Eastman Kodak Co. (fka EKDKQ)

[MicroKing]

Kodak can issue the remaining shares for debt or not. As long as current shares exist NOL's stay intact.

Kodak can also merge another company and still keep the NOL's. A small, cash rich company in Kodak's industry could also provide the liquidity needed to emerge from BK.

Kodak has multiple options, sale of patents, and divisions. Kodak could easlily emerge out of BK cash rich and no debt.

THERE WILL BE "NO NEW" SHARES or reverse split. This is about liquidity and debt reduction/elimination. Kodak has a global operation with many subs. Not to mention just a few months from profits. Tax free for years to come via NOL's.

It's all good in my opinion.