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Are The Lights Coming On Yet??
I have said that there was two Litigation Trusts.
The Plan 7 LT was only for the Creditors.
DONE!
Plan 6;
The WMI’s FDIC WMB claim will be retrieved from the Washington State ‘lost and found’. Yes the Court room laughed at Rosen’s statement.
A resident Washington State LT just for that purpose, and to hold other assets just as AAOC created.
Another proof that 75/25% isn’t global.
The Retained Earnings are in Treasury Notes, and not in a trust. Preferred Funding is a trust that isn’t in a trust.
Ron
Great advice….when is this 15 year anniversary supposed to be?
IMO.....thats good advice... I will leave the discussion there, but understand , although I had 195000 common escrow removed from my account I am not as hopeful as you are because the documents say different....the chapter 11 closing document states Preferred and common were cancelled and extinguished, and prospectuses were not in force... so, it comes down to someone is perpetrating a lie about that statement....we will see if AZC, and your assessment of the language is correct by years end....cheers...Lodas
I CONFIRMED WITH DELWARE TRUST COMPANY FORMERLY CSC TRUST COMPANY
who acted as Delware Resident Trustee for WMI Liquidating Trust(formed in DE).
I asked them how is it possible that the Trusts exist in two different states and CSC Trust confirmed me that WMI Liquidating Trust(formed in DE) was cancelled in 2021 in earlier communication.This is the response.
"We only act as trustee for trusts that are
formed in the state of Delaware. We would
not be affiliated with a trust formed in WA state."
So this affirms that WMILT - DE is different from WMILT - WA which is still active as of today.
Lodas, that SQQQ STO PUT jan 2025 might be good bet, but I do not like going out that far. I do feel we are getting set for market correction, which would play in for that hedge bet on SQQQ.
IMO, many feel you have gone too far in tiring to convince all old preferred and WAMU Q holders that there will be No flow of $$$ coming. Not sure why you have to repeat that daily as it is getting old and you just piss off many that believe old escrow does have assets that will be returned to those that have waited. I think even you stated you had 195K of old WAMUQ, which you would be happy to see a return on.
I am a large holder of ALL P, K, Q's and feel there will be a return before end of year from retained earning plus other sources. You should understand they did everything to hid and cover up but I and others have seen too many documents that prove the assets are there and coming back. NO - I will not take the time to pull those documents up as all should do their own DD.
I also believe in what AZ has repeated as I have spoken with him in depth about this. YES THE ASSETS ARE THERE AND ALL "P" 'K" "Q" HOLDERS WILL GET SOME $$$$. As for AZ's XXXX stock I see two possibilities but will not state and I do see why the manager estate trustees have worked so hard to hid this. Our 15 year anniversary's is coming up next week and feel FDIC will complete the receivership soon and then magically our money will flow AND EVEN YOU WILL BE HAPPY. SO - IMO TONE DOWN YOUR NO ASSETS SPEACH ON A DAILY BASIS. Just think what you could do with all your spare time, go for a walk, sell more options but just stop pissing everyone off!
Where is next level of support? We headed below $51?
JHD
You are a man of your word LOL
Quote from you boss:
“Quote: Post 714450
~ Tony' ... The Avenger' Lady "shown" Would Be More My Type' ... Seriously ! ~
those from ... ? ... 3rd world' wouldn't recognize her' ... But I Do and WOWEE WOW WOW :) ...
Abba Da Ayy' ... :)
just sayin'
AZ”
He must be paying you well…not say much…but he must pay you well….and at the same time he doesn’t even think you are worthy……
Quote from AZ
“LG,? = idiot + the parroting buddy bbbbn.......ron.? = misreading docs' ......newflow.? = hung up on the wmi-lt, now completed ....Biz.? = means well but' ? .... goodie.?....xoom.? = good people ....AZC.? = not worried' .....leave the building?.....Lodas = nope, not hardly wrong again ! “
September winding down. Unicorn dreamers-0% Realists- 100%
No, POR7 is a result of POR6 not being accepted as the final settlement agreement
ItsMyOption.....I am feeling very good about opening a STO Put on the SQQQ jan. 25 Put at the 20 dollar Strike Price... I did the option the first of this year when all the talk of market selloff was extant in the newswires... I did it as a hedge against my portfolio in a severe downturn, and it is working....and Green....looks like the MM will take coop down to the 50 dollars range if you look at the PUT/CALL ratio for october expiration....might be a play here... I am waiting.. Lodas
produce some original posts with DD if you are expecting money...birddogging my posts will not bring money to you...here is what needs to be done:.......you must hire a lawyer and provide him with evidence that Fraud was committed by WMI to shareholders, then you must pay a retainer, court filings, get a court hearing, and PRESENT EVIDENCE THAT WMI DEFRAUDED YOU AND GET A JURY TO AGREE!!!!!!.... now, if you lose the case, you must pay court fees, lawyers fees, etc....wanna open up the chapter 11?...I thought not...just stick with waiting, it wont cost you anything but time..........by the way, you never got back to me with your reason why you expect to get paid money... I must have overlooked your answer....have a good day waiting...tomorrow will be just like today... nada.....Lodas
"I base my opinion on filings issued by the official authorities"
'It is safe and effective'.... how is that turning out?
