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Re: jerrylev post# 470417

Friday, 01/13/2017 2:33:13 AM

Friday, January 13, 2017 2:33:13 AM

Post# of 735704
The WMILT did NOT acquire anything in Jan 2017. Read the 8-K carefully!

And for further information, read this PR:

Delaware Trust Company Acquires Corporate Trust Business of Law Debenture Trust Company of New York

http://www.businesswire.com/news/home/20160818005565/en/Delaware-Trust-Company-Acquires-Corporate-Trust-Business

The acquisition happened in August 2016. Delaware Trust Company acquired Trust Business of Law Debenture Trust Company of New York, the WMILT didn't acquire anything!

WMIH's Second Lien Notes are there, that's why WMIH's 8-K!

It's interesting that WMILT acquired a supposedly empty shell. And this was just done in Jan 2017.

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- Just my personal opinion, no investment advice! -
- I am long WMIH, FNMA and FMCC -
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