Olti It really should be BOBVIOUS by now that the APR no longer applies here.......... Share distribution were done 150 mill to preferds and 50 mill to commons, 75%/25% right and it will CONTINUE to be so imho all the way to the end, even if there is a S4V swap preferds would get new preferds for their 150 mill shares(so not to add further dilution) and commons will get their 50 mill shares. As with cash in the registry accts ect 75/25 again imho
plain and simple stpuid the way I look at it 75/25 IS HERE TO STAY and has so far been proven or shown to be the decided payout matrix
Cash and shares were already done this way once to test the DTC's system and done once with the distribution of the WMIH shares 75/25 or 150 mill to preferds and 50 mill to commons