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james_west_1965

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james_west_1965

Re: SPORTYNORTY post# 30663

Tuesday, 08/09/2016 10:01:57 AM

Tuesday, August 09, 2016 10:01:57 AM

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Sportynorty

How do you explain this statement in Doc 71, the Order of the day,

"It is hereby ordered that the Plan Proponent shall be authorized to extinguish and cancel all
classes of shareholders’ shares of stock interest in the Debtor and to issue new shares for 100% stock
ownership of the Debtor to the Plan Proponent and/or its designee."

Are you seeing something I have missed besides the obvious? I know the POR was vague about common shares, but what I have pasted above is quite clear.
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