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[DIDDY28]

$$$Why JCPNQ will make investors Rich in only 30 short days! $$$

JCPN-Q had the Q added immediately after filing for bankruptcy because they are fast tracking Chapter 11 reorganization. JC Penny management simply used the COVID-19 shutdowns as an excuse to renegotiate old leases and exit unprofitable locations without any penalties or lump sum payments.

JC Penny’s is scheduled to exit Bankruptcy with all debts renegotiated by July 15th. At that time they will ask to be re-listed coming off the otc market.

Just as court documents reveal, JCPNQ’s assets far exceed its liabilities. This is not a Bankrupt company but rather smart management move taking advantage of the markets situation. Opposing attorneys have argued in court that the bankruptcy should be expunged immediately as it has assets that far exceed its liabilities.

There are currently 4 different bidders involved in bidding for JC Penny’s through bankruptcy court. The largest entity is Amazon, and they have already taken over one of JC Penny’s locations and are planning on using it as a distribution hub. On June 1st Amazon offered $10 Billion in bonds on the open market to raise cash. The last time Amazon offered bonds was in 2017 to raise cash to buy Whole Foods. Buy out rumors are swirling all over the media. The only problem is all bidders are operating under Non-Disclosure Agreements so the bids have not been released to shareholders.

In a wild move through bankruptcy court, the judge actually granted shareholders an Equity Committee on June 9th protecting shareholder assets/ value. In the link below you can see where attorneys argued that shareholders currently have assets in the amount of $11.85 per share! This was just released to shareholders.

https://img1.wsimg.com/blobby/go/e52e137b-92af-4273-a367-58417f136f9d/downloads/Shareholders_Objection_Petition_Docket_Final.pdf?ver=1591920095315
Scroll down to the bottom of page 14.

Monday offers an opportunity for an epic SHORT squeeze!