Replies to post #694 on ENER 1, INC. (fka HEVVQ)

[maddawg2020]

In BK the common shareholders lose everything.
That's just the way BK works.

[THEBROKE1]

this from the 8k.they may be taking the company private the 8k is below read it for yourself

so be very careful they are calling for them to emerge next week.dont be like me and let greed get the better of you. come monday you better let the rest of the shares go even if it is at a small loss or take a chance on it dropping to nothing

Upon the Effective Date, as a result of the termination of the Old Common Stock and the other actions undertaken in connection with the consummation of the Plan, the Company will become privately held by fewer than ten shareholders of record. As a result, and as provided in the Confirmation Order, the Company intends to file a Form 15 with the SEC pursuant to Rule 12(g)-4 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), promptly after the Effective Date. The filing of the Form 15 will immediately suspend the Company’s reporting obligations under Sections 13(a) and 15(d) of the Exchange Act, including obligations to file Forms 10-K, 10-Q and 8-K.



http://www.ener1.com/investors/investors/sectext.php?id=0001144204-12-012730