If their plan goes through as anticipated then yes, the ONEI common stock will be cancelled in the end. However, there is still plenty of time between now and then for something to change. Also, SOLUQ has already filed their reorganization plan, in which their common stock will be worthless, and the stock still trades at $.28 per share. UALAQ was long considered dead yet traded for $1+ plus per share until right before it came out of BK. OWENQ is supposed to be toast, but its still trading for $1+; was trading for $3+ a couple of months ago. FGHLQ ended up being cancelled but had a huge right of like 1000% right before it did so, and CWONQ had one run of like 1000% and another of like 500% in the few days before it was cancelled. Sure, this thing is a long shot for equity holders to receive any distribution, but it isn't over yet, and until after the point the company comes OUT of BK(they haven't even filed yet), the stock will still trade. So, to me, its worth some risk capital. Nothing more should be used on it, IMO.
If you need to get ahold of me, shoot me an email as I'm no longer a paying member.
