InvestorsHub Logo
Followers 203
Posts 13658
Boards Moderated 3
Alias Born 10/26/2008

Re: None

Friday, 12/02/2016 3:08:05 PM

Friday, December 02, 2016 3:08:05 PM

Post# of 727685
Facts that truly tell the WaMu Story – Final resolve – Waiting on 8K by WMIH


• For one to think that Escrow Shares, WMILT, WMIH, NewCo/WMIH Shares authorized both commons and preferred are not directly and indirectly connected is just ignoring the facts and the common sense trail of connecting the dots. The reason for this may be how an investor invested within this investment of WaMu.

• As you know, Piers investors NEVER received NewCo/WMIH shares on multiple occasions and NEVER received our BELOVED Escrow shares BUT Piers investors did receive wonderful tax challenges for their investment.

• All one has to do is follow the bullet points I have listed below to see how this is all connected directly and indirectly to arrive at a reasonable conclusion that WMIH is NOT growing organically and certainly not waiting four plus years to purchase a platform...really one cannot believe the reason WMIH has not purchased a platform of sorts in four plus years because they could not find one.

• More to the point, it all has to do with former assets being purchased from WMILT when the time is right and then WMIH more than likely will file an 8K showing some type of platform purchase along with former assets.

• The following really does tell a story!

• AN EXCITING STORY IS ABOUT TO REVEAL ITSELF

• WMIH/WMILT/Escrow Share/Tranches 5/6 plan must be literally hours to days away from a WMIH 8K filing showing the way.

• Updated timeline using common sense diligence/facts – My view based on WMIH has announced!

• 1/5/2015 – 600 million raised – deal closed

• WMIH annual shareowner’s meeting moved 7 weeks up to 4/2015

• WMIH reincorporated into Delaware

• WMIIC already incorporated into Delaware


• Once WMIH incorporated into Delaware WMIIC and/or WMIH will be merged together at some point prior to plan announcement or simultaneous to this

• According to Delaware law WMIIC/WMIH can merge – Either way does not matter

• 3.5 billion WMIH common shares authorized but NOT issued yet

• WMIH preferred shares increased from 5 million to 10 million authorized but not issued

• Two new Executives hired – one to be CEO and then his right hand counterpart

• Each Executive awarded 1.7 million WMIH shares each pending authorized asset (s) purchase

• All for the aforementioned pending WMIH annual Shareholder approval

• Via 8K filing WMIH – Shareholders approve aforementioned


• Two new WMIH Executives specialize in distressed debt experience – purchase/sale

• If WMIH was going to grow by small entity purchases – they have had since 3/20/2012 – Nothing

• One either believes this is a scam or WMIH is setting the stage for former asset purchase/return

• Considering two new WMIH Executives have only been on board since 5/1/2015

• WMIH files an 8K 10/13/2015 – discusses purchase of a division of a public traded company

• WMIH further discusses talks ended discussions but no mention of a failed attempt


• Since the 8K on 10/2015 a multitude of institutions piled into WMIH buying millions of shares

• Even though WMIH has advised they will merge WMIIC together – this has not happened yet

• Now here we are in November/December 2016 waiting on another 8K from WMIH to show us the way

• WMIH 2015 10K has been filed on 3/11/2016 – no further details on 11 million spent on acquisition that ended


• Vanguard has added 250,000 for a total 4.1 million owned shares of WMIH as of 1/31/2016

• Vanguard and others must have some inside contacts to have this many shares even for them

• The passing of time to me proves one thing – WMIH has no interest in growing organically


• WMIH has had since 3/20/2012 to buy small companies and obviously have had no interest

• My view WMIH going to be re-united with former WaMu assets via WMILT share exchange

• On 4/2/2016 The Steering Committee had a very positive PR


• On 4/4/2016 Judge Collyer filed her opinion in the ANNICO case letting JPM off of the hook - No Appeals - Finished - Done

• Employee Claimant’s case ORDERED closed 4/15/2016

• VANGUARD now has over 5 MILLION shares of WMIH as of 6/30/16, per NASDAQ. & some more have added


• WMIH's 10Q for period ending 6/30/2016 show and discuss the beginnings of the reveal that the term sheet settlement issues and also the 06/30/2016 reveal in the Q' that WMIH is beginning to dissolve WMIIC as extremely encouraging'

