It is guaranteed. The common stock is worthless, and WILL be cancelled. How do we know? Because everything has already happened! All the assets are GONE. And the cash received was HALF the book value, which means BONTQ is a BILLION dollars short of what they owe.
Common shareholders are last in line for assets. They will only get something after everyone in front of them, primarily debtors and creditors, are paid 100% of what they are owed. That is the LAW. But BONTQ has already sold all their assets and only got $775 million, which is a billion dollars short of the $1.75 billion they owe. Which means there is ZERO chance of any money being left for common shareholders.
It is already over. We KNOW what is going to happen because the game has been played and common shareholders lost.
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