New common stock is being issued. The current shares are not staying in tact, and since you are getting a little more than 30 cents for your current shares, you will LOSE MARKET VALUE if you hold until the end.
Dude... i said nothing to the effect that the shares are actually worth 30 cents... I said the first iteration of a very POOR POR puts it at 30 cents... it is a DRAFT, a first cut by the debtors, and one that WILL be contested by our very STRONG EC. Low balling was to be expected. Now we fight for what is FAIR for ALL stakeholders (Got that Rogerson??!)
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