Kid Brands, Inc. (KIDBQ)

[makinezmoney]

$KIDBQ: I don't mind the run


Made me some easy dough here.



$KIDBQ

[MadRussian]

BUY ALERT

[Stockinator]

No reason why this should be running lol unless someone knows something?

[makinezmoney]

$KIDBQ: Making a run now... up 114%


Up she goes.


$KIDBQ

[wingtrade]

Thanks for the heads up, thats weird, too bad for KID shareholders i guess...

[Value_Investor]

Wow, KIDBQ crashed to 0.0001 today! Down 91%! What happened here? It seems all the common shares will be canceled very soon which is why!

[wingtrade]

Hearing on the acting United States Trustee's pending motion to convert, or alternatively dismiss the case has been adjourned to December 4 2017.
http://omnimgt.com/CMSVol2/pub_46840/645681_1062.pdf

[wingtrade]

or alternatively dismiss the cases

[Value_Investor]

09/22/2017: Kid Brands Conversion Sought

The U.S. Trustee assigned to the Kid Brands case filed with the U.S, Bankruptcy Court a motion to convert the Company's Chapter 11 reorganization to a liquidation under Chapter 7. The motion explains, "The Debtors have failed to comply with the United States Trustee Operating Guidelines and Reporting Requirements for Chapter 11 cases. A review of the docket in these cases indicates that, as of the filing of this Motion, the Debtors have only filed monthly operating reports through and including the month of April 2017. The Debtors' failure to timely file monthly operating reports hinders the Court's, the UST's, and creditors' ability to monitor the operations of the Debtors….The unexcused failure to satisfy timely any filing or reporting requirement is cause to convert pursuant to 11 U.S.C….A review of the docket in this case indicates that, as of the filing of this Motion, no disclosure statement or plan of reorganization has been filed. As these cases continue in chapter 11, attendant administrative costs naturally follow. Upon the events of these cases, the Debtors' assets have been sold, and operations have ceased. These cases have continued over a protracted period of time, and have failed to present an exit strategy from bankruptcy. Such circumstances present a substantial or continuing loss to or diminution of the estates and the absence of a reasonable likelihood of rehabilitation. Accordingly, cause to convert these cases to chapter 7, or alternatively dismiss the cases, is present….The UST further submits that conversion would be in the best interest of creditors. Conversion would result in the appointment of an independent trustee who would liquidate any remaining assets, investigate whether there are any outstanding recoveries to pursue, and disburse any remaining cash." The Court scheduled a November 6, 2017 hearing on the motion.

[wingtrade]

https://bankruptcompanynews.com/kid-brands-bankruptcy-9-22-17/

In addition, “A review of the docket in this case indicates that, as of the filing of this Motion, no disclosure statement or plan of reorganization has been filed. As these cases continue in chapter 11, attendant administrative costs naturally follow. Upon the events of these cases, the Debtors’ assets have been sold, and operations have ceased. These cases have continued over a protracted period of time, and have failed to present an exit strategy from bankruptcy. Such circumstances present a substantial or continuing loss to or diminution of the estates and the absence of a reasonable likelihood of rehabilitation. Accordingly, cause to convert these cases to chapter 7, or alternatively dismiss the cases, is present…. The UST further submits that conversion would be in the best interest of creditors. Conversion would result in the appointment of an independent trustee who would liquidate any remaining assets, investigate whether there are any outstanding recoveries to pursue, and disburse any remaining cash.”

The Court scheduled a November 6, 2017 hearing on the motion.

[wingtrade]

1) Im not selling
2) I dont care if this gets suspended
3) Why dont you provide some links to the CH 7 you are posting about so that your claim can be verified
4) Did I mention Im not selling and I dont care if it goes to zero?

[Value_Investor]

The CH7 Q peer stock (ICNVQ) was Suspended today by the FINRA/SEC! The same thing should happen here very soon due to too long after the bankruptcy! Selling KIDBQ now at any price (even at 0.0001) is much much better than all the shares being canceled by the USA government! Once we have liquidated our positions here we can always use all the proceeds to buy those Non-Bankrupt and FIXED-Small-SS OTC stocks (such as AFTC, KABX, and TRDX etc.) to recover our losses...

[wingtrade]

Sounds like you are selling then, well good luck to you in your future trading.

[Engineer65]

Source?

[Value_Investor]

Very Bad News today --- KIDBQ is just converted to the CH7 case from CH11! All the common shares will mostly likely be canceled very soon...

