Is throwing matches into plato's cave.
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European Shareholders didnt recieve a ballot to vote for ENZR, again we get shafted. The people i know and myself hold sth around 500k shares of ENZR, not much but certainly worth considering having an impact in a shareholder meeting. And thats only the stockholders i personally know in Germany.
Overall one has to ask how can the CEO and Brent be in multiple companies getting multiple salaries. 45% of income going to taxes, or no!? How can oyu justify 160K+ $ income for a job you can only offer 33% of your total time.
I hope the PEA is good, otherwise i will kick myself for not selling in 2009, rebuying, selling in 2010, rebuying selling in 2012, rebuying today.
From uranium star till today we had good runs, but i'd prefer a better more stable increase of worth, no pump and dump actions
nice comparison riverrock.
any gusestimate how much worth the graphite has for ENZR in 2013 if mining starts...
and to what pps would that translate including the expected dilution aka authorized share increase?
i am old buff on this board, but dont post much. invested here in uranium star when it was at 0,08 cents. Then they found vanadium and i tripled my position at 0,20, now they found graphite and i still hold with an average of 0,20 (euro cent).
With all that ressources i wonder why a huge producer, Alcoa for instance does not show up and buys ENZR for lets say 800 million to 1 bill, or at least makes an offer.
I am an enthusiast of ENZR, but last weeks made me worry sth migt be fishy fue to renewed share increase and the salary development of BOD.
happy new one everyone
wamuq volume USA GER since 9.3.2012
9.03.2012 3,422 Million 1,874 Million
12.03.2012 1,522 Million 0,584 Million
13.03.2012 2,181 Million 2,113 Million
14.03.2012 3,677 Million 1,839 Million
15.03.2012 9,164 Million 2,381 Million
16.03.2012 6,017 Million 2,601 Million
19.03.2012 10,346 Million 3,639 Million
surely some are double trades, some of those shares evade conversion along with some that are cancelled unreleased.
should benefit those who released.
here you see the volume since the original release deadline date.
9.2.2012 2,030 Million 1,725 Million
10.2.2012 2,100 Million 2,000 Million
13.2.2012 1,733 Million 1,484 Million
14.2.2012 6,628 Million 3,635 Million
15.2.2012 4,665 Million 3,553 Million
16.2.2012 2,959 Million 3,402 Million
17.2.2012 15,471 Million 7,817 Million
20.2.2012 -X- 2,007 Million
21.2.2012 7,914 Million 3,950 Million
22.2.2012 3,063 Million 1,301 Million
23.2.2012 2,945 Million 4,295 Million
24.2.2012 1,172 Million 0,745 Million
27.2.2012 4,614 Million 1,574 Million
28.2.2012 2,990 Million 0,754 Million
29.2.2012 1,330 Million 0,945 Million
1.03.2012 0,863 Million 0,972 Million
2.03.2012 2,643 Million 0,705 Million
5.03.2012 5,877 Million 1,176 Million
6.03.2012 13,507 Million 7,242 Million
7.03.2012 6,947 Million 3,036 Million
8.03.2012 9,588 Million 5,461 Million
9.03.2012 3,422 Million 1,874 Million
12.03.2012 1,522 Million 0,584 Million
13.03.2012 2,181 Million 2,113 Million
14.03.2012 3,677 Million 1,839 Million
15.03.2012 9,164 Million 2,381 Million
16.03.2012 6,017 Million 2,601 Million
19.03.2012 10,346 Million 3,639 Million
true, but still those that did trade must be taken out from the distribution sheme...
