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~ Judge Walrath', WOULD NOT' Allow the WMI Holding Company's "Corporate Veil" To Be Pierced ~
... although a contentious issue for years', no one' can disregard this "FACT" due to their simple convenience, and misunderstandings of the docs' ...
Yes, ... the symbol "COOP" is the present tense depiction of the Reorganized WMI' ... Yes, ... COOP IS The "Tell" ... and the DTC's issued' ESC Cusips still have a purpose that is yet to be used' to complete the interest income return distributions, still owed' per individualized ESC Cusip'...
sorry but, there's no 75/25 to the end, never has been' ... sorry but, but the "wmi-lt" has always been irrelevant, always has been' ... sorry but, the delays and disruptions for 10 years (ish) didn't accomplish squat' sloppy, sloppy, sloppy, and poorly researched' ... isn't that right csnybob' ? ...
just sayin'
AZ
~ ? Seriously ?, Just How Could The WMI Holding Company Reorganization's "Liquidation Trust" ... Legally', ... Ever Have Anything to do with Anything' NOT Involved in the Holding Company's BK or its Plan of Reorganization ?, Judge Walrath' was crystal clear on this Issue' ~
... I don't write the documents, ... I just took the time to read them ...
COOP Has Been The "Tell" Ever Since latter 2017'
and, the "wmi-lt" never once' discussed or was ever involved with the WMI' assets that were outside of the WMI Holding Company' and its Reorganization ...
http://www.wmitrust.com/WMITrust
the real jokesters', were the 75/25 to the end, ... the csnybof' multiple losses' ... and support' ... the "wmi-lt"s faq displays that have been consistent'
It's all right here ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167461530
"As contemplated by the Plan, Escrow CUSIPs (the “Escrow CUSIPs”) were issued by the Trust on the Effective Date to eligible former shareholders of WMI"
"Escrow CUSIPs were issued solely to facilitate potential future distributions of equity shares of Reorganized WMI, if any, to such eligible former shareholders of WMI if Claims involving Disputed Equity Interests were disallowed."
"The Escrow CUSIPS were established solely to facilitate potential distributions, if any, of shares of Reorganized WMI common stock"
================
The DTC Distributes CASH' and will utilize your DTC Issued ESC Cusips, 992's, 84's and the 968's ... Computershare is the company's transfer agent, and will issue any actual shares of COOP', ... The "wmi-lt" stayed specific to the Holding Company's BK, the Approved Liquidation Trust, and the SETTLEMENT Portions of Plan 7', allowing for the distribution of the remaining shares, that had been carved out and held' within the DEE (Disputed Equity Escrow) ... But That Was ALL: ... The "wmi-lt" COULD NOT REFER TO ANYTHING THAT WAS OUTSIDE OF THE HOLDING COMPANY", It's Reorganization, or the Plan 7 Settlement' ...
The DTC will eventually eliminate its issued ESC Cusips, but NOT UNTIL, ALL Distributions have been made in proper order' ... including those WMI Subsidiary financial producers that were NOT Included within the WMI Holding Company's Bankruptcy Proceedings' ...
AZ
~ TzeBeDee, The "wmi-lt" Always Stayed Word Specific To The WMI Holding Company' and its Plan of Reorganization ~
It's all here ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167461530
The DTC Distributes CASH' and will utilize your DTC Issued ESC Cusips, 992's, 84's and the 968's ... Computershare is the company's transfer agent, and will issue any actual shares of COOP', ... The "wmi-lt" stayed specific to the Holding Company's BK, the Approved Liquidation Trust, and the SETTLEMENT Portions of Plan 7', allowing for the distribution of the remaining shares, that had been carved out and held' within the DEE (Disputed Equity Escrow) ... But That Was ALL: ... The "wmi-lt" COULD NOT REFER TO ANYTHING THAT WAS OUTSIDE OF THE HOLDING COMPANY", It's Reorganization, or the Plan 7 Settlement' ...
The DTC will eventually eliminate its issued ESC Cusips, but NOT UNTIL, ALL Distributions have been made in proper order' ... including those WMI Subsidiary financial producers that were NOT Included within the WMI Holding Company's Bankruptcy Proceedings' ...
AZ
~ XOOM, We'll See What Happens To TPG' etc., There Is A Lot Going On, Including With WMIH / COOP' ~
... a focus on the legally defined wording is a must' ... that's "a must" ... not missed, overlooked, or misunderstood' context' ...
