Monday, January 23, 2017 4:26:02 PM
This is your post:
Here is a link for ya Muyuan SPAC
"WMIH is a SPAC controlled by KKR with $6B of NOLs."
http://seekingalpha.com/article/3779416-wmih-corp-top-pick-2016
If you had read my post you are referring to thoroughly and fully, you would have realized that this "source" - Troy Racki on Seeking Alpha (SA) means NO serious and credible source to me concerning WMIH, as I wrote:
"Troy Racki, SA:
12/28/2015: WMIH Corp.: A Top Pick For 2016 !
I'm trusting dentists in repairing teeth far more than in predicting stock rallies that never come !"
This isn't the first piece of Troy Racki on SA where he is wrong in WAMU/WMIH !
This guy's seriousness and credibility as a source to me is similar to those individuals, bringing Companies, M&A's, IPO's,et al. in connection with WMIH just based on the fact that coincidentally some numbers ($24B) and dates (12/31/2016) in their PR's, SEC filings are the same as expected for WMILT/WMIH .... In short: Those Comps.,M&A's, IPO's, et al. have NOTHING to do with WMILT/WMIH, NULL, ZERO; ZILCH !!!
And by doing this for whatever reasons these individuals mislead average MB posters and create false hopes ! I really do not think that is right !
Just as a reminder what I'm talking of:
Reinsurance Agreement between AIG Partners and Berkshire Hathaway Unit -> allegedly $24B will be paid to WMI by NICO (National Indemnity Company) !
A merger between AETNA, INC. and HUMANA, INC., two health insurance companies -> linked to WMIH for the contractual "drop dead" date was December 31, 2016 !
Some IPO's like Blackstone Group's Invitation Homes or Deutsche Bank Asset Management Unit -> WMIH could buy them AFTER(!) IPO !!
And the best is the assertion -> "DELL already used the other 32bil of the banks NOLs from WMB " !!!
In general there seems to be some addiction to DELL !
In short:
Troy Racki ,individuals producing the above stated and a lot of other "sources" mentioned in my yesterdays post are not credible and serious to me when I'm talking about WMI/WMILT/ESCROWS/WMIH !
I prefer to use KKR, WMIH, SEC-, or KCCLLC-filings, PRNewswire as well as posters doing honest DD with all associated links as well respected, credible and serious sources for my own DD !!
So, as I nowhere found the explicit and express designation of "WMIH is KKR's SPAC" I'd like to invite everybody interested once more to present a link from a serious source about this allegation to me, because after all I do not believe that WMIH is a SPAC for KKR only !
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