Here are the links and screenshots that tell the truth....not some vague 'email from the company' that just says look at the POR and DS but never says anywhere in that email that common shareholders will get anything.
What it does say is look at the POR and DS.....and that's all it says.
So let's do that....
According to the Plan of Reorganization and Disclosure Statement all Equity Interests ( Class 9A) are to be cancelled.
Common shareholders can not vote to accept or reject the plan because they will be cancelled out and have no financial interest.
Class 9A Common Interest shall receive its Pro Rata Share of Holdings Ltd.’s Available Cash remainingafter all Allowed Claims in Classes 4A, 5A, 6A and 7A and Allowed Interests in Class 8A have been satisfied in full pursuant to this Plan, consistent with such Holder’s relative priority and economic entitlements in the Plan Trust Stock
Then review the Disclosure Statement for the range of estimated recoveries. Pay close attention to Class 5A and Class 6A.
The Plan Proponents currently do not anticipate there being any recovery to Holders of Allowed 7A Subordinated Claims, Class 8A Preferred Interests, or Class 9A Common Interests,
Now look at 'Estimated Recovery' percentage from the DS for Classes 5A & 6A....
AI
