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Re: jerrylev post# 509678

Saturday, 02/17/2018 7:45:18 PM

Saturday, February 17, 2018 7:45:18 PM

Post# of 728640
Mordicia says in post 509626

"There is a condition to the merger happening as I posted this morning. WMIH must be approved for listing on the Global Select Market on Nasdaq which requires a minimum bid price of $4.00. WMIH cannot get that listing unless the minimum bid is at $4.00 when application or approval is made imo. If it doesn't then there is no merger unless NSM would waive this condition. Given that it takes 6 weeks for this process, and the merger agreement gives WMIH 90 days to do so, it is logically to assume something is going to cause the price to rise to $4.00. And per the merger agreement a reverse split cannot be done to get to the $4.00."

I see now that there is only 90 days to reach $4.00. How s that possible?
Even with manipulation.
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