Replies to post #3846 on Breitburn Energy Partners LP fka BBEPQ

[Lilarmojohn]

Sickkkk. Ya GLF. That’s amazing. BBEPQ SHOULD BE THE SAME BUT BETTER! i have 20k commons holding over a year now.

[goodietime]

"Upon emergence, the existing shares of GulfMark common stock outstanding prior to the reorganization (the “Legacy Common Stock”) were cancelled and GulfMark will issue approximately seven million shares of new common stock (the “New Common Stock”), approximately three million warrants exercisable for one share of common stock at an exercise price per share of $0.01 and 810,811 warrants exercisable for one share of common stock at an exercise price per share of $100.00 (the “Existing Equity Warrants”). The holders of Legacy Common Stock as of the effective date of the Plan will receive 0.00271233 shares of New Common Stock and 0.02931672 Existing Equity Warrants for each share of Legacy Common Stock held by them and cancelled in connection with the reorganization, subject to rounding. The New Common Stock and the Existing Equity Warrants are expected to be listed on the NYSE American under the ticker “GLF” and “GLF WS,” respectively, and are expected to begin trading on November 15, 2017."

For the many here, smarter than me; If you had 1 old share,
what is the current value you now own?
What are the warrants worth?

[cents2ks]

The old only received 0.75% of the new. Subject to further dilution by the MIP.

Heck of trade if you bought the new yesterday...though, volume says next to no one is on that bus.