hotmeat, you said the following- 2) Some claim COOP could purchase WMI assets...Possible since that's what they do but it will be with cash, nor shares, ie NO S4V!!!
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1) WMILT is nothing more than a Trustee for the investors who signed timely releases by 3/2012, who then received Escrow ShareMarkers in their respective accounts and is set-up as a pass-through entity
2) WMILT owns the assets and WMIH/COOP own the Equity Interests
i]WMI Liquidating Trust, as successor in interest to Washington Mutual, Inc. and WMI Investment Corp., formerly debtors and debtors in possession
3) WMILT liquidates so when WMILT is officially notified that are the owners of BENEFICIAL Assets, then they will reach out to now COOP and others for them to make a deal on
4) When a deal is struck (assuming COOP or another public traded entity), then that entity will most likely use their currency which is generally common/preferred stock to purchase, then those shares will pass-through to the marker-holders (thus WMILT performing a liquidation) to those investors who have markers in their accounts
5) WMILT cannot continue to run a business but as long as they are liquidating as stated above there is no foul and I am not sure why this is so hard to understand
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