Can we asumme that all shares traded yesterday/today do not count as released and if so will be surely excluded?
taking the the three days to settle/ release into account (maybe institutional investros had more time, but if all is retail, then)
USA + GER
6.03.2012 13,507 Million 7,242 Million
7.03.2012 6,947 Million 3,036 Million
8.03.2012 9,588 Million 5,461 Million
-45+ Million shares out of the conversion.
for those who think februar 9th was the deadline: (i counted every days volume)
9.2.2012 2,030 Million 1,725 Million
10.2.2012 2,100 Million 2,000 Million
13.2.2012 1,733 Million 1,484 Million
14.2.2012 6,628 Million 3,635 Million
15.2.2012 4,665 Million 3,553 Million
16.2.2012 2,959 Million 3,402 Million
17.2.2012 15,471 Million 7,817 Million
20.2.2012 -X- 2,007 Million
21.2.2012 7,914 Million 3,950 Million
22.2.2012 3,063 Million 1,301 Million
23.2.2012 2,945 Million 4,295 Million
24.2.2012 1,172 Million 0,745 Million
27.2.2012 4,614 Million 1,574 Million
28.2.2012 2,990 Million 0,754 Million
29.2.2012 1,330 Million 0,945 Million
1.03.2012 0,863 Million 0,972 Million
2.03.2012 2,643 Million 0,705 Million
5.03.2012 5,877 Million 1,176 Million
6.03.2012 13,507 Million 7,242 Million
7.03.2012 6,947 Million 3,036 Million
8.03.2012 9,588 Million 5,461 Million
Catz, you mean this info?
http://www.kccllc.net/documents/0812229/0812229120213000000000027.pdf
page 10, footnote 9
Of the $4 billion in REIT Series face amount currently outstanding, holders of REIT Series in the amount of
approximately $3,597,000,000 returned Ballots, and, within such group, holders of REIT Series in the amount of
approximately $1,822,000,000 have elected not to grant the releases set forth in the Plan. See Sharp Decl. at Exs. A,
C. Notably, in its most recent verification statement, counsel for the TPS Consortium states that its members
collectively hold REIT Series Preferred Shares in the amount of approximately $1,547,000,000. See Verified Fifth
Amended Statement of Brown Rudnick LLP and Campbell & Levine LLC Pursuant to Rule 2019 of the Federal
Rules of Bankruptcy Procedure, dated January 11, 2012 [D.I. 9384].
thanks for your response...
i thought i heard rosen last hearing saying the money set aside will be freed up now or sth like that.
i am not sure, so i ll listen to file again and confirm if he really sth in that regard
Does the reserved money that was held back return to the estate now?
When is the new POR expected that incorporated the DIME Settlement into the plan? (Did i miss that on the docket?)
If the 300+ million of DIME returns to the estate, does anything remain after creditors are paid that will add to the assets of the NewCo?
Shars traded post Feb 9th.
can we assume that those shares can be abstracted from the 1.7 billion Wamuq shares out there?
Anybody that voted and granted releases up to now should be locked.
if you assume that in the OTC trades and at overseas stock exchanges some 5-10 mil are traded daily, that should remove about 20-30% of commons from the distribution side and alter the conversion rate.
I know that releases can be granted up to the end of feb, but i didnt hear from any broker (at least not in Europe) that allows submiting release after feb 9th.
Thoughts?
thank you very much.
downloading now...
Anybody has the Link to yesterdays audio?
please help, i was at a conference and could not listen in this time.
Thank you in advance
what are taliking about kid?
while you were craping your pants most of us bought at 0,08$
so stop diagnosing your puke. silence is golden
lies!
it went to 0.018 pre-split, not 1$
kinkikatze
join united group at ariva.de, in Germany we are preparing a joint action to inform the Bankverband about the maltreatment of stockholders by some banks and the losses that treatment might create to some customers.
There are other austrians on the german board, too. So you might find advice there.
usually they either provide a live stream or upload a video on their site...
since brent seems to send you emails often, why not ask him to film the presentation for shareholders worldwide.
I mean any mobile phone nowadays can film in near to HD quality.
just a thought
i have my stock at three german brokers, none has any info so far... however other brokers appear to recieved info today, that ballots will probably be available next week
why is the pps moving sharply?
hmm the last two trading days sure let me hope news are coming soon
volume has to keep it up and even rise a little to keep the trend
PEA or some PR
"Math that doesn't account for all upper-level classes, is basically not good."
