Beacon Power Corp. (fka BCONQ)

[BBalls-N-CowTown]

Have played BK's before. To get a good outcome for stockholders, for survival of equity and fair determination of equity, an equity committee is needed so that stockholders can be represented in the bankruptcy process. It requires proof that there is stockholders equity, and then they have lawyers appointed to protect it and shareholders interests in the bankruptcy process. Without it, shareholders equity ownership, will be wiped out in chapter 11.