Netflix Inc (NFLX)

[martydube]

ATTN NFLX Shareholders/Traders - Blockbuster Video(BLIAQ) has now exited BANKRUPTCY as of June 29,2017

There was a reason why Blockbuster had to DIE to let NFLX lead the pack but the time has come for a RELAUNCH of the iconic brand.

Icahn holds the voting control of what happens to the shares.

Now let me paint a picture for everyone. Icahn loves NOLs. Blockbuster has something like $250M+ in NOLs. The thing is that NOLs are attached to the shares. If the shares are delisted so do the NOLs. Icahn is well known for leveraging companies that have huge NOLs.

Don't believe the narrative that Blockbuster was Icahns largest failure because that's only half the story. What most people dont know is that he holds the majority of the debt.

Guess what he is going to do.................DEBT for EQUITY SWAP.

Buckle up and grab some popcorn. Its time to MAKE IT A BLOCKBUSTER NIGHT again

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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