I dont understand that. Arent the liabilities of all those upper classes fully paid at 8 billion.
And even removing the double counting of the 4b deposit leaves almost 2+ billion for equity
i am lost in numbers here catz, can you enlighten me, just browsing the DS now
question:
1) will there be a Dec. MOR
2) Cant you take my table and fix the wrong numbers?
please enlighten me. I am still confused whether the 4billion cash at hand in the MOR is already the 4billion deposit or not
Lets assume plan is confirmed and relases granted:
Assets per Nov 11 MOR = 6,71b (WMI) + 0,913b (WMI Invest)
Total assets: 7,623 billion
Liabilities per Nov 11 POR = 8,402 billion (WMI) + 0 (WMI Invest)
Total liabilities: 8,402 billion
subtotal pre paln confirmation - 779 million
After Effective date:
- 0,779 billion
+ 4 billion return of deposit
+ 0,053 billion (cash from JPM according to MOR note 3)
+ 0,182 billion (investment return for subs according MOR note4)
+ 2,55 billion tax refund (according to MOR note 6)
total = 6+ billion
+ 75 million for wmmrc
+ up to 6 billion NOL
+ further claims
+ stock abandonment of WMB
I don't get it why the market does trade equity into oblivion with such assets.
----
EDIT
new CO shares = 200 million
6,1 billion x 0,2
pps = 30,5 $
Don have a look here pls:
http://www.econ.iastate.edu/~harl/ald/Vol21No2.pdf
excellent summary Catz, thanks!
FIO 1259 = SUPERHERO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Obviously you made a great imperssion on Ed.
Thank you so much fio... When ever you come to Europe let us know.
Some of us will for sure offer you some drinks!
ABOUT DIME THE JUDGE SAID:
8,7 of 30 % but the 30% are considered 100%
so Equity gets 91,23 % of 30%
Dimeq goes ballistic 100% plus
http://de.advfn.com/p.php?pid=qkchart&symbol=Dimeq
thank you so much....
i planed to napalm telephone my brokers once the ballot is out...
I did! I hope it is good for commons
thanks for your effort
very appreciated
God Bless
REQUEST:If anyone is present coming wednesday.
PLEASE ask if overseas holders will recieve ballot or if they should rather download it from the docket or any other site.
thanks! for me and the thousands similarly situated across the pond.
excellent info, catz.
if he is indeed that poster, I can sleep better now. Great pick if it passes.
A few things the Q&A doesn't say or touch upon...
and maybe someone here can enlighten me:
Lets summarize:
+ Subs have 1,4 Billion value
Q: how much of this 1.4 bill is for the reorg? All or is some of it used for to pay creditors?
A: ??
+ Further Litigation
Q: How high are our claims against 3rd parties probably be worth?
A: EC says, can't disclose due to strategy
+ Creditors not paid full
Q: How much do we owe creds after exiting chap 11?
A: ??
+ We get BOLI/COLI (part?) according to DS
Q: How much is it worth?
A: ??
+ MOR states 4+ bill assets
Q: Does that include the 4,4 bill of the GSA?
A: ??
+ NOLs may be worth up to 6 Billions (value not cash)
Q: How long can/will it take to set of 10% of that with a small going concern such as WMRRC?
Election
Q: How do overseas holders vote? Broker trap again?
A: ??
and certainly some other questions....
I definately care more about those questions than what money the BOD and LTB will make...
i'll go for door 1.5... in Fall 2012 we will see where we are, pennies again or low double digits $.
most of the info was out already, some paragraphs are actually the same as the arguments in yesterday's joinder
when dimeq is indeed debt, why did they drop into the abyss
i am getting sick... i dont have dimeq, but i hate it seeing them take a beating because they, especially Steinberg, took a stand for us commons and basically he rocked the house...
I cant stand seeing good people go down like this.
i think due to dilution we should lose value,
but look at the chart we move up
Anything on Pacer? Cause if not we are witnessing great IT action and the common folks is just on the sidelines....again