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Re: hotmeat post# 479565

Friday, 06/16/2017 12:37:58 PM

Friday, June 16, 2017 12:37:58 PM

Post# of 729879
Hotmeaat,

You are one among a few of the revered posters(teachers) in this 9-year saga.

I would like to raise the following points for reference or study:
1. Escrow markers are only entitled to whih shares from the litigation escrow account, BUT not any cash distribution.
2. LTI will be issued after tranche 2-5 being done to tranche 6 releasing equity holders for future distribution if there is any.
3. The proper procedure is not about the cost to do it nor the time: it has to be done to follow what were written down black and white by the 2-month settlement agreement and the defined task of WMILT.

LTI distribution is a must to happen and there will be plenty of cash to be distributed to tranche 6 LTI holders.

(discussion of the mass amount $$$ to be followed.)
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