Monday, July 05, 2010 2:39:34 PM
1. To be appointed to the BOD, they would have to present data about the numbers of shares they own and also trading date data. The date of purchase of shares would show that JPM has violated the CANON LAWS in CIVIL and CRIMINAL Litigation.
2. If JPM has the shares like some are speculating, then they would have to remain below the court specified 4.5% of the outstanding shares or they would be found in contempt of court orders.
3. The BOD would constitute of several people representing common shareholders interests. For example, EC controls about 19% of common shares as per Venable's filing. EC also control 500,000 shares of WAMPQ and a ton of WAMKQ. That alone would give us at least 3-4 seats on the board. 2 from WAMUQ and 2 from WAMPQ.
4. A new board would have access to all the data of assets taken and remaining thereby allowing for proper valuation analysis.
5. The Tax Refunds would immediately be settled because we would have access to the tax sharing agreement paperwork.
6. The TITLES to all WMI assets would have to be accounted for. If JPM sold anything that belongs to WMI, they would have to return the assets.
As far as I'm concern, the examiner is all good but getting a new BOD is the whole enchilada. If we get both then, IMO settlement is a done deal.
LETS GET SOME VALUATION ANALYSIS PROPERLY DONE.
For Ye shall know the truth, and the truth shall set you free
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