i read the court filings, this is the chapter 11 plan
CLASS# DESCRIPTION IMPAIRED (Y/N) TREATMENT Delmar Janovec 80% ownership of preferred stock Yes All old equity/membership interests shall be retired and extinguished and receive no distribution or value.
Fractional Shareholders This class also i n c l u d e s a l l shareholders listed in the Debtor’s Schedule F Yes All old equity/membership interests shall be retired and extinguished and receive no distribution or value.
Douglas J. Horton Proof of Claim No. 2 as a secured claim. Motion to be filed to modify claim to equity holder. Yes All old equity/membership interests shall be retired and extinguished and receive no distribution or value.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.