Dime Bancorp Inc (fka DIMEQ)

[Kharybdis]

That is one conversion method that is much closer to reality and fairness than what the debtor currently put in their plan. Their theory was to first give the LTWs one share of common and then add the market caps of old Dimeq and WAMUQ to arrive at the proper sharing percentage. It is inverted from what it should be.

Believe me, we will not stand still and be steamrolled on this issue. There is no logical argument that the Debtors or the EC can make to support their conversion rate and the Court will not buy off on it either.