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~ ItsMyOption, You Are Welcome ~
... Yes, I wanted to take a moment and remind' everyone, the Class Releasing Members (thankfully Plan 7' allowed to participate), the WMIH-Corp Shareholders, along with our new NSM people, ... That, The Original Already WaMu Packaged Performing Trusts' has always been where the massive values have always been ...
The "Cash" monthly returns, Produced By these monthly "Cash" Producing Performing Trusts,
* the monthly Cash returns' needed to be secured and segregated from the WMI' parents reorganization', ...
* the monthly Cash returns' needed to be accounted for post 09/26/2008' ... (Performing Trust Cash Distributions to their participating members, are Completed Monthly on the 25th of each month')
* WMIIC' and its Court allowed A&M management assignment, needed to be, (nunc-pro-tunc), legally backdated to Oct 2nd 2008, as the next months production of Performing Trust generated "Cash" Returns was coming ...
~ Hello LG, and The Very Same To YOU' As Well ~
... We' ... have All' followed and approached this entire multi year WaMu process from the beginnings as well as from a similar foundation of Truth'
ALL of Us', along with with a few ... negatively motivated but truly meaningless' ... exceptions', ... have known for a very, very, very, long time just WHO' ? ... We' ... have been dealing with ... emphasis on the words "meaningless exceptions"
and of course that WMIH-Corp HAS NEVER MERELY BEEN an empty shell corporation with the, if come maybe, use of some net operating tax loss allowances' aligned with WMI's bank (WMB) that will eventually be moved to JPMC ... my goodness' ! ! ... 100% purposeful propaganda'
... So, ... here We' Are' ... the D.C. Dual Tracking Litigation has now been settled as of 12/31/2017, (Globic) which actually originated from (the WMI Action)' and the merger with NSM has thankfully been announced' ...
So to your question ?, ... Yes' ... WMIH-Corp will very soon (in the second half of 2018), will complete the merger with NSM (NationStar) and the original WMIH-Corp, KKR, issued A & B Series Preferred will have ALL transitioned to common shares of WMIH-Corp' (reference the S-4) ... that slate' becoming clean ? yes, that's a big deal ...
So, I will trust you for the May 17th date, however Yes' I do agree that as We move forward, ... Everything will be SEC Compliant, and Shareholder Accommodating, ... YES', it is also my opinion that WMIH-Corp will complete its own internal business necessary with the ORIGINAL OWNERS OF THE WMIIC / WMI Estate, the Class Releasing Participants as well as itself, ahead of the merger with NationStar' ...
AZ
~ WMIIC / WMI to WMIH-Corp, Now' Merging With NSM' The Beginnings' ~
The WMIH-Corp / WMIIC / WMI "Connection"' and the Supporting Documents, ... I am presenting these documents, in an effort to help ALL that are currently involved', the NSM people, the shareholders of WMIH-Corp, and the Original Class Releasing Legacy Holders of WMI' that went through the actual process to the Approved Plan 7 Reorganization ... and C;ass Released' in order to Participate (41.6)
On 09/25/2008, The OTS / FDIC seized Washington Mutual, WaMu, ... a "Holding Company" ... or, ... to be factually correct was attempting to seize WMI's Bank WMB', the banking subsidiary of the massive Washington Mutual, Inc. Estate ...
Immediately, on the very next day, 09/26/2008, the WMIIC / WMI WaMu Estate, filed for two distinct and separate Chapter 11 Reorganization Bankruptcy Filings with the Delaware Court System' one minute apart ... (initially KCC listed as Filing # 0001 & Filing # 0002)
The first bankruptcy filing was submitted for WMIIC, WMI Investment Corp, recording no debt and no creditors, (10:15pm) ... and ... the second filing was for WMI the parent holding company, which recorded assets at $32 billion dollars, with its liabilities recorded at $8 billion dollars' (10:16pm) ...
The first of the TWO bankruptcy filings, entered for WMI Investment Corp, was designed to maintain operations, move toward a future reorganization for the company, while the second of the TWO bankruptcy filings, entered for WMI, was designed to address WMI's own debt, and pay with interest, all outstanding debt' (basically to pay back itself) ...
Since these TWO bankruptcy's were quickly Court Ruled and Approved' to be procedurally joined for administrative purposes only, ... both' ... of the company progressions within the legal confines of the Delaware Court System were able to be accomplished ...
As the documents reveal, ... the first filing for WMIIC's chapter 11 reorganization, was never designed to allow creditor claims against it' ... again, ... as it initially filed with zero creditors and zero debt' ... and, as a subsidiary of the Parent Corporation, WMI ... WMIIC was allowed and destined to maintain its re-organizational operations throughout the entire Chapter 11 process, ultimately planning to exit bankruptcy also as a reorganized entity' ... again, allowed by the Court to be financially separated from the parent corps WMI bankruptcy ...
... However, ... for WMIIC to maintain its operations, throughout the reorganization process, it needed a Court Approved functioning staff ...
William Kosturos, as the 10/02/2008 Court approved and named President and Chief Executive Officer of WMIIC ... along with A&M and it's national staffing and resources, were Court authorized to maintain and continue WMIIC's operations while it remained under Bankruptcy Protection, ... and merely joined procedurally only, (re: KCC Filing # 0025 - 10/03/2008) ... and for Administrative Purposes, (The Disclosure Statement - 01/09/2012 - [DN 9365]) along with document expedition to accommodate the WMI Bankruptcy ...
William Kosturos and the extensive staffing and resources available of Alvarez and Marsal, were Court approved, at the very onset of the 2008 process' to be placed appropriately, and be able to continue the seamless operation of WMIIC throughout the entire Bankruptcy and Reorganization Process' ... and ... again, Delaware Federal Court approved, being allowed to back date' - "nunc pro tunc" - to October 2nd, 2008, as Filing # 0246 reveals'
... Not only do all of the billing statements support this, but so does the sequence of events placed within the filings legally acknowledge this ... The procedural joining of the TWO BK's caused a tremendous amount of controversy during the Court Hearings, as revealed within the relevant documents Filed' ...
Mike W and Esopus Creek' ... understood that' Pandora's Box had been very carefully protected and tucked away within WMIIC' back in the early days and requested discovery of the joining of the bankruptcy's ... their requests, were consolidated within their (equity's) request for a shareholders meeting, ... and ... a review and discovery, regarding the procedural and administrative only, joining of the Two Bankruptcy Filings' ...
The end of 2009 and into early 2010 were tumultuous times, as the Court Hearings moved forward', equity's requests for depositions, a shareholder meeting, discovery of the BK joining, ... etc, etc' ... the links to the process are numerous, so I will spare everyone for now, ... what is ultimately important though is Filing # 0013' ...... Filed on 08/23/2010' ... The filing number, like many others was actually rolled back to the original issue being discussed'
This final Court Ruling on, 08/23/2010 lead to the beginnings of the four standing motions being filed, with the last Standing Motion' ... Filing # 8179 ... being filed on the eve' of the Plan 6's Court Hearing to begin' ... July, 2011 ... Plan 6 obviously failed' ... and here we all are' ...
