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Post# of 730575
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ron_66271

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ron_66271

Re: Mr_Simpson72 post# 527233

Tuesday, 07/17/2018 11:56:21 PM

Tuesday, July 17, 2018 11:56:21 PM

Post# of 730575
Could Scenario B Result in an Ownership Change?

.207B old WMIH shares, then .403B new WMIH to NSM holders. What if many original of the .207B Reorged holders sold-off and are no longer Reorged original holders?

SBP Caveat; .444 WMIH shares to SBP if B's are converted. Many SBP holders are "Old and Cold".

Currently I'm leaning towards a Amended S-4, and an Updated Proforma in line with Scenario A supporting S4V before NSM Merger.

IMO; 1.215B new WMIH to Old Released WMI "Old and Cold" Common Escrow holders.


Thanks for the discussion.
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