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Seems risky at this point, no?
But why?
Who the hell is buying up all these huge blocks?
Thought you were sleeping in today. LOL
Are you aware of this and willing to help???
LOL...Thanks bro. I'll let you know in two months!!!
I think they have filed a petition for Chapter 11 and it hasn't been seen by the judge yet...I am still holding and will hold to 0. I'm down 85% now, so selling at this point doesn't gain anything. I'm hard headed and refuse to cut my own arm off. If someone else cuts it off then so be it.
LOL...I was just thinking the same thing!!!
Modus operandi
I'd be curious to find out why the company owes GOOGLE 5 million. That is interesting indeed!!!
You have a great weekend too bro!!! Even if this ends up bad financially for me, the money I invested was well worth it to make so many quality acquaintances such as yourself...not to mention the many, many lessons learned and valuable insights into trading/investing. It has already helped me in other plays I'm in so it has been worth it...But my gut feeling still tells me that the fat lady hasn't sung yet.
That information was discovered and posted on this board last night...Rich posted a screenshot of his search of the case number and Bassilius discovered the mispelled word...there is no filing. Only a PRWEB post that could have been created by anyone. This is not confirmation to me.
There is also no record of the case number in the court system. I'll be making contact with the lawyer team mentioned in the PR on Monday and get their story.
EDIT: I stand corrected. I just read Cheffrey's find. Nice DD Cheffrey
I've looked at the source information on the PRWEB posts to see if I can find the client ID and compare with other PRs posted by Krassenstein but seems ALL the PRs posted have the same client ID. Any of you smart computer whizzes want to see if you can determine if there is a commonality between these Atrinsic PRs and other PRs by the same client to possibly determine who posted them?
LOL...Wow Bass, you just made my day!!! How stupid do they think we are? What buffoon would mispell a key word in a PR? I wonder what the legal team will say about someone using their name in the PR? Can't wait until Monday now.
Rich just posted a screen shot where he searched for that case number and no returns were found...sooo????
The thought crossed my mind, yes!!!
Thanks bro...I suspected as much. Until I see it on that site and/or an official SEC filing then it's not real
I'll be watching on the United States District Court for the Southern District of New York's site for this Case No. 12-12553 next week. If this case no. doesn't pop up, then it's likely that the PR is a lie. But, you are correct. There is NO official news until it's verified, either with the legal team, the SEC or the court.
No thanks needed. Make your own investment decisions. ALWAYS!!!
BTW...that news is several hours old now.
I'm hoping too Sharklove. Call me an uber optimist and crazy but I still believe we can still see a positive outcome.
Disclaimer...Do not trade based on my comments.
Don't trade on my comments but yeah, that's what I believe. Take a look at my post from the other day regarding the new FB real time ads that Compass Labs posted on their FB. Sounds like the technology that Atrinsic had at one time to me. May be where the "equity" is coming from.
It's hard to say...if there is any credence to the $140 million valuation of the technology then we could see a vast improvement over the current share price. It really all boils down to debt to equity ratio and what settlement agreement has already been pre-packaged in the Plan Support Agreement with the creditors as to how much equity remains to distribute to remaining equity holders. It also hinges on approval by the New York District Bankruptcy Court. Bottom line is some of those remaining equity holders are insiders and I guarantee they aren't going to settle for peanuts. Let the panic selling begin...I'm holding.
Classy...Hindsight is always 20/20 for "expert traders"
I recall Dr P asking you back in FEB
Are you so sure you want to get rid of a stock at .25, if you can sell for 1.00 or higher soon? Hummmm
Not anymore...hold for the best...wednesday scared that cr@p out of me...i thought i was done for and started panicking...
Uhhh...I'm totally destroyed now. I thought I was on your trust list. Is it because I don't play hockey? Does floor hockey count? LOL
Maybe after the aliens get done with us you can trust me again.
I agree...it's a workaround to an insider buyout on the cheap basically. But, with that being said...I still think we'll get more value per share than the current market cap. Take a look at some of these links below...some interesting reading.
It sucks that this has turned out this way, but it is what it is. I'm chalking it up as a learning opportunity and it has certainly made me reconsider my investment strategy. I will never chase a stock ever again, no matter how badly I want to hold shares. LOL
http://library.findlaw.com/1999/Jun/20/127226.html
http://www.abiworld.org/committees/newsletters/busreorg/vol9num7/pack.pdf
http://www.bracewellgiuliani.com/assets/dir_docs/news_publication/18fccbfb-9124-4e76-b4cb-33cfa182dd5c_pdfupload.pdf
http://www.bloomberg.com/news/2010-09-02/innkeepers-plan-support-agreement-with-lehman-denied-by-judge-lawyer-says.html
http://www.orrick.com/fileupload/2905.pdf
I guess that ain't happening today
Nah...It shows that the dude has a sense of humor. Relax dude. Maybe you are in the wrong hobby...might consider a new one maybe?
Looks like Rich made a name for himself. LOL...Sorry if this has already been posted.
From IC Places Facebook
OMG... what is wrong with this guy Rich? Honestly, I can not even try to understand people like this guy who are obviously certifiably nuts. Our pages have never been hacked... and yes this is me Steve.
I just got back from the Press sessions for game 2. Off to Orlando in the morning for a few days then on to Miami for games 3 and 4 and back to LA over the weekend to interview the cast of Magic Mike. And doing all this well writing and finalizing the Punch TV deal. July will also be a great month for our partnership with Clear Vision. I will say that the company is in the best place we have ever been. The future is clearly bright!
BTW...Thanks Manroop for finding the Detroit Airport Clear Vision Network promo video.
Not that it is proof, but his linkedin still says he's WITH the company
I just heard a rumor that a New York City rental service just rented all their shredders out to "Someone" Sounds like a late night!!! LOL j/k
LMAO...whoaaa, TMI!!! TMI!!!
LOL...No, I was responding to your comment about Hangover 3 and the fact that it seems that Surklyn thought Dave was posting that information about himself. haha No one knows what happened 10 minutes ago, much less last night.
Yep, very interesting huh?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76623681
LMAO!!! WTF is going on guys? So, now Dave is fearing for his life and that of his family? Geeez...what is going on? And how did all these emails get posted publicly?
Not trying to argue here, but there are a couple of things in my mind that keep all of that from being a moot point.
1) The fact that BD is listed but using ATRN address in NY
2) The fact that the IP was from the Houston Data Center and not the Washington DC Data Center, which would be closer to Atrinsic in NY.
Isn't Bermeister's PersonalWeb located a mere 200 miles from Houston in Tyler, TX?
LOL...Stand in line. Drwright and I have already started the manuscript for the screenplay!!! I'm slightly ahead of him though as he's been imbibing since earlier in the day. LOL
Sorry all...I'll post more when I can find my box of crayons.
That's what he told you...
As my 3 ex wives have all taught me to say "you are right and I am wrong"