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BB Liquidating Inc. Message Board

bulltrade2003 20 posts  |  Last Activity: Sep 15, 2014 9:49 AM Member since: Jul 6, 2003
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  • Reply to

    Bar Date & Ch7

    by bulltrade2003 Sep 14, 2014 10:24 PM
    bulltrade2003 bulltrade2003 Sep 15, 2014 9:49 AM Flag

    you would wonder why this BK is talking so long stone....and other than L2 timeline which is running somewhat synchronized with this in parallel, nothing else comes to mind as the reason for hold up...

    Sentiment: Hold

  • bulltrade2003 by bulltrade2003 Sep 14, 2014 10:24 PM Flag

    So, what is the significance of a Bar Date in a C7 no asset case like this? The doc #2952 is all about an order requested from court to limit the Bar Date Notice to concerned parties. They haven't laid out the exact Bar Date in the order yet. I'm assuming that will align with the Oct 20-30 window. Oct 20 is L2 plan confirmation hearing and 30th is Dish shareholder meeting.

    So far, I've not seen any research which points to Structured Dismissal in C7 case. All structured dismissals are done in C11 before conversion. So, not clear on how the motion for Bar Date Notice sets us up for exit. Hoping for closure and resolution in the month of Oct - certainly not happening this month because Bar Date Notice order itself will be passed on Sept 26th and I'm assuming they will probably allow 30 days for Bar Date to be set. Late Oct should be a busy period...

    Sentiment: Hold

  • Reply to

    Doc # 2952 is out

    by iam.vulpine Sep 12, 2014 4:06 PM
    bulltrade2003 bulltrade2003 Sep 13, 2014 1:45 PM Flag

    iam: can u pls send me a copy of the doc? Email id: bulltradewhatever@gmaildotcom

    Sentiment: Hold

  • Reply to

    PCAOBUS

    by tazmaster1965 Sep 8, 2014 9:59 PM
    bulltrade2003 bulltrade2003 Sep 9, 2014 10:32 AM Flag

    Taz: This had come up earlier as well. I thought a company was required to pay if the avg mkt cap was greater than 75M. So, my conclusion was since BBI was much below that, that report didn't mean anything. Also, if I remember correctly, it had a couple other bankrupt entities on the list of companies in compliance like Borders, etc which were already liquidated. So, not sure there is too much to interpret from that PCAOBUS issuer list.

    Talking about the Dish shareholder date of Oct 30, wouldn't they have to make an announcement a month before if the merger proposal has to be tabled for vote in shareholder meeting. It could be Dish & Sprint/Tmus merger as well or sale of spectrum and merger of Dish Digital with BB LLC. Too many scenarios possible...but whatever be the big news, one would think that they would have to announce it a month before and get the shareholder communication out in mail before the meeting...they can't make an announcement like that in the meeting IMO...it should have enough lead time for shareholders to think through before the vote if it needs voting...

    Sentiment: Hold

  • Reply to

    Trustee: Nothing for 2012s.

    by buffett1973 Sep 1, 2014 4:20 PM
    bulltrade2003 bulltrade2003 Sep 2, 2014 12:04 AM Flag

    Taz: I'm surprised you still trust Buffett after all the colors he has shown over the years. Very few true longs left here...

    Sentiment: Hold

  • Reply to

    Dish shareholder meeting date?

    by chuckwagonttu Aug 21, 2014 12:03 PM
    bulltrade2003 bulltrade2003 Aug 21, 2014 2:14 PM Flag

    What's the purpose of posting this Lehman BK update colo_rado45?

    Sentiment: Hold

  • Reply to

    Buying Over 1,000,000 Shares

    by green_opts Aug 19, 2014 10:11 AM
    bulltrade2003 bulltrade2003 Aug 21, 2014 12:07 PM Flag

    Taz - good to hear from you. How long do u think we wait here? I have a feeling we sit here till Q1 of next year when L2 comes out of BK. Somehow the timelines are linked else no reason to be on shelf here. Thoughts? Where is Chuck? Haven't seen him here recently either....

    Sentiment: Hold

  • Reply to

    Lightsquared

    by buffett1973 Jul 28, 2014 9:55 PM
    bulltrade2003 bulltrade2003 Jul 29, 2014 5:49 PM Flag

    Hotspur - where did you get this timeline from? is this for the latest plan that Dish is financing instead of JPM? There has been no news on L2 for past few days and they were supposed to have a plan tabled last week...I thought there was a hearing a couple days back that got indefinitely cancelled too...so, when was this wsj timeline published?

    Sentiment: Hold

  • Reply to

    Thoughts on timeline?

    by bulltrade2003 Jul 21, 2014 11:04 PM
    bulltrade2003 bulltrade2003 Jul 22, 2014 11:17 AM Flag

    Don't think Charlie sells out...he is looking to partner with Telcos leveraging his spectrum asset is my read of the situation and that's why it is taking time and will take more time may be well into 2015....if he had to sell out, it would have happened by now..

