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Re: rocco2 post# 14120

Thursday, 01/09/2014 2:07:01 PM

Thursday, January 09, 2014 2:07:01 PM

Post# of 36853
It wont happen.

The total number of shares to AMR stakeholders is 544 million

They have given out.

25 million to the union
26 million to AAMRQ shareholders
10 million first optional distribution
40 million first mandatory preferred distribution
52 million to AAMRQ shareholders
__________

153 million shares.

That leaves 391 million shares.

To get a 1:1 AAMRQ shareholders would need to get 316 million of those shares.

Wont happen since the double and single dip still have 115 million to convert.
The union is owed more shares too.

Wont happen but you can dream.

JML
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