The Roust Plan wipes out the current shareholders. This stock is worthless.
TREATMENT OF EXISTING 2013 NOTES AND EXISTING COMMON STOCK
Existing 2013 Notes
and RTL Notes :
If the class of claims consisting of Existing 2013 Notes and RTL Notes votes to accept the Plan, each holder of (A) the Existing 2013 Notes who does not agree to the RTL Notes Purchase, (B) the Existing 2013 Notes held by or assigned (in whole or in part) under the RTL Notes Purchase to RTL and (C) RTL Notes shall receive its pro rata share of an aggregate amount of cash equal to $16.9 million.
If the class of claims consisting of Existing 2013 Notes and RTL Notes does not vote to accept the Plan, such class shall receive no recovery under the Plan, provided , however , that RTL’s obligation under the RTL Notes Purchase shall not be impacted if the Plan is confirmed and goes effective.
Existing Common Stock : Existing Common Stock shall be cancelled and receive no property under the Plan.