GO COOP! GO BK remote assets!!
"Finding that out would be important for us because then we could possibly travel back in time and then buy more shares of COOP. But Schrödinger's cat we leave out rather, because she complicates only everything, LOL"
Let's first concentrate on moving forward in time, which is proven. Maybe another 10-15 years. just to get this bankruptcy crap behind us.
Hmmm....second thought, make it 20. LOL...
That's simply NOT TRUE, the BOUGHT BACK more than 25 million shares up to now, and increased their capacity again (for the 3rd time IMO) BY $200 million this time, so they can buy back ADDITIONAL 3.7 MILLION SHARES at the current PPS.
Why would COOP ever do something Bullish to protect their PPS ? They've announced quarter after quarter, years over year, that blah blah they keep authorizing share purchases....stock purchasing goals which never get completely met. And stock repurchase goals won't be met the higher the PPS goes. COOP is probably driving down its own stock, in relation to whatever minimum PPS threshold needs to be crossed. There is no incentive to protect the PPS if your goal is to buy it back.
It's always bothered me from day 1 how this stock wasn't supposed to trade initially, but it did. I can't help but wonder if all of WMIH/COOP's quarter after quarter flogging the 'buyback our shares because it's undervalued' pony is because it was over authorized / oversold to begin with...
It's good that you bring up the subject of time. Quote: "Time is precious and passes faster than light ..."
The local time of an observer cannot be faster than light. You probably mean the relative time of the "mass" of an observed accelerating object, which, thanks to the quadratic function (C^2), moves more and more into the future as the speed of that object approaches the speed of light. But if the observed object moves away faster than light ("time passes faster than light"), would it move into the past, relative to the observer?
I ask only because some are of the opinion that the relative time of the observed object can become negative only if the "mass", i.e. the resistance against the acceleration becomes negative.
Finding that out would be important for us because then we could possibly travel back in time and then buy more shares of COOP. But Schrödinger's cat we leave out rather, because she complicates only everything, LOL
Why would COOP ever do something Bullish to protect their PPS ? They've announced quarter after quarter, years over year, that blah blah they keep authorizing share purchases....stock purchasing goals which never get completely met. And stock repurchase goals won't be met the higher the PPS goes. COOP is probably driving down its own stock, in relation to whatever minimum PPS threshold needs to be crossed. There is no incentive to protect the PPS if your goal is to buy it back.
It's always bothered me from day 1 how this stock wasn't supposed to trade initially, but it did. I can't help but wonder if all of WMIH/COOP's quarter after quarter flogging the 'buyback our shares because it's undervalued' pony is because it was over authorized / oversold to begin with...
Dark.....I base my opinion on filings issued by the official authorities handling the affairs of the GSA, chapter 11 closing.... let me be more specific in my opinion as to where the 20 billion dollars in Retained Earnings evaporated:
If you recall, WMI entered the chapter 11 stating that they had 32 billion in assets -8 billion in Liabilities, or 24 Billion in total RE, ..........WMI threatened JPM, and the FDIC with a 20 billion dollars lawsuit to reclaim these assets, which they said were illegally taken from them....then, after a couple years of going nowhere with a settlement, a GSA negotiation started to take shape, in which WMI was to get 6.5 Billion in cash, and about 7 Billion dollars in NOLS..... this amount would result in a settlement of 6.5 plus 7 billions, or 13.5 Billion total settlement for releases granted to JPM and the FDIC, THAT WMI DID NOT HAVE TO GO TO COURT AND FIGHT FOR, AND POSSIBLY LOSE.......so, my point?... WMI agreed to release the 20 billion dollars lawsuit, in return for a guaranteed settlement of 13.5 billion dollars with which to settle with creditors, and bring WMI out of chapter 11 quickly.......end result is that there was enough funds to satisfy Creditors only, and not equity.... again, there is no Safe Harbor, nor off balance sheet money that WMI was hiding... there is no 75 billion dollar T-Bill in Trust as ron suggests...
now,, after the GSA signing, enter Nate Toma.... but thats another subject for discussion...Lodas
This could be it but I have a need to be first :)
"3743
09/21/2023
ORDER granting [3740] Letter Motion to Seal. Application granted. (Signed by Judge Naomi Reice Buchwald on 9/21/2023)
3742
09/20/2023
LETTER MOTION for Conference re: [3741] LETTER MOTION for Conference re: [3740] LETTER MOTION to Seal Defendant UBS AG's pre-motion letter seeking entry of protective order addressed to Judge Naomi Reice Buchwald from Jefferson E. Bell dated September 20, 2023. / Defe addressed to Judge Naomi Reice Buchwald from Jefferson E. Bell dated September 20, 2023. Document filed by UBS AG.
DOCKETBIRD.COM
www.docketbird.com
MAKING PLANS?