Before the shares cancellation we might see KIDBQ crash to 0.0001 just like the majority of its CH7 Q peers did!

[wingtrade]

I admire your dedication, but I wouldnt call that a really big bid... This needs a few 10 million share volume days, and send the price back up over .05... Then the real fun could start. Im not holding my breath though.

[Value_Investor]

Huge bids v.s. Tiny asks! 372K-0.0014 x 10K-0.0016 now. The next two asks are 10K-0.0017 and 10K-0.0028 from Paper Thin asks of Level2! KIDBQ is ready to soar and Slapping (buying the shares at the asks) action is the Key to trigger well-overdue Huge rally!

KIDBQ is trading at meager $35K Market Value now v.s. the Q peer (FNBCQ) at much much higher MV ($652K) currently!

The Q peer (SIRGQ) with just $6M Asset but it soared over 80-bagger from 0.0001 (actually 0.00001) to 0.008 with much much higher SS (942,114,179/824,149,108/970M shares OS/float/AS) recently! To match the Same MV with that peer, KIDBQ (Mere 19.33M/22,148,112/50M shares float/OS/AS) with much larger $9.3M Asset will hit the New 52-week high 0.3403 which is 212.7-bagger Huge Investment Return from the current joke low price 0.0016!

[Value_Investor]

KIDBQ is up 21.43% today! 0.0017 is over Ten-Month's high from the first chart below! Also the current price (0.0017) is above all the technical resistances (200-Day MAL 0.0012, 50-Day MAL 0.0014, and 20-Day MAL 0.0014)! The current bid (0.0014) is equal to both 50-Day MAL and 20-Day MAL but above 200-Day MAL.

I wish to see meager $150 ~ $200 worthy Slapping actions to take out all the dirt cheap 0.002x shares to trigger the well overdue Huge rally! The recent high was 0.0035 from the second chart below.

Mere 19M/22M/50M shares FIXED Hyper Tiny float/OS/AS! Its Enterprise Value is $47.6M or $2.15323 a share! KIDBQ still owns $9.3M Huge Assets! And its Cash Value is $0.0585 a share v.s. trading at the ridiculous low price $0.0017 or $0.037M joke low Market Value currently v.s. the Q peer FNBCQ is trading at $898K MV at $0.0467! So KIDBQ is Hyper Undervalued now!

The SS alone entitle this hidden gem to soar 100-Bagger Plus...

[Value_Investor]

282K-14 x 54K-20. Hard to steal any dirt cheap 0.0014s since near 300K shares big bid! Slap the dirt cheap asks at 0.002 ~ 0.0025 or raise the bid to 0.0019 ~ 0.0016 might easily get 50K or more basement shares before KIDBQ explodes 1011% to 0.01 or Higher...

One Q peer (FNBCQ) is trading at $1.25M MV now v.s. KIDBQ is trading at mere $0.03M Market Value currently!

What it needs here is just a couple of hundreds dollars worthy Slapping actions to trigger the Rally!

Another Q peer (SIRGQ) with just $6M Asset but it soared over 80-bagger from 0.0001 (actually from 0.00001) to 0.008 with much much higher SS (942,114,179/824,149,108/970M shares OS/float/AS) recently! To match the Same Market Value with the peer, KIDBQ with much larger $9.3M Asset and 19.33M/22,148,112/50M shares float/OS/AS will hit the New 52-week high 0.3403 which is 243.1-bagger Huge Investment Return from the current joke low price 0.0014!

[Termite7]

I'm intrigued!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Value_Investor]

To all the KIDBQ investors: Mere $108 worthy shares ask at 0.0020 now v.s. over 282K shares bid at 0.0014! Blue sky above the current joke low ask from the asks of Level2! It is very easy for this hidden gem to hit the Penny Land again --- which can be done within just a few minutes based on Hyper Thin asks of Level2 and the FIXED Hyper Tiny SS!

The Q peer (SIRGQ) with just $6M Asset but it soared over 80-bagger from 0.0001 (actually from 0.00001) to 0.008 with much much higher SS (942,114,179/824,149,108/970M shares OS/float/AS) recently! To match the Same Market Value with the peer, KIDBQ (with much larger $9.3M Asset and 19.33M/22,148,112/50M shares float/OS/AS) will hit the New 52-week high 0.3403 which is 243.1-bagger Huge Investment Return from the current joke low price 0.0014!

[Value_Investor]

The sales at the dirt cheap 0.0015s are finally dried out today! The current MV is mere $33K which is the Lowest Market Value among all the Q peers! Based on the MV alone KIDBQ can easily hit $0.01 (which is 6.67-Bagger Huge Gain from here) or $0.22M MV...

