InvestorsHub Logo

clawmann

02/15/18 8:20 PM

#509233 RE: user7770 #509230

user7770, I agree with that.

hotmeat

02/15/18 9:12 PM

#509246 RE: user7770 #509230

From what I've read WMI held the legal title to these revenue streams from all it's direct and indirect subs.

All the cash generated was funneled back to WMI whom would then redistribute, as needed, to it's subs.

The bankruptcy did not change this dynamic where now the WMILT, as successor in interest to WMI (see POR), is now the legal recipient of these rights.