Liquid Holdings Group Inc (LIQDQ)

[Refined Sugar Kills]

Well, it's hard to say because only accredited investors and their computer algorithms can supposedly trade this.

[DBWV]

OTC trading? Tax loss selling?

[Refined Sugar Kills]

Are market makers even human anymore, or is sloshing shares around and rubbing salt in the wounds of devastated shareholders done exclusively by AI algorithms now?

[Refined Sugar Kills]

A dead ticker trading 23,700 shares, I've seen it all now.

[HJ72]

Yeah it is , I can’t find that anywhere trading.

[Refined Sugar Kills]

Strange how there's another company called Liquid with an identical ticker, minus the Q https://www.advfn.com/stock-market/NEO/LIQD/stock-price

[HJ72]

Went from pink no information to expert market and still trading, in other words we can still see the ticker symbol… when I say delisted I mean no more ticker symbol , the gray market. It’s a matter of time who knows what they’re waiting for . What a waste.

[Refined Sugar Kills]

It was already delisted, we're awaiting share cancellation now; which may never happen.

This ticker is out of sight and out of mind and could exist indefinitely.

[HJ72]

Mm’s this will get delisted soon

[Refined Sugar Kills]

Who knows.

6000 shares were apparently traded around 12:46:17 PM EDT, so it appears to still have a heartbeat....or a case of rigor mortis.

[Refined Sugar Kills]

Is this really still trading, or is that 100 share volume I'm seeing some sort of artifact?

[HJ72]

When Q dropping off?

[Yukii]

Awesome news again is little guys get the shaft. Hopefully someone takes over the shell one day

[DBWV]

Final decree 3/15/2023 Trustee made big bucks, stakeholders get nothing. Peter Kent walks away

[Refined Sugar Kills]

I hear ya. This'll likely give us treasures of wisdom rather than treasures of money.
A valuable lesson in what NOT to do.

[Yukii]

No my friend I have all my shares haven’t sold anything. I’m going up or down with the ship. It’s been my motto since I started in stocks and that’s why I’m still poor ??

[Refined Sugar Kills]

Did you trade 4000 shares recently?

[Refined Sugar Kills]

Maybe it was Yukii.

[DBWV]

4000 volume today was unexpected !

[DBWV]

Agreed…….prayers alone…….at least we get closure after 7 years. Court received $47,000 and leave on the table 40 million in unclaimed assets. 40million tax write that is.

[Refined Sugar Kills]

There's almost no element of chance here, the odds are slimmer than slim to none.

This is very much in God's hands, and if something good does end up happening here; it'll be due to our prayers alone.

[HJ72]

This is delinquent with SEC once Q drops off if there’s no filing then eventually the ticker symbol will be revoked. I don’t have much hope.

[DBWV]

True!

[Refined Sugar Kills]

Maybe Ferdinand will do something with this shell. That is, if he's still a shareholder.

A good chance to pay his karmic debt to LIQD and its shareholders.

[DBWV]

The 40 million abandoned assets were just the NOL Net operating losses for 2 years. The trustee mentioned that it’s hard to sell that. Hard to find a buyer. So……I don’t know. Guess 66 million shareholders get phucked. 7 years, estate paid over 4 million to their salaries and secured and unsecured. We get nothing! Seems like a good shell company to me.

[DBWV]

The latest filing by Guiliano trustee states that they paid out over 4 million last 7 years of chapter 7 bankruptcy expenses. It states abandonment of over 40 million.

Total distribution to claimants $2,232,568.82
Assets abandoned $40,256,437.25”.

Also previous filing mentioned returning $47,403.53 to clerk of court. Unclaimed funds.

Interesting……

[Yukii]

Thanks brother 325 pages I wonder what it says and what next.

