Kid Brands, Inc. (KIDBQ)

[wingtrade]

BK dismissed a few years ago. Clean shell I think

[WHITTENHALLJR]

Thanks….. looks it… we’ll see!!

[makinezmoney]

$KIDBQ: Not sure but the volume is promising..........


Surprise volume outta nowhere



GO $KIDBQ

[WHITTENHALLJR]

Coming out of bk?

[makinezmoney]

$KIDBQ : $0.0064 rolling here.............. just hit $0.0122


BOOOOOOOooooooooooommmmmmmmmmmmmmmmmmmmm



Lets go babyyyyyyyyyyyyy



GO $KIDBQ

[wingtrade]

No idea my friend. Congrats on the gains though!

[copperdigger]

Ya what happened? I only had 15k for over 2 years on a limit to sell at 0.16 thinking that was high and it sold at .2033. Unexpected gains are the best.

[wingtrade]

Wtf happened here today omg

[Awl416]

So who filled 100k at .50

50k now worth sub 4k

Nice

[wingtrade]

This needs a few million shares buying, and it will be at .05+

[huka]

More nibbling

[wingtrade]

This could be back in the dollars very fast if anything positive develops. The bankruptcy was dismissed a while ago. As far as I know it is just an empty shell now with a low SS.

[huka]

Interesting. Imagine what a little buying does here

[wingtrade]

50k .0078 slap! Nice!

[wingtrade]

I've never seen this get painted up to .01 like that before

[huka]

Thx

[wingtrade]

Outstanding Shares 22,148,112

[huka]

Doesn't get thinner

[wingtrade]

KIDBQ .01

[huka]

KIDBQ little volume sends this to the Moon

[wingtrade]

It could be pretty amazing if this guy were to wind up controlling this shell, and perform a RM into it now that the BK has been dismissed. I have no idea if that's possible with a Q stock it seems like it should be possible since the BK is over.

[wingtrade]

Hopefully Glenn Langberg has a plan for little KIDBQ
Career History
Chief Restructuring Officer Kid Brands Inc, 6/2014-PRESENT
CEO/Founder Grl Capital Advisors LLC, 1989-PRESENT
https://www.bloomberg.com/profiles/people/18790621-glenn-langberg

Langberg helps flagging businesses with operations, restructuring … and sometimes even winds up owning one
http://www.roi-nj.com/2018/07/19/lifestyle/boosting-spirits-consultant-langberg-helps-flagging-businesses-with-operations-and-restructuring-and-sometimes-even-winds-up-owning-one/

[wingtrade]

Outstanding Shares
22,148,112
This can move on air if buying starts.

[Rainer]

volume

[wingtrade]

Zzzzzzzzzzzz $KIDBQ

[Natural Trader]

there is nothing left to be done in these cases, as all viable Avoidance Actions have been prosecuted to conclusion and all of the Debtors’ other assets have already been liquidated.”

[wingtrade]

Usually from what I have see, this is good news. These type of plays can sometimes be some of the most exciting in OTC.

[wingtrade]

With such a low SS if this gets noticed it could go a lot higher. Hopefully therebis some news and confirmations coming. GLTU

[Parrot$93]

This moved up on ch 11 news being dismissed which is bad, right? Crazy

[Rainer]

Wow! Surprised this isn't running harder... this is how CBR* started

[wingtrade]

KIDBQ bankruptcy case dismissed:
https://www.pacermonitor.com/public/case/3826941/Kid_Brands,_Inc

[Rainer]

Nice action here

[funnyG986]

If you successfully complete your case and obtain a discharge, you are no longer on the hook for any debts discharged in your bankruptcy. However, if your case gets dismissed, you lose the protection of the automatic stay and your creditors are free to come after you to collect their debts.

[yankees18]

Yup

[JPL1868]

Case dismissed?

[wingtrade]

KIDBQ .001 this is ridiculous

[wingtrade]

I found article (see previous post) re. apparently the company filed an objection. Hopefully there will be some more news. Glta

[wingtrade]

Kid Brands Bankruptcy Objection Filed



BY BRANDY CHETSAS ON DECEMBER 7, 2017

https://bankruptcompanynews.com/kid-brands-bankruptcy-12-7-17/

[wingtrade]

In addition, “As the UST is also aware, all assets of these estates have already been administered and there are no other assets to be administered or liquidated. Conversion of the Chapter 11 Cases to chapter 7 would add an unnecessary layer of administrative costs. Other than the disbursement of the remaining cash held by the Debtors and held in the GUC Trust Account…that are proposed to be paid to the DIP Agent and certain Estate Professionals….There is nothing left to be done in these cases, as all viable Avoidance Actions have been prosecuted to conclusion and all of the Debtors’ other assets have already been liquidated. Accordingly, the Debtors oppose conversion of these cases to Chapter 7 and cross-move for authority to disburse the remaining funds held by the Committee and the Debtors in accordance with the Final DIP Order and to dismiss the Chapter 11 Cases

https://bankruptcompanynews.com/kid-brands-bankruptcy-12-7-17/

[wingtrade]

Earlier this year, and prior to the filing of the Conversion Motion, the Debtors and the Committee approached the UST’s Office to discuss the Debtors’ proposal for disbursement of the remaining cash on hand and dismissal of these cases and to solicit the UST’s support for same. Although the Debtors and the Committee engaged in numerous discussions with the UST’s Office, the Debtors were ultimately advised that the UST’s Office would oppose a motion to dismiss these cases. Although the UST asserts in the Conversion Motion that the Debtors ‘have failed to present an exit strategy from bankruptcy’ and thus conversion of these cases would be in the best interest of creditors, the Debtors disagree. As the UST is well aware, there are insufficient funds available to prosecute and confirm a plan of liquidation in the Chapter 11 Cases.”

https://bankruptcompanynews.com/kid-brands-bankruptcy-12-7-17/

[wingtrade]

Any news? Good volume but closed even. Looks like this just needs some good news.

[Value_Investor]

You're welcome! KIDBQ is on fire today --- 120-Bagger Giant Quick Rally from 0.0001 to 0.0120!

[CHIEF-RISES-ABOVE]

.01 break/hold is when this will get real fun. These are gift prices imho!!

[Maso11]

19 milly float!!

[CHIEF-RISES-ABOVE]

KIDBQ DAILY CHART>>>https://www.barchart.com/stocks/quotes/KIDBQ/interactive-chart

[CHIEF-RISES-ABOVE]

KIDBQ just upgraded to a 100% BUY SHORT, MEDIUM, LONG TERM>>>>>https://www.barchart.com/stocks/quotes/KIDBQ/opinion

[Maso11]

Debt being bought out by outside investor, trying to post link. On my mobile will run back to house

[Maso11]

Looks like a runner! Could go .05 easily with little buying pressure. Absolutely tiny float!

[CHIEF-RISES-ABOVE]

Bought some here, love these q plays can run 1000% in a blink of an eye.

[Stockinator]

hells yea, nice trade. Just wondering if there is a reason for it to be running though :D