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LuckyPanda

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Re: cura asada post# 515039

Wednesday, 03/28/2018 3:19:43 PM

Wednesday, March 28, 2018 3:19:43 PM

Post# of 730630
cura, do you have a link to the March 31st as the closing date for Eclipse acquisition by Wand? The link will clearly prove that Eclipse is not NSM.

Like I was saying earlier a few weeks ago, the filing clearly stated that Wand was "acquiring" Eclipse and "merging" into NSM. Obviously, if March 31st is the closing date for Eclipse acquisition, it is clear proof that Eclipse is not NSM.

IMO, this makes sense as NSM management would not have reasonably agreed to be merged with a shell company with "future" promises of of some "hidden" WMILT safe harbor assets. NSM management would only be able to responsibly agree to WMIH merger only if it already had the assets before the close of merger. So I would think Wand "acquisition" of Eclipse (hopefully Eclipse = safe harbored assets) must happen before summer when WMIH/NSM merger closes.
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