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Post by forkodak on Apr 23, 2014 11:43:01 GMT -5
I was at a baseball game the other day and telling my buddy how I thought things could still work out for my canceled shares of Kodak and he just laughed at me so that is not good.
Has everyone given up? Maybe I am dead and just don't know it yet.
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Post by julgob on Apr 23, 2014 15:26:57 GMT -5
I think you just have to move on.
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Post by We Got Hosed!!! on Apr 24, 2014 1:51:39 GMT -5
I'm afraid so my friend. Life will go on!!
Rub.... u are our last hope!
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Post by We Got Hosed!!! on Apr 24, 2014 2:22:45 GMT -5
I had a dream that Kodak sold EBP for 100B. Afterward, they decided to reinstate the old shareholders to SAVEd taxes.. ha ha..
ooops just woke up...
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Post by forkodak on Apr 24, 2014 10:15:09 GMT -5
So in your dream tax assets only have value if EKP sells? Are you saying Kodak will never need tax assets since it will never have positive earnings? I see Apple invested 30 Billion more back into its shares and will split 7-1... I had a dream that Kodak sold EBP for 100B. Afterward, they decided to reinstate the old shareholders to SAVEd taxes.. ha ha.. ooops just woke up...
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Post by velvetjoneslives on May 20, 2014 8:01:22 GMT -5
What happened to the "They'll never take my shares!!!" and "I'll never give up!!!" from the old faithful here? Did reality finally sink in? Say it ain't so Joe. Don't worry though. Thanks to the Fed and the US government there will be many more companies heading to bankruptcy that you can sink your life saving in to.
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Post by forkodak on May 21, 2014 15:29:17 GMT -5
21-May-2014 Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial State Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On May 16, 2014, the Board of Directors of Eastman Kodak Company ("the Company") approved an amendment to Article 5, Section 4 of the Company's Second Amended and Restated Bylaws ("Bylaws"), to update the procedures regarding lost, stolen or destroyed stock certificates consistent with the provisions of the Uniform Commercial Code. No other changes were made to the Bylaws. The text of the amended language is attached to this Current Report on Form 8-K as Exhibit 3.2. biz.yahoo.com/e/140521/kodk8-k.html
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Post by julgob on May 21, 2014 15:45:47 GMT -5
I was watching the same thing ... what is this ?
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Post by diamondrockvegas on May 21, 2014 15:57:25 GMT -5
Destroying old stock!!! I wonder if it destroys all old records of all old shareholders! Perhaps! I do think this affair love and hate relationship with Kodak is fully over! Anyone see old stock still listed on their brokerage statements? Thank you all for the 60000 dollar question? Kodak perhaps negotiated with the Whitehouse to save all the jobs in protected bankruptcy! Thoughts of an ancient story! One year August comes fast. Not one lawyers firm questioned the reality of the valued assets! It's too bad! Another bad judgement call on my part for the record! I am willing to talk to my favorite Kodak faithfuls at any time. I will call any of you in a moments notice! The system did not protect and serve the bankruptcy system properly
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Post by julgob on May 21, 2014 16:47:01 GMT -5
Can you explain what this all mean? I don't understand.
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Post by forkodak on May 23, 2014 23:35:35 GMT -5
No clue but it gives me hope...
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keith
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Post by keith on May 24, 2014 12:53:54 GMT -5
Can you explain what this all mean? I don't understand. It means you are still broke.
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Post by diamondrockvegas on May 26, 2014 14:35:31 GMT -5
This Kodak website is for old shareholders who offered anything meaningful! I have seen some very bad people here over the course of 36 months! I do appreciate the old faithful but condemn the liars who are deceitful here and I know this site started by Larry are full of troll accounts! Liars never succeed in life. Ever! This site ran a contest and even the troll liar never delivered on his promise either! Lolll what was his name again Keith whatever! I never got what he promised and I think people like that are so high on themselves and dont respect anybody! I never expected anything from that individual anyway,either , because nobody gives anything away for free in life! I am half a century old! I have seen a lot and my sixth sense always tells me of the corrupt world we live in! Deals are made at the top and our bankruptcy judge already had instructions from someone high up to restart Kodak anew! Value of the assets were never going to take place! It's a racket! The bankruptcy world is a total racket akeen to mobsters running the financial world without anyone ever firing a shot! Good day to my old friends! Life moves on! Liars never succeed!
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Post by diamondrockvegas on May 26, 2014 14:40:11 GMT -5
This one line comments are garbage written to draw attention! Angel, Larry, MrZia and others corruption is abound in the world and the rich pull the strings each and every day! We have no say in any matter that begets a corporation that was manipulated by the federal government and Kodak management! Just remember why Perez was a member of the unemployment committee in Washington! Seeking help from the whitehouse was his top priority and moving Kodaks agenda forward was akin to already having their balance sheet cleansed!
