InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,071.63
(
0.02%
)
US TECH 100
17,060.40
(
0.00%
)
Dow Jones
38,460.92
(
-0.11%
)
Brent Oil
87.31
(
0.10%
)
Bitcoin
64,236.48
(
-0.07%
)
Post# of 956
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

1manband

Send PM Follow Ignore
Followers 171
Posts 20491
Boards Moderated 5
Alias Born 09/06/2010

1manband

Re: Masterview post# 931

Friday, 12/02/2016 2:45:11 PM

Friday, December 02, 2016 2:45:11 PM

Post# of 956
There is no buyout. Someone could buy up every single share of currently outstanding common stock, but it would not matter one bit. The current common shares are still going to be cancelled by the bankruptcy court, no matter who owns them.

The Plan of Reorganization has been approved by the Court. All common shares will be cancelled once the Plan is declared effective, which will happen soon.

It is all in the (FACTUAL) Bankruptcy Court filings.

http://www.kccllc.net/sfx/document/list/4196
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up