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Re: instock58 post# 13126

Wednesday, 05/20/2020 2:00:05 AM

Wednesday, May 20, 2020 2:00:05 AM

Post# of 43522
"On the Plan Effective Date, all Equity Interests in JCP shall be extinguished and cancelled. Holders of Existing Equity Interests shall receive no recovery on account of such Existing Equity Interests."

I think the CEO signed off on this, but I could be wrong.


https://seekingalpha.com/article/4348419-bankrupt-j-c-penney-might-end-up-selling-all-assets-and-liquidating

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