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Real McCoy

05/07/20 7:07 PM

#102858 RE: doughnuthole #102855

There was a buy out? But most here are bragging about the suspended shares they still own. Why or how could anyone believe this garbage?
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trader59

05/07/20 9:52 PM

#102869 RE: doughnuthole #102855

It is funny that there was never an offer extended to buy the shares. Not one. All of the bids made were disclosed, no share purchase. The offers contemplated during the SISP by the 2 companies who later withdrew were disclosed by the judge. No share purchase.

There is no doubt heavy doses of wishful thinking, filtered hearing and reading was applied by some, but there is also no doubt it was fed from the BS fairy tales told by the Twitter DD Fabrication Team. It is preposterous to even suggest that a company worth $4.17 per share ($540M) would file for bankruptcy owing only $100M of debt and liabilities. It is preposterous to suggest that a company whose stock was delisted at 15 cents would suddenly become worth $4.17 per share after the company shut down and was liquidated of its assets. Do we not believe those secured creditors employed any lawyers, accountants, etc., that could have sniffed that $540M out??? How that can be filtered "in" and the court documents filtered "out" has been the most extreme case of confirmation bias ever seen. This notion that there was some great mystery involved that had to be "solved" by reading between the lines of the court records and whispering in court has been quite entertaining to watch unfold.

Can't wait to see the new fairy tales on May 21...