News Focus
News Focus
Followers 50
Posts 16740
Boards Moderated 0
Alias Born 08/29/2007

Re: the_pyramid post# 431685

Friday, 08/07/2015 10:29:58 AM

Friday, August 07, 2015 10:29:58 AM

Post# of 749756
Love it!!!!

No test. No 3.5 bln. No secret. Just call it Occam´s razor.

As stated above, the Escrow CUSIPs were established for any potential distributions of shares of WMIHC common stock. The only source of common stock available for any such a distribution would be from the 2.9 million of shares remaining on deposit in the Disputed Equity Escrow. Specifically, the Escrow CUSIPs do not, in and of themselves, entitle their holders to any possible future cash distributions from the Trust, WMIHC or the Federal Deposit Insurance Corporation (either in its corporate capacity or as the receiver for Washington Mutual Bank).

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today