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COULD THIS BE US? IF SO, PROOF WMI DST IS ALIVE AS POSITED FOR YEARS & WILL LIKELY PLAY A PIVOTAL IN POTENTIAL DISTRIBUTIONS…AGAIN PROVES THREE VERY IMPORTANT TOPICS/ACTIONS
1) WMI IS STILL ALIVE as posited when is became a DST in early March of 2012
2) Delaware Statutory Trust is Real & Likely Avenue For Future Distributions
3) Safe Harbor is REAL and ALIVE As Shown In The Following Filing
Even if this is NOT us, this filing still proves Safe Harbor and DST are real as discussed for years
Thanks to Govie on BP
Private placements - Rule 506(b)
(Deleted portions to keep minimal)
https://www.sec.gov/education/smallbusiness/exemptofferings/rule506b
Section 4(a)(2)
Rule 506(b) of Regulation D is considered a “safe harbor” under Section 4(a)(2). It provides objective standards that a company can rely on to meet the requirements of the Section 4(a)(2) exemption. Companies conducting an offering under Rule 506(b) can raise an unlimited amount of money and can sell securities to an unlimited number of accredited investors. An offering under Rule 506(b), however, is subject to the following requirements:
no general solicitation or advertising to market the securities
securities may not be sold to more than 35 non-accredited investors (all non-accredited investors, either alone or with a purchaser representative, must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment)
If non-accredited investors are participating in the offering, the company conducting the offering:
Purchasers in a Rule 506(b) offering receive “restricted securities." A company is required to file a notice with the Commission on Form D within 15 days after the first sale of securities in the offering. Although the Securities Act provides a federal preemption from state registration and qualification under Rule 506(b), the states still have authority to require notice filings and collect state fees.
______________________________
Groma CCP WMI DST October 19, 2022
https://disclosurequest.com/form/groma-ccp-wmi-dst/0001879785-22-000070
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D
Notice of Exempt Offering of Securities
OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00
1. Issuer's Identity
CIK (Filer ID Number) Previous Names
X None
Entity Type
0001947539
Corporation
Limited Partnership
Limited Liability Company
General Partnership
Business Trust
X Other (Specify)
Delaware Statutory Trust
Name of Issuer
Groma CCP WMI DST
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
Over Five Years Ago
X Within Last Five Years (Specify Year) 2022
Yet to Be Formed
2. Principal Place of Business and Contact Information
Name of Issuer
Groma CCP WMI DST
Street Address 1 Street Address 2
31 NEW CHARDON STREET
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
BOSTON MASSACHUSETTS 02114 617-910-0178
3. Related Persons
Last Name First Name Middle Name
Priebatsch Seth
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Last Name First Name Middle Name
Bell Paul
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Last Name First Name Middle Name
Groma Advisor, LLC n/a
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Signatory Trustee and Asset Manager
Last Name First Name Middle Name
Groma NAV REIT Operating Partnership, LP n/a
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Operating Partnership
Last Name First Name Middle Name
Groma NAV REIT, Inc. n/a
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Parent of Operating Partnership
Last Name First Name Middle Name
GromaCorp, Inc. n/a
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: Executive Officer Director X Promoter
Clarification of Response (if Necessary):
Sponsor
4. Industry Group
Agriculture
Banking & Financial Services
Commercial Banking
Insurance
Investing
Investment Banking
Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
Yes No
Other Banking & Financial Services
Business Services
Energy
Coal Mining
Electric Utilities
Energy Conservation
Environmental Services
Oil & Gas
Other Energy
Health Care
Biotechnology
Health Insurance
Hospitals & Physicians
Pharmaceuticals
Other Health Care
Manufacturing
Real Estate
X Commercial
Construction
REITS & Finance
Residential
Other Real Estate
Retailing
Restaurants
Technology
Computers
Telecommunications
Other Technology
Travel
Airlines & Airports
Lodging & Conventions
Tourism & Travel Services
Other Travel
Other
5. Issuer Size
Revenue Range OR Aggregate Net Asset Value Range
No Revenues No Aggregate Net Asset Value
$1 - $1,000,000 $1 - $5,000,000
$1,000,001 - $5,000,000 $5,000,001 - $25,000,000
$5,000,001 - $25,000,000 $25,000,001 - $50,000,000
$25,000,001 - $100,000,000 $50,000,001 - $100,000,000
Over $100,000,000 Over $100,000,000
X Decline to Disclose Decline to Disclose
Not Applicable Not Applicable
6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
Rule 504(b)(1) (not (i), (ii) or (iii))
Rule 504 (b)(1)(i)
Rule 504 (b)(1)(ii)
Rule 504 (b)(1)(iii)
X Rule 506(b)
Rule 506(c)
Securities Act Section 4(a)(5)
Investment Company Act Section 3(c)
Section 3(c)(1) Section 3(c)(9)
Section 3(c)(2) Section 3(c)(10)
Section 3(c)(3) Section 3(c)(11)
Section 3(c)(4) Section 3(c)(12)
Section 3(c)(5) Section 3(c)(13)
Section 3(c)(6) Section 3(c)(14)
Section 3(c)(7)
7. Type of Filing
X New Notice Date of First Sale 2022-10-06 First Sale Yet to Occur
Amendment
8. Duration of Offering
Does the Issuer intend this offering to last more than one year?
