Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks for letting me know… GL!
It’s me I’m Canada. I put a bid at 0.0001 for 91k first then I noticed it went through and then I noticed I had some more xtra cash in my margin and thought why not I will make it a even 1 million. I only had 9k shares forever
Wouldn’t we all love to know!
Liquid Holding Group Inc. Any news? Is this completely dead now? Why has the judge not issued final decree?
Your guess is as good as mine. Seems claims are still being disbursed.
I didn't catch what Kent said, unfortunately.
How do we not have a final decree from this judge? We should reach out to them and ask for clarification and final word on Liqdq. Attorneys and accountants got paid mega bucks. Prepetition on Giuliano’s website said 28 million. Was that false? Where’s the oversight Peter Kent said he was protecting rights of stakeholders?
I think shareholders of record could bring this company back if they really wanted to, only time will tell.
I think only shareholders with clout(and lawyers), could manage to wrestle this from the Delaware court system, ie Von Allmen et al..
If this really is a shell with assets, it's not the only one being sat upon by the state of Delaware.
Anyone know what is going on? Why hasn’t the judge issued final decree. BK has ended ? Peter Kent should make a statement as he took the ship down and sank it for saving patents and exempt assets as he mentioned. Somebody should purchase shell company and turn into a new robinhood or Webull.
According to the docket, some type of sale did take place in 2016. I'm guessing real estate, but since it doesn't specify, I could be wrong.
Perhaps the money used to pay creditors came from that.
The final report shows receipt of 4,756,437.20. That's a far cry from 28 million in pre petition assets.
Perhaps it's too soon to write this off completely, there may be a small glimmer of hope here.
Hoping for clarity soon on LIQDQ. I thought it had promise back in 2014-2015. The EZE software competitor was sold for billions and Liquid platform was on cuff of something Where did 28 million pre petition go? Why pay Shook Hardy 100,000? Trustee made $300,000 plus. Why trustee pay accountant hundreds of thousands and do 2019,2020 taxes? past 5-6 years makes little sense to me. Sorry, I’m rambling. When do you think we will see final decree from judge?
Doesn’t mean it can’t be reinstated somewhere else
This was considered a mega bankrupcy that had 28 million in pre-petition assets, but only 2,545,541.78 was distributed to creditors.
Who knows, maybe this shell will still have some assets, post bankrupcy, and can be reactivated in some capacity.
But like I said, the courts in Delaware aren't keen on granting custodianships.
Different states have different laws and legal precedents. States like Nevada are relatively friendly to custodians buying in and reinvigorating distressed companies, states like Delaware are not.
Are there really 38 million NOL on the books for LIQDQ ? Shell company for a possible investor.
Anything can happen in the OTCMarkets
Nevermind, this is a Delaware company. Delaware isn't friendly to the likes of Lazar, Synergy, etc. who seek to aid distressed companies and give hope to their distressed shareholders.
RIP LIQD.
The expert market allows pro investors to nab shells at rock bottom prices, before unwashed masses of retailers do.
It's like an exclusive beach that only admits professional shell collectors. Rather than a liability for our shell, we should view it as an asset.
I wish , hope someone acquires it
Maybe it was David Lazar's firm doing the buying. To be granted custodianship, he must first own shares.
No it’s not on the grey market yet , it’s on the expert market which is a small step up from grey there was buying and selling going on a few weeks ago.
Don’t see it trading on any market. Do you mean grey market? Seems like a shell company with 38 million NOL is worth something to someone. Peter Kent said he was helping stakeholders, well I own shares thought I was a stakeholder since no preferred shares and little debt. The trustee and lawyers made big money and lasted 8 years
Why is this even on the expert market
38 million NOL is worth a look for another financial company to look into. As dumb n dumber “so you’re saying there is a chance”. One in a million ! I still can’t believe what they did to stockholders. Fckd it up for us! We got totally screwed they could’ve done reorganization
It's over, shareholders appear to get nothing but closure and an empty shell.
Now, all we can do is wait for a possible reverse merger.
It's been a long, bumpy, and painful ride; but God willing, hopefully it's almost over..
Hopefully soon, or at least this calender year.
You seem like a knowledgeable guy, based on your posts here. Any thoughts on the latest docket updates?
Thanks for the update… wish I knew!
The docket says, "FINAL Application for Compensation (Fifth and Final) for Archer & Greiner, P.C., Trustee's Attorney, period: 3/1/2016 to 1/18/2022, fee: $223,229.00, expenses: $3,084.20. Filed by Archer & Greiner, P.C.. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Proposed Form of Order) (Carickhoff, David) (Entered: 01/20/2022)"
Does this mean the case is wrapping up, or is the word final just a confusing legal term?
A lot of docket updates lately. I wonder what's up.
Good to know thanks!
Docket updated again, Peter Kent mentioned.
Seems the rusty gears of our legal system are still turning in this case, albeit slowly.
Perhaps eventually, once all these legal shenanigans have run their course.
Thanks for sharing … maybe we get a clean shell out of this ?
At least the docket was finally updated.
https://www.inforuptcy.com/browse-filings/delaware-bankruptcy-court/1:16-bk-10202/bankruptcy-case-liquid-holdings-group-inc
There can only be a sale of a debtors' non exempt property when there is a buyer, so what happens when there is no buyer?
Probably nothing a few I’m holding on expert market do the same. I liked the .0014 better not that it matters Lol …I kept some here too though just in case ;)
Since this is on the grey market, any movement at all seems curious to me.
I wonder what's up.
I’ll check it out, thanks
If you're looking for a reverse merger to invest in, consider HGYN.
It's already completed the lengthy process and is now pink current.
LIQDQ doesn't even have a custodian yet.
Yeah I know that, but any hopes this could turn into a clean shell?
It's already dead and buried, we're just waiting for the estate (if any) to be sold off and divided.
Yeah, you’re right! Thanks
I don't think volume is very meaningful when 50,000 shares can be had for a mere 100 bucks.
Just penny flippers making their lunch money.
Where’s all this volume coming from? Someone call the court and demand final decree of this damn thing!
Followers
|
67
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2862
|
Created
|
05/20/14
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |