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PickStocks

10/17/20 12:19 PM

#636344 RE: AZCowboy #636343

We have heard this kind of information for the last 12 years...what it comes down to is:

The bk is closed 12/2019 done
LTI no longer in the picture done.
There should no longer any road blocks to block the start of cash distributions and than the trusts distributions.

However, now we have “Lead Arrangers” who are controlling the assets. What does this boil down to:
DELAY and more DELAYS.

I am sure everyone knows what own and do understand Por 6 to participate in Por 7.

It comes down to where is the cash.

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Royal Dude

10/17/20 12:24 PM

#636345 RE: AZCowboy #636343

AZ Just one question To be included on equal footing with u's were each P' placed at 19:1 in order to transfer appropriate value.

"... Judge Walrath simply capped the WMI Holding Companies last creditor, the 16’s, and then placed “Everyone” on the exact very same level field of Participation ... all one needed to do ? ... ? ... was actually have ?, or gain' ownership of the equity classes’ and then submit a release form ... in order to “Participate” ..."
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Tradeinman

10/17/20 12:45 PM

#636348 RE: AZCowboy #636343

.. "there's been tooooooooo much total and complete unstudied and unsupported "hogwash" posted regarding the ... pipe dreams, ... the 75/25 ratio of everything, ... the crazy numbers, ... the wrongful considerations of the equity classes owning what the actual company itself owned first' and still does ("WMIH and its Subsidiary's") ... the irrelevant WMI-LT regarding Us' ?”

So if we’re still good, and there are distributions coming, and knowing what I own, without having a pipe dream,.....
....what do you think the value of the distributions coming to each product we could’ve owned, U’s K’s, P’s, is?

And if we were considering the assets that actually the company itself owned first and still does, what would be left to pay Equity, U’s, K’s, P’s?
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distrojunky

10/17/20 12:49 PM

#636351 RE: AZCowboy #636343

Greetings AZ,

"~ So, A Bit Of "COOP" (WMIH) Considerations Ahead Of The Upcoming Reports ~"

Are we talking like 12/20 or so when Capital Trust normally pays Y/E dividend or are you thinking considerations sooner?

TIA, Distro.
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distrojunky

10/17/20 12:53 PM

#636353 RE: AZCowboy #636343

AZ,

One more question came to mind, are you thinking of dividends, in addition to claim interest?


Direct From the WMI Filing For Chapter 11'; (the original claimants')

d. Number of Shares of preferred stock 3,000,500 outstanding

e. Number of shares of common stock 1,704,964,280

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hotmeat

10/18/20 6:16 AM

#636389 RE: AZCowboy #636343

Quote: "there's been tooooooooo much total and complete unstudied and unsupported "hogwash" posted regarding the ... pipe dreams,"


Perfect description for all the theories about massive Escrow recoveries for Prefs and Commons posted daily. Total nonsense..............



Prediction.........


I predict that this Cap Trust theory is just as accurate as the one that claimed WMIH Corp was the PARENT of Mr Cooper Group Inc.

We all now know that claim was 100% inaccurate, as recently affirmed in an email from GMEI Utility.