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Re: SamuraiProgrammer post# 677946

Friday, 02/11/2022 4:59:33 PM

Friday, February 11, 2022 4:59:33 PM

Post# of 728276
I'm at ease as well. DTC maintains our positions, as the now dead WMILT used to. These broker tracking marker removals are related ONLY to the distribution of "certain" LT distributions, now complete with the passing of the WMILT

Think about this... legacy income assets are withheld safe from BK by 3rd party trustees. These trustees have zero legal or reportable obligations to the WMILT and its tracking markers, and zero obligations to pass thru assets through the WMILT via our brokerages.

These trustees pass thru directly to us via DTC and/or Compushare.

This whole cancellation event today was predictable and I'm only surprised that we are here already, so we must be getting close.. Especially now that COOP is nearing the $50 trigger - which by liquidation preference in BK will end, and the trustees overseeing our once 'on-ice' BK legacy assets, will be TELLing us it's time to celebrate.

WE are close
Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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