buxcapital, now do not worry about me and others doing very well with SHLDQ because the share structure at SHLDQ was well preserved. This more than likely was very well planned out ahead of time with plans to save the commons, otherwise as in most Bk plays the share structure would have been further eroded by raising money, hence that did not happen.
Unlike WMIH/COOP, there is no reason to do a Reverse Split due the SHLDQ well preserved share struture. In WMIH/COOP, they started with 1.2 billion shares outstanding before the share exchange event. This part will not happen with SHLDQ.
SHLDQ ONLY has 109 million common outstanding with zero preferred outstanding AND 500 MILLION authorized shelf-ready shares to be able to use at will or immediate when deemed necessary.
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