Mere $129 worthy shares are asking at the dirt cheap 0.0020 now which can be gone within a single slapping action! 10K-0.0028 is the next ask then nothing above 0.0028 from Paper Thin asks of Level2...

[Value_Investor]

KIDBQ investors, merely $120 worthy shares ask at 0.0020 now! Blue sky above the joke low price 0.0020 from the asks of Level2! Easy to hit the Penny Land again (which can be done within just a few minutes based on Hyper Thin asks of Level2 and Hyper Tiny SS)...

The Q peer (SIRGQ) with just $6M Asset but it soared over 80-bagger from 0.0001 (actually from 0.00001) to 0.008 with much much higher SS (942,114,179/824,149,108/970M shares OS/float/AS) recently! To match the Same Market Value with the peer, KIDBQ (with much larger $9.3M Asset and 19.33M/22,148,112/50M shares float/OS/AS) will hit the New 52-week high 0.3403 which is 226.9-bagger Huge Investment Return from the current joke low price 0.0015!

[Value_Investor]

Yes. KIDBQ could be another K-Mart-like CH11-Q hidden gem which means 100-Bagger Quick and Giant rally potential... The current MV is just $33K which is ridiculous low comparing to 99.9% of Q peers! Even at $0.0100 the Entire Market Value is just $221K!

We just need some slapping actions to take out 0.002s ($120 worthy shares) and the next ask is 10K-0.0028 from the Hyper Thin asks of Level2...

[wingtrade]

with this SS and the history of the company here, if they can emerge from BK with commons intact and new business plan, this stock could be a gem... time will tell.

[Value_Investor]

0.0015 x 0.0020 now. The current 52-week high 0.0024 will be broken out very soon... KIDBQ is ready to soar back to Penny Land!

[wingtrade]

KIDBQ .0015 X .0022

[Value_Investor]

Why someone is afraid to buy just 40,000 shares of KIDBQ at $0.0015 which only cost mere $60? Anyway it is up 1.35% today! The next ask is just 10,000 shares at 0.0028 from Hyper Thin asks of Level2!

[Value_Investor]

Should we see the OTC peer EFLN-type strong slapping actions here this hidden gem will quickly surge over 0.01 within just a few minutes based on both the FIXED Hyper Tiny SS (19M shares float), ridiculous low MV, and Hyper Thin asks of Level2...

At $0.0100 the Entire MV of KIDBQ is just $0.22M v.s. its peer has $10.6M Huge MV at $0.0043!

[wingtrade]

Share Structure
Market Value1 $32,779 a/o Apr 05, 2017
Outstanding Shares 22,148,112 a/o May 14, 2014

22 Million shares outstanding... So amazing to see that even for a Q like this, market cap is absolutely the lowest I think Ive ever seen for a stock that used to have market in the 10s of millions.
Sometimes I just need to look at that to remind myself why I still have some shares here ;)

[Value_Investor]

To the most recent 0.0014 ~ 0.0010 buyers: KIDBQ needs some Slapping action at the dirt cheap asks 0.0015 ~ 0.0028 in order to explode...

Now only 10K shares asking at 0.0015 and the next ask is 0.0028! It will stay here for long time without any buying-at-the-ask actions.

[Value_Investor]

KIDBQ is ready to soar! It just needs some slapping actions at the dirt cheap asking shares. The Same-SS peer had already hit 0.0055...

[Value_Investor]

283K-0.0014 x 40K-0.0015 now. The current bid is up 7.7% and it is above all the technical resistances (200-Day, 50-Day, and 20-Day MAL)! The next ask is 30K-0.0028 from Hyper Thin asks of Level2! KIDBQ (with mere 22.14M/19.33M/50M shares Hyper Tiny float/OS/AS) is ready to eat out all the dirt cheap 0.0015s (merely $60 worthy shares)!

One CH11-Q peer (GAXCQ) with almost identical SS (22.74M/19.82M/50M shares float/OS/AS) ever hit 0.0055 with much much lower Cash Value, Assets Value, and Enterprise Value! Easy 10-Bagger from here for KIDBQ to hit the Penny Land because at $0.01 the MV is only $221K which is still ridiculous low!

[wingtrade]

Still holding here, hoping for a miracle...

[Value_Investor]

Yes, Sir! There is no way to block up the inevitable mega bounce for a stock with mere 22M shares Hyper Tiny OS and 19M shares Hyper Tiny float plus 50M shares Tiny AS while it has $47.69M Giant Enterprise Value, $9.3M Huge Assets Value, and $1.3M Large Cash Value!

