Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
TY :), hopefully can cash out tomorrow, to many shares I doubt my entire sell order will fill
I just came home to todays move and I was quite happy =)I'm thinking of selling half
The slide seems really amateur, not that that really matters. The wording on slide 7 cant tell if they are saying siri wrspq is still happening.....
GOOD F'ING FIND!
I'm done buying, all a gamble now just sitting and waiting to see how it plays out.
I guess that would a big positive if we a licenses or certain licenses were not included.....
do we know if all the licensees are being transferred as well?
Crosses fingers.........
hearing canceled....any thoughts?
Do we know how many shares of wrspq sirius/xm owns? I see 0, but I thought XM was at least a 5% owner Im guessing they sold? If so not good....
I agree. I think we all are making our self going crazy trying to figure this out lol. What will happen will happen @ this point I don't think its supposed to make sense until we realize "Of course our shares are worth 0" or "WOW I knew Malone would come thru" defiantly is fun trying to figure it all out in the meanwhile
Yea I'm well aware of the rules that they cant be sold. & Yes your right if there is a chance in ownership it does cancel the NOL's. I've been preaching that w/ all along here lol. I was just wondering if that's implied then why would it need to be pointed out. As well there is a line that specifies that there is no change in ownership occurring. Those are things just stood out to me that seemed positive, they could be garbage terms in all chap 11 filings? Maybe we should look up another Chap 11 asset sale and see if those lines are included?
I agree. No offense MGTY1 I know you and I go back and forth some time, TRUST ME we all are on the same team but you cant just blindly pump with out some type of "reasonable" speculation. Black eye peas, Direct TV, IPADS, Bank of America, New sats already in the air, ect...ect... has 0 to do with this my friend. However if the head line broke that it did I'd be more than happy to take it. This is all speculation to some point but we need to be reasonable given the information provided. I posted this early NY73, any thoughts? Seems it was stated in the asset sale that NOL's were not X-fered. Maybe some hope the fact that it was actually pointed out, this can be standard no idea not a lawyer I guess looking for any reasonable sign of hope in these documents....
assets NOT included in sale..............
(f) all losses, loss carrforwards and rights to receive refunds or credits with
respect to any and all Taxes of any Seller incured or accrued on or prior to the Closing Date,
including interest receivable with respect thereto;
Also I think I remember reading some where that the DIP can terminate any asset sale? Could be wrong about that to....
I mean did it ever look promising..........
assets NOT included in sale..............
(f) all losses, loss carrforwards and rights to receive refunds or credits with
respect to any and all Taxes of any Seller incured or accrued on or prior to the Closing Date,
including interest receivable with respect thereto;
100000 Stars to you for such an informative post. I tried reading through last night/this morning @ 2:00am and my head started hurting lol Today I'll read through and see if I find any information that may not have been listed.
WAY to much to read until I get home periodically browsing through for anything positive I'm no lawyer and I could be wrong but this stuck out
"No Assigned Contract may be terminated, or the rights of any party
modified in any respect, including pursuant to any "change of control" clause, by any other party
thereto as a result of the transactions contemplated by the APA."
UPDATE @ work trying to read through it from time to time if any one has read through today's filing please share.
http://www.kccllc.net/documents/0812412/0812412100602000000000005.pdf
I think you should read my reply history's. We are both saying the same exactly thing. I've always said this is about Liberty and preserving the NOL's. My only comment about the bidding/objections being relevant was because it crates public interest. Just as well as it the NOL's have a value to Liberty hes not the only billionaire out there so the last thing he wants is a bidding war (weather under his control or not)when your interested in anything, which may pressure liberty.
Read what I said I said its not the actual auction that helps its the fact that it now starts a public bidding war, I understand Liberty holds the cards here I'm not implying that the bidding war it self will save our shares, simply stating that increases that imperiousness that Liberty must come back to the table.
"which starts a bidding war and forces liberty back to the table."
They are also avilable in Canada
Actually yazmi and omnisat has plenty to do with us if you read the court documents it states that omnisat put in a bid of .5 million more then yazmi, which starts a bidding war and forces liberty back to the table. I know omnisat by its self means nothing but the fact that they are bidding speaks volumes.
Its in the court documents for today.
looks like omnisat is the first to give a limited objection to the sale of the sats....time is money
I agree and I've been saying that all the time. Soon we will know our fate.
Yea i just got 300k more (idiot) so guys thank me for price move.
I think the court documents says the sale(s) is/are for pretty much all there assets.
LOL well my shares are defiantly being ROASTED.
Of course you never know if we knew we'd sold our shares already.
I think we are all holding we are on on the same team I dont think any one here is going to dump @ this point until after an announcement that our shares are worth 0 lol
Was nice to dream, was always a lotto ticket still is who knows.....
I think this is beginning to be exactly what we think it is......
Agreed IMO this is just a legal game of chess/chicken to put pressure on Liberty, World space knows Liberty has more to gain in the long term then they have to lose, time is money. The documents today are exactly what Liberty asked in the prior motion for world space to provide, if they wish to sell the assets. IMO Liberty will block the motion and they both will eventually get the deal done. The question is will the deal keep NOT wipe out the common, we all know Malone is master of the complex tax beneficial deal....
In my opinion I think the first sale where he didn't come up with the money was just a ploy to avoid media attention while Liberty stepped in. I forget the initial amount but it was not a lot of $$ figuratively speaking, I'm thinking he really was able to get the money but Malone stepped in "sold" him on a better deal. Now they are just in hardball legal negotiation.
"Liberty NOW is the key. Without that, we are out of gas on this"
Bravo on that comment.
Yea I thought exactly the same it could be a tactic to get a either Liberty back to the table (Liberty calling there bluff) or start a bidding war. Either way expected to lose it all going in, but will be interesting to see how it all plays out.
I agree with you chances are looking REAL slim for the common after reading those documents. Wrote this off as a loss before I even bought in there was almost 0&% chance for common. People play lotto every day.