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Sounds good Wayne, Thanks!! That was a good play congrats!!
Thank you. I'll check it out.
loaded with shares, Unfortunately...
WMIH=BIGGEST SCAM IN HISTORY!!
Hey Wayne any good plays out there u recommend??
who cares if FDIC has not been released of any obligations in this case. Who is gonna sue FDICK??? Hedgies do not seem to care what happens here anyways...
then why te heck do we need KKR for?, to steal the loot??
LOL!! you mean 0.19 cents right??
WAMPQ = $200
WAMKQ = $5
WAMUQ = 0.19
Congrats to all that have their tickets.
Royal Flush!! is coming...
Don't, Don't believe the Hype,nononono!!
The only thing that is gonna fly in here is our money out the window...
Why? Plenty of money to be made yet. I plan to buy under 5 cents
By the time KKR dilutes us this is gonna go subpenny...
Lol new 8k showing the way forward..
Let me think who said that?
what goods are you talking about cause I see nothing but horse crap everywhere..
Who else is kicking themselves in the arse for not selling this PIG at $3..
stock has no value surprised is over$1
give me my money so I can get off this PIG!!
If true no way I would take shares I would say give me the cash and take a run for it never look back. Would be insane to keep investing here, give me my pie and let me go.
wait a little longer buy a ton under $1
Fortune favors the bold!!
so is the next distribution the last one?
I hope it goes under $1 and this POS gets delisted. This stock should had never been allowed to trade to benefit or protect original investors now you have people like KKR taking away our rightful pie and some others lined up to take away the cherry...
I'm surprised no one wants to sell this worthless stock.
what time frame?same as last 8 years..
This POS should be delisted from Nasdaq and be labeled by SEC as"CAVEAT EMPTOR", We need to inform NASDAQ and SEC to do their job right.
Companies that want to list their stocks on the NASDAQ need to meet a pretty long list of continuing requirements. Just to name a few of them, listed companies are required to:
*Maintain a share price over $1.00 COMING to a theater near you!!
Maintain a $1 million valuation for all publicly held shares
Have a minimum number of stockholders – as low as 300, but varies depending on the type of listing
Maintain a minimum amount of stockholder's equity or minimum market value of all listed securities or produce net income above a specified minimum
*Distribute annual reports to shareholders FAILED!! vague copy and paste
Have a majority of independent directors on the company's board
Have an audit committee consisting solely of independent directors
*Adopt a code of conduct applicable to all directors, officers, and employees FAILED!!
Hold an annual meeting of shareholders
*Disclose all "material news" – defined as information that would reasonably be expected to affect the stock's value or influence investors' decisions. FAILED!!
Pay annual listing fees, which range from $32,000 to $155,000
If any of these, or any other published requirements of the NASDAQ, are not met for a period of 30 consecutive days, the exchange can start delisting procedures.
Funny thing is at that ratio it turns out my preferreds and my commons would get about the same amount of money. So to me it does not matter, However I still think that is wrong for preferreds to get multiple times face value and I dont think it will happen even though it does not make any difference to me.
If it was me on the negotiating table I would of said "SCREW YOU"
So the reasoning behind your statement is we will let commons get paid at the same time as preferreds but we will get 30 times our original investment and commons will get but a small portion of what is left. Take it or leave it. LOL!!
Why do people keep insisting on unjust enrichment is beyond me. Why not take the whole pot and get a 100 times value LOL.... while common get 50 cents.
I see, thank you for your input. I hope you are right.
you guys are nutz if you think preferreds will even get five times the value of their original investment let alone 35 times value that is just ludicrous and will never happen. The 75/25 split does not make sense therefore it must be wrong I dont care if you see it mentioned 100 times. There's gotta be something you guys are missing maybe some plain common sense.
So you are saying 142B x .75 = 106B/3M shares = 35,000/share on shares that were valued at $1000, LMAO can I have some of what you are smoking please!!!
This is just a lottery ticket treat it as such...
Actually even though I dont agree with the Billions theory I still respect the research DD and time tanja AZ Don "the fashion" and others put in here. Lets not forget for better or worst they are the reason I have my escrow shares. If it was not for this board I would of lost opportunities when I first started with this stock.
True March 16 capital losses expire. Something gonna happen before then, I think it should but Im not holding my breath on that one...
I mean personally I would not have waited till the last minute to do something about it...
YUPPP!!!
Listen don't get me wrong I wish what Tanja and others are saying is true. You don't know how much I wish that but I just don't see it. there is something not right with this play. First I have been in other bankruptcies and I have gotten dividends some even in less than a year. True this is different bankruptcy but its been far too long. Second it does not take a rocket scientist to do any acquisition no matter how good or bad so I think something not kosher here and knowing the little guy always ends up with the short end of the stick Im really worried I should have sold at $3.
Now Im holding risking to lose more money after 8 years.
well you can speculate but that doesn't mean is true or that it will happen
haha the fannie rollercoaster.. I might go in in one of those dips