InvestorsHub Logo
Followers 171
Posts 20491
Boards Moderated 5
Alias Born 09/06/2010

Re: None

Tuesday, 10/04/2016 6:30:30 PM

Tuesday, October 04, 2016 6:30:30 PM

Post# of 893
The common shares are worthless as they are being cancelled without any payment under the Plan of Reorganization. Anyone holding the common shares will lose 100% of their investment.

"Holders of Company preferred and common stock will receive no recovery on account of their equity interests."

https://www.sec.gov/Archives/edgar/data/943861/000119312516728549/d158106d8k.htm

The Plan should become effective later in October and the ticker will be permanently deleted by FINRA shortly thereafter.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.