Premier Exhibitions Inc (CE) (PRXIQ) 뉴스

For sure!

Finally nice volume great move

Yes, Key word Liquidation $$$

Just noticed this one. Looks like a name change?

Liquidation ....http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=PREMIEREXHIBITIONS%20P040001110360&aggregateId=domp-p04000111036-c4879c0c-acab-40e1-8043-03530383d171&searchTerm=Premier%20Exhibitions%2C%20Inc.&listNameOrder=PREMIEREXHIBITIONS%20P040001110360

THE COMPANY THAT EXCAVATED THE TITANIC WRECKAGE OUT OF BANKRUPTCY
Apollo, Alta Fundamental Advisers, and PacBridge Capital Partners

A group of investors including Apollo Global Management, Alta Fundamental Advisers and PacBridge Capital Partners have received approval to buy a trove of Titanic artifacts and their bankrupt owner.

On October 18, a U.S. bankruptcy court judge for the middle district of Florida in Jacksonville approved the purchase of the artifacts and RMS Titanic for $19.5 million, bankruptcy filing documents show.

The artifacts include clothing, letters, cookware, coins, floor tiles, and part of the hull of the infamously wrecked ship, according to bankruptcy filings. Other than artifacts preserved by survivors of the shipwreck, the artifacts recovered by the bankrupt company are the only others to be recovered from the wreckage, the filings show.

The bankruptcy process was a lengthy one, with RMS Titanic’s parent company, Premier Exhibitions, initially filing Chapter 11 for bankruptcy protection on June 14, 2016, an announcement from Premier shows. Along the way, a consortium including the National Maritime Museum and the National Museums and Galleries of Northern Ireland considered making a bid for the company, which would have forced an auction process, the bankruptcy filings show.

However, Judge Paul Glenn ruled in favor of the bidding procedures proposed by Premier Exhibitions on August 30, which stipulated that any potential buyers that were not the stalking horse bidder — which is the consortium led by Apollo, Alta and PacBridge — would have to pay at least $21.5 million for the company, according to the filings.
Ultimately, the investment group that included Apollo, Alta, PacBridge, and several wealthy individuals, prevailed, and now have court approval to buy RMS Titanic out of bankruptcy. A spokesperson for New York-based private equity firm Apollo declined to comment on the purchase. A spokesperson for New York-based investment advisory firm Alta Fundamental didn't immediately return a phone call seeking comment. A spokesperson for Hong Kong-based PacBridge and RMS Titanic’s lead attorney didn't reply to emails seeking comment.

is the ticker symbol worthless at this point ? I think so as its not coming out of bk

$PRXIQ: NEWS... $20Million Offer made for Assets


Entire Titanic Artifact Collection To Be Sold At Auction, Opening bid $21.5MFont size: A | A | A
1:08 PM ET 9/17/18 | PR Newswire
RELATED QUOTES


1:43 PM ET 10/9/18
Symbol Last % Chg
PRXIQ
0.16 -51.52%
Real time quote.



Possibly the only opportunity for individuals and institutions to bid on the iconic collection

NEW YORK, Sept. 17, 2018 /PRNewswire/ -- Premier Exhibitions (OTC: PRXIQ), Salvor-in-Possession of the Titanic wreck site, and currently in bankruptcy protection, has been authorized by the bankruptcy court to auction off all of its assets to a single buyer. Its primary asset is RMS Titanic, Inc., which owns a large collection of over 5,000 items salvaged from the Titanic's resting place on the ocean floor, in addition to an extensive collection of Titanic related intellectual property and exclusive salvage rights. There have been 8 dives from 1987 to 2010 where over 1,570 hours of video footage, including 260+ hours of 3D footage, and over 500,000 digital images have been recorded. Museum quality items in the collection include the iconic cherub from the Titanic's grand staircase and a unique and precious blue sapphire ring, among countless other priceless artifacts never previously available for sale.

https://www.cbsnews.com/pictures/titanics-jewels-on-display/6/

www.premierexhibitions.com/exhibitions/3/3/titanic-artifact-exhibition/blog/bronze-cherub-titanics-grand-staircase

Currently, a consortium of hedge funds, including Apollo Global Management, LLC, Alta Fundamental Advisors, LLC, and PacBridge Capital Partners (HK) Ltd. have submitted an offer to buy the company's assets for $19.5M, being treated as a bid floor. Unless a competing buyer steps forward, the company's assets, including the entire Titanic collection, will be sold to this group for its $19.5M bid. As per the bidding procedures, a new buyer needs to submit, by October 5, 2018 at 4:00 p.m., a qualifying preliminary bid of at least $21.5M to enter the auction.

