InvestorsHub Logo

Jayman5000

11/01/20 8:50 PM

#44622 RE: sprtcrdlui #44612

Creditors can sell as soon as the Effective Date hits. And it was 14 days, not 14 business days. Read the stuff for yourself, there are a whole lot of opinions floating around that are not so much based in truth.

srm4u

11/01/20 10:23 PM

#44686 RE: sprtcrdlui #44612

slow down your getting ahead of yourself...one thing at a time...

1) entry of the order confirming the plan being a material event considered by the sec and must file within 4 business days, we will see an 8k this week
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159237193
2) the effective date should be 14 business days from 10/30...... (11/19)..."Under the terms of the Plan, the Effective Date of the Plan will be the 14th day after entry of the order confirming the plan"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159244967
3) Following the Effective Date, the Reorganized Debtor intends to become current with its securities filings, maintain itself as a publicly traded company and seek to become up-listed onto the NASDAQ stock exchange.
http://www.biorestorative.com/wp-content/uploads/2020/08/Amended-Disclosure-Statement-for-Amended-Plan-dated-August-7-2020.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159240119&txt2find=BRTXQ