Yes X No
9. Type(s) of Securities Offered (select all that apply)
X Equity Pooled Investment Fund Interests
Debt Tenant-in-Common Securities
Option, Warrant or Other Right to Acquire Another Security Mineral Property Securities
Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Other (describe)
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
Yes X No
Clarification of Response (if Necessary):
11. Minimum Investment
Minimum investment accepted from any outside investor $0 USD
12. Sales Compensation
Recipient
Recipient CRD Number X None
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
Street Address 1 Street Address 2
City State/Province/Country ZIP/Postal Code
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States All States
Foreign/non-US
13. Offering and Sales Amounts
Total Offering Amount $6,317,529 USD
or Indefinite
Total Amount Sold $6,317,529 USD
Total Remaining to be Sold $0 USD
or Indefinite
Clarification of Response (if Necessary):
14. Investors
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
2
15. Sales Commissions & Finder's Fees Expenses
Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions $0 USD
Estimate
Finders' Fees $0 USD
Estimate
Clarification of Response (if Necessary):
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$0 USD
Estimate
Clarification of Response (if Necessary):
Signature and Submission
Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.
Terms of Submission
In submitting this notice, each issuer named above is:
Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).
Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.
For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.
Issuer Signature Name of Signer Title Date
Groma CCP WMI DST /s/ Seth Priebatsch Seth Priebatsch President of the Signatory Trustee 2022-10-19
xxx
CANNOT really argue without making a fool of one self as the principle we discussed for years is now more than proven in one filing regardless of the FILING being for us or NOT
Xxx
Bbanbob, but, but, But, but
AZC knows more than the several multi billionaires that control this play
Now how do you do that
Xxx
Bbanbob, Ben saying for years the DST WILL BE PIVOTAL IN FUTURE DISTRIBUTIONS
But HEY it's just a KOWINKIDINK that it says WMI DST RIGHT
Even if the name somehow is another entity (but not sure how that could actually happen in Delaware system) the PRINCIPLE REMAINS and that is
1) Safe Harbor is very real
2) DST is very real to the point discussed for years
3) There is at least one WMI DST and yes it is very real and alive please do not forget this filing mentioned two very important words
***MASTER LIST***Oh yes I am LOVING my timely-signed releases more and more every single day forward!
Xxx
COULD THIS BE US? IF SO, PROOF WMI DST IS ALIVE AS POSITED FOR YEARS & WILL LIKELY PLAY A PIVOTAL IN POTENTIAL DISTRIBUTIONS…AGAIN PROVES THREE VERY IMPORTANT TOPICS/ACTIONS
1) WMI IS STILL ALIVE as posited when is became a DST in early March of 2012
2) Delaware Statutory Trust is Real & Likely Avenue For Future Distributions
3) Safe Harbor is REAL and ALIVE As Shown In The Following Filing
Even if this is NOT us, this filing still proves Safe Harbor and DST are real as discussed for years
Thanks to Govie on BP
Private placements - Rule 506(b)
(Deleted portions to keep minimal)
https://www.sec.gov/education/smallbusiness/exemptofferings/rule506b
Section 4(a)(2)
Rule 506(b) of Regulation D is considered a “safe harbor” under Section 4(a)(2). It provides objective standards that a company can rely on to meet the requirements of the Section 4(a)(2) exemption. Companies conducting an offering under Rule 506(b) can raise an unlimited amount of money and can sell securities to an unlimited number of accredited investors. An offering under Rule 506(b), however, is subject to the following requirements:
no general solicitation or advertising to market the securities
securities may not be sold to more than 35 non-accredited investors (all non-accredited investors, either alone or with a purchaser representative, must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment)
If non-accredited investors are participating in the offering, the company conducting the offering:
Purchasers in a Rule 506(b) offering receive “restricted securities." A company is required to file a notice with the Commission on Form D within 15 days after the first sale of securities in the offering. Although the Securities Act provides a federal preemption from state registration and qualification under Rule 506(b), the states still have authority to require notice filings and collect state fees.
