Do you think they'll limit & censor questions? I wasn't on the last one, so I'm not familiar on how they run them. I'd expect tough questions if they allow people to be "transparent" using their keyword. Dare to disrupt
8 replies (most recent on top)
When was the last time live questions were allowed? It's all filtered Q&A. If they don't want to answer it, it won't go on the air.
I think most are looking at this wrong. The reaction in the stock market today shows Wall Street has no confidence. if a venture capital firm offered $10/share and assumption of $20M debt, it would be a no brainer to sell. My sense is Kate and Chris are looking on how they personally profit by unloading LUMN. Don't believe for a second they intend for it survive. On the investor call Chris acknowledged Quantum was on the chopping block. It's just a matter of time
Is there any realistic path to avoid Chapter 11?
Nope. It's just a matter of time before the overwhelming debt load forces a bankruptcy.
Is there any realistic path to avoid Chapter 11?
Imo just delayed, so more property and assets can be sold for parachutes. But after the trading today, what they thought bought them an extended window doesn't look promising. If we don't get short squeezed like the meme companies did, they'll probably still chapter 11 in late 24 early 25
"We are well funded thru 2027" will likely be heard from Stansberry ... and maybe a few "the change of bankruptcy is extremely low" thrown in.
Maybe some heart felt comments from Kate about how hard it was to let go of FAMILY but this is what tough vulnerable leaders have to do.
Anyone believe this still?
However they spin it, the market doesn't lie ... and the stock price reflects that reality that the company is slowly imploding on itself and the future is dim at best.
Its fire sale time. We already donated the brand new headquarters. It will be time to sell quantum just as soon as it actually works. Unfortunately they cut corners everywhere, so that diminishes the value and ability to sell it.
The place operates with permanent organizational apartheid and managers continue to push their favorite divergent technologies and vendors as they always have, regardless of how inconsistent and screwed up the outcome is and has been.
Is there any realistic path to avoid Chapter 11?
Cherry kool-aid on ice
It will the usual song and dance, rah rah, buzzword laden bs.