Common shareholders do not lose their shares. They have to wait until the Q is added on to the end of SUNE = SUNEQ, than the shares will be given back to their brokers to place back into the shareholders account. The halt is lifted and trading resume until Sunedison comes out of bankruptcy. It could take months even years for the bankruptcy judge sign off on Sunedison. The trading will continue until then. The company will resume business as usual with the creditors hanging over their heads.
The creditors and Sunedison will have to come up with an agreement to settle the debts the company owe. This is sometimes pennies on a dollar. No the creditors does not get all the money back that Sunedison owe them. this is the process of filing for a bk is to get the creditors off of your back so you can reorganize your business with a new business plan and protect most of your assets. Yes Sunedison will have to paid the creditor some of what is owe, but not the whole kettle comboo.
Until the bankruptcy judge sign off on Sunedison Chapter 11, trading will continue to take place on the OTC market. Once the judge sign off then Sunedison is given a new trading symbol by the market, than the common shareholders shares might or will become worthless, but not until then. Like stated earlier this could take months or years, but it is not going to happen today, tomorrow, next, or next month. Maybe not next year. And these are facts.
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