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pennyexpert247

08/05/12 10:08 PM

#55404 RE: ToyotaMR2s #55396

What's the deal with onavq?

pennyexpert247

08/05/12 10:16 PM

#55405 RE: ToyotaMR2s #55396

Because the Plan does not propose to pay Omega's unsecured creditors in full, Chapter 11 does not permit a distribution to current shareholders. Accordingly, the Plan contemplates that Omega's current shareholders will not receive or retain any shares or other distributions on account of their equity interests and that Omega will emerge from Chapter 11 as a private company no longer subject to public reporting requirements.