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Re: AZCowboy post# 557991

Thursday, 02/07/2019 8:19:20 AM

Thursday, February 07, 2019 8:19:20 AM

Post# of 749756
This appears to mean that either
A: The 75/25 to the end is real and the WMILT will receive massive cash after the Bankruptcy closes, or
B: Series R preferred, aka “P” escrows are convertible to commons at some ratio, and thus will share the bulk of the estate with old commons, aka “Q” escrows.
K and TPS get their original cash and that is all...

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