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Not anywhere close with an OS of 4.5B shares IMO.
Who's talking about the Hiv trial?....clearly referred to Covid but you obviously missed it.
Don't think the FDA is issuing EUA's for Hiv last I checked.
Didn't Leron fail to meet any of it's Trial endpoints?
Not sure what your point is...the FDA doesn't hand out EUA's based on selectively presented data.
That's the reason why a large cohort of patients is used, to discount for outcome anomalies that could skew the overall data.
A serious FDA Phase Trial has a minimum of 1000+ patients so that enough Top Line Data can be collected.
A trial with <400 patients to test a drug treatment for Covid is a joke.
Are legacy assets GONE?......YES THEY ARE, LONG GONE
1. 3 Wells Court ordered registry accts......CONTAINS ZERO CASH AND LIKELY NOW CLOSED.
2. DST......USED TO CREATE LT, NOW 100% IRRELEVANT
3. JPM needing to pay for cherry picked items at BOOK VALUE......ALREADY PAID FOR IN 2008 WITH $1.8B.
Totally misunderstood your reference....my apologies!
So we shouldn't acknowledge we are on our way to achieving a target but instead gripe 24/7 about how long it's taking for the pps to go up?
Sorry, whining is not my thing.......
At this rate we could hit the 50 site target before the end of May.
Slow but steady progress.........
I asked CBA questions back then because I at one time actually believed the Escrow hogwash posted here every day.
Pretty clear now that he was also wrong.........
The FDIC holds ZERO....COOP holds ZERO....There is ZERO coming back to Escrows...Escrows = $0.00....EOS!
Many here seem to never regret constantly posting false and misleading info.
JCP holders learned that lesson the hard way but were lucky in that they were only duped for a couple months rather than almost 13 years.
There are three possible avenues here IMO......
1) That the Libor settlement exceeds the ~$14-$16B liability of the Receivership so that any excess cash goes to Equity. Based on the amounts received in previous Libor settlements, this is absolutely not going to happen, EOS.
2) The WMILT filed a Creditor claim against the FDIC for the Capital Contributions made to WMB. Whether this claim was "released" in POR 7, I am unclear, but if it wasn't this would be the other avenue that I am aware of. Again, this option is also remote to non existent in terms of being successful.
3) The most likely scenario is that the FDIC settles the Libor issue for a couple 100 Million to just over a Billion, and this payment is used to pay down of the still outstanding DB and WMB Snr Note debt.
WMB Sub Notes and Equity are way out of the money. As I've stated before, there is zero factual evidence that Escrows will be paid anything either from the FDIC or WMI legacy assets.
ALL of the theories put forward by the pro-Escrowers is nothing but wild and irresponsible speculation that's based on misinterpreted and misrepresented ""DD""....hence the reason it always turn out to be WRONG!!!
Don't know if it will go as low as 25 but i'm almost 100% sure we will see 28-29's before a major pop.
Lets see if MF loads up again like he did when the last dip occurred.
Also looking out for the ever lurking "doom and gloom crew" to return and start harping once again about how terrible RVV is.
Yadda Yadda Yadda....too predictable!
Whether your info is correct or not is totally irrelevant to me because for a couple years now I've been stating that the FDIC is not holding any WMI assets, nor are there any hidden Safe Harbor assets coming back via COOP, the Cap Trust or otherwise.
The only possibility of us receiving a distribution from the FDIC depends on the size of a Libor settlement and even this is remote because there is $14B+ worth of Receivership debt to be paid before Equity sees a cent.
So once again, I could care less what your supposed ""contact"" informed you because I now believe the FDIC/Legacy Assets, and every other Escrow theory is pure hogwash..
Haven't watched any previous interviews with MF before but I did sense that on certain issues he gave reserved/measured responses.
I don't believe I know of any Pinky CEO that wouldn't have used this opportunity to gin up interest in their stock by ""exaggerating"", to some extent, such a major company development.
Contrast this with the CEO of C#%Y, NP....virtually every pronouncement from him comes across as being a grand slam home run.
Also interesting was him saying @8:55 that, "it's a double blinded study so efficacy comes at endpoints, more towards the end of the study".
He immediately prefaced it by saying that the company was looking through data and are engaged in discussions with the FDA about the optimum time to apply for an EUA.
However, the statement above, highlighted in RED, is confusing since it's unclear what data he's referring to.
To my knowledge the Buc data is still blinded thus only the DSMB and the company conducting the Trials should be privy to it.
Quote: "companies like gilead have a lot more funding to throw around on sloppy research"
Agreed...RVV neither has the $$, nor the connections to get mediocre drugs approved like Big Pharma does hence the data from our trials needs to be detailed and precise.
Read today that Merck has abandoned their Covid drug that completed Phase 3 Trials because ADDITIONAL DATA was requested.
I highly doubt that MF wants to be faced with such a scenario because of the additional costs such a request would entail.
I say get it done right from the onset and present comprehensive data that stands up to scrutiny, if however the Trial fails, so be it....that's the risk I accept.
