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Saturday, April 22, 2023 3:49:39 PM
1) AMENDED POR 7 was signed by the court on 2/23/2012
2) WMILT BECAME PART OF THE PLAN on the (ED) Effective Date of March 19, 2012, designed to pay off ALL Creditors with some di minimus shares coming to Tranche Six which is Preferred Equity Interests and Common Equity Interests. This included an OWNERSHIP CHANGE which gave the former WaMu Estate to those investors who signed timely releases by 3/2012 in my view
3) The following is from Amended POR 7 signed by the court on 2/23/2012
set forth in the Confirmation Order, the members of the Trust Advisory Board hereby designate William C. Kosturos in connection with the applicable provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq.
4) NOW FORGET WMILT which was canceled on 12/31/2021
5) Remember, A DST CANNOT BE OPENED unless there are assets so what do you have left with the aforementioned facts...The answer is a DST that is funded with assets and to who do those assets belong. In my view those investors who signed timely releases
6) I have always said a DST will play a vital role in our eventual distributions and I think this post proves that but does NOT prove when or how much other than I will say a multitude of tens of billions.
...
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