Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

"But why isnt it feasible to conclude shareholders could get even swapped equal par value into the new company and thus acquire its future value?"

there is nothing feasible about that. eddie already has all of the old sears assets which were of any value (including the nols and tax credits). he owns it ONE HUNDRED PERCENT. as in he owns it without the pain in the butt of stockholders.

at this stage of the game, what is the purpose of complicating things by having a bunch of whinny stockholders?

eddie has already stated he MIGHT consider going public in three or more years AFTER he has done everything he wants to do with reorganizing what he has purchased which he would have a problem doing if he had to answer to shareholders.

since the plan approved by judge drain MANDATES that sears will be liquidated and wound down within three years from the effective date of the por (february 2019), if/when eddie takes transform holdco public, old sears and shldq stock will be long gone.

currently, the "sears shell" still has billions in debt which must be satisfied. why would eddie even consider taking that debt which he would have to do if he were to "take out" the shldq shares?

again NOT FEASIBLE.