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Bbanbob, in part it is true. The Reorganized Debtor cannot own Legacy Assets but through complex Mergers they can Indirectly Control the Assets. Merger (1) Wand into Nation Star Mortgage,”Mr. Cooper,” “Internal Merger,” Merger (2) Nation Star L.L.C. Merger Sub II, a limited liability company wholly owned by Combination Partner that is disregarded as separate from Combination Partner for U.S. federal income tax purposes.
No different than Costco through its Complex Mergers owning Percil Detergent Company, Krispy Kreme, LIDL, ALDI’s, Kroger, Food Lion, Panera Bread, Dr. Pepper, Keurig, Peet’s Coffee, Green Mountain Roaster and the list goes on for JAB HOLDINGS COMPANY.
THEY been at this since the early to mid 1900 maybe even earlier and have mastered how to control the Economic Markets and know All of the Ins & Outs.
We are Fleas, Scum riding on their coattails until they Launder( clean, get Rid of,) us Out.
Until all is said on done, all we can do is ride this out and wait to get Rich along with them or Bamboozled and Hustled. It’s one or the other.
“Thimblerigging” in a Corporate Legal Form.
Just My Opinion.
Looking back remember this key wording:
WMI INC and it’s Assets consisting of Equity Interest in WMI INVESTMENT CORP.
Red, I know you’re not I just added that disclaimer to not make it seem that I’m attacking you like most here.
Exactly, Afghanistan is a Perfect example. Now that the Military did their Part, which takes 15-20 to change a Generation, they exited(PURPOSELY AND AS PLANNED) and now comes the Industrial Complex. Corporations to build it up and Modernize it. Not to mention separate the Culture and brainwash them to work/enslave themselves to work for food and clothing rather than what they do now. They report of the Chaos to Keep the Outsiders away, while they build their Corporate Infrastructure. Give it another 10-20 years and you’ll see and Thriving Metropolis and having to Pay for their ownLand and then comes the Taxes.
History repeating itself. No different than what they did with The NATIVE AMERICANS
RINSE AND REPEAT.
Look at Us. We’re were led to believe we pay Taxes to the IRS, (the 1040 Tax Form is actually Great Britain’s Foreign Tax Form) and in all actualIty it goes to the IMF and the Queen of England, We are just Shareholders. Treaty of 1783.
SLAVES TO THE SYSTEM. CONSUMERS= DESIGNED DEBT
Yes it is. I aware of it and stay in my own bubble.
Like I mentioned, it’s Systematic.
Pick, isn’t that the plan.? To create Chaos and Confusion to keeps us fighting among ourselves, all the while they sit back and enjoy the Spoils. Psych-Ops!
Bbanbob, have you looked up the information of Washing Federal Bank in Utah?
The coincidence of the Location of their Headquarters Pike Street, Seattle, WA.
Red, Let me start by stating that I’m not trying to argue or offend you. There’s a reason why not many Companies have a Trillion Dollars. Taxes and a work around the Monopoly Clauses that are in place. What they do have is Hundreds of Thousands of Companies and Hundreds of Thousands of Shelf Companies ( not including the ones around the World ) to replace those Companies once they are finished with them, bankrupt them for the NOL TAX CREDIT to Offset the Taxable Income. In a way you’re right but, in part you’re wrong. This System has been designed to benefit them since the early 1900 and they know the Ins ad Out because they wrote the Rules, Regulations and Policies and when the Gig is up, they “Amend” them to their benefit. Not to mention, they Own the very same entities that Police them.
Jay Bray is the Kerry Killinger 2.0 of this era. Until, they are through with him and he too will disappear and then comes his Replacement.
PERPETUAL ASSETS= Never Ending. Hence, they just get Transferred.
Also, the average Americans buys a house at the average age of 30-35 with the average Term Loan of 30 years,
Which adds up to 60-65 years old of Morgue-Age(Mortgage) Damn near dead and when they die, majority of the time their Property gets sold and the process starts all over again. Rinse and Repeat.
KKR WAND MERGER SUB
KKR WAND L.L.C.
KKR WAND HOLDINGS COMPANY
KKR INVESTMENT CORPORATION
KKR WAND INVESTORS L.P.
KKR WAND GP L.L.C.
KKR GROUP HOLDINGS CORP.
KKR & CO INC.
KKR MANAGEMENT L.P.
KKR GROUP MANAGEMENT L.P.
KKR GROUP PARTNERSHIP L.P.
DO YOU GET IT?
