As previously reported in a current report on Form 8-K filed on March 16, 2011, on March 15, 2011, Javo Beverage Company (the “Company”) filed an amended plan of reorganization (the “Amended Plan”) with the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).
On April 28, 2011, the Bankruptcy Court for the District of Delaware entered an order confirming the Amended Plan under appropriate sections of the Bankruptcy Code. The effective date of the Amended Plan is anticipated to be on or about May 13, 2011 (the “Effective Date”). In accordance with the Amended Plan, no value or distributions will be provided to the Company’s existing holders of preferred stock, common stock, warrants or any other form of equity interests, or claims arising from or related to the foregoing equity interests, on account of such interests. On the Effective Date, without any further action, all common stock, preferred stock, warrants, and any other form of equity interest will be automatically cancelled and extinguished. Also on the Effective Date, the reorganized company will be a “private” company and will not be subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
A copy of the Confirmation Order is filed herewith as Exhibit 2.1. Further details may be accessed at the Company’s restructuring website, www.kccllc.net/JavoBevCo. No portion of this website is incorporated herein.
These "Q" are like playing "Russian Rulette"
Unless you do proper >>~~~~~~~~~~~~>DD<~~~~~~~~~~~<<
More serious DD is honestly needed with them, to protect shareholders...this is just another DISATER!!
People can almost accept when they buy a stock, and it goes down 20-30% 40-50% 60-70% BUT DANG!! to loose 100% just aint right!
I feel sorry for the ones that got caught when the mussic stopped and ALL their money gets eaten up!
but that doesnt do much when people lost alot of $$$$ here!
(((( MOST IMPORTANT THING TO FIND OUT IN BK"Q" STOCKS IS= ARE THE COMMON SHAREHOLDERS SAFE))))
THERE ARE SOME GOOD BK BOARDS ON IHUB... PEOPLE NEED TO DO MORE REAL DD, AND LEARN FROM THEIR MISTAKES... THIS HAS BEEN HAPPENING WAY TOO MUCH AS OF LATELY!!
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