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Post by Admin on Aug 14, 2013 17:16:24 GMT -5
Seems like they have gotten through the back log of objections, as allot of objections showed up today.
Thank you to all who have kept sending in the objections, we need to keep doing this, as this is all we have at our disposal.
No time to stop now!
I do NOT SEE how the judge can just overlook all that has been uncovered here and then just rubber stamp the approval of this POR.
I also have heavy concerns as to how he in good conscience can approve their exit when they are burning 200+ million a quarter.
And before you let me know, I know they are mostly reorganization costs, etc.... but burning cash is burning cash in my book.
The judge needs to make sure they are NOT going to be in front of him again 6-12 months from now.
SBG
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Post by goldentouch on Aug 14, 2013 17:58:26 GMT -5
They are burning 100 million of that money because of the BK, and you think the judge is going to keep this company in BK for the shareholders who are slated to be wiped out by over 2 billion dollars?
You guys are shareholders and deemed to reject the POR. Sorry to say but you have no voice in the matter.
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Post by cswift71 on Aug 14, 2013 18:04:37 GMT -5
They are burning 100 million of that money because of the BK, and you think the judge is going to keep this company in BK for the shareholders who are slated to be wiped out by over 2 billion dollars? You guys are shareholders and deemed to reject the POR. Sorry to say but you have no voice in the matter. Last warning Golden?
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Post by Admin on Aug 14, 2013 18:11:09 GMT -5
Golden, you said you were not going to post here anymore.
No one wants to hear your rubbish.
SBG
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Post by goldentouch on Aug 14, 2013 18:25:27 GMT -5
Swift- I have people calling me about this company, some people who post here dozens of times a day....
It hurts to read some of the things you people post. Person tells me that there is an article that says George Karfunkel stated that Kodak was worth 2.7 billion. I tell the person, 2.7 billion still leaves shareholders out of the money doesn't it?
The highest valuation that you can find from a party that can object still leaves you guys well out of the money.
Now Karfunkel is part of the backstop committee, so of course he changes his tune.
I am not saying that Kodak is not undervalued at the current price they are trying to put on it. I am saying that no matter what you do, you will not be able to convince the judge that the unsecured creditors committee is asleep at the wheel.
That is what the judge asks himself every time you guys submit something.
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Post by kodakmomento on Aug 14, 2013 18:26:52 GMT -5
When is the last day for the objections to be received by all parties?
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Post by cswift71 on Aug 14, 2013 18:30:02 GMT -5
Swift- I have people calling me about this company, some people who post here dozens of times a day.... It hurts to read some of the things you people post. Person tells me that there is an article that says George Karfunkel stated that Kodak was worth 2.7 billion. I tell the person, 2.7 billion still leaves shareholders out of the money doesn't it? The highest valuation that you can find from a party that can object still leaves you guys well out of the money. Now Karfunkel is part of the backstop committee, so of course he changes his tune. I am not saying that Kodak is not undervalued at the current price they are trying to put on it. I am saying that no matter what you do, you will not be able to convince the judge that the unsecured creditors committee is asleep at the wheel. That is what the judge asks himself every time you guys submit something. So then this is your last warning? Just trying to pin it down because you have stated such many times. Yet you keep coming back to warn us. Am I to believe you are an amazingly kind soul to go back on your word and continue to warn us?
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Post by goldentouch on Aug 14, 2013 18:33:17 GMT -5
SBG rubbish is the 5,600 posts you have made so far (I will not count the 86 because I am sure some of your posts have some sort of relevance).
Answer this one question, and I will say you guys are correct...
Are you trying to tell me that the debtor and the ad-hoc 2nd lien committee are stealing the company away from shareholders and the trustee and the unsecured creditors committee is asleep at the wheel? (you will obviously say that the unsecureds are getting 100% of the company which is not true so I will give you a follow up question) If there is as much value as you claim, why would the trustee not notice?
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Post by goldentouch on Aug 14, 2013 18:37:19 GMT -5
swift I am trying to get you to sell your shares, I am buying everything up. I am trying to take over the company, and when I do will come back and rub it in your face.
You idiot, me and my family will own approx 1/100th of Kodak when it emerges (if the current plan is excepted). You think I can justification to research Kodak an hour or 2 day?
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Post by julgob on Aug 14, 2013 18:41:40 GMT -5
Golden I wonder why you're so mad...?
