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Post by rub1331 on Sept 5, 2013 13:11:19 GMT -5
that KKR buyout theory may work and must work out.
If they offer better PLAN, then Judge must take a better one, even if the previous PLAN is effective. I don’t know how many days left for this.
You may ask, why KKR is been late. Answer: they are trying to protect board from accusation of collusion. Bod may say, “hey, we did not know anything; we even cancelled our own stocks and option. KKR offer is great surprise for all of us.”
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Post by julgob on Sept 5, 2013 13:22:50 GMT -5
................. KODAK EMERGED ALREADY.... How can they move back... I think they can't anymore.
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Post by rub1331 on Sept 5, 2013 13:30:31 GMT -5
Bankruptcy is not easy process...we dont know many details...time will tell.
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Post by dontbeafraid on Sept 5, 2013 13:37:10 GMT -5
Strange the new ticker / stock isn't trading until October 1st but maybe its normal
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Post by julgob on Sept 5, 2013 13:40:53 GMT -5
... ok anyways... We will see.
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Post by rub1331 on Sept 5, 2013 13:41:55 GMT -5
"Strange the new ticker / stock isn't trading until October 1st but maybe its normal"
That's right. And also strange that previous CEO of Kodak is still senior adviser of KKR.
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Post by dontbeafraid on Sept 5, 2013 13:47:34 GMT -5
But the reality is the Court and Debtors stated that existing stock will be cancelled, new shares issued, and Kodak has emerged out of bankruptcy court. I don't think this is a limbo period, seems like we're all dealing with a terrible hangover wondering what the "f" did happened.
Rub, hope is good. I have nothing more too loose at this point.
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Post by julgob on Sept 5, 2013 13:48:54 GMT -5
... anyways..
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Post by rub1331 on Sept 5, 2013 13:55:17 GMT -5
If it buyout will not happen and there is no class action... then I promise to mail the evidence of insider trading to at least 10 officials including media every month. People come and go, many of them could ignore the facts, but I hope someday new officails will read and start investigation. It may took me years mailing the evidence, I dont care.
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Post by We Got Hosed!!! on Sept 5, 2013 14:17:47 GMT -5
"Strange the new ticker / stock isn't trading until October 1st but maybe its normal" That's right. And also strange that previous CEO of Kodak is still senior adviser of KKR. Hope is still a live... perhaps until the new shares gets traded...
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Post by updated on Sept 5, 2013 14:55:08 GMT -5
Hello all, This board is like a funeral gathering... we are still hoping the dead person will rise again ...this will take a miracle and I personally used to believe in miracles but not anymore... anyways...the shares are not trading... the ticker does not exist anymore... I don't know what could happen if KKR decides to buy Kodak now ... someone mentioned that have 2 weeks for another POR ... I am not sure if I understood this correctly... plz someone clarify this ... We need someone who is kinda knowledgeable about this ... we want facts (if it is possible or not) to keep the hope up lol "Strange the new ticker / stock isn't trading until October 1st but maybe its normal" That's right. And also strange that previous CEO of Kodak is still senior adviser of KKR. Hope is still a live... perhaps until the new shares gets traded...
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Deleted
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Post by Deleted on Sept 5, 2013 16:07:17 GMT -5
Hello all, This board is like a funeral gathering... we are still hoping the dead person will rise again ...this will take a miracle and I personally used to believe in miracles but not anymore... anyways...the shares are not trading... the ticker does not exist anymore... I don't know what could happen if KKR decides to buy Kodak now ... someone mentioned that have 2 weeks for another POR ... I am not sure if I understood this correctly... plz someone clarify this ... We need someone who is kinda knowledgeable about this ... we want facts (if it is possible or not) to keep the hope up lol Hope is still a live... perhaps until the new shares gets traded... Correct. This deal is over. There can be no buyout inspite of what you might think. You can't put the toothpaste back in the tube, so to speak. If KKR wanted to buy Kodak now, they would negotiate with the new BOD and the new shareholders. The old shareholders have no play anymore. No chance for anymore POR's.
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Post by rub1331 on Sept 5, 2013 16:41:15 GMT -5
Somebody in yahoo board wants to buy our shares. Hello KKR, how are you?
