~ Well, Since You Asked ?, My Thoughts Are, As Usual and In The Same Fashion As The WMI, to the WMIH Preferred Managing Sub ?, The Actual Company's SEC Filings Are Being Disregarded, and Simply NOT Being Read or Considered' ~
... "the nonsense is simply being continued" ...
Either bop' is right (Obviously NOT) ?, or the Company's SEC Filed 10-K's Are Right ... it can not be both' ... I go with the BK Docket Submissions and the Company's SEC Filings myself' ...
Here is a sampling of some basic and very well supported inverstor' data;
Yesterday, Friday the 12th, 2021 was the 1st day of the new WMIH BOD's IRS Rule 382 "Ownership Change" Accommodation ... the new BOD's Ownership Change is now 3 years complete and the BOD's is now IRS Rule 382 compliant' ...
The Company States, It Will Be Following "Predecessor" Operational Protocols' ... the reference to "Predecessor" is obviously referring to WMI', now of course reorganized into "WMIH" ...
The Company also states it has been using Predecessor (WMIH) / Successor (NationStar) Accounting for the last 5 months of 2018 and for the full year of 2019' ... SEC allowable while the "WMIH" the actual reorganized' "Holding Company", remained under the Delaware Bankruptcy Courts Restricted Control ... as WE know the WMI BK Cases were Court Ordered Closed in December of 2019' ...
the Company WMI, now "WMIH" Protocols were to utilize its Subsidiary's to manage and account for interest earnings and revenue, ... Then ?, the Company WMI, Washington Mutual Inc., (as a Consolidated Taxation Filer for ALL' of the Company' Parent & Subs) would announce an issuing of a quarterly interest return for a Bond debt offering or a common share coupon' ... Earnings were a separate occasion' ...
The same application of process was for the always separated WMI Capital Trust ...
So, skipping over a lot of process, ... Here Is Where I believe "WE" are at ...
The New BOD's is now IRS Compliant as of yesterday'
In My Opinion ? ... WE will have a BOD's Announcement ahead of Earnings on the 23rd' ... and then the Company's 10-K which to the trained researcher and OG' Investor, like myself, will reveal an accurate and complete "Corporate Structure" for "WMIH and its Subsidiaries" ...
the DTC Issued ESC Cusips will be utilized to return any accumulated interest earnings (dividends) that have NOT Been distributed to their respective original Judge Walrath's Plan 7 releasing owners' ...
The Company "WMIH" will be properly accounted for moving forward, beginning with taxing year 2020, ... and once the restricted interest earnings are caught up, will function properly and', in the very same fashion as the original "Predecessor Operations" ... as has already been stated'
The Company manages the Subs and the Cap Trust, so the Company will move forward under all of those very same conditions and guidelines' ...
... these made up discussions over buying out commons or preferred are just made up nonsense that is NOT conducive to what the Company Itself' has revealed in its SEC Submissions' ...
READ THIS VERY CAREFULLY:, ... ONCE' ? ... Ones DTC Issued ESC Cusips have been utilized for the maximum amount of interest earnings due to an original releasing participant has been completed in proper fashion ? Then, and only then, will those original DTC ESC Cusips be removed from ones account' ... IN MY OPINION, this will all begin to be fulfilled very quickly now as The Company', WMIH is now in a position to move forward properly' ...
... "WE" ... the WMIH, symbol COOP Shareholders, the New IRS Rule 382 Compliant BOD's, the company itself "WMIH", and now, WE' will now begin to move forward properly ... This Is', the Judge Walrath Plan 7's Disclosure Statement', as well as The Company's SEC Supported Process ... period' ...
I Hope That Helped'
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