Golden Mountain Financial Holdings Corp. (fka FNBCQ)

[oich]

Per the disclosure statement, preferred and equity remain unaltered after plan confirmation. You’re thinking of it as a liquidation where priority classes have to be paid off first in order for commons to receive a payout. Yes it is rare for commons to get paid out in a liquidation but it does happen. This is not a liquidation though. I think the real question is what will happen to the company post confirmation.