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was thinking that myself---it was a 1 trick pony
Have The 2 1/2 The 5 And the 20 puts 20s are killing it.Just a matter of time for the others .This will be at 2 very soon.Droping 5 percent a day.Gonna fill that last gap .
are they selling the fleas offa this dogs back now
Blkcf load up bigtimethey are part of Kodak deal
Michael B. Goode? Dallas? T.P.Evans? San Angelo ?
Can anyone provide more information on the Senior Unsecured Notes?
"Eastman Kodak Co Sr Nt 7.25%13
Cusip 277461BD0
SENIOR NOTES DUE 2013
On October 10, 2003, the Company completed the offering and sale of $500 million aggregate principal amount of Senior Notes due 2013 (the “2013 Notes”), which was made pursuant to the Company’s shelf registration statement on Form S-3 effective September 19, 2003. Interest on the 2013 Notes will accrue at the rate of 7.25% per annum and is payable semiannually. The 2013 Notes are not redeemable at the Company’s option or repayable at the option of any holder prior to maturity. The 2013 Notes are unsecured and unsubordinated obligations, and rank equally with all of the Company’s other unsecured and unsubordinated indebtedness.
On March 10, 2010, the Company accepted for purchase $200 million aggregate principal amount of the 2013 Notes pursuant to the terms of a tender offer that commenced on February 3, 2010. The tender offer was funded with proceeds from the issuance of the 2018 Senior Secured Notes.
On March 15, 2011, the Company repurchased $50 million aggregate principal amount of the 2013 Notes at par using proceeds from the issuance of the 2019 Senior Secured Notes. As of December 31, 2012, $250 million of the 2013 Notes remain outstanding. U.S. Bank, National Association replaced and succeeded Bank of New York Mellon as Trustee on January 24, 2012.
The Bankruptcy Filing constituted an event of default under the 2013 Notes. The creditors are, however, stayed from taking any action as a result of the default under Section 362 of the Bankruptcy Code."
Kodak is already trading as EKOD:
http://investorshub.advfn.com/Eastman-Kodak-Company-EKOD-27281/
New symbol KODK starts trading on
Nov 1st on NYSE
MK
Turtle, I have worked contract work at Kodak Park in the past,many friends of mine too. Been in tons of building's at Kodak Park that are no longer there any more. Most all of those torn down to parking lots & turf. Grew up in the SE Burbs of Rochester. Frankly Kodak's bankruptcy pulling healthcare benefits & retirements devastated the community.
I don't know what they can pull out of their hat to make anything work after the big 1st Brain drain deal packages years ago, it started folding like an accordion. I'd love to see it, but I'm not sure they can really make Kodak anywhere close to half of what it was.
But a few good spikes from the PR's with a good plan could be fun to ride but that is all I would do personally & that is a maybe.
It was mid-day Sep 3. Last trade .0299
What was the last day and last price?
"Old shareholders get nothing."
I think young and middle-aged shareholders also got nothing.
Bad joke....sorry.
Thx,,Will keep an eye on er',
Glty.
Yes, thats all in the POR. Old shareholders get nothing.
Would Restructure offer new Stocks-to be Issued?
thanks,btw...
It never left. Still a multi billion dollar business.
Now,,I hear a few folks say,EK's coming back?
Rummors?? Or,,just wishful thinking from some folks?
I cringe...Hearing that though since the stock
just recently sht the bed...
Anybody hearing...Anything?
jmo,
Glty&a.
(fka EKDKQ)
LOL, sounds like it was EK exposed!!!
So they wiped out the old commons, how common :(
LOL someone had already opened the camera and exposed the film. Came out black.
So what finally happened here, was it a Photo Finish? I was not following.
Love your comment
Right and Perez will graciously stay on as CEO for another year. Should be enough to plunge this into BK for good.
and all glory to Perez and Blackstone
so whos excited about investing in the new kodak
Hear, hear... Hear, hear!
Kodak...George Eastman,~you're probably
wondering what ever happened to
all of your busy shops,the entire Business,
& all of those old-long timers once employed...
at Eastman Kodak Park?
Well George,,the 'sad' fact...is
so are we!!
R.I.P
Gl,(to all investors).
ADIOS fellow contributors, C.U. in the next life
Completely formatted. Never back...
hardasset, I thought that was what you meant.
Every Rochester N.Y. news station has been mentioning the cancellation fact for at least the last 6 months. Good luck to all and might as well move on.
