Wednesday, January 03, 2018 8:17:56 PM
Docket 971 was filed today to pay the post-petition GUC to SAP - they settled on $5,715,000 which was less than the $7,000,000 SAP had originally requested in their claim:
https://cases.primeclerk.com/ciber/Home-DocketInfo
The cash that is on their balance sheet from the asset sale of everything (and I mean everything - IP, logos, patents, offices, employees, etc., etc.) that CIBER owned to HTC Global, is slowly dwindling. There are still many GUC's that have to be settled.
The DD that has been done on LEGION PARTNERS, et al, in my opinion, is not correct... The actual EDGAR filing that the DD referred to as a FORM-4 filing - they were selling shares, not acquiring them. Just max to the bottom and take a look at the Schedule A:
https://www.sec.gov/Archives/edgar/data/918581/000156020717000022/sc13d_a5_nov212017.htm
Also, refer to these following EDGAR filings as to the trading that Legion Partners, et al, did over the last 18 months and make your own decision. IMHO, these guys were hoping for a buyout, not a BK:
https://www.sec.gov/Archives/edgar/data/918581/000156020716000028/sc13d_a3_nov212016.htm
https://www.sec.gov/Archives/edgar/data/918581/000156020716000007/sc13d_a2_jun212016.htm
https://www.sec.gov/Archives/edgar/data/918581/000156020716000004/sc13d_a1_jun22016.htm
CMTSU - Can't Make This Shit Up Liquidation, Inc. is only a shell with no business or revenues and CIBER Global now belongs to HTC Global.
This is only my opinion and I do not own any shares...
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM