POR Already effective and profits will come in and debts will be met. They requested bonuses for the employees who helped manage the POR. IMO ... If judge approves what are the odds the AROPQ will request common shares be cancelled, maybe 10 percent. If judge doesn't approve, maybe 15 percent. Odds of AROPQ not cancelling common shares close to 85 percent. The reason is the POR has already been proven to bring in profit from the past sales at the stores they left open for business and the new ones they open. So if the economy stays on track which it should even with the Brexit dilemma, Hillary, and Trump their will be substantial profits to begin AROPQ growth. Aeropostale wants to return to the NYSE ASAP and it would be easier to this by simply restoring stock over 1.00 per share, and the other guide lines needed. They know this would happen faster by just claiming that common shares will not be cancelled, that the POR is successful, and that bankruptcy is over.
Now if they were to cancel common shares or dilute, then how long would it take the newly issued stocks to sell at 1.00 per share. Most investors would lose their trust in Aeropostale if they did this and would not invest for quite a while. So I seriously doubt they will not go this route.
There always is the possibility of a merger or acquisition, but not really seeing a need for that anymore.
The other possibility is, and this is where the 10 or 15 percent chance comes in of cancelling common shares, is if they decide they just want to go private. Quicksilver was an example of a company that did this.
Time to just kick back and enjoy the ride this week. Hopefully I will have a smile rather than a frown comes Friday afternoon.
