Thursday, July 28, 2022 10:18:12 AM
POINT THOUGH IS THAT COOP would go WITH THE TENDER OFFER and THEN we will never KNOW the PRIVATE MARKET VALUE.
Whether "WE" Know or not ?, Doesn't Matter ... the Values are still there, proven by KKR' ... and Gallagher' the CEO in early 2018' ... and NO ONE will give away these massive amounts' of money and asset value' just to prove a point' ...
It was ONLY STATED that assets COULD NEVER RETURN TO THE REORG'd DEBTORS ESTATE WMIH is the reorg'd debtor and COOP is a sub of WMIH.
the debtor terminology left with the "wmi-lt" ... turn the page' ... it was originally WMIHC then transitioned to WMIH'
Don't think it was ever stated that WMI couldn't buy the WHOLE BALL OF WAX WAS IT.
This ? Is What I Find Interesting' ... WMIH Is Already is in charge of EVERYTHING' ... as stated', "Predecessor / Successor Protocol"
IMHO so far it kind of sort of HAS IT's HAND in this whole NSM acquisition anyway
WHO IN THEIR RIGHT MIND WOULD BACK a 2.7 BILLION $$$$$$$ loan and as it was stated that is NO WHERE NEAR the over all value back said loan.........
the collateral has been disclosed in the SEC Filings' ... "It Was Not NationStar" ...
But again we agree ALL WILL BE JUST FINE and WE AGREE there is LOTS OF MONEY LEFT OUT THERE
Agree, ... I dispute any sharing ratios', ... any continued relationship with the "wmi-lt", ... and those stupid numbers' ... and ?, I want to see the complete value of the ENTIRE Company' ... just like Gallagher showed to the chosen ones in 2018' ... and once shown', with the threat of prosecution in the SDNY if revealed to the public' ...
AZ
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