Positron Corporation filed a plan of reorganization with related disclosure statement in the US Bankruptcy Court on March 6, 2017. As per the plan filed, Administrative Expenses, U.S. Trustee Fees, Professional Compensation and Priority Tax Claim will be paid in full. The Litigation claim of Tradex will be paid in full in the amount of $0.13 million from the sale proceeds of Westmont Real Property. There are no Secured Claims with the possible exception of governmental units whose claims possibly are secured by statutory liens which otherwise are treated as priority claims. Priority Unsecured Claims of $0.04 million will be paid in full in equal monthly installments over a period of 36 months. Small General Unsecured Claims (Convenience Class) consists of small creditors with claims of less than $1,000. The holders will be paid a one-time lump-sum payment of $100. Holders of General Unsecured Claims of $0.99 million will receive a pro rata distribution of total of $0.05 million. General Unsecured Claims — Insider Notes comprises of certain insiders of the Debtor holding various promissory notes or other general unsecured claims against the Debtor are in the amount of $1.14 million. The creditors will be given the option to convert their notes to equity in the reorganized Debtor, which conversion shall occur at the historical conversion rate of a 45% discount of the current price of the stock. The Plan provides that all equity interest holders will retain their shares of stock in the Debtor. The plan will be funded from cash in hand and sale proceeds.