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Re: Stockssss post# 543799

Wednesday, 10/24/2018 12:19:00 PM

Wednesday, October 24, 2018 12:19:00 PM

Post# of 735066
As you said ALL remaining assets are owned by the WMI estate, ie the Equity Interests we were issued after old WMI stock and their documents were cancelled/voided. This was done because the old rights of Preferred would not have allowed Commons to receive a distribution before their $7.5B debt was paid in full. Within the bankruptcy estate there simply was not enough left to settle this debt and that's why they were cancelled. This constant attempt by some to rewrite history using misleading theories based on zero facts is truly pathetic.

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, ALL Common Equity Interests shall be deemed extinguished and the certificates and ALL other documents shall be deemed cancelled.

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