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REORGANIZATION - Chapter 11
... try to do your homework together... you are on the right line...
I'll give you some hints; all documents/statements are posted in this board, try to find and understand them... connect them
A-L = 24 B
C/B 15B = 62,5%
Equity 9B = 37,5 % (biggest outcome in History)
Equity
Commons cancelled
Preffs/Prospectus cancelled
instead gettin' two types of securities
Serie S - 6B (17%! interest)
Serie T - 3B (17%! interest) (75/22,5/2,5)
Reorganization... Fair and Reasonable
Serie T - 3B- 2,5% - 75 million $ new Company
Equity 75 million = 37,5%
C/B 125 million = 62,5 % (look above)
with recieved interests acquired Nastionstar
Serie S - 6B 17% for 15,5 years
6B + 15.8 B interets (until now)
Feb Mor3 2012... equity has a claim - DCR -
Preffs 7.390 B
Commons 13.050 B (1.060 B Shares)
Federal Judgement Rate....
Preffs 1,3 - (10 B Preffs in Coop)
Commons 10$ per Share - (106 Million Shares Coop)
independently of accepting, releasing...
Serie T
Remains 2.925 B - 75 millions new Company
(75/22,5/2,5)
Preffs 2.250 B
Commons 0.675 B
only for releasing ones and last post stay healthy waiting for the fdic cyu next year
that was the REST OF THE STORY GLAD someone copied and saved it
Yeppers and WHAT a KOWINKIDINK P's/K's/U's=3 different things and 2 new bond shares and a new preferred = 3 does it not
BINGO FRED
New poster as of today "FAIR AND REASONABLE" and his post lasted all of 1 min before it went POOF GHONDI
Yes I did see it
One way to make sure it is TAX free is by the issuance of new shares !!!!!!!!!!! Plus nobody is gonna give up cash when they can use it moving forward to financially facilitate the company in making even more money, THEY IMHO WILL ISSUE NEW SHARES P's and K's and U's
IFIN you buy this shit you are MUCH DUMBER THAN I THOUGHT
"" "TOE" actually leading DONNIE by 6%+++......."""
But yes his in the BOX electoral votes are all that count, NOW we have to worry if congress will back the votes or not confirm his win
That is not the point at all, the point is plain and simply that, although it was stated by BOBVIOUSLY several of us, The tick was never of the mindset that shares needed to be issued and NOW out of the blue it was and is his idea.
Speaks tons of ones character
NO REASON I SHOULD BE THERE so no big deal
05:34 PM EDT, 08/14/2024 (MT Newswires) -- First Citizens BancShares (FCNCA) filed an automatic shelf registration statement with the US Securities and Exchange Commission Wednesday covering the potential sale of securities by the company and/or its security holders from time to time in one or more offerings.
The statement covers debt securities, common and preferred shares, depositary shares, warrants, purchase contracts, and units.
The company said it plans to use the net proceeds from any sale of the securities for general corporate purposes.
OBERTHAL
""Just don't think Cactus would come up on his own with this scheme to adjust the stock count,""
HE DIDN'T he plagiarized it from LG and ME
I showed him a post where I had been talking about is well over 2 yrs ago.
A true reorg requires that the company be put back as close to the way it was, and that was 51% ownership by COMMON SHARE HOLDERS so the company can get a NEW IRS opinion letter and additional NOLs........... We got 6 bill and imho there is probably an additional 6-7 bill more with issuance of a new OPINION LETTER
Just remember
NO COMPANY involved in the take down of WAMU can ever take over or buy ASSETS of the company.
The only things that JPMC can buy imho are what they were illegally given by the FDIC AND STILL OWE FOR
But can NOT TAKE OVER or buy out the company
IMHO
LG and I have Called him out on ALL of his intentional lie MIS TRUTHS over the years and why NONE OF US SPEAK anymore.
He was not able to dispute, so he then resorted to being a veil vindictive sad angry person instead..........................
And as ALL CAN SEE NOW he has even turned on RON with the same nasty attitude he has shown to ANY the DISAGREE with his take on this
TIME WILL TELL AND TIME TELLS ALL
He has to WALK THROUGH THOSE GATES all by himself and stand ON WHAT HE HAS DONE IN LIFE
Newflow
"" equity classes "" and YOU KNOW exactly who that is
TPS P's K's Q's and ya probably know the pay out matrix ""PROMISED TO THOSE AS WELL.................
The CO's putting out the matrix was imho a CYA statement by the co , SO NOBODY COULD COME BACK LATER and say, well I didn't know or thought I was being duped
100% to cover their collective buts from lawsuits later down the road.................
BY ALL THE UPSET LEMMINGS thinking they will inherit the EARTH and the BULK ESTATE
PS
OH and IF IF IF the TPS "HAS BEEN TAKEN CARE of already, then more of the pie for the P's K's and U's
BINGO
LG and JHD a case of needed IMPORTANCE, must not have been important enough for him during the previous part of his life...............
