is I like stocks
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Anybody notice the pre-market 266,336 shs @ 2.67
PEACE-Ts
So it seems that 14 out of the last 21 trading dys we closed down
WHERES OUR M/A, MW N CREW-Ts
Wait it gets better CDEL @ 2.25
And ETRF is @ 2.00
Ok, ok lets see who's going to be the first to say the ole Its a great buying opps lol
Ts
Looks like they are prepairing us for the 2.45s tomorrow and then lower Wedsday ,I would luv to be wrong but !!! that 100 paint to 2.54 :-\
Time Price Volume Market
15:59:36 2.54 100 OTO
15:52:26 2.50 1800 OTO
15:52:20 2.50 100 OTO
15:51:06 2.52 500 OTO
15:51:04 2.50 20 OTO
15:50:42 2.50 400 OTO
15:45:19 2.50 100 OTO
15:45:19 2.50 150 OTO
15:45:19 2.50 3280 OTO
15:45:17 2.50 100 OTO
15:45:13 2.50 2300 OTO
15:44:32 2.50 100 OTO
15:33:45 2.47 248 OTO
15:29:40 2.46 34 OTO
15:25:23 2.50 1440 OTO
15:22:25 2.50 20 OTO
15:21:23 2.50 240 OTO
15:2:208 2.46 16 OTO
15:19:13 2.46 69 OTO
15:17:57 2.46 16 OTO
15:11:16 2.46 500 OTO
15:09:06 2.50 1000 OTO
15:08:04 2.49 299 OTO
15:05:16 2.49 3 OTO
15:05:16 2.49 3 OTO
14:50:56 2.49 2100 OTO
14:48:39 2.495 400 OTO
14:41:18 2.49 300 OTO
14:30:44 2.49 208 OTO
----------------------------
WHERES OUR M/A,MW N CREW-Ts :-\
CDEL $2.25 FOR 2500 SHARES.
Is this our next PPS. level/tip off
Wishing all a great day.....
WHERES OUR M/A, MW N CREW-Ts
Bluee
Hate that 2015 somewhere time line because" KKR Fund and its affiliates have agreed that, until December 31, 2016, they will not: short any of the Company’s common stock or acquire any derivative or hedging instrument or contract relating to the Company’s common stock." According to the signed agreement in the SEC filings"
They wouldn't do that AFTER 2016 would they let us not forget whom we are dealing with and what they tried to do to us during the BK and not counting what they have done in the past before BK IMHO.
----------------------
Have a great weekend -Ts
Yeah !!!!!!!!!!!! hows that been working for us since 08
GOOD LUCK WIT DAT!!!!!!!!!-Ts
bk
The gift( win fall) that keeps on giving, before the theft, during the theft, and even after the crime, while the victims wait to see if there are any crumbs the criminals left behind
PEACE-Ts
vodka
Hehehe
True and yet we still have pros and cons, I'm more concern about what the BOYZ(BOD)IN THE BAND ARE DOING for the bounty they have accumalated already while we hmmmm?
PEACE-Ts
bk
" WMIH is the reorganized debtor with almost $6B of NOLs."
Yes!!!! and escrow will be what it will be cuzzzz what else are you going to do with them anyhow, for whatever reason we have them in our broker acct. Some tug so hard one way and some tug so hard another way , but in the end they will still be there until whatever I sweat it not
PEACE-Ts
invest
Not saying no, but would have been a really dangerous move
Mr. Bonderman, a legend in the world of private equity, received a seat on Washington Mutual’s board.
http://www.nytimes.com/2008/09/27/business/27bonderman.html?_r=0
HAVE A GREAT FOOTBALL SUNDAY PEOPLE
Bluee
"they did and assumed control of WMI in the process signaling an ownership change in july 2008. because of the large scale selling of common shares from that point forward TPG had to have exited their positions in WMI" So your saying they sold during BK and not before correct ? other wise wouldn't they had to file with the SEC if they sold before BK.in a matter a 3/4/5 dys as didn't they convert to WAMUQ common ? I may be wrong and if so please correct me TIA.
