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Post by luckycharliegghs on Nov 7, 2012 22:15:47 GMT -5
he was always shooting me down with my initial buyout idea way back in MAY......he loved the long winding road 10 bucks a share by end of 2013......with his restructuring and sale of patents....
now all can see i was correct their only option to SAVE FACE is to sell themselves to "SELL THE WHOLE AND NOT THE PARTS".......pro killed me when i said that-he is so so so f-in wrong thats another reason why he is the invisible-M-PRO NOW.......
LETS HEAR IT FOR LUCKY -LOL......DAT-A-BOY HAD IT CORRECT FROM THE START....NICE TO SEE THE SMART PEEPS JUMPIN ON THE BUYOUT BANDWAGON, its the only way this is why its taking forever and the creditors and judge are cool with it-they know their getting paid.....
lets hear it from m-pro.........boooooooooo
i saw the written on the wall way back in the SPRING when the stalking-stalling horse never showed........PLAN -B IS HERE EVERYONE-BUYOUT WILL END THIS SAGA........5.00
STAY COOL IT WILL HAPPEN WHEN WE BLINK-
just my .20 cents opinion
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Post by Admin on Nov 8, 2012 6:59:56 GMT -5
Lucky, you seem to be needing approval from us all the time, and I don't know why.
Buddy listen, I have given you props for being right in the past, and for that matter, so has Pro.
I hope you are right, I hope Pro is right, but the truth of the matter is, all of us are in the dark.
Lets hope that the management and hired experts at Kodak are ONLY giving the appearance of being inept, incompetent, negligent, and overall unqualified at turning around a once Dow 30 component.
It really is a tragedy that we are where we are at this time.
I am praying round the clock for all of us to survive.
Now forgive me, I need to cut this short and go shotgun another beer!
SBG
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Post by onoudidint on Nov 8, 2012 8:12:22 GMT -5
On Sept. 30, 2011, reports swirled that Kodak had hired restructuring lawyers and was weighing filing for Chapter 11 protection. In response, Kodak said in a statement it "is committed to meeting all of its obligations and has no intention of filing for bankruptcy."
In ensuing weeks, Kodak made no mention in regulatory filings of bankruptcy preparations or the possibility of pursuing that path, according to regulatory filings. Yet Kodak was exploring a bankruptcy filing before the statement, according to bankruptcy-court records.
Shareholders sued Kodak executives earlier this year in a New York federal court, alleging they violated securities law by misleading investors about the company's financial health.
In a legal response, Kodak said the allegations were baseless and a "classic attempt to plead fraud by hindsight in connection with the unfortunate—but not fraudulent—decline and eventual bankruptcy" of the company. Kodak declined further comment.
The case could be difficult to win. A federal appeals court in New York in April 2011 upheld another court's decision that Loral Space & Communications Inc. LORL -1.30% didn't need to tell shareholders about its bankruptcy preparations. Loral also made some positive statements about its condition before filing.
Investors started selling Kodak's stock in July 2011. On Sept. 23, Kodak disclosed it drew down a credit line. The stock fell 27% the next trading day. Ratings firms downgraded Kodak's debt.
On Sept. 30, the Journal reported Kodak had hired restructuring lawyers; the stock fell 54% that day.
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Post by Admin on Nov 8, 2012 8:15:45 GMT -5
So in other words, grab another beer?
SBG
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Post by onoudidint on Nov 8, 2012 8:25:37 GMT -5
Well the only difference now is that they are under the watchful eye of judge gropper . but grabbing a brew or two is not bad !
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