Well, hard to say. I believe that Dimeq is equity, but they have a creditors claim because of a breach of contract. So that claim should be placed in the Class 18, because it really is not debt, but a claim from an equity. That is the way I see it.
As for the PPS rising, I assume you mean commons. I do not think it will rise much (or sustain any gains) if Dimeq is classed as 12 or 18, because the market is factoring above what commons are worth, i.e. 3.5 cents (0.035). Market has not factored in Dimeq dilution.
If Dimeq classed as 21, then commons should have downward pressure.
This also answers rockie's Q.
This an opinion.
News 
Market Data 
Discover 
