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I sure that many of the employee shareholders who bought in (or received shares from the company) at much, much higher prices are looking forward to getting 25 cents. I cannot believe that Mr R is very popular with the employees right now.
It's not over folks.
Thanks Wally for helping start the EC. It really irks me that Mr. R gets a 2.5 million bonus for existing BK and we the owners of the company get a "dangled carrot". What a joke this company and its attorney are. They decline a 8.00 share offering a couple of years ago and now we are getting carrots. I am not a vegetarian. I don't even like carrots. Looking forward to when the Chinese rule the world where integrity and honor still exist.
Are there any long term holders who are still holding and did not sell today, besides myself?
Did the judge gave any reasons for denying the EC request? Something does not smell right here.
We have a very smart team working for us. They will not doubt be all over that.
What are these guys smoking? Reading the companies objection made me laugh so hard that I fell out of my chair. This company does not have any respect for their shareholders and employees IMO. IMO I am starting to wonder if their is something more at the end of the rainbow for management with their POR.
Hey NYPD - Good to see you here - I have been hear for almost nine months - Still holding CEM? Things are getting very interesting there and I am holding to the end
If it is not going to happen by September, then it is totally his fault.
Good or bad for us?
The truth will eventually be told. Why is the company so anti-equity?
I should have gotten out in March. This has been once continuous slide since then. Cannot believe that is goes much lower then this, as this is where is was right after BK (unless of course commons are canceled). This is likely the case since usually if there is good news coming then it would be reflected in the stock price and trading pattern.
I should have waited a couple of days to buy in. Bought in a 58 cents and now were headed below 50 cents. Hopefully company releases some PR today to outline their plan for continued listing on the big board.
Here is one of the founding partners of Canyon Capital Investors. It appears that he was a bankruptcy and creditors’ rights attorney at Wachtell, Lipton, Rosen & Katz in New York. Very good to know.
https://www.canyonpartners.com/CANYON/RELEASE10/me.get?web.websections.show&CANYON_029
So I bought a position this afternoon and it proceeds to drop
Well then, I say lets liquidate!
Not sure if this has been posted yet
http://www.ft.com/cms/s/2/5414866e-8df7-11df-9153-00144feab49a,dwp_uuid=e8477cc4-c820-11db-b0dc-000b5df10621.html
Wally, Thanks for representing us in the EC. I appreciate your time and honesty. Now for CMM, please tell us why did you leave the EC?
Say it ain't so. That means two less retail investors on EC. And it was retail that got the EC in first place. I hope remaining EC member realize and recognize this. How come you left CEM-Multi? Can you say?
Thanks
Jaxstraw - Thanks
Oaps222 - Got your message - Thanks - Till the end
OK - Thanks
When someone has figured it out, can you please post - Thanks
Hey Jaxstraw,
What would our existing shares be worth then?
Thanks
To the founding alliance members - I say a big thank-you - I was/am proud to be part of the alliance and one who was also willing to fight for equity and lock up my shares for the benefit of everyone if I would be been chosen by the trustee/court. I have no secret agenda and will be here to the end along with our founders (jax/wally/cem).
It does make me laugh when I read that Mr R was looking forward to working with the EC after they released their POR. I hope what is happening now and what is transpiring is what he is looking forward to.
What a joke this company has become. Those that bought post BK are deemed as "profiteers" yet the company can use BK to benefit themselves.
Don't forget that we have a very good law firm working for the EC
I'm tapped out for money - Unless EC for Chemtura saves the day. To me there is so much corruption and BS in the market, that I wonder why anyone would even bother to invest.
IMO, Looks like someone had some insider information as the stock headed south big today.
Hey Wally,
When do we vote on the POR? Being that I live in Canada, I usually receive any correspondence after the required deadline. Thanks
I will hold to the end - I have not wavered since my entry in April 2009. Remember there are alot of big players who bought in much higher then current levels. Good night all
The risk is there for me for this stock to be greater then approximately 25-29 cents as outlined in the company POR.
I for one feel more relaxed now then ever.
Madclown is the man in my books - Calls it like it is
Why do you think that? - If there is a better plan then the one the company proposes, then surely the judge must consider it. Having recently approved a big bonus for Mr. R and then to see how is treating the shareholders, I would be inclined to believe that he would consider an improved POR. By the way, I thought you waiting for $5.00/share (without dilution) by the end of the year?
Well well, So it appears that Mr Jacks is off the EC. If this is true, please Mr. Jacks tell us why you have given up the fight for all of "us" shareholders?
Is another retail investor now allowed to take his place and fight for us?
Well, at least the stock won't go down on Monday!
Hey Wallsteet,
Are you still on the EC?
I am going to start daytrading HUN. Up over night, morning drift down, afternoon climb and late day fall. Repeated almost daily.
A angry SVP - That's excatly what we need and why the sooner it goes down, the angrier they will get.