Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,064.01
(
-0.63%
)
US TECH 100
25,895.20
(
0.09%
)
Dow Jones
49,149.38
(
-0.60%
)
Brent Oil
94.16
(
-0.90%
)
Bitcoin
77,591.01
(
1.65%
)
News Focus
News Focus
Post# of 43522
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

JP-Stockton

Send PM Follow Ignore
Followers 2
Posts 266
Boards Moderated 0
Alias Born 10/13/2020

JP-Stockton

Re: None

Saturday, 11/07/2020 10:12:26 AM

Saturday, November 07, 2020 10:12:26 AM

Post# of 43522
Old shares are getting wiped.


New shares will be issued to first lien holders..Not existing holders.

Existing holders get 0 as in (Zero)destroyed completely. JCPNQ will be delisted. $0.0000...Not even 0.0001


Preferred securities < 1% recovery
(Interest to be paid first)


This is how I understand the projection.



Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today