"si lees el POR aprobado hay muchas menciones a $$$$$ que aun no ha aparecido".
Siempre estas con vaguedades y supuestos, concreta hechos consumados como son las cantidades pactadas o deja de decir sandeces.
I want to thank Barefoot123 from IHUB for digging out this part of the courtroom transcript. My wife and I were in Delaware to attend a WaMu hearing and witnessed this you female lawyer from Blackhorse who was truly excellent at what she was portraying and I will just copy and paste from IHUB what Barefoot and I (Large Green) were discussing.
barefoot123, this is excellent that you brought this up because my wife and I were in court that day to listen to her say this. To Catz and others who wonder why I still have a high valuation ($20.00 a share if it trades again) and the high valuation is NOT necessarily hidden assets but undervalued assets such as the NOL's and other.
I will repost because this is so important and beautiful that this lady from Blackhorse said this. I can attest this to you because I was there, that the court room went very eerily silent when she said this and of course Walrath pushed through this and got her off the stand in the true meaning of ASAP!
Even if parties at confirmation may have different
8 views and different experts, talk about those probabilities,
9 and whether that asset can or cannot be realized. The fact
10 that the disclosure statement is silent on this issue is
11 untenable when we're talking about a 3.5 billion dollar asset.
Ms. Lonstein from Blackhorse.
And what's interesting about this plan is that it
13 provides for senior creditors owed billions of dollars to
14 choose to take stock in an ostensibly 100 million dollar
15 company, okay, instead of cash. Why would creditors owed
16 billions of dollars take stocks in 100 million dollar company
17 instead of cash . There must be something valuable about that
18 stock.
Edgar Sargent
P.23
We all know that the shareholders lost the most in the
3 collapse of Washington Mutual Bank. We've heard
4 heartbreaking stories about retirement nest eggs wiped out,
5 careers shattered, children forced to drop out of college.
These shareholders have overcome the difficulty of
12 understanding what has to be one of the most complex legal
13 procedures in the world, a major United States bankruptcy.
14 And often without any form of legal training, they've
15 made significant contributions
Your Honor, we all know that recoveries for equity are
21 rare in bankruptcy. At first this case did not seem to
22 present an exception, shortly after the Equity Committee was
23 formed the global settlement was announced and it appeared
24 that there was not going to be value to distribute to
25 shareholders.
Page 24
consensual plan that distributes meaningful recovery to the
4 WMI shareholders. And I think that recovery really is
5 meaningful
WMI shareholders will own 95 percent
9 of the stock in the reorganized debtor.
10 This reorganized company will have at least $140
11 million of value and the Equity Committee believes
12 substantially more. It will have no liabilities, and it
13 will have a large NOL that has the potential to generate
substantial additional value in the future.
15 This is a rare company with the wherewithal it needs to
16 establish itself and get off the ground. No doubt it's a
17 much smaller company than the old Washington Mutual, but the
18 potential for strong growth is unmistakable and there's no
19 cap on the upside for its owners. This is the recovery of a
20 true equity investment for the former equity holders.
-----
THANXS TO CATZZZZZ for the POR court files
Clarito como las aguas del Rio Negro.
¿La pregunta que deberias hacerte es
¿Porque el valor de las acciones es de unos pocos centimos de dolar?
¿La segunda pregunta que deberias hacer al EC es porque el POR habla de unas acciones que podrian no cotizar nunca?
A partir de aqui podras cuestionar otros aspectos del proceso, a no ser que sigas con el bombeo indiscriminado y no te importe mas que impulsar los precios para salvar tu culo como hiciste en Marzo de 2009.
Macho que pesado eres...a ver si te enteras que yo llevo Preferentes al 99%
lo que yo diga o haga poco importa... la suerte ya está echada y los que aun no lo
hicieron tienen hasta el 7 de marzo.-
Lo demás es pura especulación...
http://www.kccllc.net/documents/0812229/0812229120228000000000011.pdf
Al menos este accionista denuncia los Billones obtenidos ilegalmente por JPM hasta el Final.
Esperemos que al otro lado encontremos un oasis de tranquilidad y que el BOD se ponga a trabajar en revalorizar los activos perdidos y las NOL´s.
WAMU NewCo Calculadora: http://www.geishababy.com/WaMu/Default.aspx
Todo tuyo Besugo... cambio y corto.
PD: Muchas lecciones aprendidas en estos 3 años y medio. Hay que equivocarse a menudo para saber aprender de los errores. La corrupción llega hasta las mismas entreñas de la Justicia, Wall Street y JPM dominan a sus anchas a coste de los accionistas retail que son los que terminan perdiendo.
Pez gordo come a pez chico y el mundo sigue igual... la historia de siempre.
A saber a cuantos has dejado en calzoncillos o en cueros cuando ha bajado la marea y se ha visto la realidad de las valoraciones y no las informaciones FALSAS que has difundido que implicaron la pillada monumental del foro.
