TCR_Public/171002.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, October 2, 2017, Vol. 21, No. 274

                            Headlines

151 MILBANK: $8M Sale of Greenwich Condo Units to Violi Okayed
1567 YORK: Closing Date for JGD Contract Extended to Oct. 31
1776 AMERICAN: Sale of The Woodlands Property for $212K Approved
A-OK ENTERPRISES: Hires Depew Gillen Rathbun as Special Counsel
ACER THERAPEUTICS: Joined Cantor Fitzgerald Healthcare Conference

ACORN PROPERTIES: $1.33M Sale of Thomasville Property Approved
ACOSTA INC: S&P Lowers CCR to 'B-' on Poor Operating Performance
ADVANCED PAIN: Trustee Settling w/ Malik for $1.8M & Selling Assets
AEROGROUP INTERNATIONAL: Hires Bayard as Co-counsel
AEROGROUP INTERNATIONAL: Hires Ropes & Gray as Counsel

ALLEN TYLER: Sale of Cambridge Property to Academy for $190K Okayed
ALPHA METAL: Sale of Lavaca Property to Edson for $142K Approved
AMAN RESORTS: Seeks Transfer of Involuntary Cases to NY
AMN HEALTHCARE: Moody's Hikes CFR to Ba1; Outlook Stable
AMTUL PETROLEUM: Disclosure Statement Hearing Set for Oct. 31

AOXING PHARMACEUTICAL: Cancels $50 Million Securities Offering
AOXING PHARMACEUTICAL: Cancels Registration of $50M Securities
ARCONIC INC: Elliott Funds Have 11.6% Stake as of May 22
ASAD QUMAR: $550K Sale of Reunion Property to Estevezes Okayed
ASCENA RETAIL: S&P Cuts CCR to B+ on Weak Performance Expectations

AUTHENTIC GELATO: Wants to Use Regions Bank Cash Collateral
AZURE MIDSTREAM: S&P Lowers CCR to 'CCC', Outlook Negative
B.P. THOMPSON: Tucson Property to be Auctioned off on Oct. 30
BANYON 1030-32: Ch. 7 Trustee Sues Harden for Alleged Negligence
BCTC PARTNERS: Phoenix Property to Be Auctioned Off Oct. 13

BETHEL HEALTHCARE: Oak Point Buying Remnant Assets for $3K
BLACKRIDGE TECHNOLOGY: Forms 'BlackRidge Secure Blockchain' Unit
BMW PARTNERSHIP: Plan Outline Okayed, Plan Hearing on Oct. 31
BOD ENTERPRISES: Allowed to Use BOC Cash Collateral Until Oct. 5
BODLEY INVESTMENTS: Can Use BOC Cash for September 2017 Expenses

CBAK ENERGY: Five Directors Elected at Annual Meeting
CIRCLE Z: Plan Confirmation Hearing Set for Nov. 8
COATES INTERNATIONAL: Obtains $29,350 Financing from APG Capital
COCRYSTAL PHARMA: Proposes $150 Million Securities Offering
COMBIMATRIX CORP: Signs Two-Year Marketing Agreement with Invitae

COMPOUNDING DOCS: Disclosure Statement Hearing Set for Oct. 18
CONDO 64: May Use American Eagle's Cash Collateral Through Nov. 22
CONNIE HARDWICK: Pescatore Buying Gresham Property for $137K
COTT CORP: Moody's Hikes CFR to B1; Outlook Stable
COVENANT PLASTICS: Plan Outline Okayed, Plan Hearing on Nov. 1

CRAPP FARMS: Sale of 2011 Wilson Cattle Trailer for $45K Approved
CTI BIOPHARMA: Appoints Laurent Fischer as New Board Chairman
CYTOSORBENTS CORP: Appoints New Chief Medical Officer
CYTOSORBENTS CORP: May Issue 5 Million Shares Under 2014 LTIP
DAVID WINSTON: Wells Fargo Tries to Block Plan Outline Approval

DIFFUSION PHARMACEUTICALS: Amends 26.5M Shares Resale Prospectus
DIVINE MEDICAL: Unsecureds to Get $939 Per Month Over 5 Years
DON GREEN: $410K Sale of Property to Andrews Trust Okayed
DOWLING COLLEGE: Sets Bidding Procedures for Brookhaven Campus
ECOARK HOLDINGS: Randy May Rejoins as Chief Executive Officer

ECOARK HOLDINGS: Rebrands Itself as 'Zest Technologies'
EDGEWOOD PARTNERS: S&P Affirms Then Withdraws B Corp. Credit Rating
ELLINGTON TRUCKING: Court Extends Plan Exclusivity to Oct. 2
FIELDWOOD ENERGY: Moody's Cuts CFR to Caa3 on Weak Liquidity
FULLBEAUTY BRANDS: Moody's Cuts CFR to Caa1; Outlook Remains Neg.

GENERAL CABLE: S&P Affirms 'B' Corp Credit Rating, Outlook Stable
GENESIS DME: Disclosure Statement Hearing Set for Oct. 26
GERARD BOEH: Allowed to Continue Using Cash Collateral
GIBSON ENERGY: Notes Add-on No Impact on Moody's Ba2 CFR
GROSS FAMILY: Asks Court to Approve Disclosure Statement

GROTE MOLEN: Shareholders Elect Seven Directors to Board
GUITAR CENTER: Moody's Lowers Corporate Family Rating to B3
GV HOSPITAL: Given Until October 31 to Obtain Plan Confirmation
HANISH LLC: Allowed to Continue Using Phoenix REO Cash Collateral
IAC/INTERACTIVECORP: Upsized Notes No Impact on Moody's Ba2 CFR

ILLINOIS STAR: Plan Exclusivity Deadline Moved to Oct. 31
INVISTA EQUITIES: S&P Assigns 'BB+' CCR, Outlook Stable
IO METRO: Sale of Dallas Property Lease to Gilliland for $135K OK'd
ITUS CORP: Stockholders Elect Five Directors
JAMES WILSON: Asks Court for Conditional Approval of Plan Outline

JASON MAZZEI: Van Ho Buying Wilkes-Barre Property for $19K
KABBALAH TAXI: Bethpage Federal Objects to Cash Collateral Use
KATY INDUSTRIES: Has Until December 11 to File Chapter 11 Plan
KHAN GROUP: 2nd Interim Cash Collateral Order Entered
L BRANDS: Moody's Affirms Ba1 Corporate Family Rating

LA PALOMA: Objects to O'Melveny's $2.6 Million Fee Bid
LAKE NAOMI REAL ESTATE: Disclosure Statement Hearing on Dec. 7
LAKE NAOMI REAL ESTATE: Unsecureds to Recoup 100% in 60 Months
LAWRENCE D. FROMELIUS: Sale of Lisle Vacant Lot for $60K Approved
LEHMAN BROTHERS: FDIC Asks Court to Stay Suit Against Guaranty Bank

LIFELINE SLEEP: Disclosures OK'd; Plan Hearing on Oct. 24
LILY ROBOTICS: Awaits Effective Date, Seeks Exclusivity Extension
LINCOLN MEDICAL: Plan Outline Okayed, Plan Hearing on Nov. 9
LUKE'S LOCKER: Has Until October 22 to File Reorganization Plan
MANN REALTY: Double M Objects to Approval of Plan Outline

MANN REALTY: McCormick Says Plan Outline Lacks Adequate information
MANN REALTY: S&T Bank Tries to Block Approval of Plan Outline
MARIA SANCHEZ: Sale of Pharr Property to Palomo for $165K Approved
MF GLOBAL: Wants to Appeal Ruling on Bermuda Arbitration
MILK HOUSE: Sale of Yadkin Property to Sizemore for $142K Approved

MOSES APSAN: Sets Bidding Procedures for Saddle River Property
MRI INTERVENTIONS: Closes $13.25 Million Private Placement
MRP GENERATION: S&P Lowers Rating on $290MM Secured Loans to 'B+'
NATIONAL EVENTS: Alan Halperin Is Independent Examiner
NATURE'S CHOICE: Wants Plan Filing Deadline Extended to Nov. 15

NEPHROS INC: Supply Agreement With Medica Extended Until 2025
NORTHERN OIL: Settles Lawsuit with Former CEO
PACIFIC 9: Exclusive Plan Filing Deadline Extended Through Dec. 20
PARADISE MEDSPA: Plan Outline Okayed, Plan Hearing on Nov. 8
PARETEUM CORP: Touts Recent Developments in Presentation

PAWN AMERICA: Needs Until February 7 to Solicit Plan Votes
PCM DEVELOPMENT: Auction of Queens Property Moved to Oct. 13
PEEKAY ACQUISITIONS: TRO Issued Versus Woodforest Bank
PIONEER ENERGY: Operations Revenues Impacted by Hurricane Harvey
PLASTIPAK HOLDINGS: S&P Lowers CCR to 'B+' on Recapitalization

PRIDE OF THE HILLS: Seeks Permission to Use CSB Cash Collateral
PRIME SIX: Unsecured Creditors to Recoup 5% in Five Annual Payments
PUERTO RICO: Debt Hearings Postponed, Moved to New York
QUADRANT 4: Reaches Pact With SEC, No Penalty Over Alleged Fraud
QUADRANT 4: SEC Drops Securities Fraud Claims

RAYONIER AM: Moody's Confirms Ba3 CFR; Outlook Stable
RENT-A-WRECK: Seeks February 19 Plan Exclusivity Extension
REYNOLDS GROUP: Moody's Assigns 'B2' Corp. Family Rating
RFI MANAGEMENT: Hurricane Maria Delays Filing of Chapter 11 Plan
RICHARD SOLBERG: $375K Sale of Roseau Farm Estate Approved

ROBERT MOULTRIE: Selling 131 Acres of Meriwether Land for $500K
RPM HARBOR: Needs More Time to Assess Claims, File Ch. 11 Plan
SAEXPLORATION HOLDINGS: Unit Obtains $16-Mil. Credit Facility
SBA COMMUNICATIONS: S&P Rates New $500MM Senior Unsec. Notes 'B+'
SLUSS & RAY: Given Until November 30 to File Chapter 11 Plan

SLUSS & RAY: Sale of Wichita Property to C&A Empire for $435K OK'd
SMITHFIELD FOODS: Moody's Rates $400MM Senior Unsecured Notes Ba2
SNAP INTERACTIVE: Seven Directors Elected by Stockholders
SQUARE ONE: Cash Use for September Approved
STEALTH SOFTWARE: Principal to Make $25K Cash Contribution

STEVEN DAVIS: Mr. Fierro Buying Fort Worth Property for $141K
STEWART DUDLEY: Magnify Seeks Closing of $265K Sale of Condo Unit
SUNEDISON INC: Ankura's Luke Okayed as Chief IT Security Officer
T3M INC: Final Order on Chapter 7 Case Conversion Issued
TAKATA CORP: Seeks to Pay $200K Retainer Fee to Special Master

TEGNA INC: Moody's Lowers Corporate Family Rating to Ba2
TOWERSTREAM CORP: Files Amended Units Prospectus
TOYS "R" US: May Maintain Customer Programs, Court Says
TPC GROUP: S&P Affirms 'CCC+' CCR & Alters Outlook to Stable
UNITED CONTINENTAL: Fitch Assigns BB/RR4 Rating to Unsecured Notes

US VIRGIN ISLANDS: Fitch Withdraws CCC Issuer Default Rating
VALDERRAMA A/C: Unsecureds to Get Minimum of 25% Over 5 Years
VIDEO DISPLAY: Incurs $1 Million Net Loss in Fiscal 2017
VILLAGE AT LAKERIDGE: U.S. Gov't. Comments on Insider Designation
VITAMIN WORLD: Wants Injunction After Robinson Terminated Service

W/S PACKAGING: Moody's Lowers CFR to Caa3 on Weak Liquidity
WASHINGTON MUTUAL: Liquidating Trust Says Grant Lied About Fee
WESTINGHOUSE ELECTRIC: Tries to Stop Power Contract Termination
WESTMOUNTAIN GOLD: Amends Disclosure Statement
YBRANT MEDIA: Court Tosses Case Amid Failure to Secure Financing

YBRANT MEDIA: Rosen Says Fees US Trustee Asks for Already Returned
[*] $282K in Defaulted Timeshare Loans Up for Auction Oct. 6
[^] BOND PRICING: For the Week from September 25 to 29, 2017

                            *********

151 MILBANK: $8M Sale of Greenwich Condo Units to Violi Okayed
--------------------------------------------------------------
Judge Julie A. Manning of the U.S. Bankruptcy Court for the
District of Connecticut authorized 151 Milbank, LLC's sale of a
four-unit luxury townhouse condominium located at located at 151
Milbank Avenue in Greenwich, Connecticut to Caterina Violi or her
designee for $8,000,000 (representing a unit price of $2,000,000
per Unit).

The Sale Hearing was held on Sept. 22, 2017.

The sale is free and clear of all liens, claims, interests and
encumbrances.

The Debtor is authorized and directed, without further order of the
Court, to pay to the DIP Lender from the Proceeds at the closing of
the sale of the Units the amount of $5,994,467, plus any applicable
per diem amounts, provided that the attorney's fees owed to the DIP
Lender will be paid separately from the Proceeds 10 days after
notice of such fees, including an itemization thereof, is filed
with the Court, provided further that in the event of any objection
to such fees, any payment of such fees will only be upon further
order of the Court.

All remaining Proceeds will be deposited in an account located in
the United States of America and escrowed pursuant to the terms of
the Borrowing Order and will not be distributed to any party until
further order of the Court.  On Oct. 24, 2017, the Debtor will file
a report of the distribution of the sale proceeds.

The Debtor will pay to Madison Hawk at the closing of the sale of
the Units the amount of $64,537, which is for a commission and
expense reimbursement in accordance with the retention application
and order approving the retention of Madison Hawk, all as set forth
on the statement provided by Madison Hawk at the Sale Hearing, with
the exception of the amounts payable to Mr. Keith McLane who was
not retained as a professional in this case.

As required by the Purchase Agreement, the Debtor is authorized to
escrow $100,000 of the net sale proceeds with the title company to
provide funds to support the one year home warranty given to the
Buyer pursuant to Connecticut law.

Notwithstanding the provisions of Bankruptcy Rules 6004(h) and
7062, the Order will not be stayed for any period of time after the
entry hereof, but will be effective and enforceable immediately
upon its issuance.  Any party objecting to the Order must exercise
due diligence in filing an appeal and pursuing a stay, or risk its
appeal being foreclosed as moot.

                       About 151 Milbank

151 Milbank, LLC's business consists of the ownership, development,
and sale of four residential condominium units located at 151
Milbank Avenue in Greenwich, Connecticut.  151 Milbank has no other
business operations and has no employees.  

151 Milbank filed for Chapter 11 bankruptcy protection (Bankr. D.
Conn. Case No. 15-51485) on Oct. 21, 2015, disclosing total assets
of $4.6 million and total liabilities of $4.4 million.

The case is assigned to Judge Alan H.W. Shiff.  

The Debtor is represented by Thomas J. Farrell, Esq., at Hinckley
Allen and Snyder LLP, in Hartford, Connecticut.


1567 YORK: Closing Date for JGD Contract Extended to Oct. 31
------------------------------------------------------------
1567 York LLC obtained an extension of the deadline to close on a
pending sale contract with JGD Papoutsis LLC, according to the
company's latest disclosure statement, which explains its Chapter
11 plan of reorganization.

The company disclosed that the closing date was extended to October
31 from September 14.  

The plan, which was initially filed on August 15, was designed to
implement the company's strategy to close on the contract to
purchase two adjoining parcels of real property in New York from
JGD for $16.6 million.

The contract initially fixed a closing date of June 30, which was
extended to July 17.  After it failed to get another extension,
1567 York sought Chapter 11 protection to utilize the 60-day
extension period provided under the Bankruptcy Code, which ended on
September 14.

The plan is predicated on the purchase of the property in
accordance with the contract, subject to the extended closing date
of October 31.  The most critical aspect of the plan is the
proposed assumption of the contract and approval of exit financing
to fund the acquisition and pay creditors.

Under the plan, creditors holding allowed Class 4 general unsecured
claims will be paid in full on the effective date from the proceeds
of the exit facility or other capital raised by the company's
investors.

1567 York projects total unsecured debt of approximately $640,000,
representing broker commissions, title and legal fees incurred and
to be incurred in connection with the closing of the transaction,
according to the company's latest disclosure statement filed on
September 19 with the U.S. Bankruptcy Court for the Southern
District of New York.

A full-text copy of the company's disclosure statement dated August
15, 2017, is available for free at:

     http://bankrupt.com/misc/1567York_DS081517.pdf

A full-text copy of the company's first amended disclosure
statement dated September 19, 2017, is available for free at:

     http://bankrupt.com/misc/1567York_1DS091917.pdf

                       About 1567 York LLC

1567 York LLC is a would-be purchaser under a certain contract of
sale, dated Dec. 13, 2016, as amended, to purchase two adjoining
parcels of real property located at 1567 and 1571 York Avenue, New
York, New York.  The current owner of the property is JGD Papoutsis
LLC, which is the seller under the contract.  The sale calls for
the purchase price of $16.6 million including a deposit of
$500,000, and $100,000 payment made against vacant rents.

The property is the site of two residential apartment buildings
occupied by residential and commercial tenants.  The proposed
acquisition is being done in connection with an anticipated larger
development and joint venture agreement.  Several of the apartments
are already vacant.

1567 York sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. S.D.N.Y. Case No. 17-11953) on July 16, 2017.  The petition
was signed by David Smith, manager.  

The case is assigned to Judge Mary Kay Vyskocil.  Goldberg Weprin
Finkel Goldstein LLP represents the Debtor as bankruptcy counsel.

At the time of the filing, the Debtor disclosed that it had
estimated assets and liabilities of $10 million to $50 million.

1567 York is represented by Ted J. Donovan, Esq., and Kevin J.
Nash, Esq., at Goldberg Weprin Finkel Goldstein LLP, in New York.


1776 AMERICAN: Sale of The Woodlands Property for $212K Approved
----------------------------------------------------------------
Judge Karen K. Brown of the U.S. Bankruptcy Court for the Southern
District of Texas authorized 1776 American Property IV, LLC, and
affiliates to sell Austin Road Partners, LLC's sale of the single
family residence located at 94 Dove Call Ct, The Woodlands, Texas,
also known as Lot 13, Block 3, Woodlands Village Sterling Ridge, to
Laurie Reinsmith and David Doty for $212,000.

With the exception of the 2017 ad valorem tax lien, the sale of the
Property by the Debtor to the Purchasers will be made free and
clear of all liens, claims, encumbrances, judgments, deeds of
trust, and other interests.  Any liens, claims and encumbrances,
attach to the net sale proceeds in the same order of priority as
exist under non-bankruptcy law.

At closing the following will be paid: (i) broker commissions
identified in the Contract; (ii) Green Bank (net sales proceeds);
(iii) all ad valorem tax liens on the Properties will be paid at
closing, and the Seller's portion of all normal and customary
closing costs and fees, including but not limited to owners
association fees or dues.

Erich Mundinger is authorized on behalf of the Debtor to execute
all instruments and documents and to perform all other actions
necessary to consummate the transaction contemplated under the
Order and the Contract.

The l4-day stay requirements of Bankruptcy Rule 6004(h) are
waived.

              About 1776 American Properties IV

1776 American Properties IV LLC and its 12 affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Lead Case No. 17-30422) on Jan. 27, 2017.  The petitions were
signed by Jeff Fisher, director.

1776 American Properties IV estimated assets of $1 million to $10
million and liabilities of less than $50,000.

The cases are assigned to Judge Karen K. Brown.  

Josh T. Judd, Esq., at Andrews Myers PC, serves as the Debtors'
bankruptcy counsel.

No trustee or examiner has been appointed in the bankruptcy cases
and no official committee of unsecured creditors has been
established.


A-OK ENTERPRISES: Hires Depew Gillen Rathbun as Special Counsel
---------------------------------------------------------------
A-OK Enterprises, LLC and its debtor-affiliates seek permission
from the U.S. Bankruptcy Court for the District of Kansas to employ
Depew Gillen Rathbun & McInteer, LC as special counsel.

The professional services of Depew Gillen Rathbun & McInteer, LC
would include legal services on a contingent basis for litigation
involving the denial of insurance coverage on the alleged
embezzlement theft matter.

The fees of Depew Gillen Rathbun & McInteer, LC shall be a 25%
contingent fee recovery short of litigation and 35% contingent fee
recovery if litigation is necessary through all levels of
litigation.

Randall K. Rathbun, Esq., of Depew Gillen Rathbun & McInteer, LC,
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.

According to a report by Dan Voorhis of the Wichita Eagle, A-OK
owner Bruce Harris cited a foreclosure action by Simmons First
National Bank and an embezzlement by a company employee as reasons
for the bankruptcy filing.

According to the report, Mr. Harris said an employee embezzled
about $1.5 million from the company, ending in March, which turned
a tight financial situation into a bankruptcy.

The report noted that the Chapter 11 filing came one week after
Simmons filed to foreclose on Mr. Harris and six of his businesses
for not repaying a $4 million loan.  According to the suit filed by
Simmons, Mr. Harris hasn't kept up with the agreed upon financial
requirements: his total net worth fell below $3 million; the value
of the companies' accounts receivable and inventory fell below the
value of the loan, and Mr. Harris failed to provide timely
financial statements to the bank.

Depew Gillen Rathbun & McInteer, LC may be reached at:

      Randall K. Rathbun, Esq.
      Depew Gillen Rathbun & McInteer, LC
      8301 East 21st Street North, Suite 450
      Wichita, KS 67206-2936
      Tel: 316-262-4000

              About A-OK Enterprises, LLC

A-OK Enterprises, LLC, and four affiliated entities own and operate
pawn shops, payday lending and rent-to-own facilities at four
leased locations in Wichita, Kansas:

     a. 1525 South Broadway, Wichita, Kansas;

     b. 2021 North Amidon, Wichita, Kansas;

     c. 1519, 1535, 1539, 1543, 1547 and
        1555 South Oliver Street, Wichita, Kansas; and

     d. 410 North West Street, Wichita, Kansas.

A-OK Enterprises, LLC, and four affiliates, including A-OK, Inc.,
sought Chapter 11 protection (Bankr. D. Kan. Lead Case No. 1711096)
on June 9, 2017.  The petitions were signed by Bruce R. Harris,
president, and 98.64% owner of the Debtors.  The Hon. Dale L.
Somers is the case judge.  Hinkle Law Firm, L.L.C., is the counsel
to the Debtors, with the engagement led by Edward J. Nazar, Esq.


ACER THERAPEUTICS: Joined Cantor Fitzgerald Healthcare Conference
-----------------------------------------------------------------
Acer Therapeutics Inc. delivered on Sept. 26, 2017, a corporate
presentation at the Cantor Fitzgerald Global Healthcare Conference,
which was available via webcast.  The presentation included an
overview of the Company's clinical development program for EDSIVO,
the Company's lead program for the treatment of Vascular
Ehlers-Danlos Syndrome (vEDS).  The presentation is available for
free at https://is.gd/jmXatQ.  The Company does not undertake to
update this presentation.

                     About Acer Therapeutics

Headquartered in Cambridge, MA, Acer Therapeutics Inc., formerly
known as Opexa Therapeutics, Inc. -- http://www.acertx.com/-- is a
pharmaceutical company that acquires, develops and intends to
commercialize therapies for patients with serious rare and
ultra-rare diseases with critical unmet medical need.  Acer's
late-stage clinical pipeline includes two candidates for severe
genetic disorders for which there are few or no FDA-approved
treatments: EDSIVO (celiprolol) for vEDS, and ACER-001 (a fully
taste-masked, immediate release formulation of sodium
phenylbutyrate) for urea cycle disorders (UCD) and Maple Syrup
Urine Disease (MSUD).  There are no FDA-approved drugs for vEDS and
MSUD and limited options for UCD, which collectively impact more
than 4,000 patients in the United States.  

Acer's products have clinical proof-of-concept and mechanistic
differentiation, and Acer intends to seek approval for them in the
United States by using the regulatory pathway established under
section 505(b)(2) of the Federal Food, Drug, and Cosmetic Act, or
FFDCA, that allows an applicant to rely for approval at least in
part on third-party data, which is expected to expedite the
preparation, submission, and approval of a marketing application.


On Sept. 19, 2017, Acer completed the merger with Opexa
Therapeutics, Inc., under which the stockholders of Acer (including
investors in a financing that closed concurrently with the merger)
become holders of 88.8% of combined company's outstanding common
stock, with Opexa shareholders retaining 11.2%.  Upon completion of
the merger, Opexa was renamed Acer Therapeutics Inc.  The combined
company commenced trading on the Nasdaq Capital Market under the
symbol "ACER" on Sept. 21, 2017.

Opexa incurred a net loss of $7.98 million for the year ended Dec.
31, 2016, compared to a net loss of $12.01 million in 2015.

As of June 30, 2017, Opexa had $1.98 million in total assets,
$368,547 in total liabilities and $1.61 million in total
stockholders' equity.

Malonebailey, LLP -- http://www.malonebailey.com/-- in Houston,
Texas, issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2016, citing that
the Company has incurred recurring losses, negative operating cash
flows and an accumulated deficit that raise substantial doubt about
its ability to continue as a going concern.


ACORN PROPERTIES: $1.33M Sale of Thomasville Property Approved
--------------------------------------------------------------
Judge John T. Laney, III, of the U.S. Bankruptcy Court for the
Middle District of Georgia authorized Acorn Properties, Inc.'s sale
of a parcel of land and improvements thereon described as Lot 85,
Thomasville, Thomas County, Georgia, to Dewar Investments, LLC, for
$1,334,000.

The sale proceeds along with funds provided by the guarantors
satisfy the amount shown in the secured party RCH Loan Servicing,
LLC's proof of claim, $1,295,708, after being credited with future
payments and adjusted per diem.

The sale is free and clear of all liens upon payment of the secured
party claim.

The assignment by the Buyer of its rights under the Contract will
have no bearing on the Order.

                    About Acorn Properties

Acorn Properties, Inc., based in Thomasville, GA, filed a Chapter
11 petition (Bankr. M.D. Ga. Case No. 17-70661) on June 30, 2017.
The petition was signed by Edward K. Weckwert, Jr., officer.  The
Debtor disclosed $1.78 million to $1.36 million in both assets and
liabilities as of the bankruptcy filing.  Bruce Warren, Esq., at
Whitehurst Blackburn & Warren, serves as bankruptcy counsel to the
Debtor.


ACOSTA INC: S&P Lowers CCR to 'B-' on Poor Operating Performance
----------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
Jacksonville, Fla.-based Acosta Inc. to 'B-' from 'B'. The outlook
is negative.

S&P said, "At the same time, we lowered our issue-level rating on
the senior secured bank credit facility, consisting of $225 million
revolving credit facility due 2019 and $2.065 billion term loan due
2021, to 'B-' from 'B'. The '3' recovery rating is unchanged,
indicating our expectation for meaningful (50%-70% range, rounded
estimate 60%) recovery in the event of default.
We also lowered our issue-level rating on the $800 million senior
unsecured notes due 2022 to 'CCC' from 'CCC+'. The '6' recovery
rating is unchanged, indicating our expectation for negligible
(0%-10%; rounded estimate 0%) recovery in the event of payment
default."

Debt outstanding as of July 31, 2017 was about $2.9 billion. The
downgrade reflects Acosta's weaker-than-expected operating
performance in recent quarters and continued deterioration in its
already weak credit metrics, including adjusted debt to EBITDA
around the mid-9x area as of July 31, 2017. The company's operating
performance has been impacted by consumer packaged goods companies'
(CPGs') spending cuts given the difficult retail environment and
its vulnerability to weak retail store traffic. S&P said, "We do
not believe the company's operating performance will meaningfully
improve over the next several quarters and forecast adjusted debt
to EBITDA in the high-9x area at the end of fiscal year 2017, as
volume softness from CPG customers continues to offset some new
business wins. We believe the company's financial policy will
continue to favor shareholder returns and acquisitions over debt
reduction, therefore keeping leverage high despite positive free
cash flow generation."  

The negative outlook reflects the potential for a lower rating if
the company's operating performance continues to deteriorate and
its credit profile further weakens, potentially due to escalating
pricing pressure and/or reduced sales and marketing spend from CPGs
because of continued weak center of store traffic, or due to the
failure to execute on productivity initiatives.

S&P said, "We could lower our ratings in the next 12 months if
operating performance continues to weaken, resulting in continued
free cash flow deterioration, EBITDA interest coverage in the
low-1x area, covenant cushion tightening to the high-single-digits,
or if, in our view, the capital structure becomes unsustainable.

"We could revise the outlook to stable over the next 12 months if
demand for Acosta's services stabilizes and the company's
productivity improvement efforts take hold, leading to
stabilization in free cash flow and debt to EBITDA improving to
around 9x."


ADVANCED PAIN: Trustee Settling w/ Malik for $1.8M & Selling Assets
-------------------------------------------------------------------
Alan M. Grochal, Chapter 11 Trustee for Advanced Pain Management
Services, LLC ("APMS"), Advanced Anesthesiology Associates, LLC,
Advanced Pain Surgery Center, LLC and American Spine Surgical
Center, LLC, asks the US Bankruptcy Court for the District of
Maryland to authorize (i) the litigation settlement with Dr. Atif
Malik; and (ii) the Asset Purchase Agreement with Advanced Pain
Management, LLC ("APM") in connection with the sale of
substantially all assets of the Debtors in exchange for the
assumption of all accounts payable incurred after execution of the
APA.

The Debtors' bankruptcy filings were predicated, in part, by an
indictment issued on June 28, 2016, by the Grand Jury for the
District of Maryland against the Debtors' owners, Dr. Sandeep
Sherlekar and Malik, on allegations of (i) Conspiracy to Violate
the anti-Kickback Act; (ii) Soliciting and Receiving Illegal
Remuneration in Violation of the Anti-Kickback Act 42 U.S.C.
Section 132oa-7b(b)(1)(A); (iii) Conspiracy to Defraud the United
States; (iv) Health Care Fraud; (v) False Statements Relating to
Health Care Matters; and (vi) Aiding and Abetting.

On Sept. 30, 2016, Sherlekar was found unresponsive and pronounced
dead at the scene.  Police have ruled that the death was a suicide.
The United States has determined that it will not hold the Debtors
liable  for any alleged or proven criminal wrongdoing by Sherlekar
and/or Malik.

In April 2013 (i) a $5 million life insurance was purchased from
John Hancock Insurance Co., designating Malik as the owner and
Sherlekar as the beneficiary ("Malik Policy"); and (ii) a $5
million life insurance was purchased from John Hancock, designating
Sherlekar as the owner and Malik as the beneficiary ("Sherlekar
Policy").  APMS paid all of the premiums on the Insurance Policies
as non-deductible business expenses.

Following the death of Sherlekar, and after being provided with
requested documentation, John Hancock, on Jan. 26, 2017, agreed to
pay out the death benefit on the Sherlekar Policy subject to Dr.
Malik obtaining an order from the U.S. District Court.

The Trustee has asserted a claim against the proceeds of the
Sherlekar Policy on the basis that the insurance proceeds
constitute property of the bankruptcy estates.  Malik disputes the
Trustee's claim, but wishes to use a portion of the balance of the
life insurance proceeds to settle any litigation claims asserted by
the Trustee.

The Trustee has filed a $2.5 million claim in the estate of
Sherlekar which is pending in the Circuit Court for Montgomery
County.  The gravamen of the Trustee's claim against decedent's
estate is that Sherlekar breached his fiduciary duties to APMS.
The Trustee reserves the right to assert similar claims against
Sherlekar's estate on behalf of the Affiliates.

The Trustee believes that the bankruptcy estate has breach of
fiduciary claims against Malik of the same nature and scope as
those that the Trustee has asserted against Sherlekar; however, as
of the date of the Motion, no suit or other proceeding has been
commenced by the Trustee against Malik.

After a thorough evaluation of the litigation claims against Dr.
Malik, including the claim against the proceeds of the Sherlekar
Policy, the Trustee has determined that the best way to maximize
value for creditors is to settle all litigation claims against Dr.
Malik and provide Malik with a release.  Under the Agreement, Dr.
Malik will pay the Trustee $1.75 million in full and final
settlement of all claims and Dr. Malik will receive a full and
complete release.

Given Malik's upcoming criminal trial and the possibility of a
restitution order, the Trustee could be facing the prospect of
battling the federal government with respect to collection on any
successful litigation claims that he may have. In such
circumstances, the Trustee believes, in his business judgment, that
a settlement at this time is the most reasonable approach in order
to maximize the recovery for creditors.

After learning of the impending indictments, the Debtors began
attempting to sell the practice.  Starting in October 2016, these
marketing efforts intensified, none of which resulted in an offer.
Despite solid financial results  post-petition, given the
uncertainty regarding Dr. Malik's future involvement in the medical
practice, the Trustee has had a difficult time obtaining what he
believes to be a fair price for the practice from an outside third
party.

The Trustee has entered into the APA with Buyer APM.  The Buyer
will acquire substantially all of the operating assets of the
Debtors.

The operating assets will be sold "as is, where is" without any
express or implied warranty of any kind, and free and clear of all
liens, claims, encumbrances or other interests, with Interests to
attach to the sale proceeds.  The Trustee is responsible to pay any
pre-petition arrearages owed under both the Frederick Lease and the
Waldorf Lease.

In consideration for the purchase of the operating assets, the
Buyer will be responsible for all accounts payable that accrued
after execution of the APA, including but not limited to accrued
payroll obligations and accrued trade accounts payable.  The Buyer
has also assumed all accrued vacation pay and severance obligations
in the aggregate amount of $650,000 as well as various equipment
leases and service contracts in the aggregate amount of $100,000.

APM will also provide personnel at no cost to the Trustee, to
assist the Trustee in collecting the Accounts Receivable and in
reconciling accounts receivable generated prior to execution of the
APA and those accounts receivable generated after execution of the
APA.  

Notwithstanding the foregoing, the Trustee will be responsible for
any collection charges owed to Athena in connection with collection
of the Accounts Receivable.  The Buyer will provide the Trustee
with a monthly accounting between accounts receivable collection
and funds collected on behalf of APM and will remit all accounts
receivable collections to the Trustee monthly after approval of the
accounting by the Trustee.

The closing of purchase and sale of the Assets provided for in the
APA will take place within 15 days after entry of the Sale Order
but not earlier than Nov. 1, 2017 at 10:00 a.m. at the offices of
Tydings & Rosenberg LLP, One East Pratt Street, Suite 901,
Baltimore, Maryland.

The Trustee asks that the Court approves the assumption and
assignment of the Assumed Contracts in accordance with the APA.

The Trustee believes, in the exercise of his business judgment,
that the sale of the Assets as a going concern as set forth in the
APA, represents the maximum realizable value for the medical
practice.

A copy of the Litigation Settlement Agreement and the APA attached
to the Motion is available for free at:

      http://bankrupt.com/misc/Advanced_Pain_169_Sales.pdf

The Purchaser:

          Kal Kahloon, Esq.
          ADVANCED PAIN MANAGEMENT, LLC
          CEO and General Counsel
          1050 Key Parkway, Suite 103
          Frederick, MD 21702
          E-mail: kal.kahloon@orthooedicwellness.com
          Telephone: (240) 629-3990
          Facsimile: (240) 629-3983

                 About Advanced Pain Management

Advanced Pain Management Services, LLC --
http://www.americanspinemd.com/-- is a small business debtor as
defined in 11 U.S.C. Section 101(51D), engaged in the health care
business. The Company collected gross revenue for $9.97 million in
2016 and gross revenue of $10.65 million in 2015.

Advanced Pain Management Services filed a Chapter 11 petition
(Bankr. W.D. Ky. Case No. 17-30863), on March 16, 2017.  The
petition was signed by Khalid Kahloon, CEO and general counsel.  At
the time of filing, the Debtor disclosed $1.84 million in total
assets and $2.50 million in total liabilities.

The Kentucky case was assigned to Judge Thomas H. Fulton.  APMS was
represented by James Edwin McGhee, III, Esq. at Kaplan & Partners
LLP.

Advanced Anesthesiology Associates LLC (Bankr. D. Md. Case No.
17-18849), Advanced Pain Surgery Center, LLC  (Bankr. D. Md. Case
No. 17-18850) and American Spine Surgery Center LLC (Bankr. D. Md.
Case No.  17-1885), the Debtors, collectively operate a medical
practice specializing in pain management in Frederick, Maryland and
in Waldorf, Maryland.

On May 1, 2017, the APMS case was transferred to the District of
Maryland (Bankr. D. Md. Case No. 17-16047).  The Maryland petition
disclosed under $1 million in both assets and liabilities.  The
petition was filed pro se.

On May 11, 2017, the Court  entered an Order approving the
appointment of Alan M. Grochal as Chapter 11 trustee.

The Debtors seek entry of an order pursuant to Bankruptcy Rule
1015(b), authorizing the joint administration, for procedural
purposes only, with the case number 17 16047 assigned to Advanced
Pain Management Services, LLC serving as the lead case.

Bankruptcy Judge Thomas J. Catliota presides over the Maryland
case.  The Court appointed Alan M. Grochal as Chapter 11 Trustee.


AEROGROUP INTERNATIONAL: Hires Bayard as Co-counsel
---------------------------------------------------
Aerogroup International, Inc., and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Bayard, P.A., as co-counsel to the Debtors.

Aerogroup International requires Bayard to:

   a. in conjunction with Ropes & Gray, assist the Debtors with
      preparation of all applications, motions, answers, orders,
      reports, and other legal papers necessary to the
      administration of the Debtors' estates;

   b. negotiate, draft, pursue and assist the Debtors
      and Ropes & Gray, as necessary, in their preparation of
      all documents, reports, and papers necessary for the
      administration of these chapter 11 cases;

   c. provide legal advice with respect to the powers and
      duties of the Debtors as debtors in possession in the
      chapter 11 cases in the continued operation of their
      businesses and management of their property, including
      with respect to a potential sale of the Debtors' assets;

   d. appear in court and protect the interests of the Debtors
      before the Court in its capacity as co-counsel with
      Ropes & Gray;

   e. attend all meetings and negotiating with representatives
      of creditors, the U.S. Trustee, and other parties-in-
      interest;

   f. assist Ropes & Gray, as necessary, to perform all other
      legal services for the Debtors which may be necessary and
      proper in the proceedings including, but not limited to,
      advice in areas such as bankruptcy law, corporate law,
      corporate governance, employment, transactional,
      litigation, intellectual property and other issues to the
      Debtors in connection with the Debtors' ongoing business
      operations; and

   g. perform all other legal services for, and providing all
      other necessary legal advice to, the Debtors which may
      be necessary and proper in these cases.

Bayard will be paid at these hourly rates:

     Directors                    $500-$1,050
     Associates/Counsel           $315-$475
     Legal Assistants             $240-$295

The Debtors paid Bayard a retainer of $110,302 on September 11,
2017.  To date, Bayard has applied $54,823.98 of the Retainer in
satisfaction of fees and expenses incurred by the firm prior to the
Petition Date on behalf of the Debtors.

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

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   Question:  Did you agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  No.

   Question:  Do any of the professionals included in this
              engagement vary their rate based on the geographic
              location of the bankruptcy case?

   Response:  No.

   Question:  If you represented the client in the 12 months
              prepetition, disclose your billing rates and
              material financial terms for the prepetition
              engagement, including any adjustments during the
              12 months prepetition. If your billing rates and
              material financial terms have changed postpetition,
              explain the difference and the reasons for the
              difference.

   Response:  Bayard has represented the Debtors since September
              2017. As set forth above, Bayard will be billing at
              its standard hourly rates, with all fees and
              expenses being subject to approval of the
              Bankruptcy Court, subsequent to the commencement
              of a case under chapter 11 of the Bankruptcy Code.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  The Debtors approved a budget for the Debtors'
              Professionals including Bayard as part of their
              approval of the Cash Collateral Budget submitted
              and approved by the Bankruptcy Court. That budget
              covers the period through the week ending December
              9, 2017. The Debtors did not approve a staffing
              plan, but are working on such a staffing plan for
              the same period. Bayard anticipates that a
              detailed budget and staffing plan for the months
              of September and October will be approved by the
              Debtors by October 6, 2017.

Scott D. Cousins, director of Bayard, 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 (a) is not creditors,
equity security holders or insiders of the Debtors; (b) has not
been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Bayard can be reached at:

     Scott D. Cousins, Esq.
     BAYARD, P.A.
     222 Delaware Avenue, Suite 900
     Wilmington, DE 19801
     Tel: (302) 655-5000
     E-mail: scousins@bayardlaw.com

             About Aerogroup International, Inc.

Aerogroup International, Inc. -- http://www.aerosales.com/-- was
established in 1987 through a buyout of the What's What division of
Kenneth Cole. Doing business as Aerosoles, the company is a New
Jersey-based women's footwear brand offering a wide array of
footwear, including heels, flats, wedges, boots and sandals that
appeal to broad consumer tastes.

With plans to close 74 of 78 stores they are operating, Aerogroup
International, Inc., and five affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Lead Case No. 17-11962) on Sept. 15, 2017.

The cases are pending before the Honorable Kevin J. Carey.

Aerosoles disclosed $73 million in assets and $109 million in
liabilities as of the Petition Date.

Aerosoles' legal advisor in connection with the restructuring is
Ropes & Gray LLP. Bayard, P.A., as the Debtors' co-counsel;
Berkeley Research Group, LLC, serves as its restructuring advisor;
and Piper Jaffray & Co. serves as its investment banker. Hilco
Merchant Resources is assisting on store closings.  Prime Clerk LLC
is the claims and noticing agent.

Andrew R. Vara, the Acting U.S. Trustee for Region 3, on Sept. 26
appointed five creditors to serve on the official committee of
unsecured creditors.


AEROGROUP INTERNATIONAL: Hires Ropes & Gray as Counsel
------------------------------------------------------
Aerogroup International, Inc., and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Ropes & Gray LLP, as counsel to the Debtors.

Aerogroup International requires Ropes & Gray to:

   a. advise the Debtors with respect to their powers and duties
      as debtors in possession in the continued management and
      operation of their businesses and properties;

   b. advise and consult on the conduct of these Chapter 11
      Bankruptcy Cases, including all of the legal and
      Administrative requirements of operating in chapter 11;

   c. advise the Debtors regarding related tax matters;

   d. advise the Debtors in connection with the potential sale
      of substantially all of their assets;

   e. take any necessary action on behalf of the Debtors to
      negotiate, draft, and obtain approval of a chapter 11
      plan and all documents related thereto;

   f. represent the Debtors in connection with obtaining
      authority to use cash collateral and obtain postpetition
      financing;

   g. attend meetings and negotiating with representatives of
      creditors and other parties in interest;

   h. take all necessary actions to protect and preserve the
      Debtors' estates, including prosecuting actions on the
      Debtors' behalf, defending any action commenced against
      the Debtors, and representing the Debtors' interests in
      negotiations concerning litigations in which the Debtors
      are involved, including objections to the claims filed
      against the Debtors' estates;

   i. prepare pleadings in connection with these Chapter 11
      Bankruptcy Cases, including motions, applications,
      answers, orders, reports and papers necessary or
      otherwise beneficial to the administration of the
      Debtors' estates;

   j. appear before the Court and any appellate courts to
      represent the interests of the Debtors' estates; and

   k. perform all other necessary legal services for the
      Debtors in connection with the prosecution of these
      Chapter 11 Bankruptcy Cases, including: (i) analyzing
      the Debtors' leases and contracts and the assumption
      and assignment or rejection thereof; (ii) analyzing
      the validity of liens against the Debtors; and (iii)
      advising the Debtors on corporate and litigation
      matters.

Ropes & Gray will be paid at these hourly rates:

     Partner                  $960-$1,320
     Associate                $460-$955
     Paraprofessionals        $290-$430

As of September 14, 2017, Ropes & Gray received a retainer of
$150,000. The firm will also be reimbursed for reasonable
out-of-pocket expenses incurred.

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   Question:  Did you agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  No.

   Question:  Do any of the professionals included in this
              engagement vary their rate based on the geographic
              location of the bankruptcy case?

   Response:  No.

   Question:  If you represented the client in the 12 months
              prepetition, disclose your billing rates and
              material financial terms for the prepetition
              engagement, including any adjustments during the
              12 months prepetition. If your billing rates and
              material financial terms have changed postpetition,
              explain the difference and the reasons for the
              difference.

   Response:  Ropes & Gray has represented the Debtors since June
              7, 2017. Pursuant to the terms of the Engagement
              Agreement, Ropes & Gray will be billing at its
              standard hourly rates, with all fees and expenses
              being subject to approval of the Bankruptcy Court,
              subsequent to the commencement of a case under
              chapter 11 of the Bankruptcy Code. The firm's
              currently hourly rates of Partner $960-$1,320,
              Associate $460-$955, Paraprofessionals $290-$430.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  The Debtors' approved a budget for the Debtors'
              professionals including Ropes & Gray as part of
              their approval of the Cash Collateral Budget
              submitted and approved by the Bankruptcy Court.
              That budget covers the period through the week
              ending December 9, 2017. The Debtors did not
              approve a staffing plan, but are working on such
              a staffing plan for the same period. Ropes & Gray
              anticipates that a detailed budget and staffing
              plan for the months of September and October will
              be approved by the Debtors by October 6, 2017.

Gregg M. Galardi, partner of Ropes & Gray LLP, assures the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and (a) is not creditors,
equity security holders or insiders of the Debtors; (b) has not
been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Ropes & Gray can be reached at:

     Gregg M. Galardi, Esq.
     ROPES & GRAY LLP
     1211 Avenue of the Americas
     New York, NY 10036-8704
     Tel: (212) 596-9000
     Fax: (212) 596-9090
     E-mail: gregg.galardi@ropesgray.com

             About Aerogroup International, Inc.

Aerogroup International, Inc. -- http://www.aerosales.com/-- was
established in 1987 through a buyout of the What's What division of
Kenneth Cole. Doing business as Aerosoles, the company is a New
Jersey-based women's footwear brand offering a wide array of
footwear, including heels, flats, wedges, boots and sandals that
appeal to broad consumer tastes.

With plans to close 74 of 78 stores they are operating, Aerogroup
International, Inc., and five affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Lead Case No. 17-11962) on Sept. 15, 2017.

The cases are pending before the Honorable Kevin J. Carey.

Aerosoles disclosed $73 million in assets and $109 million in
liabilities as of the Petition Date.

Aerosoles' legal advisor in connection with the restructuring is
Ropes & Gray LLP. Bayard, P.A., serves as co-counsel; Berkeley
Research Group, LLC, serves as its restructuring advisor; and Piper
Jaffray & Co. serves as its investment banker for the
restructuring.  Hilco Merchant Resources is assisting on store
closings.

Prime Clerk LLC is the claims and noticing agent.

Andrew R. Vara, the Acting U.S. Trustee for Region 3, on Sept. 26
appointed five creditors to serve on the official committee of
unsecured creditors.


ALLEN TYLER: Sale of Cambridge Property to Academy for $190K Okayed
-------------------------------------------------------------------
Judge Thomas J. Catliota of the U.S. Bankruptcy Court for the
District of Maryland authorized Allen L. Tyler and Charrie L. Tyler
to sell the Debtor husband's 1/3 interest in commercial realty
located at 515 Leonards Lane, Cambridge, Dorchester County,
Maryland, together with Debtor husband's 1/3 interest in the going
concern known as the Bay Country Racquet Club, to Eastern Shore
Sports Academy, LLC, for $190,000.

The Debtors may pay the fair portion of the Realtor fees in the
amount of $4,875 from the proceeds of the sale without further
approval of the Court.

The Debtors are to deposit the net sale proceeds after realtor fees
and costs of sale into their DIP account to be used for the benefit
of the estate and they are authorized to make subsequent payment of
such net proceeds to DIP Lending I, LLC.

Allen L. Tyler and Charrie L. Tyler sought Chapter 11 protection
(Bankr. D. Md. Case No. 15-25289) on Nov. 3, 2015.  On Nov. 25,
2015, the Court approved Ray Stevens' employment as the Debtors'
real estate sales professional.


ALPHA METAL: Sale of Lavaca Property to Edson for $142K Approved
----------------------------------------------------------------
Judge Ben Barry of the U.S. Bankruptcy Court for the Western
District of Arkansas authorize Alpha Metal Manufacturing, Inc.'s
private sale of real property, a commercial building and
approximately 3 acres, located at Lot 6 County Corner Estates,
Sebastian County, Arkansas, Parcel number 60120-0850-00000-00, also
commonly known as 25404 Highway 22, Lavaca, Arkansas, to Lucy H.
Edson for $141,500.

The proceeds from said sale will be placed in the DIP account.  The
Debtor will immediately wire the payoff amount to Armstrong Bank or
as otherwise directed by Armstrong Bank once the Order is entered
as the purchase proceeds have cleared the Debtor's Dip account.

Upon receipt of said funds, Armstrong Bank is directed to
immediately release any mortgage or lien held against the real
estate so that clear title may pass on the property.  Then, the
Debtor may convey the real estate by general warranty deed to the
Purchaser of the Property.

                About Alpha Metal Manufacturing

Alpha Metal Manufacturing, Inc., is an Arkansas Corporation with
its principal assets located in Sebastian County, Arkansas.  Alpha
Metal filed a voluntary petition under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Ark Case No. 17-70125) on Jan. 20, 2017.  Don
Brady, Esq., at AADR, serves as the Debtor's legal counsel.


AMAN RESORTS: Seeks Transfer of Involuntary Cases to NY
-------------------------------------------------------
Joyce Hanson, writing for Bankruptcy Law360, reports that Aman
Resorts Group Ltd. is seeking a transfer of venue of two
involuntary bankruptcies filed by former owner Omar Amanat --
Aman's Chapter 11 case and corporate parent Peak Hotels & Resorts
Group Ltd.'s Chapter 7 case -- to the Southern District of New York
from the Southern District of Florida.

                   About Aman Resorts Group

Aman Resorts Group Limited is in the hotel and tourism industry.
The sole shareholder of the company is Peak Hotels and Resorts
Group, LTD, which sought bankruptcy protection under Chapter 7 of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 17-15041) on April
24, 2017.

Peak, acting by Chapter 7 trustee Jacqueline Calderin, passed a
resolution on Aug. 4, 2017, to change the name of the Company from
"Aman Resorts Group Limited" to "A.R. Group Limited" in order to
avoid any potential damage of the goodwill, branding and
intellectual property rights associated with the brand name "AMAN"
in the hotels and tourism industry.

An involuntary Chapter 11 petition was filed on March 7, 2016,
against ARGL by Carolyn Turnbull, George Robinson, Fonde Investment
Capital SA, and Adrian Zecha (Bankr. S.D.N.Y. Case No. 16-10517).

Aman Resorts Group Limited, based in New York, NY, filed a Chapter
11 petition (Bankr. S.D. Fla. Case No. 17-20114) on Aug. 9, 2017.
Robert P. Charbonneau, Esq., at Ehrenstein Charbonneau Calderin,
serves as its bankruptcy counsel.


AMN HEALTHCARE: Moody's Hikes CFR to Ba1; Outlook Stable
--------------------------------------------------------
Moody's Investors Service upgraded AMN Healthcare, Inc. ("AMN")
Corporate Family Rating to Ba1 from Ba2 and Probability of Default
rating to Ba1-PD from Ba2-PD. Moody's also upgraded the $325
million senior unsecured notes to Ba2 from Ba3 and the Speculative
Grade Liquidity rating to SGL-1 from SGL-2. The rating outlook is
stable.

The upgrade of the CFR reflects steadily improving earnings, strong
credit metrics and good cash flow. Moody's expects that the company
will realize mid-single digit organic revenue growth and reduce
debt to EBITDA below the already low 1.8 times. Moody's anticipates
that the company will maintain a disciplined acquisition strategy
that will not materially weaken its credit metrics.

The SGL upgrade reflects good cash flow, an undrawn $275 million
revolver and ample covenant cushion as the company has realized
strong earnings growth and repaid debt instead of completing
acquisitions.

The following ratings of AMN Healthcare, Inc. were upgraded:

- Corporate Family Rating, upgraded to Ba1 from Ba2

- Probability of Default Rating, upgraded to Ba1-PD from Ba2-PD

- $325 million Senior Unsecured Notes due 2024, upgraded to Ba2
   (LGD 4) from Ba3 (LGD 5)

- Speculative Grade Liquidity Rating, upgraded to SGL-1 from SGL-
   2

The outlook is stable.

RATINGS RATIONALE

The Ba1 Corporate Family Rating reflects the company's strong
credit metrics, leading market position in the temporary healthcare
staffing industry and very good liquidity profile. Moody's expects
that over the long term AMN will benefit from favorable industry
trends, including growing demand for health services due to an
aging population and a shrinking pool of healthcare professionals.
However, the rating is constrained by the highly cyclical Nurse and
Allied Solutions segment, which accounted for 62% of revenue in the
first half of 2017. While the company has taken steps to reduce
volatility, Moody's believes revenue and earnings will still
decline materially during an economic downturn. Furthermore,
Moody's expects that the company will complete debt funded
acquisitions as part of its growth strategy.

The stable outlook reflects Moody's belief that debt to EBITDA will
remain in the 1 to 2 times range over the next 12 to 18 months.
Moody's expects solid organic earnings and cash flow growth, but
that credit metric improvement will be limited by debt funded
acquisitions.

Moody's believes it is unlikely the rating will be upgraded in the
near to medium term. However, if the company materially increases
its size and reduces its cyclicality, by increasing its Managed
Service Programs and growing revenues outside of the volatile
Nursing and Allied Solutions segment, the rating could be upgraded.
Moody's would also need to expect that the company will sustain
debt to EBITDA below 1.5 times and free cash flow to debt above 25%
even during temporary fluctuations in demand.

The rating could be downgraded if earnings or cash flow are
expected to materially decline due to an economic slowdown.
Furthermore, a deterioration in liquidity or a material increase in
leverage due to debt funded acquisitions or share repurchases could
result in a downgrade.

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

AMN is the largest temporary healthcare staffing provider in the
United States. The Nurse and Allied Solutions segment accounted for
62% of revenue in the first half of 2017, the Locum Tenens
Solutions segment accounted for 22% of revenue and the Other
Workforce Solutions (physician permanent placement, executive
search, etc.) segment accounted for 16% of revenue. The company is
publicly traded and has revenue of about $1.9 billion.


AMTUL PETROLEUM: Disclosure Statement Hearing Set for Oct. 31
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Indiana is
set to hold a hearing on October 31 to consider approval of the
Chapter 11 plan of reorganization for Amtul Petroleum Inc.

The hearing will be held at 10:00 a.m., at the U.S. Courthouse,
Room 325.  Creditors have until October 24 to file their objections
and cast their votes accepting or rejecting the plan.

                   About Amtul Petroleum Inc.

Amtul Petroleum Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ind. Case No. 17-02394) on April 5,
2017.  Syed Uzzama, president, signed the petition.

At the time of the filing, the Debtor disclosed that it had
estimated assets and liabilities of less than $1 million.  

Judge James M. Carr presides over the case.  Redman Ludwig, PC
represents the Debtor as bankruptcy counsel.

On September 15, 2017, the Debtor filed its Chapter 11 plan of
reorganization.


AOXING PHARMACEUTICAL: Cancels $50 Million Securities Offering
--------------------------------------------------------------
Aoxing Pharmaceutical Company, Inc. filed a post-effective
amendment No. 1 to its registration statement on Form S-3 to
terminate the offering of common stock, preferred stock, warrants
and debt securities with a total value of up to $50,000,000
previously registered under the Registration Statement.  As of
Sept. 26, 2017, 2,352,941 shares of common stock and 1,905,883
common stock purchase warrants have been sold under the
Registration Statement for an aggregate purchase price of
$3,000,000.  No other Securities have been sold under the
Registration Statement.

                        About Aoxing

Foster City, California-based Aoxing Pharmaceutical Company, Inc.,
has one operating subsidiary, Hebei Aoxing Pharmaceutical Co.,
Inc., which is organized under the laws of the People's Republic of
China.  Since 2002, Hebei Aoxing has been engaged in developing
narcotics and pain management products.  In 2008 Hebei Aoxing
supplemented its product lines by acquiring Shijiazhuang Lerentang
Pharmaceutical Company, Ltd., a specialty pharmaceutical company
focusing on herbal pain related therapeutics.  The Company owns 95%
of the equity in Hebei Aoxing.

Aoxing reported net income of $2.24 million for the year ended June
30, 2016, compared to net income of $5.81 million for the year
ended June 30, 2015.  

As of March 31, 2017, Aoxing had $62.46 million in total assets,
$44.38 million in total liabilities and $18.08 million in total
equity.

BDO China Shu Lun Pan Certified Public Accountants LLP, in
Shanghai, People's Republic of China, issued a "going concern"
qualification on the consolidated financial statements for the year
ended June 30, 2016, citing that the Company accumulated a large
deficit and a working capital deficit that raise substantial doubt
about its ability to continue as a going concern.


