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Post by arcticfox on Aug 19, 2013 22:31:29 GMT -5
You guys got steamrolled in court because the truth was never on your side. If you guys even spend half as much time examining the facts as you have spent crying about fraud, injustice, conspiracy, you might actually have some idea about what's really going on.
Much of your various arguments about hidden value are based on your own lack of understanding about how things are valued in chapter 11 and basic accounting principles. You blame everyone except yourself when things don't add up but the problem is that most of you can't even do math. You cling onto misinterpretations about things like NOL and patent valuation and foreign subsidiaries even til this day. I explained these issues in detail over a year ago and yet as of 8 hours ago people still have total misconception about Kodak's foreign subsidiary. Let's get it straight ... You own Kodak USA stocks. Kodak USA owns all the subsidiaries around the world. All the assets of Kodak subsidiaries are on the book and the book says Kadak is insolvent. So when the whole Kodak is insolvent, the part that Kodak USA owns but not under BK protection goes BK too.
It's frustrating to have to reiterate these simple principles. It's amazing to aee that all the false information that Ken Pro was distributing a year ago is still alive and well among the uninformed here. This is why I've said all along that people like him are dangerous. You guys would have had a much better chance directing your energy towards suing him and recuperating some of your losses from his inherentance from Meyer Pro rather than using it for your feeble and futile attack on the POR.
As for the events that transpires in court. It's sad but totally expected. I will explain in a separate post if I don't get banned again after this post LOL.
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Post by updated on Aug 19, 2013 22:41:41 GMT -5
Seeing the Truth or Justifying the FRAUD?
The truth is that you are mortal and one day you will leave this earth with your dirty soul that will take you straight to hell where you burn and smell like a burned fox lol
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Post by julgob on Aug 19, 2013 22:51:37 GMT -5
Why does he have to post even tonight again... ?
He think he's our father or what?!
Artic fox you must be someone really special. .. you should just have gave up on us since a long long time .. What is your benefit seriously, I don't get it. You really don't have anything else to do ?! Wow you must be pretty much lonely.
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Post by littlefred747 on Aug 19, 2013 22:55:23 GMT -5
Seeing the Truth or Justifying the FRAUD? The truth is that you are mortal and one day you will leave this earth with your dirty soul that will take you straight to hell where you burn and smell like a burned fox lol Updat-o... It seems that Foxy has had his head so far up his EK charts, that he has failed to calculate his own impending doom. Tooooooooo Funny.....actually, kind of sad.
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Post by updated on Aug 19, 2013 22:59:37 GMT -5
it is simple, foxy is fraud himself... his mom when she gave him away told his new owner that one day he is going to be a doctor lol... he turned out to be a thief Fraud Fraud lol
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Post by littlefred747 on Aug 19, 2013 23:01:29 GMT -5
it is simple, foxy is fraud himself... his mom when she gave him away told his new owner that one day he is going to be a doctor lol... he turned out to be a thief Fraud Fraud lol He is Doctor Death...! The Kevorkian of the investment community..!
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Post by arcticfox on Aug 19, 2013 23:18:20 GMT -5
it is simple, foxy is fraud himself... his mom when she gave him away told his new owner that one day he is going to be a doctor lol... he turned out to be a thief Fraud Fraud lol He is Doctor Death...! The Kevorkian of the investment community..! Fred, I've provided you with accurate prediction and valuable analysis over the past 2 years. You would have been much better off heeding my advise instead of con artists like Ken Pro. And I'm suppose to be the bad guy here? I've not engaged in personal attacks against you. Even after all this time and all the events that transpired that prove me to be correct you think that somehow I am your enemy. You can be a coward and vent your frustration against someone that had been telling you the truth all along but it won't change the facts. You would have been far better off listening to my advice 2 years ago. I have one more advice for you whether you like it or not... Sell at the opening tomorrow whatever the share price is. $0.06 or $0.04.... doesn't matter, just sell. Put that money in your pocket and wait 6 months. Then look at that money and reflect back on this post. You will see whether I am your friend or enemy.
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Post by julgob on Aug 19, 2013 23:21:35 GMT -5
Why do you have to care so much about what we do with our money?!
Man you don't realize you're freak in your head !
Shut up and leave
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Post by arcticfox on Aug 19, 2013 23:23:18 GMT -5
Why do you have to care so much about what we do with our money?! Man you don't realize you're freak in your head ! Shut up and leave What it mean?
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Post by julgob on Aug 19, 2013 23:26:04 GMT -5
You can't even answer the question. ..
seriously can you ask yourself as to why you here and keep on posting like you pretend to be our savior. ..?
