Dime Bancorp Inc (fka DIMEQ)

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Brutus -Correct! Do you understand item 3? I can't get a good explanation. By choosing runoff notes in lieu of cash, are we giving up cash from class 12? I want the 5 cents or so from class 12, plus the 8.77% of the equity 30% or whatever portion of new stock. Any idea what to fill in on the form? Kcc was no help.

I have to read the plan sections referenced on the form. I just noticed the long paragraph above the item 3 box is one sentence. It's incomprehensible.

My inclination is to opt in and nothing else but I have to read further.

It also seems that at 5 cents these may be worth buying.

And you are exactly correct. Another portion of the plan states that the cash will be set aside and on three month intervals the debtor will attempt to contact holders.