I'm no expert, but with things the way they are right now, and the ecomomy in shambles, I would think they would do whatever they can to avoid 'cancelling' the common shares. Too many people are loosing money, in the markets in general, and I would think/hope that since this is a unique situation, and the market is on the brink of collapse, that everything possible is being done, by the powers that be, to protect ALL shareholders involved. Of course, I could be wrong, though.
"No Hour Of Life Is Wasted That Is Spent In The Saddle"- Winston Churchill
"The outside of a horse is good for the inside of a man" (And Woman!)--Ronald Reagan
All of my posts are my opinion, only.