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Post by pearlhandle on Aug 20, 2013 7:15:15 GMT -5
You guys got steamrolled in court because the truth was never on your side. If you guys even spend half as much time examining the facts as you have spent crying about fraud, injustice, conspiracy, you might actually have some idea about what's really going on. Much of your various arguments about hidden value are based on your own lack of understanding about how things are valued in chapter 11 and basic accounting principles. You blame everyone except yourself when things don't add up but the problem is that most of you can't even do math. You cling onto misinterpretations about things like NOL and patent valuation and foreign subsidiaries even til this day. I explained these issues in detail over a year ago and yet as of 8 hours ago people still have total misconception about Kodak's foreign subsidiary. Let's get it straight ... You own Kodak USA stocks. Kodak USA owns all the subsidiaries around the world. All the assets of Kodak subsidiaries are on the book and the book says Kadak is insolvent. So when the whole Kodak is insolvent, the part that Kodak USA owns but not under BK protection goes BK too. It's frustrating to have to reiterate these simple principles. It's amazing to aee that all the false information that Ken Pro was distributing a year ago is still alive and well among the uninformed here. This is why I've said all along that people like him are dangerous. You guys would have had a much better chance directing your energy towards suing him and recuperating some of your losses from his inherentance from Meyer Pro rather than using it for your feeble and futile attack on the POR. As for the events that transpires in court. It's sad but totally expected. I will explain in a separate post if I don't get banned again after this post LOL. First of all, I have never seen any statement made by Kodak indicating they were insolvent. As a matter of fact, a part of many statements that Kodak made in their C11 announcment, they said: "The Company believes that it has sufficient liquidity to operate its business during chapter 11, and to continue the flow of goods and services to its customers in the ordinary course." If there was a statement indicating insolvency that I might have missed, please point it out to me. If Kodak had declaired themselves insolvent, there would only be three directions they could proceed. A business is said to be insolvent when it cannot pay its debts when they are due. It is an offence if the directors continue to operate and incur more debts when a company is insolvent. If a company is facing financial difficulties and the directors or creditors believe that it is, or may become, insolvent, it may end up in one of the following types of formal administration: Liquidation, also known as winding up; Voluntary Administration or Deed of Company Arrangement; or Receivership. The appointment of a formal administrator may be voluntary, when it is initiated by the company itself, or involuntary when it is made by a person or organisation that is owed money, or by the courts. The options for a business that is insolvent include: Liquidation: a Liquidator is appointed to wind the company up, and its assets are sold to pay outstanding debts. The company is then deregistered and ceases to exist. The most common types of liquidations for insolvent companies are court liquidation and creditors’ voluntary liquidation. Voluntary Administration, possibly leading to a Deed of Company Arrangement: a voluntary administration is a formal standstill type administration where the voluntary administrator investigates and reports on the company’s history and financial position to creditors and makes a recommendation about its future. Creditors then decide whether to accept a Deed of Company Arrangement if one is proposed by the directors, liquidate the company or return the company to the control of the directors. A Deed of Company Arrangement is a procedure that permits a company to make a compromise or arrangement which is binding on all creditors. Subject to the terms of the arrangement, the company may then be saved and continue to operate. Receivership: a receiver or receiver and manager is usually appointed by a secured creditor, or in some cases by the court. The assets of the company are realised for the benefit of the secured creditors. This type of appointment can occur at the same time that a company is in liquidation or voluntary administration. And one more thing. I believe you to be wrong when you state: "All the assets of Kodak subsidiaries are on the book and the book says Kadak is insolvent. So when the whole Kodak is insolvent, the part that Kodak USA owns but not under BK protection goes BK too." As a matter of fact, when Kodak announced BK, one of a few statements they issued is: "non-U.S. subsidiaries are not included in the filings and will continue to operate as usual. Accordingly, these international operations continue to honour all obligations to customers and suppliers, whenever incurred. Our European business is not affected by the decision that has been taken by our US parent company to file for voluntary Chapter 11 business reorganisation for US businesses." Philip Cullimore, managing director for Europe, said. Kodak is a global company. Therefore, when I purchased Kodak stock, no where on my stock certificate did it, or does it inidcate that my purchase is for Kodak USA only. I purchased Kodak stock for all of Kodak. And, I believe Kodak Eurpope to be make up approximately 60-70% of all of Kodak.
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Post by arcticfox on Aug 20, 2013 7:27:37 GMT -5
Is stupidity contagious? Maybe not but ignorance apparently is quite contagious.
You and jacksonhole have caught the same bug. Click on my alias and ready my reply to him.
