What IS an "Intercompany Transaction"?
"These are accounts that are set up to post between companies. For instance, one company pays for Insurance for itself and another company. A portion of the payment is an expense of that company and a portion of that payment is due to the first company from the second company. So, instead of the two companies having to pay each other for every transaction for every day. The due to/from Intercompany account gets credited and debited so that all the transactions for the period (usually each month) are netted and one check is cut."
Wonder how much of this is happening between the dozens of "Companies" that have been created under Dish.
"Because the Debtors engage in Intercompany Transactions on a regular basis and such transactions are common among enterprises similar to the Debtors', the debtors believe the Intercompany Transactions are ordinary course transactions within the meaning of 363(c)(1) and, thus, do not require the Court's approval. Nonetheless, out of an abundance of caution, the Debtors are seeking express authority to engage in such transactions on a post petition basis. Moreover, the continued performance of the ordinary course Intercompany Transactions is integral to ensure the Debtors' ability to operate their businesses as Debtor-in-Possession. Were the Debtors' to obtain the services they currently receive pursuant to the Intercompany Transactions on an isolated per-company basis, aside from incurring excessive financial burdens in identifying appropriate providers of these services and entering into individual agreements for providing these services, the debtors would be required to divert their attention from their restructuring efforts and the smooth transition into operating as Debtors-in-Possession."
"The Debtors maintain records of all fund transfers and can ascertain, trace and account for Intercompany Transactions."
Thanks for the reminder concerning the bandwidth. I remember those articles and it is a complicated set of circumstances for this company to get this thing put together.
Resolution through distribution!:)
Ya know this was what I was concerned with last week...It is like a huge game for him and even though he came out ahead $ with the Sprint/Clwr stunt he has had some fumbles along the way. With any luck someone (possibly LGF) has some sort of deal with him where he MUST accomplish something by a certain date and we can just stop his game playing.
This Seinfeld Episode is getting a little stale:(
Certainly a powerhouse to be reckoned with!
Your right about the Mobile devices...the Future Is Here & Now.
Very detailed and explained well!
Speculation is all we have at this point...the beauty of their "Master Plan" was that they are not required to tell us ANYTHING while they have our company in bankruptcy. I also was thinking all along that when Icon left the room he had already had his hooks into this and has just moved onto NFLX , NUAN, HLF et al while waiting for them to get it put together.
The change in Bond symbols has been an interesting side note...still waiting for yc to show up and give some insight.
We shall see soon:)
"Watchlist" ???? Only by you and your cohorts!
You know this is going to trade soon...so what kind of "blocks" should we be looking for that you will be buying/shorting? I mean...you should at least be "seen" in your greatest trading moments right?
Go ZNGA, DISH & GO LONG Blockbuster!haha:)
I think the fact that Icon is still involved with Lionsgate, he recently sold a large position in NFLX (but kept a small amount in) and there is a long awaited sequel "The Hunger Games: Catching Fire" is slated to open "In a couple weeks" is an interesting combo.
IF we could get a piece of that I'd say we have a "BLOCKBUSTER" on our hands.
So nice to see all these great posts again:)
I know...just been such a messy affair that I still think somewhere they could somehow drop the ball. It's not like they haven't tried I just hope they have everything solidly in place before jumping out of the "Dreamliner" (no batteries included haha)
Well a couple of weeks and we will have some answers.
"When that happens, it's really going to open up amazing opportunities for the future of electronic sellthrough," Feltheimer said. "And I think your going to see it in a very short period of time."
Throwing out the crumbs here I think. Good catch...let's hope they do it seamlessly and don't bungle it up somehow.
No Halo included for that one...the devil makes him do it!Lol
That is what happens when they are on the wrong side of the trade...and they know it. Resorting to bad behaviors...it's their thing.
Looking good in Blockbuster Land...all that counts:)
Plenty of cash sitting out there waiting for the "Next Big Thing" . For the past creditors it's just business as usual...a write off. After all you never know what they are privy to and IF there will be opportunities to benefit just like Icon did with NFLX.
No doubt...wonder if they will ever stop coming up with reasons to get those last few shares. There can't possibly be that many holding still so cost effective wise makes no sense. I think we are maybe looking at needing to get the "worthless" label so the judge can move it along.
Meanwhile the TSLA mb was priceless today...you just can't make half that stuff up...well then again we have had some days here what with book writing, story telling, fund raising, totem pole listings, sec investigating & such.
What will we ever do for fun when this is settled?
Here's your answer...Go Spend it:)
More like Catfish blowing bubbles in a toilet bowl! Don't see how they could possibly make a full penny off this as it stands...what gives with that? Oh, wait a minute...they are just here for the "Entertainment"...but OH! Wait a minute that's all we have been getting for the last 3 years!
Geez I wish Charlie would get this thing put together...I mean really.
Hey, Hey, Hey Now;)
Just a tad too much red bull today...IF you are talkin bout me.Lol
I think on the east coast it is dinner time...that's when the "shift whistle" goes off. I think we are just thankful (all of us) that one way or another this has to have an ending soon...so I choose to stay positive until they show us otherwise.
Time for your nap? Lol!
Chuck, checking out your stocks...TSLA on FIRE! hahaha
Today is still a good day...for buying...next week even better:)
You know we all here have this as our spec play and trade blue chips/functionally sound companies also. This one just happens to be a possible "Hold For Gold" type stock especially given the direction and future it could go in...so back down little man and "Enjoy" the ride as you guys like to say:)
Yes Monday should be interesting IF it opens for trading...Thanks & Maybe some Giving:)
These things don't just "Happen" they are orchestrated when it comes to our Stock Market.