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Post by johnnyt on Aug 25, 2013 7:19:32 GMT -5
On what date does KPP take over DI & PI? Anyone know?
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Post by johndeere on Aug 25, 2013 10:29:55 GMT -5
Sept 1st they will officially be part of KPP. Also heard KPP has deal for employees to use all Apple products for job. IPad, IPhone, etc. Probably means nothing but maybe Apple buyout coming? Very doubtful but wishful thinking.
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Post by angelsrwatchn on Aug 25, 2013 11:01:02 GMT -5
I got the Avatar...all ready!!
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Deleted
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Post by Deleted on Aug 25, 2013 11:59:29 GMT -5
Sept 1st they will officially be part of KPP. Also heard KPP has deal for employees to use all Apple products for job. IPad, IPhone, etc. Probably means nothing but maybe Apple buyout coming? Very doubtful but wishful thinking. Sept. 1st is correct. The rest is totally wrong. No buyout of any type pre-emergence, sorry. After emergence? Probably at some point. At least pieces of it.
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Post by updated on Aug 25, 2013 12:27:48 GMT -5
""no buyout pre emergence, sorry"" wow, you speak of authority... wow... wow ...wow...wow ... wow... Sorry but you are an imbecile Sept 1st they will officially be part of KPP. Also heard KPP has deal for employees to use all Apple products for job. IPad, IPhone, etc. Probably means nothing but maybe Apple buyout coming? Very doubtful but wishful thinking. Sept. 1st is correct. The rest is totally wrong. No buyout of any type pre-emergence, sorry. After emergence? Probably at some point. At least pieces of it.
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fufat
Junior Member
Posts: 194
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Post by fufat on Aug 25, 2013 12:36:23 GMT -5
Sept 1st they will officially be part of KPP. Also heard KPP has deal for employees to use all Apple products for job. IPad, IPhone, etc. Probably means nothing but maybe Apple buyout coming? Very doubtful but wishful thinking. Sept. 1st is correct. The rest is totally wrong. No buyout of any type pre-emergence, sorry. After emergence? Probably at some point. At least pieces of it. I would think that if someone bought after emergence they would be leaving any treasury stock close to 6 BIL that was already paid for. About 120 MIL shares the company owns. Yes at this moment they are not worth very much, but if they would be retained for future company growth they could be worth what they were bought at the time. I believe this can only happen in a buyout pre emergence by scooping up majority of the shares beforehand. The treasury stock gets lost with the new company. Why leave potential value like this on the table. There is much to gain from these shares and they can be held for when the time is right to reissue them back to market.
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Post by angelsrwatchn on Aug 25, 2013 12:38:33 GMT -5
Maybe the buyout is Google??? I think they make and or buy their employees Apple products. Ray Kurzweil now working for them and he is head lining Kodak sponsored party/conf in Wash DC>
By Adam Ludwig | March 27, 2013, 2:24 PM In a talk last January at Learning Without Frontiers, Ray Kurzweil speculated that one day 3D printers will be able to self-replicate by printing parts to make other 3D printers. Kurzweil, now Director of Engineering at Google and a speaker at last year's Techonomy conference, thinks 3D printing could have a paradigm-shifting impact on how we manufacture all kinds of things—from automobiles to the highways that they drive on. Fueled by this vision, students at the Singularity University, which Kurzweil founded, are working on creating 3D-printable buildings. Now, the Dutch firm DUS Architects plans to use a mobile printing facility called the KamerMaker to build the first 3D-printed canal boat. MORE
Then it will be called KOOGLE!!!!
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Post by johnnyt on Aug 25, 2013 18:14:18 GMT -5
""no buyout pre emergence, sorry"" wow, you speak of authority... wow... wow ...wow...wow ... wow... Sorry but you are an imbecile Sept. 1st is correct. The rest is totally wrong. No buyout of any type pre-emergence, sorry. After emergence? Probably at some point. At least pieces of it. So if KPP takes over DI & PI on 9/1, and current shares are void on 9/3 (that is if Kodak really emerges from BK on 9/3), then we had better hope someone (hopefully KKR) buys Kodak this week. It would be sad to see us get wiped out, to see 5+B in treasury stocks sitting on the shelf get wiped, to see 2+B in NOL'a get lost, and in KKR's case they would see 40M in warrants get wiped. I would hope that KKR would stop sitting on their hands and buy EK out prior to Friday. If nothing happens by then, it' over for us.
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Post by goldentouch on Aug 25, 2013 18:27:45 GMT -5
Johny- you are aware that treasury stock (in this case) has the same value as the tokens you get at chuck cheese. They will never hit market is the company is taken private.