_____________________________________________________
Groma CCP WMI DST October 19, 2022
https://disclosurequest.com/form/groma-ccp-wmi-dst/0001879785-22-000070
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D
Notice of Exempt Offering of Securities
OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00
1. Issuer's Identity
CIK (Filer ID Number) Previous Names
X None
Entity Type
0001947539
Corporation
Limited Partnership
Limited Liability Company
General Partnership
Business Trust
X Other (Specify)
Delaware Statutory Trust
Name of Issuer
Groma CCP WMI DST
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
Over Five Years Ago
X Within Last Five Years (Specify Year) 2022
Yet to Be Formed
2. Principal Place of Business and Contact Information
Name of Issuer
Groma CCP WMI DST
Street Address 1 Street Address 2
31 NEW CHARDON STREET
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
BOSTON MASSACHUSETTS 02114 617-910-0178
3. Related Persons
Last Name First Name Middle Name
Priebatsch Seth
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Last Name First Name Middle Name
Bell Paul
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Last Name First Name Middle Name
Groma Advisor, LLC n/a
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Signatory Trustee and Asset Manager
Last Name First Name Middle Name
Groma NAV REIT Operating Partnership, LP n/a
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Operating Partnership
Last Name First Name Middle Name
Groma NAV REIT, Inc. n/a
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: X Executive Officer Director Promoter
Clarification of Response (if Necessary):
Parent of Operating Partnership
Last Name First Name Middle Name
GromaCorp, Inc. n/a
Street Address 1 Street Address 2
31 New Chardon Street
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02114
Relationship: Executive Officer Director X Promoter
Clarification of Response (if Necessary):
Sponsor
4. Industry Group
Agriculture
Banking & Financial Services
Commercial Banking
Insurance
Investing
Investment Banking
Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
Yes No
Other Banking & Financial Services
Business Services
Energy
Coal Mining
Electric Utilities
Energy Conservation
Environmental Services
Oil & Gas
Other Energy
Health Care
Biotechnology
Health Insurance
Hospitals & Physicians
Pharmaceuticals
Other Health Care
Manufacturing
Real Estate
X Commercial
Construction
REITS & Finance
Residential
Other Real Estate
Retailing
Restaurants
Technology
Computers
Telecommunications
Other Technology
Travel
Airlines & Airports
Lodging & Conventions
Tourism & Travel Services
Other Travel
Other
5. Issuer Size
Revenue Range OR Aggregate Net Asset Value Range
No Revenues No Aggregate Net Asset Value
$1 - $1,000,000 $1 - $5,000,000
$1,000,001 - $5,000,000 $5,000,001 - $25,000,000
$5,000,001 - $25,000,000 $25,000,001 - $50,000,000
$25,000,001 - $100,000,000 $50,000,001 - $100,000,000
Over $100,000,000 Over $100,000,000
X Decline to Disclose Decline to Disclose
Not Applicable Not Applicable
6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
Rule 504(b)(1) (not (i), (ii) or (iii))
Rule 504 (b)(1)(i)
Rule 504 (b)(1)(ii)
Rule 504 (b)(1)(iii)
X Rule 506(b)
Rule 506(c)
Securities Act Section 4(a)(5)
Investment Company Act Section 3(c)
Section 3(c)(1) Section 3(c)(9)
Section 3(c)(2) Section 3(c)(10)
Section 3(c)(3) Section 3(c)(11)
Section 3(c)(4) Section 3(c)(12)
Section 3(c)(5) Section 3(c)(13)
Section 3(c)(6) Section 3(c)(14)
Section 3(c)(7)
7. Type of Filing
X New Notice Date of First Sale 2022-10-06 First Sale Yet to Occur
Amendment
8. Duration of Offering
Does the Issuer intend this offering to last more than one year?
Yes X No
9. Type(s) of Securities Offered (select all that apply)
X Equity Pooled Investment Fund Interests
Debt Tenant-in-Common Securities
Option, Warrant or Other Right to Acquire Another Security Mineral Property Securities
Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Other (describe)
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
Yes X No
Clarification of Response (if Necessary):
11. Minimum Investment
Minimum investment accepted from any outside investor $0 USD
12. Sales Compensation
Recipient
Recipient CRD Number X None
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
Street Address 1 Street Address 2
City State/Province/Country ZIP/Postal Code
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States All States
Foreign/non-US
13. Offering and Sales Amounts
Total Offering Amount $6,317,529 USD
or Indefinite
Total Amount Sold $6,317,529 USD
Total Remaining to be Sold $0 USD
or Indefinite
Clarification of Response (if Necessary):
14. Investors
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
2
15. Sales Commissions & Finder's Fees Expenses
Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions $0 USD
Estimate
Finders' Fees $0 USD
Estimate
Clarification of Response (if Necessary):
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$0 USD
Estimate
Clarification of Response (if Necessary):
Signature and Submission
Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.
Terms of Submission
In submitting this notice, each issuer named above is:
Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).
Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.
For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.
Issuer Signature Name of Signer Title Date
Groma CCP WMI DST /s/ Seth Priebatsch Seth Priebatsch President of the Signatory Trustee 2022-10-19
xxx
FROM BK COURT-The CLOSEST TWO POSTS WE GET FOR CONFIRMATION ON MONIES RETURNING UNTIL ACTUAL DISTRIBUTION AND/OR FILING
First Post - From WaMu BK Court as this info ties in perfectly with former Poster, CBA09 who was a Certified bank Auditor that knew EXACTLY how the process works and shared with us until ABRUPTLY disappearing:
*The Holy Grail*RETAINED ASSETS*YOUR HONOR*They Will Still Be There*
Some Investors Need To Take Note of What Was Said in The COURT TRANSCRIPT
The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine. We also have in there the part (b) of what is to be retained, and that is because in negotiations that we had with all of the settling parties, with the equity committee last week, with the FDIC, we did talk a great deal about the concept of the retained assets.
