Easily. When you filled out the w-9 for each security you listed the amount of shares you have at time of conversion. You then got entered into a database that used an algorithm to calculate the amount of shares you now own of the new company. Preferred (WAMKQ/WAMPQ) and commons were all converted.
YThe W-9 has all the info the company needs to reel you in when the time comes. If you"oh well". If you accumulate over the 4.5% cap, you must alert the company that you are now a majority holder and will be subjected to the rules of the courts order.
If you are a regular retail guy, your broker will handle all transactions to move you from a publicly traded stock to a privately held one. If the company is bought out, then you will have no choice, but to accept the deal the BOD and shareholders have agreed to.
This BOD has told you "this is a restricted stock" you are aware because you signed a W-9 so you could get the stock in the first place in the BK conversion process.
CAVEAT EMPOR
"Buyer Beware"
You must read the PR's.. The BOD is communicating in very subtle ways. I believe there is 26 Billion in Worthless Stock Ordinary Loss deduction. The company can be acquired for this. IMO it is what the sealed docs are all about. We will know by the EOY 2012.
Sometimes You Just Have to See the Light Thru the Trees !!!