Here is something to seriously' ponder' ... FOCUS and Take another look at The Recent "wmi-lt" "faq" reveal as of 12/31/2021, or any of the other "faq" preceding submissions for that matter, ... all of which, as stated will be gone by 01/31/2022' ... posted below'
Now, SPECIFY and Focus on The WMI Holding Company "ONLY" and its Court Approved Liquidation Trust "ONLY" ... and the specifically related PLAN' of Reorganization "7", "ONLY"
http://www.wmitrust.com/WMITrust
Here is the text'
"As contemplated by the Plan, Escrow CUSIPs (the “Escrow CUSIPs”) were issued by the Trust on the Effective Date to eligible former shareholders of WMI"
"Escrow CUSIPs were issued solely to facilitate potential future distributions of equity shares of Reorganized WMI, if any, to such eligible former shareholders of WMI if Claims involving Disputed Equity Interests were disallowed."
"The Escrow CUSIPS were established solely to facilitate potential distributions, if any, of shares of Reorganized WMI common stock"
==================
and then of course there is this reveal,
(1): Please note that the Trust is publishing these updated FAQs in connection with the cancelation of the Trust effective as at December 31, 2021. Please be advised that these FAQs will remain available for review until January 31, 2022, after which they will be taken down from the Trust’s website. No further updates or information will be published thereafter.
==================
The DTC Distributes CASH' and will utilize your DTC Issued ESC Cusips, 992's, 84's and the 968's ... Computershare is the company's transfer agent, and will issue any actual shares of COOP', ... The "wmi-lt" stayed specific to the Holding Company's BK, the Approved Liquidation Trust, and the SETTLEMENT Portions of Plan 7', allowing for the distribution of the remaining shares, that had been carved out and held' within the DEE (Disputed Equity Escrow) ... But That Was ALL: ... The "wmi-lt" COULD NOT REFER TO ANYTHING THAT WAS OUTSIDE OF THE HOLDING COMPANY", It's Reorganization, or the Plan 7 Settlement' ...
The DTC will eventually eliminate its issued ESC Cusips, but NOT UNTIL, ALL Distributions have been made in proper order' ... including those WMI Subsidiary financial producers that were NOT Included within the WMI Holding Company's Bankruptcy Proceedings' ...
... ? ... hhhhmmmmmm ? ... can you see ? ... please respond' ... this has been a contentious subject for years, ...
AZ
~ NH, I Agree (I Also Know Her, and quite a few others' As Well), She Is A, Gifted, Extremely Inteligent and Honest Person and One who was NOT Able to be Compromised' ... In My Opinion Of Course', Her Participation in this entire WMB seizure, WMI BK', process, and reorganization, Was A Position of Uncompromised Questionability Regarding all of The Financial Issues at Hand. She Always Held Full Control of the Proverbial Checkbook' and Her Strict accounting, was beyond question', and would stand up to any scrutiny', ... Judge Walrath's Court Orders were followed to the letter of the Courts Rulings "Period" ~
... I wouldn't give 10 cents for the rest ... beginning with "dont_b_kruel", and the mole' csnybop' ...
It's a new day ... :) ... GO COOP' ...
just sayin'
AZ
~ 2nd Time', That's Right Hex, The "wmi-lt" Was Only Integral in Aiding the Blocking and Delaying of the Process related to the Actual WMI Reorganization, "Implemented on 03/19/2012", Now Almost 10 Years Ago ... This Is Like Cleaning Up the Dog-Crap In Your Yard and Finally' Throwing That "Crap" OUT', "GOOD RIDDANCE" ~
http://www.wmitrust.com/WMITrust
"Please be advised that these FAQs will remain available for review until January 31, 2022, after which they will be taken down from the Trust’s website. No further updates or information will be published thereafter."
none of them, absolutely none of them, the debtor representation, their restructuring component, the delay support', their personnel, etc., NONE OF THEM, were ever here to lift a finger to help or assist the releasing WMI Fixed Income Bond Holders (992's and 84's), or the releasing WMI Common Shareholders (968's) ... Just like Dog-Crap ... 100% stink, and Completely Useless' ...
