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Sunday, May 26, 2019 5:19:40 PM
I too have been speaking of (DSTs) Delaware Statutory Trusts and how so much was transferred into these by opening a Delaware 1031 Exchange, dissolving Calif 1031 Exchange on 12/8/2017, dissolving WMIIC on 1/18/2018 then Long Beach, WaMu Capital Corp, WMMSC, WMAAC and one other WMB subsidiary merged with JPMC on 12/8/2017 as well.
I have often said the road to riches in this WaMu case is that “All Roads Lead to DSTs” and by tying this together the way you have proves several actions in my view and they follow.
1) Actions were taken end of year 2017 and beginning of New Year 2018 for tax attribute reasons
2) I believe JPMC paid for the aforementioned and billions placed in DSTs which would be in the court sealed documents we will never see
3) Monies the business has made from running the business since 2008 has been placed into the DSTs as well as our beneficial ownership rights by signing timely releases by 3/2012
4) The last link in chain-of-title to prove ownership are our Markers which show the DST Trustee with GOD-like powers is W. Kosturos which has ultimate authority over the processes and controls of the DSTs
5) I believe this also puts to rest anybody thinking COOP gets assets without paying for them as all of the former assets/cash are owned by Marker Holders which are controlled by the Delaware Statutory Trust
6) I do not believe we will see any LARGE STYLE monies until the Bk case is closed and then some several months thereafter which in my view puts our timeline to see monies between March and October 2020
Recent COOP News
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