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~ Again MBK', ... Those Individual "Life" Occurrences ?, Are Obviously "Sad", But They Are Individualized as Well', and Separate From What The Company, WMI now Reorganized Has Done ... Now ? of Course as "COOP" ~
just sayin'
AZ
~ Just Point Proving', "who" Has Not Read or Understands The WMI Reorganizations Actual Docket and SEC Documents' ~
... in lieu of' ... ? ... LOL' ... the Reorganized WMI, first into WMIHC, now into WMIH as COOP ... ? ... Has OBVIOUSLY Been A Money Maker' ... Choices' ... Right ? ...
Thanks Judge Walrath and Thanks KKR' ... This Has Been A Great "Investment" ... and ?, has more to go' ...
... the key has been, that the "Debentures" Have Never Been Remarketed' ...
just sayin' :)
AZ
~ Yeppers', And a "fwew", WMIHC's now "COOP's" Missed Opportunity's ? ~
... Obviously' ... at each level, buying opportunity's have been shown to ALL' ... LOL' ... Do Your Own DD' ... and "Participate" ? Accordingly' ... LOL' ... or not' ... right ?
just sayin' :)
AZ
~ Yeah, There Are Always Those Ever Famous "If's" ... Right ? ... "If This ?, If That ?', If Only ?', ... Well ? ... That Ain't How The System Works' ... "WMI Reorganized", First Into WMIHC, and now into WMIH, trading as Symbol "COOP" ... and' Has Been NO Different' ... The Opportunity's Have Been The SAME' For ALL' ~
... its a tough world' and financial market' ... "it is what it is"
just sayin'
AZ
~ Been 100% Consistent', and Pro' Judge Walrath Since 2008' and fortified in 2011', ... Also For MANY, MANY, MANY, YEARS' NOW', Yes, Since 2017' and Forward, ~ "Watch The NewCo' WMIH, now symbol "COOP", It Is The "Tell" ~ ... ~
... nothin new ...
Makin' Money (yes, a lot of money) Along The Way ?, ... was a no brainer' ... First as WMIHC, and now as WMIH as symbol "COOP" ...
... Thanks Judge Walrath and Thanks KKR ...
GO COOP', GO COOP', GO COOP' ...
just sayin' :) ... "its all good" ... its just choices' ?, right ?
AZ
~ Only COOP's BOD's Get A Say' ... No One Else ~
The Company's BOD's Have Always Managed Everything'
just sayin'
AZ
~ Yes, Regarding The Release of Interest ?, The Requirement for a Company's Common Share $50.00 pps IS DOCUMENTED', That Is Obviously now "COOP", "COOP" Common Shares, Are Currently Representing The Reorganized WMI Holding Company' ~
and' ... "The Debentures HAVE NOT BEEN REMARKETED" ... That's The Key' ... ~ Know What You Own ~
for the release of accumulated interest to begin ?, the $50.00 pps is one trigger ?, ... or a continuation out to May 2041' is the alternative ... I believe "WE" are close ... at least the holders of the 968's are anyway ... COOP Could Easily be at or above $50.00 very quickly' ...
just sayin'
AZ
~ After A Continued Review', A Possibility' ?, and', In My Opinion ?, "COOP"s Common Share "price", Needs To Hit $50.00, and then plus' 60 days', before the WMI Cap Trusts' "Debentures Interest" Withheld, Can Be ? or Will Be "Released" Back To An Original Releasing WMI Common', Now Represented by the DTC Issued ESC Cusip # 939ESC968 ~
The "always kept WMI BK separate", WMI Capital Trust was a Protective "poison pill' For WMI's Creditors (point 2), and WMI's Common Shareholders (point 3) of its Liquidation Preference "to be activated" In Case Of' ... WMI's BK is listed as one of the "In Case Of's" ... obviously activated on 09/26/2008' ...
... the issued' ESC 992's and 84's for a released Fixed Income Bond, ?, are subservient to the production, both income and loss', WMI', now the WMIH Preferred Managing Sub' ... and the (WMIH) "COOP" Present Tense BOD's as the Managers For The Company' ...
GO COOP', GO COOP', GO COOP' ... "COOP" Is The "Tell" ... the Holding Company's BOD's, both past and now present tense, ... ALWAYS Managed Everything' ...
... AZ Doesn't Guess' ... AZ presents opinions and conclusions based on the WMI Documents' ... which are numerous, both as placed on the BK Docket and now as SEC Submitted ...
