11, 2015, TCR report, Standard & Poor's Ratings
Services said that it has raised its corporate credit rating on
Overland, Kan.-based less-than-truckload (LTL) trucking company
YRC Worldwide to 'B-' from 'CCC+'.

"The upgrade reflects YRC's earnings growth and improved liquidity
position, along with our belief that gradual improvement in the
company's operating performance will result in credit measures
that are commensurate with the rating," said Standard & Poor's
credit analyst Michael Durand.


[*] John McCabe Joins Weltman Weinberg's Bankruptcy Group in Ohio
-----------------------------------------------------------------
Weltman, Weinberg & Reis Co., LPA (WWR), a full-service creditors'
rights law firm, welcomes Attorney John "Erin" McCabe to its
Cincinnati, Ohio office.  As an attorney in the Bankruptcy Group,
Mr. McCabe will focus his practice on consumer bankruptcy matters
in Kentucky and Indiana.

Mr. McCabe is licensed in the State of Kentucky where he served as
Warning Order Attorney for Boone and Gallatin Counties (2014-16).
He is a member of the Kentucky Bar Association, where he received
the Continuing Legal Education Award in 2014 & 2015, and a member
of the Northern Kentucky Bar Association and Phi Alpha Delta Law
Fraternity International.  Mr. McCabe earned his J.D. from the
University of Tulsa, College of Law in 2006, an MBA in finance from
the University of New Orleans in 1994, and a B.A. in English from
Xavier University in 1987.

WWR's Cincinnati office was established in 1989 and caters to
clients in need of assistance with asset recovery, bankruptcy
matters, real estate default needs, and the recovery of debt and
receivables.

Mr. McCabe can be reached at (513) 723-2206 and
jmccabe@weltman.com

               About Weltman, Weinberg & Reis Co.

Founded in 1930, Weltman, Weinberg & Reis Co., LPA -- http://www
weltman.com/ -- is a full-service creditors' rights law firm with
more than 80 attorneys and 750 total employees.  It represents
nearly every type of creditor, including some of the largest
financial institutions in the U.S., in bankruptcy, consumer and
commercial collections, litigation, and real estate default
matters, with the strictest adherence to compliance and security
standards with a premium on reputation management.