    Sentiment: Hold

  • bulltrade2003 by bulltrade2003 Jul 21, 2014 11:04 PM Flag

    So, we are at 1 yr anniversary of Ch 7 conversion & the stock still trades and case is still open! Any thoughts from the longs on what milestones to look for in terms of dates for BK exit? Lojas is also resolved - so, it sounds to me like L2 exit has sthg to do with timeline here. If that's the case, we could be in limbo till Feb 2015:-( L2 Plan is supposed to be filed anyday and it will take atleast 30 days for approval & they have to deal Falcon's suit threats during that time, etc. We could easily be waiting till end of the year atleast or may be another couple months when 2014s become due. Any thoughts folks?

    Sentiment: Hold

  • Reply to

    BREAKOUT COMING SOON...

    by green_opts Jul 15, 2014 11:57 AM
    bulltrade2003 bulltrade2003 Jul 15, 2014 12:56 PM Flag

    possible...donno why they need time till Feb if plan gets approved in Aug..

    Sentiment: Hold

  • Reply to

    BREAKOUT COMING SOON...

    by green_opts Jul 15, 2014 11:57 AM
    bulltrade2003 bulltrade2003 Jul 15, 2014 12:21 PM Flag

    Based on L2 timeline, we could be looking at Feb of next year now...that's when they are projecting L2 to come out of BK. POR may be presented next week and approval in August but plan will not be executed before Feb next year. Guess, Charlie wants to wait for Nov spectrum auction....not sure where BB fits in from a relaunch perspective in his deck of cards...we continue to wait

    Sentiment: Hold

  • Reply to

    l2 has a plan - ergen

    by jerrynewburger Jun 27, 2014 6:51 PM
    bulltrade2003 bulltrade2003 Jun 27, 2014 8:29 PM Flag

    Verizon has denied interests in buying the whole co but there are talks about the spectrum...could be just another distraction & Verizon actually buys the whole co or it is just the spectrum they end up buys as reported...I feel strongly about Verizon being that suitor though either for the spectrum or the whole co

    Sentiment: Hold

  • Reply to

    l2 has a plan - ergen

    by jerrynewburger Jun 27, 2014 6:51 PM
    bulltrade2003 bulltrade2003 Jun 27, 2014 8:11 PM Flag

    Yep - I read that too and he walked out of the other one without participating...so, clearly not interested

    Verizon is the chosen partner given the WSJ story, the complementary nature of spectrums on both sides and the Redbox Instant deal that's still waiting for proper launch to the market...July 4th could still be reality

    Sentiment: Hold

  • Reply to

    l2 has a plan - ergen

    by jerrynewburger Jun 27, 2014 6:51 PM
    bulltrade2003 bulltrade2003 Jun 27, 2014 7:16 PM Flag

    Wonder what happens to BB now - we could get dragged out even further. Looks like Ergen doesn't want to deal with anyone...

    Sentiment: Hold

  • Reply to

    Why Has Bill Strouss Dissappeared?

    by tazmaster1965 Jun 24, 2014 6:06 PM
    bulltrade2003 bulltrade2003 Jun 24, 2014 11:36 PM Flag

    "Stay tuned" - what does this mean? Are u expecting him back here soon Taz?

    Sentiment: Hold

  • Reply to

    Google this one

    by u_bet_on_dis Jun 23, 2014 11:49 AM
    bulltrade2003 bulltrade2003 Jun 23, 2014 12:20 PM Flag

    pretty lame article...other than a mention of the trust and the fact that this board is active and stock is not cancelled...there is no other substance to it...also, source is pretty questionable...some pink sheet trader...the silence on L2 is deafening...and then nothing of substance came out of 6/19 hearing...so, the wait continues...

    Sentiment: Hold

  • Reply to

    Doc #2942

    by iam.vulpine Mar 31, 2014 4:24 PM
    bulltrade2003 bulltrade2003 Jun 20, 2014 12:09 AM Flag

    This was a status conf Taz which is normally fluid in subject - donno why they needed one today after the resolution of the case...wouldn't be surprised if dismissal was addressed there and gets filed after the fact in a few days...

    Sentiment: Hold

  • Reply to

    Doc #2942

    by iam.vulpine Mar 31, 2014 4:24 PM
    bulltrade2003 bulltrade2003 Jun 19, 2014 10:23 PM Flag

    shouldn't there be a doc filed confirming dismissal of the case? some sort of closure of the case is required for sure Taz before the relaunch...

    Sentiment: Hold

  • Reply to

    Doc #2942

    by iam.vulpine Mar 31, 2014 4:24 PM
    bulltrade2003 bulltrade2003 Jun 18, 2014 8:36 AM Flag

    Let's see if it happens....have been awfully quiet on L2 front as well...

    Sentiment: Hold

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