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Post by velvetjoneslives on May 26, 2014 15:41:59 GMT -5
This Kodak website is for old shareholders who offered anything meaningful! I have seen some very bad people here over the course of 36 months! I do appreciate the old faithful but condemn the liars who are deceitful here and I know this site started by Larry are full of troll accounts! Liars never succeed in life. Ever! This site ran a contest and even the troll liar never delivered on his promise either! Lolll what was his name again Keith whatever! I never got what he promised and I think people like that are so high on themselves and dont respect anybody! I never expected anything from that individual anyway,either , because nobody gives anything away for free in life! I am half a century old! I have seen a lot and my sixth sense always tells me of the corrupt world we live in! Deals are made at the top and our bankruptcy judge already had instructions from someone high up to restart Kodak anew! Value of the assets were never going to take place! It's a racket! The bankruptcy world is a total racket akeen to mobsters running the financial world without anyone ever firing a shot! Good day to my old friends! Life moves on! Liars never succeed! The only "liars" on this board were and still are the pathetic longs. You were told from the outset that your shares were worthless. Kodak put it in the 10k for christ sake. How much clearer did you want it to be? No, instead you each fed each other delusions for multi-billion dollar patent sales, secret bidders, and the last minute knight in shining armor who was going buy out the company. This spiel was played right up until the day shares were cancelled. So again I ask you, who are the liars? Name one lie promoted by a so called "basher"? Instead everyone and everything was part of a corrupt conspiracy to steal your shares. If you had instead spent even a remote amount of timing learning about the bankruptcy process instead of hoping for a winning lottery ticket maybe you wouldn't may such a poor and unwise investment.
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Post by diamondrockvegas on May 26, 2014 19:30:23 GMT -5
I would have taken my chances in going to a full bankruptcy of all the assets! I know there was more of a chance for us! Nortel patented assets sold for 4.7 billion dollars! There was a competitive bid! Trust me Kodak negotiated a bid that would smoke and mirror our patents and hide all the hidden values! If the corporations knew Kodak was fully in total bankruptcy their would have been billion dollar bids instead of that controlled bidding war directed by Kodak bankruptcy lawyers who mitigated the worst outcome for us shareholders!!!!!!! Lets give you a consortium. If I have seen everything in my life! Kodak even hired a no-name outfit to sell their assets! Lazard has no experience finding buyers! Morgan Stanley or JPM should have been hired to orchestrate the sale! Rich men devoured the estate assets to enrich themselves! Liars and covering the outcome! The bankruptcy judge held judgement for a month because he needed the time to quash the opinions of our expert witnesses!
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Post by diamondrockvegas on May 26, 2014 19:32:51 GMT -5
Please all we wanted from Kodak management was full transparency
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Post by We Got Hosed!!! on May 27, 2014 2:13:03 GMT -5
I would have taken my chances in going to a full bankruptcy of all the assets! I know there was more of a chance for us! Nortel patented assets sold for 4.7 billion dollars! There was a competitive bid! Trust me Kodak negotiated a bid that would smoke and mirror our patents and hide all the hidden values! If the corporations knew Kodak was fully in total bankruptcy their would have been billion dollar bids instead of that controlled bidding war directed by Kodak bankruptcy lawyers who mitigated the worst outcome for us shareholders!!!!!!! Lets give you a consortium. If I have seen everything in my life! Kodak even hired a no-name outfit to sell their assets! Lazard has no experience finding buyers! Morgan Stanley or JPM should have been hired to orchestrate the sale! Rich men devoured the estate assets to enrich themselves! Liars and covering the outcome! The bankruptcy judge held judgement for a month because he needed the time to quash the opinions of our expert witnesses! DRV, how much you think EBP will fetch? Also, the measly 570MM was a down payment to a multi-year access to all the rest of the patents. I wonder how they are going hide that fat check. I feel a lot better known our buddy VJones and others are still checking this board.
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Post by diamondrockvegas on May 27, 2014 10:41:34 GMT -5
Lazard have no experience in bankruptcy matters they are new to the game trying to figure how with hundreds of millions in extra charges that Kodak management paid them. If they had gone with an experienced large financial company they would have squeezed large bids without the consortium! Notice Kodak the new has still retained their rights to all of their patents even to this day. They never lost them! Smoke and mirrors still till this day!
