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Thanks Floating.
Eastern time? If so, any one listening? Anything substantial?
What time is the hearing today?
Well they're not doing crap about it. 4 years approaching.
Those guys are losers that can't get a deal done.
Fully agree.
It does show that the BOD are losers that can't get a deal done after 4 years.
It's because the BOD are morons that don't know the time value of money.
That's not a good thing having 3.5B shares. You're diluted to never never land.
That's because the amateurs that are running WMIH can't perform.
Sad thing is, we haven't even had one in close to 4 years!
Of course people want it now especially with those that have been saying day in and day out that it should be happening any time now, as it's been 7 years for goodness sake.
They're parking funds.
Thank you sometimes_right! I've been saying that for the longest time to those celebrating a WMI-CPMK merger. After all this time, to implement an acquisition such as that would be an immense, and I can't stress this enough, immense disappointment.
Yes but who takes 3.5 years to get something done? Whatever deal that's going to happen, if it even happens, better take into account that 3.5 - 7 years that this entire ordeal has taken.
Voo, we've all been saying that WMI is great for the past 7 years lol.
I'm not going to sugarcoat it but it doesn't look good.
Disgusting is right JB. 2 new guys coming on board and immediately receiving approximately 1.8M shares or about $5M each and still nothing.
There are no ducks in a row. There's not even a semblance of anything occurring.
Screenshot it.
Yea I've been wondering that for 7 years now.
Mike sucked at being chairman but is having Davis any consolation since he is the hedgies' guy?
It's less than $1M and isn't significant, what's your point?
I agree. After reincorporation, time will pass as usual without other significant news.
If we did it surely isn't in my account. LOL.
I have J's in a scottrade account and it says on 4/20/15 there was a redemption/tender:credit of shares. Does this mean anything?
I feel you and that's why I voted against all of the board's suggestions. I voted for them twice and nothing came from it. As a result, I feel like a sucker. They're not getting my votes any longer.
We're going to hear that they have been diligently searching and have identified over 100 possibilities. However at this time WMI has not executed any definitive documentation.
If the 3 year carry back truly was an issue, why not have the SH meeting on the proceeding March date? Instead it's over a month after, time which the BOD could've used for other purposes. If anything, the BOD are experts in squandering time.
Why not make the SH meeting sooner instead of 5 months into the year? Come on.
If you're as attractive of a company as some on this board thinks you are, it shouldn't be a problem, especially 3 years out of bk.
BTW, they couldn't even raise $1B. $598M was it?
Apparently not.
They haven't even reincorporated to WMIH corp yet after all this time, losers.
How's that?
Cap mark is a POS.
Or, now that we have your signed releases, we can screw you without recourse.
That would take about 50 years to use up the NOLs. Doesn't make much business sense.
They did release it after hours, not sure why.
Evintos, you seem to have a good understanding of the deal. What are your thoughts on it?
Sorry but technicals don't apply here. The only thing that will drive this is news (which we've been severely lacking for a long time). News and corrupt MMs.