AOXING PHARMACEUTICAL: Cancels Registration of $50M Securities
--------------------------------------------------------------
Aoxing Pharmaceutical Company, Inc., filed a post-effective
amendment No. 1 to the Registration Statement on Form S-3 to
terminate the offering of common stock, preferred stock, warrants
and debt securities with a total value of up to $50,000,000
previously registered under the Registration Statement.  As of
Sept. 26, 2017, 2,352,941 shares of common stock and 1,905,883
common stock purchase warrants have been sold under the
Registration Statement for an aggregate purchase price of
$3,000,000.  No other Securities have been sold under the
Registration Statement.

                         About Aoxing

Jersey City, New Jersey-based Aoxing Pharmaceutical Company, Inc.
-- http://www.aoxingpharma.com/-- is a U.S. incorporated
pharmaceutical company with its operations in China, specializing
in research, development, manufacturing and distribution of a
variety of narcotics and pain-management products.  Headquartered
in Shijiazhuang City, outside Beijing, Aoxing Pharma has the
largest and most advanced manufacturing facility in China for
highly regulated narcotic medicines.  Its facility is one of the
few GMP facilities licensed for the manufacture of narcotic
medicines by the China Food and Drug Administration.  

Aoxing reported net income of $2.24 million for the year ended June
30, 2016, compared to net income of $5.81 million for the year
ended June 30, 2015.  

As of March 31, 2017, Aoxing had $62.46 million in total assets,
$44.38 million in total liabilities, and $18.08 million in total
equity.

BDO China Shu Lun Pan Certified Public Accountants LLP, in
Shanghai, People's Republic of China, issued a "going concern"
qualification on the consolidated financial statements for the year
ended June 30, 2016, citing that the Company accumulated a large
deficit and a working capital deficit that raise substantial doubt
about its ability to continue as a going concern.


ARCONIC INC: Elliott Funds Have 11.6% Stake as of May 22
--------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Elliott Associates L.P. disclosed that as of May 22,
2017, it beneficially owned 16,352,683 shares of common stock of
Arconic Inc., constituting approximately 3.7% of the shares of
Common Stock outstanding.  The aggregate percentage of Common Stock
reported owned by Elliott is based upon 440,826,482 shares of
Common Stock outstanding as of April 21, 2017, which is the total
number of shares of Common Stock outstanding as reported in the
Issuer's Quarterly Report on Form 10-Q filed with the Securities
and Exchange Commission on May 2, 2017.

Elliott International L.P. beneficially owned 34,749,450 shares of
Common Stock, constituting approximately 7.9% of the shares of
Common Stock outstanding.  Elliott International Capital Advisors
Inc., as the investment manager of Elliott International, may be
deemed to beneficially own the 34,749,450 shares of Common Stock
beneficially owned by Elliott International, constituting
approximately 7.9% of the shares of Common Stock outstanding.

Collectively, Elliott, Elliott International and EICA beneficially
own 51,102,133 shares of Common Stock, constituting approximately
11.6% of the shares of Common Stock outstanding.

                     Settlement Agreement

On May 22, 2017, Elliott Associates, L.P., Elliott International,
L.P. and Elliott International Capital Advisors Inc. and Arconic
entered into a settlement agreement pursuant to which the Elliott
Parties will nominate Christopher L. Ayers, Elmer L. Doty and
Patrice E. Merrin for election as directors at the Issuer's
upcoming 2017 annual meeting of shareholders, and the Issuer will
nominate David P. Hess and Ulrich R. Schmidt for election as
directors at the Annual Meeting.  The Elliott Parties and the
Issuer have agreed to withdraw their respective nominations of any
other director candidates for election at the Annual Meeting.  Any
votes for the withdrawn nominees on proxy cards submitted by
shareholders will be disregarded.

The Settlement Agreement also provides that Messrs. Ayers and Doty,
and Ms. Merrin, will be appointed to certain committees of the
Board as promptly as practicable following the Annual Meeting.

The Settlement Agreement provides the Elliott Parties with the
right to select for appointment to the Board, subject to the
approval of the Board's Governance and Nominating Committee (not to
be unreasonably withheld, delayed or conditioned), a replacement
candidate for any of the Elliott Parties' recommended directors who
becomes unable or unwilling to serve, such replacement candidate to
serve the unexpired term, if any, of the departed director.  The
Elliott Parties' recommended directors include the Reporting
Persons' three nominees for election at the Annual Meeting (i.e.,
Messrs. Ayers and Doty, and Ms. Merrin) and the three directors
appointed to the Board pursuant to the Issuer's agreement with the
Elliott Parties dated Feb. 1, 2016 (i.e., Sean O. Mahoney, John C.
Plant and Ulrich R. Schmidt). These replacement rights will expire
on the date immediately prior to the date of the 2018 annual
meeting of shareholders, or such earlier time as the Elliott
Parties' net long percentage ownership of the Common Stock drops
below specified thresholds.

The Settlement Agreement provides that at the Annual Meeting, the
Reporting Persons will vote all shares of Common Stock that it or
certain of its affiliates have the right to vote, as of the record
date, in favor of the election of directors nominated by the
Reporting Persons and by the Issuer and in accordance with the
recommendations of the Board on the other proposals in the Issuer's
definitive proxy statement dated March 13, 2017.

As of the close of business on May 22, 2017, none of the nominees,
other than Mr. Ayers directly owns any securities of Arconic.  As
of the close of business on May 22, 2017, Mr. Ayers beneficially
owns 100 shares of Common stock, constituting less than 1% of the
shares of Common Stock outstanding.

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

                     https://is.gd/a1Ro5F

                      About Arconic Inc.

New York-based Arconic Inc. (NYSE: ARNC), formerly Alcoa Inc. --
http://www.arconic.com/-- is engaged in lightweight metals
engineering and manufacturing.  Arconic's products, which include
aluminum, titanium, and nickel, are used worldwide in aerospace,
automotive, commercial transportation, packaging, building and
construction, oil and gas, defense, consumer electronics, and
industrial applications.

Arconic reported a net loss attributable to the Company of $941
million for the year ended Dec. 31, 2016, following a net loss
attributable to the Company of $322 million for the year ended Dec.
31, 2015.

As of June 30, 2017, Arconic had $19.10 billion in total assets,
$13.35 billion in total liabilities and $5.75 billion in total
equity.


ASAD QUMAR: $550K Sale of Reunion Property to Estevezes Okayed
--------------------------------------------------------------
Judge Jerry A. Funk of the U.S. Bankruptcy Court for the Middle
District of Florida authorized Asad U. Qamar and Humeraa Qamar to
sell the real property located at 1245 Radiant St., Reunion,
Florida, legally described as Reunion Phase 1, Parcel 1, Unit 1, PB
14, PGS 15-23, Lot 157, Parcel Identification Number:
34252729790001F030, to Antonio and Maria Estevez for $550,000.

A hearing on the Motion was held on Sept. 25, 2017 at 11:30 a.m.

The sale will be free and clear of all liens, claims and
encumbrances, with all liens, claims and encumbrances to attach to
the proceeds of the sale.

At the Closing of the sale, the Debtors are authorized to pay a
real estate broker's commission from the sale proceeds of 6% of the
gross sales price from the proceeds of sale.

The Debtors are authorized to enter into a purchase money note and
mortgage with the Buyers in the amount of $255,000, with 6%
interest-only monthly payments for a 12-month period, at which time
the balloon payment will be made.

The 14-day stay imposed by FRBP 4001 is waived.

                        About the Qamars

Asad U. Qamar and Humeraa Qamar sought Chapter 11 protection
(Bankr. M.D. Fla. Case No. 16-01490) on April 20, 2016.  The
Debtors estimated assets and liabilities in the range of $10
million to $50 million.  The Debtors tapped Aaron A Wernick, Esq.,
at Furr & Cohen, PA, as counsel.


ASCENA RETAIL: S&P Cuts CCR to B+ on Weak Performance Expectations
------------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on the
Mahwah, N.J.-based specialty retailer Ascena Retail Group Inc. to
'B+' from 'BB-'. The outlook is negative.

S&P said, "At the same time, we lowered the issue-level rating on
the company's senior secured term loan facility to 'BB-' from 'BB'.
The '2' recovery rating is unchanged and indicates our expectation
for substantial recovery (70%- 90%; rounded estimate: 70%) of
principal in the event of a payment default or bankruptcy.

"The downgrade reflects our belief that the operating environment
for specialty retail apparel will remain very challenged and that
Ascena's various brands will stay weak as a result. We think the
continued decline in customer traffic and comparable-store sales at
Ascena is endemic of structural changes occurring in the specialty
apparel industry, characterized by lower sales and earnings at many
traditional brick and mortar retailers. In addition, we think the
company will become more reliant on product promotions to drive
customer traffic, leading to lower EBITDA margins.

"Our negative outlook reflects an at least one-in-three chance we
could lower the corporate credit rating in the next 12 months. We
believe negative customer traffic trends and the highly promotional
operating environment will persist, pressuring sales and margins.

"We could lower the rating if the company underperforms our
base-case forecast such that credit measures do not modestly
improve in the coming year. We could lower the ratings if, for
instance, FFO to debt approaches the mid-teens range. This could
occur if comparable-store sales decline at a mid-single-digit rate
or worse while an increase in promotional activity results in a
margin decline of more than 100 basis points or more versus our
projections, absent meaningful debt repayment. We could also lower
the ratings if the weakening in operating performance accelerates
such that our opinion of the competitive position further erodes.

"We could revise the outlook back to stable if the company's
operating metrics stabilize or customer resonance in one or more
store brands increases, leading to improved comparable-store sales
and better average selling prices. We expect such a scenario would
result in flat to positive sales growth and stabilized adjusted
EBITDA margins, resulting in FFO to debt about 20% or more and our
belief that the company can maintain that metric."


AUTHENTIC GELATO: Wants to Use Regions Bank Cash Collateral
-----------------------------------------------------------
Authentic Gelato, LLC, and its debtor-affiliates seek authorization
from the U.S. Bankruptcy Court for the Northern District of Texas
to use cash collateral.

The budget provides total expenses in the aggregate amount of
$750,287 covering the week ending Sept. 9 through Nov. 12, 2017.

As of the Petition Date, the Debtors have outstanding secured debt
obligations in the approximate amount of $3,211,121, consisting of
the Small Business Administration loans with Regions Bank.

The Debtors believe that Regions Bank claims an interest in various
types of the Debtors' property that would constitute cash
collateral, including revenue derived from the operation of the
Debtors' business and the proceeds of receivables, inventory, and
other collateral.  Regions Bank consents to the use of cash
collateral on an interim basis.

Regions Bank asserts a perfected security interest in cash
collateral, among other assets of the Debtors.  Accordingly, to the
extent of any diminution in the value of Regions Bank's interest in
the cash collateral, the Debtors propose to provide Regions Bank
with:

   (a) replacement liens and security interest in all collateral
acquired by the Debtors after the Petition Date, in the same
nature, extent, priority, and validity that Regions Bank liens had
on the Petition Date; and

   (b) a superpriority administrative expense claim as permitted
under Section 507(b), to the extent such replacement liens are
insufficient to provide adequate protection against any diminution
in the value of Regions Bank's interest in any collateral resulting
from the use of cash collateral.

A full-text copy of the Debtor's Motion, dated Sept. 19, 2017, is
available at https://is.gd/oleQWE

A copy of the Debtor's Budget is available at https://is.gd/qEYi8q

                     About Authentic Gelato

Founded by Ugo Ginatta and his wife and son in 1999, Paciugo
Holdings, LLC, manufactures authentic Italian gelato for sale
through company-owned and franchise store locations and direct
distributorships.  Operations are generally encompassed within
four operating entities: Paciugo Supply, Paciugo Franchising,
Paciugo Properties, and Authentic Gelato.

Paciugo Supply carries out the manufacturing aspect of the
business, producing gelato and other Paciugo products and
ingredients for Paciugo system stores and third party customers.
Authentic Gelato owns and operates three company-owned stores in
Dallas and Houston and one kiosk in Houston.  Paciugo Franchising
is the franchising arm of the business, and Paciugo Properties owns
all of the Company's intellectual property, including trademarks
and formulas, which it licenses to Paciugo Supply, Paciugo
Franchising, and Authentic Gelato.  A fifth entity, Ginatta RE,
owns the headquarters and manufacturing facility in Dallas, Texas.

Facing increased financial pressure after the construction in
2014-15 of a larger manufacturing facility in Dallas, Texas, on
Sept. 19, 2017, Authentic Gelato, LLC, Paciugo Holdings, LLC, Ad
Astra Holdings, LP, Paciugo Management, LLC, Paciugo Supply Co, LP,
Paciugo Franchising, LP, Paciugo Properties, LP, Ginatta RE, LLC
each filed a voluntary petition for relief under chapter 11 of the
Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 17-33532).

The Debtors continue to manage and operate their businesses as a
debtors-in-possession pursuant to 11 Sec. 1107 and 1108.

Authentic Gelato has estimated assets and debts of $1 million to
$10 million.

Keith Miles Aurzada, Esq., and Michael P. Cooley, Esq., of Bryan
Cave LLP, serve as the Debtors' bankruptcy counsel.


AZURE MIDSTREAM: S&P Lowers CCR to 'CCC', Outlook Negative
----------------------------------------------------------
S&P Global Ratings lowered its long-term corporate credit rating on
Texas-based Azure Midstream Energy LLC to 'CCC' from 'CCC+'. The
outlook is negative.

S&P said, "At the same time, S&P Global Ratings lowered its
issue-level rating on the company's senior secured term loan to
'CCC' from 'CCC+'. The '3' recovery rating, which is unchanged,
reflects our expectations for meaningful (50%-70%; rounded estimate
65%) recovery in a default scenario.

"The downgrade reflects our view that Azure's risk of default in
the next 12-14 months has become more pronounced.

"The higher default risk stems from continued low throughput
volumes in Azure's operating acreage and the weakening credit
profile of Exco Resources Inc., one of the company's two main
revenue counterparties. Furthermore, given Azure's weakening credit
metrics, we believe the company could have a difficult time
refinancing its term loan B in 2018.

"The negative outlook reflects the possibility that, within six
months, Azure could  restructure its term loan B or may not be able
to meet its covenant on its revolver. The revenues could come under
further pressure after Exco's likely default and continued low
drilling activity in the region.

"We could lower the ratings if we expect the company will default
on its covenant or a restructuring of its debt is imminent. This
could occur if Exco defaults, coupled with a sharp slowdown in
revenues from a further slowdown of drilling activities, and if
Azure's chance of its debt refinancing fully dissipates.

"We could revise the outlook to stable if we believe that the risk
of default in the next 12-14 months has subsided. This could mainly
happen if Azure has a concrete plan or firm commitment to refinance
its term loan. In addition, we would expect the company's revenues
to pick up, resulting in improved liquidity such that the risk of
covenant default falls considerably, before considering an outlook
revision to stable."


B.P. THOMPSON: Tucson Property to be Auctioned off on Oct. 30
-------------------------------------------------------------
The property at 7393 South Messala Court, Tucson, Arizona 85746,
will be sold at public auction to highest bidder for cash,
cashier's check/cash equivalent at the East entrance to the
Superior Court Building, 110 W. Congress, in Tucson, on October 30,
2017, at 11:30 a.m.

The property is owned by:

     B.P. Thompson Second Limited Partnership
     Bridge Investments, L.P.
     7393 South Messala Court
     Tucson, AZ 85746

Proceeds of the sale will be used to pay off debt in the original
principal balance of $8,000,000 owed to:

     Wiz Long Term Investments, LLC
     6101 Southwest Fwy, Suite 400
     Houston, TX 77057

The sale will be conducted by the Trustee:

     First American Title Insurance Company
     4795 Regent Blvd
     Mail Code 1011-F
     Irving, TX 75063

If the sale is set aside for any reason, the Purchaser at the sale
shall be entitled only to a return of the deposit paid. The
Purchaser shall have no further recourse against the Mortgagor, the
Mortgagee or the Mortgagee's attorney.


BANYON 1030-32: Ch. 7 Trustee Sues Harden for Alleged Negligence
----------------------------------------------------------------
Carolina Bolado, writing for Bankruptcy Law360, reports that Robert
C. Furr, the Chapter 7 trustee for Banyon 1030-32 LLC, filed a
lawsuit against Harden & Associates, claiming the insurance
broker's negligence led the fund's insurers to deny coverage after
the scheme collapsed.

Harden was hired by the investment fund in 2009 to obtain $70
million in commercial crime insurance meant to protect the fund's
money from theft by jailed attorney Scott Rothstein, Law360
relates, citing Mr. Furr.

                    About Banyon 1030-32 LLC

Banyon 1030-32, LLC, which was the largest lender to Scott
Rothstein's $1.2 billion Ponzi scheme, sought bankruptcy (Bankr.
S.D. Fla. Case No. 10-33691) in November 2011.  Robert Furr was
named Chapter 7 trustee.

Banyon was formed in 2007 by George and Gayla Sue Levin for the
purpose of investing in Rothstein's confidential settlement scheme
and sunk more than $971 million into the scam before it collapsed
in October 2009.

Scott Rothstein, co-founder of law firm Rothstein Rosenfeldt Adler
PA -- http://www.rra-law.com/-- was suspected of running a $1.2
billion Ponzi scheme.  U.S. authorities claimed in a civil
forfeiture lawsuit filed Nov. 9, 2009, that Mr. Rothstein, the
firm's former chief executive officer, sold investments in
non-existent legal settlements.  Mr. Rothstein pleaded guilty to
five counts of conspiracy and wire fraud on Jan. 27, 2010.

Creditors of Rothstein Rosenfeldt Adler signed a petition sending
the Florida law firm to bankruptcy (Bankr. S.D. Fla. Case No.
09-34791).  The petitioners include Bonnie Barnett, who says she
lost $500,000 in legal settlement investments; Aran Development,
Inc., which said it lost $345,000 in investments; and trade
creditor Universal Legal, identified as a recruitment firm, which
said it is owed $7,800.  The creditors alleged being owed money
invested in lawsuit settlements.

Herbert M. Stettin, the state-court appointed receiver for
Rothstein Rosenfeldt, was officially carried over as the Chapter 11
trustee in the involuntary bankruptcy case.

Mr. Rothstein pled guilty to the scheme in January 2010 and was
sentenced to 50 years in prison.

In September 2011, Banyon paid at least $10 million to exit a suit
brought by RRA's bankruptcy trustee, who had originally sought $830
million from the company.


BCTC PARTNERS: Phoenix Property to Be Auctioned Off Oct. 13
-----------------------------------------------------------
BCTC Partners, LLC's real property located at 18008 North Black
Canyon Highway, Phoenix, AZ 85053, will be sold at a public auction
to the highest bidder on Oct. 13, 2017, at 1:00 p.m.

The property is also known as Lot 1, Black Canyon Tech Center.

The auction will be conducted at the offices of Ballard Spahr LLP,
located at 1 East Washington Street, Suite 2300, Phoenix, Arizona
85004-2555.

Proceeds of the sale will be used to pay off debt in the original
principal balance of $10,900,000.

The real property will be sold, pursuant to the power of sale under
a Deed of Trust, Assignment of Leases and Rents, Security Agreement
and Fixture Filing, made as of March 19, 2007, which was executed
by BCTC Partners, LLC, an Arizona limited liability company, as
Borrower, to Chicago Title Insurance Company, as Trustee,
originally for the benefit of Countrywide Commercial Real Estate
Finance, Inc., a California corporation, the Original Lender.

Countrywide's Interest in the deal was later assigned to LaSalle
Bank National Association, as trustee for the registered holders of
ML-CFC Commercial Mortgage Trust 2007-7, Commercial Mortgage
Pass-Through Certificates, Series 2007-7, pursuant to an Assignment
of Deed of Trust, Assignment of Leases and Rents, Security
Agreement and Fixture Filing and Assignment of Assignment of Leases
and Rents, entered into as of June 13, 2007.  The stake was
ultimately assigned to U.S. Bank National, as trustee for the
registered holders of ML-CFC Commercial Mortgage Trust 2007-7,
Commercial Mortgage Pass-Through Certificates, Series 2007-7,
pursuant to an Assignment of Deed of Trust, Assignment of Leases
and Rents, Security Agreement and Fixture Filing and Assignment of
Assignment of Leases and Rents, made and entered into as of June
30, 2008.

BCTC Partners may be reached at:

     BCTC Partners, LLC
     5731 West Dublin Lane
     Chandler, AZ 85226-1854

The Beneficiary may be reached at:

     U.S. BANK NATIONAL ASSOCIATION
        as trustee, for the registered holders of
        ML-CFC Commercial Mortgage Trust 2007-7
        Commercial Mortgage Pass-Through
        Certificates, Series 2007-7
     c/o LNR Partners, LLC
     1601 Washington Avenue, Suite 700
     Miami Beach, FL 33139

The Trustee who will conduct the sale may be reached at:

     Jeffrey S. Pitcher, Esq.
     BALLARD SPAHR LLP
     1 East Washington Street, Suite 2300
     Phoenix, AZ 85004-2555


BETHEL HEALTHCARE: Oak Point Buying Remnant Assets for $3K
----------------------------------------------------------
Bethel Healthcare, Inc., and Corinthian Sub-Acute & Rehabilitation
Center, Inc., ask the U.S. Bankruptcy Court for the Central
District of California to authorize the sale of remnant assets
consisting of known and unknown assets, rights to payment, or
claims, which have not been previously sold, assigned, or
transferred to Oak Point Partners, Inc. for $3,000.

A hearing on the Motion is set for Oct. 17, 2017 at 10:00 a.m.
Objections, if any, must be filed no later than 14 days prior to
the hearing.

The Debtors have determined that the cost of pursuing the Remnant
Assets will likely exceed the benefit that the Estates would
possibly receive on account of the Remnant Assets.

The Debtors and Oak Point have the Purchase Agreement for the sale
of the Remnant Assets for an aggregate purchase price of $3,000
free and clear of liens, claims, interests, and encumbrances.  In
accordance with the Purchase Agreement, the Remnant Assets do not
include (i) cash held by the Debtors for distribution to creditors
and professionals; and (ii) the Purchase Price for the Remnant
Assets.  Oak Point will pay the Purchase Price for the Remnant
Assets, due within three business days after the Court enters an
order approving the Motion.  The sale is subject to the Court's
approval and no other contingencies.  

The Debtors will not have to pay any commissions, fees, or other
costs of sale, except for the cost of filing and serving the
Motion.  They do not anticipate that the sale will create any tax
consequences for them.

In the Debtors' business judgment, the Purchase Price represents a
fair and reasonable sales price for the Remnant Assets, and
represents the highest and best offer for the sale of the Remnant
Assets.  Additionally, the benefit of receiving immediate payment
for the Remnant Assets, which are largely unknown, outweighs the
potential benefits of retaining the Remnant Assets.

The Debtors ask a waiver of the 14-day stay on the effectiveness of
the sale order imposed by Federal Rule of Bankruptcy Procedure
6004(h) so that the sale can close immediately.

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

    http://bankrupt.com/misc/Bethel_Healthcare_715_Sales.pdf

The Purchaser:

          Eric Linn, President
          OAK POINT PARTNERS, INC.
          215 Old Orchard Rd., Suite 965
          Skokie, IL 60077
          Telephone: (847) 577-1269
          Facsimile: (847) 655-2746

                    About Bethel Healthcare

About Bethel Healthcare, Inc., doing business as West Valley
Convalescent Hospital, and Sub-Acute & Rehabilitation Center, Inc.,
simultaneously filed their Chapter 11 petitions (Bankr. C.D. Cal.
Case Nos. 13-12220 and 13-12221, respectively) on April 1, 2013.
Bethel's and Corinthian's bankruptcy cases are jointly administered
only and are not substantively consolidated.

The Debtors each estimated assets and liabilities in the range of
$1,000,001 to $10,000,000.

The petitions were signed by Richard Brenner, chief financial
officer.

Judge Alan M. Ahart is assigned to the cases.  

The Debtors tapped Hamid R. Rafatjoo, Esq., at Venable LLP, as
counsel.


BLACKRIDGE TECHNOLOGY: Forms 'BlackRidge Secure Blockchain' Unit
----------------------------------------------------------------
BlackRidge Technology International, Inc., has formed a new
business subsidiary called BlackRidge Secure Blockchain to pursue
new market opportunities for securing blockchain applications.

The BlackRidge Secure Blockchain subsidiary intends to develop and
market a next generation security solution for blockchains to
address vulnerabilities that are being exploited.  A provisioned
blockchain for commercial and cryptocurrency markets can be
attacked and compromised, not unlike the recent website hacks that
resulted in customer records being stolen.

BlackRidge's patented First Packet Authentication technology can
cloak and protect communications between clients/miners,
eliminating exposure of transactions and blocks to network attacks,
and similarly protect communications between miners to reduce the
time to achieve consensus.  A user of a provisioned blockchain
protected by BlackRidge will know that the blocks on the chain are
immutable and that the communication paths between the
participating nodes are secure.

"Given the increasing number of blockchain breaches in the past
year, an additional layer of network protection is needed for
provisioned blockchains," said John Hayes, CTO and co-founder of
BlackRidge Technology.  "Our identity-based cyber defense
technology can protect blockchain communications and nodes from
network scanning, spoofing attacks, and distributed denial of
service attacks."

                   About BlackRidge Technology

BlackRidge Technology (OTCQB: BRTI) -- http://www.blackridge.us/--
provides next generation cyber defense solutions that stop
cyber-attacks and block unauthenticated access.  BlackRidge's
patented First Packet Authentication technology was developed for
the military to cloak and protect servers and segment networks.
BlackRidge Transport Access Control authenticates user and device
identity and enforces security policy on the first packet of
network sessions.  This new level of real-time protection blocks or
redirects unidentified and unauthorized traffic to stop attacks and
unauthorized access, isolates systems and segments networks, and
provides identity attribution.  BlackRidge was founded in 2010 to
commercialize its military grade and patented network security
technology.

On Sept. 6, 2016, Grote Molen, Inc., entered into an agreement and
plan of reorganization with BlackRidge Technology International,
Inc., a Delaware corporation, and Grote Merger Co., a Delaware
corporation providing for the Company's acquisition of BlackRidge
in exchange for a controlling number of shares of the Company's
preferred and common stock pursuant to the merger of Grote Merger
Co. with and into BlackRidge, with BlackRidge continuing as the
surviving corporation.  The transaction contemplated in the
agreement closed on Feb. 22, 2017.

On July 2, 2017, the Company filed a Certificate to Accompany
Restated Articles or Amended and Restated Articles with the
Secretary of State of Nevada to, among other things, change the
Company's name to BlackRidge Technology International, Inc.

Grote Molen reported a net loss of $259,447 for the year ended Dec.
31, 2016, compared to a net loss of $52,120 for the year ended Dec.
31, 2015.

As of June 30, 2017, BlackRidge had $7.83 million in total assets
against $22.59 million in total liabilities and a $14.75 million
total stockholders' deficit.

Pritchett, Siler & Hardy, P.C., in Farmington, Utah, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2016, noting that Grote
Molen, Inc. has incurred losses and negative cash flows from
operations.  These factors raise substantial doubt about the
ability of the Company to continue as a going concern.

"Based on our current business plan, we anticipate that our
operating activities will use approximately $175,000 in cash per
month over the next twelve months, or $2.1 million.  Currently we
do not have enough cash on hand to fully implement our business
plan, and will require additional funds within the next year.  We
believe that our operations will not begin to generate significant
cash flows until the fourth quarter of 2017.  "In order to remedy
this liquidity deficiency, we are actively seeking to raise
additional funds through the sale of equity and debt securities,
and ultimately plan to generate substantial positive operating cash
flows.  Our internal sources of funds will consist of cash flows
from operations, but not until we begin to realize substantial
revenues from sales.  If we are unable to raise additional funds in
the near term, we may not be able to fully implement our business
plan, and it is unlikely that we will be able to continue as a
going concern," said the Company in its quarterly report for the
period ended June 30, 2017.


BMW PARTNERSHIP: Plan Outline Okayed, Plan Hearing on Oct. 31
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Alabama is
set to hold a hearing on October 31 to consider approval of the
liquidating plan proposed by BMW Partnership LLP's Chapter 11
trustee.

The hearing will be held at 9:30 a.m., at Courtroom 1 of the U.S.
Bankruptcy Courthouse.

The court had earlier approved the disclosure statement, allowing
the trustee to start soliciting votes from creditors.  

The order, signed by Judge Jerry Oldshue Jr. on September 19, set
an October 24 deadline for creditors to file their objections and
cast their votes accepting or rejecting the plan.

Under the Chapter 11 Trustee's amended plan of liquidation, dated
Sept. 15, 2017, the Trustee will abandon his interests in the
properties that are subject to a first mortgage in favor of Wells
Fargo Bank. The Trustee will assign his interest in the Sherie Frei
loan to Federated Mutual Insurance Company, holder of an
unavoidable judgment lien, in addition to payment of $15,000 to
Federated, which will have no unsecured claim.

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

    http://bankrupt.com/misc/alsb12-02056-892.pdf

                      About BMW Partnership

Three creditors filed an involuntary petition against BMW
Partnership, LLP for relief under Chapter 7 of the Bankruptcy Code
on June 13, 2012, in the U.S. Bankruptcy Court for the Southern
District of Alabama.  An order for relief was entered by consent.

The case was converted to Chapter 11 (Bankr. S.D. Ala. Case No.
12-02056).  Judge Jerry Oldshue, Jr. presides over the case.

D. Parker Sweet was appointed as Chapter 11 trustee.  Silver, Voit
& Thompson represents the trustee as bankruptcy counsel.


BOD ENTERPRISES: Allowed to Use BOC Cash Collateral Until Oct. 5
----------------------------------------------------------------
The Hon. Dana L. Rasure of the U.S. Bankruptcy Court for the North
District of Oklahoma signed an interim order authorizing BOD
Enterprises, LLC, to use cash collateral.

The Debtor is allowed to use cash to pay those actual and necessary
ordinary operating expenses in amounts consistent with the Budget
and in accordance to the terms of the Interim Order.  The Budget
for the interim use of cash collateral, for the period from Sept. 6
through Oct 5, 2017, provides total expenses of $11,132.

A hearing to consider approval of a Final Cash Collateral Order
will be held on October 3, 2017 at 1:30 p.m.

Bank of Commerce, from time to time has advanced loans to the
Debtor under various notes, security agreements, mortgages,
assignments of rents and other such agreements. Bank of Commerce
contends that it holds properly perfected first priority liens and
security interests in the Debtor's real estate located at 280 West
Rogers, Skiatook, OK and 1296 West Rogers Boulevard, Skiatook, OK.
Bank of Commerce also has an Assignment of rents regarding the
Property.

Bank of Commerce consents to the interim use of cash collateral
subject to its asserted interest in the amount of $11,132 without
prejudice to its rights, and subject to a determination of adequate
protection therefor in the Final Order.

A full-text copy of the Interim Order, dated September 19, 2017, is
available at https://is.gd/8WwXcl

Bank of Commerce is represented by:

          Gary M. McDonald, Esq.
          John J. Carwile, Esq.
          McDONALD, McCANN, METCALF & CARWILE, LLP
          15 East 5th Street
          Tulsa, Oklahoma 74103
          Telephone: (918) 430-3700
          Facsimile: (918) 430-3770

                     About BOD Enterprises

BOD Enterprises, LLC, is a small business debtor as defined in 11
U.S.C. Section 101(51D) categorized under the automotive repair and
maintenance industry.  It is an affiliate of Bodley Investments,
LLC, which sought bankruptcy protection (Bankr. N.D. Okla. Case No.
17-11722) on Aug. 28, 2017.

BOD Enterprises, LLC, based in Skiatook, Oklahoma, filed a Chapter
11 petition (Bankr. N.D. Okla. Case No. 17-11777) on Sept. 6, 2017,
disclosing $1.91 million in assets and $2.48 million in
liabilities.  The petition was signed by Scott Bodley,
member/manager.

The Hon. Terrence L. Michael presides over the case.  

Karen Carden Walsh, Esq., at Riggs Abney Neal Turpen Orbison &
Lewis, serves as bankruptcy counsel.


BODLEY INVESTMENTS: Can Use BOC Cash for September 2017 Expenses
----------------------------------------------------------------
The Hon. Dana L. Rasure of the U.S. Bankruptcy Court for the North
District of Oklahoma signed an interim order authorizing Bodley
Investments, LLC, to use cash collateral.

The Debtor is allowed to use cash to pay those actual and necessary
ordinary operating expenses in amounts consistent with the Budget
and in accordance to the terms of the Interim Order.  The Budget
for the interim use of cash collateral, for the month of September
2017, provides total expenses of $1,734.

A hearing to consider approval of a final cash collateral order
will be held on Oct. 3, 2017 at 1:30 p.m.

Bank of Commerce, from time to time, has advanced loans to the
Debtor under various notes, security agreements, mortgages,
assignments of rents and other such agreements.  Bank of Commerce
contends that it holds properly perfected first priority liens and
security interests in the Debtor's real estate located at 225 E.
Rogers Boulevard, Skiatook, Oklahoma.  Bank of Commerce also has an
assignment of rents regarding the Property.

Bank of Commerce consents to the interim use of cash collateral
subject to its asserted interest in the amount of $1,734 without
prejudice to its rights, and subject to a determination of adequate
protection therefor in the final order.

Bodley Insurance Services, LLC, and Bulldog Nutrition will pay
their respective rent in the sum of $1,000 and $500, respectively,
for the month of September 2017.

A full-text copy of the Interim Order, dated Sept. 19, 2017, is
available at https://is.gd/0AFEbG

Bank of Commerce is represented by:

          Gary M. McDonald, Esq.
          John J. Carwile, Esq.
          McDONALD, McCANN, METCALF & CARWILE, LLP
          15 East 5th Street
          Tulsa, Oklahoma 74103
          Telephone: (918) 430-3700
          Facsimile: (918) 430-3770

                      About Bodley Group

Bodley Group, LLC, is a venture capital firm specializing direct
and fund of funds investments.  Based in Skiatook, Oklahoma,
Boodley filed a Chapter 11 Petition (Bankr. N.D. Okla. Case No.
17-11722) on Aug. 28, 2017.  The petition was signed by Scott
Bodley, its member/manager.  The Debtor estimated $1 million to $10
million in assets and liabilities.  The Hon. Dana L. Rasure
presides over the case.  The Debtor is represented by Karen Carden
Walsh at Riggs, Abney, Neal, Turpen, Orbison & Lewis are counsel.


CBAK ENERGY: Five Directors Elected at Annual Meeting
-----------------------------------------------------
China BAK Battery, Inc., now known as Cbak Energy Technology, Inc.,
held its 2017 annual meeting of stockholders on Sept. 22, 2017, at
which the stockholders:

   (a) elected Yunfei Li, Simon J. Xue, Martha C. Agee, Jianjun He
and Guosheng Wang to the Board of Directors of the Company to serve
until the 2018 annual meeting of stockholders;

   (b) ratified the selection of Centurion ZD CPA Limited as the
Company's independent registered accounting firm for the fiscal
year ending Dec. 31, 2017;

   (c) approved the compensation of the Company's Named Executive
Officers as disclosed in the proxy statement for the Annual
Meeting; and

   (d) approved, on an advisory years "Every Three Years" as the
frequency of future advisory votes on executive compensation.

Consistent with the recommendation of the Board of Directors and
the vote of stockholders, the Company will continue to hold future
advisory votes on named executive compensation every three years.

                      About CBAK Energy

Dalian, China-based CBAK Energy Technology, Inc., formerly China
BAK Battery,  Inc., incorporated on Oct. 4, 1999, is a holding
company.  The Company and its subsidiaries are principally engaged
in the manufacture, commercialization and distribution of a range
of standard and customized lithium ion (Li-ion) rechargeable
batteries for use in an array of applications.  The Company's
products are sold to packing plants operated by third parties
primarily for use in mobile phones and other electronic devices.
The Company conducts its manufacturing activities in China.

China Bank is the first China-based lithium battery company listed
in the U.S., in January 2005 (NASDAQ: CBAK).

The Company's subsidiaries include China BAK Asia Holdings Limited
(BAK Asia), Dalian BAK Trading Co., Ltd. (Dalian BAK Trading), and
Dalian BAK Power Battery Co., Ltd. (Dalian BAK Power).  Dalian BAK
Trading focuses on the wholesale of lithium batteries and lithium
batteries' materials, import and export business, and related
technology consulting services.  Dalian BAK Power focuses on the
development and manufacture of high-power lithium batteries.

China BAK reported a net loss of US$12.65 million for the year
ended Sept. 30, 2016, following net profit of $15.87 million for
the year ended Sept. 30, 2015.  

The Company's balance sheet at June 30, 2017, showed US$103.97
million in total assets, US$86.68 million in total liabilities and
US$17.29 million in total shareholders' equity.

Centurion ZD CPA Limited, in Hong Kong, China, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Sept. 30, 2016, stating that the Company has a
working capital deficiency, accumulated deficit from recurring net
losses and significant short-term debt obligations maturing in less
than one year as of Sept. 30, 2016.  All these factors raise
substantial doubt about its ability to continue as a going concern,
according to Centurion.


CIRCLE Z: Plan Confirmation Hearing Set for Nov. 8
--------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Texas is set
to hold a hearing on November 8 to consider approval of the Chapter
11 plan of reorganization for Circle Z Pressure Pumping, LLC,
following the approval of the disclosure statement.

The hearing will be held at 10:00 a.m., Bankruptcy Court, 9th
Floor, Tyler Division, 110 North College Avenue, Tyler, Texas.
Objections are due by November 1.

A full-text copy of the latest disclosure statement filed on
September 19 is available for free at https://is.gd/DbBmnJ

                About Circle Z Pressure Pumping

Circle Z Pressure Pumping, LLC, filed a Chapter 11 petition (Bankr.
E.D. Tex. Case No. 16-60633) on Oct. 11, 2016.  The petition was
signed by David Powell, member.  The Debtor is represented by
Michael E. Gazette, Esq., at the Law Offices of Michael E. Gazette.
  The Debtor estimated assets and debt of $10 million to $50
million at the time of the filing.

The Debtor was originally formed in Texas in 2009.  Its corporate
headquarters and home office is located in Longview, Panola County,
Texas.  The Debtor's managing member, David Powell, has been with
the Debtor since it was formed.  The Debtor's business is
exclusively in the oil and gas industry rendering services in the
hydraulic fracturing of formations to enhance the recovery of oil
and gas.

On August 7, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


COATES INTERNATIONAL: Obtains $29,350 Financing from APG Capital
----------------------------------------------------------------
Coates International, Ltd., received proceeds of $29,350, net of
financing costs of $3,650, in connection with a Securities Purchase
Agreement and related convertible promissory note, dated Sept. 20,
2017, in the face amount of $33,000 issued to APG Capital Holdings,
LLC, an independent third party accredited investor.  The
Promissory Note matures in September 2018 and provides for interest
at the rate of 10% 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 Registrant
will be freely tradable in reliance on an exemption from
registration under Rule 144 of the U.S. Securities and Exchange
Commission.

The Company also issued a $33,000 back-end convertible promissory
note on the same terms and conditions as the above convertible
promissory note.  This note may be funded in the future upon mutual
agreement of the parties.  This note is collateralized by a $33,000
promissory note issued by the Holder to the Company, dated Sept.
20, 2017.  If funded, the back-end note may be converted at any
time commencing six months after Sept. 20, 2017.

These notes may be prepaid during the six month period beginning
Sept. 20, 2017, by paying a prepayment penalty of 50%.  The Company
has reserved 709,677,000 shares of its unissued common stock for
potential conversion of the convertible note.

The convertible promissory notes are 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 Registrant 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 reported a net loss of $8.35 million on $29,200 of total
revenues for the year ended Dec. 31, 2016, compared to a net loss
of $10.20 million on $94,200 of total revenues for the year ended
Dec. 31, 2015.  As of June 30, 2017, Coates had $2.30 million in
total assets, $7.86 million in total liabilities and a total
stockholders' deficiency of $5.55 million.

MSPC, in Cranford, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, 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 the Company's ability to continue as a
going concern.


COCRYSTAL PHARMA: Proposes $150 Million Securities Offering
-----------------------------------------------------------
Cocrystal Pharma, Inc. filed a Form S-3 registration statement with
the Securities and Exchange Commission relating to the offer to
sell common stock, preferred stock, warrants and units aggregating
not more than $150,000,000.

The Company will provide specific terms of any securities it may
offer in supplements to the prospectus.  The Company also may
authorize one or more free writing prospectuses to be provided to
you in connection with the offering.  The prospectus supplement and
any free writing prospectus also may add, update or change
information contained or incorporated in this prospectus.

Cocrystal may offer and sell these securities to or through one or
more underwriters, dealers or agents, or directly to purchasers on
a continuous or delayed basis.  The prospectus supplement for each
offering of securities will describe the plan of distribution for
that offering.

The Company's common stock is traded on the OTCQB under the symbol
"COCP."  On Sept. 22, 2017, the last reported sales price of the
Company's common stock on the OTCQB was $0.28 per share and its
public float consisted of 293,887,980 shares of common stock.

A full-text copy of the Form S-3 registration statement is
available for free at https://is.gd/AqnUhm

                    About Cocrystal Pharma

Cocrystal Pharma, Inc., formerly known as Biozone Pharmaceuticals,
Inc., is a pharmaceutical company with a mission to discover novel
antiviral therapeutics as treatments for serious and/or chronic
viral diseases.  Cocrystal Pharma employs unique technologies and
Nobel Prize winning expertise to create first- and best-in-class
antiviral drugs.  These technologies and the Company's
market-focused approach to drug discovery are designed to
efficiently deliver small molecule therapeutics that are safe,
effective and convenient to administer.

The report from BDO USA, LLP, in Seattle, Washington, the Company's
independent registered public accounting firm for the year ended
Dec. 31, 2016, included an explanatory paragraph stating that that
the Company has suffered recurring losses from operations and has
an accumulated deficit that raise substantial doubt about its
ability to continue as a going concern.

For the year ended Dec. 31, 2016, the Company recorded a net loss
of approximately $74.9 million, which included an IPR&D write-down
of $92.4 million and used approximately $14.7 million of cash in
operating activities.  For the six months ended June 30, 2017, the
Company recorded a net loss of approximately $3.6 million and used
approximately $3.1 million of cash for operating activities.

The Company's balance sheet as of June 30, 2017, showed $124.3
million in total assets, $22.30 million in total liabilities and
$102.03 million in total stockholders' equity.


COMBIMATRIX CORP: Signs Two-Year Marketing Agreement with Invitae
-----------------------------------------------------------------
CombiMatrix Molecular Diagnostics, Inc., a wholly owned subsidiary
of CombiMatrix Corporation, entered into a Marketing and Laboratory
Services Agreement with Invitae Corporation and its wholly owned
subsidiary Good Start Genetics, Inc.   Pursuant to the terms of the
Marketing Agreement, Invitae will promote and market certain CMDX
diagnostic tests, including miscarriage analysis tests, to
physicians and other healthcare providers in the same channels in
which Invitae markets its own diagnostic tests.  Invitae will also
coordinate logistics, customer service and support for the Tests.

In consideration for the services provided by Invitae under the
Marketing Agreement, CMDX will pay Invitae a $200 fee for each Test
that Invitae markets and which CMDX processes, reports and bills to
a patient, ordering physician or other healthcare provider and/or
third party payer program, subject to all applicable federal, state
and local laws, rules, and regulations, including, without
limitation, the federal Anti-Kickback Statute and similar state
anti-kickback laws and regulations.  CMDX has also agreed to assist
Invitae in promoting and marketing the Tests by providing training
and support and sharing educational materials and scientific
publications.  In addition, CMDX will remain responsible for Test
performance, reporting and billing.

Under the terms of the Marketing Agreement, the parties will
jointly own all data and results from Tests performed as a result
of Invitae's promotional activities, and CMDX will retain ownership
of the Tests and related intellectual property.

The term of the Marketing Agreement commenced on Sept. 25, 2017,
and continues until Dec. 31, 2019, with automatic renewals for
successive 12-month periods.  The Marketing Agreement may be
terminated by either party upon (a) 60 days' notice prior to the
end of the then-current term, (b) a material breach by the other
party (subject to a 60-day cure period, or 10 days with respect to
a breach of such party's payment obligations) and (c) 60 days'
notice after the filing of bankruptcy, reorganization, liquidation
or receivership proceedings by or against the other party.  CMDX
may also terminate the Marketing Agreement upon 30 days' notice if
Invitae enters into an agreement with a third party for, or decides
to internally develop, invasive prenatal diagnostic tests,
pediatric array tests or miscarriage analysis tests.

As previously announced, on July 31, 2017, Invitae, Coronado Merger
Sub, Inc., a wholly owned subsidiary of Invitae ("Merger Sub"), and
CombiMatrix entered into an Agreement and Plan of Merger and
Reorganization, pursuant to which, among other things, subject to
the satisfaction or waiver of the conditions set forth in the
Merger Agreement, Invitae will acquire 100% of the equity of
CombiMatrix.  Pursuant to the Merger Agreement, Merger Sub will
merge with and into CombiMatrix, with CombiMatrix becoming a wholly
owned subsidiary of Invitae and the surviving corporation in the
merger.  As a precondition to the closing of the Merger, Invitae
intends to conduct an offer to exchange each outstanding Series F
warrant (CUSIP No. 20009T147) to acquire one share of common stock
of CombiMatrix for 0.3056 of a share of common stock, par value
$0.0001 per share, of Invitae.

A full-text copy of the Marketing Agreement is available at:

                     https://is.gd/st4Ofs

                 About CombiMatrix Corporation

CombiMatrix Corporation -- http://www.combimatrix.com/-- provides
molecular diagnostic solutions and comprehensive clinical support
to foster the highest quality in patient care.  CombiMatrix
specializes in pre-implantation genetic diagnostics and screening,
prenatal diagnosis, miscarriage analysis and pediatric
developmental disorders, offering DNA-based testing for the
detection of genetic abnormalities beyond what can be identified
through traditional methodologies.  The Company's testing focuses
on advanced technologies, including single nucleotide polymorphism
chromosomal microarray analysis, next-generation sequencing,
fluorescent in situ hybridization and high resolution karyotyping.

CombiMatrix reported a net loss attributable to common stockholders
of $5.78 million for the year ended Dec. 31, 2016, a net loss
attributable to common stockholders of $7.65 million for the year
ended Dec. 31, 2015, and a net loss attributable to common
stockholders of $8.70 million for the year ended Dec. 31, 2014.
For the six months ended June 30, 2017, the Company recognized a
net loss of $888,000.

As of June 30, 2017, CombiMatrix had $8.11 million in total assets,
$2.16 million in total liabilities, and $5.95 million in total
stockholders' equity.

"We have a history of incurring net losses and net operating cash
flow deficits.  We are also deploying new technologies and continue
to develop new and improve existing commercial diagnostic testing
services and related technologies.  As a result, these conditions
raise substantial doubt regarding our ability to continue as a
going concern beyond twelve months from the date of this filing.
However, as of June 30, 2017, we had cash, cash equivalents and
short-term investments of $3.0 million.  Also, the combination of
continued revenue and cash reimbursement growth we have experienced
over the past several quarters, coupled with improved gross margins
and cost containment of expenses leads management to believe that
it is probable that our cash resources will be sufficient to meet
our cash requirements for current operations through and beyond the
fourth quarter of 2017, when we anticipate achieving cash flow
break-even status.  If necessary, management also believes that it
is probable that external sources of debt and/or equity financing
could be obtained based on management's history of being able to
raise capital coupled with current favorable market conditions.  As
a result of both management's plans and current favorable trends in
improving cash flow, we believe the initial conditions which raised
substantial doubt regarding our ability to continue as a going
concern have been alleviated.  Therefore, the accompanying
consolidated financial statements have been prepared assuming that
we will continue as a going concern.  However, there can be no
assurance that our operations will become profitable or that
external sources of financing, including the issuance of debt
and/or equity securities, will be available at times and on terms
acceptable to us, or at all," the Company said in its quarterly
report for the period ended June 30, 2017.


COMPOUNDING DOCS: Disclosure Statement Hearing Set for Oct. 18
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Florida is
set to hold a hearing on October 18 to consider approval of the
disclosure statement, which explains the Chapter 11 plan of
reorganization for Compounding Docs, Inc.

The hearing will be held at 2:00 p.m., at Courtroom B.  Objections
are due by October 11.

                     About Compounding Docs

Compounding Docs, Inc., sought for protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-25312) on Nov.
15, 2016.  The petition was signed by Dr. Charles Robertson,
director.  At the time of the filing, the Debtor estimated less
than $500,000 in assets and $1 million to $10 million in
liabilities.

The case is assigned to Judge Erik P. Kimball.  The Debtor is
represented by Tarek K. Kiem, Esq., at Rappaport Osborne Rappaport
& Kiem, PL.

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

On September 6, 2017, the Debtor filed its disclosure statement and
Chapter 11 plan of reorganization.


CONDO 64: May Use American Eagle's Cash Collateral Through Nov. 22
------------------------------------------------------------------
The Hon. James J. Tancredi of the U.S. Bankruptcy Court for the
District Connecticut has granted Condo 64, LLC, approval to use up
to $98,425 of cash collateral of American Eagle Financial Credit
Union from Sept. 23, 2017, and continuing through Nov. 22, 2017.

A final hearing to consider the Debtor's motion to use cash
collateral will be held on Nov. 9, 2017, at 10:00 a.m.

As adequate protection for the Debtor's use of cash collateral and
for any diminution in the collateral, American Eagle is granted,
nunc pro tunc to the Petition Date:

     a. a continuing postpetition lien and security interest in all
prepetition property of the Debtor as it existed on the Petition
Date, of the same type against which American Eagle held validly
protected liens and security  interests as of the Petition Date;

     b. a continuing postpetition lien in all property acquired by
the Debtor after the Petition date.  The replacement liens will
maintain the same priority, validity and enforceability as American
Eagle's liens on the initial collateral;

     c. payment to American Eagle the sum of $7,500 for the months
of October and November, which payment will satisfy the Debtor's
obligation under Section 362(d)(3)(B) of the Bankruptcy Code during
the cash collateral usage period; and

     d. the Debtor agrees to use best efforts to produce a
commitment letter by Nov. 1, 2017, for refinancing a portion of the
secured debt of American Eagle.  In the event the Debtor has not
produced a commitment letter by Nov. 1, 2017, then the Debtor's
right to use cash collateral (if the Debtor's right has not
terminated prior to such date, and pursuant to further order
authorizing same as may then be in effect) will be automatically
terminated as of 12:59 p.m. on Nov. 1, 2017, and be subject to
further order of the Court, with the Debtor and American Eagle
reserving all rights to seek relief before the Court.  

A copy of the Order is available at:

            http://bankrupt.com/misc/ctb15-21797-240.pdf

                       About Condo 64 LLC

Condo 64, LLC, a single asset real estate under 11 U.S.C. Sec.
101(51B), is the owner of 67 of the 112 condominium units and the
leases and rents in connection therewith at the location known as
505-509 Burnside Avenue, East Hartford, Connecticut.

Condo 64 filed a Chapter 11 petition (Bankr. D. Conn. Case No.
15-21797) on Oct. 16, 2015.  The petition was signed by Oliver C.
Pinkard, managing member.  The Debtor disclosed total assets at
$4.6 million and total liabilities at $3.1 million at the time of
the filing.

The case is assigned to Judge Ann M. Nevins.

The Debtor engaged Kaitlin M. Humble, Esq., and Craig I. Lifland,
Esq., at Halloran & Sage LLP, as bankruptcy counsel.  

No trustee, examiner or creditors' committee has been appointed in
the case.


CONNIE HARDWICK: Pescatore Buying Gresham Property for $137K
------------------------------------------------------------
Connie Lynette Hardwick and Double J Farms, LLC, filed with the
U.S. Bankruptcy Court for the District of South Carolina a notice
of Double J's private sale of its 118 Acres, TMSs #150000011000 and
150000016000, Gresham, Marion County, South Carolina to Lori A.
Pescatore for $137,000.

A hearing on the Motion is set for Oct. 26, 2017 at 11:00 a.m.
Objections, if any, must be filed no later than 21 days from
service of the Motion.

There is no appraisal provided but based on realtor's opinion that
this is a fair price for the Property.  

Arborone, ACA asserts a first lien position on the property.  It is
currently owed approximately $1.5 million.  The lien will be
partially satisfied through this sale.  The net proceeds from the
sale will go to Arborone to repay the outstanding obligation.

The Property will be sold to the Buyer free and clear of all liens
and encumbrances.  The sale will be at Thompson & Henry, Catherine
Dingle, 1300 2nd Ave., Conway, South Carolina.  The sale will close
as soon as possible after the Order approving sale is entered.

Sales agent, auctioneer and broker Richard Porter of Burroughs &
Co., LLC, 209 North Lewis St., Tarbor City, North Carolina, and
telephone # (843) 421-4831 will receive a 10% commission for the
sale.  The commission will be split 50/50 between the Seller's
agent and the Buyer's agent.

The Debtors believe that it would be in the best interest of the
estate to sell said property by private sale.  They also believe
that the funds to be recovered for the estate from the sale of said
Property justify its sale and the filing of the Motion.

Connie Lynette Hardwick sought Chapter 11 protection (Bankr. D.
S.C. Case No. 17-01132-jw) on March 7, 2017.  The Debtor tapped
Sean P. Markham, Esq., at Markam Law Firm, LLC, as counsel.


COTT CORP: Moody's Hikes CFR to B1; Outlook Stable
--------------------------------------------------
Moody's Investor Service upgraded Cott Corporation's Corporate
Family rating to B1, Probability of Default rating to B1-PD, and
senior unsecured debt ratings to B2. Moody's also confirmed the Ba2
rating of Cott's senior secured second lien notes due 2021 and
affirmed Cott's SGL-2 Speculative Grade Liquidity rating. This
concludes the rating review initiated on July 25, 2017 following
Cott's announcement that it will sell its traditional beverage
manufacturing business to Refresco Group N.V. (Ba3 Corporate Family
Rating, negative outlook) for $1.25 billion. Individual instruments
ratings could change at close of the transaction depending on final
capital structure, with potential further upward movement for
unsecured ratings if sufficient secured debt is repaid. The ratings
outlook is stable.

RATINGS RATIONALE

Cott's B1 Corporate Family Rating reflects Moody's expectation that
adjusted pro-forma debt/EBITDA will be approximately 4.4x following
the divestiture of its traditional beverage manufacturing business,
modestly lower than pre-divestiture leverage which has been closer
to 5 times pro-forma for acquisitions. While Cott's scale will be
smaller post-divestiture of its $1.7 billion revenue traditional
beverage manufacturing business, the remaining company will have
better potential for revenue growth, an improved margin profile,
less customer concentration and a good liquidity profile. Cott will
retain its' geographic diversity although it will be more
concentrated in the niche businesses of home and office delivery
water, and foodservice coffee and tea.

Moody's has upgraded the following ratings:

Cott Corporation:

Corporate Family Rating to B1 from B2;

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

Senior unsecured rating to B2 (LGD4) from B3 (LGD4).

Cott Holdings, Inc.:

Senior unsecured rating to B2 (LGD4) from B3 (LGD4).

Cott Beverages, Inc.:

Senior unsecured rating to B2 (LGD4) from B3 (LGD4).

Moody's has confirmed the following ratings:

DS Services of America, Inc. (assumed by Cott):

Senior secured 2nd lien debt due 2021 at Ba2 (LGD2).

Moody's has affirmed the following ratings:

Cott Corporation:

Speculative Grade Liquidity rating at SGL-2.

The outlook is stable.

The stable outlook assumes that Cott's leverage as measured by
debt/EBITDA will remain in the low 4.0x range over the next 12-18
months and that Cott will maintain a good liquidity profile and
stronger margin profile following the divestiture of the
traditional beverage manufacturing business. The stable outlook
also assumes that Cott will use the proceeds from the divestiture
to reduce debt and bolster its cash balance.

A ratings upgrade could be considered if Cott gains greater scale
and business diversification. In addition, Cott would need debt to
EBITDA to approach 3.5 times on a sustainable basis, maintain a
good liquidity profile, and demonstrate positive momentum in
revenues and profitability for an upgrade to be considered. A
decline in earnings as a result of volume declines, or margin
contraction, any weakening of Cott's liquidity, or an increase in
leverage such that debt-to-EBITDA exceeds 5.5 times could result in
a ratings downgrade.

The principal methodology used in these ratings was Global Soft
Beverage Industry published in January 2017.

Company Profile

Cott, based in Toronto, Ontario, and Tampa, Florida, is a leading
provider of home office delivery water and coffee services in the
US, Canada and Europe, and has a strong position in food service
coffee and tea roasting and grinding in the US. Following the sale
of the traditional beverage manufacturing business, pro forma
annual sales will total approximately $2.2 billion.


COVENANT PLASTICS: Plan Outline Okayed, Plan Hearing on Nov. 1
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas will
consider approval of the Chapter 11 plan of reorganization for
Covenant Plastics, Inc. at a hearing on November 1.

The court will also consider at the hearing final approval of the
company's disclosure statement, which it conditionally approved on
September 19.

The order set an October 26 deadline for creditors to file their
objections and cast their votes accepting or rejecting the plan.

                   About Covenant Plastics Inc.

