Cosi Inc fka COSIQ

[Welcome2Pinkyland]

$20k order just got filled. Big money transactions $COSIQ

[Welcome2Pinkyland]

$24k big bid $COSIQ

[georgie18]

COSIQ... 0038 with 651,000 bidder at 038...

[Wallstreetwarriors]

Cheap shares here ......................................

[Wallstreetwarriors]

$$$ HUGE RUN COMING .10++

[QUANTUM314]

"The $10 million bid includes cash and debt-forgiveness." Only 9% of float was traded today. Just wait for some real news.

COSIQ

[skyesfan1]

whats my point,
i guess I was right!!! thats my point!!!

[Wallstreetwarriors]

setting up for a run here :)

[QUANTUM314]

Today was an overreaction imo

[Diggie-HH]

Maybe the commons are rescued.i am all in

[Diggie-HH]

Maybe the commons are rescued.i am all in

[m0n]

Next court date Dec 8th COSIQ EOM

[QUANTUM314]

10m bid includes cash and debt forgiveness

[QUANTUM314]

I'm not selling. COSIQ valued at .1

[QUANTUM314]

Ouch not a good day

[Wallstreetwarriors]

Shorting $cosi is not a good idea

[Wallstreetwarriors]

will go to .075

[skyesfan1]

Looking terrible, no gap up, gap down

[AKAPAK]

Do you want a cookie for a reward?

I warned everyone this will go back to .03
and it went to .023 today!!!

[skyesfan1]

I warned everyone this will go back to .03
and it went to .023 today!!!

[hondaboost]

So, shares to be cancelled and wiped out?

[BadmudderTrucker]

NO. An investor group / Lender loaned them the money to pull out of bankruptcy. Essentially the lender reviewed the financials and see's potential in the future of the company. Remember that Cosi filed a NT 10-Q on 11/11 to stall the quarterly reports from being released. I speculate something big is moving behind the scenes.

[Longshorts]

I'm a retired investment banker and I have bought many companies but I wouldn't have bought this company. It's seems the 31 "potential bidders" didn't think it was a good idea either

[hondaboost]

So, it's just sold for only $6.8 million ? ! Too low and too cheap. Nothing left for the Commons! Too Bad!!!

[Gigi70]

Thx for sharing information

[Longshorts]

http://www.bostonherald.com/business/business_markets/2016/11/investment_group_buys_cosi_eatery_chain_out_of_bankruptcy

[Longshorts]

Send me your email I have the Bankruptcy docs

[ANIA77]

Great, I have a couple of bids in.
COSIQ

[Gigi70]

LOL, do wanna fool people? Any link?
If you have no link then stop talking nonsens....

[Longshorts]

NO BIDS!! Stalking horse won the auction....I am out in the A.M.

[ANIA77]

There would be 8k filing stating so. I don't see any. Auction is on tomorrow.
COSIQ

[LordRich]

They cancelled the auction..bid has been accepted

[ANIA77]

the Debtors will conduct the auction on November 30, 2016, in accordance with the Bidding Procedures until the Debtors have selected the successful bid.

COSIQ

[LordRich]

Supposedly none. I'm hoping sh bid got upped but we will find out in morning I hope

[nathanial]

Any more details? So there was numerous bids?

[LordRich]

Auction for tomorrow got cancelled. A bid was accepted

[ANIA77]

Any announcements about bids etc should be via official PR or 8k..
Auction is on Thursday? We definitely should hear shortly after that about highest winning bid
COSIQ

[Gigi70]

Really nice , something big is coming, jmo

[ANIA77]

Nice COSIQ. .

[BadmudderTrucker]

Where would that be released at? Any clues?

[QUANTUM314]

Yesterday it seemed impossible to get additional shares unless you slapped the ask. Looks like we're ready to launch!

[Lone Wolf]

Some nice hits starting to come in! Up 30% now!!

$COSIQ

[Lone Wolf]

Looking strong this morning!!

$COSIQ

[QUANTUM314]

Locked and loaded, damn that chart is sexy.

COSIQ

[ANIA77]

Yes, they could announced how many qualified bids got in... or they may wait until auction at the end of the week..
We shall see.
COSIQ

[QUANTUM314]

Looks like we may get some news tomorrow bids are due tonight

[QUANTUM314]

"Qualified bids must be received on or before November 28, 2016, at 5:00 p.m. Eastern Time, and must provide that the Sale will be consummated on or prior to December 14, 2016. If the Debtors receive no qualified bids for the assets (other than the bid of the Stalking Horse Bidder), the Debtors will not conduct the auction and will designate the bid of the Stalking Horse Bidder as the successful bid. If the Debtors receive one or more qualified bids, other than the bid of the Stalking Horse Bidder, the Debtors will conduct the auction on November 30, 2016, in accordance with the Bidding Procedures until the Debtors have selected the successful bid.”

In 2010 sold 13 restaurants in the Washington, D.C., market to Capitol C Restaurants for $8.4 million (Capital C owns Qdoba Mexican grill).
As of October of this year COSIQ has 71 units in operation with its top 10 units doing 1.9m in revenue per year. Market cap is 3.18m


Here's a nice article on what is going on with COSI http://www.restfinance.com/Restaurant-Finance-Across-America/October-2016/What-Happened-at-Cosi/

COSIQ shareholders may see a nice paycheck here!

[ANIA77]

Yes, looking great. I'm hoping we are going to get some shocking news next week and huge gap up..
Happy Thanksgiving
COSIQ

[rstrysk1]

Great close . Looking for .1 on Friday happy thanksgiving !!

[Lone Wolf]

Last 10 minutes!! I'm guessing the person who just snagged the 171,000 shares is paying attention to the time!! LoL

$COSIQ