IF it was a cash transaction, one can bet that the funds were raised through GEI, not QASP, and those providing the cash will have first lien on any proceeds or assets.
Then if anything is left, the debt holders will claim it even before the pref A's will take 6/7 of the left-overs and those buying Q commons will get 1/7 of what's left, if anything.
There's just NO WAY Q commons can be construed to be any kind of investment. They're strictly P&D flipping material.