InvestorsHub Logo

Dmdmd2020

12/31/18 1:10 PM

#553053 RE: cattop #553047

Cattop,

Per post #552978:

goodietime,

IMO...if the Ex-employee Claimants are given WMI Escrow Markers, then they will probably receive the residual unreleased common and preferred WMI Escrows Markers that were left over after the Effective Date (March 19, 2012).

I don’t know what the conversion rates would be.

Just wait until the Stipulated Settlement is publicly disclosed (I think it will be disclosed within the next week or so).



I am referring to the conversion rate of any Ex-employee Claims (total value of their Vested Equity Interests) to a possible Class 19 or 22 Equity Stipulated Settlement.

So my answer to you being affected is unknown because there will be a little dilution from recoveries per WMI Escrow Marker Holder if Ex-employee Claimants are given Class 19 or 22 claims in exchange for them to settle all outstanding litigation.

We won’t know the exact monetary impact until the Stipulated Settlement terms are disclosed publicly.

We, retail WMI Escrow Marker Holders, have no impact on anything right now...so just be patient like the rest of us.