What I value the company with it's remaining assets, is frankly pointless. It's more of the mumbo jumbo talk that goes on in here.
What is important to note, is that all the shareholders combined, outside of the KKR, CITI, Tepper, Savitz owned common and preferred shares would not be anywhere close enough to vote a no to execute the private initiative.
If you read up on SPACs (which WMIH is), most of the time they are failed M&A attempts that are taken private (they are gambles by big money players with a comfort in knowing that debt can be paid back in the worst case scenario by converting preferred shares, so it's a managed risk for them, they win either way).
Factually most SPACs fail, thus one can assume that the odds would be in favor of that because it is based on factual information, not mumbo jumbo assumptions.
Will that happen for sure? I have no idea, but again, I'm basing the opinion from known facts about how SPACs are handled. I hope that doesn't happen because it's bad for us, but that's what happens with SPACs 95% of the time.
We're not calling any shots here, nor do we have any significant voting power to assert our stance with regards to demanding information and that they do a better job.
We are at the mercy of whatever they come up with if anything regarding WMIH.
Fantasy mumbo jumbo board posts, will not change that.
As far as escrows go, those are an even bigger fantastical story of riches and dreams, that only prolong one being honest with oneself in that JPM will never give back anything or pay for anything, nor will the FDIC admit any wrong doing or pay for anything.
That's it, end of story for fantasy escrow payouts from the United States of JPM
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