~ Let Me Try Again Brother, In My Opinion, Had 6 Been Approved ?, The “Debentures” Would Have Quickly Been Remarketed, and their interest earned, immediately released to those that had been allowed to own the reorganized WMI … along with our exclusion of course … However, Judge Walrath Gave “US” the reorganized WMI, … and the “Debentures” have not been remarketed, and their interest generation has continued … considering a remarketing of the “Debentures” forcing their interests returns, had that occurred, would have also needed to be accountable … so, … here “WE” are with COOP as the symbol representation of the reorganized WMI, into WMIH … So, … “WE”, as owners of ESC Cusip # 939ESC968 are golden, … because IF ? The COOP BOD’s decides to remarket the Debentures ?, the interest accumulated, gets returned … or, IF ? The COOP BOD’s decides to use the Debentures as Debt Collateral ?, the interest accumulated gets returned … or IF ? nothing is done ?, the Debentures simply continue through to May 2041’, and dissipate at that time … Now, according to the amended document ?, there are a few constants … the first of course is the activation of the liquidation preference, … additionally, … if’ the company, obviously WMI’, ended up being able to reorganize’, there were “either or restrictions” as well … and in order for a reorganized WMI to achieve the management of the Debentures … a reorganized company needs to achieve a $50.00 pps at a minimum, there are no share outstanding requirements, so COOP at 75,000,000 shares is fine, … however the $50.00 pps is a documented requirement … ~
I hope that helped
AZ
News 
Market Data 
Discover 