There are serious reasons, as revealed here, that KKR originally recognized the values, as well as the NASDAQ' also seeing value in WMIH-Corp and allowed it to be up listed' ... Yep' ... the original WMI Debtors Estate Value that had been secured and separated from the WMI bankruptcy within the other WaMu Bankruptcy' ... WMI's own subsidiary, WMI Investment' = WMIIC
Filing # 0001 Filed 09/26/2008
The First of TWO' - WaMu Bankruptcy Filings, WMIIC(s) Filing for Bankruptcy Protection
http://www.kccllc.net/wamu/document/0812228080926000000000001
Filing # 0012 Filed 10/02/2008
The Request for Joint Bankruptcy Administration
http://www.kccllc.net/wamu/document/0812229081002000000000001
Filing # 0025 Filed 10/03/2008
The Courts Signed Approval for Joint Administration (notice the difference)
http://www.kccllc.net/wamu/document/0812229081003000000000002
Filing # 0013 Filed 10/02/2008
The Declaration of - Stewart Landefeld - ... "in support of" ... the administrative BK combining'
http://www.kccllc.net/wamu/document/0812229081002000000000002
Filing # 0065 Filed 10/13/2008
A&M and William Kosturos Request to be the Chief Restructuring Component (William Kosturos is currently the WMILT Trustee) - (don't miss the attachments)
http://www.kccllc.net/wamu/document/0812229081011000000000003
Filing # 0152 Filed 10/24/2008
Supplemental Declaration of William Kosturos - (don't miss the attachments)
http://www.kccllc.net/wamu/document/0812229081024000000000016
Filing # 0246 Filed 11/07/2008
The Request to backdate the naming of A&M and William Kosturos of designated CRO to be backdated to 10/02/2008
http://www.kccllc.net/wamu/document/0812229081107000000000004
Filing # 0013 Filed 08/23/2010
The Final Signed Order' (upon equity's request for discovery of the joining of the BK's) stipulating to "Procedural Purposes Only"
ORDERED: that consolidation of the above-captioned adversary proceedings is for procedural purposes only and shall not affect the parties substantive rights ... again' ... signed 08/23/2010 ...
http://www.kccllc.net/wamu/document/0812229100907000000000005
... I don't believe that anyone wanted a light placed on this WMILT's 03/29/2012 SEC 8-K ... filed a mere 10 days beyond the 03/19/2012 Implementation Date ... which actually named William Kosturos as the President and Chief Executive Officer of Investment ... dating back to Oct 2008 thru to the Reorganization ? ...
WMI Liquidating Trust ... Form 8-K ... Filed March 29, 2012
http://www.sec.gov/Archives/edgar/containers/fix067/933136/000090951812000138/mm03-2712_8k.htm
read, ... ITEM 5.02(c) ... and the reference to ... INVESTMENT ... "this'' ... is in direct reference to WMIIC" ...
Effective 10/11/2008 William Kosturos was named the CRO (Chief Restructuring Officer) of WMI' ... and between 10/20/2008 and the effective date' he was the President and Chief Executive Officer of Investment (WMIIC) ...
(c) Pursuant to the Agreement, William C. Kosturos, age 50, was appointed as the liquidating trustee of the Trust on March 6, 2012. Between October 11, 2008 and the Effective Date, Mr. Kosturos was the Chief Restructuring Officer of WMI, and between October 20, 2008 and the Effective Date, Mr. Kosturos was the President and Chief Executive Officer of Investment.
So, Will This Newly Merged NSM and WMIH-Corp Company Ultimately Be VERY Valuable ? ... Absolutely' ... I'm NOT the only one that thinks so'
AZ
~ That ? Would Obviously Be An SEC Violation ~
... Read the presented WaMu / WMIIC / WMI to WMI Holdings Corp to WMIH-Corp, ... soon to merger with NationStar' material that has been freely made available to everyone for over six years now, ...
... then make a decision as an investor' ...
AZ
~ Nosch, That’s Correct’ The Individual Frustration Is Expected ~
Initially WaMu, To the WMIIC / WMI Original BK Filings, To the Eventual Reorganization of the same, ... First into WMI Holdings Corp and now to WMIH-Corp., ... ultimately to now be the 2nd half of 2018’s announced merger of WMIH-Corp with NationStar ...
... Yes, It’s been a very long, long, personally straining and grueling road ... for many I’m sure’ ... some I know of as I have spoken with many of the people ... however, ... I’ve posted mostly for the larger group’ ... my reasons have been stated numerous times ...
... I’ve never ever recommended a ... buy, sell, or hold ... to anyone ever’ ... only relevant process discussion that has obviously bothered a few ? ... the reason for the bash ? is theirs’, ... after all of these years, It Obviously Doesn’t Bother Me’, ... however regarding ones position chosen ?, as has been stated, “it is what it is”
Here are a few of the many discussion points I’ve brought forward; (which some seem to find bothersome ?)
Plan 6’ wasn’t able to be approved in 2011 due to the fact that the Dual Tracking Litigation going on in Judge Collyer’s Court in D.C. was forcing Rule 510(b) “Subordination” ...
The 8:00am 09/26/2008 “Exchange Event” ...
The distinct timing sequence, literally one minute apart, of the Two BK Filings 09/26/2008, and the need to quickly join them for Procedural Convenience (nunc-pro-tunc), back dates to 10/02/2008’ ...
The remaining 26 bank accounts of the original 29 ...
The NOL values being reported, as affiliated with WMI’s Bank, WMB issue’ ... Capital Loss issues as well ...
Both of A&M’s Engagement Letters ... Williams, the straw man originally used to eventually transition to Kosturos ...
WMI Investment Corp ... S. Landefeld as the Executive Vice President of Washington Mutual Inc., as well as the Original Bankruptcy Filer, ... along with T Lehmann, WMI’s ABS-Cert producer out of Two locations in IL & WA with a staff of over 300 people’ ...
Washington Mutual Capital Corp. and the Senate Presentation
The WMI-LT was never going to be in a legal position to get a Court Approved Allowance To issue any additional LTI’s beyond Class 17(a) ...
The WMB European Noteholder Program and the 120 accredited investors that fought and obviously won’, the legal battles in D.C. leading to “Globic”, now completed as of 12/31/2017’
JPMC was only ever able to gain the servicing rights to the Massive WMI Loan Portfolio,
The completely and totally misunderstood 75% / 25% For Everything To the End issue ... (yowzzzza) ... as this is only applicable to a RE-Distribution of any remaining funds left over in the LT at its eventual completion ...
The promotions for the people to ... ~ Know What You Own ~ ... a actual restatement of what is actually revealed in each Performing Trust Prospectus ...
... there’s obviously much, much, more ... after all it has been six years ...
The Financial Gains That Have already been Available ?Aligned With Timing and the presentations of open discussion ... ? ... and all that was required from anyone, was some objectivity ?, Some follow up on the discussions being brought forward ?, and an individual financial choice’ ... here are a few,
The Purchasing of common shares of WMI Holdings Corp at the $0.50 level in 2012’ at actually half of the exiting companies actual cash value being reported, ($200 million dollars / 200 million shares issued equaled at least $1.00), ...
the extremely hard, but not impossible to accumulate, yet still available WMB Bank Bonds beyond the Plan 7’ Reorganization while The D.C. “Dual Tracking” Action remained in litigation and unsettled, that availability to accumulate Tranche 5 Class 17 Bonds, ended around March of 2016’ ... original issue at €22 Billion
the “Embedded Derivative Function” which was a pps controlling mechanism being used to the negative beginning in the 1st quarter of 2017’ ... and, ...
In early December of 2017’ for everyone to seriously, Watch The Newco’ (WMIH-Corp) “Its Movement Would Be The Tell”, as common shares in WMIH-Corp remained available for open purchase at $0.75 or less through February of 2018’ ... the last S-4 transition Reported was on March 16, 2018 at $1.35 pps
Which brings us to the present tense’ ... Keep a Very Close Watch On WMIH-Corp’ ...
