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Large Green

07/10/18 5:25 PM

#525868 RE: LuckyPanda #525867

And neither am I but I know that Section 382 of the IRS Code is very strict. I also have no doubts the Big Money Players plan on using these NOLs/Tax Attributes while NOT running afoul of the IRS creating unnecessary Ownership Ship change while maintaining at least a 51% ownership.

You and I know the players involved have the best of the best and I know this merger closing will be one ownership change. So, I would also bet they do NOT planning on running afoul of the code nor do I believe they will wait another three years to make a large deal.

So, it would take many more specialized experts to figure this all out as all I try to do is connect dots with very, very limited information
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lodas

07/10/18 6:08 PM

#525878 RE: LuckyPanda #525867

Lucky Panda....how about this..BOD of NSM acts in a fiduciary capacity for their shareholders.... I am quite, and certainly sure that any SH assets and the amounts were discussed well in advance of merger talks were underway....Wmih cannot discuss proprietary information to shareholders, who are not part of any merger talks.. only the BOD is, and since the merger is a go, I am also quite certain that there is substantial money that Wmih has sequestered, but not disclosed...ergo, thats why the merger is a go... equal strength goes to equal strength...there is no other way for a merger to occur, except through equals...so, my point... if there is a S4V, it is known already by the NSM BOD, who have already placed their imprimatur on it...why not have a S4V at the time of the merger to clear the air, once and for all, there is nothing secret about the SH assets (if any).. we all know and surmise about them....Lodas