Internet Gold-Golden Lines Ltd. (IGLDF)

[TAB78]

up 32.02%

[whytestocks]

News: $IGLD Internet Gold Announces the Results of the Creditors Meeting relating to the Searchlight Transaction

Ramat Gan, Israel, July 30, 2019 (GLOBE NEWSWIRE) -- Further to the previous announcements by Internet Gold - Golden Lines Ltd. (the “ Company ” or “ Internet Gold ”) (NASDAQ Global Select Market and TASE: IGLD) with respect of the signing of the Searchlight Tran...

Got this from Internet Gold Announces the Results of the Creditors Meeting relating to the Searchlight Transaction

[TAB78]

Company is gonna get this baby to go above $1.00 by 9/3/19 and stay there to keep from losing status.

The Company has a 180 days’ period, until September 3, 2019, to regain compliance with the $1.00 minimum bid price requirement. If at any time during this 180 days’ period, the closing bid price of the Company’s ordinary shares is at least $1.00 for a minimum of ten consecutive business days, the Company will regain compliance and the matter will be closed.

https://www.otcmarkets.com/filing/html?id=13276019&guid=6X7IUpZDTYxu3th

[TAB78]

NOT ME Could make a run over a $1.00

[#NeverPennyLand]

My sell is in at .98

[#NeverPennyLand]

It subsided

[TAB78]

you mean buying pps going north

[#NeverPennyLand]

Huge dumping occurring

[TAB78]

Yep i had a feeling

[TAB78]

Internet Gold Announces the Results of the Creditors Meeting relating to the Searchlight Transaction

Ramat Gan, Israel, July 30, 2019 (GLOBE NEWSWIRE) -- Further to the previous announcements by Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) with respect of the signing of the Searchlight Transaction and the Company's petition submitted to the Tel Aviv-Jaffa District Court, pursuant to Section 350(a) of the Israeli Companies Law, to issue an order to convene a meeting of the Company’s creditors (the "Creditors’ Meeting"), the Company announces today that the Creditors Meeting held on July 30, 2019 unanimously approved the Searchlight Transaction with the required majority under Section 350.

Prior to the Creditors’ Meeting, the trustee of the Company’s debentures held preliminary meetings of each of the Company’s series of debenture. The trustee announced that all of the holders of Series D Debentures of the Company who participated in the Series D Debenture holders meeting (representing 54.65% of the outstanding par value of the Series D Debentures) voted in favor of the approval of the Transaction. The trustee further announced that all of the holders of Series C Debenture of the Company who participated in the Series C Debenture holders meeting voted in favor of the approval of the Transaction although because there was no quorum for the Series C Meeting the meeting was cancelled.

In addition, on July 29, 2019, B Communications Ltd. (“BComm”) (NASDAQ Global Select Market and TASE: BCOM), announced that the meetings of the debenture holders of BComm approved the Searchlight Transaction.

Following the Company’s shareholders’ meeting scheduled on August 08, 2019, the Company will approach the Israeli court to pursue an approval of the Searchlight Transaction.

There is no certainty that the Searchlight Transaction will be consummated.

Note
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. We will not make any public offering of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended.

About Internet Gold
Internet Gold is a telecommunications-oriented holding company whose principal asset is a 51.95% stake in B Communications Ltd., the owner of 26.34% of outstanding shares of Bezeq The Israel Telecommunication Corporation Limited, the leading communications group in Israel. For more information, please visit the following
Internet sites:
www.igld.com
www.bcommunications.co.il
www.ir.bezeq.co.il

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in the Company’s filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forwardlooking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement. There is no certainty that the Searchlight Transaction will be consummated.

For further information, please contact:
Yuval Snir– IR Manager
[e-mail] / Tel: [phone]

Source: Internet Gold-Golden Lines Ltd.
© 2019 GlobeNewswire, Inc.

https://www.otcmarkets.com/stock/IGLD/news/story?e&id=1405279

[TAB78]

https://www.otcmarkets.com/filing/html?id=13558281&guid=pe2IUe5HEt4Agth

[TAB78]

I am thinking there so,

[#NeverPennyLand]

Something brewing again?

