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Re: austin01 post# 663003

Monday, 07/12/2021 8:53:14 PM

Monday, July 12, 2021 8:53:14 PM

Post# of 730043
Austin01.....do you not understand the significance of what the judge did for old shareholders?....it is rare that stockholders survive in a chapter 11, simply because the equity is gone, and the bond holders an preferred become the new equity owners of the company... Nate Toma was the savior of the old shareholders when he caught the hedges in inside trading....Susman made some sort of deal with them, we got 75 million dollars in backing, stock in the new company, and IMO, thats was Fair and Reasonable... it did not include assets held off the books by Wmi... period...we will go forward in recovery as coop and Wmih goes forward in time as a viable company, using those trust assets to further the company fortunes....that s H money is not and was never ours legally in a chapter11 bk... IMO only... Lodas
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