Founded in 1995, Covenant Plastics, Inc. is a small organization in
the scrap and waste material companies industry located in Houston,
Texas.  It has seven full-time employees and generates an estimated
$1.2 million in annual revenue.  Covenant Plastics owns a
commercial property located in Beaumont Highway, Houston valued at
$1.63 million.  Prentice S. Tillman is the 40% shareholder of
Covenant Plastics.  Vickie R. Tillman owns 60% stake.

Covenant Plastics sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Texas Case No. 17-31541) on March 9,
2017.  The petition was signed by Prentice S. Tillman, president.
The case is assigned to Judge David R. Jones.

At the time of the filing, the Debtor disclosed $1.91 million in
assets and $4.12 million in liabilities.

Margaret Maxwell McClure, Esq., at the Law Office of Margaret M.
McClure serves as the Debtor's attorney.

Patricia M. Davis, Esq., represents the Debtor in all legal aspects
seeking recovery from and the continuing suit against Angel Export
Import, L.L.C., in Cause No. 2016-86572, in the 189th Judicial
District Court of Harris County, Texas.

No official committee of unsecured creditors has been appointed.


CRAPP FARMS: Sale of 2011 Wilson Cattle Trailer for $45K Approved
-----------------------------------------------------------------
Judge Catherine J. Furay of the U.S. Bankruptcy Court for the
Western District of Wisconsin authorized Crapp Farms Partnership's
sale of 2011 Wilson cattle trailer to J. Robert Balmer for
$45,000.

The sale is free and clear of liens, claims and encumbrances, with
liens, claims and encumbrances, if any to attach to proceeds.

The Debtor is authorized to distribute the net proceeds from the
sale of the 2011 Wilson cattle trailer to Dubuque Bank & Trust,
pursuant to its properly perfect first position lien, in full
satisfaction of the Debtor's obligations to Dubuque Bank & Trust.

The Debtor is authorized to distribute the remaining net proceeds
from the sale, if any, to BMO Harris, N.A..

The stay imposed by Federal Rule of Bankruptcy Procedure 6004(h)
which would otherwise stay the sale for 14 days after the Court's
approval, will be and is lifted, waived, void, removed, and of no
effect so as to permit the immediate sale of the equipment pursuant
to the terms of the Order.

                   About Crapp Farms Partnership

Crapp Farms Partnership is a large farming operation that includes
growing and selling crops, raising livestock, and providing farm
trucking and excavating services to third-party customers.  The
farming operation is located in Potosi, Wisconsin.

Crapp Farms sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Wis. Case No. 17-11601) on May 3, 2017.  The
petition was signed by Darell C. Crap, partner.

At the time of the filing, the Debtor estimated its assets and
debt
at $10 million to $50 million.

The case is assigned to Judge Catherine J. Furay.  

The Debtor tapped Krekeler Strother, S.C., as Chapter 11 counsel.

     J. David Krekeler, Esq.
     Eliza M. Reyes, Esq.
     Jennifer M. Schank, Esq.
     Kristin J. Sederholm, Esq.
     Krekeler Strother, S.C.
     2901 West Beltline Highway, Suite 301
     Madison, WI 53713
     Tel: (608) 258-8555
     Fax: (608) 258-8299
     E-mail: jdkrek@ks-lawfirm.com
             ereyes@ks-lawfirm.com
             jschank@ks-lawfirm.com
             ksederho@ks-lawfirm.com

On June 5, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee is
represented by:

     Matthew E. McClintock, Esq.
     Goldstein & McClintock, LLLP
     111 W Washington St., Ste 1221
     Chicago, IL 60602
     Tel: (312) 337-7700
     Fax: (312) 277-2305
     E-mail: mattm@goldmclaw.com


CTI BIOPHARMA: Appoints Laurent Fischer as New Board Chairman
-------------------------------------------------------------
CTI BioPharma Corp. announced that Laurent Fischer, M.D. has been
appointed its new Chairman of the Board and the promotion of David
H. Kirske to chief financial officer and Bruce J. Seeley to chief
operating officer of the company.

"The appointments announced today strengthen and solidify our board
and leadership at an important time for the company," said Adam R.
Craig, M.D., Ph.D., president and CEO of CTI BioPharma. "Laurent
brings a wealth of industry knowledge and experience in both drug
development and enhancing shareholder value.  Already part of the
senior management team, Bruce and David bring operational and
financial expertise to CTI BioPharma as we continue to transform
into a leaner, more focused organization."

"I am pleased to serve as Chairman as the changes taking place at
the company provide the opportunity to deliver on the commitment to
patients and shareholders," said Dr. Fischer.  "I look forward to
continuing to work with the Board and the executive team to help
realize CTI BioPharma's potential."

In connection with his appointment, the Compensation Committee of
the Board approved a new annual base salary level for Mr. Kirske of
$350,000 and set Mr. Kirske's target annual bonus level at 35% of
base salary.  The Compensation Committee also approved the grant to
Mr. Kirske, effective Sept. 29, 2017, of stock options to purchase
315,000 shares of the Company's common stock under the Company's
2017 Equity Incentive Plan.  The stock options will have a per
share exercise price equal to the closing price of a share of the
Company's common stock on The NASDAQ Stock Market on Sept. 29,
2017.  The stock options will have a maximum term of ten years and
will be scheduled to vest in six equal semi-annual installments
over the three-year period following the date of grant, subject to
Mr. Kirske's continued employment by the Company through the
applicable vesting dates.

The Compensation Committee also approved a new annual base salary
level for Mr. Seeley of $410,000 and set Mr. Seeley's target annual
bonus level for 2018 at 40% of base salary.  Mr. Seeley's target
annual bonus level for 2017 remains at 30% of base salary. The
Compensation Committee also approved the grant to Mr. Seeley,
effective Sept. 29, 2017, of stock options to purchase 350,000
shares of the Company's common stock under the Company's 2017
Equity Incentive Plan.  The stock options will have a per share
exercise price equal to the closing price of a share of the
Company's common stock on The NASDAQ Stock Market on Sept. 29,
2017.  The stock options will have a maximum term of ten years and
will be scheduled to vest in six equal semi-annual installments
over the three-year period following the date of grant, subject to
Mr. Seeley's continued employment by the Company through the
applicable vesting dates.

Laurent Fischer

Dr. Fischer has been a director at the company since July, 2017.
Dr. Fischer is currently senior vice president, Head of the Liver
Therapeutic Area at Allergan following the acquisition of Tobira
Therapeutics.  Dr. Fischer has served as a senior advisor on the
Frazier Healthcare Partners' Life Sciences team since March 2017.
He was previously chairman and CEO of Jennerex, Inc., a company
with a first-in-class oncolytic immunotherapy for Liver Cancer
acquired for $150 million by Sillajen.  He was co-founder,
president and CEO of Ocera Therapeutics and held senior positions
at DuPont-Merck, DuPont Pharmaceuticals, and Hoffmann-La Roche in
liver disease, virology and oncology.  Dr. Fischer received his
undergraduate degree from the University of Geneva and his medical
degree from the Geneva Medical School, Switzerland.

Executive Management Promotions

David H. Kirske joined the company earlier in 2017 and served as
the principal financial and accounting officer prior to being
appointed chief financial officer.  Mr. Kirske's financial
management experience includes overseeing finance, accounting,
operations, and capitalization, in both debt and equity.  Prior to
joining CTI BioPharma, he was an independent CFO consultant since
January 2013. Prior to his time as a consultant, he served as vice
president and CFO of Helix BioMedix where he managed all financial
and administrative activities.  Previously, he was the Treasurer
and Corporate Controller for F-5 Networks and Redhook Brewery where
he managed both corporate and international entities, as well as
being part of the management teams that led and executed each
company's successful initial public offerings.  Earlier in his
career, he held a controllership position at Cray Computer. Mr.
Kirske holds a B.A. in Business Administration from the University
of Puget Sound.
                                 
Bruce J. Seeley joined the company in 2015 and served as the chief
commercial and adminstrative officer and secretary prior to being
appointed chief operating officer.  Mr. Seeley has more than 25
years of global commercial experience and a proven track record of
successfully launching products in various markets and regulatory
environments.  Most recently, Mr. Seeley was senior vice president
and general manager of Diagnostics at NanoString Technologies Inc.
overseeing the launch of the diagnostic product PROSIGNA for early
stage breast cancer.  Previously, he was executive vice president
of Commercial at Seattle Genetics where he built and led the
commercial organization, including marketing, sales and managed
markets, and successfully launched the company's first product,
ADCETRIS, a targeted therapy for lymphoma.  He also previously held
key leadership positions in marketing at Genentech (now a member of
the Roche Group), where he led the launch of HERCEPTIN in adjuvant
breast cancer.  Earlier in his career he held various commercial
roles at Aventis Pharmaceuticals Inc. (a part of Sanofi) and
Bristol-Myers Squibb Co. Mr. Seeley received a B.A. In Sociology
from the University of California at Los Angeles.

                      About CTI BioPharma

CTI BioPharma Corp. -- http://www.ctibiopharma.com/-- is a
biopharmaceutical company focused on the acquisition, development
and commercialization of novel targeted therapies covering a
spectrum of blood-related cancers that offer a unique benefit to
patients and healthcare providers.  CTI BioPharma has a late-stage
development pipeline, including pacritinib for the treatment of
patients with myelofibrosis.  CTI BioPharma is headquartered in
Seattle, Washington.

Marcum LLP, in San Francisco, CA, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2017, noting that the Company has incurred losses
since its inception and does not have sufficient liquidity to fund
its presently anticipated operations beyond the third quarter of
2017.  These conditions raise substantial doubt about the Company's
ability to continue as a going concern.

CTI Biopharma reported a net loss attributable to common
shareholders of $52 million for the year ended Dec. 31, 2016, a net
loss attributable to common shareholders of $122.6 million for the
year ended Dec. 31, 2015, and a net loss attributable to common
shareholders of $95.99 million.

As of June 30, 2017, CTI Biopharma had $86.33 million in total
assets, $47.41 million in total liabilities and $38.92 million in
total shareholders' equity.

"We will need to continue to conduct research, development, testing
and regulatory compliance activities with respect to our compounds
and ensure the procurement of manufacturing and drug supply
services, the costs of which, together with projected general and
administrative expenses, is expected to result in operating losses
for the foreseeable future," the Company said in its quarterly
report for the period ended June 30, 2017. "Additionally, we have
resumed primary responsibility for the development and
commercialization of pacritinib as a result of the termination of
the Pacritinib License Agreement in October 2016, and we will no
longer be eligible to receive cost sharing or milestone payments
for pacritinib's development from Baxalta Incorporated and its
affiliates, or Baxalta, which is now part of Shire plc.  We have
incurred a net operating loss every year since our formation.  As
of June 30, 2017, we had an accumulated deficit of $2.2 billion,
and we expect to continue to incur net losses for the foreseeable
future.

"Our available cash and cash equivalents were $74.7 million as of
June 30, 2017.  We believe that our present financial resources,
together with payments projected to be received under certain
contractual agreements and our ability to control costs, will only
be sufficient to fund our operations into the third quarter of
2018."


CYTOSORBENTS CORP: Appoints New Chief Medical Officer
-----------------------------------------------------
Dr. Eric R. Mortensen, M.D., Ph.D., joined CytoSorbents Corporation
as chief medical officer, on a full-time basis.

Dr. Mortensen's employment agreement provides for an initial term
commencing June 1, 2017, and ending Dec. 31, 2019.  Thereafter, the
Employment Agreement will automatically renew for an additional one
year term, unless either the Company or Dr. Mortensen provides
written notice of non-renewal at least 60 days prior to the end of
the initial term.  Dr. Mortensen is entitled to a base salary of
$330,000 per year, and that salary will be reviewed on an annual
basis by the Compensation Committee of the Board of Directors of
the Company.  Dr. Mortensen is eligible to receive equity
compensation under the CytoSorbents Corporation 2014 Long-Term
Incentive Plan and will be entitled to an incentive compensation
award in the event of a Change of Control of the Company, on such
terms and conditions as determined by the Compensation Committee.
The Employment Agreement contains customary covenants regarding
non-competition, non-solicitation, confidentiality and work made
for hire.

Dr. Phillip Chan, M.D., Ph.D., CytoSorbents' chief executive
officer stated, "Dr. Mortensen has led clinical development of key
programs for some of the largest pharmaceutical companies in the
world, including Pfizer's novel rheumatoid arthritis therapy,
Xeljanz, which has achieved approximately $1 billion in annual
worldwide sales.  He brings more than two decades of proven and
successful clinical trial development expertise to the company, as
well as a wealth of knowledge and experience in immunology,
inflammation, and clinical medicine.  We are thrilled to welcome
Dr. Mortensen to the executive team at CytoSorbents."

Dr. Mortensen commented, "CytoSorbents is at an exciting phase in
the clinical and scientific validation of its unique immunotherapy
approach, and I am eager to contribute my significant clinical
development experience to advance this important technology.
CytoSorb has been used successfully in a wide range of challenging
inflammatory conditions, demonstrating the promise of blood
purification as an alternative to drugs and biologics.  Our goal
now is to design and execute the appropriate, well-designed studies
to make CytoSorb standard of care for many of these conditions.  I
look forward to building upon the recent REFRESH I cardiac surgery
trial to advance CytoSorb through a registration trial towards
potential U.S. approval.  In addition, I am fascinated by the
easily modified core polymer, which has led to many new
experimental treatments for blood transfusion applications,
hyperkalemia, drug overdose, and toxin-mediated disease.  This
flexibility, as well as the ability to be adapted to many different
modes of administration, creates a wealth of opportunities to
develop new therapies.  I believe that CytoSorb and our related
technologies represent a breakthrough paradigm in the approach to
inflammation and critical care."

As Vice President & Therapeutic Area Clinical Head for Inflammation
and Immunology at Pfizer from 2014 to 2016, Dr. Mortensen led the
company's global, late-stage development organization for programs
in inflammatory diseases including studies for Enbrel and Xeljanz.
As the Clinical Inflammation Development Strategy Lead and co-chair
for Inflammation's Therapeutic Area Strategy Team (TAST), he
ensured an integrated approach to the development of medicines
across the different indications within Inflammation and
Immunology.  Dr. Mortensen previously held positions of increasing
responsibility as the Vice President, Global Medicine Development
Group Global Lead for Xeljanz and Assistant Vice President and
Global Therapeutic Area Director for Enbrel.  Previously at
GlaxoSmithKline, he led clinical programs for the reintroduction of
alosetron to the US market, the registration program for alvimopan,
and medical affairs programs for assets within Women's Health,
Urology, Acute Care, Gastrointestinal and Ophthalmologic business
units.  Prior to this, at Merck Research Laboratories, he was
responsible for registration studies of the COX2 inhibitors
rofecoxib and etoricoxib.

Dr. Mortensen received an A.B. in Biochemistry from Harvard
College, an M.D. from the Harvard University and Massachusetts
Institute of Technology Division of Health Sciences and Technology
(HST), and a Ph.D. in Biophysics at the Harvard Graduate School of
Arts and Sciences where he studied the transduction of
membrane-bound hormone receptor's binding into intracellular
activation of metabolic activity and cellular proliferation.  Dr.
Mortensen completed an internship and residency in Internal
Medicine at the Massachusetts General Hospital and a fellowship in
Gastroenterology at the University of Michigan Medical Center, Ann
Arbor.

CytoSorbents also announced that Dr. Robert H. Bartlett, M.D. will
retire as chief medical officer, but will continue working closely
with the company as a consultant and as co-chair of the Cardiac
Surgery Advisory Board with Dr. Joseph Zwischenberger, M.D. through
the next anticipated REFRESH 2 cardiac surgery trial.

Dr. Chan stated, "For nearly nine years, Dr. Bartlett has served as
Chief Medical Officer of CytoSorbents and has helped guide the
company through multiple key clinical studies, including the
successfully completed REFRESH I cardiac surgery trial, our
European Union approval of CytoSorb, and commercialization of
CytoSorb worldwide.  A trusted advisor, an experienced and
practical clinician, and a legend in the field of extracorporeal
membrane oxygenation, we are pleased to continue working with Dr.
Bartlett on a consulting basis.  On behalf of the Board of
Directors and the entire company, we thank Dr. Bartlett for his
many outstanding contributions towards the success of the
company."

                       About CytoSorbents

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

The Company, through its European subsidiary, conducts sales and
marketing related operations for the CytoSorb device.  CytoSorb,
the Company's flagship product, is approved in the European Union
and marketed in and distributed in thirty-two countries around the
world, as a safe and effective extracorporeal cytokine absorber,
designed to reduce the "cytokine storm" that could otherwise cause
massive inflammation, organ failure and death in common critical
illnesses such as sepsis, burn injury, trauma, lung injury, and
pancreatitis.  CytoSorb is also being used during and after cardiac
surgery to remove inflammatory mediators, such as cytokines and
free hemoglobin, which can lead to post-operative complications,
including multiple organ failure.  In March 2011, the Company
received CE Mark
approval for its CytoSorb device.

CytoSorbents recognized a net loss of $11.93 million on $9.52
million of total revenue for the year ended Dec. 31, 2016, compared
to a net loss of $8.13 million on $4.79 million of total revenue
for the year ended Dec. 31, 2015.

As of June 30, 2017, CytoSorbents had $22.08 million in total
assets, $14.17 million in total liabilities and $7.91 million in
total stockholders' equity.

WithumSmith+Brown, PC, in New Brunswick, New Jersey, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2016, noting 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.


CYTOSORBENTS CORP: May Issue 5 Million Shares Under 2014 LTIP
-------------------------------------------------------------
Cytosorbents Corporation filed a Form S-8 registration statement
with the Securities and Exchange Commission to register 5,000,000
shares of common stock issuable under the Company's Amended and
Restated 2014 Long-Term Incentive Plan.

An aggregate of 7,400,000 shares of Common Stock may be offered or
issued pursuant to the 2014 Long-Term Incentive Plan, as amended
and restated, 2,400,000 shares of which were previously registered
on Form S-8, and 5,000,000 shares of which are registered on this
Form S-8.  In addition, pursuant to Rule 416(c) under the
Securities Act of 1933, as amended, the Registration Statement also
covers an indeterminate number of shares of common stock, par value
$0.001 per share, which may be offered or issued to prevent
dilution resulting from adjustments as a result of stock dividends,
stock splits, reverse stock splits, recapitalizations,
reclassifications, mergers, split-ups, reorganizations,
consolidations and other capital adjustments.

                       About CytoSorbents

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

The Company, through its European subsidiary, conducts sales and
marketing related operations for the CytoSorb device.  CytoSorb,
the Company's flagship product, is approved in the European Union
and marketed in and distributed in thirty-two countries around the
world, as a safe and effective extracorporeal cytokine absorber,
designed to reduce the "cytokine storm" that could otherwise cause
massive inflammation, organ failure and death in common critical
illnesses such as sepsis, burn injury, trauma, lung injury, and
pancreatitis.  CytoSorb is also being used during and after cardiac
surgery to remove inflammatory mediators, such as cytokines and
free hemoglobin, which can lead to post-operative complications,
including multiple organ failure.  In March 2011, the Company
received CE Mark
approval for its CytoSorb device.

CytoSorbents recognized a net loss of $11.93 million on $9.52
million of total revenue for the year ended Dec. 31, 2016, compared
to a net loss of $8.13 million on $4.79 million of total revenue
for the year ended Dec. 31, 2015.

As of June 30, 2017, CytoSorbents had $22.08 million in total
assets, $14.17 million in total liabilities and $7.91 million in
total stockholders' equity.

WithumSmith+Brown, PC, in New Brunswick, New Jersey, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2016, noting 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.


DAVID WINSTON: Wells Fargo Tries to Block Plan Outline Approval
---------------------------------------------------------------
Wells Fargo Bank, National Association, filed with the U.S.
Bankruptcy Court for the Eastern District of Texas an objection to
the approval of David Winston Early Cabell Family L.P., Ltd.'s
first amended disclosure statement dated Aug. 24, 2017, as it fails
to provide adequate information.

According to Wells Fargo, the Court should deny approval of the
Disclosure Statement because: (i) the Disclosure Statement fails to
describe how Wells Fargo's swap claim will be treated under the
Plan; (ii) the Disclosure Statement fails to describe how Wells
Fargo's deficiency claim will be treated under the Plan; (iii) the
Disclosure Statement provides no evidence to substantiate the
assertion that the Financial Assets were increasing in value as of
the time of the Debtor's pre-petition Event of Default; (iv) the
Disclosure Statement must be amended to reflect that the Debtor's
sole tenant with respect to the real property vacated prior to the
Petition Date, the Debtor had no replacement tenant, the Debtor has
not generated any revenues during 2017, and the Debtor currently
has no operations; (v) the Disclosure Statement uses inflammatory
language to describe Wells Fargo's filing its stay relief motion
and extension objection and Wells Fargo's actions in connection
with the pre-petition event of default; the Debtor has no basis to
characterize Wells Fargo's intent behind taking such actions,
instead, the Debtor may merely note that the actions were taken, if
at all; and, (vi) the Disclosure Statement should reflect that the
original Disclosure Statement was filed on Aug. 4, 2017, and the
Debtor took no action to prosecute the same until Aug. 24, 2017,
when it filed the conditional approval motion and sought emergency
relief.

Wells Fargo says that without providing this information the Plan
fails to provide adequate information as required by Section 1125
of the U.S. Bankruptcy Code and provides misleading information
that may skew voters' impressions of the Debtor's conduct and
operations.

Wells Fargo tells the Court that the Disclosure Statement should be
denied because it fails to provide adequate information and
provides misleading information insofar as:

     (i) the Disclosure Statement fails to describe the Plan's
         proposed treatment of Wells Fargo's Swap Claim, filed as
         Claim No. 4 in the Claims Registry of this case, and to
         which no objection has been filed.  The Swap Claim is
         secured by the same collateral which secures the Note
         Claims, but to the extent that the Note Claims are
         undersecured, the Swap Claim is completely unsecured and
         should be classified as a General Unsecured Claim for
         purposes of the Debtor's Plan pursuant to Rule 3018(d) of

         the Federal Rules of Bankruptcy Procedure;

    (ii) the Disclosure Statement fails to recognize or describe
         how Wells Fargo's Deficiency Claim will be treated under
         the Plan.  On June 6, 2017, Wells Fargo conducted the
         approved foreclosure sale and was the ultimate purchaser
         of the real property via a credit bid of approximately
         $2,106,000.  The Approved Foreclosure Sale and the amount

         of Wells Fargo's Credit Bid have not been contested.
         After the Approved Foreclosure Sale, and as of
         approximately June 21, 2017, the remaining amount of the
         Wells Fargo Indebtedness totaled no less than
         approximately $3,377,981.79, which amount remains subject

         to adjustment to account for postpetition interest, fees,

         costs, and charges, including attorneys' fees and costs
         that continue to accrue.  The Deficiency Claim remains
         secured up to the value of the Financial Assets, which
         value was only approximately $2,431,292 as of Aug. 3,
         2017;

   (iii) the Disclosure Statement provides no evidence to
         substantiate the assertion that the Financial Assets were

         increasing in value as of the time of the Debtor's pre-
         petition Event of Default or that the Financial Assets
         continue to "significantly" increase in value so as to
         provide a windfall to Wells Fargo or even satisfy the
         Deficiency Claim;

    (iv) the Debtor has not generated any revenues during 2017 and

         currently conducts no operations.  Additionally, the
         Debtor's sole tenant with respect to the Real Property
         vacated prior to the Petition Date and the Debtor never
         obtained a replacement tenant.  This information bears
         directly on the feasibility of the Plan and must be
         considered when reviewing the Plan in its totality in
         order for creditors to make an informed decision on the
         Plan;

     (v) articles 2(D) and (E) use inflammatory language to
         describe and negatively color, prior to any final
         adjudication of the facts and matters in the case and
         Adversary Proceeding currently pending before the Court,
         Wells Fargo's filing its Stay Relief Motion and Extension

         Objection and Wells Fargo's calling the pre-petition      
  
         Default under the Loan Documents.  Descriptions of Wells
         Fargo's conduct, to the extent relevant, should be
         limited to the undisputed facts sans any unsubstantiated
         embellishments; and

    (vi) the Disclosure Statement should reflect that the original

         Disclosure Statement was filed on Aug. 4, 2017, and the
         Debtor took no action to prosecute the same until Aug.
         24, 2017, when it filed the Conditional Approval Motion
         and sought emergency relief.

Wells Fargo says that this information is necessary to elucidate
the Debtor's self-inflicted delays, manufactured emergencies, and
failure to adhere to the Case Resolution Deadline due to no party's
fault but its own.

A copy of the Objection is available at:

           http://bankrupt.com/misc/txeb16-10569-73.pdf

As reported by the Troubled Company Reporter on Sept. 6, 2017, the
Debtor filed with the Court an amended disclosure statement, which
provides latest update on its Chapter 11 case.  The Debtor
disclosed that on Aug. 24 it filed a motion to conditionally
approve the disclosure statement in an effort to meet the proposed
deadline by which it must achieve confirmation of the plan.  David
Winston is at risk of being unable to achieve confirmation by the
Sept. 29 deadline due to the delay resulting from its failed
negotiations with lender Wells Fargo and the lawsuit it filed for
alleged breach by the bank under their loan agreements.

Wells Fargo is represented by:

     Sean B. Davis, Esq.
     Devin B. Hahn, Esq.
     WINSTEAD PC
     1100 JPMorgan Chase Tower
     600 Travis Street
     Houston, Texas 77002
     Tel: (713) 650-8400
     Fax: (713) 650-2400
     E-mail: sbdavis@winstead.com
             dhahn@winstead.com

                       About David Winston

The David Winston Early Cabell Family Limited Partnership, Ltd.,
owns a commercial office building located at 304 Pearl Street,
Beaumont, Texas 77701.  The Debtor conducts no other business
operations besides the management and leasing of the real
property.

The David Winston Early Cabell Family Limited Partnership, Ltd.,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
E.D. Tex. Case No. 16-10569) on Nov. 22, 2016.  David W.E. Cabell,
manager, signed the petition.  At the time of the filing, the
Debtor estimated assets and debt at $1 million to $10 million.  

Judge Bill Parker is the case judge.  Brian A. Kilmer, Esq., at
Kilmer Crosby & Walker PLLC, represents the Debtor as bankruptcy
counsel.


DIFFUSION PHARMACEUTICALS: Amends 26.5M Shares Resale Prospectus
----------------------------------------------------------------
Diffusion Pharmaceuticals Inc. filed with the Securities and
Exchange Commission an amendment no.1 to its Form S-3 registration
statement relating to the resale or other disposition from time to
time by ABG - USL1 Limited, ACNYC, LLC, Adam Lipson, David G.
Schmidt, et al., of, subject to adjustment, up to 26,467,801 shares
of the common stock, $0.001 par value per share, of the Company.

Of these shares, (a) 12,376,329 are issued and outstanding as a
result of, or issuable upon, the conversion of the Company's
outstanding shares of Series A convertible preferred stock, $0.001
par value per share, (b) 13,555,887 are issued and outstanding as a
result of, or issuable upon, the exercise of warrants to purchase
shares of Common Stock and (c) an estimated 535,585 are issuable as
payment of dividends accruing through Oct. 1, 2017, with respect to
the Series A Preferred Stock.  The Selling Stockholders acquired
all of the securities covered by this prospectus in connection with
a private placement transaction in which the Company sold the
Series A Preferred Stock and Warrants to accredited investors in
closings conducted on March 14, 2017, and March 31, 2017 (or, as
applicable, a subsequent donation, pledge or transfer thereof).
The Company is registering the resale or other disposition of the
shares of Common Stock to satisfy registration rights it has
granted to the Selling Stockholders.

Diffusion is not selling any shares of Common Stock under this
prospectus and will not receive any of the proceeds from the sale
of shares of Common Stock by the Selling Stockholders.  To the
extent Warrants are exercised for cash, if at all, the Company will
receive the exercise price thereof.

The Company's Common Stock is traded on the NASDAQ Capital Market
under the symbol "DFFN."  On May 26, 2017, the last reported sale
price of the Company's Common Stock was $2.72 per share.

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

                     https://is.gd/1E0Y8a

                About Diffusion Pharmaceuticals

Diffusion Pharmaceuticals, a 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 $18.03 million for the year ended
Dec. 31, 2016, compared to a net loss of $6.71 million for the year
ended Dec. 31, 2015.

As of June 30, 2017, Diffusion had $33.90 million in total assets,
$32.73 million in total liabilities and $1.16 million in total
stockholders' equity.

KPMG LLP, in McLean, Virginia, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has suffered recurring
losses from operations, has limited resources available to fund
current research and development activities, and  will require
substantial additional financing to continue to fund its research
and development activities.  These conditions raise substantial
doubt about its ability to continue as a going concern.


DIVINE MEDICAL: Unsecureds to Get $939 Per Month Over 5 Years
-------------------------------------------------------------
Divine Medical Billing, Inc., filed with the U.S. Bankruptcy Court
for the Middle District of Tennessee an amended disclosure
statement dated Sept. 18, 2017, referring to the amended Chapter 11
plan.

Class 4 General Unsecured Claims -- totaling $225,303.68 -- are
impaired under the Plan.  The holders will be paid $938.77 per
month for five years, starting on the 10th day of the month
following the Effective Date, for a total of $56,326.20.

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

          http://bankrupt.com/misc/tneb16-15034-101.pdf

As reported by the Troubled Company Reporter on July 19, 2017, the
Debtor filed with the Court a disclosure statement describing their
original chapter 11 plan, which may provide Debtor to reorganize by
continuing to operate, to liquidate by selling assets of the
estate, or a combination of both.  Class 4 under the Plan is
comprised of the general unsecured creditors. The total amount of
claims for this class is $225,303.68. Unsecured claimants will be
paid $750 monthly over five years.  The Plan will be funded by
income from the continued operation of the medical billing
business.

Divine Medical Blling, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. M.D. Tenn. Case No. 16-06467) on Sept. 12, 2016,
and is represented by Steven L. Lefkovitz, Esq., of the Law Offices
of Lefkovitz & Lefkovitz.


DON GREEN: $410K Sale of Property to Andrews Trust Okayed
---------------------------------------------------------
Judge Karen K. Specie of the U.S. Bankruptcy Court for the Northern
District of Florida authorized Donald R. Green and Don Green Farms,
Inc. to sell their interest in the real property  located at 97 SE
241st Street, Suwannee, Dixie County, Florida, parcel number
19-13-12-2994-0002-1940, to Janice H. Andrews Revoc. Trust for
$410,000.

A hearing on the Motion was held on Sept. 7, 2017.

The sale is free and clear of all liens, claims and encumbrances,
with all liens, claims and encumbrances to attach to the proceeds
of the sale to the same extent, validity and priority as such
existed as of the Petition Date.

The Court waived the time period established by F.R.B.P. 6004(g).
The Property may be sold immediately.

                     About Don Green Farms

Don Green Farms, Inc., filed a Chapter 11 petition (Bankr. N.D.
Fla. Case No. 16-10261) on Nov. 16, 2016.  The petition was signed
by Donald R. Green, president, whose Chapter 11 case (Bankr. N.D.
Fla. Case No. 16-10260) is jointly administered with that of his
company.

Don Green Farms is represented by Seldon J. Childers, Esq., at
ChildersLaw, LLC.  The company disclosed total assets of $13,987
and total liabilities of $3.95 million.

On May 4, 2017, the court conditionally approved the disclosure
statement, which explains the Debtors' proposed Chapter 11 plan.


DOWLING COLLEGE: Sets Bidding Procedures for Brookhaven Campus
--------------------------------------------------------------
Dowling College asks the U.S. Bankruptcy Court for the Eastern
District of New York to authorize bidding procedures in connection
with the sale of real property consisting of a 105.33 acre campus
located in the Town of Brookhaven, County of Suffolk, at William
Floyd Parkway, Shirley, New York ("Brookhaven Campus"), including
its 72,000 square foot, 289-bed dormitory facility located thereon
("Brookhaven Dorm"), to the successful bidder at auction.

A hearing on the Motion is set for Oct. 16, 2017 at 1:30 p.m.
(EST).  The objection deadline is Oct. 9, 2017 at 4:00 p.m. (EST).

The Debtor is the fee owner of the Brookhaven Campus and the
Brookhaven Dorm.  The Brookhaven Campus was home to Dowling's
School of Aviation, sports management program and NCAA Division II
athletic program.  Located on 33 acres of the Brookhaven Campus was
Dowling's athletic field complex, featuring a multi-purpose stadium
and baseball and softball fields.  Also located on the Brookhaven
Campus are three buildings that comprised the National Aviation and
Transportation Center, as well as classrooms, computer labs, a
cafeteria and a library.

Dowling's prepetition secured debt is primarily comprised of three
outstanding issuances of municipal bonds and one outstanding
issuance of corporate bonds.

Certain improvements, construction and equipping of Dowling's
athletic field complex and the Brookhaven Campus cafeteria, among
other things, were financed with the proceeds of the issuance of
those certain Suffolk County Industrial Development Agency
("SCIDA") Civic Facility Revenue Bonds, Series 2006A, in the
principal amount of $34,910,000, and SCIDA Taxable Civic Facility
Revenue Bonds, Series 2006B, in the principal amount of $4,000,000
("Series 2006 Bonds"), under that certain Trust Indenture ("Series
2006 Indenture"), dated as of June 1, 2006, between SCIDA, as
issuer, and The Bank of New York, as predecessor in interest to
Wilmington Trust, National Association, as trustee ("Series 2006
Trustee").

The acquisition, renovation and equipping of the Brookhaven Dorm
were financed by those certain Town of Brookhaven Industrial
Development Agency ("TBIDA") Civic Facility Revenue Bonds, Series
2002, issued in the principal amount of $10,900,000 ("Series 2002
Bonds") under that certain Trust Indenture ("Series 2002
Indenture"), dated as of Nov. 1, 2002, between the TBIDA, as
issuer, and The Bank of New York, as predecessor in interest to UMB
Bank, National Association, as trustee.

In terms of basic financing structure, the Facilities financed by
each of the bond issuances were leased by Dowling to the respective
issuers, SCIDA and TBIDA, and subleased by such issuers back to
Dowling.  The Facilities financed pursuant to the Series 2002
Indenture and the Series 2006 Indenture serve as collateral for
Dowling's respective obligations thereunder, as set forth in that
certain Mortgage and Security Agreement, dated as of Nov. 1, 2002,
by Dowling and TBIDA in favor of the Series 2002 Bond Trustee, and
duly recorded with the Office of the Clerk of Suffolk County on
Dec. 17, 2002 ("2002 Mortgage"), and that certain Mortgage and
Security Agreement, dated as of June 1, 2006, by Dowling and SCIDA
in favor of the Series 2006 Bond Trustee, and duly recorded with
the Office of the Clerk of Suffolk County on July 5, 2006 ("2006
Mortgage"), respectively.

By no later than June 2015, Dowling had defaulted under various
provisions of the trust indentures and entered into forbearance
negotiations with the Bond Trustees and, with respect to the Series
2006 Bonds, ACA Financial Guaranty Corp., as the Bond Insurer,
concerning forbearance from payment and exercising remedies.  On
June 15, 2015, Dowling entered into substantially similar
forbearance agreements with the Bond Trustees and ACA with respect
to the Series 2006 Bonds and the Series 2002 Bonds.

On Aug.4, 2016, in accordance with the terms of certain
substantially similar conditional funding agreements, the Bond
Trustees and ACA, among others, made certain protective advances
under, among other things, the Series 2002 Bond Documents and the
Series 2006 Bond Documents, in exchange for a grant of additional
collateral in the form of a blanket lien on all assets of Dowling
securing the new advances of funds.

As a result of the financing transactions set forth and others more
fully described in the First Day Declaration, all of Dowling's real
property and substantially all of its personal property (excluding
restricted assets) are subject to the liens and security interests
of Dowling's prepetition bondholders.

As relevant to the Sale Motion, the Brookhaven Campus (other than
the Brookhaven Dorm) is subject to the first liens and security
interests of the Series 2006 Bond Trustee to the extent of the
Series 2006 Indenture, and the Brookhaven Dorm is subject to the
first liens and security interests of the Series 2002 Bond Trustee
to the extent of the Series 2002 Indenture.

The Debtor understands that the Bond Trustees and ACA consent to
the sale of the Brookhaven Campus and the Brookhaven Dorm free and
clear of their liens and any rights in the leasehold interests
created by the Series 2006 Bond Documents and the Series 2002 Bond
Documents.

In addition to the foregoing, several parties have filed mechanics
liens on the Brookhaven Campus.  Still other creditors have
obtained judgments on account of otherwise unsecured obligations
before the Petition Date.

Since the Petition Date, the Debtor has pursued a comprehensive
sale strategy with regard to all of its real property.  Pursuant to
previous orders of the Court, the Debtor has retained A&G Realty
Partners, LLC and Madison Hawk Partners, LLC to market and sell,
among other things, the Brookhaven Campus (other than the
Brookhaven Dorm) and CBRE, Inc. to market and sell the Brookhaven
Dorm ("Campus Agents").

To date, no Stalking Horse Bidder has been identified.  However,
the Debtor reserves the right throughout the marketing process to
enter into a Purchase Agreement with a Stalking Horse Bidder,
subject to the Court's approval, and thereafter proceed to an
Auction, if necessary, to maximize the value that the Debtor may
realize from the sale of the Brookhaven Campus.  

The Campus Agents intend to initially solicit offers on the
Brookhaven Campus through a sealed bid process.  As a result,
parties are encouraged in the first instance to put forth their
highest and best bid for the Brookhaven Campus in the event an
Auction does not occur.  As further encouragement to interested
parties to submit a competitive bid early, if an Auction is held,
only the top five bidders (or those within 25% of the highest bid
will be permitted to attend and participate at the Auction.

The Debtor's professionals and the Campus Agents understand that
certain bid protections will likely be needed to secure a quality
Stalking Horse Bidder.  It therefore expects that if it asks
authority to enter into an agreement with a Stalking Horse Bidder,
such an application will include a request for appropriate
market-rate bid protections to include a termination fee and
expense reimbursement.

The Successful Bidder for the Brookhaven Campus will be party to
the proposed Purchase Agreement with the Debtor.  If the Debtor
enters into a Purchase Agreement with a Stalking Horse Bidder prior
to the Bid Deadline, the Debtor will request approval from the
Court on not less than seven days' notice to the Notice Parties,
and all Potential Bidders.

The principal terms of the Purchase Agreement are:

     a. Parties: (i) Seller: Dowling College and (ii) Purchaser: To
Be Determined

     b. Asset: The Brookhaven Campus, including the Brookhaven
Dorm

     c. Payment: Amount Cash or cash equivalents at Closing

     d. Conditions to Closing: (i) entry of Sale Order and (ii)
receipt of customary consents and approvals that may be required in
addition to the Sale

     e. Approval Order and Closing Date: Closing no later than 15
days after entry of the Sale Order, which will not have been
vacated or stayed

The principal terms of the Bidding Procedures are:

     a. Bid Deadline: Dec. 5, 2017

     b. Minimum Bid: The amount of the purchase price in a bid for
the Brookhaven Campus must be one (i) of the five highest and
otherwise best bids, or within 25% of the highest and otherwise
best bid.  Each bid will provide a single lump sum bid for the
Brookhaven Campus.

     c. Deposit(s): A Potential Bidder must deposit not less than
5% of the initial cash purchase price set forth in the Modified
Purchase Agreement.  In addition, if the Debtor proceeds with an
Auction and a Stalking Horse Bidder is selected, each Potential
Bidder must also deposit not less than the aggregate amount of
their Deposit, plus the amount of any Court approved Bidding
Protections with the Debtor.  If selected as the Successful Bidder
or the Backup Bidder following the Auction, each of the Successful
Bidder and the Backup Bidder will increase its Additional Deposit
equal to the sum of 10% of the cash component of the Successful Bid
or Backup Bid, as applicable, plus the amount of the Bidding
Protections.

     d. As Is. Where Is: Any Modified Purchase Agreement must
provide that the Sale will be on an "as is, where is" basis and
without representations or warranties of any kind except and solely
to the extent expressly set forth in such agreement of the
Successful Bidder.

     e. Auction: The Auction will take place at the offices of
local counsel to the 2006 Bond Insurer, Certilman Balin Adler &
Hyman, LLP 90 Merrick Avenue, East Meadow, New York, not later than
Dec. 7, 2017, starting at 10:00 a.m. (PET).

     f. Bid Increment: At least $100,000 plus the amount of any
Bidding Protections

     g. Bidding Objection Deadline: No later than 4:00 p.m. seven
days prior to the Bidding Procedures Hearing

     h. Sale Objection Deadline: No later than 4:00 p.m. seven days
prior to the Sale Hearing

     i. Sale Hearing: The Successful Bid and Backup Bid will each
be subject to entry of the Sale Order after the Sale Hearing to be
held on a date to be set by the Court.

The Debtor respectfully submits that the Brookhaven Campus should
be transferred to the Successful Bidder free and clear of all
liens, claims, encumbrances and other interests, including rights
or claims based on successor liability.

In the event of a Stalking Horse Bidder, under the Purchase
Agreement with the Stalking Horse Bidder, the first proceeds from
the Sale pursuant to a Competing Bid will likely be used to pay the
Bidding Protections.  The proposed form of Sale Order also provides
that the liens existing on the Brookhaven Campus will attach to the
net proceeds of the sale to the same extent, validity and priority
that existed prior to the sale after taking into account the costs
of the Sale and the Debtor will be authorized to use such proceeds
to pay any such secured claims in the order of their relative
priority, as allowed by the Court.

The Debtor respectfully asks that the Court finds that the Debtor's
estate is exempt from New York State real estate transfer tax.  It
further asks that the Court waives the 14-day stay period required
under Rule 6004(h) or, in the alternative, if an objection is filed
to the proposed Sale, reduce the stay period to the minimum amount
of time reasonably necessary for the objecting party to file a stay
pending appeal.

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

   http://bankrupt.com/misc/Dowling_College_406_Sales.pdf

Series 2006 Bond Trustee:

          WILMINGTON TRUST, NATIONAL ASSOCIATION
          25 South Charles Street, 11th Floor
          Mail Code: MD2-CS58
          Baltimore, MD 21201
          Attn: Jay Smith

Series 2006 Bond Insurer:

          ACA FINANCIAL GUARANTY CORP.
          555 Theodore Fremd Avenue Suite C-205
          Rye, New York 1058
          Attn: Carl McCarthy, Esq. and Maria Cheng

Counsel to the Series 2006 Bond Insurer:

          White & Case LLP
          1221 Avenue of the Americas
          New York, New York 10020
          Attn: Brian D. Pfeiffer, Esq.

                     About Dowling College

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

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

The Debtor is represented by Klestadt Winters Jureller Southard &
Stevens, LLP. Ingerman Smith, LLP and Smith & Downey, PA, have been
tapped as special counsel. Robert Rosenfeld of RSR Consulting, LLC,
serves as its chief restructuring officer while Garden City Group,
LLC, serves as its claims and noticing agent.

The Debtor has also hired FPM Group, Ltd., as consultants; Eichen &
Dimeglio, PC, as accountants; A&G Realty Partners, LLC and Madison
Hawk Partners, LLC, as real estate advisors; and Hilco Streambank
and Douglas Elliman serve as brokers.

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

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


ECOARK HOLDINGS: Randy May Rejoins as Chief Executive Officer
-------------------------------------------------------------
The Board of Directors of Ecoark Holdings, Inc., appointed Randy
May as the Company's chief executive officer, effective on Oct. 1,
2017.  Mr. May, 53, is currently the chairman of the Board, and
previously served as the Company's chief executive officer.

In connection with Mr. May's appointment as chief executive
officer, the Company and Mr. May entered into an employment
agreement that commences on Oct. 1, 2017.  Pursuant to the
Employment Agreement, Mr. May will receive an annual salary of
$200,000.  Upon the achievement of positive cash flow from
operations for two consecutive quarters, his annual salary will
increase to $350,000.  Mr. May will also be reimbursed for
reasonable, documented expenses incurred by him in the performance
of his duties as chief executive officer.  Mr. May is also eligible
to participate in the Company's regular health insurance and other
employee benefit plans established by the Company for its employees
from time to time.  The Employment Agreement has no specified term.
Mr. May's employment is on an at-will basis and his employment may
be terminated at any time at his option or at the option of the
Company.  If Mr. May's employment is terminated for any reason, the
Employment Agreement will terminate without further obligation or
payment of severance benefits to Mr. May, except that the Company
would have the obligation to pay him any compensation earned, and
any approved business expenses incurred, through the date of
termination.

Upon effectiveness of Mr. May's appointment as chief executive
officer, Jay Puchir, who is currently serving as the Company's
president and chief executive officer, will become the Company's
chief financial officer and treasurer and cease serving as
president and chief executive officer.  Mr. Puchir, 41, previously
served as the Company's treasurer, secretary, and director of
finance.  There will be no changes in Mr. Puchir's compensation as
a result of the appointment.

On Sept. 25, 2017, the Board appointed Peter Mehring as the
Company's president, effective Oct. 1, 2017.  Mr. Mehring, 55, is a
member of the Board and currently serves as chief executive officer
and president of Zest Labs, Inc., a subsidiary of the Company, and
has served in that role since July 2009.  There will be no changes
in Mr. Mehring's compensation as a result of the appointment.

Also on Sept. 25, 2017, Charles Rateliff notified the Company that
he will voluntarily relinquish his positions as chief financial
officer and treasurer, and as a member of the Board, effective Oct.
1, 2017.  Following his departure, Mr. Rateliff will continue as an
advisor to the Company.  The Company said that Mr. Rateliff's
decision to relinquish his positions was not due to any
disagreement with the Company on any matter relating to the
Company's operations, policies or practices.

                         About Ecoark

Founded in 2011, Ecoark -- http://ecoarkusa.com/-- currently has
five subsidiaries: Zest Labs, 440Labs, Pioneer Products, Sable
Polymer Solutions and Magnolia Solar.  Zest Labs provides a growing
suite of freshness management solutions that substantially improve
quality consistency and drive sustainability for a wide range of
clients. Zest Labs provides solutions to modernize the existing
food distribution and delivery system by significantly increasing
efficiency through continuous condition monitoring and real-time
prescriptive analytics.

KBL, LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2016, citing that the Company has incurred substantial losses and
needs to obtain additional financing to continue the development of
their products.  The lack of profitable operations raises
substantial doubt about the Company's ability to continue as a
going concern.

Ecoark reported a net loss of $25.23 million on $14.40 million of
revenues for the year ended Dec. 31, 2016, compared to a net loss
of $10.47 million on $7.67 million of revenues for the year ended
Dec. 31, 2015.  

As of June 30, 2017, Ecoark had $22.91 million in total assets, $3
million in total liabilities and $19.90 million in total
stockholders' equity.


ECOARK HOLDINGS: Rebrands Itself as 'Zest Technologies'
-------------------------------------------------------
Ecoark Holdings, Inc., announced that its Board of Directors has
unanimously approved a new corporate strategy and management
change.  The Company is transitioning from a diversified holding
company into a company focused solely on its Zest Labs asset.  The
Company said Zest Labs provides a growing suite of freshness
management solutions that substantially improve quality consistency
and drive sustainability for a wide range of clients that are
searching for a solution to the $161 Billion amount of food loss
the U.S. experiences each year.  

The Company previously announced that it was exploring strategic
opportunities related Zest Labs.  As a result of this effort, the
Board unanimously determined the best approach was for Ecoark to
rebrand all aspects of its company to Zest - including renaming the
Company "Zest Technologies," and changing its stock ticker symbol
from EARK to ZEST - in the coming months.

As a result of the new focus and related corporate strategy
changes:

   * Ecoark Founder and Chairman Randy May has rejoined the Company
full-time and has been named CEO
     
   * Jay Puchir, current CEO of Ecoark, has been appointed CFO
     
   * Charles Rateliff, current CFO of Ecoark, will transition to a
company advisor
     
   * Peter Mehring, CEO of Zest Labs, has been named president of
Ecoark in anticipation of rebranding to Zest Technologies.  Mehring
will remain CEO of Zest Labs
     
   * The Company will explore divesting all non-core holdings and
will appropriate all proceeds toward working capital for Zest
Technologies

"After extensive exploration of all strategic options related to
Zest Labs, including a potential spin-off of the company, it became
clear that the best way to ensure maximum shareholder value and
capitalize on our main asset was to make it our sole focus," stated
Randy May.  "By focusing solely on Zest and our mission of
modernizing the fresh food supply chain through technology,
everyone is 100 percent aligned and focused on driving revenue from
retail grocers, their key suppliers and their distribution partners
to ensure we maximize the huge market opportunity in front of us."

Zest Labs enables retailers to significantly reduce fresh food
spoilage by providing a growing suite of proprietary solutions and
technologies that drive efficiency and sustainability through
improved quality consistency.  The company is poised to lead the
agriculture and supply chain industries with cloud-based software
solutions, helping farmers, distributors and grocers substantially
reduce the 31 percent food waste problem currently burdening the
post-harvest fresh food industry.

"Everyone we talked to through this process -- from bankers and
equity analysts to customers and potential suitors -- affirmed our
belief that the fresh food supply chain is ripe to be disrupted
through digital transformation.  The market opportunity is now,"
stated Peter Mehring.  "With these corporate strategy changes, and
the financial vehicles we're retaining from the former holding
company model, we now have the resources and focus to help growers
and retailers dramatically improve customer satisfaction by
ensuring the freshness and quality of their produce, while also
helping them realize substantial cost savings by reducing food
waste."

Zest Labs is modernizing the post-harvest fresh food processing and
distribution industry by delivering six sigma process management in
an approachable and scalable service.  The company's Zest Fresh
solution is a breakthrough approach to quality management of
post-harvest fresh food that substantially reduces food loss and
waste by improving quality consistency.  Zest Fresh addresses
quality consistency shortcomings by combining cloud, mobile and
cost-effective, item-level monitoring technology with real-time
predictive and prescriptive analytics.  With Zest Fresh, growers,
distributors and retailers improve quality consistency,
profitability and sustainability while reducing waste.

"I would also like to thank Charles Rateliff for his service and
dedication to improving the financial framework of Ecoark prior to
this pre-planned transition.  Charles will continue to mentor
myself and the rest of the executive team as an advisor to the
company," stated Randy May.

                      About Ecoark Holdings
                           and Zest Labs

Founded in 2011, Ecoark currently has five subsidiaries: Zest Labs,
440Labs, Pioneer Products, Sable Polymer Solutions and Magnolia
Solar.  Zest Labs provides a growing suite of freshness management
solutions that substantially improve quality consistency and drive
sustainability for a wide range of clients. Zest Labs provides
solutions to modernize the existing food distribution and delivery
system by significantly increasing efficiency through continuous
condition monitoring and real-time prescriptive analytics.

KBL, LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2016, citing that the Company has incurred substantial losses and
needs to obtain additional financing to continue the development of
their products.  The lack of profitable operations raises
substantial doubt about the Company's ability to continue as a
going concern.

Ecoark reported a net loss of $25.23 million on $14.40 million of
revenues for the year ended Dec. 31, 2016, compared to a net loss
of $10.47 million on $7.67 million of revenues for the year ended
Dec. 31, 2015.

As of June 30, 2017, Ecoark had $22.91 million in total assets, $3
million in total liabilities and $19.90 million in total
stockholders' equity.


EDGEWOOD PARTNERS: S&P Affirms Then Withdraws B Corp. Credit Rating
-------------------------------------------------------------------
S&P Global Ratings said it removed its ratings on Edgewood Partners
Insurance Center Inc. (EPIC) from CreditWatch Negative, where S&P
initially placed them July 28, 2017. At the same time, S&P affirmed
its 'B' long-term corporate credit rating on EPIC. The outlook is
negative. Subsequently, at the company's request S&P have withdrawn
all ratings.

S&P said, "The affirmation reflects our assessment of EPIC's weak
business risk profile and highly leveraged financial risk profile.
Following the company's announcement that it has completed the sale
of its business to Oak Hill Capital Partners, we believe EPIC may
not be able to achieve its fairly aggressive growth and
margin-expansion targets. It is our view that given the level of
execution risk associated with its current business objectives,
EPIC may not be able to improve its credit-protection measures over
the next year. As of June 30, 2017, pro-forma leverage per
transaction was 7.8x (including operating leases), with coverage
above 2x.

"The negative outlook reflects EPIC's substantial debt burden
incurred as part of its change in ownership to support its growth
strategy, and our view of the associated execution risk in
restoring leverage to less than 7x. We expect the company's key
credit metrics in 2017 to improve materially through continued
revenue growth from organic sources and acquisitions, as well as
margin expansion through expense-management initiatives. Although
we expect the company to have an adjusted debt-to-EBITDA ratio
between 6.5 and 7x and EBITDA interest coverage above 2.5x, we are
somewhat concerned that the company may not be able to meet these
expectations."


ELLINGTON TRUCKING: Court Extends Plan Exclusivity to Oct. 2
------------------------------------------------------------
Judge Robyn L Moberly of the U.S. Bankruptcy Court for the Southern
District of Indiana granted the request of Ellington Trucking LLC
for a short extension of the Debtor's exclusive period to file a
Chapter 11 plan and disclosure statement.

Judge Moberly extended the Exclusivity Period to October 2.

The Debtor asked the Court for a September 30 extension to give it
time to complete the filing of plan documents.

The Debtor asserted that the Plan and Disclosure statement are now
due. However, the counsel for the Debtor has received financial
projections late from accounting. As such, the Debtor requires
additional time to complete the filing of the plan with the
financial disclosure.

                 About Ellington Trucking LLC

Ellington Trucking LLC filed a Chapter 11 petition (Bankr. S.D.
Ind. Case No. 17-00781), on Feb. 15, 2017.  The Petition was signed
by its authorized representative, Sharon E. Harris.  The Debtor is
represented by David R. Krebs, Esq. at Hester Baker Krebs LLC.  At
the time of filing, the Debtor had $0 to $50,000 in estimated
assets and $100,000 to $500,000 in estimated liabilities.


FIELDWOOD ENERGY: Moody's Cuts CFR to Caa3 on Weak Liquidity
------------------------------------------------------------
Moody's Investors Service downgraded Fieldwood Energy LLC's
(Fieldwood) Corporate Family Rating (CFR) to Caa3 from Caa2,
Probability of Default Rating (PDR) to Caa3-PD from Caa2-PD,
first-lien reserve based term loan (RBTL) to B3 from B2, senior
secured first-lien term loan (FLTL) to B3 from B2, senior secured
first-lien last-out (FLLO) term loan to Caa3 from Caa1, and
second-lien term loan (SLTL) to Ca from Caa3. The rating outlook
was changed to negative from stable.

"The downgrade reflects Fieldwood's high refinancing risk, weak
liquidity and negative production trends," said Sajjad Alam,
Moody's Senior Analyst. "Given Fieldwood's unsustainably high debt
burden relative to its cash flow prospects and Moody's expectations
of continued volatility in energy prices through 2018, it will be
challenging for management to address its upcoming debt maturities
in a timely manner."

Rating Actions:

Issuer: Fieldwood Energy LLC

-- Corporate Family Rating, Downgraded to Caa3 from Caa2

-- Probability of Default Rating, Downgraded to Caa3-PD from
    Caa2-PD

-- First-Lien Reserve Based Senior Secured Term Loan, Downgraded
    to B3 (LGD2) from B2 (LGD2)

-- First-Lien Senior Secured Term Loan, Downgraded to B3 (LGD2)
    from B2 (LGD2)

-- First-Lien Last-Out Senior Secured Term Loan, Downgraded to
    Caa3 (LGD3) from Caa1 (LGD3)

-- Second-Lien Senior Secured Term Loan, Downgraded to Ca (LGD5)
    from Caa3 (LGD5)

-- Outlook, Changed to Negative from Stable

RATINGS RATIONALE

Fieldwood's Caa3 CFR reflects its unsustainable capital structure;
weak liquidity, including limited cash balance and no revolving
credit facility; $755 million of debt maturities in 2018 and
another $2.53 billion in 2020; and large debt-like plugging &
abandonment (P&A) obligations that require significant ongoing cash
expenditures. Absent meaningful debt reduction or maturity
extension, the company will continue to face high restructuring
risk. The rating also considers Fieldwood's concentration in the US
Gulf of Mexico (GoM) shelf, short proved developed (PD) reserve
life, and exposure to 3rd party pipelines that have suffered
frequent shut-ins in recent quarters constraining sales volume.
Fieldwood monetized all of its hedges in third quarter 2017 leaving
limited downside protection for its future production. The rating
is supported by Fieldwood's large oil-weighted (~60% liquids)
production base, high proportion of proved developed (PD) and
behind-pipe reserves that can be brought to production at fairly
low costs. The Caa3 CFR also reflects the company's private
ownership and limited operational and financial disclosures.

Fieldwood has weak liquidity based on its limited cash balance and
the lack of a revolving credit facility. The company had pro forma
cash balance of roughly $57 million as of June 30, 2017 after
accounting for the recent hedge monetization. While the company
plans to live within cash flow, ongoing underinvestment and the
resultant decline in production will limit its ability to enhance
financial flexibility. The company also needs to find a more
permanent solution for it looming debt maturities. Fieldwood's
alternate liquidity is limited given all of its assets are
encumbered by its secured credit facilities.