Enjoy ... it shouldn't take to long for COOP to hit a $50.00 pps' and above' ... with what ?, ... only some 75,000,000 shares currently out ? ...
just sayin'
AZ
~ Kbrocks', Of Course' I Remember You, I Hope You Are Doing Well' ~
... 400 "COOP" shares ?, Absolutely, That's A Great Position To Have In The Company ...
Okay, Here Goes, ... I believe that WMIH as COOP', has a tremendous upside to it, that has not even taken hold quite yet, but will very shortly' ... remember, ... the Company, is still only reporting using ... NationStar Mortgage LLC., ... as our only operational subsidiary' ... again, that will be updated ...
I'm conservative on my napkin math returns for the 84's the 992's and the 968's ... ? ... however I'm just the opposite for "COOP" which as you and I both know has moved from the $5.00 (ish) pps range, back in early 2020' to now closing at $41.00 ... not bad huh ? ...
In My Opinion ?, ... by 2021's Year End ? ... I believe COOP will double up from where "WE" closed at yesterday ... and' ... the outstanding will be corrected, ... SO, YOU (and me) May Have a bit more COOP' than WE have today ... :)
... YES' ... COOP's pps and outstanding, Is NOT A FULL DEPICTION OF THE Company ...
Have A Great Day,
AZ
~ Well ?, "those that want to ?", Enjoy Today's "hunt", My WMIH "COOP" Holdings ? Are Lookin' SWEET' (yeppers, All Freebies ? and worth a lot'), Just Checked' ... ~
anyhew' ...
COOP ?, Yeppers, "COOP" will continue to move ... UP' ... after the Holiday' ... "it's all good" ... (got stuff to do)
just sayin'
AZ
~ That Is Correct', ... "WE" Just Need For The CURRENT "WMIH" COOP, BOD's To Get This Started, with the Utilization of the Original WMI "Debt Collateral" ~
The WMI Capital Trusts "Three Point Liquidation Preference" activated on 09/26/2008 ... Had Imbedded within it, ... A "Poison Pill" protection for WMI's Creditors (point 2) as well as for the WMI Common Shareholders, (point 3) ... In Case Of' ... (now plan 7' release represented by the DTC's Issued ESC Cusip # 939ESC968) ...
Well ?, one of the "In Case Of's" Listed ? ... was in the event that the WMI Holding Company found the need to file for Bankruptcy Protection ...
... The Rest ? as they say ? ... Is Now History' ... (it's been a long road) ...
... Yes, a tremendous amount of sloppy, sloppy, sloppy and poorly ?, or never researched material has been "guessed" about ...
GO COOP' ... :)
Thanks Judge Walrath, and Thanks KKR' ...
AZ
~ PLEASE', NO MORE COOP' GUESSING' ... Just Enjoy The "COOP" pps Increases and Profit That HAS OBVIOUSLY BEEN Available To "Everyone", Ever Since The WMI 2012' Reorganization ~
~ Know What You Own ~ ... and ... COOP', COOP', COOP', yep as AZ' posted, ever since 2017', ... ~ HAS BEEN the "Tell" ~
just sayin'
AZ
~ Thanks Brother' The WMIH as COOP', Company's SEC Reporting Has Been "Amazing" To Follow ~
... and ?, ... as of August of 2021 ? ... these last TWO 8-K's have been nothing less than ... WOW' ... a CEO having an Uncle Leo' ?, and a KKR specific buy-back ? ... again, WOW
The (Feb 2018) 2nd Private Rights Offering, that revealed the ASSET VAUES of WMIH, to the carefully CHOSEN' (Lead Arrangers, Affiliates, etc.,) ... that issued the SECOND and / or ADDITIONAL'' Series of "Secondary Dilutive Shares" ... was when the outstanding shares being reported, was a bit squirrely, got a bit "jiggy" ...
That's why "WE" Just saw the specific 8-K KKR Buy Back, ... oh, and LOL, that ol' Jay didn't know about either' on the Friday before' ... ? ... just sayin' ...
... Honestly old friend ? ... I'm just excited that "WE" are moving forward ... AZ doesn't need to watch the sausage being made, ... Just gimmee a couple of em' with onions and mustard' and a bottle of pop' ...
the numerous plan misunderstandings, and group rabbit hunts, have produced ZERO' ... (obviously) ... BUT ? Our Current BOD's will get this thing DONE' ...
its all good'
Have A Great Day ... later' ...
just sayin'
AZ
~ WMIH as symbol "COOP" Has Been A Money Machine' ~
being distracted by misunderstood wording in a plan, that was obviously misunderstood ?, and now LOL' having been implemented some 9 plus years ago ? way back back in 2012 ? ... has been a "CHOICE" ...
no debates or arguments from AZ, ... the 2012 Reorganized WMI, 1st to WMIHC, and now to WMIH as symbol "COOP" has shown a positive investor result' ... and has allowed for profit on more than one occasion' ...
