Looks imminent from the latest press release

CGG is 53% Weatherford is 52% According to https://www.macroaxis.com/

What does this mean? https://www.bloomberg.com/press-releases/2017-05-01/cgg-information-related-to-the-availability-of-the-document-de-r-f-rence-and-report-on-form-20-f-for-2016-j26n31fr

MONDAY APRIL 24TH Salary Review Process Has Now Been Finalized. Meeting Due On Monday To Tell Us All About It.

What's happening to all the CGG vessels that have been cold stacked??? Looks like there is little chance of business picking up.... will they just sell them or cancel lease..... surely just sitting there doing nothing is costing money????

Drove past Crompton Fields the other day there were caravans on the rubble in the annex car park Are the gypsies taking over as they could not be any worse than the current management? Is this what is going to be left of the Crawley operation and I... — read more 

Stock price also moved higher these days. Seems no sign for bankruptcy.

According to this analysis, there is 56% CGG will go bankruptcy. https://www.macroaxis.com/invest/ratio/CGG--Probability-Of-Bankruptcy Please find another job, if you are still working in CGG.

I drove by CGG Houston's office. There were still many cars parked outside the office. CGG's business is still going strong.

HR also changed and cleary showed no respect for staff and think they are the bees knees .What a shame

There are many oil industry stocks that I routinely check on. I notice that CGG stock has no activity for today. The stock price has yesterday's date listed. There is no news about why no activity is being posted for today.

What about fourth quarter 2016 results??

Does this snippet from last press release indicate if no loan restructuring agreement is made then loans will be in default ? What are the implications ? "The purpose of the Solicitation is to obtain the consent, at the requisite majority, of (i) the... — read more 

Does anybody know factually if any French have been laid off ?

The Calgary office was hit again this week. Some of the laid-off employees had decades of seniority. With the exception of specialty divisions like Hampson-Russell, I don't think the Calgary office has many weeks left before it's shut down... — read more 

Veritas and CGG Veritas concentrated on high end products with good margins CGG market share Merger skills Veritas personnel combined with CGG assets Unfortunately CGG insisted on thier people at the helm at the expense of losing Veritas skills That... — read more 

Check out this BBC documentary.... and CGG's demise will be easy to understand. The part of the documentary that address French bureaucracy will ring a lot of bells!... — read more 

French in all senior positions no diversity in talent

Rating Action: Moody's downgrades CGG CFR to Caa3 and PDR to Ca-PD. Outlook negative Global Credit Research - 17 Jan 2017 London, 17 January 2017 -- Moody's Investors Service, ("Moody's") has today downgraded the ratings of CGG SA ("CGG"), including... — read more 

Article (google translate recommended) http://www.optionfinance.fr/actualites/bourse/detail/cgg-standard-poors-degrade-a-ccc.html S&P Global Ratings Definitions https://www.standardandpoors.com/en_US/web/guest/article/-/view/sourceId/504352