Now, it's my position, Your Honor, that the examiner doesn't need to know much with the retained assets other than say the assets are retained and therefore the liquidating trust can go ahead and pursue them. They will still be there; they can be carried through. But I understand that the equity committee is very interested in having a neutral third party do an investigation of those retained assets.
________________________________
Second Post - NOT ONLY FROM THE WaMu BK COURT BUT FROM THE HORSE'S (Judge Walrath) MOUTH
FOR THOSE WHO SAY NOTHING COMING BACK - NOT ACCORDING TO SOME VIPs
1) Hedge Funds - The assets will still be there, they can go after them later and I understand they may want to do an evaluation
2) Judge Walrath - let me posit the reorg company being worth ten billion. Isn't this something that I MUST take into consideration to ensure some are not getting more than they should
3) Judge Walrath - speaking to Equity - what are you worried about as you will be riding the Hedge Fund's coattails
***NOW LET ME TELL YOU WHAT JUDGE WALRATH REALLY SAID CONCERNING NUMBER THREE***
YOU WILL BE RIDING THE COATTAILS OF SEVERAL MULTI-BILLIONAIRES WHO HAVE THE COMFORT OF KNOWING THE DETAILS AND YOU WILL BE JOINING THE RARIFIED REALM
xxx
BBANBOB, did you NOT REALIZE, AZC KNOWS more than the following, especially the UWs who do this very work and KNOW where the very Large Green REALLY has been planted...HEHEHEHEHE
_____________________________________
AND TPS, BONDERMAN, Brown Brothers Harriman, Tepper, Savitz, The UW's(13 of the largest banks)
_____________________________________
Have I told you lately how much more, more and more I love my timely signed releases (by 3/2012) that continue to grow immensely every single day forward?
xxx
No problem Ron but from the filings it is simple.
Preferred and Common Equity Interest share what is left or it would not be in the filings as such
Preferred Equity Interests = 75
Common Equity Interests = 25
Xxx
Ron, you said the following.
75/25% stopped with the Retained Earnings gaining interest in Treasury Notes.
———————-
But the (OC) Ownership Change, changed all of that to 75/25 on the Effective Date of 3/19/2012, signed by the court.
Xx
Gary, even if nothing happens with Lehman look at it this way. Obviously, according to the Lehman filing shown by newflow, Lehman us moving forward so the same would apply to WMI in my view whether on their own or with others.
At worst, Lehman is just showing us the way.
Xxx
Gary, facts get in the way of one’s investment decisions and become selective.
newflow, very interesting dates and it does appear Lehman and WaMu have been walking hand-in-glove with each other to arrive at the same destination with a combination planned from the get-go as many have speculated for years along the way.
We should be hearing something relatively soon and even if LBHI is working on its own or with another party, it would seem at the minimum WMI will do something very similar as well.
xxx
BBANBOB, think about it this way if WaMu is NOT involved with the following LBHI filing. That is if LBHI is doing this on their own or even with a party other than WaMu this kind of proves WMI will be doing something very, very similar and soon either on their own or with another party and/or REIT.
However, my view is (as well as other people also) and has been for years that WaMu and Lehman will end up doing something big together so only time passing and filings will show us the way forward
Excellent find newflow. This explains a whole lot and this MAY, MAY MAY be the plan moving forward. I think you nailed this by calling out the REIT that POSSIBLY, POSSIBLY WaMu (WMI) and LBHI will be involved with BUT, to say the least OBVIOUSLY LBHI is involved and will be moving forward on their own or possibly with WaMu
I believe the former WaMu estate now owned by the investors who signed timely releases possibly has more Safe Harbor monies (300 to 625B?) than LBHI but I do not know for sure.
I LOVE THE FOLLOWING PARAGRAPH in NUMBER 66 THAT NEWFLOW OUTLINED
https://www.sec.gov/Archives/edgar/data/806085/000119312511339839/d267202dex22.htm
66. Issuance of New Securities. The Plan Administrator, each Debtor or Debtor Controlled-Entity is authorized to (a) form and transfer certain assets of the Debtors and/or Debtor Controlled Entities to new (or utilize existing) entities, including, without limitation, one or more separately managed partnerships, REITs or other investment vehicles, to hold certain real estate or other assets of the Debtors and/or Debtor-Controlled Entities and, (b) issue New Securities for Distribution under the Plan. In the event that the Plan Administrator issues New Securities, each holder of Allowed Claims or Equity Interests against a Debtor that contributed assets to the entity issuing New Securities shall receive the relevant New Securities as Distributions in accordance with the Plan.
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newflow, I looked for a date on that filing and could not find one. Did you see a date when you pulled this filing? Again, this is a fantastic find, and thanks for sharing. You are certainly on a huge positive roll!
Who do you think will ultimately control if WaMu is involved...LBHI or WaMu (WMI)?
