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Johnnyiwantsome

03/21/19 7:58 PM

#565213 RE: LuckyPanda #565210

Lucky,
I believe water flows in two ways one directly to escrow markers long ago decided and two, through our reorganized shares which we were giving in the reorganized debtor. It is my belief we will see the majority directly for a multitude of reasons...and yes one of them being very small media impact.

Luck Regards,
B
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PickStocks

03/21/19 8:06 PM

#565219 RE: LuckyPanda #565210

We are all hoping so.!!!!
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AZCowboy

03/21/19 8:32 PM

#565227 RE: LuckyPanda #565210

~ LP, YEPPERS' The WMI-LT Truly Only Controls What It Has Reported ~

Everything financially relevant is and always has been, ... Class Specific ...

WMI', now COOP, was the Original Accredited Investor ... We' purchased our own participating products on the secondary market' ... and we were given an opportunity to ~ Understand Plan 6 and "Participate" In Plan 7 ~

If I Am Allowed An Opinion ? ... on 02/25/2019 WMI's last Plan allowed senior creditor class (Tranche 4) was completed' ... the following day, 02/26/2019' would have been the beginning of a new ABS-Cert distribution cycle' ... now the Trusts are ready to distribute once again, on Monday' 03/25/2019 ... Let's see if COOP gets included this time' around' ...

ABS-Cert Performing Trusts', distribute like clockwork every 25th day of the month' ...

and no one should forget about our own foreign based, private equity, CMBS, ... Capital Trusts' (I've found 6) ... beginning with the DS and Plan referred to, "Washington Mutual Capital Trust 2001" ...

"Wow! This makes sense. This will also allow them to distribute the large sums under the radar, without any announcement.

And the LT can avoid legal liability by saying "see, we never distributed more than what we disclosed in 2012!"...perfect quiet ending

Now, do you think we might see something by end of the month? since as you say, the 25th is the nominal distribution date for accredited investors...


AZ