Dilution of What? Revoked Stock?...
Sure, those revoked shares might be considered, "unregistered."
But, not by the SEC.
The major thing - being REVOKED - means cancelled and worthless.
Know of any revoked shares coming back to benefit holders?
Revoked shares never get, "re-registered," by reorganized companies.
The Crystallex revoked shares are cancelled, gone, worthless.
Sure, there are claims that private trades can happen. But, the claimers will need the physical certificate ($500 plus crazy pass through fees), and then there are the trade fees for manual handling such a purported private trade, which are just as crazy...
"... the clearing of these positions can carry significant pass-through charges to settle the trade. Trades in these securities may carry with them some or all of the following pass-through charges: Execution Fee-$7.50, DTC Fee-$80.00, Deposit Fee-$75.00, and a New York Window Fee of $34.00. Additional pass-through fees from Transfer Agents ranging from $25.00 to $500.00 can also be associated with these securities."
So, the purported private trading of the worthless paper is possible.
Yep, broker/dealers take the money of willing traders, even for worthless paper.
However, claimers have to find a broker/dealer willing to break SEC regulations.
Crystallex will issue new equity in CCAA Plan of Arrangement/Compromise.
The rumors of revoked shares still having any value or worth, is hopium.
One last time for Crystallex to "punk" shareholders.
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