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Renee

12/01/23 4:05 PM

Post #409

Re: #408: @trader59 - Doesn’t look like they issued new stock, news

I'll keep my eyes on it......you too please.

trader59

12/01/23 2:31 PM

Post #408

Re: #406: @Renee - Mallinckrodt Plc emerged from Ch. 11 bankruptcy with

Doesn’t look like they issued new stock, news says their lenders now own the company.

Renee

12/01/23 10:24 AM

Post #407

MNKT: DEC 1st, 2023 SEC Cease and Desist Order:

https://www.sec.gov/files/litigation/admin/2023/33-11256.pdf

https://www.sec.gov/enforce/33-11256-s

Renee

12/01/23 10:11 AM

Post #406

Mallinckrodt Plc emerged from Ch. 11 bankruptcy with new equity. *****I spent 25 minutes looking for the ticker but could not find any references, so, I'll simply submit a ticker change from MNKTQ back to MNKT. If anyone finds any other reference to a ticker change please post it on this board.

https://www.sec.gov/Archives/edgar/data/1567892/000110465923116529/tm2330452d1_ex99-2.htm

Renee

11/14/23 6:32 PM

Post #405

MNKTQ: BK PLAN effective. All shares cancelled. ***PPS rose 71% from .07 to .12 on 39,227 volume. Someone got a bit lucky, knowing the stock would be cancelled.

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

ZimZum

10/20/23 6:10 AM

Post #404

How much is the tender offer?

getyourownshares Free

09/05/23 2:43 PM

Post #403

Re: #393: @Monksdream - MNK new 52 week low https://investorshub.advfn.com/uimage/uploads/2023/8/26

Finally looking good $MNKTQ

splintered sunlight PremiumMember

09/01/23 12:48 PM

Post #402

Re: #401: @saigai - i left a long time ago but didnt

Glad you got out

GLTU

saigai

09/01/23 11:55 AM

Post #401

Re: #398: @splintered sunlight - Nope

i left a long time ago but didnt see this just took my profits.. didnt think the bk thing was coming here ..until your post i forgot i was even heree glta

Triple nickle Free

09/01/23 11:18 AM

Post #400

Opioid scapegoat here

splintered sunlight PremiumMember

09/01/23 11:12 AM

Post #399

Re: #395: @getyourownshares - Now will squeeze MAYBE .... could be massive

SERIOUSLY??????

splintered sunlight PremiumMember

09/01/23 11:12 AM

Post #398

Re: #391: @saigai - this is not just a monstrous squeeze in

Nope

splintered sunlight PremiumMember

09/01/23 11:11 AM

Post #397

Re: #385: @Triple nickle - Like I said close the gap at 2.40

Not looking likely......

getyourownshares Free

08/30/23 5:26 PM

Post #396

Re: #388: @wickerman - $MNK short of the century bankruptcy pumper.

150 million dollars out of the 250 million was granted approval for access. With the short the way it is it could be absolutely insane or it will get ignored

getyourownshares Free

08/30/23 5:24 PM

Post #395

Re: #388: @wickerman - $MNK short of the century bankruptcy pumper.

Now will squeeze MAYBE .... could be massive squeeze from these levels.

Renee

08/28/23 5:51 PM

Post #394

MNK changed to MNKTQ, bankruptcy. Delisted from the AMEX to the OTC:

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

Monksdream PremiumMember

08/26/23 2:05 PM

Post #393

MNK new 52 week low

shurtha2000 Free

08/05/23 4:01 PM

Post #392

and maybe another Rally the biggest one yet ?

saigai

07/31/23 12:01 PM

Post #391

this is not just a monstrous squeeze in yhr msking. there is value here that that is worth a long term hol

Bullish

saigai

07/31/23 9:05 AM

Post #390

3500 at 1.12 i flipped the coin ..it came up heads

Bullish

alchemytrader Free

07/29/23 11:09 AM

Post #389

Re: #383: @TheFinalCD - MNK 2.35 NUTS

1.13

Bearish

wickerman

07/27/23 11:41 AM

Post #388

$MNK short of the century bankruptcy pumper.