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Post by updated on Aug 25, 2013 18:33:25 GMT -5
Wow - you speak of wisdom ... come again and in case you believed that you speak of wisdom, I was being sarcastic Look up sarcastic in the Eng - Far dictionary lol Johny- you are aware that treasury stock (in this case) has the same value as the tokens you get at chuck cheese. They will never hit market is the company is taken private.
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Post by johnnyt on Aug 25, 2013 18:35:08 GMT -5
Johny- you are aware that treasury stock (in this case) has the same value as the tokens you get at chuck cheese. They will never hit market is the company is taken private. Would that be true if Kodak was taken private for a couple of years and then go public?
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Post by goldentouch on Aug 25, 2013 20:55:21 GMT -5
Johny- you are aware that treasury stock (in this case) has the same value as the tokens you get at chuck cheese. They will never hit market is the company is taken private. Would that be true if Kodak was taken private for a couple of years and then go public? If the company gets taken private, all the shares will be gone therefore rendering them void. I own my own corp, now I can own 1 of 1 share or I can own 1,000 of 1,000 shares.
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Post by diamondrockvegas on Aug 25, 2013 21:34:20 GMT -5
Golden you have to stop talking nonsense. First of all I own shares in 3 public companies that went private. I still own shares in them today. COREL vector capital bought Corel and took it private at 1.25 a share. I delivered my stock out before the buyout was completed. Waited a few years and it opened at 16 plus dollars ANTENNA PRODUCTS just recently went private.Own shares in these companies that went private. MITEL went private then public once again. I sold them by waiting. I own another private company shares so keep your stock in street name. Taking delivery can stop this action by taking it out of street form. The brokerage house is the banker who owns the rights to your stock. If a buyout comes this week to take it private your broker is going to send you the cash quickly. YOU HAVE NO SAY. ITS QUICK and SWEET and the worst way to get bought out without a chance to say no. I have some stock left in cert form. Impossible to do if a buyout comes quick this week. Your broker will deposit the cash into your acct. Question is whats the buyout price? 50c 75c Anything is possible for a buyout and least we not forget the least amount of money payable in a leveraged buyout is probable for the remaining KODAK shareholders. I think if it does come be prepared that it could happen. I am not sure if it will. I can guarantee you all this. The remaining shares i have will be kept if it does delist. Reason, is WHY DO YOU THINK a lawsuit from a lawyer for a class action suit will take place. IF a settlement comes in for 40 50 75 1.25 a share what will the company pay out for the remaining shareholders that are left picking up the stock? I believe somebody is buying the float for this as well. Either a class action payout in a few years or a private takeover. Thats my thinking. Whos floating the volume? Two possibilities.
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Post by johnnyt on Aug 25, 2013 21:38:59 GMT -5
Would that be true if Kodak was taken private for a couple of years and then go public? If the company gets taken private, all the shares will be gone therefore rendering them void. I own my own corp, now I can own 1 of 1 share or I can own 1,000 of 1,000 shares. I am not sure if you're speaking of pre or post exit from BK, but are you aware of the Companies act of 2006, modified April 30, 2013? This modification allows private equity firms to hold treasury shares. It doesn't speak directly to treasury shares being held by public companies and then the company being sold to private, but I tend to read between the lines that PE could hold them. Good luck with owning your own Corporation. I wish you great fortune.
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Post by littlefred747 on Aug 25, 2013 21:45:30 GMT -5
Golden you have to stop talking nonsense. First of all I own shares in 3 public companies that went private. I still own shares in them today. COREL vector capital bought Corel and took it private at 1.25 a share. I delivered my stock out before the buyout was completed. Waited a few years and it opened at 16 plus dollars ANTENNA PRODUCTS just recently went private.Own shares in these companies that went private. MITEL went private then public once again. I sold them by waiting. I own another private company shares so keep your stock in street name. Taking delivery can stop this action by taking it out of street form. The brokerage house is the banker who owns the rights to your stock. If a buyout comes this week to take it private your broker is going to send you the cash quickly. YOU HAVE NO SAY. ITS QUICK and SWEET and the worst way to get bought out without a chance to say no. I have some stock left in cert form. Impossible to do if a buyout comes quick this week. Your broker will deposit the cash into your acct. Question is whats the buyout price? 50c 75c Anything is possible for a buyout and least we not forget the least amount of money payable in a leveraged buyout is probable for the remaining KODAK shareholders. I think if it does come be prepared that it could happen. I am not sure if it will. I can guarantee you all this. The remaining shares i have will be kept if it does delist. Reason, is WHY DO YOU THINK a lawsuit from a lawyer for a class action suit will take place. IF a settlement comes in for 40 50 75 1.25 a share what will the company pay out for the remaining shareholders that are left picking up the stock? I believe somebody is buying the float for this as well. Either a class action payout in a few years or a private takeover. Thats my thinking. Whos floating the volume? Two possibilities. DRV...Im thankful that you are still here! The volume last week gives me great hope for Monday and Tuesday!