THEY OBSCURE AND HIDE THE SAUSAGE WITH THEIR FUNNY ACCOUNTING, INFLATE IT TO BORROW AND DIMINISH TO PAY TAXES.
GOOD LUCK!
Continuity, that’s a very good question and I’ll go ahead and raise you one also. What happened to the $20 Billion dollars approved to be transferred from the Little Bank to the Big Bank?
When I attended my local banks Liquidation Auctions and bought their equipment, hardware, fixtures and a few safes. All the Safes and Teller drawers were empty.
Hence, you can’t buy a Bank for 1.8 Billion and get $29 Billion of the Cash in their vault.
That’s not how it works.
So Patiently, I wait.
Oh there’s it is up a few ticks.
Allow to trade freely so up it’s goes a few ticks.
I’m just interpreting the action only. I have my fair share for the moment.
Gapped Down they did.
Gap it down because I need shares!, I can do this all day!
Do not let it run...
Next few ticks. Trade it sideways because I need shares badly but do not take the stock down.
I walked away from my computer. Nice from 1:00-1:15 (5) minute candles, 3 White soldiers and 700 code at the beginning and end, move the price up!
Rather than waste your time refuting me just study, watch and learn for yourself. Plain and Simple!
Still, That won’t happen, it’s too much work and time. It’s easier to to be negative and destructive than putting in the work and being productive.
I should have stayed to my Roots. “DO NOT FEED THE WILD ANIMALS!”
Nova, Figure it out yourself just like I did.
Split, XOME may be a Wild Card but it’s part of their Play and they are not going to miss an Opportunity to Capitalize from it. To me it was not a coincidence that XOME was the topic of discussion, it was a hint of what they are going to do with it. No different than the Big Bank, WAMU, and the Small Bank, the Federal Savings & Loans. It may take some months, a year or years because they have the time. Remember the controlling entity is now 132 years old and counting. This is a System that is functioning Systematically that will continue even after our lifetime, our children and our children’s children and so on. So there is nothing we can do but wait. Unfortunately.
Split, don’t forget the possibility of XOME being a spin off. Jay had mentioned that they want to grow the company some more and the market is primed with a lot of opportunities and if the right opportunity came by they will take full advantage of it and make the Acquisition(s). Also, Jay mention that they will meet their 3rd Quarter numbers Goal. Let me remind you that they have not been wrong or missed their mark since the Merger. So I’m confident we’ll be in a better position by the end of year going into the next. Good Fortune and Stay Safe, you and your family. Best wishes
Badger.
Uptickmeasap, may be BS to but it’s been proven time and time again. They change minute by minute, second , by second. So that’s your opinion and belief but not mine.
Did they let run? No! so I was right again.
Pre market code was “ Not to let it run.”
Large Green, your tenacity, devotion and constant reminder of these actions, has helped tremendously. Thank you once again.
Bbanbob, yes it is and that’s what has helped me over the years. At first being ignorant, naive and uneducated to the process had me upset and easily influenced but once I started reading for myself, the past filings and agreements, I came to understand their strategy, so, I grabbed a chair, sat my as$ down and am patiently waiting.
Serafino1, reading opinions of others is not factual but what is, is stated on the PAA. “ Assets of the assets is NOT part of the Agreement.” That’s is a very powerful and telling statement.
Good morning wowalters, I was half right they did apply resistance on the ask and it gap down. No abandon baby meaning a continuance sideways trading.
Mr Pennys, I’m glad that I can put a face to the name. It was very nice to see you.
Here’s a question that I would like to know much money does WAMU and or WMI Inc have in Derivatives and where is that money now? Also,where did it go?
Unfortunately, it is.
If you remember back in the mid to late 90’s there was a Company called Global Crossing and its 135 Subsidiaries. Along with United Kingdom Global, Asia Global, South American Global, Pacific Global, Atlantic Global ’s and realized in the 90’s and finished and went operational in 2009when we switched to the digital era.
Couple with the Treaties we led to believe we are separated but in reality it’s one World Wide System. I still have my investors information regarding the Company and Companies and who were the major players, from George Sora Greenspan Bloomberg, Gates, Putin, and Many others. We’re Living One Big Lie and Ponzi Scheme!
Like the saying goes.
BELIEVE NOTHING OF WHAT YOU HEAR, AND, HALF OF WHAT YOU SEE!
They are all Fauking Liars! Period!
Ok so you believe the thieves? Mr Cooper also formerly known as WMIH, WMI INC THE REORGANIZED DEBTOR! In a Reverse Triangular Merger, Beneficial Holders received a Special dividend in a form of Stock, not cash. That way it’s a Tax Free Transaction. Recognize until Realized!
