from yesterday's sec filing:
4.9. Existing SHC Equity Interests (Class 9).
(a)
Classification: Class 9 consists of Existing SHC Equity Interests.
(b)
Treatment: On the Effective Date, all Existing SHC Equity Interests shall be cancelled. Each such holder thereof shall neither receive nor retain any property of the Estate or direct interest in property of the Estate of SHC on account of such Existing SHC Equity Interest.
(c)
Voting: Class 9 is Impaired. Holders of Existing SHC Equity Interests are conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code. Therefore, holders of Existing SHC Equity Interests are not entitled to vote to accept or reject the Plan, and the votes of such holders will not be solicited with respect to such Existing SHC Equity Interests.
THINK! THINK! THINK!
even though it does not specifically say so, despite the fact shc says shldq shares will be cancelled and will receive no interests, it's apparent to those who haven't read anything which has been filed and those who can not comprehend what is happening that:
1. eddie will jump in and save the day because of the billions he has spent,
2. eddie owns shares of shldq and he wouldn't want to screw himself, much less all of the other stakeholders, and
3. the judge doesn't want to see all of those jobs lost
so, bottom line, make sure you are thinking "out of the box" because so few can see the unseen.
