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...UWB SETTLED with the JACKBOOTS WHO WRONGFULLY seized our bank........
...and the nasty FASCISTS are simply dragging out the CSSA thru the BK CT....................................
...question: why did the FDIC-R's legal counsel in the ITR filing refer repeatedly to the "Chapter 11" proceedings...........error or oversight................????????????..............
...also, off the record, Auntie Li has quietly relocated to NY.......with BS......?????............and she stated that UWB and the HOLDING COMPANY are separate and distinct (yada, yada, yada)......................and that RE: uwbi, she is not involved with "WHAT IS GOING ON WITH THAT".....................quote........
...going on with what, Li...........???????............hello.......Li........the UWBKQ shareholders need some 'splainin...........................and BS wants $60MM for not being involved "WITH THAT"...................
...close it out, marty...................or we will come after you...................per the legal process...........this is amerika and there should be more transparency with stock ownership and the bankruptcy process, imo........
...WOW, wethinks a girlie girl needs to do the DISCLAIMER on this one..............................I no longer opine "ON THAT"......................................
...the final BK status report came from the B-grade staff attorney for one of the two TRUSTEES........absolutely no CRED and inaccurate and incomplete, imo............."administratively insolvent" is a PLUG non-term used for "7"'s..........we're back to "11"......................
...only the POL/POR/HARVEY #2 signed by the two TRUSTEES and the Judge..........matters...................we'll never see the CSSA and the details will never be fully disclosed.............
...case is close to being over......................
...who OPINES on Sunday......??????????...........whomever does Sunday..........................all hers................
...thanks for the info., Mr. Newtogame....very interesting......
...I believe you are on to something.............what puzzles me, however, is WHERE IN THE BK FILING is any mention of the Tax Allocation Agreement............??????.............other than in the FDIC-R's filing on the ITR......?????.............
...also, you noted that the Chapter 11 BK filing.......was changed to a "7".........and now back to an "11" - - per the FDIC-R..... TIMBERLY TYSON has twice stated in her "updates" that the 11 was changed to a 7.........??????........
...also, the idea that FCNCA is involved in a pooling, stock purchase and conversion (or whatever the F/ it is) did not originate from ME or my people...................it sounded preposterous to me, originally.........................FRANKIE's IR hacks acknowledged involvement in the western united problem....................................then the secretive preferred stock issue.................SEC secrecy document waivers, etc.........
...there could still be lots of DRAMA left with this UWB case.......................aimho.......................
...Liana Prieto had the OCC/FDIC beagles on the ropes..............
...buried deep in the UWB vs. OCC legal file are transcripts of communications between Auntie Li and the FASCISTS legal team..............she had the JACKBOOTS reeling on some legal FRCP document........immediately before and after the NOA................appears to be an FDIC internal document the FEDS were refusing to give up..........Li pounded these LOSERS......
...then WE - WE mysteriously DROP THE APPEAL................and none of the legal dogs will comment.............on either side....................the INTERVENOR then takes over.........the same entity that was allowed to be removed from the initial suit....................
...dirty water under the bridge, at this point..................
...DISCLOSE "THE DEAL," marty......................or at least allow the POL to close out the BK..............we don't really care about details...................just show us the MONEY.......or stock in frankie BANK AND TRUST......................TYIA.........
...aimho........................................
...UWBI NOL should be available - - precedes any law change.......
...it appears as if the FDIC-R has the Tax Allocation Agreement included somehow in the OCC/FDIC-R/UWB settlement pool................assuming a 35% discounted value on a $300MM NOL = $105MM+..............add that amount to the UWB recoveries of $120MM+ and there is some real money floating around........
...the FDIC-R is stalling out the UWBI BK process, imo......for the benefit of both parties.........
...case is not over, btw.......................mine ain't.........
...let's see now on the OPINION DISCLAIMER................frankie, his IR Dept. or mayhaps that ANIMAL at Venable LLP get this one...............
...and off the record (ahem!)........some newsies are asking TOUGH QUESTIONS........................which could close out "the deal"................it is a deal, isn't it, larry.......??????......as in.....muzzle the western united nut or you will "BLOW THE DEAL".............................blow the deal.........................really..........???????........blow the deal.............................