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Post by diamondrockvegas on May 27, 2014 10:53:27 GMT -5
Knowing the crooks of Kodak management I would bet they will put in a long term deal price when most places sell for One Set Price! They should sell the property through a large financial bank! They keep doing private dealings with no serious transparent paperwork! It's no wonder they hired a small outfit so they could mold their chapter 11 anyway they wanted! The CEO of nortel declared chapter 7 not chapter 11! Why didn't Kodak do the same? The team in Washington at the blackhouse was saving jobs and Obama knew he didn't want to lose an iconic name! It's all covered by Perez's position in his part at the whitehouse! Perez asked how could we avoid chapter 7? I need help Brownhouse!! Perez used every means in the book and spent a billion of our dollars to change our course for shareholders! For the record I am not prejudice against any race or creed but wanted to inject humor to the political machine who transpired to help Kodak in every way pissible! Our bankruptcy judge had orders from the top! BK and I were telling the judge at every moment there was a cover up in the balance sheets. He got paid to destroy our expert witnesses! He got paid to look the other way!
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Post by velvetjoneslives on May 27, 2014 16:52:03 GMT -5
I would have taken my chances in going to a full bankruptcy of all the assets! I know there was more of a chance for us! Nortel patented assets sold for 4.7 billion dollars! There was a competitive bid! Trust me Kodak negotiated a bid that would smoke and mirror our patents and hide all the hidden values! If the corporations knew Kodak was fully in total bankruptcy their would have been billion dollar bids instead of that controlled bidding war directed by Kodak bankruptcy lawyers who mitigated the worst outcome for us shareholders!!!!!!! Lets give you a consortium. If I have seen everything in my life! Kodak even hired a no-name outfit to sell their assets! Lazard has no experience finding buyers! Morgan Stanley or JPM should have been hired to orchestrate the sale! Rich men devoured the estate assets to enrich themselves! Liars and covering the outcome! The bankruptcy judge held judgement for a month because he needed the time to quash the opinions of our expert witnesses! DRV, how much you think EBP will fetch? Also, the measly 570MM was a down payment to a multi-year access to all the rest of the patents. I wonder how they are going hide that fat check. I feel a lot better known our buddy VJones and others are still checking this board. Wow, you're really on to us now. Isn't it amazing how Kodak has managed to keep all of those secret assets so well hidden that no investor can find them anywhere. Kodak should be trading at $1000 or more a share with that pile of gold they're sitting on. Talk about intrinsic value. It was looking kind of shaky though for a while. After all, the super sleuths on this board nearly disrupted all of our best laid plans. That "Expert" witness had us all quaking in our boots as we were positive his sage like patent valuations would sway the judge in your favor. Good thing our army of paid bashers managed to keep all of those valuable shares down so that the movers and shakers could gobble them up at pennies on the pennies. Hanz and the boys really made a killing. BTW, even though this stock hasn't traded in over 9 months the big boss AP keeps those checks rolling in. I just hope I can keep this gig going forever.
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keith
New Member
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Post by keith on May 27, 2014 18:17:58 GMT -5
And there is that other reason why so many of you guys are still broke. You are really, really, Looney Tunes.
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Post by diamondrockvegas on May 28, 2014 22:17:50 GMT -5
We are not broke, we are ethical old shareholders, the old Kodak management spent 1 billion dollars of shareholders money to reorganize and shut us out 100%! I do not have to worry about the evil created by the cultivators who created the void against us all! I let the makers in heaven make judgement against the evils of men! I am never worried about how they did it! They fixed this good against the old creditors and shareholders! Those patents if you hadn't noticed are all still in Kodaks coffers. Lolll of the corruption that still moves forward and the balance sheet trickery! To this day they are looking for tax approval by the IRS on the tax credits near 1 year less 3 months! Lets see who else comes forward! Last I heard the justice department is weighing in against a few individuals and an outfit! The story is unfolding and soon the story will bust out! Just waiting but they are so secret on this! Oh the evil created by them all to destroy us all! Criminals! Lolll. In the end the truth is coming out! Just waiting for the justice department to tie them all! We all want justice!
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Post by diamondrockvegas on May 28, 2014 22:20:55 GMT -5
Keith are you the guy who promised a prize for a contest? You have no integrity! Not that I care for any sort of prize because my papa always told me never trust anyone who bears gifts!!!
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keith
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Post by keith on May 29, 2014 8:53:15 GMT -5
Nope I am not the guy. Never promised anybody a prize. I am however the guy who told you that EK was a foolish investment. Not a investment at all. A roll of the dice for gamblers only. I am the guy who said going into BK is a bad thing, not a opportunity. I am the guy who said having 3 board members resign is a bad thing, not a good thing. I am the guy who said Perez is a idiot in a long line of idiots and he will screw you over and walk away with millions. I am the guy who said the delay in the patent sale is a real bad thing. It's not because the bids are going higher. I am the guy who said take a look at a chart of EK stock for the last 20 years before you buy because it looks like a down hill ski run. I am the guy who said having your stock delisted and selling on the pinks is a real bad thing. I am the guy who said EK has screwed employee's, stock holders, retiree's and vendors for years and to think the present stock holders will be the only ones not screwed is extremely ignorant. I am the guy who told you that these pumpers are robbing you blind. I am the guy who told you that if you think you have some insider information that all the analyst don't have and you will be rich quick, then you had better go back and think things over because the reality is it's you who is missing something. I am the guy who told you that investing is usually a slow and tedious process and not a get rich quick scheme. Do I sound familiar to you now DRV ? Too bad your papa did not pass on a few of those real world advice to you.