It was Judge Walrath, Her Initial "First Day Filing" Rulings, Her September Opinion, and Her Considerations of the Docketed Indentured Trustee Filings, That Kept This Group from completely Eliminating Us', and then it was KKR that saved our company a few years later, ... once reorganized' now openly trading as symbol "COOP" on the Nas'
The good news is that it's over, ... as I posted above, the documents disappear at the end of the month, all of it is gone on Jan 31st 2022. ...
COOP, the current representation of the now Reorganized Washington Mutual Inc., "Holding Company", will continue to move forward, in the same fashion as it has been
... Yes, ...
~ Understand Plan 6 "Participate" In Plan 7 ~ (thanks for remembering Ron)
~ Watch the NewCo "COOP" It Is The "TELL" ~
... and always ... ~ Know What You Own ~
GOOD RIDDANCE to the "wmi-lt" and the multiple' debunked plans to take all that was WaMu from the rightful owners' and the attempts to disrupt Judge Walraths Plan 7 ... 6 failed' ...
... since 09/26/2008', against an army of disruption and legal delay', ... the Good Guys STILL WON' ... rock on people'
just sayin' :)
AZ
~ Biz, Yes, and shamefully the "wording" was meant as a timely' "jab" at WaMu's difficulty's and a falsely depicted pat on the proverbial back for JPM ?, However the Truth of the matter always was, that the $30 Billion in Private Equity Commercial Lines Certs', was owned by the Private Equity Base Value Participants' ... and was "Found", by JPMC as an additional pool of Commercial Lines Loans (apartment buildings) that Also needed to be serviced' ~
there has been quite a bunch of word manipulation', by more than a few' ... some innocent ?, some (a lot) on purpose'
Thanks'
AZ
~ All In All ?, Yes, An Absolute Great Day, Good Riddance to the "wmi-lt" and GO, GO, GO, COOP' ~
just sayin' :)
AZ
~ Boris, After All Of These Years ?, I'm Very Sorry That You Misunderstood A Few Of the Relevant Parts of the Process ~
The $4 Billion on deposit in WMB, Always Belonged to WMI, and Did Not transfer to JPMC', Judge Walrath Made Sure That the $4 Billion was returned to WMI' as ALL Deposits held in WMB were returned to their rightful owner' ... and yes, even the amounts of deposits that were in excess of the FDIC's guarantee' by many corporations and large depositors' ...
The $30 Billion was the number of base values for Private Equity Commercial Lines' ABS-Certs that JPMC "Found" and needed to service' ... JPMC never received $30 Billion in net value' ... Those were Private Equity Funds' ...
and, ... Judge Walrath put the stop on the rosen' attempts (and goldsteins) to combine the WMI subsidiary network with the holding company's BK's and then later she' agreed with the indentured trustee that rosen's attempts to segregate and choose the remaining holders, able to participate in the reorganization ... was illegal' ...
Yes, although irresponsibly bashed on a daily basis, Judge Walrath kept the process "clean" and specific to the Holding Company' ... and only the Holding Company'
Yes, Judge Walrath saved the WMI Bond and Equity Classes ... also, ... WMI Bonds are depicted by the ESC Cusips' 992' and 84's ... the WMB Notes are now separately asset managed' ... other than the shameful delays and length of time this has taken, everything is fine Boris, ... I thought we were friends' ... ? ... I never expected that from you'
AZ
~ GetnOtta, Personally I do not see any "COOP" dramatic pps drop' on the horizon, That's My Opinion Though, ... ~
I, LOL' Obviously see things a bit different from "others", ... (LOL' ya think ?) ... But ?, the DTC is only capable of issuing and returning "Cash", while "Computershare" remains our transfer agent for shares of COOP' ...
So, my opinion has been for a very, very, long time that ... the ESC Cusips will be used as a designation of individual ownership, and issue any returning interest earned and held, and needing to be distributed back to the rightful owners, due to the "reorg", and WMI's use of its own cash to pay off the creditors' ...
any shares of COOP will come from the company's decisions, and ALL Current COOP Shareholders will participate equally ...
just sayin'
AZ
~ You're Welcome, some can't let go', and some are upset', but Rosie' never could cancel your ESC Cusips' ... "it is what it is", and the ending reality of the process', will be Fair and Equitable ~
Thanks to Judge Wallrath, for saving the WMI Bond & Equity Owners, Thanks to KKR for Saving Our Company, and Humorously', Thanks to Santa and a small amount of my COOP Profits, for my new C-8 ...
a final goodbye to the "wmi-lt" and their designated restructuring component, (or crooks) ...
