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Re: cashgrinder post# 103247

Saturday, 09/26/2009 5:42:20 PM

Saturday, September 26, 2009 5:42:20 PM

Post# of 749756
$13.41 Corrected Value of WAMUQ.

UltF, you are correct in that I neglected to substract the approx. $4 billion for Preferred Shareholders. The amount for The Creditors, however, is already included in the -$1.4 Bill Negative WAMUQ Common Stock Holders’ Equity. Therefore, substracting $4 billion for Preferred Shareholders (not including dividends), leaves approx. $22.2 Billion for WAMUQ Common Shareholders divided by 1.7 billion of WAMUQ Common Shares = $13.06.

The CPA on our message board might want to check my numbers.

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