...frankie and his legal adviser want the western united nut to stifle..............Venable LLP.........????........sounds vaguely familiar..........isn't that where honey bobo hangs his hat........????........a BIG BIG hat, I'll bet........
...just maybe this Venable LLP outfit is in on some creative FCNCA stock pooling/purchase of UWBI....................under the watchful eye of Mr. Martin J. Gruenberg, and counsel........emphasis on "counsel"........................
...works for me.........................works for UWBKQ shareholders................the western united nut.......??????.........he's on board....................
...close the deal, marty................
...case is over.......................................
...BK Judge, and TRUSTEES endorsements via the POL control the UWBI filing..........case is only over when that process is complete and closed, as ruled by the Judge.............
...RECEIVER has absolutely no legal RELEVANCE to the UWBI BK, other than as a Claimant and Respondent on the ITR entry...............
...message boards are simply entertainment sources for unverifiable posts.................credible or not..........does not matter as long as the pertinent TOS is complied with........
...what is the VALUE of one share of UWBKQ.......??????.....there is no value..........not even a fraction of a dirty penny........the stock should not be allowed to trade, as determined by the SEC.........
...there has been a great deal of legal activity which has occurred behind the scenes relative to UWB, UWBI, UWBKQ, FCNCA, the FDIC-R, the OCC, the SEC, and the BK Trustees along with acknowledged legal counselors............................
...the continuing saga of United Western Bank.............with interpretations hereon from those who possess CREDIBILITY and those who do not and are also often identified as richard simmons, or her wannabes...........free country/free speech........................
.........agreed.................................
...what about OUR - OUR legal opinions......the written versions.......??????????.........and does this TYSON lady give out valuable feedback...............?????????????..............believe WE - WE have some factual, BK CT stamped data Ms. Haines-Tyson failed to communicate................does she forget easily.....?????..........or is the B-grade attorney who represents the Co-TRUSTEE out of the loop...........?????..............
...anyone want to buy some UWBKQ stock cheap......??????..........like say, $0.0055 p/s.......??????........let me know................could be over 2MM shares available....................or is it 3MM.....?????....
...I'm just glad this case is over...............finally........
...ok..........does the UWBKQ stock still trade.......??????.......
...what should large shareholders who wish to sell do.....??????......hold for a bollinger band bounce.......????......
...does the SEC simply sit and watch the little people get wiped out..........??????.............
...when did the case end, btw...........??????............
...FDIC should have filed a motion to have the ITR released to the RECEIVER............period......hardball.............the ITR goes to the RECEIVER per the bank's original CHARTER.....the mofos, per the OTS, took our bank without justification, so the little bitty ITR is no big deal......fascism rocks..........
...playing patsy with the ITR only keeps it out of the BK ESTATE..........the TRUSTEES and HARVEY should have contested the ITR filing and requested that the ITR monies be released to the BK ESTATE...........THAT'S THE LAW, folks................
...why does every single facet of United Western Bank end with a strange, undefined, unexplained, TBD, FASCIST prologue.....???????......is the Mother F-/ing case over or not.............??????........ok, get back to me on that answer...........in a year or two........................
...did we drop the APPEAL for a stipulation..........??????????.................yes or no..........hello..............yes or no...............
...NO......................end of story.....................frankie, it's over..........why does the UWBKQ common stock still TRADE - with huge volume....????????........
...FDIC filing on ITR is a BLATANT CLUE...........................
...that there is or will be some other legal proceeding re: UWB.......or why would the FDIC file a motion with the UWBI BK CT.....?????...................and precedent shows that those ITR's go to the owner/filer because the monies would have flowed to the owner/filer PRIOR TO THE RECEIVERSHIP...............and how far would $4.4MM go in a $60MM-claim BK......??????.......AND THE TRUSTEE AGREED TO THE SUSPENSION IN ADVANCE..............
...and HARVEY never says a WORD..............$4.4MM is laying on the ground and neither side cares one iota.............and the TRUSTEES are required by law to protect the interests of the CLAIMANTS (shareholders)..............................
...weirdness continues...........................this secretive CSSA lurking behind the scenes certainly would explain WTF is going on...................................aimho.............
...what would frankie be worried about........??????.............