IT LOVES to chit STIR and make his lemmings all worried and have to ask him for him to comfort and to ease their worries
LMAO
Fred
2 days ago it was 1-2 yrs now you're at 6 months , do ya have a mind to make up
IN 6 months( more than likely in the next 3 months) you're gonna be up to your eyebrows in DEEP SHIT in this country, imho THE LIKES OF WHICH NOBODY HERE HAS EVER SEEN
Even a strong possibility the election will be POSTPONES, not sure about that one yet but a good bet
Fred
You seriously MISUNDERSTAND why I want this to hurry up!!!!!!!!!!!
Shit is IS IS about to hit the fan and big time both financially and politically and so far as where justice is concerned.
I WANT IT NOW so I will have the ability to take ADVANTAGE OF the coming falllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll
SO CLICK FKIN CLICK
SOrry not imho
Searfino
""then WMIH must yes, return to the old share numbers."" BINGO as a new IRS OPINION will WILL be issued when this all ends........
As for AZ SOrry he brings this stuff on himself, with his smarter than everyone attitude and cryptic messages and XXXX and snide ass comments......
AND HIS INSIDE INFO FROM DOREEN if IF IF in fact he got any and if he did I would have given her more credit than doing so
SO it is deserved
YES YOU WILL SEEEEEEEEEEEEEEEEEEE
AZ riding or scurrying off into the sunset never to be heard from again
Has to be in the lime light pard, actually am surprised it took ya so long to finger out ,. it is EITHER HIS WAY OR THE HIGHWAY
WHY NOT he deserves it and MORE
ITS TRUE ALRIGHT
ALL here have seen him change DRASTICALLY over the last 4 yrs DRASTICALLY
The company put this out
WE BELIEVE THERE WAS AN OWNERSHIP CHANGE!!!!!!!!! WELL Duh the pre's and post heck yes there was an ownership change, PRE's went into the DST the rest got kicked under the bus. SOrry
DOESN'T FIT THE TICKs AGENDA PARD SORRY
Appears like many here you are no longer the CHOSEN one, or at least not in the same camp.
YA AINT THE FIRST NOR WILL YA BE THE LAST
LARGE GREEN
LMAOROTF, THE TICK IS NOT about to respond to you, nor can THE TICK DENY any of what ya put out there, as IT DOES NOT FIT THE TICKS AGENDA and what THE TICK has duped his lemmings into believing, that the MEEK SHALL INHERIT THE ESTATE
I am so looking forward to THE TICKS DAY OR RECKONING, so the TICK can just ride of into the sunset never to be heard from again, with 100's of lemmings chasing after the TICK with pitch forks
ANd ifin the TICK does respond, it will have to include some stupid comment like 36,000 heat stroke bottle induced posts rhetoric
It picked an appropriate comparison I must admit
TICKS are blood suckers that pray on people and mammals and suck the lives blood out of them, THEY ARE A PARASITE PLAIN AND SIMPLE
RD
FINGERS CROSSED FOR THE 1,000 time, starting to wonder if they are just gonna grow together
THIS MAY VERY WELL BE WMI's ACE in their hand THE CARD THEY HAVE NOT PLAYED YET, you know WE HAVE NOT RELEASED THE FDICK and THEY HAVE NOT RELEASED US, ya always save the best for last
HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM
Preparing for something are they
This is gonna be THE BIG ONE !!!!!
""""commercial real estate is another freak show........values dropping into the baby jessica cistern..."""""
and will dwarf 2008 residential crisis
Serafino
I have always suggested that it is to PRE SET someones mind that nothing is coming back so that when something DOES come back people feel over joyed and HAPPY and see what it has done in their accts and just say I HAVE HAD ENOUGH and I am getting out NOT.
Adn then those playing this game will or their bosses will scoop up everything they can get their collective hands on............
When some one PUTS FORTH AN AGENDA, they hang with it, proven wrong or not
Goodie
THAT IS what was stated in in both the 8k and the PR put out to "" CORRECT MESSAGE BOARD MIS-INFORMATION" about the payout matrix
And remember the TICK has always said " you can only believe 8K's and PR's and FILINGS issued by the company nothing else matters""
But RON MY WAG is the REAL ECLIPSED is not WMIH , but IN FACT has been WMI that is ECLIPSED till they wave THEIR WAND
HMMMMMMMMMMMMM
AT a Rate of 6.875, EXACTLY what the P's interest was CHANGED TOOOOOOOOOOOOOOOOOOOOO
Just a KOWINKIDINK right
Yeppers and JUST ""AS POWERLESS as WMIH is to ACQUIRE WMI's ASSETS...........
NO ASSETS OF THE DEBTOR can/will return to the REORGANIZED DEBTOR
PSSSSSSSSSSSSSSSSTTTTTTTTTTTTTTTTTTTTTTT
THAT means WMIH don't get squat imho AND nor does COOP
NOPEY it hasn't there is still SONTERO/UBS that is currently ongoing