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Bluesea387

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Bluesea387

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Monday, 05/27/2013 1:56:13 AM

Monday, May 27, 2013 1:56:13 AM

Post# of 893
Existing common stock
Sorry in advance if someone has already posted this thread
but I was wondering what they meant by Exisitng common stock will be extinguish, and no distribution will be made to holders of the company's current equity. New common stock with voting rights will be issued to current noteholders and Ad Hoc DIP lenders.
Im farily new to stock, and I had purchased previously SCHSQ and still holding onto it...
does this mean that I will loose all my money on this stock
Thanks for any tips and advice
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