"18.
The Debtors have determined that the WMB Stock is of no value to the Debtors' estates. The Debtors submit that the WMB Stock is illiquid and that WMB's liabilities significantly exceed the assets remaining in the Receivership. The Debtors also have considered the strengths and weakness of the pending WMB Stock Claims and the likelihood of prevailing thereon. Due to the complexity of the WMB Stock Claims, and the related litigation, the litigation risks associated with pursuing such claims, and the insolvency of the Receivership, the Debtors have concluded that the WMB Stock Claims have no realizable value." (Quote from Docket)
I am assuming they are referring to Wamuq?
And if I am reading the rest of the Docket correctly they want to Pay Wahuq by selling all the assets?
Where does that leave us Wampq?
Does any stock have a greater chance of being turned into JPM stock?
Where the heck do we stand now?
