Sears Holdings Corp. (fka SHLDQ)

[cottonisking]

You are correct! The existing common shares will be used in that transaction! There is nothing in this SEC filing that speaks to a stock conversion. So lets stick with the "near future."

The Debtors may never be able to get a POR confirmed based on a stock conversion by a majority of the Creditors via a tally of votes by dollar amount of debt. Lets gamble! This Chapter 11 is unique.

"gambler - Dictionary Definition : Vocabulary.com
https://www.vocabulary.com/dictionary/gambler
A gambler is a person who takes a lot of high-risk chances. ... Other gamblers enjoy betting money on sports, card games, or games of chance. Gambler came after gamble, "risk something of value on a game of chance," from the Middle English gammlen, "play or be merry," with its Old English root gamen, or "game.""

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"u·nique
/yo?o'nek/
adjective
1.
being the only one of its kind; unlike anything else.
"the situation was unique in modern politics"
synonyms: distinctive, individual, special, especial, idiosyncratic, quirky, eccentric, isolated; More
nounARCHAIC
1.
a unique person or thing."