Bearish

MiamiGent

07/27/23 9:39 AM

Post #387

MNK Mallinckrodt's Potential Bankruptcy: Hedge Funds' New Path to Dodge Opioid Settlement Debt?
BENZINGA 12:28 PM ET Jul-26-2023

https://stockcharts.com/h-sc/ui?s=MNK

Last year, Mallinckrodt Plc (NYSE:MNK) pledged to pay $1.7 billion to settle numerous lawsuits by governments and individuals impacted by the opioid crisis, who argued the company had a hand in sparking the public health disaster.

The settlement, expected to be disbursed through 2030, was intended to finance overdose reversal drugs and cover the treatment expenses of opioid users.

Nevertheless, hedge funds that backed Mallinckrodt support a plan for the company to pull out of the agreement with roughly $1.3 billion still outstanding, Wall Street Journal reported.

Several hedge funds, including Silver Point Capital, are negotiating with Mallinckrodt's board to assume control of the business via a bankruptcy declaration. Other funds, such as Bracebridge Capital and Alta Fundamental Advisers, are discussing its potential Chapter 11 filing.

The funds argue that Mallinckrodt was overgenerous in its settlement commitment and that the company's funds should primarily belong to top-tier lenders, such as themselves, rather than to victims or state governments.

They believe Mallinckrodt's continued contributions to the opioid trust could harm the company's financial stability and breach its legal obligations to investors.

The report also noted that the hedge funds suggest that Mallinckrodt should restructure through bankruptcy due to declining business.

In response, Mallinckrodt confirmed its ongoing discussions with "its financial stakeholders" to determine the best way forward considering their debt and opioid settlement commitments.

It is a controversial move, as Mallinckrodt was the first opioid manufacturer to globally settle with state attorneys general, municipal governments, and countless individuals who accused the company of downplaying the addictive risks of its prescription opioids.

Upon settling the lawsuits, Mallinckrodt and its executives were exempted from future liabilities for opioid sales, and the company was allowed to continue producing the drugs.

Price Action: MNK shares are up 61.40% at $0.71 on the last check Wednesday

Triple nickle Free

07/27/23 9:30 AM

Post #386

1.87

Triple nickle Free

07/27/23 9:06 AM

Post #385

Like I said close the gap at 2.40

TrendTrade2016 PremiumMember

07/27/23 9:06 AM

Post #384

exit 2.21 resistance

TheFinalCD PremiumMember

07/27/23 8:54 AM

Post #383

Re: #376: @alchemytrader - Check your broker. its easy to borrow with Etrade.

MNK 2.35 NUTS

Bearish

TrendTrade2016 PremiumMember

07/27/23 8:37 AM

Post #382

HERE COMES 2,21

TrendTrade2016 PremiumMember

07/27/23 8:20 AM

Post #381

TRIMMING ABOVE 1.76

TrendTrade2016 PremiumMember

07/27/23 8:18 AM

Post #380

MNK..WATCH THAT 2.21 AS TOP

TrendTrade2016 PremiumMember

07/27/23 8:16 AM

Post #379

MNK BREAKING RESISTANCE IN PRE MARKET

Invest-in-America Free

07/27/23 2:01 AM

Post #378

MNK: Benzinga breaks-down the most BIZARRE story in the history of Wall Street??? If not, a good candidate for such. OLD NEWS??? Well, read it again:
https://www.benzinga.com/news/23/07/33393811/federal-reserve-to-follow-through-with-0-25-rate-hike-wednesday-likely-another-next-meeting-says-for
////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

shurtha2000 Free

07/27/23 12:14 AM

Post #377

Re: #375: @TheFinalCD - MNK 1.77 NO SHARES AVAILABLE TO SHORT

So many many stocks with repeat rallies - missed this one again

alchemytrader Free

07/26/23 6:20 PM

Post #376

Re: #375: @TheFinalCD - MNK 1.77 NO SHARES AVAILABLE TO SHORT

Check your broker. its easy to borrow with Etrade.

TheFinalCD PremiumMember

07/26/23 5:53 PM

Post #375

Re: #366: @shurtha2000 - Bankruptsy or another Rally ?

MNK 1.77 NO SHARES AVAILABLE TO SHORT

I TRIED

Triple nickle Free

07/26/23 5:33 PM

Post #374

Hmmm gap to fill at 2.40

Invest-in-America Free

07/26/23 3:36 PM

Post #373

Re: #372: @Triple nickle - Second times a charm

MNK: If you want your Company's stock to SOAR, well, simply get SUED or INVESTIGATED for FRAUD or otherwise misleading your investors!!! Works every time!!!