~ The Class 19's Are Not Capped ~
I have never used the term "Capped" ... Never' ... Not Ever, when referring to the Signed Confirmation Order, Point 8 & Point 9, or (qqq) and (rrr) in the Approved Plan itself'
as presented, the deeper research of the eventual distribution process needs to remain literal to only the actual wording as purposely placed within relevant documents' in each and every discussion ... the documents are specific and address all issues moving forward' ...
more than a few times, there has been an improper reference to my study of the allowed distribution mechanics and the class 19's as being ... "Capped" ... I have NEVER used that term, simply because that term - DOES NOT - apply' ...
after a participant begins to acknowledge that only' WMI (the parent) Reorganized, ... and that only' WMI's actual Q' reported Cash on Hand was utilized to eventually complete its settled reorganization ?, then, and only then, does the full process begin to make sense'
after deeper study of WMI Investment Corp, ... my study of the Confirmation Order and the Plan, lead me to the documented information, explaining that the 75% / 25% simultaneous distribution between a Class 19' and Class 22' was LIMITED to a ... RE-Distribution ... of what is and already has been, considered to be an - Interest - in the WMI Liquidating Trust' ... (basically, any LT left overs) ... and of course an initial consideration of the new company shares issued at the Mar 2012' reorganization
as stated in the Plan, Class 19' is to also' receive an "accrual of interest" associated with their ultimate return' ... But Again, They' (Class 19) are NOT "Capped"
... The people have been hypnotized to an unbelievable and purposeful level, to focus merely on the LT' ... my 75% / 25% deeper study of the actual process, was the tipping point to the realization that the ... Distribution Mechanics Flow Well Beyond The Lifespan of this' LT ... which of course, NO ONE was ever expected to ? or supposed to figure out'
The monthly accumulated Cert produced income returns are Real' ... now ? they have been accumulated and warehoused on behalf of the original estate, for some 101 months' ...
AZ
