Renee Friday, 05/08/20 09:18:53 PM Re: jip53 post# 146 Post # of 183 jip53: from pages 33 and 34 of DOFSQ's 10Q: https://www.sec.gov/ix?doc=/Archives/edgar/data/949039/000156459020020673/do-10q_20200331.htm (black hilites are mine) Trading in our securities during the pendency of the Chapter 11 Cases is highly speculative and poses substantial risks. It is impossible to predict at this time whether our common stock will be cancelled or if holders of such common stock will receive any distribution with respect to, or be able to recover any portion of, their investments. We have a significant amount of indebtedness that is senior to our common stock in our capital structure. It is unclear at this stage of the Chapter 11 Cases if any plan of reorganization would allow for distributions with respect to our common stock and other outstanding equity interests. It is possible that these equity interests may be cancelled and extinguished upon the approval of the Bankruptcy Court and the holders thereof would not be entitled to receive, and would not receive or retain, any property or interest in property on account of such equity interests. In the event of a cancellation of these equity interests, amounts invested by such holders in our outstanding equity securities will not be recoverable. Consequently, our currently outstanding common stock would have no value. Trading prices for our common stock are very volatile and may bear little or no relationship to the actual recovery, if 34 any, by the holders of such securities in the Chapter 11 Cases. Accordingly, we urge that extreme caution be exercised with respect to existing and future investments in our equity securities and any of our other securities. All other SEC Filings for DOFSQ: https://www.sec.gov/cgi-bin/browse-edgar?company=Diamond+Offshore+Drilling&owner=exclude&action=getcompany To bite the worm of incite is to bite the HOOK of the antagonist . They win .