The Monitor stated the Equity (common and preferred shares) didn't have any value - and they reported this to FINRA. As FINRA has to contract the broker-dealers to cancel the shares.
"No transactions involving the shares of the Company or its subsidiaries have occurred nor are anticipated. The Monitor does not anticipate that the shares of the Company or its subsidiaries have
any net realizable value for creditors."
"As such, the Monitor does not believe that holders of equity interests or equity claims of the Company,
including shareholders of the Company, will realize any value in the CCAA Proceedings on account of
their claims or interests. The Monitor has informed the Financial Industry Regulatory Authority (“FINRA”) of this anticipated outcome."
Ignoring the facts won't make them go away.
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