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Excellent find newflow. This explains a whole lot and no doubt this MAY, MAY MAY be the plan moving forward. I think you nailed this by calling out the REIT that POSSIBLY, POSSIBLY WaMu (WMI) and LBHI will be involved with BUT to say the least OBVIOUSLY LBHI is involved and will be moving forward on their own or possibly with WaMu
I believe the former WaMu estate now owned by the investors who signed timely releases possibly has more Safe Harbor monies (300 to 625B?) than LBHI but I do not know for sure.
Newflow, who do you think will ultimately control if WaMu is involved...LBHI or WaMu (WMI)?
I LOVE THE FOLLOWING PARAGRAPH in NUMBER 66 THAT YOU OUTLINED
https://www.sec.gov/Archives/edgar/data/806085/000119312511339839/d267202dex22.htm
66. Issuance of New Securities. The Plan Administrator, each Debtor or Debtor Controlled-Entity is authorized to (a) form and transfer certain assets of the Debtors and/or Debtor Controlled Entities to new (or utilize existing) entities, including, without limitation, one or more separately managed partnerships, REITs or other investment vehicles, to hold certain real estate or other assets of the Debtors and/or Debtor-Controlled Entities and, (b) issue New Securities for Distribution under the Plan. In the event that the Plan Administrator issues New Securities, each holder of Allowed Claims or Equity Interests against a Debtor that contributed assets to the entity issuing New Securities shall receive the relevant New Securities as Distributions in accordance with the Plan.
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Ron, you said the following.
""Other Parties Were Given The Same Extension."""
Ron's answer to the above question is Piers
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Ron, of all investors who participated in this saga, YOU SHOULD know very well that Piers were capped in tranch four as their penalty for Insider Trading as proven by Nate Thoma in court. Then to be paid out at less than $12.00 a share and never anything more.
Further, Piers were NEVER allowed to participate in the new company signing releases for Escrow Shares and New WMIH shares.
So, now try an answer again as the UWs were the ONLY group allowed to have a one-year extension to sign releases...Yes, this is what type of business the UWs perform and they KNOW where the big monies are hence, the reason they fought to stay in class 19.
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Bbanbob, you said the following:
Now what they did IMHO retain were beneficial interest in and to a PORTION of the returns those assets generate....... And those returns have been going into the DST
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Exactly as I have always posited the DST will play a vital role in our eventual distributions
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Exactly: Now, let this sink-into some investors and yes this would absolutely include any and all Safe Harbor, Bk Remote assets
“ with equity now very last in tranche six."
P's and U's = equity
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PROOF of WaMu Assets To Be Distributed At Some Point TO SOME INVESTORS:
1) An investor can argue the timing and amount
2) An investor may be even able to argue who will receive the distributions
3) There may even be a few more articles an investor MAY challenge
***BUT, BUT, BUT***ONE ACTION/FACT CANNOT BE ARGUED INTELLIGENTLY as THERE MUST BE ASSETS TO OPEN A DST!
4) That is, there ARE ASSETS in the WMI DST and NOT TO BE CONFUSED WITH THE NOW CANCELED (12/31/2021) WMILT or the DST COULD HAVE NEVER BEEN OPENED During the first two weeks of March 2012 Prior to the (ED) Effective Date of 3/19/2012- PROOF FOLLOWS:
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"As I (Dmdmd1) posted numerous times, bgriffinokc's $ 20 was WELL SPENT and APPRECIATED to affirm WMI becoming a DST prior to BK emergence which in turn ESTABLISHED/FIXED its "ASSETS" distribution scheme via the 2 SEPARATE EINs:"
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Ask yourselves:
1) Why would WMI convert into a Delaware Statutory Trust (DST), prior to BK emergence on March 19, 2012, from a Corporation and also get a distinctly different EIN/Tax ID#?
IMO...My answer is simple: the bankruptcy remote assets (beneficial interest in MBS Trusts) owned by WMI would be housed in the new DST.
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The following is a list of the Seven Deadly Sins of a Delaware Statutory Trust (meaning all seven conditions below need to be true in order for a DST to be a legal entity):
https://seracapital.com/1031-exchanges/the-seven-7-deadly-sins-of-delaware-statutory-trusts-dsts/
"The Seven Deadly Sins of Delaware Statutory Trusts (DSTs) Explained
ONLY POSTING NUMBER 6 Of The 7 Deadly DST SINS:
6. All Cash, Other Than Necessary Reserves, Must Be Distributed To The Co-Investors Or Beneficiaries On A Current Basis. According to the IRS regulations, DSTs are allowed to keep cash reserves on hand to cover emergency maintenance and repairs issues. However, they are required to share the earnings and proceeds realized from the DST to its beneficiaries within the agreed distribution date. This deadly sin prevents trustee misappropriation of funds and protects beneficiaries’ rights to receive their earnings promptly.
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MadBadger, you said the following.
You can’t Ignore that writing in the Plan, and also, not include that the Agreements got Amended, Altering the Payout Waterfall. Good Day Lodas and Thank You for Making Me Better.
