Washington Mutual Preferred fka WAMPQ

[jhdf51]

Yes this is the biggy. My concern about further diluting common and/or P's which would not make me a happy fella.

5) DimeQ is a huge wildcard. IGNORE THIS FACT AT YOUR OWN INVESTMENT PERIL. Depending on how it is placed (as debt, or as equity) means either reducing the value of everybody, or just NewCo commons. This is HUGE. I can’t speculate further on what the court will do, or what the new mediation including DimeQ will do to this. But this ought to be on anybody’s radar as a huge unknown.