Sears Holdings Corp. (fka SHLDQ)

[linda1]

I quite understand what you are saying. I can’t
figure it out clearly either.

Perhaps I am incorrect and the POR will execute
a SHLDQ share(s) for a Holdco Share.

Is there not a Disclosure Statement that is filed
with a POR? It will show what Assets and Liabilities
are still in the Estate after the Sale to ESL.

If the Assets exceeds the Liabilities then the
Creditors/Shareholders could receive additional
monies from a Liquidation if the Expenses are
not too high.