This is straight from the horses mouth... Pursuant to the Plan of Reorganization and the Disclosure Statement, upon the effective date (the date the company emerges from the chapter 11 proceedings), all shares in the current company will be deemed to be cancelled. At this time, the effective date has not been determined as the Plan confirmation has not occurred. You may view the Plan and Disclosure Statement on the Prime Clerk website here: https://cases.primeclerk.com/sunedison/Home-DocketInfo?DocAttribute=2751&DocAttrName=PANAMP%3BDISCLOSURESTATEMENT It doesn't get much clearer than that and nobody is objecting against the cancellation of shares, it's a done deal.