EVOQ Properties Inc.(fka EVOQ)

[Enterprising Investor]

It's really no different than politics.

Candidates spend large sums of money during the last few days of any campaign - win or lose. The bankruptcy process also has its "election day". Only one thing really matters for each plan - maximizing the number of shares that support your plan at any price.

Shares can either be held or sold after the record date. There is some risk in not retaining shares until the plan is confirmed (see FMNTQ/SGGH).