AZC, yes when one sees the actual sequencing of events below, it just proves that a plan was ready to move forward in the summer of 2015. So, the WMIH/WMILT/Escrow Share/Tranche 5/6 plan must be literally hours to days away from a WMIH 8K filing showing the way.
Updated timeline using common sense diligence/facts – My view based on WMIH has announced!
• 1/5/2015 – 600 million raised – deal closed
• WMIH annual shareowner’s meeting moved 7 weeks up to 4/2015
• WMIH reincorporated into Delaware
• WMIIC already incorporated into Delaware
• Once WMIH incorporated into Delaware WMIIC and/or WMIH will be merged together
• According to Delaware law WMIIC/WMIH can merge – Either way does not matter
• 3.5 billion WMIH common shares authorized but NOT issued yet
• WMIH preferred shares increased from 5 million to 10 million authorized but not issued
• Two new Executives hired – one to be CEO and then his right hand counterpart
• Each Executive awarded 1.7 million WMIH shares each pending authorized asset (s) purchase
• All for the aforementioned pending WMIH annual Shareholder approval
• Via 8K filing WMIH – Shareholders approve aforementioned
• Two new WMIH Executives specialize in distressed debt experience – purchase/sale
• If WMIH was going to grow by small entity purchases – they have had since 3/20/2012 – Nothing
• One either believes this is a scam or WMIH is setting the stage for former asset purchase/return
• Considering two new WMIH Executives have only been on board since 5/1/2015
• The Executives would need at least of 4 to 6 months before making ANY type of asset purchase
• I agree whole heartedly with the 4 to 6-month timeline for announcement of assets purchase
• WMIH files an 8K 10/13/2015 – discusses purchase of a division of a public traded company
• WMIH further discusses talks ended discussions but no mention of a failed attempt
• Since the 8K on 10/2015 a multitude of institutions piled into WMIH buying millions of shares
• Even though WMIH has advised they will merge WMIIC together – this has not happened yet
• Now here we are in Mid-March 2016 waiting on another 8K from WMIH to show us the way
• WMIH 2015 10K has been filed on 3/11/2016 – no further details on 11 million spent on acquisition that ended
• Vanguard has added 250,000 for a total 4.1 million owned shares of WMIH as of 1/31/2016
• Vanguard must have some inside contacts to have this many shares even for them
• The passing of time to me proves one thing – WMIH has no interest in growing organically
• WMIH has had since 3/20/2012 to buy small companies and obviously have had no interest
• My view WMIH going to be re-united with former WaMu assets via WMILT share exchange
• Yes, I truly love my Escrow Shares MORE EVERYDAY!
News 
Market Data 
Discover 