... I CHOOSE', to follow the Company's SEC Submissions, ... I've "Understood" what the Plan stated for the WMI Holding Company's Court Approved Reorganization ...
"CHOICES" ? ... everything' ? ... is always about CHOICES' ...
Thanks Judge Walrath, and Thanks KKR, ... Ya'll always made sense to AZ' ...
"it is what it is" ... The BOD's Is Managing The Company ?, ... and ... "COOP" Is Rockin' :) ... GO COOP ...
just sayin'
AZ
~ WMIH, now symbol' "COOP"(s) Outstanding Share Reporting' Sequenced', per the WMIH / now symbol COOP' SEC Submissions ~
https://www.sec.gov/Archives/edgar/data/933136/000156459018004269/wmih-10k_20171231.htm
The aggregate market value of the registrant’s voting and non-voting common equity held by non-affiliates, computed by reference to the last sales price ($1.25) as reported by The Nasdaq Stock Market as of the last business day of the most recently completed second fiscal quarter (June 30, 2017) was $258.4 million.
As of February 28, 2018, 206,714,132 shares of the registrant’s common stock, $0.00001 par value, were outstanding.
February of 2018', The 2nd Private Rights Offering
https://www.sec.gov/Archives/edgar/data/933136/000156459018012955/wmih-10q_20180331.htm
206,714,132
(Outstanding at May 1, 2018)
https://www.sec.gov/Archives/edgar/data/933136/000156459018017756/wmih-10q_20180630.htm
"Outstanding at July 26, 2018 216,664,908"
On 08/29/2018 The Akin Letter'
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165769636
On 08/29/2018 The C Smith Letter'
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165769930
https://www.sec.gov/Archives/edgar/data/933136/000119312518262233/0001193125-18-262233-index.htm
On August 30th, 2018 As of the S3ASR, an additional 468,243,933 WMIH shares were registered ...
https://www.sec.gov/Archives/edgar/data/933136/000093313618000014/mrcooper0930201810-q.htm
"Number of shares of common stock, $0.01 par value, outstanding as of November 2, 2018 was 90,813,598"
=============================
So, ... "WE" were SEC Submission being shown, a total amount of registered WMIH shares just prior to the R/S ... of 468,243,933 newly registered shares per the S3ASR, then added to the last July 26 2018, 10-Q Reporting of 216,664,908 outstanding ... for a total of 684,908,841 shares SEC Submitted ... and YET ? ... some 1,089,763,176 shares were Reverse Split in October of 2018, ... showing as of November 2nd 2018, a reverse split share amount of 90,813,598 ...
... Now ? ... per the recent 8-K, our CEO has had an Uncle Leo ...
and, all the time, the distractions and the rabbit hunts have been ongoing' ...
Yep, There's More To Come ... "COOP" is @ $41.00 ? ... GO COOP
AZ' Has Been Making MONEY, A Lot' ... Ever Since WMI Implemented its Reorganization in March of 2012', ... 1st as WMIHC, and now as WMIH, symbol COOP' ...
Thank You Judge Walrath, and Thank You KKR ...
just sayin'
AZ
~ And Then ?, DON'T Miss This, IF' ? One Is An Actual "COOP" Investor', and A Current "COOP" Position Holder' ~
... Same Date, ... August 29th, 2018 ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165769636
August 29th, 2018
United States Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Attention: Erin Purnell
Re: WMIH Corp. (the “Registrant”)
Request for Withdrawal
Registration Statement on Form S-3 (File No. 333-225683)
Ladies and Gentlemen:
Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended (the “Securities Act”), the Registrant hereby requests the consent of the Securities and Exchange Commission (the “Commission”) to withdraw its Registration Statement on Form S-3 (File No. 333-225683) (the “Registration Statement”), as initially filed with the Commission on June 15, 2018, together with all exhibits thereto, with such request to be approved effective as of the date hereof or at the earliest date hereafter.
As a result of the successful completion of the merger of Wand Merger Corporation, a Delaware corporation and a wholly-owned subsidiary of the Registrant (“Merger Sub”), and Nationstar Mortgage Holdings Inc., a Delaware corporation (“Nationstar”), whereby Merger Sub merged with and into Nationstar, with Nationstar surviving as a wholly-owned subsidiary of the Registrant, the Registrant has determined that it has obtained well-known seasoned issuer status subsequent to filing the Registration Statement and is now eligible to register its securities under a Registration Statement on Form S-3ASR. Due to the change in status, the Registrant intends to file a new Registration Statement on Form S-3ASR.
