Premier Exhibitions has filed monthly operating reports from 1 Dec 2016-20 Dec 2016 with the Bankruptcy Court and with U.S. Securities and Exchange Commission(SEC). Due to being in bankruptcy, the usual reporting to SEC has been suspended for Forms 10-K and 10-Q. Copies of the monthly operating reports submitted to the Bankruptcy Court will be reported to the SEC in Form 8-K
January 26, 2017
Premier Exhibitions 8-K:
List of Exhibits 99.1-99.8
It is dry stuff to read but it is important to read these materials to know what is going on. Pretty sure even the attorneys and accountants who go over this stuff have their eyes glaze over as well.
In a recent report to the U.S. Securities & Exchange Commission (SEC), Premier Exhibitions reported:
“On June 20, 2016, the Company filed a number of motions in the Bankruptcy Court. Among the motions filed was a motion seeking permission to sell a portion of the Titanic artifacts awarded to the Company pursuant to a 1993 French administrative decree, which are from time to time referred to as the 1987 Artifacts in Company filings. At this time the Company does not know when the Bankruptcy Court will rule on this motion, and does not know the likely outcome of the motion.”
Since those artifacts are not part of the salvage award decision in the U.S., those stringent conditions imposed for sale do not apply here.
Premier Exhibitions (2016, June 20)Form 8-K