hotmeat
Thank you for reading my Post.
The “Separateness”, # 660985
And the Separateness, Continued, # 660986
But from reading your Post…
You absolutely misinterpreted my post…
The contra-CUSIP positions (Escrow Cusips) … is not associated with any cash distribution…
There were two Positions set up…
A contra-CUSIP positions and the escrow positions
The escrow position is for receiving cash.
And is based on liquidation preference amount of our original shares.
(Which includes all shares released or not)
The contra-CUSIP positions is for receiving your portion of the 5 million disputed shares. (for those that released)
The Escrow Cusips numbers is used in your contra-CUSIP positions to identify the 5 million disputed shares.
So, if you have Escrow Cusips, then you have a contra-CUSIP positions.
The Escrow Cusips and contra-CUSIP positions is just temporary until the last 5 million disputed shares are handed out… then its canceled.
So, your Escrow Cusips / contra-CUSIP positions, is for shares only,
Some believe the Escrow Cusips will be used to receive cash…
Which they believe will be distributed to the 3 Escrow Cusips numbers…
CUSIP# 939ESC992, CUSIP# 9393ESC84 and CUSIP# 939ESC968.
But these 3 CUSIP numbers are set up to distribute or to receive the last 5 million disputed shares.
The contra-CUSIP positions / Escrow Cusips… is not associated with any cash distribution…
So, there’s no cash distribution associated with the contra-CUSIP positions / Escrow Cusips.
Your original shares, which is your escrow position is for receiving cash.
WMI FREQUENTLY ASKED QUESTIONS (“FAQS”) … #20.
Quote…
… It should be noted that
the Escrow CUSIPs are relevant solely to distributions of common stock from the DEE
and have no relevance in connection with cash distributions by the Trust.
End quote.
so,
If you believe,
we will be getting paid cash for the 3 Escrow CUSIP numbers,
CUSIP# 939ESC992, CUSIP# 9393ESC84 and CUSIP# 939ESC968…
Which are the markers.
Then you are confusing our contra-CUSIP positions with our escrow positions…
They are separate.
Thank you for reading my Post.
All IMHO
GLTU
wwhatthe