• The Federal Register reported today, August 18, 2016 that the FDIC met this week on August 16, 2016. It was a closed meeting. The links are below:

https://www.federalregister.gov/articles/2016/08/18/2016-19824/sunshine-act-meeting

https://www.gpo.gov/fdsys/pkg/FR-2016-08-18/pdf/2016-19824.pdf

• Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that at 10:00 a.m. on Tuesday, August 16, 2016, the Board of Directors of the Federal Deposit Insurance Corporation met in closed session to consider matters related to the Corporation’s supervision and resolution activities. (Shows FDIC more than likely used their Rubber Stamp)

• KCC has now been updated (thanks AZCowboy) to show the adversarial proceedings to all be (closed) which means that TPS' is able to receive their remaining approved attorney fee's = $12,000,000.00 plus expenses, as a class 18 distribution' and Tranquility. "is deemed to now' have their claim deleted"
For those who still have doubts- look at this (thanks AZCowboy) list-they are ALL wrong-Funny! However, does everyone know and remember who these groups are ? Why they are here? (don't ever miss those footnotes')


Black Horse Capital LP
Black Horse Master Fund Ltd
Greywolf Capital Partners II LP
Greywolf Capital Overseas Master Fund
Greywolf Opportunities Fund II LP
Greywolf Structured Products Master Fund, LTD
Greywolf Capital Overseas Fund II
Pine Edge Value Investors Ltd
Pine Rivers Convertible Master Fund Ltd
(f/k/a Nisswa Convertibles Master Fund Ltd)
Pine River Fixed Income Master Fund Ltd
(f/k/a Nisswa Fixed Income Master Fund Ltd)
Pine River Master Fund Ltd
(f/k/a Nisswa Master Fund Ltd)
LMA SPC for and on behalf of the MAP 89 Segregated Portfolio
Visium Global Master Fund, Ltd
Visium Catalyst Credit Master Fund, Ltd
VR Global Partners, LP
Scoggin Worldwide Fund Ltd
Scoggin Capital Management II LLC
Scoggin International Fund Ltd
Karnak Partners, L.P.
Ermitage Selz Fund, Ltd
Gam Selection Hedge Investments, Inc
Varana Onshore, L.P.
Page Opportunity Partners, L.P.
Page Opportunity Partners Master Fund
Lerner Master Fund, LLC


My view, NOBODY would agree to the following bullet points from WMIH’s 3rd Quarter 2016 10Q if there was any doubt about success


• "In connection with the issuance of the Series A Preferred Stock and the Warrants, KKR Fund and its affiliates agreed that, until December 31, 2016, they will not:

• request the call of a special meeting of the stockholders of WMIH; seek to make, or make, a stockholder proposal at any meeting of the stockholders of WMIH; seek the removal of any director from the Board; or make any “solicitation” of “proxies” (as such terms are used in the proxy rules of the SEC) or solicit any written consents of stockholders with respect to any matter;

• form or join or participate in a “partnership, limited partnership, syndicate or other group” within the meaning of Section 13(d)(3) of the Exchange Act,with respect to any voting securities of WMIH;

• make or issue, or cause to be made or issued, any public disclosure, statement or announcement (including filing reports with the SEC) (x) in support of any solicitation described above, or (y) negatively commenting upon WMIH;

• except pursuant to any exercise of any Warrant, the conversion of the Series A Preferred Stock, or the exercise of the Participation Rights, acquire, agree or seek to acquire, beneficially or otherwise, any voting securities of the Company (other than securities issued pursuant to a plan established by the Board for members of the Board, a stock split, stock dividend, distribution, spin-off, combination, reclassification or recapitalization of WMIH and its common stock or other similar corporate action initiated by WMIH);

• enter into any discussions, negotiations, agreements or undertakings with any person with respect to the foregoing or advise, assist, encourage or seek to persuade others to take any action with respect to the foregoing, except pursuant to mandates granted by WMIH to raise capital by WMIH to KCM and its affiliates; or


• short any of WMIH’s common stock or acquire any derivative or hedging instrument or contract relating to WMIH’s common stock

• WMIH’s 20 day moving average is now at the floor of $1.75 which allows for the most shares in a share exchange event involving WMILT/Escrow Share owners who own the former WaMu Estate

• WMIH should announce a (QA) Qualified Acquisition between NOW and year-end Dec 2016 via 8K filing


• Yes, I truly love my Escrow Shares MORE EVERYDAY!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News