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jerrylev

07/16/18 12:52 PM

#526905 RE: austin01 #526895

Austin, in all seriousness, I don't care whose theory it is. I may tease some people sometimes but seriously I only care about the fact and I don't want to see people getting hurt. I don't need nor want fame or anything. We have been waiting for a long 10 years and this is the last chance of HLCE if you have blown your chance in 2012.

So having said all of the above, WMIH is a public company and everything has to be disclosed. So if assets from the trust will go to WMIH, it has to be disclosed in POR 7 in 2012 as well as in 2018 with the merger with another public company. To date nobody has shown any document showing that assets from the trust will be transferred to WMIH and so you can be assured that this won't happen.

On the other hand, we will be paid and how much is left to debate, but we will be paid with cash by the trust to only those who signed release. Those who never signed such as KKR or NSM SH have no right to that money.

Because the trust is not a public company that you can trade its stock, they can easily hide its assets and it does not have to disclose anything.

Besides us, there are hedge funds who own and control those assets and money. Do you think that they will let it go easily to KKR or to Fortress?

People who didn't buy enough old WAMU shares in 2012 to have enough escrow markers, are now daydreaming about the impossible such as WMI assets will flow into WMIH and they will be given a lot of shares to profit, I would say that they are in denial. What was done was done. What was in the past cannot be changed anymore. You can only look at the future.

The future is WMIH. At the same time we are wondering why NSM merged with us or KKR put 600M in an empty shell, we need to know that they have big plan to make WMIH successful so that they can profit. It will be done with pure investments by NSM/WMIH as well as KKR but nothing to do with the old assets from WAMU. As mundane as it looks like, the 6B NOL will allow KKR and NSM build the mortgage giant for literally free. These guys don't want to take any risk but they use the NOL to pay off their investments,

A possible investment is 1 Trillion of distressed loans that will be sold by the government and WMIH/NSM will probably buy for 1B or less. There is no need to buy WMI assets, nor we want to sell it cheaply.

So I cannot warranty that WMIH can go to 18 in 3 years let alone 100 or a K-Mart run but $10 is reachable. So you need to buy enough WMIH shares to get HLCE, whatever that means for you, given that WMIH will go to 10 in 3 years. It can go to 18 or to 100 but that is a bonus.