PEACE-Ts
nranger
Don't worry, be happy for the BOD is hard at work for
Ts
ora123
Actually it was for a short time it was 70/30 but one of the big boyzzzz club would only get on board if it was 75/25
Ts
T1215s/my post about an 8K needed was incorrect
Have a great day people
Donotunderstand
An 8K would have had to be filed according to SEC. regs for public trading corp, soooooooooooo
Hmmmmmm? Ts
Donotunderstand
I am not an Accountant and was looking for another opinion in ref to p.26,27 also the float has change from 202,092,351 to 202,343,245 a diff of 250,894 shs, hence I back read since the last 10Q and reread the 8K's and also the D filing, still the change I could not find
HAVE A GREAT DAY
Donotunderstand
OK , still did you read the the 10Q ? as I asked Bluee
Blue
Did you read the recent 10Q done by WMIH. something is wrong or they foul up on their reporting. Also any materiel event/change in the float also needs to be 8K'ed
First there was an error in the wording on the last release and now the 10Q
Hmmmmmm?
Vodka
It's like why do most companies take electronic payment and some don't, because if your late with your payment they can charge you a late payment too. aka. make more monies off of you
PEACE-Ts
gold
WMIH. is trading in the badlands and as such it truly does not follow in suit of the true market platforms, if you would go back in time and follow up on our past with a cross ref to the Dow boards when they were down you will see my point
Have a great day
MikeJones
Since U mentioned it
Insider Holders*
Most Recent Trans. Shares Owned
DAVIS EUGENE I
Director Acquisition (Non Open Market) Feb 10, 2014 ------------------------363,193 X 2.5 3.0 avg.pps =
GLOSSMAN DIANE BETH
Director Acquisition (Non Open Market) Feb 10, 2014 ------------------------313,193 "
GRAHAM TIMOTHY R
Director Acquisition (Non Open Market) Aug 13, 2013 ------------------------263,193 "
HOLLIDAY MARK E
Director Acquisition (Non Open Market) Aug 13, 2013 ---"
RENOFF MICHAEL J
Director Acquisition (Non Open Market) Feb 10, 2014 ------------------------313,193 "
SCHEIWE STEVEN D
Director Acquisition (Non Open Market) Aug 13, 2013 ------------------------263,193"
WILLINGHAM MICHAEL
Director Acquisition (Non Open Market) Feb 10, 2014 ----------- 347,696 "
And let us not forget !
Fees Earned or PAID IN CASH ////
Michael Willingham $163,125
Eugene I. Davis $130,000
Diane B. Glossman $111,250
Timothy R. Graham $108,750
Mark E. Holliday $126,250
Michael Renoff $110,000
Steve D. Scheiwe $118,750
P-20 of the last 10K
On October 18, 2012, WMIHC issued a total of 1,156,078 restricted shares of WMIHC’s common stock under the 2012 Plan to outside directors. On August 13, 2013, 686,273 restricted shares of WMIHC’s common stock were issued under the 2012 Plan to outside directors. The restricted shares vest in three equal installments commencing on the date of grant over a three year period (subject to continued service as a director through each vesting date and subject to certain stock ownership guidelines in which the director must at all times during service on the board hold shares of WMIHC’s stock equal to 50 percent of the aggregate number of shares awarded to the director as director compensation and that have vested, and such shares may not be sold without the prior approval of the Compensation Committee). Effective February 10, 2014, we increased the number of shares reserved and available for awards under our 2012 Plan from 2 million to 3 million shares of WMIHC’s common stock and issued 250,000 restricted shares to members of our Corporate Strategy and Development Committee and our Chairman, Michael Willingham. We issued these shares relying on Section 4(2) of the Securities Act, and Rule 506 of Regulation D thereunder
Director compensation has three components:
(1) annual cash retainer for board service;
(2) annual cash retainers based on committee chair positions and committee membership; and
(3) annual restricted stock grants. The annual cash retainer for board service was $100,000. Annual retainers for committee or chair service include:
(i) $10,000 for each non-Chair member of the Audit Committee;
(ii) $10,000 for each non-Chair member of the Corporate Strategy and Development Committee;
(iii) $5,000 for each non-Chair member of the Compensation Committee;
(iv) $5,000 for each non-Chair member of the Nominating and Corporate Governance Committee;
(v) $50,000 for being Chairman of the Board;
(vi) $25,000 for the Audit Committee Chair;
(vii) $25,000 for the Corporate Strategy and Development Committee Chair;
(viii)$12,500 for the Compensation Committee Chair and
(ix) $12,500 for the Nominating and Corporate Governance Committee Chair. All retainers were paid in quarterly installments, in advance, on the last day of the prior quarter. WMIHC also reimburses directors for their travel expenses for each meeting attended in person; however, reimbursement amounts are not included in the totals above.