The info seems legit and makes it even clearer that the FDIC IS NOT holding onto any Safe Harbor assets that belonged to WMI, as many here already knew.
The only assets the FDIC ever held belonged to WMB and those were all sold to JPM as has been stated multiple times for over a decade.
It can be debated, even though there has never been any direct evidence of such, whether Safe Harbor assets still, or ever existed, that will be returned via COOP or Asset Trusts/Trustees.
But based on this purported FDIC response, one more "doorway" for a recovery was just slammed shut...AGAIN!.
EDIT:
Escrow Theories => 0% accuracy
Escrow$ => $0.00.......it's called evidence
That's 3 sites added in 3 days, I think.
Nice trend...hope it continues and even picks up pace!
Pumpers??? WOW LOL
This board definitely wins for having the absolute worst pumpers ever!
As for our optimism...it's actually based on what's evident, not the usual Pinky BS!
This is you being grossly disingenuous right!?!
I've held onto the same stock since it emerged from bankruptcy back in March 2012, to this day....holding onto RVV is nothing in comparison.
have to admit, the "flip flop" posts are a fun read though. LOL
HELL NO, I will not be taking any "money off the table" because what I invested here was always intended to be for the long term as I've stated from day one.
If one invested more cash than they should have and now feel they need/have to liquidate part or all of this investment, which they have every right to do, that IMO was a bad trading strategy to begin with.
At these levels most longs are likely up a couple 100% so I'm not sure where all this doom and gloom type commentary is coming from but I suspect it has a lot to do with impatience, greed and in a few cases, gross disingenuity!
Canaccord is in @ 40 so at this current pps my level of concern is minimal.
To each his own!!!
I have no idea whether Buc will prove to be effective against Covid and receive EUA.
Based on the available science, it's chances are better than average, especially since we know it's more more potent than NAC.
If MF was or started using these Trials to "pump" RVV I would become very concerned that we were being scammed.
The silence from them is less concerning to me but obviously we all would like things to progress much faster but this is totally out of our hands.
The Buc Trial is being conducted using the strictest model, to my knowledge, in Phased research hence little information will be forthcoming until the results are unblinded.
I can only assume these stringent measures were adopted so that the most accurate/top line data would be collected on the effects of Buc against Covid, and possibly other future viruses with similar indications.
What's amusing is to read all the whining posts, which is your right, from Shareholders literally demanding that MF alters how the Trial is being conducted, as if he has the ability to do so....HE DOESN'T!!!
At this point Buc is going to be a hit or miss, this we have no control over so if the waiting has become too taxing....feel free to sell and move on to greener pastures.
Quote: "H and please don't suggest the 24 bill was WMB stock since when WMI filed its BK that COMPANY stock had already been deemed WORTHLESS with the seizure
At least imho"
Really??? LOLOL...that's exactly what it was and documents stated such.
Post nothing but useless trash all day that's ALWAYS wrong!
Just like every prediction about AG was pure idiocy!
There is a demand for assurances that Escrows Billions exist and will be distributed.
These S-oil salesmen,....I mean ""experts"", are just filling a need and will continue doing so until this sham is finally exposed.
The chief of S-oil sales is now MIA......probably taking a victory lap to celebrate all the AAA+ DD provided.
Did you actually mention a "cup of coffee" in front members of AG's hit-squad, ie, BOB, LG, con etc?....dude are you nutzzz???
That's another 2 years of litigation, at least! LOL
Many people aren't necessarily anti-vaxxers, like myself their problem IMO is with these new Covid Vaccines specifically.
Been vaccinated in the past for employment purposes and never took issue.
The difference is that those vaccines have been around for ages, and are known to pose no/minor long-term negative side effects.
Although ?all? of us would like to see the pace of site additions increase dramatically we should also note that the whole process is likely a complex one.
Glad to see us heading in the right direction all the same.
Had to do with the loan amounts cited, nothing to do with the date.
First you claimed the $635B in loans were from WAMU but because it was shown that $200B+ was actually bought from BofA, all of a sudden it's now $400B+!?! LOLOLOL
Misleading posts and commentary....the CAPS don't make them right or sensible.
When the supposed Ownership Change date comes along in August and passes, Escrows will still be ZERO!!!
Basing this on 9 years of 100% failure.
.
Chile is administering the Chinese vaccine, Sinovac, which has a 3% protection rate after the 1st dose and ~50-56% after the 2nd dose...basically it's useless after only one dose and about average after two, supposedly!.
Perfect exemplification of the ""DD"" here
Da CONtinued nonsense from da HMMMMMMMMMMMMMMMMM guy....
I said when I first looked into NSM that something was really strange about it.2012 they (NSM) started with 10 bill$$$$$ in servicing funds, YET THEN ONLY 8-9 years later they held some 641 BILL in servicing assets!!!!!! Now if ya take the 10 bill away you have DAMNED NEAR what congress said we had in the way of LOANS when we were seized, 635 bill $$$ I said then this DIDN'T ADD up or everyone and their dog would be going into the servicing business if IF IF you could grow by 631 BILL in 8-9 years. Also if IF IF one remembers when DB finally let go of the 65 bill they had previous held of WAMU'S stuff, THAT COOP a short time later BOOKED HMMMMMMMMMM 65 bill in assets
The Facts......