AZ
~ “Equity Interest” In WMB ?, “Equity Interest” In WMIIC ? ~
... So maybe Everyone’ actually didn’t release ? in order to ... ”Participate” ... in the Already Approved Plan 7’ ? (41.6)
... now though ?, it truly doesn’t matter, ... We’, ... move forward with the reorganized company’ WMIH-Corp ... WMIIC / WMI To WMI Holdings Corp, and now to WMIH-Corp, ... which will soon complete its merger with NSM ...
AZ
~ The WMB Abandonment’ ?, Has Obviously Not’ Been Completed ~
... Again as always predictable, ... Obviously, Simply Another Presented Misunderstanding ... which Obviously leads to these continuous Misrepresentations’, ...
... If WMB has already been removed from the Original WMI Consolidated Taxing Group ... ? ... someone may want to inform JPMC and the FDIC-R ... as well as the WMB Bank Bond Noteholders (the Settling’ ad-hoc Steering Committee), along with A&M, ... of that’, ...
http://www.kccllc.net/wamu/document/0812229120316000000000016
... (sadly? , just another example of more’, duh) ...
AZ
~ Bob, Nope’ I Don’t Believe You Chose Wrong’ ~
Nope not at all’, ... Either way, you will be just fine’ ... the only wrong choice in my opinion ?, would have been to NOT Release and to not be able to Participate (41.6) ... or to have been suckered into the creditor class “capped” Tranche 4 Class 16’s ... their interest returns ended when WMIH-Corp paid off the Notes last October 2017’ ... turn the page
Here is my suggestion, ... be 100% solid within your understandings of how We actually got here ? Who We Have been partnered with ?, and where We are Obviously going, now that the WMIH-Corp and NSM merger has been (thankfully) announced ...
According to the S-4’, ... ALL currently existing WMIH-Corp preferred series, ... Both, the A’s and the B’s convert to WMIH-Corp common shares at the merger Implementation ... Yes, 100% All of them’, ... just think about that for a moment’, ... the existing allowance for a preferred offering ? becomes 100% clean and available once again’, ...
Believe me’, ... whether there is an issue of Cash ? or, a newly issued preferred series ? ... either will be equally just fine’ ... as you are able to be back in control of your individual choice of what and how to handle your own accounts ...
... personally, ... I believe there is a combination of ... Both’, ... coming ... the Performing Trusts Are Actually Quite diversified within their tranche defined individual offerings ...
AZ
~ Yes, That Is My Conclusion and Opinion ~
... NationStar is for the most part, ... Clean’, ... (that’s the way I view things), ... NSM is Currently and Properly Trading On the NYSE’, ... NSM has been following the Rules’, ... That ? is very, very, important ... Available Public Scrutiny ? and SEC Guidelines ...
... I couldn’t be more pleased that We’, are involved so deeply ? ... and that once the merger between WMIH-Corp and NSM is final ?, ... NSM will be the public face of our company’, ... (Mr Cooper advertising is already out), ...
AZ
~ Bob, At This Point In Time ? ~
Ol’ AZ would simply suggest that’, ... We’, ... All watch everything’ and everyone’, very, very, very, carefully’ ... “So That No More 1st Quarter 2012’(s) Will Be Allowed” ... ? ... and, the process forward will obviously happen as was originally planned, irrelevant of Us’, ... Our own individual choices and decisions were made long ago, and We’, have now had Six Plus Years to Study, ... Everything’ ... Today ? We’ are on the forward moving bus ...
Along with everything else WaMu, as I’ve stated, I also own Tranche 6 Class 19 “K” Series ... Yes I agree with your, ... “Cash Is King” ... presentations especially in the early beginnings of this new company, coming quickly on the near horizon, ... so, even though you won’t want to hear this ?, ... I’m truly willing to wait and see for the “Obviously Needed” up and coming event’, (again, which I believe is necessary prior to the NSM merger completion) ...
So, I’m sort of good with everything, along with a “K” Series ... a possible Cash Redemption @ $25.00 plus a 4% non cumulative ? ... or a transitional event to a new WMIH-Corp preferred product along with the Original “P” perpetual Series ...
Here’s what I believe is important for everyone to grasp a hold of’ ...
the 75% / 25%, One Bucket To The End presentations, ? ... Are and have obviously been nonsense, especially now that We’ are partnering up with NSM etc, etc, ...
the process that Plan 6’ originally planned for ? ... is truly not much different from what we have today, and was absolutely never about any WMB Aligned Net Operating Loss Tax Advantages (NOLs) ... Yes, Future tense NOL tax advantages aligned with Performing Trust loss ratios ? ... Obviously a Yes’, ... but no, not aligned with WMB’, ... as WMB will soon transition out of the Original Consolidated Tax Group, and belong to JPMC
Deutsche Bank Aligned With Long Beach, ? as the attachments reveal is defined to the Trusts Listed in the Duff & Phelps attachment ... LB was a complete unit and doesn’t matter to us’, ... turn the page’
These 25% of the entire amount ? are merely presentations in more guessing ...
And as always, ... the WMI-LT is defined to its SEC Filed QSR’s ... any remaining funds, earmarked to be RE-Distributed at the 75% / 25% ratio ?, will be eaten up by the attorney groups ... there’s simply not enough for any of us to be concerned with’ ... anyway ...
WMIH-Corp ?, ... What it’ needs to accomplish ?, ... and the original Individual Class Released Owners ? , ... which as 41.6 states, allowing ... US’, ... to Participate in the Approved Plan 7 ?, ... is all that is currently important ...
Just Remember, ... Plan 7’ was Obviously Approved by the Court’, ... Whether or not ? or How ?, a participant chose to Participate ? (41.6) was an individual Choice’ ... Institution or Individual ...
AZ
~ WE ? Are All Going To Be Just Fine' ~
Not because of who ... We', ... are ?, but because of just exactly ... Who', ... We', ... ended up with Plan 7's Approval, being partnered up with' ...
Tranche 5 Class 17(a&b) will (the original WMB EuroNote' Program Trust Supported Bonds) eventually transition to JPMC, along with WMB' ...
"Class 17b did not have any claims against the Estate, so distributions may flow freely beyond them" ...
"Tranche 5 Class 17(a&b) had their release brought forward from Plan 6' and will have deemed to have released upon receipt of their distribution" ...
"If you own WMB senior or subordinated debt ?', ... your claim follows your ownership" ...
Tranche 5 Class 18, the employee claimants, already have a Court Assigned Disputed Claims Reserve (DCR) ...
... WE', ... will move forward without the WMI-LT ... "other than" ... the WMI-LT's ability to be utilized as a Pass-Through Mechanism
... NO additional "Interests" (LTI's) in the WMI-LT will be issued, ...
... Watch the reorganized new company, WMIH-Corp as it' needs to address the Original Class Releasing WMIIC / WMI Estate Owners' ahead of the completed merger with NationStar' ... Everyone Wins ...
AZ
~ Goodie’, The CIC Hearing Is Scheduled Already ~
... From memory, Judge Walrath hand wrote the Court Date To Be in February of 2019’ ... (the 19th I think) ...
Plan 6’s approval would have ended ... Everything’, ... at its Implementation had it been approved ... it wasn’t obviously ...
... So The Class 17’s D.C. dual tracking litigation continued, ... as well as the Class 18’s employee claimants issues’ ... Tranche 5’ ...
... the time lengthened has allowed for the discouraging presentations ... but’, ... Here we still are’ Just The Same
AZ
~ WMIH-Corp ?, Misunderstood & Misrepresented ? YEP’ ~
... The Great WaMu, WMIIC / WMI, Plan 7 Delaware Court Approved Reorganization into’, WMI Holdings Corp, (03/19/2012), now to the Currently Existing, ... WMIH-Corp ...