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Post by We Got Hosed!!! on Aug 25, 2013 21:52:27 GMT -5
welcome back DRV.. Sincere thanks to you and all the fellas that mounted the last charge against the blood suckers.
agreed with you..
if there's no buyout, some other blood sucker law firms will take the case for sure.
SBG and others have extremely details documentation on all the questionable doings by all entities involve in this BK proceedings.
There's no doubt that there will be enough evidence to go after these basters.
it's may not take years for settlement with all the overwhelm evidence of possible fraud and unlawful activities.
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Post by littlefred747 on Aug 25, 2013 21:59:30 GMT -5
welcome back DRV.. Sincere thanks to you and all the fellas that mounted the last charge against the blood suckers. agreed with you.. if there's no buyout, some other blood sucker law firms will take the case for sure. SBG and others have extremely details documentation on all the questionable doings by all entities involve in this BK proceedings. There's no doubt that there will be enough evidence to go after these basters. it's may not take years for settlement with all the overwhelm evidence of possible fraud and unlawful activities. If there is a suit against this brood...I hope the Judge also comes under review. He really turned out to be a pathetic excuse for ethical oversight. He ranks as a greater disappointment than Antonio Perez.
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Post by We Got Hosed!!! on Aug 25, 2013 22:14:00 GMT -5
welcome back DRV.. Sincere thanks to you and all the fellas that mounted the last charge against the blood suckers. agreed with you.. if there's no buyout, some other blood sucker law firms will take the case for sure. SBG and others have extremely details documentation on all the questionable doings by all entities involve in this BK proceedings. There's no doubt that there will be enough evidence to go after these basters. it's may not take years for settlement with all the overwhelm evidence of possible fraud and unlawful activities. If there is a suit against this brood...I hope the Judge also comes under review. He really turned out to be a pathetic excuse for ethical oversight. He ranks as a greater disappointment than Antonio Perez. was awfully to hear the script that he ask the shareholders to SHUT UP... how can a judge be so incentives in this type of event. First Rodeo? LOL!!! worse of all, he shutdown every well documented objections. the possible insider trading objection was an excellent example. If you don't need the money for a few years or simply go RICE & Beans until settlements, you could see a return in your investment. Buyout will settle just about everything and keeps everyone mouth shut.
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Post by kadokowl on Aug 25, 2013 23:57:58 GMT -5
If the company gets taken private, all the shares will be gone therefore rendering them void. I own my own corp, now I can own 1 of 1 share or I can own 1,000 of 1,000 shares. I am not sure if you're speaking of pre or post exit from BK, but are you aware of the Companies act of 2006, modified April 30, 2013? This modification allows private equity firms to hold treasury shares. It doesn't speak directly to treasury shares being held by public companies and then the company being sold to private, but I tend to read between the lines that PE could hold them. Good luck with owning your own Corporation. I wish you great fortune. If there is a buyout, how can we keep our shares if we just want to wait and not sell? Perhaps keep half and sell the rest?
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Post by updated on Aug 26, 2013 0:03:49 GMT -5
lol kodakowl...lets get a buyout first and then worry about the next step I am not sure if you're speaking of pre or post exit from BK, but are you aware of the Companies act of 2006, modified April 30, 2013? This modification allows private equity firms to hold treasury shares. It doesn't speak directly to treasury shares being held by public companies and then the company being sold to private, but I tend to read between the lines that PE could hold them. Good luck with owning your own Corporation. I wish you great fortune. If there is a buyout, how can we keep our shares if we just want to wait and not sell? Perhaps keep half and sell the rest?
