Saturday, November 05, 2016 6:44:44 PM
The 10Q states in vague political language...but we all know what they are really talking about. <<WMIH Merger/Acquisition and Escrows.
It says KKR raised Preferred $$$ given to WMIH, to complete a merger by 12/31. Also says if we do not get one by that time other options between KKR and WMIH will be discussed.
Even states WMIH does not own any off balance sheet assets which is true from a certain point of view because the assets have not officially passed over to Escrow yet.
Please read the entire 10Q and READ BETWEEN THE LINES.
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