1 * ... To the Present Tense’, ... “it is what it is”, ... and none of this (imo’ purposeful) confusion being presented currently matters’ ... Absolutely None Of It’ ...
2 * ... WMI Financially Benefited from it’s own percentage (%), of participation in “Performing Trusts”, ...
3 * ... The WMB Issued Preferred, “Exchange Event”, occurred at 8:00am on 09/26/2008’ ... the TPS Lost That Argument (Litigation)
4 * ... WMIIC Filed For Delaware Chapter 11 Reorganization, ... First’, ... at 10:15pm on 09/26/2008’ ...
5 * ... WMI Filed For Delaware Chapter 11 Reorganization, ... Second’, ... at 10:16pm on 09/26/2008’ ...
6 * ... Plan 6’ debtor submissions were denied Twice, A mediation was Delaware Court Ordered, and Plan 7 was ultimately Settled, Approved, and Implemented on 03/19/2012 ...
7 * ... The Original WMI Action Litigation Continued beyond Plan 7’s Implementation and was Dual Tracking in Judge Collyer’s Court in D.C. ... Judge Collyer’s Opinion Was Filed in June of 2015’, and the Settlement Achieved was subsequently signed in August of 2016’ ...
8* ... The Completion of the “Globic Settlement” (s), requirements were finalized by 12/31/2017’ ...
9 * ... The WMI-LT can only ... RE-Distribute any of the leftovers currently being reported in its SEC submitted QSR’s, at the 75% / 25% ratio to the Original Releasing Class Participants ...
10 * ... While Still Active For only its short future life span, ... The WMI-LT will and can be utilized as a Pass-Through Mechanism ...
11 * ... The WMIH-Corp ... Merger’, ... with NSM has (thankfully) as of February of 2018’ now been announced
Now, For All’ NSM Participants, WMIH-Corp Shareholders, as well as the Original Class Releasing Owners ... ? ... refer to the origins as stated ...
... WMI Financially Benefited from it’s own percentage (%), of participation in “Performing Trusts”, ... WMI Owns 100% of the Equity Interest In WMIIC ... and ... The Great WaMu, WMIIC / WMI, Plan 7 Delaware Court Approved Reorganization into’, WMI Holdings Corp, (03/19/2012), then now to the Currently Existing, ... WMIH-Corp ...
... Again, To the Present Tense’, ... “it is what it is”, ... and none of this (purposeful) confusion being presented currently matters’ ... Absolutely None Of It’ ...
Watch the new company, WMIH-Corp’ ... then, now, and soon to be’ ...
(the WMI-LT is financially meaningless) to ... Everyone Now Involved ... and, ... any IRS Tax Benefit Aligned with WMI’s (originally seized), Bank’ ... WMB ... dissipates when WMI’s Bank, ... WMB ... is removed from the Original Consolidated Taxing Group as the Change in Control is finalized and WMB’s ... final and completed move to JPMC
AZ
~ That’s NOT What I Said or Meant ~
... Plan 7’s 41.6, gave you an opportunity to Participate ... not an ability to stop its approval ...
Per the Executive Vice President of Washington Mutual Inc., ... 09/26/2008 @ 10:15pm ...
... WMI Owns 100% of the Equity Interest in WMIIC ...
... the generated returning values of the great WaMu, were protected from minute one’, ... then once they were protected, @ 10:16pm, WMI was able to file for Delaware Chapter 11 Reorganization ...
(WMIIC / WMI, reorganized into WMI Holdings Corp, and is now WMIH-Corp)
... Everyone Ultimately Involved ... ? ... Wins’
AZ
~ Seamus, Maybe This Will Help You’ ~
... Refer back to Plan 6’, understand what was being attempted, Know that 6’ Failed’, ... and then add your own ability to be included ...
... One must compensate for the additional time this has taken since the Plans Implementation, with an understanding and an acknowledgement of the continued D.C. Dual Tracking Litigation ... Litigation in Judge Collyer’s Court, that obviously needed completion and settlement due to Plan 6’s failure’, ... and thankfully for Us’ Plan 7’s Approval ...
The WMIIC / WMI Original Estate Values’, ... ? ... Have Not Ever Changed’, ... Only Now ?, they have only grown over these lengthy years of waiting for the litigations completion ...
The debtor’, for an original participation wanted from the hedge funds, for ownership of the reorganized new company, ... $25.00 per share / 100,000,000 shares total / with a minimum of a $2,000,000.00 participation ... square one’, ... day one’, ...
The Performing Trusts would have hypothetically began properly functioning from that point in time’, ... 2011 / 2012 ... had Plan 6 been approved due to the fact that the with a Plan 6 approval, the D.C. Action would have ended symultaneously ... however, things didn’t work out that way though (thankfully)
Yes NationStar will get FAT’, on WMIH-Corp’s Needs’, as WMIH-Corp NOW needs a Servicing Platform ... Now that the litigation is completed, and those very same Performing Trusts, are Now able to begin properly functioning ... it is also my own opinion, that NSM is a perfect fit for us’, ...
... So If you Released (41.6) in order to Participate ... ? ... then Yes, as an original Class Defined releasing owner, along with WMIH-Corp and the rest of All of the Original Owners, Institution and Individual alike, YOU will be just fine ...
AZ
~ Hey Tacoma Yes, It's been Awhile' ~
Thank You' and I hope ya'll are doing just fine as well'
This Original WMIIC / WMI, initially exiting into the Reorganized WMI Holdings Corp, and now to WMIH-Corp ... WILL' move forward in a positive financial manner, when the Involved Institutions Say So', ... period', ... We' don't matter, actually the more of Us' ? that can be discouraged and leave ?, ... the better for Them' ...
... Everyone waits at the very same pace, the Institutions and the Individuals Alike', ... the institutions are obviously NOT LEAVING' so neither am I' ...
... I don't know exactly what kind of a recovery timeline the WMB Bank Noteholders (referred to as the ad-hoc Steering Committee) actually agreed to' back at the Settlement, in August of 2016', ... but it's obvious to me that the process is moving' ...
Just Remember;
IF ? The WMI-LT Can’t Discourage, Distract, or Confuse You’, ?
... Then WMIH-Corp, ... WON’T ... Hurt You' ... (not because of who We' are, but because of who We' are partnered up with)
... the newco, WMIH-Corp, isn’t going anywhere financially relevant, without acknowledging the Original WMIIC / WMI Class Releasing Owners of the Original Estate’, ... WMIH-Corp' Itself’ ?, is Also' Obviously Included’ in a positive result, ...
as has been stated, ... WMIH-Corp, needs to provide the last two years Audited’ and, be all cleaned up as well and totally SEC compliant, prior to the finalized merger with NSM’, ...
Again, ... We’ ... were not ever planned for ?, or ever supposed to be still here’, ... BUT, Here ... We’, ... Still Are Just The Same ...
... there has been a lot of misunderstood ? and misrepresented ? docs’, ... However' ... none of that ... Changes A Thing ...
Good Luck to You and ALL of the Honest People Still Out There
AZ
~ Nope’, NO Class 16’s (creditor class), For This Cowboy ~
... I Own Class 17’s, WMB Bonds, ... Class 19’s, WMI Preferred Series, ... and Class 22’s, WMI Common Share Original WMIIC / WMI Estate Ownership’, ... and, WMIH-Corp newco shares’ ...
