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Green is always good!!!!
Still green today !
What a BK beast lol
52 trades thus far, nice little boxy square daily chart, stock is dead. Everybody knows the stock is getting cancelled per the re-org plan, only interest is those who read through the con artistry on social media, and there ain't much.
It's a game of chicken, now.
Aren't we supposed to be RED!!
And yet pps continues to rise lol
No you're good pink...everybody has discussions with themselves...you're good.
You mean you're not suppose to answer yourself back?...oh oh...I might have a problem.
I always do..
As long as you don't answer yourself I guess it's okay..
You've been talking to yourself for months so what's the big deal nobody listens...
Are you talking to yourself? Holy F
now that’s F’ing Hilarious
Ok red..I figured I would save you a post!!!
Bidders choose what they want to purchase Within the “New Equity Interest.”
Qualified Bid Requirements:
Purchased Sale Package and Assumed Liabilities. Each Bid must clearly state the following: (a) whether the bidder seeks to purchase some or all of the New Equity Interests or some or all of the Assets; and (b) if applicable, the liabilities and obligations to be assumed, including any debt and cure costs to be assumed.
Agreed. We will know a few days after August 18th
i heard. that is why I believe the stock is going to hit .50-1.00 soon.
There’s six letters of intent to buy the company. That’s all I need to know
LoL its RED!! LoL just like buying 002’s LoL
#winning
LoL
LoL
LoL
It's almost like you wasted a post being down 2%
It’s red ya bloke! LoL
Who says he or she is an adult . Probably some kid looking for attention lol.
Green...
EOM
But I enjoy all the Doom and Gloom posts
The cfo said they have financial flexibility to find a buyer. With 90% recurring revenue. Real ebitda and real growth. Companies are coming to buy this. What that price is, we don’t know. If the sale fails or sale price is lower than total debt, then common shares lose all. That is what’s written. Everything comes down to a sale or recap for retail. That’s the bet. And shares aren’t canceled in that situation.
No therapy required to tell the truth.
you don't know how much the bids are that are coming in. that is always the beautiful side of the risk for stocks like these. of the bids are big enough to rescue the commons that bk plan will go out of the window. many bk plans are revised throughout the process when the likelihood for remaining equity becomes more likely or clear.
I know READING COMPREHENSION is hard.
you missing marbles. that is what the REORG plan says. they are open to selling the company and or assets in which case this plan would be revised. I realize that you have a learning deficit and are stuck on stupid. but don't assume that others are that dumb.
Yea...like Dell...they have a lot wrapped up in the Cyxtere technology and will take a hit in replacing it with something else from what I have read....now I am not saying Dell has an interest in being part of this bid process I am just saying I see your point.
“New Common Stock” to be issued and page 19 states:
Page 19 - Common Stock to be cancelled without compensation:
8. Class 8 - Existing Equity Interests ?(a) Classification: Class 8 consists of all Existing Equity Interests. ?(b) Treatment: On the Effective Date, all Existing Equity Interests shall be cancelled, ?released, extinguished, and discharged and will be of no further force or effect. Holders ?of Interests shall receive no recovery or distribution on account of their Existing ?Equity Interests. ?(c) Voting: Class 8 is Impaired under the Plan. Holders of Allowed Interests in Class 8 are ?conclusively deemed to have rejected the Plan under section 1126(g) of the Bankruptcy ?Code. Therefore, such Holders are not entitled to vote to accept or reject the Plan.
https://www.kccllc.net/cyxtera/document/2314853230807000000000001
LoL
LoL
LoL
you have no clue what the bids are going to be for the company. there are probably a number of companies that would rather buy out the company for its technology than lose out on the opportunity and let the company reorg to survive.
the reorg plan is a part of the process. there has to be a reasonable plan in place in the even they don't get bidders for the company to buy theor assets. those here betting on the sale of assets or the company that will be above the value of the.debts are taking a reasonable risk.
Don't even pretend that the common stock of this company is any sort of "high risk investment." It's being cancelled and will disappear from people's accounts, those who wind up stuck with it lose 100%.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172539339
but, I will make the board cleaner on my screen by adding you to my ignore list.
don't worry about what i CHOOSE to do or not do. why don't you go figure out the meaning pr purpose of your life? that is something you need to concern yourself about rather than about whether this company's stock will be canelled. you seem to have a psychological problem in which case, you should seek therapy.
You don't know who holds and who doesn't.
The company set to do $240M in ebitda this year. 90% recurring revenue. And 9% growth from q2, year over year. In an industry that trades at 25x ebitda. If a company in the industry buys the whole company and wipes away debt, they could buy it at 8x ebitda and triple the value of that investment…overnight. 8x = $1.9B sale price. Still a risk to buy a bk stock. And it could go to zero. But it’s a gamble I am taking.
You should also hold thru the restructuring and reap these 800% gains in your imagination.
dude this process has months to go. in fact, it might not wrap up until early next year. you lust not have anything else in your life that is worth focusing on. that is so pathetic.
You're welcome.
you repeating yourself 15x per day amd posting it over and over won't make it so if you are wrong. you act like people buying this stock don't know it's a bk stock in chapt 11. the disposition of the commons has not yet been determined no matter how many time you post they are being cancelled.
Thanks for the advise I guess
Please hold thru the restructuring.
Again...you make no sense...I was not talking about new shares being released...so maybe you need a new hobby
Common shares will be canceled.
This statement is inaccurate EOM
spending every day and night bashing a bk stock is peculiar. hard to believe a productive adult has that much time on their hands.
there many people behind the scenes that are loading this stock. when the news comes down and the stock jumps 800% in a day on it, everybody will know what's up.
he cannot provide it
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