The auction itself will be held on October 11, 2018 at 10:00 a.m. The Bid Procedures Order (Doc. 1201) may be found at this link: http://upshotservices.s3.amazonaws.com/files/497d5a77-fff2-49a9-98f0-c32110ea0410/bcc79c9f-4585-4c3e-9c76-6a86ab69c2e4.pdf

Please refer to the Bid Procedures Order, and not the summary contained herein, for specifics about the bid procedures and the auction.

This may be the only time in history that this unique collection, with an appraised value of over $200M, will be made available to public buyers. The appraisal is attached as Exhibit C to an earlier sale motion (Doc. 28) which may be found at this link: http://upshotservices.s3.amazonaws.com/files/497d5a77-fff2-49a9-98f0-c32110ea0410/43d57d45-c3db-4ae5-8234-0921d913eaf0.pdf

While the new owner of the collection will be subject to certain Covenants and Conditions, the new owners will have the right to use the artifacts and to exhibit them publicly. Though ideally it will remain a unified collection, it may be possible to sell certain parts of the collection in a future sale. And while parts of the collection have maintenance conditions attached, numerous institutions are eager to work with the buyer to help them meet those requirements. In addition, operating partners have expressed interest in working with a buyer to assume oversight of Premier's existing exhibition business.

Please refer to the Bid Procedures Order for details about the sale process. Listed below are some of the important bidding procedure requirements for potential bidders:

Dates: Deadline to submit a Qualified Bid is October 5(th) at 4 p.m.

The Auction will be October 11(th) at the Troutman Sanders law firm in Atlanta, GA starting at 10 a.m.

The Sale Hearing to confirm the winning bidder will be October 18(th) at 10 a.m. before Judge Glenn in Jacksonville, FL.

Financial requirements: Minimum bid of $21,500,000 and a 10% deposit is required with the bid by October 5(th) at 4 p.m.

Other requirements: Bid increments at Auction will be $500,000. A form of asset purchase agreement is attached to the Sale Motion (Doc. 1055) and bidders must provide a substantially similar, same or better form with any bid. The Sale Motion (Doc. 1055) may be found at this link: http://upshotservices.s3.amazonaws.com/files/497d5a77-fff2-49a9-98f0-c32110ea0410/6f703865-1eb3-45b2-bb7f-c91e72148a8a.pdf

Interested bidders, both private and institutional, are encouraged to review the Bid Procedures Order (Doc. 1201) and to reach out to Brent C. Williams of Lincoln Partners Advisors LLC, financial advisor to the Equity Committee, for information about this notice. He can be reached at (212) 257-7750 or BWilliams@lincolninternational.com. Potential bidders must contact the Debtors' financial advisors directly at the contact information provided in the Bid Procedures Order.

View original content:http://www.prnewswire.com/news-releases/entire-titanic-artifact-collection-to-be-sold-at-auction-opening-bid-21-5m-300713491.html

SOURCE Equity Committee of Premier Exhibitions

/CONTACT: Brent C. Williams, Lincoln Partners Advisors LLC, financial advisor to the Official Equity Committee of Premier Exhibitions, Tel: (212) 257-7750, Email: BWilliams@lincolninternational.com

> Dow Jones Newswires

September 17, 2018 13:08 ET (17:08 GMT)

Still no decision it appears, but Debtors been trying to steal the assets from shareholders by selling them for $17.5M. Hopefully, the judge sides with Equity Committee reorg plan? I think the outcome will depend on what the unsecured creditors decide. Definitely think they'll side with Equity Committee, but you never know.

What is the case for today?

Loaded up on this one! Read last nights 8k intensely and they are going to win their case in court today! Loaded!!!

Anyone up to date on this? Stock is dropping on what seems to be no news, am I missing something?

The Official Committee of Equity Security Holders in re: Premier Exhibitions has established a website with valuable links to follow the Bankruptcy cases and the French Adversary case. That website can be found via this recent release

PRXIQ - Premier Exhibitions Equity Committee Enters Into Plan Support Agreement - http://mailchi.mp/lawndalecap/jn1yn5uyxa

Never mind I found it on the companies website. This looks like an intriguing buy here. I put in for some this morning. Looks like payout could be 4-5x current PPS if sales fetch a nice value for assets.

Where do you see the $218mil figure? I saw $110 in their filings from when they were given the assets from 2010. Can you show me where you saw that different figure? It's a substantial difference...

