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DDMKIK

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DDMKIK

Re: Madclown post# 60771

Friday, 06/18/2010 6:06:03 AM

Friday, June 18, 2010 6:06:03 AM

Post# of 67237
I have never posted on Ihub but I have been watching this board for some time,

I couldn't get my hand on the POR itself but in the REUTERS statement they say:

"Once the reorganization plans become effective, New Chemtura will issue up to 100 million shares of common stock to its debtors, court documents show."

Doesn't this mean a dilution of an extra 100 million shares and a total amount of 343 million shares?

This is around the expected 50% dilution?no? Correct me if I am wrong but I do think it is already a milestone that our counterparty (creditors and debtholders) admit that there is value for shareholders.

Looking forward to the opening bell and the EC POR
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