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EASTMAN KODAK ŞİRKETİ Message Board

  • diamondrockvegas diamondrockvegas Jan 11, 2013 1:56 PM Flag

    Dear KodakBonds

    Kodak USA owns the Kodak International Subs but the creditors cannot touch them. What do you not understand. Kodak around the world are all separate entities of their own that require valuation. They are all cash cows. Cash outside of the United States stood at over 850 million dollars. They are never repatraiting any cash back to the US but perhaps its for the International Kodak new entity that will include the newly reorganized USA SUB in the USA . The creditors should have done their due diligence when they had a chance before they gave them their monies. They are all the debtors of the USA....they have no chance in the world to collect from the international kodak subs. Creditors will be paid 10 to 15 c on the dollar when Kodak USA comes out of reorganization. Kodak International is owned by common shareholders.

    I analyzed the last MOR and compared it with previous MORs AUGUST SEPT
    There was always an entry for "Investment in non-debtor entities" equivalent to $2 billion
    The MOR released last was the first time they provided a carve out financial statement showing the assets, liabilities etc for the Debtor (US) vs Non Debtor (Non-US). All previous statements 10q or 8k only showed us the consolidated statement and sometimes provided the current cash in hand breakdown of the different regions
    This 2 Billion asset is an investment by the debtor into Captial Stock of the non debtor.

    NOW ASK THE QUESTION? WHY DID THEY DO THIS!!!!!

    Sentiment: Strong Buy

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    • Kodak USA owns the Kodak International Subs but the creditors cannot touch them

    • hey Diamond..

      if you are going to use my analysis/statement from the other message board, at least give me some credit..
      Below is what i said in the kodak message board..see how it matches with your last para..

      "Gents...I analyzed this MOR and compared it with previous MORs (august, original September)

      a)There was always an entry for "Investment in non-debtor entities" equivalent to $2 billion
      b) The MOR released yesterday was the first time (per my knowledge) they provided a carve out financial statement showing the assets, liabilities etc for the Debtor (US) vs Non Debtor (Non-US). All previous statements 10q or 8k only showed us the consolidated statement and sometimes provided the current cash in hand breakdown of the different regions
      c) This 2 Billion asset is an investment by the debtor into Captial Stock of the non debtor.. Captial
      "

      Sentiment: Buy

      • 1 Reply to wushock75
      • koodas to wushock sorry for not giving credits...didnt know it was you...i got this email a few weeks ago that sparked my interest...is that from your private message group?. Information is being shared so i guess one of my large group investors joined your group to keep me posted when the tide was about to change. Good dig honestly. Good factoid

        Sentiment: Strong Buy

    • diamond, you are truely an IMBECILE to think common holders will survive if bondhodlers are impaired.......

    • ~~They are never repatraiting any cash back to the US~~

      I understand that you disregard an actual court document (Doc 2789 filed on 01/07/2013) about the repatriation of foreign cash with the assistance from Alvarez & Marsal.

      ~~Creditors will be paid 10 to 15 c on the dollar when Kodak USA comes out of reorganization. Kodak International is owned by common shareholders.~~

      I understand that you are also disregarding BK law that creditors must be made whole before the shareholders can receive a penny or new shares.

      ~~I analyzed the last MOR and compared it with previous MORs AUGUST SEPT ~~

      I understand that that you deliberately mask a small loss of $ 17 M (8-K filed on 12/28/2012) for Kodak ROW as "profitable", in order to make up your story.

      ~~What do you not understand.~~

      I understand that you are a pump-and-dumpster, making up stories on the fly. You did it before on the old board and you want to do it again here.

    • Also the ROW mechanics is that. Mechanics of how monies could go back to the USA after Kodak exits Chapter 11 in the USA. Yes in the grand plan and master plan of the new Kodak? Yes Do you think Kodak would be so stupid to repatriate all that cash to pay creditors of the USA before the reorganization? One big fat no. I resist on your commentary my fellow collegue. I would like to think Kodak has their powder dry in this department

      Sentiment: Strong Buy