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Is the adjournment of the Equity Committee a standard practice? Why the cloak of Redaction? If this was the first time this was in the docket, why put it in hold? There are real shareholders right now that are seeking court approval to be recognized as a party in deciding how the shares in the new company would be structured to fairly compensate shareholders of the common stock. They don't need the plan of anything except to be granted standing in the future meetings with other recognized creditors. To suggest that this delay is not out of the ordinary is misleading. Be wary that the granting of Equity Committee standing in the reorganization of stock structure has been delayed. The time between now and then is time available to obscure what is going on behind the scenes. Again, what needs to be Redacted in delaying or adjourning a motion for being granted Equity Committee standing or status?
Thanks for sharing your optimism. It seems like a bright future. NTEK will need more than that to be successful. They don't own the Intellectual Property for 4K. So, revenues is the wrong metric to gauge their success. How much money do they have after paying licensing to Canon and other companies? How you seen audited financial report? Go by that rather than some executive who makes lots of money buying shares. Good for you if your buy-in is much lower than the current PPS.
I will check it out. Thanks.
Not seeing the value. I pulled my buy order. Waiting for lower buy-in.
Good match of products and services. Oracle is heavy on data warehousing and analytics. Interested in learning more about land and air options for Gogo.
Great interview. Makes me want to buy some shares of GLUU.
Has my theory of about the dissolution of the Equity Committee been confirmed? If so, we know that Redaction can take place when the terms of a settlement are not to be disclosed. Put another way, if the average investor knew the terms of this settlement they would want a piece of that action. If PPS of this stock starts to creep downward, this might confirm that the fix is in. Sorry to burst bubbles, but this is the BK court process at its finest. Write your congressman if you lose money on this stock. We need reform of BK code.
PPS should go up when dividend goes down on a growth stock. Is this a value stock?
Thanks for sharing. P seems to be holding value; even if overvalued from your perspective. Not sure how premium subscriptions are fairing. I have free service but haven't used it for over 5 months or so.
Why? Pray tell.
Who plopped down 3 dimes for those 1000 shares?
You were silent until I made the comment.
Nice rebuttal. Thanks for setting the record straight. I caught your Repugs comment too.
Nice take on things. Thanks for sharing your bullish sentiment.
I hope you are in the black. SOUP was a much higher price when I first started following the stock.
Likely, Bush and Rice.
Are you talking about reducing the price of drugs being sent to 3rd world countries? It is not illegal to buy stock or warrants or lend or borrow money between corporations or live entities. What do believe this conspiracy aims to achieve? World domination in pain relief? [Dr. Evil laugh] Are you kidding me?
That is illegal in the USA. People go to jail for fixing prices on anything. All it takes is for an aspiring DA or Federal Prosecutor to even think they smell a whiff of criminal enterprise and people learn that RICO is not a territory of US that you can travel to without a passport. I'm long WAG and I may be a few more shares in the next week or so. If you are not short, can you sell your shares, so I can get a good price.
That is all a matter of who is in the White House. If Repubs regain, this stock will go to the moon.
Ok. It's like I thought. Do you know who was taking the lead for the Equity Committee? Often, it is a shareholder that has a large share of 2% or more of shares, someone representing the interests of same, or a group of shareholders that have combined 2% or more of shares. I hate to be the bearer of bad news, but likely they were bought out. The Equity Committee as an organized entity has been co-opted in the BK courts much in the same way that the Federal Judges who have strict rules for redactions have been co-opted. If they were bought out, the next time you see Equity Committee on the docket, there will be words to the effect that the Equity Committee has withdrawn their claims or waived their rights to be represented in the BK proceedings. Without Equity Committee the common shares will be canceled with no proceeds and new stock will be issued post-BK.
