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Re: austin01 post# 495843

Wednesday, 11/15/2017 7:03:07 PM

Wednesday, November 15, 2017 7:03:07 PM

Post# of 728727
As I was saying in my earlier posts, I think the key here to the date is the Wamu 1031 Exchange. I believe the safe harbor assets will flow back through WMIIC to Wamu 1031 Exchange corp. WMIH will then need to do a deal with Wamu 1031 Exchange to exchange 3.5 billion WMIH shares for those assets. WAmu 1031 Exchange will then pass those 3.5 billion shares back to escrow by using WMILT as a pass through entity.

Since...

1) Wamu 1031 Exchange is set to dissolve by Dec 31

2) WMIH series B expiring early January and no large volume dumps of big WMIH holders or BOD members as of today

3) Still havent seen an 8k from WMIH regarding NASDAQ delisting notice (monday was 30 consecutive day of WMIH trading under $1)

I think we maybe seeing an announcement of merger by WMIH within a few days. If you dont see an 8k by end of Monday of NASDAQ delisting notice, it is highly probable that the merger has been approved and we are currently sitting in a SEC mandated quiet period.

Unless Wamu 1031 Exchange is extended into next year, I dont think this saga will stretch past 2017.
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