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BKRSQ SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-72725.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-72725-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-72726.pdf
VFIN join on the bid.something is really happening here.imo.9m o/s,50k market cap.even a shell should be trading 10 cents to 1 dollar on that kind of SS.
BKRSQ there were more filings back in Aug 2013 https://www.sos.mo.gov/BusinessEntity/soskb/Filings.asp?44936#
The next one will...this is toast
Jan 7, 2013 10q didn't mention that.
Nope...no difference at all in terms of the value of the stock. BKRS cancelled the commons. BKRSQ is worthless paper.
and that was Chapter 11 NOT 7.big Difference as well
lol.BKRSQ new website saying Bakers.merger maybe.only 37k MV.accumulation recently,somebody knew...
Doesn't matter. BKRSQ is no longer connected to Bakers. That stock became worthless when they filed BK in 2012. This happens with almost every bankruptcy stock. If you owned GM stock prior to their BK you now have worthless paper.
Doesn't matter. BKRSQ is no longer connected to Bakers. That stock became worthless when they filed BK in 2012. This happens with almost every bankruptcy stock. If you owned GM stock prior to their BK you now have worthless paper.
that's not new.from 2012.new website hit,new store just opened...
If you own BKRSQ you own an empty shell:
2012-10-03 14:14 ET - News Release
ST. LOUIS -- (Business Wire)
Bakers Footwear Group, Inc. (the “Company”) (OTCQB: BKRS) announced today that it is restructuring its business operations through a formal Chapter 11 reorganization process. The Company sought the protection of the Chapter 11 Bankruptcy Court in the Eastern District of Missouri (the “Court”).
As previously disclosed, prior losses and recent lower than planned sales have placed increased pressure on the Company’s liquidity position and resulted in the Company’s default under its senior credit facility. Subject to the bankruptcy process, the Company intends to continue to pursue its previously announced restructuring plans as described in its Current Report on Form 8-K filed on August 27, 2012, including the sale of up to 52 leases to Aldo U.S., Inc. (“Aldo”), closure of other stores, liquidation of inventory of closed stores and other actions.
Given the situation, the Company is working collaboratively with its stakeholders and moving as quickly and as expeditiously as possible to ensure that value is maximized for all of the constituents and the Company can reorganize and emerge from bankruptcy.
All 215 Bakers stores in 34states are open and serving customers. All other customer programs and policies, including those pertaining to coupons and refunds, remain in effect.
The Company intends to work to restructure its business and its lending arrangements through the bankruptcy process. However, the Company can give no assurance as to the amount of recovery, if any, by its pre-filing creditors. The Company does not anticipate any recovery by its common stockholders. The Company has retained restructuring legal counsel, Bryan Cave LLP, and financial and restructuring advisors, Alliance Management, to assist in the process.
If the company survives and decides to go public, they will issue new shares (ie GM). BKRSQ shares are worthless.
we could see .05 soon imo
intersting events happening........0060
NJ JUST OPENED! as well
BAKERS GARDEN STATE PLAZA
2128 GARDEN STATE PLAZA
PARAMUS, NJ 07652
201.368.0292
JUST OPENED!
http://www.bakersshoes.com/store_locator.aspx
maybe will some some great items for sale: http://www.bakersshoes.com/c3-1271-Clearance.aspx
lol good news.new website.could go crazy imo
new website!!! up here,http://www.bakersshoes.com/ there was a sign in format registration before...now a new website hit.wow
Even at 10 cents MV will be a joke
hmmm.....watching
.008 something up
NO good once inventory is gone and they dont bring in enough to pay last few employees its all over. shut down. Sucks i was really hoping for a amazing come back story.
yep it is....good sign.....
website working online,9m o/s,22k cap http://www.bakersshoes.com/
nice accumulation recently,so thin
Thanks Jc, I got nothing to run away with.. I am just like your group..
I have been in pinkies for many years and I can tell you one thing for sure... on that last day of the ticker, this is gonna surge huge sucking in new suckers, allowing me out and eventually Resting In Peace
nothing good happening here. Take my advice and run for the hills. this is just going down IMO. My group lost a lot of money on this one. Good luck to all.
think you answered your own q there......another answer to make money......up 300%........
Whats the point of buying this stock? Theres no business and all their assets are liquidating meaning this is a empty shell
Sooo thin. Could see pennies at some point today with any buying.
6'S going then .015,.02,37k cap now,a joke MV.
Interesting.....maybe...
anyone notice on the website that their is a new store that said coming soon summer of 2013 for New Jersey? I wonder if maybe the company will transition to just online? Either way a clean shell with only 9 million shares outstanding is super valuable and is ideal for a reverse merger.
someone please catch me up. didnt bakers get approval to liquidate inventory because they couldnt find a buyer? so doesnt that mean our shares will become worthless and the stock and symbol bkrs will become an empty shell?
yep could get interesting.......
somebody buying,but got only partials,means no shares..there is a reason for that,imo
could go boom anytime........
Sure glad I grabbed my ticket this morning. Shares are looking scarce. Ask is paper thin with some nice sized bids out there.
Thanks.. I like such.. I will definitely get 'em
can't wait nice bids,.0035*.004
got ur pm.....need to upgrade lol..........
ACGX started the same way earlier in the week, should see a push eod and huge gapping gains on Monday. Seen it a hundred times, not many left at this level!
the only way to get shares is to hit the ask,something happening here imo
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http://www.bakersshoes.com
this company is in bankruptcy
WHICH MEANS INSIDERS CANNOT SELL!!!!
follow the case here: www.donlinrecano.com/bakersfootwear
MAKES THIS FLOAT EXTREMELY TIGHT!!!!
VERY POSSIBLY 5 MILLION OR LESS!!!!
INSIDERS CANT SELL ANYTHING!!!!
MAJOR OPPORTUNITY FOR INVESTORS RIGHT NOW
THE AUTHORIZED SHARES IS A MEASLY 40 MILLION
Store Locator http://www.bakersshoes.com/store_locator.aspx
Market Value1 | $102,255 | a/o Oct 16, 2012 |
Shares Outstanding | 9,295,916 | a/o Jun 09, 2012 OMG!!!!! |
Float | Not Available... | |
Authorized Shares | Not Available | |
Par Value | 0.0001 |
Shareholders of Record | 37 | a/o Apr 27, 2012 |
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