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fufat
Junior Member
Posts: 194
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Post by fufat on Aug 26, 2013 5:40:54 GMT -5
Interesting document 4100 pertaining to EBP sale!!! The sale of KBP is part of this deal. And it seems Kodak will get lease funds from the Kodak pension plan DI/PI businesses. Unbelievable!!!!! 12-10202-alg Doc 4100 Filed 06/21/13 Entered 06/21/13 13:32:45 Main Document Pg 9 of 70 Obligations After Implementation Minimum Kodak Footprint. Kodak will use and occupy the Park after the effective date of the Plan consistent with the Minimum Kodak Footprint and the EBP Settlement Agreement. Upon consummation of the Debtors’ spin-off of their Document Imaging and Personalized Imaging businesses to affiliates of the Kodak Pension Plan, Kodak shall enter into leases with the new owners or operators of such businesses on specified terms (the “DI/PI Lease”) and the Minimum Kodak Footprint shall be reduced accordingly. Sale of the Park. With respect to any sale of all or substantially all of Kodak’s ownership interest in the Park, (a) such sale shall be subject to the DI/PI Lease, (b) the purchase contract shall require the purchaser to enter into a lease with Kodak for Kodak’s continued occupancy and use of the Park consistent with the Minimum Kodak Footprint, (c) ESD and Kodak shall cooperate to ensure that the purchaser benefits from the DEC Covenant, the Trust and the other undertakings of ESD pursuant to the EBP Settlement Agreement, (d) such sale shall be subject to the reasonable approval of ESD that the purchaser meets certain standards set forth in the EBP Settlement Agreement, and (e) ESD and DEC shall be third-party beneficiaries of the purchaser’s post-closing obligations under any such sale. Ongoing Cooperation. With respect to a sale of any ownership interest in the Park after June 18, 2013, the purchase contract shall require the purchaser to cooperate with DEC in certain respects, including (a) by providing commercially reasonable cooperation with DEC and the Trust with respect to the EBP Environmental Response Actions, (b) to the extent the sale relates to ownership interest in wastewater utilities at the Park, by treating wastewater without cost to the Trust and (c) by agreeing to certain information sharing arrangements with the N.Y. State Parties. dm.epiq11.com/KDK/Document/GetDocument/2387490
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Post by hereugo on Aug 26, 2013 5:56:28 GMT -5
Subject: KPP Closing Update
Due to unforeseen reasons, the closing date of the transaction between Kodak and KPP will now be September 3, 2013. In light of the new closing date, your first date of employment with the new KPP company will be September 3. Please know that KPP is very excited that you will be joining the new company. Additional details regarding the impact of this slight delay on subjects such as payroll and benefits will be communicated to you early next week. Have a great weekend.
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fufat
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Post by fufat on Aug 26, 2013 6:41:23 GMT -5
Subject: KPP Closing Update Due to unforeseen reasons, the closing date of the transaction between Kodak and KPP will now be September 3, 2013. In light of the new closing date, your first date of employment with the new KPP company will be September 3. Please know that KPP is very excited that you will be joining the new company. Additional details regarding the impact of this slight delay on subjects such as payroll and benefits will be communicated to you early next week. Have a great weekend. So it seems September 3rd the deal is done and then Kodak can sell the EBP and receive lease money from the new owners of the DI/PI businesses.
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Deleted
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Post by Deleted on Aug 26, 2013 7:38:04 GMT -5
""no buyout pre emergence, sorry"" wow, you speak of authority... wow... wow ...wow...wow ... wow... Sorry but you are an imbecile I am an authority. You have no idea what you are talking about. But everyone knows that by now. Sept. 1st is correct. The rest is totally wrong. No buyout of any type pre-emergence, sorry. After emergence? Probably at some point. At least pieces of it.
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Post by kevinblandford on Aug 26, 2013 8:16:31 GMT -5
Subject: KPP Closing Update Due to unforeseen reasons, the closing date of the transaction between Kodak and KPP will now be September 3, 2013. In light of the new closing date, your first date of employment with the new KPP company will be September 3. Please know that KPP is very excited that you will be joining the new company. Additional details regarding the impact of this slight delay on subjects such as payroll and benefits will be communicated to you early next week. Have a great weekend. ohhhhhhhhhhhhhhhhhh my, unforeseen reasons so all the masterminds who worked this project for 2+yrs apparently did not see this coming I figured the entire cast of players would say this when Kravis made his offer it's unforeseen ya don't know?
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Post by kevinblandford on Aug 26, 2013 8:18:11 GMT -5
unforeseen [ˌʌnfɔːˈsiːn] adj not seen or known beforehand; unanticipated
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Post by johndeere on Aug 26, 2013 8:42:44 GMT -5
Yeah, "unforeseen reasons" is a bunch of BS. Why can't they disclose the actual reason it was delayed? Something fishy going on here- and has been for 2 years
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Post by angelsrwatchn on Aug 26, 2013 9:18:34 GMT -5
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Post by We Got Hosed!!! on Aug 26, 2013 9:20:05 GMT -5
Yeah, "unforeseen reasons" is a bunch of BS. Why can't they disclose the actual reason it was delayed? Something fishy going on here- and has been for 2 years They could have easily that this delay was due to the Labor day holiday... They won't want to pay new employees' with holiday pay... LOL!!! Mgmt want to save some cash...first day to start a new job with the company and it's a HOLIDAY!!! can't have that happen...LOL!!!
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Post by johndeere on Aug 26, 2013 9:27:30 GMT -5
Or could have said "this is a complex sale and closing and 2 extra days were needed"
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