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UYMG>>>Must read, from UYMG's board!
UYMG these are the companies UYMG is dealing with
Pfizer, Merck, Bristol Meyers, Amgen, Bend Reasearch,Purdue Pharma,Hoffman Laroche, ISP,Boeringer Ingelheim, Exelixix, Watson Labs, Aqualon, Astra Zeneca, Schering-Plough, Novartis, Abbott Labs, JCMCO, Mendel Company, Cobalt Pharma, Medelpharm, Patheon,Sanofi-Aventis,Barr Labs, Covidien Pharma, Forest labs, Azopharma, and Genzyme.
Deeeeepppp pockets.
Spy...are you kidding me, hedge funds and professional traders do not buy .05 stocks. Phew!
"every hedge fund and professional trader on WS would have been buying non-stop since last Thursday and this would be a $2.00 stock right now."
I spoke to a lawyer whom I know, who specializes in corporate bankruptcies, and he did a little DD on this company for me, and he said that there is a GOOD chance that the commons will not be cancelled. Of course this is just his opinion, but I will take my chances...there are no rewards without some risks!
I expect some kind of follow up news by Monday, it should be good as far as this stock is concerned. IMO
Calm before the storm!
UYMG>>>Up 50% already, this is a multi bagger in the making!
UYMG>>>Up 50% already, this is a multi bagger in the making!
UYMG>>>Pfizer, Bristol Meyer, and other big pharmaceutical companies are doing business with this company!
UYMG>>>Pfizer, Bristol Meyer, and other big pharmaceutical companies are doing business with this company!
UYMG>>>Exploding...Looks like something is going on, stock is moving up quickly right now.
UYMG>>>Exploding...looks like something is going on, stock is moving up quickly right now.
UYMG>>>Looks like something is going on, stock is moving up quickly right now.
Some idiots were falling allover each other to sell...now they scramble to buy at these levels. Go figure!
Yahoo just posted the news at 2:32, now more poeple will be alerted!
Court OKs TerreStar's $1.38 billion sale to DishReuters(Thu 2:32PM EDT)
TSTRQ>>>Huge news out...
"Emerge from bankruptcy is the key word, Q is coming off, and commons are intact. IMO
(Reuters) - A bankruptcy judge approved on Thursday TerreStar Networks Inc's TSTRT.UL plan to sell itself to Dish Network Corp (DISH.O) for $1.375 billion.
Judge Sean Lane made the ruling at a hearing at U.S. Bankruptcy Court in Manhattan, paving the way for TerreStar to emerge from bankruptcy after nearly nine months.
The deal will be the third major bankruptcy acquisition for Dish in 2011, following its $320 million purchase of Blockbuster Inc (BLOAQ.PK) and its $1.4 billion purchase of DBSD North America.
(Reporting by Nick Brown, editing by Gerald E. McCormick)(Reuters) - A bankruptcy judge approved on
"Emerge from bankruptcy is the key word, Q is coming off, and commons are intact. IMO
(Reuters) - A bankruptcy judge approved on Thursday TerreStar Networks Inc's TSTRT.UL plan to sell itself to Dish Network Corp (DISH.O) for $1.375 billion.
Judge Sean Lane made the ruling at a hearing at U.S. Bankruptcy Court in Manhattan, paving the way for TerreStar to emerge from bankruptcy after nearly nine months.
The deal will be the third major bankruptcy acquisition for Dish in 2011, following its $320 million purchase of Blockbuster Inc (BLOAQ.PK) and its $1.4 billion purchase of DBSD North America.
(Reporting by Nick Brown, editing by Gerald E. McCormick)(Reuters) - A bankruptcy judge approved on
TSTRQ>>>Biggest stock on the pinkies today. New out today about the buyout by Dish network.
TSTRQ>>>Biggest stock on the pinkies today. New out today about the buyout by Dish network.
TSTRQ<<<Could be a 20 cent stock by Friday, buyout news tomorrow, or Friday.
TSTRQ<<<Could be a 20 cent stock by Friday, buyout news tomorrow, or Friday.
