InvestorsHub Logo
Followers 559
Posts 23793
Boards Moderated 0
Alias Born 03/06/2009

Re: Value_Investor post# 366

Tuesday, 11/29/2011 10:59:36 PM

Tuesday, November 29, 2011 10:59:36 PM

Post# of 465
At the moment i do not know if or when the commons will be cancelled.

As a result of the
Equity Investment and the Equity Conversion, on the effective date
of the Plan (the “Effective Date”), the Plan Sponsor will own 100%
of the reorganized equity in the Company (the “Reorganized
Equity”) ...

(f) Holders of Equity Interests in Corp. – All existing equity
interests (including common stock, preferred stock and any
options, warrants or rights to acquire any equity interests) of
Corp. will be cancelled.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.