RTW RetailWinds Inc. (fka RTWIQ)

[Renee]

RTWIQ: BK PLAN effective. All shares cancelled.

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

[splintered sunlight]

Small sale -130,367 shares.

I probably bought it.

[02opida]

v good

[hondaboost]

As previously announced, the Company has fully satisfied and repaid all of its secured debt. Pursuant to the Company’s filed Disclosure Statement and Plan of Liquidation, the sale will result in a distribution to the Company’s unsecured creditors; however, the Company’s equity securities will be cancelled on or before the conclusion of the Company’s Chapter 11 cases with no payment or other distribution thereon.

[hondaboost]

Insiders sold all at $0.0015, here:

https://www.otcmarkets.com/filing/html?id=14385824&guid=gDweUqRAI_gSjth

[hondaboost]

RTWIQ, then shares to be cancelled soon.

[02opida]

RTW Retailwinds, Inc. Announces the Closing of the Sale of Its e-Commerce Business, Including the New York & Company and Fashion to Figure e-Commerce Intellectual Property, to Saadia Group, LLC

[splintered sunlight]

PIRRQ shares just got cancelled today........

[Zardiw]

Hard to say.....It could trade for awhile I guess....it would take some kind of action by the SEC/Finra to actually make her stop trading.......

z

[splintered sunlight]

I know - but when.

[Zardiw]

Common Shares are being Terminated!

z

[south border]

Good luck to you !!

[splintered sunlight]

Monster loss.

Taking a shot here for a bounce.

If no bounce I'll be joining the sellers but for a small loss.

[south border]

Go to Stocktwits boards More info over there Be carefull !!! Everybody is selling for a big lost !!

[davdoc0011]

Anybody think this stock should be picked up? Can’t find a whole Lotta information on it but it has gotten very very inexpensive and I’m in it pretty deep already so it was thinking about buying some more.

[splintered sunlight]

RTWIQ are damaged goods........

[splintered sunlight]

Looks like whoever still owns this bad boy wants out before it goes to ZERO.

[02opida]

good Q

[splintered sunlight]

What happened today?

[splintered sunlight]

What the hell happened today?

[splintered sunlight]

Thank you for your post.

Can you explain what this means for the current shareholders?

I guess not good being the stock was down over 15%.....

[02opida]

About RTW Retailwinds

RTW Retailwinds, Inc. (together with its subsidiaries, the "Company") is a specialty women's omni- channel retailer with a powerful multi-brand lifestyle platform providing curated fashion solutions that are versatile, on-trend, and stylish at a great value. The specialty retailer, first incorporated in 1918, has grown to now operate approximately 328 retail and outlet locations in 32 states while also growing a substantial eCommerce business. The Company's portfolio includes branded merchandise from New York & Company and Fashion to Figure. The Company's branded merchandise is sold exclusively at its retail locations and online at www.nyandcompany.com, and www.fashiontofigure.comand through its rental subscription businesses at www.nyandcompanycloset.com and www.fashiontofigurecloset.com.Additionally, certain product, press releases and SEC filing information concerning the Company are available at the Company's website: www.nyandcompany.com.

[02opida]

NEW YORK -- (Business Wire)

RTW Retailwinds, Inc. (“RTW” or the “Company”) [OTC PINK:RTWIQ], an omni-channel specialty apparel retail platform for powerful celebrity and consumer brands, announced today that after a bankruptcy auction on Friday August 28, 2020 it has entered into a new asset purchase agreement with the winning bidder at such auction, Saadia Group, LLC, for the sale of its e-commerce business and all related intellectual property, including its websites, www.nyandcompany.com, www.fashiontofigure.com and its rental subscription businesses at www.nyandcompanycloset.com and www.fashiontofigurecloset.com together with certain other assets for a cash purchase price of $40 million plus assumption of certain liabilities, including honoring gift cards, subject to closing adjustments. The Saadia Group, LLC asset purchase agreement supersedes the prior stalking horse asset purchase agreement announced on August 4th, 2020 with Sunrise Brands, LLC. The new agreement is subject to final approval by the Bankruptcy Court and a hearing is scheduled on Thursday, September 3rd, 2020.