...are you hinting at a type of conspiracy.......with say a Mr. John E. Bowman.............??????..........
...and btw, didn't frankie's credit union assume ownership of United Western Bank.................???????...............
...what happened to that preferred stock that frankie has the authorization to issue and sell............with proceeds to be used for some secretive purpose...............??????........
...I'm so confused with this frankie business..............
....hello, mr. holding.......................................
...a BACKDOOR BK "stipulates" that a specified claimant receives a certain amount of proceeds - - without regard to claimant priorities..........................the other claimants agree because if they do not.......they get nothing.....the TRUSTEEs are ok with this - no choice, either......hello.............
...remember some frat brother full of cheap beer claimed UWBI did a BACKDOOR BK with UWBI getting $30MM, hyenas 1-7 getting $40MM and BS/EMPs getting $5MM.........................and yet another member of that same FRAT screamed something about Jimmy Piersall and UWBI getting $2.22 p/s.............................and, of course, the third SCREAMER guaranteed that FRANKIE FEDERAL S&L stock was in "the deal"...........................might have been good beer, btw.........too much, mayhaps..................
...strange how none of our legal beagles DENY any prognostication......................no comment................
...now, the disclaimer on the aforementioned.........hhhmmmmmm...........does Jimmy Piersall opine, larry...................??????..............if so, then these are his.....................
...claimants to the tax refund are UWBI and the FDIC-R............
...there could be a STIPULATION arrangement by and between UWB Signors and the OCC/Intervenor (FDIC-R)...... and certain conditions may apply to monies which may or may not be included in the BK ESTATE - yet.....................although eventually, everything gets dumped into the BK ESTATE....................standard FDIC maneuvers, imo...............
...historically, the FDIC fights like a rabid dog for every penny on every issue..........the fact that the FDIC is going soft on this ITR indicates a very conciliatory attitude, imo..........
...so, is there a CSSA masking the ITR and all other recoveries...........????????????................is there......?????............which could result in litigation proceeds of cash and fcnca stock............???????????........
...OMG...................fred is at it again....................
..."YOU ARE HEREBY NOTIFIED that the Federal Deposit Insurance Corporation as Receiver (“FDIC-Receiver”), with the consent and agreement of the Trustee".......................FDIC-R sucked TRUSTEE (along with the SEC as the other TRUSTEE) Roddy into this matter - - and Roddy's attorney is Timberly Haines Tyson, as noted...................(funny how that gal who represents BS is still copied on all BK filings when Auntie Li said publicly BS had no involvement with UWBI)..................
...this filing actually shocked me because the FDIC-R is asking that the tax refund be held in escrow until a court with appropriate jurisdiction makes a final ruling.............????.....
...this is contrary to what I have experienced with the nice folks at the FDIC.........just sayin'..........
...that settlement DUCK is quacking - - but please don't get me started..........................THE BANK is long gone, the holding company is WIPED OUT.......the stock is worth $0.0055..........frankie holding is nearly off he hook............ET-----Mother F/-ing-----CETERA.................
...so no SIPPY CUPS today..................MARCUS AURELIUS only..............TYIA..........................
.....1Q2014 Earnings were very STRONG.........................
...good momentum on the sales and gross margins................
...we're projecting $5.50 p/s on the stock in 2Q2014.............
...with my payola, I'm going to the circus to sell some XXii.....................P. T. Barnum presiding................
......another strange call related to this MESS....................
...forgot to mention that the one time I actually spoke with TIMBERLY TYSON.....................I asked her why HARVEY refused to speak with even the LARGEST individual UWBKQ shareholders..............she got a little choked up and said that HARVEY should talk to UWBKQ shareholders and then said, well maybe not if he doesn't want to..............???????...........why wouldn't HARVEY want to speak with Michael Savage.....?????.....
....there's not a Mother F/-ing thing to talk about, right.....?????...............negative $60MM in claims, etc......
...anyhoot...............I COULD NOT CARE LESS.............about Sender Savings & Loan...............but there are unanswered questions..................and I might write a book about this "story".............someday..............a worst seller..............
.........$0.0055...........................p/s...................
