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ReF: Well let me just say that we

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WMIH Corp. Announces Redemption Of Senior Second Lien Runoff Note "PR Newswire (US)" - 10/3/2017 8:00:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/8/2017 4:17:15 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/21/2017 4:17:05 PM
WMIH Corp. Announces Retention Of Financial Adviser "PR Newswire (US)" - 8/21/2017 4:05:00 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/10/2017 4:18:38 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 8/9/2017 4:20:30 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 7/7/2017 4:17:28 PM
Small Company Offering and Sale of Securities Without Registration (d) "Edgar (US Regulatory)" - 6/13/2017 6:02:28 AM
Initial Statement of Beneficial Ownership (3) "Edgar (US Regulatory)" - 6/12/2017 4:04:35 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 6/9/2017 4:17:25 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 6/6/2017 4:21:46 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/5/2017 6:28:10 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/5/2017 6:27:16 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/5/2017 6:26:20 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/5/2017 6:12:57 PM
WMIH Corp. to Webcast 2017 Annual Meeting of Stockholders "PR Newswire (US)" - 5/26/2017 4:05:00 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 5/9/2017 4:21:23 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 5/8/2017 4:17:29 PM
Additional Proxy Soliciting Materials (definitive) (defa14a) "Edgar (US Regulatory)" - 4/19/2017 4:22:37 PM
Proxy Statement (definitive) (def 14a) "Edgar (US Regulatory)" - 4/19/2017 4:19:33 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 4/6/2017 4:17:05 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 3/21/2017 12:02:00 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 3/14/2017 4:56:47 PM
WMIH Corp. Schedules Investor Conference Call And Webcast "PR Newswire (US)" - 3/14/2017 4:25:00 PM
Annual Report (10-k) "Edgar (US Regulatory)" - 3/14/2017 4:20:18 PM
CBA09   Thursday, 10/05/17 04:57:33 PM
Re: mordicai post# 490727
Post # of 492822 
ReF: Well let me just say that we have a lot of big players involved, so If wmih cannot find a perfect fit, I think those players could make a perfect fit target by contributing some of their high income generating assets or high gain assets to a new corporation for stock and bring wmih under that umbrella to utilize the nols quicker and with greater certainty. Maybe wmih is getting some of those trust residuals . This might explain the three year time frame. Jmho

Comment:

WMIH most likely will be the acquirer. Reason, ownership change => 50% of the entity having the NOL's ( WMIH ) will trigger a limitation of eligible NOL's. In turn loss of value.

Key is to have unrestricted use in the $ 6 Billion NOL's. Thus a acquisition that is not defined as "Equity Exchange."

Preferred stock that is both:

1) No voting rights, and

2) No conversion to common stock.

Meets the qualification on "Non Equity Exchange."


Ref: Maybe wmih is getting some of those trust residuals . This might explain the three year time frame.

Comment:

Agree, those SPE / Trusts and captive "Retained Assets" have and will continue to out live the bankruptcy.



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