Verso Corporation (VRS)

[spindog]

News out today

[whytestocks]

News: $VRS Verso Highlights a Highly Qualified, Diverse, Newly Refreshed Board - Well-Positioned to Execute on Continued Strategic Transformation

MIAMISBURG, Ohio , Dec. 30, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso" or the "Company") today announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission ("SEC") in connection the Company's upcoming 2019 Annual Meeting of ...

Got this from VRS - Verso Highlights a Highly Qualified, Diverse, Newly Refreshed Board - Well-Positioned to Execute on Continued Strategic Transformation

[whytestocks]

News: $VRS Verso Issues Statement in Response to Atlas and Blue Wolf

MIAMISBURG, Ohio , Dec. 24, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso" or the "Company") today issued the following statement in response to Lapetus Capital II LLC ("Lapetus", and together with its affiliates, "Atlas") and BW Coated LLC ("BW Coated" and together with its ...

Read the whole news VRS - Verso Issues Statement in Response to Atlas and Blue Wolf

[whytestocks]

News: $VRS Verso Paper (VRS) Q3 2019 Earnings Call Transcript

Image source: The Motley Fool. Verso Paper   (NYSE: VRS) Q3 2019 Earnings Call Nov 12, 2019 , 9:00 a.m. ET Operator Continue reading

Got this from VRS - Verso Paper (VRS) Q3 2019 Earnings Call Transcript

[whytestocks]

News: $VRS Verso Corporation Announces Sale of Androscoggin and Stevens Point Mills for $400 million

MIAMISBURG, Ohio , Nov. 12, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS or the "Company") today announced that it has entered into a definitive agreement to sell its Androscoggin mill, located in Jay, Maine , and its Stevens Point mill, located in Stevens Point, Wisconsin...

Got this from VRS - Verso Corporation Announces Sale of Androscoggin and Stevens Point Mills for $400 million

[whytestocks]

News: $VRS Verso Corporation Reports Third Quarter 2019 Financial Results

MIAMISBURG, Ohio , Nov. 12, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today reported financial results for the third quarter of 2019. Net sales of $616 million , down $88 million compared to third quarter 2018 Net income of $30 million , compared to net income of $...

Read the whole news VRS - Verso Corporation Reports Third Quarter 2019 Financial Results

[stocktrademan]

VRS bullish 5.77









normal chart




log chart

[Stanner]

VRS~looks like the debt for equity has started to kick in pretty good.

VRS website should have BK' document that says how much debt

VRS will probably reverse split after that is all done

VRS -see 'shortie' and the monkeys in a cage at ARI-- are starting to change their stories,lol. "as usual". no links ever provided since June,

[FreezeThese]

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VRS~I sold before cancel day.All new ticker,All new play_!$$$!_favorable operating terms + the biggest thing Canada imports are now taxed_!_ Game Changer for Verso_!$$$!_Big Board play for me now_!$$$!_

[artmaniac]

Didn't your shares get wiped out?

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VRS~down quarter-has a buy,hitting $25 rating-should rebound easy_!$$$!_from where though

[Stanner]

VRS~ can be considered in a sector type play now,imo.

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VRS~very good sign that the SP is holding up well

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VRS~call your on-line broker and ask them is best.

[Johnnie2504]

So what is going to happen to my vrszq shares???

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VRS~GREAT FIRST WEEK_!$$$!_

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VRS~Verso got passed the Canada glut with govt. taxes on imports. It should go all right here after debt paid off.Clearwater Paper is around $65_&_is having a amazing run-up from $30.May have tailed a bit,but VRS may have its time now with major acquisition accomplished.

[Stanner]

VRS~some debt was exchanged for equity_so_a dip is expected at some point

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G/M_VRS_!$$$!_no. Verso is a long established Paper Company.

[Stanner]

not bad volume at all

[Stanner]

VRS~The first days are always interesting. $9.00 was the first bid I believe,now its above $11.00. No predictions yet,but the Company has favorable trading restrictions placed upon Canadian imports

[artmaniac]

As provided in Verso's plan of reorganization, all shares of Verso's common stock issued prior to the commencement of Verso's bankruptcy proceeding were cancelled upon emergence, and Verso has issued new shares of common stock to the holders of its previously outstanding funded debt in return for their allowed claims against the company. There is no majority stockholder, and no single entity owned more than 10 percent of Verso's outstanding shares at the time of emergence.

In connection with its emergence, Verso also received approval from the New York Stock Exchange for Verso's Class A common stock to be listed for trading on the NYSE. The Class A common stock will begin trading on the NYSE on July 18, 2016. The trading symbol for the Class A common stock is "VRS," which is the same trading symbol used for Verso's common stock when it previously was listed on the NYSE.

