Sunday, September 13, 2015 9:12:29 PM
We all know that the retail participants are the much smaller percentage of participants here, and the extremely long wait has been grueling on our own regular and normal people' ... Sadly, beyond "lifes" natural occurances, doubt' continuously placed, can also sometimes cause uncertainty and lead to a participant giving in and selling their portion of these very valuable new company shares ... remember, ... there are still only 200m (ish') shares out, available, and able to be traded on the OTC platform since March, 2012' ...
Currently, regarding WMIH-Corp, or either of its TWO designated subs' ... once a forward movement, or any movement, or actionable event is announced ? ... 202m (ish') shares out are literally nothing' comparatively ... and this thing explodes ... ask, our old companion and friend "Tzeebedee" just how tightly this thing is wound'
Regarding the wait ? ... I simply hold on to the known basics' ... The P&AA was fluid until it's 9/25/2014 termination ... contractually placed into process on the 25th, ... the day before' the TWO WaMu BK' filings ...
So, prior to any consideration of equity's consideration or involvement in Sept 2008 ? ... the snh's would have known that nothing could move forward until at a future minimum, ... until, the P&AA's termination (9/25/2014) plus 180 days according to the contract, and then, plus or minus 30 - 60 days' ...
So, ... Then I move forward into what steps have been taken in preparation of a possible event to occur ? ... again, as I shared in an earlier post' ...
From the Jan 5th, 2015' completion of the financing agreement, to the March 24th, 2015' LT(s) Press Release, to the forward movement of the shareholder meeting to April 28th, 2015' to the requirements to be accomplished by WMIH by July 5th, 2015 (now completed) everyone knows the list'
So now ? ... We' all watch and wait together ... Retail participants awarded by Plan 7's allowance to participate ? ... also, and along with the snh's ...
Sometime's now ? I think of myself as one of the snh's ... except in stead of standing for ... "senior note holders" ? ... for me ? ... snh's stands for ... "seriously not happy shareholder" ... why ? because I'm tired of all of the nonsense that we have all been fed' ... however, I remain solid, because I believe in my own study, research, and due diligence, along with the help of many, many more
Good Luck to us All
AZ
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