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REVRQ: bankruptcy plan effective. All shares cancelled.
https://otce.finra.org/otce/dailyList?viewType=Deletions
Creditor Deal
Not sure why shares are up. Generally bad news for equity.
https://www.reuters.com/markets/deals/revlon-reaches-lender-settlement-sends-bankruptcy-plan-vote-2023-02-21/#:~:text=The%20senior%20lenders%20will%20receive,paid%20up%20to%20%2444%20million.
REVRQ: Well, it's a MAYBE on that theory; bottom line, NOBODY knows what will eventually transpire here, Bro. (I posted here MONTHS ago, that I didn't think the World would simply allow the REVLON Trademark to merely VANISH into the history books of Commerce & Industry.)
REVRQ - i read that STOCKHOLDERS are WIPED OUT ? or do i not get it?
REVRQ: Hey, THANKS for that, HB-1! Below is a LINK to a late article about it today; although said article has a NEGATIVE tone to it, nevertheless we both know what can happen if that "MEME" routine jumps-off again!! (HA-HA!!)
https://investorplace.com/2022/12/revlon-revrq-stock-rockets-60-amid-restructuring-update/
And heck, it may get 'SHORT-SQUEEZED', like below!!! Well, sort-of! (Get the PUN, Homeboy??!!)
REVRQ $$$ COULD GO HUGE HERE, AFTER-HOURS AND INTO TOMORROW !!
REVRQ: GOD BLESS, Bro!! (But then, He-or-She-or-It has ALREADY done that!!)
$REVRQ: Thanks AMIGO....
Hope you're banking hard on where the runners show up.
Theres always something new and interesting coming up.
Was expecting more of a pop on Voyager Digital but hopefully market gets wind of the
news before the week is over to let her ramp up.
PEACE !
GO $REVRQ
REVRQ: YEP!! And big THANKS again, EZ!! You're the BEST stock picker --- especially of the last 2-months --- on IHub!! Who needs "DDAmanda", when we all gots Sir 'EZMoney'???!!!
IGNORE this double-post, & wrong posting place!
$REVRQ: DAMNNnnnnnnnnnnnnnn whatta mover today
Shoulda added at the open at 0.36
Actually hit $1.30 uts 30mins ago.
DAMNNNNNNNnn it
GO $REVRQ
No chicks have used this product since the 90s. Its over.
REV changed to REVRQ, bankruptcy. Delisted from the NYSE to the OTC:
https://otce.finra.org/otce/dailyList?viewType=Additions
Judge denies request for equity committee.
Look out below.
That was my biggest one trade, besides TSL*A and MAR*A between these two my trade value was 6 million dollars at one point, which I made over half a million dollars in less 4 days. I loose big too, not that I don't, but I can stomach losing 200,000 grand on one trade alone, so far my average with REV is 8.09 if it goes lower, I buy more and more, until it breaks out. These kind of plays needs patience, believe you me, if I didn't see it, I wouldn't be here.
You think for a minute I trade these plays on a day to day, you are kidding yourself right? I play these months out 3-4 months. You want to see my trades? Will make you go wow.....
Maybe we can use some nice makeup on you. Where is Invest in America, when you need him, with his emojis.
Will see you from the top.
Absolute pump n dump TRASH!
REV is the next short meme squeeze play, took a position yesterday. I still have all my shares from BBB*Y all profits goes in here after 50-60 from BBB*Y
#REV ?? Uptrend continues! Important price levels and my price targets along with trade ideas
$10.74 TURN DOWN FOR WHAT??????????
BK?
lol
dont let that stop ya... not in these crazy times
REV: Hey, G2G --- by the way, LOVE your new iHub 'Handle' --- the BIG BOY STOCKS have now become the INSANE STOCKS of the old OTC runners! YOU, Sir, surely recall THOSE monster years!! HARD to wrap-one's-head around this stuff of late!
Absolutely——— craziness
REV: And (nearly) DOUBLED my $5K toss at THIS one today, to boot!!! VERY BAD Court action today for REV Shareholders, but it nonetheless SOARS by 89.9%; I am on a FLUCKING TOLL!!!
#REV ?? Trade ideas using chart action! 72% short interest! Will it run again?
I don't have any either, for a long time.
Invest-in-America: I sold a while ago. Have no intentions of getting back in. Good luck. Be careful.
MarkItSold. Congrats - better than losing $37. haha
Made $37 in just thirty minutes on this stock!
invest-in America: PS: Hopefully, for your sake, it was just due to some profit taking, and a deal might still be in the works.
Invest-in America: thanks. hope you're not left holding the bag
Credibility has gone out the window...lol
REV: And THAT post didn't age well, either --- maybe I'm gonna start listening to all of those "NOBODYS".
Very, very, very SMART move!!
REV: Well, THAT post didn't age well.
I chickened out at a small loss. Don't have the stomach for it. Good luck to all with guts
Benzinga - Reliance declines comment Revlon
Revlon 6.25%s $12 -1/2, rise to 100 or stock is 0
,,,,,,,,LISTEN TO ME…NOT NOBODYS
SEE WE ARE UP GREEN!
What about what was said in the post quoted below? If that is the case, common shareholders will most likely end up with nothing. I just want to know; what is the truth?
cjstocksup Thursday, 06/23/2022 06:23:02 PM
RE: THEMASTERS_SON post# 1753
Post# 1754 of 1763 Go
They filed BK, it was Chapter 11 total liquidation or restructuring. Shareholders would not get anything at the end according to every news article written on the shape of the company. He would not be buying the company he would be buying their assets during the BK. Nothing but bad news here. Only way to go is short or load PUT's.
"First, a very large Indian conglomerate, Reliance Industries, is considering buying Revlon according to ET Now. This has caused a lot of confusion. Reliance Industries would most likely buy Revlon's assets - not actual Revlon Inc. - under a section 363 sale. Reliance's offer, assuming it actually happens, would be the stalking horse bid and there would be an auction. This would be fairly close to what happened with JC Penney when they sold their assets in bankruptcy. The proceeds from the asset sale would be divided up under a Ch.11 reorganization plan that is expected to follow the normal priority "waterfall" for recoveries, with Revlon shareholders on the bottom."
"Way Too Much Debt
Unless there is some major positive development, it is unlikely Revlon shareholders get any recovery under a Ch.11 reorganization plan because there is just too much debt that has priority for recovery. Revlon has over $3.5 billion in debt that would have priority and that does not even include vendor claims, large bankruptcy legal fees, and DIP financing that all will have priority over shareholders."
themasters: great news if he pulls it off. and at what price. glad I got back in.
In with 700 shares at 8,34
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