The Registration Statement was not declared effective and no securities were sold in connection with or pursuant thereto.
We understand that the fee paid in connection with the Registration Statement will not be refunded, but request that, in accordance with Rule 457(p) under the Securities Act, such fees be credited toward the new Registration Statement on Form S-3ASR that the Registrant intends to file with the Commission.
If you have any questions with respect to this matter, please contact Alice Hsu of Akin Gump Strauss Hauer & Feld LLP at (212) 872-1053. Thank you for your assistance in this matter.
United States Securities and Exchange Commission
August 29, 2018
Very truly yours,
WMIH CORP.
By:
/s/ Charles Edward Smith
Name: Charles Edward Smith
Title: Executive Vice President
cc:
Alice Hsu, Akin Gump Strauss Hauer & Feld LLP
Elizabeth Giddens, WMIH Corp.
~ That's Right, TOO Many "WMIH" Shares, trading as symbol "COOP" Were Reverse Split In October of 2018 ~
As I've Posted, The 2nd Private Rights Offering, Issued a SECOND Set' of ... "Secondary Dilutive Shares" ...
August 29th, 2018
WMIH Corp.
8950 Cypress Waters Boulevard
Coppell, Texas 75019
Re: WMIH Corp.
Registration Statement on Form S-3
Ladies and Gentlemen:
We have acted as counsel to WMIH Corp., a Delaware corporation (the “Company”), in connection with the Registration Statement on Form S-3 (the “Registration Statement”), filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Act”). The Registration Statement relates to the offer and sale by certain stockholders of the Company (the “Selling Stockholders”) named in the Registration Statement of up to 468,243,933 shares of the Company’s common stock, par value $0.00001 per share (the “Secondary Shares”) pursuant to that certain Registration Rights Agreement, dated January 5, 2015, by and among the Company, Citigroup Global Markets Inc. and KKR Capital Markets LLC, as amended by the First Amendment dated January 5, 2018. The Secondary Shares may be sold or delivered from time to time as set forth in the Registration Statement, any amendment thereto, the prospectus contained therein and supplements to the prospectus pursuant to Rule 415 under the Act. This opinion is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Act.
We have examined originals or certified copies of such corporate records of the Company and other certificates and documents of officials of the Company, public officials and others as we have deemed appropriate for purposes of this letter. We have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals, and the conformity to authentic original documents of all copies submitted to us as conformed, certified or reproduced copies. As to various questions of fact relevant to this letter, we have relied, without independent investigation, upon certificates of public officials and certificates of officers of the Company, all of which we assume to be true, correct and complete.
Based upon the foregoing, and subject to the assumptions, exceptions, qualifications and limitations set forth herein, we are of the opinion that the Secondary Shares have been duly authorized, validly issued and are fully paid and non-assessable.
The opinions and other matters in this letter are qualified in their entirety and subject to the following:
A. We express no opinion as to the laws of any jurisdiction other than the General Corporation Law of the State of Delaware.
B. This opinion letter is limited to the matters expressly stated herein and no opinion is to be inferred or implied beyond the opinion expressly set forth herein. We undertake no, and hereby disclaim any, obligation to make any inquiry after the date hereof or to advise you of any changes in any matter set forth herein, whether based on a change in the law, a change in any fact relating to the Company or any other person or any other circumstance.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name in the Prospectus forming a part of the Registration Statement under the caption “Legal Matters”. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Act and the rules and regulations thereunder.
Very truly yours,
/s/ AKIN, GUMP, STRAUSS, HAUER, & FELD LLP
AKIN, GUMP, STRAUSS, HAUER, & FELD LLP
~ Hey Tacoma, Well ?, I'm More of a Why "6" Failed, to Judge Walrath's "7", the BK Docket and NOW ?' To The Reorganized WMI, now trading as "COOP" Kinda' Guy ~
... So, ... ? ... Many of those Trusts That Are Being Referred To ?, Have Become "Trackable" ... I've posted about them before' ... So', ? ... in my opinion ? ... the "Trustee(s) would have to be' pickin' and choosen' who is getting the "REPORTED" Distribution Returns ?, ... Distributed every 25th Day of the Month again as reported ? ... I DOUBT IT" ... myself, ...
