~ Guys You Are Welcome' and Thanks ~
As the now' reorganized "debtor" and "debtor in possession" ... (BOTH' - WMIIC & WMI) ...
WMIH-Corp, has either continuously utilized ambiguous language ? or, has not openly addressed the actual contents of Washington Mutual, Inc.(s) percentage of ABS-Cert, monthly cash' income producing participation, held and originally secured within the FIRST Bankruptcy Filed, ... WMI Investment Corp. ... (Filing # 0001')
Whether, WMIH-Corp acknowledges its TWO predecessor's publically and completely forthright or not, ... it' doesn't matter' or change a thing' ...
The "Facts" are still the "Facts" ... WMIH - ACTUALLY -, emerged from bankruptcy proceedings as the successor to WMI Investment Corp. - AND' - Washington Mutual, Inc. ... however, ... they' (WMIH-Corp) continue to forget to mention (?)
Here, The following is - Direct from the WMIH-Corp web site' -
"WMIH emerged from bankruptcy proceedings as the successor to Washington Mutual, Inc"
however, ... and, more importantly, ... was the initial design set for a reorganized company' ...
WMIH-Corp., ... owns the "equity interest" in WMI Investment Corp. and as I have posted, ... will need to couple its own owned "equity interest" ... with the original percentage of Cert' "base value" ... as WMIH-Corp will ... "begin to dissolve WMIIC" (IS - Eliminated upon Consolidation) ...
WMIH-Corp, currently only has the availability of shares within itself as any semblance of value' ... SO" ... A "Value for Stock" event should be on the horizon' ... while a simultaneous release of the accumulated cash' held on releasing members behalf since the original seizure' ...
The following is ... Direct from the First Day Filings'
CORPORATE OWNERSHIP STATEMENT
AND LIST OF EQUITY SECURITY HOLDERS
Pursuant to Rules 1007(a)(1), 1007(a)(3), and 7007.1 of the Federal Rules of Bankruptcy Procedure the undersigned authorized officer of WMI Investment Corp. in the above-captioned case, certifies that Washington Mutual, Inc. owns 100% of the equity interests in WMI Investment Corp.
Dated: September 26, 2008
By: Stewart M. Landefeld
Title: Executive Vice President
AZ
