Dime Bancorp Inc (fka DIMEQ)

[jmbell42]

Hey CD,

I think that, in the event of our equity classification, that might be how it works... I just can't find definitive verbiage in the POR that would support that specific case. The POR speaks about being treated Pari Passu... well, fine, but what does that mean?

I agree that your math works for me, and I think that this is very similar to a posting on the diligent investor.

I guess what I'm saying is that my Scenario (1) is most likely what you just posted... and I was a bit over the top in saying "diluted into oblivion"... I guess if the price of WAMUQ drifted way down to 0.01 or something, then our % of the pot would proportionally increase.

You make a very good point, however, and I completely agree that my Scenario (1) should be revised with your methods applied!

Thanks CD!

Jared