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Isn’t it categorized as per bancruptcy and post one for class b settlement?
That what I was expecting 28,*** k in the shorts right as per you guys DD? Don’t say what you can’t support on?
A cleared position snap shot will be okay for all the debate here to clear out ...
Which failed SISP you referred says“ ...SISP failed and hence no terms and conditions applies for bidding” bid as a wish... self made theory
Is it only me that doesn’t know the difference between tangible and intangible assets or the whole board?
The logic is that the secured creditors were afraid that they were getting nothing on liquidation(zero $) that’s why they supported the restructuring and also presented themselves lobbying in court not to delay proceedings!!!
Pls show me the amendment for cancellation of share.
Confirmation **
When is an amendment expected for cancellation of equity by your understanding of bancruptcy proceedings?
Lol so u don’t know how many shares are stuck and you assume shorts did know the halt coming and precise at the day when it halted at 0.05.
Show me the broker clearance on short collateral before saying the shares are cancelled. Shorts are fried on immediate halt.
“ The shares are cancelled”. Simply post the broker clearance on the short collateral. “Closed and cleared short position”. Everything will be cleared out.
Someone give me an amendment want to see how it looks like
If there is no recoveries or the LTU not able to collect the fund then they have to go through Chapter 7 to liquidate the assets as per the bancruptcy exit agreement. Class A should be recovered until they gets a full recovery and the shares are linked with the assets of company IMO.
Well there was no assets that haven’t valued then. Look on patents and ....
At least better than getting 4.3 mil for secured creditors.
That’s not how they work, corporate tax rate is wrong to use. Thanks btw.
What has the tax rate to do with NOL?
Judge’s final order, no detail information about 100 m debt!!
Will figure out the value of pi later.
Hahaaha q stock of 14 million trading daily on otc shell.
So why no mention of A/R on accounts anywhere. Visolis aren’t taking A/R where will it end? Not secured/unsecured have been divided up for A/R.
And u might wanna tell what happens to q when it’s cancelled, don’t tell there is nothing like escrow account.
Just tell where A/R went to reside.
That’s why they are winding with the competitors. That’s the law of business. Who rules and to what extent. Better known at the spun off stage Winmq got what they wanted. The equity’s will be cracked.
How can u relate the unsecured creditors are already paid? Pls there is no any reports on litigation claims being recovered.
So the 40 mil fund is for unsecured creditors right? And still the final unsecured claims are unknown as being finalized and processed for their claim validation.
As per makinez 267 is unsecured so does that only goes through LTU or obliged to pay even no recovery?
The disbursement for unsecured creditors are also from LTU right?
If there is a deal then disclose can rocket the price to such level that they can’t offer to and if there isn’t deal then it wouldn’t take much longer. Is 4.3 too bigger number? What’s the waiting for?
The master lease was agreed on the initial spin off of uniti and win so it’s basically the uniti was tied with the product and win was tied with platform and the rent on the service it use from uniti. So basically it was win saying uniti breached the contract with unifying with the competitors and it’s basically the business strategy of uniti. Win if separated with the contract of uniti still have to use the others service for business. Plain as simple. They have business and not the product.
Ain’t got no product of its own to rule out and is just using others platform to make decent profit. Don’t know the future until it’s exit position with merge with uniti. Uniti is the upper hand in this play.
Did anybody not seen there has to be an offer* AND an apa* while bid on the close of 363 sale. (Stalking horse bid)
APA coz it was secured, upfront price coz it has closing price. Only assets were sold on CCAA the ending is remaining here in Delaware.
Don’t stick with chapter 7 here even though proceedings of bancruptcy are same outcomes may not be always same as you thought. Check the debt and underlying assets, their impairment, nols of each and every company you went as u referred ur experience on bancruptcy stocks. 4.3 M doesn’t satisfy nowhere and not logical either.
Don’t go with the NOL value here. If they had a taxable income after emerging from bancruptcy which side will reduce the tax on taxable income?
NOL attached to Sarnia or Delaware?