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eddy2

03/05/13 1:11 PM

#9435 RE: CarlCarlMcB #9434

It is a very good chance. The assets are not creating the required cashflow to service the debt.

The suggested retail price is falling as noted in the retained earnings that now reflects only a fraction of the capital surplus. Now this could be due to falling realistate prices for there none performing assets but when you take note of inventory being transfered and the depreciation of that product and the fact there is little product being made and moved into the capital surplus along with little capital being spent on aquiring other equidy in the market place along with little demand for the treasury stock well things look bleak to say the lease for the long johns like Sly and not so much for the shorties like myself.


Go short people they can't service the debt look at the numbers and if there is no 8k filed then thee is no pending sales of anything.
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TruBluFRU

03/05/13 9:53 PM

#9449 RE: CarlCarlMcB #9434

What's the chances they wipe out the common shares.reissue new stock? Like Charter comm.?


Assuming they can accomplish all this. Yes it is the Safe Harbor statement, yet with Kodak it IS a big, fat IF...

...The Company’s ability to successfully emerge from Chapter 11 as a profitable sustainable company; the ability of the Company and its subsidiaries to develop, secure approval of and consummate one or more plans of reorganization with respect to the Chapter 11 cases; the corporate governance of the Company prior to and following emergence from Chapter 11; the Company’s ability to improve its operating structure, financial results and profitability; the ability of the Company to achieve cash forecasts, financial projections, and projected growth; our ability to raise sufficient proceeds from the sale of businesses and non-core assets; the businesses the Company expects to emerge from Chapter 11; the ability of the company to discontinue certain businesses or operations; the ability of the Company to continue as a going concern; the Company’s ability to comply with the Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) covenants in its Debtor-in-Possession Credit Agreement; our ability to obtain additional financing; the potential adverse effects of the Chapter 11 proceedings on the Company’s liquidity, results of operations, brand or business prospects; the outcome of our intellectual property patent litigation matters; the Company’s ability to generate or raise cash and maintain a cash balance sufficient to comply with the minimum liquidity covenants in its Debtor-in-Possession Credit Agreement and to fund continued investments, capital needs, restructuring payments and service its debt; our ability to fairly resolve legacy liabilities; the resolution of claims against the Company; our ability to retain key executives, managers and employees; our ability to maintain product reliability and quality and growth in relevant markets; our ability to effectively anticipate technology trends and develop and market new products, solutions and technologies...