InvestorsHub Logo

nosch

09/26/17 9:40 AM

#489105 RE: AZCowboy #489100

AZ...according your words now, Walrath made her decisions for our faviour, obviously? It seems like that.

pm1012244448

09/26/17 10:03 AM

#489106 RE: AZCowboy #489100

What happens if they are not returned?

BBANBOB

09/26/17 11:03 AM

#489116 RE: AZCowboy #489100

AZ
I am not sure about any others here but, I am TOTALLY CORNFUSED with this post.

Are you suggesting that WMIH receives cash from the 29 accts that was generated by old assets of WMI,BEFORE March 12th 2012(when it wan't even born yet), or cash generated after march of 2012 , when it has been plainly stated that no assets of the OLDCO can come to the NEWCO with some sort of purchase or buying them.........

And rather than references back to filings, could you put it in simple lay terms or dumb it down for me?????
I appreciate all your efforts here to help us try and understand but plain and simple stupid for the likes of me would be greatly appreciated TIA yet again

LuckyPanda

09/26/17 1:29 PM

#489138 RE: AZCowboy #489100

AZ, I had a suspicion that all the returning assets (cash + remaining loans) could potentially return to WMIH due to tax deferral reasons (sort of like a 1031 exchange in real estate), but if such a scenario comes true, would WMIH still not legally be required to issue shares to escrow holders for the merger?

Do you still believe escrow holders still own all the returning assets? or have you discovered something else to change your mind? Please share. Thanks!