Sears Holdings Corp. (fka SHLDQ)

[I-Man]

September 24, 2018
2:33 pm ET
Newell Brands' Slide Is Called Too Steep -- Barrons.com
Dow Jones
10:43 am ET
The CEO of Sears Is Making His Biggest Push Yet to Avoid Bankruptcy -- Barrons.com
Dow Jones
9:41 am ET
Sears' stock fall 4.3% after CEO Lampert proposes asset sales to pay down debt
MarketWatch

LOOK, the ONLY thing Eddie Lampert can do NOW is series of Reverse Splits (R/S), like George Economu (Dry Ships, inc.) did over many years' time, to eliminate debt, and in his case (DRYS), completely rebuilt and entire fleet of global vessels all with up to 10 year locked contracts to oil majors and others.

Sears, however, would have nothing tangible in the end as they sold off and gave away everything that was "Sears", and DRYS, has equipment, vessels, contracts, etc out there today and a new Shipper.

Just making comparrison here. I have rode through more BK's and reorgs than I care to admit over 3 decades. GM, CIT, YRCW to name a few, etc etc etc