[TAB78]

https://www.otcmarkets.com/filing/html?id=13555468&guid=8YsIUenLMkDD8th

[TAB78]

https://www.otcmarkets.com/filing/html?id=13551276&guid=FYGIUFYs560sH3h

[TAB78]

Share structure according FINVIZ https://finviz.com/quote.ashx?t=IGLD

[TAB78]

Share structure
AS 33,865,801
Issue Shares or OS is 28,003,186
Eurocom Holdings LTD owns 54.66% (15,308,966) of OS shares

per email from IGLD

[TAB78]

https://www.findanews.com/2019/07/22/why-internet-gold-golden-lines-ltd-igld-stock-rose-3-53-in-trade-today/

[TAB78]

Per email response from IGLD quarterly should be posted by end of August

[TAB78]

I posted what I can find and have emailed the company asking for current share structure, OS and AS

[#NeverPennyLand]

I hear ya but there are no analysts covering IGLD from what I can see.

[TAB78]

https://findanews.com/2019/07/22/why-internet-gold-golden-lines-ltd-igld-stock-rose-3-53-in-trade-today/

[TAB78]

Not my prediction, just posting what the analyst are saying go tell them.their full of chit not me

[#NeverPennyLand]

LMFAO. YOU HAVE A BETTER CHANCE OF CATCHING POLIO THEN THIS SEEING $44.09

[TAB78]

Once again I see the 1 yr target price is $44.09 despite current short action. https://findanews.com/2019/07/19/internet-gold-golden-lines-ltd-igld-got-crushed-11-39-today-heres-why/

[TAB78]

Opinions vary, reports and analysis made on facts is what matters to me

[#NeverPennyLand]

Stick a fork in it

[TAB78]

Target Price informs the investors, a stock survey at which a trader is willing to buy or sell a stock. Target pricing at which a trader projects that a buyer will buy a product. Analyst’s mean target price for the company is $44.09.

https://newssmooth.com/2019/07/17/is-it-time-to-hold-stock-internet-gold-golden-lines-ltd-nasdaq-igld/

[TAB78]

On July 18, 2019 the Court has approved the filing of the claim as a derivative claim

Internet Gold Announces Update Regarding Motion to Certify a Claim as a Derivative Claim with respect of B Communications Ltd. and the Company
Email Print Friendly Share
July 19, 2019 06:01 ET | Source: Internet Gold-Golden Lines Ltd.
Ramat Gan, Israel, July 19, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD).

As detailed in the Company’s public announcement dated July 29, 2016 and in the updated description included in Item 8 (Legal Proceedings) in the Company’s 2018 Periodic Report (20F report), on July 2016, a motion to certify a claim as a derivative claim was filed with the Tel Aviv-Jaffa District Court (the “Court”) in which B Communications Ltd. ("BCOM"), the Company and members of BCOM’s Board of Directors were named as respondents, alleging that BCOM has unlawfully distributed dividend on June 2016.

On July 18, 2019 the Court has approved the filing of the claim as a derivative claim with respect to the Company and dismissed the claim against the members of BCOM's Board of Directors.

The Company is examining the decision.

About Internet Gold

Internet Gold is a telecommunications-oriented holding company whose principal asset is a 51.95% stake in B Communications Ltd., the owner of 26.34% of outstanding shares of Bezeq The Israel Telecommunication Corporation Limited, the leading communications group in Israel. For more information, please visit the following Internet sites:

www.igld.com
www.bcommunications.co.il
www.ir.bezeq.co.il

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in the Company’s filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

For further information, please contact:

Yuval Snir– IR Manager

[e-mail] / Tel: [phone]

https://www.globenewswire.com/news-release/2019/07/19/1885189/0/en/Internet-Gold-Announces-Update-Regarding-Motion-to-Certify-a-Claim-as-a-Derivative-Claim-with-respect-of-B-Communications-Ltd-and-the-Company.html

[Kid-Gloves]

Closed near oversold

[Kid-Gloves]

There was a lot of buy volume above .40 so chances are good a pump or volume surge will lift it mid .40s maybe higher.

[#NeverPennyLand]

I think the party is over with this one

[#NeverPennyLand]

need to hold .35 or it’s going back to .30.

[TAB78]

https://www.otcmarkets.com/filing/html?id=13540687&guid=GwnxUe3RG_Q1vth

[TAB78]

i am in agreement, if premarket is any indicator its gonna go

[Kid-Gloves]

Looks like could break .50 today

[#NeverPennyLand]

There could be some dilution but I think they need this over a buck real quick.

I’m in at .31 target 1.15

[Warchest]

lets breakout baby !!!

[Harbor6460]

I wonder if there is dilution. I’ve never seen such volume in this stock and price barely moving. Usually 80k shares would move it .30-1.00. I’m not sure on this one what the hell is really happening. Is the boat getting loaded at the botttom on that 15million day or just bag holders getting all these shares on the exit from Kong’s that couldn’t get out. Lmk what people think

[Warchest]

.40 break !! yes we can

[TAB78]

Thanks for posting, doing some reading and research here, I still have lots of questions DD to do

[whytestocks]

News: $IGLD Internet Gold Announced Receipt of Approval with respect of the Searchlight Transaction from the Israel Competition Authority

Ramat Gan, Israel, July 16, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “ Company ” or “ Internet Gold ”) (NASDAQ Global Select Market and TASE: IGLD) today announced that further to the Company's previous announcement dated June 24, 2019 w...

Find out more Internet Gold Announced Receipt of Approval with respect of the Searchlight Transaction from the Israel Competition Authority

[#NeverPennyLand]

BOOM TIME ANY DAY NOW

[whytestocks]

News: $IGLD Internet Gold Announced that the Company Submitted to the Tel Aviv-Jaffa District Court a Petition to Approve an Arrangement Proposal Regarding Searchlight Transaction Pursuant to Section 350 of the Israeli Companies Law

Ramat Gan, Israel, July 09, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “ Company ” or “ Internet Gold ”) (NASDAQ Global Select Market and TASE: IGLD) today announced that further to the Company's previous announcement dated June 24, 2019 with...

Find out more Internet Gold Announced that the Company Submitted to the Tel Aviv-Jaffa District Court a Petition to Approve an Arrangement Proposal Regarding Searchlight Transaction Pursuant to Section 350 of the Israeli Companies Law

[Vintage1776]

What's going with this,the long chart looks like classic Israeli garbage.

[whytestocks]

News: $IGLD Internet Gold Announced Signing of the Definitive Agreement for the Searchlight Transaction

Ramat Gan, Israel, June 24, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “ Company ” or “ Internet Gold ”) (NASDAQ Global Select Market and TASE: IGLD) today announced signing of the definitive agreement for the ‘Searchlight Tran...

Got this from https://marketwirenews.com/news-releases/internet-gold-announced-signing-of-the-definitive-agreement-for-the-searchlight-transaction-8406984.html

[whytestocks]

News: $IGLD Internet Gold Highlights Relating to Searchlight Transaction

Ramat Gan, Israel, June 24, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “ Company ” or “ Internet Gold ”) (NASDAQ Global Select Market and TASE: IGLD). Due to extraordinary trade in the Company’s shares on TASE (Israel) yester...

Find out more https://marketwirenews.com/news-releases/internet-gold-highlights-relating-to-searchlight-transaction-8403158.html

[whytestocks]

News: $IGLD Internet Gold Announced Updated Schedule for the Searchlight Transaction Documents

Ramat Gan, Israel, June 24, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “ Company ” or “ Internet Gold ”) (NASDAQ Global Select Market and TASE: IGLD). On June 20, 2019, the Company announced that the Company's board of directors approved...

Got this from https://marketwirenews.com/news-releases/internet-gold-announced-updated-schedule-for-the-searchlight-transaction-documents-8402764.html

[Pooky bear]

Not true!

[Cheap Stock Investor]

I guess you missed this part.

The Company anticipates that pursuant to such arrangement, the existing shares of the Company will be nullified.