The only issue is the same one facing the OEC plan is FMNPQ. However, if the plan and disclosure statement gets approved for solicitation, it is the ONLY real option for these holders. The ability to trade shares will help get votes. I think there is a good chance that the OEC will withdraw its plan and support the NWA Plan.
There will be a tremendous shift in ownership going forward with risk arbs buying the few remaining shares from private investors - buying votes - to get it to confirmed.
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