invest
"What do you want them to put on there?"
Well for starters an M/A would be nice/great!!!
I think the fact that from 2013 shareholders meeting when announced a site would be put online and 2014 shareholders meeting still no site which is a year and all we get is some crappy template site ( http://prolegissolicitors.co.uk/services/employment/ ) LOOK FAMILAR, is what some might be complaining about, but they are very precise about their packages plus fees and cash they give themselves yearly and right on time IF NOT A HEAD OF TIME
Have a great weekend
Bo
First thanks for notes and opinion, I wanted to attend but had a very important family thangggg the night brefore and did not know what condition my condition would be the next morning
I would have to agree with from now to very early 2015 Because
"In connection with the issuance of the Convertible Preferred Stock and the Warrants, KKR Fund and its affiliates have agreed that, until December 31, 2016, they will not: short any of the Company’s common stock or acquire any derivative or hedging instrument or contract relating to the Company’s common stock." According to the signed agreement in the SEC filings
WHERE'S OUR M/A, MW & CREW-Ts
Since U mentioned it
I see the meeting went as predicted by most here, (uneventful) and just SOP. Anyhow we have Blackstone doing the hunting and KKR doing the financing and the BOD costing us $836,+ along with 700,000 shares @ 2.75/3.00 PPS last year according to the SEC filings if I'm reading it right and with this year almost half over :o and they/we sold to KKR $10.55 million face amount of convertible preferred stock of the Company at a price per share of $1.10 convertible on a one-for-one basis into shares of common stock of the Company (the "Convertible Preferred Stock") Just saying ::) :o ??? :-\
So 2.75 x 700, shs = $ 1,925,000
BOD cash n fees - $ 836,000
---------------------------------------------
BOD = $ 2,761,00
KKR 10,550,000
-2,761,000
--------------------------------------------
= $ 7,761,000
what is Blackstone $ -
------------------------------------------
= ?,???,???
MW AND CREW where the heck is our M/A-Ts :-\
Have a nice day people
eyes
Common sense should tell you that people like KKR think three to four moves ahead, kind of like a Chess match, They are in the monies game and their monies never stays in one place to, too long. Kind of like our PPS. IMHO.
WHERE'S OUR M/A,MW
35K sitting @ 2.50pps
Where's our M/A,MW
Let us not forget the Well/Trough
Insider Holders*
Most Recent Trans. Shares Owned
DAVIS EUGENE I Director 363,193
GLOSSMAN DIANE BETH Director - 313,193
GRAHAM TIMOTHY R Director --263,193
HOLLIDAY MARK E Director -- 263,193
RENOFF MICHAEL J Director --313,193
SCHEIWE STEVEN D Director --263,193
WILLINGHAM MICHAEL Director-- 347,696
And let us not forget !