The $387.6 million first-lien reserve based term loan (RBTL)
facility and the $755 million first-lien term loan (FLTL) are rated
B3, three notches above the CFR, because they have a priority claim
to Fieldwood's assets and benefit from the significant loss
absorption cushion provided by the first-lien last-out (FLLO) and
the second-lien term loan (SLTL) facilities. Moody's believes the
B3 rating more appropriately captures the recovery potential for
the first-lien term loans despite a B2 indication by Moody's Loss
Given Default Methodology. The FLLO facility is rated at the Caa3
CFR level and will have higher recoveries than the $1.66 billion
second-lien loans that are notched below the CFR at Ca because of
its junior claim behind all other debt in a potential default
situation.

The negative outlook reflects Fieldwood's refinancing risk and high
financial leverage. The CFR could be downgraded if the EBITDAX to
Interest coverage ratio falls below 1.5x or if the cash balance is
substantially reduced. For an upgrade, Moody's will look for
significant debt reduction, improved liquidity and a sustainable
RCF/Debt ratio above 10%.

Fieldwood Energy LLC is a Houston, Texas based private oil and gas
E&P company with primary producing assets on the US Gulf of Mexico
shelf.


FULLBEAUTY BRANDS: Moody's Cuts CFR to Caa1; Outlook Remains Neg.
-----------------------------------------------------------------
Moody's Investors Service downgraded FULLBEAUTY Brands Holdings
Corp.'s Corporate Family Rating ("CFR") to Caa1 from B3 and
Probability of Default Rating to Caa1-PD from B3-PD. The rating on
the company's $820 million senior secured first lien term loan was
downgraded to B3 from B2 and the rating on the $345 million senior
secured second lien term loan was downgraded to Caa3 from Caa2. The
outlook remains negative.

"The downgrade and negative outlook reflect that the current weak
operating trends in the business will continue, and when combined
with higher debt levels results in debt to EBITDA reaching the high
8 to mid-9 times range, a level that is beyond the scope of the B3
rating," said Moody's Assistant Vice President and lead analyst Dan
Altieri.

Over the LTM period ended July 1, 2017, FULLBEAUTY's revenue has
declined by over $60 million with EBITDA down around $40 million.
Operating performance has been negatively impacted by fashion
misses and higher price points in some of the company's apparel
brands, combined with increased competition in the plus-sized
apparel space. EBITDA margins also worsened over the period as the
company worked to clear excess inventory at discounted prices.
Further, in August 2017, the company entered into a $75 million
FILO (first-in-last-out) credit facility which will support
liquidity in the near term, but has pushed lease adjusted leverage
to 8.7 times (LTM for the period ended July 1, 2017 and pro-forma
for additional debt). The FILO facility will also cost the company
approximately $6 million in additional annual interest expense.

Moody's took the following rating actions:

Issuer: FULLBEAUTY Brands Holdings Corp.

Corporate Family Rating, Downgraded to Caa1 from B3

Probability of Default Rating, Downgraded to Caa1-PD from B3-PD

$820 million Senior Secured First Lien Term Loan due 2022,
Downgraded to B3 (LGD3) from B2 (LGD3)

$345 million Senior Secured Second Lien Term Loan due 2023,
Downgraded to Caa3 (LGD5) from Caa2 (LGD5)

Outlook, Remains Negative

RATINGS RATIONALE

FULLBEAUTY's Caa1 CFR reflects the company's high lease adjusted
leverage which Moody's estimates to be 8.7 times for the LTM period
ended July 1, 2017 (after accounting for the $75 million FILO
facility). The rating is also constrained by Moody's expectation
that the current weak operating trends in the business will
continue, pressuring credit metrics further. Moody's estimates debt
to EBITDA is likely to rise above 9 times. Given the increased
interest expense following the FILO tranche, EBIT to interest
expense is likely to fall near 1.0 time. The rating also reflects
the company's niche focus in the direct-to-consumer plus-size
apparel market and its modest revenue scale. The rating is
supported by the company's adequate liquidity profile which
benefits from its sufficient cash balance (pro-forma for the $75
FILO facility) and modest capital investment requirements as a
direct-to-consumer online and catalog retailer. The rating also
benefits from a lack of near dated debt maturities in the capital
structure, favorable demographic trends of overweight and obese
people in the U.S., and the breadth and mix of product offerings
relative to many competitors.

The negative outlook reflects Moody's expectation that the company
will be challenged to reverse recent trends in the current retail
operating environment and acknowledges the risk that FULLBEAUTY
will be unable to improve credit metrics beyond Moody's downgrade
triggers. A change in the outlook back to stable would require a
reversal of recent operating trends including revenue and EBITDA
growth to a level that supports a sustainable capital structure.
EBIT/Interest Expense sustained around 1.0 time, leverage
moderating below 8 times, and positive free cash flow generation
could also support a change in the outlook to stable. An outlook
change would also require an expectation that a distressed exchange
is unlikely.

Ratings could be downgraded if ongoing revenue and earnings
declines continue, or if weak operating performance or aggressive
financial policies result in EBIT/Interest expense sustained below
1 time, or there is an increased likelihood of an event of default,
such as a distressed exchange. A deterioration of the company's
liquidity profile including a diminished cash balance or negative
free cash flow could also result in a downgrade.

Ratings could be upgraded if the company were to stabilize and
improve revenue and EBITDA resulting in debt/EBITDA maintained
below 7.0 times and EBIT/interest above 1.25 times. An upgrade
would also require the company maintain at least an adequate
liquidity profile, with positive free cash flow generation and that
it addresses its debt maturities well in advance.

The principal methodology used in these ratings was Retail Industry
published in October 2015.

Headquartered in New York, NY, FULLBEAUTY Brands Holdings Corp. is
a retailer that specializes in selling plus size apparel nationally
through its direct-to-consumer print media and e-commerce websites.
The company operates 7 unique lifestyle brands through its branded
websites and print media, including Woman Within, Roaman's, Jessica
London, Swimsuitsforall, King Size, ellos, and BrylaneHome, as well
as an online marketplace, fullbeauty.com. FULLBEAUTY is majority
owned by Apax Partners LLP, followed by Charlesbank Capital
Partners who owns approximately 25% of the company. Revenue for the
LTM period ending July 1, 2017 was approximately $925 million.


GENERAL CABLE: S&P Affirms 'B' Corp Credit Rating, Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on
General Cable Corp. The outlook is stable.

S&P said, "At the same time, we raised our issue-level rating on
General Cable's 5.75% senior unsecured notes to 'B' from 'B-'. The
recovery rating on the notes is '4', which indicates our
expectation of average (30%-50%; rounded estimate: 40%) recovery in
the event of a payment default. We also affirmed our 'CCC+'
issue-level rating on the company's 2029 subordinated notes. The
recovery rating on the notes is '6', which indicates our
expectation of negligible (0%-10%; rounded estimate: 0%) recovery
in the event of a payment default.

"The rating affirmation reflects our view that although General
Cable continues to turn around its business, by divesting non-core
assets and concentrating on its American (North America and Latin
America) and European operations, the benefits in terms of higher
EBITDA margins and lower leverage are still to be realized.

"The stable outlook reflects our expectation that General Cable
will generate EBITDA in the range of $200 million to $220 million
in 2017 and 2018, maintaining leverage in the 6.5x-7x range and FFO
to debt below 12%. It also reflects our expectation that the
company will gradually improve its profitability and strengthen its
cash flow generation as it benefits from its restructuring program
and non-core asset sales.

"We could lower our ratings on General Cable by one notch in the
next 12 months if its EBITDA margin declines because of poor
operating performance or unforeseen market development and pushes
its EBITDA interest coverage below 1.5x. That could happen if
EBITDA fell to below $150 million in 2018.

"It is unlikely that we would upgrade General Cable over the next
12 months given our expectation that it will take more time for the
company to improve performance. However, we could upgrade the
company if it is able to reduce its debt leverage to less than 5x
and increase its FFO-to-debt ratio to more than 12% on a sustained
basis. That could happen if EBITDA increased to above $250 million
in 2018."


GENESIS DME: Disclosure Statement Hearing Set for Oct. 26
---------------------------------------------------------
The U.S. Bankruptcy Court for the District of Southern District of
Georgia is set to hold a hearing on October 26 to consider approval
of the disclosure statement, which explains the Chapter 11 plan for
Genesis DME, Inc.

The hearing will be held at 10:30 a.m., at the U.S. Courtroom,
Third Floor, Federal Building, Carswell Street, Waycross, Georgia.
Objections are due by October 19.

                        About Genesis DME

Genesis DME, Inc. filed a Chapter 11 petition (Bankr. S.D. Ga. Case
No. 16-50791), on Nov. 10, 2016.  The petition was signed by Donnie
L. Streat, Sr., president.  At the time of filing, the Debtor had
estimated $1 million to $10 million in both assets and liabilities.
The case is pending before the Hon. Michele J. Kim, who took over
following Judge John S. Dalis' retirement.  The Debtor is
represented by James C. McCallar, Jr., Esq., at the McCallar Law
Firm.


GERARD BOEH: Allowed to Continue Using Cash Collateral
------------------------------------------------------
The Hon. Gregory L. Taddonio of the U.S. Bankruptcy Court for the
Western District of Pennsylvania signed an order approving the
stipulated order authorizing Gerard Boeh Flowers, Inc.'s use of
cash collateral and granting adequate protection to the existing
lienholder.

A full-text copy of the Order, dated Sept. 19, 2017, is available
at https://is.gd/SvOWwf

As reported by the Troubled Company Reporter on Dec. 5, 2016, the
Court authorized the Debtor to use cash collateral of Huntington,
which made loan and advances to the Debtor pursuant to the terms of
two promissory notes, and security agreements securing all of the
Debtor's assets and commercial security agreement in favor of the
bank.  The Debtor had agreed to make an initial adequate protection
payment on or prior to entry of the Order, in the amount of $2,701
in certified funds, and to make monthly adequate protection
payments in the amount of $1,000 per month, on each promissory
note, starting Nov. 1, 2016.

                    About Gerard Boeh Flowers

Gerard Boeh Flowers, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. W.D. Pa. Case No. 17-22621) on June 27,
2017.  Gerard E. Boeh, president, signed the petition.  At the time
of the filing, the Debtor estimated assets of less than $50,000 and
liabilities of less than $500,000.  Stanley A. Kirshenbaum, Esq.,
in Pittsburgh, Pennsylvania -- sak@saklaw.com -- serves as counsel
to the Debtor.


GIBSON ENERGY: Notes Add-on No Impact on Moody's Ba2 CFR
--------------------------------------------------------
Moody's Investors Service says Gibson Energy Inc.'s Ba2 Corporate
Family Rating (CFR) is unchanged following the anticipated C$250
million add-on to its Ba2 rated 5.25% C$350 million unsecured notes
due 2024. All other ratings including the company's stable outlook
are also unchanged. Proceeds from the issuance will be used to
redeem the US$211 million senior unsecured notes due 2021.

"This is a credit positive move for Gibson because it will somewhat
lower its interest burden, push out the nearest term maturity by
three years, and closely match its Canadian currency cash flow to
debt," said Paresh Chari Moody's Assistant Vice President. "The
debt transaction will be leverage neutral to Gibson."

RATING RATIONALE

Gibson's Ba2 CFR reflects the company's small size and scale,
exposure to oil and gas prices, modest expected debt to EBITDA in
2017 and 2018 (3.5x and 3.8x) and distribution coverage (1x), and
price and volume risk in its Logistics and Wholesale segments, but
with an increasing focus on the more stable Infrastructure
business. The Logistics and Wholesale segments' profits declined in
2016 on the back of lower oil prices, but Moody's expects these two
segments to modestly recover going forward. Gibson's contracted
terminals and pipelines Infrastructure business has seen meaningful
growth over the last two years, and Moody's expects that growth to
continue as the company completes tank projects and directs over
90% of its capital expenditures towards this segment. The growth in
the Infrastructure segment will help to mitigate the volatility in
the Logistics and Wholesale segments. The rating favorably
considers the reduction in business risk as the long-term fee based
contracted terminals and pipeline business grows to represent over
65% of EBITDA in 2017 and 2018, an increase from about 40% in
2015.

Under Moody's Loss Given Default (LGD) Methodology, the senior
unsecured notes are rated Ba2, at the CFR, because almost the
entire capital structure is senior unsecured including the C$500
million revolving credit facility. The unrated C$100 million
unsecured subordinated convertible debentures rank behind all of
the debt in the capital structure.

The rating could be upgraded if EBITDA grows towards C$700 million,
debt to EBITDA remained below 3.5x and distribution coverage
remained above 1.3x .

The rating could be downgraded if debt to EBITDA was likely to
remain above 4x or if distribution coverage was likely to remain
below 1x.

Gibson Energy Inc. is a Calgary, Alberta based midstream energy
company that is engaged in the movement, storage, blending,
processing, marketing and distribution of crude oil, condensate,
natural gas liquids (NGLs), water, oilfield waste and refined
products.

The principal methodology used in these ratings was Midstream
Energy published in May 2017.


GROSS FAMILY: Asks Court to Approve Disclosure Statement
--------------------------------------------------------
Gross Family, LLC, asked the U.S. Bankruptcy Court for the District
of New Jersey to conditionally approve its disclosure statement.

In its application, the company also asked the court to schedule a
combined hearing for final approval of the disclosure statement and
confirmation of its Chapter 11 plan.

Under U.S. bankruptcy law, the proponent of a Chapter 11 plan must
get court approval of its disclosure statement to begin soliciting
acceptances from creditors.  The document must contain adequate
information to enable creditors to make an informed decision about
the plan.

The company filed its disclosure statement on September 19.

Gross Family is represented by:

     Stephen B. McNally, Esq.
     McNally & Associates, L.L.C.
     93 Main Street, Suite 201
     Newton, NJ 07860
     Tel: (973) 300-4260
     Fax: (973) 300-4264
     Email: steve@mcnallylawllc.com
            sue@mcnallylawllc.com

                     About Gross Family LLC

Gross Family, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.J. Case No. 17-11028) on January 18,
2017.  Richard Gross, managing member, signed the petition.  

Judge Vincent F. Papalia presides over the case.  McNally &
Associates, L.L.C. represents the Debtor as bankruptcy counsel.

At the time of the filing, the Debtor disclosed $582,650 in assets
and $1 million in liabilities.


GROTE MOLEN: Shareholders Elect Seven Directors to Board
--------------------------------------------------------
Grote Molen, Inc., announced the reelection of Robert Graham, John
Hayes and Robert Lentz to the Board of Directors and the election
of new board members Allen J. Kosowsky, Thomas Bruderman and Robert
Zahm.  At the annual meeting, the shareholders also approved all
proposals before them including the company's official name change
from Grote Molen, Inc., to BlackRidge Technology International,
Inc., and appointed Pritchett, Siler & Hardy, PC, as the company's
independent registered public accounting firm.

The new board members are Robert (Bob) Zahm of Whiz Bang
Consulting; Thomas (Tom) Bruderman, founder and managing partner at
MAG Ventures and VP Theta Management; and accounting expert J.
Allen Kosowsky, CPA, PC.

"We're excited for Bob, Tom, and Allen to join us in charting
BlackRidge's future," said Robert (Bob) Graham, CEO of BlackRidge.
"With the investment and financial insight of Tom and Allen as well
as Bob's track record as a technology innovator, we are well
positioned to expand our cyber security virtual and software
products into commercial, military, and government sales channels
and leverage existing marketing activities."

Bob Zahm, of Rye, N.Y., is co-inventor of three software-related
U.S. patents and has expertise with large-scale system
architecture, high-performance computing, capital markets trading
and clearing systems, and technology organization optimization.

That experience, Graham said, gives Zahm unique insight into
BlackRidge's new approach to cyber defense, which can stop
cyber-attacks and protect against insider threats at the earliest
possible time, on the first packet before network sessions are
established.  The technology provides the equivalent of secure
caller ID for the network, allowing only identified and authorized
users or devices access to enterprise and cloud systems.
Zahm worked for 23 years as a management and technology consultant
with Accenture before launching his independent Whiz Bang
Consulting business in 2010.  Zahm holds a B.S. in computer
engineering from the University of Michigan, a M.S. in computer
science from Lehigh University, and an M.B.A. in accounting from
the University of Pittsburgh.

Tom Bruderman brings with him more than 25 years of experience in
finance and asset management, most recently at the alternative
asset strategies he helped to found: VP Theta Management is a
public equity hedge fund, while MAG Ventures is an early- to
mid-stage venture fund.  Previously at Fidelity Investments,
Bruderman served as Senior Equity Trader and was responsible for
trading, personnel management, and investment research and
analysis.  He also worked as managing director of Equity Securities
at Merit Capital, a Connecticut-based boutique Investment Bank.
Bruderman serves on the boards of Powercast, Champion Technology
Company, Flyp, and Battlefin; is board adviser to Acacia Research
Corporation and PNA Innovations; and holds a B.S. in finance from
Providence College.

Allen Kosowsky, of Shelton, Conn., has worked as COO / CFO for two
mid-cap companies and served on five boards of directors.  He is a
forensic accountant and a SOX-qualified audit chair, as well as an
independent financial expert for SEC and NYSE purposes.  Among
Kosowsky's many certifications and accreditations, he is a CPA and
Certified Valuation Analyst, is certified in Financial Forensics
(AICPA), and is a Certified Fraud Examiner, Accredited Business
Valuator (AICPA), Personal Financial Specialist (AICPA), Tax
Specialist, and Arbitrator with The American Arbitration
Association.  Kosowsky received his bachelor of science degree from
American International College in Springfield, Mass., and is a
Wharton Fellow.

"BlackRidge Technology offers the senior executive and board of
directors a robust and cost-effective cyber defense solution that
reduces the overall business risk from cyber and insider threats,"
said Kosowsky who will serve as the lead independent director.

"BlackRidge gives a corporation a way to set access policies to
assure that their enterprise and cloud systems are accessed and
used only by authorized personnel, to meet compliance requirements
while also stopping intrusions and providing analytics to CIOs on
unauthorized access," Kosowsky said.  "I am pleased to join the
board of directors of BlackRidge as the Lead Independent Director
and Audit Committee chair to provide my extensive accounting,
financial, and risk management expertise."

                   About BlackRidge Technology

BlackRidge Technology, formerly known as Grote Molen Inc. --
http://www.blackridge.us/-- provides a next generation cyber
defense solution that stops cyber-attacks and blocks
unauthenticated access.  The Company's patented First Packet
Authentication technology was developed for the military to cloak
and protect servers and segment networks. BlackRidge Transport
Access Control authenticates user and device identity and enforces
security policy on the first packet of network sessions.  This new
level of real-time protection blocks or redirects unidentified and
unauthorized traffic to stop attacks and unauthorized access,
isolates systems and segments networks, and provides identity
attribution.  BlackRidge was founded in 2010 to commercialize its
military-grade and patented network security technology.

Pritchett, Siler & Hardy, P.C., issued a "going concern"
qualification in its report on the consolidated financial
statements of Grote Molen for the year ended Dec. 31, 2016, stating
that the Company has incurred losses and negative cash flows from
operations.  These factors raise substantial doubt about the
ability of the Company to continue as a going concern.

Grote Molen reported a net loss of $259,447 on $1.01 million of
total revenues for the year ended Dec. 31, 2016, compared to a net
loss of $52,120 on $1.53 million of total revenues for the year
ended in 2015.

As of June 30, 2017, Blackridge had $7.83 million in total assets,
$22.59 million in total liabilities and a total stockholders'
deficit of $14.75 million.

"Based on our current business plan, we anticipate that our
operating activities will use approximately $175,000 in cash per
month over the next twelve months, or $2.1 million.  Currently we
do not have enough cash on hand to fully implement our business
plan, and will require additional funds within the next year.  We
believe that our operations will not begin to generate significant
cash flows until the fourth quarter of 2017," said the Company in
its June 30, 2017, quarterly report.  

"In order to remedy this liquidity deficiency, we are actively
seeking to raise additional funds through the sale of equity and
debt securities, and ultimately plan to generate substantial
positive operating cash flows.  Our internal sources of funds will
consist of cash flows from operations, but not until we begin to
realize substantial revenues from sales.  If we are unable to raise
additional funds in the near term, we may not be able to fully
implement our business plan, and it is unlikely that we will be
able to continue as a going concern."


GUITAR CENTER: Moody's Lowers Corporate Family Rating to B3
-----------------------------------------------------------
Moody's Investors Service downgraded Guitar Center Inc.'s (GCI)
ratings. The company's Corporate Family Rating was downgraded to B3
from B2, and its Probability of Default Rating was downgraded to
B3-PD from B2-PD. At the same time, GCI's senior secured first lien
notes was downgraded to B3 from B2 while its unsecured notes were
downgraded to Caa2 from Caa1. All of GCI's ratings were also placed
on review for downgrade.

"The downgrade, along with the possibility of a further downgrade,
reflects Moody's concerns regarding GCI's significant and
relatively near-term debt maturities," stated Keith Foley, a Senior
Vice President at Moody's. "Excluding the company's $375 million
asset-backed loan facility, approximately 65% of the company's
long-term debt matures in about 18 months," added Foley.

RATINGS RATIONALE

GCI's $375 million asset-based credit facility (not-rated) matures
on April 2, 2019. The company's $615 mil 6.5% senior secured 1st
lien notes mature on April 15, 2019. GCI's $325 million 9.625%
senior unsecured notes do not mature until 2020.

GCI technically still has about 18 months to refinance these debt
obligations, and Moody's expects the company's operations will be
stable. However, Moody's believes the more compressed that time
period becomes from this point on, the more challenging it will be
for GCI to address its debt maturity profile particularly in light
of the key challenges faced by the company. These challenges
include the company's high leverage -- debt/EBITDA on a Moody's
adjusted basis is about 6.2 times -- limited revenue visibility
regarding the retail environment for musical instruments, and
modest free cash flow. Although Moody's believes GCI will generate
free cash flow during the next 12-18 months, and that the company's
operations will be stable, Moody's does not believe this will be
enough to materially reduce debt and improve leverage within the
time frame the company has to address its debt maturities.

Moody's review will focus on GCI's near-term refinancing efforts,
particularly with respect to the company's ability to extend its
debt maturity profile and obtain terms and pricing terms that will
enable it to compete in the specialty retail environment over the
longer-term. The degree of any downgrade will depend on Moody's
assessment of GCI's refinancing plans and opportunities at various
points going forward.

Ratings downgraded and placed on review for further downgrade:

Corporate Family Rating, to B3 from B2

Probability of Default Rating, to B3-PD from at B2-PD

$615 mil 6.5% senior secured 1st lien notes due 2019, to B3 (LGD3)
from B2 (LGD3)

$325 million 9.625% senior unsecured notes, to Caa2 (LGD5) from
Caa1 (LGD5)

Outlook, changed to Rating Under Review From Negative

GCI is the largest retailer of music products in the United States
based on revenues. GCI is a wholly-owned subsidiary of Guitar
Center Holdings, Inc. The company has three reportable business
segments, comprised of Guitar Center, Musician's Friend and Music &
Arts. GCI is a private company and does not publicly disclose
detailed financial information.


GV HOSPITAL: Given Until October 31 to Obtain Plan Confirmation
---------------------------------------------------------------
GV Hospital Management, LLC and its debtor-affiliates sought and
obtained from the U.S. Bankruptcy Court in Arizona an extension of
their exclusivity period to obtain confirmation of their Amended
Plan through and including October 31, 2017.

The Debtors sought an extension on the grounds that they are very
close to achieving confirmation of a consensual plan considering
that they have already reached agreement with most of the affected
creditors and should be in a position to confirm the Amended Plan
promptly once the issues raised by GE Healthcare's amended proofs
of claim are resolved.

On June 15, 2017, well within the 120-day exclusivity, the Debtors
and secured creditor Green Valley Medical Investments, LLLP, filed
their Joint Plan of Liquidation.  To address a number of concerns
raised by creditors and interested parties, the Debtors and Green
Valley Medical filed their First Amended Joint Plan of Liquidation
on July 31.

The Debtors and Green Valley then worked hard to address the
remaining concerns voiced by creditors and interested parties, and
negotiated a number of consensual changes to the Amended Plan.

The Debtors and Green Valley believed they had resolved all of the
objections and concerns and would be in position to present a
consensual plan to the Court.  Until, GE Healthcare filed five
amended proofs of claim in the aggregate amount of approximately
$723,594 on September 8 -- almost four months after the claims bar
date passed, and approximately six days before the initial plan
confirmation hearing on September 14.

In each proof of claim, GE Healthcare asserted a security interest
in a number of items of hospital equipment. Then, on September 13,
GE Healthcare filed an objection to confirmation of the Amended
Plan, asserting that its claims had not been properly classified or
treated. On the same day, the Debtors also filed an objection to
the amended proofs of claim, arguing that they were untimely and
that GE Healthcare had not attached any written evidence of its
alleged security interest in the Debtors' property.

At the initial plan confirmation hearing, the Court issued an order
on September 15, 2017, giving GE Healthcare until September 22 to
produce evidence of its claimed security interest. The Court also
set a status conference for September 26.

The Debtor argued that all of this new activity caused by GE
Healthcare's sudden and unexpected assertion of a secured claim
will make it difficult, if not impossible, for them to confirm the
Plan by September 30.  For instance, the Debtor explained that if
the amended proofs of claim are allowed, it is likely that either
the Debtors or GE Healthcare will ask the Court to value the
collateral. It is also likely that the Debtors will have to amend
the Plan to provide appropriate treatment for GE Healthcare's
secured claims, which may involve the renegotiation of the
treatment of other classes of claims.

The Debtors assert that even if all of this is done on an expedited
basis, it is unlikely to be accomplished within the existing
exclusivity period. Accordingly, an extension is appropriate, given
the Debtors' hard work and good faith efforts to obtain
confirmation within the exclusivity period and their inability to
control whether or when GE Healthcare would file amended claims.

                About GV Hospital Management LLC

Green Valley Hospital -- http://www.greenvalleyhospital.com/-- is
a licensed and general acute care hospital open 24 hours a day,
seven days a week.  It cost more than $75 million to construct and
equip.  The facility opened in May 2015.  The hospital is a 49-bed
general acute care hospital with a 12-bed emergency department. The
hospital currently has 337 employees and has credentialed over 232
physicians on its medical staff.

GV Hospital Management, LLC dba Green Valley Hospital, and its
affiliates Green Valley Hospital, LLC dba Green Valley Hospital and
GV II Holdings, LLC, filed Chapter 11 petitions (Bankr. D. Ariz.
Case Nos. 17-03351, 17-03353 and 17-03354, respectively) on April
3, 2017.  Grant Lyon, chairman of the Board, signed the petitions.
The cases are jointly administered.

GV Hospital Management estimated $50 million to $100 million in
assets and liabilities. Green Valley Hospital estimated $1 million
to $10 million in assets and up to $100 million in liabilities.  GV
II Holdings estimated under $1 million in assets and $50 million to
$100 million in liabilities.

The cases are assigned to Judge Scott H. Gan.

The Debtors are represented by S. Cary Forrester, Esq., and John R.
Worth, Esq., at Forrester & Worth, as bankruptcy counsel.  The
Debtors hired Edwards Largay Mihaylo & Co., PLC as tax accountant.

The Office of the U.S. Trustee on May 17 appointed an official
committee of unsecured creditors.  The committee hired Perkins Coie
LLP as bankruptcy counsel.


HANISH LLC: Allowed to Continue Using Phoenix REO Cash Collateral
-----------------------------------------------------------------
Judge Bruce A. Harwood of the U.S. Bankruptcy Court for the
District of New Hampshire authorized Hanish, LLC, to use Phoenix
REO, LLC's cash and non-cash collateral on a sixth interim basis
solely to pay its ordinary and necessary business expenses as set
forth on the budget.

The Budget provides total operating expenses in the amount of
$335,662, including total hotel expenses of $458,725, covering the
months of October through December 2017.

The Debtor is liable to Phoenix REO in the amount of $6,732,462, as
of the Petition Date.  The claim is secured by a valid, perfected,
and unavoidable first priority security interest in the collateral
and will constitute an allowed secured claim to the extent provided
for under the Bankruptcy Code.

As adequate protection for any diminution in the value of the
Phoenix REO's cash and non-cash collateral:

   (a) Phoenix REO is granted a security interest to the extent of
any diminution in the value of Phoenix REO's cash and non-cash
collateral in all of the Debtor's post-petition assets;

   (b) If and to the extent the collateral used by the Debtor
results in Postpetition Shortfall, then Phoenix REO will have a
claim in the amount of the Postpetition Shortfall which will have
priority over all other claims entitled to priority under the
Bankruptcy Code, with the sole exception of quarterly fees due to
the U.S. Trustee;

   (c) The Debtor will maintain all necessary insurance, and obtain
such additional insurance in an amount as is appropriate for the
business in which the Debtor is engaged, naming Phoenix REO as loss
payee, additional insured, and mortgagee with respect thereto.

   (d) Phoenix REO will have the right to inspect the collateral
and the Mortgaged Property, as well as the Debtor's books and
records;

   (e) The Debtor will pay any and all taxes, municipal charges, or
other amounts accruing upon or with respect to the collateral from
and after the Petition Date;

   (f) The Debtor will maintain the collateral in good condition
and will not permit waste to occur with respect to the collateral;
and

   (g) The Debtor will make payments to Phoenix REO in good and
collected funds in an amount equal to $30,000 each for application
to the claim in accordance with the Loan Documents (which payments
will be subject to reallocation by the Court after notice and a
hearing).

The Debtor's right to use its assets and to use the Phoenix REO's
cash and non-cash collateral will terminate upon the earliest of:

     (A) Dec. 31, 2017;

     (B) The Debtor's failure to maintain all necessary insurance;
or

     (C) At Phoenix REO's option, upon the occurrence of any of
these termination event:

        (1) The breach by the Debtor of any of the terms,
conditions, or covenants of the Order;

        (2) The Debtor's failure to file a motion with the Court on
or before Oct. 6, 2017 seeking approval for the Debtor to enter
into an agreement with a third-party broker to list, market, and
sell the Mortgaged Property, which agreement will be upon terms and
conditions reasonably acceptable to the Phoenix REO;

        (3) The Debtor's failure to list the Mortgaged Property for
sale with at least one third party broker or listing agent on or
before October 13, 2017;

        (4) The appointment of a Trustee for the Debtor pursuant to
the Bankruptcy Code;

        (5) The conversion of the Debtor's Case to a case under
Chapter 7 of the Bankruptcy Code;

        (6) The dismissal of the Debtor's Case;

        (7) The appointment of an examiner with any of the powers
of a Trustee for the Debtor; or

        (8) The allowance of a Motion for Relief from the Automatic
Stay allowing a creditor of the Debtor to foreclose upon or take
possession of any material asset owned or leased by the Debtor.

A new motion for the use of cash collateral during the 7th interim
period will be filed with the Court on or before December 6, 2017.
Any objections to said motion must be filed by December 13, with a
hearing on said motion and the further use of cash collateral will
be held on December 20, 2017 at 2:00 p.m.

A full-text copy of the Order, dated September 21, 2017, is
available at https://is.gd/XNWW0A

                       About Hanish, LLC

Hanish, LLC, owns and operates a 59-unit Fairfield Inn & Suites by
Marriott in Hooksett, N.H.  The Company sought Chapter 11
protection (Bankr. D.N.H. Case No. 16-10602) on April 26, 2016, and
is represented by Steven M. Notinger, Esq., at Notinger Law, PLLC.
The petition was signed by Nayan Patel, managing member.  Judge
Bruce A. Harwood presides over the case.  The Debtor estimated its
assets and debt at $1 million to $10 million at the time of the
filing.


IAC/INTERACTIVECORP: Upsized Notes No Impact on Moody's Ba2 CFR
---------------------------------------------------------------
Moody's Investors Service said IAC/InterActiveCorp's Ba2 Corporate
Family Rating (CFR), existing debt ratings and stable outlook are
not presently impacted by the company's announcement that it has
increased the size of its 0.875% Exchangeable Senior Notes to $450
million from $400 million. However, Moody's cautions that further
increases in debt without a commensurate increase in EBITDA would
likely result in a ratings downgrade.

Headquartered in New York, N.Y., IAC/InterActiveCorp is a leading
media and internet company that owns more than 150 internet-based
brands and products.


ILLINOIS STAR: Plan Exclusivity Deadline Moved to Oct. 31
---------------------------------------------------------
The Hon. Laura K. Grandy of the U .S. Bankruptcy Court for the
Southern District of Illinois extended Illinois Star Centre LLC's
Plan Filing Deadline and Plan Filing Exclusive Period through
October 31, 2017; and the Plan Acceptance Exclusive Period through
January 2, 2018.

The Troubled Company Reporter has previously reported that the
Debtor sought exclusivity extension, citing its pending
negotiations with its tenants and ongoing litigation with its
largest potential creditor.

                   About Illinois Star Centre

Illinois Star Centre LLC owns the Illinois Star Centre Mall located
at 3000 W. Deyoung Street, Marion.  The mall, which is valued at
$5.5 million, offers more than 50 stores and restaurants and serves
the Southern Illinois Community with events that showcase local
talent.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Ill. Case No. 17-30691) on May 4, 2017.  The
petition was signed by Empire Tax Corp. by Dennis D. Ballinger,
Jr., its managing member.

At the time of the filing, the Debtor disclosed $5.6 million in
assets and zero liability.

The case is assigned to Judge Laura K. Grandy.  Carmody MacDonald,
P.C. represents the Debtor as bankruptcy counsel.  The Debtor hired
Hoffman Slocomb LLC, as its special counsel.

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


INVISTA EQUITIES: S&P Assigns 'BB+' CCR, Outlook Stable
-------------------------------------------------------
S&P Global Ratings assigned its 'BB+' corporate credit rating to
INVISTA Equities LLC. All issue-level and recovery ratings at the
INVISTA B.V. level are unchanged. The outlook is stable.

INVISTA Equities LLC is a newly created parent holding company of
INVISTA B.V. (BB+/Stable) and its subsidiaries. Koch Industries
Inc. is the ultimate owner of INVISTA B.V. and INVISTA Equities.

S&P said, "Our rating reflects INVISTA Equities' role as a new
parent holding company for INVISTA B.V. and all its subsidiaries.
"The rating considers that there is no change in Koch Industries'
ultimate ownership of the business. We view the business profile as
unchanged and unaffected by the creation of the new holding company
INVISTA Equities LLC, including the business' largely commodity
products and exposure to potential swings in volatile oil prices.
This is somewhat offset by the favorable long-term trends for the
company's nylon 6,6 product, including increasing nylon content in
autos, a growing presence in engineering polymers markets, and
greater demand for high-performance branded apparel fibers. The
rating also reflects our expectation that despite the potential for
volatility in earnings, the key weighted-average ratio of FFO to
debt will be in the 30%-45% range.

"The stable outlook reflects our view for supportive demand growth
trends, including positive GDP growth in the key U.S. market, where
the company generates a substantial portion of its revenues. We
also assume steady GDP growth in its Asian markets, where the
company generates a large portion of its revenue. In the next 12
months at least, we anticipate relatively stable oil prices that
should result stable prices for the company's largely commodity
inputs. We do not in our base case assume the unexpected volatility
of 2015, when oil prices dropped sharply and EBITDA declined by
over 30%. We consider a weighted-average FFO-to-debt ratio of
30%-45% over the next 12 months as appropriate for the ratings.

"We could lower the ratings in the next 12 months if a severe
economic downturn or very poor industry conditions cause free
operating cash flow to be significantly negative for an extended
period, without any offsetting cash inflows, stressing cash flow
and leverage measures more than we expect, or significantly eroding
liquidity. We could lower the ratings if additions to debt for
capital expansion, for example, are so significant that FFO to debt
appears likely to drop and remain below 20%. Although unlikely
given our current assessment of INVISTA's relationship to its
corporate group, a downgrade could also occur if we no longer view
INVISTA as having strategic importance to Koch.

"In view of industry cyclicality, expected earnings and cash flow
generation, and a potential increase in debt to fund capital
spending, we regard an upgrade as unlikely during the next year.
However, if the company's capital spending or associated
debt-financing is significantly lower than we expect and FFO to
debt appears likely to remain above 45%, we could assess the
financial risk profile more favorably, resulting in a modest
upgrade. We could also raise the ratings if INVISTA receives
material equity from Kochto finance these expenditures, causing us
to reassess the financial risk profile and INVISTA's strategic
importance to Koch. Successful longer-term capital expansion or new
product introductions could enhance the business or financial risk
profiles, prompting us to raise the ratings."


IO METRO: Sale of Dallas Property Lease to Gilliland for $135K OK'd
-------------------------------------------------------------------
Judge Stacey G. C. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas authorized I.O. Metro, LLC, doing
business as Erdos at Home (i) to sell its lease at 4531 McKinney
Ave., Dallas, Texas to landlord Gilliland Properties II, Ltd., for
$135,000; and (ii) to assume and assign all of its interests and
rights pursuant to or under the Lease to the Landlord.

The Sale Hearing was held on Sept. 25, 2017.

The Lease and all of the Debtor's rights or interests held pursuant
to or related to the Lease, will be transferred to Purchaser free
and clear of all Liens, with all such Liens, if any, to attach to
the net proceeds of the Sale.

The Lease is assumed and assigned and the Debtor is authorized and
directed to assign to the Purchaser the Lease.  The Debtor will not
have any liability for any obligations under the Lease upon and
after the entry of the Order.

The sale proceeds will be deposited into the Debtor's DIP Account.

Notwithstanding Bankruptcy Rules 6004(h) and 6006(d), the Order
will not be automatically stayed, but will be effective and
enforceable immediately upon the entry of the Order.

                         About I.O. Metro

I.O. Metro LLC, doing business as Erdos at Home, is a
privately-held retailer of consumer furniture with its headquarters
in Dallas, Texas.  It operates 13 retail outlets in seven states
and has one distribution center in Arkansas.

I.O. Metro sought bankruptcy protection (Bankr. N.D. Tex. Case No.
17-31607) on April 21, 2017.  Gregg Stewart, the CRO, signed the
petition.  The Debtor estimated total assets of $1 million to $10
million and total liabilities of $10 million to $50 million.

The Hon. Stacey G. Jernigan oversees the case.

The Debtor hired Shapiro Bieging Barber Otteson LLP and Saul Ewing
LLP as its counsel.


ITUS CORP: Stockholders Elect Five Directors
--------------------------------------------
An annual meeting of stockholders of ITUS Corporation was held on
Sept. 22, 2017, at which the stockholders elected Dr. Amit Kumar,
Bruce Johnson, Dr. John Monahan, Lewis H. Titterton, Jr. and
Richard H. Williams to the Board of Directors, each to serve for a
one-year term that expires at the 2018 Annual Meeting of
Stockholders, and until their successors are elected and qualified.
The Stockholders also ratified the appointment of Haskell & White
LLP, an independent registered public accounting firm, as the
Company's independent auditors for fiscal year 2017.  

                   About ITUS Corporation

ITUS Corp. -- http://www.ITUScorp.com/-- funds, develops,
acquires, and licenses emerging technologies in areas such as
biotechnology.  Formerly known as CopyTele, the Company is
developing a platform called Cchek, a series of non-invasive, blood
tests for the early detection of solid tumor based cancers, which
is based on the body's immunological response to the presence of a
malignancy.  CopyTele changed its name to "ITUS Corporation" on
Sept. 2, 2014, to reflect the Company's change in its business
operations.

Haskell & White LLP, in Irvine, California, issued a "going
concern" qualification on the Company's consolidated financial
statements for the year ended Oct. 31, 2016, citing that the
Company has limited working capital and limited revenue-generating
operations and a history of net losses and net operating cash flow
deficits.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.

ITUS Corp reported a net loss of $5.01 million on $300,000 of total
revenue for the year ended Oct. 31, 2016, compared to a net loss of
$1.37 million on $9.25 million of total revenue for the year ended
Oct. 31, 2015.

As of July 31, 2017, ITUS had $8.41 million in total assets, $2.92
million in total liabilities and $5.48 million in total
shareholders' equity.


JAMES WILSON: Asks Court for Conditional Approval of Plan Outline
-----------------------------------------------------------------
James Wilson Company asks the U.S. Bankruptcy Court for the Eastern
District of Tennessee to conditionally approve its disclosure
statement and to extend the time to obtain confirmation of the plan
of reorganization.

                   About James Wilson Company

James Wilson Company filed a Chapter 11 bankruptcy petition (Bankr.
E.D. Tenn. Case No. 16-15034) on Nov. 20, 2016, disclosing under $1
million in both assets and liabilities.  The Debtor is represented
by Miller & Martin PLLC.


JASON MAZZEI: Van Ho Buying Wilkes-Barre Property for $19K
----------------------------------------------------------
Jason J. Mazzei asks the U.S. Bankruptcy Court for the Western
District of Pennsylvania to authorize the sale of his residential
building in Wilkes-Barre, Pennsylvania, to Danny Van Ho for
$19,000.

A hearing on the Motion is set for Oct. 12, 2017 at 10:30 a.m.

Among the Debtor's assets is the residential building located at
119 Wood Street, Wilkes-Barre, Pennsylvania, Tax ID No.
H9SE4-015-009.  He owns the property as evidenced by the deed
recorded in the Luzerne County Courthouse.

The Debtor has engaged the services of a local real estate broker
to assist with the local marketing and showings of this building.
A motion to approve the retention of said agent is pending before
the Court.

The local real estate agent found the Buyer for the property on
behalf of the Debtor.  The Debtor and the Purchaser have entered
into an agreement of sale, whereby the Seller has agreed to sell
and the Purchaser has agreed to purchase the real property.  The
Purchaser will pay $19,000 for said property.  There are no secured
mortgage liens against the property.  

Any remaining net proceeds of the sale after tax claims are
provided for will be used to pay other secured, priority and
unsecured creditors in the case pursuant to the terms of the
Debtor's Chapter 11 Plan until such time all allowed creditors have
received a 100% distribution.  The settlement date per the Purchase
Agreement is scheduled for Sept. 26, 2017.

The sale of the real estate is an "as is" sale and free and clear
of all liens and encumbrances and claims against the Debtor.  In
order to convey good title, it will be necessary that all these
interests, claims and encumbrances be divested as liens against the
real property and shifted to the funds realized from the sale.  The
Debtor reserves the right to challenge the validity of any lien or
claim at the time of distribution.

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

   http://bankrupt.com/misc/Jason_Mazzei_185_Sales.pdf

The Debtor asks that the settlement officer be authorized to make
the following disbursements: (i) payoff of any existing real estate
tax liens, if any; (ii) all real estate transfer stamps; (iii)
broker commission payable to Berkshire Hathaway Home Services Poggi
Realtors; (iv) Court approved attorney fees, if any; (v) any other
closing items necessary to consummate this transaction, including
but not limited to deed preparation and recording fees, notary
fees, etc.; and (vi) the balance of the net proceeds payable to any
secured and priority creditors in the case, with the remainder to
be paid to allowed unsecured creditors until such time as payments
are made equal to a 100% distribution.  The Debtor reserves the
right to challenge the validity of any lien or claim at the time of
distribution.

The sale is subject to the approval of the Bankruptcy Court.  

The Debtor says the sale will help him consummate his Chapter 11
Plan of Reorganization.  The sale is made in connection with, and
pursuant to, the Debtor's Chapter 11 Plan.

Jason Mazzei is a licensed real estate agent currently conducting
business at 416 East Second Avenue, Tarentum, Pennsylvania.  Mr.
Mazzei sought Chapter 11 protection (Bankr. W.D. Pa. Case No.
16-24827) on Dec. 30, 2016.  The Debtor tapped Albert G. Reese, Jr,
Esq., at Law Office of Albert G. Reese, Jr.


KABBALAH TAXI: Bethpage Federal Objects to Cash Collateral Use
--------------------------------------------------------------
The Bethpage Federal Credit Union asks the Hon. Vincent F. Papalia
to deny the request of Kabbalah Taxi Inc., and its
debtor-affiliates to use cash collateral.

If the Court is inclined to grant the Debtors limited use of cash
collateral, BFCU says any such use should only be on an interim
basis and for no more than 30 days, without prejudice to any and
all rights of BFCU, and that at a minimum certain controls should
be imposed over the Debtors and their principal, Evgeny Freidman.

According to BFCU, the Debtors should be directed to:

     (i) immediately open debtor-in-possession bank accounts and
         immediately deposit into accounts any and all cash on
         hand, and, after September 26, 2017, all Proceeds of the
         Collateral (whether the Proceeds were generated by a
         Medallion affixed to a vehicle owned by any of the
         Debtors or not) net of operating expenses as set forth
         in a budget to be approved by BFCU and the Court; and

    (ii) immediately provide to BFCU and the Court an accounting
         of all Proceeds since July 30, 2014 that were: (1)
         collected and/or; (2) spent by or on behalf of each of
         the Debtors.

BFCU says Freidman and all management companies owned and/or
managed, in whole or in part, by him, including, without
limitation, Woodside Management Inc., Twenty Eighth Street
Management Inc., Downtown Taxi Management LLC, Tunnel Taxi
Management LLC and Taxi Club Management Inc., should be directed
to:

     (i) immediately turnover to the Debtors all Net Medallion
         Proceeds collected; and

    (ii) immediately provide to BFCU and the Court an accounting
         of all Proceeds since July 30, 2014 that were: (1)
         collected; and/or (2) spent on behalf of each of the
         Debtors.

BFCU tells the Court that the Debtors and their principal,
Freidman, by now have a long and established history demonstrating
"an alarming unfitness" to act as fiduciaries in bankruptcy
proceedings or operate taxicab businesses. Suffice it to say, the
last thing the Debtors should be permitted is the use of BFCU's
cash collateral as long as Freidman has any involvement with the
Debtors.

BFCU recounts that Freidman in July 2015 filed Chapter 11
bankruptcy cases for 22 of his other companies, which were engaged
in virtually the identical business of these Debtors -- In re:
Hypnotic Taxi LLC, 15-43300, Bankr. E.D.N.Y.

"Those cases ended in disaster for those debtors and Freidman, as
Bankruptcy Judge Carla Craig found that Freidman had transferred
$60 million to his offshore trusts in order to defraud creditors
(and that the badges of fraud were numerous and glaring) and that
his testimony was totally lacking in credibility,
self-contradictory, evasive, and strained credulity," BFCU reminds
the Court.

The Creditors Committee also sued Freidman and one of his taxicab
management companies, Taxi Club Management, LLC, alleging
self-dealing, breach of fiduciary duty, breach of duty of care,
breach of duty of loyalty, actual fraudulent transfers, conversion,
and other claims.

"The Hypnotic cases ultimately were converted to Chapter 7 in
September 2016 so that a Trustee could be appointed (which came on
the heels of Freidman and those debtors threatening to abandon 46
taxicabs on a public street in Long Island City and cancel all
insurance on them -- surely not the behavior expected from one
charged with acting as a fiduciary for a debtor-in-possession),"
BFCU says.

Defendant Taxi Club is the same entity that paid the Kabbalah Taxi
Debtors' $100,000 retainer in these cases.  The Kabbalah Taxi
Debtors did not disclose whether Taxi Club (an insider) paid the
retainer gratuitously, whether the Debtors are required to repay
Taxi Club, or any other detail about the retainer.  It is unclear
whether Taxi Club is licensed to act as a taxicab medallion agent
and where it obtained the funds to pay the Debtors' retainer.  It
is also unclear whether Taxi Club is still operating.

With the EDNY Filings ending in unmitigated disaster for those
debtors and Freidman, it is no wonder that for his next taxicab
bankruptcy filings, Freidman chose to avoid the Eastern District of
New York, BFCU relates.  Freidman filed bankruptcy cases in the
Southern District of New York (In re: Red Bull Taxi Inc., Case No.
16-13153 and In re: Taxopark Inc., Case No. 16-13570.

In the Red Bull case, after remarking that the debtor and Freidman
had failed to ever produce a lease pursuant to which the debtor
leased medallions to Freidman's management company and that such
management company appeared to be unlicensed by the NYC Taxi &
Limousine Commission, the Court in May 2017 converted the case to
Chapter 7.

The Taxopark case was converted to Chapter 7 the following month.

Having been exposed in the SDNY and the EDNY, Freidman now tries
his hand in the District of New Jersey, filing yet more of his
companies for bankruptcy in June 2017, and the Debtors' cases (and
others) on August 29, 2017, in an obvious display of impermissible
forum shopping.

"Including the 13 Debtors in these cases, Freidman has now caused a
staggering 107 of his taxicab companies to file for bankruptcy in
three different Bankruptcy Courts," BFCU says.  Freidman's First
Day Declaration offers the flimsiest of connections to New Jersey
-- the taxicabs (which may or may not even be owned by the Debtors,
according to the Declaration's doublespeak) allegedly pick up fares
in both New York and New Jersey and some of the drivers of the
taxicabs live in New Jersey.

"There is nothing to suggest that the outcome of these cases will
be any better than the EDNY and SDNY Filings. Not only are
medallion values (including the Medallions, i.e. BFCU's collateral)
in an absolute freefall, but, according to the Debtors' own numbers
in the Declaration, based on the amount of monthly net income the
Debtors supposedly realize ($1,300 per month, as unilaterally and
arbitrarily determined by Freidman), it would take the Debtors more
than 46 years to pay just the face amount of the secured notes owed
to BFCU (to say nothing about purported unsecured creditors --
about whom next to nothing is known since the Declaration fails to
quantify any of such claims).

BFCU contends that, according to the Debtors' own calculations,
each of the 26 Medallions generates $1,300 per month in net
revenue, which equates to a total of $33,800 per month. As of April
14, 2017, BFCU is owed not less than $18,757,991.82 from the
Debtors.  The debt is secured by all of the Debtors' Equipment,
Inventory, Medallions, Receivables, Related Contracts.  The amount,
divided by $33,800, equals almost 555 months (i.e. over 46 years).

BFCU relates that Bankruptcy Judge Vyskocil found that a virtually
identical computation in the Red Bull case warranted conversion to
Chapter 7 under Sec. 1112(b)(4)(A).  "Assuming that the Debtor
devoted its entire revenue stream solely to paying Capital One's
claim, it would take nearly 28 years just to pay the face amount of
Capital One's claim. [. . .] This payment schedule would not
include the payment of any other claims (administrative, priority
or general unsecured) against the Debtor. Thus, by remaining in
chapter 11, the already administratively insolvent Debtor will
continue to incur additional administrative expenses that it will
be unable to meet."

On June 1, 2017, Freidman was indicted for criminal tax fraud and
grand larceny.

BFCU is represented by:

     Jenna Z. Gabay, Esq.
     Stuart I. Gordon, Esq.
     Matthew V. Spero, Esq.
     RIVKIN RADLER LLP
     21 Main Street - Court Plaza South
     West Wing - Suite 158
     Hackensack, NJ 07601-7021
     Tel: 201-287-2460
     Fax: 201-489-0495

                       About Kabbalah Taxi

Kabbalah Taxi Inc., et al., are in the business of owning, and in
most cases, leasing taxicab medallions.  Each of Kabbalah Taxi, et
al.'s primary asset are the two medallions issued by the New York
City Taxi and Limousine Commission.  These medallions permit
Kabbalah Taxi, et al., and/or its lessees and sublessees, to
perform taxi services.  Kabbalah Taxi, et al., also have possession
of or access to certain vehicles that are operated with the
permission granted through the medallions.

Kabbalah Taxi Inc. and certain of its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D.N.J. Lead Case
No. 17-27566) on Aug. 30, 2017.  Evgeny A. Freidman, president,
signed the petitions.

The debtor-affiliates are Barcelona Taxi Inc., Devil Dog Taxi LLC,
Diamond Castle Taxi Inc., Ferco Hacking Corp., Geneva Taxi Inc.,
Gstaad Taxi LLC, Maserati Taxi Inc., Monte Carlo Taxi Inc.,
Provance Taxi Inc., Smirnoff Taxi Inc., Sshri Trans Corp., and
Young Cab Corp.

At the time of the filing, Kabbalah Taxi estimated assets of less
than $500,000 and liabilities of $1 million to $10 million.

Vincent F. Papalia presides over the cases.

The Debtors hired Trenk, DiPasquale, Della Fera & Sodono, P.C. as
legal counsel; and Cole Schotz, P.C., and Fox Rothschild LLP as
special litigation counsel.


KATY INDUSTRIES: Has Until December 11 to File Chapter 11 Plan
--------------------------------------------------------------
The Hon. Kevin J. Carey of the U.S. Bankruptcy Court for the
District of Delaware extended the exclusive periods within which
Katy Industries, Inc. and its affiliates may file a chapter 11 plan
and solicit acceptances of the plan, through December 11, 2017 and
February 8, 2018, respectively.

The Troubled Company Reporter has previously reported that the
Debtors asked the Court for a 90-day extension of their exclusivity
periods to allow them sufficient time to propose and negotiate a
consensual plan of liquidation in the chapter 11 cases, as they
expected to pursue confirmation of a plan in these chapter 11 cases
soon after the expiration of the deadlines for filing proofs of
claim.

The Court, by an order entered on August 14, 2017, established,
among other things, (a) a deadline of October 9, 2017, for filing
general proofs of claim, including claims arising under section
503(b)(9) of the Bankruptcy Code, (b) an initial administrative
claims bar date of October 9, 2017, for asserting administrative
claims that arose between the Petition Date and the Sale Closing,
and (c) a governmental claims bar date of November 10, 2017.

On the Petition Date, the Debtors filed a motion seeking, among
other things, authority to sell substantially all of their assets.
On July 18, 2017, the Court entered an order approving the Sale to
Jansan Acquisition, LLC.  The Sale closed on July 21.

Under the asset purchase agreement, as part of the aggregate
purchase price for the assets sold in the Sale, the Purchaser
provided to the Debtors a sum of $765,000 in cash as Wind-Down
Reserve to enable the Debtors to fund the administration of these
chapter 11 cases and the orderly wind-down of the bankruptcy
estates.  The unused amounts remaining in the Wind-Down Reserve
would be used to fund the chapter 11 plan.

Since the Sale closed and the post-Sale transition is almost
complete, the Debtors told the Court that they are now focusing
their efforts to wind down their estates, and do not anticipate an
unduly long and drawn out bankruptcy and plan process.

Moreover, on July 25, 2017, the Committee filed a seven-count
adversary complaint against, among others, the Debtors' prepetition
second lien lender, the Purchaser, and one of the Debtors' former
directors.  That case is captioned, Unsecured Creditors of Katy
Indus., Inc. v. Victory Park Capital Advisors LLC (In re Katy
Indus., Inc.), Adversary Proceeding No. 17-50937 (KJC) (Bankr. D.
Del. July 25, 2017).  The deadline to file an answer or other
responsive pleading was set for September 12.

In the Adversary Complaint, the Committee objected and sought to
subordinate and re-characterize a portion of the Debtors' second
lien debt as well as to recover amounts equal to the disallowed
claims.  The Committee also alleged a breach of fiduciary duty by
one of the Debtors' former directors and seeks damages as a result
of such breach.

The Debtors said any recovery from the prosecution of the Adversary
Proceeding would fund the distributions to the general unsecured
creditors under the chapter 11 plan.  Therefore, the Debtors
asserted that the disposition and outcome of the Adversary
Proceeding is a key factor in the Debtors' formulation of the
chapter 11 plan.

                    About Katy Industries

Katy Industries, Inc. -- http://www.katyindustries.com/-- a
publicly traded Delaware corporation, and its wholly-owned direct
and indirect subsidiaries ("Company"), were organized as a Delaware
corporation in 1967.  The Company is a well-known manufacturer,
importer, and distributor of commercial cleaning and consumer
storage products as well as a contract manufacturer of structural
foam products.  It distributes its products across the United
States and Canada.   It is best known for such brands as
Continental, Huskee, Color Guard, Wilen, Muscle Mop, Contico,
Tuffbin, and SilverWolf, among many others.

The Company operates three manufacturing facilities located in
Jefferson City, Missouri, Tiffin, Ohio, and Fort Wayne, Indiana,
with its corporate headquarters located in St. Louis, Missouri.

Katy Industries, Inc., and its affiliates filed a voluntary
petition for relief under the Bankruptcy Code (Bankr. D. Del. Lead
Case No. 17-11101) on May 14, 2017.  The petitions were signed by
Lawrence Perkins, its chief restructuring officer.

Katy Industries disclosed $821,321 in assets and $58,421,346 in
liabilities.

Stuart M. Brown, Esq., at DLA Piper LLP (US) represent the Debtors
as bankruptcy counsel.  The Debtors hired JND Corporate
Restructuring as their claims and noticing agent.

On July 31, 2017, the Office of the U.S. Trustee formed a committee
of retirees.  The Retirees' Committee hired Womble Carlyle
Sandridge & Rice, LLP as legal counsel.


KHAN GROUP: 2nd Interim Cash Collateral Order Entered
-----------------------------------------------------
The Hon. Harlin DeWayne Hale of the U.S. Bankruptcy Court for the
Northern District of Texas has entered a second interim order,
allowing Khan Group, LLC, to use cash collateral in the amounts and
for the expenses set forth on the monthly Budget.