[^] BOND PRICING: For the Week from August 15 to 19, 2016
---------------------------------------------------------
  Company                   Ticker  Coupon Bid Price Maturity
  -------                   ------  ------ --------- --------
A. M. Castle & Co           CAS      7.000    58.375 12/15/2017
ACE Cash Express Inc        AACE    11.000    45.000   2/1/2019
ACE Cash Express Inc        AACE    11.000    46.000   2/1/2019
Affinion Investments LLC    AFFINI  13.500    52.500  8/15/2018
Alpha Appalachia
  Holdings Inc              ANR      3.250     0.200   8/1/2015
Alpha Natural
  Resources Inc             ANR      6.000     0.250   6/1/2019
Alpha Natural
  Resources Inc             ANR      6.250     0.500   6/1/2021
Alpha Natural
  Resources Inc             ANR      7.500     0.938   8/1/2020
Alpha Natural
  Resources Inc             ANR      4.875     0.500 12/15/2020
Alpha Natural
  Resources Inc             ANR      7.500     6.000   8/1/2020
Alpha Natural
  Resources Inc             ANR      7.500     0.938   8/1/2020
American Eagle Energy Corp  AMZG    11.000    11.875   9/1/2019
American Eagle Energy Corp  AMZG    11.000    11.375   9/1/2019
American Gilsonite Co       AMEGIL  11.500    71.500   9/1/2017
American Gilsonite Co       AMEGIL  11.500    71.125   9/1/2017
Amyris Inc                  AMRS     6.500    27.500  5/15/2019
Arch Coal Inc               ACI      7.000     2.125  6/15/2019
Arch Coal Inc               ACI      7.250     2.250  6/15/2021
Arch Coal Inc               ACI      7.250     1.500  10/1/2020
Arch Coal Inc               ACI      9.875     2.000  6/15/2019
Arch Coal Inc               ACI      8.000     2.188  1/15/2019
Arch Coal Inc               ACI      8.000     1.874  1/15/2019
Armstrong Energy Inc        ARMS    11.750    41.600 12/15/2019
Armstrong Energy Inc        ARMS    11.750    41.125 12/15/2019
Atlas Energy Holdings
  Operating Co LLC /
  Atlas Resource
  Finance Corp              ARP      7.750    15.000  1/15/2021
Atlas Energy Holdings
  Operating Co LLC /
  Atlas Resource
  Finance Corp              ARP      9.250    18.875  8/15/2021
Atlas Energy Holdings
  Operating Co LLC /
  Atlas Resource
  Finance Corp              ARP      9.250    18.125  8/15/2021
Atlas Energy Holdings
  Operating Co LLC /
  Atlas Resource
  Finance Corp              ARP      9.250    18.125  8/15/2021
Avaya Inc                   AVYA    10.500    31.250   3/1/2021
Avaya Inc                   AVYA    10.500    34.900   3/1/2021
BPZ Resources Inc           BPZR     6.500     1.500   3/1/2015
BPZ Resources Inc           BPZR     6.500     3.017   3/1/2049
Basic Energy Services Inc   BAS      7.750    37.000  2/15/2019
BreitBurn Energy
  Partners LP /
  BreitBurn Finance Corp    BBEP     8.625    34.500 10/15/2020
BreitBurn Energy
  Partners LP /
  BreitBurn Finance Corp    BBEP     8.625    38.375 10/15/2020
BreitBurn Energy
  Partners LP /
  BreitBurn Finance Corp    BBEP     8.625    38.375 10/15/2020
Caesars Entertainment
  Operating Co Inc          CZR     10.000    51.000 12/15/2018
Caesars Entertainment
  Operating Co Inc          CZR     12.750    42.500  4/15/2018
Caesars Entertainment
  Operating Co Inc          CZR     10.000    49.000 12/15/2018
Caesars Entertainment
  Operating Co Inc          CZR      5.750    39.000  10/1/2017
Caesars Entertainment
  Operating Co Inc          CZR      5.750    12.250  10/1/2017
Caesars Entertainment
  Operating Co Inc          CZR     10.000    50.875 12/15/2018
Caesars Entertainment
  Operating Co Inc          CZR     10.000    50.875 12/15/2018
Caesars Entertainment
  Operating Co Inc          CZR     10.000    48.875 12/15/2018
Cash America
  International Inc         CSH      5.750   109.375  5/15/2018
Chassix Holdings Inc        CHASSX  10.000     8.000 12/15/2018
Chassix Holdings Inc        CHASSX  10.000     8.000 12/15/2018
Claire's Stores Inc         CLE      8.875    20.250  3/15/2019
Claire's Stores Inc         CLE      7.750    15.500   6/1/2020
Claire's Stores Inc         CLE     10.500    52.880   6/1/2017
Claire's Stores Inc         CLE      7.750    14.875   6/1/2020
Clean Energy Fuels Corp     CLNE     7.500    98.315  8/30/2016
Community Choice
  Financial Inc             CCFI    10.750    48.910   5/1/2019
Creditcorp                  CRECOR  12.000    40.450  7/15/2018
Creditcorp                  CRECOR  12.000    39.875  7/15/2018
Cumulus Media Holdings Inc  CMLS     7.750    41.150   5/1/2019
