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goodietime

07/07/18 7:54 PM

#525359 RE: ron_66271 #525349

"All other Trusts investments of WMIIC belong to old UQ's. The True Owners of WMI/WMIIC."

Just curious, WHY Susman and Team DID NOT explain this at the time releases were sought?

hotmeat

07/07/18 10:40 PM

#525371 RE: ron_66271 #525349

Say what again?....Old commons and all their documents were cancelled while the TPS and the supporting assets went to JPM, whereas the former investors rights were converted to WMI Preferred stock, as per the "Exchange Event",...the documents clearly states such. They are called FACTS!!!



23.2 Cancellation of REIT Series: Notwithstanding the provisions of Section 23.1 hereof, on the Effective Date, all REIT Series shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect. For the avoidance of doubt, this Section 23.2 shall have no effect on, and shall not result in the extinguishment or cancellation of, the Trust Preferred Securities and, in accordance with the Global Settlement Agreement, JPMC or its designee is the sole legal, equitable and beneficial owner of the Trust Preferred Securities for all purposes.


25.2 Cancellation of Common Equity Interests: Notwithstanding the provisions of Section 25.1 hereof, on the Effective Date, all Common Equity Interests shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect.

Olti100

07/08/18 5:44 PM

#525490 RE: ron_66271 #525349

TPS-P-K are aligned with the TPS Securities. The Cayman's.


Thats 100% false statement.Every Prefereds Serial Class have an Diferent Issuance Conditions and Perpetual Profit and SEC Filling and therefor is based in diferent Trust except the TPS which have never had an TRust becouse of its time but non the Less were subdued to the Cayman Class of assets.The other One the P and K also have diferent TRustees and Set of Triger Conditions.Now keep mengling things and you will get naked when the Bullies come in the room.

All other Trusts investments of WMIIC belong to old UQ's. The True Owners of WMI/WMIIC.



As I said early you can wish whatever you want but I dare you to publish the P Shares SEC Filling and will give you the Place where the P Clase had the Provision of being switched into common in case the BK Was declared ort the Divies werent paid for the three Consecutive quarters.Now start another time with your dream fairytales without a single evidence from the Oficial Fillings;


Thanks for the reply.