RCPIQ has already been liquidated. Conversion to Chapter 11 is not possible. Not to mention all the officers and directors have been gone for what, 5 YEARS? They are disqualified from conversion to Chapter 11 on both counts. It is not possible here.
The Chapter 7 bankruptcy is for all intents and purposes, done. We are just waiting on the final discharge and confirmation there is no additional funds for the creditors.
RCPIQ is worthless. It has no chance of returning any value to common shareholders.
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