EPL Oil & Gas Inc           EXXI     8.250     9.500  2/15/2018
EXCO Resources Inc          XCO      7.500    50.614  9/15/2018
Eagle Rock Energy
  Partners LP / Eagle
  Rock Energy Finance Corp  EROC     8.375    45.835   6/1/2019
Energy & Exploration
  Partners Inc              ENEXPR   8.000     1.970   7/1/2019
Energy & Exploration
  Partners Inc              ENEXPR   8.000     1.970   7/1/2019
Energy Conversion
  Devices Inc               ENER     3.000     7.875  6/15/2013
Energy Future
  Holdings Corp             TXU     11.250    96.500  11/1/2017
Energy Future
  Holdings Corp             TXU     10.875    96.500  11/1/2017
Energy Future
  Holdings Corp             TXU     10.875    48.875  11/1/2017
Energy Future
  Holdings Corp             TXU      9.750    36.000 10/15/2019
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc          TXU     10.000     2.543  12/1/2020
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc          TXU     10.000     3.250  12/1/2020
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc               TXU      9.750    10.550 10/15/2019
Energy Future Intermediate
  Holding Co LLC / EFIH
  Finance Inc               TXU      6.875     3.728  8/15/2017
Energy XXI Gulf Coast Inc   EXXI    11.000    40.125  3/15/2020
Energy XXI Gulf Coast Inc   EXXI     9.250    11.000 12/15/2017
Energy XXI Gulf Coast Inc   EXXI     7.750     9.625  6/15/2019
Energy XXI Gulf Coast Inc   EXXI     7.500    10.500 12/15/2021
Energy XXI Gulf Coast Inc   EXXI     6.875    10.750  3/15/2024
FBOP Corp                   FBOPCP  10.000     1.843  1/15/2009
FXCM Inc                    FXCM     2.250    39.000  6/15/2018
FairPoint
  Communications Inc/Old    FRP     13.125     1.879   4/2/2018
Federal National
  Mortgage Association      FNMA     3.000    99.800  8/23/2032
Fleetwood Enterprises Inc   FLTW    14.000     3.557 12/15/2011
Forbes Energy
  Services Ltd              FES      9.000    30.000  6/15/2019
GenOn Energy Inc            GENONE   7.875    76.000  6/15/2017
Goodman Networks Inc        GOODNT  12.125    50.250   7/1/2018
Goodrich Petroleum Corp     GDPM     8.875    14.500  3/15/2018
Goodrich Petroleum Corp     GDPM     8.875    14.500  3/15/2018
Halcon Resources Corp       HKUS     9.750    20.250  7/15/2020
Halcon Resources Corp       HKUS     8.875    21.031  5/15/2021
Halcon Resources Corp       HKUS     9.250    24.000  2/15/2022
Hanger Inc                  HGR     10.625    98.250 11/15/2018
Horsehead Holding Corp      ZINC    10.500    82.500   6/1/2017
Horsehead Holding Corp      ZINC     9.000    20.250   6/1/2017
Horsehead Holding Corp      ZINC    10.500    78.500   6/1/2017
Horsehead Holding Corp      ZINC    10.500    78.500   6/1/2017
ION Geophysical Corp        IO       8.125    62.097  5/15/2018
Illinois Power
  Generating Co             DYN      7.000    38.511  4/15/2018
Illinois Power
  Generating Co             DYN      6.300    39.382   4/1/2020
Iracore International
  Holdings Inc              IRACOR   9.500    56.875   6/1/2018
Iracore International
  Holdings Inc              IRACOR   9.500    56.875   6/1/2018
IronGate Energy
  Services LLC              IRONGT  11.000    22.500   7/1/2018
IronGate Energy
  Services LLC              IRONGT  11.000    22.750   7/1/2018
IronGate Energy
  Services LLC              IRONGT  11.000    23.375   7/1/2018
IronGate Energy
  Services LLC              IRONGT  11.000    23.375   7/1/2018
Kellwood Co                 KWD      7.625    80.590 10/15/2017
Key Energy Services Inc     KEGX     6.750    28.681   3/1/2021
Las Vegas Monorail Co       LASVMC   5.500     5.000  7/15/2019
Lehman Brothers
  Holdings Inc              LEH      2.070     3.844  6/15/2009
Lehman Brothers
  Holdings Inc              LEH      4.000     3.844  4/30/2009
Lehman Brothers
  Holdings Inc              LEH      2.000     3.844   3/3/2009
Lehman Brothers
  Holdings Inc              LEH      1.500     3.844  3/29/2013
Lehman Brothers
  Holdings Inc              LEH      5.000     3.844   2/7/2009
Lehman Brothers
  Holdings Inc              LEH      1.600     3.844  11/5/2011
Lehman Brothers Inc         LEH      7.500     1.226   8/1/2026
Liberty Interactive LLC     LINTA    1.000    86.350  9/30/2043
Linc USA GP / Linc
  Energy Finance USA Inc    LNCAU    9.625    22.250 10/31/2017
Linn Energy LLC / Linn
  Energy Finance Corp       LINE     8.625    21.000  4/15/2020
Linn Energy LLC / Linn
  Energy Finance Corp       LINE     6.500    19.250  5/15/2019
Linn Energy LLC / Linn