OG', it takes one to recognize another' rock on' ... "COOP" Is The "Tell" ...
just sayin' :)
COOP
~ Respectfully, For the 1000th Time, The ESC Cusips, that were issued by the DTC', are an available counting mechanism and tracking system, to account for all those that followed the Courts Approved Plan directives' ... they are individualized into 3 separated Cusip numbers, because the returns are segregated and specific' ... ~
Helpful ?
AZ
~ Absolutely Bill', Now That Segregated Interest Accumulation Distinction ?, IS ACTUALLY IN THE DISCLOSURE STATEMENT', and not any part of the cockamamie guessing' that has been endured' ~
Your DTC Issued ESC Cusips are still necessary ... as COOP will continue to flourish ...
AZ
~ Judge Walrath' Saved The WMI Bond & Equity Class Owners, then KKR Saved The Company, and Santa brings new C-8's to those that study hard, and tell the truth ~
Go COOP, Go COOP ...
AZ
~ Now ?, It's Up To The COOP BOD's "WHEN", As I Have Always Said, The COMPANY', WMI now reorganized, trading as COOP', That Has Managed EVERYTHING' ... ~
~ Know What You Own ~
Corporate Structure should be revealed in the 10-K ...
AZ
~ WOW', There It Is In Black & White', and still "It" Continues ? ~
... turn the page people' ... the "wmi-lt" is done, ... there never was a plan 6 liquidation trust, mis read feb mor considerations, or the need to worry about any 65 day rule' ... as well as no more hanging on to any debtor considerations' ...
http://www.wmitrust.com/WMITrust
The Company has reorganized' ... accept the reality of the process' ... or not I guess ?
AZ
~ Yeppers', ol' AZ Has Said For Years, the "wmi-lt" Was Always 100% Financially Meaningless to any of the WMI Holding Company's Ownership Beyond Plan 7's Allowed Creditors, All Paid With CASH' ~
... Yeppers, ... tried to tell you guys' ... the "wmi-lt" was meaningless regarding any recovery's ...
how about all of that 75/25 to the end' ? or all of the delay' support ? ... oooooppps' ? ... guess those are pretty sore subjects right about now' ... ? ...
http://www.wmitrust.com/WMITrust
... AND', ... the DTC's ISSUED ESC Cusips Remain, (The DTC' Issued ESC Cusips, as AZ Has Also Said For Years) and remain able to be utilized per the Disclosure Statements Directives' ... interesting how that has all worked out' ... right ? ... everything' that was (AZ) warned about, or posted about, continues to come true', while the rabbit hunters have continued to come up short' ... Go COOP', Go COOP, Yep' COOP Is The "Tell" ... it ain't quite over, not yet
... The New' C-8 Is Cooooool', ... Thanks COOP, KKR, Judge Walrath, and Santa', ... LOL ... 6.2 w/500 hp, all motor', of American Muscle'
just sayin' :)
AZ
~ Thanks Mr Cheese', It's You' That's Been Doing the Heavy Lifting Though ~
... Thank You ...
it's just enough already from the continuations of irrelevant and INTERUPTIVE' posts from this one', that refuses to accept the reality of the issue' ... right ? ...
Have A Great Weekend' ...
AZ
~ A Motion to "Reconsider", after a Loss of this nature, is Complete Nonsense and a waste of time, because the Court actually has already taken the time to give the reasons for its decision to Deny', it's all right there for the reading ... it's within the context of the "Denial" Document, which has obviously been, overlooked, disregarded, misunderstood' or' not actually considered at all' ~
why is this so difficult to comprehend ? ... you don't need my credentials or experience to understand these basics' ... It's Over "THEY LOST" get over it' ... The Plan needs to be implemented' ... stop making a fool out of yourself' because your team lost and you didn't get your way' ... (generally referred to as a "tantrum", irrelevant as it may be)
Many of US' are very pleased this is finally coming to an end' ...
