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Re: PickStocks post# 453963

Monday, 06/20/2016 10:49:06 AM

Monday, June 20, 2016 10:49:06 AM

Post# of 729880
PickStocks,

Escrow cupids will not receive cash:

http://www.prnewswire.com/news-releases/wmi-liquidating-trust-provides-information-on-escrow-cusips-300055333.html

"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)."

Not from my opinion, it was from the PR by WMILT: LTI holder will receive cash if any left.
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