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Saturday, October 03, 2020 2:01:08 PM
Also, remember, "we believe there was an ownership change", so I believe once WMILT is finally dissolved, there will be shares issued to those investors who signed time releases by 3/2012 PRIOR to WMILT being dissolved.
This action will put shares back into the hands of the "old and cold" investors which then will be able to file with the IRS saying once WMILT was dissolved, there ended up being NO OWNERSHIP change, therefore, there will be anywhere from ten to thirty billion more in available NOLS and/or tax attributes that will maximize the value.
So, I fully believe COOP is telling us that since March the equity value has increased well over 400% while the last several years they ensured the price DID NOT rise which to me means a Corporate Action will be happening before yearend 2020.
I suggest Rosie will dissolve WMILT prior to 12/31/2020 and we will see shares issued to investors (issued ONLY to timely-signed releases by 3/2012) which will be based on the math formula that was advised in January 2012 relating to the type and amount of Markers/securities in one's account. I believe we will hear and/or know something regarding the aforementioned prior to 12/15/2020.
Recent COOP News
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