Exhibit 99.1
UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF CALIFORNIA
In re: | Case No. 06-20046-A-11 |
Large Scale Biology Corp. | Jointly Administered |
Consolidated Debtor | Chapter 11 |
Tax ID # 77-0154648 | |
Debtor(s) | |
QUARTERLY POSTCONFIRMATION REPORT
FOR THE QUARTER ENDING DECEMBER 31, 2007
The Revested Debtor hereby submits the following post confirmation report for this calendar quarter:
1. | | Date of Entry of Order Confirming Plan: | | October 10, 2006 | |
2. | | Cash balance at the beginning of quarter: | | $ | 594,982 | |
| | Total Receipts during this quarter: | | $ | 1,259,400 | |
| | Total disbursements during this quarter: | | $ | 1,109,889 | |
| | Cash balance at the end of this quarter: | | $ | 744,493 | |
| | | | | | |
3. | | Payments made pursuant to the Plan: | | $ | 21,691 | |
| | Total paid this quarter: | | $ | 21,691 | |
| | | | | | |
| | Total payments to be made pursuant to the Plan: | | $ | 205,055 | |
| | Cumulative paid to date: | | $ | 205,055 | |
| | Balance remaining to be made under the Plan: | | $ | 0 | |
| | As of the end of this reporting period , | | Yes / No |
4. | | Are all payments required by the confirmed plan current at this time? [If “NO” attach explanatory statement identifying payments not made. Include creditor, amount, and date due; reason for non-payment and an estimated date when payments will be brought current]. | | YES |
5. | | Do you currently anticipate a circumstance/event which will cause an interruption or cessation of payments or other performance under the plan? [If “YES”, attach an explanatory statement.] | | NO |
6. | | Have quarterly fees due to the United States Trustee as of the date of this report been paid pursuant to the plan and 28 U.S.C. §193 0(a)(6)? | | YES |
7. | | Have all motions, contested matters, and adversary proceedings been fully resolved? [If “NO” for each motion, contested matter, or adversary proceeding attach a statement identifying the parties and nature of the dispute and state the anticipated resolution.] | | YES |
8. | | Has the order confirming the plan become non-appealable? | | YES |
9. | | Have deposits, if any, required by the plan been distributed pursuant to (were on the plan? [If “NO” attach an explanatory statement] | | N/A (were none) |
10. | | Has any property proposed by the plan to be transferred been transferred pursuant to the plan? | | N/A (were none) |
11. | | Does any property remain to be transferred pursuant to the plan? [If “YES” attach a statement identifying each property to be transferred and the anticipated date of transfer pursuant to the plan.] | | N/A (were none) |
12. | | Has the Revested Debtor(s) or the successor of the Debtor(s) assumed the business or the management of the property dealt with by the plan? | | YES |
13. | | Anticipated date of motion for final decree: | | Approx, March 31, 2008 |
I declare under penalty of perjury that the statements set forth, above are and accurate.
Dated: | | January 16, 2008 | | /s/ Randy Sugarman |
| | Signature of Responsible Individual |
| | |
| | Randy Sugarman |
| | Print Name |
| | |
Current Address | | 3333 Vaca Valley Pkwy, Suite 1000 |
| | Vacaville, CA 95688 |
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