Ed Dantes:
First of all I want to thank you VERY much for taking the time to organize your well thought out ideas down and PM them to me. I do not have PM, so I will be careful in what I say. I want to also say I feel you have an excellent grasp on what is going on and your summation on ASSUMING POR 7 will fly is “SPOT ON” in my knowledge and thought process. The only caveat is another gamble within a gamble, if you will. That being if there is a successful Writ of Mandamus filed with the court taking the power of equitable mootness away from this court which SHOULD happen, but as we know the CRIMINALS get ALMOST everything they want, so who really knows for sure? So to your point on commons, it would be silly to hold these especially at 30 to 1, the commons would be trading at $1.80 per new share at six pennies a share and WAMPQ would be trading at $1.00 a share if they are roughly 18 to 1 with WAMPQ trading at say $18.00 a share. So the bet within the bet is 'on' for now, will there be a “stay” or not?
My intuition says that TPS is not going to quit at anything other than SOME justice and with DIMEQ/TPS’s contacts, it would seem TO ME that they should have the power to find somebody higher than Walrath and her Delaware system to get a stay put in place, but I honestly do not know. With the Kmart/Sears scam that happened, I also have no doubts that SCOTUS passed the Stern decision because of how corrupt Delaware system has become. This to me, was a warning from SCOTUS and it would also seem that SCOTUS would have to be very irritated at Walrath flipping SCOTUS the middle finger telling them that Stern and other laws mean nothing in Delaware. I would think they would love to sign a "Writ" or some sort, but again, I do not know. As Yanik would say, "own all of these securities" in the event something better happens and that is also a smart play. I will also say that overall WAMPQ is the best play but if there is a “stay” won, then I could see the commons run.
