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BB LIQUIDATING INC. Message Board

tazmaster1965 21 posts  |  Last Activity: Sep 16, 2014 5:28 PM Member since: Jun 22, 2010
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  • Reply to

    Perfect Timing

    by tazmaster1965 Sep 16, 2014 11:24 AM
    tazmaster1965 tazmaster1965 Sep 16, 2014 5:28 PM Flag

    Wrong! That trust had $260 million. The studios were owed less than 100 million. What happened to the rest of the money?

  • Reply to

    Perfect Timing

    by tazmaster1965 Sep 16, 2014 11:24 AM
    tazmaster1965 tazmaster1965 Sep 16, 2014 2:59 PM Flag

    6 out of how many?

  • Reply to

    Perfect Timing

    by tazmaster1965 Sep 16, 2014 11:24 AM
    tazmaster1965 tazmaster1965 Sep 16, 2014 12:44 PM Flag

    A penny stock trading on the OTC exchanges carry inherent risks. Knowledgable investors knew the risk with Blockbuster but yet it was still necessary to halt the stock and publish articles about it. It is unheard of a penny stock to be halted. It tells me that an agenda was in place to dissuade other outside investors from participating in the shares. For the most part it has worked. The only thing is the insiders don't control all the shares.

  • tazmaster1965 by tazmaster1965 Sep 16, 2014 11:24 AM Flag

    Get the shares down below 1 penny before the trustee gives his reason for a dismissal of the case to the judge. The trustee's actions from the past week suggests that the case is ready to be resolved. Limiting the scope of the bar date is to expedite the resolution of the case. There will be the bashers lament that the shares will get dissolved. They can't be further from the truth. Those NOL's are of vital importance to the future of Blockbuster. The senior debt holders who control the bankruptcy will not allow those NOL's to dissapear. I almost forgot, the Canadian trust still exists.

  • Reply to

    PCAOBUS

    by tazmaster1965 Sep 8, 2014 9:59 PM
    tazmaster1965 tazmaster1965 Sep 9, 2014 10:48 AM Flag

    Bulltrade, Dish seems to be very discreet about the shareholder meeting. The date came across during the earnings call when an analyst wondered why a shareholder meeting had not been scheduled. It was not posted on Dish's website. Where is the proxy? Dish is keeping this shareholder meeting under wraps for a reason. Any merger vote requires a lead time to send the proxy before the event. I do not see any proxy as of yet.

  • tazmaster1965 by tazmaster1965 Sep 8, 2014 9:59 PM Flag

    As of August 25th 2014, note that Blockbuster Inc. not Blockbuster Liquidating Inc. is listed as the issuer. Any public traded company listed on the PCAOBUS board must pay a issuer accounting fee greater than 0. Further, ALL companies listed on the board had average monthly equity market cap during the preceding calendar year of GREATER than 75 million based on all classes of common equity. Why do I point this out? Just further confirmation of the amount of deception that has occurred throughout this bankruptcy.

  • Reply to

    the simplest way

    by jerrynewburger Sep 6, 2014 9:35 AM
    tazmaster1965 tazmaster1965 Sep 6, 2014 4:07 PM Flag

    This scenario of the senior debt being negotiated contains a high probability of occurring. October 1st is the date that this scenario may come to fruition. The case being dismissed remains a high probability and makes the exit clean and efficient. The Oct 31st shareholder meeting by Dish was delayed to give the debtors(Blockbuster Inc.) time to negotiate the notes and make a request to the judge for a dismissal of the case, and conversely merge the shell into Dish Digital. I feel very strongly that this timeline will be followed.

  • Reply to

    Trustee: Nothing for 2012s.

    by buffett1973 Sep 1, 2014 4:20 PM
    tazmaster1965 tazmaster1965 Sep 2, 2014 11:43 AM Flag

    Only part of it was for the studios. Less than 100 million. Good try though. Not quite as incompetent as Carl but a bottom feeder nonetheless.

  • Reply to

    Trustee: Nothing for 2012s.

    by buffett1973 Sep 1, 2014 4:20 PM
    tazmaster1965 tazmaster1965 Sep 2, 2014 11:25 AM Flag

    Fred, you so nonchalantly omit the Canadian Trust. Money that is pretty much in escrow until the bankruptcy case is dismissed. Keep on deceiving and distorting. I for one know what is going on. Keep on blabbering. Such a useless fellow.

