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Re: PickStocks post# 1903

Tuesday, 06/08/2010 9:13:42 PM

Tuesday, June 08, 2010 9:13:42 PM

Post# of 8307
Pickstocks, could you rephrase that question?

I'm not sure what you mean....

From your question, I would say 4000 x $0.37 = ~$1480.00, but I don't think that's what you were asking... are you asking about the conversion ratio?

There isn't a conversion ratio. We are given the pro-rata amount of the adjusted litigation recovery. So if you owned 4000 dimeq warrants then you would be worth (4000 * $2.20) = ~$8,800.00 or so (based upon the many calculations by members of this board).

Then you would divide this dollar amount by the value of the WAMUQ shares to see how many of those you would receive. Is that what you were after?

Best,

Jared

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