0.0055 ~ 0.01 can be hit within only a day based on the FIXED Hyper Tiny SS and Hyper Low Market Value (mere $28K MV at $0.0013)!

The Q peer (SIRGQ) with just $6M Asset but soared over 80-bagger from 0.0001 (actually from 0.00001) to 0.008 with much much higher SS (942,114,179/824,149,108/970M shares OS/float/AS) most recently! To match the Same MV with the peer, KIDBQ will hit the New 52-week high 0.3403 which is 261.77-bagger Huge Investment Return from the current joke low price 0.0013!

[Acme Investments]

Slow grind. One of the longest cases I've ever seen.

[Value_Investor]

Over 400K shares and Two MMs bid at 0.0013 today v.s. only 40K shares ask at 0.0015 and the next ask is mere 10K shares at 0.0028!

KIDBQ is ready to explode 10-Bagger+ to 0.0090 or higher...

[Value_Investor]

283K-0.0013 x 40K-0.0015 now. The next ask is 10K-0.0028 from Paper Thin asks of Level2! KIDBQ (mere 22.14M/19.33M/50M shares Hyper Tiny float/OS/AS) is up 6.56% so far! The CH11-Q peer with almost identical SS (22.74M/19.82M/50M shares float/OS/AS) ever hit 0.0055 with much much lower Cash Value, Assets Value, and Enterprise Value! Easy 10-Bagger from here to hit the Penny Land...

[Value_Investor]

340K-0.0012 x 57K-0.0013 now. The bid is up 20% from 0.0010! The next two asks are 10K-0.0015 and 10K-0.0028 from Hyper Thin asks of Level2!

KIDBQ is ready to explode to the Penny Land again with only about 1M shares of slapping volume... At $0.01 the Market Value of KIDBQ is just $220K (based on 22M shares of FIXED Hyper Tiny OS count) which is still ridiculous low as a famous-brand big company with $10M worthy huge assets!

[Value_Investor]

KIDBQ declined back to the New bid support 0.0013 again! We might see a big year-end sell-off before 12/31/2016...

[Value_Investor]

KIDBQ: Up 11.54% from the New bottom support 0.0013! Hoe to see some Slapping actions at the Tiny asks 0.0016 ~ 0.0028 so that this hidden gem can finally explode...

[Value_Investor]

20K-0.0014 x 16K-0.0016 now. Without any slappig action KIDBQ just declined back to 0.0013 ~ 0.0012 from the most recent high 0.0019 ~ 0.0018 again!

[wingtrade]

$60 will do nothing LOL give me a break man.

[Value_Investor]

No. KIDBQ just needs $60 worthy Slapping action to take out the current joke low asking price! The next ask is mere 10K shares at 0.0028! One Q peer stock (mshfq) exploded 4.46-Bagger today from 0.0011 to 0.0049 with strong Slapping actions... KIDBQ can do the same with strong Slapping actions!

[wingtrade]

This is dead money...

[Value_Investor]

0.0014 x 0.0015 now. Only $60 worthy shares at the ask now! The bid has risen 16.7% from as low as 0.0012! The next ask is 10K-0.0028, then 5K-0.2000 from Crazy Thin asks of Level2! Less than $61 worthy Slapping actions will drive this hidden gem to 0.0028...

Even a CH7 Q stock could easily bounce 3.5-Bagger from 0.0002 to 0.0007 with much much higher SS (100M-/346M/500M shares float/OS/AS) and much much higher assets ($77.812M ~ $109.616M) & cash ($4.05M)! Why the CH11 Q stock KIDBQ only bounced 2.11-Bagger to 0.0019 so far from the All-Time-Low or Bottom or 52-week-low 0.0009?

[Value_Investor]

0.0013 x 0.0015 now. The bid is up 8.33% so far! Mere $60 worthy shares at the current joke low asking price now! KIDBQ should easily hit 0.0055 like its the same-SS CH11-Q peer did...

[Value_Investor]

KIDBQ (19.3M/22.1M/50M shares float/OS/AS) should hit 0.0055 at least based on the same-SS-CH11-Q peer's performance (the peer has 19.5M/22.7M/45M shares float/OS/AS)! Anyway 125K-0.0012 x 66K-0.0016 now. Down 6.67% today!

[andre b]

How high could it go? Anybody....?

[Value_Investor]

$68 worhty slapping action will take out all the dirt cheap 0.0017s!