PARTS iD Inc (fka IDICQ)

[Renee]

IDICQ: BK PLAN effective at 14:03. All shares cancelled.

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Kjv]

Go read the filings

[hondaboost]

Where did it say that the common shares will be wiped out?

[Kjv]

Wipe out. Read the filings

[02opida]

anyone know if they are going to wipe out the common shares or are they going to keep the equity intact?

[hondaboost]

IDICQ, 0.004. It was once $10.5 on NASDAQ, just delisted a few days ago. Low O/S. The insiders bought millions of shares last year.
Will be the Best Q play this year.

[hondaboost]

A Hearing for Reorg. Plan will be held on Feb 2,

"A combined hearing to consider the adequacy of the Disclosure Statement and confirmation of the Plan will be held before the Honorable Laurie Selber Silverstein, United States Bankruptcy Judge, in Courtroom #2 on the 6th Floor of the United States Bankruptcy Court, 824 North Market Street, Wilmington, Delaware, 19801, on February 2, 2024, at 10:00 a.m., prevailing Eastern Time."

It's just a Hearing at first, Then, the Judge will make a decision on whether the plan will be approved or not. If it gets approved, then it'll take a long time (from at least 6 months to years) for the debtors to carry on the plan.

[Kjv]

The beauty of bankruptcy

[hondaboost]

IDICQ, was $0.9 on Jan 18, 2023, now $0.004. ?

[Kjv]

RCLFF?

[Kjv]

It’s not coming up….

[Kjv]

I will check it out.
Thanks

[WHITTENHALLJR]

Thinking about getting into RRLCF petty good entries point

[WHITTENHALLJR]

I see that… hum I’ve only got 100k not worried either way

[Kjv]

The buying interest has been very low…the reason I didn’t buy yesterday.

Did you see the filing though? They will be canceling the shares and issuing new ones on the “plan date” and it seems it’s February if I read that correctly.

[WHITTENHALLJR]

I grabbed an amount I don’t mind losing this is what I do with most of these Q stocks… Had some luck last week with smile direct you never know

[fink]

I got no idea?
Bk is just a tool.

I got no idea what will become if this. I assume it's just inventory and debt. Bk takes care of the debt side for awhile.
What type of Bk did they file for?


Could become the next CREX. Gobble up or be gobbled up by your competitors. Become part of a powerhouse.

I agree, it doesn't look good. Like "blood in the streets" good?

I dont know enough about their market snd customer base to make a judgement on grabbing some.

[WHITTENHALLJR]

Any deal and plan to pull this out of bankruptcy or just going down the toilet? Sure looks like it is.

[Renee]

ID changed to IDICQ, bankruptcy. Delisted from the NYSE to the OTC. **stock dropped from .11 to .0489 on the news.

https://otce.finra.org/otce/dailyList?viewType=Additions

[fink]

Wait till you see the new EPA rules Jan1st.
Trump stalled it this long. The 3 years expires in weeks.,

The v-8 is a thing of the past.
Your going to have a motorcycle engine with twin turbo and 15 gears. Overworked crap thstceo t get you 100k miles, but you'll get your 31 miles per gallon.
Why are pick up trucks massive today. It's the algorithm the EPA has set.

Hold onto your pre 2020 autos.

[TrendTrade2016]

ID beautiful

[TrendTrade2016]

ID PUSH TO 16C COME ON!!

[TrendTrade2016]

ID 16C COME ON

[TrendTrade2016]

ID HERE WE GO

[TrendTrade2016]

ID...NEXT ONE TO POP

[Triple nickle]

Mr.Peker Carparts.com
PartsID
Faraday future
Guy knows his shit

[Triple nickle]

Media pump in progress

[AJ Freely]

$ID - Up 9.2% Pre-Market/ Current Price $0.47
Announces New Financing with The Lind Partners And Co-Investment by Certain Company Insiders

[JNdouble1]

I'm watching the category

Thought the pandemic was going to drive a lot of DIY repair interest. Economic issues should also be in favor of repair instead of new purchase. Unfortunately, this company has not fared so well.

[81vette]

we up13% on $47k traded,other tickers today $2M-$6M only up 4%-6%then crash am/pm mkt,recient market is greedy/horrible mms/TAs just naked shorting stealing every penny from shareholders,with ID trading all natural(so far 1 month) all natural trading at least gives a fighting chance like the good ole days,lately only a few tickers per day in all markets and rarely all day natural

[81vette]

new CEO worked miracles on other auto parts companies

[81vette]

before mon open info coming,is tentative plan

[81vette]

float 5.68M,o/s 34.81M,gross profit(ttm)64M,cash3.8M(28months run rate)7M market cap is 10Xs undervalued with what is coming from new ceo

[JNdouble1]

Ok, I'll bite

Seems we have an AMEX listing requirements compliance issue coming soon

Revenues down significantly year over year

Company openly discussing restructuring

What is the play here?

[81vette]

love being in before pumpers/flippers/discord,under the radar so good had to create the board to share with friends

[81vette]

now above ema,sma50,dma50=.37,sma200=.98 so lots of run room

[81vette]

macd became bullish 3/22,month+ trend

[81vette]

accumulation since 11am yesterday,and greater from 4/19 all time low distribution,someone/group/ect. has been quietly loading

[81vette]

90k shares short,could see covering as trend looks to continue

[81vette]

shares to short decreased 150% today,heading to ZERO BORROW again for next big run,they letting it go so far

[81vette]

new CEOs past,merged carlotz into SHIFT,Chief Executive Officer of CarParts.com from January 2019 to April 2022, Mr. Peker oversaw a more than doubling of annual revenue, a nearly fourfold improvement in EBITDA and an increase in market capitalization of over 500%. , Chief Marketing Officer at Adorama, a leading electronics retailer and also held senior positions at Sears Holdings Corporation and US Auto Parts.

[81vette]

if trend continues,150% upside coming soon,bid has been building and no selling @bid(no mms or ta games of destruction)