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IMO, alice sounds a lot like she sounded when she posted over on bp, that is to say, extremely dumb.
As everyone can now see, there will be NO HLCE!
So, what stands between us and HLCE now?
Well, the BKs are now closed, so where's the HLCE, or at least the PROOF of HLCE?
Sure you're getting paid, haven't you heard, there is ACTUAL proof of it,,,,,,,,,,,,,,,somewhere.
Let me guess, you have been believing the ones who had proof of the riches to come, and now you feel victimized?
Up until the appeal is settled, then no, it can't.
The BK can't be reopened after close,,,,UNLESS,,,,,,,,,AG's appeal succeeds. That's the ONLY way it can be "reopened". In other words, it's closed contingent upon the outcome of the appeal, which was filed DURING the BK. No other filings will be heard.
Just telling you what HE said.
The COOP board is not the place to display my superpowers, so I won't.
It's going to gradually sink in, isn't it folks.
in this post; https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152221285
~ Yep, I Have Uncovered The "Proof" Of Our (eventual) Class Specific Returns ~ ... BUT The Cases Need To Be Closed FIRST' ...
It was implied that the closing of the cases was the only reason that he wasn't posting the "proof" . Now he says, that he never intended to post it. So that's really a blow hard don't you think?
Well, when he comes up with yet another excuse for NOT producing the PROOF that he says he has, then you will know that you have hit the nail on the head.
And why wouldn't we see proof of money coming back after the BK is closed?
If the BK is closed today we will see proof of much money coming to our escrows, don't you think?
Hotmeat is right!
You got a lot right in this post, but you missed badly on the "solution". No recovery will come other than the coop shares, period.
Well, the MOST obvious reason, now that you say NOTHING can screw us at this point, is that you have NO PROOF!
"~ Mr Gold, No I Seriously Doubt We’, Can Be Screwed By Anyone At This Point ~ "
But yet, I will not show you my proof.
"AZ says he has proof that there’s recovery $$$$$$
He’s stated he anticipates around $8 for commons so that around $40 billion" So, where's that proof?
AZ also relied to a poster he anticipates the markers to remain for around a year..... " That too will NOT happen.
"It seems AZ was right about the LTI... No 75/25 that’s all over...
AZ was right about Alice - Nothing has stopped the timeline to close... " There will be no 75/25 because there will be a big fat 0/0 . And everyone knew about bop/csny/ag.
"In a few days not years we will see if AZ has earned his stripes!!! " And almost everyone already knows the dismal outcome, some are lost in hope.
"I don’t think any of us are prepared after thousands of posts, millions of words to see ZERO!! " But you better be.
"Did AZ nail this from day 1?
We shall see.. " He nailed many here, that's all.
Why not? It's the TRUTH!
Why don't you save all of your old getting ancient movie ticket stubs? You never know when they may come in handy. Is this any less important?
That's just legal formality. NO recourse once shafted, just like equity.
IMO,Sounds to me like she has been reading too much IMBs.
If you want it explained further, here you go;
"Original WMI, - they no longer exist.
WMI Holdings Corp, WMIH Corp, - they are one in the same; no longer represented by such acronym or stock symbol.
- COOP - the only "thing" that exists; as represented by the stock symbol and the SEC filings with NO REFERENCE to a "SUPERIOR OWNER" LOL in any SEC or Audited filings.
P, K, and uq “Tracking Markers” - worthless per the WMILT - THE FORMER "TARGET" as the WMILT filings have been accurate / nope don't trust the WMILT.,
and a load of WMB Corporate Bonds - a "LOAD" is an accurate description of the value of the WMB bonds (remember the GLOBIC SETTLEMENT that was 'coming to a WMB bondholder near us soon (didn't)...
I’m Not Concerned ... " - since nothing other than COOP stock existing holdings exist in reality, not worried either.
the other purported "colors" are worthless.
"Original WMI, WMI Holdings Corp, WMIH Corp, COOP, P, K, and uq “Tracking Markers”, and a load of WMB Corporate Bonds ... I’m Not Concerned ... "
You don't know it yet, but you gonna get hosed big time on your bonds!
*" WE' (You and me) were CLASS SPECIFIC purchasers of WMI's Financial Products that have now survived its Bankruptcies and its Reorganization'" ...
Nope, they were cancelled, didn't you know that?
Here's the thing, you don't say $90 Billion is coming back now, you just say small potatoes now. That's hilarious.
When it's over and you have NO HLCE, don't be surprised.
None of your research matters anyway because the fair and reasonable will not be anywhere near what most think that it should be. It will be pennies, not dollars.
I have uncovered the payout to the escrows according to my interpretation, the Ks will get less than .02 each, the Ps will get less than 8 cents each, and the common gets about zilch. That's more than fair and reasonable IMO.
What? Now you don't believe in HLCE? ???????????????????????? !
Bonds are worthless and will remain so.
Yes, just a legal formality.
Nothing coming back folks, it's all a HOAX! Or as someone famous says, it's a Witch Hunt!
Sorry , but those bonds are worthless, try selling them and see.
And they will remain worthless.
. With the final distribution being made to holders of Allowed Claims within Class 18, all Liquidating Trust Interests which were issued pursuant to the Plan to holders of Allowed Claims or reserved on account of holders of Disputed Claims, and subsequently transferred to holders of Allowed Claims as payments flowed down and in accordance with the Bankruptcy Court-approved Plan and waterfall, will have been satisfied and there will be no remaining beneficiaries of the Trust other than potential charitable organizations. To the extent that
30
“escrow markers/escrow CUSIPs” have been administratively issued for tracking purposes, WMILT submits that cancellation thereof is appropriate in order to avoid inconsistency and misunderstanding in the marketplace. WMILT submits that such cancellation of escrow markers/escrow CUSIPs will not prejudice any party as no additional distributions will be made.
Hope everyone calms down now, nothing coming folks.
LOL, yeah bet he will.
YES, and the proof of it is that AFTER jpm bought the bank, they found a $30 Billion that was unexpected, and they bragged about it, and KEPT it, and didn't pay a cent more than the $1.9 Billion that was AGREED upon.
Paying for wamu's bank is finished, it's in all of their sec filings, go do some reading.