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We expected this KKR got over 200M common shares converted from series B and warrants, that's a lot of shares.
They can easily do reverse split and leave most here with 1 share. I have seen it happen.
Hey Clay, Did your chart analysis told you this was gonna sink after merger?? Or your crystal ball must be malfunctioning...
https://investorshub.advfn.com/uimage/uploads/2016/10/26/iikhggiphy.gif
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Something HUGE in WORKS??? - Our Case is 10 Years in Making - Could This Be What Article Refers To - Read Article VERY CLOSELY
This is a very good find and thanks goes to goodietime for sharing.
Think how large JPM is and the others in the same league and then think that JPM has only 55 of these individuals/entities which shows how very, very wealthy these people/entities are and how very large JPM is worldwide.
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Article from Bloomberg Magazine:
It’s Billionaires at the Gate as Ultra-Rich Muscle In on Private Equity
In an era of hyper-affluence, JPMorgan and Credit Suisse cater to a super-exclusive class.
By Simone Foxman and Sonali Basak
June 11, 2018, 5:00 AM EDT
https://www.bloomberg.com/news/articles/2018-06-11/it-s-billionaires-at-the-gate-as-ultra-rich-muscle-in-on-private-equity
I thought this paragraph was 'interesting':
"Still, with so much money and influence at stake, bankers are pitching hard. Goldman Sachs Group Inc. has its own list of 60, counting among its clients the Reimann family’s JAB Holding Co. and the Koch brothers’ investment firm. JPMorgan, in addition to its initial 55, is watching several hundred families that are poised to enter this rarefied realm."
"JPMorgan, in addition to its initial 55, is watching several hundred families that are poised to enter this rarefied realm."
NOTE: "is watching several hundred families that are poised to enter this rarefied realm."
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Now, read this statement again and let this sink in!
"JPMorgan, in addition to its initial 55, is watching several hundred families that are poised to enter this rarefied realm."
Now, let me ask a question, considering so how very much wealth JPM is speaking about to be in the rarefied realm, other than the US Government, where in the United States could so much money come from to put "several hundred FAMILIES" in the rarefied realm which OBVIOUSLY has NOT HAPPENED YET?
Now think about a 350 billion dollar seized (5AT payback) organization that was being run under the cover of "legal darkness" for almost ten years (9/25/2008) with monies being segregated in court approved registry accounts for almost ten solid years without interruption.
We know from filings that at least three of these accounts are at Wells Fargo that may be getting very close to dispersing to those investors who signed timely (by 3/2012) releases (could easily be several hundred families) and may be exactly what JPM is referring to BECAUSE, yes, they would have this knowledge unfortunately of who signed timely releases.
********I FORGOT TO ASK ONE QUESTION********
Have I told you lately how much more, more and more I love my Escrow ShareMarkers that continues to grow immensely every single day forward?
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Besides there are only 3 stooges.
u cannot compare AZ with these other folks he is a class act.
that maybe true but is not helping out our pps!! its sinking instead of rising.... even having the NOL's so what good is a NYSE company if it is not bringing any immediate value?
Seems like not a lot of people are betting on this merger. I mean if this was such a hot stock where is W. Buffett?
LOL, thanks Zeke!! for letting us know about the hedgies intentions...
Green do you have any other dates after 8/6/18 yet in case that does not pan out?
or maybe they just mispelled it, POOP?
I need that escrow money to pay off my mortgage.
Homer,what do you expect the new pps to be with those numbers. $1.80 -$1.90 range or do you expect higher due to market sentiment?
But what does forward mean?, Did I just waited 10 years to see a few thousand shares at 1.41 was that the fair and reasonable they were talking about?, because then I would expect another 10 years with the same shitty result maybe we get to $6 by then and in 20 year time we can bag enough to buy a new chevy sedan the basic model, no extras....
AZ is it safe to say if there are any legacy assets or money for escrows that they are not related to WMIH? and do you still think they would be a distribution big or small at a later time?
Good for you, I got no money left to buy more. All the money I have is invested in this Cow...
Yeah,just another day in PAradise!!
WMIH is draining down my life and cash reserves...
Darn,I was hoping we would get more shares before the train left the station.
what if 8K does not show any info on escrows just merger then what is the next theory? LOL
It could be if there are still assets left, WMIH would pay cash for those and eventually the trust will disburse only cash at a later time not allowing the famous S4V theory to happen.
I always knew these BOD %$##@& would not allow us to take a big piece of the pie. I bet they will only give cash distributions when this reaches $20 so we could not make riches.
I would not doubt they give quarterly disbursements so they can make more money off retail and keep screwing us.
AZ,thanks for posting in this time of darkness...
Quote "common stock never has a Face Value". I'm glad you understand that. Did you consider that in your interpretation about the 75%/25% distribution scenario?
Looks like NON-EVENT as usual...
yeah, but is it a Giga Big Mac or a handful of chicken nuggets?
Why is this thing running off the hinges?!!
Zeke,any new info on the hedgies??
Kewl, can't wait to get my hands on that money..
AZ do you expect to receive a notice of distribution for your class 17 WMB notes by the end of this week?
Thanks, for giving your opinion AZ.
Let's make a poll,
How many here think there will be a major sell off at $3 to $5?
AZ, so after July 31 the question is who would be the last one holding the bag? or do you think this is a good long term investment?
Well 9 cents is hardly something to get too excited about but its nice to see some change.
why is it running off the hinges?
LMAO, no he has not!!
Exactly, the only reason I have my escrow now is because I was lucky enough back then to stumbled upon this board and found out I had to send my releases otherwise who knows I might have missed my opportunity.
Haven't you heard there gonna be a lot of rich people up in here...
OHHH JERRRRYYYYY, there has been twice a chance to buy WMIH at around 70 cents we know everyone here has WMIH shares so that point is irrelevant.
The beauty of it is that I have both first class seating and coach class seating I have the best of both worlds and I can get to my destination every which way I want
Have you noticed commons have a lot more seats than preferreds on that plane? That's why they own the plane...