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BBANBOB

01/09/18 12:41 PM

#503467 RE: LuckyPanda #503465

LP

"""wouldn't WMIH be required to report an 8K as soon as money returns to the securities held by WMIIC?"""

With them currently under the """D""" I am of the OPINION, they are already in default so unless they choose to , THEY aren't REQUIRED TOO.

ANd honestly with the """D""" having only been put IN AFFECT on NOV 14th the """D"""" should or COULD have been put on em FOR NOT DISCLOSING a material event, so can't slap em twice as they are already D rated


The way I understand it is they can go i front of the SEC and say HEY we have had a material event, but we are not in a position that we want to disclose this event so we are not reporting it via an 8K, then the SEC says OK but your gonna be hit with a deficient rating

AZCowboy

01/09/18 12:45 PM

#503468 RE: LuckyPanda #503465

~ LP, Yes WMMSC & WAAC ARE Relevant ~

Relevant to ... us’, ... anyway

AZ