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Monday, May 08, 2023 5:46:05 PM
~ As Stated', I Spent Last Week-End Searching For The "Evidence" of "Cash" Returns', Generated Outside of the WMI Holding Company's BK's ~
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"I'm working on a different issue this week-end' ... the "CASH" ... which would be distributed by the DTC', via the ESC Cusips ..."
... My question was', ... If' ? (and since) ... I was was able to "track" a conservative segment of the generated interest returns earmarked to be recovered by an original releasing WMI common share', and a current holder of the DTC's Issued ESC Cusip # 939ESC968 ?, by way of the WMI Capital Trust, The Indentured Trustee Filings, and the Plan 7' "Disclosure Statement" ... then ?, in my opinion ?, there should also be "trackable" evidence of the generation of the interest returns to come back to an original releasing WMI preferred' "P" and "K", from the WMI Holding Company's Separated, (and' overlooked by many', not overlooked by AZ) ... the "WMIH" Preferred Managing Subsidiary' ...
... AND', I FOUND IT' ... Yes I found documented evidence of the interest generated carry forward' held within the WMIH Preferred Managing Sub', ... moving forward, beyond 12/31/2017' ...
I am still reviewing, however the documents dictate', that there will be interest generated funding available', to be returned to all three WMI releasing ("Cusip") participation, giving the truthful reason for the issuing of ALL THREE of the DTC ESC Cusips issued, to be used as the tracking and counting mechanism' ...
So far, it appears that the interest generation' began to financially flourish, once the run-off notes were paid, and once the KKR 3% cash coupons were paid, all dated as of 12/31/2017' ... then as the process moved forward, ... the "piers" were paid off with WMI's Cash ...
GO COOP' ...
AZ
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