SFX Entertainment Inc. (fka SRXEQ)

[1manband]

Not exactly. The proposal has already been approved by just about all the affected parties, and the remainder is just a formality.

But you don't seem to understand bankruptcy law. It doesn't matter what happens, as there will NEVER be any money for the common shareholders in this bankruptcy. You can't get blood from a stone, and even if somehow they did find more money and all the creditors were paid in full, the preferred stockholders are up next, and they are owed a ton of money.

There is absolutely no chance the current common shareholders will survive the SFXE bankruptcy.