News Focus
News Focus
Followers 66
Posts 7076
Boards Moderated 0
Alias Born 03/25/2015

Re: newflow post# 731182

Friday, 07/19/2024 12:17:31 PM

Friday, July 19, 2024 12:17:31 PM

Post# of 749756
lode kb3 you read this and stop bs. Liquidating Trust Interests were issued to former equity holders in satisfaction of cancelled equity due to obligations related to assets. "Filed with IRS"
https://s1.q4cdn.com/275823140/files/doc_downloads/irw/IRS_forms_8937/Mr.-Cooper-Group-WMI-Liquidating-Trust-Disputed-Equity-Escrow-distributions.pdf

WMILT filed for closing bk cases in Dec 2019, but removed escrow positions in Jan 2022,why?.What happened in between?. Why WMI LT RA LT agreement was not public?

Why is Mr. Smith boasting his profile still he works for WMILT?
https://www.linkedin.com/in/charles-smith-b4179129?original_referer=https%3A%2F%2Fwww.google.com%2F

Stakeholders were issued beneficial interests in the WMI Liquidating Trust in exchange for their unpaid claims against or equity interests in the Debtors (“Liquidating Trust Interests” or “LTI’s”). The LTI’s are not transferable except by will, intestate succession, or operation of law. The WMI Liquidating Trust will be responsible for liquidating, converting to cash, and distributing the Liquidating Trust Assets to the Liquidating Trust Beneficiaries and will not take any action to encourage or promote a trading market in the LTIs.
https://www.sec.gov/Archives/edgar/data/933136/000090951812000138/mm03-2712_8ke991.htm
"Filed with SEC".

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today