The appraiser's statement says that the fact the artifacts must be sold together (and kept together) is not taken into account in determining the appraised value.

No idea how much that would affect value.

Interesting play here. They are going to try to sell the titanic assets. They indicated the fair market value of the assets are 218m. They don't have too much debt. If they can get remotely close to that valuation it would be a really nice play with less than 5m shares outstanding.

The challenge is that they have to sell the entire titanic assets together and to an institution that will allow it to be showed publicly. That certainly cuts down the number of buyers. I don't know anything about what the demand would be like for these assets but it seems that it is at least possible that there could be serious interest. The question is at how much and how far or close to that 218m number they put out as FMV.

PRXIQ zooming up on bankruptcy settlement. They are going to sell the assets.

PRXIQ bullish 3.5



normal chart


log chart

It's the asset value of the Titanic artifacts.

This has been my question for about 2-3 weeks now. I can't find any info about their attempt to sell the Titanic exhibits to get them out of BK

What the heck is pushing PRXIQ up 65% today? No news or even posts that I can find.

PRXIQ bullish 2.99

PRXIQ bullish 2.11

PRXI: effective June 16,2016 PRXI will change to PRXIQ, bankruptcy:

http://otce.finra.org/DLSymbolNameChanges

Ok thanks Mike much appreciated!

Doog,

I hope you are not wasting your time on this one.

Know it very well. Not worth the time other than if they can somehow unload the Titanic assets for anything at all for which you'd have plenty of time to own a few. Unfortunately a sale comes with a myriad of gov't and legal red tape for any future owner which diminishes the potential.

Amigo Mike

FORM SC 13D/A http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11329437

The Company previously disclosed that it is not able to file a Form 8-K/A containing the financial statements and pro forma financial statements required under Item 9.01 of the Original report within the prescribed time period. The Company now anticipates filing the financial statements and pro forma financial statements required under Item 9.01 of the Original Report by April 30, 2016. Because of this delay, the Company also has not filed its Form 10-K for the year ended December 31, 2015. The Company expects to file the Form 10-K approximately 45 days after the filing of the Form 8-K/A.

AJB Capital Calls on Leadership of Premier Exhibitions to Immediately Prioritize Monetization of Titanic Assets and Fulfill I...

(MM) (NASDAQ:PRXI)
Intraday Stock Chart

Today : Monday 28 March 2016
Click Here for more (MM) Charts.

The following is a statement from Adam Bradley of AJB Capital:

My firm, AJB Capital, is the holder of more than 5% of Premier Exhibitions (Symbol: PRXI). Below is a summary of a more detailed communication I am providing Premier’s leadership and is available on our Schedule 13D.

I am calling on Premier’s leadership to:
•Prioritize the immediate monetization of our Titanic artifacts and its exclusive Salvor-in-Possession rights of the wreck site.
•Fulfill its reporting requirements as a public company

I do not consider myself an activist investor and am not taking the stance of one here now. Our goal as a shareholder of Premier is to:
•Raise concerns
•Provide solutions
•Emphasize accountability
•Assist Premier’s leadership in restoring value

I am optimistic and expectant that Premier will respond positively to shareholder concerns and take advantage of the help I am offering.

Reporting Requirements:
The financial reporting by the company is late. There has been no quarterly or annual financial report to shareholders since the 10-Q for the period ending August 31, 2015 was filed. In my view, that is too long to go without reporting to shareholders. It appears to me that without shareholders holding leadership accountable, we will be kept in the dark.

Assets
Premier’s ownership of over 5,000 Titanic artifacts and status as Salvor-in-Possession of the Titanic wreck site are in my estimation the most valuable assets we possess. The most recent appraisal of these assets totaled $218,023,300. The current market value of our equity is approximately $3,300,000, with minimal debt according to the filings. Therefore, there is a very large disconnect between the appraised value and what the market expects the company to realize from them. With such a large and growing discrepancy between the two valuations, I believe it is prudent to analyze the prioritization and focus of Premier’s strategy to determine if it is the right one.

Strategy:
The strategic outlook provided by management listed stabilizing operations as management’s first priority. Judging by the financials, the operations are losing money and bleeding cash. Rather than focus resources on a turnaround of unprofitable exhibits, it may be best to end them and stop the bleeding. The locations where they are held, including midtown Manhattan, are highly desirable to many different tenants. This provides Premier an opportunity to unburden itself from expensive leases and disengage from the irrational practice of running an unprofitable exhibit to meet the lease obligations.

