InvestorsHub Logo
Followers 72
Posts 2550
Boards Moderated 0
Alias Born 08/29/2017

Re: ron_66271 post# 675447

Tuesday, 05/31/2022 10:42:57 PM

Tuesday, May 31, 2022 10:42:57 PM

Post# of 726477
Plan 6 Liquidating Trust did happen. I have presented the documents. Because during Plan 6 AAOC was the impaired class no Court approval was required for the Plan 6 LT. Then the Equity Committee took control and we move on to Plan 7.
The assets/money protected in Plan 6 LT belongs to Class 22.
Plan 7 LT was only about the Creditors.

Proof;
WMI Non-Debtor Subs!

Yes one of these days we are going to wake up to Money. We have no evidence that someone ran off with our money/assets.
Yes I understand that Plan 6 LT is difficult to understand, but that is what AAOC did. AAOC placed the assets in a Trust in Plan 6. EC took control over the assets/money in that Trust.

COOP has only satisfied Ps to ~$72 per share. COOP needs to go to $606.06 to see face. The Court would’ve never approved of the Plan to give Class 22 the Estate that couldn’t prove Class 22 couldn’t satisfy Class 19 claim.
Class 19s claim has not been satisfied!
Hence; Retained Earnings.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News