That already happened... JCP is now JCPNQ - JCP was cancelled, and shareholders received an equal amount of JCPNQ shares You clearly don't understand how BKs work... But this should be a great learning opportunity ;) And buckle up, this is going to be one helluva ride! See SHLDQ Feb 2019 for what is likely to happen here... GLTA $JCPNQ