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newflow

05/12/24 6:25 PM

#727724 RE: newflow #727721

IMO THEY RECORDED RELEASING EQUITY OWNERSHIP IN A BOOK ENTRY FORM.
AI - The statement "A holder of a Liquidating Trust Interest recorded in this book-entry system will be deemed the legal holder of record of that interest for purposes of all applicable U.S. federal and state laws" means:
For U.S. federal and state legal purposes, whoever is listed as the owner of a Liquidating Trust Interest in the electronic book-entry recordkeeping system maintained by the Liquidating Trust will be considered the official legal holder of that interest.


In other words, the book-entry records are the definitive source for determining the legal holders of the beneficial interests in the Liquidating Trust. The person or entity recorded in that system as holding a particular Liquidating Trust Interest will be treated as the owner of record for that interest under all relevant U.S. federal and state laws governing such matters

Page 7 "EVIDENCED BY BOOK ENTRY"
https://www.sec.gov/Archives/edgar/data/933136/000090951812000099/mm03-1212_8ke101.htm

SO NO NEED OF ISSUING LTIs.IMO THOSE ENTRIES SOURCE WAS BALLOTS AND W-9 SUBMITTED BY FORMER SHAREHOLDERS WHO SIGNED RELEASES.