~ Yes, ... I Do, by Years' End ~
I always, always, always, sequence the documents in proper order' and address any and all dual track issues' when putting together the TRUE Process' ... (so, I'll just rattle off a few from memory)
1st: ) ... as I spoke about the R-45 attachment back in 2013' after the first WMIH-Corp yearly SEC report was submitted' (1st, as a 2012' partial year "Q" and then switched to a "K" - ? - whatever, doesn't matter) ... however, what was IMPORTANT' was the reveal of both a Capital Loss as well as an NOL was available to the new company'
don't get me started on that fake (dated) PLR that isn't WaMu, or the ... "gives rise to" ... nonsense ... BOTH ARE LISTED, just some slick wording, that's all' ...
Also, ... to date' ... simply review any newco' SEC submission up to, and including the most recent 09/30/2016 - 10-Q' - and BOTH Tax Allowances, are still available to WMIH-Corp (the details, details, details, are IMPORTANT) ... NOL's are currently being used ? and are also currently unrestricted' (Note 5)
2nd: ) ... as an IRS General Rule, a Capital Loss Tax Allowance, has a usable shelf life of Five Years' ... for WMIH-Corp ? ... the drop dead date for this is March 16th, 2017' ... 5 Years from the release of "WMB and its assets" ... "equity interest" ...
3rd: ) ... according to the WMI Action, and due to the fact that WMI's issues were with the FDIC' ... and, as actually the third party to ... "the Settlement" ... JPMC released with prejudice on 03/20/2012' ... one day after the Plan's Implementation ... WMI' ? ... not so fast' ... because the FDIC hasn't paid up ... YET' ... The Judge requested a "Status Update" on this Core Proceeding on 05/23/2016 from ... The Debtors" ... and the information that She (JMW) received in return ? ... must have been in the affirmative, because she then listed that Adversarial proceeding as (Closed') ...
4th: ) ... Then in the WMIH-Corp released, 06/30/2016 10-Q ? we see that WMIH-Corp reveals that ... It' Is Beginning To Dissolve WMI Investment Corp ...
5: ) ... there is also some, somewhat ambiguous language regarding the partial year considerations and that there is a mandate to maximize the estate as revealed in 2.4 of the GSA'
6: ) ... If' ... the FDIC does not fulfill ... "the Settlement" ... by way of its agreed upon payment to WMI' ... which initiates WMI's allowing for the separation of ... WMB and its assets" ... from the WMI Taxing Group ? ... the FDIC will be considered to be ... "In Contempt Of The Plan" ...
There is a whole lot more, but I'm sure you guys get the picture' ...
Yes, ... Times UP' ...
AZ
