With that said, they are going to use the shares as a payment mechanism so how they do that will be up to the BIG MONEY highly educated financial professionals.
do you feel instead of CASH to escrows they will give a piece of that 3.5 billion shares as payment to escrows ??? say ever "1" escrow shares you get "10" more WMIH shares as payments???what say YOU ???
LG, question? Do you still think this will happen in 2015? Do you think share swap theory will happen this year before employee claims are settled? Cause I dont think there will be any kind of distribution until after spring 2016 if employee claims dont get postpone again.....
Also I have a problem letting other people decide what to do with my share of the money
...or they simply want to have enough authorized shares for the next N capital rises in the next 20 or 30 years so they do not have to request new authorized shares each time. Isn't that the most obvious reason?!?
diamond, there is no doubt in my opinion that the newly authorized 3.5 billion shares is MASSIVE by anybody's standards.