That's like a few of the "groups", ... they decide on a result and reverse engineer the "guess" into a process that appears' to provide their cock-a-mammie result' ... LOL' ... (its going on again as we speak' LOL)
Here's the skinny ...
Are The DTC Issued ESC Cusips Issued to you for your release' showing Individually in your account ? ... individualized by an 84', a 992' or an ESC Cusips 939ESC968 that YOU owned & Released ? ... or, any combination of your original released original ownership of WMI ? ... if so ?, ... then your good' ...
Have you Chosen to ride the pps increases since 03/2012' of, 1st WMIHC, and now to WMIH as COOP ... ? ... then cool as well ... right ? ...
It's All Good, ... "it is what it is" ... and simplified ? ... the Reorganized Company is Rockin' ... and ... not to get to technical ? ... BUT', ... the Company is a bit bigger than ... NationStar Mortgage LLC., ... being used as our only operational sub, ... and for a good ol' fashioned hearty laugh ? ... our CEO just 8-K reported an Uncle Leo' ...
Take it easy brother, ... COOP is Rockin, and those 968's are going to provide some serious gravy' ... That WMI Cap Trust Was a creditor and common shareholder's poison pill ... :)
just sayin'
AZ
~ Looks Like ?, Yep, Looks Like Lots of “COOP” Profit and Free Shares ~
… sounds ? … nope, no whining sounds, nope none of those ?, not at all …
LOL’ … Keep on goin’ COOP
just sayin’
AZ
~ Pete, Yes I Read Your Presentations and Found Them To Be "VERY" Interesting ~
... I believe "Bill" Has Done A Superb Job ...
I had a basic understanding of the JPMC Indemnification Clauses' (plural) as well as the steps that began, back in 2008' after the seizure of the Bank WMB ...
... Not to sound like a "smartie pants" ... but ?, the direction that I went as a WMI Investor', ... ? ... was becoming involved with the WMI Holding Company's Bankruptcy's, ... it's eventual Court Approved Implemented Reorganization on 03/19/2012, ... and then the Company's SEC Releases Since' ... Truth be told ?, there has been more than once that I have jumped HARD', and then held my own stones for awhile until the STOCK began to move again ... wiping of forehead' ...
I stopped lookin' for righteousness after Nam' and simply have learned ?, and used the systems' ... for profit' ... both as a business owner as well as an investor' ...
The WMIH' / now COOP Process and steps taken ever since latter 2017 and 2018 ? ... Have Been Staggering, Inovative ?, and in my opinion ?, riding very close to the sun' ... the recent 8-K example of the CEO' having a memory lapse (an Uncle Leo), from what was stated in early 208 ? ... without a concern of violating SEC Rule ? ... was ballsie' ...
Anyway, ... My COOP Holdings are all Free ?, and WORTH a lot ... So, In My Opinion ? ... while I wait for the company to USE' the Original Debt Collateral ?, and their need to use my ESC Cusips ? ... I'm good to go, watching "COOP"s pps rise ... GO COOP
Take Care
AZ
~ "later", No One' Can Have ANY OF AZ's "COOP", shares', "now ? ALL freebies, and a lot" 7 digits worth ... Methodically Acquired Since The 2012 WMI Reorganization ... ~
... Yeppers, ... ever since COOP broke the $38.00 pps ? ... AZ has been excited to see the value of "COOP" in the "4" ol' AZ accounts' ...
Thanks Judge Walrath, and Thanks KKR ... Thanks A Lot'
GO COOP', GO COOP', GO COOP ... :) ...
just sayin'
AZ
~ There's Always Going To Be Someone' That IS NOT USING "Cash" for "COOP", and then Believes a Stop Loss is a Good Idea' ? ~
in my opinion ?, its just a case of "lazy" ... no money ?, and no DD ? ... just the get rich quicker's ... ? ... (kids') ...
... wealth ?, in the, and using the market ? ... isn't achieved like that ... ya gotta use CASH', DD', and Stones' of Granite', to roll with these guys ... (the AZ Rock)
... So Far ?, So Good' ... (The 2012 Reorganized WMI, 1st to WMIHC, now to WMIH as COOP ?, Has Done WELL' for AZ ... Yeppers, VERY, VERY, WELL', ! ... and' ... my ESC Cusips haven't been used ... YET' ... ) ... yep, for what I'm still owed' ... :)
just sayin' :)
AZ
~ Agreed', "COOP" Collects The Easy Stop Loss Pickins' From the Weak', Not Using Cash Accts', Every Morning (or ?, during the day) And Then Moves Methodically ~
"They try to sCOOP up every share they can get IMO"
~ Come On Baby' (COOP), Show ol' Uncle AZ What Ya' Got ~
... You ain't gotta be quiet any longer, ... Lots of "US" that followed the BK' Docket, and READ The Company's SEC Submissions, since The Reorganization ?, oh, and don't go on (group) rabbit hunts LOL', already KNOW That ... "NationStar Mortgage LLC.", ... IS NOT Our, ("COOP"s) Only Operational Sub ... (yep', that was' sort of ingenious and funny, BUT it's Time to stop foolin' around)
... Yepperini', ... AZ Knows, KKR Knows, The Participants in KKR's Second "Private" Rights Offering" Know ... and a whole lot of "Affiliates" and "Institutional Investors" Know' ...
