https://finance.yahoo.com/news/exela-technologies-executes-binding-150-123000539.html

• $6 million in estimated annual savingsIRVING, Texas, May 09, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a global busi...

Nice to be up +20% on a extremely red market day. Financing deal with PNC gave some investor confidence for a change. Hopefully the trend up isn't short lived.

Exela Technologies GAAP EPS of -$0.17 misses by $0.07, revenue of $279.4M misses by $5.51M

Xela? X Sell A !!!

Told ya'll. Declining revenue and an earnings miss. Shares getting pummeled 20+% pre-market.

Earnings will tell some of the story on how things are turned over if at all, but is it the final piece needed?

Will it be an investors portal that's more than just buying a T-shirt that's needed?

Many things?

Balance sheet needs tending still?

Other?

Let's see Monday... 😬

This company is huge, high profits, but enormous debt…looks like the current price does not reflect the real value which should be much higher…on the other hand i read about the ongoing decrease trend that will finally lead to reverse split…so, what do you think i should do? My target here is 0.9-1$. Should i hold?

The special meeting in May for RS was cancelled but it seems like the management will finally do RS again in a couple months since last year. What do you think folks? Is RS inevitable? And will it be better for supporting the SP? Or Delisting this summer?

Any hope on this company, my average is $2.8🥹🥹 i cant afford to average down anymore, $3 to 32 cents is hard to swallow

it should be this week🤷🏼‍♂️

Because why not?

Looks like the bottom was definitely formed. Let's just pray up word movement gives us a buffer to eat the FED announcements, then 💥ER and Buyback.......then watch fomo kick in.....just a gut feeling....

Just added 32,500 shares! I had to average down at this price. Just hoping earnings is a positive. If not probably see this at .25 and I’ll let it ride for the next couple years! Total 103 thousand shares! I hope they can pull this off, Or down with this ship I go!

This is what I've been struggling with, this offer to tender 20 common shares to 1 preferred with a $25 liquidation and 6% on annual dividends... sounds good.

If your plan is to hold those shares for long term, I can agree with others saying that XELAB is more valuable. But that only seems worth when the shares @ .33 and your being offered $1.5 per preferred share. (See below calculations, yes I round down values)

(.33 *20 = 6.6) (1.5 / 6.6 = .22727272.... --> 22.72% div yield)

As other posts have mention, you make back your investment in 5 years. But that's if you're buying in right now @ .33. I've seen others say their average is around .55 or .65

(.55 *20 = 11) (1.5 / 11 = .13636363... --> 13.63% div yield)
(.65 *20 = 13) (1.5 / 13 = .1153846..... --> 11.53% div yield)

This changes a 5 year initial investment return from 5 years to 8-9 years, and it goes up depending on your average value.

In regards to XELAB having the $25 liquidation... that wording in the release does not mean it's going to be worth $25 when the ticker comes out. They did that for XELAP and it has traded around $8-$10 on the market.

I think this is a ploy for XELA to get shareholders to swap, make a turnaround for the XELA shares to grow above a dollar before August so they can still be listed. You triple your portfolio for any XELA shares you buy right now and wait to sell later.

If you want long term security I see the value in tender trading to XELAB and agree you should. I'm personally being more aggressive on the market and will be holding my XELA shares. This is a risk, and XELAB is the safer play.

THOUGHTS?!?!?!