Exactly! As Hotdog said....why did they just hire 4 new Board of Directors on the same day the IRS was taken care of? We have 4 new people that want a paycheck from QSGIQ, and KruseCom has the same address as being used by QSGIQ (or something like that! Straighten me out Hotdog! lol) They are screaming at us at the top of their lungs that Krusecom will R/M through QSGIQ without actually being able to say it!
of course the existing common can be revoked... the current board can just issue themselves stock in the new entity to retain their majority and current commoners get nothing or very little.....very risky to believe common shareholders will get anything in a plan of reorganization