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That is great news. Why ain't it popping??
What's is going on today? A very nice jump.
So let's say the Federal gov did legalize it.
Wouldn't the big insurance company jump all over it and crush NDEV?..
Just saying.. it could happen.
$200 will be world champion.
?? #FB
GOOD NEWS IS OUT!!
"PharmaCyte Biotech’s Cannabis Research Program Sees Significant Progress in University of Northern Colorado Presentations"
THIS IS GOING TO FLY VERY SOON!!
Go PMCB!!!!
I KNOW, I KNOW...
TO THE MOON! ??
Yea I know... to the moon.
Yea I know.... to the moon.
With DRYS Going down.
Why?.. So you can get all the babe?
Is not a poem but a song.
My version.
Just sit right back and you'll hear a tale,
A tale of a fateful tick
That started from this tropic port
Aboard this tiny ship.
The GE was a mighty sailing man,
The Kalani brave and sure.
Five passengers set sail that day
For a three hour tour, a three hour tour.
The weather started getting rough,
The tiny ship was tossed,
If not for the courage of the fearless shareholder
The MM would be lost, the MM would be lost.
Just sit right back and you'll hear a tale,
A tale of a fateful trip
That started from this tropic port
Aboard this tiny ship....????????
NADL - Amendments to Secured Credit Facilities
Source: GlobeNewswire
Hamilton, Bermuda, April 4, 2017 - North Atlantic Drilling Limited ("NADL or the Company") a majority owned subsidiary of Seadrill Limited, announces today that Seadrill Limited, on behalf of NADL and other relevant companies, and its banking group have agreed to extend a series of key dates as part of Seadrill Limited's ongoing restructuring efforts.
Seadrill Limited has reached an agreement to extend the milestone to implement a restructuring plan from 30 April to 31 July 2017 and also to extend the related covenant amendments and waivers expiring on 30 June 2017 to 30 September 2017. Finally, the Company has also received lender consent to extend the US$2.0 billion NADL credit facility maturing on 30 June 2017 until 14 September 2017.
These amendments are part of a broader package of measures Seadrill Limited, our major shareholder, is undertaking to refinance and recapitalize the business. While no definitive terms have been reached, based on feedback from Seadrill Limited, as well as the Company's existing leverage, we currently believe that a comprehensive restructuring plan will require a substantial impairment or conversion of our bonds, as well as impairment, losses or substantial dilution for other stakeholders. As a result, the Company currently expects that shareholders are likely to receive minimal recovery for their existing shares.
The Company expects the implementation of a comprehensive restructuring plan will likely involve schemes of arrangement or chapter 11 proceedings and is preparing accordingly. The Company's business operations remain unaffected by these restructuring efforts and the Company will continue to meet its ongoing customer and business counterparty obligations.
FORWARD LOOKING STATEMENTS
This news release includes forward looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company's plans, strategies, business prospects, changes and trends in its business and the markets in which it operates. These statements are made based upon management's current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Consequently, no forward-looking statement can be guaranteed. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F (File No. 001-34667). The Company undertakes no obligation to update any forward looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward looking statement.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: North Atlantic Drilling Ltd. via Globenewswire
Load up. Watch out for the bounce.
Wrong ticker. My bad
NADL - Amendments to Secured Credit Facilities
Source: GlobeNewswire
Hamilton, Bermuda, April 4, 2017 - North Atlantic Drilling Limited ("NADL or the Company") a majority owned subsidiary of Seadrill Limited, announces today that Seadrill Limited, on behalf of NADL and other relevant companies, and its banking group have agreed to extend a series of key dates as part of Seadrill Limited's ongoing restructuring efforts.
Seadrill Limited has reached an agreement to extend the milestone to implement a restructuring plan from 30 April to 31 July 2017 and also to extend the related covenant amendments and waivers expiring on 30 June 2017 to 30 September 2017. Finally, the Company has also received lender consent to extend the US$2.0 billion NADL credit facility maturing on 30 June 2017 until 14 September 2017.
These amendments are part of a broader package of measures Seadrill Limited, our major shareholder, is undertaking to refinance and recapitalize the business. While no definitive terms have been reached, based on feedback from Seadrill Limited, as well as the Company's existing leverage, we currently believe that a comprehensive restructuring plan will require a substantial impairment or conversion of our bonds, as well as impairment, losses or substantial dilution for other stakeholders. As a result, the Company currently expects that shareholders are likely to receive minimal recovery for their existing shares.
The Company expects the implementation of a comprehensive restructuring plan will likely involve schemes of arrangement or chapter 11 proceedings and is preparing accordingly. The Company's business operations remain unaffected by these restructuring efforts and the Company will continue to meet its ongoing customer and business counterparty obligations.
FORWARD LOOKING STATEMENTS
This news release includes forward looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company's plans, strategies, business prospects, changes and trends in its business and the markets in which it operates. These statements are made based upon management's current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Consequently, no forward-looking statement can be guaranteed. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F (File No. 001-34667). The Company undertakes no obligation to update any forward looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward looking statement.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: North Atlantic Drilling Ltd. via Globenewswire
Load up. Watch for the bounce!
Just saw this...
Who is behind Kalani Investments Limited? The short answer is I don’t know. I thought it worthwhile to at least try looking the British Virgin Islands (BVI) company behind toxic financings of Dryships (DRYS), TopShips (TOPS), and Diana Containerships (DCIX). For $30 I found out only two things: the company was registered by TMF BVI Limted of Palm Grove House, PO Box 438, Road Town, Tortola, BVI (a registered agent / legal firm that specializes in this kind of thing) and it was registered on March 24, 2016. As expected, the filings didn’t reveal any of the people who actually own the company and run it. I have uploaded the documents I received from the BVI corporation register. Kalani’s company number is 1909877.
Registration details (PDF)
Certificate of Incorporation (PDF)
Articles of Association (PDF)
Pre-Incorporation transactions (PDF)
Per the most recent TopShips 6-K (page 27) John Gordon from Hassans is the representative of Kalani (and again, this is just a law firm to hide who owns and controls Kalani):
Kalani Investments Limited
Palm Grove House
P.O. Box 438
Road Town, Tortola
British Virgin Islands
Facsimile: +350 20077343
E-mail: john.gordon@hassans.gi
Attention: John Gordon
and apparently Kalani’s law firm is Greenberg Traurig:
Greenberg Traurig, LLP
The MetLife Building
200 Park Avenue
New York, New York 10166
Facsimile: (212) 801-6400
Email address: marsicoa@gtlaw.com
GE DRYS and TOPS AND KALANI Are all together on this?
I agree. Go DRYS!
NFL football team approved to move to Las Vegas!
Now we just need the hockey team to get in place and epoxy will fly with there app!
This is old news.
$Expy!
Have a good feeling this Monday we going to see some movement!
Go go go bemax!
Great Work dawg! ??
Haha. More like pennyland. Lol.
Mkau have a new enemy to deal with.
http://www.nbcnews.com/tech/tech-news/youtube-announces-cable-free-tv-subscription-service-n726956?cid=sm_npd_nn_fb_ma
Good luck to all! You going to need it!
Following today's earlier launch .... CRS-10 Falcon 9 First Stage Landing today.
FB will sent there satellite up there.. again.
Hopefully this one makes it up there and the stock will sore with it.
Go FB!!!
I was at toy r us the other day and was doing some serious DD.
The staff ask if I needed help and I just told him i was doing some independent research...
None of the diaper at TRU
Say any thing about chlorine free products.
hmmmm.... I think we have something here fellows!?? Go BEMAX!