(the Class 16’s were a suckers play in my opinion, a taxation nightmare, capped, & no estate ownership markers ... they got cheap because the hedge funds wanted out and played some of the retailers before Plan 7 was implemented, 23 million shares)
AZ
~ RD, Yeppers My Cowboy’ Sense Of Humor At Work ~
... When I was studying the WaMu Related Trusts’, and as their individual financial unit prospectus ? ... They always had a segment titled ... ~ Know What You Own ~ ... I thought it was cool and picked it up as a subject presentation, ... as our entire financial future, WMIH-Corp, NSM, and Us’ of course, ... is also based on the Performing Trusts
anyhew’
AZ
~ Marina, Well ?, More’ Much More ~
Here’s Why’, ... Limited to the DB issue’ ?, one has to consider LB’, ... Long Beach, was purchased as a unit’, and the Long Beach Package unit, continued to be serviced as it originally was already being serviced when bought by WaMu’, ... we know the rest as it was sold off to DB ... the rest ? regarding Long Beach, doesn’t concern us’, ...
... Now these Trusts ?, are the real deal’ ... this list is 155 of them, (there’s more), and those CMBS Private Offerings ? (Commercial Mortgage Backed Security’s), ... are probably quite large’, ... it’s not unusual for a Commercial Cert to have a Base Value of some 5 or 6 billion plus’, as a singular ...
When finding any of the Commercial Lines Certs ?, They are Always Financially Exciting, because they are always so large’, ... Malls, High Rise Buildings, Home Depot’s type buildings, ... etc
AZ
~ RD, Some Of These “Trusts” Are Already Being Serviced By NSM’, ~
(It’s my opinion, that all of them’ eventually end up being serviced by NSM)
The amounts of information, are literally ... overwhelming ...
... If ? You want to randomly pick one of the listed Public Offerings, ... copy, paste and post one of the 03/25/2018 Reported ?, ... I’ll post the as of 03/25/2018’ distribution breakdown ... c@@l stuff’
AZ
~ MadBadger, You’re Welcome, Yes’ WaMu ? Never Disappoints ~
There’s “stuff”, everywhere’, ... I can only hope that WMIH-Corp, is up to the task
AZ
~ Just A Few More ? “WaMu” Performing Trust(s) ~
... The Following List of Trusts, ARE NOT Deutche Bank or Long Beach, 11.9% Duff & Phelps Loss Ratio related to Globic, ... (155) ... nor, are any of these Trusts’, related to the Original WMB Bond Noteholder Program ...
Deal Name Product Type Recent Report Date Privacy
WAMU GT 2001-1 CMBS 09/19/2011 Privat Login to access
WAMU 2001-1 CMBS 09/19/2011 Private Login to access
WAMU 2002-AR1 ABS/MBS 03/25/2018 Public
WAMU 2002-AR3 ABS/MBS 03/25/2018 Public
WAMU 2002-MS1 ABS/MBS 07/25/2011 Public
WAMU 2002-MS10 ABS/MBS 07/25/2011 Public
WAMU 2002-MS11 ABS/MBS 07/25/2011 Public
WAMU 2002-MS12 ABS/MBS 07/25/2011 Public
WAMU 2002-MS2 ABS/MBS 07/25/2011 Public
WAMU 2002-MS3 ABS/MBS 07/25/2011 Public
WAMU 2002-MS4 ABS/MBS 07/25/2011 Public
WAMU 2002-MS5 ABS/MBS 07/25/2011 Public
WAMU 2002-MS6 ABS/MBS 07/25/2011 Public
WAMU 2002-MS7 ABS/MBS 07/25/2011 Public
WAMU 2002-MS8 ABS/MBS 07/25/2011 Public
WAMU 2002-MS9 ABS/MBS 07/25/2011 Public
WAMU 2002-S5 ABS/MBS 07/25/2011 Public
WAMU 2002-S6 ABS/MBS 07/25/2011 Public
WAMU 2002-S8 ABS/MBS 03/25/2018 Public
WAMU 2003-AR1 ABS/MBS 03/25/2018 Public
WAMU 2003-AR2 ABS/MBS 03/25/2018 Public
WAMU 2003-AR3 ABS/MBS 03/25/2018 Public
WAMU 2003-AR4 ABS/MBS 03/25/2018 Public
WAMU 2003-C1 CMBS 04/25/2014 Private Login to access
WAMU 2003-MS1 ABS/MBS 03/25/2018 Public
WAMU 2003-MS2 ABS/MBS 03/25/2018 Public
WAMU 2003-MS3 ABS/MBS 03/25/2018 Public
WAMU 2003-MS4 ABS/MBS 03/25/2018 Public
WAMU 2003-MS5 ABS/MBS 03/25/2018 Public
WAMU 2003-MS6 ABS/MBS 03/25/2018 Public
WAMU 2003-MS7 ABS/MBS 03/25/2018 Public
WAMU 2003-MS8 ABS/MBS 03/25/2018 Public
WAMU 2003-MS9 ABS/MBS 03/25/2018 Public
WAMU 2003-S1 ABS/MBS 03/25/2018 Public
WAMU 2003-S10 ABS/MBS 03/25/2018 Public
WAMU 2003-S12 ABS/MBS 03/25/2018 Public
WAMU 2003-S13 ABS/MBS 03/25/2018 Public
WAMU 2003-S2 ABS/MBS 03/25/2018 Public
WAMU 2003-S3 ABS/MBS 03/25/2018 Public
WAMU 2003-S4 ABS/MBS 03/25/2018 Public
WAMU 2003-S5 ABS/MBS 03/25/2018 Public
WAMU 2003-S6 ABS/MBS 03/25/2018 Public
WAMU 2003-S8 ABS/MBS 03/25/2018 Public
WAMU 2003-XSF1 ABS/MBS 03/25/2018 Public
WAMU 2004-AR14 ABS/MBS 03/25/2018 Public
WAMU 2004-CB4 ABS/MBS 03/25/2018 Public
WAMU 2004-RA1 ABS/MBS 03/25/2018 Public
WAMU 2004-RA2 ABS/MBS 03/25/2018 Public
WAMU 2004-RA3 ABS/MBS 03/25/2018 Public
WAMU 2004-RA4 ABS/MBS 03/25/2018 Public
WAMU 2004-S2 ABS/MBS 03/25/2018 Public
WAMU 2004-S3 ABS/MBS 03/25/2018 Public
WAMU 2005-AR10 ABS/MBS 03/25/2018 Public
WAMU 2005-AR12 ABS/MBS 03/25/2018 Public
WAMU 2005-AR14 ABS/MBS 03/25/2018 Public
WAMU 2005-AR15 ABS/MBS 03/25/2018 Public
WAMU 2005-AR17 ABS/MBS 03/25/2018 Public
WAMU 2005-AR19 ABS/MBS 03/25/2018 Public
WAMU 2005-AR3 ABS/MBS 03/25/2018 Public
WAMU 2005-AR5 ABS/MBS 03/25/2018 Public
WAMU 2005-AR7 ABS/MBS 03/25/2018 Public
WAMU 2005-C1 CMBS 02/20/2018 Private Login to access
WAMU 2005-RA1 ABS/MBS 03/25/2018 Public
WAMU 2006-AR10 ABS/MBS 03/25/2018 Public
WAMU 2006-AR11 ABS/MBS 03/25/2018 Public
WAMU 2006-AR12 ABS/MBS 03/25/2018 Public