AZ
~ You Are Welcome Mr Jersey', However I see that The Facts Continue to Fall on Deaf Ears ~
It is now being referred to as a ... relevant ... "motion" ? ... a "motion" to reconsider a loss', is nonsense ... yeeeeeeesh' smh' ... well Mr Cheese' & ToGood have been correct, and all that is going on is the "Fact" That YES' "THEY LOST" ... and are now only requesting a "Reconsideration" of the Ruling ... which goes nowhere' ... anyway, I suppose the arguments and debates over the irrelevant somehow must continue, ... Have A Great Weekend My Friend ... later'
AZ
~ “THEY LOST”, … Read The Courts Signed and Docketed Ruling, Asking for a “Reconsideration” Is A Far Cry From “Continued Litigation” … Turn The Page” … This legally attempted endeavor is over ~
any precedent consideration, needed to be in the initial submission
AZ
~ A Friendly Suggestion :), OG' (old school) Columbia School of Business' ~
When dissecting and sequencing bates format legal submissions, ... scroll to the end and experience the and who's signatures are actually on the document, submissions to the court are meaningless unless approved by the court' ... then, from the lower left, slowly scroll upwards reading the footnotes in their entirety, ... once completed, you are ready to read the document' ... I hope that helped' ... I already have an indication, that a few people, (Mr Cheese, TooGood', AZ) already understand these principles and techniques' ... simply gathering documented snippets, never give a full view'
Good Luck Everyone on their choices of participation ... and' ... everyone knows that the CT's were "BRIEFLY" halted, some 9 plus years ago, none of that matters any longer' ... what's important ?, is that they' did not stay that way ... turn the page' ... :)
AZ
~ Impressive Mr Cheese', Very Well Thought Out, Thanks ~
the financial generation of the securitizations within the CT's hasn't stopped, (in my opinion) ... the accumulated interest was used, and again in my opinion, able to be legally done' ... so, that's gone, irrelevant of ones thoughts of right or wrong. however, those days are over and the interest generation, like a turned-on water faucet, cannot be stopped until the year 2050 (ish) ... Their (CT's) Market Value, will eventually be dictated by the Market Itself, once the Reorganization is Implemented' and the CT's become "Asset Managed" ...
Some One (class) is going to be left short, but not the CT's, ... Some One will take a similar reduction in return, in the exact same fashion as DB' did within its "settled" 11.9% loss ratio within the "Globic" settlement. which ? in my opinion is the worst case scenario' for the finalization, as these packaged securitizations were not nearly as sloppy as the $65 billion dollars in long beach. but ? there has to be a loss consideration prior to the final implementation ... all of the cash' must be distributed to the creditor classes', the only actual "Cash' will be "Cash" that is and has been segregated and held within a Trust, (A Capital Trust)
Anyway, ... Have A Great Day and I'm hoping "everyone" has a financially and personal great 2022' ... (and highway, just calm down' these issues are obviously way beyond the obvious', these are world class attorney groups)
I'm looking at 2022 for the year that the plan is implemented' ... :)
just sayin'
AZ
~ Bill, I've Aged A Bit LOL', and The C-8 Is Actually Very Comfortable, along with it's "PURE 100% AMERICAN MUSCLE", Heck Who Knows What Else' "COOP" will provide into the Positive Future That Has Been Planned for the Company' ~
just sayin'
AZ
~ LOL' and Great', Now ?, You're Beginning to "Get It", The Investors Market Place ? Is An Extremely Controlled Environment ~
... WMI's (Holding Company) Reorganization into WMIH, now as COOP ? ... has involved law firms and investors second to none' on the planet' ...
"You Don't Have To Be The Smartest Person In The Room, You Just Need To Smart Enough To Figure Out Who The Smart People Are"
just sayin' :)
AZ
~ I Don't Mean Any Disrespect', It's The Holidays, Yes, I'm In A Great Mood', So Far ? my continued accumulation of WMIH / COOP since way back, have allowed my "COOP" Holdings to have grown and Have Been Great to Me', I've Been Here The Whole Time As Well Brother' ~
... Heck, ... with "COOP" forward movements obviously yet to come, the asset management of the WMB Notes now being reassigned, the interest recoveries still owned to an ESC Cusip holder ? ... not to mention the FDIC's need to use some slick and deceptive accounting measures (footnote 2 on the balance sheet) ... ? ... Yes my friend, it has been a long haul, however, the future continues to look bright in my opinion ... I just took some of that profit and bought the C-8, ... it makes me smile' ...
