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Now that REALLY tells me how old you are. LOL
You guys are not old enough to remember "Winky-Dink and you". That isa the show that had the plastic screen that you sent away for to help solve the mystery on the show.
Got it Also.Bad Motor Scooter.
If I can contact you... I wouldn't mind following your penny trades.
OOOH, OOOH, I know .... pick me ....pick me ....
(hand raised and waving)
What else do you know about it? You have got my attention.
Carmine_langone,
While I concur with you that they are not the best of scenarios; I am willing, currently, to keep hope alive. LOL. With the Iraq elections finishing up and a more stable government being established; and the contracts that DFSH had negotiated... let us hope that they are trying to get back into the game.
If they can lull us into selling our shares while the Iraqi mess gets sorted out and quietly absorb those shares? IMHO. I am in this as long as they are still trading.
nranger,
I do not post often but lurk. You, however, have brought me to post now. The answer to our dilemma, if we have one, is this: It only matters what the share price is WHEN WE SELL IT OR BUY IT! In our case, unless we sold now while the price has gone down, we have lost nothing.
We are in this game... most of us until the very end of it. Don't you agree?
Chapter 7 - Liquidation
Chapter 11 - ReOrganization
Now, do you get my point?
Are they in Chapter 7 or 11? The article says that they are in Chapter 11.
What is a Chapter 11 BK ?
WATCH THIS VIDEO HE SAYS IRAQ WILL RV AND BIG BUSINESS BOOM!
Found this posted on Lehman message board.
Hope it helps.
thedeac
http://finance.yahoo.com/mbview/threadview/?&bn=e4f35af6-c762-3ab2-a071-1fb6ae6c7fd5&tid=1391175395839-2de2dcbf-4666-4002-9ea7-e5510b025491&tls=la%2Cd%2C1%2C3
SEATTLE, Jan. 31, 2014 -- SEATTLE, Jan. 31, 2014 /PRNewswire/ -- WMI Holdings Corp. (OTC: WMIH) ("WMI" or the "Company") today announced that KKR Management Holdings L.P. and KKR Fund Holdings L.P., subsidiaries of KKR & Co. L.P. (together with its affiliates, "KKR"), have finalized a strategic investment in the Company.
Michael Willingham, Chairman of the Company said, "We believe the investment in our Company by KKR will enhance value for all shareholders of WMI Holdings. KKR has a history of investing across a wide range of asset classes and we look forward to working with the KKR team as we execute on our acquisition strategy."
Tagar Olson, Member and Head of KKR's Financial Services team stated, "We are pleased to finalize this investment and look forward to working with the Company as it continues to grow and diversify its platform. As a long-term aligned capital partner to the Company, we believe that KKR is well-positioned to help build shareholder value."
On January 30, 2014, KKR (i) purchased approximately $11 million face amount of convertible preferred stock of the Company convertible into shares of common stock of the Company for a conversion price of $1.10 per share, and (ii) committed to purchase up to $150 million aggregate principal amount of subordinated 7.5% PIK notes, which may be issued in one or more tranches over a three year period, each with a seven year term from the date of initial issuance (the "Subordinated Notes"), subject to certain terms and conditions. Substantially all of the proceeds from the Subordinated Notes, if and when issued, would be used by the Company to fund future acquisitions. In connection with the commitment, KKR has received five-year warrants to purchase approximately 61.4 million shares of the Company's common stock, 30.7 million of which has an exercise price of $1.32 per share and 30.7 million of which has an exercise price of $1.43 per share. KKR also has the right for three years to participat
Thank you for your info, uwinwithme.
Wayne49,
I appreciate the explanation very much. Thank you.
Thank you JHawg.
Wayne49,
Can you tell me what is the matter with LEHNQ? Is it wise to purchase or what?
YES !!! I remember you ILOVESTOCKS. We were ALL very happy that you took the time to file. Thank you for your new and encouraging post.[color=red][/color]
HAPPY NEW YEAR EVERYONE!!
thedeac
Where did you get that information about the Col.?
A line of garbage on Iraq? On DFSH? which one? Are you holding any of these shares?
Hello.
I am just waiting on Iraq to settle all of its business. My optimism is still very high.
Thank you.
How much is a give away price?
It looks to me like they are trying to do certain things on the QT and don't prefer overexposure at this present time. IMO.
I just called the number for James Giddens and was connected to another person's voice mail. When I called back and explained that Mr. Giddens voice mail was full and could not accept messages; I was then connected to the Lehman Brothers "hotline" where I was able to leave a voice mail. Oh what a web we weave..lol.
thedeac
Thank you Sprattnikie. That was a very well done and researched answer. You see the bigger picture. This stock gets us involved in Iraq from this side of the pond. DFSH is our ticket into Mideast oil with little or no money. The IMF is, as you pointed out, key to the unlocking of this. We wait patiently. DFSH got into this to win... so did I.
As a matter of fact, I am... regarding Iraq and the IMF. Keep your fingers crossed.
The Proof of the pudding is in the eating of it.
Hi Snag,
I am still here in the mix... waiting for Iraq to get permission to get their act together. You are not alone.
I just saw 3600 shares traded at .02. WOW!
I agree... that would be FANTASTIC!!!
Yes, I know what you mean. I bought at .37/ share but I have since averaged down a bit. I think that since it is still trading that there is "life in them thar hills!" I have a bunch of companies that are delisted so what do I know. GLTA.
Spattnikie, there seems to be much going on in Iraq, behind-the-scenes. we are in a great situation, of the only way that you can invest in Iraq, without being there. I am very encouraged! I have not tried to purchase any more because I am not too greedy. And you are correct... there will be no .028 - .03 when it comes together for DFSH. Have a great day and nice talking with you.
I am a long time investor who just averaged down about two months ago when I noticed some trading going on. I am not greedy but think that my 10k will really be worth something. The country that DFSH is really connected to, is finally waking up so I do expect to see some very good things happen for DFSH.
I am, without a doubt.
I saw that also. Let's keep hope alive. lol
Trust me... we will NOT be the only ones here for long.
I believe that there will be some good news after this month is over... just saying...
Well, SOMETHING prompted the 51,000 shares trading and a slight up tick in PPS.
Hey ! Did anybody get some of those 50,000 shares traded today at .025. I hear good news is on the horizon... perhaps.
That's the way to keep it positive, catdaddyrt.