W2007 Grace Acquisition I, Inc. (fka WGCBP)

[Olddogcfo]

The guys at Goldman are some of the smartest and craftiest around. Also need to take into account the willingness of plaintiff attorneys to be paid to go away (they are not genuinely concerned about those they represent, only about getting paid). No mention in the MOU about accrued dividends (seems that if they were going to be paid it would be stated). The MOU references proposed amendments to the preferred charter(I'm guessing the elimination of accrued dividends). These four elements strongly suggest to me that there will be no payout of accrued dividends.