lodas
25分前
@ AZCowboy......you are right.... the 75/25 split of the Disputed Equity shares that was placed in Escrow Holding pertained only for those obtained from the Employees Claims that were denied in court...The WMIL-T placed them on hold until the court decided to whom those disputed shares belong to... the court denied the Employees claim to them and the WMIL-T released them to common and preferred holders in a ratio of 75% preferred, and 25% common.... In no way was this ratio to apply to any future recovery, if any, past the chapter 11 closing... that is why Rosen petitioned the court to remove them from brokerage accounts, but the judge acquiesced , and let them remain for a certain period, then , WMIH told brokerages to remove them from brolerage accounts....again, I remember that preferreds were given an option before signing the release document to participate in an offering to buy various preferred instruments....... so, maybe that is what you are in reference of... did you buy, and participate in those offerings by WMI?....if so, then so state it in order as not to confuse many on this board THAT DID NOT PARTICIPATE IN THOSE OFFERINGS BY WMI......peace bro, no truck with you.... just want to know the truth in this long drawn out saga, when everyone has each other on ignore when they dont agree with each other.... Lodas
AZCowboy
46分前
~ Well, The 2012 WMI Reorganizations Plan 7 "Release Documents" ... ARE, first Individualized per Owner, per Cusip Number, and per the Amount of the individualized Cusip Owned', ... NO WHERE' does a Plan 7' Release Document' mention ANY Need for a ratio sharing between the security's ~
... all of that continued misconception, ... (just like ppennnys, & gw-bs chap 7, and coffffeeee cup ?) ..., regarding this 75/25 ratio misunderstanding ?, ... another incorrect message, this was only "TO THE END" of the wmi-lt' ...
the ol' cactus bangers could simply ... READ your Release' (not comic books) ... ol' cactus IS obviously NOT affected', owning ALL, (Now Free) All that was WaMu ... plus COOP' ... and a lot of LBHI CT's and WMB Note / Euro Bonds ...
anyhew,
AZ
TriDaddy
2時間前
Sure thing there Pecos Bill lol
Pecos Bill was born under a cactus and raised by coyotes, lassoed tornadoes for fun, and dug the Rio Grande with a rusty spoon. He rode his ornery horse, Widow-Maker, and wrestled cyclones to carve the Grand Canyon.
He married Slue-Foot Sue, who could ride giant catfish. Their wedding BBQ needed all the cattle in New Mexico. Bill taught critters to sing and used rattlesnakes as lassos.
Pecos Bill’s adventures are as tall as the tales themselves!
BBANBOB
2時間前
HMMMMMMMMMMMMMMM
Now lets take a trip down memory lane, you ALWAYS SAID that """EQUITY ALWAYS OWNS THE COMPANY RIGHT""" ?
THEN ALL OF A SUDDEN and out of the BLUE once the 8K and PR came out about the 75/25 payout matrix to """"QUELL MESSAGE BOARD RUMORS and ""MISINFORMATION"" and stated that PREFERD EQUITY and COMMON EQUITY will be 75/25
AND ONLY till that happened did you start saying COMMON SHAREHOLDERs own the company, before that you ALWAYS STATED ""EQUITY ALWAYS OWNs a COMPANY""
Can you please make up your mind and stop blowing with the wind you want to be blowing the way ya want it to blow, THEY TOLD US ALL pre election and twice POST election how it would be.
""WMI's common shares OWNED The Washington Mutual Inc. "Holding Company" ... Period ~ "
TIME WILL TELL AND TIME TELLS ALL your lemmings are imho gonna be real pissed off when they realize, this was a NEGOTIATED SETTLEMENT that changed what would have normally been, where prefrds would only been allowed to get full face back and then the balance would go to commons!!!!!!!!!!!!!!!!! BUT with the ""NEGOTIATED SETTLEMENT those rules were change..
The real tell as you like to say, was them putting out the payout matrix before we voted!!!!!!!!!!!!!!! You don't seem to understand they did this to legally cover their collective rear ends in case of lawsuits and they did that very well, as All here were told the truth AS TO EXACTLY HOW THE PAYOUT WOULD BE MADE prior to them electing to participate AND NOW CAN NOT be sued for not being honest with all that PARTICIPATED
We'll see and hope we will all be here to see
All will be fine, it is just that some will be FINER THAN OTHERS
Have a great day pondering that
AZCowboy
3時間前
~ Following Up John, (busy yesterday), ... "WE" were the "purchasers" of the WMI offerings' ... "WMI" was the participant in the "9 investment trusts", all nine were simultaneously moved, (10-K's) ... as well as other WMI owned financial products ~
... * Only the WMI Holding Company "Filed" for chapter 11 protection' ... and was Court Approved to be reorganized' ... 2012's, WMIHC then to 2015's WMIH
... * the operational subs' of the WMI Holding Company were used for financially positive inbound income' ... the 10-K reported listing for WMI's subs was extensive' ... functioning separately from the Holding Company
... * "ANY" access to the perspectives and audit reports on the 9 investment trusts as beneficiaries? ... would be available to the WMI Subsidiary used', AND NOT ever be made available to US' (we') ...
... * only Three of the Nine Trust Cusips, are Cusip related via a Release Document, specifying the owner, and the amount of ownership,
===================================================================
* cofffeeeecup confused the process many, many, many times, and continues to do so'
* the Underwriters WERE NOT EVER going to allow the Plan to be disrupted, especially AFTER the Trusts had already been moved, prior to those filings court submitted in 2019' that WERE NOT Successful
* now, 40,000 (ish) poster does the same, with the 75/25 distribution ratio's promotions, LIMITED up to and until the, ... "THE END OF THE wmi-lt" ... the wmi-lt is done' ...
* ronn-emoji ?, ... misunderstands the most', ... first, just who was actually released (stickied on this bulletin board), (NOT), ... misreading the 2012' MOR's and believing that a chapter 11 COURT allowed to reorganize, with retained earnings' held back, doesn't happen (NOT) ... likes to post without positions owned ...
* R-D, is a close second ... way, way, way, off the rails (iggied)
===================================================================
BONDS, ... WMI's, 19's and LBHI's... WMB Notes / Euro Bonds (original 17's) and the LBHI CT's (original 10-a's) ... L@@K GREAT, (checked daily, along with all free WaMu) and are the canary's in the coal mine' ...
"COOP", as a WMIH 2018 acquisition sub grouping, doesn't have the asss to cash the WaMu / WMIH checks' ...
lodas
2日前
yo ron????.... you still did not substantiate your assertion that WMIIC is where the Trusts hold the money for your assumed recovery.... I provided the documents that stated WMI liquidated the WMIIC Trust funds, then subsequently closed them down when the chapter 11 was finalized....WMIH, successor to WMI states in the 2013 WMIH 10-K that WMIIC does NOT EXIST ANYMORE!!!!....now ron, in order to be credible, you must BACK UP YOUR ASSERTIONS AND NOT HIDE BEHIND THE IGNORE BUTTON!!!.....in addition, common shareholders in no way own the estate.... WMI made that fact very clear in their language that WMI held ownership of the estate, before, during, and AFTER THE PENDENCY OF THE CHAPTER 11 RESTRUCTURING CLOSED!!!!!.... now, be a man, and defend your assertions..... Lodas