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Yes,you're missing the most important piece:doing business to make a profit.Did you look at the earnings last couple of years.Then you also understand why most banks saw their stock run these same last years and NSM did run from 18 to 18 these last years.So you're missing something yes.
Wonder if the promised billions will show up this month.
Didn't you tell us all here we were gonna get distributions on the 25 th of the month???Still waiting for my first one.Glad I had some Piers that brought in some profits.
Strange you don't know by now 9/26/2018 is a day like any other and sure isn't of any importance regarding our case.Fdic may take 9/26/2028 to close the case without notifying anyone.
We can not even hold $1.40 ;this really is a sick POS with 11 directors,officers and directors and only 4 employees.I think the merger will not even take place in the end.
Nobody cares about the gifting except us equity but we are not at the table anymore except Willingham but he only cares about himself.And he is getting paid very well to keep quiet.
FDIC is not afraid at all;they can do almost anything they want.The question you should ask yourself:why is there after almost 10 years not an accurate list of assets(scrivenor's error lol).So after 10 years the owners of WMI still have not seen an assetlist and FDIC gets away with it???Very powerfull indeed.It Always comes back to "The whole bank".FDIC made a mistake and we have to pay for it.JPM got Wamu and all assets from WMI starting at point where the waterfall reaches equity.Remember Rosen famous line:"No money for equity".Just contact them and ask for the mystery billions.
FDIC already told us loud and clear 95% of what they had is now distributed.No more billions with the FDIC.And if you don't believe that,just contact them and they will tell you one more time;NO BILLIONS TO DISTRIBUTE!!!
Stop believing all the nonsense;Eclipse is NSM and was used just to keep it secret to the market as long as the deal not completed.And nothing is gonna happen at 3/31 as there are new dates now for the deal:second half of the year.
people keep talking about distributions,there isn't gonna be on except from WMILT(a small one),so stop waisting your life waiting for one.
Oops,we have another date by Large 3/31 will be the final date for the billions to go home.I'm already waiting for the next date after 3/31 passes and no billions came to us (except for the on excisting Nols we already know of).
Wow,big buys at $3.25,we're almost back where we were trading couple of years ago when the Dow was at 15000.(in our dreams)
Nothing to explain here,They'll pay off the loan with the (small profits) NSM is making.And with the use of the (non existing??? lol)Nols the money for paying off these loans will be a lot bigger. No problem here.
Is the money already in our accounts??
Large Green Monday, 09/11/17 04:56:19 PM
Re: None 0
Post # of 513643
***Let's Have a Little Fun***When JPM's 645 Million Moves So Does OTHER People's Money***
My prediction is JPM's settlement money moves between Thursday, September 14, 2017 AND Tuesday, September 19th, 2017
So, remember when JPMs 645 moves so does other peoples money and my view is the very least Brokers will be notified around this time of pending money transfers who in turn notifies account holders...YEAH
Did we get the DB 600 million yet???
Strange we have to give away 34% of NSM when we are so rich we could have bought it 100% with "our restricted cash".Hmmmm,the restricted cash.
Restricted cash:cash that can only be used for qualified aquisition,not cash coming from distributions that never happened.
Is the 600 million from DB already in for WMIH.After all WMIH is the tell.
Tomorrow being the 5th of march,I expect the 600 million of DB to finally come into our accounts.Unless it is next week 3/5??
Seems everyone here is missing the fact that NSM is trading well above $18.So the market is going for a higher offer.A higher offer by someone else or a better offer by WMIH.
What happened to the 600 million DB settlement money? Did Large and Az hold it themselves??I sure am waiting for the first buck to come into my accounts.
Just cancelled my Ferrari buy I did after they told me here I was gonna be rich on 03/05/2018.Not even a buck in my account so I stay poor and go to work with my old BMW.
Probably the best post of the month(sarcasm):Ceo of NSM that has info WMIH shareholders don't have(lol):
Large Green Friday, 03/02/18 12:08:32 PM
Re: BBANBOB post# 511748 0
Post # of 511937
BBANBOB, yes per CEO NSM Jay Bray, SUPPLEMENTAL information coming in weeks! To me, this is the most important information that leads us to the next value increase for WMIH and MUST HAPPEN before final closing on the pending merger.
So, with that said, my view is there will be a share exchange event which will be that SUPPLEMENTAL information discussing the share exchange event for Escrow ShareMarker owners revaluing WMIH stock to between $6.00 a share and $10.00 a share. This will be the first of say three exchange events.
Remember, those who invested in former WaMu equities, signed timely releases by 3/2012 now own the former assets of the former WaMu estate and MUST be purchased from those who now have Escrow ShareMarkers in their accounts for releasing the Perps.
