Washington Mutual Preferred fka WAMPQ

[JoePick]

I"m excited to say that I'm glad this morass has been settled.. Finally we can move forward with 70% ownership of NEWCO. Remember the settlement noteholders wanted this new company for a reason. Yes that's right it's long term value and now we own this company with out them. It's not exactly what I was looking for as a preferred owner, I was expecting some cash and new shares but it's the best deal we have and lets move forward in positioning this company as a viable and profitable entity.