Replies to post #134 on Hornbeck Offshore Services Inc fka HOSSQ

[uber darthium]

Your recovery looks more like a global sinking of the fleet or a corporate Titanic voyage. The $1 BILLION plus debt and losing 6 - 8 million a month and each week parking more and more of the fleet is called a recovery?

In my world they call that preparation for bankruptcy.

The word on the street is that their present and former customers are getting a very clear picture of th,ebfuture of House Hornbeck

[uber darthium]

I see even more boats now parked according to vessel AIS

The HOS vessels not reporting AIS signals are considered to be long term dark (rusting)(very little maintenance, if any) stacked or seriously in violation of a bunch of nasty laws, which we both know Todd is stupid, but not that stupid.

Can’t wait for those first quarter financials. I have a $10,000 bet with someone to see who gets closest to the real reported number. Todd still living the life like nothing matters. How’s the farm Todd ? How about that Hornbeck ego?

Winter is coming for House Hornbeck

I check AIS almost daily, I am going to win this one. I’ll take that ten grand and buy a couple of HOS boats at bankruptcy auction

[uber darthium]

Winter is coming for House Hornbeck

Wednesday May 1st, at the close of Market

[uber darthium]

‘‘Twas the night before the end...

Can’t wait for the first quarter results

[uber darthium]

Losing $36.6 million a quarter Todd ??? Great recovery

I enjoy shorting your POS company into the pennies

Hornbeck Offshore HOSing its shareholders

[uber darthium]

Some recovery, over half the fleet is stacked “the Company’s active fleet for 2019 is expected to be comprised of an average of 29.9 new generation OSVs and 5.9 MPSVs. With an assumed average of 36.0 new generation OSVs projected to be stacked during fiscal 2020, the Company’s active fleet for fiscal 2020 is expected to be comprised of an average of 30.0 new generation OSVs and 9.0 MPSVs. ”

Hornbeck HOSing the shareholders

Todd still living large at the farm

Paycuts except for stock bonuses to the insiders

Paying for the last 2 newbuild boats, they are out of cash by September

Poof !!!

HOSed to the pink sheets !!!!

[uber darthium]

We like high interest payments !!! Keep it going Todd

Until September when, I predict IMO only, you run out of cash.

How’s the farm doing ?

[uber darthium]

Your “ recovery”. “However, management recognizes that its plan depends on the actions of these third parties, including reaching an agreement with existing senior note holders and/or obtaining new sources of liquidity, and, therefore, the Company is unable at this time to conclude that such plan is reasonably certain of being achieved. Accordingly, given the uncertainty with respect to the Company’s ability to pay its 2020 senior notes in full as they become due, the Company acknowledges that substantial doubt exists regarding its ability to continue as a going concern. There can be no assurance that cash flows from operations will increase materially or that the Company will succeed in reaching agreements with its senior note holders or accessing new capital to pay the 2020 senior notes in full as they become due within the next twelve months. - “

HOSed is essentially out of business within 12 months. It’s says so right there. Short this with a vengeance

the company acknowledges that SUBSTANTIAL DOUBT exists regarding its ability to continue as a going concern.

Just read the 10-Q posted on this board from May 10

Don’t get HOSed by Todd

[uber darthium]

If You Had Bought Hornbeck Offshore Services (NYSE:HOS) Stock Five Years Ago, You'd Be Sitting On A 97% Loss, Today

Simply Wall St.
Simply Wall St
Simply Wall St.May 16, 2019


Way to go Todd !!!!!

97% loss. Great job from our CEO !

One HOSed goes under, maybe Todd can get a job at UBER. UBER loses money like HOSed, only more of it.

Todd will fit in like a glove over there.