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Re: Roach58 post# 340004

Friday, 10/14/2011 4:34:09 PM

Friday, October 14, 2011 4:34:09 PM

Post# of 732187
Guys need to remember, this is not like one of those "stinky pinkys". This use to be a "Big Board" stock that will be back on a major exchange after it emerges from BK Protection.

R/S's are usually dilution machines in the Pinks, however, this will not happen to WMI2. WMI2 has a lot of potential from the get go.

What is going to happen is new shares as in NEW CUSIPS (based on a ratio of old stock or debt) are going to be issued to the new owners of WMI2 post BK, not a R/S.

Do not worry about an R/S here... it is not going to happen, especially while in BK. There is no reason for it.

Get out of the "penny stock" mentality. If this was another PINK, then I would agree.

This R/S stuff is almost as bad asking the BK court to issues a new CUSIP number for EXISTING STOCK so traders can catch shorters of guard.

Come on guys, lets be realistic here.

This post is not directed at Roach58, just a general post.

imo

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