The Budget provides total operating cash disbursement in the
aggregate sum of $36,040 per month.

Benevolent Management Trust, L.D. Brown as Trustee, may claim that
substantially all of the Debtor's assets are subject to the
Prepetition Liens of Benevolent Management, including liens on
rents.

Benevolent Management is granted valid, binding, enforceable, and
perfected liens co-extensive with the Benevolent Management's
prepetition liens in all currently owned or hereafter acquired
property and assets of the Debtor, including, without limitation,
all accounts receivable, general intangibles, inventory, and
deposit accounts co-extensive with their prepetition liens. As
adequate protection for the diminution in value of the interests of
the Benevolent Management, the Benevolent Management is granted
replacement liens and security interests.

The Debtor is permitted to pay U.S. Trustee fees incurred during
this case.

The Debtor may not pay the franchise fees line item in the monthly
budget until proof that Stay Express World Wide, LLP, has been
reinstated with the Secretary of State has been provided to the
Benevolent Management's counsel and the U.S. Trustee.

The Debtor will escrow the sum of $2,500 per month for annual real
and business personal property taxes with the Benevolent
Management's counsel by delivering such amount to Benevolent
Management's counsel on or before the following dates: Aug. 15,
Sept. 15 and Oct. 15, 2017.

A hearing to consider the continued use of cash collateral will be
held on Oct. 24, 2017 at 1:30 p.m.  Objections are due no later
than Oct. 17.

A full-text copy of the Order, dated Sept. 21, 2017, is available
at https://is.gd/WY83k3

                      About Khan Group LLC

Khan Group LLC is a privately held company in Dallas, Texas, that
provides business consulting services.  

Khan Group filed a Chapter 11 petition (Bankr. N.D. Tex. Case No.
17-32886) on July 31, 2017.  The petition was signed by Sharif
Khan, managing member.

The Hon. Harlin DeWayne Hale presides over the case.  

Joyce W. Lindauer, Esq., at Joyce W. Lindauer Attorney, PLLC,
represents the Debtor.
The Debtor estimated $1 million to $10 million in assets and
liabilities.


L BRANDS: Moody's Affirms Ba1 Corporate Family Rating
-----------------------------------------------------
Moody's Investors Service affirmed all ratings of L Brands, Inc.,
including its Ba1 Corporate Family Rating ("CFR"). The Ba1 rating
on the company's existing senior unsecured guaranteed notes and Ba2
rating on its existing senior unsecured unguaranteed notes also
affirmed. The rating outlook remains stable.

Outlook Actions:

Issuer: L Brands, Inc.

-- Outlook, Remains Stable

Affirmations:

Issuer: L Brands, Inc.

-- Probability of Default Rating, Affirmed Ba1-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-1

-- Corporate Family Rating, Affirmed Ba1

-- Senior Unsecured Shelf, Affirmed (P)Ba1

-- Subordinate Shelf, Affirmed (P)Ba3

-- Preferred Shelf, Affirmed (P)Ba3

-- Guaranteed Senior Unsecured Regular Bond/Debenture, Affirmed
    Ba1 (LGD4 from LGD3)

-- Senior Unsecured Regular Bond/Debenture, Affirmed Ba2(LGD6)

RATINGS RATIONALE

Ba1 Corporate Family Rating is supported by its popular well
recognized brand names which drive its strong profitability. The
rating also acknowledges its very good liquidity and moderate
leverage and good interest coverage, with debt to EBITDA of 3.2
times and EBIT to interest expense of 3.4 times. The rating
considers L Brands' scale with revenues of about $12.3 billion and
its concentration on two narrow product niches. The rating also
acknowledges its expertise in merchandising and supply chain. L
Brands' financial policies continue to favor share repurchases and
special dividends which constrains the rating. The company's credit
agreement provides it with significant flexibility to make debt
financed dividends and share repurchases.

The stable outlook reflects Moody's views that L Brands' financial
policies will continue to be shareholder friendly with excess cash
flow returned to shareholders but that credit metrics will remain
appropriate for the Ba1 rating. Moody's expects the company to grow
at all its major brands with sources of growth including but not
limited to international expansion and adjacent product
opportunities, such as sport and the PINK assortment.

An upgrade would require a more conservative financial policy such
that debt to EBITDA was expected to be maintained below 3.0 times
and EBIT to interest expense above 4.5 times.

Ratings could be downgraded should there be sustained deterioration
in profitability at any of its key brands or financial policy
becomes more aggressive than currently anticipated. Ratings could
also be downgraded should debt increase or operating performance
falter such that debt to EBITDA approaches 4.5 times or EBIT to
interest expense approaches 2.5 times.

The principal methodology used in these ratings was Retail Industry
published in October 2015.

Headquartered in Columbus, Ohio, L Brands, Inc. operates 3,077
company-owned specialty stores in the United States, Canada and the
United Kingdom, and its brands are sold in about 794 additional
franchised locations worldwide as well as online as of July 29,
2017. Its brands include Victoria's Secret, Bath & Body Works,
PINK, La Senza, and Henri Bendel. For the last twelve months ending
July 29, 2017, revenues are approximately $12.3 billion.


LA PALOMA: Objects to O'Melveny's $2.6 Million Fee Bid
------------------------------------------------------
Rick Archer of Bankruptcy Law360 reports that creditor LNV Corp.
has objected to and called the legal fees sought by La Paloma
Generating Co. LLC's former counsel, O'Melveny & Myers LLP, as
"exorbitant".

O'Melveny is asking an aggregate of $2.6 million for seven month's
of work from December 2016 through June 2017.

LNV Corp. is calling for the fees to be reduced by at least
$793,000, citing that no progress was made in the Debtors' cases
while under O'Melveny's tenure, according to Law360.

                    About La Paloma Generating

La Paloma Generating Company, LLC, a D.C.-based merchant power
generator, and its affiliates La Paloma Acquisition Co, LLC, and
CEP La Paloma Operating Company, LLC, filed Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-12700 to 16-12702) on Dec.
6, 2016.  The petitions were signed by Niranjan Ravindran, as the
Debtors' authorized person.  The Hon. Christopher S. Sontchi
presides over the cases.

La Paloma Generating estimated $100 million to $500 million in
assets and $500 million to $1 billion in liabilities.

O'Melveny & Myers LLP was originally tapped to represent the
Debtors.  The firm has since been replaced by M. Natasha Labovitz,
Esq., and Craig A. Bruens, Esq., of Debevoise & Plimpton; and Mark
D. Collins, Esq., Andrew Dean, Esq., and Jason M. Madron, Esq., at
Richards, Layton & Finger, P.A.  Lawyers at Curtis, Mallet-Prevost,
Colt & Mosle LLP serve as conflicts counsel.  Jefferies LLC serves
as the Debtors' financial advisor and investment banker, while
their claims and noticing agent is Epiq Bankruptcy Solutions.
Alvarez & Marsal North America, LLC, is the financial advisor.

Maria Aprile Sawczuk has been appointed fee examiner in the
bankruptcy case.

On Aug. 2, 2017, the Debtors filed a Chapter 11 Plan and Disclosure
Statement.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Sept. 5, 2017,
appointed three creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of La Paloma Generating
Co. LLC, et al. The committee members are: (1) Argo Chemical, Inc.;
(2) PowerFlow Fluid Systems, LLC; and (3) GE Mobile Water, Inc.


LAKE NAOMI REAL ESTATE: Disclosure Statement Hearing on Dec. 7
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Pennsylvania
is set to hold a hearing on December 7 to consider approval of the
disclosure statement, which explains the Chapter 11 plan for Lake
Naomi Real Estate, Inc.

The hearing will be held at 9:30 a.m., at Max Rosenn US Courthouse,
Courtroom 2.  Objections are due by October 24.

                 About Lake Naomi Real Estate

Lake Naomi Real Estate, Inc., filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 17-02419) on March 24, 2017, listing under $1
million in both assets and liabilities, and is represented by Buddy
D. Ford, Esq., at Buddy D. Ford, P.A., and David J. Harris, Esq.

The Debtor's Chapter 11 case was transferred to the U.S. Bankruptcy
Court for the Middle District of Pennsylvania on July 31, 2017.
The case number is 17-03138.


LAKE NAOMI REAL ESTATE: Unsecureds to Recoup 100% in 60 Months
--------------------------------------------------------------
Lake Naomi Real Estate, Inc., filed with the U.S. Bankruptcy Court
for Middle District of Florida a disclosure statement dated Sept.
18, 2017, referring to the Debtor's plan of reorganization.

Class 6 General Unsecured Claims are impaired by the Plan.  Holders
will recover 100% of their allowed claim, without interest, in 60
equal monthly installments commencing 30 days from the entry of the
Effective Date of the Plan.

Payments and distributions under the Plan will be funded from the
Debtor's operating income or from rental payments received by, or
paid directly to creditors by the Debtor, or its principle, Thomas
W. Fiers.

The Debtor operates a real estate brokerage that specializes in
selling, re-selling, leasing, and rental of real property in the
Pocono Mountains of Northeast Pennsylvania known as the Lake Naomi
and Timber Trails Communities. The business is seasonal consisting
of the summer season and the winter ski season.

Several factors precipitated the Debtor's Chapter 11 bankruptcy
filing, to include, but are not limited to, the real estate market
in the Pocono region being depressed for the past two years.
Although the Debtor had booking rentals for the summer season which
began in May, and has several pending closings of real estate, the
Debtor is experiencing a cash shortage.  In addition, the Debtor
has accrued substantial attorneys' fees due to an investigation by
the Pennsylvania Department of Labor into a profit sharing plan
under which the Debtor is both the sponsor and administrator.

Post-petition, Debtor had pending sales under contract totaling
$2,863,000.  Two additional contracts were signed in mid-August,
2017, increasing the pending total to $3,247,500.  The Debtor's
Projections for the following 5 years indicate sales to increase at
an historical rate of 5.5% per year And, with mortgage rates
remaining modest, Debtor anticipates that the business will prosper
into the foreseeable future.

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

          http://bankrupt.com/misc/pamb17-03138-82.pdf

The company on September 21 filed with the court its updated
summary of post-petition operating reports, including a copy of its
August 2017 monthly operating report and 5-year projection.  The
documents are available for free at:

     http://bankrupt.com/misc/pamb17-03138-88.pdf
     http://bankrupt.com/misc/pamb17-03138-88_2.pdf

                 About Lake Naomi Real Estate

Lake Naomi Real Estate, Inc., filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 17-02419) on March 24, 2017, listing under $1
million in both assets and liabilities, and is represented by Buddy
D. Ford, Esq., at Buddy D. Ford, P.A., and David J. Harris, Esq.

The Debtor's Chapter 11 case was transferred to the U.S. Bankruptcy
Court for the Middle District of Pennsylvania on July 31, 2017.
The case number is 17-03138.


LAWRENCE D. FROMELIUS: Sale of Lisle Vacant Lot for $60K Approved
-----------------------------------------------------------------
Judge Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Lawrence D. Fromelius'
sale of vacant lot known as Lot 10, Lisle Place, Lisle, Illinois to
Barriere Construction, LLC for $60,000.

The sale is free and clear of any interest.

The Order entered on Aug. 8, 2017, authorizing the Debtor to retain
properties is amended to include the sale of the Lisle Vacant Lot
and the broker is entitled to the commission referenced in the
brokerage agreement related to that order.

                     About Lawrence Fromelius

Lawrence D. Fromelius filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 15-22373) on June 29, 2015.  The Debtor tapped William J.
Factor, Esq., Ariane Holtschlag, Esq., and Jeffrey K. Paulsen,
Esq., at FactorLaw, as counsel.

L. Fromelius Investment Properties LLC filed a Chapter 11 petition
(Bankr. N.D. Ill. Case No. 15-22943) on July 2, 2015, and Golden
Marina Causeway LLC filed for relief under Chapter 11 (Bankr. N.D.
Ill. Case No. 16-03587) on Feb. 5, 2016.

Mr. Fromelius is the sole member of Investment Properties.  He is
also the sale member of East Greenfield Investors LLC, which in
turn is the sole member of Golden Marina Causeway LLC.  On Nov. 24,
2015, Lawrence Fromelius filed his initial plan of reorganization
and on Dec. 1, 2016, Investment Properties filed its initial plan
of reorganization.  Both of the plans have been amended to
incorporate changes requested by creditors, including the Ann Marie
Barry Trust, which has filed a claim of approximately $6 million.
Currently, the Debtors and the Ann Marie Barry Trust are
negotiating the terms of a disclosure statement to accompany the
plans.

Golden Marina owns two parcels of real estate, located at 302 and
311 East Greenfield Avenue in Milwaukee, Wisconsin.  The parcel at
311 E. Greenfield consists of 47 acres and the smaller parcel at
302 E. Greenfield is approximately 1 acre.

On Aug. 8, 2017, the Court appointed At World Properties, LLC, as
Broker for the Debtor.


LEHMAN BROTHERS: FDIC Asks Court to Stay Suit Against Guaranty Bank
-------------------------------------------------------------------
Ryan Boysen, writing for Bankruptcy Law360, reports that the
Federal Deposit Insurance Corp. asked the U.S. Bankruptcy Court for
the Southern District of New York to pause Lehman Brothers Holding
Inc.'s lawsuit against Guaranty Bank over the sale of shoddy
mortgages.

Law requires entities with claims against an institution the FDIC
has placed under receivership to first go through an administrative
claims process before litigation can be brought, Law360 relates,
citing FDIC.  Judge Shelley C. Chapman, according to the report,
already approved a 90-day stay of the lawsuit in June for that
exact reason, and the FDIC wants her to extend the stay until
January 2018, which is FDIC's deadline for making a decision on
Lehman Brothers' claim, which it submitted in July.

Law360 recalls that Lehman is suing Guaranty Bank and 22 other
mortgage originators in adversary proceedings for allegedly selling
it bad loans that it resold to Fannie Mae and Freddie Mac.  The
report shares that Lehman was forced to pay $1.2 billion to settle
claims with Fannie Mae and Freddie Mac in 2011, and now it's going
after the originators to try to defray the costs of that deal.

According to Law360, the originators argued in July that the claims
should be tossed since they have nothing to do with Lehman's
bankruptcy per se and therefore belong in state court.

                    About Lehman Brothers

Lehman Brothers Holdings Inc. -- http://www.lehman.com/-- was the
fourth largest investment bank in the United States.  For more than
150 years, Lehman Brothers has been a leader in the global
financial markets by serving the financial needs of corporations,
governmental units, institutional clients and individuals
worldwide.

Lehman Brothers Holdings filed for Chapter 11 bankruptcy (Bankr.
S.D.N.Y. Case No. 08-13555) on Sept. 15, 2008.  Lehman's bankruptcy
petition disclosed US$639 billion in assets and US$613 billion in
debts, effectively making the firm's bankruptcy filing the largest
in U.S. history.  Several other affiliates followed thereafter.

Affiliates Merit LLC, LB Somerset LLC and LB Preferred Somerset LLC
sought for bankruptcy protection in December 2009.

The Debtors' bankruptcy cases were assigned to Judge James M. Peck.
Judge Shelley Chapman took over the case after Judge Peck retired
from the bench to join Morrison & Foerster.

A team of Weil, Gotshal & Manges, LLP, lawyers led by the late
Harvey R. Miller, Esq., serve as counsel to Lehman.  Epiq
Bankruptcy Solutions serves as claims and noticing agent.

Dennis F. Dunne, Esq., Evan Fleck, Esq., and Dennis O'Donnell,
Esq., at Milbank, Tweed, Hadley & McCloy LLP, in New York, served
as counsel to the Official Committee of Unsecured Creditors.
Houlihan Lokey Howard & Zukin Capital, Inc., served as the
Committee's investment banker.

On Sept. 19, 2008, the Honorable Gerard E. Lynch of the U.S.
District Court for the Southern District of New York, entered an
order commencing liquidation of Lehman Brothers, Inc., pursuant to
the provisions of the Securities Investor Protection Act (Case No.
08-CIV-8119 (GEL)).  James W. Giddens was appointed as trustee for
the SIPA liquidation of the business of LBI.  He is represented by
Hughes Hubbard & Reed LLP.

The Bankruptcy Court approved Barclays Bank Plc's purchase of
Lehman Brothers' North American investment banking and capital
markets operations and supporting infrastructure for US$1.75
billion.  Nomura Holdings Inc., the largest brokerage house in
Japan, purchased LBHI's operations in Europe for US$2 plus the
retention of most of employees.  Nomura also bought Lehman's
operations in the Asia Pacific for US$225 million.

Lehman emerged from bankruptcy protection on March 6, 2012, more
than three years after it filed the largest bankruptcy in U.S.
history.  The Chapter 11 plan for the Lehman companies other than
the broker was confirmed in December 2011.

                          *     *     *

In October 2016, the team winding down LBHI paid $3.8 billion to
creditors, the 11th distribution since Lehman's collapse in 2008.
This brought the total payout to more than $113.6 billion.
Bondholders were projected to receive about 21 cents on the dollar
when Lehman's bankruptcy plan went into effect in early 2012.  The
11th distribution raised the bondholders' recovery to more than 40
cents on the dollar and recoveries for general unsecured creditors
of Lehman's commodities to 79 cents on the dollar.  Lehman's
aggregate 12th distribution to unsecured creditors pursuant to its
confirmed Chapter 11 plan will total approximately $3.0 billion.


LIFELINE SLEEP: Disclosures OK'd; Plan Hearing on Oct. 24
---------------------------------------------------------
The Hon. Jeffery A. Deller of the U.S. Bankruptcy Court for the
Western District of Pennsylvania has approved Lifeline Sleep
Center, LLC's disclosure statement referring to the Debtor's plan
of reorganization.

The Court will hold a hearing on Oct. 24, 2017, at 10:00 a.m. to
consider the confirmation of the Plan.

Objections to the plan confirmation must be filed by Oct. 17, 2017,
which is also the last day for submitting written acceptances or
rejections of the Plan.

The last day for filing a complaint objecting to discharge, if
applicable, will not be later than Oct. 24, 2017.

As reported by the Troubled Company Reporter on Aug. 21, 2017, the
Debtor filed with the Court a disclosure statement dated Aug. 7,
2017, referring to the Debtor's Chapter 11 plan dated Aug. 7, 2017,
which proposes that Class 6 Unsecured Claims be paid, in total, an
estimated amount of $28,000, plus 6% interest, of allowed unsecured
claims, divided on a pro-rata basis.  

                   About Lifeline Sleep Center

Lifeline Sleep Center, LLC, operates several specialty outpatient
sleep centers, with a principal place of business at 2030 Ardmore
Boulevard, Suite 251, Pittsburgh, Pennsylvania.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Pa. Case No. 16-24201) on Nov. 10, 2016.  The
petition was signed by Mark Kegg, owner.  At the time of the
filing, the Debtor disclosed that it had estimated assets of less
than $50,000 and liabilities of less than $1 million.

Judge Jeffery A. Deller presides over the case.  Brian C. Thompson,
Esq., at Thompson Law Group, P.C., serves as the Debtor's legal
counsel.

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


LILY ROBOTICS: Awaits Effective Date, Seeks Exclusivity Extension
-----------------------------------------------------------------
Drone LC Inc., previously known as Lily Robotics, Inc., requests
the U.S. Bankruptcy Court in Delaware to extend the period during
which the Debtor has the exclusive right to file and solicit
acceptances of a chapter 11 plan, through and including December
26, 2017 and February 22, 2018, respectively.

A further hearing to consider the extension request will be held
October 31 at 1:00 p.m.  Objections are due October 9.

On June 23, 2017, the Debtor filed its first request for extension
of the Exclusive Periods by 90 days, which was granted by the Court
on July 12.

Subsequent to the filing and approval of the First Extension
Motion, the Debtor tells the Court it has expended considerable
time and effort obtaining interim approval of the Disclosure
Statement, commencing and completing the Plan solicitation and
voting tabulation process, and pursuing final approval of the
Disclosure Statement and confirmation of the Plan.

The Debtor filed the Plan and the Disclosure Statement for the
First Amended Plan of Liquidation on July 31, 2017. Ultimately, the
Debtor's significant efforts resulted in the Court entering the
Confirmation Order on September 19, 2017.

While the Debtor and the Committee expect the Effective Date to
occur, the Debtor believes that some work still remains to be done
considering that the Plan was confirmed a few days ago. However,
the Debtor is approaching the deadline established by the Court,
pursuant to the July 12 Extension Order, which gives the Debtor the
exclusive time to file a plan through and including September 25.

Accordingly, the Debtor is now asking for an extension out of an
abundance of caution, to ensure that the Exclusive Periods do not
lapse while the Debtor and the Committee finish the necessary work
for the Effective Date of the Plan to occur.

                       About Drone LC

Based in Atherton, California, Drone LC, formerly known as Lily
Robotics, Inc., is the developer of the Lily Camera, a
throw-and-shoot camera that captures pictures and videos from the
skies.  Its camera flies and uses GPS and computer vision to follow
user's adventure activities.  Lily Robotics sells its products
internationally through its Web site at https://www.lily.camera/

Lily Robotics filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 17-10426) on Feb. 27, 2017, listing $32.99 million in
total assets and $37.53 million in total liabilities as of Dec. 31,
2016.  The petition was signed by Spencer L. Wells, director.

Judge Kevin J. Carey presides over the case.

Robert J. Dehney, Esq., Andrew R. Remming, Esq., and Marcy J.
McLaughlin, Esq., at Morris, Nichols, Arsht & Tunnell LLP; Laura
Metzger, Esq., and Jennifer Asher, Esq., and Douglas S. Mintz,
Esq., at Orrick Herrington & Sutcliffe LLP serve as the Debtor's
bankruptcy counsel.  Prime Clerk LLC is the Debtor's claims and
noticing agent.

On March 22, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee hired
Lowenstein Sandler LLP as its lead counsel, and Richards, Layton &
Finger, P.A., as its Delaware and conflicts counsel.

No trustee or examiner has been appointed in the case.

On June 20, 2017, the court approved the sale of substantially all
of the Debtor's assets. Pursuant to the asset purchase agreements
with Mota Group, Inc., the Debtor sold its company name, Lily
Robotics, Inc., to Mota and agreed to cease using the Lily Robotics
name.  The sale order authorized the Debtor to make the name change
contemplated by the Mota APA.  In accordance with the Mota APA and
sale order, the Debtor has caused its name to be changed from Lily
Robotics, Inc. to Drone LC, Inc.


LINCOLN MEDICAL: Plan Outline Okayed, Plan Hearing on Nov. 9
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of New Jersey is set to
hold a hearing on November 9 to consider approval of the Chapter 11
plan for Lincoln Medical Supply Company, LLC.

The court had earlier approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The order, signed by Judge Andrew Altenburg, Jr. on September 19,
required creditors to file their objections and cast their votes
accepting or rejecting the plan not less than seven days before the
hearing.

             About Lincoln Medical Supply Company

Lincoln Medical Supply Company, LLC, a Pleasantville, New
Jersey-based seller of medical supplies, filed a Chapter 11
petition (Bankr. D.N.J. Case No. 16-24206) on July 25, 2016.  The
petition was signed by Paul Reses, president.  

The Debtor disclosed total assets at $478,623 and total liabilities
at $1.47 million.

The case is assigned to Judge Andrew B. Altenburg Jr.  The Debtor
is represented by Scott H. Marcus, Esq., at Scott H. Marcus &
Associates.  

On September 13, 2017, the Debtor filed a disclosure statement,
which explains its proposed Chapter 11 plan.


LUKE'S LOCKER: Has Until October 22 to File Reorganization Plan
---------------------------------------------------------------
Judge Brenda T. Rhoades of the U.S. Bankruptcy Court for the
Eastern District of Texas extended the deadline by which Luke's
Locker, Inc., 2L Austin, LLC, and The Quality Lifestyle I, Ltd. may
exclusively file a plan of reorganization until October 22, 2017,
as well as the deadline to obtain approval of the reorganization
plan until December 22, 2017.

As reported by the Troubled Company Reporter on August 28, 2017,
the Debtors asked the Court for an extension of the exclusivity
deadlines in order to give their stores time to recover from the
negative publicity of the pre-petition closings and the bankruptcy
filing, as well as to give them the ability to structure a plan
that would be in the best interest of the creditors, the estates,
and the Debtors.

The Debtors said that after the bankruptcy filing, they have
permanently closed their stores in Austin, Highland Village,
Houston, Katy, Woodlands, Southlake, and Plano, and ultimately
rejected the store leases associated with those closed locations.
The Debtors also closed their corporate office and rejected their
central distribution warehouse lease.  The Debtors currently intend
to continue operating only their Dallas and Fort Worth stores.

The Debtors further said that since the filing of this Bankruptcy
Case, the Debtors and their restructuring team have implemented
significant changes to the way the Debtors manage and operate their
business -- these changes have drastically improved the efficiency
of the Debtors' business and the Debtors' profitability.

However, the Debtors' pre-petition store closings and bankruptcy
filing were highly publicized, and while the Debtors' sales and
operations are recovering, the Debtors expected that it will take
additional time before the Debtors' reputation recovers from the
stigma associated with the pre-petition store closings and
subsequent bankruptcy filing and for their operations and sales to
stabilize.  The Debtors also expected to be able to better
ascertain the profitability of their stores and have a better idea
of what amount will be available to pay creditors from future
projected operations under a plan of reorganization over the next
60 days.

As such, the Debtors believed that the additional time requested
will allow them to better project the future profitability of their
remaining stores, which will aid in framing a chapter 11 plan.  The
Debtors claimed that creditors will also benefit from the requested
extension because, by obtaining a better understanding of the
Debtors' future prospects, the Debtors will be better able to
ensure that any plan they propose will be feasible and will
maximize the payment to all of its creditors.

                About Luke's Locker Incorporated

Luke's Locker Incorporated, owner of Luke's Locker fitness and
running stores in Texas, and its affiliates sought Chapter 11
protection (Bankr. E.D. Tex. Lead Case No. 17-40126) on Jan. 24,
2017.  The petitions were signed by Matthew Lucas, president and
CEO.  The cases are assigned to Judge Brenda T. Rhoades.

Melissa S. Hayward, Esq., at Franklin Hayward LLP, in Dallas,
serves as the Debtors' counsel. Joseph Sullivan serves as chief
restructuring officer.  The Debtor tapped Rosen Systems, Inc. to
sell surplus assets by auction.

Luke's Locker estimated $1 million to $10 million in assets and
liabilities.

No trustee or examiner has been appointed in the Debtors' cases.


MANN REALTY: Double M Objects to Approval of Plan Outline
---------------------------------------------------------
Double M Real Estate, LLC, and Martin L. Grass and Mark G. Caldwell
t/a Double M Development, filed with the U.S. Bankruptcy Court for
the Middle District of Pennsylvania an objection to the adequacy of
Mann Realty Associates, Inc.'s disclosure statement in support of
the Debtor's plan of reorganization.

According to Double M, the first 20 pages of the Disclosure
Statement suggest a liquidation.  Then, the Disclosure Statement
discusses the operation of the Debtor's business and payment from
"in part" future earnings.  Double M complains that since the
Monthly Operating Reports fail to show any operating profit, it is
unclear how the Debtor intends to have any operating profit, as no
budget projections are attached.

Double M says that the first 20 pages of the Disclosure Statement
suggest a liquidation of real estate as the primary method of
repaying creditor claims.  Then there is a shift in the Disclosure
Statement discussing the operating of the Debtor's business and
payment from "in part" future earnings.  This is so vague as to be
meaningless and allows the principal of the Debtor to do almost
anything he wants and suggest that it was discussed in the
Disclosure Statement.

The Disclosure Statement, Double M states, further fails to mention
that there are only $458,000 worth of listed unsecured creditors
and the Debtor alleges that it has between $10 million and $20
million worth of real estate.  Regardless of how it is liquidated,
it appears that everybody, secured creditor, priority creditors,
general unsecured creditors and administrative claims, can be paid
in full.  What is not mentioned is what the Debtor's principals pay
themselves in fees and expenses and what sort of a budget the
Debtor envisions for itself in moving forward.

Double M also claims that, among others:

     a. on page four, there is a statement about certain amounts
        being committed, whether through a borrowing or additional

        capital.  It is believed that this is not sufficient to
        satisfy the requirement of "new value," which is not
        otherwise mentioned within the Disclosure Statement;

     b. on page five, there is a general statement about how each
        secured creditor will be paid an amount equal to the value

        of its secured claim.  As to the objector, Double M, there

        is no acknowledgement of the second of its two claims, nor

        is there an acknowledgment of the appropriate value of
        those claims.  On page five, there is a statement that the

        Plan may be confirmed as long as one unimpaired class of
        claims does accept the Plan.  This class cannot, however,
        be a class that constitutes insiders or the claims of
        insiders;

     c. on page seven, there is a statement that certain estimates

        and assumptions "may prove to be false or inaccurate."
        This statement seems to forgive intentional
        misrepresentation and mentions nothing about the
        statements being made in good faith;

     d. there is a statement on page eight that the value of the
        property is based on the Debtor's 15 years of experience
        in buying, developing and selling commercial parcels of
        real property.  Nevertheless, this is inadequate as it
        does not identify the specific individuals upon whom the
        Debtor (a corporation) has relied, and their level of
        experience.  Further, it is believed that based upon the
        level of debt and the value of the holdings, that
        professional valuations should be required as to each
        parcel so that the creditors can compare the purported
        value of the property against the secured debt for a
        determination of the potential sale price of each parcel;

     e. on page eight, there is a reference to Exhibit C, which is

        the Claims Register.  In point of fact, Exhibit C, while
        it does include the claims register as of a particular
        date, the Disclosure Statement fails to acknowledge that
        the deadline to file claims has not yet passed;

     f. one page nine, there is a statement that the Debtor
        corporation is managed by certain members of a particular
        family.  There is a need to identify the owners and what
        percentage of shares each member holds, and which members
        of the family are active as opposed to which members of
        the family are passive.  It is believed that the
        individuals who are shareholders should be specifically
        identified along with the percentage of ownership and      
  
        their position within the company; and

     g. On page 10, paragraph 2.2, there is a reference to "long-
        standing litigation with Double M over the real property
        known as Fidler's Elbow."  It is believed that the
        Disclosure Statement is misleading.  The property known as

        "Fidler's Elbow" includes the so-called "Option Real
        Estate" along with another parcel.  The Disclosure
        Statement fails to note that the litigation in the Court
        of Common Pleas and other Courts of the Commonwealth of
        Pennsylvania have been in favor of Double M. Further, the
        Disclosure Statement fails to note that the Court has
        lifted the automatic stay with regard to the approximately

        31-acre tract known as the "Option Real Estate," has
        denied a motion for reconsideration, and that the matter
        is now on appeal to the U.S. District Court for the
        Middle District of Pennsylvania.  Further, the Disclosure
        Statement fails to note that if this litigation goes
        against the Debtor, the Option Real Estate would not be
        available for liquidation or operation.  The Disclosure
        Statement fails to both properly inform the creditors of
        this fact or of the alleged importance of the Option Real
        Estate.

A copy of the Objection is available at:

           http://bankrupt.com/misc/pamb17-01334-132.pdf

Double M is represented by:

     Lawrence V. Young, Esq.
     CGA LAW FIRM
     135 North George Street
     York, PA 17401
     Tel: (717) 848-4900

                         About Mann Realty

Headquartered in Camp Hill, Pennsylvania, Mann Realty Associates,
Inc., filed for Chapter 11 bankruptcy protection (Bankr. M.D. Pa.
Case No. 17-01334) on March 31, 2017, estimating its assets at
between $10 million and $50 million and its debts at between $1
million and $10 million.  The petition was signed by Robert M.
Mumma, II, president.

Judge Robert N. Opel II presides over the case.

Craig A. Diehl, Esq., at the Law Offices Of Craig A. Diehl serves
as the Debtor's bankruptcy counsel.

Mann Realty previously filed a voluntary petition under Chapter 11
of the Bankruptcy Code in the U.S. Bankruptcy Court for the Middle
District of Pennsylvania on Jan. 10, 2017, Case No. 17-00080.  The
petition was a "pro se" filing, or case filed without attorney.
The Debtor is an affiliate of Kimbob, Inc., which sought bankruptcy
protection on March 1, 2017, Case No. 17-00836.


MANN REALTY: McCormick Says Plan Outline Lacks Adequate information
-------------------------------------------------------------------
McCormick 108, LLC,, filed with the U.S. Bankruptcy Court for the
Middle Disrict of Pennsylvania an objection to the approval of Mann
Realty Associates, Inc.'s disclosure statement to accompany the
Debtor's plan of reorganization dated Aug. 22, 2017.

The Debtor is currently indebted to the Lender under and in
connection with a $1 million commercial loan that the Lender
previously made to the Debtor.  The Loan is evidenced by, among
other things, a Promissory Note, dated Feb. 1, 2007, executed and
delivered by the Debtor to the order of Commerce Bank/Harrisburg,
N.A., in the stated principal amount of $1 million.

The Lender complains that the Plan and Disclosure Statement failed
to specifically incorporate all terms and conditions from the
consent court order, and that the Disclosure Statement lacks
adequate information pertaining to the Debtor's real property,
revenues, income, financial statements and projections and the
proposed sale and marketing for the real property, a certain
property generally known as 25, 81, 83 and 103 Hunterstown Road,
Straban Township, Gettysburg, Pennsylvania 17325.

The Plan and Disclosure Statement generically set forth the
Debtor's intention to sell the real property.  The Plan and
Disclosure Statement provide no further treatment for the Lender's
Loan and secured claim, the Lender claims.  This Plan is patently
unconfirmable because the Debtor's general intention to sell the
Real Property without further information and treatment of the
Lender's secured claim is not fair and equitable under the
circumstances.

The Consent Order mandated that the Debtor incorporate its terms
and conditions into the Debtor's Plan.  Though the Debtor's Plan
generally incorporates by reference all prior orders of the Court,
the Consent Order agreed to by the Debtor and the Lender
specifically requires the Debtor to satisfy and remain compliant
with various provisions included in the Consent Order, some of
which conflict with the Plan.  The Plan states that no default may
occur until after the expiration of 20 days after receipt of notice
of nonpayment has been received by the Debtor's counsel.
Conversely, the Consent Order provides the Debtor only five
calendar days to cure a default after receipt of notice by the
Debtor's counsel.  The Plan incorporates the Court's orders only to
the extent not inconsistent with the terms of the Plan.

The Lender submits that the Consent Order should control to the
extent of any inconsistency and, by the terms of the Consent Order,
the Debtor was obligated to incorporate all terms and conditions
from the Consent Order into its Plan, which is attached to the
Disclosure Statement.  The Consent Order also contains critical
information and deadlines regarding the sale of the Real Property
and the Lender's remedies upon default.  The Lender objects to the
Disclosure Statement as failing to provide creditors with adequate
information until the time as the terms of the Consent Order are
appropriately incorporated into the Disclosure Statement and Plan
as the Debtor is obligated to do.

Additionally, the Consent Order mandated that the Debtor execute
and deliver to the Lender certain documents, including a Deed in
Lieu of Foreclosure, Acceptance of Service and Consent to Entry of
Judgment.  To date, the Debtor has not delivered such executed
documents to the Lender and the Lender objects to the Disclosure
Statement on this basis as well.

The Lender claims that the Debtor's Disclosure Statement is devoid
of any substantive information regarding the Debtor's Real Property
other than a simple listing of its alleged fair market value
attached to the Disclosure Statement.  The Disclosure Statement
fails to provide information regarding (a) the nature, condition
and description of the Real Property, (b) the basis for the
valuation of the Real Property, (c) a complete listing of the liens
that exist against the Real Property and the amount of the liens,
(d) the expenses related to the Real Property, (e) whether any real
estate taxes are owed with respect to the Real Property, and (f)
the cash flow generated by the Real Property.  This is basic
information that creditors need to evaluate the proposed Plan.

As to the Lender's claim, the Debtor's Plan is directly premised
upon the Debtor's sale of the Real Property to pay down the
Lender's Loan.  The Disclosure Statement, according to the Lender,
fails to provide (a) any information regarding under what
conditions and in what manner the Debtor would propose to sell the
Real Property, (b) when the Debtor proposes to sell the Real
Property, (c) whether the Debtor has received any offer to purchase
the Real Property, or (d) the estimated net proceeds that will be
generated from the sale of the Real Property.  The Debtor has
failed to provide any documentation or information regarding the
marketing of the Real Property and the potential viability of any
proposed sale or auction that the Debtor may undertake, the Lender
states.

A copy of the Objection is available at:

          http://bankrupt.com/misc/pamb17-01334-128.pdf

McCormick is represented by:

     Michael D. Nord, Esq.
     Shaan S. Chima, Esq.
     GEBHARDT & SMITH LLP
     One South Street, Suite 2200
     Baltimore, Maryland 21202
     Tel: (410) 385-5109
     Fax: (410) 957-4329
     E-mail: shaan.chima@gebsmith.com

                       About Mann Realty

Headquartered in Camp Hill, Pennsylvania, Mann Realty Associates,
Inc., filed for Chapter 11 bankruptcy protection (Bankr. M.D. Pa.
Case No. 17-01334) on March 31, 2017, estimating its assets at
between $10 million and $50 million and its debts at between $1
million and $10 million.  The petition was signed by Robert M.
Mumma, II, president.

Judge Robert N. Opel II presides over the case.

Craig A. Diehl, Esq., at the Law Offices Of Craig A. Diehl serves
as the Debtor's bankruptcy counsel.

Mann Realty previously filed a voluntary petition under Chapter 11
of the Bankruptcy Code in the U.S. Bankruptcy Court for the Middle
District of Pennsylvania on Jan. 10, 2017, Case No. 17-00080.  The
petition was a "pro se" filing, or case filed without attorney.
The Debtor is an affiliate of Kimbob, Inc., which sought bankruptcy
protection on March 1, 2017, Case No. 17-00836.


MANN REALTY: S&T Bank Tries to Block Approval of Plan Outline
-------------------------------------------------------------
S&T Bank, successor by merger to Integrity Bank, filed with the
U.S. Bankruptcy Court for the Middle District of Pennsylvania an
objection to the approval of Mann Realty Associates, Inc.'s
disclosure statement to accompany the Debtor's plan of
reorganization dated Aug. 22, 2017.

S&T Bank says that the Disclosure Statement does not contain
adequate information to allow the bank to make an informed judgment
to accept or reject the Plan.  The Disclosure Statement contains
insufficient, incomplete, inaccurate and conflicting information,
S&T Bank states.

S&T Bank provided a Loan to Mann Realty in the amount of $500,000
pursuant to a Business Loan Agreement dated March 4, 2005.  The
total due and owing on the $500,000 Loan, as of Jan. 25, 2017, was
$575,388.36, together with additional interest, late charges, fees
and costs.  
S&T Bank claims that:

     a. the Disclosure Statement and Plan provide that S&T Bank
        has a class 4 secured claim in the amount of approximately

        $3,795,871;

     b. the  Disclosure Statement vastly understates the amount of

        S&T Bank's claims which totaled approximately $5,500,000
        in January 2017;

     c. the Disclosure Statement indicates that the Debtor has
        obtained appraisals of its various properties from time to

        time, but provides only the opinion of Debtor's principal,

        Robert Mumma, as to the value of the properties.  The
        appraised values of the properties will assist creditors
        in determining whether the values asserted by the Debtor
        are realistic or overinflated based upon the condition of
        the properties;

     d. the Disclosure Statement indicates that there are
        vacancies in the commercial properties owned and lease by
        the Debtor, but fails to specify which properties include
        vacancies, whether the Debtor intends or anticipates
        leasing the vacant units and what effect the vacancies
        have on the Debtor's cash flows;

     e. the Disclosure Statement indicates that the Debtor
        anticipates that there will be deficiencies when and if
        various properties are sold, but fails to identify which
        claims will have deficiencies or address how deficiency
        claims will be treated;

     f. the Disclosure Statement indicates that the Debtor and S&T

        Bank have entered into a Stipulation to resolve S&T Bank's

        pending motion to convert case to Chapter 7;

     g. the Disclosure Statement and Plan contain conflicting time

        frames for the sale of the real estate indicating 90 days
        in the Disclosure Statement and 120 days in the Plan;

     h. neither the Disclosure Statement nor Plan provide a date
        from which the time for selling the real estate is to
        occur;

     i. the Disclosure Statement and Plan provide that real estate

        which remains unsold at the end of the sale period will be

        sold at auction, but does not provide any information
        regarding the potential auction of the properties; and

     j. the Disclosure Statement indicates that Exhibit H
        financial projection will be supplemented, but have not
        been as of the date of the objections.

A copy of the Objection is available at:

          http://bankrupt.com/misc/pamb17-01334-130.pdf

S&T Bank is represented by:

     Brian M. Kile, Esq.
     GRENEN & BIRSIC, P.C.,
     One Gateway Center, 9th Floor
     Pittsburgh, PA 15222
     Tel: (412) 281-7650
     E-mail: bkile@grenenbirsic.com

                        About Mann Realty

Headquartered in Camp Hill, Pennsylvania, Mann Realty Associates,
Inc., filed for Chapter 11 bankruptcy protection (Bankr. M.D. Pa.
Case No. 17-01334) on March 31, 2017, estimating its assets at
between $10 million and $50 million and its debts at between $1
million and $10 million.  The petition was signed by Robert M.
Mumma, II, president.

Judge Robert N. Opel II presides over the case.

Craig A. Diehl, Esq., at the Law Offices Of Craig A. Diehl serves
as the Debtor's bankruptcy counsel.

Mann Realty previously filed a voluntary petition under Chapter 11
of the Bankruptcy Code in the U.S. Bankruptcy Court for the Middle
District of Pennsylvania on Jan. 10, 2017, Case No. 17-00080.  The
petition was a "pro se" filing, or case filed without attorney.
The Debtor is an affiliate of Kimbob, Inc., which sought bankruptcy
protection on March 1, 2017, Case No. 17-00836.


MARIA SANCHEZ: Sale of Pharr Property to Palomo for $165K Approved
------------------------------------------------------------------
Judge Eduardo V. Rodriguez of the U.S. Bankruptcy Court for the
Southern District of Texas authorized Maria Magdalena Sanchez's
private sale of a tract of land known as 518 E. Business Highway
83, Pharr, Hidalgo County, Texas ("Property No. 2."), to Michael
Palomo for $165,000, in addition to paying off the debt on the loan
for the property.

The sale is free and clear of all liens, interests, claims and
encumbrances.

At closing, the Debtor will cause and instruct the title company
coordinating the sale of Property No. 2 to pay from the proceeds of
the sale of Property No. 2, and the Debtor is authorized and
directed to pay, only the amounts as follows:

     a. All reasonable, usual and customary closing costs
associated with the sale of Property No. 2 pursuant to the terms of
the Sales Contract

     b. All amounts owed by Debtor to Inter National Bank on Note
No. 2 will be fully paid.

     c. All ad valorem taxing authorities, taxes owed on Property
No. 2, if any, will be fully paid.

     d. All remaining proceeds from the sale of Property No. 2 to
Inter National Bank to be applied to the remaining Notes in
accordance with the Loan Documents and the Agreed Order.

Inter National Bank will release any and all liens on the Debtor's
other property, real or personal, to the extent that such liens
arise from Deed of Trust No. 2, upon receipt of full payment of the
unpaid principal, accrued but unpaid interest, attorneys' fees and
other fees or charges owed by Debtor on Note No. 2.

The net proceeds following the payment of all closing costs, all
first liens, all ad valorem tax liens on the Property, will be paid
to Inter National Bank.

All other junior liens which are subordinate to the liens of Inter
National Bank and the ad valorem taxing entities are divested by
the sale.

The sale is final and will be effective and enforceable immediately
upon entry and will not be stayed pursuant to Bankruptcy Rule
6004(g).

Notwithstanding anything in the Order to the contrary, the Order
relates to the release of all liens against Property No. 2 only,
and any and all other liens of Inter National Bank or other secured
creditors of the Debtor against any other property of the Debtor
will remain and continue in full force and effect.

Maria Magdalena Sanchez sought Chapter 11 protection (Bankr. S.D.
Tex. Case No. 16-70518) on Dec. 5, 2016.  The Debtor tapped Antonio
Martinez, Jr., Esq., as counsel.

The Debtor can be reached at:

          Maria Magdalena Sanchez
          1232 S Bluebonnet St.
          Pharr, TX 78577


MF GLOBAL: Wants to Appeal Ruling on Bermuda Arbitration
--------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that MF Global
asked for permission to appeal the U.S. Bankruptcy Court for the
Southern District of New York's order requiring the defunct
brokerage to arbitrate in Bermuda a coverage dispute with its
excess insurer, Allied World Assurance Co. Ltd.

MF Global, according to Law360, says the decision involves a
controlling issue of law and conflicts with two appellate court
rulings.

As reported by the Troubled Company Reporter on Sept. 13, 2017,
Caroline Simson, writing for Bankruptcy Law360, reported that Judge
Martin Glenn refused to overturn his order requiring MF Global to
arbitrate in Bermuda a coverage dispute with Allied World.

                        About MF Global

New York-based MF Global -- http://www.mfglobal.com/-- was one of
the world's leading brokers of commodities and listed derivatives.

MF Global provides access to more than 70 exchanges around the
world.  The firm also was one of 22 primary dealers authorized to
trade U.S. government securities with the Federal Reserve Bank of
New York.  MF Global's roots go back nearly 230 years to a sugar
brokerage on the banks of the Thames River in London.

On Oct. 31, 2011, MF Global Holdings Ltd. and MF Global Finance USA
Inc. filed voluntary Chapter 11 petitions (Bankr. S.D.N.Y. Case
Nos. 11-15059 and 11-5058), after a planned sale to Interactive
Brokers Group collapsed.  As of Sept. 30, 2011, MF Global had
$41,046,594,000 in total assets and $39,683,915,000 in total
liabilities.

On Nov. 7, 2011, the United States Trustee appointed the statutory
creditors' committee in the Debtors' cases.  At the behest of the
Statutory Creditor's Committee, the Court directed the U.S. Trustee
to appoint a Chapter 11 trustee.  On Nov. 28, 2011, the Bankruptcy
Court entered an order approving the appointment of Louis J. Freeh,
Esq., of Freeh Group International Solutions, LLC, as Chapter 11
trustee.

On Dec. 19, 2011, MF Global Capital LLC, MF Global Market Services
LLC and MF Global FX Clear LLC filed voluntary Chapter 11 petitions
(Bankr. S.D.N.Y. Case Nos. 11-15808, 11-15809 and 11-15810).  On
Dec. 27, the Court entered an order installing Mr. Freeh as Chapter
11 Trustee of the New Debtors.

On March 2, 2012, MF Global Holdings USA Inc. filed a voluntary
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 12-10863), and Mr.
Freeh also was installed as its Chapter 11 Trustee.

Judge Honorable Martin Glenn presides over the Chapter 11 case.  

J. Gregory Milmoe, Esq., Kenneth S. Ziman, Esq., and J. Eric
Ivester, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, serve
as bankruptcy counsel.  The Garden City Group, Inc., serves as
claims and noticing agent.  The petition was signed by Bradley I.
Abelow, Executive Vice President and Chief Executive Officer of MF
Global Finance USA Inc.

The Chapter 11 Trustee has tapped (i) Freeh Sporkin & Sullivan LLP,
as investigative counsel; (ii) FTI Consulting Inc., as
restructuring advisors; (iii) Morrison & Foerster LLP, as
bankruptcy counsel; and (iv) Pepper Hamilton as special counsel.

The Official Committee of Unsecured Creditors has retained Capstone
Advisory Group LLC as financial advisor, while lawyers at Proskauer
Rose LLP serve as counsel.

The Securities Investor Protection Corporation commenced
liquidation proceedings against MF Global Inc. to protect
customers.  James W. Giddens was appointed as trustee pursuant to
the Securities Investor Protection Act.  He is a partner at Hughes
Hubbard & Reed LLP in New York.

Jon Corzine, the former New Jersey governor and co-CEO of Goldman
Sachs Group Inc., stepped down as chairman and chief executive
officer of MF Global just days after the bankruptcy filing.

In April 2013, the Bankruptcy Court approved MF Global Holdings'
plan to liquidate its assets.  Bloomberg News reported that the
court-approved disclosure statement initially told creditors with
$1.134 billion in unsecured claims against the parent holding
company why they could expect a recovery of 13.4% to 39.1% from the
plan.  As a consequence of a settlement with JPMorgan, supplemental
materials informed unsecured creditors their recovery was reduced
to the range of 11.4% to 34.4%.  Bank lenders will have the same
recovery on their $1.174 billion claim against the holding
company.

As a consequence of the settlement, the predicted recovery became
18% to 41.5% for holders of $1.19 billion in unsecured claims
against the finance subsidiary, one of the companies under the
umbrella of the holding company trustee.  Previously, the predicted
recovery was 14.7% to 34% on bank lenders' claims against the
finance subsidiary.


MILK HOUSE: Sale of Yadkin Property to Sizemore for $142K Approved
------------------------------------------------------------------
Judge Lena Mansori James of the U.S. Bankruptcy Court for the
Middle District of North Carolina authorized The Milk House, LLC's
sale of Chimney Field, more specifically Lots 1 through 11 and Lots
13 through 27, and all of Chimney Field Road, as shown on that plat
recorded in Plat Book 9, at Pages 836-837, Yadkin County Registry,
to Bobby Sizemore for $141,720.

The sale is free and clear of any and all liens, encumbrances,
claims, rights, and other interests, including but not limited to
the security interests of Carolina Farm Credit, ACA and Triangle
Chemical, Company.

Farm Credit will receive 100% of the net sale proceeds.

No tax recapture and realtor commissions will be payable at the
closing of the sale.

The 14-day automatic stay under Bankruptcy Rule 6004(h) is waived.

                      About The Milk House

Headquartered in Yadkinville, North Carolina, The Milk House, LLC,
is a single asset real estate.  The Milk House filed for Chapter 11
bankruptcy protection (Bankr. M.D.N.C. Case No. 17-50460) on April
27, 2017, estimating its assets at between $500,000 and $1 million
and liabilities at between $1 million and $10 million.  The
petition was signed by Walter Shore, managing member.  

Judge Lena M. James presides over the Debtor's case.

The Debtor's attorneys:

         Thomas W. Waldrep, Jr.
         Jennifer B. Lyday
         WALDREP LLP
         101 S. Stratford Road, Suite 210
         Winston-Salem, NC 27104
         Telephone: (336) 717-1440
         Facsimile: (336) 717-1340

Contemporaneously, the Debtor's members Wiley Walter Shore and
Shelby Jean Matthews Shore also sought bankruptcy petition.

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


MOSES APSAN: Sets Bidding Procedures for Saddle River Property
--------------------------------------------------------------
Moses Apsan and Nelly Apsan ask the U.S. Bankruptcy Court for the
District of New Jersey to authorize the bidding procedures in
connection with the sale of their residence located at 7 Arrowhead
Lane, Saddle River, New Jersey by auction.

A hearing on the Motion is set for Oct. 24, 2017 at 11:00 a.m.
Objections, if any, must be filed no later than seven days in
advance of the hearing date.

On Oct. 31, 2015, the Debtors entered into a listing agreement with
Prominent Properties Sotheby's International Realty to assist with
the sale of the Property.  The Property is a contemporary home in
need of some repairs.  It is a unique property and contemporary
homes are not in high-demand in the vicinity that this home is
located.

The Property was originally listed for $2,795,000.  Since October
2015, the listing price was periodically and last listed at
$1,699,000.  Despite making necessary repairs and improvements to
the property, the Property continues to require additional repairs
and the ongoing maintenance is a burden to the estate.

An application to retain Keller Williams Village Square Realty was
entered on May 9, 2017.  For the period of time Keller William
Village Square Realty was retained, the Property was shown to 39
potential buyers but no were received.

The confirmation order modified Article 2.5 of the Plan to require
that no later than May 1, 2017, the Debtors would make either a
motion to approve a proposed sale, or, in the event no contract for
the purchase had been obtained by this date, the Debtors would
motion for approval of procedures to sell and establish an auction
date.  The Debtors reserved the right to ask an extension of the
date to sell or auction the Real Property.  Subsequently orders
extending the period to obtain a private sale were entered and the
date to obtain a contract or motion for approval of auction
procedures was extended to Aug. 15, 2017.

An application to retain AJ Wilner Auctions was filed in
partnership with the current listing agent Keller Williams Village
Square Realty.  The Debtor has leased a new home and is relocating
from the Property.  The Debtor can no longer afford to maintain the
Property.

An earlier order allowed the Property to be auctioned and an
auction did occur and a high-bid of $1,090,000 was obtained.
However, the date for which the auction was advertised to be held
and was held was inconsistent with the order authorizing the
auction.  The auction was held on Sept. 18, 2017 and the order
authorizing the sale directed that it be held on Sept. 19, 2017.
The order was served on all creditors and the order was the only
written notice of the auction served on creditors.

The high-bid at the Auction was $1,090,000.  It is believed that
the highest price for the property will be obtained by auctioning
the Property sooner rather than latter and with the joint efforts
of the present real estate broker and auctioneer.

The Property is encumbered by a first mortgage held by Specialized
Loan Servicing, LLC as servicing agent for U.S. Bank National
Association ("SPS").  SPS filed proof of claim No. 9 in the secured
amount of $1,605,436.  A payoff statement dated June 5, 2017
asserts a balance due of $1,637,324.  The SPS balance is inclusive
of the aggregate of any amounts advanced for payment of real
property taxes or insurance on the Real Property.

The Property is further encumbered by a second mortgage loan held
by Lakeland Bank.  In accordance with the confirmation order
Lakeland Bank holds an Allowed Secured Claim in the amount of
$250,000, inclusive of the aggregate principal, accrued and unpaid
interest, and attorneys' fees.  Lakeland Banks' Allowed Secured
Claim is subordinated to Chapter 11 administrative expenses in this
case of up to $35,000.

The Property may be encumbered by certain other liens as set forth
in detail in the title report which will be provided in a
supplemental certification once it is obtained.  The liens that may
encumber the Property include: (i) any and all unpaid property
taxes; (ii) any and all unpaid municipal charges for water and/or
sewer; and (iii) lien recorded in favor of Internal Revenue Service
on January 6, 2014 in the amount of $40,789.

The Property will be sold free and clear of all liens, claims,
interests and encumbrances, with all such liens, claims, interests
and encumbrances to attach to the proceeds of the sale.  After
payment of approved professional fees, the proceeds will be
distributed in accordance with the Plan and confirmation order
amending the Plan.  The Auction will be conducted at the Property
location.

The Debtors ask the Court to authorize the compensation to retained
professionals for approved fees and costs from sale proceeds.

The salient terms of the Bidding Procedures are:

      a. "As Is, Where, Is": The Property, or any part of it, will
be sold "as is, where is," with all faults known or unknown.  The
Debtor makes no representations or warranties, express or implied.

      b. Deposit: A bidder must present at the Auction a cashier's
or certified check(s) made payable to Scura, Wigfield, Heyer &
Stevens, LLC as escrow agent in the amount of $100,000.

      c. Credit Bid: Any creditor with an allowed claim secured by
the Property has the right but not the obligation to credit bid for
the Property.  SLS and Lakeland Bank is deemed a Qualified Bidder
and will be exempt from the qualification requirements set forth.

      d. Auction: The Debtor, through the auctioneer retained in
this case, will conduct the Auction at the Property location on
Oct. 25, 2017 at 11:00 a.m., or such other date and time as may be
fixed by the Court.  All bidding will be open and public.

      e. Bid Increments: $10,000

      f. Closing: The closing of the sale of the Property will take
place in accordance with the Asset Purchase Agreement.

      g. Expenses: Any bidders presenting bids will bear their own
expenses in connection with the proposed sale, whether or not such
sale is ultimately approved.

The proposed sale of the Property meets the Third Circuit's
requirement for a sale of assets out of the ordinary course of
business. A sound business reason exists because the sale is
required by the confirmed plan of reorganization and the proceeds
will be used to pay creditors in accordance with the plan of
reorganization.  Further, the sale of the property will relieve the
ongoing burden to pay property taxes, insurance, and maintain the
Property.  Accordingly, the Debtors ask the Court to approve the
relief sought.

The Debtors ask the Court to waive the 14-day stay period pursuant
to Rule 6004(h).

Counsel for the Debtors:

         David L. Stevens, Esq.
         SCURA, WIGFIELD, HEYER, STEVENS & CAMMAROTA, LLP
         1599 Hamburg Turnpike
         Wayne, NJ 07470
         Telephone: (973) 696-8391

The Chapter 11 case is In re Moses Apsan & Nelly Apsan (Bankr.
D.N.J. Case No. 14-24181).  The Hon. Rosemary Gambardella is the
case judge.


MRI INTERVENTIONS: Closes $13.25 Million Private Placement
----------------------------------------------------------
MRI Interventions, Inc., disclosed the closing of its private
placement of equity units, which resulted in gross proceeds of
$13.25 million, before deducting placement agents' fees and
estimated offering expenses.

The equity units are composed of an aggregate of 6,625,000 shares
of MRI Interventions' common stock and warrants to purchase
6,625,000 shares of its common stock and were sold at a negotiated
price of $2.00 per unit.  The exercise price of the warrants is
$2.20 per share, with the warrants being exercisable for a
five-year period beginning on the original date of issuance.

