~ WMILT = The Original Debtors Estate = the WMIH Target ~
That simplicity ? remains to be an accumulation of my own conclusions, my own opinion, and the reason that I remain heavily invested here on many parts of WaMu ... (markers, subordinated debt, and WMIH shares)
so far ? nothing has changed and nothing negative has actually occurred, other than the ... wait' ... also, let me add that WMIH-Corp has TWO subs, ... WMIIC and WMRRC ... This is important ...
This is simply part of the lenghly process moving forward, ... Currently, we don't know how long it will take for the FDIC to return non-WMB assets to the Debtors Estate, it could happen at any time now, moving forward, it could be a matter of a few days or still months' ... Again, as I have said, I see no more obstacles, now that we are beyond the P&AA(s) termination
As a brief consideration, ... on the surface, taking the minimum amount of information made available to us (retail participants) into consideration, ... it appears the true believers in an eventual positive recovery, are in very, very good company' ...
Citi and KKR, as publically traded companies, with their own responsibilities, would have performed extensive market analysis on WMIH-Corp prior to entering into our current and in place financing agreement' The now completed, 1/5/2015 Rights Offering
Our current BOD's would not have found it necessary to secure the specific talent acquired with the hiring of the two new guys'
WMIH-Corp has now completed its required move to Delaware
WMIH-Corp has now increased its available share count to 3.5 billion shares available
The Company(s) 2015 Proxy, updated and now current since the shareholder meeting refers to Company forward moves, that do not require shareholder approval
... and' ... for a reason still unknown, ... the shareholder meeting was moved up to 4/28/2015, and these company moves, were mandated to be voted on ? approved ? and completed by 7/5/2015,
I'm watching for an 8-K, and a reveal of WMIIC(s) importance and the role it will play into our future moving forward, ... also, ... The 3/24/2015 ~ WMILT(s) ~ press release, had purpose' ... WMIIC = the other Washington Mutual Bankruptcy Filing ... One was for WMI and one was for WMIIC ... Filed symultaneously
AZ
