~ You Are Welcome, LG' ... my own DD ~
continues to lead me to an ultimate conclusion of a "stock for value" event between WMIH-Corp and the owners of the "Original Debtors Estate" (the releasing participants and holders of (-esc) escrow tracking markers) ... and then a WMIH announcement of a forward split to equal out the existing board members share accounts with the two new people coming on deck at a qualified action' ... (a four or five to one forward split' evens out the field) ...
As you know, ... I believe the framework for the massive values of Washington Mutual to be secured within the illiquid assets, held in WMIIC at the time of seizure, ... The other WMI Bankruptcy, (WMIIC(s) ) planned for a future reemergence within the eventual plan approved reorganized corporation (the newco) ... During those early days in 2008' ... an equity participation or even an equity's existence, was never a consideration ...
In September of 2008 ? ... neither the FDIC, nor JPMorgan wanted the ending and Plan approved reorganized company, ... we all now know what their individual goals were, ... however, ... the snh's were needed', and promised the award of the reorganized company for their assistance ... again, we all know what happened, and how they' ultimately ended up having to share the result with us' ... the releasing equity participants ...
In September of 2008 ? the future of a reorganized newco was an unknown, ... but an obvious gamble on the future, the snh's were eager to take ... thankfully, ... we, equity are now also included'
In My Opinion, ... the future looks very bright ... especially, for those that listened, trusted, released, and are paying very close attention'
Good Luck to Everyone'
AZ
