InvestorsHub Logo
Followers 176
Posts 6761
Boards Moderated 0
Alias Born 12/26/2012

Re: None

Saturday, 04/04/2015 5:32:14 PM

Saturday, April 04, 2015 5:32:14 PM

Post# of 730136
... WMIH, & The LT ~ Are Connected ...

I know some people continue to believe there is no connection between the new company, WMIH, ... created via the now Approved Plan of Reorganiztion and the Liquidating Trust ... which, was also an obvious creation of the now approved Plan ...

That is simply a misconception, ... fueled by misunderstanding ...

Two, immediate connections have always been since the very beginning, the fact that Mike W is in charge of both' ... The LT & WMIH

Another connection would be the recently mentioned, within the Press Release, or the ... The Depository Trust Company ... the ("DTC") ...

Our new companies plans to utilize the ("DTC") 's mechanism, was initially described in the Plan of Reorganization ... the recent Press Release was merely of a reminder of the Plans distribution mechanics, ... already put in place ... the distribution mechanics available betweent WMIH and the Liquidating Trust ... for the distribution of shares of the new company, WMIH

Remember, ... The Liquidating Trust represents the "Original Debtors Estate, Owners" ... i.e., the holders of the escrow tracking markers, received for your "Release" ...

Again, ... The Plan of Reorganization, set this distribution procedure in place, ... The press release was reminder number one, and the recently filed 10-Q ... was reminder number two' ...

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