[Yukii]

This came out today Feb 8/23. There is 325 pages but can’t log in to read them. Anybody can decipher what this mean’s

Chapter 7 Trustee's Final Account, Certification that the Estate has been Fully Administered and Application of Trustee to be Discharged filed on behalf of Trustee, Alfred T. Giuliano. The United States Trustee has reviewed the Final Account, Certification that the Estate has been Fully Administered and Application of Trustee to be Discharged. The United States Trustee does not object to the relief requested. Filed by U.S. Trustee. Tickle due by: 3/10/2023. (Attachments: # (1) Report for Bankruptcy Judges in Cases to be Closed)(U.S. Trustee)

[DBWV]

https://www.inforuptcy.com/browse-filings/delaware-bankruptcy-court/1:16-bk-10202/bankruptcy-case-liquid-holdings-group-inc

[Yukii]

Hey brother no I didn’t see anything but thanks for the heads up. Ya it’s beyond my pay grade but I will look and hope someone that understands can chime in. Do you have link where I can look at the filing? Thanks brother

[DBWV]

Did ya see the new filing today? Looks like trustee discharge and no objection to relief from them. I don’t understand what all of it means for the 66 million outstanding shareholders like us. Maybe someone on this board can explain better.

[Yukii]

Awesome thanks brother ya I wish we get some update what the hell is going on. So much mystery with this ticker

[DBWV]

No, I’m just saying that he alone made himself captain of this chapter 7 ship that sank and he went down with the ship. He said he was doing everything he could to protect the interest of stakeholders at the time by protecting intellectual rights and so forth. Whatever that means. What did that mean? Why did trustee file taxes previous 2-3 years? How did they settle ? How did estate pay for all the millions it paid out to previous employees and contractors? How did accountants and attorney get paid hundreds of thousands $$? So many questions unanswered and it’s been 7 years. Why no final decree?

[Yukii]

Hey dbwv are you saying Peter Kent has done this or is going to do this this year? Thanks brother

[DBWV]

Happy New Year! LIQDQ !! 2023! Peter Kent and court to offer final decree and closure on this shell company for stakeholders like us!

[Yukii]

I’m guessing nothing came out of that court date? We wait I guess and hope we get some positive in the new year. Good luck to all liquid holders

[DBWV]

LIQDQ Delaware Court date tomorrow December 14th at 9 am. Hope the judge issues final decree.

[HJ72]

Me too

[Yukii]

Thanks well that Sucks ass for me then. I have been holding since 2018-2019.

[HJ72]

I read in a court document dated in 2019 that the settlement is for investors that were holding the stock during a certain period dated back in 2015 otherwise you’re not eligible.

[Yukii]

I wish I could read all of it. I wonder how much money and where that money will go?


Motion to Pay Unclaimed Funds to Court AMENDED FOR AMOUNT ONLY [DOCKET NO.: 344] Filed by Alfred T. Giuliano. Hearing scheduled for 12/14/2022 at 09:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 12/6/2022. (Attachments: # (1) Notice # (2) Proposed Form of Order # (3) Certificate of Service)(Giuliano, Alfred)

[DBWV]

Updated filing on 11/7/22. Says there are unclaimed funds to return to court. I cant see the entire report.

[DBWV]

If SHLDQ can do it……so can LIQDQ ! Maybe…..lol

[Yukii]

Thanks refined keeping my fingers crossed we get some closure here. I got a nice stack wouldn’t want to go to waste

[Refined Sugar Kills]

The docket hasn't been updated since 4/25.. https://www.inforuptcy.com/browse-filings/delaware-bankruptcy-court/1:16-bk-10202/bankruptcy-case-liquid-holdings-group-inc ..

For all we know, anything could be happening in this case, including nothing at all.

[Yukii]

Hey guys anyone following what’s going on in court? I can’t find anything what we should be expecting if anything. Thanks

[Refined Sugar Kills]

More like money on the fable.

The more likely scenario is the courts are just backed up with more pressing cases.

[DBWV]

Money on the table must be the reason Bankruptcy Judge hasn’t issued final decree on LIQDQ I wonder if the Net income Losses for 3 years of millions of dollars has an expiry date on them. Would a shell company like LIQDQ be purchased for that reason? Millions in tax deductions? Any accountants out there who can explain? I just want clarification and reasoning on why no final decree.

[Refined Sugar Kills]

Kent's a made man, I doubt he loses any sleep over this thing.

[HJ72]

Amazing they’re allowing this thing to breathe still.