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JusticeWillWin

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JusticeWillWin

Re: mordicai post# 499774

Monday, 12/11/2017 3:52:21 PM

Monday, December 11, 2017 3:52:21 PM

Post# of 727813
They talk of a floor of $0.85 for a "coupon in common stock", so I think they presented this document to the series B holder at the at the beginnein of November, when the PPS was around $0.85, before the big drop to $0.61 happened.

Here is the corresponding chart: http://schrts.co/5ZurGq

IMO the drop to $0.61 was caused by some series B holder ====> insider trading

I am thinking that since Nov 15th was when wmih sp started going up that the proposal was given to the Series B then. Probably because of all those millions of shares transacted after hours on Nov 30, the terms of today's announcement were agreed to. Then until fridaythe lawyers were drafting the documents. jmho.

 

  
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 -    Just my personal opinion, no investment advice!    - 
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