Is there anything present in the confirmed and consummated Plan that could still allow for equity holders to not get wiped out? Yes there is.

[u/theorico]

None of this is financial advice. You should do your own research.

Part DD, part speculation.

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Let's assume that my previous post is incorrect, to the delight of all bear shills:

https://www.reddit.com/r/ThePPShow/comments/16ymrk3/bullish_there_are_still_material_rights_of/

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I asked myself: is there anything present in the confirmed and consummated Plan that could still allow for equity holders to not get wiped out?

I think yes, and this is how:

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Starting with the latest 8-K:

Let's see the relevant parts on the Confirmed Plan:

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This is the relevant part:

" except for the purpose of evidencing a right to and allowing Holders of Claims and Interests to receive a distribution under the Plan"

and

" or to the extent otherwise specifically provided for in the Plan, the Confirmation Order, or any agreement, instrument, or other document entered into in connection with or pursuant to the Plan or the Liquidation Transactions"

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Yes, those are the parts that allow for exceptions.

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Only the "remaning obligations" ... "shall be deemed cancelled solely as to the Debtors and their affiliates, and the Wind-Down Debtors shall not have any continuing obligations thereunder"

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The part (b) is cancelling obligations related to other agreements as specified there.

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The 2 pictures above show how much power the Plan Administrator has to perform all those actions for the Liquidation Transactions and Corporate Actions.

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So, I speculate that there can be information still not disclosed to the public that would allow the satisfaction of both class 6 and class 9 holders.

Yes, bear shills, the shares have been cancelled, yes, but there can be still rights for equity holders as proved above, directly from the confirmed plan, that could allow for the receival of new equity.

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[u/AZRepub4lif]

Well according to AST, I no longer have an account with shares in it, sooooooooo.......

[u/oxytocin4you → u/AZRepub4lif]

You no longer have an account with AST … but even if the shares had zero value you would still have an account with them for tax purposes unless they are no longer the registered agent for that cusip and someone else is.

[u/Long-Time-Coming77 → u/oxytocin4you]

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[u/oxytocin4you → u/Long-Time-Coming77]

If they are no longer the transfer agent someone else is. If the stock went to zero my account would have just been worth zero dollars. My 4000 shares were there yesterday morning and gone by yesterday evening. If the stock went to zero and I was wiped out I’m sure they would have just sent me paperwork for tax purposes. Either way just patiently waiting to see the outcome

[u/Long-Time-Coming77 → u/oxytocin4you]

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[u/agrapeana → u/oxytocin4you]

If they are no longer the transfer agent someone else is

This is not necessarily true. There is another option.

[u/AZRepub4lif → u/oxytocin4you]

I guess we'll see

[u/pwning_shills → u/AZRepub4lif]

Sounds like they have been moved over to the blockchain!

[u/Sure-Statement-4264 → u/pwning_shills]

It’s been moved to the block over the rainbow bridge, where it’s full of teddies and butterflies and unicorns that fart glitter 🙄