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Post by velvetjoneslives on Sept 5, 2013 16:58:51 GMT -5
Somebody in yahoo board wants to buy our shares. Hello KKR, how are you? OK, I tried to stay away but I can't take it any more. Are you really this clueless? You don't have any shares anymore. They're gone. The bankruptcy is over! New shares are usually not issued overnight, this is not a delay or play for some white knight to come save you or for some backroom deal to be struck. BTW, good look with your lawsuit as well. As you've been told repeatedly, in order for you to win anything creditors would need to paid first. "But it's not fair" is not a valid legal defense and Federal judges don't take kindly when you accuse one of their own of being in on a fraud. Another thing to remember, while a lawyer might be willing to take your case commission only, when you do LOSE, which is all but certain, the new Kodak will come after you for legal fees and the judge will award them. So good luck with that.
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Post by rub1331 on Sept 5, 2013 17:06:34 GMT -5
I should be robbed and get scared. No way. I have nothing to loose. Your bosses have.
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Post by velvetjoneslives on Sept 5, 2013 17:18:01 GMT -5
I should be robbed and get scared. No way. I have nothing to loose. Your bosses have.Again, showing strong signs that you are paranoid delusional. Everyone is out to get you. You have been wronged in every way possible. Do you see guys in black suits and sunglasses following you around during the day? I still want to know exactly how you were robbed? If any one should be p*ssed it is the creditors. Kodak got a sweet deal, they should have been forced in to Chapter 7.
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Post by rub1331 on Sept 5, 2013 17:19:28 GMT -5
Good bye Velvet
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Post by velvetjoneslives on Sept 5, 2013 17:23:48 GMT -5
Still at it. You only look for validation of your own point of view and want to hear nothing that opposes it. If you had actually listened to what everyone outside your little herd, include Kodak itself, told in the first place you would have walked away mostly unscathed.
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Post by angelsrwatchn on Sept 5, 2013 18:33:38 GMT -5
Because some of us KNOW the true value of Kodak......and it wasn't what was presented.......people here believed in Kodak otherwise they wouldn't have stayed invested ......we didn't believe in the lies and bonuses that were given out to the executives......so nail away but I stood up for the truth and it will come out. They got all my money but not all my determination and tenacity. Now I can focus all my OCD on making the truth come out....and it will....it always does. I did my homework....Kodak is a great company...they were not hopelessly insolvent......and now they are going for $11.94 a share? ? REALLY? ?REALLY? ?? Don't try to intimidate someone who has nothing to lose.
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Post by velvetjoneslives on Sept 5, 2013 19:02:25 GMT -5
Because some of us KNOW the true value of Kodak......and it wasn't what was presented.......people here believed in Kodak otherwise they wouldn't have stayed invested ......we didn't believe in the lies and bonuses that were given out to the executives......so nail away but I stood up for the truth and it will come out. They got all my money but not all my determination and tenacity. Now I can focus all my OCD on making the truth come out....and it will....it always does. I did my homework....Kodak is a great company...they were not hopelessly insolvent......and now they are going for $11.94 a share? ? REALLY? ?REALLY? ?? Don't try to intimidate someone who has nothing to lose. Unfortunately for you the courts rely on facts and evidence, not delusional rantings. You had your day in court and you blew it big time. PPS is meaningless unless you look at the overall shares outstanding. If anything, that valuation is generous to say the least. Those shares represent payment to creditors, and Kodak bluffed their way to emergence.
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Post by velvetjoneslives on Sept 5, 2013 19:10:55 GMT -5
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keith
New Member
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Post by keith on Sept 5, 2013 19:42:20 GMT -5
Some of the ideas use to be funny. Now it's just pathetic. Game over. Fat Lady sang and left the building.
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Deleted
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Post by Deleted on Sept 5, 2013 22:19:25 GMT -5
Because some of us KNOW the true value of Kodak......and it wasn't what was presented.......people here believed in Kodak otherwise they wouldn't have stayed invested ......we didn't believe in the lies and bonuses that were given out to the executives......so nail away but I stood up for the truth and it will come out. They got all my money but not all my determination and tenacity. Now I can focus all my OCD on making the truth come out....and it will....it always does. I did my homework....Kodak is a great company...they were not hopelessly insolvent......and now they are going for $11.94 a share? ? REALLY? ?REALLY? ?? Don't try to intimidate someone who has nothing to lose. As someone that watched all this from the inside, I can tell you that you are incorrect. Anything you think is "hidden" is just not there. The place is a shell of its former self. The employees dislike what AP and the BOD did just as much as you do. The people in PI/DI that left are thrilled to be out from under the Kodak umbrella. The ones left behind are not so happy. And $11.94 a share means nothing unless you multiply by the number of shares to get the market cap. If you don't understand that, PM me and I will try and help. The truth came out and you don't want to believe it. You really should find a better use of your time than continue to chase this. Once again, KKR was gone after the gave up their board seats. Also, they could not find a buyer for PI. DI was only valued at $200M. Kodak Park was and is an environmental disaster. The remaining patents are in areas that are not considered high profile, hence the value was just not there. I am sure there will be a class action suit. They will find you. You don't have to do anything. The cost of postage will exceed any payout you might get. Wait and see. If you haven't been thru one, trust me, that's the way it is. In time you will realize that. It is dangerous to not have diversity of thought. I noticed people that had an opposite point of view were derided and booted. If everyone agrees 100% with you about something, be wary. thank you for your time.
