Read And educate yourself. http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=48421073&topic=ENERQ&symbology=null&cp=off&webmasterId=89753 Especially this part under the headingof Case Information. In my privious link. If this is not saying the commons's will be canceled i don't know what does. Based upon the estimated valueof the Company's assets and forecasted costs and operating losses during the Chapter 11 process, the Company does not expect to generate proceeds sufficient to satisfy allof the Company's pre-existing obligations to its creditors. Accordingly, unless the Company realizes greater-than-expected value from the sales process, the Company expects that no distributions will be made to holdersof common stock and the common stock will be extinguished upon confirmationof the Chapter 11 plan. I hope your getting this education.