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We know what’s coming without the pumping
We don’t want your pumping going on. Quit it. You always show your true colors. Sold the other day and tried to bash. Fake as shit
Florida getting 44,000 of these tests https://patch.com/florida/southtampa/hillsborough-county-get-rapid-test-kits-first-responders
ABMC going 60% so far! 2 minute Covid test and govt contract
ABMC is rocking
ABMC! Govt contract for 2 minute covid test. Low float https://www.wfla.com/news/hillsborough-county/hillsborough-county-to-receive-over-40k-rapid-test-kits-for-first-responders/
ABMC! Huge potential in play. Govt contract for 2 minute covid test. Low float
Lol where are you getting that information haha. Lost it??? Was just barely put on a govt website late Friday evening and that’s Friday 4 DAYS ago. The company hasn’t even given any updates on that hence why this is still very hidden. Party hasn’t even started yet
Not sure why people would choose DECN over ABMC. ABCM put in for the same approval 2 weeks ago and just sold 44,000 test kits to the Florida government and not to mention the share structures is 1/5 the size of DECN
I would believe they have diff options and govt contracts and sales are diff especially. I would think more than $7.00 per test, that wouldn’t be much room over cost. Most tests out there are $30+
Where are you finding that number
RS the OS is 35M lol. Tool shed
Pretty sure all the filings have told us exactly what the share structures are. And even after the 4,000,000 offering where they are not selling any shares or getting any proceeds the OS will only be less than 36 Million. They just acquired a company doing over 4 Million a year in reva and that’s why they had losses in the quarter. Great add here and hold! Lots of updates on its way.
Imo this is a solid biy right here! Low float and projected 8 Million in revenues this year
XSPA corona testing centers and news went well
Talked
One BIG one not being talked about is MYL and it’s Malaria drug being totalled about by the president and many doctors about slowing and combating the virus! Gaining traction right now
TOMDF damn corona news getting it
Damn talk about an ask slap over 700K shares at .10 taken out. Should start to thin out a bit soon
CORG doesn’t have a delivery service, all they have is the green pig in Vegas and it’s tiny, they have no marketing set up for delivery and they have no ghost restaurants it’s just an idea. They have no cash on hand either and no delivery drivers or contracts to deliver any food but for green pig. Seriously a bloated pig over there
TOMDF running away on test kit news
Who says equity gets nothing! The courts haven’t decided what happened to commons.
Under Bankruptcy Rule 1007(a)(3), the Debtors are required to file Equity Lists “within 14 days after entry of the order for relief.” Fed. R. Bankr. P. 1007(a)(3). Under Bankruptcy Rule 2002(d), unless otherwise ordered by the Court, the Debtors are required to give notice of the order for relief to all equity security holders.
15. Each of the Debtors, aside from Foresight Energy LP (“FELP”), has disclosed its equity security holders in the Equity Lists filed with their respective petitions. FELP, however, is a limited partnership with two tranches of limited partnership units (its “LP Units”): its common LP Units (the “Common Units”), which trade over-the-counter, and its subordinated LP Units (the “Subordinated Units”), which are entirely owned by non-Debtor affiliate Murray Energy Corporation (“Murray Energy”). In addition to its 100% ownership of the Subordinated Units, Murray Energy owns 12.1% of the Common Units. The estate of Christopher Cline and the Cline Trust Company own 25.3% and 25.4% of the Common Units, respectively. The remaining Common Unit-holders include unidentified public unitholders (the “Public Unitholders”) and executives and officers of FELP’s general partner, Foresight Energy GP LLC.
16. Given that FELP’s Common Units are widely held and will require the assistance of third-party professionals to determine, the Debtors submit that (a) listing Public Unitholders on FELP’s Equity List, along with their last-known addresses and percentage equity ownership, and (b) sending notices to all parties on that Equity List would be expensive and time-consuming. The Debtors request that the Court authorize FELP to provide an Equity List
17. In addition, the Debtors propose to publish, as soon as practicable after the commencement of these chapter 11 cases, the notice of commencement (“Notice of Commencement”) in the The New York Times and the St. Louis Post Dispatch, a St. Louis, Missouri newspaper. The Debtors are confident that these publications, coupled with the national attention these chapter 11 cases will surely receive, will most likely reach the equity
security holders.
18. The Debtors further submit that, to the extent it is determined that equity
security holders are entitled to distributions from the Debtors’ estates, those parties will be provided with notice of the bar date and will then have an opportunity to assert their interests. Thus, equity security holders will not be prejudiced.
19. This Court has granted relief similar to the relief requested herein in other
chapter 11 cases. See, e.g., In re Noranda Aluminum, Inc., No. 16-10083 (BSS) (Bankr. E.D.
