JWW this has probably been asked before but when we released did we agree to accept shares in a company we didn't ask to invest in? Please forgive my ignorance here.
Say there is enough assets that when sold will yield me $1 per released common. But instead of my 1 dollar they give me a share of wmih. Because there is suddenly a mass of shares issued the pps drops to .50 before I ever have the ability to sell.
They forced a loss on me.
I agreed to release to get back whatever dollar value is left. Not to have them decide I would invest in a losing stock in a company I don't believe in.
That seems wrong to me somehow like it wouldn't be legal.