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fredmiller1999

06/14/18 3:23 PM

#522398 RE: fredmiller1999 #522366

This is what we own ppl


If you start reading where it says,


"A section 355 transaction"


IF YOU CONTINUE READING FROM THAT POINT!!!

YOU WILL KNOW WHAT YOU OWN!!!!

In simple terms YOU OWN THE PARENT COMPANY WMIH AND THE PARENT COMPANY OWNS A SUB

THAT SUB IS WMI INVESTMENT CORP

THAT GOT CARRIED THOUGH THE BANKRUPTCY

YOU NOW HAVE PERSONAL PROPERTY OWNERSHIP
OF INTEREST MADE FROM WMIH

WE WILL BE PAID SHARES AND CASH

ALSO TO NOTE ONCE AGAIN AZ WAS RIGHT....

THERE ARE DIFFERENT CLASS OWNERSHIP
ORIGINAL SHAREHOLDERS WIN




Basics of US tax-free spin-offs under section 355 - Steptoe & Johnson LLP
PDFhttps://www.steptoe.com › content


https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.steptoe.com/images/content/2/6/v1/2630/4358.pdf&ved=2ahUKEwiQ9MSO5tPbAhXnxFQKHTKIAU44FBAWMAd6BAgJEAE&usg=AOvVaw1z5EFfKAZIGbr55J3tBc7c




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