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Wednesday, June 20, 2018 10:03:53 AM
Lets See, ... I KNOW that once the "Restricted Cash" is actually moved to accommodate the upcoming merger' ... the "Embedded Derivative" used to control the WMIH-Corp price per share, ... thankfully, goes with it' (poof') ... (a shameful, yet legal tactic used IMO') ...
... I also KNOW that at the same time, ... the WMIH-Corp Originally Issued ... A' and B' series preferred, ALL' convert to ALL' WMIH-Corp Common Shares' ... that's a big deal in my opinion, with the WHHMP preferred already registered ?, and at the ready' ...
Now, I also KNOW' of the D.C. Dual Track and the ultimate Settlement Achieved, as well as the follow through to Judge Clasters Court in CA., to complete the requirements of the Settlement' ... Globic' ...
So, I believe the financially relevant move forward IS' aligned with Settlement 2 of 2', the WMB Tranche 5 Class 17's ability to be in a position to receive its next semi-annual distribution', ... July of 2018 ...
Once those WMB Tranche 5 Class 17 "Releases" are intact by way of their receipt of distribution ?, ... Then YES, ... I believe the process involving, Yet ANOTHER, NYSE Traded Company NSM, can complete their merger to be within US' ...
... WMIH-Corp, is also on the receiving end of the WaMu financial goodies' ... now that the Settlements (2 of 2) have been completed' ... only the WMB Class 17 Releases are still needed' ...
AZ
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