How Do You understand Your point 4) where You specify the money will go to WMIH or Escrows Markers ? I assume the money should end at Marker holders, not WMIH. Or Do You suppose some S4V (previously discussed ?)
thanks, and GLTA Martin
Your Quote 4) WMMRC had to have a multitude of billions backing the insurance policies in run-off mode. I have confirmed in filings this would be almost all cash by the first quarter of 2019. Now Rich has confirmed this company will be gone by end of 2018 which means a multitude of billions belong to Marker holders and/or WMIH. Either way, we receive a lot via markers and/or the value of WMIH will rise dramatically from current prices. This could be in the "tens-of-dollars" per share depending on how many billions and the ownership of these monies either WMIH and/or marker holders.