James Koutoulas, co-founder of the Commodity Customer Coalition Inc., a group formed to assert clients' interests in the bankruptcies of Peregrine and MF Global Holdings Inc.
I dont know why I always am right abt pps appreciation while everything that interests you is not relative to the current actions within the equity committee
One share of Plan Trust Stock, which will represent all issued and outstanding equity securities of the Company, will be issued to the Plan Trust which shall hold such share for the
benefit of the holders of such former equity securities of the Company consistent with their former relative priority and economic entitlements as holders of the Company's equity securities..
According to the POR presented all Equity Interests are to be cancelled.
Common shareholders can not vote to accept or reject the plan.
Read the POR and the Disclosure Statement to understand that equity will not receive anything at all, and have it's shares cancelled, because all classes above it must be paid in full first.
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