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Which day do you see them objecting to changing over to chapter 7. They have to June 25th to object and hearing is July 2nd. June 25th is crazy day for Mr Judge. That’s ICO’s big day too. Maybe this week IMNP will object. The big mystery. Hilarious
Hey MUMU. When do you think they’ll get the property back. Maybe day of court date or do you figure a couple days after. Maybe they will purchase Amiket as well. Awesome that they will get everything without paying for anything.
Mimi I’m just glad we got extension for reorganization
I agree. They need it back. Totally agree
Nothing happening BigRon. It’s same old, same old. We did make it past that June 17th date. I was really biting my nails. I guess we just have the ICO court date to look forward to.
I assume most of you can see. Sorry I must be specific. That’s total liabilities for unsecured creditors. Cheers
I assume most of you can see. Sorry I must be specific. That’s total liabilities for unsecured creditors. Cheers
12673847 total liabilities
Hey. Where are all the smart people? Looks like you are all going away like me. Hilarious
Can you be more clear? Sorry rider. Don’t understand.
I do hope some of you bought during liquidation and in unregistered offering. You think time is being tacked? That was just so awesome. It just sucks holding. Any ways. Wish you all well. What I would like to know is who sold the control shares to the affiliate in the first place. Pretty generous. Almost free. Glad I kept buying. I believe us Longs definitely persevered and deserve the shares. Does anyone know the sign of when tap is turned off? I’m assuming it’s just volume. I know some offerings can last up to 45 days. I know it’s over now. It was fun while it lasted. Now it’s just a holding game.
Maybe August will be the best month since legend was removed in February. Tough call.
The holding period should be done by Jul 17. I think July will be quite interesting.
No comments. I thought there would be some smart people making up some good stories. Skiier tried to make a good effort.
So Exterra was hired December 18th. Tony said six months in his filings. Another lie. No where near a deal. Nowhere near a sale motion for Bert. Nowhere near anything and here sit at the 6 month mark as of tomorrow. So I guess this little dance isn’t really going according to the filings as one person believes here. Tony has lied the entire time and he is the one that got us in bankruptcy. Sure was Johns fault. Remember this. Tony went to John again for another loan. Tony knew full well whom head was dealing with and knew full well he had zero money to pay the loan. He hadn’t even paid any of the other creditors with Hudson Master Fund at the top of the list. John was just doing what he was told to do off book. But having now Armory come in to finish off what Exterra tried to do is hilarious. Maybe the 6 month time clock starts when Armory was retained. I’m sure that will be their new excuse. Hilarious. So funny.
Any smart people want to reply to my last comments. I just want to hear what the smart people want to say. So far no comments. I thought I would definitely get some great answers here.
By the way. Teper has done lots of business with John in the past. Discover Growth Fund has given huge money in the past. So there is no flexing of muscles. This is all pre-arranged from years prior. Cheers
I actually wish John took over this whole business. He should take on the whole company. Split into pieces and make some serious money for us shareholders.
THIS WAS ALL PLANNED OUT. BANKRUPTCY. THE REORGANIZATION. THE WHOLE WORKS. THE WHOLE NINE YARDS. EVERYTHING IS PLANNED. JOHN IS AWESOME. TEPER IS AWESOME. IM AWESOME. IM MORE THAN AWESOME. I AM ROYALLY AWESOME
Oh man SNOWPLOW. You need to find a base and stand on it or your out of the game. Actually. The whole time has been to reorganize as it says in filings. And they are selling bupkis. But they will be merging and doing reverse split as planned in 2018. And no they did not want to see what they got for Bert. Those bids were all a joke. All a facade. All blah blah blah. Dude stick to lies. You are more funnier that way. I hope you all are as dumb as your words. Guys like me eat you small fries for breakfast. Hilarious. “A” for effort!!!!
I thought case was in Southern district of jersey. New York. Wow!!! Great work guys. SNOWPLOW and TIBO are great gamblers. Love the teamwork. Keep up the teamwork. Great to see when people come together for the common goal of creating chaos and confusion for the weak minded. Try narrowing the focus. That’s my only tip for you young tots. Attack like the Bear J. I need more good laughs. Cheers
Sorry people. This SNOWPLOW is absolutely wrong. Firstly there are two secured creditors. Hudson Bay Master Fund is one of them. The other is Discovery. Hudson’s was unsecured but became secured when they filed a lawsuit against IMNP before the petition was done. Everything is planned out by Teper. All is described in the filings. So that that’s the one thing I do agree on.
