Even with an equity committee there's no guarantee of saving shareholder interests. CEMJQ had an equity committee, the fat cats won and the shareholders got screwed at the end. You just never know which way a judge will rule.
Fortunately, some traders bailed out long before that happened and walked away with some decent cash. :)
I don't know how Beacon is going to end up for shareholders, they're sort of in a unique position. We'll see what happens. I'm guessing they'll do alright.
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