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Re: Boris the Spider post# 454722

Wednesday, 06/29/2016 1:08:21 PM

Wednesday, June 29, 2016 1:08:21 PM

Post# of 730828
~ Boris', Yes We' Agree on Basic's, The Outline ~

... (I will provide the relevant filing and text at the bottom') ... Regarding this WMIH-Corp move forward that everyone is waiting for' ...

In My Own Conclusions and Opinion, and, considering many parts of an obvious multi-tasked operation ...

As ... LG' ... has put together, I follow the numerous series of transitional events which occurred in 2015' ... along with both ... You' and LG's continued presentations, ... and ... I add in my own study and research of the actual process planned for this now reorganized company' (WMIH-Corp) ...

of which the eventual Approved Plan' was reworked, to properly include TWO needed' general unsecured classes, (class 12 & 18) ... First ? ... the WMI creditor class issues, ... then the WMB Bonds, class 17(a&b), ... then ending with Equity class Estate ownership'... class 19 & 22 obviously' included in the final and ending participation ...

I believe the "discussions ceased" as stated' ... due to an issue of something' that was expected to happen ? did not' ...

I also believe the "relevant events" will be reasonably simultaneous' ... for the eventual need'

For the WMIIC / WMI' Parent Corps returning "illiquid assets" to be managed' ... a servicing platform would be needed', ... we already secured the managers' F&G' (the new guys) ...

Again, ... the returning income earning MBS' and Certificate security's would need a servicing platform ("with respect to an operating division of a public company.")

Already cumulated income returning "cash" is a simplified distributions, ... utilizing the WMI-LT in its designated function as a Pass-Through, ... abiding by the Approved Plan 7's revealed distribution mechanics' ... a # 1;) "cash" ... distribution method' ...

AZ

"During the three months ended September 30, 2015, the Company identified a potential acquisition opportunity and participated in a competitive sale process with respect to an operating division of a public company. However, we were not able to reach a definitive agreement for the transaction and discussions ceased on October 13, 2015. The Company expended time and resources to explore this potential acquisition, including the incurrence of reasonable fees and expenses for financial advisory, legal and consulting services. We expect that the majority of these fees and expenses will be recorded in the Company’s financial statements for the period ended September 30, 2015 and will be reflected in the Company’s upcoming Form 10-Q to be filed in November."

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=10953539&RcvdDate=10/13/2015&CoName=WMIH%20CORP.&FormType=8-K&View=html
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