Monday, July 03, 2017 1:02:13 PM
We are now in Icahns and Ergens hands. We are going to PROFIT hard because the NOLs are attached to the shares and Icahn loves NOLS. He isnt going to throw away hundreds of millions of dollars away (up to a billion $)
DEBT for EQUITY swap will happen or already has happened behind the scenes. Im even thinking that the B shares will get converted into As (1 B for 2 As)
Icahn has voting control so we just wait. First time in 6 years we are out of the courts.
Whoppeeeeee. Grab some popcorn and enjoy the show
IN RE: BB Liquidating Inc. CASE NO.: 10-14997-cgm
fka
Blockbuster Inc.
Social Security/Taxpayer ID/Employer ID/Other Nos.: 52-1655102
CHAPTER: 7
ORDER OF FINAL DECREE
The estate of the above named debtor has been fully administered.
IT IS ORDERED THAT:
Robert L. Geltzer is discharged as trustee of the estate and the chapter 7 case of the above named debtor(s) is closed.
Dated: June 29, 2017
Cecelia G. Morris , Bankruptcy Judge
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