IMHO it won't be back up again. Didn't you read last Friday's filing that said all common stock will be cancelled if approved by the court?
The Plan further contemplates distribution of shares representing an aggregate of 100% of the issued equity interests in the Company to the Branch Banking & Trust Company (the "Lender") on account of the Lender's secured claim.
In addition, the Plan provides for the extinguishment of all intercompany claims, which claims shall be discharged by the Plan or confirmation of the Bankruptcy Court. Further, holders of the Company's outstanding equity interests, including the Company's outstanding shares of common stock, will receive no distribution, and all of the Company's outstanding equity interests, including the Company's outstanding shares of common stock, will be cancelled and deemed worthless as of the effective date of the Plan, if the Plan becomes effective. The Company cannot predict whether the Bankruptcy Court will approve the Plan and thus whether the Plan will become effective.
