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AZCowboy

02/08/22 11:19 AM

#677463 RE: AZCowboy #677453

~ And Added, … A SECOND Contentious Issue, Has Been Over “OWNERSHIP” Possibilities, ~ Know What You Own ~

… It has always been the actual company, … Originally WMI, Reorganized into WMIH, now trading as symbol “COOP”, that chose to participate in ABS Certs, Issue Debt Offerings, and pay interest returns knits financial products offered …

… These WMI Financial products, were then offered on the secondary market through a broker or a bank …

which after the reorganization lead to … Watch The NewCo (COOP), It Is The “Tell” ~

It’s all coming to a head now, with earnings on the 11th, and the 10-K soon after …

just sayin’

AZ

Boris the Spider

02/08/22 12:21 PM

#677478 RE: AZCowboy #677453

The 75 25 controversary. BP and bop are pro 75.

They all think over there that it will be 75 25 to the end or the Ps (who held all the cards) wouldve never allowed commons into the equation. Never.

Now having said that, I believe both arguments may be right. The Ps will get 75 for some parts like the DCR, while other money will go to the commons, with Ps being converted into commons. That's something everyone can live with I think.

So if Ps get 2.5x and commons get around 4.80 everyone will do well. Then the commons get the lion's share after that initial salvo. Of course those who hold mostly commons will argue they get it all! LOL

Now, I believe there would have to be a small disbursement first to check the accounts and systems before the big money comes, if it does. Maybe it will all start with an interest payment. Many of the 8500 retailers are likely dead and gone now so many of those accounts are not valid.

Time will tell how this all plays out. We live in a very corrupt world so I certainly wouldnt take out a car loan or mortgage quite yet!

serafino1

02/08/22 1:37 PM

#677484 RE: AZCowboy #677453

Folks, I have little time to peek at the monitor ,
I just read the name (Aliasname) and save a lot of time reading.
I notice that the nervousness has increased a bit, but maybe this is also legitimate...,
For me, nervousness could be lethal, both for the team and for me. I start to get nervous when the waves are over 15 metres high, but at the same time I have to show absolute calm.
INTEGRITY is a very heavy word, a very heavy adjective, and nowadays being integral also means having many enemies in the free world.
On a vessel one is like on a floating island, one for all and all for one. Without integrity we would all be at the bottom of the deep ocean. I have said enough.
In this forum, there are people who study the documents well and I personally am very grateful to these people for letting us participate in theirs.
I say THANK YOU VERY MUCH, without you I would never be able to learn how to proceed, I lack the time, that's why I have just registered on IHUB, but I always read here from time to time.
I repeat thanks to the very hardworking people who spend their free time in the research of the ESCROWS , LA, BOB,RD, Samurai, also AZC, who informs us in his style, to understand it is not enough just to read, he demands that we readers can understand it, I finally succeed, with AZC is like in the high seas even B t. Sp,and New F.
Maybe one day if all goes well, we will meet and all raise a full glass with Chivas Royal Salute Blended Scotch Whisky 21 Year Old .
Hopefully after 14 years the tunnel will light up.
Cheers