Fees Earned or PAID IN CASH ////
Michael Willingham -$163,125
Eugene I. Davis ------$130,000
Diane B. Glossman --$111,250
Timothy R. Graham --$108,750
Mark E. Holliday --$126,250
Michael Renoff ---$110,000
Steve D. Scheiwe --$118,750
P-20 of the last 10K
On October 18, 2012, WMIHC issued a total of 1,156,078 restricted shares of WMIHC’s common stock under the 2012 Plan to outside directors. On August 13, 2013, 686,273 restricted shares of WMIHC’s common stock were issued under the 2012 Plan to outside directors. The restricted shares vest in three equal installments commencing on the date of grant over a three year period (subject to continued service as a director through each vesting date and subject to certain stock ownership guidelines in which the director must at all times during service on the board hold shares of WMIHC’s stock equal to 50 percent of the aggregate number of shares awarded to the director as director compensation and that have vested, and such shares may not be sold without the prior approval of the Compensation Committee). Effective February 10, 2014, we increased the number of shares reserved and available for awards under our 2012 Plan from 2 million to 3 million shares of WMIHC’s common stock and issued 250,000 restricted shares to members of our Corporate Strategy and Development Committee and our Chairman, Michael Willingham. We issued these shares relying on Section 4(2) of the Securities Act, and Rule 506 of Regulation D thereunder
Director compensation has three components:
(1) annual cash retainer for board service;
(2) annual cash retainers based on committee chair positions and committee membership; and
(3) annual restricted stock grants. The annual cash retainer for board service was $100,000. Annual retainers for committee or chair service include:
(i) $10,000 for each non-Chair member of the Audit Committee;
(ii) $10,000 for each non-Chair member of the Corporate Strategy and Development Committee;
(iii) $5,000 for each non-Chair member of the Compensation Committee;
(iv) $5,000 for each non-Chair member of the Nominating and Corporate Governance Committee;
(v) $50,000 for being Chairman of the Board;
(vi) $25,000 for the Audit Committee Chair;
(vii) $25,000 for the Corporate Strategy and Development Committee Chair;
(viii)$12,500 for the Compensation Committee Chair and
(ix) $12,500 for the Nominating and Corporate Governance Committee Chair. All retainers were paid in quarterly installments, in advance, on the last day of the prior quarter. WMIHC also reimburses directors for their travel expenses for each meeting attended in person; however, reimbursement amounts are not included in the totals above.
-------------------------------------------------
My question for allllllll of the above is this !!!!!!!!!!!!!!
WHERE'S OUR M/A,MW&CREW
Bluee
While I applaud your tenacity, I must add that dilution was always going to happen here , now on another note the lower the PPS the MORE we get diluted , now who would benefit from the lower share price, I can think of a few who would
Take care bud-Ts
The more the PPS drops, The more it will cost for said M/A (whenever, iffen)
Ts
Bluee
It's simple arithmetic, we need the A/M now if not sooner and it will make the prior obligation Wait much easier for future payments iffen any IMHO.
WHERE'S OUR M/A, MW!!!!!
KKR & Co. L.P. Completes Acquisition of KKR Financial Holdings LLC
http://www.marketwatch.com/story/kkr-co-lp-completes-acquisition-of-kkr-financial-holdings-llc-2014-04-30?reflink=MW_news_stmp
April 30, 2014, 5:01 p.m. EDT
NEW YORK & SAN FRANCISCO, Apr 30, 2014 (BUSINESS WIRE) -- KKR & Co. L.P. KKR +0.82% and KKR Financial Holdings LLC KFN -2.37% today announced the completion of KKR’s acquisition of KFN. Common shareholders of KFN, at a special meeting held earlier today, voted to adopt the merger agreement entered into on December 16, 2013, pursuant to which common shareholders of KFN will receive 0.51 common units of KKR for each common share of KFN.
