Like bankruptcy stocks but...
Not this one, because of the below filing.
In addition to the restructuring of long-term debt, the claims of Ener1's general unsecured creditors will be unimpaired and paid by the Company under the restructuring plan. Under the plan, all of the Company's existing common stock will be canceled, the long-term debt holders will be receiving a combination of cash, a new term loan and new common stock in exchange for their claims, and new preferred stock will be issued to the provider of the post-petition and exit funding. Suppliers to the Company will be paid under normal terms for goods and services provided after the Chapter 11 filing date. Payments for goods and services provided directly to the Company prior to the filing date have been previously settled or will be paid pursuant to the restructuring plan when it is approved by the Court.