The proceeds of the offering are expected to be used primarily for
working capital and general corporate purposes, which may include
expansion of sales and clinical teams commensurate with MRI
Interventions' revenue growth, and for its participation in two
recently announced development agreements with Mayo Clinic and
Acoustic MedSystems.

Joseph Gunnar & Co., LLC acted as Lead Placement Agent and
Brookline Capital Markets, a division of CIM Securities, LLC, acted
as Co-Placement Agent for the transaction.

The securities offered and sold by MRI Interventions in the private
placement were not registered under the Securities Act of 1933 or
state securities laws and may not be offered or sold in the United
States absent registration with the U.S. Securities and Exchange
Commission or an applicable exemption from such registration
requirements.  MRI Interventions has agreed to file a registration
statement with the Securities and Exchange Commission covering the
resale of the shares of common stock, including shares of common
stock issuable upon exercise of the warrants, to be issued in the
private placement.  Any resale of MRI Interventions' securities
under such resale registration statement will be made only by means
of a prospectus.

                   About MRI Interventions

Based in Irvine, Calif., MRI Interventions, Inc. --
http://www.mriinterventions.com/-- is a medical device company
that develops and commercializes innovative platforms for
performing minimally invasive surgical procedures in the brain and
heart under direct, intra-procedural magnetic resonance imaging, or
MRI, guidance.  From its inception in 1998 to 2002, the Company
deployed significant resources to fund its efforts to develop the
foundational capabilities for enabling MRI-guided interventions and
to build an intellectual property portfolio.  In 2003, the
Company's focus shifted to identifying and building out commercial
applications for the technologies it developed in prior years.

MRI Interventions incurred a net loss of $8.06 million in 2016,
compared to a net loss of $8.44 million in 2015.  

As of June 30, 2017, MRI Interventions had $16.85 million in total
assets, $8.32 million in total liabilities and $8.52 million in
total stockholders' equity.

Cherry Bekaert LLP, in Charlotte, North Carolina, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company incurred net
losses during the years ended Dec. 31, 2016, and 2015 of
approximately $8.1 million and $8.4 million, respectively.
Additionally, the stockholders' deficit at Dec. 31, 2016, was
approximately $756,000.  These conditions raise substantial doubt
about the Company's ability to continue as a going concern.


MRP GENERATION: S&P Lowers Rating on $290MM Secured Loans to 'B+'
-----------------------------------------------------------------
S&P Global Ratings's forecast for MRP Generation Holdings LLC (MRP)
has declined based on the rating agency's forward-looking view that
the project's key power markets will show weak pricing amid low gas
prices and spark spreads.

S&P Global Ratings thus lowered its issue-level ratings on MRP's
$270 million senior secured term loan B facility due 2022 and $20
million revolving credit facility due 2021 to 'B+' from 'BB-'. The
recovery rating remains '1' (90%-100%: rounded estimate; 95%). S&P
has revised the outlook to stable from negative.

S&P said, "The ratings downgrade on MRP is based on our revised
expectation of lower debt service coverage ratios (DSCR) on a
forward-looking basis. The lower DSCRs reflect our view that
long-term energy market dynamics for gas-fired power plants have
weakened in the California Independent System Operator (CAISO),
even after acknowledging somewhat stronger power prices in the
third quarter of 2017. Lower capacity prices in the
Pennsylvania-New Jersey-Maryland Interconnection (PJM) also
contribute to weaker DSCRs.

"The stable outlook reflects our view that the 'B+' rating captures
market risks associated with operating a gas plant in the CAISO
market and peakers in PJM. We expect the company's minimum debt
service coverage ratio (DSCR) to remain around 1.4x as a result of
continued soft spark spread in PJM and CAISO, and lackluster demand
growth."


NATIONAL EVENTS: Alan Halperin Is Independent Examiner
------------------------------------------------------
Ryan Boysen, writing for Bankruptcy Law360, reports that the U.S.
Bankruptcy Court for the Southern District of New York has approved
Alan D. Halperin, Esq., at Halperin Battaglia Benzija LLP, to serve
as the independent examiner National Events Holdings, LLC, at the
request of the federal bankruptcy watchdog.

Law360 relates that Mr. Halperin will serve alongside the Debtor's
"estate fiduciary" Edward J. LoBello, Esq., at Meyer Suozzi English
& Klein PC.  They are tasked with conducting a probe on the
transactions that led to the Debtor's collapse and uncovering
possible causes of action, the report says.

Law360 recalls that creditors Taly USA Holdings Inc., SLL USA
Holdings, and Hutton Ventures LLC have pushed for Mr. LoBello to
take the reins in the bankruptcy case since it was filed in June,
and wanted Mr. LoBello to lead the post-petition investigation into
the Debtor.  However, the U.S. trustee and Judge James L. Garrity
expressed doubts about that arrangement the parties compromised and
agreed to let the trustee appoint an independent examiner to
conduct a parallel probe, the report states.

According to Law360, a $280,000 debtor-in-possession financing
package put together by Taly, SLL and Hutton will fund the
investigations -- $100,000 to be used to pay off prepetition debts
in a roll-up; $135,000 to go to Mr. LoBello; and $45,000 for Mr.
Halperin.  Law360 relates that the DIP loan was initially slated to
run for six months, but was extended to a full year after prodding
from Judge Garrity.

Mr. Halperin's hourly rate is $575, while Mr. LoBello's is $625,
court documents show.

                 About National Events Holdings

National Events Holdings, LLC, et al., operate together a ticket
broker and wholesale distributor of tickets for sporting and
theatrical events that was formed in 2006.  They provide ticketing
services for all concert, theater and sporting event tickets, as
well as various V.I.P. hospitality packages that deliver exclusive
access to big name events, including hotels, celebrity meet and
greets and exclusive parties.

National Events Holdings, et al., filed for Chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Lead Case No. 17-11556) on June 5,
2017.  Two affiliates -- National Events of America Inc. (Case No.
17-11798) and New World Events Group Inc. (17-11799) -- filed
Chapter 11 petitions on June 28, 2017.  The cases are jointly
administered.

The Debtors' attorneys are Stephen B. Selbst, Esq., and Hanh V.
Huynh, Esq., at Herrick, Feinstein LLP, in New York.  Timothy
Puopolo of RAS Management Advisors, LLC, is the Debtors' as chief
restructuring officer.


NATURE'S CHOICE: Wants Plan Filing Deadline Extended to Nov. 15
---------------------------------------------------------------
Nature's Choice Landscape Supply, Inc., asks the U.S. Bankruptcy
Court for the Northern District of Illinois to extend the time
periods for the Debtor to file a Chapter 11 plan and disclosure
statement, to and including Nov. 15, 2017.

A hearing to consider the Debtor's request is set for Sept. 26,
2017, at 9:30 a.m.

The extension of the time to file a plan of reorganization and
Disclosure Statement will afford the Debtor and all other
parties-in-interest an opportunity to fully develop the grounds
upon which negotiations toward a plan of reorganization can be
based.

The Debtor was required to file its plan of reorganization and
disclosure statement by Sept. 29, 2017.

The Debtor is a landscaping contractor and is waiting to see what
jobs that have been bid out through the end of its season to more
fully understand its ability to offer a repayment to its creditors.
In addition, this is the Debtor's busy season and it is difficult
for its principals to make time to work with counsel to provide
necessary information to formulate its plan of reorganization.

The Debtor has placed bids for snow removal with several commercial
clients.  These bids are for monthly guaranteed contracts and not
dependent upon weather conditions.  Part of the Debtor's financial
struggles stemmed from a reluctance in the industry to enter into
firm monthly contracts but rather use the Debtor's services on an
"as needed" basis.  Given the lack of snow the last few years, this
resulted in drastically reduced revenue to the Debtor.

The Debtor says that as a result of recent weather changes, the
Debtor's clients are now more willing to entertain firm monthly
contracts.  The firm commitments will better enable the Debtor to
budget its income.

                   About Nature's Choice
                   Landscape Supply, Inc.

Nature's Choice Landscape Supply, Inc., filed a Chapter 11
bankruptcy petition (Bankr. N.D. Ill. Case No. 17-07949) on March
14, 2017, disclosing under $1 million in both assets and
liabilities.  The Debtor is represented by Gina B. Krol, Esq., at
Cohen & Krol.


NEPHROS INC: Supply Agreement With Medica Extended Until 2025
-------------------------------------------------------------
Nephros, Inc., entered into a Fourth Amendment to License and
Supply Agreement with Medica S.p.A., which amended the original
License and Supply Agreement, dated April 23, 2012.  Pursuant to
the Fourth Amendment, (1) Medica agreed to extend the term of the
License and Supply Agreement through Dec. 31, 2025; (2) the Company
has agreed to make minimum annual aggregate purchases from Medica
of EUR3,625,000 (approximately $4,273,000 using current exchange
rates), EUR3,825,000 (approximately $4,509,000 using current
exchange rates), and EUR4,000,000 (approximately $4,715,000 using
current exchange rates) in each of calendar years 2023, 2024, and
2025, respectively; and (3) Section 7.1 of the License and Supply
Agreement relating to the Company's right of first refusal in
connection with a proposed change of control of Medica or sale of
the Medica products or technology subject to the License and Supply
Agreement was deleted.

Meanwhile, on Sept. 27, 2017, the Company distributed a letter to
its stockholders in which it disclosed its expected product sales
for the quarter ending Sept. 30, 2017.  A copy of this letter is
available for free at https://is.gd/0L20Ix

                      About Nephros, Inc.

River Edge, N.J.-based Nephros, Inc. -- http://www.nephros.com/--
is a commercial stage medical device company that develops and
sells 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.

Moody, Famiglietti & Andronico, LLP, in Tewksbury, MA, issued a
"going concern" qualification in its report on the consolidated
financial statements for the year ended Dec. 31, 2016.  It said,
"[T]he Company has incurred negative cash flow from operations and
recurring net losses.  These conditions, among others, raise
substantial doubt about its ability to continue as a going
concern."

Nephros reported a net loss of $3.03 million on $2.32 million of
total net revenues for the year ended Dec. 31, 2016, compared with
a net loss of $3.08 million on $1.94 million of total net revenue
for the year ended Dec. 31, 2015.  

As of June 30, 2017, Nephros had $2.84 million in total assets,
$2.05 million in total liabilities and $783,000 in total
stockholders' equity.


NORTHERN OIL: Settles Lawsuit with Former CEO
---------------------------------------------
Northern Oil and Gas, Inc., has entered into an agreement to settle
the lawsuit brought against the company by its former Chief
Executive Officer and Founder, Michael Reger.  Mr. Reger will be
named Chairman Emeritus of Northern in recognition of his vision
and passion in founding Northern and helping to build it into one
of the leading oil producers in the Williston Basin of North Dakota
and Montana.  Northern is pleased to have a resolution to this
matter that it believes is in the best interests of the Company and
its shareholders.

Pursuant to the Agreement: (i) Mr. Reger agreed to dismiss his
lawsuit against the Company; (ii) the Company agreed to pay Mr.
Reger $750,000 in cash and issue Mr. Reger 3,000,000 shares of the
Company's common stock; (iii) the Company agreed to grant Mr. Reger
the title of the Company's "Chairman Emeritus" (an honorary title
with no ongoing duties or powers); (iv) Mr. Reger agreed to a broad
release of claims against the Company and related parties, subject
to certain exceptions; (v) the Company agreed to a broad release of
claims against Mr. Reger, subject to certain exceptions; (vi) Mr.
Reger agreed to cooperate with the Company and generally make
himself available in connection with any legal or similar
proceeding involving the Company; (vii) Mr. Reger agreed to a
customary standstill through and until May 31, 2019; and (viii) the
Company and Mr. Reger agreed to mutual non-disparagement
obligations.  Mr. Reger has the right to revoke the Agreement at
any time on or prior to Oct. 10, 2017, in which case the Agreement
would not become effective.

                       About Northern Oil

Minnetonka, Minnesota-based Northern Oil and Gas, Inc. --
http://www.NorthernOil.com/-- 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.

Northern Oil reported a net loss of $293.5 million on $144.9
million of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of $975.4 million on $275.05 million of
total revenues in 2015.

As of June 30, 2017, Northern Oil had $481.3 million in total
assets, $936.8 million in total liabilities, and a total
stockholders' deficit of $455.5 million.

                          *     *     *

In March 2017, Moody's Investors Service affirmed Northern Oil and
Gas' 'Caa2' Corporate Family Rating (CFR), the 'Caa2-PD'
Probability of Default Rating (PDR), the 'Caa3' senior unsecured
notes rating, and the SGL-4 Speculative Grade Liquidity (SGL)
rating.  The ratings outlook is negative.  "The affirmation
reflects Moody's expectations that Northern Oil & Gas will continue
to have elevated leverage as it increases capital spending in 2017
to keep production volumes flat," commented James Wilkins, Moody's
Vice President-Senior Analyst.  "The negative outlook reflects the
likelihood that the company's earnings will not recover
sufficiently to meet its financial covenants in the second quarter
2018."

In August 2017, S&P Global Ratings lowered its corporate credit
rating on Northern Oil and Gas to 'CCC-' from 'CCC'.  The outlook
is negative.  "The downgrade reflects our view of an increased
likelihood the company could engage in a debt exchange or
restructuring we would view as distressed within the next six
months, whereby holders of the company's unsecured debt would
receive substantially less than par value," S&P said.


PACIFIC 9: Exclusive Plan Filing Deadline Extended Through Dec. 20
------------------------------------------------------------------
Judge Julia W. Brand of the U.S. Bankruptcy Court for the Central
District of California extended Pacific 9 Transportation, Inc.'s
exclusive period to file a Plan, from the current deadline of
August 22, to December 20, 2017.

As reported by the Troubled Company Reporter on August 24, 2017,
the Debtor asked the Court for exclusivity extension, contending
its bankruptcy presents complex issues of employment law that must
be considered when resolving the claims by the Debtor's drivers and
the California Labor Commissioner.

The Debtor also told the Court that its bankruptcy is complex due
to the pre-petition class action lawsuits and the number of claims
filed against.  The Debtor claimed that as of August 22, 2017, 58
proofs of claim have been filed, 42 of which were filed by the
Debtor's drivers and the California Labor Commissioner.

Due to the complexity and number of claims against the Debtor and
the pre-petition class action lawsuits, like the Castro Class
Action, the Debtor proposed a plan that presents two alternatives.
However, the U.S. Trustee and the Official Committee of Unsecured
Creditors filed objections to the Plan and Disclosure Statement.

The Debtor said that it has been diligently working with the
Official Committee of Unsecured Creditors regarding the terms of a
plan and disclosure statement.  As a result, the Debtor filed its
second amended Chapter 11 plan of reorganization dated July 27,
2017, and its second amended Chapter 11 disclosure statement dated
July 27.

The Debtor also said that it needed time to address any objections
the U.S. Trustee may have to the Second Amended Disclosure
Statement.  Further, assuming the Debtor resolves the Committee'
objections and the U.S. Trustee's objections (to the extent it has
any) to the Second Amended Plan and Disclosure Statement, the
Debtor will need time to either file a third amended plan and
disclosure statement or attend the hearing on the adequacy of the
Second Amended Disclosure Statement.

The Debtor assured the Court that it is making good faith progress
toward reorganization: (a) it is in the process of converting to
its new employment model, which is essential to its reorganization,
and (b) has provided the Committee with all of the information it
has requested in the 2004 Motion. The Debtor also assured the Court
that it is paying its bills as they become due.

                  About Pacific 9 Transportation

Pacific 9 Transportation, Inc., is a trucking company located in
Los Angeles, California that provides trucking services throughout
California. The Company rents real property located at 21900 S.
Alameda Street, Los Angeles, CA 90810 for the premises used to
store its trucks, trailers, ocean containers, and legally related
equipment.  As of Sept. 1, 2016, it began using the premises as its
office and principal place of business.

Pacific 9 sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. C.D. Cal. Case No. 16-15447) on April 26, 2016.  The
petition was signed by Le Phan, CFO. The Debtor estimated both
assets and liabilities in the range of $1 million to $10 million.

The case is assigned to Judge Julia W. Brand.

The Debtor hired Haberbush & Associates LLP as its general
bankruptcy counsel; and The Law Firm of Atkinson, Andelson, Loya,
Ruud & Romo as its special counsel.

On June 14, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee retained
Danning, Gill, Diamond & Kollitz, LLP, as local counsel, and Armory
Consulting Company as financial advisor.


PARADISE MEDSPA: Plan Outline Okayed, Plan Hearing on Nov. 8
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Arizona is set to
hold a hearing on November 8 to consider approval of the joint
Chapter 11 plan of reorganization for Paradise Medspa PLLC and its
affiliates.

The hearing will be held at 10:00 a.m., at Courtroom 702.

The court had earlier approved the companies' disclosure statement,
allowing them to start soliciting votes from creditors.  

The order, signed by Judge Madeleine Wanslee on September 19, set a
November 1 deadline for creditors to file their objections and cast
their votes accepting or rejecting the plan.

                      About Paradise Medspa

Paradise Medspa PLLC, Paradise Medspa & Wellness PLLC and Paradise
Property Management LLC filed Chapter 11 petitions (Bankr. D. Ariz.
Case No. 16-13065 to 16-13067) on Nov. 15, 2016.  The petitions
were signed by Rebecca Weiss Glasow, member.

At the time of the filing, Paradise Medspa disclosed that it had
estimated assets of less than $100,000 and liabilities of $1
million to $10 million.  Paradise Medspa & Wellness estimated
assets and liabilities of less than $50,000.  Paradise Property
estimated less than $500,000 in assets and less than $1 million in
liabilities.

The cases are assigned to Judge Madeleine C. Wanslee.  Randy
Nussbaum, Esq., at Sacks Tierney P.A., represents the Debtors as
bankruptcy counsel.


PARETEUM CORP: Touts Recent Developments in Presentation
--------------------------------------------------------
Pareteum Corp. filed with the Securities and Exchange Commission a
slide show presentation, containing an overview of the business --
a copy of which is available for free at https://is.gd/9sctqn

The slide presentation was used by CEO Vic Bozzo and CFO Ted
O'Donnell at the 2017 Disruptive Growth Company Showcase NY
Conference on Sept. 27, in New York.  Contents include:

A. Restructuring Highlights

  * New senior leadership team

  * FTE reduction from 265 to 62 (Q3/15-Q317); rationalized
operations to current business

  * Ongoing organizational rationalization & optimization

B. Capital Markets and Developments

  * Divested ValidSoft subsidiary

  * Raised $6 million in convertible debt and equity in 2016:

      - converted $3.5 million to equity in end-2016/early-2017 +
        March 2017 S-3 ($3.5 million) + July 2017 Warrant Ex ($1
million)

C. Reestablished Sales and Commercial Activities

  * Re-established and expanded relationship with key strategic
customer Vodafone

  * New channel partnerships & ongoing expansion of sales
organization

  * Resulted in record revenue backlog growth

D. Financial Reorganization

   * Actual reported expense savings during 2015 and 2016 thus far
have totaled $7.453 million

   * Operating (adjusted) EBITDA breakeven point achieved at the
end of Q3 2016

   * Q2 2017 Operating (adjusted) EBITDA = $463,000, 168%
improvement over Q2 2016
  
   * ~ 70% gross margins
  
   * Balance sheet cleaned up

                      About Pareteum Corp

New York-based Pareteum Corporation (NYSEMKT: TEUM), formerly known
as Elephant Talk Communications, Inc. -- http://www.pareteum.com/
-- is an international provider of business software and services
to the telecommunications and financial services industry.

Squar Milner, LLP, in Los Angeles, California, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2016, citing that the
Company has suffered recurring losses from operations, has an
accumulated deficit of $287,080,234 and has negative working
capital.  This, according to the auditors, raises substantial doubt
about the Company's ability to continue as a going concern.

Pareteum incurred a net loss of $31.44 million for the year ended
Dec. 31, 2016, compared with a net loss of $5 million for the year
ended Dec. 31, 2015.

The Company's balance sheet at June 30, 2017, showed $11.56 million
in total assets, $15.45 million in total liabilities, and a total
stockholders' deficit of $3.88 million.

"Based on our current expectations with respect to our revenue and
expenses, we expect that our current level of cash and cash
equivalents could be sufficient to meet our liquidity needs for the
next twelve months.  If our revenues do not grow as expected and if
we are not able to manage expenses sufficiently, including required
payments pursuant to the terms of the senior secured debt, we may
be required to obtain additional equity or debt financing.
Although we have previously been able to attract financing as
needed, such financing may not continue to be available at all, or
if available, on reasonable terms as required.  Further, the terms
of such financing may be dilutive to existing shareholders or
otherwise on terms not favorable to us or existing shareholders.
If we are unable to secure additional financing, as circumstances
require, or do not succeed in meeting our sales objectives, we may
be required to change or significantly reduce our operations or
ultimately may not be able to continue our operations," as
disclosed in the Company's latest quarterly report for the period
ended June 30, 2017.


PAWN AMERICA: Needs Until February 7 to Solicit Plan Votes
----------------------------------------------------------
Pawn America Minnesota LLC and its affiliates ask the U.S.
Bankruptcy Court in Minnesota to extend by 120 days the exclusivity
period for the Debtors to obtain acceptance of their Plan of
Reorganization to February 7, 2018.

On August 10, 2017, the Debtors filed their Joint Plan of
Reorganization and Liquidation, and related Disclosure Statement.
A hearing on the adequacy of the Debtors' Disclosure Statement was
initially scheduled for September 28 and then continued to October
11, 2017, at 9:45 a.m.

However, pursuant to Bankruptcy Procedures, the Debtors' exclusive
period to file and obtain acceptance of their Plan expires on
October 10, 2017.  As such, the Debtors now seek an extension to
avoid the necessity of having to pursue confirmation of their Plan
and ensure their Plan best addresses the interests of creditors,
the Debtors, and their estates.

The Debtors tell the Court that as pillar of its Plan, they have
renegotiated the terms of many of their real property leases in an
effort to decrease overhead and become a leaner company. The
Debtors contend, however, that these lease negotiations, are
ongoing and have the potential to create value for creditors and
for the Debtors' estates.

While the Debtors are hopeful that these lease negotiations will be
resolved promptly, the Debtors believe that its unlikely finalized
terms can be reached with remaining landlords by the end of the
exclusivity period. Without information on the finalized terms of
these leases, the Debtors assert that it would be premature to vote
on and confirm the Plan.

Moreover, the Debtors continue to negotiate with the Official
Committee of Unsecured Creditors and TBK Bank, the senior secured
lender, in an effort to resolve disputes over the Plan and
Disclosure Statement. These negotiations have necessarily delayed
the confirmation process, but hold the potential to reduce the time
and costs associated with a contested Plan confirmation.

Finally, the Debtors proffer that their Plan is confirmable and
provides a fair return to all creditors. As such, the Debtors claim
that it is practical to focus the attention of all
parties-in-interest on finalizing the process of confirming the
Debtors' Plan. The Debtors assert that without this relief, the
Debtors' exclusivity period would end and parties without the same
fiduciary duties to creditors would be able to propose competing
plans, which would increase costs to the estates, and needlessly
delay the resolution of these chapter 11 cases.

The Court will hold a hearing on October 10, 2017, at 8:30 a.m.
(prevailing Central time) to consider extending the Debtors'
exclusivity periods. Any response to the requested extension must
be filed and served no later than October 5.

                       About Pawn America

Founded in 1991, Pawn America -- http://www.pawnamerica.com/-- is
engaged in the business of retail sale of used merchandise,
antiques, and secondhand goods.  It currently operates 24 stores in
Minnesota, Wisconsin, South Dakota, and North Dakota and employs
more than 500 people.  It also founded and operates Payday America,
CashPass and MyBridgeNow.

Pawn America Minnesota, LLC, d/b/a Pawn America, and its affiliates
Pawn America Wisconsin, LLC, and Exchange Street, Inc., filed
Chapter 11 petitions (Bankr. D. Minn. Lead Case No. 17-31145) on
April 12, 2017.  The petitions were signed by Bradley K. Rixmann,
chief manager.

At the time of filing, each of the Debtors estimated $10 million to
$50 million in both assets and liabilities.

Stinson Leonard Street LLP serves as bankruptcy counsel to the
Debtors.  BGA Management, LLC, is the Debtors' financial advisor.

On April 25, 2017, the U.S. Trustee for Region 12 appointed an
official committee of unsecured creditors.  Foley & Mansfield,
PLLP, is bankruptcy counsel to the committee.  The Committee
retained Platinum Management, LLC as financial advisor.

                          *     *     *

On Aug. 10, 2017, the Debtors filed their joint Chapter 11 plan of
reorganization and liquidation.


PCM DEVELOPMENT: Auction of Queens Property Moved to Oct. 13
------------------------------------------------------------
Arthur N. Terranova, Esq., as Referee, has postponed to Oct. 13,
2017, at 10:00 a.m. the public auction of the premises identified
as Block 2611 and Lot 35, and appearing on the Queens County Tax
Assessment Map 46-73 Metropolitan Avenue, Ridgewood, New York.

The auction was originally set for September 15, 2017 at the Queens
County Supreme Court, 88-11 Sutphin Boulevard, Jamaica, New York in
Court Room #25.

The sale will be conducted in pursuance and by virtue of a judgment
of foreclosure and sale duly granted by the Supreme Court of Queens
County, New York, on July 5, 2017, in the case, NYCTL 2015-A TRUST
AND THE BANK OF NEW YORK MELLON, AS COLLATERAL AGENT AND CUSTODIAN,
PLAINTIFF v. PCM DEVELOPMENT LLC, et al., DEFENDANTS. INDEX NO.
707790-2016, pending before the Supreme Court of New York, Queens
County.

The Property is sold subject to the terms and conditions of the
filed judgment and terms of sale.  Approximate amount of judgment
is $502,284.65 plus interest and costs.

Attorneys for Plaintiff:

     Phillips Lytle LLP
     28 East Main Street, Suite 1400
     Rochester, New York 14614
     Telephone: (585)758-2110


PEEKAY ACQUISITIONS: TRO Issued Versus Woodforest Bank
------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, reports that a
Delaware bankruptcy court has issued a temporary restraining order
against Peekay Acquisition Inc.'s credit card processing
contractor, Woodforest National Bank.

Law360 relates that Woodforest unexpectedly terminated its services
for Peekay's 46 retail locations in late August.

                    About Peekay Acquisition

Headquartered in Auburn, Washington, Peekay --
http://www.loverspackage.com/-- is a specialty retailer of a broad
selection of lingerie, sexual health and wellness products and
accessories.  Peekay currently owns and operates 47 retail stores
across six states under the brand names "Christals," "LoVerS,"
"ConReV" and A. "A Touch of Romance."

Peekay Acquisitions, LLC, and its affiliates each sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-11722) on Aug. 10,
2017.  The petitions were signed by Albert Altro, chief
restructuring officer.  Judge Brendan Linehan Shannon presides over
the cases.

Peekay Acquisition estimated its assets between $10 million and $50
million and its debts between $50 million and $100 million.

Landis Rath & Cobb LLP serves as the Debtors' bankruptcy counsel.
The Debtors hired SSG Advisors, LLC as investment banker and
Traverse, LLC as financial advisor.  Rust Consulting/Omni
Bankruptcy serves as claims and noticing agent.

On Aug. 21, 2017, five creditors were named to serve in the
official committee of unsecured creditors in the Debtors' cases.
The panel tapped Cullen and Dykman LLP as general counsel;
Whiteford, Taylor & Preston LLC as Delaware counsel; and The DAK
Group, Ltd., as financial advisor.


PIONEER ENERGY: Operations Revenues Impacted by Hurricane Harvey
----------------------------------------------------------------
From time to time, senior management of Pioneer Energy Services
meets with groups of investors and business analysts.  The Company
prepared slides in connection with management's participation in
those meetings and participation in the 2017 Johnson Rice Energy
Conference.  The slides provide an update on the Company's
operations and certain recent developments, which among others,
include a trailing twelve months' percentage of revenue for each
business line and the following:

Drilling

   * August quarter-to-date utilization was 78%.  Current
utilization is 83%.

   * In Colombia, six of eight rigs are under term contract.  Four
rigs are currently working with remaining two rigs expected to
mobilize and begin working during the middle of the fourth quarter
of 2017.

Production Services

   * Hurricane Harvey negatively impacted production services gulf
coast operations revenues by approximately $3.0 million, which was
partially offset by better than expected pricing and activity
during the quarter.

   * Well Servicing August quarter-to-date utilization was 42% as
compared to 47% in the prior quarter. September month-to-date
utilization is 46%.

The slides are available for free at https://is.gd/Nj9OFJ

                    About Pioneer Energy

Pioneer Energy Services Corp. -- http://www.pioneeres.com/--
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.  As
of Dec. 31, 2016, the Company's drilling rig fleet is 100%
pad-capable, consisting of 16 AC rigs in the US and eight SCR rigs
in Colombia.  In addition to the Company's drilling rigs, it
provides the drilling crews and most of the ancillary equipment
needed to operate our drilling rigs.

Pioneer Energy incurred a net loss of $128.4 million in 2016, a net
loss of $155.1 million in 2015, and a net loss of $38.01 million in
2014.  As of June 30, 2017, Pioneer Energy had $708.5 million in
total assets, $470.7 million in total liabilities and $237.9
million in total shareholders' equity.

                           *    *    *

Moody's Investors Service, on March 3, 2016, downgraded Pioneer
Energy'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."

In March 2017, S&P Global Ratings affirmed its 'B-' corporate
credit rating on Pioneer Energy.  The outlook is negative.  "Our
rating affirmation follows Pioneer's recently announced growth
guidance for the first quarter of 2017 along with year-end 2016
earnings," said S&P Global Ratings Credit Analyst Aaron McLean.


PLASTIPAK HOLDINGS: S&P Lowers CCR to 'B+' on Recapitalization
--------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Plymouth,
Mich.-based packaging company Plastipak Holdings Inc. to 'B+' from
'BB-'. The outlook is stable.

S&P noted that Plastipak Holdings Inc. intends to address the
August 2017 put option that Goldman Sachs Capital Partners has on
its minority equity stake in Plastipak, currently valued at $650
million, through a partial cash redemption and rollover equity that
will also be puttable to the company in 2020. Plastipak Holdings
has proposed a new financing package, comprising a $300 million
revolving credit facility due 2022, a U.S. dollar-denominated $650
million term loan B due 2024, and $500 million of unsecured notes
due 2025. The funds raised from this financing, together with
balance sheet cash, will fund a $450 million cash payment to
Goldman, refinance about $705 million of the company's debt, and
pay for premiums, fees, and expenses related to the transaction.

S&P said, "At the same time, we assigned our 'BB-' issue-level and
'2' recovery ratings to the company's proposed $300 million
revolving credit facility due 2022 and $650 million seven-year
first-lien term loan due 2024. The '2' recovery rating indicates
our expectation for substantial (70%-90%; rounded estimate: 85%)
recovery for lenders in the event of a payment default.

"We also assigned our 'B' issue-level and '5' recovery ratings to
the company's proposed $500 million senior unsecured notes due
2025. The '5' recovery rating indicates our expectation for modest
(10%-30%; rounded estimate: 10%) recovery for lenders in the event
of a payment default.

"The ratings downgrade reflects the deterioration in Plastipak's
adjusted credit metrics following the company's proposed
recapitalization, with sizable debt issuance. We expect Plastipak's
adjusted debt balance to increase by about $325 million, which we
estimate will push pro forma adjusted debt to EBITDA to around 6x
at close. Thereafter, we forecast gradual improvement in these
credit metrics, driven by earnings improvement and modest debt
reduction with excess cash flows. However, we expect that leverage
will remain slightly above 5x over the next 12 months.

"S&P Global Ratings' stable outlook on Plastipak reflects our
expectation that relatively stable end markets, an improved revenue
mix and, efficiency improvements, and other cost savings should
support Plastipak's operating results and provide excess cash flows
to gradually reduce debt balances, though we still expect leverage
to remain above 5x over the next year.
"We could lower our ratings on Plastipak if the company's credit
measures deteriorate such that leverage increases above 6.5x and we
do not expect it to recover in the next 12 months.

"We could raise our ratings if Plastipak can increase its EBITDA
and free cash flow such that it sustains S&P Global
Ratings-adjusted debt to EBITDA of about 5x or less. This could
occur over the next 12 months if the company's revenue growth
exceeds our base-case forecast by about 100 bps and the company's
EBITDA margins reach about 11%."


PRIDE OF THE HILLS: Seeks Permission to Use CSB Cash Collateral
---------------------------------------------------------------
Pride of the Hills Manufacturing Inc. and its affiliates Pride of
the Hills Manufacturing of Killbuck Inc. and Audrian Properties LLC
seek authorization from the U.S. Bankruptcy Court for the Northern
District of Ohio to use cash collateral, in the ordinary course of
their businesses, including, but not limited to, meeting their
respective working capital needs.

The Debtors do not currently have a source of cash that is not
asserted to be cash collateral. The Debtors require cash to meet
postpetition payroll, to pay necessary business expenses, and to
continue their operation.

The Debtors have provided a detailed and reasonable estimate of the
cash needs for its operations in the form of a day-to-day line item
Interim Budget.  The Interim Budget for week ending Sept. 8 through
Dec. 1, 2017 provides estimated payroll expenses of approximately
$722,705; other recurring expenses of approximately $395,971; and
materials disbursements of $1,655,414.

The ability of the Debtors to continue in business and remain a
viable entity and to have any prospect to propose a plan of
reorganization under chapter 11 of the Bankruptcy Code depends upon
obtaining such authority to immediately use cash collateral on the
Petition Date.

The Debtor entered into several credit agreements with its primary
prepetition lender, The Commercial & Savings Bank under which the
Debtor owes approximately $6,325,065 to CSB. To secure its
prepetition obligations to CSB, the Debtor granted to CSB a
security interest in the Debtor's property including: (a) accounts
receivable, inventory, work in progress, and raw materials; (b)
furniture, fixtures, and equipment; (c) the Debtor's remaining
tangible and intangible property; (d) the Debtor Pride of the Hills
Mfg.'s real property located at 8248 St. Rt. 514 Big Prairie, Ohio;
and (e) the Debtor Audrian's real property located at 9867 CR 35,
Killbuck, Ohio 44637.

The proposed Interim Order grants CSB additional security as
adequate protection of its security interests. CSB will be granted
valid, binding, enforceable and perfected post-petition replacement
liens and additional liens in all of the Debtors' post-petition
assets except for those causes of action under Chapter 5 of the
Bankruptcy Code and the proceeds of Avoidance Actions. The Adequate
Protection Liens will secure an amount of the Prepetition Loans
equal to the aggregate amount of cash collateral expended during
the Interim Period.

A full-text copy of the Debtor's Motion, dated September 19, 2017,
is available at https://is.gd/HKzGYH


                    About Pride of the Hills
                       Manufacturing Inc.

Pride of the Hills Manufacturing Inc. --
http://www.prideofthehills.com/-- is a manufacturer of oil & gas
production equipment, sand separators, line heaters, gas
conditioning and automation systems in the Utica and Marcellus
regions.  It also provides field service and support, training and
consulting.  Founded by Curt Murray Sr., Pride of the Hills has
been an active custom designer and manufacturer in the North
American oil and natural gas Industry for 40 years.

Pride of the Hills and its affiliates Pride of the Hills
Manufacturing of Killbuck Inc. and Audrian Properties LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Ohio Case Nos. 17-62060 to 17-62062) on September 18, 2017.  Curtis
W. Murray, Sr., president, signed the petitions.

Judge Russ Kendig presides over the cases.

Manufacturing Inc. listed under $500,000 in assets; and
Manufacturing of Killbuck Inc. estimated under $50,000 in assets.
Both Debtors estimated between $1 million and $10 million in
liabilities.  Audrian Properties estimated between $1 million and
$10 million in both assets and liabilities.


PRIME SIX: Unsecured Creditors to Recoup 5% in Five Annual Payments
-------------------------------------------------------------------
Prime Six, Inc., filed with the U.S. Bankruptcy Court for the
Eastern District of New York a disclosure statement dated Sept. 18,
2017, referring to the Debtor's Chapter 11 plan of reorganization.

Class 2 General Unsecured Trade Claims -- estimated at $586,388 --
will recover (i) through five annual payments of 1% or $29,319.40;
or (ii) $11,727.76 in a single payment of 2% at the option of the
holder of the allowed claim.

The holder of an Allowed Class 3 Claim will receive on or as soon
as is practicable after the Distribution Date, from the disbursing
agent, the Debtor will pay to each holder of an Allowed General
Unsecured Trade Claim, cash in an amount equal to 1% of the face
amount of Allowed Unsecured Trade Class 3 Claim payable annually on
the anniversary of the Effective date for a total of five payments
of 1%, aggregating 5% thereof, by the Debtor following the
Effective Date, unless the holder of unsecured claim agrees in
writing to accept a cash payment of 2% of the face amount of
Allowed Unsecured Trade Claim within 30 days of the first
Distribution Date in lieu thereof.

Except to the extent that a holder of an Allowed Class 3 General
Unsecured Trade Claim, if any, has been paid prior to the
Distribution Date or the date the claim becomes an Allowed General
Unsecured Trade Claim, or a pro rata share of the net profits
generated by the Debtor's business operation in quarterly payments
starting on the distribution date and continuing over a period
ending not later than five years after the Distribution Date.
Payment will be in full satisfaction, settlement, release and
discharge of, and in exchange for the Allowed Class 2 General
Unsecured Trade Claim.

Distributions to the holder of the Allowed Class 2 General
Unsecured Trade Claim will be made by the Debtor at the Debtor's
sole discretion.  It will be an event of default solely under this
Article III (B)(1)(b), (x) if the Debtor fails to make any payment
to the Holder of the Class 4(b) General Unsecured Trade Claim as
agreed with such Holder, (y) if the Debtor fails to pay any
post-confirmation pro rata net profit payment owing to the Holder
of the Class 4(b) General Unsecured Trade Claim as agreed with the
holder, or  (z) fails to file post-confirmation tax returns by the
due date of the return or of any extension of time permitted under
title 26, U.S. Code.

In the event of any default under the Article III(B)(1)(b), the
holder of the Class 2 Allowed General Unsecured Trade Claim will
provide written notice to the Debtor and their counsel.  The notice
will, at a minimum (a) identify the nature of the default, (b)
state the amount of the default, if any, (c) notify the Debtor of
the last date upon which default can be cured and (d) notify the
Debtor that if claim distributions to the holder of the Allowed
Class 2 General Unsecured Trade Claim will be made by the Debtor,
at the Debtor's sole discretion.  Upon receipt of written notice of
default, the Debtor will have a period of 30 days from receipt of
notice to cure default and during 30 days, the holder of a Class 2
Allowed General Unsecured Trade Claim will take no action against
the Debtor.  If the default is cured by the Debtor on or within the
30-day period, then the Plan will continue in full force and effect
as if no default had occurred.

If the Debtor fails to cure the default on or within the 30-day
period, then the holder of an Allowed Class 2 General Unsecured
Trade Claim may collect any unpaid liabilities from the Debtor; in
the case of uncured default, the automatic stay of 11 USC 362(a) is
lifted solely to permit the holder of an Allowed Class 2 General
Unsecured Trade Claim to collect any unpaid Claims owing to it
without further order of the Court.

Stockholder Akiva Ofshtein, Esq., will make a cash contribution to
the Debtor equal to 100% of the Appraised Forced Liquidation Value
of All of the Debtor's Equipment and Inventory as of the Effective
Date.  The Debtor will transfer the Cash Contributed by its
Stockholder in an amount at least equal to the appraised
liquidation value of all of the Debtor's assets, as appraised by
court-approved Senser Appraisal Associates' report dated Oct. 27,
2015, together with any net cash remaining in the Debtor's bank or
Premises from liquidation of its Inventory, to the Debtor which
will assume liability for payment of those claims not otherwise
paid in quarterly installments by the Debtor, pursuant to the
priorities established by bankruptcy law: i.e., Administration
Expenses, Allowed Priority Non-Tax Claims, General Unsecured Claims
which obtain a judgment against the Debtor.  As a result, the
Debtor will be relieved of all liability for the claims or
judgments, including the legal defense thereof, arising therefrom.


A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/nyeb17-40104-59.pdf

As reported by the Troubled Company Reporter on Aug. 11, 2016, the
Debtor filed with the Court a third amended disclosure statement
describing the Debtor's plan of reorganization.  Under the Plan,
General Unsecured Claims totaling $454,943.62 were classified as
Class 4 and the holders would be paid 10% dividend of their allowed
claims in 60 equal monthly installments effective 30 days after the
Effective Date of the Plan.  Holders of Class 5 Disputed General
Unsecured Claims totaling $603,597.84 would be paid 10% dividend of
their allowed claims in 60 equal monthly installments effective 30
days after the Effective Date of the Plan.  That plan proposed that
payments and distributions under the Plan be funded by continued
operation and increased earnings of the Debtor.

                        About Prime Six

Prime Six Inc. dba Woodland NYC, based in Brooklyn, N.Y., filed a
Chapter 11 petition (Bankr. E.D.N.Y. Case No. 17-40104) on Jan. 11,
2017.  The Hon. Carla E. Craig presides over the case.  Randall S.
D. Jacobs, Esq., serves as bankruptcy counsel.

In its petition, the Debtor declared $47,417 in total assets and
$1.45 million in total liabilities.  The petition was signed by
Akiva Ofshtein, president.

A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nyeb17-40104.pdf


PUERTO RICO: Debt Hearings Postponed, Moved to New York
-------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that U.S.
District Judge Laura Taylor Swain has pushed back impending debt
restructuring hearings and moved them from San Juan to her
courtroom in New York to accommodate the immediate crises on the
island caused by Hurricane Maria.

                      About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States that's facing a massive bond debt of $70 billion,
a 68% debt-to-GDP ratio and negative economic growth in nine of the
last 10 years.

The Commonwealth of Puerto Rico has sought bankruptcy protection,
aiming to restructure its massive $74 billion debt-load and $49
billion in pension obligations.

The debt restructuring petition was filed by Puerto Rico's
financial oversight board in U.S. District Court in Puerto Rico
(Case No. 17-01578) on May 3, 2017, and was made under Title III of
2016's U.S. Congressional rescue law known as the Puerto Rico
Oversight, Management, and Economic Stability Act ("PROMESA").

The Financial Oversight and Management Board later commenced Title
III cases for the Puerto Rico Sales Tax Financing Corporation
(COFINA) on May 5, 2017, and the Employees Retirement System (ERS)
and the Puerto Rico Highways and Transportation Authority (HTA) on
May 21, 2017.  On July 2, 2017, a Title III case was commenced for
the Puerto Rico Electric Power Authority ("PREPA").

U.S. Chief Justice John Roberts has appointed U.S. District Judge
Laura Taylor Swain to oversee the Title III cases.  The Honorable
Judith Dein, a United States Magistrate Judge for the District of
Massachusetts, has been designated to preside over matters that may
be referred to her by Judge Swain, including discovery disputes,
and management of other pretrial proceedings.

Joint administration of the Title III cases, under Lead Case No.
17-3283, was granted on June 29, 2017.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets, as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose; and Hermann D. Bauer, Esq., at
O'Neill & Borges are on-board as attorneys.

McKinsey & Co. is the Board's strategic consultant, Ernst & Young
is the Board's financial advisor, and Citigroup Global Markets Inc.
is the Board's municipal investment banker.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains a case web site at:

           https://cases.primeclerk.com/puertorico

Epiq Bankruptcy Solutions LLC is the service agent for ERS, HTA,
and PREPA.

O'Melveny & Myers LLP is counsel to the Commonwealth's Puerto Rico
Fiscal Agency and Financial Advisory Authority (AAFAF), the agency
responsible for negotiations with bondholders.

The Oversight Board named Professor Nancy B. Rapoport as fee
examiner and to chair a committee to review professionals' fees.

                      Bondholders' Attorneys

Toro, Colon, Mullet, Rivera & Sifre, P.S.C. and Kramer Levin
Naftalis & Frankel LLP serve as counsel to the Mutual Fund Group,
comprised of mutual funds managed by Oppenheimer Funds, Inc.,
Franklin Advisers, Inc., and the First Puerto Rico Family of Funds,
which collectively hold over $3.5 billion in COFINA Bonds and over
$2.9 billion in other bonds issued by Puerto Rico and other
instrumentalities, including over $1.8 billion of Puerto Rico
general obligation bonds ("GO Bonds").

White & Case LLP and Lopez Sanchez & Pirillo LLC represent the UBS
Family of Funds and the Puerto Rico Family of Funds, which hold
$613.3 million in COFINA bonds.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, Robbins, Russell,
Englert, Orseck, Untereiner & Sauber LLP, and Jimenez, Graffam &
Lausell are co-counsel to the ad hoc group of General Obligation
Bondholders, comprised of Aurelius Capital Management, LP, Autonomy
Capital (Jersey) LP, FCO Advisors LP, Franklin Mutual Advisers LLC,
Monarch Alternative Capital LP, Senator Investment Group LP, and
Stone Lion Capital Partners L.P.

Quinn Emanuel Urquhart & Sullivan, LLP and Reichard & Escalera are
co-counsel to the ad hoc coalition of holders of senior bonds
issued by COFINA, comprised of at least 30 institutional holders,
including Canyon Capital Advisors LLC and Varde Investment
Partners, L.P.

Correa Acevedo & Abesada Law Offices, P.S.C., is counsel to Canyon
Capital Advisors, LLC, River Canyon Fund Management, LLC, Davidson
Kempner Capital Management LP, OZ Management, LP, and OZ Management
II LP (the QTCB Noteholder Group).

                           Committees

The U.S. Trustee formed a nine-member Official Committee of
Retirees and a seven-member Official Committee of Unsecured
Creditors of the Commonwealth.  The Retiree Committee tapped Jenner
& Block LLP and Bennazar, Garcia & Milian, C.S.P., as its
attorneys.  The Creditors Committee tapped Paul Hastings LLP and
O'Neill & Gilmore LLC as counsel.


QUADRANT 4: Reaches Pact With SEC, No Penalty Over Alleged Fraud
----------------------------------------------------------------
Jack Newsham, writing for Bankruptcy Law360, reports that Quadrant
4 System Corp. won't have to pay a cent under a settlement filed by
the U.S. Securities and Exchange Commission in Illinois federal
court.

Law360 recalls that Quadrant 4 executives Nandu Thondavadi and Dhru
Desai were charged with wire fraud in 2016.  Citing the SEC, the
report shares that Messrs. Thondavadi and Desai "engaged in a
fraudulent financial reporting scheme in order to conceal their
misappropriation of over $4.1 million," hide liabilities, inflate
revenue, overstate assets and otherwise cook the books to trick
banks that lent money to their company, QFOR.  Messrs. Thondavadi
and Desai had already agreed not to breach federal securities laws,
according to the report.  

While a partial settlement in July had left the door open for the
SEC to seek disgorgement and penalties, a new proposed final
judgment makes clear that the government won't seek any of that,
Law360 relates.

Law360 says that the SEC is represented by Meredith Jenkins Laval,
while Quadrant 4 is represented by Faegre Baker Daniels.

                    About Quadrant 4 System

Quadrant 4 System Corporation (OTC:QFOR) -- http://www.qfor.com/--
sells IT products and services.  Its revenues are primarily
generated from the placement of staffing or solution consultants,
and the sale and licensing of its proprietary cloud-based Software
as a Service (SaaS) systems, as well as a wide range of technology
oriented services and solutions.  Quadrant's principal executive
offices are located in Schaumburg Illinois.  The Company also
operates its business from various offices located in Naples,
Florida; Alpharetta, Georgia; Bingham Farms, Michigan; Cranbury,
New Jersey; Pleasanton, California; and Ann Arbor, Michigan.

Quadrant 4 System is the 100% owner of the issued and outstanding
common stock of Stratitude, Inc., a California corporation, which
it acquired on or about Nov. 3, 2016. Concurrently with the
Stratitude Acquisition, Stratitude acquired certain of the assets
of Agama Solutions, Inc., a California corporation.  Both
Stratitude and Agama are located in Pleasanton and Fremont,
California and are engaged in the IT business.

Quadrant 4 System disclosed total assets of $47.05 million and
total liabilities of $31.39 million as of Sept. 30, 2016.

Quadrant 4 System filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 17-19689) on June 29, 2017.  CEO Robert H. Steele signed
the petition.

Quadrant 4, which was subject to a securities fraud probe that led
to the arrest and resignation of its top two executives seven
months ago, sought Chapter 11 protection after reaching a
settlement with the U.S. Securities and Exchange Commission and
signing deals to sell four business segments for at least $6.9
million.

The Chapter 11 case is assigned to Judge Jack B. Schmetterer.

The Debtor's bankruptcy attorneys are Adelman & Gettleman, Ltd.'s
Chad H. Gettleman, Esq. and Nathan Q. Rugg, Esq.  Nixon Peabody LLP
acts as special counsel for matters concerning taxes, labor, ERISA,
securities compliance, international law, and related matters while
Faegre Baker Daniels LLP acts as special counsel for securities
litigation.  Silverman Consulting Inc., serve as financial
consultants to the Debtor, and Livingstone Partners, LLC, as
investment banker.

On July 10, 2017, a three-member panel was appointed as official
committee of unsecured creditors in the Debtor's case.  Sugar
Felsenthal Grais & Hammer LLP serve as counsel to the Committee and
Amherst Partners, LLC as financial advisor.


QUADRANT 4: SEC Drops Securities Fraud Claims
---------------------------------------------
Plaintiff U.S. Securities and Exchange Commission has determined
not to seek imposition of disgorgement, prejudgment interest, and a
civil penalty as to Defendant Quadrant 4 System Corporation in
light of the liquidating Chapter 11 bankruptcy case.

The SEC thus submits the Final Judgment as to Defendant Quadrant 4
System Corporation. Counsel to Defendant Quadrant 4 agrees with the
filing of this Motion. The SEC asks the U.S. District Court for the
Northern District of Illinois to enter the Final Judgment, which
fully resolves the SEC's claims against Defendant Quadrant 4.

U.S. District Judge Sara L. Ellis orders that the Defendant is
permanently restrained and enjoined from violating, directly or
indirectly, Section 10(b) of the Securities Exchange Act of 1934
and Rule 10b-5 promulgated thereunder by using any means or
instrumentality of interstate commerce, or of the mails, or of any
facility of any national securities exchange, in connection with
the purchase or sale of any security:

(a) to employ any device, scheme, or artifice to defraud;

   (b) to make any untrue statement of a material fact or to omit
to state a material fact necessary in order to make the statements
made, in the light of the circumstances under which they were made,
not misleading; or

   (c) to engage in any act, practice, or course of business which
operates or would operate as a fraud or deceit upon any person.

The Defendant is also permanently restrained and enjoined from
violating Section 15(d) of the Exchange Act or Rules 12b-20, 15d-1,
15d-11, and 15d-13 thereunder by failing to file accurate periodic
and current reports with the Commission.

The case is SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v.
QUADRANT 4 SYSTEM CORP., NANDU THONDAVADI, and DHRU DESAI,
Defendants, Civil Action No. 17-cv-04883 (N. D. Ill.).

A full-text copy of Judge Ellis' Order dated Sept. 20, 2017, is
available at https://is.gd/H1o1Wu from Leagle.com.

United States Securities and Exchange Commission, Plaintiff,
represented by Meredith Jenkins Laval, Securities and Exchange
Commission.

United States Securities and Exchange Commission, Plaintiff,
represented by Michael D. Foster  -- fostermi@sec.gov -- U.S.
Securities & Exchange Commission & Robin Andrews, U.S. Securities &
Exchange Commission.

Quadrant 4 System Corporation, Defendant, represented by David
William Porteous -- david.porteous@FaegreBD.com -- Faegre Baker
Daniels LLP, Colby Anne Kingsbury -- colby.kingsbury@FaegreBD.com
-- Faegre Baker Daniels LLP & Ruben Ignacio Gonzalez --
ruben.gonzalez@FaegreBD.com -- Faegre Baker Daniels LLP.

Nandu Thondavadi, Defendant, represented by Terence H. Campbell --
tcampbell@cotsiriloslaw.com -- Cotsirilos, Tighe, Streicker,
Poulos, & Campbell, Ltd., Theodore Thomas Poulos --
tpoulos@cotsiriloslaw.com -- Cotsirilos, Tighe, Streicker, Poulos,
& Campbell, Ltd. & Marty Basu -- mbasu@cotsiriloslaw.com --
Cotsirilos Tighe Streicker Poulos & Campbell Ltd.

Dhru Desai, Defendant, represented by Jeffrey E. Stone –
jstone@mwe.com -- McDermott Will & Emery LLP, Steven Samuel Scholes
– sscholes@mwe.com -- McDermott Will & Emery LLP & Sean M.
Hennessy – shennessy@mwe.com -- McDermott Will & Emery LLP.

                 About Quadrant 4 System

Quadrant 4 System Corporation (OTC:QFOR) -- http://www.qfor.com/--
sells IT products and services.  Its revenues are primarily
generated from the placement of staffing or solution consultants,
and the sale and licensing of its proprietary cloud-based Software
as a Service (SaaS) systems, as well as a wide range of technology
oriented services and solutions.  Quadrant's principal executive
offices are located in Schaumburg Illinois.  The Company also
operates its business from various offices located in Naples,
Florida; Alpharetta, Georgia; Bingham Farms, Michigan; Cranbury,
New Jersey; Pleasanton, California; and Ann Arbor, Michigan.

Quadrant 4 System is the 100% owner of the issued and outstanding
common stock of Stratitude, Inc., a California corporation, which
it acquired on or about Nov. 3, 2016. Concurrently with the
Stratitude Acquisition, Stratitude acquired certain of the assets
of Agama Solutions, Inc., a California corporation.  Both
Stratitude and Agama are located in Pleasanton and Fremont,
California and are engaged in the IT business.

Quadrant 4 System disclosed total assets of $47.05 million and
total liabilities of $31.39 million as of Sept. 30, 2016.

Quadrant 4 System filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 17-19689) on June 29, 2017.  CEO Robert H. Steele signed
the petition.

Quadrant 4, which was subject to a securities fraud probe that led
to the arrest and resignation of its top two executives seven
months ago, sought Chapter 11 protection after reaching a
settlement with the U.S. Securities and Exchange Commission and
signing deals to sell four business segments for at least $6.9
million.

The Chapter 11 case is assigned to Judge Jack B. Schmetterer.

The Debtor's bankruptcy attorneys are Adelman & Gettleman, Ltd.'s
Chad H. Gettleman, Esq. and Nathan Q. Rugg, Esq.  Nixon Peabody LLP
acts as special counsel for matters concerning taxes, labor, ERISA,
securities compliance, international law, and related matters while
Faegre Baker Daniels LLP acts as special counsel for securities
litigation.  Silverman Consulting Inc., serve as financial
consultants to the Debtor, and Livingstone Partners, LLC, as
investment banker.

On July 10, 2017, a three-member panel was appointed as official
committee of unsecured creditors in the Debtor's case.  Sugar
Felsenthal Grais & Hammer LLP serve as counsel to the Committee and
Amherst Partners, LLC as financial advisor.


RAYONIER AM: Moody's Confirms Ba3 CFR; Outlook Stable
-----------------------------------------------------
Moody's Investors Service confirmed Rayonier A.M. Products Inc. Ba3
corporate family rating (CFR), Ba3-PD probability of default rating
(PDR) and B1 senior unsecured notes rating. The rating confirmation
concludes a review for downgrade that was initiated on May 25, 2017
following RYAM's announcement that it signed an agreement to
acquire Tembec Industries Inc. ("Tembec") (B2 ratings under review
up) for a total consideration of about $870 million. The rating
outlook is stable and the speculative grade liquidity rating
remains unchanged at SGL-1.

"The rating confirmation and stable outlook is based on Moody's
expectation that RYAM's acquisition of Tembec will close by
year-end with leverage remaining around 4 times over the next two
years " said Ed Sustar, Moody's Senior Vice President. "RYAM will
also benefit from the enhanced operational flexibility and
diversification from the addition of Tembec's specialty cellulose,
lumber, high-yield pulp, packaging and newsprint businesses", added
Sustar.

Rating Actions:

Corporate Family Rating, Confirmed at Ba3

Probability of Default Rating, Confirmed at Ba3-PD

Senior Unsecured Notes due 2024, Confirmed at B1 (LGD5)

Outlook, Changed to Stable from Rating Under Review

RATINGS RATIONALE

RYAM's Ba3 CFR is supported by its leading global market position
as a specialty cellulose ("SC") pulp manufacturer, with strong
operating margins, product offering with cyclical end markets and
leverage of about 4 times. Most of RYAM's acetate-based SC
production is used to manufacture cigarette filters that is
currently oversupplied as demand for tobacco has softened. Tembec's
ether-based SC is used primarily as a thickening agent, which has a
higher growth than acetate SC, and which greatly enhances the
operational flexibility of producing RYAM's core product through 4
well capitalized mills. The acquisition also significantly
increases RYAM's scale, expands the company's global presence with
SC mills in Canada and France, and diversifies its product mix with
the addition of ether-based SC, 7 sawmills, 2 high-yield pulp
mills, a paper packaging and a newsprint mill. RYAM's pro forma
adjusted leverage (debt/EBITDA, including Moody's standard
adjustments) will remain essentially unchanged from its
pre-acquisition leverage of 4.3x (as of June 2017).

