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Re: Enterprising Investor post# 196

Friday, 08/22/2014 6:09:18 PM

Friday, August 22, 2014 6:09:18 PM

Post# of 343

However, there is a still the possibility of the class action lawsuit moving forward. Redemption would certainly make that headache go away.

Bingo!!

W2007 Grace Enters Into a Memorandum of Understanding Proposing to Settle the Preferred Shareholder Class Action

[....]

W2007 Grace will be merged with and into a new company, and holders of Preferred Stock at the time of merger will receive $26.00 per share upon surrender of their shares of Preferred Stock.

[....]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105581841

* Congratulations Enterprising Investor!...this took tremendous ability my friend...luck is never involved double guessing actuaries and doing it with a high percentage of accuracy & success! It's truly impressive. Thank You for sharing your work!

If liabilities are greater than assets, the business is insolvent. Knowing the structure of those liabilities is where to make your money. -- EI2010

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