~ Debating' With Just Another Disgruntled "piers" Owner, or a Non-Releasing WMI Reorganizations Participant', Is Simply A Waist Of "Everyone's" Time ~
... a "choice" to participate in the "piers" came with their originally "capped" limitations, to their ("carrot") promoted thoughts and failed pipe dreams of an original unlimited recovery had "6" been approved, ... it wasn't ... again "capped" by Judge Walrath in WMI's Approved' Plan of Reorganization to their recovery, ... no continued high yield Run-Off Note Interest returns once completely paid off with WMI's Holding Company CASH' in early 2019', (yep, paid off on the same day the coffee lady showed up) ... and the "piers" ESC Cusips were removed by the DTC' once completed' also in early 2019', ... that was the end of a "piers" ROI' or recovery ... no do overs' ... no plan disruption' ...
UW's with a preferred position, will share in the released distribution of the original WMI Preferred managing subsidiary, ... now, having become a WMIH managing subsidiary ... whatever has accumulated without the restriction of costs and expenses for years 2018, 2019, and 2020 ... which ? according to what has already been documented through 12/31/2017, would equal more of a return than any participation in any remains of class 18's left overs the WMI-LT would have or could have' returned' ...
so, with Plan 7's approval, the "piers" became limited, as well as a preferred participation limited to share in the remains of the now, WMIH preferred managing' subsidiary' ...
No Stone Has Been Left Unturned' (by the smart people') ... there are only cases of sloppy and poorly researched material', continued by the unqualified' ...
It Doesn't Matter' ... "it is what it is"
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