Seet The Previous Post #401627 By Large Green for his basic assumptions (and logic). As he said, "it's simple math". (LG didn't want to do the math for you because he knew that it (the correct (answer) would probably "blow your mind".
My previous statement used 1.7 billion common shares, the total WAMUQ shares outstanding which is incorrect.
Only 1.4 billion shares(WAMUQ) signed releases and received escrow shares. The statement should read:
"In summary, the Trust escrow shares would have to receive $10 billion total for the Preferred ($7.5 billion) to be made whole. $2.5 billion of this $10 billion would go to the common. $2.5 billion / 1.4 billion common shares = $1.7857."