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February 13, 2018 hurry!
Look at the reason behind it. They want to sound more Personable to Lure in more Millennials. There's a video over a minute and 40 seconds long explaining the reasoning behind the name.
They do whatever is best for them.
Yes you are correct, it is in better shape, it's no longer Empty. At first the ride was extremely bumpy, but after 10 years of learning from "You All", I did my fine tuning and now I'm Enjoying the Ride. Thank You! You also Enjoy, hope to meet you and many others when the time comes...
These, "In the Dark Predictions" only sets up Most small Shareholders for disappointment and more bashing for their failures on Capitalizing. What happens if it drops to $1.25($15.95NSM)
Are You Ready for That?
BBANBOB, I got this from NationStar's press release.
Nationstar shareholders will own approximately 36% of the combined company and WMIH shareholders will own approximately 64%.
I Too, found his Presence Here "Suspect"!
Also, Do You Really Think THEY DID ALL OF THIS FOR A $10 STOCK???
ASK YOURSELF!!! WHO PLANTED THAT SEED?
LG, I Thank You As Well. There were many days when I was going Bananas and Your Post Helped with either leads, encouragement or just a positive message when it was really needed.
Thank You 2!
AZ, thank you for All of what you do. I truly Appreciate It. I still would like to Thank You in Person some day and Give That Hog you had mentioned way back when on the yahoo board.
To my understanding, Non accumulative means no accumulation of Dividends. Period.
Yes there is, the 1031 Exchange explains it All. The Assets are Recognized but they are Not Realized. They Are There.
Also look at the Origin of the Exchange and exit of Bankruptcy and then look at the Origin of NationStar and birth of Mr.Cooper
Is it Coincidental or just Chance, now that I wonder...
I noticed that as well, nothing on NPB either.
Yes I heard that at the meeting as well. By chance did you attend the meeting?
Newflow, they did not give a specific timeline but did insinuate that it will be sooner than later. If that helps.
My Apologies Mr.Penny, I should have asked if there were any message board members so I could have thanked you personally.
One of the Shareholders ask the CEO for Pizza. That was the inside news.. lol
BBANBOB, were you at the meeting? I did attend.
They used the 1031 Exchange for that. Look there(1031 Exchange) that's where it's hidden, the value is Recongnized but not Realized. Also it keeps the Assets from being Taxed.
Thanks HM..
I see where you're coming from but on a FDIC memorandum of September 2015 and it clearly stated right under the pie graph "THIS EXCLUDES WAMU ASSETS OF $299 Billion" so what are they referring to? It's an official document.. This is no backhanded dig, just a question.
Let me read some more.
I think May 31, 2018 is the deadline for WMIH to apply for the Nasdaq Global Select Market.
Jerry, from the Receivership to the Trust, from the Trust to Us...Rules of Economics..
AZ, thank you for this Valuable Information, but Man, you just gave me more Homework.
1031 exchange was created a year before, This Was Planned, Plain & Simple!
With The 1031 Exchange the Assets are Realized but they are Not recognized. So they(Assets) are there but in order not to pay taxes they Are Not Recognized. Also in Order for the Merger transaction to be Done Properly the Assets may be liquidated for cash but they have to be placed in a Qualified Intermediary to hold. The tax payer can never have his finger prints on the cash- not to spend, not to borrow against nothing. The tax payer has 45 days to identify a replacement property and complete a form with the identification information. After that th tax payer has a short time to close on the replacement property, for which the funds in the hands of the qualified intermediary may be used, if done exactly right the taxes are deferred. It there in the writing. This was Planned way before, why create the Exchange 2 years before declaring Bankruptcy?
The WAMU EXCHANGE 1031 consolidation of the subs had to happen in Order to keep the Tax Ownership and if done correctly, the Taxes are deferred. NOLs..
Thank You Johnny..
Thank you Justice, I really appreciate you taking the time and posting this valuable information.
This is nothing New, so called Disgruntled Shareholders make some Noise, the stock that is valued at $18-$23 takes a dip and is brought down to $16 or maybe lower, they buy more and Sell once It Rallies closer to merger date or upon exchange get more shares or cash upon finalization of the merger. It's Economics and a Game I See Them Play Time After Time..
No I do not but I have so many numbers and dates that at times the memories come in fragments but eventually I'll piece it together. Year 2004-2005 that's when It Peaked. (KMRT) Please do not quote me on exact numbers. I may be off a tick or two.
It actually hit a low of $11, then bump to $15 and the it went up $100 plus
I think it was a year or year and a half.
$21 to $281
It's For their own Protection, it's easier to deny knowledge of information, than to explain non public information that legally does not pertain them. Yes it's frustrating but it is what it is, and time is the price we have to pay. It eventually will come back to us and more. We are already a part of it and the merger is just the beginning. We Survived Bankruptcy(a rarity itself), got funding, found a Merger Partner and Now Project Eclipse...
That's Because WMIH has nothing to do with WMILT. Escrow is a WMILT Problem not WMIH's.
And if your going by rumors and speculation let me tell you to stop because it will drive you crazy, mad and you'll always be disappointed. Just Be Patient, Aaron, we just passed second base.
$1.888 Billion, not the same Amount
Maybe if you would have Listened to the Wording of The CFO, when he was Explaining Why the Reasoning Behing the Low Share Price, "It Is Beneficial To The Company"... Not to mention, the Share Price Manipulation and Accumulation over the years. Thanks To ASTOCK and Many Others, I was Able to Listen to All Bankruptcy Proceedings.
And Yes, I Am OFF My ROCKER!
The Value Will Come! You Must Be A Fool If You Think They Are Going To Show The Real Value Upon Announcement of A Merger.
I Don't Know About You But A Merger is A Big FaUking Deal, We Are No Longer EMPTY SHELL.
Like I Said, The Board Was At Work! THANK YOU ALL!!!!
Thank You, Thank You, Thank You!