Excellent point of view, and makes lots of sense.
I was not going to (and will not), return my ballot for my 15,000 DIMEQs.
My wife was going to return hers (2,500 voting DIMEQs as of Record Date), to accept 100% payment in stock, but given the information you have suggested, I am going to ask her to re-evaluate.
I would be tickled pink to take 100% cash if/when we get bumped up to Class 12, and let the others K-Mart the hell out of this carcass.
A bird in the hand vs. 2 in the bush. I'll take my bird in my hand (although I am a big fan of some bush).
If Rodent had his way, we'd all be getting the finger - you just made our decision easier: NO WAY IN HELL THAT MY WIFE AND I WILL BE GRANTING THESE CRIMINALS ANY RELEASES.
I don't care how compelling the new common stock is, I will not be giving them "a get out of jail free card." Some of the Hedge Funds may be needing these REALLY bad.
And I don't mind making them pay for it. Double-entendre very much intended