Value investor,
From your last post....is that what you would call the payout for common shares(to close out those old DESTQ shares(DESTQ, old symbol?) so that Marquee can re-issue new shares under a new Marquee stock symbol?) giving new shares under Marquee? or with this be just a quarterly dividends (payout) to the common share holders of DESTQ?
I'm trying to understand the overall processes....Marquee owns DSETQ, DESTQ is under Chapter#11, what's the options with the POR?
Does Marquee do a reverse merger and keep common stock shares in place?
Do they(Marquee) cancel DESTQ common shares and start from scratch with a new symbol without giving or doing anything for the DESTQ shareholders?
DESTQ drops the Q symbol and just moves forward as its own entity and does its own thing as if Marquee being a silent partner?
Literally, any insight you or anyone of our knowledgeable investors here that can shed light upon this subject would be sooo appreciated!! thanks....