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Re: ItsMyOption post# 649575

Thursday, 02/25/2021 4:43:47 PM

Thursday, February 25, 2021 4:43:47 PM

Post# of 727755
And that's the rub......They don't have to report under the literal usage of the term Unconsolidated Subsidiary. You won't even see that term, because if there is value, it can be reported (hidden in plain sight) under 'historical value' or 'purchase price' within the Consolidated filing. But what if that value is at the moment...zero?

My posit, was to say the value is zero at the moment, like we see in our DTC escrow accounts, then technically there is nothing to report at all ! catch my drift? If 3rd party trustees haven't released 12 years accumulated interest yet, then what is holdup? If the 3rd party trustees just now released 12 years accumulated interest, how long can WMIH delay passing it on? One reporting quarter?

Its like WMIH has legacy who released in a Catch 22. We know its there, because we have DTC markers. But we don't know what we got or when, because the current value is stated as zero.

This is the nut shell game WMIH is playing.

My question is what can we do to escape this whirlpool we keep circling around in?
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