Add a chat to start coordinating."
https://www.docketbird.com/court-cases/In-Re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262
Yet…you are so concern about this stock but you do not own any escrows or coop stock…as you have stated yourself…go back and read your own posts…then you are worried about precious time….
understand 6 is a product of 7 :)
Why do you think anybody owes you anything? AZ and many others have spent a great deal of time on DD at his or her own expense then put up with the MB BS when they provided some information. Too cryptic? By design... Same thing with JB, RD, WW, and many, many others. Exactly WhoTF do you people think you are that you are owed? You are not owed anything...
You bring up Lodas? Take a long hard look at your past post(s), In fact, all of you can take a long hard look at your post, accusations, and the childish crap you have spewed behind the cloak of the MB. Look at what valuable DD you have provided and then ask yourselves what you think somebody owes you.
My favorite is "somebody should call, write, message, so-n-so" as if your fingers are broke.
Rest assured information is being shared by those that are civil and that also provide work product to each other.
But go ahead and hang your hat on the fabricators, baiters, haters, and others that profess to be investors.
Or put the trash Pandas on ignore, do not respond to them, and focus on COOP and actual related information to the Parent, Registrant, and Sub(s). The information is very clearly on the SEC site so do a little work. COOP was a money machine and that information was posted long enough ago for anyone to make bank on it if they paid attention to the data instead of haters..
Please put me on ignore if the post offends you and do yourselves a big favor. Stop talking to the trash Panda's unless what you are really looking for is a "fight". And for one of you... Robby Halford was a DA for leaving Priest to join the talentless chumps. Returning was pretty smart.
JWW
I AGREE 100% with this comment
"""They know something is coming.."""".😉
releasing escrow holders will not be paid on this plane of existence. If you expect otherwise you aren't reading that bible correctly.
Still need buyers to step up. Also profit taking since Coop has had a nice run up. Volume is also decreasing which is not good. I’ve taken profit myself at $60 on COOP in addition to Nividia, pltr/AI, BITF and other stocks.
Shorts are toast when XOME MONETIZATION NEWS coming in...
And short-interest is already at the LOWEST LEVEL EVER. They know something is coming...
Shorts will try to drive it to $50 and depends on bulls if they want to defend. Price is also driven in large part by market (fed pause/unemployment numbers/etc)
Newflow
you have a pm with some info you may find very interesting IF IF IF you don't already know it
Shorts will try to drive it to $50 and depends on bulls if they want to defend. Price is also driven in large part by market (fed pause/unemployment numbers/etc)
They are like Laurel and Hardy…Mr. Know it All and Sideshow Bob lol
GOODIE
""If these funds were not already BK remote, how could they be excluded from the BK proceedings?""
Please remember that WE HAVE SEEN inner office memo's dating clear back to 1995-96 where in fact they were discussing SPE's
I suggest that this was done so that OLD MAN PEPPER(NOT TEPPER) KILLINGER and BONDERMAN set it up that way so that IF they ever got taken down or if they were able to take it down intentionally THOSE GUYs would have walked with the whole ball of wax and why BONDERMAN took a 49% holding in WAMU.
NOW imho he BONDERMAN got out foxed TEPPER SAVITZ TPS E'TAL with the 75/25
IN SHORT thanks to NATE he REWROTE the entire thing by CAUSING the JUDGE based on THEIR INSIDER Activities for them to create a plan where by ALL PARTICIPATE so they did 75/25 which basically took BONDERMAN down to about 12.5% or half of the 25% since he owned 49% of all commons, so in comparison to what HE THOUGHT he was gonna get HE GOT HOSED
ALL IMHO
This thing is news driven then drifts s to sleep unless they are buying new servicing companies..,
BUT there may be a reason for the range.
JHD
No I’m up in the small northern corner of the state.
Doesn’t surprise me as the state is a bear to work with.
JHD
Appears we may hit 52
These guys play this thing like a YOYO
GOOD to man up and thanks
You're doing GREAT WORK here dissecting all this stuff and many myself include are thankful, DD too takes a lot of time and effort and you're putting forth a bunch
I MAY be sending you some more info to glean shortly very interesting info
go away...you contribute nothing of importance too... post a link behind some DD once in a while...all we get from you is the condition of the ocean waves....there is no money for you coming from WMIH....or, any supposed Safe Harbor assets... read the documents....Lodas
go away, or post something important.... you contribute nothing to the message board... when was the last time you put a link behind your post?....Lodas
Hey, do you know the story about Bi-Zi farms in Vancouver WA?
Been there like a 150 years, and for the past number of years, they have been fighting Washington State over water rights, including a century old well on their own property.
Yes, that's why I can't understand, why some give an answer to the mole and the clown.
These members, who give an answer to the mole, the mole has not been called into question, yet he gives advice to everyone without ever being consulted. I understand this from the responses of some to both the mole and the clown, but I also understand that both the mole and the clown must carry out their agenda.
Time is precious and passes faster than light, ergo; time wasted unnecessarily
Hell, I used to be proud of myself for caring for 1 acre at our SW Washington property.
A 100?....respect!
UPDATED $COOP price targets===>Piper Sandler:$72, Wedbush:$70, Compass Point:$66, Credit Suisse:$64, Keefe, Bruyette & Woods:$62
"Just keep responding to every poster day and night?."
Being a message board clown/fool/troll is a hard job. But someone seems glad to be it....