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Re: fsshon post# 419944

Friday, 04/10/2015 7:19:40 PM

Friday, April 10, 2015 7:19:40 PM

Post# of 731674
Amen and amen: "2. IMHO: Quit drinking the Escrow share exchange kool-aid. The only evidence that is available (not speculation) that has anything to do with WMIH and WMILT with an equity issue is when the POR7 was approved. 2.9 Million shares of WMIH were setaside to address the D&O claims of certain officers and claimaints that were part of the litigation that has now been settled. LT will also reap about 55M in cash they can distribute too! smile

When the non-settling claimaints appeal to kill the settlement is denied, WMILT will be given the right to release the shares to escrow markers. However with the way the civil court system works this could take months. Better for all involved because LT will have to sell the stock to get the funds to give to LT interests. We should be at a much higher pps by then. If this BOD does what they are required to do via Pref contract language we will be at least doubled by then. That makes the shares much more valuable. "

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