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This is like saying POR 1-7 control when there was a an AMENDED POR 7 signed by the court on 2/23/2012 which IS THE CONTROLLING document and if the amended part changed anything which id did, then this is the controlling document even though some of the same actions MAY have been carried through to the amended document.
An interesting thing is there were daily changes made to the final document during the last three weeks leading up to Amended POR 7. These changes such as the payout Matrix among several other issues put equity in the enviable position that the Crooks were in when they were trying to zero out equity in PORs 1-7.
This being the very last in line to RECEIVE ALL SPOILS THAT THE PERPS PLANNED ON LEGALLY STEALING from equity BUT WERE caught and punished with Piers ultimately being capped in tranche four with equity now very last in tranche six.
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Newflow, again excellent research!
I do believe from the ten thousand foot view what you wrote in the following paragraph will be very close to the end plans for WMI and LBHI. To me, this also explains WMI delays waiting on LBHI to get ready so they can both move forward simultaneously!
Also do not forget the multitude of tens of billions in a mixture of tax attributes and NOLs that will be able to be used dollar for dollar. My guess is for the combination of LBHI and WaMu around 35 to 70 billion in various tax attributes before any taxes are paid. Yes, these people are that smart to get this kind of deal done
This would also explain why we have not seen any adversarial filings from the BIG PLAYERS!
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LBHI and WMI estates could become a giant REIT IMO,Mathew Cantor worked for both.Time is ripe IMO.Both have DST liquidating Trusts.Weil and A&M have fingers in both cases.
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Ron, why were the UWs given an extra year to sign releases?
Ron, let the following SINK-IN!
All one really needs to know regarding the 75/25 is actually very simple. This is the VERY WORK the UWs perform.
The UWs KNOW EXACTLY where the monies were/are, which is why they got a one-year extension over EVERYONE else to sign releases...
PLUS spent tons of money and time defending their position IN CLASS 19 against Alice and all others to keep their PLACEMENT IN CLASS 19...
YES THE UWs KNOW all about the big monies in this case
Have I told you lately how much more I really love my Timely-Signed Releases which continue to grow immensely every single day forward?
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Bbanbob, you said the following:
OH and ya DON'T THUNK that the UW's KNOW FULL WELL there is NO AMBIGUITY since they spend several mil $$ to maintain thier current positions in CLASS 19
COMMON SENSE AND LOGIC USE THEM THEY WORK
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All one really needs to know regarding the 75/25 is actually very simple. This is the VERY WORK the UWs perform.
They KNOW EXACTLY where the monies were/are, which is why they got a one-year extension over EVERYONE else to sign releases...
PLUS spent tons of money and time defending their position IN CLASS 19 against Alice and all others to keep their PLACEMENT IN CLASS 19...
YES THE UWs KNOW all about the big monies in this case
Have I told you lately how much more I really love my Timely-Signed Releases which continue to grow immensely every single day forward?
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"Class 19’s Claims were satisfied before the implementation of the Plan."
Any reason these 'satisfied' claims are still unpaid?
Ron, you can not have it both ways. So, if Class 19 was already satisfied prior to the Ownership Change (yes, this has been confirmed long ago) AND the (ED) Effective Date of 3/19/2012, then Preferred would have had their monies just like higher Classes.
However, once the ED kicked in on 3/19/2012, the OC happened along with the Estate being owned by Preferred and Common Equity Interests. Remember changes made to Amended POR 7 almost daily up till the very day the court signed Amended POR 7 on 2/23/2012.
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newflow, all very valid points! Again, there is no way some of the best lawyers in the world completed filings leaving ambiguity where there is a multitude of ten of billions at stake...there is no way PERIOD there is ambiguity just unfortunate investor choices trying to rewrite history.
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xoom, agree and the docs speak for themselves but unfortunately, these docs do not meet some investors' investment choices and selections.
Further, there is ZERO ambiguity. There is no way some of the best lawyers in the world were involved with this case and there is no way they left ambiguity where there is potentially a multitude of tens of billions at stake.
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Ron, according to Amended POR 7 that was signed on 2/23/2012 (nothing prior matters), the following is what is found in the filings that count.
Yes, YOU ARE PARTIALLY CORRECT. Your commons own the company BUT, BUT so does preferred since the ownership changed everything from the (ED) Effective Date of 3/19/2012 forward. So if filings mean anything to you then the following words in the filing SHOULD BE self-explanatory
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Treatment of Preferred and Common Equity Interests
NOTICE BOTH ARE CONSIDERED EQUITY WHICH DOES OWN THE FORMER ESTATE
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BBANBOB, this self-explanatory for those who want the truth and if words in a filing mean anything then these following few words should tell the investor the TRUTH
Treatment of Preferred and Common Equity Interests-NOTICE BOTH ARE CONSIDERED EQUITY WHICH DOES OWN THE FORMER ESTATE
LIGHTBULB MOMENT - Effective Date FOR WMIH 3/19/2012 - SEPARATION FROM BK COURT - THEN WMIH 8K FILING EXPLAINING 75/25 on 8/1/2012 MONTHS AFTER BK COURT SEPARATION
Possibly not shown investors the LIGHTBULB moment by pointing out WMIH issued 8K clarifying the 75/25 almost five months after separation from BK court (3/19/2012) meaning no way would they have issued the 8K if 75/25 was NOT inclusive of the entire estate, SAFE HARBOR/BK REMOTE or NOT
***75/25 Preferred and Common Equity Interests Explanation***
Remember the final POR 7 was signed 2/23/2012 with daily changes made to the POR up-to and including the final day 2/23/2012. The last documents and changes will control.
