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t1215s

06/16/15 2:02 PM

#426279 RE: Boris the Spider #426278

Boris

I really don't blame those who truly are investing for bitching because there is a little reason for the bitching also
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Remember the first 10K's slogan of 100 companies view and 25 targeted
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On January 5, 2015, WMIHC raised $600 million of capital (less transaction costs) through the issuance of 600,000 Series B Preferred Shares. The shares carry a liquidation preference of $1,000 per share, equal to their initial purchase price. In addition, they have a mandatory redemption right three years from issuance date at a price equal to the initial investment amount, and accrue dividends at 3 per.00% annum.

NNNNNN

Fairfield 1,777,778 shs +$ 500,000.Sal.
Gallagher 1,777,778 shs +500,000.Sal.
Davis 437,497 shs
Williams 422,000 shs
Glossman 387,497 shs
Renoff 387,497 shs
Holiday 337,497 shs
Scheiwe 337,497 shs
NNNN Expenses
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So IMHO the true investors can bitch if they want to

9Mil+=???-Ts;-)

Royal Dude

06/16/15 2:18 PM

#426280 RE: Boris the Spider #426278

I just said the same thing but I have to learn how to write it in a less abusive way. Thxs Boris

MikeJones8

06/16/15 3:03 PM

#426281 RE: Boris the Spider #426278

Of course people want it now especially with those that have been saying day in and day out that it should be happening any time now, as it's been 7 years for goodness sake.

PickStocks

06/16/15 3:43 PM

#426282 RE: Boris the Spider #426278

Some of us did not invest in this BK joke....some of us have been in longer than you think and have legacy holdings in this BK.......excuse us if we think suckman and group are a joke of a law firm and our BoD are short of few blocks....The only thing the have going is they know how to increase their freebies on shares and salaries.....There will be no merger unless it is wmihc which is a joke in itself...

rockie101

06/16/15 4:03 PM

#426284 RE: Boris the Spider #426278

Boris you blank right I want my money now....if it's ours then I want it NOW!!!!!!

tcr7309

06/17/15 6:45 AM

#426308 RE: Boris the Spider #426278

spider, if you are talking wmih stock you are right it is going to take time. when the first m&a is complete and then the move to a real exchange, that is when wmih becomes real. If the m&a is a small no name deal then things are fishy. If they go down the same path as cpmk or if cpmk is acquired by wmih then the wmih bod is not on the up and up. So let's hope that we have a big time acquisition and a quick move to either the nyse or naz.

If you are talking escrows, they will have very little value short term, long term, it doesn't matter, they are dead but not yet buried. imo