Kodak Lands $765 Million U.S. Loan in Start of Medical Supply Chain Fix

[ironchef]

If you do, I'd very nimble.

Below is a daily of Riot Blockchain back in Sept. 2017. ($RIOT)

I'd look at those candles real well. I'm not saying its going to play out exactly like that, but it might come close. It won't be a straight drop that's for sure.

For reference the flatlines on each side are (about) $4. The top is about $46. I have the Y axis set to linear scale for this one so you can see the action from the perspective of how it happens day to day.

View attachment 236518

Thanks.

 

[Cuddles]

Ted Suhl, a manager at Southeastern Asset Management, the largest shareholder of KODK with 55.3% ownership of stock (convertible bonds and pfd) had his bribery prison sentence commuted by Trump last year. This week Kodak stock up 2,189% after Trump backs pivot into drug industry

Eastman Kodak on Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an ‘understanding’ with its board that had previously neither been listed in his employment contract nor made public,” CNBC reports.

“One day later, the administration of President Trump announced a $765 million financing deal with Eastman Kodak, and in the days that followed the stock soared, making those additional options now held by executive chairman Jim Continenza worth tens of millions.”

 

[Banjo]

Kodak Granted Chairman 1.75 Million Options The Day Before Trump's $765 Million Loan To Company

https://www.zerohedge.com/political...n-options-day-trumps-765-million-loan-company

 

[dealmaker]

"

https://twitter.com/x/status/1290632135959875584

"

 

[Cuddles]

"

https://twitter.com/x/status/1290632135959875584

"

SEC response:

 

[Cuddles]

SEC response:

nevermind how they secured the deal

https://www.cnbc.com/2020/08/04/kod...ver-disclosure-of-us-drug-producing-deal.html
Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal

• The SEC is looking into Eastman Kodak’s disclosure about getting awarded a $765 million loan from the U.S. government to start producing drug ingredients, the Wall Street Journal reported.
• On July 27, a day before Kodak as well as President Donald Trump announced the deal, shares of the film pioneer soared nearly 25% with trading volumes far exceeding those in previous sessions.
• The SEC’s probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter.

 

[JSOP]

The company invented the digital camera in 1975 but failed to capitalize on it, and filed for bankruptcy in 2012.

Just shows how much vision that this company has. They literally invented a money tree and threw it away and instead drove itself to bankruptcy. But that company is one tough old resilient company. It's one of the longest surviving bankrupt company that I have ever known. When a company declares bankruptcy it usually goes under and ceases to exist but not anymore. Now it can still kick around for almost ten years to get handouts from the government aka taxpayers to go into a line of business that is completely different from its previous one.

Amazing!

 

[vanzandt]

nevermind how they secured the deal

https://www.cnbc.com/2020/08/04/kod...ver-disclosure-of-us-drug-producing-deal.html
Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal

• The SEC is looking into Eastman Kodak’s disclosure about getting awarded a $765 million loan from the U.S. government to start producing drug ingredients, the Wall Street Journal reported.
• On July 27, a day before Kodak as well as President Donald Trump announced the deal, shares of the film pioneer soared nearly 25% with trading volumes far exceeding those in previous sessions.
• The SEC’s probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter.

July 29th:

I'm gonna do the @murray t turtle here
%%%%%
Someone is going to jail on this one.
"Not a prediction".

You guys need to look at things before the "news".
The volumes. (hint)
If the SEC has a pulse.... someone is going to jail.

 

[Pekelo]

It's one of the longest surviving bankrupt company that I have ever known.

I bet they have a secret government military order going on. According to reddit they used to have 90% enriched Uranium and you get on the watch list as a country if you make 15-20%.

https://www.cnn.com/2012/05/15/us/new-york-kodak-uranium/index.html

"According to a spokesman for the Nuclear Regulatory Commission, Kodak's uranium was highly enriched -- to a level approaching 93.4%. That is the type of weapons-grade material that U.S. government agencies are trying to prevent terrorists from getting their hands on. "

 

[JSOP]

I bet they have a secret government military order going on. According to reddit they used to have 90% enriched Uranium and you get on the watch list as a country if you make 15-20%.

https://www.cnn.com/2012/05/15/us/new-york-kodak-uranium/index.html

"According to a spokesman for the Nuclear Regulatory Commission, Kodak's uranium was highly enriched -- to a level approaching 93.4%. That is the type of weapons-grade material that U.S. government agencies are trying to prevent terrorists from getting their hands on. "

How? Just by making camera films? This might be probably why they never bothered to materialize on the digital camera that they invented because that would stop them from harvesting uranium?