Member Info for maidit308

up on KLL website, filed yesterday'' a very good worded read

one can only hope the judge take all these discord group letters
into consideration and grant the request

GLA

ATB

strange there has not been a single outcry to this theft, in any news channel
or press on our behalf, considering this is a large UK CO with thousands
of UK retail shareholders and pension funds that still own shares?

unless they have all been paid off'' to keep quiet FK knows''

BTW

SORRY JOHN'' it was not me, maidit did not post that he bought more shares last week
to average down, if you can find that post i would be grateful''

but you really do sound like you are posting on CINE BB
on the lenders behalf M8, I mean what other reason would
a person of reasonable intelligence have, to constantly post on
a stock they no longer hold ? it's a no brainer'' as 99% of investors
that sell out of a stock, tend not to post again ever, and normally
spend there time & thoughts, posting on stock they do own.

question we need answering , is what make the lenders give up 16% of the new CO from the 27%
they had, to small stake holders in this new deal ? what did the Judge see to award over half
of the preferred lenders cut to the unsecured ?

#anyway I wonder why there was so many large buys today considering
we are expected to go to zero, or is it just the lenders grabbing anything going begging LOL!!
WITH ONLY 11% NOW'' they must be getting desperate for more votes in the new CO

see how it plays out, and if we get more press'' or on KLL website

ATB

if it's that easy to take 16% back from the lenders, and give it to smaller
disgruntled stake holders, now that they have been caught out by the Judge
it's entirely possible for small equity holders to get 7% of that 16% that we don't know
as yet how it's going to be shared out ?

there is still hope up to JUNE

ATB

breaking news on sky that Barclay AGM have been disrupted by protesters
this morning Hmmmmm one of the lenders, I wonder if it's some of our boys involved ?
3000 disgruntled shareholders that refuse to lye down and not be heard LOL!!

still here you CNTS'' what else you got''

it was never reveled MW'' it was just swept under the carpet
because they saw an easier way, and it was to take small shareholders equity
by not given them a voice at the General meeting

anyway'' 0.9% down ATM

as we wait to see what HGW and the discord group got to revile
and what they are excited about

Under Cineworld's earlier proposal, a majority faction of lenders, which includes Blackstone Alternative Credit Advisors, Carlyle Investment Management and Sixth Street Partners, would have received 27% of the company's new equity shares simply for agreeing to support the exit financing package that they themselves engineered, according to the objecting lenders.

The settlement reduces the backstop premium to 11% of the new equity shares, providing the minority lenders with about $38.5 million in additional value,

SO IF LENDERS % IS REDUCE FROM 27% TO 11%

IS THERE SOMETHING COMING AT SOME POINT AS THE STORY UNFOLD, FOR SHAREHOLDERS

who gets that 16% left over that's the question ???

we will see

GLA

SRY for the confusion PZ that post was meant for MAST BB
but as you guys was discussing MAST it really didn't make
any diff where i post it as we both need funding and still have a great chance of recovery

if MAST get the financing it need from CB ANYTIME SOON then KIBO SP should also respond
positively

and as LC don't seems to be going anywhere anytime soon we will just have to put up with him
and see what he come up with to stop the rot in the weeks and months ahead
Regards

that risk statement is standard JOHN on every CO with SP under 1p and this low on
the stock market, to warn investors that there is always a risk,

but lets see how things unfold as the payment to creditors in shares come to an end
and a new business is born with a prospectus

no need to kick the chair away yet THO LOL!! just don't be greedy envest what you can afford to lose
and see what happen

£70 worth is enough for a LT punt''

alternatively put in on a horse at Epsom downs red or black

nice little reminder there CHAD'' that the new GAS sales contract start in may''
and as we are now in May, we can assume Martin is getting ready to turn the tap back on
shortly

there is no reason why we should not get an update this week
on expected cash injection, and stability there after now that LO
seems to have gone

thanks Patience looking forward to it

regards

I don't know how long they can afford to hold this back from smashing out''
and why we are even down ? there don't seems to be any big sellers about,
unless MM is waiting on one final sell from LO FK knows ?

morning all, a little heads up'' just seen more letter to the Judge up on KLL website
just now'' from Representative of 300 shareholders ? good read''

we are not alone

ATB

off and on topic'' but just goes to show how quickly the money mans can sort things out
if they want to, JP Morgan bought out First Republic yesterday before the Market open
to soften the blow to banking stock, on there losses of $100b, you would have to have billions
of $ in pocket change to be able to move that fast LOL!!

