Sears Holdings Corp. (fka SHLDQ)

[Large Green]

SHLDQ MAY FILE Motion To Exit BK CASE Within DAYS***


SHLDQ meets Thursday, 2/14/2019 to discuss an extension for POR to June 12, 2019, BUT...BUT...BUT this may not happen this way...RATHER, READ-ON

This may be the reason the 8K has been delayed for the Judge approving the sale on 2/8/2019. They have 4 BUSINESS days to file, so this 8K MAY NOT show up until Wednesday or Thursday, 2/14/2019

I Believe There MAY NOT Be an SHLDQ Reorganization Plan, Rather File a Motion to Dismiss The BK Process

I find SHLDQ's share structure VERY attractive when it comes to saving their current share structure.

On Friday, February 08, 2019 Judge Drain approved the sale of SHLDQ to Eddie. On Monday evening February 11, 2019, there still has not been an 8K filed showing this sale complete. On Thursday, February 14, 2019, Eddie will discuss getting 6/12/2019 approved and extended from 2/18/2019 to file his reorganization plan

I believe Eddie MAY not even actually file a reorganization plan as there has been very little discussed regarding a reorg plan. Also, there has not been any discussion in filings that common shares will be canceled which is very unusual in a bankruptcy chapter eleven reorganization, however, the usual disclaimers about risk have been discussed

So, I believe within days and possibly as soon as SHLDQ files their 8K discussing the sale approval they may also file a motion with Judge Drain’s court requesting dismissal from chapter eleven procedures and dismissal from the bankruptcy court now that the sale is final which would mean there is no need for a reorganization plan

Eddie discussed being EBITA positive for the calendar year 2019 and he also has over 400 million dollars of cash on hand. I firmly believe he has a much-expanded agreement with Amazon that he wants to move on quickly and by staying in chapter eleven for another year would not only add needless 60 to 100 million in legal fees but also prevent him from moving forward with his future plans. These plans are possible with Amazon, so time equal huge sums of money

SHLDQ has only 100 million plus common shares outstanding with 500 million shelf-read AUTHORIZED shares available for IMMEDIATE use to use as BAIT to attract, make deals with Creditors and others. Watch and see this play in action.

Now, when SHLD uses say 50 million of the authorized available shares, then there is dilution but this will not be too bad in my view because there will be a huge value added. This especially if there is a deal in the future as I suspect. Such as a potential equity infusion from SHLDQ's current partner Amazon should this partnership be expanded.

The Following Bullet Points Indicate That Commons Left Intact

• Authorized Shares = 500,000,000

• Outstanding Shares = 108,992,750

• Insider Ownership is 70 Plus Percent after triggering buybacks of common to keep NOLs in place

• SHLDQ has over five billion in (NOLs) Net Operating Losses to use for 20 years forward

• The reason the share structure MUST stay intact is due to the (NOLs) Net Operating Losses and various other tax attributes which will make SHLDQ have a 15 to 30 percent advantage over competitors and may have made the ultimate difference in liquidation or staying intact as SHLDQ - DO NOT UNDERESTIMATE the value of various tax attributes

• 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/