ER has not been announced as of yet. You may want to sign up for alerts at Supermedia website to get the latest information when it is made public.
I am expecting decent earnings and hope that an annoucement will be made regarding creditor approval of amendments. It is very possible that SPMD can procure 100% approval in my opinion. Due to DEXOs more complicated debt structure, I doubt that they will receive 100% approval. So, there is a chance that only DEXO has to file for prepackaged bankruptcy. This is why I am mainly holding SPMD at this point.
Still no announcement of ER date for DEXO or SPMD. Wonder what it means, if anything?
I continue to believe that the delay resonates around creditor approval of amendments for approval of merger. Figuring that mgmt will release the latest tallies on percentage of approval, the number can only grow with this additional time. If DEXO and SPMD did not believe that the number would grow any further, then I see no real need to delay announcement when they already have the necessary numbers to get approval via prepackaged bankruptcy.
So, I am really wondering if DEXO, or at least SPMD, has a shot at 100% approval by date of earnings. Imagine SPMD gets 100% approval AND reports very good earnings. Holy Shortsqueeze Batman!