Ron, here are some facts.
1) Technically former preferred & common prospectuses were still alive until the (ED) Effective Date of 3/19/2012 then canceled on the ED of 3/19/2012. An Ownership Change happened on 3/19/2012 altering the former WaMu Estate ownership to those who signed timely releases by March of the year 2012 nullifying all former preferred and common prospectuses
2) If you want to believe in the 4.6 par for former preferred, this goes against what Judge Walrath stated in court, "shouldn't I be concerned with someone getting more than they should", so your 4.6 par on preferred goes against what she stated which would not happen
3) If there were monies set aside for preferred then on August 01, 2012, some four-plus months after the ED, an 8K filing was filed discussing Preferred Equity Interests and Common Equity interests would have never been filed to address the message board and other concerns regarding the 75/25. Further, if you want to claim this was done this way to ensure all received monies if not enough then the 8K would have reflected this stating something like once preferred reach Face Value ALL remaining monies go to class 22 however no language exists
4) Judge Walrath was concerned with investors getting more than they should so there is no way the Judge would have allowed the former preferred to get more than Face Value which was $1,000.00 per WAMPQ
5) August 01, 2012, 8K would have never been needed however since it was filed if class 22 was supposed to get the remaining estate/monies, the 8K filing would NOT have been written to show Preferred Equity Interests get 75% and Common Equity Interests get 25%
6) Ron, this case is simple, whatever remains will be returned 75/25 but at any rate, there should be huge amounts distributed at some point so no point in discussing details that we will never get correct in their entirety UNLESS you are AZC who claims he was already paid...now this is really funny
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