RYAM has strong liquidity (SGL-1), supported by $369 million in
cash as of June 2017 and almost full availability under a $250
million revolving credit facility that matures in June 2019. Pro
forma for the Tembec acquisition, the company will have about $70
million in cash, essentially full availability under a new $250
million revolving credit facility that matures in 2023 and Moody's
expectation of about $60 million positive free cash flow over the
next 4 quarters. RYAM has modest debt maturities over the next
several years (about $16 million per year) and Moody's expects the
company to remain within its covenants. A significant portion of
the company's assets are encumbered by the company's unrated
revolver and term loans.

The stable outlook reflects Moody's view that RYAM will be able to
maintain good operating performance and liquidity as it integrates
Tembec's large operating platform. The growth in demand and pricing
of Tembec's ether-based SC business will mostly offset weaker
demand and pricing of RYAM's actetate-based SC business. Moody's
expects that RYAM and industry peers will manage pulp, lumber and
paper supply to remain in line with anticipated demand levels to
minimize earnings volatility in these very cyclical industry
segments.

An upgrade would depend on a sustained improvement in the company's
financial performance. Quantitatively, this could result if RYAM is
able to maintain Debt/EBITDA around 3.5x (4.3x as of June 2017) and
adjusted (RCF-Capex)/Debt around 10% (8.5% as of June 2017),
adjusted per Moody's standard definitions. The rating could be
downgraded if the company's liquidity deteriorates significantly or
if Debt/EBITDA exceeds 4.5x (4.3x as of June 2017) and adjusted
(RCF-Capex)/Debt drops below 5% (8.5% as of June 2017) for a
sustained period of time.

The principal methodology used in these ratings was Global Paper
and Forest Products Industry published in October 2013.

Rayonier A.M. Products Inc., headquartered in Jacksonville,
Florida, is a leading global producer of specialty cellulose pulp,
which is used as a raw material to manufacture a diverse array of
consumer products such as cigarette filters, LCD screens, coatings
and plastic films. With $840 million in revenue (LTM June 2017),
the company's main operating segments include specialty cellulose
pulp (80% of sales) and commodity viscose and other pulp (20%).

Headquartered in Montreal, Quebec, Tembec is an integrated paper
and forest products company with operations primarily in Canada and
a mill in France. With CND$1.5 billion in revenue (LTM June 2017),
the company's main operating segments include specialty cellulose
pulp (30% of sales), wood products (25%), packaging and newsprint
(26%) and high-yield pulp (19%).


RENT-A-WRECK: Seeks February 19 Plan Exclusivity Extension
----------------------------------------------------------
Rent-A-Wreck of America, Inc. and its affiliated debtors ask the
U.S. Bankruptcy Court for the District of Delaware for a 90-day
extension of the exclusive periods within which to file a chapter
11 plan and solicit acceptances of the plan, through and including
February 19 and April 20, 2018, respectively.

Currently, the Debtors' Exclusive Filing Period runs through
November 21, 2017, and their Exclusive Solicitation Period runs
through January 20, 2018.  The Debtors need additional time to:

     (a) continue to evaluate the Debtors' overall assets and
         restructuring plan;

     (b) evaluate the universe of claims asserted against the
         Debtors, which will not be known until the recently
         established general bar date expires on November 21,
         2017;

     (c) assemble the adequate information, including
         financial analyses and projections, necessary to
         prepare a disclosure statement in connection with a
         confirmable plan of reorganization; and

     (d) respond to discovery requests propounded by
         franchisee David Schwartz, individually, and Rent A
         Wreck, Inc., doing business as Rent A Wreck and/or
         Bundy Auto Sales, as well as addressing these
         matters raised by Mr. Schwartz:
        
            (i) Motion for 2004 Exam to Debtors Rent-A-Wreck
                of America and Bundy American;

           (ii) Motion to Dismiss the Debtors' Bankruptcy
                Action, or, Alternatively, to Transfer Venue;
                and

          (iii) Response in Opposition to Debtors' Motion to
                Reject Certain Executory Contracts.

In keeping with the discussion in Court on September 25, 2017, the
Parties have submitted, or will soon submit, an agreed order
setting various deadlines in connection with the Schwartz Filings
and scheduling an evidentiary hearing for the first week of
December 2017.

A hearing on to consider extending the Debtors' exclusivity periods
will be held October 18, 2017 at 2:00 p.m. Objections are due by
October 11.

                About Rent-A-Wreck of America, Inc.

Rent-A-Wreck -- http://www.rentawreck.com/-- is a car rental
company headquartered in Laurel, Maryland.  Founded in 1968 and
franchising since 1973, the Company offers for rent economy cars,
full size luxury sedans, pickup trucks, box trucks, mini-vans,
cargo vans, 15-passenger vans, SUVs, and station wagons. It has
locations across the United States and internationally in Norway,
Sweden and Denmark.

Rent-A-Wreck of America, Inc. (Bankr. D. Del. Case No. 17-11592)
and affiliate Bundy American, LLC (Bankr. D. Del. Case No.
17-11593) filed for Chapter 11 bankruptcy protection on July 24,
2017, each estimating their assets and liabilities at between $1
million and $10 million.  The petitions were signed by James
William Cash, the Debtors' president.

Quarles & Brady LLP is the Debtors' counsel.  Aaron S. Applebaum,
Esq., at Saul Ewing LLP, serves as the Debtors' co-counsel.

The U.S. Trustee on August 9 disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Rent-A-Wreck of America, Inc.


REYNOLDS GROUP: Moody's Assigns 'B2' Corp. Family Rating
--------------------------------------------------------
Moody's Investors Service assigned a B2 Corporate Family Rating
("CFR") and B2-PD Probability of Default Rating ("PD") to Reynolds
Group Holdings Inc., effectively moving the CFR and PD from
Reynolds Group Holdings Limited. The ratings outlook is stable.

Moody's took the following rating actions:

Upgrades:

Issuer: Pactiv Corporation

-- Senior Unsecured Notes, Upgraded to Caa1 (LGD 6) from Caa2
    (LGD 6)

Issuer: Reynolds Group Holdings Inc.

-- Senior Secured Bank Credit Facilities, Upgraded to B1 (LGD 3)
    from B2 (LGD 3)

Issuer: Reynolds Group Issuer Inc.

-- Senior Secured Notes, Upgraded to B1 (LGD 3) from B2 (LGD 3)

-- Senior Unsecured Bond, Upgraded to Caa1 (LGD 6) from Caa2 (LGD

    5)

Assignments:

Issuer: Reynolds Group Holdings Inc.

-- Probability of Default Rating, Assigned B2-PD

-- Speculative Grade Liquidity Rating, Assigned SGL-2

-- Corporate Family Rating, Assigned B2

Outlook Actions:

Issuer: Pactiv Corporation

-- Outlook, Changed To Stable From Positive

Issuer: Reynolds Group Holdings Inc.

-- Outlook, Changed To Stable From Positive

Issuer: Reynolds Group Issuer Inc.

-- Outlook, Changed To Stable From Positive

RATINGS RATIONALE

The assignment and effective upgrade of the corporate family rating
reflects the significant debt reduction over the last 12 months and
expectations of further debt reductions and resulting improvement
in free cash generation. Reynolds has paid down almost $1.5 billion
in debt over the last 12 months and is expected to reduce debt
further over the near term. The resulting decrease in interest
expense is projected to improve free cash generation and provide
greater liquidity and flexibility to the company.

The B2 corporate family rating reflects Reynolds weak credit
metrics, lengthy raw material cost pass-through provisions and the
concentration of sales. The company has a complex capital and
organizational structure and limited transparency into its various
segments. Reynolds operates in a fragmented and competitive
industry and has a significant percentage of commodity products.
The company is owned by a single individual-financier Graeme Hart.

Strengths in the company's profile include its strong brands and
market positions in certain segments, scale and high percentage of
blue-chip customers. The company has strong brands and market
positions and there are some switching costs for customers in
certain segments. Scale, as measured by revenue, is significant and
helps Reynolds lower its raw material costs. The company also has
high exposure to food and beverage packaging. Reynolds also
maintains adequate liquidity with a large cash balance.

The stable rating outlook reflects an expectation that the company
will continue to improve its operating results and credit metrics
as well as maintain adequate backup liquidity to cover operations
as well as current maturities.

The rating could be upgraded if Reynolds sustainably improves its
credit metrics within the context of a stable operating and
competitive environment while maintaining adequate liquidity
including ample cushion under financial covenants. Specifically,
the ratings could be upgraded if debt to EBITDA declines below 5.3
times, EBITDA to interest expense rises above 3.4 times or funds
from operations to debt rises above 10.0%.

The ratings could be downgraded if there is deterioration in credit
metrics, liquidity or the competitive and operating environment.
The ratings could also be downgraded if the company pays out a
dividend or undertakes any significant acquisition. Specifically,
the ratings could be downgraded if debt to EBITDA above 6.0 times,
EBITDA to interest expense declines below 2.5 times, or funds from
operations to debt declines below 8.0%.

The principal methodology used in these ratings was Packaging
Manufacturers: Metal, Glass, and Plastic Containers published in
September 2015.

Reynolds is a global manufacturer and supplier of food and beverage
packaging, consumer storage products, closures, and paper products.
The company manufactures consumer packaging products (Reynolds
Consumer), closures for the beverage, dairy and food segment (CSI),
foodservice packaging (Pactiv), fresh carton packaging and paper
products (Evergreen), and custom rigid packaging for various
consumer products (Graham). Reynolds generated revenues of
approximately US $10.5 billion for the 12 months ended June 30,
2017. Reynolds is based in New Zealand and solely owned by
financier Graeme Hart.


RFI MANAGEMENT: Hurricane Maria Delays Filing of Chapter 11 Plan
----------------------------------------------------------------
RFI Management, Inc. asks the U.S. Bankruptcy Court for the Middle
District of North Carolina to extend its exclusive periods to file
a plan of reorganization and obtain acceptance of the plan up to
and including October 25, 2017.

Pursuant to Section 1121(e)(1), the Debtor has the exclusive right
to file a plan in the first 180 days after the Petition Date -- up
to and including September 25, 2017.

The Debtor relates that its President, Edward Rosa, was in Puerto
Rico working on a project when Hurricane Maria struck the island.
Due to the extent of damage on the island, including the lack of
electricity and communications, the Debtor tells the Court that Mr.
Rosa has not been able to review and approve the plan of
reorganization and disclosure statement that the Debtor's counsel
has prepared.  The Debtor says a 30-day delay should allow time for
Mr. Rosa to return to the United States.

                      About RFI Management

RFI Management, Inc., works as a subcontractor installing flooring
products and wall materials, principally in hotel properties across
the United States and in Puerto Rico.

RFI Management filed a Chapter 11 bankruptcy petition (Bankr.
M.D.N.C. Case No. 17-80247) on March 29, 2017.  Edward Rosa,
President, signed the petition.  At the time of filing, the Debtor
estimated assets and liabilities between $100,000 and $500,000.

James C. White, Esq. and Michelle M. Walker, Esq., at Parry Tyndall
White, serve as counsel to the Debtor.  Padgett Business Services
of NC is the Debtor's accountant.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.


RICHARD SOLBERG: $375K Sale of Roseau Farm Estate Approved
----------------------------------------------------------
Judge Michael E. Ridgway of the U.S. Bankruptcy Court for the
District of Minnesota authorized Richard Solberg, doing business as
Solberg Farms, to sell 264 acres of farm real estate in Roseau
County, Minnesota, to the Nancy Toth Estate for $375,345.

A hearing on the Motion is set for Sept. 26, 2017 at 10:30 a.m.
The objection deadline is Sept. 24, 2017.

The sale is free and clear of liens and encumbrances including the
liens of various mortgagees, AXA Equitable and Bremer Bank.

The gross proceeds from the sale of the real estate will be applied
solely as follows:

   a. No real estate sales commissions will be paid.  No realtors
are involved;

   b. No more than $500 of the Debtor's real estate sale proceeds
will be applied to Solberg's share of the closing costs including
but not limited to Title Company closing the sale of the real
estate, updating the abstract, preparation of a warranty deed by
the Debtor, payment for any release of mortgages, and related
closing expense.  Any closing expenses in excess of $500 will be
paid by Debtor directly to the Title Company;

   c. Payment of all outstanding real estate taxes upon real estate
subject to the AXA Equitable real estate mortgage lien; and

   d. All remaining sale proceeds, hereinafter referred to as "net
sale proceeds" will be tendered to AXA Equitable to be applied
directly against the Debtor's obligation outstanding to AXA
Equitable secured by the real estate.  At this juncture, no real
estate sale proceeds will be applied to pay AXA's attorney's fees
incurred to date in this Chapter 11 bankruptcy proceeding.

The Debtor retains the rights to harvest the 2017 crops located
upon the real estate sold without any compensation to the Buyer.
The 2017 crops must be removed by Dec. 31, 2017.

Notwithstanding Fed. R. Bankr. P. 6004(h), the Order is effective
immediately.

                   About Richard Allen Solberg

Richard Allen Solberg is a small grain farmer who essentially farms
in Roseau County as well as some land in Lake of the Woods County.
He operates his farm known as Solberg Farms as a sole proprietor.
The Debtor is farming close to 7000 acres in northwestern
Minnesota.  The vast majority of the land is planted in soybeans
with several hundred acres of barley and canola.  

Mr. Solberg sought Chapter 11 protection (Bankr. D. Minn. Case No.
17-60495) on Aug. 11, 2017.  The Debtor tapped Kevin T. Duffy,
Esq., at Duffy Law Office, as counsel.


ROBERT MOULTRIE: Selling 131 Acres of Meriwether Land for $500K
---------------------------------------------------------------
Robert Lynch Moultrie, Sr., asks the U.S. Bankruptcy Court for the
Northern District of Georgia to authorize the sale of property to
John W. Funderburk for $500,000.

A hearing on the Motion is set for Oct. 18, 2017, at 10:00 a.m.
Objections, if any, must be filed at least two business days before
the hearing.

The Debtor owns all that tract or parcel of land, along with any
improvements thereon, lying, situate and being in Land Lots 195 and
196 of the Lower Ninth Land District of Meriwether County, Georgia,
containing 130.67 ("The Property").

The Property is subject to these security interests:

     a. Bank of North Georgia holds the security interest in that
certain Deed to Secure Debt, Assignment and Security Agreement from
ROBERT L. Moultrie, ("Grantor") in favor of Synovus Bank, formerly
known as Columbus Bank and Trust Co., as successor in interest
through name change and by merger with Bank of North Georgia, a
Georgia banking corporation, and Synovus Bank, as successor in
interest through name change and by merger with First Commercial
Bank ("Lender") dated as of April 8, 2008, recorded in Deed Book
680, Page 151, as modified by Modification of Deed to Secure Debt
and Security Agreement, dated as of July 10, 2008, from Grantor to
Lender, recorded in Deed Book 687, Page 84, as amended by Amendment
to Deed to Secure Debt, Assignment and Security Agreement, dated as
of Sept. 30, 2014, from Grantor, recorded in Deed Book 810, Page
380, as affected by that certain Quitclaim Deed (Partial Release),
dated Aug. 6, 2015, from Lender to Grantor, recorded in Deed Book
834, Page 586, all in the aforesaid records ("Security Deed"), said
Security Deed secures a loan to Facilities Holding Corp. ("FHC")
evidenced by (i) that Promissory Note dated Sept. 30, 2014 from FHC
in favor of Lender, in the original principal amount of $940,000
("Note A-1"); and (ii) that Promissory Note dated Sept. 30, 2014
from FHC to Lender, in the original principal amount of $596,758
("Note A-2").  Post petition interest and fees may have accrued on
these claims.

     b. Bank of North Georgia holds a Writ of Fieri Facias recorded
in Meriwether County that constitutes a lien against the Property.

Upon information and belief, the Property is not subject to any
security interests, liens, claims, encumbrances, or interests other
than those described.

The Debtor's interest in the Property was disclosed on Schedule A
filed in connection with the case, and he has claimed a $0
exemption in the Property.

The Debtor wishes to sell the Property to the Buyer.  The parties
entered into the Property and Purchase and Sale Agreement.  The
Agreement proposes a sale price of $500,000.  The Seller is to pay
4.5% in commissions to real estate broker.  The Buyer is to pay all
other closing costs, i.e. Georgia transfer taxes, intangible taxes
and recording fees.  The earnest money deposit is $10,000.  

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

     http://bankrupt.com/misc/Robert_Moultrie_70_Sales.pdf

The Debtor asks that, should the Motion be granted and the sale of
the Property consummated, the distribution of the sale proceeds at
closing be authorized as follows: payoff of any and all security
interests, liens, or encumbrances, and other closing costs and
incidentals which Debtor may be responsible for.  He shall, upon
closing of the proposed sale, promptly provide the United States
Trustee with a true and correct copy of the HUD-1 settlement
statement associated with the closing.

The Debtor believes that the Purchase Price is the highest and best
possible sale price for the Property and that the purchase price
fairly reflects the true fair market value of the Property.

The Debtor asks the Court to waive any stay pursuant to Rule 6004
of the Federal Rules of Bankruptcy Procedure or otherwise.

The Purchaser:

          John W. Funderburk
          P.O. Box 344
          Woodbury, GA 30293

Synovus Bank:

          SYNOVUS BANK
          c/o Alston & Bird
          1201 West Peachtree St.
          Woodbury, GA 30293

Bank of North Georgia:

          BANK OF NORTH GEORGIA
          P.O. Box 11746
          Birmingham, AL 35202-1746

Robert Lynch Moultrie, Sr., filed for Chapter 11 bankruptcy
protection (Bankr. N.D. Ga. Case No. 17-11208) on June 6, 2017.
Howard D. Rothbloom, Esq., at The Rothbloom Law Firm serves as the
Debtor's bankruptcy counsel.  

The Debtors can be reached at 415 River Cove Road, Woodbury,
Georgia.


RPM HARBOR: Needs More Time to Assess Claims, File Ch. 11 Plan
--------------------------------------------------------------
The Hon. Julia W. Brand of the U.S. Bankruptcy Court for the
Central District of California on September 25 entered a corrected
order moving through that day the expiration date of RPM Harbor
Services, Inc.'s exclusive period to file a Chapter 11 plan of
reorganization.

That same day, the Debtor filed a motion seeking to extend the
exclusivity period for 45 days from September 25 to at least until
November 9.

The Debtor says it hopes to emerge from the bankruptcy by
confirming a plan of reorganization. But in order to file a plan
and disclosure statement, the Debtor requires ample of time to
allow it to (1) resolve the claims filed against the estate, (2)
make any necessary changes to its business model, and (3) assess
profitability and provide projections supporting feasibility of any
proposed plan.  Due to these issues, the Debtor tells the Court
that it will be unable to file a plan and disclosure statement
before the expiration of the exclusivity period on September 25.

The Debtor relates that its major liabilities stem from disputed
employment law claims brought by the Debtor's independent
contractor drivers against the Debtor.  Prior to its bankruptcy
filing, the Debtor's business was based on an employment model
which gave rise to a number of claims against it.

In March 2017, 11 non-final Orders, Decisions or Awards ("ODA") of
the Labor Commissioner were issued against the Debtor in favor of
11 independent contractor drivers of the Debtor for employment law
violations -- based on misclassification of its drivers as
independent contractors and deducting certain expenses from these
independent contractor drivers' pay.

Collectively, these ODAs are about $1,362,164.

The Debtor asserts that its right to make a de novo challenge of
the non-final awards remains available considering that the
deadline to appeal the ODAs to the Superior Court of California for
de novo review had not yet expired. Pursuant to the California
Labor Code, the Debtor's right to invoke review of the ODAs is
conditioned upon the posting of a bond or cash in the amount of
$150,000 per award, because each award exceeds $10,000.

Further, at the time of the filing of its bankruptcy case, three
other claims had been filed with the Labor Commissioner seeking to
obtain ODAs. The Debtor tells the Court that these other actions
have not been adjudicated. However, based upon publicly available
information, the Debtor has determined that no single employer
engaged in drayage of containers to and from the combined ports of
Long Beach and Los Angeles has ever prevailed in any claim asserted
by an individual driver before the Labor Commission.

Additionally, the Debtor believes there existed the possibility
that further claims would have been filed with the Labor
Commissioner had this bankruptcy case not been filed, as evidenced
by the filing of five additional claims in this bankruptcy case
before the expiration of the bar date fixed by the Court for filing
proofs of claim -- June 12, 2017 was the deadline for filing proofs
of claim by non-governmental entities.

The Debtor claims that as of September 25, 24 proofs of claim were
timely filed in its bankruptcy case.  The Debtor disputed 20 of the
proofs of claim that have been filed by independent contractor
drivers.

Furthermore, the Debtor tells the Court that it is currently
evaluating the proofs of claim to determine the most efficient way
to object to these claims.  Moreover, because these claims are
based upon allegations of improper labor practices, the Debtor is
currently in the process of employing a special labor counsel to
assist it in litigating these proofs of claim, and expects that it
will file objections to the drivers' claims by the end of October
2017.

The Debtor also relates that an Official Committee of Unsecured
Creditors was appointed on May 8, 2017, and the Debtor is currently
working with the Committee and providing the Committee's counsel
with the documents it has requested.  While the Debtor sought a
90-day extension of its exclusivity, the Debtor and the Committee
have agreed to a shorter extension, as a compromise in a
stipulation the parties filed August 28.

At the Status Conference held on September 7, the Court did not set
a deadline to file objections to claims or a deadline to file a
plan of reorganization and disclosure statement due to the
circumstances of the Debtor's bankruptcy case.  On September 13,
however, the Court entered an order setting a status conference for
November 16 at 10:00 a.m.

While the Debtor is unsure when it will be able to file a plan and
disclosure statement, the Debtor believes that a 45-day extension
of the exclusivity period will allow the Debtor to start the
process of resolving the claims filed against it and to continue to
make any necessary changes to its business model.  Further, the
Debtor tells the Court that this period is short enough that its
creditors and the Committee can have assurance that the Debtor will
continue diligently on the path of reorganization.

                   About RPM Harbor Services Inc.

Based in Long Beach, California, RPM Harbor Services Inc. provides
container delivery to import and export customers in California.
The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Calif. Case No. 17-14484) on April 12, 2017.  The
petition was signed by Shawn Duke, president.

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

The case is assigned to Judge Julia W. Brand.

Vanessa M. Haberbush, Esq., at Haberbush & Associates LLP, serves
as the Debtor's counsel.

The Official Committee of Unsecured Creditors of RPM Harbor
Services, Inc., retained Levene, Neale, Bender, Yoo & Brill, LLP as
counsel; and CohnReznick LLP, as financial advisor.


SAEXPLORATION HOLDINGS: Unit Obtains $16-Mil. Credit Facility
-------------------------------------------------------------
SAExploration, Inc. ("Borrower"), a domestic subsidiary of
SAExploration Holdings, Inc., entered into the First Amended and
Restated Credit and Security Agreement, by and among the Borrower,
Holdings, SAExploration Sub, Inc., SAExploration Seismic Services
(US), LLC, and NES, LLC, the lenders from time to time party
thereto and Cantor Fitzgerald Securities, as agent.  The New Credit
Agreement amends and restates that certain Credit and Security
Agreement, dated as of Nov. 6, 2014, by and among the Borrower, the
Guarantors and Wells Fargo Bank, National Association, as lender.

The New Credit Agreement provides for up to $16.0 million in
borrowings secured primarily by the Borrower's North American
assets, mainly accounts receivable and equipment, subject to
certain exclusions and exceptions as set forth in the New Credit
Agreement.  The proceeds of the credit facility will primarily be
used to fund the Borrower's working capital needs for its
operations and for general corporate purposes.  After giving effect
to the amendment and restatement of the Original Credit Agreement
and the entry into the New Credit Agreement, there was an
outstanding balance of $5.0 million on Sept. 22, 2017, which
included approximately $2.6 million of loans outstanding under the
Original Credit Agreement.  Additional borrowings under the credit
facility are subject to Lenders' sole discretion and must be in
minimum increments of $1.0 million.  Any increased amount approved
by the Lenders will also be subject to the terms and conditions of
the New Credit Agreement.

Borrowings made under the credit facility will bear interest at a
rate of 10.25% per annum for the period from Sept. 22, 2017,
through and including March 22, 2018, 10.75% per annum for the
period from March 23, 2018, through and including Sept. 22, 2018
and 11.75% per annum for the period from Sept. 23, 2018, and
thereafter.  The credit facility will mature on Jan. 2, 2020,
(subject to an earlier maturity date of Sept. 14, 2018, if certain
indebtedness remains outstanding at such time), unless terminated
earlier.

The New Credit Agreement contains customary affirmative and
negative covenants similar to those in the Original Credit
Agreement, including, but not limited to, (i) commitments to
maintain and deliver to the Lenders, as required, certain financial
reports, records and other items, and (ii) restrictions, subject to
certain exceptions under the New Credit Agreement, on the ability
of the Borrower to incur indebtedness, create or incur liens, enter
into fundamental changes to corporate structure or to the nature of
the business of the Borrower, dispose of assets, permit a change in
control, acquire non-permitted investments, enter into affiliate
transactions or make distributions.  The New Credit Agreement also
contains representations, warranties, covenants and other terms and
conditions, including relating to the payment of fees to the
Lenders, which are customary for agreements of this type.

The New Credit Agreement also provides for customary events of
default.  If an event of default occurs and is continuing, then the
Lenders may, among other options as described in the New Credit
Agreement, declare the obligations of the Borrower to be due and
payable immediately or declare the funding obligations of the
Lenders terminated immediately, subject to the terms of that
certain Amended and Restated Intercreditor Agreement, dated as of
June 29, 2016, by and among the Original Lender, Wilmington Savings
Fund Society, FSB, Delaware Trust Company and the Additional
Noteholder Agent.

The advance made pursuant to Section 2.1(b) on the First Amended
and Restated Effective Date was equal to $2,351,376, which was
provided pursuant to these commitments:

             Lender                       Commitment   Percentage
             ------                       ----------   ----------
Whitebox Multi-Strategy Partners, L.P.    $1,543,541     65.64%
Whitebox Credit Partners, L.P.              $465,801     19.81%
Whitebox Asymmetric Partners, L.P.          $342,034     14.55%
                                          ----------     ------
                                          $2,351,376    100.00%

SAExploration Holdings' attorneys:

         Akin Gump Strauss Hauer & Feld, LLP
         1700 Pacific Avenue, Suite 4100
         Dallas, TX 75201-4624
         Attention: Sarah Link Schultz
         Tel: (214) 949-4367
         Fax: (214) 969-4343
         E-mail: sschultz@akingump.com

The Agent:

         Cantor Fitzgerald Securities
         1801 N. Military Trail, Suite 202
         Boca Raton, FL 33431
         Tel: (646) 219-1180
         Attention: N. Horning
         E-mail: NHorning@cantor.com

               - and -

         Cantor Fitzgerald Securities
         900 West Trade Street, Suite 725
         Charlotte, North Carolina 28202
         Tel: (747) 374-0574
         Fax: (646) 390-1764
         Attention: B. Young (SAExploration)
         E-mail: BYoung@cantor.com

The Agent's attorneys:

         Shipman & Goodwin LLP
         One Constitution Plaza
         Hartford, CT 06103
         Attention: Nathan Plotkin
         E-mail: NPlotkin@goodwin.com

A copy of the of the Credit Agreement is available at
https://is.gd/5qCVZQ

                  About SAExploration Holdings

Based in Houston, Texas, SAExploration Holdings, Inc. (NASDAQ:SAEX)
-- http://www.saexploration.com/-- is an internationally-focused
oilfield services company offering a full range of
vertically-integrated seismic data acquisition and logistical
support services in Alaska, Canada, South America, and Southeast
Asia to its customers in the oil and natural gas industry.  In
addition to the acquisition of 2D, 3D, time-lapse 4D and
multi-component seismic data on land, in transition zones between
land and water, and offshore in depths reaching 3,000 meters, the
Company offers a full-suite of logistical support and in-field data
processing services.  The Company operates crews around the world
that are supported by over 29,500 owned land and marine channels of
seismic data acquisition equipment and other leased equipment as
needed to complete particular projects.

SAExploration reported a net loss attributable to the Company of
$25.03 million for the year ended Dec. 31, 2016, a net loss
attributable to the Company of $9.87 million for the year ended
Dec. 31, 2015, and a net loss attributable to the Company of $41.75
million for the year Dec. 31, 2014.  As of June 30, 2017,
SAExploration had $172.87 million in total assets, $142.92 million
in total liabilities and $29.95 million in total stockholders'
equity.

                          *     *     *

In June 2016, S&P Global Ratings lowered its corporate credit
rating on SAExploration Holdings to 'CC' from 'CCC-'.  At the same
time, S&P lowered the issue-level rating on the company's senior
secured notes to 'CC' from 'CCC-'.  The outlook remains negative.
The downgrade follows SAExploration's announcement that it plans to
launch an exchange offer to existing holders of its 10% senior
secured notes for shares of common equity and a new issue of
second-lien notes.  Following the rating action, S&P withdrew the
corporate credit and issue-level ratings at the company's request.

In September 2016, Moody's Investors Service withdrew
SAExploration's 'Caa2' Corporate Family Rating and other ratings.


SBA COMMUNICATIONS: S&P Rates New $500MM Senior Unsec. Notes 'B+'
-----------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '5'
recovery rating to Boca Raton, Fla.-based wireless tower operator
SBA Communications Corp.'s proposed $500 million of senior
unsecured notes due in 2022. The '5', recovery rating indicates
S&P's expectation for modest (10% to 30%; rounded estimate: 15%)
recovery for lenders in the event of a default.  The company will
use the net proceeds to repay borrowings under its revolving credit
facility, which has approximately $410 million outstanding, and for
general corporate purposes.

S&P said, "Our 'BB-' corporate credit rating and stable rating
outlook on SBA are unchanged. We do not expect the transaction to
affect the company's key credit measures, including adjusted
leverage, which was about 8x as of June 30, 2017. While we expect
modest leverage improvement over the next 12 months from EBITDA
growth driven by amendments and rent escalations, we believe that
ongoing acquisition and share repurchase activity will keep
leverage elevated over the next couple of years."

  RATINGS LIST

  Ratings Unchanged

  SBA Communications Corp.
   Corporate Credit Rating                  BB-/Stable/--
   Senior Unsecured                         B+
    Recovery Rating                         5 (15%)

  New Rating
  SBA Communications Corp.
   $500 mil sr unsecured notes due 2022     B+
    Recovery Rating                         5 (15%)


SLUSS & RAY: Given Until November 30 to File Chapter 11 Plan
------------------------------------------------------------
Judge Dale L. Somers the U.S. Bankruptcy Court for the District of
Kansas extended the exclusive deadline during which Sluss & Ray LLC
and Chad William Raymond may file a Chapter 11 plan and disclosure
statement to November 30, 2017.

The Troubled Company Reporter has previously reported that the
Debtors asked the Court to extend their exclusive deadline to file
a Chapter 11 plan and disclosure statement, asserting that they
should be accorded the privilege of attempting to consummate the
sale in accordance with the Order approving bid procedures and the
companion Asset Purchase Agreement.

The Debtors said the Court has just recently approved the bid
procedures for the sale of their assets, and they were still in the
process of noticing the sale and completing sale activity.
Accordingly, the Debtors believed that any requirement for filing a
Plan of Reorganization should be deferred until completion of the
sale.

                        About Sluss & Ray

Sluss & Ray LLC -- which conducts business under the names Amaco, C
& M Empire LLC, Aamcot LLC, and CCWRW LLC -- operates three AAMCO
franchise transmission shops in Wichita, Kansas.

Sluss & Ray filed a Chapter 11 petition (Bankr. D. Kan. Case No.
17-10301) on March 9, 2017, disclosing $86,340 in total assets and
$1.22 million in total liabilities.  Chad Raymond, the owner,
signed the petition.

The case is jointly administered with Mr. Raymond's individual
Chapter 11 case (Bankr. D. Kan. Case No. 17-10313) filed on March
10, 2017.  Judge Dale L. Somers presides over the cases.

The Debtors are represented by Edward J. Nazar, Esq., at Hinkle Law
Firm, L.L.C.


SLUSS & RAY: Sale of Wichita Property to C&A Empire for $435K OK'd
------------------------------------------------------------------
Judge Dale L. Somers of the U.S. Bankruptcy Court for the District
of Kansas authorized Sluss & Ray, LLC's sale of interest in real
and personal property located at 2490 South Meridian Avenue,
Wichita, Kansas to C&A Empire, LLC for $435,037.

C&A will assume the indebtedness of Emprise Bank and the secured
indebtedness due Matt Hall, doing business as Hall Properties,
under a contract for deed, but free and clear of all other liens
and encumbrances.

The Debtor will assign franchise agreements and executory contracts
concerning the following: (i) AC Equipment Repair, 900 East
Indianapolis Street, Wichita, Kansas: (ii) First Data Merchant Svs,
4000 Coral Ridge DRC-230, Pompano Beach, Florida; (iii) JPRO, LLC,
John Profrazier, 11010 West 1st Court N, Wichita, Kansas; (iv)
Lease Consultants Corp., Box 71397, Clive, Iowa; (v) New Rapid of
Kansas, LLC, 1223 North Rock Road, Wichita, Kansas; and (vi)
Register Tape Network/Adcart, P.O. Box 204277, Dallas, Texas.

The Franchise Agreement that Debtor Chad Raymond holds with AAMCO
Transmission, Inc., will be retained by him, and will not be
assigned to C&A Empire.  The terms and conditions of the Asset
Purchase Agreement and Order Approving Bid Procedures control the
Order.

The Purchaser will additionally be required for the payment of any
title insurance expenses, closing costs, recording fees and other
documents of transfer.

                        About Sluss & Ray

Sluss & Ray LLC, which conducts business under the names Amaco, C &
M Empire LLC, Aamcot LLC, and CCWRW LLC, operates three AAMCO
franchise transmission shops in Wichita, Kansas.

Sluss & Ray filed a Chapter 11 petition (Bankr. D. Kan. Case No.
17-10301) on March 9, 2017, disclosing $86,340 in total assets and
$1.22 million in total liabilities.  Chad Raymond, owner, signed
the petition.  

The case is jointly administered with Mr. Raymond's individual
Chapter 11 case (Bankr. D. Kan. Case No. 17-10313) filed on March
10, 2017.  

Judge Dale L. Somers presides over the cases.

The Debtors are represented by Edward J. Nazar, Esq., at Hinkle Law
Firm, L.L.C.


SMITHFIELD FOODS: Moody's Rates $400MM Senior Unsecured Notes Ba2
-----------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to $400 million of
senior unsecured notes being issued by Smithfield Foods, Inc. Net
proceeds from the offering will be used to fund the repayment of
total outstanding borrowings of $377 million under Smithfield's $1
billion senior unsecured revolving credit facility expiring
February 2022 and $275 million accounts receivable securitization
facility expiring December 2019. Other ratings of the company were
not affected. The rating outlook remains positive.

Moody's has taken the following rating actions:

Smithfield Foods Inc.

Ratings assigned:

  Proposed $400 million senior unsecured notes due 2021 at Ba2 (LGD
4);

The rating outlook is positive.

RATINGS RATIONALE

Smithfield's Ba2 Corporate Family Rating reflects its large scale
and global leadership in hog production, fresh pork, and
value-added packaged pork products. These strengths are balanced
against high earnings volatility inherent in the protein processing
industry, the company's single-protein concentration and high
exposure to commodity-like products (about 50% of total sales).
Smithfield's ratings are supported by its relatively stable
operating performance and modest financial leverage.

The positive outlook reflects Moody's expectation that over the
next year, Smithfield's operating profitability and financial
leverage will improve, and the company's liquidity profile will
remain stable.

An upgrade to the Corporate Family Rating could occur if Moody's
expects that Smithfield is likely to sustain debt/EBITDA below
2.0x. In addition, the company would need to demonstrate overall
earnings stability before an upgrade would be considered. The
rating could be downgraded if debt/EBITDA is sustained above 3.0x.
Other events that could trigger a downgrade are partly out of the
company's control, including trade disruptions in key export
markets, a disease outbreak or a major oversupply condition.

The principal methodology used in these ratings was Global Protein
and Agriculture Industry published in June 2017.

Smithfield Foods, Inc., headquartered in Smithfield, Virginia, is
the world's largest pork producer and processor. Annual revenue
approximates $15 billion. Hong Kong-based parent company, WH Group
Limited (formerly, Shuanghui International Holdings Ltd) is an
investment holding company that also controls the largest pork
producer in China (Henan Shuanghui Investment & Development Co.,
Ltd).


SNAP INTERACTIVE: Seven Directors Elected by Stockholders
---------------------------------------------------------
At the 2017 Annual Meeting of Stockholders of Snap Interactive,
Inc. held on May 25, 2017, the Company's stockholders:

   (a) elected Yoram "Rami" Abada, Alexander Harrington, Jason
Katz, Lance Laifer, Clifford Lerner, Michael Levit and John
Silberstein to the Board of Directors, each to serve until the 2018
Annual Meeting of Stockholders or until their successors are
elected and qualified;

   (b) approved an amendment to the Company's Long Term Incentive
Plan to (i) increase the number of shares of common stock issuable
under the Snap Interactive, Inc. 2016 Long Term Incentive Plan from
428,572 shares to 1,300,000 shares and (ii) re-approve the
performance goals under the 2016 Plan;

   (c) approved an amendment to the Company's certificate of
incorporation to increase the total number of shares of common
stock authorized for issuance to 25,000,000 shares; and

   (d) ratified the appointment of Marcum LLP as the Company's
independent registered public accounting firm.

                    About Snap Interactive

Snap Interactive, Inc. -- http://www.snap-interactive.com/-- is a
provider of live video social networking and interactive dating
applications.  SNAP has a diverse product portfolio consisting of
nine products including Paltalk and Camfrog, which together host
one of the world's largest collections of video-based communities,
and FirstMet, a prominent interactive dating brand serving users 35
and older.  The Company has a long history of technology innovation
and holds 25 patents related to video conferencing and online
gaming.

On Oct. 7, 2016, Snap Interactive and its wholly owned subsidiary,
Snap Mobile Limited completed a business combination with
privately-held A.V.M. Software, Inc. and its wholly owned
subsidiaries, Paltalk Software Inc., Paltalk Holdings, Inc., Tiny
Acquisition Inc., Camshare, Inc. and Fire Talk LLC in accordance
with the terms of an Agreement and Plan of Merger, by and among
SNAP, SAVM Acquisition Corporation, SNAP's former wholly owned
subsidiary, AVM and Jason Katz, pursuant to which AVM merged with
and into SAVM Acquisition Corporation, with AVM surviving as a
wholly owned subsidiary of SNAP.

Snap Interactive reported a net loss of $1.45 million for the year
ended Dec. 31, 2016, a net loss of $265,926 for the year ended Dec.
31, 2015, and a net loss of $1.65 million for the year ended Dec.
31, 2014.  

As of June 30, 2017, Snap Interactive had $25.78 million in total
assets, $6.75 million in total liabilities and $19.03 million in
total stockholders' equity.

"We have historically financed our operations through cash
generated from operations.  Currently, our primary source of
liquidity is cash on hand and cash flows from continuing
operations.  As of June 30, 2017, we had $4,614,619 in cash and
cash equivalents, as compared to cash and cash equivalents of
$4,162,596 as of December 31, 2016, and no long-term debt.

"We are focused on reducing costs and increasing profitability
following the Merger and we believe that our cash balance and our
expected cash flow from operations will be sufficient to meet all
of our financial obligations for the twelve months from the filing
date of this Form 10-Q.  It is possible that we would need
additional capital in the future to fund our operations,
particularly growth initiatives, which we expect we would raise
through a combination of equity offerings, debt financings, other
third-party funding and other collaborations and strategic
alliances.  Our future capital requirements will depend on many
factors including our growth rate, headcount, sales and marketing
activities, research and development efforts, and the introduction
of new features, products, acquisitions and continued user
engagement.

"Our primary use of working capital is related to user acquisition
costs, including sales and marketing expense and product
development expense.  Our sales and marketing expenditures are
primarily spent on channels where we can estimate the return on
investment without long-term commitments.  Accordingly, we can
adjust our advertising and marketing expenditures quickly based on
the expected return on investment, which provides flexibility and
enables us to manage our advertising and marketing expense.  In
addition, we allocate significant resources to product development
in order to maintain and create new features and products which
will enable a better user experience and increase interactions.

"We are continuously evaluating and implementing cost reduction
initiatives to manage the expense of our operations.  During 2017,
we plan to continue to reduce costs by consolidating vendors
(including office space, payment processing, licensing agreements,
etc.), consolidating advertising affiliate partners, consolidating
internal departments (such as customer service) and by using
incremental offshore product development resources," the Company
said in its quarterly report for the period ended June 30, 2017.


SQUARE ONE: Cash Use for September Approved
-------------------------------------------
The Hon. Karen S. Jennemann of the U.S. Bankruptcy Court for the
Middle District of Florida granted Square One Development, LLC, and
Square One Henderson, LLC, permission to use cash collateral until
Sept. 30, 2017.

A hearing to consider the continued cash collateral use will be
held on Oct. 2, 2017, at 2:00 p.m.

The Debtor is authorized to use cash collateral to pay: (a) amounts
expressly authorized by the Court, including payments to the U.S.
Trustee for quarterly fees; (b) the current and necessary expenses
set forth in the budget, plus an amount not to exceed 10% for each
line item; and (c) additional amounts as may be expressly approved
in writing by First Citrus Bank.

First Citrus Bank will have a perfected postpetition lien against
cash collateral to the same extent and with the same validity and
priority as the prepetition lien, without the need to file or
execute any documents as may otherwise be required under applicable
non-bankruptcy law.

A copy of the Order is available at:

          http://bankrupt.com/misc/flmb17-03846-167.pdf
          http://bankrupt.com/misc/flmb17-03846-164.pdf

As reported by the Troubled Company Reporter on Aug. 3, 2017, the
Court granted Square One Development permission to use cash
collateral until Sept. 14, 2017.  Then on Sept. 19, the Court
authorized Square One Development to use cash collateral through
Sept. 18, 2017.

                   About Square One Development

Headquartered in Tampa, Florida, Square One Development, LLC, is a
multi-member Florida limited liability company formed on April 6,
2010.  It owns a group of 12 related entities including eight
gourmet burger restaurants with operations in West Central
Florida.

Square One Development, LLC and its affiliates filed for Chapter 11
bankruptcy protection (Bankr. M.D. Fla. Lead Case No. 17-03846) on
June 9, 2017.  The petitions were signed by William Milner,
manager.

Square One Winter Park, LLC, an affiliate, estimated its assets and
liabilities between $1 million and $10 million.

Latham, Shuker, Eden & Beaudine, LLP, is serving as bankruptcy
counsel to the Debtor.


STEALTH SOFTWARE: Principal to Make $25K Cash Contribution
----------------------------------------------------------
Stealth Software CEO Gerard Warrens and his wife will make cash
contribution of $25,000 to pay creditors, according to the
company's latest Chapter 11 plan of reorganization.

Mr. Warrens and Ilse Meijer have agreed to contribute $25,000 on
the effective date of the plan and waive their Class 4 priority
claims.  In return for the cash contribution, equity interests in
the company will be cancelled and new interests will be issued to
Mr. Warrens.  

The $25,000 cash contribution, together with Stealth Software's
cash on hand, will be used to make payments under the restructuring
plan.  The plan will also be funded from cash flow, according to
the company's latest disclosure statement filed on September 19
with the U.S. Bankruptcy Court for the District of Arizona.

A copy of the amended disclosure statement is available for free at
https://is.gd/fXAUWL

                      About Stealth Software

Stealth Software, LLC, based in Scottsdale, AZ, filed a Chapter 11
petition (Bankr. D. Ariz. Case No. 16-12787) on Nov. 7, 2016.  In
its petition, the Debtor estimated $575,724 in assets and $1.40
million in liabilities.  The petition was signed by Gerard Warrens,
chief executive officer.

Judge Eddward P. Ballinger Jr. presides over the case.  Joseph
Cotterman, Esq., at Jennings, Strouss and Salmon, P.L.C., serves as
the Debtor's legal counsel.

No trustee, examiner or creditors' committee has been appointed.

On July 24, 2017, the Debtor filed a Chapter 11 plan of
reorganization and disclosure statement.


STEVEN DAVIS: Mr. Fierro Buying Fort Worth Property for $141K
-------------------------------------------------------------
Steven Michael Davis and Valerie Fierro ask the U.S. Bankruptcy
Court for the Northern District of Texas to authorize the sale of
real property located at 6357 Ferncreek Lane, Fort Worth, Texas,
legally described as Trails of Marine Creek, Block 4, Lot 8, Fort
Worth, Texas, to John Fierro for $141,000.

The objection deadline is Oct. 20, 2017.

The Debtor, through 6357 Ferncreek Trust, sold to Fierro the
Property.  Fierro is the sole owner of the Property.  She is
current under the Promissory Note in favor of Steve Davis, as
Trustee for 6357 Ferncreek Trust.  

The Debtor, on his Amended Schedule A on file with the Court,
discloses ownership of the Property, subject to the purchase by Ms.
Fierro under an owner finance agreement.  He, on Schedule D on file
with the Court, discloses that the Property is subject to liens by
Ocwen Loan Servicing, ReTax Funding and Trails of Marine Creek
HOA.

The Debtor and Ms. Fierro jointly ask authorization from the Court
to sell the Property pursuant to the terms of the Real Estate
Purchase Agreement to the Buyer for $141,000, free and clear of all
liens, claims, and encumbrances.  The closing provided for in the
Agreement will occur on Nov. 1, 2017.

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

    http://bankrupt.com/misc/Steven_Davis_II_87_Sales.pdf

The real estate tax liens of the local taxing authorities in
Tarrant County, Texas will attach to the proceeds of the sale of
the

Property except for the 2017 real estate tax lien which will remain
attached to the Property.  The lien of Ocwen Loan Servicing and  

Trails of Marine Creek HOA will attach to the proceeds of the sale
of the Property and will be paid in full at closing.  The lien of
the Debtor will not attach to the proceeds of the sale of the
Property.  

The Debtor, as Trustee for the 6347 Ferncreek Trust, will not
receive any portion of the proceeds of the sale of the Property and
its lien will be released unconditionally at closing.  All
reasonable and necessary closing costs will be paid out of the
proceeds of the sale of the Property.  The balance of the proceeds
of the sale of the Property should be distributed to Ms. Fierro as
homestead proceeds.

The Purchaser:

          John Fierro
          6357 Ferncreek Lane
          Fort Worth, TX 76179

Ocwen Loan can be reached at:

          OCWEN LOAN SERVICING
          2711 Centerville Rd., Ste 400
          Wilmington, DE 19808-1645

Trails of Marine can be reached at:

          TRAILS OF MARINE CREEK HOA
          c/o Principal Mangement Group
          9001 Airport Freeway, Ste 450
          North Richland Hills, TX 76180-7780

Steven Michael Davis II sought Chapter 11 protection (Bankr. N.D.
Tex. Case No. 17-41860) on May 1, 2017.  The Debtor tapped Joyce W.
Lindauer, Esq., at Joyce W. Lindauer Attorney, PLLC, as counsel.


STEWART DUDLEY: Magnify Seeks Closing of $265K Sale of Condo Unit
-----------------------------------------------------------------
Magnify Industries, LLC, asks the U.S. Bankruptcy Court for the
Northern District of Alabama to authorize the sale of Condo Unit
431 located at 14701 Front Beach Road, Panama City Beach, Florida,
Tax ID No. 40000-300-029, to V. Edgar Churchill for $265,000.

At the hearing on May 22, 2017 the Court directed that all
prospective sales of condominium units owned by Magnify should be
presented to the Court for consideration and approval.

On April 25, 2017, approximately one month prior to the May 22,
2017 Order, Magnify received the offer from the Buyer to purchase
the Unit 431.  The contract is for a two bedroom unit with 1,299
square feet for $265,000.  The offer is a cash sale with no
commissions to real estate agents.  The contract was contingent on
the Buyer's ability to sell its own unit in the building prior to
closing.

Believing the offer to be fair and reasonable and in its best
interests, Magnify accepted the offer on May 4, 2017.  The Buyer
has now advised that he is ready to proceed with closing on the
contract.  The Buyer has no connection to or relationship with the
Debtor Stewart Ray Dudley or Magnify, other than being an owner and
the President of the Homeowner's Association at Emerald Beach
Resort.

A preliminary HUD provided by South Oak Title, shows and estimated
net proceeds in the amount of $254,229 to the Seller.

The proposed price represents $204 per square foot, which is within
the parameters of testimony previously offered to the Court as a
reasonable price for condominiums in the Emerald Beach Resort.

The fact that no agent commissions will need to be paid in
connection with the closing will result in an additional $15,900 in
sale proceeds.  The net cash after paying the amounts required for
closing will be placed in the escrow account at Engel, Hairston &
Johanson P.C.

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

    http://bankrupt.com/misc/Stewart_Dudley_449_Sales.pdf

The Purchaser:

          V. Edgar Churchill
          173 Arden Road
          Columbus, OH 43214

                    About Stewart Ray Dudley

Stewart Ray Dudley filed a Chapter 11 petition (Bankr. N.D. Ala.
Case No. 16-01842) on May 5, 2016, and is represented by R. Scott
Williams, Esq. from Rumberger, Kirk & Caldwell, P.C.

In January 2017, Buffalo Rock Company and James C. Lee, III,
creditors of Stewart Ray Dudley, filed a motion for order directing
the appointment of Peter W. Colmer as Chapter 11 Trustee for the
Debtor's bankruptcy estate.  They claimed that continuously acting
against the best interest of his estate, the Debtor caused numerous
assets to be transferred to Magnify Industries, LLC, including an
automobile collection previously valued at over $5,500,000; 100% of
his interest of an updated warehouse and event space commonly
referred to as Old Car Heaven previously valued at over $1,534,000;
and 17 beach front condominiums.

Buffalo Rock is represented by Burr & Forman LLP.  James C. Lee,
III, is represented by Bradley Arant Boult Cummings LLP.


SUNEDISON INC: Ankura's Luke Okayed as Chief IT Security Officer
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York has
entered an order in the bankruptcy case of SunEdison, Inc.,
authorizing Tenery Jonathan Luke to serve as its officer, nunc pro
tunc to July 18, 2017.

Mr. Luke, senior managing director of Ankura Consulting, will serve
as SunEdison's Chief IT Security Officer.

Mr. Luke says he doesn't beneficially own SunEdison securities.

Mr. Luke may be reached at:

    Tenery Jonathan Luke
    ANKURA CONSULTING GROUP
    1 North Wacker Drive, Suite 2910
    Chicago, IL 60606
    E-mail: luke.tenery@ankuraconsulting.com
    Tel: 312-252-9514

                     About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.

The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors employed
PricewaterhouseCoopers LLP as financial advisors; and KPMG LLP as
their auditor and tax consultant.

SunEdison also tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East.  Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors tapped Ernst & Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc. also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power, Inc.,
and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq., at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at Pillsbury
Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.

                          *    *    *

On March 28, 2017, the Debtors filed their Plan of Reorganization
and related Disclosure Statement.


T3M INC: Final Order on Chapter 7 Case Conversion Issued
--------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order converting T3M's Chapter 11 reorganization to a
liquidation under Chapter 7. As previously reported, on September
20, 2017, the Court conditionally approved case conversion and
explained, "If the Debtor does not file a sale procedures motion
(the 'Procedures Motion') by 5:00 p.m. Pacific Time on September
21, 2017, the Debtor's chapter 11 case shall be converted to a case
under chapter 7 of the United States Bankruptcy Code without an
opportunity for further argument or briefing and the UST shall
appoint a chapter 7 trustee." A Chapter 7 trustee has not yet been
assigned. Both the U.S. Trustee assigned to the case and Lender
Collections sought the conversion order.

                        About T3M Inc.

Founded in 2006 in Costa Mesa, California, and previously known as
T3 Motion, Inc., T3M Inc. designs, manufactures and markets
personal mobility vehicles powered by electric motors to the
professional and consumer markets. Its initial product is the T3
Series, a three wheel, electric stand-up vehicle powered by a
quiet, zero-gas emission electric motor that is designed
specifically for public and private security personnel.

T3M Inc. sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. C.D. Cal. Case No. 17-14082) on May 15, 2017.  Mi "Michael"
Zhang, president, signed the petition.  The Debtor estimated assets
and debt at $1 million to $10 million as of the bankruptcy filing.

Judge Scott H. Yun presides over the case.

Aram Ordubegian, Esq., and M. Douglas Flahaut, Esq., at Arent Fox
LLP, serve as the Debtor's legal counsel.  LKP Global Law LLP is
the Debtor's special litigation counsel.


TAKATA CORP: Seeks to Pay $200K Retainer Fee to Special Master
--------------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, relates that TK
Holdings Inc. has asked the Delaware bankruptcy court to allow its
parent company Takata Corp. to pay half of the $400,000 retainer
fee for Eric D. Green as special master overseeing the $1 billion
fund created under a plea agreement with the U.S. Department of
Justice to pay restitution to victims of Takata's faulty air-bag
inflators.

The Official Committee of Unsecured Creditors and the Official
Committee of Unsecured Tort Claimant Creditors have filed
objections to the Debtor's request.

                     About Takata Corp

Japan-based Takata Corporation (TYO:7312) --
http://www.takata.com/en/-- develops, manufactures and sells  
safety products for automobiles.  The Company offers seatbelts,
airbags, steering wheels, child seats and trim parts.

Headquartered in Tokyo, Japan, Takata operates 56 plants in 20
countries with approximately 46,000 global employees worldwide.
The Company has subsidiaries located in Japan, the United States,
Brazil, Germany, Thailand, Philippines, Romania, Singapore, Korea,
China and other countries.

Takata Corp. filed for bankruptcy protection in Tokyo and the U.S.,
amid recall costs and lawsuits over its defective airbags.  Takata
and its Japanese subsidiaries commenced proceedings under the Civil
Rehabilitation Act in Japan in the Tokyo District Court on June 25,
2017.

Takata's main U.S. subsidiary TK Holdings Inc. and 11 of its U.S.
and Mexican affiliates each filed voluntary petitions under Chapter
11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No.
17-11375) on June 25, 2017.  Together with the bankruptcy filings,
Takata announced it has reached a deal to sell all its global
assets and operations to Key Safety Systems (KSS) for US$1.588
billion.

Nagashima Ohno & Tsunematsu is Takata's counsel in the Japanese
proceedings.  Weil, Gotshal & Manges LLP and Richards, Layton &
Finger, P.A., are serving as counsel in the U.S. cases.
PricewaterhouseCoopers is serving as financial advisor, and Lazard
is serving as investment banker to Takata.  Ernst & Young LLP is
tax advisor.  Prime Clerk is the claims and noticing agent.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal
counsel, KPMG is serving as financial advisor, Jefferies LLC is
acting as lead financial advisor.  UBS Investment Bank also
provides financial advice to KSS.

On June 28, 2017, TK Holdings, as the foreign representative of the
Chapter 11 Debtors, obtained an order of the Ontario Superior Court
of Justice (Commercial List) granting, among other things, a stay
of proceedings against the Chapter 11 Debtors pursuant to Part IV
of the Companies' Creditors Arrangement Act.  The Canadian Court
appointed FTI Consulting Canada Inc. as information officer.  TK
Holdings, as the foreign representative, is represented by McCarthy
Tetrault LLP.

The U.S. Trustee has appointed an Official Committee of Unsecured
Trade Creditors and a separate Official Committee of Tort
Claimants.  The Official Committee of Tort Claimants selected
Pachulski Stang Ziehl & Jones LLP as counsel.

The Official Committee of Unsecured Creditors has selected
Christopher M. Samis, Esq., L. Katherine Good, Esq., and Kevin F.
Shaw, Esq., at Whiteford, Taylor & Preston LLC, in Wilmington,
Delaware; Dennis F. Dunne, Esq., Abhilash M. Raval, Esq., and Tyson
Lomazow, Esq., at Milbank Tweed Hadley & McCloy LLP, in New York;
and Andrew M. Leblanc, Esq., at Milbank, Tweed, Hadley & McCloy
LLP, in Washington, D.C., as its bankruptcy counsel.  The Committee
has also tapped Chuo Sogo Law Office PC as Japan counsel.

Frankel Wyron LLP serves as counsel to the Future Claimants'
Representative.

                         Chapter 15 Cases

Takata Corporation ("TKJP") and affiliates Takata Kyushu
Corporation and Takata Services Corporation commenced Chapter 15
cases (Bankr. D. Del. Case Nos. 17-11713 to 17-11715) on Aug. 9,
2017, to seek U.S. recognition of the civil rehabilitation
proceedings in Japan.  The Hon. Brendan Linehan Shannon oversees
the Chapter 15 cases.  Young, Conaway, Stargatt & Taylor, LLP,
serves as Takata's counsel in the Chapter 15 cases.


