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DISH is the current owner of the "Blockbuster" brand, inclusive of its ongoing retail, internet, and by-mail distribution channels. ("New Blockbuster"), which is an affiliate of DISH and a non-debtor entity.

It is the Debtors' understanding that such ongoing business operations are being managed by Blockbuster L. Accordingly, all inquiries concerning the ongoing business of New Blockbuster should be directed to DISH and the success or failure of New Blockbuster will have no impact on the recoveries anticipated in these chapter 11 cases for either creditors or equity interest holders of the Debtors.

None of the publicly owned stocks issued by Parent prior to the commencement of these chapter 11 cases, including its Class A and Class B common stock, which are currently trading on the OTCQB under the symbols BLOAQ and BLOBQ, respectively, are or will become securities in DISH or New Blockbuster, which are independent, non-debtor companies.

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As a result of the Asset Sale, the Debtors have no further business operations nor assets to liquidate.

It's hard not to look at BLOAQ and raise at least an eyebrow.

You got a stock that skyrockets from 7 cents to 30 cents within a few days and there just doesn't seem to be any convincing explanation for that spike - beyond a lot of speculation and the same-old-same-old list of touter's adjectives and adverbs.

Uh huh, I see some of the usual suspects when it comes to public relations for the so-called next, hot stock.

The pumpers, the newsletters, the promoters seem out in full force on this one - which is not to suggest that there may not be some merit in the whole Netflix-Dish-Blockbuster story but, you know, I'm a card-carrying skeptic. After a few minutes of comparing notes, my source and I ended our conversation. After several days of what he saw as blatant touting, he was wondering whether any regulator would proactively poke around. It was more like where the hell are the regulators?




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