In accordance with Verso's Chapter 11 plan of reorganization, the term of Verso's previous board of directors expired upon emergence and a new board of directors provided for in the plan of reorganization is effective immediately. As previously announced, Paterson will serve as Chairman of the Board and will remain as President and Chief Executive Officer until his replacement is named. The other directors of Verso are Robert M. Amen, Alan J. Carr, Eugene I. Davis, Jerome L. Goldman and Jay Shuster. Verso's senior management team is unchanged and continues to lead the company.

About Verso

[twosecure]

REMOVAL OF COMMON STOCK FROM REGISTRATION

Verso Corporation (“Verso”) previously registered for resale, under a Registration Statement on Form S-3, as amended (Registration No. 333-204843) (the “Registration Statement”), 14,701,832 shares (the “Shares”) of its common stock, par value $0.01 per share (the “Common Stock”), to be offered by the selling stockholders named in the Registration Statement. By filing this Post-Effective Amendment No. 1 to the Registration Statement, Verso hereby removes from registration all of the Common Stock that remains unsold under the Registration Statement as of the date hereof. The Registration Statement is hereby amended, as appropriate, to reflect the removal from registration of such Common Stock.

On January 26, 2016, Verso and substantially all of its direct and indirect subsidiaries (collectively, the “Debtors”), filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). On June 23, 2016, the Bankruptcy Court entered an order, Docket No. 1223, confirming the Debtors’ First Modified Third Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated June 20, 2016 (the “Plan”). As of July 15, 2016, the effective date for the Plan, the shares of Common Stock outstanding immediately prior to the effectiveness of the Plan, including the Shares, have been cancelled and extinguished pursuant to the terms of the Plan.

Form POS AM
Verso Corp - VRS
Filed: July 18, 2016 (period: )
Post-effective amendment to an S-Type filing
http://investor.versoco.com/sec-filings

[twosecure]

http://investor.versoco.com/sec-filings

http://investor.versoco.com/2016-07-15-Verso-Successfully-Emerges-from-Bankruptcy

http://investor.versoco.com/press-releases

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VRS~open_$12.227_previous close .15 cents_ARHHHHHHHHHHHHHHHHHHHHHHHHHHHH_!_

[Stanner]

VRS~ made it through BK,people getting paid off in shares,E*Trade says shares are good until they hear otherwise,no new filings by ARIO over at OTCMarkets,so I speculate still. Like I posted earlier,Football is a game of inches_and_ until it crosses the Q removal goal line,I remain 99% sure my shares are good. Its' that 1% now, like football being a game of inches.

[artmaniac]

no ideal if your shares are good yet?

[Stanner]

VRS~As best I remember,same ticker as before on NYSE, 8k said.

[Stanner]

VRS~7 days after CONFIRMED_?_ Somebody messaged_then_it goes to FINRA_VRS_is trading now but no FINRA as yet. crazy

[caseyryan1986]

Did the company change there name as well?

[Stanner]

VRS~Can't remember exactly_300,000,000 million something_VERSO_website should have it.I'll check later after trading day is done.

[caseyryan1986]

Share structure? Should see nothing but positive news from here

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VRS~welcome aboard caseyryan_VRS_is trading post BK now_Some_ debt is covered by these shares. They are new issuance shares.

[Stanner]

VRS~I was so close to getting filled on the opening 'mess-up'_at least thats' what I tell myself

[artmaniac]

looks like it is going thr the roof! Stanner whats up?

[caseyryan1986]

What's going on over here

[Stanner]

G/M_VRS_!$$$!_

[Stanner]

VRS~Dow -Jones Newswire shows $9-$13 //TDAmeritrade shows .15-.19//but its' halted//so close-somebody got a .17 but its halted now.

[artmaniac]

outstanding$

[Stanner]

trading has been halted-bummer

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VRS~WE ARE TRADING_!$$$!_NEW YORK STOCK EXCHANGE_!$$$!_

[janice shell]

Read with attention:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123909838

[janice shell]

And why is this now the board for "VRS", which is a TSX.V company called Verisante?? Obviously the "new ticker", should there eventually be one, will not be VRS.

[Stanner]

VRS~ VRSZQ is the deleted ticker The new ticker should read VRS

[janice shell]

VRSZ is a deleted ticker. This board should also be deleted.

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VRSZ~there are eyes on this one too_!$$$!_

[artmaniac]

outstanding!

[Stanner]

VRSZ~well new shares should start trading soon