Filing # 9659 Date; 02/13/2012
http://www.kccllc.net/wamu/document/0812229120213000000000024
67. The Seventh Amended Plan provides for payment of Allowed Claims and, if appropriate, Post-petition Interest Claims on account of Allowed Claims. Distributions to claimants will be made in Cash, Liquidating Trust Interests that represent the right to receive future Cash distributions from the Liquidating Trust and, in certain circumstances, Runoff Notes and/or Reorganized Common Stock. As set forth on pages 4-5 of Exhibit C to the Disclosure Statement, no Class is projected to recover more than one hundred percent (100%) on account of the Claims or Equity Interests, as the case may be, classified in each Class.
Filing # 9697 Date; 02/16/2012 View actual pages 59 and 60 or PDF 84 and 85
http://www.kccllc.net/wamu/document/0812229120216000000000003
PROVISION FOR TREATMENT OF PREFERRED EQUITY INTEREST (CLASS 19) 23.1 Treatment of Preferred Equity Interests: Commencing on the Effective Date, and subject to the execution and delivery of a release in accordance with the provisions of Section 41.6 of the Plan, each holder of a Preferred Equity Interest, including, without limitation, each holder of a REIT Series, shall be entitled to receive such holder’s Pro Rata Share of seventy-five percent (75%) of (a) subject to the right of election provided in Sections 6.2(b), 7.2(b), 16.1(b)(ii), 18.2(b), 19.2(b) and 20.2(b) of the Plan, the Reorganized Common Stock, and (b) in the event that all Allowed Claims and Postpetition Interest Claims in respect of Allowed Claims are paid in full (including with respect to Allowed Subordinated Claims), any Liquidating Trust Interests to be redistributed; provided, however, that, in the event that, at the Confirmation Hearing and in the Confirmation Order, the Bankruptcy Court determines that a different percentage should apply, the foregoing percentage shall be adjusted in accordance with the determination of the Bankruptcy Court and be binding upon each holder of a Preferred Equity Interest. In addition, and separate and distinct from the distribution to be provided to holders of the Preferred Equity Interests from the Debtors, pursuant to the Global Settlement Agreement, and in exchange for the releases set forth in the Global Settlement Agreement and in Article XLI herein, on the Effective Date, JPMC shall pay, or transfer to the Disbursing Agent, for payment to each Releasing REIT Trust Holder its pro rata share of Fifty Million Dollars ($50,000,000.00), determined by multiplying (a) Fifty Million Dollars ($50,000,000.00) times (b) an amount equal to (i) the principal amount of REIT Series held by such Releasing REIT Trust Holder on the voting record date with respect to the Sixth Amended Plan divided by (ii) the outstanding principal amount of all REIT Series (which is Four Billion Dollars ($4,000,000,000.00)); provided, however, that the release of claims against the “Releasees” delivered in connection with the solicitation of acceptances and rejections to the Sixth Amended Plan shall be deemed binding and effective for each Releasing REIT Trust Holder; and, provided, further, that, at the election of JPMC, the amount payable to Releasing REIT Trust Holders pursuant to this Section 23.1 and Section 2.24 of the Global Settlement Agreement may be paid in shares of common stock of JPMC, having an aggregate value equal to the amount of cash to be paid pursuant to this Section 23.1 and Section 2.24 of the Global Settlement Agreement, valued at the average trading price during the thirty (30) day period immediately preceding the Effective Date. While JPMC’s maximum liability pursuant to this Section 23.1 and Section 2.24 of the Global Settlement Agreement is Fifty Million Dollars ($50,000,000.00), JPMC’s liability shall be reduced to the extent the Re
PROVISION FOR TREATMENT OF COMMON EQUITY INTERESTS (CLASS 22) 25.1 Treatment of Common Equity Interests: Commencing on the Effective Date, and subject to the execution and delivery of a release in accordance with the provisions of Section 41.6 of the Plan, each holder of Common Equity Interests shall be entitled to receive such holder’s Pro Rata Share of twenty-five percent (25%) of (a) subject to (i) the right of election provided in Sections 6.2(b), 7.2(b), 16.1(b)(ii), 18.2(b), 19.2(b) and 20.2(b) of the Plan[/i] and (ii) the rights of holders of Dime Warrants pursuant to the LTW Stipulation, the Reorganized Common Stock and (b) in the event that all Allowed Claims and Postpetition Interest Claims in respect of Allowed Claims are paid in full (including with respect to Allowed Subordinated Claims), any Liquidating Trust Interests to be redistributed; provided, however, that, in the event at the Confirmation Hearing and in the Confirmation Order, the Bankruptcy Court determines that a different percentage should apply, the foregoing percentage shall be adjusted in accordance with the determination of the Bankruptcy Court and be binding upon each holder of a Common Equity Interest.
