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ron_66271

Re: ItsMyOption post# 514656

Saturday, 03/24/2018 2:13:54 PM

Saturday, March 24, 2018 2:13:54 PM

Post# of 731674
Escrow Shares for Value Exchange

must take place before NSM shareholder vote/Merger.

Would this dilution of shares have any negative effect for the NSM shareholder? I would think so.



Share for Value Exchange is not dilution to WMIH holders before the NSM merger because the Price/Book remains the same.

Hence; Shares for Value Exchange.

This is why the Share for Value Exchange must take place first before the NSM merger so the NSM participants are not diluted from the WMIH shares distribution to WMI Escrow holders.

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