~ How About This ? Maybe This Will Help' ~
Maybe this is just a bit easier' in an effort to help' the larger group' ... since I have actually taken the time over the last five plus years, to study and read the relevant ("dual tracking") legal process used', along with an associated Trust Prospectus' and its assignment to each releasing class' ...
Simplified, ... According to a WMI' (parent corp. now reorganized into, WMIH-Corp) ... again, a WMI' Original Issued Preferred Security Associated Prospectus ...
The WMI Preferred Security dividend payments will end on December 17th' 2017 ... and the last associated dividend period', will not be considered' for a return ... (making the last dividend distribution period to actually end in June of 2017') ...
the dividends are able to be held cumulative' ...
the dividend returns are calculated at a base security value of $1,000.00 PLUS all of the accumulative' dividend payments, originally calculated at 9.75% ... 2007'
making a released P' share currently valued @ $2,539.30 as of June 2017'
making a released K' share currently valued @ $63.48 as of June 2017'
ALSO' ... Within an originally issued WMI Preferred Security Prospectus' ... the relevance of Deutsche Banks' involvement within these Original WMI Issued Preferred Security Trusts, is described' ... Making the NEED' for the COMPLETION of the WMI II (the WMB Action) Litigation and the "Settlement" to be Necessary for their fulfillment ahead of the last dividend distribution period, which would be "June 17th' 2017" ... now ? thankfully completed' ...
... yes' that is correct on June the 16th, 2017 the Settlement was Completed and to be signed ASAP' by the California Court ...
a coincidence ... ? ... I don't think so, the Original Reveal of this issues was just over 10 years ago, prior to the OTS seizure'
AZ