Nobody ask you anything here.
Why keep on posting.
We don't care about what you say.
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Post by cswift71 on Aug 14, 2013 18:41:49 GMT -5
swift I am trying to get you to sell your shares, I am buying everything up. I am trying to take over the company, and when I do will come back and rub it in your face. You idiot, me and my family will own approx 1/100th of Kodak when it emerges (if the current plan is excepted). You think I can justification to research Kodak an hour or 2 day? Sure...research away. I just do not understand your never ending last warnings. Why does it bug you so much if some of us want to ride this to the end? Why the constant tales of no chance? Just amuses me.
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Post by Admin on Aug 14, 2013 18:45:34 GMT -5
There is allot more going on here than you obviously understand.
These institutions engaged in insider trading and we have proof of this.
In WAMU the debtors said assets were worth $6 billion, shareholders said $32 Billion- WELL OUT OF THE MONEY wouldn't you agree? Shareholders ended up getting 30%.
But the insiders were about to go down in a full investigation Trading records subpoenaed and traders and managers deposed, but they couldn't have that happen!
WE HAVE DATES, TIMES, AMOUNTS, NAMES, MOVES IN SECURED, MOVES OUT OF SECURED, MOVES INTO UNSECURED, PEOPLE ON RECORD CLAIMING THE COMPANY IS WORTH THE SAME AS GPK, SAYING THE COMPANY WAS NOT WORTH ONLY 500 MILLION, NOW ON THE BOD AND IS NOW OKAY WITH THIS DOGSHIT VALUATION- ALL FOR PERSONAL GAIN, ETC....
ALL THESE TRADING MOVES ALL DONE AT THE RIGHT TIME, EVERY TIME!
Getting really tired of you not being able to keep up!
These people committed fraud and this will be shown!
And the judge will need to address this, there is NO WAY he will be able to rubber stamp what we have alleged in the court records, otherwise he is complicit in this fraud.
On top of this, we had 2 experts showing 3.5 billion in value the debtors said was not there.
You don't think the judge finds it a bit strange that the value differences is this large?
Thats it, I am done trying to explain to you, and so tired of you coming here acting holier than thou like you have all the fucking answers!
I dont want to hear from your ass again, if I do you are banned!
Im done!
SBG
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Post by Admin on Aug 14, 2013 19:17:43 GMT -5
And furthermore 1/100 of the new Kodak, at 40 million float is 400,000 shares.
This lying POS claims he is going to own 400,000 shares of the new company.
Yea okay jack-off, nice, I see you can't do simple math.
SBG
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fufat
Junior Member
Posts: 194
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Post by fufat on Aug 14, 2013 19:27:44 GMT -5
Hey SBG, don't let this guy get you all bent out of shape. I came to terms with his disposition and this is how this game is played. He is just doing what he is suppose to do....mess with peoples heads. It's strategic warfare here..... Classic head games, these people are PRO'S at this. Misdirection, half truths and applying doubt are their tools and are master's of the GAME. As the saying goes... "Don't hate the player..Hate the game". I would just ignore the nonsense and stay the course that they are so hard in trying to derail. They are definitely concerned/nervous about the resistance, you can tell by the frequency of new posts. There's no need to convince him about anything, he's not the person that could help us.
Have a great night!!!
Fufat
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Post by adrian on Aug 14, 2013 19:29:13 GMT -5
Please punch his ticket and get him off of the board.He will probably come back under another name but lets thank him for nothing and be done with it.His pay master is getting nervous. Adrian
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Post by eastman on Aug 14, 2013 19:35:04 GMT -5
swift I am trying to get you to sell your shares, I am buying everything up. I am trying to take over the company, and when I do will come back and rub it in your face. You idiot, me and my family will own approx 1/100th of Kodak when it emerges (if the current plan is excepted). You think I can justification to research Kodak an hour or 2 day? Wow, I guess you will make out well if this plan is "excepted". One of these days you'll have to explain to us idiots how you managed to acquire 1/100th of the new company. Haha
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Post by goldentouch on Aug 15, 2013 9:06:33 GMT -5
My fault I meant 1/1000th, left a 0 out.
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Post by cswift71 on Aug 15, 2013 9:27:08 GMT -5
My fault I meant 1/1000th, left a 0 out. Oh ye who points the 'stupid' finger so easily.
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