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makinezmoney post
#2166 that was deleted
THIS Stock is ready to ROCKET again with the way its been
most positively been setup after the RSA
Look for Management to get a PROPER Listing arrangement on it again
after the DIVY Distribution is handled in less than 2wks now.
re: another great post!
$VTGDF: Check the CUSIP Numbers in your Portfolio.
If you have VTGDF shares, then the CUSIP # is.... G93205113
VTGDF Vantage Drilling Company (VDC Ordinary Shares)
If you have VTGGF shares, then the CUSIP # is..... G9325C113
VTGGF Vantage Drilling International (VDI-Stapled Securities)
CUSIP numbers become something else whenever Restructuring or
Reorganizations happen.
But as I see it... Legacy Outstanding Shares is around 660k Ordinary Shares.
And now with the conversion upcoming on December 3, 5Million will
turn into 13Million with the Notes conversions which is going to
reflect all NOTES.
Then One week after, ex-Divy Date will roll in.
And then after that, Divy's will get doled out.
So.......... my belief is that Divy's will get paid out.
There's alot of DIVY money there.
ALOT !
And the Litigations aren't all completely settle either.
SO $VTGDF is being used as a vessel to accomodate distributions of
DIVY's for legacy Shareholders as that arbitration award was applied
to the applicable Vantage subsids
If anyone wants to dispute that then, then I suggest you call.....
Thomas J. Cimino
Chief Financial Officer
Vantage Drilling International
(281) 404-4700
He will give you more answers on what you seek
http://vantagedrilling.com/wp-content/uploads/2019/09/Pareto_2019_Vantage_Presentation-Final.pdf
also read all makinezmoney posts
Great Posts!!
http://www.globenewswire.com/news-release/2019/11/19/1949044/0/en/Vantage-Drilling-International-Announces-Notes-Conversion-and-Special-Cash-Dividend.html
https://seekingalpha.com/news/3520321-vantage-drilling-declares-40_03-dividend
Agreed and exactly what I said last night in the below post. And chico says I'm making things up, all the math is there. I also never said we would get a dividend. I said our company VTGDF is receiving a dividend of 26.2 mil dollars.
"VDI is VTGGF. VTGGF is made up of 4.4 mil stapled securities and 5 mil ordinary shares of VDI aka VTGGF. The filings and news releases confirm this.
The difference between 5 mil and 4.4 mil there is the 655k that VDC (aka VTGDF) owns. Our shares do not have any stapled attachments with them.
The news release states VTGGF aka VDI is issuing 8 mil new shares to satisfy all notes and the stapled securities, leaving a new outstanding balance of ordinary shares at 13 million. This is for VDI aka VTGGF. VTGGF currently has 5 mil outstanding ordinary shares, and after dec 3rd they will have 13 mil outstanding ordinary shares. No new stock symbol, same company, just adding 8 mil shares to it.
Then on Dec 10th there will be a $40 dividend issued to each of the 13 million outstanding (ordinary shares) of VTGGF. We now own 655k shares and that is what we will own after the Dec 3rd conversion. So we will be getting $40 x 655,000 = apprx $26 million in dividends.
Whether we (the legacy shareholders) will get that $26 mil in a dividend from VTGDF, it is possible, but I don't know. VTGDF is still in liquidation (4 years now), but the thought is, that this is what they have been waiting for to close it up. This will prompt the final payout to legacy shareholders.
All debts of VTGDF were transferred to VTGGF in 2016. Common shareholders of VTGDF are the only one's with any claims left in the bankruptcy process, and we may be looking at a very nice buyout. Our equity (655k shares) in VTGGF is worth at least $61 mil. We have a receivable from VTGGF worth $17 mil. And we are receiving a dividend of $26 mil.
Add that altogether and we have $104 mil in assets vs some lawyer fees in liabilities.
So common shareholders of VTGDF should be due for at least a $0.33 buyout per share ($104 mil assets / 311 mil OS) in my opinion :)." https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152587409
Not only is VTGDF getting $26 million dividend for our 655k shares in VTGGF, but we are also owed $17.278 million from VTGGF based on their latest quarterly.
So we are looking at $43.278 million in receivables this month, that we know of. That is the bare minimum, we could be getting more from the settlement. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152565643
Thanks T4KingOff
Not only is VTGDF getting $26 million dividend for our 655k shares in VTGGF, but we are also owed $17.278 million from VTGGF based on their latest quarterly.
So we are looking at $43.278 million in receivables this month, that we know of. That is the bare minimum, we could be getting more from the settlement.
.0206 the battle of getting more shares
good morning
$$$$$$$$$$$
Next up....... Diamond Offshore Drilling or TransOcean making a bid for the company.
grabbed a few more
bids upticking
got my tickets
like i said. go back and read some older posts. you will get a better idea on what is going on.
have a great weekend
go back and read all makinezmoney posts.
Ex-Divy Dec 10th, we are getting closer .02++ coming
Ex-Divy Date is 4 days AWAY.... gotta own shares by TUESDAY end-of-business next week to collect on the Dec.17 !
interesting... merger coming
Ahhhhhhhhhh.... $61.5Million. acquired for
2 subsidiaries in exchange !
See any similarities ? Catch my drift ?
Someone is about to be made whole !
got my tickets...
Ex-Divy Date is 4 days AWAY.... gotta own shares by TUESDAY end-of-business next week to collect on the Dec.17 !
This is way undervalued... LOOK!
http://vantagedrilling.com/wp-content/uploads/2019/09/Pareto_2019_Vantage_Presentation-Final.pdf
$VTGDF
added some today
$VTGDF: Notes-Conversion completing next week on DEC.3
Notes Conversion is on the Stapled SECURITIES.
Expect to see a Filing related to that before Dec.6.
Ex-Divy Date : Dec.10
Divy Payment Date : Dec.17
so damn thin, .03+ coming this week
20,072,008 float
soon to be reverse merger play = new entity coming in this shell
https://www.otcmarkets.com/stock/VNTA/security
$VNTA Next 10 Bagger Custodian Play! Pre-Merger!
01/07/2020 Petition for Appointment
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=r5pVncWbU6ULp7cay-xsiw2&tabIndex=3
$VNTA Next 10 Bagger Custodian Play! Pre-Merger!
01/07/2020 Petition for Appointment
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=r5pVncWbU6ULp7cay-xsiw2&tabIndex=3
$VNTA Next 10 Bagger Custodian Play! Pre-Merger!
01/07/2020 Petition for Appointment
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=r5pVncWbU6ULp7cay-xsiw2&tabIndex=3
setting up for a big move...
grabbed a few
bids upticking/increasing
bids upticking. grab the cheapies IMO!
I'm loaded up!!
better grab all u can under .02, that mean you get less shares for the money once it breaks .02+
READ makinezmoney posts, he laid all the info out for us... even gave the CFO name and number...
bids stacking. grab all cheap shares you can IMO!
re: Call the CFO yourself!
Thomas J. Cimino
Chief Financial Officer
Vantage Drilling International
(281) 404-4700
these guys just want your shares... don't feed them shit!
adding... like what i read!
looks like someone is still short. bids keep upticking lol
GM, 28 board marks...
good morning...
bids moving up.