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Well the judge did...
IT IS HEREBY ORDERED that:
1. The Motion is hereby granted as provided herein. To the extent any objections or reservations of rights to the Motion have not been withdrawn or resolved by this Order, they are overruled in all respects on the merits.
2. Pursuant to section 363(b) of the Bankruptcy Code, the Debtors are authorized to effect the Merger on or about January 31, 2017, and enter into any all transactions and take any actions contemplated thereby.
3. Pursuant to section 363(b) of the Bankruptcy Code, Shuttle America is authorized, but not directed, to surrender the Shuttle America ACC within 30 days of the Debtors’ consolidation of operations under the single Republic Airline ACC.
4. Shuttle and Republic Airline are authorized to take all such actions as may be necessary or appropriate to effect the Merger, including causing a certificate of merger to be filed with the Secretary of State of the State of Indiana in accordance with the Indiana Business Corporation Law.
5. The Debtors are authorized to execute, deliver, implement and fully perform any and all obligations, instruments, documents and papers and to take any and all actions that may be reasonably necessary or appropriate to effect the Merger.
Funds are gonna take the loss, but the reorganization plan was approved, all share gone.
Has anyone heard anything from the hearing today?
Volume over, back to .48
I just RJET on some pump sites, let's see if it can run once more, let us out with minimal loss.
What caused the jump today? Just speculation or what? Commons are planning on being wiped and a bump.
What's with the pop at EoD?
Who's holding out, judge still has to approve the plan, can't really see why they would when RJET has gotten everything it asked for. All comes down to the 28th
There will be a nice pop when the bids are announced though .07-.10
Someone getting nervous for tomorrow? Just hoping to keep the volume up
No volume today
1k Sell order for 20% loss premarket come on, let's hope that is the someone about to buy a massive block today.
Now it's listed as OTC again.
Google finance has it listed that way
Anyone else see that RJET is back listed on NASDAQ, not OTC?
Q is dropped
It's a paper loss for taxes, there is no enforcement agency to ensure that a Canadian Corp. actually pays the 70 million its gonna be interesting...
Firms dumped this morning, down to .7 next week, wait to see what happens, there will still be time to make profits without the risk
Is the squeeze over?
Final court date September 8th, other than that nothing new. Any one concerned about commons value?
What's the minimum bid needed share price of .50 a share? 210 million?
Was anyone really expecting anything better. From 4.00 a share last year paying out 70 million and a 40% loss on revenue, should get back .80- 1.00 range. Q3 is where we will see the gains, everything is behind us now.
Adds for days for class action suits, there looking for a lead plaintiff, someone with a nice sob story but, there was 20 million share traded between 1.05 and 1.30, 2 weeks ago, someone bought those. Can't really say you lost your house when if you trade common stocks and sold at .40 instead of waiting 3 more weeks to sell with minimal losses.
UK banks will be fine it's gonna be a toss up on whether the EU will survive now, without the UK and other starting to jump ship
What's with the 15 mil sold after hours
Elon and tesla are putting together a bid to buy Solar City which has no effect on SUNEQ. Elon wants to get rid of the scty board to transform tesla home packs and scty into the future of energy. He is bidding around 2.8 billion ~ 26-28 a share which will hurt as the stock was a buy at 40 6 months ago. SunEdison won't see this love as Elon still controls SCTY he just hates boards and making profit, he is more consumed with innovation and not the share holders, tesla is suffering because of that now.
Let's see if .72 holds
So 88% owned by institutions, and now about 4-5% shorts, gonna explode today
Broke .90 premarket, let's get to 1.70 today
News,
VANCOUVER, June 20, 2016 /CNW/ - Neovasc Inc. ("Neovasc" or the "Company") (NASDAQ: NVCN) (TSX: NVC) reported today that the positive results of a single center, retrospective study using the Reducer product were published in the June 14, 2016 issue of The Netherlands Heart Journal in an article titled "Safety and efficacy of a device to narrow the coronary sinus for the treatment of refractory angina: A single center real world experience". The paper documented the results from 23 consecutive patients who were implanted with the Reducer in order to treat their severe refractory angina.
The published results demonstrated that in all 23 patients the Reducer device was successfully implanted in a day hospital setting without any adverse events. After a median follow-up of 9 months (range 8 – 14 months) it was found that 17 of 23 patients showed at least one class improvement in their Canadian Cardiovascular Society (CCS) angina score: 8 patients (34.8%) improved by 1 CCS class, 7 (30.4%) by 2 CCS classes and 2 (8.7%) by 3 CCS classes.
http://www.newswire.ca/news-releases/positive-results-for-neovascs-reducer-system-treatment-for-refractory-angina-published-in-cardiology-journal-583604071.html
RJET has the best chance to come out ok... There was some major volume today. This will break 1$ again. Need a new CEO.
I like to just flip a coin but holding up in 77. Something big is coming is not we can lick our wounds together
Don't want this to end like KEG today..
Everyone holding over the weekend?
Thin and separate again, you got one more in you to .90
Got in at 66 sold 844
Trying to load at .75
Shorts on margins are forced to cover
Wait for margin violations in the last hour
In the famous words of ice cube "today is a good day" need that close over 23.25