Waiting
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Im with you on this LP. I may have asked the abandonment question here as well. In the inventions and patent world, there is a timeframe which, once past WITHOUT proof of action towards acquiring a patent, make that invention free for anyone to acquire and produce.
I too wonder...
Jest
How about you and all the other take this garbage somewhere else!!!
STAY ON TOPIC!!!
Is there a new 10k???? Not showing in the iHub news feed (yet).
Hypothetical for you:
If you double the salaries of every single American, what would that mean for the tax revenue for the US Government and its people?
Now. I don't know the exact number, but I understand that college grads ON AVERAGE make 2x what they would make without having that degree. It is, after all, one of the main reasons they attend. To become Professionals.
Home owners get tremendous tax benefits...
Car owners... well... that's a negative. Unless you wanna talk cash for clunkers...
From Yesterday 3/23
CLINUVEL PHARMACEUTICALS LTD today announced plans to launch its novel drug SCENESSE® (afamelanotide) in the USA, with the first patient to be treated after 15 April 2020. SCENESSE® was approved by the US Food and Drug Administration in October 2019 to increase pain free light exposure in adult patients with a history of phototoxic […]
Check the news! US sales to finally begin! HUGE news!
Thats better!
I hope you are joking here. If you do really believe that, you literally need to stop speaking on the matter. Period. That kind of comment is beyond the pale.
Damn. Watching this is not fun.
I see that now of course. There is momentum which cannot be denied. Does JMW have the ability to change that? Stop all momo? That is my concern. If the process does not stop, and I can realize some ROI finally, then I really don't care how AG (or anyone else for that matter) proceeds.
Jest
11 years evidently isnt long enough for you? How long do you think we will need to wait for closure on any AG appeals? Any idea? The answer is NO. YOU don't know, she doesn't know and I sure as hell don't. Yet you want all of us to hop on this Odyssey for an unlimited amount of time.. Sorry, but that is ridiculous!
It is foolish for anyone to expect us to want to sign up for that! It lacks logic and compassion.
And I certainly dont need to be insulted by emotional insulting posts from you or BBAN for not having time or for seeing this YOUR way.
As I mentioned in my initial post, im disgusted with the notion.
But anyone to say im "rolling over" or should "bend over" or that I am a "whiner" is really just pathetic. I've been here fighting for over a decade. Letters to the court (3) and (2) FOIA requests!
The time is NOT "now", the time has been the last decade!!!
Jest
I think most are disgusted with that notion. I know I am given the circumstances that brought us here. Perhaps the UW costs should have been rolled into the other settlement (RICO) since clearly it is being paid because of these crimes.
But its the time. Money is nothing if we don't have the life or healrh to share it with our families. Some friends have already passed on from this forum. They will never know the end.
So no, I am not happy at all with the idea.
Jest
WHERE is this notion of common dividends for 31 quarters coming from????? This is new angle that I don't understand because I can't see the origin. Can someone post the link to the origins of this theory???
Jest
I appreciate what you are saying and the time into it. The article does not seem to qualify the ownership of assets by WMIIC the way you have which, honestly, confuses the crapola out of me. LOL
Seems like a holding company holding another holding company. Nested.
No disrespect intended AZ! This pans out in a meaningful way, I'd love to buy you a cold beer(s).
Jest
WMIIC, per the quote below, WMIIC wasn't ALWAYS barren/without assets.
The quote below states outright that WMIIC DID have assets at the time of declaration of BK. It was later without assets at the time of dissolution.
Just wanted to put that out there as your post seems a little misleading based on the information in the quote/link.
"Prior to September 26, 2008, WMIIC held a variety of securities and investments; however, such securities and investments were liquidated and the value thereof distributed in connection with implementing the Company's Seventh Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code. As such, WMIIC did not have any assets or operations at the time of its dissolution."
https://markets.businessinsider.com/news/stocks/wmih-corp-announces-dissolution-of-wmi-investment-corp-1002376001
I believe if you look back in the board history, you will find this outlined. From memory, I recall less than 50% ownership. That is still quite impressive given land value at presumably prime locations.