Oh, and its okay to do something with that "COOP" outstanding share count ... ? ... now that', That ?, has been fixed up back in early August ... Yeppers, to many shares were reverse split back in October of 2018' ... OK den' ...
GO COOP', GO COOP', ... If Ya'll want to use that Original WMI Debt Collateral ? ... You ALL Know What You gotta' do ... later'
just sayin' :)
AZ
~ Yes9', Yeah Right ? "COOP" HAS (obviously) BEEN Doin' Great', right ? ~
... It's all of this continuous, non-stop, rabbit hunts' ... that distract from the ACTUAL INVESTMENT ... and the "COOP" SEC Filings', ...
It's Basic ...
WMI "Reorganized" and never tapped into any of its Asset Values', or their Financial Production, to complete the Courts Approved Plan, Using Only its Cash & Tax Refunds ...
So, an Original "Participant" Is Still Owed All Of The Interest Generation That Was Withheld, ... PER Ones CHOICE of Released Ownership, now of course, that interest has accumulated for quite awhile' ... that's why the 75/25 ratio's were not ever accurate beyond the now "Finished" ... "wmi-lt" ...
... IF ?' ... one CHOSE To Own ALL P's (992's) ? ... Then live with the interest that those have been able to produce ... the same for a released K' (an 84') ...
and the same application for an owner of WMI itself, by releasing common shares, ... now by the holding of ESC Cusip 939ESC968' ...
"The Company Has Always Managed Everything" ... Everything' ... So, In My Opinion, when the WMIH as COOP', Current BOD's decides to use some of that original WMI Debt Collateral ?, ... again, due to the Reorganization ?, the withheld Interest will be paid ...
Its All Good ... GO COOP, GO COOP, ... Among Many Things, (An Outstanding Share Correction, and a Financial Acknowledgement of the Entire Company, etc., etc., ? ... I'm also watching for the announcement of another "Acquisition", needing a Debt Offering' ... Rock On' ...
Yeppers, I agree with BarChart' ... WMI', Reorganized into WMIHC, then to WMIH ? (symbol COOP) ... Is A Financial Monster' ...
just sayin' :)
AZ
~ "Nothing", There Is NO Relationship, That IS Exactly What I Said', and Have Been Saying' ~
"What would being a current holder of Coop shares have even remotely to do with being an escrow holder unless the escrow holder just happens to also own COOP shares. There should be no relationship"
~ DM, Why Would You Conclude That ?, ... I Totally Disagree ... "IF ?" The Current COOP', BOD's COULD SOMEHOW Eliminate the Inclusion of an Original Releasing Owner of WMI Reorganized ? ... You' (and me) Would Have Been Gone Long, Long, AGO ... That ? is exactly what the "2" failed 6's Tried To Do ? And Obviously Failed' At', Long Ago' ~
However, ... The True Reality Is IMPORTANT ... in lieu of all of these rabbit hunts' ...
"Yes", I Strongly Believe (obviously) That Everything WILL BE "Fair & Equitable" as Judge Walrath Promised' ... whether a person is a current COOP position holder or not' ... ALL That Is Currently Required ?, and was originally needed ?, was to follow Judge Walrath, and Release To "Participate" ... the next steps, the Judge COULD NOT Control, ... and that was the individual CHOICES' people made to ... "Participate" ...
... Participation In The Reorganized Company ?, ... Be It WMIHC ?, or WMIH ?, or COOP ? Ever Since 3/19/2012 ?, ... Has Also Been A Choice' ... However, Ones DTC Issued ESC Cusips ? now, Received For Ones Participation in Judge Walrath's Plan ? so very long ago ? ... ARE SET IN STONE' ...
