QSGI, Inc.(fka QSGI)

[Snomm]

All I can find is that companies can dilute shares as part of the restructuring plan, but not until after they officially exit bankruptcy since it would be to raise capital to pay off creditors for past debt.

There is going to be a R/M with Krusecom which is a multi-million dollar business...supposedly (never looked at their financials)...so there is a possibility of no dilution and just using operating income / reinvested net income / preferred shares (convertible to common after a specified time), to pay the debts.