...a UWBKQ WIPEOUT will FLOAT MY BOAT.........................dat be with a 600-gallon gas tank at $5 p/g..................not good at math but it takes a lot of gin to not be concerned with the idle throttle...................chicks dig an open throttle..........big difference for the budget boater...................hello.......GAS IS CHEAPER THAN GIN.......
...anyhoot.....................GAVE UP ON "SENDER SAVINGS & LOAN" a long, long time ago..............................failed endeavor............hopeless nonsense.....................
...how does pistol pete PUMA make enough money off of UWBKQ trades to buy gas for his boat...........???????..............might be a row boat.................................
...gotta make sure the FDIC doesn't try to close out our BK at 5 p.m. on a Friday before a holiday.....................these boys apply every trick available..........................lot of rumors about UWBI circulating.......................Michael Savage will neither confirm nor DENY.................he might DENY................but not confirm.........................
....................lippaj@gtlaw.com.....................................................................
...good luck with that one.............try one of his assistants or fellow beagles (trick worked once)......................
...these guys should be an open book and gab freely about UWB and UWBI.................no reason not to....................the case is deader than a DOORNAIL.......................deader.........
...so why do OUR - OUR attorneys hide, hang-up, refuse to acknowledge anything re: UWBI/UWB/UWBKQ........??????.......
...I realize frankie's IR folks and frankie's legal adviser (Venable LLP - - I've heard of these guys) have the right to hang and threaten to sue the western united nut, etc..............but not harvey and jeff and auntie li and kirby and HIM......yes, HIM...................THAT GUY who let the OTS SEIZE our bank.............................."no problem" and the JACKBOOTS Suburban with the tinted windows pulls into the UWB main bank.........................."no problem".......................
...now we have decaf dripping off of a SIPPY CUP................
...classic image for UWB................tombstone-esq........
...HARVEY has a fiduciary duty to apprise his constituents of the progress re: UWBI bankruptcy proceedings..................WE - WE have paid Mr. Sender royally throughout this nightmare.............and we deserve a formal update on the status of our filing...........
...my only question - - which I have asked repeatedly - - why the delays within the BK CT when we have a 7 and there are no assets and no attempt to recover any assets...................
...btw, I have the answers to all my questions.........I simply want some other interested parties/shareholders to ASK HARVEY WTF is going on.................................................
...write up a POL on the back of a napkin, get TIMBERLY and the SEC to stamp it and hand deliver the (used on a BBQ lunch) napkin to the judge..............................he signs and the case is over.....................................hello......??????.......
..........hsender@sww-legal.com.................................
...don't mention my name or jeff or ldk.......................
...all you'll get in response, imo, will be a canned non-response, ala TIMBERLY TYSON............and you might be billed for that.....
...in truth, HARVEY made a run for the CSSA................but we know what he is up against...............................
...life's lesson = getting rich is not easy..................
...BANK WAS CLOSED.....suit lost....APPEAL DROPPED...............
...ain't no settlement, no stipulation, no CSSA, no resolution....
...the FDIC is the meanest, most uncontrolled, fascist, manipulative, arrogant, cruelest, spiteful, and malicious entity EVER.......................and those descriptions are the nice attributes coming from a Christian gentleman who has worked with the FDIC for 25 years....................................
...UWBKQ common stock trading should have been halted and de-listed when the Chapter 7 was inserted over the original Chapter 11 filing.......the stock has absolutely NO VALUE......none.........
...please refrain from chastising the charismatic messengers hereon...................message boards are for entertainment purposes only................
...YOU SUCKERS LOST....................deal with it...............
...will be very glad when this NIGHTMARE is over..................
...even at $0.0055 p/s.............works for me.................
...what's troubling about the JPM recoveries, the APPEAL DROP, the ITR, the D&O recoveries, and the BAC monies..........is that UWBI is not fighting legally for any of this.......................
...our legal counsel says UWBKQ, as a class, could sue the D's and O's but a suit would be futile.......................we were also informed that the shareholders could not re-file the APPEAL, unless the shareholders obtained class action status and still might not be successful.................................
...the BK CT has jurisdiction on everything - at this point - except for any CSSA by and between UWB signors and the FDIC-R.....so all we have is TIMBERLY TYSON and rabbi sender who refuses any inquiries concerning UWBI/UWBKQ......................
