Sears Holdings Corp. (fka SHLDQ)

[dragon52]

imo... many glanced over the obvious on your post...

“ESL, we know, is a ‘qualified creditor’ of Sears,” so any stock it receives as part of the deal “would count positively towards satisfaction of the bankruptcy exception,” New York-based tax consultant Robert Willens told Bloomberg Tax in an email.

The proposal not only ensures that ESL will have access to Sears’ NOLs, but that the combined company won’t be “burdened” by the limitation under Section 382, he said.

So, this would then be... How can they make that happen?

the Answer... Reverse Merger

Shares are reissued under the NEWCO or HOLDCO whatever you want to call it, they still have power and ownership still as a majority SHAREHOLDER... and life goes on.

Shorts want you to think otherwise and keep ranting to make you believe that your shares will be worthless... day in day out and some are starting to believe that. But is that what will actually happen?

Eddie and ESL give up their entire holdings of common shares that they paid dearly for and still own... just to give them up? Crazy. Ain't gonna happen.