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Sunday, January 28, 2018 11:51:35 AM
As referred to in the WMIH-Corp Original' "Registration Certificate" ... According to Rule 144' of the 1933 Act', ... WMIH-Corp, (as a publicly traded company) is NOT' Legally able to utilize any form of a transitional security issued', (in this case, referring specifically to the B' Series Preferreds), that the newco' may have issued, upon ? or beyond, its notification or receipt of any "Trust" aligned securitys', ...
So, immediately upon the notification of' ?, or the physical receipt of' ?, ... Trust' ... produced' Cash / or Future Value', on the 25th of January 2018, per prospectus, and also aligned with DB's 12/11/2017 announcement', ...
... The WMIH-Corp BOD's, ... IMMEDIATELY', had a fiduciary duty to "DELIST", any remaining B's security's that had not yet been transitioned at that very moment in time' ...
So, ... ANY further coupon' or dividend payment' ?, made by the Newco' for any of the remaining unused B' Series, that again', per Rule 144 of the 1933 Act, ... would have truly been a breach of their own (WMIH-Corps BOD's) fiduciary duty, with the continuation of any payment' for any security's (the unused B's) that were no longer legally able to be transitioned ...
Yes, The Remaining and any unused B' Series Securities as of 01/25/2018, and as notified by way of an 8-K', filed on 01/26/2018' have been "DELISTED" ...
NO, There will not be any future ... "Shelf Registration" ... for the remaining and unused, B's ... They are, GONE / Delisted
The "Replacement Credit Facility", IS GONE'
The pps controlling "Embedded Derivative Function", IS GONE'
Any Remaining, "Restricted Cash", held by the "Escrow Agent", ... Citi', ... Will Be returned' ...
WMIH-Corp IS NO LONGER restricted'
regarding some of these (nonsensical) recent presentations ?, The WMIH-Corp Original B' Series Security Registration Certificates', as have been submitted, have been either totally disregarded ?, or obviously misunderstood' ... like so much of the process' has been to date', ...
... "it is what it is" ...
as the process makes sense, and moves forward, everything, and I mean everything, is absolutely Just Fine' ...
AZ
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