Oceanboy,You have a shareholding in a company that is operating...

Oceanboy,

You have a shareholding in a company that is operating and hopefully, continuing to increase shareholder value and you have stock that is tradeable. The Company was on it's knees and broke,which means that the alternative was liquidation. Are you suggesting that was preferable? I understand that no-one else came forward, in the second round, with any acceptable alternative.

What % of nothing is better than 5% of something in your world? Yes it may look like you have been screwed but if ASOF did not step up when it did the company would have died well before now, they took a commercial risk.

Given that the deed is yet to be signed you may still see how much you current shareholding and stock is worth if the company is liquidated.