Replies to post #30058 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[BBANBOB]

About all ya have to do is too LOOK at the first two pages of filings in this;

https://www.nasdaq.com/market-activity/stocks/jcpnq/insider-activity



9.4 mill shares TO ZERO shares and only filings showing the disposition of about 1.5 mill and purchase of 500K is what has been filed


It has been sent AT THIS POINT to those I think need to see this information and at least GET SOME EXPLANATION as to why there are APPARENTLY no FORM 4's for approx 7.2 mill shares WHICH SHE NO LONGER SHOWS TO HOLD

Allowing her a possible way OUT OF this mess IF IF IF it is a mess(if she did selling without FORM 4's), MIGHT BE a HUGE bargaining CHIP, and of benefit to equity here.

This ISSUE CAN and has been SETTLED IN A BK CASE BEFORE(WAMU) and was REMEDIED BY ALLOWING COMMON and PREFERRED EQUITY to survive in another BK case that MYSELF and others here were involved in.

[inventor1]

You must not read this thread or what the “posters post” here because if you did you would see that I have forwarded all of this information to Mr. Curry which is where it should be.

Many of the bankruptcy procedures and rules are moving targets right now because of COVID-19
Just because JCPenney’s files for chapter 11 doesn’t mean they are now immune to either the new changes or the old rules

This has been spelled out very clearly as I read through everyone’s post here quite clearly as well as bankruptcy law.

I further Believe that the delays and of course the leaks that are occurring our to our favor as Jcpnq Has been trying to rush as quickly as possible to get their “original” plan plan Approved

And was not expecting one of their own debtors to use their minimalistic numbers against them

And I do believe the EC committee not only has the right to submit their own plan but probably has all the information they need “if needed” To find the value that we as equity know is there

Now for my conjecture I believe A bider would be best served having A good relationship with the EC just in case ?

6-9

As Jcpnq moves much higher very soon

Ps
I don’t believe jcp wants the true value of all of the assets including real estate made public yet as this would hurt their “original” plan submitted to the court!

Let the fireworks begin this week