Mo. Feb. 10, 2016) [Docket No.: 82]; In re Arch Coal, Inc., No. 16-40120 (CER) (Bankr. E.D.
Mo. Jan. 13, 2016) [Docket No.: 76].
C. The Court Should Allow the Debtors to File a Consolidated List
I added more today! Hard to resist these low prices when we’re almost thru the Murray BK and also have their lender offering to forgive 1.2B worth of debt and avoid BK. In my opinion that’s way more than Murray can bid for so not sure how the judge would let something lower win out. Could turn into a bidding war but if a lender gets the controlling interest in foresight then we have all the financial backing we would need at that point! Murray’s plan probably is backfiring when you have somebody with money jumping their bids and seeking all their assets that are still worth something, (Foresight).
Could be the start of something! Not a lot of reasoning for somebody to be buying shares this high right now unless they might be in the know!
Ya what’s your point, it says that on every 8K and quarterly, it’s forward looking statements! It’s also a scare tactic because companies don’t want to have them BK!
Must Read!!!! Here you all go
This is all the information you need taken out of Murray's year end that is in the Bankruptcy filings and explains Foresight's 2019 earnings the projections for 2020 , Murray's relationship with Foresight, Foresight's debt and who they owe to and the negotiations plans with the creditors. Its everything and more, and if the negotiations go well it will benefit all equity holders because they are highly suggesting a consensual restructuring transaction out of court. The best DD is in this packet.
Page 37 is Foresight's info
2019-19.9M tones mined
2020- estimated 18.4M tones mined but good thing is they are closing the Macoupin mine 1st quarter of 2020 which is losing money and only producing 1.7M tones in 2019 but having problems with the quality of coal so this is a huge win in my opinion
2019 EBITDA- 150 Million
2020 EBITDA- Estimated 188 Million
2020- Estimated Revenues 1,003,500,000
They are asking for extra financing for Hillsboro mine because it has huge capacity and lowest cost mine and makes money $$$$$
They extended the 2 Note Holders of 24 Million from October until March
but it looks like the interest payment of 15 Million due in February was what the 8K was for which is fine they're negotiating the interest with them but the Note holders were still good on!
HUGE POTENTIAL HERE
http://murrayenergycorp.com/wp-content/uploads/2020/02/MEC-REVISED-FINAL-February-25-Cleansing-Document-Combined.pdf
If Murray’s lenders win the bid I can see them building Foresight with assets that would go with their business plan and cut costs like Javelin who already does business with Foresight and giving a much bigger credit facility. That right there is a huge strategic bid and move! The way to make it in today’s coal market is for companies to merge cut costs and squeeze the little guys out! Foresight is very attractive because they have the lowest cost producing mines in the USA and they are places right by their own railways they own and sit right by the rivers to barge the coal to whatever country they want to go to. Coal is going to be around for many many more years!
They have to give notice! I emailed IR this morning to ask but also more to see if they would respond, if I hear back I’ll share
Last year they filed their 10K on February 27th one year from today so I’m assuming within 3-5 days but with what’s going on right now and Foresight extending things out and not having conference calls on their earnings I wouldn’t be surprised if they hit the grace period button on financials. They aren’t a NYSE stock anymore and trading at .08-.10 so I doubt filing of a useless financials aren’t a huge priority since most institutions have let go of their stock piles. Chess matches going on right now
It won’t be much worst than the quarterly so shouldn’t be much of a surprise. But keep in mind flooding last year caused exports to be way down cuz foresight could not transport via boat due to conditions. Thanks for the warning. Btw all those other coal companies are trading in dollars not .08
Yes exactly they can’t pay for the pensions it’s hundreds of millions of dollars each year.
Yes you’re missing everything! Murray is going thru a BK and if they have millions in assets in a company they own it doesn’t look good for approval because they are trying to get rid of over 2 billion in debt and not to mention all the pensions they owe to old employees so it makes it much harder for BK purposes so they want to keep their assets as low as possible hence why foresight’s trying to drag this out until the courts approved Murray’s BK
This is absolutely the reason. With Moore at the wheel of both companies and Murray owning a majority ownership of Foresight they don’t want Foresight’s net worth going up during the courts decisions on what assets Murray’s gets to keep going forward. The Note holders are in the know and they are being kept afloat by what’s going on. It’s all a good thing for Foresight! If they were filing BK like Murray it would have happened by now. Murray just had one of its subsidiaries claim BK last week that wasn’t listed in the BK but decided to now and imo if foresight was doing that they would have by now. The Murray BK should be worked out by the end of March and only the auctions left so I’m assuming this is the last extension that will be needed!
I’m willing to bet that they file a late filing also. We shall see but I wouldn’t be surprised
It’s very good imo!
Let me ask my crystal ball, hold please