Jest
I believe your timeline is off causing your stated values and O/S to be off.
JPM offered $8 before WMI was diluted by the TPG offering (verify).. I dont know the exact O/S at the time of the offer, but this board addressed it numerous times in 2008-2009.
Jest
Merry Christmas Everyone!!! Jest
Back at ya gg!! Have a great Christmas! -Jest
Was there any reason that made sense for pushing the BK closing back a few days to the 19th?? Thoughts?
Jest
Can you send us key information when it happens please?
Jest
Anyone have a dial-in number? I will want to hear this.
Jest
The Mods need to clean up the intro for this forum. This is BITCOIN, not some garbage pink sheet stock. The garbage therein shown is ridiculous.
Jest
I am with you on this very line:
"I fear finding myself in a position where I could have averted a disaster and did not act."
I have this odd notion, based on my own fear (and experience) that our lack of representation for such a long period of time opens the door for "abandonment" in some way. The laches term is in line with this. I do NOT abandon my interests in ANY way. Not without my formal signature stating this fact.
Good luck to all escrow holders and longs.
Jest
"....liquidating trust can go ahead and pursue them..."
What if they don't PURSUE THEM?
Jest
Standard business practice to hold onto cash until the last minute. When dealing with these amounts, over 11 years.. you are talking about a mountain of cash.
This is not necessarily in support of the notion that JPM is gonna pay a dime.
Jest
Yeah. The simple fact that they want to shorten this timeframe is suspect. Jest
I agree. It is well past time to end this debacle.
Jest
It happened once BEFORE Nate too... Joe McMahon as USTrustee.
...exigent circumstances...
Lighting has already struck twice IMO... I can imagine a third...
GLTA Longs!
Jest
Problem is....if they allow one change... then they could allow others. What else may have changed??
I would like to see PQ at face PLUS the application of RICO damages (3x) to every single missed dividend payment from seizure to present time. IM ADDITION TO adjusted interest on these adjusted dividend payments over the same period.
Seems to me that the main resulting damage was in the hold being applied to my divvies.
Jest
This was researched on this very forum back in the beginning few years as I recall. It was determined that many, but not all, of the branches were on land owned by the holding company.
I do not recall the percentage of Owned vs. Leased.
GLTA Longs
Jest
Mind numbing stats!!
Hmmm was just looking at Yahoo/Finance for O/S info for COOP. Showing 1.048bn market cap @ $11.47 per share.
How is thay possible? Suggesting under 100mn shares outstanding.
Something seems off here.
Anyone?
Jest
You have converted TWICE again!
What is 1.95% of a dollar???
About 2 cents NOT .002 cents.
25% of a pie is 1/4 (or .25) of the pie, NOT .0025 (1/400th) of it.
Is today April 1????
I am going to move on as you do not seem to be willing to re-eval your position at all. Thats ok...Peace AZ!
Jest
The ONLY way the numbers you presented could be correct is for the STATED FJR (referenced in your own post) to be incorrect. It would then be off by a factor of 100 and THAT would be a BIG problem. It would need to say 0.0195% (it does NOT say this), NOT 1.95% (it DOES say this).
Which one(s) is incorrect???
Jest
Sorry AZ, but in this case you are off by a factor of 100!!! Hotmeat is absolutely correct IF IF IF the line below is correct:
If:
FJR is 1.95% annual
From your post (post# 591651):
"Post-Petition interest calculated at Federal Post-Judgment Interest Rate of 1.95% as of 9/26/08 compounded on an annual basis"
1.95% = 0.0195
Then:
$4,100,000,000 @ 0.0195 = $79,950,000 annual
By stating 1.95% = 0.000195, you have effectively converted from percent to decimal TWICE!!!!!
Jest
Over $800 million... Jest