Tuesday, September 01, 2020 11:54:37 AM
It looks like the judge is going to approve their Plan of Reorganization as the judge/court approved today their Amended Disclosure Statement. If the judge had a problem with the reorganization plan, he would not have approved the Amended Disclosure Statement per BRTXQ below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157511559
Also, the Desmarais objection was overruled which was the only major thing that was standing in the way of the reorganization plan not getting approved in my opinion. It's very obvious that the judge clearly knows that the reorganization plan that Auctus has in place is far better than what Desmarais was bringing to the table.
The word Equity is synonymous with common shares or with common stock. The newly inserted language stated within the Amended BRTXQ Plan of Reorganization within the Pacer database within Court Docket #104 clearly states that the Equity interests will be allowed. Read below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157476039
Also, within the approved Amended Disclosure Statement by the judge/court today, it was changed within the amendment to reflect that the Equity Interest now is authorized to vote for the reorganization plan to where such was originally not the case. It only makes sense that those with an Equity Interest is not going to vote themselves away. If the Equity (common shares) were going to get wiped out, they would not have been given the privilege of even having the option to vote for the reorganization plan.
Clearly articulated in the post below courtesy of Showerbeers is more info that indicates that the equity (common shares) will remain intact:
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
I never give investing advice; only my beliefs for risks in a stock.
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