Superior Oil &Gas Company (fka SIOR)

[Traderfan]

Well if they did enter bankruptcy and wash out current commons, you can pretty much bet that certain holders would receive shares of the new common stock when/if the company emerged. They'll be made whole.

That's exactly what I meant. That's the point. At this point in time bancruptcy could easily be avoided IMO with what is at stake here for some of the bigger holders. It's something different of course if there is not that much of incentive for them because they would benefit either way in the future.