InvestorsHub Logo
Followers 463
Posts 36670
Boards Moderated 0
Alias Born 01/06/2001

Re: Billybob_TX post# 10080

Wednesday, 12/14/2016 8:12:46 PM

Wednesday, December 14, 2016 8:12:46 PM

Post# of 13896
Share treatment from the Plan filed on Dec 5th:

4.6 Class 6. Allowed Interests of Equity Holders.
4.6.1 Classification. Class 6 consists of the Allowed Interests of Equity
Holders of the Debtors.
4.6.2 Treatment. Unless Allowed Class 5 General Unsecured Claims are paid
in full, Equity Interest in the Debtors shall receive no distribution or any property under the Plan
on account of said Interests. Said Interests shall be cancelled. If the Allowed Class 5 General
Unsecured Claims are paid in full and there is cash remaining it shall be distributed to the Holder
of Allowed Equity Interests on a pro rata basis.


So cancelled, and maybe a dividend if all other classes get paid in full.

“Whether you think you can, or you think you can't--you're right.”
~ Henry Ford