Sheamus Toal, Chief Executive Officer of RTW, commented: “We are extremely pleased to have received a new, significantly higher priced purchase agreement from Saadia Group for our e-commerce business and all related intellectual property and certain other assets. Similar to our previous agreement, the new agreement will allow our substantial e-commerce business to continue to operate and serve our loyal customers. I remain deeply thankful to our associates, business partners and our many loyal customers for their unwavering dedication and commitment to the process and we look forward to receiving final approval in the very near future.”

The Company filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey (the “Court”) on July 13, 2020.

The Court filings and other information related to the proceedings are available on a separate website administered by the Company’s claims agent, Prime Clerk at https://cases.primeclerk.com/RTWRetailwinds/.

B. Riley FBR, an affiliate of B. Riley Financial, Inc. (NASDAQ: RILY), is serving as the investment banker to the Company; Cole Schotz P.C. is serving as its legal advisor; and Berkeley Research Group, LLC is serving as its restructuring advisor.

[02opida]

RTW Retailwinds, Inc. Announces Conclusion of Bankruptcy Auction and Execution of Asset Purchase Agreement with the Winning Bidder, Saadia Group, LLC.

[02opida]

Recent Trades - Last 10 of 44
Time ET Ex Price Change Volume
13:00:14 Q 0.0321 -0.0051 769
12:39:16 Q 0.032 -0.0052 384
12:29:08 Q 0.032 -0.0052 512
12:19:45 Q 0.032 -0.0052 120
12:17:41 Q 0.032 -0.0052 11,100
12:17:40 Q 0.0321 -0.0051 50,000
12:14:31 Q 0.0321 -0.0051 256
12:13:34 Q 0.0326 -0.0046 900
12:12:37 Q 0.0326 -0.0046 15,000
12:10:43 Q 0.0326 -0.0046 15,000

[02opida]

Fashions Sell year round RTWIQ

[Renee]

RTWI changed to RTWIQ, bankruptcy:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[splintered sunlight]

Yes - that hurts!!

[Renee]

RTW changed to RTWI. Delisted from the NYSE to the OTC:

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

[omri]

Bought 10 k shares today on the dip glta

[ClayTrader]

* * $RTW Video Chart 06-08-2020 * *

Link to Video - click here to watch the technical chart video

[fireballka7]

this company has around 65 million shares and has about 60 million dollars in the bank TODAY with a finance agreement LOC for 75 million bucks to get things started back.

[fireballka7]

Stock is Hot Again... what an AH today, loved it.

[FORDGT]

In today at .23 just a gamble... Hope we aren't put out of business by COVID-19 … Thanks for starting the board.. Wish I could have gotten some of those .15's …
https://www.otcmarkets.com/filing/html?id=14196576&guid=SNqHUF7exZJYC3h

[ClayTrader]

* * $RTW Video Chart 06-03-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $RTW Video Chart 05-26-2020 * *

Link to Video - click here to watch the technical chart video

[kzivann]

RTW looks like a survivor.

[MotionOffense78]

Agree, looks great during AH. I grabbed a few earlier today.

$RTW

[Eurotradr]

Closed STRONG. Ready to run tomorrow. Don't miss the boat!!!

[ClayTrader]

* * $RTW Video Chart 05-07-2020 * *

Link to Video - click here to watch the technical chart video

[ClarkKant]

$RTW $.382 volume hit scanners yesterday even more so today. GEtting REady?

[ClayTrader]

* * $RTW Video Chart 05-06-2020 * *

Link to Video - click here to watch the technical chart video

[INTL]

Has over 3x cash on hand and moving into online in a big way. 4 bagger potential. A steal at these levels. Pay attention!

[ClayTrader]

* * $RTW Video Chart 04-17-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $RTW Video Chart 02-26-2020 * *

Link to Video - click here to watch the technical chart video

[makinezmoney]

$RTW: Cheap Stock here at $1.30

https://www.nyandcompany.com/




GO $RTW