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Tuesday, 11/21/2017 12:27:07 PM

Tuesday, November 21, 2017 12:27:07 PM

Post# of 726891
WMIH Must File 8K Due Expiring Funding on 1/5/2018 Soon Showing The Way Forward or QA by EOY 2017

• Prior actions prove WMIH was NEVER serious about closing a Qualified Acquisition B4 1/5/2015

• WMIH exited bankruptcy 3/19/2012 – Free to make a M/A starting 3/20/2012

• Five WMIH Shareholder meetings followed – Nothing but purposeful delays

• True equity investors made many discoveries regarding FDIC, bankruptcy processes

• Proved beyond ANY doubt FDIC process of “Safe Harbor” which legally SHIELDS assets

• P&AA expired 9/25/2014

• JPM year ending 2014 R203 10Q showed 165 billion dollars in “off balance sheet” assets

• WMIH closed on a capital raise of 600 million on 1/5/2015 – Expires 1/5/2018 without QA

• WMIH Shareowners meeting moved up from June/2015 until 4/28/2015

• WMIH Shareholders, approved a MASSIVE increase of authorized outstanding common shares to 3.5 Billion

• WMIH Shareholders approved an increase from 5 to 10 million of preferred shares

• 2 high level Executives hired-specialize in distressed assets to close (QA) a Qualified Acquisition

• These two Executives not on board WMIH permanently until around the middle of May/2015

• The same Executives will be awarded 1.777 million shares each on a Qualified Acquisition (QA) closing

• This is 4 Xs the shares awarded Mr. Davis – Very puzzling unless used for forward split

• Currently authorized are 3.5 billion common WMIH shares and 10 million Preferred shares equal to a valuable currency

• WMIH re-incorporates to Delaware approved which sits alongside WMIIC

• WMIIC has been incorporated in Delaware for many years prior to WMIH

• WMIH is up-listed to NASDAQ

• WMIH files 8K showing discussion halted on 10/13/2015 – Does not rule out deal completely

• During second half of year 2015 we see JPM raising 300 billion that no one talks about

• Between 6/2016 and 5/2017 JPM raises a MASSIVE 1.4 TRILLION – What is all of this for

• My view – I used to think FDIC was the show stopper – Now I believe it was KKR to gain control

• August 16, 2016 – settlement between FDIC/JPM/DB pending Calif Probate Court approval

• WMIH advised us they started DISSOLVING WMIIC in second quarter 2016

• March 21, 2017 WMIH holds conference call with investors – KKR to take control 6/1/2017

• KKRs key Executive to be assigned to WMIH shell with Thomas Fairfield to be COO eff 6/1/2017

• Gene Davis (plus) resign effective 6/1/2017 BUT their shares will still vest through 12/31/2017

• After this CC, I am convinced KKR used their influence to ensure WMIH UNABLE to complete QA

• Proves to me, KKR used their influence - worked very hard to take control of WMIH on 6/1/2017

• I look for WMIH to complete original QA by EOY 2017

• JPM 7/14/2017 8K Showing 645 million-dollar JPM/DB/FDIC settlement accounted for under EARNINGS RELEASE FINANCIAL SUPPLEMENT - 2Q17 buried in footnote on page #23

https://www.sec.gov/Archives/edgar/data/19617/000001961717000472/0000019617-17-000472-index.htm

• Stipulations to dismiss the four related cases pending before Judge Collyer were filed 9/15/2017. All four cases terminated on 9/15/2017. Details below.


1:13-cv-01997
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION v. FEDERAL DEPOSIT INSURANCE CORPORATION et al
Link to Stipulation on Recap
Archive:
http://www.archive.org/download/gov.uscourts.dcd.163697/gov.uscourts.dcd.163697.52.0.pdf

Link to Docket on Recap Archive: http://ia600607.us.archive.org/25/items/gov.uscourts.dcd.163697/gov.uscourts.dcd.163697.docket.html

1:12-cv-00450
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION v. FEDERAL DEPOSIT INSURANCE CORPORATION et al

Link to Stipulation on Recap Archive: www.archive.org/download/gov.uscourts.dcd.153459/gov.uscourts.dcd.153459.69.0.pdf

Link to Docket on Recap Archive:
http://ia600304.us.archive.org/5/items/gov.uscourts.dcd.153459/gov.uscourts.dcd.153459.docket.html

• Run-off Notes NOW PAID IN FULL on 9/29/2017

WaMu 1031 Exchange*Why Leave One Sub Open hm, hm
Note 9: Investment in Subsidiaries Since the Effective Date, the Trust had five (5) dormant subsidiaries without any active business operations. The subsidiaries adopted a plan of liquidation in October 2012.

The assets held by these subsidiaries were comprised solely of cash and cash equivalents. On June 23, 2017, four of the subsidiaries were merged with and into the last remaining subsidiary, WaMu 1031 Exchange. Prior to such mergers, such subsidiaries distributed their remaining cash to the Trust. The Trust received $444,333 on June 27, 2017. The last subsidiary, which no longer has any assets, is expected to be dissolved by December 31, 201


My view, no way they were serious about closing a QA before 1/5/2015 and so all they MAY have been doing was window shopping for years prior as 600 million was not raised before 1/5/2015. Then KKR wanted total control which delayed us for another two years or so.

Now what this shows me, this is all about WMIH purchasing former WaMu assets from the former WaMu Estate left in Safe Harbor and legally shielded from this bankruptcy case.

So now that KKR will be in control, WMIH may be about ready to move ahead by EOY 2017 and/or file an 8K discussing funding issue that expires on 1/5/2018 by EOY 2017. This MUST be addressed soon!




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