Replies to post #2080 on Energy XXI Ltd fka EXXIQ

[FINRACOP1]

So trying to make sense of all this. If the Plan is approved then EXXI shares will all be forfeited. That means the EXXIQ will continue to trade and probably go up once they emerge from BK. Is that an accurate statement?

[Superones1964]

BLPH question You were right about EXXIQ I was wrong, my understanding was flawed, perhaps you can give me your opinion on BLPH I notice the CEO and directors bought over a million share is this a good sign.