InvestorsHub Logo
Followers 12
Posts 1297
Boards Moderated 0
Alias Born 04/02/2009

Re: VelvetJones post# 35121

Tuesday, 05/21/2019 8:46:07 AM

Tuesday, May 21, 2019 8:46:07 AM

Post# of 37346
VJ,

guess sears is going to have to start printing their filings using a small font and eliminating all spaces between the sentences so that the reading challenged won't be tempted to try to read between the lines.

seems like in english, cancelled means cancelled. in other words, the common stock will be null and void. since there is nothing left around which to reorganize, there WILL BE NO ISSUANCE of shares in any new company. those still in disneyland need to read the docket! sears is providing both a chapt 7 and a chapt 11 explanation of how debt will be settled. there is no provision for common stockholders other than zero value.

this is an unfortunate offshoot of don't believe what you read and see with your own eyes, trust alternate facts.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.