  • Reply to

    Trustee: Nothing for 2012s.

    by buffett1973 Sep 1, 2014 4:20 PM
    tazmaster1965 tazmaster1965 Sep 1, 2014 9:05 PM Flag

    Buffett, you have never been more wrong. Do I need to remind you that the trustee as well as Cooley are under strict orders to follow the confidentiality rules. Be careful what you say that may misconstrue the actual facts.

  • Reply to

    Dish shareholder meeting date?

    by chuckwagonttu Aug 21, 2014 12:03 PM
    tazmaster1965 tazmaster1965 Aug 21, 2014 6:02 PM Flag

    Chuck, it was on their earnings call. It was the first question asked by the analyst.

  • Reply to

    Buying Over 1,000,000 Shares

    by green_opts Aug 19, 2014 10:11 AM
    tazmaster1965 tazmaster1965 Aug 21, 2014 4:06 PM Flag

    Bull trade, I disagree. Let's see what happens with the senior bonds. They expire on October 1. I assume that the insiders would like to get this company out of bankruptcy with very little debt. Let's see if they renew the bonds to 2015. I suspect a merger of Dish and ? before the shareholder meeting.

  • Reply to

    Buying Over 1,000,000 Shares

    by green_opts Aug 19, 2014 10:11 AM
    tazmaster1965 tazmaster1965 Aug 21, 2014 11:26 AM Flag

    Stonem, Green Opts is as bad as the bashers. Promoting his own self-ego for the sake of attention. What happened to the PR? This board is as bad as it has ever been.

  • Reply to

    Softbank Buys Dish?

    by green_opts Aug 8, 2014 10:14 AM
    tazmaster1965 tazmaster1965 Aug 8, 2014 11:47 AM Flag

    Chuck, Dish finally scheduled their shareholder meeting for October 30. Any transaction as you surmised would require a shareholder vote. Will we see a deal being made before then. That is the million dollar question.

  • tazmaster1965 by tazmaster1965 Aug 5, 2014 11:35 AM Flag

    Keep an eye out on the expiration date. Either a renewal to Sept 2015 or the more likely scenario that they get paid. Hint... Outerwall. A renewal to Sept 2015 means we remain in limbo for another year. I gather that won't happen.

  • Reply to

    LS2 DIP Facility

    by chuckwagonttu Jul 24, 2014 5:41 PM
    tazmaster1965 tazmaster1965 Jul 24, 2014 6:54 PM Flag

    You read it correctly. Who knows if there will be another amended order to push the DIP financing further.

  • Reply to

    l2 has a plan - ergen

    by jerrynewburger Jun 27, 2014 6:51 PM
    tazmaster1965 tazmaster1965 Jun 27, 2014 7:43 PM Flag

    The judge says that the deal among all creditors minus Ergen is confirmable. Additionally, Ergen's actions during mediation was somewhat bizarre, and more importantly wasting the mediators plan. Looks like Ergen lost out. Doesn't mean a thing. Like I mentioned earlier, this has been a diversion. Someone big is involved with Dish. We will know soon enough.

  • tazmaster1965 by tazmaster1965 Jun 25, 2014 11:10 AM Flag

    Typically, chapter 7 bankruptcies last 3 months. With no assets, revenue or anything of consequence, this bankruptcy continues on with the 1 year duration approaching. Ask yourself what is taking so long? Judges don't like their courts being taken up by simple cases as this. Unless, judges see a reorganization taking place. Judge Lifland saw that in 2012. Unfortunately he is not around to see the completion.

  • Reply to

    LS2 DIP Extension

    by chuckwagonttu Jun 24, 2014 11:14 AM
    tazmaster1965 tazmaster1965 Jun 24, 2014 11:26 AM Flag

    No end in sight. People who expected some Fourth of July fireworks will be sorely disappointed.

  • Reply to

    Doc #2942

    by iam.vulpine Mar 31, 2014 4:24 PM
    tazmaster1965 tazmaster1965 Jun 19, 2014 10:44 PM Flag

    I would think that would be a separate hearing. Nothing to do with today's hearing. Should be coming any day now.

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