InvestorsHub Logo
Followers 73
Posts 2686
Boards Moderated 0
Alias Born 08/29/2017

Re: Large Green post# 526468

Friday, 07/13/2018 8:49:55 PM

Friday, July 13, 2018 8:49:55 PM

Post# of 731683
A 141 S4V Will Guarantee;

1.215 billion new WMIH shares to old released WMI commons will guarantee that NO ownership change regarding the Reorganized Debtor compromising the NOLs resulting from WMB's losses satisfying IRS Rule 382.

IMO; High probability that the Series B Preferred are all, or partially cashed-out, rather that completely convert into WMIH commons.

WMIH raised $1.7B today. From S-4; WMIH to pay NSM $1.2ishB in cash.

WMIH has a high probability of receiving ABS Trust cash also due to the S4V events. Trust Dividend Distribution Date is ~July 15th. :)


P's 141 S4V and K's get funds from their performing associated TPS Trusts. Hence; the Cayman's.

141, because the dollar value is intrinsic in the share value.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News