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Renee

07/09/13 11:33 PM

#315 RE: Regatta #314

When a BK Judge cancels any series of equity / stock the stock no longer exists.

New equity belongs to Secured Creditors and any other approved claimants and stakeholders, but owners of the cancelled stock equity have no entitlements to the new equity unless otherwise stated by the BK Judge.

For BVTIQ shareholders there were no entitlements for any of the new equity.