TSTRQ is taking off like a rocket. Not easy to get filled, so do not wait too long to jump in!
TSTRQ is taking off like a rocket. Not easy to get filled, so do not wait too long to jump in!
TSTRQ and UYMG>>>the best two stocks on OTC right now! IMO
One is being bought out tomorrow (TSTRQ), the other one (UYMG) does business with the biggest pharmas in the world (Pfizer, Bristol Meyers) etc.
TSTRQ and UYMG>>>the best two stocks on OTC right now! IMO
One is being bought out tomorrow (TSTRQ), the other one (UYMG) does business with the biggest pharmas in the world (Pfizer, Bristol Meyers) etc.
bud foxx...You would not have said it if you were on trial, would you? Like it, or not, you should be proud of our justice system. Sometimes guilty get off, and innocent get convicted, but in the long run it works.
UYMG and TSTRQ...UYMG started the climb back up right now, and TSTRQ is about ready to follow.
UYMG and TSTRQ...UYMG started the climb back up right now, and TSTRQ is about ready to follow.
UYMG and TSTRQ >>>> 2 stocks to be in right now. Will explode again this afternoon, after a slight pull back!
UYMG and TSTRQ >>>> 2 stocks to be in right now. Will explode again this afternoon, after a slight pull back!
UYMG>>>What an opportunity to jump in at these levels. This is a gem of a stock, with 43 million in the float. Doing business with Pfizer and other huge pharmas. Do a quick DD and jump in,
http://investorshub.advfn.com/boards/board.aspx?board_id=9058
UYMG>>>What an opportunity to jump in at these levels. This is a gem of a stock, with 43 million in the float. Doing business with Pfizer and other huge pharmas. Do a quick DD and jump in,
http://investorshub.advfn.com/boards/board.aspx?board_id=9058
TSTRQ>>>May open on Tuesday like NRTLQ did this morning...up 400%. Huge announcement to come out early next week.
TSTRQ>>>May open on Tuesday like NRTLQ did this morning...up 400%. Huge announcement to come out early next week.
TSTRQ>>>S3IfMade...I concur!!!
TSTRQ>>>Looks like TerreStar maybe come out of the bankruptcy
after all. Stock will explode after the announcement.
Dish Network (NASDAQ:DISH) is set to buy TerreStar Networks (Other OTC:TSTRQ.PK) for $1.38 billion after no competing bids were received by Monday’s deadline. The acquisition will go to court July 7 for approval.
TSTRQ>>>Looks like TerreStar maybe come out of the bankrupt
cy after all. Stock will explode after the announcement.
Dish Network (NASDAQ:DISH) is set to buy TerreStar Networks (Other OTC:TSTRQ.PK) for $1.38 billion after no competing bids were received by Monday’s deadline. The acquisition will go to court July 7 for approval.
TSTRQ...I THINK IT LOOKS PROMISING.
By Joseph Checkler
NEW YORK (MarketWatch) -- A judge on Tuesday said TerreStar Networks Inc. could move forward with an auction next week, with Dish Network Corp.'s DISH +1.32% $1.375 billion offer set as the opening bid.
Judge Sean Lane of U.S. Bankruptcy Court in Manhattan approved the stalking-horse bid along with minor changes to the auction procedures he approved last month.
Other bidders have until June 27 to submit offers for the satellite company. If competing bids are made, an auction will be held on June 30 at 9 a.m.
"I wish everybody good luck in the auction process," Lane said in approving Dish to serve as the lead bidder, pointing out that no parties objected.
If Dish loses at auction, it will be entitled to a breakup fee of $27.5 million plus $3 million in reimbursements. The minimum increase for competing offers is $25 million, meaning that any qualified bidder will be paying at least $55.5 million more for TerreStar than Dish would.
Otterbourg, Steindler, Houston & Rosen P.C.'s David M. Posner, a lawyer for TerreStar's official committee of unsecured creditors, said he's looking forward to a "robust auction."
The recovery for creditors under Dish's bid--or a higher bid--would be much better than what they would have received under a prior TerreStar plan.
