The court approved the plan on September 13, 2016. This starts a ten or eight day time period for anyone to file an appeal of the confirmation of the plan. Once that deadline passes, around Friday, Sept 23, 2016; the court will enter an order for the effective date of the plan. At that point it is all over for the existing common shares.
At that instant the stock will be wiped out and trading will be halted, never to restart again. This trading halt could even come in the middle of a trading day, as it has with a few other companies in similar situations.
Unless someone files an appeal of the entry of the plan, the existing common shares will never open for trading on Monday, September 26, 2016.
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