Don't have PM but yes, in one of their previous filings they stated cancellation of current stock and reissue new under the new company.
Here are some clips:
On the Effective Date, all the agreements, instruments, and other documents evidencing the Claims or Equity Interests rights of any holder of a Claim or Equity Interest against the Debtors, any agreement obligating the Debtors to issue, transfer, or sell Equity Interests or any other capital stock of the Debtors shall be deemed cancelled and of no force or effect.
Reorganized Xybernaut shall issue all 1,000 shares of New Common Stock to ERC on the Effective Date. The New Common Stock shall have a par value of $0.01 per share. Reorganized Xybernaut shall be organized as a private corporation and terminate its registration with the Securities and Exchange Commission.
Here too:
The Common Stock is currently traded on the pink sheets under the symbol XYBRQ. Because the Common Stock will be cancelled pursuant to the Plan, on the Effective Date, the Common Stock will be removed from the pink sheets and will cease to trade.
