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Post by arcticfox on Nov 13, 2012 0:26:12 GMT -5
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Post by arcticfox on Nov 13, 2012 1:07:23 GMT -5
Moved? LMFAO
Apparently discussion of case precedents of other companies going through Chapter 11 and exit financing is "off topic"?
I guess truth hurts doesn't it Chris.
Might want to dig a deeper hole if you want to burry that head of yours in the sand.
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Post by Admin on Nov 13, 2012 5:40:28 GMT -5
Every case needs to stand on the facts of that particular case.
And while yes, most 11's do end with the shares being canceled or diluted, every case is different, and some cases ended where the common was preserved.
We are getting down to the wire here, and all of us will know shortly.
SBG
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Post by Marriott on Nov 13, 2012 9:37:28 GMT -5
arctic: Your comments are already known to many of us... The bankruptcy court may determine that stockholders don't get anything because the KODAK is insolvent. Many longs hold the position that KODAK's assets ( when fully monetized ) are greater than its liabilities. Of course, we know that we, stockholders, are last in line and that most bankruptcies result in the commons cancellation. You are reminding us that exit financing is another nail in our coffin. Some of us have assessed the risk and determined that the potential reward is far greater. If our move proves to be incorrect then we must deal with the financial consequences. Our heads are not in sand but they may be in the clouds. Denouement soon !
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Post by cswift71 on Nov 13, 2012 11:36:47 GMT -5
Moved? LMFAO Apparently discussion of case precedents of other companies going through Chapter 11 and exit financing is "off topic"? I guess truth hurts doesn't it Chris. Might want to dig a deeper hole if you want to burry that head of yours in the sand. Good case study Foxy. Not much mention of Kodak though. Thus the move. I leave all your stuff on the general board when actually mentioning Kodak...even if I disagree.
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Post by newyorkled2008 on Nov 13, 2012 12:40:49 GMT -5
Every case needs to stand on the facts of that particular case. And while yes, most 11's do end with the shares being canceled or diluted, every case is different, and some cases ended where the common was preserved. We are getting down to the wire here, and all of us will know shortly. SBG Perfectly stated!
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