It’s idiotic to think that John just had discovered what the bids were going to be. We all knew what the potential bids were going to be. A no brainer. I for one could care less about UC results. We have strong BP results and that’s all that is important to achieve high bids. The fact alone that IMNP neglected to pay any debt yet Discovery gave them a loan is hilarious in itself. The whole plan was to take a loan and then have Discovery push them into bankruptcy to do a deal that would allow them to transfer assets without taxes and in the end free and clear.
Teper has the means and it’s fair to say he’s had them all along. They have the rights to the Ceplene and deal has probably already been approved as they don’t need any court date to get approval with an outside BK sale .
I for one do not for one second believe this is just a Ceplene sale. It will be a merger. Mark my words. Skiier is just trying to provide insult to the misery for many of the longs here. I for one am quite excited for the end result. The reverse split won’t be lovely to deal with but I expect it. Quite sad actually. Won’t stop me from buying more. This delay is not only because they are waiting to do consummation. I believe there is a block on the shares that they are waiting for to end. Lots going on behind the scenes.
The only reason Chapter 7 would be denied is because Discovery has absolutely no control over anything. Hudson Bay Capital on the other hand has huge control. Huge!!!!
I would prefer Chapter 7 over what’s coming. We would get huge money in Chapter 7 liquidation. The trustee would work hard on getting us top dollar. But in the end we most likely settle for merger and partnership and offering to follow. Teper has always had the money. He’s raised huge money for this company and is very good at raising money. I love how SNOWPLOW is saying that Teper can’t raise money. He just. talked about a 60 million offering in January. Does that sound like he can’t raise money. Hilarious. IMNP just got approval for BP and orphan status and European approval for Ceplene yet they can’t raise money. Hilarious. They were raising money when they had far less. SNOWPLOW, do you raven compute how stupid your words sound. To actually take the time and think about that. Just stick to learning the alphabet like a first grader. I love how you use dollar amounts without any math to them. You just spew out false numbers. Only a fool would listen to you.
1:20 split coming. Maybe even greater. Maybe a 1:40 split coming. Merger should be announced in July. September should be when consummation is established. Backdoor coming. Hopefully no following. But I’m pretty sure that 60 mil is the follower. Yikes. I just hope my purchasing will help me with the split. Some here will be wiped out.
So if you are gambling then you really shouldn’t have an opinion. I mean zero opinion. If you’re just placing a bet, then you should just keep your mouth shut. Especially if you know nothing about the business. Why say anything if you know nothing about the business. I totally respect young kids buying a few shares with their allowance. Nothing wrong at all with that. I say bravo. But to actually interject an opinion on a company you nothing about. Well that’s just blatant stupidity and insulting to the people that have been around for the last three years. Now of course, I could care less about a small minded individual making bubba boule noises. But I will always point out to that person that they are a very insignificant person in the world of this investment. Make sure you dump your shares my way. I will be buying up to July 15th. So don’t you worry. I’m here all summer. Cheers
Hey Wing. When do you think this block will be off? You think in July or August. It looks like two transactions happened. One in January and another in February. 6 months from either one makes it a long trek putting it in July or August. Do you have a thought in there Wingman? Any perspective??
I had know idea that Daniel Kazado was a pop star. An actual singer performer. Wow. Did not know that. I am lost for words. Seriously lost. No words.
Hey Wing. Did you get your 20 mil. We only picked up 16 mil. I’m taking a chance on these q’s. Buying another
4 mil soon. So awesome. Thanks for giving me the heads up Man. Great plan. Wish I had thought of that earlier. Text you later. Cheers bud
Hey Bud. What guy are you referring too. I’ve been nothing but a gentlemen on this site. I never swear or curse or offend anyone. I only want the best for all here. I want my electrician, my plumber, my contractor, my accountant, my lawyers, my pool cleaner, my therapist, my housekeeper, my employees, my family, my friends to win big. I want all to win. Always have. But after this deal, I want every F-ing one of them to scurry off after they do. I want zero association with anyone that I’ve helped. You want to join my band wagon then you must understand the risk and pay up. But one thing I am not is someone that will help twice. But hey, I’m good, I’m off on a beautiful summer holiday. I’m actually planning to do some glamping on the island. It’s crazy stuff. I’m going to love this summer. Celebrating tonight. Kid just lost her front tooth. So happy for my princess. Cheers to all the hopefuls.
I started buying at 3 bucks . Haven’t quit. Still buying. I’m just hoping for price to go down so I can buy more. I have a pretty good idea what’s happening and I’m just a little more interested in buying. No big deal. I hope the lag in time will make people want to sell. I am very calm and yet very excited. Cheers
I wonder how they got the automatic extension to July 2nd. That’s tres bazaar.
