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Yup! Pinky Land is already a land mine, but these recent plays have taken the cake and made it a battle field!
You seriously can't think that the investigation wont reach into Ibeto, right?
Any MM willing to file the form would be foolish in my opinion! Won't happen!
As I've clearly stated in the past. 98% are scams, but these RM plays were just out right BS if you did any DD on the background of the players involved!
By reporting frauds?! Quite the opposite, but thanks for trying!
LOL.. I was thinking the same! "EOM". Mic drop
"Misfortune"? All the DD necessary was posted repeatedly on this board the past 2 months. If you chose to disregard it, then THAT was your choice.
I know more than you think :) MY WORK HERE IS DONE! EOM
You're joking, right? It's DONE along with the others! I'm SURE bags are being packed swiftly
Mandla J. Gwadiso
@mj_gwadiso
Now we have the first 3 down. 7 more Reverse Mergers is what I need before this year is out. Then I can go on a 3 month sabbatical in style. $WSML, $CYPE, $AXMP done, I need 7 more. By the grace of God it finna happen.
3:21 PM · Jul 2, 2018
I'm 98% sure ALL of Mandla Gwadiso's plays will be forever suspended or go to the greys. Was SO obvious by just looking at his MILOST, Brooklyn Throne, and Twitter feed! I can't wait to see his feed now..... I bet he deletes his account
And NOW the statements will start of not owning any CYPE!
Unless they were involved in reporting! Lol
Because people reported MILOST, Palewater, and Primewater along with the players behind their tickers!! :)
Where are the veterans!?
I HIGHLY doubt their going to get a MM to file the 15c2-11. Seen this WAY TOO MANY TIMES!
All that was necessary was to present the MILOST website portfolio and BAM!
Correct! My efforts have been rewarded!
WEEEEEEEEEE..... GO CYPE!
AND THERE YOU HAVE IT!!! Lol
I guess the SEC does respond to whistleblowers!
Watching
Delusional
You're correct that it's pointless because TNTR is going to drop like a rock just as it should have when I predicted it would last week before they made a last ditch effort to run it.... Which I was fortunate enough to see on my scanner.
Btw... If you proceed through your job link on glass door it will direct you back to TNTR which has no job listings. Truly an empty discussion at best, but I proved my point in regards to your false posting statements. Not to mention that you stated that there were multiple listings within the past 48 hrs.
So where is the Twitter link you're alluding to?! Im sure others would like to know along with the Nvidia link rumor!!
Lol
GL
Have a great 4th guys!! Good things could happen with VPLM.....ALL Penny stocks are ALL speculative plays.
It's not wise to spread rumors when you've only been on Ihub for less than a week. Hint- SDR*
Glass door shows no current Job openings.... https://www.glassdoor.com/Jobs/Tintri-Jobs-E615047.htm
Most recent job opening on LinkedIn was 10 days ago...(Before that it was almost a month)
https://www.linkedin.com/jobs/view/member-of-technical-staff-file-systems-mountain-view-at-tintri-748679236?trkInfo=searchKeywordString%3ATintri%2CsearchLocationString%3A%252C%2B%2Cvertical%3Ajobs%2CpageNum%3A0%2Cposition%3A1%2CMSRPsearchId%3A54ee3c99-6f8b-41af-9538-6018205737cb&refId=54ee3c99-6f8b-41af-9538-6018205737cb&trk=jobs_jserp_job_listing_text
If what you're implying about TNTR being bought out by another Company through previous negotiations by the recently resigned CEO of only 3 months (Tom Barton) is true, then he is one hell of a shrewd guy to screw over all the employees and shareholders!
Dated July 2nd..... https://seekingalpha.com/article/4185107-tintri-ceo-exit-manufacturing-breach-signal-end?page=2s
Can you provide the Twitter link?
Can you provide any type of validation to your claims about Nvidia?
Can you provide any DD to substantiate your claim that TNTR is not following through with the bankruptcy proceedings?
Can you provide any validation to anything you say?
That was my point. But thanks for coming out with your "wrong" statement to start off your response.
Shareholders of old sea drill will receive .00375xx for every share they previously held. Once the conversion is complete the truth of the reality will appear in their accounts. The point was that the poster was claiming his account was reflecting all his old shares based on the new SDRL trading price from today.
It was a glitch or he was lying.
IF he did sell his shares then I don't think he should be held accountable....that is the responsibility of the brokerage firm and parties related.
Getting closer to .25
$13.875 unless they round his new .75 share up to 1, if so then he will have $18.50 of value at the current PPS
http://ih.advfn.com/p.php?pid=nmona&article=76092441
Glad I sold yesterday!
Battered offshore oil-and-gas contractor Seadrill Ltd. paid bankruptcy professionals well over $100 million before it stepped through the door of a Texas court in September, seeking chapter 11 protection from creditors.
The payments turned up in new court papers Seadrill filed Friday in the U.S. Bankruptcy Court for the Southern District of Texas. They reveal the high cost of the talks that produced Seadrill's chapter 11 turnaround strategy.
One of many offshore drilling operations hurt by low oil prices, Seadrill is pursuing a balance-sheet restructuring and capital-raising effort that will squeeze the holdings of rank-and-file shareholders, but leave founder and board chairman John Fredriksen with a major stake, along with Centerbridge Partners.
