Monday, October 12, 2015 5:14:30 PM
as we all watch the stock being held in this very, very, tight range with the utilization of four decimal point platform moves'
all that have been around here for a long time understand that there is an obvious event on the near horizon' ... considering all of the things that have occurred now in 2015' for this shell corp that hasn't actually changed since March of 2012'
The 12/31/2014 WMIH-Corp 10-K stipulates to the BOD's share award allowance to be increased from 3 million shares to 12 million' shares ~ or a multiple of 4 times (currently the BOD's hold between 350m shares and 400m shares) ~ (for now ? I am not even considering the new guys awards of 1,777,XXX shares received for an outer ring actionable event' ... that is obviously cart before the horse)
if one merely considers the BOD's ~ as things are now'
So' ... my conclusions are the stock price is being held here' at the $2.60 or just below range to maintain continuity with the BOD's last stock award given at exactly $2.60 ... this eliminates any question regarding prior knowledge of an event' soon to come ...
Again, The way I figure this moving forward' ... the price will hold steady right here' in this $2.60 trading range' up to and until there is a "reveal of value" ~ cash and illiquid asset ~ released by the WMI Liquidating Trust / simultaneously with a WMIH release of it's forward actions necessary to obtain the ownership of these illiquid assets' ... (cash is an easy and straight forward distribution to the owners' of the estate')
WMIH-Corp will not use it's current financing agreement, which would is a - debt / dilution structure' (we are paying a coupon on the money, so contrary to some' ... this is a debt structure' and if the B's transition ? the company suffers dilution) so nope' on using the financing agreement initially' the company is still to weak and fragile as merely a shell corporation'
... but instead WMIH-Corp will utilize the only vehicle of value that it has' ... "shares within itself 3.5 billion total allowed" ... as it notify's of a "stock for value" event between WMIH-Corp and the WMI Liquidating Trust ...
we have just watched the share distribution system work with the Trust's recent release of the 1.4 million share overage' ...
once the "share for value" between WMIH and WMILT has been realized ? ... then the stock price will begin to rise' under a normal circumstance ...
my conclusions lead me to believe a four multiplier of a participants transitional shares to begin with' ... and the company will have utilized an additional 800m shares above the original 200m issued at the reorganization' ... totaling, 1 billion shares of WMIH-Corp out' and issued
AZ
Recent COOP News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:07:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:36:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:33:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:28:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:26:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:24:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:22:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:19:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:17:44 PM
- Xome Democratizes Real Estate with Launch of DIY Sales Platform, No Agent Required • Business Wire • 05/22/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 10:47:32 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/15/2024 12:11:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 12:12:48 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:22:09 PM
- Mr. Cooper Group Reports First Quarter 2024 Results • Business Wire • 04/24/2024 11:00:00 AM
- Mr. Cooper Group Announces Two New Senior Leaders • Business Wire • 04/23/2024 01:00:00 PM
- Mr. Cooper Group Inc. to Discuss First Quarter 2024 Financial Results on April 24, 2024 • Business Wire • 04/05/2024 03:37:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:34:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:05:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:04:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:03:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:01:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 10:59:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 09:28:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/14/2024 09:15:59 PM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM