Bk you can post "until you are blue in the face" about the real legal machinations of the bankruptcy and post-exit activities and requirements of the POR in terms of WMILT. It really is comical to read all the "that's not what happened and/or that's not how it is" posts, but the reality of what really happened seems to be finally taking root in most ihubbers FINALLY!
But, you can not change the minds of some, no matter how many times you put up the facts and SEC filings, you will not change the minds of those who can't "see the light through the trees."
When I posted in Aug 2010 about seeing the "light through the trees." I recognized it a sign the good lord was looking out for WMI shareholders and would send us a savior. In early Sept 2010 a Young man by the name of Nate Thoma noticed inconsistencies in the trading patrerns of the PIERS. And since 97% of them were owned by large holders AAOC, he set about on a quest (guided by the light) to expose the crooks. It's called destiny and if he is guided by the good lord, it will not be changed, it was a path and it saved the WMI shareholders.
F&R. Translation: "They have equity in the newco and LTI's in WMILT.
As my realtor told me one day "something is better than nothing." When I was forcing him to renogotiate his fee. He understood "something is better than nothing!" From $1 to $3 in 3 years!
So, don't waste too much time and breath on those whose minds you can not change. We have no control over our LTI's recovery. Some seem to think you post against WMILT because you do not own LTI interests, they can't seem to get their facts straight. It makes no difference to you because you don't own them.
No, you are pro WMIH, because WMIH is our F&R. It is what it is and we can't change it, unless evidence surfaces of criminal wrongdoing, but even if it does I do not believe the current admin's DOJ would pursue it.
The naysayers have this problem.
As Jack said "You can't handle the truth!"
Thanks for you contribution, if my PM's and the posts on this board are indicators, many pre-exit WMI holders are finally
"STARTING TO SEE THE LIGHT!"
Have a good one
Blue
GO DUCKS !!!!
