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GMANQ: BK PLAN effective. All shares cancelled:
http://otce.finra.org/DLDeletions
Gordmans Stores Inc. changed to G-Estate Liquidation Stores Inc.:
http://otce.finra.org/DLSymbolNameChanges
http://otce.finra.org/DailyList
Summary
Date/Time Event Type Eff/Ex Date/Time Symbol Issue Name Market
10/23/2017 09:59:25 Name/CUSIP Change 10/24/2017 00:00:00 GMANQ Gordmans Stores, Inc. Common Stock Other OTC
Gordmans Stores Plan Summarized
BankruptcyData's detailed analysis and summary of Gordmans Stores' Joint Plan of Liquidation, dated August 11, 2017, is now available. The U.S. Bankruptcy Court confirmed the Plan on October 18, 2017; however, an effective date has not yet been issued. BankruptcyData notes, "The Plan contemplates a liquidation of each of the Debtors and their Estates and is therefore referred to as a 'plan of liquidation.' The primary objective of the Plan is to maximize the value of recoveries to all Holders of Allowed Claims and Allowed Interests and to distribute all property of the Estates that is or becomes available for distribution generally in accordance with the priorities established by the Bankruptcy Code. The Debtors believe that the Plan accomplishes this objective and is in the best interest of the Estates and therefore seek to confirm the Plan." BankruptcyData's Plan Summary continues, "General Unsecured Claims will receive its pro rata share of cash from the Plan Administrator Assets available to satisfy the General Unsecured Claims, if the Allowed Class 4 Claim is held by a Holder that votes to accept the Plan, for a rate of recovery of 4.9% - 10.6%." BankruptcyData premium subscribers receive access to the full summary, which provides further details on corporate background, events leading to Gordmans Stores' March 13, 2017 Chapter 11 filing, recovery specifications and a comprehensive break-down of all claimant classes.
.005! How low does she go? .0001 is rock bottom here! $GMANQ
Looks like absolute cow manure! $GMANQ
Howdy $GMANQ! Whats shaking? Stores still closing? haha
Slowly going down... uggggg $GMANQ
Looks like it's going to no bid.... $GMANQ
Well could go to 0. But I don't believe we will. It's got to many assets with regards to stores products and networking in the sector to not be valued higher.
Yeah definitely still here not going anywhere either.
yes i have gotten a few. it makes sense to pickup a few. roughly 30-50 brick mortar stores left with a company that has made 650m at its peak of growth. last i saw gman had about 110m in debts and sold 50 stores plus indiana dist center so we ideally would be close to emerging in my mind. will be interesting to see how it pans out.
Name change! G-Estate Liquidation Stores, Inc.
You get some shares?
I spy with my little eye GMANQ...
Look at the selling... ask slappage is nearly nonexistent! $GMANQ
Rogue Dead Guy- so u dont want to buy at a penny. Wellll your no fun.
No, I am going to stay out of $GMANQ... i don't like the volatility and low volume. Still watching, but no longer have shares. GLTY!
Rogue Dead Guy- r u gonna buy at a penny? lol
Down to .0108 hummm . The low volume is killing this stock.. $GMANQ this rate it will be sub penny by the EOW... sad
Comeback? Or new low today? Still sitting for .01! $GMANQ
Looking like pure garbage here… .0188 .. really? I'm glad I trusted my gut! $GMANQ
Looks like we may be in the .01s eow... smh... moved my bid to .0101 ...that's where I will be tomorrow!
Hella bid whacks on .02 :( sitting .011
Stacking that ask up on low volume... need to find buyers here! $GMANQ
Next stop .01? Or are we heading back to .03? $GMANQ^^
Looks like .02 is bottom... maybe? $GMANQ
Volume needs to pick up here.... $GMANQ
Reload at .025? Thinking about sitting there and watching. $GMANQ
Sold yesterday...
Why, when did you sell?
Uggg... glad I trusted my gut! $GMANQ
Knew someone would stack the ask . Now 132,191 on .038 .... need some buyers here.. Guess we will see who freaks out and sells..$GMANQ
3 MM's on .038 Hmmmmm wonder if any of them are hiding more than 10k each..$GMANQ
Sold 10k @ .0349 .... funny how that ask got thick.. going to load lower... looks like there are still a ton of sellers.. $GMANQ
EOD = end of day
$GMANQ
Just ticks a guy off... looked great eod!
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207
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Created
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03/19/12
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Free
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