After The September Opinion ?, and Completion of the Judge Walrath Mediation Ordered ?, ... I Bought Everything WaMu That I could acquire "EVERYTHING" ... simply because at the time ?, I simply wasn't totally sure', I refused to listen to the rabbit hunting ("mb's") (and chose' multiple irons in the fire, everything') ... and I released a lot of 968's, 992's and 84's ... heavy with the man in the room, MW' in commons released ... I actually released more 968's than him, and know of others as well, that released big, big, 968' numbers ...
anyhew'
AZ
~ And That ?, Is An Honest Question', ... However', First One Must Acknowledge That The Company Itself, Be It WMI', or now, all these years after the Reorganization, WMIH as COOP's BOD's, ... "Always" Decided The Financial Ability' For "The Company" To Pay Out a Dividend to a common share ?, or to approve of a Fixed Income Quarterly Earnings to A WMI Fixed Income Bond ~
... Then go deeper in the Company's current 10-Q and 10-K releases, ... and understand the SEC allowances that have been utilized for ... "NationStar Mortgage LLC" ... to have been allowed to be utilized as the only financially relevant reporting subsidiary' ... ? ... NOT' ... NOT REALLY
... it began with Predecessor / Successor Accounting Allowances, ... as Jay Brey files an 8-K on the 24th without any concern of being in violation of Rule 10b5-1 ...
... Everything' ... Is About To Change' ... "Everything" ...
AZ
~ Yes You Are Correct, Beginning with the WMI’ “First Day Filings”, I Closely Followed The 2’ Attempts To Get a version of “6” Pushed Through … I Wasn’t Completely Sure of the company’s investment future, Until Judge Walrath’s “September Opinion”, Released in September of 2011’ Of Course, Became Posted on the WMI Docket ~
That Singular President Setting Ruling, Set The Future of the Reorganized WMI’ as well as WMI’s Releasing Equity Classes … thus, the purpose for my stating for many years … ~ Understand Plan 6, “Participate” In Plan 7 ~ …
”We are at the mercy of the BOD's and it appears THJMW wanted it that way when she chose not to close out escrow shares per BR request”.
~ IDK', I've Been Consistent', ... COOP', COOP', COOP', Is The "Tell" and the Holding Companies, "wmi-lt" HAS NEVER MATTERED To A Plan Releasing Participant' Holding Secondary Market Purchases of a WMI Common, or a WMI Fixed Income Bond ~
"it is what it is"
AZ
~ That Is Correct', and The Company's BOD's, Whether the Original WMI' ?, or now, reorganized into', WMIH (as COOP) Make Those Distribution Decisions' ~
... It Is The Company, and its BOD's, That Manages ... "Everything" ...
just sayin'
AZ
~ Just Like The WMI Reorganizations' Plan's Mis-Readings, and the Recent PLR's Incorrect Conclusions, etc., etc., etc., ... None Of These "new rabbit holes", Have Anything To Do With The Possibility of Any Future Distributions, Able To Be Done By The WMI Holding Company's, "wmi-lt" ~
Direct From A "REAL" Insider ... "The Washington Mutual Inc., Chapter 11 Estate Is Without Value" ...
... WMI, 2012 Reorganized, now, currently as WMIH / symbol COOP, has given everyone the exact very same ... "profit opportunity's" ... everyone'
... IF' ? ... and ... WHEN' ? ... The Company decides to tap the Debt Collateral Currently Available ? ... THAT IS THE "WHEN" ... the DTC's Issued ESC Cusips will be utilized to return any accumulated interest still owed, to an original Plan releasing participant, ... Due To WMI's "Reorganization" ...
"it is what is is" ... and' ... WMI to WMIHC, now to WMIH / COOP ?, ... Has Obviously Been Doing Well ... Track Record Proven' ...
just sayin'
AZ
~ Again', Just Simply' More Sloppy & Incomplete "Rabbit Holes", Just Like The Plan's Mis-Readings, the "wmi-lt"s Function Mis-Understandings, ... and the Recent Incorrect PLR' Conclusions', etc., etc., etc., and, Always The Same "group" ! LOL' ~
The ... WMIH / "COOP", SEC Submissions, HAVE SHOWN THE WAY', Of The Company's Forward Moves', and the Profit Opportunities, Since, the WMI Reorganization as WMIHC in 2012' ?, and then as WMIH since 2017 and Forward' ...
The WMIH / COOP BOD's Are Running The Company' ... period' ... "everything else, regarding the ESC Cusips', will take care of "itself" ... "specific to form" ...
