That is not correct. That other stock you listed has not yet submitted a Plan of Reorganization to the Bankruptcy Court. SFXEQ has not only submitted a Plan, the Plan specifically states all current equity, both common and preferred shares, will be cancelled. Common shareholders get NOTHING. And the Plan will be confirmed by the Court in about 2 weeks. Shortly thereafter, the ticker will be deleted by FINRA and all value in SFXEQ will be wiped out. No matter how much you wish you could, you can't beat Federal Bankruptcy Law. And thankfully, most investors know how to read filings and won't be sucked into this guaranteed loser.
And, BTW, that other ticker may yet also cancel the common shares. Wait until the Plan of Reorganization is announced. You may be surprised............