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Post# of 749756
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JohnnyWinter

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JohnnyWinter

Re: Desperado90 post# 108611

Thursday, 10/15/2009 3:21:26 PM

Thursday, October 15, 2009 3:21:26 PM

Post# of 749756
The shareholders do not own the company, they are not in control, and they have absolutely no say with regards to anything about WAMUQ right now. The shareholders used to own the old company. As it stands, all shareholders own are shares trading at .20 that represent the bankrupt company they used to own. The creditors will be the new shareholders of the new, restructured company, unless WMI wants to give away all of their cash (which won't happen).

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