Its just my hypotheses for now but I think they may also get the cash in the exchange due to tax deferment reasons. I dont think the interest profits collecting in safe harbor for the last 9 years have been taxed. So I'm just theorizing that they may sweep everything including the cash in the shares for value exchange and run it through the Wamy 1031 Exchange corp. You can think of us escrow holders as simply participating in a new "IPO" where the new merged WMIH simply has all the assets fron the safe harbor..where escrow holders will own 95% of the new IPO (3.5 billion shares) and current WMIH stock holders will own 5% of the new IPO (200 million shares).
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