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Re: STRIKEEAGLE post# 724551

Friday, 03/15/2024 12:33:41 AM

Friday, March 15, 2024 12:33:41 AM

Post# of 731354
STRIKE.....its was not about the funds, it was the assets debtors/creditors wanted for themselves and they tried their best to put Equity out of the equation.Assets not belonged to reorg WMI were put into WMILT for the benefit of creditors and equity holders thru GSA.Thats why the court appointed Administrators(former executives) to administer the Trust and its wind-up.In the FAQ released by WMILT in Jan 22 they clearly mentioned that they won't give any updates further,why?.Usually insiders are appointed as Administrators because they know where the bones are buried and they have to update original books and records.Trusts like WMILT could take 5 years to 10 years IMO.But, IMO they already parceled everything to DE and looking to buy or merge with a Bank or Bank holding company.GAME IS NOT OVER YET.
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