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Increase in revenues? Please do some research, golden DD.
Anyone else seen the latest motion? Any thoughts? Is it over?
That's what I was thinking also. Seems like it's going to be over. I'm also surprised at the bid but they do have the 7MM cash and who knows if we'll get anything. I will still hold on to the possibility that CDI remains and all other debtor companies convert to ch.7. Not sure if thats even possible.
Any ideas on the ch 7 language in the footnotes on the latest MOR (operating report)
The latest monthly operating report has some language of coming chapter 7 for debtor companies. I've been reading and trying to figure out of maybe CDI will remain and the others file chapter 7 or they all will convert? Any ideas from the business wise out there?
That 50 sma is so high seems like you chose to not even say the number :) Let's see what happens
I agree, I watched level 2 a lot today and there was strong support buying up shares in good sized blocks all over the place.
Nice blast from the past in line with the pharma patents. Making me want to stay long here
Future looking, what in the world does all that mean for us as shareholders in the Delaware corporation CDI? Im glad those vessels are gone but where do we go from here? Any ideas?
Tunnel vision I meant
Fair enough but there is plenty of work to do outside of the us gulf. Let's not have tunnel visit on the us gulf and remember CDI was global and they could carry on globally. The fact of the matter is if there are contracts penned and work happening I don't think anybody is going to turn away from doing business w Cal Dive if they ever emerge out of this mess.
Have you listened to cc?
Interesting, how do you think CDI can survive in this setup? Maybe Nautilus reverse mergers into CDI later? Could they do that legally? Or maybe CDI gets some license and support work or operates the vessels? I wish.
I listened to it and it seems very promising in my opinion but perhaps not anytime soon. The whole vibe I got from the cc is that these phage cocktails they are making are being discovered to do something extraordinary (make superbugs not super anymore) and that could be epic for this company who apparently has a corner on making these drugs so far. That's my take on it. Cheers
How can you say "they are not keeping the old stock". I would think clearly if they don't keep the stock going forward or restructure it not a cent will be paid to stockholders of worthless stock. It's my understanding they don't pay you and then cancel the shares. Don't you agree to how much care was taken in the beginning of these cases to keep the shares safe and not able to be bought more than 5%, etc?
I hear you but that's not really what's going on here. It's not about clearing resistance. This is all or nothing. If the company goes to chap 7 it's over. If they file a plan that does away with the shares its over. If they file a plan that keep the shares intact or creates new shares and gives us some for what we have then we will make money. It's not about these awful levels down here. It's all about this restructuring or not.
Since around March 15'
Are they working anywhere? What's up with CDI Singapore? I saw a job posting for I think it was a marketing executive in November. I know they were trying to sell that co. but I don't think it ever got sold. I can't believe how long this has been but I have read that some chapter 11 cases can last for years. Everything looks good for the coming years with oil, let's go and get CDI back in action already!!
Yeah, I just double checked. They are transferring the Deepcor shares back to Deepcor. Good thing lately is the money coming in with these settlements I guess. Did you see the 5+ MM coming from Arendal. It's interesting how they are settling out fast lately and I hope they would finally emerge out of this bk
Where do you see that? I see the opposite. That they are receiving 675k (I think) and in turn they are giving the Deepcor shares back to Deepcor. I hope I'm wrong, can you tell me what you saw or send a link? Peace
And we're talking court document filings for the cases of course. Not company filings as we know they went dark last year.
Here's the link I use. By the way, I am a bit confused by the filings as one person on here posted a link that had more and different filings than I have been seeing on this: https://www.kccllc.net/caldive/document/list/3984 if anyone knows where there are more filings than this link please let me know. Cheers
I've been following like a wannabe attorney since March 15'. Lately, including today's filings, are right in line with the past 21 months. Doesn't seem like a stand still to me and still is going forward as usual and hopefully will come to an end soon and in our favor (commons intact), or not. In my opinion this is obviously and all or nothing investment. If the shares survive they should sky rocket the coming years from these abysmal levels. If they convert to chapter 7 or have a POR that kills the shares, then we lose. In my honest opinion.
They have been different hearing attendance sheets for many many months
What are you talking about the stock doesn't exist? Where do you come up with these posts. And your statements that the cases converted to ch.7. You should be careful posting deceptive and manipulating public posts concerning securities. Please share ideas and post facts.
I agree
Another very possible way to close the cases is to convert to chapter 7. As a shareholder I want them to emerge with a POR and keep the share structure. That is a possibility in my honest opinion but there are major possibilities that this all could end completely worthless. In my honest opinion.
Who knows what will happen at this point. It's not a pretty picture. There is immense risk involved with any chapter 11. I am holding long incase they come through but I also would not be surprised if the shares become worthless. In my honest opinion. But if a person is ok with losing the money, the risk reward seems epic in my opinion.
I think since around March 15'. They don't usually take this long in my opinion. I don't understand how there is no plan or conversion to ch. 7 at this point.
Now I see the bid and ask spread back. I'm sorry for the confusion. I still don't understand that trade of 250 shares at that price but let's see what happens today. Anyone out there? Is this thing on? Radio check?
Anyone know what happened? Our shares are finally worthless? Today, for the first time since bk, there is no bid ask spread, the price is .000001 and there is no news anywhere. Let's hope they still emerge and our shares become valuable again. I know CDI went dark a long time ago, but there should be some news somewhere about the common share situation today?
Yikes, what is that 250 share trade at .000001? Is there a change happening here or just a glitch?
I don't understand how it can go this long without change to ch.7 or file a plan or re-org. It seems there would be a plan of some sort here and there ought to be some kind of movement in these cases. How long can it go on like this?
Someone still wants a lot of these shares. 5MM on the bid at .0006. Most people don't toss away 3k for nothing. I know it's not much but interesting at this point. That is a significant percent of ownership with CDIs low outstanding shares.
5MM shares on the bid at .0006 ??
The silence is deafening. I like the latest lawyer reports that at least there are still deals going down (d&r buying Singapore) and whatever else. It also seems clear that CDI is winding down all foreign subs but what about CDI themselves? Only time will tell. I am still holding and waiting and hoping CDI and the share structure remain intact into the future.
I agree that they are still alive until we see a definite end to these common shares. I always revert to how much care was taken to protect them going into this bk. Like the rules that were made that you couldn't buy more than 4.5MM or something without CDIs permission and things of that nature. Imagine what any good news would do to this. It's a classic all or nothing in my honest opinion.
I meant spex group
Spec group / CDI Europe together in today's lawyer summaries from April. Wonder what that is about. Hopefully something huge. Can help but have wishful thinking after this past 15 months of bk puke fest.
By the way when an entity is buying the shares of CDIPL, why would they do that? What are they going to do with the shares/ownership of CDI Singapore? Are they buying the name? Will CDI still have an agreement with new owners beyond the transaction? Does anyone have any business insight on the above?