yes, you read my post correctly!.....WMI converted the preferred to commons, and as a "cure" for insider trading WMI created the 200 million shares from the values of the 6 trusts that were liquidated, as well as the contents of the WMIIC to give to shareholders and preferred holders...the common and preferred were then cancelled and extinguished, and ALL RIGHTS TO DIVIDENDS ARE NULL AND VOID!!!!!!!....I posted this from the documents a zillion times but only got villified and laughed at by Bizreader and you guys....it pays to read the documents like I have been telling you...now, read the documents and find it for yourselves!!!!!!....Lodas