~ XOOM, Yes That Is Correct', HOWEVER There is An Important Distinction ~
... At WMI's Plan 7 Implementation (03/19/2012), ... the initial issued shares of the new company WMI Holdings Corp, were issued to those class owners that properly participated in the ratios as revealed' ... all of that was 100% accurate ...
... BUT THAT IS WHERE ANY CONNECTION ENDED ... (actually it ended one day after the Plan 7 implementation on 03/20/2012)
... The Releasing WMI Common Shares then converted and the WMI Preferrds were separated / individualized / class specific ...
the WMI preferreds were obviously issued their shares of the reorganized WMI, (WMI Holdings Corp), ... but again, That Is Where Their Connection To The New Company's Common Shares Ended' ...
AZ