If I was a "creditor" I would say HECK NO! And as a "stockholder" I say DARN NO!. PCX should put together a plan to pay back these creditors from future earnings (and reduced hqtrs salaries) year after year. And they should have to pay back all the bonuses. And they should not be allowed to eliminate stock from shareholders. This is America and Americans are tired of getting the shaft(s).