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wamugold

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wamugold

Re: ron_66271 post# 569253

Wednesday, 04/10/2019 3:03:47 PM

Wednesday, April 10, 2019 3:03:47 PM

Post# of 729568
Ron how did you arrived at the $9 figure. Could you show us the math or how many shares are to be distributed in your opinion..

Quote:
LG, LG Has Referenced 75% Valuation,

regarding COOP. I think it's from a 10-K.

9/12 = .75, or 75%.

Also, the TPS Exchange-Event means that TPS are to receive WMI preferred shares. That hasn't happened yet.

IMO, TPS are due COOP Preferred shares.
Preferred; One old for one new.
Commons; One for one at $9.00. Therefore 75 cents on the Dollar.
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