...weirdest Mother F/ing case EVER............EVER..........absolutely a FREAK SHOW...........
...and as for ldk..................I chose the BMA over the suit........................or was the "or else" referring to some other method..........???????.........maybe I should "knock it off"........................knock what off........??????........
...confirmed on the LITTLES, ED and SIPPY CUP..................
...as for the $0.0001.............ridiculous, foolish and preposterous..............................for entertainment purposes only...........WE ASSUME...............................
...the FDIC is meddling in the UWBI BK, imo...............that's OUR - OUR filing......................and wasn't UWB OUR - OUR BANK that was WRONGFULLY (hi, larry) SEIZED.........??????..........the FDIC would only be "involved" in the UWBI BK if the DEBTOR approved the FDIC involvement via an agreement or specific indemnity.......
...we concede that FIVE SMOKING GUNS is really not that many............but hey, Johnnie Bowman's got bills, too......
...I'm tempted to sell the LITTLES a few hundred thousand shares for $0.0055................not $0.0001...............
...SEC disclosure statement says publicly-traded stocks that file a Chapter 7 Bankruptcy have no value and will no longer trade.......???????.....................really...................
...lotsa 'what ifs' about all of that SEC gibberish............what about the SD derived from the undefined proceeds generated from the mysterious, secretive, sealed, redacted stipulation arrangement..............???????..............SEC didn't address that circumstance.......................and isn't the SEC one of the TRUSTEES in the UWBI bankruptcy.........??????..........
...I'm so confused.....................the BIGS say to be patient and await the $5.50 p/s in cash and stock...............the LITTLES have ED and are trying to buy UWBKQ at $0.0055 p/s................
...and if ldk existed and was speaking, ldk would tell the western united nut to stay off of all social media...........or else marty will send JACKBOOTS..............send JACKBOOTS................hello..........??????.............what's a JACKBOOT............????????....................
...should WE exploit nicotine addicts to make a BUCK......??????...
...sure...simply join pando's ponzi pyramid for two pitas each......
...something just doesn't FEEL RIGHT about this one-trick pony................at least not at $2.40 p/s..................
...what pando needs to do is genetically alter a form of methadone for traditional cigarette smokers...............get 'em off the NICK...............save 480,00 lives.......A YEAR.............
...so, at $2.40 p/s.....no can do........
.....you raised a good point about the NOL in the BK.............
...the rules and treatment re: NOL's are very technical....granted, there could be value moving forward that survives the BK claims.........I'm just very doubtful.....................
...AND.............AND................if the NOL gets wiped out it is because we entered into a CSSA with the devil...........and we could be "stipulated" to the tune of $100MM for dancing with THIS devil...................no NOL but a three-dollar-bill.......p/s...
...should I bill someone for my posting time today, larry.........???????...............or just blame all of these opinions on you.....................????????????............
......AGREED................the holding company has claims, recognized and verified TWICE.............against its assets, if any.............
...the holding company's POR indicated potential assets of $200MM via litigation proceeds..............and those claims totaled $60MM...........................and the BS/EMP 32% contingencies were taken out before the $60MM in claims...........
...the POR was rejected (the 11 was forced into a 7) and a POL was never made public.........very little has been MADE PUBLIC........our BK attorney will not even acknowledge he is still involved in our BK.......?????????????.......
...it appears as if you went ahead and put vodka into your SIPPY CUP, Mr. LGL.................................aimho...........
.....nothing needs to be filed because all SEC reporting requirements are waived in a BK/7 - - the SEC is an automatic TRUSTEE...........and the JOBS ACT also waives SEC reporting - - but this waiver doesn't apply because of the BK...............
...if we entered into a CSSA, which we believe we did, and our attorneys believe we did...........................and the CSSA requires a full liquidation without peripheral actions..................this UWBI entity is toast.............poof.............gone forever and this is what the FDIC wants...........................good ideas but moot/mute....................................aimho..............
...that would require full disclosure, both inside and outside of the BK CT..............along with the SEC's approval.............very unlikely, imo.........and any real monies derived would go into the BK ESTATE............and not into our pockets because even a $300MM NOL = about $50MM, net PV, imo..............our BK nut is $60MM........so who cares..???.......
