News Focus
News Focus
Followers 9
Posts 4746
Boards Moderated 0
Alias Born 11/14/2016

Re: ron_66271 post# 545841

Wednesday, 11/07/2018 2:03:39 PM

Wednesday, November 07, 2018 2:03:39 PM

Post# of 749756
It is good news but I see nothing that says that the experts are right because we all expect this sooner or later.

So the judge ordered that all claims are dismissed and WMILT is free to distribute the money in the dispute reserve. Which means that 40M is now free to be distributed. And potentially all remaining COOP shares held in the reserve will be also distributed. Then the Escrow CUSIP will be deleted once and for all and this will conclude all discussions about its meaning. But don't worry we will get LTI instead.

So my guess now is that PIERS will be paid in Feb along with escrow getting paid with 40M first. Between now and Feb, escrow will receive LTI for 40M with the rest sent out at a later date.

Now in your post, you now concede that the judge ruled the whole thing. And POR 7 is her most important ruling. There is nothing that is outside POR 7 and WMILT. End of story.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today