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Re: nranger post# 402427

Monday, 07/28/2014 4:45:20 PM

Monday, July 28, 2014 4:45:20 PM

Post# of 727329
nranger, once we get past 8/1 and we see if and how much they pay on Piers so we should know some more. Keep in mind, Piers has money set aside for the claim whether WMILT has enough at this time is to me unknown. Piers will continue to receive monies from WMMRC as time goes on if they are not paid their capped rate of $10.51 (with no escrow shares) in full on 8/1. The Piers money has been tied up for so very long it is sad. Especially, when one considers WMIH traded between fifty and seventy five pennies for almost one and a half years.

Once we get through tranches five and six, we should know more when the money to escrow shares will start flowing IMHO. I am hopeful for this year. What is holding us up know is Walrath sent the employee claims suit to another court. Of course, it stunk up that court so bad they would not even rule on it so they sent it back to Walrath where she has been sitting on it for now or three weeks.

So when she gets her instructions from the FDIC on how to rule and when, then we will see if the claimants are going to be paid their already settled claims or not. If not then the money will flow on down the waterfall. Everything that I, others and some professionals have researched shows the escrow share account owners are going to be VERY, VERY HAPPY at some point. Of course, all in my opinion based on research and much, much more!

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