...remotely, I could see FCNCA absorbing UWBI, assuming the UWB NOL's could be used..................and possibly a 3rd party buying the UWBKQ shell and using the NOL's....................
...the FDIC is controlling all aspects of the UWBI BK and probably requires a complete liquidation, nullifying all future rights and claims to anything...............................we get $3.30 p/s in CASH.................................
...case is definitely not over...................although we will never know one thread about what is going on..................for a $3-dollar-bill p/s...........................no prob.............
...aimho.................
...we never saw any formal charges - - - - just the whistle blower receipt.............................
...appears to be some HUGE FCNCA-involved settlement, albeit secretive or sealed or redacted or hidden....................or buried............................frankie might have cracked under questioning and ratted out honey bobo - - which impacted the FDIC to wire-up a stipulation..................FCNCA mysteriously tightened up its D&O coverage in 1Q2014.........frankie's sister quit the board in late 2012 and apparently dumped some stock...................and there is the undefined, special issue FCNCA preferred stock that sits in abeyance...............
...............the whole mess is QUACKING loudly............might be a duck..............................
...and our legal adviser said that.....IF........IF something HUGE is going on behind the scenes secretly in the BK CT.......................major dollars will flow to UWBKQ folks.......................in other words, $0.0055 or $5.50 p/s...........monica would probably predict about $3.30 p/s.....................
.................aimho........................
....I want change back from my TWO-DOLLAR-BILL (p/s)........
...until then........AVOID THIS OVER-HYPED TULIP...........msa is a pipe dream and big tobacco would step on this GNAT, were it a threat............
...nicotine addicts do not buy/smoke watered down MULCH........the future is in e-cigs, not genetically-altered PANDO PYRAMIDS......
...sorry.................wake me from my nap when this moldy mess trades near a DOLLAR.........................sooner than you think.......................
.....believed to be about $80MM, we were told.....................
...the settlement agreement has the individual amounts coded....??????.....
...difficult to ascertain because it appears as if UWB had a bigger percentage of the $515MM total....................80 sounds about right and it all might be moot or mute since the JACKBOOTS get every penny...................................aimho......
...still confused as to how the SEC can allow the UWBKQ common stock to be listed and traded..........with or without the cssa and sealed BK documents.........unless, of course, there is some behind-the-scenes SHILL MM as permitted by Dodd-Frank.....................and all new purchases have to be registered...............................Monica Bowman probably won't be "trading" - - THIS TIME......................imo.....
edit...all SIGNIFICANT UWBI BK documents are SEALED...............................
(Section 107 of the Bankruptcy Code and Bankruptcy Rule 9018)
...as are the LIPS of those who have knowledge of certain docs......
...this is how the FDIC conducts business................
...might be time to put some cheap vodka in your SIPPY CUPS......
...ain't disclaiming jack s/, sir.........if I had any of this dried up roadkill, I would value it above a three-dollar-bill PER.........frankie federal is also in this mess somewhere, imo.............
.........BIG BOY POKER.........................................
...we're in this NIGHTMARE to the very end........................
...$0.0055 or $5.50 p/s..............doesn't matter...........
...CORRUPT jackboots shoulda kept their dirty hands off of our bank........
...this post is someone's opinion.....................that someone has never heard of UWB, UWBI, UWBKQ nor John E. Bowman...........and the western united nut better knock it off..................or else........................sack tingle on the "or else"...............................
...A CSSA, assuming one was created, can be kept out of the BK CT proceedings.............any monies created from the CSSA would be considered and included in the BK ESTATE..................
...so we have a complicated process here.............the CSSA spits out some major cash/stock which gets plugged into the the BK ESTATE...........with conditions......................satisfaction of claims, for example.................waiver of litigation..................agreement to redaction and/or the sealing of documents.............................ETC...........
...all activities would be outside of the public arena, by agreement.....................nobody cares..............if the Claimants are satisfied................all is well..............
...HOW MUCH TO UWBKQ SHAREHOLDERS, FRED, AND WHERE THE F/ IS OUR MONEY...........................???????????.................very good question..................let me just say.......WE ARE WORKING ON THIS CASE................................aren't we HARVEY.......??????????????.....................hello..........