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AZCowboy

10/21/19 4:04 PM

#592471 RE: goodietime #592463

~ There Isn’t A “Prospectus” For A WMI Preferred ~

... There never was’ ... the WMI Preferred Offerings, Were Interest Earning Bonds ... only their interest dividend offering returns, needed to be managed ... by WMI’ ...

... the “Exchange Event” occurred, ... converting everything necessary to a ... WMI Preferred ...

... the WM Cap Trust immediately entered into its “Liquidation Preference” ...

Common Share Purchases of a Corporate Structure, ... do not come with a “Prospectus” ... either’ ... WMI was no different ...

all of these functions were legally disclosed and legally activated ...

... These are the basics of a bank or a bank holding companies financial corporate structure ...

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