InvestorsHub Logo
Followers 22
Posts 1014
Boards Moderated 0
Alias Born 10/01/2009

Re: ron_66271 post# 606757

Monday, 01/13/2020 3:48:50 PM

Monday, January 13, 2020 3:48:50 PM

Post# of 735066
Bumping Ron’ Math.

DEE Distribution Math.

~98,000 COOP shares in the DEE.

~1,215,000,000 shares held by Class 22.

98,000 / 1,215,000,000 = .00008066

Your UQ count * .00008066 = X

Minimum Number of UQs needed to receive One COOP share from the DEE;
1/.00008066 = 12,400 UQs

Remember, no fractional shares.



****************

Yes This RE/DCR is a Separate Envelope,

and NOT part of the LT's envelope for Creditors that the WMI-LT is always talking about in the QSR.

This RE/DCR is the 363 Sale and placed on the FEB MOR 2012 of $20.7 Billion.

The Funds were placed into High Yield Treasury Notes for safe keeping.


Hint;

WMI filed for BK and WMB is no longer on WMI's Books.

~$32B - ~$8B = ~$24B.

~$24B - ~$3.9B for Turn-Over that went to Creditors = $20.7B.

Now add in 8 years of High Yield Treasury Notes interest.

Because this RE/DCR shows on the WMI-LT FEB MOR accounting, this ?maybe? distributed at 75/25%.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News