As I told you numerous times:the final payment was already done .Except you made a mistake:it was not to us but instead by us.And there is not gonna come a dime from the DB settlement as we are the investors in these securities.No notice of coming distributions,no money nothing as you and I are not involved.No 165 billion,no 65 billion no 600 miilion nothing,nada.
WTF???? what happened to the money from dissolving WMIIC???Seems like not a buck is coming from that!!And who did already get his distribution from DB??Should already be in our accounts by now.I smell pig.
Yeah we know about the final payment,it already happened in september 2017,JPM paid us :- 645 million.lol
Februari 26 passed and nobody got a dime into his account,not even a notice of money coming in soon.So the next date is 3/5/2018 for the next big distribution and next date then is 03/15/2018.
ron_66271 Wednesday, 12/06/17 06:25:28 PM
Re: None 0
Post # of 511049
Only Three More Business Days Left Before;
The FDIC must make "the Final Payment" to WMI/WMILT on or before December 12th, hence Dec 11th MAX for "WMB and it's assets", or WMI/WMILT will file litigation to re-open the Case due to the Six Year Litigation Rule. GSA/DS agreement date is Dec 12th 2011.
The FDIC must make "the Final Payment" to WMI/WMILT so the payment can be 'booked' on or before December 15th-ish for "WMB and it's assets" due to the Five Year CG/CL Tax Rule from March 2012. Seven business days left to complete this task.
Hint; James Carrion's Testimony. WMILT needs time to file the CG/CL before EOY 2017.
The WMILT Filed Extension means the WMILT will be ready to litigate FDIC for not fulfilling the GSA/DS and Plan 7.
"the Final Payment" for "WMB and it's assets" is due!
WMILT is due to Dissolve WaMu-1031 Exchange before EOY 2017.
WMIH is due to Dissolve WMIIC before EOY 2017.
That is a lot to complete before Christmas. We finally paid JPM
The board here already told us numerous times no Nols left so how are we gonna use them??We'll have to ask Az how this is gonna play out??No Nols and you want to use them??
I've been looking in to the filings by NSM the last years and these guys do a business but they never make a real profit.Marketcap was almost the same couple of years back than it is now while all the banks made an insane run these last years.It is good to finally take over something but they make no real profit,just revenues.
Sources of financing the deal:? $0.6 billion of cash from WMIH balance sheet
? $0.7 billion of newly issued shares of WMIH stock
(1)
? $2.75 billion of committed debt financing
(2) so it seems to me a lot new shares will come into play here.
I see liabilities of 16,3 Billion.ouch!!
I believe you are right.And we need someone in here to tell NSM board there are no Nols left being the reason for the merger with us.They have to contacy Az so he can explain the misunderstanding about 6Billion in Nols.
I think it is now the time to consider what to do with all the just received ca
There are some well respected(lol)posters here saying WMIH must have assets or otherwise KKR would not give them 600 million;but these guys seem to forget(lol once more) that WMIH has no assets except for the 6 billion in Nols.And KKR controls us completely so they will use the Nols as they want too,so the 6 billion in Nols is worth more than the 600 miilion they loan us.And don't forget they loan us the 600 million with a big intrest.So they make double profit and we????:loose money the longer this goes on.And they can stall it for 20 more years so they have all the Nols for themself.
Ok,seems like we have a new theory after all others failed:we are gonna merge with KKR or we can take over KKR maybe??
Seems like the truth is finally sinking in.The Nols were gone??not at all,it is the only thing we have.The final payment in september 2017???what payment except we who paid JPM for stealing us??And then we have the truth of not using the KKR financing as we won't need it???We even have nothing to say in that as we are totally controlled by KKR.And now we get the truth of a tender offer,not for 50 Billion for for only 3 or 4 billion??The only truth there is;JPM did not get WAMU for 1.88 billion!!!Absolutely:JPM got paid for taking Wamu,and he got paid bigtime with the sudden discovery of 30 billion in apartment loans,the taxs refunds,the visa shares they got and now another 645 million.So mass media telling people they paid 1.88 billion is fake news,they got paid!!!
I didn't know WMIH had a business and was making money,I thought just the opposite:we have no business and are loosing money bigtime to pay these fat pigs for doing nothing.So maybe we should pay him a bit more for doing nothing except milking us dry and by doing so gifting us away to his boss.
Nothing is coming back ,not even the 50M Blackshadow was talking about.The final gavel went down and nothing came into our accounts.The sooner everybody gets it the better.It is not by saying 1000 times that you're gonna be rich,that it will happen in the end.I wonder who has enough money here to start a case against the crooks of A&M for stealing tens of millions and not even do what the court ordered them to do.It is over and done.It is what it is.
What a mo##n:I wonder who gave away half the company for 600 Million???I wonder who just put some KKR crooks as BOD ??As I said:what a mor#n.