In January 2013, Nationstar announced the acquisition of approximately $215 billion of servicing rights from Bank of America. Taking into account this transaction, Nationstar’s total servicing portfolio is $423 billion, consisting of 2.5 million customers. This transaction further solidifies Nationstar as a leading mortgage servicer in the market. We expect the pipeline of servicing opportunities to remain elevated as the secular shift in servicing assets continues. Our bulk acquisition pipeline at year-end was over $300 billion of UPB plus annual flow servicing from strategic partners targeted at $25–50 billion.
What a joke!!!
Quote: "CDC: Children's team sports likely cause for spread", said the most trusted name in """news""".......CNN.
SCIENCE deals with observable and repeatable facts...not likelihoods.
Also funny how FL and TX are virtually back to normal with relatively stable or falling cases while "certain" States, run by "certain" people, are still having issues.
Also curious is how FLU cases have seemingly disappeared like magic!
Stick to posting Wiki trash gomer............
BTW...you should email your "rationalization" quote to the CDC...seems that's what they utilized to come to their conclusion. We can't have that can we!?! LOL
As far as I am aware, KKR received (?chose?) a dividend based on their investment in COOP....this had absolutely nothing to do with any unproven legacy WMI assets.
Again, WMI Preferred, Wampq for sure, dividends were NON CUMULATIVE so any claim that they are owed divis back to 2008 is 100% false, as is most, if not all, of the Escrow claims posted here!
Next failure date.....August 2021
People just post random quotes they don't agree with/support off Wiki just for the sake of it....yea ok!
Keep digging................
Words have a meaning and that's exactly what your quote means. Now that it's been exposed as being asinine you're trying to deny it's exactly that.
As for your CTAP reference....go back and read my past references to therapeutics, they have always been that much less emphasis is being placed on them in preference to "suspect" vaccines....FACT!!!
This program has been in effect since April 2020 and has failed to provide much of anything, to the point that it seems the reins on this research is being held tightly IMO.
All one has to do is look at MSM coverage or updates from the FDA, little to nothing is reported on very promising Therapeutic options, which means the public remains unaware that this is a viable option.
But to your point, my claim that it was not being fast tracked was inaccurate/poorly worded....whoopie!
You keep stating that COOP paid KKR legacy P's dividends...where did you get this from???
As far as I'm aware Wampq, not sure about Wamkw and Reits, were NON CUMULATIVE, ie, there is no accumulation of missed dividends!
Even if COOP is somehow hiding legacy WMI assets it still does not explain why accumulated cash 100% controlled by Trusts/Trustees that are totally independent of COOP have not started making distributions.
The Bankruptcy has been closed since 2019, the last Creditor paid in mid 2020 and now the LT is dissolved.
All these excuses are being made to conceal the obvious falsities about Billions in assets being leftover and soon to be revealed/distributed to Escrow holders.
Hence there are so many reasons put forward for the delays, ie, the FDIC Receivership must close, COOP must consolidate and report "hidden" subs/Article VIII, the Cap Trust wish-wash etc etc....all done to buy more time, but destined to fail!
When the August, 2021 date arrives that will signal the start of yet another round of fresh tales........Rinse-Repeat-Recycle.
What concerns me most is the push by Governments around the world to implement policies that are meant to coerce/mandate that the population needs to be vaccinated whether they are in a "high risk" Covid mortality group or not!
Just read that the D-bags at Pfizer are now requesting permission to start vaccinating Teens, even though actual SCIENCE shows that they are the least prone to get sick, or transmit the disease.
It's become very clear that the reason Therapeutics are not being fast tracked is that any such success will impede their attempts to vaccinate everyone since the vast majority would choose a proven treatment over suspect vaccines.
The general theme is to appear to be reasonable but to always leave readers with the nagging sense that Buc won't be successful, hence RVV's current stasis.
This is absolutely ok... we can have that civil discussion and we've had them once or twice without issue.
Problem is that gomer seems to not get that I DO NOT let smug, smart azz comments slide!
Oh well.............
So according to you...in the absence of actual FACTS, anyone who uses rationale to propose a possible explanation for an event, or lack thereof, is avoiding the true explanation??? LOLOL
Stupidity, masquerading as "pseudo intelligence", is always amazing and funny to watch!
Keep up with the subtle bashing there gomer!
There is a lingering and pervasive fear that a market meltdown is imminent, so investors are holding tightly onto their profits from the 2020 rodeo (GME, HMBL, SNPL, SIGL etc etc).
In such a scenario, CASH RULES, so you really can't blame them!!!
The $$ are there and will flow into RVV only when there's rumors of, or public confirmation of a successful trial, whichever comes first.
As usual JMHO