~ Why The WMIH-Corp Holdup ? (my conclusions) ~
The Truth and the documented "links" to the Truth, have now been presented here, and in other related areas' ... now, for some 4 plus years, since March 2012' ...
WMIH-Corp's - (NOL) Net Operating Loss Tax Benefit' ... along with and including' ... The (CL) Capital Loss Tax Benefit' ... was made available to WMIH-Corp' at the WMI (singular) reorganization in March of 2012' and has been properly disclosed in every SEC Filing since 12/31/2012 ...
Only WMI' actually reorganized ... WMI Investment Corp' DID NOT reorganize "due to the fact" that WMIIC's Original Filing for Bankruptcy protection was submitted ... First', and was also filed without any creditors or any debt' ...
WMIH-Corp has already been utilizing the NOL Tax allowances, (Note 5) unrestricted to offset any income' (2015 and 2016) ... The CL Tax Advantage Allowance has not yet been utilized by the new company' ... however, the CL Tax advantage remains intact (re; 09/30/2016 10-Q)
As I have document presented numerous times, only the actual ... "equity interest" ... in "WMB and its assets" has been released to date, ... Along with, the consideration of the actual ... "equity interest" ... in WMI Investment Corp, was to remain with WMI the Parent Corp' (re; Landefeld)
Key ongoing dual tracking litigation, separated from Judge Walrath's Court, ... A study of the ... WMI Action (2009) ... which lead to ... the Settlement (2010) ... between WMI, and the FDIC, (only') ... which then lead to Filing # 5885's placement within the Court's record, (Nov 2010) ... which then lead to WMI's 03/16/2012 completion of its portion of the ... the Settlement ... reveals the entire process, and not simply portions of it'
The FDIC, ... has not yet fulfilled, its portion of the original agreement ... so far ?, because of that obvious financial fact', (reorganized) WMI has not allowed ... WMB and its assets ... to be removed from the (reorganized) WMI Tax Group' ... again, because the FDIC has not yet paid for WMI's property, (sold, without a proper and government' mandated evaluation) ... "WMB and its assets" ...
and, up to and until ? the FDIC completes its original agreement regarding it's payment to WMI for "WMB and its assets" allowing the separation and removal of WMB' from WMI's Tax Group ? ... WMIH-Corp remains in a holding pattern ...
and, as stated on the record' by the WGM Attorney group' ... The NOL' Tax Allowances made available to WMIH-Corp at the reorganization process, ... go away once the FDIC completes the receivership and formalizes and completes the transition of the ownership of WMB and its assets to JPMC' ...
AZ
