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Re: PickStocks post# 429244

Friday, 07/17/2015 4:02:44 PM

Friday, July 17, 2015 4:02:44 PM

Post# of 749756
PickStock

why do you say 3 years ago

see the first set of financials the trustee of the WMI LT put out

ask anyone who owned PIERS

we got a letter saying they know we owned piers but we did not yet have an LT interest

after a while we got an interest and a number in our quarterly like letters

after another while we got a 1099 out of the blue with some percentage of our "interest" (LTI) as income that year - not receiving a dime in cash

a call to the accountants and the trust etc. and as many if not all PIERS holders will tell you ----- the 1099 was the sign that the TRUST believed it had the ability -- in the future --- to pay PIERS LTI holders money ---- but even then - two years or so after ..... the math did not cover 100%

since then more denied claims that free up cash based claim reserves - a D/O settlement and some state tax refunds and its IMO 100% that we will get paid - and IMO some will remain for equity

re proof you asked of LEX - we should all agree the LT is the place where money will flow from --- read their financials

If the POR is not enough - then read the LT financials

wmi trust dot com

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