  Energy Finance Corp       LINE    12.000    43.000 12/15/2020
Linn Energy LLC / Linn
  Energy Finance Corp       LINE     6.250    20.000  11/1/2019
Linn Energy LLC / Linn
  Energy Finance Corp       LINE     7.750    20.528   2/1/2021
Linn Energy LLC / Linn
  Energy Finance Corp       LINE     6.500    20.400  9/15/2021
Linn Energy LLC / Linn
  Energy Finance Corp       LINE     6.250    84.000  11/1/2019
Linn Energy LLC / Linn
  Energy Finance Corp       LINE     6.250    21.000  11/1/2019
Logan's Roadhouse Inc       LGNS    10.750     4.900 10/15/2017
Lonestar Resources
  America Inc               LNRAU    8.750    50.000  4/15/2019
Lonestar Resources
  America Inc               LNRAU    8.750    46.000  4/15/2019
Lumbermens Mutual
  Casualty Co               KEMPER   8.300     0.001  12/1/2037
Lumbermens Mutual
  Casualty Co               KEMPER   9.150     0.010   7/1/2026
Lumbermens Mutual
  Casualty Co               KEMPER   8.450     0.428  12/1/2097
MBIA Insurance Corp         MBI     11.940    35.000  1/15/2033
MBIA Insurance Corp         MBI     11.940    36.250  1/15/2033
MF Global Holdings Ltd      MF       3.375    21.000   8/1/2018
MF Global Holdings Ltd      MF       9.000    21.125  6/20/2038
MModal Inc                  MODL    10.750    10.125  8/15/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC          MPO     10.750     3.250  10/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC          MPO      9.250     3.000   6/1/2021
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC          MPO     12.000     8.375   6/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC          MPO     10.750     3.227  10/1/2020
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC          MPO     10.750     3.227  10/1/2020
Modular Space Corp          MODSPA  10.250    41.500  1/31/2019
Modular Space Corp          MODSPA  10.250    41.500  1/31/2019
Molycorp Inc                MCP     10.000     0.500   6/1/2020
Murray Energy Corp          MURREN  11.250    36.000  4/15/2021
Murray Energy Corp          MURREN   9.500    35.125  12/5/2020
Murray Energy Corp          MURREN  11.250    35.125  4/15/2021
Murray Energy Corp          MURREN   9.500    35.125  12/5/2020
Nine West Holdings Inc      JNY      8.250    16.250  3/15/2019
Nine West Holdings Inc      JNY      6.125    13.000 11/15/2034
Nine West Holdings Inc      JNY      6.875    25.100  3/15/2019
Nine West Holdings Inc      JNY      8.250    14.750  3/15/2019
Nuverra Environmental
  Solutions Inc             NESC     9.875    18.125  4/15/2018
OMX Timber Finance
  Investments II LLC        OMX      5.540    11.375  1/29/2020
Optima Specialty Steel Inc  OPTSTL  12.500    87.250 12/15/2016
Optima Specialty Steel Inc  OPTSTL  12.500    85.625 12/15/2016
Orexigen Therapeutics Inc   OREX     2.750    25.000  12/1/2020
Peabody Energy Corp         BTU      6.000    17.900 11/15/2018
Peabody Energy Corp         BTU      6.500    18.899  9/15/2020
Peabody Energy Corp         BTU     10.000    24.100  3/15/2022
Peabody Energy Corp         BTU      6.250    17.570 11/15/2021
Peabody Energy Corp         BTU      4.750     0.750 12/15/2041
Peabody Energy Corp         BTU      7.875    16.445  11/1/2026
Peabody Energy Corp         BTU     10.000    19.938  3/15/2022
Peabody Energy Corp         BTU      6.000    17.250 11/15/2018
Peabody Energy Corp         BTU      6.250    17.625 11/15/2021
Peabody Energy Corp         BTU      6.000    13.125 11/15/2018
Peabody Energy Corp         BTU      6.250    17.625 11/15/2021
Penn Virginia Corp          PVAH     7.250    34.500  4/15/2019
Penn Virginia Corp          PVAH     8.500    39.500   5/1/2020
Permian Holdings Inc        PRMIAN  10.500    29.500  1/15/2018
Permian Holdings Inc        PRMIAN  10.500    29.500  1/15/2018
Pernix Therapeutics
  Holdings Inc              PTX      4.250    22.603   4/1/2021
Pernix Therapeutics
  Holdings Inc              PTX      4.250    22.603   4/1/2021
PetroQuest Energy Inc       PQ      10.000    47.500   9/1/2017
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co                PRSPCT  10.250    42.500  10/1/2018
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co                PRSPCT  10.250    42.000  10/1/2018
Quicksilver Resources Inc   KWKA    11.000     2.810   7/1/2021
Quicksilver Resources Inc   KWKA     9.125     2.625  8/15/2019
Rex Energy Corp             REXX     8.875    35.239  12/1/2020
Rolta LLC                   RLTAIN  10.750    17.625  5/16/2018
