What now?, page-6

If you're trying to ask what happens to the money YOU hold in your brokerage account - as several posters mentioned, that value of what looks like is your money, goes to zero. Because the shares are no longer publicly listed and publicly traded, it is no longer "saleable". Perhaps you could see if you can get some private buyer to buy those shares off you? Not entirely sure that it's possible.

If you're asking about what happens to all the money in the company, if there was any cash it would be used to pay off debt holders first (whoever lent money to the company). Then it would be used to pay off the legal fees, administration fees. Or perhaps that comes first before debt holders? Either way there will be little to no money left to repay equity holders (common shareholders like us).

I have not followed BIG ever since I made the decision that I couldn't understand the business therefore I wouldn't invest. It makes for interesting reading, but I feel for ALL the shareholders that have been badly burnt.

Use it as a lesson, I find the harshest lessons are the easiest to remember, and you'll never make the same mistake again. Good luck with your future investments.