TerreStar Networks, which is trying to build the first satellite smartphone, filed for Chapter 11 protection in Manhattan last October with a plan calling for secured noteholders, including EchoStar Corp. SATS +0.71% , to swap more than $850 million in debt for nearly all the equity in a reorganized TerreStar. More junior creditors, however, would have gotten just pennies on the dollar and existing equity holders would have received nothing.
The Reston, Va., company scrapped that plan earlier this year in favor of the auction, approved by Lane last month even though the company still didn't have an opening bid at that point.
Dish, controlled by satellite mogul Charles Ergen, is also trying to buy another company currently in bankruptcy court in New York, DBSD Corp.
TerreStar Networks is the main operating subsidiary of publicly traded TerreStar Corp. TSTRQ +78.00% , which itself filed for Chapter 11 protection earlier this year.
TSTRQ...I THINK IT LOOKS PROMISING.
By Joseph Checkler
NEW YORK (MarketWatch) -- A judge on Tuesday said TerreStar Networks Inc. could move forward with an auction next week, with Dish Network Corp.'s DISH +1.32% $1.375 billion offer set as the opening bid.
Judge Sean Lane of U.S. Bankruptcy Court in Manhattan approved the stalking-horse bid along with minor changes to the auction procedures he approved last month.
Other bidders have until June 27 to submit offers for the satellite company. If competing bids are made, an auction will be held on June 30 at 9 a.m.
"I wish everybody good luck in the auction process," Lane said in approving Dish to serve as the lead bidder, pointing out that no parties objected.
If Dish loses at auction, it will be entitled to a breakup fee of $27.5 million plus $3 million in reimbursements. The minimum increase for competing offers is $25 million, meaning that any qualified bidder will be paying at least $55.5 million more for TerreStar than Dish would.
Otterbourg, Steindler, Houston & Rosen P.C.'s David M. Posner, a lawyer for TerreStar's official committee of unsecured creditors, said he's looking forward to a "robust auction."
The recovery for creditors under Dish's bid--or a higher bid--would be much better than what they would have received under a prior TerreStar plan.
TerreStar Networks, which is trying to build the first satellite smartphone, filed for Chapter 11 protection in Manhattan last October with a plan calling for secured noteholders, including EchoStar Corp. SATS +0.71% , to swap more than $850 million in debt for nearly all the equity in a reorganized TerreStar. More junior creditors, however, would have gotten just pennies on the dollar and existing equity holders would have received nothing.
The Reston, Va., company scrapped that plan earlier this year in favor of the auction, approved by Lane last month even though the company still didn't have an opening bid at that point.
Dish, controlled by satellite mogul Charles Ergen, is also trying to buy another company currently in bankruptcy court in New York, DBSD Corp.
TerreStar Networks is the main operating subsidiary of publicly traded TerreStar Corp. TSTRQ +78.00% , which itself filed for Chapter 11 protection earlier this year.
TSTRQ...Flying today, read this.
"To buy TerreStar out of Bankruptcy protection"
BY MIKE SPECTOR
Satellite mogul Charlie Ergen and a group of distressed-debt investors are gearing up for a fight to buy TerreStar Networks Inc. and its rights to a chunk of the airwaves earmarked for next-generation wireless networks.
Mr. Ergen's Dish Network Corp. and TerreStar bondholders including Solus Alternative Asset Management, Stark Investments and MSD Capital are in discussions to buy TerreStar out of bankruptcy protection, said people familiar with the matter.
Well, these shares maybe worth something after all.
TSTRQ...Flying today, read this.
"To buy TerreStar out of Bankruptcy protection"
BY MIKE SPECTOR
Satellite mogul Charlie Ergen and a group of distressed-debt investors are gearing up for a fight to buy TerreStar Networks Inc. and its rights to a chunk of the airwaves earmarked for next-generation wireless networks.
Mr. Ergen's Dish Network Corp. and TerreStar bondholders including Solus Alternative Asset Management, Stark Investments and MSD Capital are in discussions to buy TerreStar out of bankruptcy protection, said people familiar with the matter.
Well, these shares maybe worth something after all.