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

Bullboard (TSX:TID)

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Comment by khaledbon Feb 02, 2014 6:47pm

RE:RE:RE:Tuscany International Files Bankruptcy on Low Rig Use

our shares are worthless now? What means ...........''The Calgary-based company listed assets and debt of as much as $500 million each in Chapter 11 papers'' .................why 500 ...more  
Comment by doggonemadon Feb 02, 2014 6:45pm

RE:RE:RE:Tuscany International Files Bankruptcy on Low Rig Use

I have never been through something like this.  Can anybody out there tell me how this proceeds and if I am SOL?
Post by Fullblaston Feb 02, 2014 6:45pm

Web site ?

Still nothing on the website, strange. So many questions need to be answered, like doggonemad mentionned.
Comment by doggonemadon Feb 02, 2014 6:40pm

RE:RE:Tuscany International Files Bankruptcy on Low Rig Use

I don't know why we are being kept in the dark.  We were suppose to have recieved $18MM a couple of weeks ago fro the sale of the Colombian rigs.  Also, $6.5 from PetroAmazonas.   ...more  
Comment by khaledbon Feb 02, 2014 6:35pm

RE:Tuscany International Files Bankruptcy on Low Rig Use

We are in now.... any thoughts what will really happen from now ?
Post by CDNOilon Feb 02, 2014 6:23pm

Tuscany International Files Bankruptcy on Low Rig Use

Tuscany International Drilling Inc., (TID) a Canadian oil-field services company that operates in South America, sought U.S. bankruptcy court protection from creditors, citing heavy competition and ...more  
Comment by sailpgdon Feb 02, 2014 5:44pm

RE:What now?

Not great but now we have to wait to see if we get wiped out in bankruptcy court. This could go either way. 
Post by Getinon Feb 02, 2014 5:36pm

What now?

Not the news i was hoping for. Now for the News relase to see what's next... News
Comment by khaledbon Feb 02, 2014 2:44pm

RE:RE:RE:RE:RE:RE:RE:RE:Chapter 11 or 15?

strange that some guys in this board know who is running TID and that Walter went to Phenix but they don't know what is going on and what is the next PR.
Comment by JustforFun7on Feb 02, 2014 12:04pm

RE:RE:RE:RE:RE:RE:RE:Chapter 11 or 15?

Your wound way too tight bud.  Time to lighten your position.  JFF7
Post by Oldfloortraderon Feb 02, 2014 11:57am

halt

OMG  they will wait til see what happens Feb3
Comment by doggonemadon Feb 02, 2014 10:58am

RE:RE:RE:RE:RE:RE:Chapter 11 or 15?

anybody out there?  I am having a hard time understanding this.  TSX halts the stock on Friday morning!  They still have not made an announcement.  Don't understand the hold ...more  
Comment by RonJadleron Feb 01, 2014 4:52pm

RE:RE:RE:RE:RE:Chapter 11 or 15?

The board members have to resign upon NOD?  What planet do you practice law on?! some interesting opinions being stated as fact.. 
Comment by pennywyse2on Feb 01, 2014 4:01pm

RE:RE:RE:RE:RE:RE:Chapter 11 or 15?

I think that once a company files for protection any outstanding debt at that time (secured, preferential or unsecured) is stayed (frozen) and can only be satisfied under whatever terms are eventually ...more  
Comment by Poppson Feb 01, 2014 3:43pm

RE:heli rigs

Hope you're both right.   (unrelated to any rumors, etc)  I have a buy order in for 300k in case it dips a bit when it opens.   Great Luck to ALL.   Popps
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