Taking a Bath with KODAKCoin and the Eastman Kodak Co (KODK)

My conclusion is that the only value at Eastman Kodak is its ticker symbol. The RYDE team is apparently using that symbol and Eastman Kodak’s corporate shell to promote its KODAKOne platform. Obviously, Eastman Kodak will lose what little value it has if it gets delisted. I predict delisting is imminent because of the shenanigans the RYDE team is pulling.
Unfortunately, the KODAKOne venture and KODAKCoin are purely theoretical. Since neither KODAKCoin nor KODAKOne is operating nobody can say what value they might have.

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