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Tuesday, April 07, 2015 6:27:24 PM
-------3.5 BILLION NEW SHARES-----
are for something LARGE.
If one takes into consideration, the Plan of Reorganization's references to the ("DTC"), and then apply, the two recent reminders of the procedures, as we are quickly moving forward ...
1st; being the recent, Press Release
2nd; being the Liquidating Trusts 10-Q
(Obviously, as we were all recently reminded, WMIH's ("DTC") account is alive, active and still in a position to function')
And then, apply a consideration of Note 8' as disclosed
NOTE 8: Disputed Equity Escrow
"A dismissal of disputed equity interests will result in a distribution of, common shares on the effective date. The shares and any cash distributed on behalf of the shares are held in a separate escrow account that is not recorded as an asset of the Trust. The Liquidating Trustee is the escrow agent for the Disputed Equity Escrow."
The ("DTC") is the operational mechanism already put in place long ago by the Plan of Reorganization and referred to each quarter by the Liquidating Trust within their quarterly reports.
Again, I believe we will soon experience a "stock for value" event between WMIH and the WMI Liquidating Trust' ~ The Original and Intact WMI Original Debtors Estate'
(WM = WMI = Original Debtors Estate = The WMI Liquidating Trust = WMIH's Target)
AZ
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