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You are planning an investor conference on TikTok ?
Bban, did you get a chance to read this BD post ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171636868
I think he signed NTPA
( Never Tell Pick Agreement)
Thank you BD and AZ for keeping up the hopes of ALL legacy WAMU shareholders alive !!!
Good luck to all !!!
Ok but what about 3rd bucket ?
Beneficial Holder’s and DST’s are 2 words, Pliss tries to stay away from.
Bban, you don’t have to look far. Sometimes even the fingers on the same hand don’t agree with each other. Sometimes when the middle finger goes up, the rest of the fingers hunker down.
It’s all good, for us, WAMU shareholders.
GLTA
I think you might have gotten this confused with ‘Cooper Tire’
https://coopertire.com/en-us
But the way legacy holders are being treated, it doesn’t really matter, tires or bank, it’s all the same.
DST,DST ,DST (Delaware Statutory Trust)
That’s they key Pliss.
It’s actually amusing to see you guys sounding so desperate/negative .
Every human being is excited to see money. But its silly to see (genuine) folks excited at NOT finding any money
Your 699 P’s are a lot of money. Time to jump ship Pliss.
Pick, since BK, CES and DL have left , per your analysis are you subtly stating AZ is managing XXXX, whatever that is ?
JB, this is a big clue I think :
‘ Wand Merger Corporation (“Buyer”), a newly formed shell entity which is an affiliate of WMIH Corp. (“WMIH”), intends to acquire, directly or indirectly, all of the outstanding equity interests of the entity previously identified to us by you as “Eclipse” (the “Company”) from the equity holders of the Company.’
We are going to guess(SWAG) that it’s one of the following:
WMIH
JPMC
KKR Wand Group
SoftBank (Masayoshi Son)
Yes.They first transfer all monies into Picks account and he then distributes it to Lodas and TickTick.
There was a rumor that Masayoshi Son could lead this company ( back in the day)
Then we also know that the WMI/DST already received/collected from the Receivership as a Secured Creditor( as reminded in the WMB abandonment letter) to the tune of at least $ 271.2 B + whatever PREMIUM WMB FSB fetched as JPM BOUGHT 100% of the WMB FSB stock from the Receivership and not the "stated" book value of WMB fsb.
So that money still needs to be ‘disbursed’
FWIW
This is in line with what Bop said in court to THJMW and there was a pin drop silence, ‘that the original WMI was still alive’ !!!
So XXXX ‘eventually’ is JPMC
FWIW
JMHO
Thanks BD. I guess key part is ’ Those who released were also granted Restricted interests in BK filed #1.... legacy WMIIC ‘
I am hoping that ‘instrument’ was not make folks like some of our resident naysayer’s post on this board lol
If you recall ‘MCG’ was used in one of the filings. It was downplayed by some on BP.
So you add I to MCG and it becomes MCGI
Mr Cooper Group Inc
Buyer will be merged with and into the Company, with the Company surviving such merger, in all material respects in accordance with the terms thereof (the “Acquisition”). After giving effect to the Acquisition, the Company shall become a direct or indirect wholly-owned subsidiary of WMIH.
So WMIH ?
Thanks LG for the repost.
GLTA
That will be such a bummer. More like ‘teaching’ somebody that you have to ‘eat with your mouth’
Aligns with what I see in my 1099. No surprises !
Pliss, if you cut out all the complex wording, all AZ is saying is :
1. He made money by buying COOP when it was in its 5’s and selling it in the 50’s
2. Some entity deposited cash in his WF account
3. He is expecting something positive for legacy holders soon
Now I am not sure which of the above three statements does not seem believable.
Not me .
Always good to see the special note:
‘It is JPMCB’s position that certain of the repurchase obligations of Washington Mutual Bank remain with the FDIC receivership.‘
Presence is a given, but key words are ‘and which are outstanding during the reporting period’, which indirectly/implicitly implies a future distribution.
FWIW
JMHO
UQ commons went through two reverse splits. ( * 0.03 and /12)
PQ had one forward split and one reverse split. ( * 19.8 and /12)
Cura, great analysis. Thank you for sharing your DD with this group !!!
This is a BIGGIE !!
Yes. And he thinks nobody knows it. Sad part is he doesn’t know that everybody else knows it !
Maybe AZ already has some insights but not able to publicly share yet ?
Not sinister at all
Triple Witching March 17th
https://www.thestreet.com/dictionary/t/triple-witching
Triple Witching March 17th
https://www.thestreet.com/dictionary/t/triple-witching
‘Some’ ?
I thought they only contacted AZ.
Pick, XXXX is either JPMC or WMI the grandpa or Masayoshi Son or SIVB per Gov.
Now I really don’t care who that is and I am sure none of the legacy holders who have been here for 14 years do, as long legacy shareholders see some recovery.
And on the how much AZ got, he bought SuperBowl tickets and he was happy.
Now why would I continue to bother about that issue ?
Pliss, you and Pick are in the apple business. Your apple trees have a total of 10 tons of apples, while Pick only has 5 good apples in his own orchard and all 5 were pecked by birds.
But yet you give up all your apple trees and decide to share profits with Pick , by agreeing to be his partner for his orchards.
So you gave away 10 tons of apples for 5 bird pecked apples in Picks orchard, maybe good for a cup of cider for you to to drown your sorrows.
You are a ‘wonderful businessman’ !!!
Ron, Interesting you say that because GovInsider on BP felt AZ’s XXXX ‘could be’ SIVB.
That or JPMC or Fortress !!
FWIW
GLTA
Ok Pliss. So you are saying, AZ wakes up every morning and tweaks his imagination and then produces that ‘imaginary figment’ , the M.O of which essentially is ‘ how can I scam and fool legacy WAMU shareholders , post half baked misinformation , let them struggle to ‘guess’ the other half baked parts, while he, AZ, sits and laughs his butt off ?