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Re: hotmeat post# 505076

Saturday, 01/20/2018 3:12:26 PM

Saturday, January 20, 2018 3:12:26 PM

Post# of 729629
Hotmeat, you're absolutely 100% right. Why would you waste your time?

In anyway, the result are as follows:

1) all assets sold from WMI's subs in terms of cash go pass through WMILT to markers.

2) All illiquid assets will/ is returned in the same way as (1). But, if WMIH wants, please pay for it by her shares.

3) WMIH has the negative equity interests could be used as NOL. Or, the equity interests in all WMI's subs are zero because there are no assets left because they were all sold.

Is it accounting 101? Equity = Assets - Liability.
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