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Re: PickStocks post# 741613

Monday, 04/14/2025 11:36:54 PM

Monday, April 14, 2025 11:36:54 PM

Post# of 749756
Pick, you are correct. Let me add. WMI owns all of the canceled shares and a Creditor to the ongoing claims against JPMorgan, and we(Shareholders) are Creditors and Beneficiaries of the Estate just the same. “Riding the Coattails,”as Honorable Judge Mary Walrath phrased.
Holders of Canceled Escrow Shares in Bankruptcy are Beneficiaries of the Estate.
( Once upon time the information was on the Investopedia site, but I opened my mouth on this board an after 7/26/2021 it was removed.) I know what I read and where. I visited the site and reread it several times until I opened my mouth here and only here. Then It was gone.
Just my opinion. It’s not over until the FDIC says, “This Receivership(NV and WA) is Terminated.”
Then and only then is when I will put it to bed. Final Cash Distribution is different from, Final Dividend Distribution.
Using the Projected 2008 Scheme 12 IRS blah blah blah there is not enough, but using 2025 Numbers and Valuation the Accounting will be much different.
They are not Blatantly lying, but still are Omitting the Truth.

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