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Which Company?
Transform Holdco is already a private Company -
which means any Shares of Holdco are Shares
of a Private Company and not as easy to sell/trade
as a Publicly traded Company.
If you mean a reorganized SHLDQ Company
it cannot go Private until it emerges from
bankruptcy and the Creditors may object to
Privatization since again it is not as easy to sell/trade
their Common Stock.
BOOM! I missed that but caught the sections about Intellectual Property Related Documentation... so lame. thanks linda1!
Just in case.
Consideration Securities means collectively, the Consideration Shares and the Consideration Warrants
It will definitely be Transform Holdco, LLC that will
be issuing the Securities Consideration - and
which Holdco Debt or Equity Securities have to be paid
to the Debtors on the CLOSING DATE of the Sale:
DOCKET 1730 - PG 74 of 315 - APA:
Section 4.2 Buyer’s Deliveries.
At the Closing, Buyer shall deliver to Sellers:
(a) the Closing Payment Amount less the Deposit Amount in accordance with Section 3.3;
(b) the Securities Consideration;
(c) the certificates of Buyer to be received
by Sellers pursuant to Sections 11.1 and 11.2;
(d) the Occupancy Agreement, duly executed by Buyer; .........................
Since Holdco is a Private Company where will
it register its Securities?
if you look at the dockets that are due on the 14 are leases looking for taxes and maintenance, some of them are looking for school taxes for this year. lol
In case they need it.
I would not be surprised if the judge ruled next Monday only.
Unless he said specifically he will rule from the bench? I doubt it
I was thinking the same but saw more Sears on Judge Drain's calendar on 2/14
sears is on the schedule for wednesday, thursday, and then again on thursday the 14th
Unless they stretch this thing out, It's a done deal Thursday, shortly after lunch on the East Coast.
SP
Stay the course people ... keep holding $$$. The debtors need sears / Eddie to be profitable to get paid .
No court on friday or next week... schedule here
http://www.nysb.uscourts.gov/calendars/rdd.html
dont expect anything official until next week imo.. shldq
So if no decision by tomorrow.. will there be a hearing on Thursday or Friday? Anyone ?
20 or 80 isn't the issue. Money accumulated to trade the stocks is. I'm not 20 or 80 but SHLDQ is a great play multiple times for me so far. Not stopping until there nothing to squeeze of out their wallet into mine.
Now that's good stuff...Thanks DD!
SP
That must be why they call you DD, sir.
Thank you for the confirmation and putting that to rest. The scare tactics by some are in fact a ruse to get people to sell.
Institutional ownership reported at 70.74% on Jan 31, 2019
https://www.gurufocus.com/ownership/SHLDQ
according to sears and the pbgc, the maximum guaranteed pension benefit is $5,420.45 per month ($65,045.40 per year) for a worker who retires at age 65 with a single life annuity.
the maximum benefit will be reduced for an individual who begins receiving payments before age 65, and
the maximum benefit will also be reduced if a pension includes benefits for a survivor or other beneficiary.
while around 99% of those receiving benefits will not be impacted by sears termination of the plan and the pbgc taking them over.
pbgc does not guarantee:
benefits not vested when the plan terminates,
benefits if age, service, or other such requirements haven't been met,
increases and new benefits in place for less than one year,
early payments greater than those to be received at normal retirement age,
health insurance, life insurance, death benefits, vacation and severence,
pbgc generally does not pay lump sums exceeding $5,000
pbgc may recoup payments which exceed their guarantee
as usual, the upper tier, higher paid people will be more adversely impacted than mid to lower level employees.
doesn't seem like judge drain will have to deal with or be concerned about any severe impacts on pension issues.
ABSOLUTE FACT...SHE IS SHORT ON SHLDQ AND USING HER INFLUENCE TO TRY AND MANIPULATE A SECURITY..
short sellers will have their day tic tac and flippers will be out of the game leave longs with the big prize get ready shorts.
with all the selling nice close .5699 I take it ;)
My thoughts too. Thanks for sharing yours. Respectfully intuitive
Institutional ownership of SHLDQ:
https://twitter.com/jacksonjimm/status/1092876871853699072?s=21
All the more reasons Warren should be investigated with her insider trading inquiry on Sears.
https://www.foxnews.com/politics/class-warrior-elizabeth-warren-worth-millions-new-financial-records-show
Tomorrow it will go higher.
Personally I would like to be involved in the re-emergence of SEARS as a going concern.
ANd to a degree yes I do, since they could even with a premium buy us out but we really would not participate in what is apparently trying to be built here.
So what if they pay me $1 per shares and the true value over time would have been $500 so yep I'd love it to stay in tact
It will go lower tomorrow.things not looking so smooth.
The type of stocks that I look for are “monumentally troubled stocks”. Buy them low and sell them high. SHLDQ fits that profile. If I was in my 80’s, I wouldn’t be trading a “monumentally troubled stock” like SHLDQ. I’m not, I am buying heavily today. Thank you whoever is selling :)
here she goes up watch the close all the sellers will regret except the flippers pretty soon we will be done with the flippers when we go past a buck.
Thanks. do you have concern regarding this company being taken private? Thanks!
Long on Sears
SHLDQ $$$
Love watching monumentally troubled stocks when share price breaks out and people who were wise enough to play SHLDQ properly make money using only SHLDQ profits. What an easy way to work this stock.
WHALES!! Put this issue to bed already!!
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=SHLDQ
SP
SoBar Wrong. The report posted shows 67% dumped but that means 33% remains. SHLDQ isn't for everyone. Just those with the ability to trade correctly and make money with it.
I have 40K plus shares. Not very worried. This is the calm before the storm. Wait for it.
Relax I have 50k shares and I’m still here intact with all the 50k. Hope that makes you feel little better.
Wouldn’t lie my 35k shares are up for sale at 0.80. If they want today or tomorrow they can have it.
I'm doing you a favor. .just chillax I will sell it back to you but of course with a hefty profit....lol...jk..
I have a small position and have been waiting the run that has been talked about for days - sure seems like a lot of selling going on - I am concerned
First off, you’re wrong. Second, from the link that you provided:
Berkowitz, who once sat on the board of the ailing retailer, reported owning only 4,578,440 shares of SHLDQ
Are we seriously playing .0001 battle? C’mon get your A game out shorts. You ain’t getting cheap shares by bidding 0.0001 higher... SMH
SLHD has virtually no current institutional ownership outside-ESL. Those filings can be months old. Fairholme Capital Management Llc is Bruce Berkowitz's hedge fund and he dumped.
"Bruce Berkowitz Axes 67% of Sears Holdings Stake"
https://www.gurufocus.com/news/757288/bruce-berkowitz-axes-67-of-sears-holdings-stake
SHLDQ institutional ownership:
https://money.cnn.com/quote/quote.html?symb=SHLDQ
Well if you guys can keep it down I am buying more on payday Friday!!!
Dude let them sell... I care!!!..I want more shares, hey I'm not being greedy but will gladly sell back to them in the dollarland. ..it is what it is...lol...jmo
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