Agreed..
My point is that an % should be distributed among commons. Everyone gets a piece of the pie...except for those that participated in the Company going public and staying public by purchasing the common shares...Trying to work it out in my head to figure out where I stand. Something like an 10% holding prior to the IPO being effected that is never touched, and used only as a disbursement to shareholders that held the stock for an year or more during its lifespan on the exchanges. I'm not talking about day traders, or even multi month traders.
Doesn't really matter because I have no power to do anything even if I came up with an solid idea.
Moving forward, yes MLNT is one of those stocks that very likely has the commons cancelled fast as opposed to some that trade on for months and months.
And, as the 8-K clearly states...commons will recieve nothing. They didn't even put in an vague statement saying commons MAY not recieve anything like other Companies do. Just straight to the facts.
Oh well, will keep on watch to add knowledge to my tool box...not all BK's are the same. Buyer beware
Good talk.
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