Samson Investment Co        SAIVST   9.750     4.500  2/15/2020
SandRidge Energy Inc        SD       8.750    38.500   6/1/2020
SandRidge Energy Inc        SD       8.750     6.750  1/15/2020
SandRidge Energy Inc        SD       7.500     5.250  3/15/2021
SandRidge Energy Inc        SD       8.125     5.000 10/15/2022
SandRidge Energy Inc        SD       7.500     5.125  2/15/2023
SandRidge Energy Inc        SD       8.750    39.900   6/1/2020
SandRidge Energy Inc        SD       7.500     5.125  2/16/2023
SandRidge Energy Inc        SD       8.125     5.125 10/16/2022
SandRidge Energy Inc        SD       7.500     5.500  3/15/2021
SandRidge Energy Inc        SD       7.500     5.500  3/15/2021
Sequa Corp                  SQA      7.000    15.000 12/15/2017
Sequa Corp                  SQA      7.000    15.375 12/15/2017
Sidewinder Drilling Inc     SIDDRI   9.750     7.000 11/15/2019
Sidewinder Drilling Inc     SIDDRI   9.750     7.000 11/15/2019
Speedy Cash Intermediate
  Holdings Corp             SPEEDY  10.750    68.000  5/15/2018
Speedy Cash Intermediate
  Holdings Corp             SPEEDY  10.750    67.500  5/15/2018
Speedy Cash Intermediate
  Holdings Corp             SPEEDY  10.750    67.500  5/15/2018
Speedy Cash Intermediate
  Holdings Corp             SPEEDY  10.750    67.500  5/15/2018
Speedy Group
  Holdings Corp             SPEEDY  12.000    39.500 11/15/2017
Speedy Group
  Holdings Corp             SPEEDY  12.000    39.125 11/15/2017
SquareTwo Financial Corp    SQRTW   11.625    12.350   4/1/2017
Stone Energy Corp           SGY      1.750    45.885   3/1/2017
SunEdison Inc               SUNE     0.250     6.250  1/15/2020
SunEdison Inc               SUNE     2.375     6.250  4/15/2022
SunEdison Inc               SUNE     2.750     6.375   1/1/2021
SunEdison Inc               SUNE     2.625     6.875   6/1/2023
SunEdison Inc               SUNE     2.000     4.313  10/1/2018
SunEdison Inc               SUNE     3.375     6.875   6/1/2025
TMST Inc                    THMR     8.000    14.000  5/15/2013
Talos Production LLC /
  Talos Production
  Finance Inc               TALPRO   9.750    45.950  2/15/2018
Talos Production LLC /
  Talos Production
  Finance Inc               TALPRO   9.750    43.500  2/15/2018
TerraVia Holdings Inc       TVIA     6.000    61.375   2/1/2018
Terrestar Networks Inc      TSTR     6.500    10.000  6/15/2014
TetraLogic
  Pharmaceuticals Corp      TLOG     8.000    25.493  6/15/2019
Texas Competitive Electric
  Holdings Co LLC /
  TCEH Finance Inc          TXU     11.500    33.250  10/1/2020
Texas Competitive Electric
  Holdings Co LLC /
  TCEH Finance Inc          TXU     10.250     6.650  11/1/2015
Texas Competitive Electric
  Holdings Co LLC /
  TCEH Finance Inc          TXU     15.000     6.600   4/1/2021
Texas Competitive Electric
  Holdings Co LLC /
  TCEH Finance Inc          TXU     10.250     6.650  11/1/2015
Texas Competitive Electric
  Holdings Co LLC /
  TCEH Finance Inc          TXU     15.000     6.500   4/1/2021
Texas Competitive Electric
  Holdings Co LLC /
  TCEH Finance Inc          TXU     11.500    34.500  10/1/2020
Texas Competitive Electric
  Holdings Co LLC /
  TCEH Finance Inc          TXU     10.250     6.625  11/1/2015
Triangle USA
  Petroleum Corp            TPLM     6.750    22.900  7/15/2022
Triangle USA
  Petroleum Corp            TPLM     6.750    21.625  7/15/2022
UCI International LLC       UCII     8.625    21.000  2/15/2019
Venoco Inc                  VQ       8.875     3.100  2/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc     VRS     11.750    17.000  1/15/2019
Verso Paper Holdings
  LLC / Verso Paper Inc     VRS      8.750     0.207   2/1/2019
Verso Paper Holdings
  LLC / Verso Paper Inc     VRS     11.750    17.000  1/15/2019
W&T Offshore Inc            WTI      8.500    32.500  6/15/2019
Walter Energy Inc           WLTG     9.500    20.125 10/15/2019
Walter Energy Inc           WLTG     9.500    20.125 10/15/2019
Walter Energy Inc           WLTG     9.500    20.125 10/15/2019
Walter Energy Inc           WLTG     9.500    20.125 10/15/2019
Warren Resources Inc        WRES     9.000     1.977   8/1/2022
Warren Resources Inc        WRES     9.000     1.977   8/1/2022
Warren Resources Inc        WRES     9.000     1.977   8/1/2022
iHeartCommunications Inc    IHRT    10.000    66.700  1/15/2018


                            *********

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 2016.  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 ***