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Post by goldentouch on Sept 5, 2013 22:26:20 GMT -5
Because some of us KNOW the true value of Kodak......and it wasn't what was presented.......people here believed in Kodak otherwise they wouldn't have stayed invested ......we didn't believe in the lies and bonuses that were given out to the executives......so nail away but I stood up for the truth and it will come out. They got all my money but not all my determination and tenacity. Now I can focus all my OCD on making the truth come out....and it will....it always does. I did my homework....Kodak is a great company...they were not hopelessly insolvent......and now they are going for $11.94 a share? ? REALLY? ?REALLY? ?? Don't try to intimidate someone who has nothing to lose. Angel- the 11.94 is irrelevant. They only have 42 million share and they are ELIMINATING 3 BILLION IN DEBT TO OBTAIN THAT 500 MILLION DOLLAR VALUATION. If you really believe in the value of Kodak, invest in a week or two when the new shares start to trade.
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kott16
Junior Member
Posts: 242
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Post by kott16 on Sept 6, 2013 1:19:23 GMT -5
According to AP there will be no profitability for Kodak until 2014 or 2015. Kodak's quick emergence has changed nothing if this is true. Is there hidden value or not? Ask the 2nd lien holders who bought Kodak and now own 85% of the company.
Kodak just seems to be low hanging fruit at this point. Unless there is a no sell clause for a certain period of time Kodak achieved nothing in this deal to protect the company. The 2nd lien can do whatever they want with the company, including break it up and sell it off. The people who should be worried are the unsecured stock holders with only a 15% stake.
Unless Kodak has some secret revenue stream that is hidden in the redacted documents they are done. No value in land, silver stocks, or patents means they will rely on selling some Prosper presses. This does not sound promising at all.
Holding the new Kodak shares does not sound any better than the cancelled shares if they are really that poor. People holding the new shares better hope that there are hidden assets or they will quickly be in the same sorry state as the cancelled stock.
Too bad KKR did not make a bid and take Kodak private. Kodak is done under the new owners.
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Post by angelsrwatchn on Sept 6, 2013 9:16:29 GMT -5
SO what some of you are saying is this KODAK lied to their shareholders about what a good company it was at the time, Kodak continues to lie and misrepresent to the world...ie their business partners, anyone who buys ANYTHING with the Kodak name, how great a company they are, lies about their mission statement........because you can't have it both ways......and say oh yeah, there was nothing there, there is nothing there in value, sorry shareholders too bad for you but let's give the new shares to the poor BOD, and then WOW when I go to NYC and Kodak still has a BIG presence in Times Square....that they were supposed to give up because they didn't have any money......but they still have enough money........and they have enough money to be doing all the things they were doing during BK and then they cancel my shares..........no no no ........not flying in my reality time capsule. Sorry.......either you is or you isn't........KODAK LIED and continues to lie and that is the bottom line ...to say nothing of the complicity with the insider trading.
And I also don't appreciate the "new" people who come in after we get canceled and make like they are such no it alls.......at least Artic and Golden and a few others had the balls as you boys would say to come earlier and call their shots..............any "jerk" can come in after a play and say "oh yeah you should have known better"
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keith
New Member
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Post by keith on Sept 6, 2013 12:02:35 GMT -5
The answer to your question angel is yes, they lied. There has been a long list of casualties of people who have been lied and abused by Kodak. As for the "new people", they are not as new as you think. Many have been around since the beginning but any time they said a discouraging word on Kodak they were greeted with a howl of basher and sooner or later ended up banned. Two sides to every story and if you only listen to one, you usually end up misinformed.
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