United Western Bancorp Inc (fka UWBKQ)

[fredscott36]

The Depository Trust Company (DTC) typically processes distributions for corporate actions, such as liquidations, within one business day through its settlement cycles, with cash moved at approximately 4:15 p.m. EST. However, the overall liquidation process, including asset sales, paying creditors, and final payouts, often takes 6–12 months or longer, depending on the complexity.

Method of Liquidation: A Creditors' Voluntary Liquidation (CVL) can take 6–12 months, though the appointment of a liquidator can occur in as little as 2 weeks.

UWBI, to me is very, very simple.........as for as payouts..............there were stated to be 1,100 shareholders in the holding company......but only a handful of shareholders own at least 25mm shares........of the 29mm total, net, shares.........???............CLICK......CLICK..............???.....

The good part of this DTC clogging, is there appears to be a very, very large amount of money to DISTRIBUTE................???.............

no worries..................no hurries....................money will be sent out, someday.........................couple of months ain't a problem, and CLICK....CLICK......aimho.....