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Monday, June 28, 2021 9:55:54 AM
With WMI's Subsidiary Network, Court Ordered, To ALWAY's Be Kept Separated from the "Holding Company's" BK's, The WMI Subsidiary Network Continued to Function, While The WMI' "Holding Company" went through "Chapter 11 and ultimately "Reorganized" ...
Now, the original "Holding Company", has transitioned into the "WMIH" "Holding Company", All The Time' with the subsidiary network continuing to function' ...
So, In My Opinion ?, ... Interest Distributions that were put in a holding pattern while the actual "manager" or, the "Holding Company" fully completed its Chapter 11 legal process, Are now in a position to catch up the accumulated interest generated, and withheld the entire time from ... 09/26/2008 to 06/30/2021 ... again, from an original releasing owner ...
So, some very rough napkin match would be,
* a singular released "P" is yet owed roughly $67.50 per year for 12.75 years, or $860.625 without any additional interest assigned'
* a singular released "K" is yet owed roughly $1.00 per year for 12.75 years, or $12.75 without any additional interest assigned'
* a singular released "uq", common share is yet owed roughly $1.47 per year for 12.75 years, or $18.7425 without any additional interest assigned'
So, in my opinion, In order for the reorganized company, as KKR refers to the Company in its present tense, and supported by our Corporate Structure, ... "WMIH and WMIH and its Subsidiaries", ... In order for the newly reorganized "WMIH", trading as COOP', to be in a position to begin to once again, "Manage" the Company's Entire Asset Values', ... these accumulated interest earnings, held by the subsidiary network the entire time, need to be released back to an original releasing "Participant" in Judge Walraths POR, (and, specific to form, be it a 992', a 84', or a 968') by the utilization of the "individualized" DTC Issued ESC Cusips' ... issued for a properly submitted "Release to Participate"
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AND REMEMBER: I AM NOT Even ON The Same Planet Of Financial Considerations Offered Up By, "green", "wwhatr" or ANY OF THE ("a-ellen-g") ad-hoc Support Group, or ?', Much More Importantly, Any Of The Judge Walrath ("bashers"), Judge Walrath SAVED The WMI Equity Class Positions, ... period ...
Their Approach ? Is 100% NOT ACCURATE' ... a result of very, very, sloppy and very poorly researched' material ...
The Company, WMI always controlled and managed Its Subsidiary Network, in the same fashion as today, now reorganized, ... "WMIH" is the Parent Corp, which is controlling the present tense Subsidiary Network ...
WMI's Financial Products, were able to be purchased on the Secondary Market' ... currently ?, ... the same is true, "WMIH" can be purchased on the Secondary Market by way of "COOP" ...
One's DTC Issued ESC Cusips, Continue to maintain a record of the original WMI' "Participants", in Judge Walrath's Plan for WMI's Reorganization ... "it is what it is"
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Enjoy The Day
AZ
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