What you really need to understand is when WMIH announces its business plan, the plan will be tied to our BELOVED Escrow Shares and SOON to be issued LTIs along with mNy of the assets/cash coming back.
It REALLY is ALL TIED TOGETHER!
Have I told you lately how much MORE, MORE and MORE I love my Escrow Shares and SOON to be issued LTIs?
Excellent Post!! The problem with many posters here is that they think of WMIH as a typical pink and do not understand market principles and fundamentals. This is not your "stinky pinky" for P&D or just flipping, but a true market grade investment at bargain basement prices.
Amen and amen: "2. IMHO: Quit drinking the Escrow share exchange kool-aid. The only evidence that is available (not speculation) that has anything to do with WMIH and WMILT with an equity issue is when the POR7 was approved. 2.9 Million shares of WMIH were setaside to address the D&O claims of certain officers and claimaints that were part of the litigation that has now been settled. LT will also reap about 55M in cash they can distribute too! smile
When the non-settling claimaints appeal to kill the settlement is denied, WMILT will be given the right to release the shares to escrow markers. However with the way the civil court system works this could take months. Better for all involved because LT will have to sell the stock to get the funds to give to LT interests. We should be at a much higher pps by then. If this BOD does what they are required to do via Pref contract language we will be at least doubled by then. That makes the shares much more valuable. "
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