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Monday, April 11, 2016 4:24:43 PM
The WMI-LT PR' is factual ... it is only the misinterpretations that are incorrect' ...
At That' Current Point in Time, the only source for the return of common stock in the newco' was the Disputed Equity Escrow' ... as stated and the 1.4 million shares that were ultimately released' to marker holders last August 2015'
The rest of it is merely ... "if this and if that" ... etc' etc
until there are discussions regarding Tranche 5 receiving LTI's ? ... class 17 (a&b) and class 18 ? ... within proper sequence ? ... I hold firm within what the documents actually state to be'
AZ
"As stated above, the Escrow CUSIPs were established for any potential distributions of shares of WMIHC common stock. The only source of common stock available for any such a distribution would be from the 2.9 million of shares remaining on deposit in the Disputed Equity Escrow. Specifically, the Escrow CUSIPs do not, in and of themselves, entitle their holders to any possible future cash distributions from the Trust, WMIHC or the Federal Deposit Insurance Corporation (either in its corporate capacity or as the receiver for Washington Mutual Bank).
The Trust will issue Liquidating Trust Interests to WMI's former shareholders if the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to pay-in-full claims held by beneficiaries of the Trust who are senior to members of Classes 19 and 22, and if a shareholder satisfied all conditions applicable to receiving any such Liquidating Trust Interests."
http://www.prnewswire.com/news-releases/wmi-liquidating-trust-provides-information-on-escrow-cusips-300055333.html
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