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Re: AZCowboy post# 395038

Wednesday, 02/05/2014 4:02:58 PM

Wednesday, February 05, 2014 4:02:58 PM

Post# of 730560
AZ there is reason KKR invested only 11 Million...UNTIL MARCH 20....Do the math on PPS purchased at time 5.5% ownership requirement. I am inclined to agree with you on the no acquisition until March 20th only because of the IRS 382 rule. Keep in mind BOD WMIH have professional accountants and auditors making sure there is no ownership change to affect NOL's and Thanks to olti. The added amount of WMMRC NOL's is another bonus.

We are investing in two things. Future and expertise of KKR.

Holding Strong!



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