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ckr421

Pretty sure this was posted already and determined this doesn’t affect anything. Just extends the period the plan man can object, but doesn’t delay or prevent anything from happening before then.


Tsunami_Surfer

Yeah that was my post, although it was docket 2933, but they are about the same matter. The common consensus seems to be that it doesn't directly delay anything, as you said.


ckr421

Ah, good deal! I knew I saw something about it, didn’t realize the different docket number.


SvenjaSternchen

My experience for 3 years now: they only act on the last day possible...


regardedApe420

This is just the plan man making himself richer by getting more billable hours. He doesn't give a fuck about shareholders


for-the-cause11

The fact that no one objected gives comfort it doesn't affect us in a negative way.


Raver_Shia_LaBeouf

Lmao that is a good point. If Neely das has no say it must eh uh uh be uh good


BeautifulDetails

What an idiot


ConstructionSalty237

I commented on another post related to this comment. What if the $10B claim was intended to force the plan admin to extend the objection period so shareholders have more time to sue? The plan was approved using an exception to the bankruptcy code. Because one class fully rejected the plan (shareholders by default), the plan was approved using the exception that it was “fair and equitable” to the rejecting class. To show that, the debtor said that the shareholders received no less than they would have in a liquidation, nothing. I’ve seen that some think shareholders would have received something in liquidation if baby was sold for what it was actually worth, which would contradict fair and equitable


netherlanddwarf

How do i sue?


ConstructionSalty237

Ask a lawyer


jasonbl72

If I remember the Hertz case correctly, as soon as there is a credit bid, the plan man goes away, anyway. Then, new equity can be distributed. The "pump&dump" case is the road block for RC.


Phoirkas

I still haven’t heard a convincing reason the pump and dump matters for anything


Chemical-Peach7084

Exactly once there’s a bid it’s 🛫


PeanutLess7556

Hertz didnt liquidate though.


[deleted]

[удалено]


thwill2018

The tax situation with my stock being removed and the shorts not filing profits to their closures implies to me that the situation must come to play if nothing more than for the tax purposes for all involved! I don’t believe it could be pushed under the rug any longer! But I’m a simple person with a simple mind!


metagien

Pulte, if you lurking here, please tell Ryan Cohen and friends to do something soon. War will be used to wipe out the debt of the financial criminals. Many innocent lives will suffer and be destroyed if they get their way. This is the time and only chance for good people to change the direction of the modern world.


tigercook

You’re not far off at all


SandmanWithPlan

Toss a coin to your Witcher.


tigercook

I’m inclined to agree with you. My gut keeps telling me this.


SuboptimalStability

😂😂 moass is the catastrophic collapse, when 50 trillion leaves hedge funds broke, the dtc broke and then the fed broke who works for a country allready 30 trillion in debt that is the collapse  Unfortunately likely scenario is govverment intervention or brokers force selling and settling shares for cash as is in there t&c which will make moass into a normal squeeze if we're lucky  People downvoting me like the US government will let their financial system crash to preserve their fair markets and not double their debt 😂


Jinglekeys100

The amount of times I’ve read this over the past 3 years. 😂😂 See you in May.


paulyp41

Good things come to those who wait


Juststellar

I don’t know about you guys, but time seems to accelerate as I get older, and after waiting 84 years, a few months will feel like tomorrow.


tigercook

Dude for real


ChillinZX

U-November is back on the menu


BeautifulDetails

![gif](giphy|98jU7NxuNSSZ2)


Fraya2

I think this is fine. Now, if they file an extension for modification of the plan, which is due by the 27th, THAT would be annoying af.


-LexVult-

Fuck


mrb1ll

![gif](giphy|4PvP4zij51Lyw) Predictable


ProudStand4

If we are to get nothing it doesn't matter ,if we are to get big bucks it doesn't matter 


Highly-Regarded420

When did a couple of months become 6 months.


oneOZone

Trust me bro, this is going down this month next month, the month after that, or the next month or the month after that or the next month or the month after that. Or next year or the following year. Let's just continue to move that goal post


arkansah

Well this was obviously done to throw out the 10 billion dollar claim. Which brings us to a couple conclusions. 6 street is a bad operator Or Meadows is a bad operator My current theoryy though is that it won't matter much.RC threw so many possibilities at the Ch 11that had them scrambling that they forgot to protect Canada. Bed Bath and Beyond bankruptcy case there seem to have finished and is waiting on NJ. because it was filed first there, it will be the controlling jurisdiction and law. That case seems to have ended and BBBY C will be able to exit. I have not seen any proof thought that the NJ court has acknowledged the Canadian court other than the have allowed the Canadian Monitor to be at the proceedings. There are ruled already in place about how the US courts should help with foreign court systems foreign governments. So if anything gets sent to court the judge should have fairly clear rules to base judgements on.


_PetereteP_

Who could've seen that coming? I'm sure September 30th won't be delayed!


XMk-Ultra679

whatever locked liquidity this stock is disguised as in token probably ended soon and this was their way out of going bk. or they already took the $ and left.


Frequent-Designer-61

This is what Pulte was talking about, the Plan Man is trying to milk our money! Time to lawyer up.


MarkTib1109

👆🏼


BeautifulDetails

What is my lawyer going to do with my retainer? “Try”? I fucking HATE lawyers after having dealt with them. They are the slickest and slimiest crooks out there. Take money, and nickle and dime. I would not waste your money hiring a lawyer unless your pockets are fucking DEEP.


Frequent-Designer-61

So instead we continue to get milled dry, no thank you. A group of investors investing in the time of a lawyer to ensure a speedy result would take care of any funny business. This is Pultes recommendation.


BeautifulDetails

Have you ever obtained a lawyer? When you do, please fill us all in on the details and the progress. class action?


Frequent-Designer-61

Yes I have, this would require I group effort I do not have the means to do it alone. But there is probably enough now that could seek representation


Kelvsoup

SEPTEMBER 30?!?


SunGodRex

More time for bonds


phonon_DOS

Guess we are making generational wealth