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Re: soundincrest post# 438506

Thursday, 10/15/2015 9:09:23 AM

Thursday, October 15, 2015 9:09:23 AM

Post# of 732469
GRANT THORNTON is not about escrows...

...or any other assertion.

...they want to be paid.

...for work they did re: California tax matters.

...it is right there in the docket link provided.



...jeeeeeeeeeze.

...and regarding WMIH authorized shares, one consideration IMO would be because they manage the annual Delaware franchise tax under the alternative "assumed par value capital method" (for which such amount at the WMIH stated par will not exceed the other factors re: the "issued" shares and minimize the franchise fee); yet retain the availability of shares for other purposes. IMO, the other purposes could be for compliant (IRC 382 change of control limitations) use in merger or acquisition, or for reverse splits to elevate the PPS to more acceptable levels on the NASDAQ, or other.
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