The votes in favor of the merger constituted a majority of outstanding KFN common shares as of the record date of February 26, 2014, including a majority of outstanding KFN common shares held by record holders other than KKR and its affiliates. Approximately 98% of the KFN common shares represented at the special meeting voted in favor of approving the merger.
“Our balance sheet is one of our most strategic assets. Through the KFN acquisition, our book value increases to over $10 billion as of March 31, 2014, and our firm is better positioned than ever,” said Henry R. Kravis and George R. Roberts, Co-Chairmen and Co-Chief Executive Officers of KKR. “In addition to adding scale and diversification, KFN’s assets bring us greater balance sheet liquidity and yield, which will benefit our unitholders through both an increase in recurring distributions and more capital for growth.”
KFN is a subsidiary of KKR following the completion of the merger. KFN’s perpetual preferred shares and senior notes, which are listed on the NYSE, as well as its junior subordinated notes, remain outstanding securities of KFN.
About KKR
KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation at the asset level. KKR invests its own capital alongside its partners' capital and brings opportunities to others through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about KKR & Co. L.P. KKR +0.82% , please visit KKR's website at www.kkr.com .
About KKR Financial Holdings LLC
KKR Financial Holdings LLC is a specialty finance company with expertise in a range of asset classes. KFN's core business strategy is to leverage the proprietary resources of its manager with the objective of generating both current income and capital appreciation. KFN executes its core business strategy through its majority owned subsidiaries. KFN is externally managed by KKR Financial Advisors LLC, a wholly-owned subsidiary of KKR Asset Management LLC, which is a wholly-owned subsidiary of Kohlberg Kravis Roberts & Co. L.P. Additional information regarding KFN is available at http://www.kkr.com .
SOURCE: KKR & Co. L.P.
KKR Investor Relations
Craig Larson
+1 (877) 610-4910 (U.S.) / +1 (212) 230-9410
investor-relations@kkr.com
or
Media Contact
Kristi Huller, +1 (212) 230-9722
kristi.huller@kkr.com
Copyright Business Wire 2014
"We should have done at least 3 of those by now."
Yep, Yep, N Yep
WHERE IS OUR M/A, MW!!!!!
Ts
drrugby
"That's how things work"
Sure ok ! GL
PEACE-Ts
Olti
No worries on that!!!!!!!!!!!! I don't think they would let you on the block of the hotel lolol
;~) Ts
Do U really think they are going to let anyone besides them selves near the gold mine, U could put Mickey Mouse down and they would not let him near the gold mine lol.
Just take a peek at the BODs fees and cash paid($115,/$163, besides the shares 100,to add to the rest of their loot) alotted, no way, that doen't mean one should not try regardless if one choses, But!!!!!!!!!!!!!!!!!!!good luck with that, my friend
PEACE-Ts
Lets see how well they have done for themselves and add the share COUNT value BELOW with todays PPS ALONG WITH FEE'S PAID IN CASH
Holder -------------------------Shares---Reported
DAVIS EUGENE I -----------363,193 --Feb 10, 2014 x3
WILLINGHAM MICHAEL-----347,696 --Feb 10, 2014 x3
RENOFF MICHAEL J ------ 313,193 --Feb 10, 2014 x3
GLOSSMAN DIANE BETH --313,193 --Feb 10, 2014 x3
SCHEIWE STEVEN D ------ 263,193 --Aug 13, 2013 x3
-------------------
Hmmmm? Ts
DIRECTOR COMPENSATION FOR FISCAL 2013
2013 Director Compensation Table
The following table summarizes information regarding director compensation for the non-employee directors of the Company during the fiscal year ended December 31, 2013.
