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Re: SissyCool post# 7662

Monday, 01/10/2011 9:43:37 AM

Monday, January 10, 2011 9:43:37 AM

Post# of 8348
Very rarely do BK companies keep the current shares. They most generally cancel the stock and reissue new stock. This is done to protect the bondholders. Commons usually get wiped clean off the plate under these circumstances.

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