The above 75/25 percentage discussion is also further explained in this 8/1/2012 8K filing
https://www.sec.gov/Archives/edgar/data/933136/000090951812000255/mm08-0112_8k.htm
Annex C - Item 1.01 Amendment of a Material Definitive Agreement.
Annex C to the Agreement was revised to clarify that holders of Preferred Equity Interests and Common Equity Interests will be issued Liquidating Trust Interests in Tranche 6 on account of those interests when Tranche 2 through Tranche 5 Liquidating Trust Interests have been satisfied in full, AND that the distribution to Tranche 6 will be shared 75% and 25% pro rata between claims on account of Preferred Equity Interests and Common Equity Interests, respectively.
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Ron, AZC or ANYBODY, how do you explain the following?
1) WMI became a DST the second week of March in the year 2012 which still exists in my view and will play a VITAL ROLE in our distributions...Remember, one cannot open a DST without assets however we can argue how much and when BUT cannot argue there are assets
2) On the (ED) Effective Date of March 19, 2012, there was an (OC) Ownership Change which include all Safe Harbor, BK Remote assets
3) An OC means a change of title and potential investors who own this stock which became final on 3/19/2012. So, there can ONLY be one way for the former Estate assets to travel and that is the Chain of Title following the ownership of the stock.
This was set in the bk court which would have to include all Safe Harbor, Bk remote assets of the former Estate OTHERWISE, there would be two sets of ownership for the assets which would NEVER happen in a Delaware BK court
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Year 2050
Newflow, thanks and this makes a lot of sense. The delay appears to have been aligning both Lehman and WaMu as opposed to other delays we may have thought.
Hopefully, we at least get some sort of confirmation within the next days, weeks to a few months.
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newflow, very good diligence, and thanks for sharing. Many here have thought that there must be something in the original plans as Weil, Gotchal and Manges were handling both Lehman and WaMu bk cases which happened two weeks apart from each other during mid to late September of the year 2008.
Both Estates have billions and billions in tax attributes and if a way is found to legally use them, this is the same as printing money as there will be NO TAXES OWED on future profits.
Remember, Alice tried to get the Amended Liquidating Trust agreement but the PERPS challenged her with all of their powers running back to the BK court crying foul to get MAMA Walrath to keep Alice at bay which was successful.
The question is why in January of the year 2020 did WMILT NOT want ANYONE to know what was agreed to in the Amended Trust Agreement, especially since there is NOT supposed to be anything in Safe Harbor or elsewhere? Also, on 1/23/2020, BOTH Bk cases were officially terminated and closed after Judge Walrath signed for their closure on 12/20/2019.
In my view, there is NO DOUBT this Amended Trust Agreement has something to do with Safe Harbor assets and/or the actual ownership of same otherwise there would have been no reason to amend the trust especially since it was being terminated and closed on 1/23/2020.
Once again, time passing, and filings will show us the way forward.
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Ron, look at the following.
1) WMI became a DST the second week of March in the year 2012 which still exists in my view...Remember, one cannot open a DST without assets however we can argue how much and when BUT cannot argue there are assets
2) On the (ED) Effective Date of March 19, 2012, there was an (OC) Ownership Change which include all Safe Harbor, BK Remote assets
3) An OC means a change of title and potential investors who own this stock which became final on 3/19/2012. So, there can ONLY be one way for the assets to travel and that is the Chain of Title following the ownership of the stock. This was set in the bk court which would have to include all Safe Harbor, Bk remote assets OTHERWISE, there would be two sets of ownership for the assets which would NEVER happen in a Delaware BK court
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Yes, the investors who signed timely releases by 3/2012 are the new owners of the former WaMu Estate PERIOD and yes 75/25 to the END!
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Bbanbob, this is exactly correct! What the Sand Guru wants to ignore is the (OC) OWNERSHIP CHANGE that occurred with the court approved and signed documents that occurred on (ED) Effective Date of 3/19/2012.
The OC change effects both bk cases which also includes any Safe Harbor, BK Remote anssets, otherwise there would be dual ownership of assets and that could NEVER happen especially in the Delaware BK system.
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Yes, ole Eddie Lambert had the Kmart and Sears deal all figured out
Great comparison with astute facts to back up your statements. As usual, great diligence snd thanks for sharing
Mad, now I think you may have destroyed that poor Lodas creature
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Even better…nice research…these are very troubling facts for some
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mwd44, you are exactly correct. The so-called investors (inside information) who were allocated Kmart stock at $25.00 a share in the new company after zeroing-out all previous investors.
Then after 18 months or so this stock hit a high of $172.00 plus a share in 18 months.
This after they revalued in the former real estate in each of the following six quarters they purposely left out of the bk court and this was not even considered bk fraud!
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