So apparently why our shares were not canceled was because the nominal shares holders filed suit Jan. 2016 which in result protected us!! But what's interesting is VRDT I believe once mentioned that the nominal shareholders stock might be converted to preferred shares. So the plan was to protect their buddies and screw us but it all fell apart once the bankrubtcy court got deeply involved and we were salvaged by the exact people that didn't care for us at all!(Nominal shares holders and Arch Hill) Because if there were any preferred stockholders there is a greater chance we as common stock holders would have had to submit a claim and if we didn't we could only sue for fraud after the bankrubtcy was over and I am sure it would have been futile if not ever happen and the lawyers would have got the bulk of anything if any lawyers would even take the case!! We should all feel very lucky we got anything without have to fight or pay more to eventually only to win a class action suit and lose more money! And finally Arch Hill might have agreed to cancel their shares to avoid fraud charges.
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