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THall...AMLH has not been a SEC filer since 2008. I think you mis-spoke there.
UMS is leasing the property in Georgia where they have their headquarters. Instead of signing a new lease they are making extensions to the old lease. This extension takes them through Oct 1.
Why do I get the impression they will be moving to Texas when this is all over. My thought is...why not just sign a new lease? They may just be holding onto this property to meet the bk venue requirements.
Motion to extend Corporate lease yesterday approved today until Oct 1. Everything is falling into place. Would be nice if we could see the 9/20 filings early.
I doubt this. You can keep repeating it daily however like you have been.
It will stay where it is until the filing comes out. The extension is only 5 calendar days.
I sold my position here a few weeks ago.
They need to get it together that's for sure. I was not planning on sitting here for months just to recover my initial investment but it looks like I am stuck for now. Very disappointed in this one.
Email from IR...
You mean this?
Filing is out. One important difference this quarter...
From March Quarter End...
Correct..although they are few. I can generally tell when someone is female based on how they post. Stayinin is male.
That dancing banana gets me every time. Hilarious!!!
Really?
LOL...
911 trades are from investors. Anyone that's been trading stocks long enough knows it bullshit. Funny though.
Riiight! I say that every time I see T-Mobiles name on those court papers. Big ol scammers.
Nice catch Able...so the TMobile claims take priority. That is a good sign. Looks like the issue with priority has been worked out here. Very encouraging.
Excellent. Thanks pb.
PPS won't be doing much of anything for a few weeks. Glad I'm not a flipper. Not much money to make here until the next hearing.
If its nothing...it would shock me. Makes no sense that TMobile is putting up with the things that UMS, Lee, Levy and Foxx have been doing for no good reason. In that case I would have told them to FO months ago.
I don't know why TMobile doesn't just throw some money at this and get rid of Lee, Levy and Foxx.
Doesn't make sense that they are probably spending more on attorneys than the actual stalking horse bid.
I don't expect that to be updated until they figure out the Foxx conundrum.
They have a year before it is revoked. Non-issue IMO. They owe 1600 and some change.
Perfect example beer. Its the reason T-Mobile has questions and the judge wants all the details spelled out by the 20th of September. Enough passing the debtor around like a hot potato.
The judge is asking for clarity at which time she will determine if this case is even warranted. UMS, Lee and Levy have a big weight on their shoulders. I don't think they are ready to just write off the last two years and call it done.
Its my opinion but it wouldn't make sense to me for them to do that.
They didn't need to update shareholders because it wasn't a material event that they needed to notify shareholders about. Like I said yesterday that filing did not come from Lee or Levy. Mistake? Who Knows... We'll soon find out.
Agree with this.
You are WRONG! T-Mobiles attorney WORK FOR TMOBILE!!!!!! They are not calling the shots here.
Also...they are disagreeing FOR A REASON!
Do you know why UMS is doing what they are doing? NO!!!!!
The COURT IS SETTING A HEARING TO DETERMINE AN ENDING DATE HERE AND THE COMPANIES NEED TO COMPLY.
THE COURT WILL NOT EXTEND UNLESS ITS A DAMN GOOD REASON AND ARE NOT AT THE BECK AND CALL OF THE ATTORNEYS.
Spewing gloom and doom here to get cheap shares is not my game. I ran out of posts yesterday because I have to keep repeating myself.
THE ATTORNEYS DO NOT DETERMINE THE EXTENSIONS...THE COURT DOES...NOT THE ATTORNEYS...THE COURTS...AGAIN...NOT THE ATTORNEYS....
THE COURTS!!!!!!!
UMS is considered a small company filer due to the total assets that belong to the company and are generally only allowed to extend for the shorter period. Only if there are extenuating circumstances can it be extended but it has to be a damn good reason.
Also...the COURT is the one that extends the date...not the attorneys.
In addition...the attorneys work for the companies they represent. The companies will be trying to limit this expense as much as possible...not allowing the attorneys to drag it out.
Because one of those documents was filed by Lee and the other was not.
This is my last post for today. #15 and out.........
Lets see what happens. My guess is that its not. But we should hopefully find out with the next hearing.
pb...in ref to your other post..did it about 30min before you asked. Also agree on the sentiment.
In regard to the October reference...and someone correct me if I am wrong...Chap 11 cases can be extended up to a period of 12 - 18 months beyond the initial 90 days. 12 months would be the end of October. She probably just said 10-31 to keep it clean rather than Oct 21.
Filed July 21st
90 days ended Oct 21st
12 mos is Oct 21th, 2017
Makes sense so I'm going with that.
The impression I got of this upcoming hearing is that the judge will set the deadline for the filing of the plan and approval and then that is it. No more finagling the Org structure. Levy and Co is lucky TMobile hasn't told them to take a hike yet.
LOL...that about says it all.
Yeppers beer. TMobile wants clarity. I've wasted numerous posts here saying the same thing over and over and over again.
The reason I posted that is to show that
ITALK IS A MANAGER OF THE DEBTORS SUB. ITALK IS LISTED AS THE MANAGER OF THAT SUB. THEY ARE RIGHT THERE ON THAT FILING...ITALK....SHOWING THEY ARE A MANAGER OF THAT SUB.
Anyone reading the posts on that link can see that he is saying GTFO to the other poster...and is very supportive of this stock on Twitter.
Thanks for the link. It clarifies your post as being manipulative.
Anything for cheap shares. Too late! Filing will be out soon and news is coming.
If they do file an extension it is still considered to be on time but they have to have it in by the 21st.
There is a review but the CEO does not do the work. You implied he was playing videos and not getting the filings done. He does not need to sit over the shoulder of the Accountants and make sure that every move they make is correct. The CEO reviews once done and provides notes to the financials.
I have worked in this industry for over 20 years as an Accountant. The CEO is not involved until the reports are complete.
Email from IR on filing...
I rarely use this email but used it to send questions for the last video from Christian. I just checked it today.
Have to agree here that ppl will be caught off guard when news is released. We know the filing is coming so there is news that will follow. The 14th is next Monday...so right around the corner.
Christian is not the company accountant is he? The accountants do the work and the CEO signs off on it. Also, this is a company in the video game industry.
That's like criticizing Mark Zuckerberg for posting on FB. lol
It is due 45 days following quarter ending or 8/14. If they file a NT it is due 5 calendar days from the 14th or 8/19. Since that is a Saturday it is due the next filing date or 8/21. Let's hope they file on time this time. I believe that may be the reason for the yield sign. Not 100% sure on that though.
Agree. Very frustrating. But 9/20 will be the date the judge sets a final date on all of that back-tracking and entity flipping.
If UMS or TALK is paying a consultant to get them through this process they need to fire them immediately for their ineptitude.
I think its obvious that some clarity is needed here. The current and future structure of this company is unclear to say the least. Its the reason for the delays at every turn.
Hoping that future court docs make that more clear for everyone.
No ...iTALK Inc is listed as the manager. My point in posting this is that it shows that Lee and iTALK are still working together as of May. Both are listed as managers.
In regard to removing iTALK...that was in the disclosure as of March saying iTALK stores would be transferred to UMS. So that's been out there and posted to this board for 4 months now. Not sure why it keeps getting mentioned like its a recent happening.