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McDermott International Inc. (MDRIQ)

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Last Post: 3/27/2020 2:06:26 PM - Followers: 52 - Board type: Free - Posts Today: 0



Company is bankrupt, and its common stock will be cancelled as part of the "pre-packaged" restructuring plan.
See this 8K issued by the company:
https://ih.advfn.com/stock-market/NYSE/mcdermott-MDR/stock-news/81567197/current-report-filing-8-k

This excerpt from the 8K is all anybody needs to know (equity interest is the common stock):
each existing equity interest in the Company shall be cancelled, released and extinguished without any distribution.
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MDR News: Notification Filed by National Security Exchange to Report the Removal From Listing and Registration of Matured, Redeemed or ... 02/06/2020 01:32:14 PM
MDR News: Amended Statement of Ownership (sc 13g/a) 02/04/2020 12:21:40 PM
MDR News: Current Report Filing (8-k) 01/28/2020 05:25:42 PM
MDR News: Current Report Filing (8-k) 01/23/2020 06:07:24 AM
MDR News: Current Report Filing (8-k) 01/22/2020 06:06:02 AM
PostSubject
#1542  Sticky Note Buyer Beware big time... trader59 01/23/20 10:14:25 PM
#1718   I Just ducked ---Short is a nasty word ernie44 03/27/20 02:06:26 PM
#1717   Well As the old traders saying goes “It’s Benwahsauce 03/27/20 11:36:10 AM
#1716   Iknow……..and am sick of it--been thru ernie44 03/27/20 10:59:18 AM
#1715   Shareholders always get screwed in bankruptcies in the trader59 03/27/20 10:51:39 AM
#1714   YEAHHHH the potlickers only know how ernie44 03/27/20 10:48:49 AM
#1713   Not sure. There is a lot of trader59 03/26/20 09:40:58 PM
#1712   It’s not canceled up until the actually gavel Benwahsauce 03/26/20 06:42:51 PM
#1711   Ok, I called that sort of trade a trader59 03/26/20 05:44:49 PM
#1710   Who said “investment”? Not I I said “TRADE” I’m convinced Benwahsauce 03/26/20 02:50:05 PM
#1709   When they file in court they’re gong to trader59 03/26/20 01:29:07 PM
#1708   NEVER TRUST ANY OF THEM. Even when they claim Benwahsauce 03/26/20 01:24:14 PM
#1707   He did not buy into this company at trader59 03/26/20 01:22:39 PM
#1706   Don’t know, I just read that but in reality Benwahsauce 03/26/20 01:18:28 PM
#1705   Nope. That was just another pump. trader59 03/26/20 12:46:56 PM
#1704   Didn’t carl Icahn buy in? Benwahsauce 03/26/20 12:44:17 PM
#1703   Somebody is sloshing shares around again trying to trader59 03/26/20 12:40:39 PM
#1702   Wow looks like push is coming Benwahsauce 03/26/20 11:48:40 AM
#1701   Weeeee bankruptcies are a gamble. Did carl Icahn buy Benwahsauce 03/25/20 08:37:25 PM
#1700   I'm well aware of that fact. All I Slojab 03/25/20 07:08:57 PM
#1699   Hell no Buying as many as possible Benwahsauce 03/25/20 04:52:37 PM
#1698   The shares will be cancelled. It’s in the trader59 03/25/20 03:13:25 PM
#1697   They will come out of bankruptcy after settling Slojab 03/25/20 01:44:30 PM
#1696   This news is interesting. Yet they are filing chapter Benwahsauce 03/25/20 12:42:18 PM
#1695   Amazing how this was on NYSE and how Benwahsauce 03/25/20 12:37:54 PM
#1694   Shares will be cancelled. It's in the trader59 03/21/20 10:18:27 PM
#1693   Me too. Heading to Pubix to stock uber darthium 03/21/20 08:57:03 PM
#1692   AM SELF HERMITTING TO THE COOLER ernie44 03/21/20 07:47:39 PM
#1691   “NOTHING’S OVER UNTIL WE SAY ITS OVER uber darthium 03/21/20 04:12:49 PM
#1690   CHAPTER 11 soon to be initiated--over ernie44 03/21/20 01:09:15 PM
#1689   IF Carl Icahn bought shares under false pretenses StihlsawsRule 03/09/20 11:05:39 AM
#1688   Forwarded this to SEC for a double check. cfoofme 03/09/20 10:53:15 AM
#1687   IMO the SEC just saved you longs. StihlsawsRule 03/05/20 12:34:14 PM
#1686   ITS been so long since the ernie44 02/29/20 01:19:49 PM
#1683   Yeah, if they are dumber thank a box ThebondoKid 02/25/20 08:05:44 AM
#1682   3 years of fake news, now fake economy, hydromike 02/25/20 06:53:50 AM
#1680   Why would any of them want the common trader59 02/23/20 04:16:07 PM
#1679   with 32000 employees---some of them must be buying ernie44 02/23/20 02:34:07 PM
#1678   Was that lease signed less than 6 months uber darthium 02/23/20 01:12:26 PM
#1677   Owners of Energy Center Five inked a 16 hydromike 02/23/20 12:34:11 PM
#1675   More and more filing backruptcy, hydromike 02/22/20 11:35:40 AM
#1674   Any news when all shares will be canceled? hydromike 02/21/20 09:18:04 AM
#1673   Hopefully an opening in house cleaning hydromike 02/20/20 05:36:30 PM
#1672   An option to recoup losses, become an employee hydromike 02/20/20 02:54:54 PM
#1671   Im in Florida, and can hear the contractors hydromike 02/20/20 02:46:49 PM
#1670   its like a turkey shoot then without any turkeys ernie44 02/18/20 02:35:41 PM
#1669   Another "Richard Goes Enya" event with MDR bankruptcy hydromike 02/18/20 08:54:45 AM
#1668   By all means, reward all the officers for Slojab 02/14/20 09:48:07 PM
#1667   THE KEY..."Plans" to cancel common. Those holders will malt66 02/13/20 05:31:01 PM
#1666   There won't be any reverse merger. This trader59 02/12/20 08:25:44 PM
#1665   Did you see the statement of beneficial owners? malt66 02/12/20 03:35:35 PM
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