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Post# of 37346
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trader59

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trader59

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Re: trader59 post# 37331

Thursday, 12/29/2022 10:30:33 PM

Thursday, December 29, 2022 10:30:33 PM

Post# of 37346

Still seeing "gamblers" posting about receiving payment from the cancelled stock. Took me about 5 minutes to find the re-organization plan online for free and search it for "equity interests" (the stock).

Page 44 of this:

https://restructuring.ra.kroll.com/sears/Home-DownloadPDF?id1=MjIyOTk4&id2=-1

Stock is cancelled, and there is no recovery for the shareholders. It's over.



The bonds are also worthless, already shown in default, which means no coupons (interest payments) and no redemption. ST pumpers are fleecing people.

http://www.oblible.com/bond-US812350AF31.htm

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

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