Most likely DESTQ will emerge from current CH11-REORGANIZATION process with all the common shares intact as its much smaller business scale retail peer (CBKC) did before!
In the worst situation DESTQ will become a CLEAN shell (like ALLMQ and OEDVQ etc. CH11 peers) with the FIXED Sought-After Super Tiny SS after the court dismisses or closes its case! There is no way the company would cancel DESTQ based on the document they filed with the SEC --- see the link below.
No assurance can be given that, as of the result of the Bankruptcy Petitions, the Company’s equity securities, including common stock and options, will not be cancelled and extinguished without any monetary recovery to the holders thereof.
Therefore even in the worst case DESTQ will be worthy $1M or $0.0703 a share v.s. it is trading at ridiculous low $0.018 now!
To match the Same MV with its CH11 peer (ALLMQ), DESTQ will hit a Multi-Year's New high $1.28 v.s. at Giant discount price $0.018 now!
To match the Same Market Value with its CH11 peer (FTRCQ) at $0.248, DESTQ will create a Multi-Year's New high $1.54 v.s. at Giant discount price $0.018 now!
To match the Same Market Value with its CH7-Retail peer (SHLDQ) at $0.46, DESTQ will create a Multi-Year's New high $3.54 v.s. at Giant discount price $0.018 now!
So DESTQ is much much much cheaper than ALLMQ, FTRCQ, and SHLDQ!
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