InvestorsHub Logo

Royal Dude

08/04/15 2:42 PM

#431361 RE: Boris the Spider #431360

You mean issued they are already authorized

the_pyramid

08/04/15 3:04 PM

#431368 RE: Boris the Spider #431360

In other words, no conversion of Series-A, Series-B and the Warrants, because no common stock is left and no acquisition will occur...?

nranger

08/04/15 3:34 PM

#431371 RE: Boris the Spider #431360

"WMI anticipates a share price of $3 soon'

Who says. We were up .15 this morning, now up .01. And if it ever gets to $3 it won't hold unless they do M+A and they say that may not happen until 2018.

diamondguru-one

08/04/15 8:14 PM

#431427 RE: Boris the Spider #431360

now take that one step further...every $1 billion dollars is .25 per escrow share...$10 billion dollars is $2.50 "OR" 2.5 shares per escrow....now 2.5 shares for each escrow X say $3.00 = $7.50 per share or "1 TIMES VALUE" wamu was....hmmmm imho

we might see 2.5 shares per one escrow share....jmho

and all value goes back to WMI...

1.2 billion shares converted...and I believe there was almost 200 million shares else where...so 1.4 billion in escrows X 2.5 = 3.5 billion shares !!! Hmmmmm


just my opinion !!


boy I love my escrows so much today...