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Re: jhdf51 post# 69453

Wednesday, 05/06/2009 11:05:32 AM

Wednesday, May 06, 2009 11:05:32 AM

Post# of 729061
All money will go to the company, and the shares represent the company. The value of the company goes up, the shares go up. What do you think, WMI will get tens of billions and the pps will stay at .11 ?

Equity cannot/will not be cancelled just because they are in bk. They did not enter bk because they couldn't pay their creditors. They entered into the protection of the bankruptcy court because their banks were stolen.


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