WAMU 2006-AR13 ABS/MBS 03/25/2018 Public
WAMU 2006-AR14 ABS/MBS 03/25/2018 Public
WAMU 2006-AR15 ABS/MBS 03/25/2018 Public
WAMU 2006-AR16 ABS/MBS 03/25/2018 Public
WAMU 2006-AR17 ABS/MBS 03/25/2018 Public
WAMU 2006-AR18 ABS/MBS 03/25/2018 Public
WAMU 2006-AR19 ABS/MBS 03/25/2018 Public
WAMU 2006-AR2 ABS/MBS 03/25/2018 Public
WAMU 2006-AR6 ABS/MBS 03/25/2018 Public
WAMU 2006-AR7 ABS/MBS 03/25/2018 Public
WAMU 2006-AR8 ABS/MBS 03/25/2018 Public
WAMU 2006-AR9 ABS/MBS 03/25/2018 Public
WAMU 2006-HE1 ABS/MBS 03/26/2018 Public
WAMU 2006-HE2 ABS/MBS 03/26/2018 Public
WAMU 2006-HE3 ABS/MBS 03/26/2018 Public
WAMU 2006-HE4 ABS/MBS 03/26/2018 Public
WAMU 2006-HE5 ABS/MBS 03/26/2018 Public
WAMU 2006-SL1 CMBS 03/23/2018 Private Login to access
WAMU 2007-HE1 ABS/MBS 03/26/2018 Public
WAMU 2007-HE2 ABS/MBS 03/26/2018 Public
WAMU 2007-HY1 ABS/MBS 03/25/2018 Public
WAMU 2007-HY2 ABS/MBS 03/25/2018 Public
WAMU 2007-HY3 ABS/MBS 03/25/2018 Public
WAMU 2007-HY4 ABS/MBS 03/25/2018 Public
WAMU 2007-HY5 ABS/MBS 03/25/2018 Public
WAMU 2007-HY6 ABS/MBS 03/25/2018 Public
WAMU 2007-HY7 ABS/MBS 03/25/2018 Public
WAMU 2007-MF1 ABS/MBS 03/23/2018 Private Login to access
WAMU 2007-OA1 ABS/MBS 03/25/2018 Public
WAMU 2007-OA2 ABS/MBS 03/25/2018 Public
WAMU 2007-OA3 ABS/MBS 03/25/2018 Public
WAMU 2007-OA4 ABS/MBS 03/25/2018 Public
WAMU 2007-OA5 ABS/MBS 03/25/2018 Public
WAMU 2007-OA6 ABS/MBS 03/25/2018 Public
WAMU 2007-SL2 ABS/MBS 03/27/2018 Private Login to access
WAMU 2007-SL3 ABS/MBS 03/23/2018 Private Login to access
WAMU 2008-SFR-2 ABS/MBS 03/27/2018 Private Login to access
WMABS NIM 2006-HE1 ABS/MBS 03/26/2018 Private Login to access
WMABS NIM 2006-HE2 ABS/MBS 03/26/2018 Private Login to access
WMABS NIM 2006-HE3 ABS/MBS 03/26/2018 Private Login to access
WMABS NIM 2006-HE4 ABS/MBS 03/26/2018 Private Login to access
WMABS NIM 2006-HE5 ABS/MBS 03/26/2018 Private Login to access
WMABS NIM 2007-HE1 ABS/MBS 03/26/2018 Private Login to access
WMALT 2005-1 ABS/MBS 03/25/2018 Public
WMALT 2005-10 ABS/MBS 03/25/2018 Public
WMALT 2005-11 ABS/MBS 03/25/2018 Public
WMALT 2005-2 ABS/MBS 03/25/2018 Public
WMALT 2005-3 ABS/MBS 03/25/2018 Public
WMALT 2005-4 ABS/MBS 03/25/2018 Public
WMALT 2005-5 ABS/MBS 03/25/2018 Public
WMALT 2005-6 ABS/MBS 03/25/2018 Public
WMALT 2005-7 ABS/MBS 03/25/2018 Public
WMALT 2005-8 ABS/MBS 03/25/2018 Public
WMALT 2005-9 ABS/MBS 03/25/2018 Public
WMALT 2005-AR1 ABS/MBS 03/25/2018 Public
WMALT 2006-1 ABS/MBS 03/25/2018 Public
WMALT 2006-2 ABS/MBS 03/25/2018 Public
WMALT 2006-3 ABS/MBS 03/25/2018 Public
WMALT 2006-4 ABS/MBS 03/25/2018 Public
WMALT 2006-5 ABS/MBS 03/25/2018 Public
WMALT 2006-6 ABS/MBS 03/25/2018 Public
WMALT 2006-7 ABS/MBS 03/25/2018 Public
WMALT 2006-8 ABS/MBS 03/25/2018 Public
WMALT 2006-9 ABS/MBS 03/25/2018 Public
WMALT 2006-AR1 ABS/MBS 03/25/2018 Public
WMALT 2006-AR10 ABS/MBS 03/25/2018 Public
WMALT 2006-AR2 ABS/MBS 03/25/2018 Public
WMALT 2006-AR3 ABS/MBS 03/25/2018 Public
WMALT 2006-AR4 ABS/MBS 03/25/2018 Public
WMALT 2006-AR5 ABS/MBS 03/25/2018 Public
WMALT 2006-AR6 ABS/MBS 03/25/2018 Public
Washington Mutual WMALT 2007-OA1 ABS/MBS 01/26/2009 Public
WMALT 2006-AR7 ABS/MBS 03/25/2018 Public
WMALT 2006-AR8 ABS/MBS 03/25/2018 Public
WMALT 2006-AR9 ABS/MBS 03/25/2018 Public
WMALT 2007-1 ABS/MBS 03/25/2018 Public
WMALT 2007-2 ABS/MBS 03/25/2018 Public
WMALT 2007-3 ABS/MBS 03/25/2018 Public
WMALT 2007-4 ABS/MBS 03/25/2018 Public
WMALT 2007-5 ABS/MBS 03/25/2018 Public
WMALT 2007-HY1 ABS/MBS 03/25/2018 Public
WMALT 2007-HY2 ABS/MBS 03/25/2018 Public
WMALT 2007-OA1 ABS/MBS 03/25/2018 Public
WMALT 2007-OA2 ABS/MBS 03/25/2018 Public
WMALT 2007-OA3 ABS/MBS 03/25/2018 Public
WMALT 2007-OA4 ABS/MBS 03/25/2018 Public
WMALT 2007-OA5 ABS/MBS 03/25/2018 Public
WMALT 2007-OC1 ABS/MBS 03/25/2018 Public
WMALT 2007-OC2
just sayin’
AZ
~ Bob Well ?, This Is What I Personally Believe ~
... And ? as I have Stated’, now quite a number of times’, ... How I did my level best to pay attention and fine tune my WaMu Investments’, ...
... It is and has been my own opinion for quite awhile now, that, ... the Approved Plan 7’ Reorganized WMIIC / WMI, originally to WMI Holdings, and now to WMIH-Corp, ... (still’, today’ showing with 207 million shares out, of a possible 3.5 billion), ... IS’ TRULY’, ... a Financially Positive and Eventual Receiving Partner ... ALONG WITH US’, ... of the Massive Amount of the Originally Participated In, CMBS and RMBS’ Performing Trusts’, ... Class Defined ...
... Plan 7’ Paid ALL of the WMI Creditors (WMIIC didn’t originally file with any debt or creditors) ...
... And, the continued D.C. Dual Tracking Litigation kept the WaMu Legal Process Tied Up until literally just Last Year’, ...
So, back to your question ... ? ... Yes, WMIH-Corp will need to partner up with the Original Class Defined Actual Owners of the WMIIC / WMI Estate prior to the completion of the up and coming merger with NationStar’, ...
... I give zero time or financial recognition to the WMI-LT’, ... other than ... its ability to simply be utilized as a Pass-Through Mechanism while it continues to function’, for just a short time longer’, ...
