Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

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Comment by inventorson Jun 03, 2014 10:53am

RE:RE:Any experience with liquidation trust ?

The only way to get back to normal...find a larger fish...sharks..mobydick...lol.

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Comment by RonJadleron May 30, 2014 9:10am

RE:Any experience with liquidation trust ?

The liquidation trust info request is time sensitive.. please respond to Fullblast asap.

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Post by Fullblaston May 30, 2014 9:08am

Any experience with liquidation trust ?

Work proceeds on the matters discussed earlier as we transition to phase two of this operation. A quick request: Anyone who has experience working with liquidation trusts, please email me. We' ...more

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Comment by Fullblaston May 21, 2014 9:25pm

RE:RE:Important News - Must read

Pennywyse, as usual, it's not too safe to discuss strategy here, but let us assure you that the litigation trust will be looking at ALL options.

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Comment by pennywyse2on May 21, 2014 11:32am

RE:Important News - Must read

Thanks for the update. I hope that in addition to the Directors and Officers, the Trust will consider action against the Auditors PWC, investment brokers who promoted the stock (eg Jennings Capital ...more

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Post by Fullblaston May 20, 2014 6:30pm

Important News - Must read

We have heard some details from the EC. There were two possibilities: 1) A valuable company was being taken cheaply from us for resale at a markup, or 2) The value of the company had been massively ...more

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Comment by pennywyse2on May 20, 2014 12:08pm

RE:Developments

Thanks for the heads up. I have skimmed through the 500+ pages of docket 368 and learned that 1) Credit Suisse now has partners, other financial institutions (existing syndicate lenders?) and ...more

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Post by Fullblaston May 19, 2014 7:56pm

Developments

Please stand-by and check back for some imminent developments. Meanwhile, read docket 368. https://cases.primeclerk.com/tuscany/Home-DocketInfo

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Comment by rivergreenon May 16, 2014 10:49pm

RE:RE:RE:Credit Suisse won

I agree 100%, PW2, I said that long ago, as well as a possible Criminal investigation!!

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Comment by pennywyse2on May 16, 2014 2:38am

RE:RE:Credit Suisse won

Your counsel is raising alot of procedural issues as to how the auction was conducted, but the fact remains that there were very few bids. TID has been in play for about a year now. The land rig ...more

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Comment by Fullblaston May 15, 2014 7:04pm

RE:Credit Suisse won

The Equity Committee is on a very tight embargo. More details to come.

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Post by pennywyse2on May 14, 2014 2:52am

Credit Suisse won

Auction ended. No bids for entire company. Some bids for pieces. One bid for Brazilian assets being evaluated. Credit Suisse will either take entire company or it will be split with outside bidder ...more

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Post by Fullblaston May 01, 2014 8:33pm

New Update

The month of May will be decisive. In a month from now, the Tuscany saga will likely be behind us. Events will go up and down and the one thing that we have learned over the past few months is that ...more

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