Northwest Airlines Corp fka NWA

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So how do you read this:

Northwest added that upon the effective date of its Plan of Reorganization, the outstanding common stock, currently traded under the ticker symbol NWACQ.PK, and preferred stock of the company will be cancelled for no consideration and therefore the company’s stockholders will no longer have any interest as stockholders in the company by virtue of their ownership of the company’s common or preferred stock prior to emergence from bankruptcy.