Common stockholders own a piece of every physical asset (real estate, vehicles, machines, etc.), every subsidiary company and every patent. For the people who think common stock will get wiped out, I assume that means you think that this will go to chapter 7 and total liquidation of all worldwide assets.
I get people betting SUNE will make it though this as a temporary cashflow crisis and more importantly a legal way to stave off lawsuits from failed mergers. I get people thinking it will go to total liquidation. What I don't get is people who think stockholders can get wiped out to zero while SUNE survives. Please educate us on how that is legally possible.
