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IMO we see a run like SF$R had last month. Ran to 004's!
New CEO!
Seaheck, I do appreciate your DD here. I don't think you're just bashing this stock. I got out today, all but 200k of my shares sold.
Rather put the money somewhere else than have it disappear.
Seaheck I gave you a follow.
I got 1M hopefully get some more 3s Monday
$$CCTL watching this morning might have to jump in
Monster Moto has the scumbag management?? I think you got that backwards lol
Lol got my attention
In 7 weeks?
Q can't drop for 7 weeks?
No one can point one out, because there are none! .01+ coming soon. Anyone selling down here is going to kick themselves later.
I've stopped watching this stock everyday, I'm holding and waiting. I know where we're headed
Sticky Snapehead's post!
Tomorrow! Hopefully
You're right lol. One way to find out!
That's what I said yesterday! Wouldn't they have listed common stock in the same chart?
ARIOQ is the debtor. I think you meant creditors. Schedule f is not public
What do you expect to happen today?
It's stupid lol low volume day, they're not going to sell anyway!
Hmm but if the POR was already approved, how can anyone object now
If people would move their sell orders up we might have a chance to move past 1's!
Their plan of reorganization was already approved. Q could drop off anytime
Yup lol my brain is now fried.. I'm holding. We'll find out who's right here soon
Hope you're right!
I don't know seaheck. I've been googling and I just don't see how anyone could know without reading the schedule f. Just not making sense to me.
I appreciate your concern and warning. If I had 40M shares I would GTFO as well!! But I'll risk 2M. Hope you all have a goodnight, see ya 9:30am :)
It wouldn't make sense to just eliminate fractional shares, I can't imagine that would amount to much..
Wouldn't they have to put it in plain English for all shareholders to understand?..
Back to google..
Im already here lol I'm staying
I'm not selling either way. Only holding 2M.. $200.. I'll risk it. Risk vs reward
I just read it again, I see where you're coming from.. But how could we really know without seeing the schedule f?
This is what I'm seeing:
Class | Description
Fractional
Shareholders | This class also
includes all
shareholders listed in
the Debtor’s
Schedule F
Wouldn't they have to list common stock the same way as fractional shareholders? Under class?
What line does it say common shares will be extinguished?
Seaheck, can you tell me where I can read the POR
And the Q could come off at anytime?
Mine is at .10 haha!
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares cancelled
- Several claims expunged/eliminated
- Biggest claim (NIR Group, Inc. $234,000.00) = ELIMINATED
- Fresh start with almost NO DEBT (!)
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares cancelled
- Several claims expunged/eliminated
- Biggest claim (NIR Group, Inc. $234,000.00) = ELIMINATED
- Fresh start with almost NO DEBT (!)
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares cancelled
- Several claims expunged/eliminated
- Biggest claim (NIR Group, Inc. $234,000.00) = ELIMINATED
- Fresh start with almost NO DEBT (!)
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares cancelled
- Several claims expunged/eliminated
- Biggest claim (NIR Group, Inc. $234,000.00) = ELIMINATED
- Fresh start with almost NO DEBT (!)
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares cancelled
- Several claims expunged/eliminated
- Biggest claim (NIR Group, Inc. $234,000.00) = ELIMINATED
- Fresh start with almost NO DEBT (!)
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares cancelled
- Several claims expunged/eliminated
- Biggest claim (NIR Group, Inc. $234,000.00) = ELIMINATED
- Fresh start with almost NO DEBT (!)
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
Cancelling common shares:
The members of a board of directors can authorize the repurchase of shares by the company. The bylaws may require the shareholders to approve this action, as a buyback means spending the company's cash. In order to cancel shares, the company must first redeem them by paying the current price on the public stock exchange. A redemption of shares reduces the number of outstanding "issued" shares available to public investors, also known as the float.
Ask getting thinner