 | From: Deadmau5 (Rep: 157) | Date: 2012-03-05 10:05:12 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1326 - Part 1/11 (Rec: 0) | people who arent do the DD will be sorry. Bank is not part of BK!
@deadmau5_trades |
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 | From: HiSpeed (Rep: 4) reply to Deadmau5 | Date: 2012-03-05 10:08:07 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1327 - Part 2/11 (Rec: 0) | As I understand, United western bank is a subsidiary of UWBK, the parent co.
 Reply to Deadmau5 - Msg #2244522 - 03/05/2012 10:05
people who arent do the DD will be sorry. Bank is not part of BK!
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| From: Deadmau5 (Rep: 157) reply to HiSpeed | Date: 2012-03-05 10:14:32 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1328 - Part 3/11 (Rec: 0) | Certain inactive and immaterial subsidiaries of the Company (collectively, the “Non-Filing Entities”) were not part of the Bankruptcy Filing.
As of the date of this press release, the Company and the Bank are awaiting the production of additional information from the OCC with regard to the OTS’s administrative record in support of the OTS’s January 21, 2011 appointment of the FDIC as receiver for the administration of the Bank (the “Administrative Record”). Pursuant to the Court’s order, all discovery relative to the Administrative Record is to be completed by March 7, 2012 and the parties are to propose a calendar for further motions before the Court on or before March 9, 2012 although either of these dates may be extended by action of the Court. The Company anticipates that the OCC will file a motion for summary judgment against the Bank seeking dismissal of the OCC Litigation. The Bank intends to file a motion for summary judgment in its favor against the OCC. The Company cannot predict the outcome of the OCC Litigation with any degree of accuracy.
Company does not have the ability to file any such SEC Reports since it does not have access to the books and records of its most significant subsidiary, United Western Bank and, as a result, the Company is unable to prepare any meaningful financial reports in accordance with generally accepted accounting principles. The Company does not expect to file any SEC Reports other than reports on SEC Form 8-K in the foreseeable future.
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UNITED WESTERN BANK IS A NON FILING ENTITY AND AS STATED ABOVE, IS NOT INCLUDED IN THE BANKRUPTCY
SEE FULL POST HERE: http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=2244502&cmd=r&t=
@deadmau5_trades
Reply to HiSpeed - Msg #2244529 - 03/05/2012 10:08
Re: people who arent do the DD will be sorry. Bank is not part of BK!
As I understand, United western bank is a subsidiary of UWBK, the parent co.
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| From: HiSpeed (Rep: 4) reply to Deadmau5 | Date: 2012-03-05 10:17:05 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1329 - Part 4/11 (Rec: 0) | | So if the bank that is fighting the OCC is not a part of the UWBK that filed b/k, what's the argument for owning the stock, UWBK? |
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| From: Deadmau5 (Rep: 157) reply to HiSpeed | Date: 2012-03-05 10:19:05 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1330 - Part 5/11 (Rec: 0) | they have other subsidiaries that they are filing ch. 11 for. as stated, the bank is a non filing entity and is not part of the BK... UWBK as a whole is not filing ch. 11.
@deadmau5_trades
Reply to HiSpeed - Msg #2244541 - 03/05/2012 10:17
Re: people who arent do the DD will be sorry. Bank is not part of BK!
So if the bank that is fighting the OCC is not a part of the UWBK that filed b/k, what's the argument for owning the stock, UWBK?
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| From: compisnada (Rep: 9) reply to Deadmau5 | Date: 2012-03-05 10:19:35 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1331 - Part 6/11 (Rec: 0) | They filed for there other entities due to the outcome of the march 2nd filing. From the looks of it the FDIC is gonna drag this one out as long as possible. The timing of the filing is not a fluke, this may run at some point just not for a while, and if this does get dragged out for a long time a new judge could be appointed and could rule in favor of the FDIC. In short the FDIC knows its wrong but they will now just play the game.
JMT not bashing
Reply to Deadmau5 - Msg #2244535 - 03/05/2012 10:14
Re: people who arent do the DD will be sorry. Bank is not part of BK! Certain inactive and immaterial subsidiaries of the Company (collectively, the “Non-Filing Entities”) were not part of the Bankruptcy Filing. As of the date of this press release, the Company and the Bank are awaiting the production of additional information from the OCC with regard to the OTS’s administrative record in support of the OTS’s January 21, 2011 appointment of the FDIC as receiver for the administrati... Full Message |
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 | From: Titanium (Rep: 152) reply to compisnada | Date: 2012-03-05 10:23:08 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1332 - Part 7/11 (Rec: 0) | | same talk in PR as TRIDQ had, i bought big at .101 today. |
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| From: Titanium (Rep: 152) reply to Deadmau5 | Date: 2012-03-05 15:57:02 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1333 - Part 8/11 (Rec: 0) | | please keep us updated with filings....thanks |
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| From: Deadmau5 (Rep: 157) reply to Titanium | Date: 2012-03-05 15:58:02 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1334 - Part 9/11 (Rec: 0) | will do, still up 80% when people start reading between the lines here, they will understand this has no effect on the court outcome, imo it is protection for what is to come.
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Reply to Titanium - Msg #2244847 - 03/05/2012 15:57
please keep us updated with filings....thanks
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| From: Titanium (Rep: 152) reply to Deadmau5 | Date: 2012-03-05 16:01:51 | | Forum: United Western Bancorp - Thread #673368999 | Msg #1335 - Part 10/11 (Rec: 0) | added a bunch here today on "those" theories... we should get an update from thejudge today or tomorrow, then weds is march 7th and the 9th is friday, should be an eventful week imo.
Reply to Deadmau5 - Msg #2244849 - 03/05/2012 15:58
Re: please keep us updated with filings....thanks
will do, still up 80% when people start reading between the lines here, they will understand this has no effect on the court outcome, imo it is protection for what is to come.
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139.40
0.31