Don't blame EKDKQ.... Blame who u followed here or listened to.
NP87C
More than likely Kodak will start trading as EK back on the NYSE when the new shares are released. Only traded on the OTC because that's where all bk fallen angels go.... with the resurrection however, things should be as they were before the bankruptcy in terms of where the shares trade.
Just for clarity if some reads this and doesn't realize what i'm talking about.... new shares have nothing to do with old shares.... old shares are dead and gone
I had to go back and clarify something - EKDKQ shares will never relist. They are gone forever. Eastman Kodak will create a new ticker symbol and CUSIP for the reorganized company.
A profound question, Belleso. I'm gonna go out on a limb here and declare that KODAK's common shares were cancelled yesterday, exactly as the BK Judge stated would happen in this filing, which is still posted as a sticky-note so that ALL readers could avoid losing the entire value of their EKDKQ shares.
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
__________________________________________
http://www.kccllc.net/kodak/document/1210202130815000000000008
Why the value of EKDKQ in my account disappear?
try to sell it..lol
I hope whomever was trading this today managed to get out. I did see that nice 20% bounce in the late morning but didnt think that was worth the risk in possibly getting caught in the halt cancellation. Good luck to all.
linco418, no. There is not a specific date at this time.
He have a date for the release?????
Gotcha. Did my DD and fortunately hedged and sold most off, but did get left on the hook for a small volume. Oh well......
Kodak Emerges From Bankruptcy, Cancels Common Stock http://www.go-tst.com/owVNJ
linco418, this information has not been released.
What the new symbol of kodak and what is this price ??????
hardasset, thanks for helping me better understand. I have never owned any shares of this company. I saw the ticker change in my Favorites and thought I would get some insight. What exactly does "fka" stand for?
otcbb.com Daily List is the place to go to look for symbol changes, additions, and deletions. It does not mean EK will relist on the OTCBB.
company's old stock will be able to write off the loss on their taxes.
USAToday one hour ago http://www.usatoday.com/story/money/business/2013/09/03/kodak-bankruptcy-emerging-today/2756841/
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2012 - Kodak entered Chapter 11 reorganization and embarked on a series of changes that will focus the future company on commercial markets. The changes included phasing out the digital camera business, and selling assets of the KODAK Gallery (on-line photo services) and Cinesite (Kodak's subsidiary for motion picture effects).
The company also announced plans to sell its Document Imaging and Personalized Imaging businesses. The latter is composed of Retail Systems Solutions (including kiosks and in-store processing solutions), Event Imaging Solutions (including theme park imaging), and Paper & Output Systems (traditional photographic paper and still camera film products).
Toward year's end, the company announced agreements that would bring it approximately $525 million for sale of its digital imaging patents .
♦Ten new commercial technologies were introduced at the drupa trade show in May, including the KODAK PROSPER 6000XL Press, a commercial inkjet system capable of printing 1,000 feet per minute; the KODAK FLEXCEL Direct System, for producing in-the-round sleeves for flexographic package printing; and KODAK SONORA XP Process Free Plates that provide the quality, productivity and print capability of mainstream plates without processing equipment or chemistry.
♦ KODAK NEXPRESS Red Fluorescing Ink received the industry's prestigious 2012 Intertech Technology Award. The ink is virtually invisible when printed but shows up under ultraviolet light, and is used for fraud protection on printed documents and promotions.
♦ Kodak negotiated new contracts for motion picture film with four key motion picture studios: NBC-Universal, Paramount, Disney and Warner Brothers.
♦ As part of an effort to extend use of Kodak's commercial inkjet technology through partnerships, Timsons Printing Machinery developed the TIMSON T-Press. Powered by KODAK Stream Inkjet Technology, it's the fastest, widest digital inkjet press available for black-and-white book production.
Eastman Kodak Co. (EKDKQ) said its full-year loss widened in 2012 compared with a year earlier, logging heavy restructuring charges during a bid to reorganize.
A judge last week approved changes to the company's bankruptcy-financing plan, giving it more flexibility of time and money as it seeks to emerge from bankruptcy in mid-2013. Kodak filed for Chapter 11 bankruptcy protection in January 2012.
For the full year, the company reported a net loss of $1.38 billion, compared with a loss of $764 million in 2012. The latest year's results included $1.07 billion in reorganization and restructuring charges, compared with $118 million a year earlier. Revenue decreased 20% to $4.11 billion, while overhead costs fell by $226 million.
The company ended 2012 with a cash balance of $1.14 billion.
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