... How ? ... WMIH-Corp accomplishes What It needs to do ?, ahead of the NSM merger ?, ... I’m sure will be just fine’, ... It is the ... Fact’, ... that WMIH-Corp needs to clean this up ahead of the NSM merger ? ... is all I’m watching for’ ... and concerned with’, ...
All of the Original Security’s, ... the Class 17 WMB Bonds, the WMI Class 19 Preferreds, ... and the Original WMI Class 22 Commons, ... as well as’ the currently traded shares in WMIH-Corp, ... ARE ALL QUITE VALUABLE ...
AZ
~ If One Begins With A Sound Foundation ? This Makes Sense' ~
... WMIH-Corp(s) Current Existence, is premised on it's Beginning's at the WMIIC / WMI Approved Plan 7 Reorganization', ...
WMIIC / WMI (s) Submission for a Plan 6' Approval Was Denied Twice'
The reason Plan 6 wasn't able to be approved, was because the WMB Noteholders, FORCED' Rule 510(b) SUBORDINATION' ... As They (the WMB 120 Accredited Investors), "Refused" to accept a Debtor Representative Offer, of a Class 12 General Unsecured Nomenclature' ...
Their Forcing of "Rule 510(b) SUBORDINATION", Legally Mandated that ALL Creditor Classes needed to be addressed FIRST', ...
Then, being that the WMIIC / WMI Submitted Failed Plans of Reorganization could NOT END at the WMB Bank Bonds', ... Plan 7 was submitted, actually properly following "BANKRUPTCY RULE 510(b) SUBORDINATION", ...
PLAN 7's MEDIATED RESULT in late 2011, Properly Class defined the Creditor Classes Recovery, (Tranche 1 thru Tranche 4), ... Then, again in proper fashion, addressed the WMB Bank Issues (Tranche 5), ... subsequently, then again, as procedurally correct and following proper SUBORDINATION, ending Plan 6's submitted flaws and its ability to be approved, ... Allowing for the Reorganization of WMIIC / WMI' at their OWN Preferred Classes, and Finally Ending with the proper and actual owners of the WMIIC / WMI Estate, the Class 22 Common Shareholders' ...
One has to First understand just what was at the time also "Dual Tracking" in Judge Collyer's Court in D.C., ... as well as, Just What was being attempted to get approved within Plan 6' to understand just where and why we are through to today', ...
... Had Plan 6 been approved, ... ? ... with the WMB Bank Bond Holders acceptance of a Debtor Offering of a Class 12 General Unsecured Nomenclature ?, ... the D.C. Dual Tracking Litigation would have ended at a Plan 6 Implementation, ... and' ALL of the Equity Classes, Class 19, Class 21, Class 22, as well as the employee claimants would have been completely disregarded ...
... The WMB Bank Bondholders', ... DID NOT TRUST This Debtor', ... as They' FORCED RULE 510(b) SUBORDINATION, and obviously continued to Litigate in D.C., beyond the Delaware Plan 7, WMIIC / WMI 03/19/2012 Approved Plan 7 Implementation Date ...
Again had Plan 6 been approved ?, ... Plan 6 would have left the Massive and the Entire, ... Future Tense', WMIIC / WMI, Continuous Cash Producing Machine to the Owners of the PIERS Hybrid Securities', ... as well as the Reorganized New Company', ...
... Yes, Plan 6 Failed Twice' ... However', here We' Still Are ... along with all of the Accumulated Trust Produced Funding', ...
... "it is what it is" ...
Just Remember, ... If ?, ... You submitted your Release as 41.6 stated, ... Your Class of Ownership', Release Submitted, ... ALLOWED YOU' to PARTICIPATE in the ALREADY' Able to Be, Approved Plan 7', ...
AZ
~ GG, Thank You’, I Was Blessed To Have Been Notified Of This Early On ~
... Once I was notified of this reality, by KCC in an email format ... everything began to make sense’, ...
the email I received was dated, ... June of 2014’, ... thus the reason for my presentation of’,
~ NO’ No Will Never Be Issued An LTI ~
AZ
~ GG, That IS’ Correct’, NO Additional LTI’s Will Be Issued ~
... as well as, the last WMIIC / WMI creditor class (Tranche 4’ class16), will eventually be left impaired ...
... any remains of the WMI-LT, will simply be RE-Distributed to the Class Released Participants at the 75% / 25% ratio’, ... But, that’s it ... there won’t be much of any leftovers to be concerned with’, ...
... the WMI-LT, doesn’t matter for what is actually financially relevant (it’ never has, even though’, revealing that truth ?, Has Never Been Popular), ...
... Watch WMIH-Corp ...
AZ
~ Equity Class 21, Received Cash & Shares, NO LTI's ~
... It has always been my own opinion that, this WMI-LT has purposely confused the people ... and has obviously had some assistance' in doing so' ...
If anyone studies the WMI-LT's SEC QSR's that have been submitted on a quarterly basis', ... it becomes crystal clear just what the WMI-LT ... DOES NOT HAVE ... or', ... CAN NOT CONTROL' ... NO', No Interests' (referred to as LTI's) in this LT' are actually able to be issued beyond the already issued LTI's for the Class 17a's ...
... If One Keeps their eyes on WMIH-Corp, ... ? ... Now that the "Globic Settlement" has finally been completed and the merger agreement with NSM now revealed', ?, ... Regarding the Entire WMIIC / WMI Estate and the "Class Designated" Releasing Participants, the True Original owners of the WMIIC / WMI Estate', (which along with us', also includes WMIH-Corp), things will begin to make sense' ...
at this point in time regarding the WMI-LT' ? ... it is able to be utilized as a Pass-Through mechanism, ONLY' ...
AZ
~ Dragoon, IF ? The WMI-LT Can’t Distract You’, ? ~
... Then WMIH-Corp, ... WON’T ... Hurt You ...
... the newco, WMIH-Corp, isn’t going anywhere financially relevant, without acknowledging the Original WMIIC / WMI Class Releasing Owners of the Original Estate’, ... Itself’ ?, Obviously Included’, ...
as stated, ... WMIH-Corp, needs to provide the last two years Audited’ and, be all cleaned up as well as, SEC compliant, prior to the finalized merger with NSM’, ...
... We’ ... were not ever planned for ?, or ever supposed to be still here’, ... BUT, Here ... We’, ... Still Are Just The Same ...
... misunderstood ? and misrepresented ? docs’, ... DO NOT ... Change A Thing ...
AZ
~ EmptyHead, No Problem' This ? Is Simply What The Original Plan Was ~
The difference is that Now ? ... The Original Class Defined Retailers Are Able To be Involved ... as Plan 7's 41.6 Allowed ... US', ... To be in a position to Class Release Our (Individualized and Chosen') Holdings ?', and Participate', ...
AZ
~ As Recently As 02/09/2018 ?' WMIH-Corp Was Available @ $.75 ~
... If' ? ... ALL of the ridiculous distractions and misunderstood and misrepresented doc's are simply ignored ?, ... there's money to be be made here', ...
... Again, Forget about the WMI-LT', its a distraction', read a QSR' there's no relevant money there ... Keep Your Eyes on WMIH-Corp
( ~ NO', I Will NEVER Be Issued An LTI ~ ) that AZ Statement was true back then ?, and is still TRUE Today', ...
... (a WMIH-Corp $4.00 pps will come and go prior to ol' AZ selling anything' ... I'm here for a much bigger WaMu / WMIH-Corp financial result')
just sayin'
AZ
~ Who ?, Doesn't Believe WMIH-Corp Can Hit $4.00 ? ~
... As reasonably soon as the "Restricted Cash" is actually moved', ... which of course disables the pps controlling mechanism known as the, ... "Embedded Derivative Function" ...
