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Re: wall_street61 post# 5789

Thursday, 01/05/2012 5:08:32 PM

Thursday, January 05, 2012 5:08:32 PM

Post# of 8307
Wall, do you think holders of dimeq's will have to go along with the equity plan and give up the right to sue in order to get stock in the new co?

I understand wamuq's will have to go along with the program and not sue the hedge funds. But it seems to me that dimeq's have a much clearer shot to win on appeal. In the meantime, if we got converted to new co shares at .06-.30/share, if not more, that would seem safer than opting out, getting 0 shares, and pinning all of our hopes on litigation.

Any thoughts on how this might play out with respect to releases from future lawsuits as a prerequisite to getting converted to newco equity?

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