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Post# of 216677
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Alias Born 11/11/2016

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Friday, 07/21/2017 3:04:30 PM

Friday, July 21, 2017 3:04:30 PM

Post# of 216677
Watch List: BLIAQ (Shiny Blue Diamond: 100x)

Hey guys,

Wrote a detailed post in "The Hunt for the Next 10 Bagger." Would be interested in your thoughts. See below. Many thanks.

==========================

How about a potential 100x+ Bagger?
***Premium video on demand (P-VOD) rental worth 2-3x more to studios than a movie ticket.

I urge your first reaction not to be your retarded, WTF, your FOS, etc.

Hear me out.

Ive traded this company for the last 10 years with my most recent trade this year. Yes this company has been in bankruptcy for the last 7 years. The outcome for the revival of this company (common shares intact; no dilution) is a simple DEBT to EQUITY swap. The bond holders are "ON BOARD"

There are currently $242M in NOLs (net operating loses) in play but if the shares get cancelled, so do the NOLs. Who would throw away that kind of money?

The man in charge is known as the corporate raider, Mr. Carl Icahn himself. He controls the voting rights of what comes next. Also, Icahn is known for seizing profits from companies that have NOLs.

Did I tell you that they are NOW OUT OF BANKRUPTCY as of June 29, 2017?

The trustee has been discharged and FINRA by law is supposed to cancel the shares within 10-21 days after the trustee has been discharged. We are certainly near that date (depending on how they count biz days/holidays).

THE ONLY WAY FOR THE SHARES NOT TO BE CANCELLED IS AN "APPEAL"


Guess who probably is going to do that? Yes, you are correct, Carl Icahn.

So lets recap:
Out of BK as of June 29, 2017
Trustee has been discharged
$242M in NOLs but go poof if shares go poof
Icahn controls the show (What would you do if you were him)
FINRA by law has to cancel shares within 10-21 days

An APPEAL is the only way AND VALIDATES the whole thing (Wall St catches on)

If you are still with me and what I have written above make sense, then.....

Let me introduce to you again, "BLOCKBUSTER INC (BLIAQ) others know it by BB LIQUIDATING INC. (FYI, the court recognizes it as Blockbuster Inc.)"

I reserve your right for a chuckle......but seriously.

Right now, the movie studios and movie theaters are trying to figure out a PVOD solution*** for the new theatrical window that they are proposing (10-14 days) and also day releases.

LET ME REPEAT, NO "CURRENT" STREAMING PROVIDER OFFERS THIS "CONTENT"

Blockbuster will be relaunched as a "GLOBAL MOBILE CDN NETWORK" partially owned by the movie studio and will "SUBSIDIZE ALL DATA" like TMUS Unlimited Music which will be offered by Dish's trove of spectrum.

CHECK MATE


Now what I believe is there will be a relaunch of our beloved Blockbuster.

There's SOOOOO MUCH NOSTALGIA for this icon.

Ill also leave this for you guys, straight from Disney....
***Premium video on demand (P-VOD) rental worth 2-3x more to studios than a movie ticket.
http://www.barrons.com/articles/disney-whats-worth-more-than-a-movie-ticket-1499264529

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