Motors Liquidation Company (fka MTLQQ)

[puppydotcom]

odds are 99.9% old commons will receive nothing from the one share ..
... on hold until 12/11

as of today all shares of old GM (MTLQQ) have been terminated


Class 6 - Equity Interests in MLC. On the Effective Date, all Equity
Interests issued by MLC shall be cancelled and one new share of MLC’s common stock
shall be issued to a custodian to be designated by MLC, who will hold such share for the
benefit of the holders of such former Equity Interests consistent with their former
economic entitlements. All Equity Interests of the other Debtors shall be cancelled when
such Debtors are dissolved or merged out of existence in accordance with Section 6.10
hereof. Each holder of an Equity Interest shall neither receive nor retain any property or
interest in property on account of such Equity Interest; provided, however, that in the
event all Allowed Claims have been satisfied in full, holders of Equity Interests may
receive a pro rata distribution of any remaining assets of the Debtors. On or promptly
after the Effective Date, but in no event later than December 15, 2011, MLC shall file
with the Securities and Exchange Commission a Form 15 for the purpose of terminating
the registration of any of its publicly-traded securities. All Equity Interests in MLC
outstanding after the Effective Date shall be cancelled on the date MLC is dissolved in
accordance with Section 6.10 hereof. The rights of a holder of an Equity Interest or
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former Equity Interest issued by MLC pursuant to this Section 4.6 shall be
nontransferable.
ARTICLE


http://www.motorsliquidationdocket.com/pdflib/9836a_50026.pdf