They got automatic extension.
Rule 9006-2
What’s interesting as it explains below, the court would need to sign the extension order before the end of the original deadline filing. So the bridge order is very elusive to me.
AUTOMATIC EXTENSION OF TIME WHEN TIMELY MOTION TO EXTEND TIME IS FILED – New August 1, 2013
Unless otherwise provided in the Bankruptcy Code, the Bankruptcy Rules, the Local Bankruptcy Rules, or order of the Court, when a motion to extend the time to take any action is filed before the expiration of the period prescribed by the Bankruptcy Code, Bankruptcy Rules, Local Bankruptcy Rules, or order of the Court, with a return date that is no later than fourteen (14) days after the date of such filing or, if the Court is unable to schedule a return date within such period, as soon thereafter as the return date may be scheduled by the Court, the time shall automatically be extended until the Court resolves the motion to extend the time. An automatic extension under this rule shall not require the issuance or entry of an order extending the time.
Comment
This rule was added in 2013 as an exercise of the Court’s discretion to extend time under Bankruptcy Rule 9006(b) and to obviate the need for a “bridge order” in certain circumstances.
This local rule does not apply if an automatic bridge order would be inconsistent with a provision of the Bankruptcy Code, Bankruptcy Rules, Local Bankruptcy Rules, or order of the Court. For example, Local Bankruptcy Rule 9006-2 would not apply to motions to extend the time to file a plan or to confirm a plan in a small business case because, pursuant to section 1121(e)(3) of the Bankruptcy Code, such extensions require that the Court sign an extension order before the existing deadline expires. In addition, extensions of time for a lessee to assume or reject an unexpired lease of nonresidential real property are governed by Local Bankruptcy Rule 6006-1(c), which contains certain limitations, instead of Local Bankruptcy Rule 9006-2.
Oh snap. I called it and I was right. Wow!! How cool is that. New court date July 2nd. Obviously they got their extension and rescheduled court date. What! What! Let me do my Carlton dance. They even hired Sherman Potter for their new course in Israel. More big bucks being spent. The Israel court is the real secret stuff. The good stuff.
I don’t believe you really have an opinion bud. You are just a watcher. No insight and no thought. Just words. I’m seeking and buying at whatever price. I just gave numbers for fun. Anything under 3 bucks is great. I love it all. We have our extension and no deal will be done with Vector without reorganization approval. Nothing. Absolutely nothing will be done without the plan in motion.
I don’t believe you really have an opinion bud. You are just a watcher. No insight and no thought. Just words. I’m seeking and buying at whatever price. I just gave numbers for fun. Anything under 3 bucks is great. I love it all. We have our extension and no deal will be done with Vector without reorganization approval. Nothing. Absolutely nothing will be done without the plan in motion.
Big retreat coming after 17th.
The consolidation will be brutal. They will bring the OS to its knees. Minimum 1:20 split. Maximum 1:45 split. Nasty stuff. Tastes yucky. Stay tuned.
I’m waiting till after Monday. I’m hoping for some shifts in mindset. I want to pound the nail hard. I need to do all in one big swoop. At this stage the volume makes my process painful. I prefer people just knowing what’s up. This way they know someone is willing to come in when they are in their lowest and most desperate need to sell. I just want to be a helper when people are at their lowest level. It’s not fair for people when they see prices go even lower and with no where to go. So I hope it takes a turn for the worst next week. It should be a pretty bleak summer. Scary times. Very scary. Like seriously scary.
I’m sorry bud, I don’t understand your logic. I personally have never sold one share for the last 3 years. I’ve only purchased. My goal is to accumulate. I want to be prepared for whatever comes my way. Reorganization will take all outstanding shares into account. The only issues is the consolidation we’ll face. I basically acknowledge that we received extension once we go past June 17th deadline for stay. So explain your logic. I’m serious. Not trying to burst your bubble. Just making conversation. I’m locked in and ready to buy after this extension. I’m definitely hoping for a dump. Dump away. If that extension is done, which it is, then I’m in this like a dirty wet shirt until court announces approval. Which by the way won’t be for awhile. That’s of course I’m right. Can’t wait till Tuesday.
Hey. Does anyone want to sell 4 million shares for .003 to .005? Just curious. Next week I’m thinking about loading up. Just trying to put feelers out. Cheers
June 25th is for ICO not for IMNP. I don’t think we’ll hear anything about Vector until later July or August. That’s the truth. I don’t expect to see any deal. It’s reorganization for sure.