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Post by diamondrockvegas on May 29, 2014 10:15:18 GMT -5
I liked the story on Kodak because of the assets Keith. I never listen to anybody! I did my research on everything! The UK property of 65 acres in northern London was worth its weight in gold. 1 billion dollars is what Kodak will make with the real estate development firm! Term of this large contract were never disclosed! Never!!!! The smoke and mirror balance sheet continues with still no transparency! The contracts signed have been sealed by the bankruptcy judge! You and many others know being snookered while you run blind is definitely criminal but then again we will let the professionals deal with Kodak management now. I have no power to mitigate litigation on the Kodak racket! It's in the justice departments court now! Silence is golden and my lips are sealed as the investigation continues! Perez will have his ass handed to him IMHO if this cracks open! Till then if it does not life moves on Keith! I liked Kodaks chances and still believe the billions of dollar shifts in the balance sheet needs to be explained!
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keith
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Post by keith on May 29, 2014 10:28:15 GMT -5
You and your future descendants will all be dust before the old stockholders will see a penny. And there is a long line of other people who are ahead of you if a payoff ever happens. Common shareholders are at the very end of that long line. As I said before, EK had the absolute worse and corrupt management in the country. There intent all along was to not pay anybody anything and in doing that it guaranteed Perez a multi million dollar payday a couple of weeks back. Plan completed. Game over.
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Post by diamondrockvegas on May 29, 2014 11:56:35 GMT -5
We all know what they did was against everything we know the 'American fabric that we were made to believe' was to protect and serve investors. The non transparency of information did nothing for Kodak shareholders. Information was kept secret and sealed! Balance sheet items disappeared then reappeared after the old stick was cancelled! Corruption at its finest! Will a full forged blowout occur even after this palatable affair finished? Who knows Keith! I am not holding a banner up to say I am going to do something! It's not up to me anymore! I have no rights! It's up to Justice to move against the fabric of bankruptcy law! Abuses! We did get abused by the system! Justice is up to something on this matter. Hopefully soon the whistle blowers will tell their story! Nothing worse then the previous liars in the whitehouse accusing Iraq in having weapons of mass destruction! The economic system is too protect and serve the rich everyone! Kodak was run by liars!
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keith
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Post by keith on May 29, 2014 12:18:21 GMT -5
Well you may have finally said something I can agree with. Thing is our "American fabric" has had a long line of robber barons right from the beginning. EK has had inept management since Colby Chandler in the early 80's. George Fisher and Antonio Perez were not only inept but criminal too. Lie after lie after lie. My point has been from the beginning that investor should knows this. Inept and criminal is not the people I want holding my money and calling the shots. And I don't want the same people who bankrupted the company to be in charge of fixing it. But you can thank a inept and bought and paid for BOD for that. Of course anytime I ever mentioned things like this on this board I was immediately attacked as a paid basher. Paid by whom I will never understand. I was even banned for awhile for pointing out what I thought was obvious and it turned out truthful. It does not matter now if or when the truth gets out. People lost fortunes and guys like Perez made fortunes from the same situation. Invest to make money, not for some moral high road. That is a suckers bet.
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Post by diamondrockvegas on May 29, 2014 13:46:30 GMT -5
Agree Keith! I was wondering if any advocates decide to poke at the old carcass or the new Cadillac for the lies and deceit brought on by Perez! I did win a judgement against the lies of Nortel when Ross was CEO and I won a judgement against the two CEO's of IMAX who lied their way through the investment community! Perez lied and lied again and not one advocate from the Jewish community pursued his lying and deceiving ways? I wonder About the American Fabric and the transparency after this dance with an investment that went amuck! I do rather enjoy intelligent conversation! I would live to see if anything in a few years unfolds with the criminals who targeted Kodak and pushed it through this totally unwarranted chapter 11 bankruptcy! The only players making money were old management and their advisors pocketing 1 billion dollar in fees! Those monies could have been used to refinance the corporation after they dealt with their negotiations with the pension funds! It turns out they mitigated the worst scenario for all the old participants and wanted to start afresh on our backs! No honesty or truth but someone is going to pay in the near future! Lets hope the truth prevails
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