---Fees Earned or PAID IN CASH ///STOCK AWARDS/ TOTAL
Michael Willingham --- $163,125 --- 100,000 --- 263,125
Eugene I. Davis --- $130,000 --- 100,000 ---230,000
Diane B. Glossman ---$111,250 --- 100,000 --- 211,250
Timothy R. Graham ---$108,250 ---- 100,000 --- 208,750
Mark E. Holliday --- $126,250 --- 100,000 --- 226,250
Michael Renoff --- $110,000 --- 100,000 --- 210,000
Steve D. Scheiwe --- $118,715 --- 100,000 --- 218,715
(1) On August 13, 2013, each director received a grant of 98,039 shares of restricted stock, with each such grant having a fair market value of $100,000 as of the grant date.Narrative to Director Compensation Table
Director compensation has three components:
(1) annual cash retainer for board service;
(2) annual cash retainers based on committee chair positions and committee membership; and
(3) annual restricted stock grants. The annual cash retainer for board service was $100,000. Annual retainers for committee or chair service include:
(i) $10,000 for each non-Chair member of the Audit Committee;
(ii) $10,000 for each non-Chair member of the Corporate Strategy and Development Committee;
(iii) $5,000 for each non-Chair member of the Compensation Committee;
(iv) $5,000 for each non-Chair member of the Nominating and Corporate Governance Committee;
(v) $50,000 for being Chairman of the Board;
(vi) $25,000 for the Audit Committee Chair;
(vii) $25,000 for the Corporate Strategy and Development Committee Chair;
(viii) $12,500 for the Compensation Committee Chair and
(ix) $12,500 for the Nominating and Corporate Governance Committee Chair. All retainers were paid in quarterly installments, in advance, on the last day of the prior quarter. WMIHC also reimburses directors for their travel expenses for each meeting attended in person; however, reimbursement amounts are not included in the totals above.
Each Director also received an annual restricted stock grant issued pursuant to the Company’s
2012 Long-Term Incentive Plan (the “Plan”). The value of the restricted stock grant was based on an annual value of $100,000. The number of shares in the grant is based on the fair market value of the Company’s common stock as of the grant date. The board determined that the fair market value should be determined based on the trading of the Company’s stock on the OTCQB Market. The trading closing value as of the grant date of
August 13, 2013 was $1.02 per share, resulting in a grant of 98,039 shares per director. In 2013, our board upon recommendation of the Compensation Committee adopted a policy that the annual restricted stock grant to directors will, subject to availability of sufficient shares reserved under the Plan, be automatically granted without any further action by the Compensation Committee or board to each outside director elected by the shareholders to serve another term on the day of our annual meeting of the shareholders, at a stock price equal to the closing price of our common stock on the OTCQB on the grant date.
The 2013 restricted stock grant vests in three equal installments on March 19 of each year over a three year period, subject to continued service as a director through the vesting dates.
The 2013 restricted stock grant will be fully vested on March 19, 2016. The shares also immediately vest in the event of a “Change of Control,” as defined in the Plan.
Directors are subject to stock ownership guidelines that require each director must at all times during service on the board hold shares of WMIHC’s stock equal to 50% of the aggregate number of shares awarded to the director as director compensation and that have vested.To monitor the guideline, board members are not permitted to sell shares without Compensation Committee approval.
-----------------------------
SO MUCH FOR THAT BSSSSSSSSSSSSSS THEIR ONLY TAKING SHARES TO BE COMPT FOR THEIR HARD WORK, YEAH RIGHT!!!!!!!
Soooooooooooooooo where the F is our M/A deal show me our $$$$$$$$$$$$$$$$$$ n share$$$$$$$$$$$$$$$
Ts
KCC has info
Ts
nranger
The 'fair and reasonable" just! depends on what side of the fair and reasonble your on thats all,WHEN U consider MW.part time job(IMHO) got 347,696 shs @ $3.30=$1,147,396.80 for a possible $200,000.00 investment of his choice (IMHO)IT MIGHT NOT SEEM UN-FAIR n UN-REASONBLE TO HIM and lets not talk about MR Davis 363,193 shs lol.
all shares mentioned are on file and the PPS today as of this post
Ts