I want to reiterate my desire to work collaboratively with the company to unlock its value. I also want to emphasize that in my judgment the current path the company is on is not working and we all may be better off pursuing an alternate course of action. I am making myself available to Premier and urge them to take me up on the offer.

We are providing this statement for general informational purposes only. None of the information provided herein is intended to be relied upon as investment advice or any opinion or prediction as to the prices at which Premier’s securities may trade at any time.

Choo-choo!

PRXI delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions

PRXI delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions

$PRXI recent news/filings

bullish


## source: finance.yahoo.com

Mon, 13 Apr 2015 20:14:30 GMT ~ PREMIER EXHIBITIONS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits


read full: http://biz.yahoo.com/e/150413/prxi8-k.html
*********************************************************

Wed, 08 Apr 2015 21:02:28 GMT ~ PREMIER EXHIBITIONS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Ex


read full: http://biz.yahoo.com/e/150408/prxi8-k.html
*********************************************************

Tue, 07 Apr 2015 19:09:39 GMT ~ PREMIER EXHIBITIONS, INC. Files SEC form 8-K, Other Events


read full: http://biz.yahoo.com/e/150407/prxi8-k.html
*********************************************************

Tue, 07 Apr 2015 19:01:37 GMT ~ Premier Exhibitions, Inc. Reschedules Shareholder Call

[GlobeNewswire] - ATLANTA -- Premier Exhibitions, Inc. , a leading provider of museum-quality touring exhibitions around the world ("Premier" or the "Company"), today announced that it has moved its ...

read full: http://finance.yahoo.com/news/premier-exhibitions-inc-reschedules-shareholder-190137841.html
*********************************************************

Fri, 03 Apr 2015 11:20:12 GMT ~ Premier Exhibitions to merge with Dinoking Tech


read full: http://www.bizjournals.com/atlanta/morning_call/2015/04/premier-exhibitions-to-merge-with-dinoking-tech.html?ana=yahoo
*********************************************************

$PRXI charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$PRXI company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/PRXI/company-info
Ticker: $PRXI
OTC Market Place: Not Available
CIK code: 0000796764
Company name: Premier Exhibitions, Inc.
Company website: http://www.titanic-online.com
Incorporated In: FL, USA

$PRXI share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: 4,909,500 a/o Mar 02, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available

$PRXI extra dd links

Company name: Premier Exhibitions, Inc.
Company website: http://www.titanic-online.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=PRXI+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=PRXI+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=PRXI+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/PRXI/news - http://finance.yahoo.com/q/h?s=PRXI+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/PRXI/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/PRXI/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=PRXI+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/PRXI
DTCC (dtcc.com): http://search2.dtcc.com/?q=Premier+Exhibitions%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Premier+Exhibitions%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Premier+Exhibitions%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.titanic-online.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.titanic-online.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.titanic-online.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/PRXI
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000796764&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/PRXI/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/PRXI/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=PRXI&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=PRXI
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/PRXI/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=PRXI+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=PRXI+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=PRXI
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=PRXI
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=PRXI+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/PRXI/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=PRXI+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/PRXI.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=PRXI
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/PRXI/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/PRXI/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/PRXI
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/PRXI
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/PRXI:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=PRXI
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=PRXI



$PRXI DD Notes ~ http://www.ddnotesmaker.com/PRXI

Acquisition news coming as well! Find it on The Street!

News about to hit! Grabbed some on the dip!

ARMADA GROUP TO BUY 15.43Million SHARES GOING TO BE CONFIRMED AT MEETING! Shares being purchased for $1.05!

NEVERMIND, amending the decision to implement a reverse split! Actually good news!

Reverse Split to be voted on at meeting!? Ratio of 1-10, amazing news.

Reverse Split to be voted on at meeting!? Ratio of 1-10, amazing news.

Interesting 13D filed; Sellers selling entire 31% holdings for $1.05/share in private transaction, date ties deal to recent financing and SNL show. Finally someone at PRXI knows how to get things done.

Premier Exhibitions ($PRXI) – Lots of Uncertainty; Not a Lot of Risk: http://buysidenotes.com/2014/05/22/premier-exhibitions-prxi-lots-of-uncertainty-not-a-lot-of-risk/

conference call transcript - interesting...

PRXI Shareholder Call
April 22, 2014
Script:
http://www.sec.gov/Archives/edgar/data/796764/000117184314001820/exh_991.htm

me too

keeping an eye on this.

break 20dma could get it going

Time for a wake-up for this stock price.

can the King save this stock?

news - Premier Exhibitions, Inc. Announces Partnership to Bring King Tut Exhibition to North America

at 1.03 it could be a great entry