anyway CQ USA is on the move up ATM if it helps any''
and I'm thinking CINE could well do with a white knight like JPM right now''
so we can tell opportunistic lenders to FK off

looking forward to tomorrow trading

GLA

i still believe this little funding set back will be sorted out shortly
and finance will be in place to get us back on track and back to sensible levels

see what transpires before the end of the week

IT IS WHAT IT IS

ATB

RE: Shareholders get shafted on bankruptcy proceedings everyday

yes TEG they do'' with the CO that goes skint and have to close down operation never to return
but the one that's still trading and still raking in billions, and is expected to exit C11
intact they don't

can you show me one, that is still trading'' in C11 and after exiting C11
and reorganization there shareholders are left out in the cold with useless shares
only to sit and watch SP go back to £10 under a new name in the future

most of the ones you are talking about someone buy the listing and the name for £1
and that's the only reason shareholders would be left with nothing, and we get that''

but we are talking about $4.5B effectively for the existing equity here NOT £1

there is no reason why S/H should get nothing with a deal of that magnitude
and there is no reason why the person looking after shareholders interest
should get 7.5% if they are holding the same equity like us

just doesn't make any sense at all

and it must come out in the wash at some point

yes TEG'' thousands of pages of legal documents,
that would take a normal person at least 3 years to begin to understand
what it all means and why they think we don't deserve to get anything for our shares ?

thousands of pages of legal documents, INDEED'' and still no explanation
in there anywhere, as to why they don't think our stock is legal tender ?
and we can be written off to the Judge by saying''

in light of the level of existing debt that is to be released under the plan
the proposed restructuring does not provide for any recovery of existing
equity interest

all i can see is that CINE will save $4.5b, everything they owe there lenders
if they throw us under the bus, and it's perfectly LEGAL'' if they can pretend we are not there LOL!!

and why would they be interested in selling ROW or any bits or part of the business
to clear that $4.5b debt if they think they can get away with it with thousand of pages
of wrangling and come out smelling of roses..

but i still think there will still be a sensible outcome, if the plan is rejected
in the UK / if it pass USA, on the bases that S / H of the 1.3b legal existing equity was not properly
represented at the GM or had a voice, considering we own nearly half of the CO legally ATM

200K + retail S/H with no voice is not a good look for any court anywhere in the world
and they will never get away with it,keep trading and welcoming customer and taking our money
no matter how long it takes, and I'm sure there will be a lot of social media post to disrupt
operation at every CINEWORLD as we speak, if they don't change there mind pretty soon

just my weekend wrangling, but the truth is in there somewhere

Regards

should be imminent, if the date given in that half year report was the 28th of APRIL
and let's say middle of MAY TO JUNE, before we start to see some positive
regular news, but until then we will certainly see more up down sideways SP movement
until it settle

''because, final payments of £65,000 shall be made in April at which time the Company can begin the process of issuing as scheduled. A final payment of £15,000 is due under the CVA on 28 April 2023 at which time the Company can begin the process of issuing the 1,674,130,609 shares to the unsecured creditors thereby meeting all its obligations under the CVA, and the CVA will then be closed.

so we are still waiting on 1.6b shares to hit the Market, and when that's cleared
fire works will start, prospectus the lot, until then all we can do is be patient

ATB

good weekend

the latest from KLL'' Cineworld just filed a witness list for the plan @ 4pm

X2 witnesses STEVE & JAMES ? sound about right for these cowboy outfit

anyway i zoom in to the shareholders bit''

“Shareholder Meeting” means a general meeting convened in accordance with the
Companies Act 2006 (United Kingdom), Cineworld Parent’s articles of association, and any other
applicable rules and legislation, obtaining consent from Cineworld Parent’s shareholders for any
aspects of the Restructuring Transactions that may require Cineworld Parent’s shareholders’
consent

and what i see is yes they did call a GENERAL MEETING, to satisfy the ACT

but we was not given a choice in this plan and certainly did not CONSENT
to the capital raising party canceling our equity starting a new one, and give us nothing

i hope the UK COURT have a good look at that FAKE GM to see if we was given a voice at all
in this restructuring agreement

good weekend