The plan is the product of discussions with investment firms interested in the future of Seadrill, one of the world's largest offshore drilling contractors. Seadrill businesses involved in the bankruptcy are carrying about $8 billion in debt, court papers say.
Except for Mr. Fredriksen, Seadrill shareholders weren't involved in the restructuring talks. Recently, shareholders lost a bid to have an official committee appointed to represent them in Seadrill's bankruptcy, after the company argued it was hopelessly insolvent, worth far less than its debts. An official shareholders committee would have provided common shareholders a team of lawyers and financial advisers to look out for their interests.
Unlike the professional fees paid during the chapter 11 case, Seadrill's pre-bankruptcy spending isn't subject to judicial scrutiny.
Kirkland & Ellis, the law firm guiding Seadrill through chapter 11, collected more than $47 million in the year before the company filed for bankruptcy protection, court papers say.
While it was paying its own lawyers and advisers, the company also paid for lawyers and financial consultants for major creditors.
In the 90 days before the bankruptcy petition was filed, Seadrill paid nearly $12 million to the law firm -- Fried, Frank, Harris, Shriver & Jacobson LLP -- representing Centerbridge. About half of that amount was paid for "services." The day of the bankruptcy filing, Seadrill sent $6 million by wire transfer to the New York law firm. Court papers didn't specify the purpose of the wire transfer funds.
Cadwalader Wickersham & Taft LLP, another law firm advising on Seadrill's bailout, was paid more than $10 million in the 90 days before the bankruptcy, including a $5 million transfer the day of the bankruptcy filing. Again, half the money was for "services," and the purpose of the wire-transferred funds isn't specified in court papers.
The lawyers weren't the only ones getting paid during Seadrill's restructuring talks, according to court papers. Less than a week before the bankruptcy filing, nearly $20 million went to Hemen Investments Ltd. a Cyprus affiliate of Hemen Holding, which is controlled by Mr. Fredriksen, a Norwegian billionaire. Court papers say the money was for "services."
Hemen and Centerbridge are part of the group providing $1 billion in new investment to get Seadrill out of bankruptcy with a plan that swaps some debt for equity and gives the offshore driller more time to pay off major loans. Also in that group are Aristeia Capital LLC, GLG Partners LP, Saba Capital Management LP and Whitebox Advisors LLC, according to filings with the Securities and Exchange Commission.
As for any payments to Mr. Fredriksen himself, the documents are mum. In a break with standard bankruptcy practice, Seadrill reported paying insiders an aggregate of more than $23 million in salaries and other items in the 12-month period leading up to the filing, but didn't provide names or even say how many insiders shared that money. Included in that figure is nearly $10 million the struggling company handed out in bonuses to insiders, who are typically top-ranking executives or members of the board of directors. The bonus figure includes letters of credit that were issued to insiders, but not drawn against, court papers say.
Seadrill, its lawyers and the Office of the U.S. Trustee, an arm of the U.S. Department of Justice responsible for bankruptcy oversight, didn't respond to inquiries about the missing details on the official bankruptcy reporting forms.
The court papers are part of the financial disclosure required of companies seeking a fresh start by filing for chapter 11 bankruptcy protection. Creditors review the reports to get a picture of the company's finances. A lawyer for the official committee representing Seadrill's unsecured creditors didn't respond to a request to comment on the insider pay.
Write to Peg Brickley at peg.brickley@wsj.com
(END) Dow Jones Newswires
November 14, 2017 11:14 ET (16:14 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Getting really quite here....tic toc
More profit on shorting if it pops first and then you open your short. :)
I would, but yet something tells me they may have something up their sleeve....meaning I'd wait to short until after the promo cycle is over. JMO
The current trading price is basically irrelevant to the old share holders until the conversion is completed. Once it's completed, you will then be able to realize your loss or gain. Trying to do an equation at this point is premature at best. The deal is done....meaning that it's a waiting game now. If SDRL runs up huge between now and the conversion, then you may make a profit......but if gets shorted heavily...then it's likely you won't.
They blocked them because they have been terminated and are waiting upon the conversion. Your shares are worth the same amount as yesterday at $25 today, but now they are worth less because the new shares are/will be valued at the new PPS (who knows where that will be upon conversion). If you had or could have sold today, I believe they will end up being treated as if you had sold yesterday (grace period) ,minus the gain you may now see in your account. For those that were short the stock from prior to the announcement...I think they will be forced to cover if they didn't already. If they didn't cover they likely won't lose unless the stock skyrockets from where it is currently trading. The covering now can't/won't happen until the conversion has taken place. Between now and then I'm sure SDRL is going to try their best to pump the stock which will create new buyers and be supported by covering (they hope). I don't think it's gonna happen though. If I were short I'd just hold through the the pain and wait for the inevitable.
This is of course conjecture at best.
It appears no one really knows what's going to ultimately unfold here. Tic toc.
I'm wondering if they were trying to screw the shorts that existed in the old shares since they would/may have tried to cover yesterday, which would turn them "long". Are they that smart? Hmmm
Lol...
I posted yesterday that SDRL is pulling a fast one here. I'd say there may be a class action or potential investigation about to open on this. JMO
When they do the conversion from old shares to new shares your account $ will then reflect the reality of the situation!