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Potentially I could be a millionaire over night....LOL
Is the ask even moving at all. Cant see my L2
COWI get DTC chill lifted:
CoroWare Announces "DTC Chill" on Its Common Stock Has Been Lifted
KIRKLAND, WA--(Marketwired - Oct 21, 2013) - CoroWare, Inc. (OTCQB: COWI) announced today that the Depository Trust Company (DTC), has lifted the "Deposit Chill" on the Company's stock effective September 26, 2013, and has resumed accepting deposits of CoroWare's common stock for book entry transfer services. All deposit restrictions have been removed, and the Company is now once again fully "DTC Eligible", and has resumed electronic trading of the Company's common stock.
Yea, me too....Good luck.
Some more info:
Investopedia explains 'Chill'
Owned by many financial companies including the New York Stock Exchange (NYSE), the DTC acts as a clearinghouse for stock exchange securities, settling trades in corporate and municipal securities. If the DTC has cause to be concerned about a specific security currently processed through its system, it may place a "chill" status on the security. This will restrict brokerages' ability to transfer the shares or units of the security through DTC until the security's issues are cleared up or it ceases trading on the market.
At least it opens up opportunities for people to invest now. I know a lot of brokers block stocks that have DTC chill on them. Will just have to wait and see.
Here is the definition.
Definition of 'Chill'
Special restrictions that can be placed on a given security by the Depository Trust Company (DTC). Chill restrictions are intended to limit the potential for problems within the financial marketplace, and can be placed on a security for various reasons.
Geese....Am I looking at that right. 200 million volumn today. I just noticed it.
Same here. Will go play some blackjack and win my money back or at least have a good time losing it. Possibly get a few drinks to boot....LOL
I know. But I don't have much tied up on this one. But should have known better. GLTY
Just hoping for the best. Kinda stuck now. No worries
Why? Its worthless anyway....
I'm still here. Dont know why though.....
Everyone probably just holding
I believe that would all depend on if they are bought out or if the common shares remain. I dont believe anyone will know that right away. IMO
Bankruptcy was announced on monday. What is everybody panicking about here?
Good
What a pathetic POS this has turned out to be. Maybe they need to do another RS and then drive it back down again. Geese.....
NITE needs to get out of the way!!!
Yea, looks like NITE is stock blocking us....LOL
100m at 5. Come on, you will never get them. Move em on up to 6.
100m at 5. Come on, you will never get them. Move em on up to 6.
You must be one who got in at .01
Sorry you didnt get out sooner.
Same guys go into a bar. One guy tells all the other guys to wait for price to drop and buy into the stock. A few days later it goes up 10%. It continues to do this over and over for three months. All the guys meet back up at the same bar and compare how much each of them had made. An innocent bystander says the stock is a scam. They all laugh at him and buy him a drink for not knowing how to trade stocks. End of story.
Seriously, After the 1/50,000 split would make the pps $5.00
If they cannot sell shares at .0001 what makes them think anyone would pay $5. Unless I am completely off base here. JMO
12x13....Wow that really looks terrible doesnt it....LOL. Go RAYS!!!!
Who cares about product or if they are even in business. People are making money here!!!!
Talk about taking a dump....damn....83m in 45 minutes
I think most of us would be out way before then....
Nice paint job
There is life....
LOL, yea will create a saftey hazard for sure....
I agree. Lets hope for the best. GLTY
Cheapies on sale now at .0004 Get'em while they are hot!!!
“The continued interest in the Company and brands demonstrates their significant value. We will continue to work diligently through this reorganization process to serve the best interest of our stakeholders
KPS Capital Partners Agrees To Acquire Furniture Brands International
12:23p ET October 3, 2013 (PR NewsWire) KPS Capital Partners, LP ("KPS") today announced that, through an affiliate, it has entered into an asset purchase agreement with Furniture Brands International, Inc. (OTC: FBNIQ) and certain of its wholly-owned subsidiaries (collectively, "Furniture Brands") under which KPS will acquire substantially all of the assets of Furniture Brands, including the company's Lane business, for $280 million. The agreement was designated by the United States Bankruptcy Court for the District of Delaware as the lead bid in a Court-supervised sale process under Section 363 of the Bankruptcy Code and replaces a competing bid that did not include the Lane business. Furniture Brands filed voluntary petitions under Chapter 11 of the Bankruptcy Code on September 9, 2013.
KPS, through an affiliate, has also agreed to provide Furniture Brands with a $190 million Debtor-in-Possession financing facility (the "DIP facility") to support its operations. The DIP facility, which has received interim court approval, will ensure that Furniture Brands has sufficient liquidity to continue normal operations and continue to meet its financial obligations, including the timely payment of employee wages and benefits, continued servicing of customer orders and shipments, and other obligations. It is expected that the DIP facility will receive final court approval at a hearing scheduled for October 11, 2013.
Raquel Vargas Palmer, a Partner of KPS, said: "We are pleased to reach this agreement to acquire substantially all of the assets of Furniture Brands. We believe there is exceptional value in the Furniture Brands businesses that can be realized through considerable operational improvements and focused investments behind all of the company's brands. The KPS transaction is fundamentally and structurally different than the proposed transaction entered into by the debtor at the time of its Chapter 11 filing as it keeps all of Furniture Brands' businesses together and positions the Company for long-term success in its markets."
Ralph Scozzafava, Chairman of the Board and CEO of Furniture Brands, added: "KPS provides us the financial flexibility and operational expertise to emerge from this process a strong standalone business positioned for future growth. We look forward to working with the KPS team to return our business to leadership positions in our targeted markets for the benefit of our employees, customers, suppliers and business partners."
This will have to stay at or just below .07 to maintain the $1 pps after the split to stay in compliance with Nasdaq
Amazing that you can trade almost 1 billion shares and drop 20%.
Thar she blows!!!
Give me some of them 9's!!!!!