Keep on Goin' COOP ... lookin' good ...
just sayin' :)
AZ
~ "Everyone", For The Entire Time', Has Had The Very Same Exact Opportunity', Institution or Individual Alike', "CHOICES" ~
... Thanks To Judge Walrath in 2012' and Thanks To KKR in 2017 and 2018' ... The Reorganized WMI', ... 1st as WMIHC, now to WMIH, as COOP', ... Has Done Very, Well ... a proven track record ...
just sayin'
AZ
~ Well ?, So Far So Good' ? right ? A Pretty Good Track Record Actually ... "aya" lost how many attempts again LOL ? ... since 2017' ? "COOP" Will "Tell" Everyone', ... The WMI PMI Insurance Sub (WMMRC) Is Done, (10-K & now PLR Verified) ... as well as the "wmi-lt" Is Done, (REAL Insider' & Court Order Verified) ... ? ... right ? ... so, not bad' actually, not bad at all' LOL ~
... WMB Notes Need To Be "DIRECT" "Accredited Investor" Owned', ... and Holdings Must Be' Finra' Compliant" ... prior to the Receivership Closing, and WMB completing its move to JPMC ... yeppers, mine are perfect' ...
"Everything" Has Always Been "Specific To Form" ... there are no more class considerations ... The WMI Plan for its Reorganization was Implemented ? and Has Now Been Completed' ... now released ownership is ESC Cusip specific to an 84', a 992' ... or, ESC Cusip # 939ESC968 ...
~ Know What You Own ~ the Company, and our Current BOD's, ... WMI, now as WMIH trading as symbol "COOP", Has Always Had The Ability To ... "Manage Everything" ...
GO COOP' ...
just sayin' :)
AZ
~ Nice', Just Like The Large Buys at the Close ?, The Morning Stop Loss Take Outs', Can Also Be Expected, (WMIH) "COOP" Will Continue To Methodically Flourish' Upward' ~
... There's More To Come ... A Lot More' :) ... an obvious money maker' for "COOP" position holders' ... it's just another CHOICE' ...
the current outstanding available share count ?, at this $38.00 / $40.00 (ish) ?, is really humorous, all things considered' ... :)
(disclosure, never been a chart investor, ... always OG', Docket Reveals and SEC Submissions', old school)
just sayin'
AZ
~ Yep, Simply' More Sloppy & Incomplete "Rabbit Holes", Just Like The Plan's Mis-Readings, and the Recent Incorrect PLR' Conclusions', etc., etc., etc., and, Always The Same "group" ~
The ... WMIH / "COOP", SEC Submissions, HAVE SHOWN THE WAY', Of The Company's Forward Moves', and Profit Opportunities, Since, the WMI Reorganization as WMIHC in 2012' ?, and then as WMIH since 2017 and Forward' ...
The WMIH / COOP BOD's Are Running The Company' ... period' ... "everything else, regarding the ESC Cusips', will take care of itself" ...
Keep Goin' COOP ... lookin' good ...
just sayin'
AZ
~ That Is Excellent' XOOM, I am Truly Pleased ... Investment Gains or Losses Are Always About A "CHOICE", "Always" !, WMI Reorganized, now into symbol "COOP" Is No Different' ~
"But I am also investments that have gained 600% in the past 4 weeks"
~ WMI's 2012 Reorganization' Now, Into WMIH, as symbol "COOP", HAS Already Provided The Very Same Exact Investment and Profit Opportunity's For "EVERYONE", Institution and Individual Alike', WMI "Reorganized", Way Back In 2012' ~
... "Fair & Equitable" ... Thank You Judge Walrath and Thank You KKR' ... the amounts of participation individually available ?, are relative' ... It's Just Another "CHOICE" ...
~ Yep', Wealth ?, is Cool, contrary to the alternative', But ?, It Takes Work, Hard Work ~
I've simply never come across a job that pays for whine' ... LOL ...
"it is what it is" and ?, it's ALL GOOD' ... GO COOP', GO COOP', while waiting' for what's "obviously" coming :)
just sayin' :)
AZ
~ I'm Good Boris and Thanks', WMI's 2012' "Reorganization" Has Truly Been Good To ol' AZ', ... AZ's "COOP" Holdings' Are Currently Providing An Investment' Increase of Some 500% Plus' Over The Last 9' Years, Ever Since 03/19/2012 and The Days Of "WMIHC" and Forward, From Initially Some $200K' In Investment Costs', To Now Have Recovered' Any Loss', and To Thankfully Then RE-Cover Any Original Loss', ... and Now' ? Thankfully Holding Over A million$$'s In FREE "COOP" Shares' @ $38. ~
...
"Steadfast AZ"