I hate to break the news to you, but you are being spun. This is the equivalent of showing raw meat to ravenous wolves or blood in shark infested waters. These so-called clinical services have been around for decades. And, the people performing those clinical services were much less qualified than today's Nurse Practitioners (NP) and Physicians Assistants (PA). Take time to look into the training these people get before they are able to carry the titles of NP or PA. I would rather an NP or PA talk to me about my symptoms and prescribe a treatment than to wait on a doctor to have an open appointment that I can be overbooked into. As for the so-called chronic diseases of Asthma, Diabetes, or Cholesterol, people have been able to get screening for these at health fairs at a local high school or mall for at least a decade. Walgreens and other drug stores recognized that they could offer more qualified service providers at factories and corporate headquarters. Seems to me to be good business with or without a secret leaked memo.
The docket for that day has to be public. What were they scheduled to cover on the day in question?
Is this company going through same phase as Krispy Kreme Donuts? I live in Michigan. Apparently, I could order online or drive to Chicago. Expansions possibly not done smartly. I might buy this stock at a lower price.
Just back to see if any buyers of FUN started posting here yet.
I'm back. What is happening here? Is it soup yet?
I guess it would blow your mind if I said that I ask the pharmacist at Walgreens which OTC medicine is best to take. That saves me a trip to the doctor and his NP, not to mention the cost of a co-pay for an office visit. Booyah.
Your rants are random. Are you short? Did you lose money? Where are you coming from? I'm really looking for a good reason to not put you on ignore.
Redaction is used by the government to protect the identities, statements, actions, and/ or directives of those in positions of power, authority, and/ or jurisdiction. When used, it is a sure sign that someone would likely be incriminated or their very lives might be at stake if those details were known. If it has to be hidden, someone has made the case that they don't want to go to jail and they don't want to die. Other explanations might include: hide it from competitors, hide it from vulture capitalists, hide it from shrewd investors, etc.
Looking forward to my first Q success.
Good to know that it is possible for shareholders to get their fair share in bk. Ggwpq has to be rare though.
So, how does it work once there is a Plan of Reorganization. Do they remain a separate entity or subsidiary of a parent company? Also, do none US assets have their own stock ticker?
I didn't know only US assets in bk. That is huge.
I am not sure dilution is the best way to think of drugs stores, or gas stations, or grocery stores. These businesses thrive on customer loyalty, convenience, and matching product quality with price paid. They get more business by weekly sales or other perceived bargains. If their competitor offers a lower price, sometimes they agree to match the price so you spend money with them. If done the right way, they can forecast their sales with confidence and accuracy.
Good points. Proof of Claims, Equity Committee, sell at loss, or do nothing seem to be the only choices. If it makes you feel any better, write your US Reps and Senators. GLTA.
So, the lawyers made a motion to the judge to seal the record and the judge found not reason to deny the request. That means the judge set precedence or followed precedence. Those are the only two options. As many a shareholder has learned, this process is not about them. So, no one cares what shareholders know or don't know. It might be of interest to an Equity Committee, but more times that not the persons leading that charge or quickly bought off and abandon the cause within one or two hearings. You are only left with running your scenarios or any others to make decisions.
For canceled shares, I thought these were the possible outcomes:
1. Reorganization; shares are canceled and converted to new shares
2. Reorganization; shares are canceled and no proceeds
3. Liquidation; shares are canceled and set up in escrow and proceeds may be paid once all debts are settled if any monies are left over
Special case: Merger takes place and shareholders of company in bankruptcy gets distribution of shares from acquired company. But, will exit bankruptcy under one of the three options given above.
It could mean a possible bid from another company to buy some part of the business. More digging could reveal the hidden details. The hidden part might be a major piece of Plan of Reorganization (POR). What Chinese company would want to buy parts or all of Exide?
I went back through posts. $200 IPO to $0.50, was there ever a class action lawsuit?
What was the price at R/S? What is the real problem with this company? Is it a pinky or just trades like one?
Is there really such a thing as unlimited loss? Of course, you could lose more than the premium paid to you on a short, but that isn't unlimited unless the stock price goes to the moon!