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AGHD nice up 125%. next week should have more of the same.
agree AAVG heading for .01 and into penny land here
AAVG you mean .009!!! new HOD
AAVG should kick some "A" here folks
AAVG BOOM!!!
AAVG new HOD!!!!
AAVG having another GREEN DAY!
AAVG looking for an UT here
AAVG looking good here
KHGT they need to get volume and tighten up that spread
thanks JG always busy but never to busy to see whats heading upward! enjoy your day!
AAVG having a great day today ali!
WSRA WOOOOWZA today!
that was one heck of a run tony!
yeah saw that on SBRH
TXHE CRAZY!
nice day. looking to see what next week has in store
you know i have been around a long time, but SPNG has to be the best show on ihub TV. I know i should just look away, but i can't LOL
I agree but if they can manage to convince the courts to allow the DIP financing, then they can start a new scam. All the crooks want is a chance to get this trading again so they can pump some new scheme until they can sell their stock holdings.
Many BIG BOYS got caught with there pants down and holding the proverbial BAG.
Some want an escape route and getting this scam back on it's feet to retrieve that money is the goal IMO
Way to many items boiling in the POT IMO for a court to grant it. Lets see what the next move is in the play book
IMO you will see SPNG in Chaper 7 before you EVER see a DIP
welllllll no he is not lying. The courts afford the lender a host of benefits for providing DIP financing. The most attractive of these is the super-priority claim, which supersedes any claims that existed "prepetition" or prior to the bankruptcy filing. That means in the event of a sale or liquidation, save for certain legal and court expenses and other secured claims, no one else gets paid until the DIP lender is paid in full. It also means if the company remains viable, it cannot exit the bankruptcy process until the DIP is completely paid.
This "first dibs" advantage has been a key driver of a recent trend in which the prepetition lender leads the bankrupt company's DIP financing in order to protect its interests and recover as much of its pre-bankruptcy exposure as possible. In other words, it's a defensive strategy. Once a company files bankruptcy, a new corporate entity is effectively created and claims against the old entity are frozen. So, unless the prepetition lender becomes the DIP lender, it may lose control of the collateral and its power to negotiate its prepetition claim.
The bankrupt company benefits as well when the prepetition lender leads the DIP. The incumbent lender usually knows the borrower's operation and its management team intimately. Since it understands the reasons why the company filed, and may even have counseled it to seek court protection, it's often best suited to structure the most effective DIP.
Sad, but true.
yes but it goes on to say that they are withdrawing the request to transfer venue
thank goodness for him. you heard the saying don't mess with texas ...lol we would throw the book at him, then throw the key away over here :)
have a great time on vacation $T. I'm taking mine in Aug as well. enjoy the rest!
agree! NEWS!!! China Food Services, Corp. Reaches 600 Retail Stores of Distribution
GDHI nice!!
APDT on a ROLL here!
this one line in the filing sums it up: "In addition, there does not appear to be any available financing to reorganize or restructure this company"
letter from Nickelodeon which was sent to and received by Spongetech on May 7, 2010 wherein Nickelodeon purported to terminate the license agreement pursuant to which these sponges were manufactured. The letter further states that the Debtor can no longer manufacture or sell any product manufactured pursuant to a Nickelodeon license.
Wish you much success with it CL!
SLRW kicking AZZ today! UP 60%
i thought you were done....see you can't stay away :) have a great night, see ya tomorrow
hey JG, yes been awhile for sure but i have you in my favorites whenever i need to track you down LOL
looking forward to seeing what the WAVE pick is tomorrow.
looking forward to it ali
I know right! didn't anyone ever hear LESS is MORE. you need to give us old timers a button that we can click that says CLASSIC VIEW. That way we don't have to deal with all this new stuff lol
a yawner for sure.
morning ali !
I hear that PE....looking for a nice run up like we had today right through the week.
loving it ali!! keep the wave rolling! BSIO SURFS UP!
BSIO love to see what it does tomorrow!
BSIO now up 93%
BSIO kicking AZZ now!!! More to come