Replies to post #108736 on DD Support Board and Research Team

[SPORTYNORTY]

End of story. In every single other case whereupon there is bK, the language in the filings SPECIFICALLY DELINEATES that all commons are to be wiped out, extinguished, etc..

Here with ARIO IT DOES NOT.

For cause.

[janice shell]

I don't think so. Why on earth would anyone want to leave billions of commons alive? In what way would that constitute a responsible restructuring plan?

The idea is to leave the new funder in control. What you propose would not do that.

[nodummy]

ARIOQ - Read the court document (specifically page numbers 10 - 12 of the document or pages 12 - 14 overall - depending on where you are looking).

https://promotionstocksecrets.com/wp-content/uploads/2016/06/ABIOQ1.pdf

Class 2 Interest Holders are Priority Non-Tax Claims of which ARIOQ has none

Class 3 Interest Holders are General Unsecured Claims of which ARIOQ has many, some are scheduled to be paid out on a pro rata basis, some extinguished, and others belonging to company insiders are scheduled to get nothing

Class 4 Interest Holders are ALL equity holders including holders of both preferred stock and common stock

All equity holdings are scheduled to be retired and extinguished (in other words cancelled)