Monday, August 21, 2017 12:31:08 AM
Az has a way of playing the I KNOW SOMETHING YOU DON'T KNOW and I am attempting to ferret it out!!!!!!!!!!!!!!
Without coming out and saying it PLAIN and SIMPLE,I think HE is alluding to two TOTALLY DIFFERENT PAYOUTS HERE!
And thus his reasoning for the 75 25 deal AND only with assets from the wmi bk case, but not for the entire return of assets NOT IN WMI name nor control.
IMHO ONCE THE BK is finalized and over ANY AND ALL OF THE PAY OUT MATRIX goes POOF GHONDI!!!!!!!!!!!!!!!!!!!!!!!!!!!
IMHO it was only put into place IN CASE there were not ample funds to pay to the top or face, and IMHO if there is a tad more it goes to common,BUT IT AINT GONNA BE MUCH!!!!!!!!!!!!!!!!!!!!!!!!!!
The bulk of what we hope to return here IS NOT GONNA BE FROM THE BK CASE,it will be from safe harbor assets NOT PART OF nor under the jurisdiction agreements """CONDITIONS"""of the BK CASE at all!!!!!!!!!!!
The balance then needs to be BOUGHT and with the COMPANY strapped for cash they do it with shares.
In short any of the SAFE HARBORED assets that may have been accumulating cash ARE NOT ACCUMULATING THAT CASH IN WMI's name or it would have been part of the BK case itself as an asset.
Only assets shown and named within the BK case IMHO will be used with the 75/25 crap,after that and where we believe the bulk of the money is,they will have to get creative as to how to buy those with a stock swap.
CONDITIONS OF A BK only apply to the BK as long as the BK is ongoing,ONCE IT's CLOSED POOF GHONDI!!!!!!!!!!!!!!!!!!!!!!!!
Once a company exits BK nothing from the BK(conditions) can control nor dictate how or what a company can or will do.
Most here feel WMI had limited assets when IT filed BK, since those were safe harbored and transferred ONLY HRs before WMI filed THEIR BK
The legacy assets ALL STILL COME back to us, ESCROW!!!!!!!!But they have to pay in shares to get em
Remember the JUDGE's POSIT 10 bill and exactly WHY the commons were allowed to play, imho she KNEW LITTLE was in the estate and had been safe harbored, so from all she COULD USE in her decision is WHAT COULD BE SHOWN in the estate,but she suspected more was there, and that is why WE ALL GOT MARKERS, JUST IN CASE
Hopefully I got my thoughts across somewhat understandably
2 payout MATRIXs one from the WMI BK CASE and one from the legacy assets ATTRIBUTABLE SAFE HARBORED ASSETS that were ONCE in wmi'S NAME, that in turn MUST BE PURCHASED
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