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Re: Oberthal post# 540583

Monday, 10/08/2018 12:55:20 PM

Monday, October 08, 2018 12:55:20 PM

Post# of 730494
You then obviously understand why old WMI Commons and Preferred shares and ALL their respective documents had to be cancelled.

To legally allow Commons to receive a distribution before the higher priority Preferred were paid in full, all former shares and contract documents had to be voided.

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, all Common Equity Interests shall be deemed extinguished and the certificates and all other documents shall be deemed cancelled.

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