...vom Cowboy aus ihub.
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AZCowboy Thursday, 10/29/20 09:09:06 PM Re: xoom post# 637667 0 Post # 637674 of 637690 ~ XOOM, Let Me Try A Different Approach ~
It's important that I help You Understand, and don't give you a simple answer and dollar amount', ... please read all of this'
Shares of "COOP' Will eventually be representative of the entire company's financial value' ... "WMIH" and "WMIH and its Subsidiaries" ... currently, things will begin to happen quite quickly, now that the WMI BK Cases Have Been Closed, and the 1st and 2nd quarter of 2020 were used to complete the Court Ordered Closing Requirements' ...
So, "COOP" currently, as only a partial representation of the entire "WMIH" values, will need to adjust the float', and issue a term to present tense quarterly dividend' for at minimum, the WMI BK Free 3rd quarter of 2020' and subsequently for the 4th quarter etc., etc., etc ...
Turn The Page;
your DTC Issued ESC Cusips maintain the count of your original ownership' of the reorganized WMI ... released per the instructions, in order to "Participate" ...
Since only the WMI Holding Company and One Sub, filed for BK and obviously reorganized, ... the BK segregated subsidiaries, and the segregated WMI Cap Trust continued to function and accumulate earnings' ... all very well documented within numerous submissions to the Court, as well as in Plan 7's Disclosure Statement ...
Turn The Page;
The WMI Cap Trust went into a liquidation preference when WMI filed for BK on 09/26/2008' ... that meant that none of the existing loans' held within the Debentures needed to be replaced' ... But, per the Trustee, the Debentures continued to function and their production was allowed to accumulate per the Trustee' as Judge Walrath' was notified', Judge Walrath knew, her responsibility ended with the Holding Company' ...
Turn The Page;
This is the reason that you were issued your DTC ESC Cusips', ... to maintain your connection to the original entire WMI Estate and to be able to accept your accumulated returns, held' on your behalf, while the company, WMI', now to WMIH', remained within Bankruptcy ...
Turn The Page;
So, your originally DTC Issued ESC Cusips are able to be utilized for the distribution of the accumulated funding, ... held since 09/26/2008' ... while your COOP shares are available for the company to use as it moves forward' ... to the present tense' ...
Turn The Page;
The 1st time historically since 2008', that the Debentures have been free from the confines of the WMI Holding Companies BK, is November 1st, 2020 ... so following proper protocol, ... in the same fashion as the original WMI', pre-seizure and pre-bk, ... the subsidiaries return earnings and the company WMI, now WMIH, distributes a Dividend' to the common shares' ... now in the old days, those subs would produce enough for the company to release roughly 50 cents per common share' per quarter' ... between roughly $1.50 and $2.00 per year' ... or 6% ish'
so, I'll leave you to do your own calculation of what has accumulated on your behalf to be distributed ... 1/2 buck per released common share (I use .38) (per common share DTC ESC Cusip), again, designated by your DTC ESC Cusips, and now multiplied by all of the elapsed quarters since 09/2008 ... I use 51' and counting
and COOP' as the representation for the reorganized IPO, will now be starting out', and will be a calculation of 1 quarter' (3rd quarter of 2020) ... and (4th quarter 2020), and moving forward from here of course'
"K"s produced a different yield (4%) and distributed reasonably at the same time as the WMI commons' and their distribution was calculated and issued also by the Parent Corp' WMI' ... I find that fact interesting'
"P"s were a bit different, ... they were handled, accounted for, and dividends released, by way of a subsidiary ... Not By The Parent' ... another interesting fact'
All Of My Research Is Placed Within The Documents' Submitted, both' during the BK and currently within SEC submissions'... and is supported by the separations of ... "WMIH" and "WMIH and its Subsidiaries" ... during the acquisition of NationStar by the "Lead ARANGERS" and the "SPONSOR" ...
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So, from your old friend AZ, ... my suggestion would be, don't be worried if you had to sell "COOP" shares', in order to live life's happenings', ... COOP will do well, but COOP is just now able to financially experience the entire financial calculations of "WMIH" and "WMIH and its Subsidiaries" ...
If' You Own Both ?, well fine' better yet right ? ... However, your original participation in Judge Walraths "Fair and Equitable" Plan' and your DTC Issued ESC Cusips have accumulated an extremely large amount of Cash to be returned' ... So DO NOT WORRY' ...
The DTC issues Cash ...
Computershare will issues shares for a "COOP" float adjustment' ...
AZ
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