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ESW is the only option/hope for shareholders!
I'm still shocked Yahoo never made an attempt to bid. I think if ESW wins this could be a stock to hold on to long term. It's obvious they have bigger plans for the company.
I'm curious as to what ESW plans would be. SITO can still win this on Monday.
http://www.law360.com/articles/628511/hipcricket-suitor-sito-outbid-by-esw-capital-in-ch-11-sale
Unless something leaks out, I don't think the paper work of auction will be uploaded until Monday. It's a Friday and damn near 5pm on the east coast. I'm hoping the paperwork gets uploaded in the next 2 hours, if not,this is going to be hanging over my head this whole weekend.
16M isn't bad but 20+ would be GREAAAAAAAAAAAAAAAAAAAAAAAAAAAAAT!
I want to know the decision ASAP. Last weeks hearing was on a Friday, paper work didn't get uploaded until Monday.
You think that any of the people from PACHULSKI STANG ZIEHL & JONES LLP offices can release any information to a shareholder regarding the sale to shareholder? Or is that illegal? I'm considering emailing them in the this afternoon.
Why couldn't do this dumping yesterday? I bought some 20's and thought that was a steal now 13's and 14's are a steal. SMH
Good sir, hope you make out well.
New court filings from yesterday!
http://www.omnimgt.com/cmsvol2/pub_46912/518627_184.pdf (This one is interesting:) )
http://www.omnimgt.com/cmsvol2/pub_46912/518636_187.pdf (This one as well)
http://www.omnimgt.com/cmsvol2/pub_46912/518633_186.pdf
I posted that doc on here. Thing is, that's only TWO of the THREE page of that document. That's just the sign-in sheet lol. Go to the last page, and you'll clearly see who what companies (ESW, YAHOO, Cooley) where really interested.
http://www.omnimgt.com/cmsvol2/pub_46912/518109_178.pdf#page=2&zoom=auto,-99,508
It starts tomorrow, if nothing is done by tomorrow then it will continue on Monday. There's mention of it in the Bar Notice and filings from last week.
Sir, you've provided enough information on this company and I appreciate it. You and a few of us are locked in this stock from weeks/months ago. There's no need for you and others to keep reiterating the numbers and the story behind this company when, it's all been posted for months. If people can't take the time to do a little DD on the filings/court documents, then what the hell are they doing here! Just sit back and watch the action tomorrow and or possibly Monday!
Bar Date Notice that was filed yesterday nothing really big.
http://www.omnimgt.com/cmsvol2/pub_46912/518440_181.pdf
http://www.omnimgt.com/cmsvol2/pub_46912/518443_182.pdf
Respectfully sir, have you done any DD on this stock or any Bankrupt stocks in general or are you just following message board comments?
Yahoo is a billion dollar company and have been interested in HIPPQ for years. I think yahoo wins but this doesn't suggest mean they're going to "overpay" for this. Unless there are other bids, they can get this company for cheap possible under the liability amount.
If the purchase price is above liabilities, unsecured creditors get their before shareholder.
1. Creditors
2. Unsecured Creditors
3. Shareholders
Share holders are at the bottom of the list and will get the crumbs. People are overlooking what the lawyers/administration are going to get out of this. Unfortunately, they have to get theirs before us. That's why I mentioned, the other bidders have to put the pressure on Yahoo to have this be bought in the 20M or more range.
Not necessarily!
Originally, in the filing it says shares were going to be wiped out if SITO won the bid. With Yahoo entering the picture things look very optimistic for shareholders. Then again share can still be wiped out if they do win.
I agree!
The patents are valuable and Yahoo winning the auction can't be enough for this company. The other bidders, SITO, ESW Capitial, Cooley LLP, have to put the pressure on Yahoo to drive this thing into the 15M and over range. Even if that does happen, it all depends on what they want to do with common shareholders next?
I know Yahoo has done alot of mergers and acquisitions but I haven't found out any info on what usually happens to common shareholders.
This isn't a cakewalk by any means for shareholders to believe they're going to get rich off of this.
Regular member here. It'a all about the patent HIPPQ has, Yahoo has tried 2x to buy them out in the last 2-3 years. Also, they've been in the court room over this. Here are 2 Old and interesting articles to look at.
http://www.marketoracle.co.uk/Article33522.html
http://www.marketwired.com/press-release/augme-technologies-announces-trial-date-in-yahoo-patent-infringement-lawsuit-otcbb-augt-1604331.htm
If you sit down and analyze the fins/filings, HIPP is not a "Bad" company in no way shape or form. They had too many greedy bastards in the office which caused the downfall.
I see that 449K on the ask at .003 is still there I see, lol.
Sir, after the players that's been revealed in this, I'm a strong believer that SITO doesn't win this auction.
You have a link to the analyst that reported that sir!
Curious because, I like looking at the opinion of everyone on the case.
This basically SITO (still alive but I doubt wins) vs Yahoo vs ESW Capital vs Cooley LLP.
The next court date is the 6th, if no auction by then, then it will be the 9th.
Definitely by next week, we'll get the final verdict on this.
It was a dumpfest, once we hit 10's.
That 6M dump at the end of the bell, *palms face*
So, we have a list of companies who were at the party on Friday?
http://www.omnimgt.com/cmsvol2/pub_46912/518109_178.pdf
Yahoo
ESW Capital
Cooley LLP
Hmmmmmmmmm.............
Someone just put 1M on the bid at .0015 out of no where.
*proceeds to scratch chin*
I'm actually enjoying that the fact today it's been quiet of pumpers and bashers today. I'm patiently waiting for the court documents to be uploaded this afternoon.
Has to be Rookies/Newbs.
Funny how 2 billionaire, Liemandt and Yahoo are interested in a Bankrupted company. Some think its all BS, then why would they waste there time on a company like this. Even if the PPS fell earlier today, I'm not selling.
Come Monday those 9's will be in the rear view.
I totally agree with that sir!
In any other situation I would've sold but I'm holding. I've done my DD thoroughly and feel different about this company. I'm holding until the "FACTS" come out not, he said, she said, on a message board.
I'm not believing anything anyone "heard" from the hearing until the court documents come out this weekend or monday. Most people on this message board are full of **** anyway.
There were 2 goofballs yesterday that both had 300K plus around .0049 and .005. They were there this mourning and now there gone. Hopefully the clown at .0033 come to there senses and leave as well or sell in 10K blocks.
I co-sign your statement.
All the impatient flippers who want pennies and don't know anything about what's going on, PLEASE take your PROFIT and move on. I can take my profit and leave but, I've done my DD on this the last 3 weeks and feel confident of something "BIG" here. 11:30PT/2:30PT today, the hearing starts and we will get a full understanding of what's going on.
Honestly, I'm not sure but it depends on what they would spend for the buyout. If we can get 15-20M or even more we'll eat good off this one.
I'm actually not surprised I was expecting a pullback from the momentum we build the last 2 days.
I believe there might be an even bigger run considering how things go at the hearing tomorrow. The 20-22 range "might" be a good place to buy at, I'm tempted to reload down here.
I have no problem with those who sold and made profit. Nothing wrong with that IMO.
Tomorrow is the big day where, things are going to be a lot clearer for us. I'm still holding and not selling until I find out what's going from the hearing. We'll find out what Yahoo's motives are regarding Hipcricket.
http://www.omnimgt.com/cmsvol2/pub_46912/517732_172.pdf
See you guys tomorrow!
Holy Smokes!
Those 8's are gone. Possibly we can see 10 by the end of the day.
Sir, just cause the company is bankrupt doesn't mean the company doesn't have any "Value" or can't be bought.
This isn't your regular "Q" stock.