No doubt commons are worthless and will be Wiped Out !
It's finished !
As Jan 29 was the deadline for bid submission, no more !
in talks and the possible bid prices, so they dumped.
All Commons are worthless and will be Wiped out by Feb 10, as even the creditors will be only PARTIALLY repaid. Commons will get Nothing at all.
DNDN will not exist anymore.
DNDNQ is a Big loser as it has $750 Million debts, while the bid is only $296 m, short of $450 Million, even the creditors will only be partially repaid. Commons get Nothing at all.
the deal is done then.
Bagholders, just keep your worthless paper as souvenir.
Bagholders, just keep your worthless shares as souvenir after the shares are Wiped OUT !
Valeant Pharmaceuticals (VRX - Get Report) announced late Thursday a tentative deal to acquire the assets of Dendreon -- mostly its prostate-cancer vaccine Provenge and manufacturing facilities -- for $296 million in cash.
Dendreon filed for Chapter 11 bankruptcy protection in November because Provenge sales of around $300 million annually were not sufficient to generate profits or repay $620 million in convertible debt due next year. The bankruptcy wiped out Dendreon's equity shareholders. If the Valeant deal goes through, even Dendreon's creditors will be only partially repaid.
DNDNQ will be shut Down, Forever!
Keep your DNDNQ paper as souvenirs if you like.
the deal talk has been actually going on before and DNDN knows it only 1 company is interested in it and its offer.
Since the company has warning many times, that has told : Don't blame anybody if you lose everything when the Shares are Cancelled.
will be Cancelled and Wiped out by Feb 10 when the deal is done, as said.
You'll lose all, then!
If VRX buys its Provenge Rights worldwide, DNDNQ has nothing left and will be shut down.
The pumpers know it and are worrying very much that all the shares are going to be Cancelled and Wiped out before they can sell to some naives!
The Common Shares are worthless Nothing at all, and will be Cancelled and Wiped Out totally as the company has repeatedly stated many times. LOL!
The pumpers going to lose everything!!!
DNDNQ, share cancellation coming fast and shortly than you expected.
Are you blind or Moron? it's going Bankruptcy, definitely!
CDVI has accumulated Huge debts and Never made a penny.
Go read the pr, boy. Bankruptcy coming shortly! It's finished!
Wow! another no-brain pumper! You buying their 1 penny shares, then it's going to Zero when suspended, LOL!
Oil-and-gas contractor Cal Dive International Inc. is preparing for a potential Chapter 11 bankruptcy filing that could come as soon as the next few weeks, people familiar with the matter said, as the oil-price rout exacerbates the company’s business challenges.
This company has Never made a penny but just accumulated Huge Debts and Losses. It's finished totally!
their worthless shares, CDVI filing bankruptcy shortly.
It's Never made a penny but has huge Debts.
Right! APPY is totally finished. It's tried so many times, but Failed in the end. Bankruptcy coming.
You'll lose all.