The Transitional calculation has already been defined to 03/16/2018 @ $1.35, ... AND ?', ... At the NSM / WMIH-Corp merger's completion ?, ALL of the existing issued WMIH-Corp A' and B' Series Preferred ?, ARE GONE' ...
My Suggestion' ?, ... Is To Forget about ALL' of the obvious WMI-LT continuing distractions ... The WMI-LT IS NOT where any of the financial relevance is located' ...
... Keep Your Eyes on WMIH-Corp ... (a WMIH-Corp $4.00 pps will come and go prior to ol' AZ selling anything' ... I'm here for a much bigger WaMu / WMIH-Corp financial result')
just sayin'
AZ
~ No One' Admitted Any Mistakes or Filing Error, Simply A Re-Wording Is All' ~
... This was of course (reasonably) necessary, however obviously' not any big deal ... The 8-K's Amendment Now simply refers to the NasDaq', (as open ended)
... As I Posted, on 03/30/2018 ...
~ IF ? This SEC Filed WMIH-Corp 8-K Is Flawed ? ~
... This Now, Signed' and Submitted, WMIH-Corp Feb 12th, 2018 SEC Filed 8-K, will need to be amended and or a correction filed', ...
~ JHD, Yes' Regarding You ? and WMIH-Corp ? ~
... If', ... over the years, YOU' have been able to acknowledge the Truth Tellers, read, study, and look beyond these multiple discussion arena promotions, ... ? ... and YOU have not been able to be discouraged ?, ... and YOU are obviously still here as a participating member ?, ... Then Yes YOU Will Be Fine', ...
... Plan 6', is actually about to be realized, only now with the approved Plan 7, with the original shareholders now currently involved' and ultimately owning the Original WMIIC / WMI Estate', ...
AZ
~ Hello LG', And The Very Same Good Wishes To You and Yours' As Well ~
"Are your thoughts that WMIH does business with the investors who signed timely releases by 3/2012 post merger finalization or before?"
... Yes, I surely do' ... Last Year 2017's completion of the "Globic Settlement" needed to be finalized and completed' as it was originally representative and a continuation of the Original WMI Action', which had always been Dual Tracking in Judge Collyers Court in D.C. ...
... then we' witnessed the 15(g) reports as of 12/31/2017, reported to us on 02/12/2018, the very next day on the 13th of February, the Merger with NationStar, was then able to be revealed', ...
... Currently as ... We' ... now begin to enter into the Second Quarter of 2018, ... WMI, which originally reorganized into WMI Holdings, now transitioned into WMIH-Corp, ... needs to address and accommodate its Original Trust Segregated Value's, as well as those Very Same Trust Supported Values Original Class Releasing Owners' ... prior to the SEC Mandated process and decisions that the NationStar Folks will soon be beginning', ...
AZ
~ This Is Surely Quite Interesting To Watch ~
... Regarding the transcript' presented earlier, ? ... the Right Guy, the Right Judge, the Correct Court, ... simply the Wrong Day', ... as J Carreon told Judge Walrath, the tax benefiting NOL's (Net Operating Loss), originally aligned with WMI's Seized Bank WMB, will be gone once WMB completes the (CIC), and is eventually removed from the original consolidated taxing group' ...
... other than the obvious of the going way out of one's way ?, ... it truly doesn't matter ... "it is what it is" ...
As we watch, ... the new company WMIH-Corp, is obviously now able to move forward, and the WMI-LT doesn't matter', ... yes, the WMI-LT is able to be used as a Pass-Through' Mechanism, ... but no additional "Interests" (or LTI's) will be issued', ... any of the remaining leftovers of the WMI-LT, as the QSR's Report, ... will simply be RE-distributed at the 75% / 25% ratio' at the final LT accounting, ... If' ? there is anything left over at all once the lawyers get done' ... I doubt there is much left', ...
... The Financially Relevant and REALLY Valuable, Return of Investment (ROI), aligne with the Great WaMu, has never changed, ... only those that became able to participate changed', ...
The True Values, will come from the new company (WMIH-Corp)(s), ability to tap into the Trusts', ... the Original Performing Trusts, and obviously the new companies, need to do business with the Original Class Releasing Owners of the Entire Estate', ...
... Yes, The process has already begun', ... now that NationStar is here', ...
AZ
~ Intuitive', Yes I'm Here' ~
... I'm just paying very close attention to WMIH-Corp', ... and Not', to most of the "flawed" presentations
The S-4 Filed last Friday was truly a very positive event for me', ... obviously along with the now announced "Merger" with NationStar', ...
Had the "Performing Trusts", restrictive D.C "Dual Tracking Litigation" not been completed last year ?, ... The WMIIC / WMI Reorganized Newco' (WMIH-Corp) would have remained in a holding pattern', ...
It Is ?, and has been, My Own Opinion ?, that ... We', ... are finally in fine shape as ... We', ... are finally, obviously in a financially forward moving pattern ...
AZ
~ IF ? This SEC Filed WMIH-Corp 8-K Is Flawed ? ~
... This Now, Signed' and Submitted, WMIH-Corp Feb 12th, 2018 SEC Filed 8-K, will need to be amended and or a correction filed', ...
~ WMIIC / WMI, Now WMIH-Corp', Originally Filed For 2' Chapter 11' "Reorganization's" ~
WaMu wasn't financially "bankrupt", Nope, not by any means, ... all things considered', ...
WaMu, WMIIC / WMI, each filing individually, Filed to "Reorganize" under the Existing Laws of Delaware', ... (without a sound and correct beginning basis, the WaMu process has been very easily misunderstood, and continues to be, even after all of these years, misrepresented) ...
... WaMu, or better referred to as, WMIIC / WMI, upon Plan 7's Approval Actually "Reorganized", First into WMI Holdings Corp. which has now transitioned into WMIH-Corp., ...
Actual Signed and Court Approved (a Delaware Venue) Docket Filings, and Actual Signed SEC Submissions are all that matter' and are actually able to be held accountable, ... truly nothing else', ...
~ LG', Yes' In 2012, I Released In Support Of Plan 7 ~
As I have said to the group numerous times, ... At Plan 7's "requirement" to participate, I fully released my WMI' Class 19's, my Class 21's, (voting shares only) and my Class 22's ...
Also, "due to the fact that", ... the D.C. Litigation Continued Beyond Plan 7's Implementation Date of 03/19/2012', ... my additionally purchased and now currently owned Tranche 5 Class 17' WMB Fixed Income Security's, which originally had their release brought forward from Plan 6', I have not yet released my WMB Class 17 Fixed Income Securities, ...
... "Having their release brought forward from Plan 6' and being an eventual derivative of JPMC, Tranche 5 Class 17(a&b) will have deemed to have released upon receipt of their distribution" ... the WMB CIC (Change In Control), Completion' hasn't happened, or been finalized quite yet', ...
However, Back to Your Question', ... "do you think a value for share-exchange event will happen before NSM shareholders vote ?" ...
... Yes, I believe now that the merger with NSM has been announced, WMIH-Corp will need to do some serious internal housekeeping with the Original Releasing Owners of the Original WMI' Estate, the currently held designated Class Segregated Tracking Marker Holdings' ...
~ Thanks Ryan, We’ Should Now, All Be Just Fine ~
... this now announced merger and its requirements are truly excellent ...
Let me have a bit of fun with you, ... WMIH-Corp, as the (2017) reorganized WMI Holdings Corp., as the (2012) reorganized WMI., ... isn’t going anywhere ... without us’, ...
... (Us = the original segregated class releasing actual owners of the Great WaMu) ... (institutions and individuals alike) ...
AZ