See Page 1919 of the DS AKA page 45, Item 7:
Can WMI buy back their own stock?
7. Common Stock.
WMI has authorized 3,000,000,000 shares of common stock. As of the close of business
on September 26, 2008, WMI had 1,704,958,913 shares of common stock outstanding. Prepetition,
WMI’s common stock was traded on the New York Stock Exchange under the symbol “WM.”
Only 1,295,041,087 shares of Commons out there?
Would this would allow the BOD to control voting if we ever get to have an election.