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Re: Royal Dude post# 489886

Sunday, 10/01/2017 10:38:19 AM

Sunday, October 01, 2017 10:38:19 AM

Post# of 730288
~ RD, Let Me Take A Stab @ It' ~

First ? Thank You Nosch and IPrelude, ... Yes, I agree, ... It was always the Europeans, the Original "120 ACCREDITED" WMB Bank Noteholders, ... that were integral in their own ? and, in our ultimate involvement in Plan 7's Approval ...

those same WMB Bank Noteholders, that actually - "STEERED" - the completion of the "Settlement", ... however, those that also DID NOT need to actually "SIGN" the "Settlement" ... (as the WMB Bonds, went to JPMC at the "Settlement" JPMC signed the "Settlement" on their behalf) ...

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The PIERS' ? ... are defined to ONLY what was originally allowed to be placed within the DCR' (Disputed Claims Reserve) ...

From The WMI-LT, as of 06/30/2017

"Claimants in Class 16, PIERS, received an LTI at around the Effective Date. These LTIs initially did not have basis for tax reporting purposes. As LTIs in the more senior classes of claims were satisfied by distributions from the Liquidating Trust Disputed Claims Reserve, basis in the Liquidating Trust shifted pursuant to the waterfall set forth in the Plan. As of June 30, 2017, PIERS claimants have basis in the Liquidating Trust."



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when it pertains to Tranche 5 Class 17 ? ... as well as, ... Class 19 & Class 22 ? ...

... NOTE: ... ~ NO' I WILL NEVER BE ISSUED AN LTI ~, (I will never be issued an actual "Interest" in the WMI-LT) ...

... The WMI-LT IS NOT where our relevant ROI (Return On Investment) will be generated from' ... The WMI-LT will only be used as a Pass-Through Mechanism, ... regarding recipients that ARE NOT' included within the DCR' ... Again, the participants within, Tranche 5 and Tranche 6' ....

I have been telling everyone this for years' ...

AZ
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