Happy Holidays'
AZ
~ Well ?, a small percentage of that "COOP" million$'s in profit @ $38.00 pps, paid "Cash" for a new 2-LT C-8 Convertible for ol' AZ, Thanks "COOP", "COOP" Is The "Tell" ~
Always Plan Ahead and Happy Holidays' ... after a few days of ownership, the C-8 is smokin' and 100% paid for in Cash with COOP profits' ... debt is for pee-wee's LOL ... Thanks COOP, Judge Walrath, and KKR ... rock on'
:) just sayin' :)
AZ
~ What's Always Missed' Is "It's All Up To "COOP"'s BOD's When or If' They Will Use The "Debentures" or Any of the Asset Values' As Debt Collateral ~
... "The $50.00 "COOP" pps Threshold I Have Referenced, Must Be Met In Order For The Company' To Utilize The "Debentures" As Debt Collateral" ...
There's that constant misunderstanding of "Who Owns What" ... The Company Controls "Everything" ...
just sayin'
AZ
~ No, No You Don't, The $50.00 "COOP" pps Threshold I Have Referenced, Must Be Met In Order For The Company' To Utilize The "Debentures" As Debt Collateral ~
I know that Az has previously referenced $50 as “the tell”
~ The Company, WMI, WMIH, now trading as "COOP" BOD's HAS ALWAYS Controlled "EVERYTHING", The Company's Financial Products offered', Have Only Been Available on the Secondary Market, through a Broker or Bank ~
... "Everyone" should always be concerned about their CHOICES of Ownership in any Company ... currently including "COOP" ...
I'm invested, because I did my own DD' and used a lot my own money', ... No, I'm Not Worried' about anything regarding this investment, COOP, the ESC Cusips, the WMB Notes' ? ... none of it' ... I quickly skip over the hogwash' ... and the confusion continues' ... right ?
and LOL', my little pet "remora", ... noze pikker' ... is never far' LOL' ...
just sayin' :)
AZ
~ Biz, I Completely Agree' There's a Deeper Meaning that has been missed and overlooked', within the word' "REORGANIZATION" ~
just sayin' :)
AZ
~ Tzebedee, You're Welcome, The Delays to Accommodate the timing of a fixed event' (or, "event's plural" soon to come), Was Planned For Long, Long, Ago (I say back in latter 2015', maybe earlier) Now consider with the ABS-Certs diminishing values, with No Loans Added, Streamlining, Loan Pay-Offs, Home Sales' etc., etc., ... The Interest Returns, the number of remaining performing ABS-Certs, as well as the Loans Held Within Them, have now also been diminished' ... Simply Tracking the WMIH Preferred Managing Sub income and expenses, Proves' That ~
anyway, ... I'm not concerned' ... "it is going to be what it is" ... the WMB Notes are now under Asset Management', ... the FDIC (shamefully) chose to use some slick accounting methods to escape reporting the WMB Note interest earned, the losses, and any taxation responsibility's adjusting the claims showing, that HAVE NEVER changed on the balance sheet', ... Footnote 2' ...
and then there is the disregarded Disclosure Statement, and Judge Walrath's Court Order, limiting the WMI Bankruptcy to ONLY The "Holding Company" and not allowing any of the Cash Producing Sub Network to be considered' ...
its all good' :) arguing and debating is a waste of time' ... the "flunkee's", (again plural) continued twisted history renditions' ? ... mean zero' ...
the "wmi-lt" never mattered, ... COOP Is The "Tell", ... and mere inexperience fueled the ownership misconceptions, and crazy return numbers' ...
anyway'
AZ
~ Beyond "COOP"s Forward Moves, Banging On Any Interest Recovery' Yet To Come, Using The DTC's Issued ESC Cusips, Allows for a Larger Divisible Financial Return for Those That Remain Active and Current Within Brokage Accounts ~
... Yes, it's absolute shameful behavior, however due to the timing length, death, attrition, and the possible economic need for one to close a brokerage account, etc., ... those that remain, will divide a larger amount' ...
... these exact same discouraging actions, were also used back during the 2012' releases submitted ... when only some 67% of the WMI Commons submitted their common share documentation and received the DTC's Issued 939ESC968's ... then experiencing a subsequent additional distribution in August of 2012'
The years of sequential documented due diligence, ... Is Not Wrong', and Has Not Been Wrong' ... the DTC's Issued ESC Cusips will be utilized' per original ownership in WMI's Reorganization ...
