First of all, your S4V doctrine goes from theory to hypothesis or suggestion.
Secondly, WMIH is a post BK public company and has nothing to do with WAMU anymore.
Thirdly, the issuance of shares for KKR and the reduction of shares ownership by Fortress have to do with giving the control to KKR as number 1 position and Fortress as number 2 position. There will be no more shares issuance at least in the next 3-4 years because otherwise rule 382 will be triggered and the NOL will be killed.
There is no such thing as issuing shares for escrow SH so that we will be "the same" as before the WAMU seizure. F&R or not, it is a done deal and we have signed RELEASE.
Escrow will be paid by WMILT and perhaps also FDIC-R but not NSM + WMIH.