Read the stinking POR. The creditors are not getting paid in full. How much more insolvent do you want?
Don't hold stock in bankrupt companies if you don't have basic understanding about financials. In fact you should t own any stock at all. You are better off buying a mutual fund.
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Post by pearlhandle on Aug 20, 2013 7:36:31 GMT -5
Is stupidity contagious? Maybe not but ignorance apparently is quite contagious. You and jacksonhole have caught the same bug. Click on my alias and ready my reply to him. Read the stinking POR. The creditors are not getting paid in full. How much more insolvent do you want? Don't hold stock in bankrupt companies if you don't have basic understanding about financials. In fact you should t own any stock at all. You are better off buying a mutual fund. They are not insolvent. If they were, they wouldn't have filed C11. They would have filed insolvent. Did you not read the only three options they would have if they were insolvent that I posted for you? Stop being a Dick. Evidentally you aren't as smart as you think you are. You throw BS out and hope it sticks.
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Post by arcticfox on Aug 20, 2013 7:42:17 GMT -5
Kodak is a global company. Therefore, when I purchased Kodak stock, no where on my stock certificate did it, or does it inidcate that my purchase is for Kodak USA only. I purchased Kodak stock for all of Kodak. And, I believe Kodak Eurpope to be make up approximately 60-70% of all of Kodak. You believed wrong. The shares you bought is Kodak, the US company that owns all the subsidiaries. The Kodak you own account for everything, including profit and loss for the subsidiaries, on its book. If you take the time to read SEC filings you would have realize that long ago. Those filings show quite clearly that the whole company has been bleeding red ink. I really don't want to waste any more energy explaining the details of how that works. I've already done that on several occasions years ago. You didn't bother reading it or you just don't get it. You just keep burrying your head in the sand. It's coming to final hours before your shares are wiped so it doesn't matter anymore anyway. Once all your shares are gone, you will have plenty of time to study how it works. Perhaps a year from now you will finally have a ah-ha moment and understand how things really work. Maybe then you can call jacksonhole and clue him in.
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Post by pearlhandle on Aug 20, 2013 7:58:46 GMT -5
You stated: "You believed wrong. The shares you bought is Kodak, the US company that owns all the subsidiaries. The Kodak you own account for everything, including profit and loss for the subsidiaries, on its book."
That is what I said. I own shares of "all" of Kodak. And, the reason Europe was left out of the C11 filing is because they were not bleeding anywhere close to what the US was. That is why they exempted them from the C11 filings.
Guess you didn't want to talk insolvency anymore HUH?
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Post by arcticfox on Aug 20, 2013 8:13:03 GMT -5
You stated: "You believed wrong. The shares you bought is Kodak, the US company that owns all the subsidiaries. The Kodak you own account for everything, including profit and loss for the subsidiaries, on its book." That is what I said. I own shares of "all" of Kodak. And, the reason Europe was left out of the C11 filing is because they were not bleeding anywhere close to what the US was. That is why they exempted them from the C11 filings. Guess you didn't want to talk insolvency anymore HUH? Your stupidity is beyond belief. The SEC filing of the Kodak's book already accounted for the foreign subsidiaries. And that book shows that the whole thing is bleeding red ink and the company as a whole is insolvent. The foreign subsidiaries are not under chapter 11 because chapter 11 "protection" is only available in the US. It's ok pearl I don't expect you to get it today. But in a few month you probably will.
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Post by littlefred747 on Aug 20, 2013 8:15:30 GMT -5
He is Doctor Death...! The Kevorkian of the investment community..! Fred, I've provided you with accurate prediction and valuable analysis over the past 2 years. You would have been much better off heeding my advise instead of con artists like Ken Pro. And I'm suppose to be the bad guy here? I've not engaged in personal attacks against you. Even after all this time and all the events that transpired that prove me to be correct you think that somehow I am your enemy. You can be a coward and vent your frustration against someone that had been telling you the truth all along but it won't change the facts. You would have been far better off listening to my advice 2 years ago. I have one more advice for you whether you like it or not... Sell at the opening tomorrow whatever the share price is. $0.06 or $0.04.... doesn't matter, just sell. Put that money in your pocket and wait 6 months. Then look at that money and reflect back on this post. You will see whether I am your friend or enemy. Fox...lighten up...I don't consider you an enemy. I don't consider Pro an enemy.... I blew this call on my own accord.... I really don't have a need to blame shift... I have a much more skeptical/ realistic view of the system and environment of corruption now. Fox----take a (cyanide) chill pill...you were mostly right.
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