In Doug's pocket

[Spock]

I guess we'll see how this pans out this week. I still have the ESOP shares from the '93 concession deal.

 

[NewHampshire Black Bears]

http://www.detnews.com/apps/pbcs.dll/artic...D=2007701130357

Little wonder, why they call the A$$ HOLE...Dougie STEALIN'

NH/BB's

 

[exnw]

http://www.detnews.com/apps/pbcs.dll/artic...D=2007701130357

Little wonder, why they call the A$$ HOLE...Dougie STEALIN'

NH/BB's

So now Dougie is referring to current current shareholders
as being the bottom of the food chain.

How can this idiot be a CEO of any corporation?

 

[Kev3188]

I guess we'll see how this pans out this week. I still have the ESOP shares from the '93 concession deal.

In the official company release on 12.Jan.07 to employees, it emphasized that the '93 stock was unaffected...

"Employees who hold the Series C preferred stock have a claim pending in the bankruptcy proceedings from litigation over this issue. The cancellation of the common and preferred stock referred to in the plan of reorganization does not impact the status of the litigation claim for the Series C preferred stock."

 

[robbedagain]

wondr if he can be compared to enron idiots? and if so how long before this stealing idiot is toast with nwa

 

[dc3fanatic]

So now Dougie is referring to current current shareholders
as being the bottom of the food chain.

How can this idiot be a CEO of any corporation?

They always are for a company in Bankruptcy. He's referring to the Delta shareholders.

 

[Don Smith]

They'll figure some way to weasel out of making that stock worth something. Leave it to Steenland and company to take it all.

 

[dc3fanatic]

They'll figure some way to weasel out of making that stock worth something. Leave it to Steenland and company to take it all.

You mean they will weasel out of making the stock in a bankrupt company worth something?

Seriously, who makes the stock in a bankrupt company worth hardly anything?

So you're predicting that the Delta stock holders will get about the same thing EVERY OTHER bankrupt company has given their stockholders? Where do I sign up to bet on that?

 

[Don Smith]

Read the other replies in this topic...the stock given employees in the 93 concession was preferred, not common. It was valued at $33 per share and was guaranteed to be paid in ten years. The company reneged on that promise and the employees are now one of the creditors. If all of the creditors are paid .50 on the dollar coming out of BK then I expect to get something for the piddly amount of stock that I couldn't sell when it was at $59 per share. The common stock that is being traded now on the exchange is going to be worthless.

You mean they will weasel out of making the stock in a bankrupt company worth something?

Seriously, who makes the stock in a bankrupt company worth hardly anything?

So you're predicting that the Delta stock holders will get about the same thing EVERY OTHER bankrupt company has given their stockholders? Where do I sign up to bet on that?