No offense taken. I’m right there with you on that and have stated the same go back in time when the was a conference with bankers and government officials regarding Off Balance Sheet Assets.
Bbanbob, the extension until 2022 and with the Form 15-12G filed in the past may not just be a coincidence but a strategy.
SEC Form 15-12G releases companies of some of their reporting requirements under Sections 12(g), 12(h), 13 and 15(d) of the 1934 Securities Exchange Act. Companies may use this form if they plan to terminate a security class listing. SEC Form 15-12G may also help companies to be relieved of certain reporting requirements. When completing SEC Form 15-12G, issuers have the option for termination or suspension of reporting under the following: Rule 12g-4(a)(1), Rule 12g-4(a)(2), Rule 12h-3(b)(1)(i), Rule 12h-3(b)(1)(ii), Rule 15d-6 and Rule 15d-22(b).2? 3?
Dragoon76,
https://www.quantumonline.com/search.cfm?tickersymbol=wampq&sopt=symbol
Www.
Quantumonline
.com
and go to SEC filings
if you haven’t already.
Large, you nailed this on the Head and it’s definitely hard for anyone to argue that truth!
7) Remember, we are just riding the coattails of the Big Money Hedge Funds that have and know all of the answers and they are NOT challenging/fighting anybody at this time
Thank you for 13 years of dedication. Someday when this is over and we rally somewhere other than Vegas, hopefully we can meet.
Dragoon76, Just so you have an idea that by Coop “the parent company” using NationStar L.L.C ‘s “ the subsidiary” Tax filings they have up to a year to hide the sausage. It was not a coincidence that the company’s February 12th deadline aligned with the first day of E-Filings giving them another year. Also reading is fundamental, non cumulative perpetual conversion preferred stock means never ending. Not to mention, are the Lenders to the Reorganized Debtor and those who hold escrow are beneficial holders of the interest. Again reading is fundamental. It’s in the filings and disclosure statement.
Thanks AZ for the leads and directions.
You can lead a a Horse to water and all that YADA, YADA, YADA!
I learned to keep my opinions to myself because if it does not aligned with some here, it gets weaponized and used against me like if I’m the one who created and orchestrated this Big Robbery Scheme. Many here deflect their anger towards other shareholders for having an opinion but will accept getting screwed up the Anus by the Feds, FDIC, Bankers, Underwriters and Government Officials with a smile and will not open their mouth to voice their opinions or concerns, plus keep it shut and if they do open their mouths, it’s to kiss their arses and suck the fart out of it!
Not only did I called the FDIC, so much they scrubbed there numbers and extensions, politely and then rudely told me not to call, so I walked into their office in DC. Weil, Goshal and Manges deflected and gave me Justin’s and Edgar’s number with direct extensions at Susan and Godfrey and the SEC just gave me the runaround.
Also the look of discuss that William gave Chad when I walked into the last WMIH’s Shareholder’s meeting second to other last shareholder to walk in before Aya did, was telling. I was not welcomed nor supposed to be there! So yes another year!
As for Escrow, I’m a Lender with Beneficial Holder Interest as Stated in the Ballot, disclosure and filings. To have a better understanding you’ll have to start reading December 2007 to present day. Also, 2006 for OFF BALANCE SHEET ASSETS.
Wowalters, 500 code is a Gap up or Down and it gapped down but I haven’t follow the Stock’s day to day behavior for about a month because I got hurt riding my mountain bike back on July 14th and my wife had traveled to and from Florida and on the return flight contracted Covid and then got me sick 3 days later on the 17th. The combination kick my butt to another level. My brain seemed to have a constant fever and for 2 weeks I couldn’t sleep for no more than a few minutes at a time because I would be awoken from the pain in my brain, eyes and ears. literally it hurt to sleep so I didn’t and that was driving me crazy. At first I couldn’t manage the Pain but then I found comfort by soaking in cold, cold water bath 30 minutes at a time or cold showers every 1 and half to 2 hours. Let me also mention, I haven’t gotten the flu in 25 years and no cold since November of 2009 and if I wasn’t healthy I know I would not be here today. Something my doctor stressed to me. Yesterday was my 1st semi normal day. Sorry I don’t have a definite answer but if you look at the chart it Gapped down so that might have created an Abandoned Baby and it will Gap up for the first hourly and then they may apply some resistance on the Ask and it may go down but I’m not completely sure because I needed to study all the tools and the language all week.
Pick, that’s because it’s not just the numbers, the pattern and wave are needed to decipher the Mathematical Hieroglyphics.