The POR, says the debt is in, but absolutely doesn't specify that the equity side is there. I believe it was assumed last march that the equity was going into the OBS, but then rolled back out. After reviewing the prospectus.
So here we stand with a bunch of secretly worded actions in the last year pointing to JPMorgan receiving our money in accounts segregated for each trust series.
JPM also has the right to distribute the dividends with interest, at the time it's due without a final deal/agreement made between LBHI and JPM.
The money has been transferred from LBHI and Is sitting in these accounts as we speak on this forum.
It shows up in the 8K from July 31st in the tables where the money came from, then shows that it was transferred to JPMorgan for the payment of dividends plus interest.
If anyone here hasn't read the excerpts from the 8K, then do so..
Open it and do a search for JPM, about 15 results come up.. Every one of those results are referencing this action.
This is why LBHI and JPM are re-listing the CTs, so the DTC can generate the updated info on who owns the shares in street name, and use the list for payments.
Owner of record/dividends/interest accrued, we are close to getting paid.
It's all there people, has been in the works for a year now.
Just took a lot of effort to finally see it clear as a bell.
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