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Re: mordicai post# 549680

Wednesday, 12/05/2018 8:57:56 PM

Wednesday, December 05, 2018 8:57:56 PM

Post# of 736022
I don't recall ever reading anywhere that the stock of WMCT 2001 was to be transferred to WMIH, nor was WMB stock, which WMI abandoned. Can you cite a reference or link which corroborates the WMCT stock claim???



The statement was, All assets of the Debtors, WMI + WMIIC, including intercompany claims would go to the WMILT except

100% equity of WMIIC which went to WMIH

100% equity of WMMRC, also went to WMIH

The stock of WMB, which was abandoned by the Debtors. It never stated WMIH assumed WMB's stock that was abandoned to create the NOLS. That does not compute.

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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