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BBANBOB

01/05/20 12:01 PM

#605465 RE: dragoon76 #605462

I agree 100%!!!!!!!!!!

I will speak for LG as well as myself along those lines.

We both for several years SUSPECTED the 75/25% could be for the BK ONLY PERIOD and that AZ may very well be correct!!!!!!!!!!!!!!!!!!!

But after the company came out in 2012 and STATED in an 8k that BOTH were now considered equity and they would be paid IF IF IF there was anything left @ 75/25% it made no sense to us anymore.
Especially when one considers that the DIPS were buying preferds hand over fist and were caught doing it illegally and PUNISHED, APR was to mean preferds GOT IT ALL!!!!!!!!!! But that changed, now why would a JUDGE put into force a rule that would just be on again off again????????

The CONDITIONS and agreements SET FOR in the GSA and the POR are not just here today gone tomorrow type things imho, they are governing forces about how this will pay out and take place IN and OUT OF BK

OR at least they are in our views and IMHO as well as his
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AZCowboy

01/05/20 3:00 PM

#605488 RE: dragoon76 #605462

~ Dragoon, Correct', The WMI-LT Originally Had Me "Fooled" For Awhile As Well' ~

... But Only' Until ?, my Filing and Document study's and research obviously continued on, and lead to a number of different conclusion' ...

... Yes, 2016' WAS A VERY LONG TIME AGO, and Yes, Much Has happened' ... However, NOW ?, It's Currently Over For The WMI-LT ... (Thankfully)

Docket # 12708 Filed 01/03/2019
For Period through 10/01/2019 to 12/20/2019
http://www.kccllc.net/wamu/document/0812229200103000000000001

Here Is An Important Distinction that I have been posting about in an effort to help everyone' now that the Bankruptcy Cases Are Closed' ... Reorganized WMI', "WMIH" maintains its position as the present tense Parent Corp., ... merely name changed to *Mr Cooper, trading as symbol "COOP" ... remember' ... WMI was a Holding Company ... that's an important distinction' ...

... Has Everyone Taken The Time To Understand Just What They Purchased in an effort to truly ... ~ Know What They Owned ~ ... ? ... Whether it be a purchase of a WMB Corporate Bond, or a WMI Preferred Offering, or a WMI Common Share ... ? ... It was important to me, ... to KNOW' ... and yes, more often times than not, continued study and research leads to different conclusions' ...

Consider This Direct Text From WMI Itself, the Original Parent Corp.,;

"Washington Mutual believes that it never has been, is not currently and is not likely in the future to become a United States real property holding corporation. Even if Washington Mutual is or becomes a United States real property holding corporation, so long as the Washington Mutual common stock continues to be regularly traded on an established securities market,"

... WMI was a Holding Company, ... WMI's Common Stock, symbol WM, Openly Traded Until 09/26/2008, ... WMI WAS NOT EVER A REAL PROPERTY HOLDING COMPANY ... and ONLY WMIIC / WMI Filed for BK and Reorganized' ...

AZ