TEGNA INC: Moody's Lowers Corporate Family Rating to Ba2
--------------------------------------------------------
Moody's Investors Service downgrades TEGNA Inc.'s Corporate Family
Rating to Ba2, from Ba1 previously under review for downgrade. All
instrument ratings, including the Senior Unsecured Credit Facility
and Senior Unsecured Notes were also downgraded to Ba2-LGD4, from
Ba1-LGD3 previously under review for downgrade. The Ba1-PD
Probability of Default Rating (PDR), previously under review, was
confirmed. The Outlook was changed to Stable, from Rating Under
Review. The Speculative Grade Liquidity rating was downgraded to
SGL-2, from SGL-1.

Moody's has taken the following action:

Downgrades:

Issuer: Belo Corp.

-- Senior Unsecured Regular Bond/Debenture, Downgraded to Ba2
    (LGD 4) from Ba1 (LGD 3), previously on review for downgrade

Issuer: TEGNA Inc.

Confirmations:

-- Probability of Default Rating, Confirmed at Ba1-PD, previously

    on review for downgrade

Downgrades:

-- Speculative Grade Liquidity Rating, Downgraded to SGL-2 from
    SGL-1

-- Corporate Family Rating, Downgraded to Ba2 from Ba1,
    previously on review for downgrade

-- Senior Unsecured Shelf, Downgraded to (P)Ba2 from (P)Ba1,
    previously on review for downgrade

-- Senior Unsecured Bank Credit Facility, Downgraded to Ba2 (LGD
    4) from Ba1 (LGD 3), previously on review for downgrade

-- Senior Unsecured Regular Bond/Debenture, Downgraded to Ba2
    (LGD 4) from Ba1 (LGD 3), previously on review for downgrade

Outlook Actions:

Issuer: TEGNA Inc.

-- Outlook, Changed To Stable From Rating Under Review

RATINGS RATIONALE

This concludes Moody's reviews of TEGNA's ratings initiated on
September 7, 2016, following the announcement the company was
planning a tax-free spin-off of Cars.com and the sale of its 53%
interest in CareerBuilder. TEGNA completed the spin-off of Cars.com
on May 31, 2017 and sold 41% of its interest in CareerBuilder on
July 31, 2017, leaving TEGNA with a 12% non-controlling equity
interest (on a fully diluted basis). In connection with these
transactions, TEGNA received approximately $900 million in gross
proceeds ($650 million in distributions from Cars.com and
approximately $250 million from sale of CareerBuilder). Following
the close of these transactions, TEGNA has repaid approximately
$600 million in debt to date.

Spinning off and divesting these assets unwinds the large majority
of the company's digital investments, leaving behind a very small
operation that is a tiny fraction of the former business -- less
than 2% of total net revenues. While these assets produced lower
margins, they added significant scale with revenue that was
approaching $1.5 billion, helped to diversify the business, and had
good growth potential. These contributions, taken together, were
considered a net positive rating factor given the cyclicality and
low growth dynamics of the core advertising business which
represented the majority of revenues.

While Moody's understand management now believes these assets are
no longer synergistic with the broadcast business, it's clear from
earlier public comments made by management when the assets were
acquired that the original thinking was more optimistic. In
particular, the view on Cars.com was that it would be the
foundation of a digital operation, had terrific growth prospects
with 20% revenue CAGR and 40% EBITDA CAGR, increased scale,
produced more cash flows, improved the competitive position of the
company, and helped align the company with one of the most
important ad buying verticals, automotive.

With the share of advertising budgets steadily shifting to digital,
TEGNA was more heavily invested than all of its peers. Without this
participation, which represented more than 40% of the company's
revenue mix at the time of the announcement, the company is
significantly less diversified, much smaller in scale, more exposed
to digital share shift, and could experience slower top line
growth. With this aggressive retrench to broadcasting, the company
now lags behind many of its peers in terms of the size of its
digital operations. This puts TEGNA at a relative disadvantage to
the broader sector's aggressive efforts to grow its digital
participation in order to build a hedge against the exposure to
digital share shift. While the Company has a number of digital
properties that have shown promise and are expected to be
increasingly accretive to the business, organically rebuilding a
digital operation in this highly competitive and commoditized
market environment is a major challenge.

TEGNA's Ba2 Corporate Family Rating reflects its good size and
scale, with revenues close to $2 billion. TEGNA's has national
reach, affiliate mix, wide distribution, and growing balance in the
model. TEGNA owns and operates 46 television stations in 38 US
markets, reaching nearly 33% of the television audience. Over 50%
of its stations are in the top 50 markets, and has the most major
network affiliates in the top 25 markets. TEGNA's affiliate
stations are weighted in NBC (37% of the mix), but 67% are CBS,
ABC, Fox, and other stations. Distribution is also well dispersed
across carriers, with coverage on most of the major MVPD's. The
revenue mix has improved with high growth in more stable
subscription fees adding balance and predictability to the business
model. At the end of 2016, these fees contributed about 30% of
total net revenue which will approach 40% with high single-digit
growth. Moody's believes this revenue source will continue to
support strong margins near 39%.

TEGNA's rating is constrained by exposure to the cyclicality of ad
revenues, risks emerging from media fragmentation, and financial
policies that tolerate a pattern of elevated leverage and regular
shareholder distributions. TEGNA's leverage ratio is elevated for
its rating category, at approximately 4.6x (Moody's adjusted total
gross debt-to-2 year average EBITDA as of LTM June 2017), similar
to lower rated peers and approximately .85x higher than Moody's
tolerance of maximum leverage of 3.75x for TEGNA's Ba2 rating.
Moody's expects the ratio to fall by approximately .25x over the
next 12 months, and improve to below 4x thereafter. In addition to
elevated leverage, TEGNA has shown a willingness to distribute a
significant portion of its cash flows to shareholders in the form
of dividends and share repurchases. Going forward, Moody's expects
at least 20% of cash EBITDA to be used in these activities. The
burdens of debt and returns to shareholders, combined with CAPEX,
will limit free cash flow (after mandatory debt repayment) to under
$100 million.

Rating Outlook

Moody's stable outlook incorporates an assumption that the company
will generate revenues between $2.1-$2.2 billion over the next
12-18 months, up to $900 million in adjusted EBITDA, and close to
$380 million in free cash flows. Moody's expects EBITDA margins
between 38%-39%. Moody's expects leverage to be in the low to mid
4x range and interest coverage in the low 3x range. Moody's outlook
assumes the company will maintain its market position, its
financial policies, its capital structure, operating model, and
good liquidity.

The ratings could be upgraded if leverage (debt-to-2 year average
EBITDA) is sustained below 3.25x (Moody's standard adjustments). A
positive rating action would also be considered if the company
maintains good liquidity, increases its scale, improves its market
position or share, diversifies its business model, or adopts more
conservative financial policies. In addition, a positive action is
also conditional on a low probability of near-term event risks and
the absence of negative developments including unfavorable changes
in regulation, capital structure and or key performance measures.

The ratings could be downgraded if leverage (debt-to-2 year average
EBITDA) is sustained above 3.75x (Moody's standard adjustments). A
negative rating action would also be considered if the company's
scale diminished, cash flows fell, more aggressive financial
policies were adopted, liquidity diminished, or Moody's anticipated
the possibility of a material and adverse change market position or
share, regulation, capital structure, key performance measures, or
the operating model.

TEGNA Inc. is a leading U.S. broadcaster with operations consist of
46 television stations with the largest Big 4 affiliate group in
the top 25 markets, reaching roughly one-third of US television
households. The company, headquartered in McLean, VA, is publicly
traded with a single class structure. Pro forma revenue for the
last twelve months ended June 30, 2017 was approximately $2.0
billion.


TOWERSTREAM CORP: Files Amended Units Prospectus
------------------------------------------------
Towerstream Corporation filed a first amendment to its Form S-1
registration statement relating to the offering of an undertermined
amount of units, each unit consisting of one share of the Company's
common stock, $0.001 par value per share, and one warrant to
purchase one share of its common stock.  The warrants included
within a Class A unit are exercisable immediately and have an
exercise price of $ per share (125% of the public offering price)
and expire five years from the date of issuance.  The Class A units
will not be issued or certificated.  Purchasers will receive only
shares of common stock and warrants.  The shares of common stock
and warrants may be transferred separately, immediately upon
issuance.  The offering also includes the shares of common stock
issuable from time to time upon exercise of the warrants.

The Company is also offering to those purchasers, whose purchase of
Class A units in this offering would result in the purchaser,
together with its affiliates and certain related parties,
beneficially owning more than 4.99% (or, at the election of the
purchaser, 9.99%) of the Company's outstanding common stock
following the consummation of this offering, the opportunity to
purchase, in lieu of the number of Class A units that would result
in ownership in excess of 4.99% (or, at the election of the
purchaser, 9.99%) of our outstanding common stock, a unit
consisting of (i) one share of Series I convertible preferred
stock, par value $.001 per share, convertible at any time at the
holder’s option into shares of common stock equal to $1,000
divided by $_____, the public offering price per Class A unit and
(ii) warrants to purchase a number of shares of common stock equal
to the number of shares of common stock issuable upon conversion of
one share of Series I Preferred Stock.  The warrants included in
the Class B units will have the same terms as the warrants included
in the Class A units.  The Class B units will not be issued or
certificated.  Purchasers will receive only shares of Series I
Preferred Stock and warrants.  The shares of Series I Preferred
Stock and warrants may be transferred separately, immediately upon
issuance.

The Company intends to use the net proceeds from this offering
primarily for general corporate purposes and working capital.

The Company's common stock is presently quoted on the OTCQB tier of
the OTC Markets Group, Inc. under the symbol "TWER".  The Company
has applied to have its common stock and will apply to have its
warrants listed on The NASDAQ Capital Market under the symbol
"TWER" and "TWERW," respectively, and the closing of this offering
is contingent upon the successful listing of its common stock and
warrants on The NASDAQ Capital Market.  No assurance can be given
that its application will be approved.  On Sept. 22, 2017, the last
reported sale price for the Company's common stock on the OTCQB was
$6.75 per share.

A full-text copy of the amended prospectus is available at:

                     https://is.gd/vXhdXy

                 About Towerstream Corporation

Towerstream Corporation (OTCQB:TWER) -- http://www.towerstream.com/
-- is a fixed-wireless fiber alternative company delivering
Internet access to businesses.  The Company offers broadband
services in 12 urban markets including New York City, Boston, Los
Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami,
Seattle, Dallas-Fort Worth, Houston, Las Vegas-Reno, and the
greater Providence area.

Towerstream reported a net loss attributable to common stockholders
of $22.15 million on $26.89 million of revenues for the year ended
Dec. 31, 2016, compared to a net loss attributable to common
stockholders of $40.48 million on $27.90 million of revenues for
the year ended Dec. 31, 2015.  

As of June 30, 2017, Towerstream had $28.17 million in total
assets, $37.64 million in total liabilities and a total
stockholders' deficit of $9.46 million.

Marcum LLP, in New York, NY, issued a "going concern" qualification
on the consolidated financial statements for the year ended Dec.
31, 2016, citing that the Company has incurred significant losses
and needs to raise additional funds to meet its obligations and
sustain its operations.  These conditions raise substantial doubt
about the Company's ability to continue as a going concern.


TOYS "R" US: May Maintain Customer Programs, Court Says
-------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that the Hon.
Keith L. Phillips of the U.S. Bankruptcy Court for the Eastern
District of Virginia has granted Toys R Us authorization to
maintain its customer programs, shortly after gaining access to
$2.2 billion in post-petition financing.

Law360 relates that Judge Phillips permitted the iconic toy
retailer to continue administering and maintaining popular programs
that the Debtor hopes will "attract and maintain positive customer
relationships."  The Debtor, according to the report, can continue
allowing clients to return or exchange purchased merchandise,
redeem gift cards, take advantage of sales promotions and receive
discounts or rewards if they are enrolled in certain programs.
Court documents state that roughly $206 million in the Debtor's
issued gift cards and merchandise credit remain outstanding, while
another $22.5 million worth of valid rewards certificates have yet
to be redeemed.

                        About Toys "R" Us

Toys "R" Us, Inc., is an American toy and juvenile-products
retailer founded in 1948 and headquartered in Wayne, New Jersey, in
the New York City metropolitan area.

Merchandise is sold in 880 Toys "R" Us and Babies "R" Us stores in
the United States, Puerto Rico and Guam, and in more than 780
international stores and more than 245 licensed stores in 37
countries and jurisdictions.  Merchandise is also sold at
e-commerce sites including Toysrus.com and Babiesrus.com.

On July 21, 2005, a consortium of Bain Capital Partners LLC,
Kohlberg Kravis Roberts and Vornado Realty Trust invested $1.3
billion to complete a $6.6 billion leveraged buyout of the company.
Toys "R" Us is now a privately owned entity but still files with
the Securities and Exchange Commission as required by its debt
agreements.

The Company's consolidated balance sheet showed $6.572 billion in
assets, $7.891 billion in liabilities, and a stockholders' deficit
of $1.319 billion as of April 29, 2017.

Toys "R" Us, Inc. and certain of its U.S. subsidiaries and its
Canadian subsidiary voluntarily filed for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No. Case No.
17-34665) on Sept. 19, 2017.  Judge Keith L. Phillips is the case
judge.

In addition, the Company's Canadian subsidiary voluntarily
commenced parallel proceedings under the Companies' Creditors
Arrangement Act ("CCAA") in Canada in the Ontario Superior Court of
Justice.

The Company's operations outside of the U.S. and Canada, including
its 255 licensed stores and joint venture partnership in Asia,
which are separate entities, are not part of the Chapter 11 filing
and CCAA proceedings.

Kirkland & Ellis LLP is serving as principal legal counsel to Toys
"R" Us, Alvarez & Marsal is serving as restructuring advisor and
Lazard is serving as financial advisor.  Prime Clerk LLC is the
claims and noticing agent.

Grant Thornton is the monitor appointed in the CCAA case.


TPC GROUP: S&P Affirms 'CCC+' CCR & Alters Outlook to Stable
------------------------------------------------------------
S&P Global Ratings affirmed its 'CCC+' corporate credit rating on
Texas-based, TPC Group, Inc. and revised the outlook to stable from
negative.  

TPC Group Inc. (TPC) delivered operating results and credit
measures over the past few quarters that were stronger than our
previous expectations, primarily reflecting a favorable pricing
environment, with average butadiene prices of around $0.84cents/lb.
in the first half of 2017, compared to$0.34 cents/lb. in the
year-earlier period coupled with increased volumes. Additionally,
the company has structurally changed its Crude C4 supply contracts,
which now include a margin share component.  

S&P said, "We are also affirming the 'CCC+' issue-level ratings on
the company's first-lien secured debt. The recovery rating remains
'4', indicating our expectation for average recovery (30%-50%;
rounded estimate; 35%) in the event of a default.

"The stable outlook reflects our view that TPC's amended ABL and
maturity profile make a payment crisis over the next twelve months
unlikely, although we continue to view their leverage as
unsustainable. We assume that operating conditions will improve
modestly as prices of butadiene and similar chemicals remain above
2016 prices, and the company is positioned well to benefit from
increases in U.S. olefins production and the resulting increase in
crude C4 supply. We do not, however, anticipate significant
improvement in the automotive market or macro-economy, which would
boost demand for synthetic rubber."


UNITED CONTINENTAL: Fitch Assigns BB/RR4 Rating to Unsecured Notes
------------------------------------------------------------------
Fitch Ratings has assigned a rating of 'BB/RR4' to United
Continental Holdings, Inc.'s (UAL) unsecured note issuance. Fitch
currently rates UAL and its primary operating subsidiary, United
Airlines, Inc. 'BB'.

UAL expects to issue $400 million in senior unsecured notes due in
October 2022. The notes will feature a guarantee from United
Airlines, Inc. and will rank equally with UAL's existing unsecured
issuance. Proceeds will be used for general corporate purposes.

The debt issuance does not alter Fitch's prior forecast that UAL's
adjusted debt/EBITDAR will remain in the mid-to-high 3x range over
the intermediate term, a level that is supportive of the current
rating.

KEY RATING DRIVERS

Fitch affirmed United's Issuer Default Rating at 'BB' on Sept. 8,
2017. The affirmation reflected financial performance at United
that marginally underperformed Fitch's expectations over the past
year and Fitch's forecast that credit metrics are likely to
deteriorate marginally in the short-term before improving beyond
2017. Weaker metrics reflect higher operating costs, fuel expenses,
and a soft unit revenue environment. Nevertheless, Fitch's
expectations for medium term adjusted leverage metrics in the
mid-to-high 3x range, EBITDAR margins sustained around 20%, and
prospects for improving free cash flow (FCF) are all supportive of
the 'BB' rating. Fitch believes that United's ratings could move
higher over the longer term should it improve operating margins
compared to peers, demonstrate consistently positive FCF and
maintain adjusted debt/EBITDAR in the low 3x range.

Weaker Margins in 2017: Fitch expects United's operating margins to
be down materially in 2017 as labor and fuel expenses increase amid
the lingering soft unit revenue environment. Margin degradation was
expected in 2017 after two particularly good years in 2015 and
2016, though actual results may come in slightly below prior
expectations. Fitch's current forecasts includes EBIT margins in
2017 that are down more than 500 basis points from the 13.6% that
United posted in 2016, though the impact of Hurricane Harvey could
lead to a more material decline. Beyond 2017, Fitch expects margins
to improve as UAL moves beyond the increases in labor expense that
it is experiencing this year and as the company sees the full
effects of its basic economy initiative and cost savings efforts.

Higher Near-Term Debt: Debt financing of aircraft deliveries will
push United's total debt and leverage higher at least through 2017.
Higher on-balance sheet debt will be partially offset by lower
capitalized rent expenses as the company has recently purchased
some aircraft off of lease. In total, Fitch expects United to end
2017 with an adjusted debt/EBITDAR ratio just below 4x, up from 3x
at the end of 2016. Leverage should trend towards or below 3.5x
over the next several years after United moves beyond this year of
particularly heavy capital spending.

FCF to Improve Beyond 2017: Fitch expects United's FCF to turn
negative in 2017 to more than $1 billion due to a high level of
capital spending along with cash outflows related to usage of
airline miles purchased in advance. FCF should improve towards or
above $1 billion in 2018 and remain positive thereafter as capital
spending declines. United plans to spend between $4.6 billion and
$4.8 billion in capex in 2017 and around a billion less than that
in 2018. Heavy capital spending this year reflects a large number
of widebody aircraft deliveries, higher pre-delivery payments for
aircraft, and increased spending on technology infrastructure.

DERIVATION SUMMARY

United's 'BB' rating is in between the ratings of its two major
network rivals, Delta Air Lines (BBB-) and American Airlines (BB-).
The ratings distinction between the three airlines is reflective of
the financial strategies adopted by each airline. For instance,
following its merger with Northwest Airlines, Delta aggressively
de-leveraged its balance sheet and now maintains a leverage ratio
of 2.1x, compared to 3.4x for United. American Airlines, on the
other hand, has adopted a more aggressive financial policy,
borrowing heavily to finance new aircraft deliveries while
simultaneously sending material amounts of cash to shareholders via
share repurchases. As such, American's debt levels have risen since
it exited bankruptcy and it now maintains an adjusted leverage
metric of 4.7x. The 'BB' category ratings for both United and
American reflect material improvements to financial metrics in the
years since the 2008/2009 recession when they were rated 'B' or
lower. For instance, UAL posted an EBIT margin of 11.8% for the
latest 12 months (LTM) period ended June 30, 2017, up from an
average of 5.9% for the period between 2010-2013. JetBlue is rated
one notch below United despite having better headline financial
metrics (leverage, FCF, operating margins), with the rating
differential explained in part by the difference in size and scale
of the two carriers.

KEY ASSUMPTIONS

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

-- Capacity growth of 3% in 2017 followed by low single digit
    annual capacity growth thereafter;

-- Continued moderate economic growth for the U.S. over the near
    term, translating to stable demand for air travel;

-- Jet fuel prices equating to around $55/barrel on average for
    2017, increasing to around $65/barrel by 2020;

-- Moderately declining RASM in 2017 followed by modest annual
    growth thereafter.

RATING SENSITIVITIES

Future Developments That May, Individually or Collectively, Lead to
Positive Rating Action

-- Adjusted debt/EBITDAR sustained around 3.0x;
-- Funds from operations (FFO) fixed charge sustained above 3.5x;
-- FCF as a percentage of revenue sustained in the mid-single
    digits;
-- Continued improvements in United's operational performance;
-- Evidence of improving unit revenues.

Future Developments That May, Individually or Collectively, Lead to
Negative Rating Action

-- Adjusted debt/EBITDAR sustained above 4x;
-- EBITDAR margins deteriorating into the low double digit range;
-- Persistently negative or negligible FCF.

LIQUIDITY

As of June 30, 2017, United maintained approximately $6.7 billion
in total liquidity including full availability under its $2 billion
revolver. Liquidity as a percentage of LTM revenue was 17.8%, which
is considered adequate for the ratings particularly given Fitch's
expectations that UAL will generate significant cash flow from
operations over the next several years. Expected cash flow from
operations along with the ability to finance a significant portion
of airline capital expenditures should provide United with
sufficient liquidity to cover near-term needs, including upcoming
debt maturities. The company also maintains a sizeable and growing
base of unencumbered assets that can be tapped to raise funds if
needed in the case of a downturn.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following rating:

United Continental Holdings, Inc.

-- Senior unsecured notes due 2022 'BB/RR4'.

Fitch currently rates United:

United Continental Holdings, Inc.
-- IDR 'BB'
-- Senior unsecured rating 'BB/RR4'.

United Airlines, Inc.
-- IDR 'BB'
-- Secured bank credit facilities 'BB+/RR1'.


US VIRGIN ISLANDS: Fitch Withdraws CCC Issuer Default Rating
------------------------------------------------------------
Fitch Ratings has withdrawn the following ratings and Outlooks for
the United States Virgin Islands (USVI) and the USVI Public Finance
Authority (VIPFA):

-- USVI Issuer Default Rating (IDR) 'CCC'; Outlook Negative;
-- VIPFA gross receipts tax revenue bond rating 'B'; Outlook
    Negative;
-- VIPFA senior lien matching fund revenue bond rating 'B';
    Outlook Negative;
-- VIPFA subordinate lien matching fund revenue bond rating 'B';
    Outlook Negative;
-- VIPFA subordinate lien matching fund revenue bond rating
    (Diageo project) series 2009A 'B'; Outlook Negative;
-- VIPFA subordinate lien matching fund revenue bond rating
    (Cruzan project) series 2009A 'B'; Outlook Negative.

The USVI and VIPFA have communicated their intent to stop
participating in the rating process, and Fitch no longer has
sufficient information to maintain the ratings. Accordingly, Fitch
will no longer provide ratings or analytical coverage for either
issuer.

RATING SENSITIVITIES

Rating Sensitivities do not apply as the ratings have been
withdrawn.


VALDERRAMA A/C: Unsecureds to Get Minimum of 25% Over 5 Years
-------------------------------------------------------------
Valderrama A/C Refrigeration, Inc., filed with the U.S. Bankruptcy
Court for the Southern District of Texas a disclosure statement
dated Sept. 18, 2017, referring to the Debtor's plan of
reorganization.

Under the Plan, Class 6 General Unsecured Claims will be paid a pro
rata share of their allowed claims in deferred cash payments after
payment of allowed claims in Classes 1–5.  Class 6 claims will be
paid from the proceeds from the liquidation of the Debtor's assets.
Deferred cash payments will be made, if cash is available, upon
the effective date of the Plan and quarterly thereafter.

Creditors in Class 6 will receive a minimum of 25.0% of their
allowed claims over a period of five years starting from the
Effective Date.  Class 6 claims are impaired.

The Plan provides for the payment of its creditors primarily
through its future earnings.

At the Effective Date, the Debtor estimates it will initially have
$30,000 in available cash to pay claims in Classes 1–5.  Every
quarter thereafter, the Debtor believes it can pay a minimum of
$20,000 per quarter towards the satisfaction of claims in Classes
1–6 as shown in the payment schedule in Exhibit D, which is a
worst case scenario for the projection of the Debtor's future cash
flows.  Even under that scenario, the Debtor should be able to pay
all of the claims in Classes 1–4 within two years, and it should
be able to pay 99% of all general, unsecured claims in Class 6 by
the end of the 5th year of the plan.  In all likelihood, the
Debtor's cash flow will exceed a $20,000 cash inflow per quarter.

The Debtor will continue collect all accounts receivable.  The
Debtor will be further authorized, in his discretion, to pursue all
legal remedies to seek collection of any outstanding accounts
receivable.

In the event the Debtor chooses to not to pursue a legal remedy to
pursue collection of an account receivable, the Debtor will have
the discretion to sell any such account after providing notice.  If
no party in interest files an objection to the proposed sale within
14 days after the notice is filed, the proposed sale will be deemed
approved without further order of the Court.  If an objection to
the sale is timely filed, the Debtor will seek court approval of
the sale pursuant to Bankruptcy Rule 9014.

A copy of the Disclosure Statement is available at:

            http://bankrupt.com/misc/txsb17-32091-71.pdf

                About Valderrama A/C Refrigeration

Valderrama A/C Refrigeration, Inc., designs and installs commercial
refrigeration systems serving clients throughout the Greater
Houston area for more than 28 years.

Valderrama A/C Refrigeration sought Chapter 11 protection (Bankr.
S.D. Tex. Case No. 17-32091) on April 4, 2017, estimating assets
and liabilities of $1 million to $10 million.  The petition was
signed by Dario Ciriaco, director. Judge Karen K. Brown is assigned
to the case.

The Debtor tapped William P Haddock, Esq., at Pendergraft & Simon
as lead bankruptcy counsel; Anne K. Ritchie, Esq., as special
counsel; and Jayson & Frisby as accountant.

No trustee has been appointed, nor is there currently pending any
motion for the appointment of a trustee.


VIDEO DISPLAY: Incurs $1 Million Net Loss in Fiscal 2017
--------------------------------------------------------
Video Display Corporation filed with the Securities and Exchange
Commission its annual report on Form 10-K reporting a net loss of
$1.006 million on $19.63 million of net sales for the year ended
Feb. 28, 2017, compared to a net loss of $6.146 million on $18.36
million of net sales for the year ended Feb. 29, 2016.

As of Feb. 28, 2017, Video Display had $11.43 million in total
assets, $3.972 million in total liabilities and $7.458 million in
total shareholders' equity.

Carr, Riggs & Ingram, LLC, in Atlanta, Georgia, issued a "going
concern" opinion in its report on the Company's consolidated
financial statements for the year ended Feb. 28, 2017, stating that
the Company has incurred recurring net losses and a decline in
working capital and liquid assets.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.

The Company has sustained losses for each of the last three years.
These losses were a combination of low revenues at all divisions
without a commensurate reduction of expenses.  During the year
ended Feb. 28, 2017, the Company operated using cash from
operations of $1.2 million, which is primarily generated from an
increase in accounts receivable of $1.2 million.  During the year
ended Feb. 29, 2016, operating cash flows provided $1.1 million.

"Management has implemented a plan to improve the liquidity of the
Company.  The Company has been implementing a plan to increase
revenues at all the divisions, each structured to the particular
division with an increase in the current backlog and growth in
revenues subsequent to February 28, 2017.  The Company implemented
a plan to reduce expenses at the divisions, as well as at the
corporate location during the fiscal year ending February 28, 2017
with the expectation that expenses will be decreased by more than
$1.7 million per year.  The reduction in expenses was over $2.0
million for the year.  Management continues to explore options to
monetize certain assets of the business and is in the process of
securing a new lease for Lexel as further described in Note 11. The
Company secured a $500 thousand line of credit on September 14,
2016.  If additional and more permanent capital is required to fund
the operations of the Company, no assurance can be given that the
Company will be able to obtain the capital on terms favorable to
the Company, if at all."

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

                       https://is.gd/5EHojN

                       About Video Display

Video Display Corporation is a provider and manufacturer of video
products, components, and systems for visual display and
presentation of electronic information media in a variety of
requirements and environments.  The Company designs, engineers,
manufactures, markets, distributes and installs technologically
advanced display products and systems, from basic components to
turnkey systems, for government, military, aerospace, medical,
industrial, and commercial organizations.  The Company markets its
products worldwide primarily from facilities located in the United
States.

As of May 31, 2017, Video Display had $10.44 million in total
assets, $3.21 million in total liabilities and $7.23 million in
total shareholders' equity.


VILLAGE AT LAKERIDGE: U.S. Gov't. Comments on Insider Designation
-----------------------------------------------------------------
Ryan Boysen, writing for Bankruptcy Law360, reports the U.S.
government asserted that higher courts should defer its judgment on
the matter on whether someone is designated a "nonstatutory
insider" in bankruptcy cases on appeal rather than de novo.

The U.S. government made the assertion in a friend-of-the-court
brief filed with the U.S. Supreme Court in the case captioned U.S.
Bank NA et al. v. The Village at Lakeridge LLC et al., case number
15-1509, in the Supreme Court of the United States, Law360 relates.
Under the case, U.S. Bank is seeking to void the vote of another
claimholder, Robert A. Rabkin, in the 2011 bankruptcy of Village at
Lakeridge.  US Bank insisted that Mr. Rabkin should be considered a
"nonstatutory insider." Mr. Rabkin acquired his claim in the case
from MBP Equity Partners.

                About The Village at Lakeridge

The Village at Lakeridge LLC, f/k/a Magnolia Village LLC, in Reno,
Nevada, filed for Chapter 11 bankruptcy (Bankr. D. Nev. Case No.
11-51994) on June 16, 2011.  The Debtor scheduled $9,480,180 in
assets and $18,957,268 in debt.  Judge Bruce T. Beesley oversaw the
case.  The Law Offices of Alan R. Smith, served as the Debtor's
counsel.  


VITAMIN WORLD: Wants Injunction After Robinson Terminated Service
-----------------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, reports that Vitamin
World Inc. filed an adversary action in Delaware seeking emergency
injunctive relief after manufacturing contractor Robinson Pharma
Inc. said it would no longer supply the Debtor with manufacturing
and packaging services for vitamins, minerals, herbs and
supplements, threatening the Debtor's chances at a successful
reorganization.  Law360 relates that the Debtor said Robinson
Pharma has been supplying it with inventory since the parties
signed a contract manufacturing agreement in August 2016.

                        About Vitamin World

Vitamin World Inc., VWRE Holdings, Inc. ("RE Holdings") and other
related entities sought Chapter 11 protection (Bankr. D. Del. Lead
Case No. 17-11933) on Sept. 11, 2017.

Headquartered in Holbrook, New York, Vitamin World is a specialty
retailer in the vitamins, minerals, herbs and supplements market.
The Company offers customers products across all major VMHS and
sports nutrition categories, including, supplements, active
nutrition, multiples, letter vitamins, health and beauty, herbs,
minerals, food and specialty items.

When it filed for bankruptcy, Vitamin World was operating out of
four distribution centers located in Holbrook, New York; Sparks,
Nevada; Riverside, California; and Groveport, Ohio; and 334 retail
stores that are mostly located in malls and outlet centers across
the United States and its territories.  Products are also sold
online at http://www.vitaminworld.com/ The Company has 1,478
active employees.

Vitamin World estimated assets of $50 million to $100 million and
debt of $10 million to $50 million.

Katten Muchin Rosenman LLP is the Debtors' bankruptcy counsel.
Saul Ewing Arnstein & Lehr LLP is the co-counsel.  Retail
Consulting Services, Inc., is the Debtors' real estate advisors.
RAS Management Advisors, LLC, is the financial advisor.  JND
Corporate Restructuring is the claims and noticing agent.


W/S PACKAGING: Moody's Lowers CFR to Caa3 on Weak Liquidity
-----------------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating of
W/S Packaging Group, Inc. to Caa3 from Caa2 and the Probability of
Default Rating to Ca-PD from Caa3-PD. Moody's also downgraded the
ratings on the Senior Secured Credit Facilities to Caa2 from Caa1.
The ratings outlook is changed to stable from negative.

Downgrades:

Issuer: W/S Packaging Group, Inc.

-- Probability of Default Rating, Downgraded to Ca-PD from Caa3-
    PD

-- Corporate Family Rating, Downgraded to Caa3 from Caa2

-- Senior Secured Bank Credit Facilities, Downgraded to Caa2 (LGD

    2) from Caa1(LGD 2)

Outlook Actions:

Issuer: W/S Packaging Group, Inc.

-- Outlook, Changed To Stable From Negative

RATINGS RATIONALE

The Caa3 corporate family rating reflects lower than expected
operating performance, high leverage and resulting weak liquidity
and heightened refinance risk. The rating reflects the lack of
consistent improvement in operating performance and reliance on an
equity cure and renegotiated covenant levels to avoid covenant
breach. While the company projects modest covenant cushion in
fiscal 2017, any negative variance in unit volumes or operating
performance could adversely impact credit metrics, further strain
liquidity and increase the likelihood of default as the company
faces increasing refinancing risks with the revolver due in August
2018.

The stable outlook reflects expectations that credit metrics and
liquidity will remain weak over the horizon.

The ratings or outlook could be upgraded if the company improves
its liquidity profile while maintaining its credit metrics within
the context of a stable operating and competitive environment. Any
improvement in liquidity would have to include an extension of the
maturity of the credit facility and an improvement in cushion under
the existing covenants. Specifically, the rating could be upgraded
if debt/EBITDA remained below 6x, funds from operations to debt
remains above 6%, EBITDA to interest coverage remains above 2.0
times, and free cash flow to debt remains positive.

The ratings could be downgraded further if there is no improvement
in the liquidity profile, credit metrics or the operating and
competitive environment. Specifically, the rating could be
downgraded if free cash flow turns negative or the company fails to
extend the maturity of its credit facility and improve the cushion
under its financial covenants.

Headquartered in Green Bay, WI, W/S Packaging Group, Inc is a
provider of pressure sensitive labels, flexible film packaging and
other packaging solutions for the food and beverage, health and
beauty, and consumer products markets. Approximately 96% of the
company's revenue is generated in the US with the remainder
primarily from Canada, Europe and Mexico. Revenue for the twelve
months ended March 31, 2017 was approximately $432 million. W/S has
been a portfolio company of J.W. Childs Associates, L.P. since
2006.

The principal methodology used in these ratings was Packaging
Manufacturers: Metal, Glass, and Plastic Containers published in
September 2015.


WASHINGTON MUTUAL: Liquidating Trust Says Grant Lied About Fee
--------------------------------------------------------------
Ryan Boysen, writing for Bankruptcy Law360, reports that the WMI
Liquidating Trust, the liquidating trustee of long-bankrupt
Washington Mutual Inc., told the U.S. Bankruptcy Court for the
District of Delaware that there are no sanctions for unpaid $5
million contingency fee, as it was only approved because Grant
Thornton LLP lied to the court at an earlier hearing.

According to Law360, WMI Liquidating Trust was hitting back against
the Firm's bid for sanctions over an unpaid $5 million contingency
fee.  The Bank agreed to a contingency fee capped at $5 million
back in 2007 for the Firm to pursue a legal strategy intended to
squeeze $42 million out of the California Franchise Tax Board -- a
strategy that never panned out, although the WMILT ended up
receiving roughly $225 million from the FTB for unrelated reasons,
the report states, citing WMILT.

Law360 recalls that years later, the Firm started to argue that its
contingency fee applied to any and all funds WMILT received from
the FTB, which U.S. Bankruptcy Judge Mary F. Walrath agreed on in
2015.  According to the report, Judge Walrath had allowed WMILT to
conduct additional discovery in its attempt to void the fee as
"improvident," but warned it that doing so would be an uphill
battle.  

Following the close of that discovery, WMILT says it can prove that
the contingency fee was only intended to apply to any recovery on
the narrow $42 million legal strategy, which ultimately yielded
nothing, Law360 reports.  The report adds that WMILT is also
accusing the Firm of lying to the court at the 2015 hearing by
saying that it worked on the separate efforts that led to the $225
million recovery.

Law360 quoted WMILT as saying, "Based on the arguments before it,
including Grant Thornton's inaccurate representation that it worked
on every issue and should be paid for every issue, the court found
that the [Statement of Work] unambiguously provided for payment of
a contingency fee for all economic value the debtors received from
the FTB."

WMILT should have argued the point before the court approved the
contingency fee in a 2012 order, and the Firm always intended the
language of the fee agreement to cover the entirety of any recovery
from the FTB, Law360 shares, citing the Firm.

According to Law360, the Firm is represented by Joseph Grey of
Cross & Simon LLC and Ian S. Landsberg, Casey Z. Donoyan and Lisa
Skaist of Landsberg Law APC.  The WMI Liquidating Trust is
represented by Marcos A. Ramos, Cory D. Kandestin and Andrew M.
Dean of Richards Layton & Finger PA and Brian S. Rosen of Weil
Gotshal & Manges LLP, Law360 states.

                    About Washington Mutual

Based in Seattle, Washington, Washington Mutual Inc. --
http://www.wamu.com/-- was the holding company for Washington
Mutual Bank as well as numerous non-bank subsidiaries.

Washington Mutual Bank was taken over on Sept. 25, 2008, by U.S.
government regulators.  The next day, WaMu and its affiliate, WMI
Investment Corp., filed separate petitions for Chapter 11 relief
(Bankr. D. Del. 08-12229 and 08-12228, respectively).  WaMu owned
100% of the equity in WMI Investment.

When WaMu filed for protection from its creditors, it disclosed
assets of $32,896,605,516 and debts of $8,167,022,695.  WMI
Investment estimated assets of $500 million to $1 billion with zero
debts.

WaMu was represented in the Chapter 11 case by Brian Rosen, Esq.,
at Weil, Gotshal & Manges LLP in New York City; Mark D. Collins,
Esq., at Richards, Layton & Finger P.A. in Wilmington, Del.; and
Peter Calamari, Esq., and David Elsberg, Esq., at Quinn Emanuel
Urquhart Oliver & Hedges, LLP.  The Debtor tapped Valuation
Research Corporation as valuation service provider for certain
assets.

Fred S. Hodara, Esq., at Akin Gump Strauss Hauer & Fled LLP in New
York, and David B. Stratton, Esq., at Pepper Hamilton LLP in
Wilmington, Del., represented the Official Committee of Unsecured
Creditors. Stephen D. Susman, Esq., at Susman Godfrey LLP and
William P. Bowden, Esq., at Ashby & Geddes, P.A., represented the
Equity Committee.  The official committee of equity security
holders also tapped BDO USA as its tax advisor.  Stacey R.
Friedman, Esq., at Sullivan & Cromwell LLP and Adam G. Landis,
Esq., at Landis Rath & Cobb LLP in Wilmington, Del., represented
JPMorgan Chase, which acquired the WaMu bank unit's assets prior to
the Petition Date.

Records filed Jan. 24, 2012, say that Washington Mutual Inc.,
former owner of the biggest U.S. bank to fail, has spent $232.8
million on bankruptcy professionals since filing its Chapter 11
case in September 2008.

As reported in the Troubled Company Reporter on March 21, 2012, the
Debtors disclosed that their Seventh Amended Joint Plan of
Affiliated Debtors, as modified, and as confirmed by order, dated
Feb. 23, 2012, became effective, marking the successful completion
of the Chapter 11 restructuring process.


WESTINGHOUSE ELECTRIC: Tries to Stop Power Contract Termination
---------------------------------------------------------------
Rick Archer, writing for Bankruptcy Law360, reports that
Westinghouse Electric Co. LLC asked the U.S. Bankruptcy Court for
the Southern District of New York not to lift the Chapter 11 stay
and allow Georgia Power to terminate the Debtor's contract to
construct two nuclear power plants.  The Debtor, according to the
report, denied the claim by Georgia Power and the other entities
that jointly own the Vogtle Electric Generating Plant near Augusta,
Georgia, that it has abandoned the project.  The Debtor accused
them of maneuvering to boost their claim against the estate, the
report states.

                  About Westinghouse Electric

Westinghouse Electric Company LLC --
http://www.westinghousenuclear.com/-- is a U.S. based nuclear
power company founded in 1999 that provides design work and
start-up help for new nuclear power plants and makes many of the
components.  Westinghouse manufactures and supplies the commercial
fuel products needed to run the plants, and it offers training,
engineering, maintenance, and quality management services.  Almost
50% of nuclear power plants around the world and about 60% of U.S.
plants are based on Westinghouse's technology.  Westinghouse's
world headquarters are located in the Pittsburgh suburb of
Cranberry Township, Pennsylvania.

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March 29,
2017.  The petitions were signed by AlixPartners' Lisa J. Donahue,
chief transition and development officer.

The Debtors disclosed total assets of $4.32 billion and total
liabilities of $9.39 billion as of Feb. 28, 2017.

The Hon. Michael E. Wiles presides over the cases.

Weil, Gotshal & Manges LLP serves as counsel to the Debtors.  The
Debtors hired AlixPartners LLP as financial advisor; PJT Partners
Inc. as investment banker; Kurtzman Carson Consultants LLC as
claims and noticing agent; K&L Gates as special counsel; and KPMG
LLP as tax consultant and accounting and financial reporting
advisor.

Toshiba Nuclear Energy Holdings (UK) Ltd. is represented by Albert
Togut, Esq., Brian F. Moore, Esq., and Kyle J. Ortiz, Esq., at
Togut, Segal & Segal LLP.

On April 7, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Proskauer Rose LLP is
the committee's bankruptcy counsel, and Houlihan Lokey Capital,
Inc., serves as investment banker.

The Board of Directors of Westinghouse appointed a special panel
called the U.S. AP1000 Committee to oversee the company's
activities related to certain AP1000 nuclear plants located in
Georgia and South Carolina.


WESTMOUNTAIN GOLD: Amends Disclosure Statement
----------------------------------------------
BankruptcyData.com reported that WestMountain Gold filed with the
U.S. Bankruptcy Court a First Amended Disclosure Statement, which
notes, "While the Debtors have used $3.5 million as an initial
capital raise in order to confirm the Plan, this number is an
illustration of an amount that might be raised. The Debtors intend
to proceed with confirmation of the Plan with a New Capital
requirement of $3 million. The amount is confirmed from BOCO so the
Debtors intend to seek confirmation of the Plan. Other creditors
may elect to fund a portion of the New Capital and the amount
raised may exceed $ million. The Projections forecast through the
operation of the Debtor from September 2017 through 2019. Minimal
revenue is expected over this time period and the overall losses
are projected at $2,498,977 which will be covered by the New
Capital. The New Capital will provide the Debtors with the ability
to operate and explore alternatives to develop its gold resources.
The Debtor has proposed a plan whereby the primary approach will be
to find a third party Joint Venture (JV) partner to develop the
resource, Two potential JV partners, under non-disclosure
agreement, have access to the data room and have been reviewing the
Debtor's information. The Debtor may or may not hire a CEO. This
will depend upon confirmation of the Plan and the possible path
forward with a potential JV partner."

                   About Westmountain Gold

Based in Fort Collins, Colorado, WestMountain Gold, Inc., is a
precious metals exploration company.  Its major project is known as
the Terra or TMC Project, which consists of a gold mining operation
in Alaska.

WestMountain Gold, Inc., and Terra Gold Corporation sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Colo.
Lead Case No. 17-11527) on March 1, 2017.  The petitions were
signed by Rick Bloom, authorized representative.  At the time of
the filing, the Debtors estimated their assets and debt at $1
million to $10 million.  

Kutner Brinen, P.C., is serving as bankruptcy counsel to the
Debtors.  Holland & Hart LLP, Schwabe Williamson & Wyatt, P.C., and
Thrasher Worth LLC have been tapped as special counsel to the
Debtors.


YBRANT MEDIA: Court Tosses Case Amid Failure to Secure Financing
----------------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that a New York
bankruptcy court dismissed in late August 2017 the Chapter 11 case
of  Ybrant Media Acquisition Inc., citing that the Company failed
to successfully secure bankruptcy financing and pay a $37 million
arbitral award.

Law360 relates that Ybrant was negotiating a $150 million loan from
White Oak Global Advisors LLC but the deal never materialized

                        About Ybrant Media

Ybrant Media Acquisition, Inc., was incorporated in 2007 and is a
wholly-owned subsidiary of Ybrant Digital Limited, a global digital
marketing company organized under the laws of India, whose shares
are publicly traded on the Bombay Stock Exchange and the National
Stock Exchange of India.  The Company was created to purchase and
manage the assets of Internet and media-related businesses.  Ybrant
holds a 56% interest in the search engine Lycos.

Ybrant Media sought bankruptcy protection after being sanctioned to
pay a $37 arbitration award to Daum Global Holdings Corp.

Ybrant Media filed a Chapter 11 bankruptcy petition (Bankr.
S.D.N.Y. Case No. 16-10597) on March 14, 2016.  The petition was
signed by Suresh K. Reddy as chief executive officer.  The Debtor
estimated assets in the range of $10 million to $50 million and
liabilities of up to $50 million.  Rosen & Associates, P.C., serves
as the Debtor's counsel.


YBRANT MEDIA: Rosen Says Fees US Trustee Asks for Already Returned
------------------------------------------------------------------
Jimmy Hoover, writing for Bankruptcy Law360, reports that Rosen &
Associates PC, the counsel for Ybrant Acquisition Corp., asked the
U.S. Bankruptcy Court for the Southern District of New York to
dismiss the U.S. Trustee's request that the Firm return fees
purportedly received from unauthorized Ybrant subsidiaries.  Rosen
says that its voluntary disgorgement of the fees makes the issue
moot, Law360 relates.

                      About Ybrant Media

Ybrant Media Acquisition, Inc., was incorporated in 2007 and is a
wholly-owned subsidiary of Ybrant Digital Limited, a global digital
marketing company organized under the laws of India, whose shares
are publicly traded on the Bombay Stock Exchange and the National
Stock Exchange of India.  The Debtor was created to purchase and
manage the assets of Internet and media-related businesses.

Ybrant Media filed a Chapter 11 bankruptcy petition (Bankr.
S.D.N.Y. Case No. 16-10597) on March 14, 2016.  The petition was
signed by Suresh K. Reddy as chief executive officer.  The Debtor
estimated assets in the range of $10 million to $50 million and
liabilities of up to $50 million.  Rosen & Associates, P.C., serves
as the Debtor's counsel.


[*] $282K in Defaulted Timeshare Loans Up for Auction Oct. 6
------------------------------------------------------------
Orange Lake Country Club, Inc., will sell at public auction certain
defaulted timeshare loans in bulk.  The auction will take place on
October 6, 2017 commencing at 10:30 am at the lobby of 1201 Elm
Street, Suite 4600, Dallas, Texas 75270.

Orange Lake Country Club serves as sub-servicer of these loans.

The outstanding principal balance of the loans comprising the
Property is approximately $282,206.46. A minimum bid amount will be
required and the amount will be announced to interested parties 30
minutes prior to the Auction.

It is anticipated that the minimum bid amount will exceed $252,233.
The Property will be conveyed via allonge(s) and one or more
unrecorded collateral assignment of mortgages/deeds of trust
without warranties of any kind and without title insurance.

To qualify to bid, an interested party must 30 minutes prior to the
Auction provide evidence satisfactory to the Sub-servicer of its
ability to within 1 hour of the Auction produce cash or a cashier's
check in an amount exceeding the Estimated Minimum Purchase Price.
Information regarding the Property will be made available to
qualified bidders prior to the commencement of the Auction, and the
information will relate to the performance of the entirety of the
loan portfolio comprising the Property rather than information
regarding individual loans.

The Sub-Servicer may withdraw one or more, or all, of the loans
comprising the Property at any time through and including the time
of the Auction.  The right is reserved to adjourn the day, time and
place of the Auction without further publication upon announcement
of the new day, time and/or place.


[^] BOND PRICING: For the Week from September 25 to 29, 2017
------------------------------------------------------------
   Company                   Ticker   Coupon Bid Price   Maturity
   -------                   ------   ------ ---------   --------
Alpha Appalachia
  Holdings Inc               ANR       3.250     2.048   8/1/2015
American Eagle Energy Corp   AMZG     11.000     0.933   9/1/2019
Amyris Inc                   AMRS      9.500    61.907  4/15/2019
Amyris Inc                   AMRS      6.500    66.000  5/15/2019
Armstrong Energy Inc         ARMS     11.750    11.625 12/15/2019
Armstrong Energy Inc         ARMS     11.750    11.625 12/15/2019
Atwood Oceanics Inc          ATW       6.500    99.682   2/1/2020
Avaya Inc                    AVYA     10.500     5.250   3/1/2021
Avaya Inc                    AVYA     10.500     4.316   3/1/2021
BPZ Resources Inc            BPZR      6.500     3.017   3/1/2015
BPZ Resources Inc            BPZR      6.500     3.017   3/1/2049
Bon-Ton Department
  Stores Inc/The             BONT      8.000    34.565  6/15/2021
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp               BBEP      7.875     4.531  4/15/2022
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp               BBEP      8.625     6.000 10/15/2020
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp               BBEP      8.625     4.993 10/15/2020
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp               BBEP      8.625     4.993 10/15/2020
Buffalo Thunder
  Development Authority      BUFLO    11.000    40.000  12/9/2022
Chassix Holdings Inc         CHASSX   10.000     8.000 12/15/2018
Chassix Holdings Inc         CHASSX   10.000     8.000 12/15/2018
Chukchansi Economic
  Development Authority      CHUKCH    9.750    55.000  5/30/2020
Chukchansi Economic
  Development Authority      CHUKCH    9.750    55.000  5/30/2020
Cinedigm Corp                CIDM      5.500    35.000  4/15/2035
Claire's Stores Inc          CLE       9.000    56.936  3/15/2019
Claire's Stores Inc          CLE       8.875    10.000  3/15/2019
Claire's Stores Inc          CLE       7.750    13.500   6/1/2020
Claire's Stores Inc          CLE       9.000    56.417  3/15/2019
Claire's Stores Inc          CLE       7.750    13.500   6/1/2020
Claire's Stores Inc          CLE       9.000    57.273  3/15/2019
Cobalt International
  Energy Inc                 CIE       2.625    25.000  12/1/2019
Covenant Surgical
  Partners Inc /
  Consolidated
  Pathology Inc              COVSUR    8.750   103.250   8/1/2019
Covenant Surgical
  Partners Inc /
  Consolidated
  Pathology Inc              COVSUR    8.750   103.281   8/1/2019
Cumulus Media Holdings Inc   CMLS      7.750    30.766   5/1/2019
Denbury Resources Inc        DNR       7.250    56.750  12/1/2017
EV Energy Partners LP /
  EV Energy Finance Corp     EVEP      8.000    36.359  4/15/2019
EXCO Resources Inc           XCO       7.500    29.500  9/15/2018
EXCO Resources Inc           XCO       8.500    20.024  4/15/2022
Emergent Capital Inc         EMGC      8.500    49.664  2/15/2019
Energy Conversion
  Devices Inc                ENER      3.000     7.875  6/15/2013
Energy Future Holdings Corp  TXU       6.550    13.250 11/15/2034
Energy Future Holdings Corp  TXU       6.500    12.500 11/15/2024
Energy Future Holdings Corp  TXU      11.250    70.125  11/1/2017
Energy Future Holdings Corp  TXU       5.550    12.500 11/15/2014
Energy Future Holdings Corp  TXU      10.875    70.125  11/1/2017
Energy Future Holdings Corp  TXU      10.875    69.875  11/1/2017
Energy Future Holdings Corp  TXU       9.750    29.250 10/15/2019
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc           TXU      11.250    35.250  12/1/2018
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc           TXU      11.250    36.000  12/1/2018
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc           TXU       9.750    35.750 10/15/2019
Fleetwood Enterprises Inc    FLTW     14.000     3.557 12/15/2011
Forestar USA Real Estate
  Group Inc                  FOR       8.500   108.134   6/1/2022
GenOn Energy Inc             GENONE    9.500    74.500 10/15/2018
GenOn Energy Inc             GENONE    9.500    73.125 10/15/2018
GenOn Energy Inc             GENONE    9.500    73.125 10/15/2018
Global Brokerage Inc         GLBR      2.250    44.550  6/15/2018
Gulfmark Offshore Inc        GLFM      6.375    20.250  3/15/2022
Homer City Generation LP     HOMCTY    8.137    38.750  10/1/2019
Illinois Power
  Generating Co              DYN       7.000    33.750  4/15/2018
Illinois Power
  Generating Co              DYN       6.300    35.375   4/1/2020
IronGate Energy
  Services LLC               IRONGT   11.000    35.000   7/1/2018
IronGate Energy
  Services LLC               IRONGT   11.000    35.000   7/1/2018
IronGate Energy
  Services LLC               IRONGT   11.000    35.000   7/1/2018
IronGate Energy
  Services LLC               IRONGT   11.000    35.000   7/1/2018
Jack Cooper Holdings Corp    JKCOOP    9.250    52.750   6/1/2020
Kellwood Co                  KWD       7.625    98.728 10/15/2017
Las Vegas Monorail Co        LASVMC    5.500     2.500  7/15/2019
Lehman Brothers
  Holdings Inc               LEH       1.383     3.326  6/15/2009
Lehman Brothers
  Holdings Inc               LEH       2.070     3.326  6/15/2009
Lehman Brothers
  Holdings Inc               LEH       4.000     3.326  4/30/2009
Lehman Brothers
  Holdings Inc               LEH       1.500     3.326  3/29/2013
Lehman Brothers
  Holdings Inc               LEH       5.000     3.326   2/7/2009
Lehman Brothers
  Holdings Inc               LEH       1.600     3.326  11/5/2011
Lehman Brothers
  Holdings Inc               LEH       2.000     3.326   3/3/2009
Lehman Brothers Inc          LEH       7.500     1.226   8/1/2026
MF Global Holdings Ltd       MF        3.375    27.375   8/1/2018
MModal Inc                   MODL     10.750     6.125  8/15/2020
Mashantucket Western
  Pequot Tribe               MASHTU    7.350    19.250   7/1/2026
Natural Resource
  Partners LP /
  NRP Finance Corp           NRP       9.125    99.952  10/1/2018
Nine West Holdings Inc       JNY       8.250    18.500  3/15/2019
Nine West Holdings Inc       JNY       6.875    15.750  3/15/2019
Nine West Holdings Inc       JNY       8.250    17.625  3/15/2019
Nortel Networks
  Capital Corp               NT        7.875     3.543  6/15/2026
OMX Timber Finance
  Investments II LLC         OMX       5.540     9.850  1/29/2020
Orexigen Therapeutics Inc    OREX      2.750    37.295  12/1/2020
Permian Holdings Inc         PRMIAN   10.500    29.125  1/15/2018
Permian Holdings Inc         PRMIAN   10.500    29.125  1/15/2018
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co                 PRSPCT   10.250    48.250  10/1/2018
Renco Metals Inc             RENCO    11.500    20.750   7/1/2003
Rex Energy Corp              REXX      8.875    39.736  12/1/2020
Rolta LLC                    RLTAIN   10.750    25.000  5/16/2018
SAExploration Holdings Inc   SAEX     10.000    60.125  7/15/2019
SandRidge Energy Inc         SD        7.500     2.081  2/15/2023
SiTV LLC / SiTV Finance Inc  NUVOTV   10.375    68.125   7/1/2019
SiTV LLC / SiTV Finance Inc  NUVOTV   10.375    68.125   7/1/2019
Southwestern Energy Co       SWN       7.350    99.626  10/2/2017
StanCorp Financial
  Group Inc                  SFG       3.826   100.125   6/1/2067
SunEdison Inc                SUNE      0.250     2.000  1/15/2020
SunEdison Inc                SUNE      2.375     2.250  4/15/2022
SunEdison Inc                SUNE      2.750     1.797   1/1/2021
SunEdison Inc                SUNE      5.000     9.375   7/2/2018
SunEdison Inc                SUNE      3.375     2.250   6/1/2025
SunEdison Inc                SUNE      2.625     2.250   6/1/2023
TMST Inc                     THMR      8.000    19.500  5/15/2013
Talos Production LLC /
  Talos Production
  Finance Inc                TALPRO    9.750    62.125  2/15/2018
Talos Production LLC /
  Talos Production
  Finance Inc                TALPRO    9.750    62.125  2/15/2018
TerraVia Holdings Inc        TVIA      5.000    36.375  10/1/2019
TerraVia Holdings Inc        TVIA      6.000    36.375   2/1/2018
Toys R Us - Delaware Inc     TOY       8.750    29.260   9/1/2021
Toys R Us Inc                TOY       7.375    31.923 10/15/2018
UCI International LLC        UCII      8.625     6.875  2/15/2019
Vanguard Operating LLC       VNR       8.375    20.750   6/1/2019
Walter Energy Inc            WLTG      8.500     0.834  4/15/2021
Walter Energy Inc            WLTG      9.875     0.834 12/15/2020
Walter Energy Inc            WLTG      9.875     0.834 12/15/2020
Walter Energy Inc            WLTG      9.875     0.834 12/15/2020
Walter Investment
  Management Corp            WAC       4.500    20.000  11/1/2019
iHeartCommunications Inc     IHRT     10.000    57.778  1/15/2018
iHeartCommunications Inc     IHRT      6.875    51.788  6/15/2018


                            *********

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
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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
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then-ending.

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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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