InvestorsHub Logo
Followers 17
Posts 385
Boards Moderated 0
Alias Born 05/22/2009

Re: Olti post# 401661

Wednesday, 07/16/2014 12:56:40 PM

Wednesday, July 16, 2014 12:56:40 PM

Post# of 734532
Those were used to pay the credits at the time the POR was accepted to prevent huge amounts of interest from continuing to accrue.

If there was reality to those numbers they would be listed in the WMILT monthly statements as an asset.

The only things you can expect to still come from the WMILT are all disclosed on their monthly statements.

Cash will come from: disallowed claims, collected Tax refunds and possibly from 3rd party D&O insurance claims. And that's it. We had hoped for a little more from the 3rd party claims but that was a big zero. They have already released most of the reserve to pay for legal to pursue those claims because they have determined there was not a net gain from pursuing them.

This post is my own opinion, and should not be relied on for your investment decisions.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News