Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

dark pool, the restructuring plan you address is sears holdings plan. if the esl bid is accepted and approved, then esl will submit a plan of reorganization for approval. it will be in that plan, submitted by esl, in which common stockholders will see in writing if the common shares are cancelled and worthless or if the common shares are cancelled and subsequently exchanged for shares in newco.

in any case, the current shares WILL be cancelled. the question will be if they have any value after a newco is formed, again IF the esl bid is accepted and approved.