AZ
~ Happy Holidays XOOM', I've Never Been Sure of "the when", or for that matter, exactly what the calculations will be' ~
... I doubt we'll have to wait to very much longer to see exactly what ?, and how the BOD's of the Company (trading a symbol "COOP") are going to handle things moving forward' ... Santa's already been to my house' ... :)
just sayin' :)
AZ
~ Thank You, "Sam", "Yes9", "Jelly", "Intuitive", etc.' Happy Holidays and a Merry Christmas ~
... Don't worry, I'm still around and kickin' (I still have my Larry Mahan's for special occasions) ... I continue to find the controlling of "COOP"'s pps and 75 million share float intriguing ... and believe "BOTH" will be changing in the very near future' ... interest earned per each individual ESC Cusip will need to be returned, due to the WMI reorganization, prior to the original bk separations ability to be used as increased corporate value or debt offerings' ... the WMB Bonds are similar and are now already listed under "asset management" ... "COOP" Is Still The "Tell", ... and the "wmi-lt" remains completely irrelevant' as a financial consideration' on any level' ... I've been saying this for years' ...
Yeppers, it's been a long road however, the end is near, as the Company' ... All of It ... Is turning the page and is moving forward ...
for quite a while now, there hasn't been much else to say, ... other than having to endure the daily arguing, debating, over what has not been understood', studied, or researched ... and, I always find it humorous that my own postings need to be continuously "twisted" ... who does that ? ... anyway' ... it doesn't matter'
private groups are currently attempting to be formed' ... BE WARE ...
it is what it is, and it will all be okay'
just sayin' :)
AZ
~ Nope, You Are Funny', I had enough trouble just getting a new 2-lt convertible ! ~
anyhew, Merry Christmas
AZ
~ Hello John, and a Merry Christmas To You and Kay As Well ~
Nope, I'm Done Sharing "here", the reasons why ?, should be quite obvious ... however, specific to your question, the WMB Bonds have ALL' now settled in at July & January for their semi annual distributions' ... I own more than one series as you know ... footnote 2 on the balance sheet', still has me smh' ...
there's been way too much sloppy and poorly researched postings here, as well as the twisting up of my own' ... none of it matters', "COOP" is the "Tell" and the "wmi-lt" never mattered to us' ...
"This should be very interesting soon" ... Yep, I agree' ... "it is what it is", and it's all good'... Santa just brought me a new 2LT C-8 for Christmas' ...
quiet period' ?, give me a break (smh) as usual
just sayin' :)
AZ
~ Mr Jersey, Yes Sir' Both' Actually, Educated and Active as a Contract Business Owner, Licensed to Practice in AZ, NV, and CO', ... Now, as a Family Decision, the Business Was Sold back in June of 2020', with the process of sale beginning in March' of 2020', just ahead of all of the Covid' issues' ... just a case of the decisions being made, Just Ahead of Covid' and being In The Right Place at the Right Time ~
... I presented and dissected documented presentations involving financial issues, I used Corporate Representation, when necessary, and then retained my own (retainer) guys during roughly the last 10 years of 23 total ... I've also openly and individually represented and litigated in AZ District and once before the AZ Appeals Court 3 Judge Panel' ... and due to the strict document preparations', was always successful when sued' ...
... A Lot Is Missed Within These Documents', as well as within their sequencing ... these are just people' ... and, it's all okay' ... people get emotional' ... However, the end result will be "Specific To Form" ... In My Opinion' ...
PS' ... NEVER A PLAINTIFF', ... always a Defendant' ! ... and never' lost a full circle legal decision' ... those days are over' ...
I Hope That Helped'
AZ
~ The CT' "Covanants" being disallowed and expunged by peck' ?, Has Yet To Be Upheld' ... That ?, should be quite obvious to everyone' right ? (Sorry, I found that humorous') ... rex' ? hasn't the ability to fix anything' (again, obviously) ... it's all nothing more than "jam on a muffin" ... you are obviously not a formalized document attorney' ...
... I believe I actually do "Get It" and so, the reason for my positions ...
calm down' ... it's Christmas Time
AZ
~ Yes, I Completely Understand Mr Jersey, and That Is Fine' of course', Again, In My Opinion, Once the Plan is actually "Implemented", A CT' Market Reconstitution Will POP' the Security' Value' right back to their base' considerations quickly, and then some more added, with their 6% earnings capability's, ~
I believe we are good brother' ... we need to be rid of these last creditor issues ...
Happy Hoidays'
AZ