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Re: davidsson10 post# 1281

Tuesday, 06/04/2013 11:43:54 PM

Tuesday, June 04, 2013 11:43:54 PM

Post# of 1307
That's what I'm thinking. If this ticker isn't off the market Wednesday June 5th (the third business day since May 31) then something is fishy with the reorganization plan. Anyone still holding tonight should expect their shares/share value to be at $0 tomorrow morning. If not, and for some reason this thing is still trading, it might get crazy.

"On May 31, 2013, the Company issued a press release confirming that its prepackaged plan of reorganization, approved by the U.S. Bankruptcy Court for the District of Delaware on May 13, 2013, is expected to become effective within three business days."

Is it possible that it opens tomorrow?

If so, can it be cancelled anytime during the trading day?


If it opens, I can see a high probability of it being halted at anytime and subsequently cancelled before the next trading day, which is even scarier.

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