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
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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 .
Recent DO News
- DIAMOND OFFSHORE TO RELEASE FIRST QUARTER 2024 RESULTS • PR Newswire (US) • 04/17/2024 09:34:00 PM
- DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT • PR Newswire (US) • 03/04/2024 03:00:00 AM
- Diamond Offshore Reports Fourth Quarter 2023 Results • PR Newswire (US) • 02/28/2024 03:12:00 AM
- DIAMOND OFFSHORE ANNOUNCES NEW FLOATER COMMITMENTS • PR Newswire (US) • 02/08/2024 07:45:00 AM
- DIAMOND OFFSHORE TO RELEASE FOURTH QUARTER 2023 RESULTS • PR Newswire (US) • 02/06/2024 10:14:00 PM
- DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP CONTRACT • PR Newswire (US) • 11/13/2023 12:58:00 PM
- Diamond Offshore Reports Third Quarter 2023 Results and Announces Contract Awards of $240 Million • PR Newswire (US) • 11/06/2023 10:53:00 PM
- DIAMOND OFFSHORE TO RELEASE THIRD QUARTER 2023 RESULTS • PR Newswire (US) • 10/17/2023 08:07:00 PM
- Pickering Energy Partners Acted as Co-Manager to Diamond Offshore Drilling, Inc. • Business Wire • 09/26/2023 06:04:00 PM
- Diamond Offshore Announces Pricing of $550 Million Upsized Private Placement of 8.500% Senior Secured Second Lien Notes Due 2030 • PR Newswire (US) • 09/12/2023 09:15:00 PM
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