Large Green Friday, 01/11/19 07:44:42 PM Re: None 0 Post # of 12846 The Following Bullet Points Indicate That SHLDQ Reorg Is Successful With Commons Left Intact • Authorized Shares = 500,000,000 • Outstanding Shares = 108,992,750 • Insider Ownership is 70 Plus Percent • SHLDQ and Amazon Already Have a Partnership – Positive Adjustment as Shown in Link-? https://www.usatoday.com/story/money/2018/08/29/sears-amazon-take-their-partnership-nationwide-turnaround-stock/1135362002/ • I View SHLDQ Very Similar to Mel Karmazin Near Bankruptcy With Sirius Satellite very successful reorganization https://deadline.com/2011/05/howard-stern-vs-mel-karmazin-its-war-135460/ Here is part of the clip from the above link: At issue is what happened after Sirius and XM merged in 2008 and the combined company nearly went bankrupt in 2009. As the recession killed new car sales (by far the biggest source of new satellite radio customers), Sirius XM couldn’t meet its hefty debt payments. The company’s stock plummeted to below 6 cents. That’s when Karmazin turned to John Malone’s Liberty Media for a rescue: $530 million in exchange for 15% interest as well as 40% equity in Sirius XM. But after the stock went to 50 cents, Karmazin and a few favored executives received options for approximately 150 million shares at that price. Today, Sirius XM stock is over $2.40. “This option arrangement was not offered to many other shareholders, including Howard Stern,” one of my sources complains. Add to this some massive “golden parachutes” for Karmazin and others, and Stern feels inadequately compensated for his contribution. • My Summation from The aforementioned facts: When one looks at the facts, a reorganization with very low, 100 million plus of outstanding shares with an additional 500 million AUTHORIZED shares that are shelf-ready, very high insider ownership of 70 plus percent with a large percentage owned by the CEO, Eddie Lambert who has every reason to see this through to success. This is the perfect type of company to take through a bankruptcy reorganization, keep common shares intact with shelf-ready authorized shares ready for immediate use and almost mirrors in terms of insider ownership, a successful reorganization like Mel Karmazin with much ownership concentrated with the CEO and another other top inside investors. To me, this looks like a great bet when one could have easily purchased between .39 and .48 cents a share on Friday, January 11, 2019, and yes, I purchased a sizable amount looking for a positive outcome from the bankruptcy court during the week of 1/14/2019 through 1/18/2019 and plan to hold for many months.