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MOTORS LIQUIDATION Message Board

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  • webuchadnezzar_reva webuchadnezzar_reva Jan 14, 2011 8:30 PM Flag

    Updated GM ownership

    <<<<5 billion shares and 2 billion preferred! Double what was previously authorized and over 3X current outstanding shares. Think there will be some dilution?>>>>

    It's clear that there will soon be billions more shares issued.

    But look at the bright side....once New GM starts reporting consistent losses, the loss per share will seem smaller with more shares.

    -web

 
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